| FARN Stock | | | 165.00 10.00 5.71% |
Faron Pharmaceuticals financial indicator trend analysis is much more than just examining Faron Pharmaceuticals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Faron Pharmaceuticals is a good investment. Please check the relationship between Faron Pharmaceuticals Net Income From Continuing Ops and its Depreciation And Amortization accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Faron Pharmaceuticals Oy. 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.
Net Income From Continuing Ops vs Depreciation And Amortization
Net Income From Continuing Ops vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Faron Pharmaceuticals Net Income From Continuing Ops account and
Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Faron Pharmaceuticals' Net Income From Continuing Ops and Depreciation And Amortization is -0.65. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Faron Pharmaceuticals Oy, assuming nothing else is changed. The correlation between historical values of Faron Pharmaceuticals' Net Income From Continuing Ops and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Faron Pharmaceuticals Oy are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Income From Continuing Ops i.e., Faron Pharmaceuticals' Net Income From Continuing Ops and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.65 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Income From Continuing Ops
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Faron Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Faron Pharmaceuticals 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 Faron Pharmaceuticals Oy. 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.
Selling General Administrative is likely to gain to about 9.1
M in 2024, whereas
Tax Provision is likely to drop 0.00 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 235K | 1.4M | 2.2M | 2.3M | Depreciation And Amortization | 306K | 300K | 197K | 185.2K |
Faron Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Faron Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Faron Pharmaceuticals fundamental ratios Accounts
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