Spectral Net Invested Capital vs Non Current Assets Total Analysis
| MDAIW Stock | 0.35 0.01 2.94% |
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 Invested Capital and its Non Current Assets Total 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 gross domestic product.
Net Invested Capital vs Non Current Assets Total
Net Invested Capital vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spectral AI Net Invested Capital account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Spectral's Net Invested Capital and Non Current Assets Total is -0.72. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Current Assets Total 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 Invested Capital and Non Current Assets Total 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 Invested Capital of Spectral AI are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Invested Capital i.e., Spectral's Net Invested Capital and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.72 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 gross domestic product. Issuance Of Capital Stock is likely to climb to about 4.8 M in 2024, whereas Tax Provision is likely to drop 6,967 in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.1M | 10.8M | 7.9M | 9.4M | Total Revenue | 15.2M | 25.4M | 18.1M | 21.5M |
Spectral fundamental ratios Correlations
Click cells to compare fundamentals
Spectral Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Spectral's price analysis, check to measure Spectral'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 Spectral is operating at the current time. Most of Spectral's value examination focuses on studying past and present price action to predict the probability of Spectral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectral's price. Additionally, you may evaluate how the addition of Spectral to your portfolios can decrease your overall portfolio volatility.