GNSS Stock | | | USD 2.65 0.51 16.14% |
Genasys financial indicator trend analysis is much more than just examining Genasys latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genasys is a good investment. Please check the relationship between Genasys Intangible Assets and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genasys. 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 more information on how to buy Genasys Stock please use our
How to Invest in Genasys guide.
Intangible Assets vs Cash
Intangible Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Genasys Intangible Assets account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Genasys' Intangible Assets and Cash is -0.31. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Genasys, assuming nothing else is changed. The correlation between historical values of Genasys' Intangible Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Genasys are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Intangible Assets i.e., Genasys' Intangible Assets and Cash go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Cash
Cash refers to the most liquid asset of Genasys, which is listed under current asset account on Genasys balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Genasys customers. The amounts must be unrestricted with restricted cash listed in a different Genasys account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Genasys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genasys 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genasys. 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 more information on how to buy Genasys Stock please use our
How to Invest in Genasys guide.At this time, Genasys'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 8.9
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(8.71) in 2024.
Genasys fundamental ratios Correlations
Click cells to compare fundamentals
Genasys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genasys fundamental ratios Accounts
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Additional Tools for Genasys Stock Analysis
When running Genasys' price analysis, check to
measure Genasys' 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 Genasys is operating at the current time. Most of Genasys' value examination focuses on studying past and present price action to
predict the probability of Genasys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genasys' price. Additionally, you may evaluate how the addition of Genasys to your portfolios can decrease your overall portfolio volatility.