Oculis Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

OCSAW Stock   4.35  0.32  7.94%   
Oculis Holding financial indicator trend analysis is much more than just breaking down Oculis Holding AG prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oculis Holding AG is a good investment. Please check the relationship between Oculis Holding Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oculis Holding AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oculis Holding AG Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Oculis Holding's Non Currrent Assets Other and Property Plant And Equipment Net is -0.93. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Oculis Holding AG, assuming nothing else is changed. The correlation between historical values of Oculis Holding's Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Oculis Holding AG are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Oculis Holding's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Oculis Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oculis Holding AG 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oculis Holding AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Issuance Of Capital Stock is likely to climb to about 142.4 M in 2024, whereas Tax Provision is likely to drop slightly above 74.8 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.1M6.4M1.3M1.2M
Interest Income21K126K1.4M1.5M

Oculis Holding fundamental ratios Correlations

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Oculis Holding Account Relationship Matchups

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