SATO Common Stock Shares Outstanding vs Non Current Liabilities Total Analysis

SATO Stock   0.23  0.01  4.55%   
SATO Technologies financial indicator trend analysis is much more than just breaking down SATO Technologies Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SATO Technologies Corp is a good investment. Please check the relationship between SATO Technologies Common Stock Shares Outstanding and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SATO Technologies 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 persons.

Common Stock Shares Outstanding vs Non Current Liabilities Total

Common Stock Shares Outstanding vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SATO Technologies Corp Common Stock Shares Outstanding account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SATO Technologies' Common Stock Shares Outstanding and Non Current Liabilities Total is 0.88. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of SATO Technologies Corp, assuming nothing else is changed. The correlation between historical values of SATO Technologies' Common Stock Shares Outstanding and Non Current Liabilities 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 Common Stock Shares Outstanding of SATO Technologies Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Common Stock Shares Outstanding i.e., SATO Technologies' Common Stock Shares Outstanding and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Liabilities Total

Most indicators from SATO Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SATO Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SATO Technologies 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 persons.
Selling General Administrative is likely to climb to about 4.3 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2010 2022 2023 2024 (projected)
Cost Of Revenue3.6M8.3M12.4M8.9M
Gross Profit2.6M2.3M5.2M3.7M

SATO Technologies fundamental ratios Correlations

0.980.94-0.950.410.710.910.970.960.980.990.97-0.50.180.990.990.970.740.910.910.980.98-0.910.950.910.89
0.980.9-0.980.390.610.90.950.950.980.970.94-0.590.340.960.970.940.690.90.90.970.96-0.940.920.930.92
0.940.9-0.840.650.870.740.970.810.870.930.97-0.270.160.980.980.960.910.740.910.980.97-0.930.890.740.72
-0.95-0.98-0.84-0.36-0.53-0.88-0.93-0.94-0.96-0.92-0.870.73-0.27-0.93-0.93-0.92-0.59-0.88-0.91-0.93-0.930.9-0.89-0.95-0.97
0.410.390.65-0.360.750.010.60.140.270.340.470.00.010.560.540.540.750.00.630.550.55-0.60.320.120.21
0.710.610.87-0.530.750.430.780.510.590.690.770.07-0.110.780.760.750.930.430.780.760.75-0.710.730.460.42
0.910.90.74-0.880.010.430.80.990.960.940.85-0.570.20.830.840.830.471.00.710.830.83-0.730.90.950.9
0.970.950.97-0.930.60.780.80.880.930.950.95-0.480.171.00.990.980.810.80.950.990.99-0.950.90.840.85
0.960.950.81-0.940.140.510.990.880.990.970.9-0.610.190.90.90.890.540.990.80.90.89-0.810.930.970.94
0.980.980.87-0.960.270.590.960.930.990.980.93-0.610.190.950.950.930.620.960.870.940.94-0.860.940.960.94
0.990.970.93-0.920.340.690.940.950.970.980.97-0.460.190.970.970.960.730.940.860.960.96-0.880.960.910.87
0.970.940.97-0.870.470.770.850.950.90.930.97-0.310.270.970.980.960.850.850.870.980.97-0.930.940.820.78
-0.5-0.59-0.270.730.00.07-0.57-0.48-0.61-0.61-0.46-0.31-0.11-0.45-0.45-0.450.07-0.57-0.54-0.45-0.450.43-0.42-0.73-0.83
0.180.340.16-0.270.01-0.110.20.170.190.190.190.27-0.110.150.220.150.220.190.110.230.23-0.450.150.160.15
0.990.960.98-0.930.560.780.831.00.90.950.970.97-0.450.151.00.990.810.830.941.00.99-0.940.920.850.85
0.990.970.98-0.930.540.760.840.990.90.950.970.98-0.450.221.00.990.820.840.931.01.0-0.950.920.850.85
0.970.940.96-0.920.540.750.830.980.890.930.960.96-0.450.150.990.990.80.820.920.991.0-0.920.910.840.84
0.740.690.91-0.590.750.930.470.810.540.620.730.850.070.220.810.820.80.470.780.820.82-0.840.750.470.43
0.910.90.74-0.880.00.431.00.80.990.960.940.85-0.570.190.830.840.820.470.710.830.83-0.730.90.950.89
0.910.90.91-0.910.630.780.710.950.80.870.860.87-0.540.110.940.930.920.780.710.930.93-0.910.890.830.85
0.980.970.98-0.930.550.760.830.990.90.940.960.98-0.450.231.01.00.990.820.830.931.0-0.960.920.850.85
0.980.960.97-0.930.550.750.830.990.890.940.960.97-0.450.230.991.01.00.820.830.931.0-0.950.920.850.84
-0.91-0.94-0.930.9-0.6-0.71-0.73-0.95-0.81-0.86-0.88-0.930.43-0.45-0.94-0.95-0.92-0.84-0.73-0.91-0.96-0.95-0.85-0.77-0.78
0.950.920.89-0.890.320.730.90.90.930.940.960.94-0.420.150.920.920.910.750.90.890.920.92-0.850.920.85
0.910.930.74-0.950.120.460.950.840.970.960.910.82-0.730.160.850.850.840.470.950.830.850.85-0.770.920.98
0.890.920.72-0.970.210.420.90.850.940.940.870.78-0.830.150.850.850.840.430.890.850.850.84-0.780.850.98
Click cells to compare fundamentals

SATO Technologies Account Relationship Matchups

SATO Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets126.1K94.7K12.5M15.5M21.7M22.8M
Total Current Liabilities210.9K1.9M3.5M6.1M7.1M7.5M
Total Stockholder Equity74.7K46.0K7.8M4.8M6.6M7.0M
Retained Earnings(1.7M)(2.5M)(4.3M)(12.3M)(11.5M)(10.9M)
Accounts Payable76.1K59.4K1.6M968.4K107.0K101.6K
Cash125.1K93.7K794.3K359.4K583.2K379.3K
Total Liab51.4K48.7K4.7M10.7M15.1M15.8M
Net Invested Capital74.7K46.0K7.9M8.6M15.7M16.5M
Total Current Assets624.0K1.1M5.1M3.2M6.2M6.6M
Net Working Capital74.7K46.0K1.6M(2.9M)(892.2K)(847.6K)
Other Current Assets270.1K713.5K3.6M990.6K2.2M1.5M

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Additional Tools for SATO Stock Analysis

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