Flora Ebitda vs Research Development Analysis

FLGC Stock  USD 1.70  0.05  3.03%   
Flora Growth financial indicator trend analysis is much more than just examining Flora Growth Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flora Growth Corp is a good investment. Please check the relationship between Flora Growth Ebitda and its Research Development accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flora Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Ebitda vs Research Development

Ebitda vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flora Growth Corp Ebitda account and Research Development. At this time, the significance of the direction appears to have very week relationship.
The correlation between Flora Growth's Ebitda and Research Development is 0.26. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Research Development in the same time period over historical financial statements of Flora Growth Corp, assuming nothing else is changed. The correlation between historical values of Flora Growth's Ebitda 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 Ebitda of Flora Growth Corp 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 Ebitda i.e., Flora Growth's Ebitda and Research Development go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Ebitda

Research Development

Most indicators from Flora Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flora Growth Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flora Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
As of October 18, 2024, Selling General Administrative is expected to decline to about 16.6 M. The current year's Tax Provision is expected to grow to about (2.6 M)
 2021 2022 2023 2024 (projected)
Interest Expense84K56K92K61.9K
Depreciation And Amortization765K2.1M2.3M1.2M

Flora Growth fundamental ratios Correlations

0.560.470.70.930.850.930.18-0.73-0.610.930.790.9-0.10.790.880.79-0.20.810.840.420.610.770.940.94-0.16
0.560.890.960.360.730.630.620.07-0.830.790.030.530.240.030.880.580.460.720.910.820.910.950.370.620.57
0.470.890.890.160.790.40.790.15-0.950.72-0.050.270.09-0.050.790.560.610.480.790.990.980.850.170.390.76
0.70.960.890.510.870.710.66-0.16-0.90.910.260.60.040.260.960.770.450.740.950.850.940.990.520.70.45
0.930.360.160.510.650.92-0.06-0.86-0.330.80.890.93-0.130.890.720.71-0.390.770.690.110.330.591.00.93-0.47
0.850.730.790.870.650.690.67-0.49-0.920.940.570.59-0.140.570.920.870.330.590.860.790.870.860.660.690.28
0.930.630.40.710.920.690.02-0.59-0.470.880.660.990.010.660.860.69-0.290.950.870.320.540.80.931.0-0.21
0.180.620.790.66-0.060.670.020.09-0.850.46-0.02-0.11-0.01-0.020.510.510.91-0.010.440.840.750.54-0.050.020.72
-0.730.070.15-0.16-0.86-0.49-0.590.090.13-0.53-0.99-0.620.39-0.99-0.4-0.640.38-0.34-0.30.12-0.02-0.21-0.85-0.610.67
-0.61-0.83-0.95-0.9-0.33-0.92-0.47-0.850.13-0.82-0.22-0.340.04-0.22-0.85-0.73-0.6-0.46-0.81-0.96-0.97-0.85-0.35-0.46-0.61
0.930.790.720.910.80.940.880.46-0.53-0.820.610.81-0.090.610.990.880.130.820.960.680.830.940.810.880.12
0.790.03-0.050.260.890.570.66-0.02-0.99-0.220.610.67-0.371.00.490.7-0.330.410.39-0.030.120.310.890.67-0.6
0.90.530.270.60.930.590.99-0.11-0.62-0.340.810.670.060.670.780.61-0.40.930.80.170.420.710.940.99-0.32
-0.10.240.090.04-0.13-0.140.01-0.010.390.04-0.09-0.370.06-0.37-0.02-0.49-0.030.060.07-0.050.020.04-0.120.040.4
0.790.03-0.050.260.890.570.66-0.02-0.99-0.220.611.00.67-0.370.490.7-0.330.410.39-0.030.120.310.890.67-0.6
0.880.880.790.960.720.920.860.51-0.4-0.850.990.490.78-0.020.490.840.210.840.990.740.880.980.730.850.23
0.790.580.560.770.710.870.690.51-0.64-0.730.880.70.61-0.490.70.840.260.590.760.590.680.760.720.68-0.06
-0.20.460.610.45-0.390.33-0.290.910.38-0.60.13-0.33-0.4-0.03-0.330.210.26-0.230.160.670.520.3-0.38-0.290.74
0.810.720.480.740.770.590.95-0.01-0.34-0.460.820.410.930.060.410.840.59-0.230.890.380.590.840.770.94-0.07
0.840.910.790.950.690.860.870.44-0.3-0.810.960.390.80.070.390.990.760.160.890.720.880.990.70.860.27
0.420.820.990.850.110.790.320.840.12-0.960.68-0.030.17-0.05-0.030.740.590.670.380.720.970.790.120.30.75
0.610.910.980.940.330.870.540.75-0.02-0.970.830.120.420.020.120.880.680.520.590.880.970.920.340.530.63
0.770.950.850.990.590.860.80.54-0.21-0.850.940.310.710.040.310.980.760.30.840.990.790.920.610.790.36
0.940.370.170.521.00.660.93-0.05-0.85-0.350.810.890.94-0.120.890.730.72-0.380.770.70.120.340.610.94-0.45
0.940.620.390.70.930.691.00.02-0.61-0.460.880.670.990.040.670.850.68-0.290.940.860.30.530.790.94-0.22
-0.160.570.760.45-0.470.28-0.210.720.67-0.610.12-0.6-0.320.4-0.60.23-0.060.74-0.070.270.750.630.36-0.45-0.22
Click cells to compare fundamentals

Flora Growth Account Relationship Matchups

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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.
When determining whether Flora Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flora Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flora Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flora Growth Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flora Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flora Growth. If investors know Flora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flora Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.93)
Revenue Per Share
7.41
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.17)
Return On Equity
(1.35)
The market value of Flora Growth Corp is measured differently than its book value, which is the value of Flora that is recorded on the company's balance sheet. Investors also form their own opinion of Flora Growth's value that differs from its market value or its book value, called intrinsic value, which is Flora Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flora Growth's market value can be influenced by many factors that don't directly affect Flora Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flora Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flora Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flora Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.