| ONE Stock | | | CAD 0.32 0.11 52.38% |
01 Communique financial indicator trend analysis is way more than just evaluating 01 Communique Laboratory prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 01 Communique Laboratory is a good investment. Please check the relationship between 01 Communique Free Cash Flow and its Capital Expenditures accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in 01 Communique Laboratory. 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 vs Capital Expenditures
Free Cash Flow vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
01 Communique Laboratory Free Cash Flow account and
Capital Expenditures. At this time, the significance of the direction appears to have almost no relationship.
The correlation between 01 Communique's Free Cash Flow and Capital Expenditures is 0.17. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of 01 Communique Laboratory, assuming nothing else is changed. The correlation between historical values of 01 Communique's Free Cash Flow and Capital Expenditures 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 of 01 Communique Laboratory are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., 01 Communique's Free Cash Flow and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.17 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Capital Expenditures
Capital Expenditures are funds used by 01 Communique Laboratory to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of 01 Communique operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from 01 Communique's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 01 Communique Laboratory 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 01 Communique Laboratory. 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.
At this time, 01 Communique's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 1.94 in 2024, whereas
Selling General Administrative is likely to drop slightly above 427.4
K in 2024.
01 Communique fundamental ratios Correlations
Click cells to compare fundamentals
01 Communique Account Relationship Matchups
High Positive Relationship
High Negative Relationship
01 Communique fundamental ratios Accounts
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Additional Tools for ONE Stock Analysis
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