Telix Depreciation And Amortization vs Research Development Analysis

TLX Stock   15.76  0.16  1.03%   
Telix Pharmaceuticals financial indicator trend analysis is much more than just breaking down Telix Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telix Pharmaceuticals is a good investment. Please check the relationship between Telix Pharmaceuticals Depreciation And Amortization and its Research Development accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telix Pharmaceuticals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Depreciation And Amortization vs Research Development

Depreciation And Amortization vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telix Pharmaceuticals Depreciation And Amortization account and Research Development. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Telix Pharmaceuticals' Depreciation And Amortization and Research Development is 0.85. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Research Development in the same time period over historical financial statements of Telix Pharmaceuticals Limited, assuming nothing else is changed. The correlation between historical values of Telix Pharmaceuticals' Depreciation And Amortization and Research Development 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 And Amortization of Telix Pharmaceuticals Limited are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Depreciation And Amortization i.e., Telix Pharmaceuticals' Depreciation And Amortization and Research Development go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Research Development

Most indicators from Telix Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telix Pharmaceuticals 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 Telix Pharmaceuticals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Tax Provision is likely to rise to about (2 M) in 2024. Selling General Administrative is likely to drop to about 57.5 M in 2024
 2021 2023 2024 (projected)
Depreciation And Amortization236.6K6.7M7.1M
Interest Income1K1.0M1.1M

Telix Pharmaceuticals fundamental ratios Correlations

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0.810.670.580.611.00.640.52-0.82-0.30.550.890.740.660.430.890.60.410.470.390.550.490.580.560.630.65
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0.90.90.830.880.610.90.95-0.83-0.890.840.790.810.870.780.790.890.920.970.90.920.930.940.890.650.9
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Telix Pharmaceuticals Account Relationship Matchups

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