Anaergia Book Value Per Share vs Capex To Depreciation Analysis
ANRG Stock | 0.90 0.04 4.65% |
Anaergia financial indicator trend analysis is way more than just evaluating Anaergia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anaergia is a good investment. Please check the relationship between Anaergia Book Value Per Share and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anaergia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Book Value Per Share vs Capex To Depreciation
Book Value Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anaergia Book Value Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Anaergia's Book Value Per Share and Capex To Depreciation is 0.6. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Anaergia, assuming nothing else is changed. The correlation between historical values of Anaergia's Book Value Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Anaergia are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Book Value Per Share i.e., Anaergia's Book Value Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Anaergia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anaergia current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anaergia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 11th of December 2024, Enterprise Value is likely to grow to about 940.2 M, though Tax Provision is likely to grow to (8.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.4M | 3.7M | 5.8M | 4.2M | Interest Income | 917K | 23.5M | 27.1M | 28.4M |
Anaergia fundamental ratios Correlations
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Anaergia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Other Information on Investing in Anaergia Stock
Balance Sheet is a snapshot of the financial position of Anaergia at a specified time, usually calculated after every quarter, six months, or one year. Anaergia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anaergia and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Anaergia currently owns. An asset can also be divided into two categories, current and non-current.