| TOMZ Stock | | | USD 0.74 0.01 1.33% |
TOMI Environmental financial indicator trend analysis is much more than just breaking down TOMI Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TOMI Environmental is a good investment. Please check the relationship between TOMI Environmental Current Deferred Revenue and its Capex To Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TOMI Environmental Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Current Deferred Revenue vs Capex To Revenue
Current Deferred Revenue vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TOMI Environmental Current Deferred Revenue account and
Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between TOMI Environmental's Current Deferred Revenue and Capex To Revenue is -0.1. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of TOMI Environmental Solutions, assuming nothing else is changed. The correlation between historical values of TOMI Environmental's Current Deferred Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of TOMI Environmental Solutions are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Current Deferred Revenue i.e., TOMI Environmental's Current Deferred Revenue and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.1 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from TOMI Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TOMI Environmental 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 TOMI Environmental Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, TOMI Environmental's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is expected to grow at the current pace this year, whereas
Sales General And Administrative To Revenue is likely to drop 0.70 in 2024.
TOMI Environmental fundamental ratios Correlations
Click cells to compare fundamentals
TOMI Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TOMI Environmental fundamental ratios Accounts
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Additional Tools for TOMI Stock Analysis
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