| NCI Stock | | | CAD 1.57 0.02 1.29% |
NTG Clarity financial indicator trend analysis is infinitely more than just investigating NTG Clarity Networks recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NTG Clarity Networks is a good investment. Please check the relationship between NTG Clarity Free Cash Flow Per Share and its Capex To Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NTG Clarity Networks. 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.
Free Cash Flow Per Share vs Capex To Depreciation
Free Cash Flow Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NTG Clarity Networks Free Cash Flow Per Share account and
Capex To Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between NTG Clarity's Free Cash Flow Per Share and Capex To Depreciation is 0.21. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of NTG Clarity Networks, assuming nothing else is changed. The correlation between historical values of NTG Clarity's Free Cash Flow Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of NTG Clarity Networks are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Per Share i.e., NTG Clarity's Free Cash Flow Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
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.
Most indicators from NTG Clarity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NTG Clarity Networks 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NTG Clarity Networks. 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.
Sales General And Administrative To Revenue is likely to climb to 0.18 in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.7
M in 2024.
NTG Clarity fundamental ratios Correlations
Click cells to compare fundamentals
NTG Clarity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NTG Clarity fundamental ratios Accounts
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Additional Tools for NTG Stock Analysis
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