CVRx Long Term Debt vs Property Plant Equipment Analysis

CVRX Stock  USD 14.13  0.07  0.49%   
CVRx financial indicator trend analysis is way more than just evaluating CVRx Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVRx Inc is a good investment. Please check the relationship between CVRx Long Term Debt and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVRx 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 metropolitan statistical area.

Long Term Debt vs Property Plant Equipment

Long Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVRx Inc Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CVRx's Long Term Debt and Property Plant Equipment is -0.21. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of CVRx Inc, assuming nothing else is changed. The correlation between historical values of CVRx's Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of CVRx Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., CVRx's Long Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that CVRx Inc has held for over one year. Long-term debt appears on CVRx Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on CVRx Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant Equipment

Most indicators from CVRx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CVRx 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CVRx 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 metropolitan statistical area.
Tax Provision is likely to drop to about 108.7 K in 2024. Selling General Administrative is likely to drop to about 34.2 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit9.4M17.5M33.0M34.7M
Total Revenue13.0M22.5M39.3M41.3M

CVRx fundamental ratios Correlations

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CVRx Account Relationship Matchups

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When running CVRx's price analysis, check to measure CVRx's 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 CVRx is operating at the current time. Most of CVRx's value examination focuses on studying past and present price action to predict the probability of CVRx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVRx's price. Additionally, you may evaluate how the addition of CVRx to your portfolios can decrease your overall portfolio volatility.