Celexpress Good Will vs Intangible Assets Analysis
| CELX Stock | USD 0.0001 0.00 0.00% |
Celexpress financial indicator trend analysis is way more than just evaluating Celexpress prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celexpress is a good investment. Please check the relationship between Celexpress Good Will and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celexpress. 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. For more information on how to buy Celexpress Stock please use our How to Invest in Celexpress guide.
Good Will vs Intangible Assets
Good Will vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celexpress Good Will account and Intangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Celexpress' Good Will and Intangible Assets is 0.37. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Celexpress, assuming nothing else is changed. The correlation between historical values of Celexpress' Good Will and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Celexpress are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Good Will i.e., Celexpress' Good Will and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.37 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Celexpress' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celexpress 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Celexpress. 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. For more information on how to buy Celexpress Stock please use our How to Invest in Celexpress guide.Selling General Administrative is likely to drop to about 8.8 M in 2025. Enterprise Value Over EBITDA is likely to rise to -4.23 in 2025
| 2010 | 2011 | 2024 | 2025 (projected) | Cost Of Revenue | 1.0M | 12.8M | 14.7M | 15.5M | Total Revenue | 950K | 14.2M | 16.3M | 17.1M |
Celexpress fundamental ratios Correlations
Click cells to compare fundamentals
Celexpress Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Celexpress Stock Analysis
When running Celexpress' price analysis, check to measure Celexpress' 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 Celexpress is operating at the current time. Most of Celexpress' value examination focuses on studying past and present price action to predict the probability of Celexpress' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celexpress' price. Additionally, you may evaluate how the addition of Celexpress to your portfolios can decrease your overall portfolio volatility.