Spectral Net Working Capital vs Capital Stock Analysis

MDAI Stock   1.19  0.05  4.39%   
Spectral financial indicator trend analysis is much more than just breaking down Spectral AI prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spectral AI is a good investment. Please check the relationship between Spectral Net Working Capital and its Capital Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Spectral AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Working Capital vs Capital Stock

Net Working Capital vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spectral AI Net Working Capital account and Capital Stock. At this time, the significance of the direction appears to have totally related.
The correlation between Spectral's Net Working Capital and Capital Stock is 0.99. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Spectral AI, assuming nothing else is changed. The correlation between historical values of Spectral's Net Working Capital and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Spectral AI are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Working Capital i.e., Spectral's Net Working Capital and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Working Capital

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Spectral's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spectral AI 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Spectral AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The Spectral's current Issuance Of Capital Stock is estimated to increase to about 4.8 M, while Tax Provision is projected to decrease to 6,967.
 2010 2022 2023 2024 (projected)
Gross Profit7.1M10.8M7.9M9.4M
Total Revenue15.2M25.4M18.1M21.5M

Spectral fundamental ratios Correlations

0.880.780.790.740.96-0.93-0.7-0.930.65-0.55-0.72-0.520.920.80.970.840.820.740.73-0.49-0.49-0.44-0.720.26-0.5
0.880.940.960.410.93-0.69-0.88-0.750.92-0.18-0.93-0.260.970.970.740.980.540.940.95-0.8-0.8-0.67-0.930.59-0.76
0.780.941.00.240.92-0.56-0.94-0.760.84-0.23-0.83-0.420.961.00.60.990.370.810.84-0.91-0.91-0.78-0.850.8-0.85
0.790.961.00.260.92-0.57-0.94-0.740.88-0.2-0.87-0.370.961.00.610.990.390.850.87-0.91-0.91-0.77-0.880.78-0.84
0.740.410.240.260.59-0.93-0.04-0.620.16-0.73-0.18-0.510.480.270.820.340.990.270.230.170.170.28-0.15-0.340.21
0.960.930.920.920.59-0.84-0.82-0.920.73-0.51-0.76-0.580.990.920.860.940.690.770.78-0.68-0.68-0.58-0.770.52-0.65
-0.93-0.69-0.56-0.57-0.93-0.840.410.85-0.420.730.460.61-0.76-0.58-0.95-0.64-0.97-0.52-0.50.180.180.10.450.010.16
-0.7-0.88-0.94-0.94-0.04-0.820.410.72-0.810.080.870.28-0.89-0.93-0.54-0.92-0.18-0.81-0.840.950.950.940.9-0.810.97
-0.93-0.75-0.76-0.74-0.62-0.920.850.72-0.450.710.560.74-0.88-0.74-0.91-0.77-0.69-0.54-0.550.50.50.530.58-0.360.54
0.650.920.840.880.160.73-0.42-0.81-0.450.2-0.970.10.810.880.480.890.310.980.99-0.82-0.82-0.65-0.960.6-0.75
-0.55-0.18-0.23-0.2-0.73-0.510.730.080.710.2-0.150.94-0.38-0.19-0.63-0.22-0.680.130.13-0.11-0.11-0.11-0.130.08-0.11
-0.72-0.93-0.83-0.87-0.18-0.760.460.870.56-0.97-0.15-0.07-0.84-0.88-0.58-0.89-0.33-0.99-0.990.820.820.741.0-0.560.81
-0.52-0.26-0.42-0.37-0.51-0.580.610.280.740.10.94-0.07-0.48-0.36-0.52-0.36-0.490.080.060.150.150.14-0.03-0.240.13
0.920.970.960.960.480.99-0.76-0.89-0.880.81-0.38-0.84-0.480.970.80.980.60.830.85-0.78-0.78-0.67-0.850.61-0.74
0.80.971.01.00.270.92-0.58-0.93-0.740.88-0.19-0.88-0.360.970.621.00.40.860.88-0.9-0.9-0.76-0.890.77-0.84
0.970.740.60.610.820.86-0.95-0.54-0.910.48-0.63-0.58-0.520.80.620.680.880.610.59-0.28-0.28-0.29-0.580.04-0.33
0.840.980.990.990.340.94-0.64-0.92-0.770.89-0.22-0.89-0.360.981.00.680.470.880.9-0.87-0.87-0.74-0.90.71-0.81
0.820.540.370.390.990.69-0.97-0.18-0.690.31-0.68-0.33-0.490.60.40.880.470.410.380.040.040.14-0.3-0.230.07
0.740.940.810.850.270.77-0.52-0.81-0.540.980.13-0.990.080.830.860.610.880.411.0-0.75-0.75-0.64-0.980.48-0.72
0.730.950.840.870.230.78-0.5-0.84-0.550.990.13-0.990.060.850.880.590.90.381.0-0.79-0.79-0.68-0.990.54-0.76
-0.49-0.8-0.91-0.910.17-0.680.180.950.5-0.82-0.110.820.15-0.78-0.9-0.28-0.870.04-0.75-0.791.00.920.85-0.930.96
-0.49-0.8-0.91-0.910.17-0.680.180.950.5-0.82-0.110.820.15-0.78-0.9-0.28-0.870.04-0.75-0.791.00.920.85-0.930.96
-0.44-0.67-0.78-0.770.28-0.580.10.940.53-0.65-0.110.740.14-0.67-0.76-0.29-0.740.14-0.64-0.680.920.920.79-0.840.99
-0.72-0.93-0.85-0.88-0.15-0.770.450.90.58-0.96-0.131.0-0.03-0.85-0.89-0.58-0.9-0.3-0.98-0.990.850.850.79-0.60.85
0.260.590.80.78-0.340.520.01-0.81-0.360.60.08-0.56-0.240.610.770.040.71-0.230.480.54-0.93-0.93-0.84-0.6-0.87
-0.5-0.76-0.85-0.840.21-0.650.160.970.54-0.75-0.110.810.13-0.74-0.84-0.33-0.810.07-0.72-0.760.960.960.990.85-0.87
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Spectral Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether Spectral AI is a strong investment it is important to analyze Spectral's 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 Spectral's future performance. For an informed investment choice regarding Spectral Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Spectral AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Health Care Equipment & Supplies 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 Spectral. If investors know Spectral 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 Spectral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.63)
Revenue Per Share
1.6
Quarterly Revenue Growth
1.376
Return On Assets
(0.44)
Return On Equity
(23.08)
The market value of Spectral AI is measured differently than its book value, which is the value of Spectral that is recorded on the company's balance sheet. Investors also form their own opinion of Spectral's value that differs from its market value or its book value, called intrinsic value, which is Spectral'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 Spectral's market value can be influenced by many factors that don't directly affect Spectral'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 Spectral's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectral is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectral'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.