SAIHEAT Net Invested Capital vs Other Current Assets Analysis
| SAIHW Stock | 0.15 0.00 0.00% |
SAIHEAT financial indicator trend analysis is much more than just breaking down SAIHEAT Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAIHEAT Limited is a good investment. Please check the relationship between SAIHEAT Net Invested Capital and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SAIHEAT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Net Invested Capital vs Other Current Assets
Net Invested Capital vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SAIHEAT Limited Net Invested Capital account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SAIHEAT's Net Invested Capital and Other Current Assets is 0.89. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of SAIHEAT Limited, assuming nothing else is changed. The correlation between historical values of SAIHEAT's Net Invested Capital and Other Current Assets 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 SAIHEAT Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Invested Capital i.e., SAIHEAT's Net Invested Capital and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.89 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from SAIHEAT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAIHEAT Limited 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SAIHEAT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. Selling General Administrative is likely to climb to about 8.6 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3M | 1.1M | 457K | 752.6K | Total Revenue | 17.0M | 10.6M | 6.8M | 10.0M |
SAIHEAT fundamental ratios Correlations
Click cells to compare fundamentals
SAIHEAT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running SAIHEAT's price analysis, check to measure SAIHEAT'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 SAIHEAT is operating at the current time. Most of SAIHEAT's value examination focuses on studying past and present price action to predict the probability of SAIHEAT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SAIHEAT's price. Additionally, you may evaluate how the addition of SAIHEAT to your portfolios can decrease your overall portfolio volatility.