Surgepays Debt To Assets from 2010 to 2024

SURG Stock  USD 1.92  0.19  9.00%   
Surgepays' Debt To Assets are decreasing over the last several years with slightly volatile swings. Debt To Assets are predicted to flatten to 0.12. During the period from 2010 to 2024 Surgepays Debt To Assets regressed destribution of quarterly values had coefficient of variationof  205.90 and r-value of (0.56). View All Fundamentals
 
Debt To Assets  
First Reported
2010-12-31
Previous Quarter
0.121364
Current Value
0.12
Quarterly Volatility
74.85478528
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Surgepays financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Surgepays' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 1.1 M or Selling General Administrative of 16.3 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0 or PTB Ratio of 3.42. Surgepays financial statements analysis is a perfect complement when working with Surgepays Valuation or Volatility modules.
  
Check out the analysis of Surgepays Correlation against competitors.
For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.

Latest Surgepays' Debt To Assets Growth Pattern

Below is the plot of the Debt To Assets of Surgepays over the last few years. It is Surgepays' Debt To Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Surgepays' overall financial position and show how it may be relating to other accounts over time.
Debt To Assets10 Years Trend
Slightly volatile
   Debt To Assets   
       Timeline  

Surgepays Debt To Assets Regression Statistics

Arithmetic Mean36.36
Geometric Mean1.45
Coefficient Of Variation205.90
Mean Deviation57.26
Median0.82
Standard Deviation74.85
Sample Variance5,603
Range207
R-Value(0.56)
Mean Square Error4,119
R-Squared0.32
Significance0.03
Slope(9.43)
Total Sum of Squares78,445

Surgepays Debt To Assets History

2023 0.12
2022 0.23
2021 0.37
2020 1.0
2019 0.85
2018 0.31
2017 0.26

About Surgepays Financial Statements

Surgepays stakeholders use historical fundamental indicators, such as Surgepays' Debt To Assets, to determine how well the company is positioned to perform in the future. Although Surgepays investors may analyze each financial statement separately, they are all interrelated. For example, changes in Surgepays' assets and liabilities are reflected in the revenues and expenses on Surgepays' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Surgepays. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Assets 0.12  0.12 

Currently Active Assets on Macroaxis

When determining whether Surgepays is a strong investment it is important to analyze Surgepays' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Surgepays' future performance. For an informed investment choice regarding Surgepays Stock, refer to the following important reports:
Check out the analysis of Surgepays Correlation against competitors.
For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Wireless Telecommunication Services 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 Surgepays. If investors know Surgepays 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 Surgepays listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
(1.18)
Revenue Per Share
6.864
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.02)
The market value of Surgepays is measured differently than its book value, which is the value of Surgepays that is recorded on the company's balance sheet. Investors also form their own opinion of Surgepays' value that differs from its market value or its book value, called intrinsic value, which is Surgepays' 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 Surgepays' market value can be influenced by many factors that don't directly affect Surgepays' 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 Surgepays' value and its price as these two are different measures arrived at by different means. Investors typically determine if Surgepays is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surgepays' 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.