DRS Stock | | | 35.09 0.83 2.42% |
Leonardo DRS, financial indicator trend analysis is infinitely more than just investigating Leonardo DRS, Common recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leonardo DRS, Common is a good investment. Please check the relationship between Leonardo DRS, Capex To Depreciation and its Price To Sales Ratio accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Leonardo DRS, Common. 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.
Capex To Depreciation vs Price To Sales Ratio
Capex To Depreciation vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Leonardo DRS, Common Capex To Depreciation account and
Price To Sales Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Leonardo DRS,'s Capex To Depreciation and Price To Sales Ratio is 0.29. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Leonardo DRS, Common, assuming nothing else is changed. The correlation between historical values of Leonardo DRS,'s Capex To Depreciation and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Leonardo DRS, Common are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Leonardo DRS,'s Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Leonardo DRS, Common stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Leonardo DRS, sales, a figure that is much harder to manipulate than other Leonardo DRS, Common multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Leonardo DRS,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leonardo DRS, Common 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Leonardo DRS, Common. 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.
At this time, Leonardo DRS,'s
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 12.6
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
Leonardo DRS, fundamental ratios Correlations
Click cells to compare fundamentals
Leonardo DRS, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Leonardo DRS, fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Leonardo Stock Analysis
When running Leonardo DRS,'s price analysis, check to
measure Leonardo DRS,'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 Leonardo DRS, is operating at the current time. Most of Leonardo DRS,'s value examination focuses on studying past and present price action to
predict the probability of Leonardo DRS,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leonardo DRS,'s price. Additionally, you may evaluate how the addition of Leonardo DRS, to your portfolios can decrease your overall portfolio volatility.