Nuburu Total Current Assets vs Gross Profit Margin Analysis
BURU Stock | 0.43 0.01 2.27% |
Nuburu financial indicator trend analysis is infinitely more than just investigating Nuburu Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuburu Inc is a good investment. Please check the relationship between Nuburu Total Current Assets and its Gross Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nuburu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Total Current Assets vs Gross Profit Margin
Total Current Assets vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuburu Inc Total Current Assets account and Gross Profit Margin. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nuburu's Total Current Assets and Gross Profit Margin is -0.67. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Nuburu Inc, assuming nothing else is changed. The correlation between historical values of Nuburu's Total Current Assets and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Nuburu Inc are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Current Assets i.e., Nuburu's Total Current Assets and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Gross Profit Margin
Most indicators from Nuburu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuburu Inc 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 Nuburu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Sales General And Administrative To Revenue is likely to gain to 6.74 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 546.9K | 450.5K | 505.9K | 396.4K | Interest Income | 1.2K | 44.0K | 1.6M | 1.7M |
Nuburu fundamental ratios Correlations
Click cells to compare fundamentals
Nuburu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Nuburu Stock Analysis
When running Nuburu's price analysis, check to measure Nuburu'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 Nuburu is operating at the current time. Most of Nuburu's value examination focuses on studying past and present price action to predict the probability of Nuburu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuburu's price. Additionally, you may evaluate how the addition of Nuburu to your portfolios can decrease your overall portfolio volatility.