| NTZ Stock | | | USD 4.78 0.02 0.42% |
Natuzzi SpA financial indicator trend analysis is infinitely more than just investigating Natuzzi SpA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natuzzi SpA is a good investment. Please check the relationship between Natuzzi SpA Capital Expenditures and its Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natuzzi SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Natuzzi Stock please use our
How to Invest in Natuzzi SpA guide.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natuzzi SpA Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Natuzzi SpA's Capital Expenditures and Depreciation is 0.06. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Natuzzi SpA, assuming nothing else is changed. The correlation between historical values of Natuzzi SpA's Capital Expenditures and 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 Capital Expenditures of Natuzzi SpA are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Natuzzi SpA's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.06 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Natuzzi SpA to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Natuzzi SpA operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Depreciation
Depreciation indicates how much of Natuzzi SpA value has been used up. For tax purposes Natuzzi SpA can deduct the cost of the tangible assets it purchases as business expenses. However, Natuzzi SpA must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Natuzzi SpA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natuzzi SpA 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 Natuzzi SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Natuzzi Stock please use our
How to Invest in Natuzzi SpA guide.At this time, Natuzzi SpA's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.19 in 2024, whereas
Tax Provision is likely to drop slightly above 1.5
M in 2024.
Natuzzi SpA fundamental ratios Correlations
Click cells to compare fundamentals
Natuzzi SpA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natuzzi SpA fundamental ratios Accounts
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Additional Tools for Natuzzi Stock Analysis
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predict the probability of Natuzzi SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natuzzi SpA's price. Additionally, you may evaluate how the addition of Natuzzi SpA to your portfolios can decrease your overall portfolio volatility.