Actelis Change In Cash vs Net Borrowings Analysis

ASNS Stock  USD 1.18  0.01  0.85%   
Actelis Networks financial indicator trend analysis is way more than just evaluating Actelis Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Actelis Networks is a good investment. Please check the relationship between Actelis Networks Change In Cash and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Actelis Networks. 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.
For more information on how to buy Actelis Stock please use our How to Invest in Actelis Networks guide.

Change In Cash vs Net Borrowings

Change In Cash vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Actelis Networks Change In Cash account and Net Borrowings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Actelis Networks' Change In Cash and Net Borrowings is -0.63. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Actelis Networks, assuming nothing else is changed. The correlation between historical values of Actelis Networks' Change In Cash and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Actelis Networks are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change In Cash i.e., Actelis Networks' Change In Cash and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Change In Cash

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Actelis Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Actelis Networks 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 Actelis Networks. 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.
For more information on how to buy Actelis Stock please use our How to Invest in Actelis Networks guide.At this time, Actelis Networks' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 9.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense690K830K766K700.2K
Depreciation And Amortization37K23K27K26.6K

Actelis Networks fundamental ratios Correlations

-0.330.770.850.94-0.770.920.95-0.79-0.67-0.88-0.830.760.930.850.92-0.650.790.240.8-0.870.60.830.93-0.810.98
-0.330.24-0.01-0.580.83-0.56-0.40.690.860.270.11-0.15-0.41-0.41-0.420.9-0.180.38-0.090.67-0.46-0.35-0.410.8-0.43
0.770.240.940.64-0.350.670.73-0.5-0.09-0.86-0.920.440.710.760.78-0.150.460.170.86-0.560.450.790.78-0.370.76
0.85-0.010.940.78-0.560.820.89-0.72-0.25-0.95-0.940.390.890.90.9-0.420.43-0.030.98-0.740.720.920.9-0.590.86
0.94-0.580.640.78-0.930.990.94-0.93-0.79-0.9-0.820.60.930.920.96-0.830.64-0.030.76-0.980.690.890.97-0.940.99
-0.770.83-0.35-0.56-0.93-0.93-0.810.950.890.750.64-0.42-0.81-0.83-0.850.96-0.460.25-0.580.97-0.7-0.79-0.850.99-0.86
0.92-0.560.670.820.99-0.930.94-0.95-0.74-0.93-0.860.510.940.960.98-0.830.56-0.130.81-0.990.750.930.98-0.940.98
0.95-0.40.730.890.94-0.810.94-0.89-0.62-0.92-0.810.551.00.920.94-0.750.59-0.010.9-0.90.820.90.95-0.860.95
-0.790.69-0.5-0.72-0.930.95-0.95-0.890.720.870.75-0.28-0.9-0.94-0.920.92-0.330.38-0.770.98-0.86-0.91-0.920.95-0.88
-0.670.86-0.09-0.25-0.790.89-0.74-0.620.720.460.34-0.63-0.6-0.54-0.610.87-0.65-0.07-0.240.79-0.37-0.46-0.620.89-0.7
-0.880.27-0.86-0.95-0.90.75-0.93-0.920.870.460.97-0.38-0.91-0.99-0.980.61-0.420.17-0.940.89-0.76-0.99-0.980.76-0.94
-0.830.11-0.92-0.94-0.820.64-0.86-0.810.750.340.97-0.38-0.8-0.93-0.930.44-0.420.09-0.870.8-0.6-0.94-0.930.62-0.88
0.76-0.150.440.390.6-0.420.510.55-0.28-0.63-0.38-0.380.50.320.46-0.31.00.770.27-0.45-0.010.270.5-0.480.64
0.93-0.410.710.890.93-0.810.941.0-0.9-0.6-0.91-0.80.50.920.94-0.760.54-0.070.91-0.90.850.90.94-0.860.94
0.85-0.410.760.90.92-0.830.960.92-0.94-0.54-0.99-0.930.320.920.99-0.720.37-0.280.9-0.940.821.00.98-0.830.93
0.92-0.420.780.90.96-0.850.980.94-0.92-0.61-0.98-0.930.460.940.99-0.730.5-0.140.89-0.960.760.981.0-0.860.97
-0.650.9-0.15-0.42-0.830.96-0.83-0.750.920.870.610.44-0.3-0.76-0.72-0.73-0.340.34-0.50.89-0.75-0.67-0.730.96-0.73
0.79-0.180.460.430.64-0.460.560.59-0.33-0.65-0.42-0.421.00.540.370.5-0.340.740.31-0.490.040.320.54-0.520.68
0.240.380.17-0.03-0.030.25-0.13-0.010.38-0.070.170.090.77-0.07-0.28-0.140.340.74-0.170.22-0.53-0.3-0.10.190.06
0.8-0.090.860.980.76-0.580.810.9-0.77-0.24-0.94-0.870.270.910.90.89-0.50.31-0.17-0.750.840.930.88-0.620.82
-0.870.67-0.56-0.74-0.980.97-0.99-0.90.980.790.890.8-0.45-0.9-0.94-0.960.89-0.490.22-0.75-0.76-0.91-0.950.97-0.94
0.6-0.460.450.720.69-0.70.750.82-0.86-0.37-0.76-0.6-0.010.850.820.76-0.750.04-0.530.84-0.760.820.75-0.730.66
0.83-0.350.790.920.89-0.790.930.9-0.91-0.46-0.99-0.940.270.91.00.98-0.670.32-0.30.93-0.910.820.97-0.780.91
0.93-0.410.780.90.97-0.850.980.95-0.92-0.62-0.98-0.930.50.940.981.0-0.730.54-0.10.88-0.950.750.97-0.860.98
-0.810.8-0.37-0.59-0.940.99-0.94-0.860.950.890.760.62-0.48-0.86-0.83-0.860.96-0.520.19-0.620.97-0.73-0.78-0.86-0.88
0.98-0.430.760.860.99-0.860.980.95-0.88-0.7-0.94-0.880.640.940.930.97-0.730.680.060.82-0.940.660.910.98-0.88
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Actelis Networks Account Relationship Matchups

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