Manaris Ptb Ratio vs Capex To Depreciation Analysis
| AVNY Stock | USD 0.0001 0.00 0.00% |
Manaris Corp financial indicator trend analysis is infinitely more than just investigating Manaris Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manaris Corp is a good investment. Please check the relationship between Manaris Corp Ptb Ratio and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Manaris Corp. 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 Manaris Stock please use our How to Invest in Manaris Corp guide.
Ptb Ratio vs Capex To Depreciation
Ptb Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manaris Corp Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Manaris Corp's Ptb Ratio and Capex To Depreciation is 0.77. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Manaris Corp, assuming nothing else is changed. The correlation between historical values of Manaris Corp's Ptb Ratio 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 Ptb Ratio of Manaris Corp 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 Ptb Ratio i.e., Manaris Corp's Ptb Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.77 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.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 Manaris Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manaris Corp 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 Manaris Corp. 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 Manaris Stock please use our How to Invest in Manaris Corp guide.At this time, Manaris Corp's Discontinued Operations is fairly stable compared to the past year. Enterprise Value is likely to rise to about 7.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.4 M in 2024.
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 1.3M | 7.9M | 9.1M | 5.0M | Total Revenue | 3.6M | 21.6M | 24.8M | 14.4M |
Manaris Corp fundamental ratios Correlations
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Manaris Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Manaris Corp's price analysis, check to measure Manaris Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manaris Corp is operating at the current time. Most of Manaris Corp's value examination focuses on studying past and present price action to predict the probability of Manaris Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manaris Corp's price. Additionally, you may evaluate how the addition of Manaris Corp to your portfolios can decrease your overall portfolio volatility.