| TCX Stock | | | USD 16.59 0.32 1.97% |
Tucows financial indicator trend analysis is much more than just breaking down Tucows Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tucows Inc is a good investment. Please check the relationship between Tucows Depreciation and its Begin Period Cash Flow accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Depreciation vs Begin Period Cash Flow
Depreciation vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tucows Inc Depreciation account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tucows' Depreciation and Begin Period Cash Flow is 0.72. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Tucows Inc, assuming nothing else is changed. The correlation between historical values of Tucows' Depreciation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Tucows Inc are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Depreciation i.e., Tucows' Depreciation and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Tucows Inc value has been used up. For tax purposes Tucows can deduct the cost of the tangible assets it purchases as business expenses. However, Tucows Inc 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.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Tucows' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tucows Inc 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Enterprise Value is likely to rise to about 564.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 31.7
M in 2024.
Tucows fundamental ratios Correlations
Click cells to compare fundamentals
Tucows Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tucows fundamental ratios Accounts
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Additional Tools for Tucows Stock Analysis
When running Tucows' price analysis, check to
measure Tucows' 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 Tucows is operating at the current time. Most of Tucows' value examination focuses on studying past and present price action to
predict the probability of Tucows' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tucows' price. Additionally, you may evaluate how the addition of Tucows to your portfolios can decrease your overall portfolio volatility.