Couchbase Depreciation vs Net Income Analysis
BASE Stock | USD 15.24 0.35 2.25% |
Couchbase financial indicator trend analysis is way more than just evaluating Couchbase prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Couchbase is a good investment. Please check the relationship between Couchbase Depreciation and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Couchbase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Couchbase Stock refer to our How to Trade Couchbase Stock guide.
Depreciation vs Net Income
Depreciation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Couchbase Depreciation account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Couchbase's Depreciation and Net Income is -0.89. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Couchbase, assuming nothing else is changed. The correlation between historical values of Couchbase's Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Couchbase are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., Couchbase's Depreciation and Net Income go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Couchbase value has been used up. For tax purposes Couchbase can deduct the cost of the tangible assets it purchases as business expenses. However, Couchbase must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Couchbase financial statement analysis. It represents the amount of money remaining after all of Couchbase operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Couchbase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Couchbase 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 Couchbase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Couchbase Stock refer to our How to Trade Couchbase Stock guide.The current year's Enterprise Value is expected to grow to about 1.2 B, whereas Tax Provision is forecasted to decline to about 1.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 656K | 101K | 43K | 40.9K | Depreciation And Amortization | 2.8M | 6.1M | 2.4M | 3.3M |
Couchbase fundamental ratios Correlations
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Couchbase Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Couchbase is a strong investment it is important to analyze Couchbase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Couchbase's future performance. For an informed investment choice regarding Couchbase Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Couchbase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Couchbase Stock refer to our How to Trade Couchbase Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Couchbase. If investors know Couchbase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Couchbase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.60) | Revenue Per Share 4.042 | Quarterly Revenue Growth 0.196 | Return On Assets (0.20) | Return On Equity (0.60) |
The market value of Couchbase is measured differently than its book value, which is the value of Couchbase that is recorded on the company's balance sheet. Investors also form their own opinion of Couchbase's value that differs from its market value or its book value, called intrinsic value, which is Couchbase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Couchbase's market value can be influenced by many factors that don't directly affect Couchbase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Couchbase's value and its price as these two are different measures arrived at by different means. Investors typically determine if Couchbase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Couchbase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.