SATO Net Working Capital vs Property Plant Equipment 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 Net Working Capital and its Property Plant Equipment 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.

Net Working Capital vs Property Plant Equipment

Net Working Capital vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SATO Technologies Corp Net Working Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between SATO Technologies' Net Working Capital and Property Plant Equipment is -0.45. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Property Plant Equipment 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' Net Working Capital and Property Plant Equipment 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 SATO Technologies Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Working Capital i.e., SATO Technologies' Net Working Capital and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Working Capital

Property Plant Equipment

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 Revenue	3.6M	8.3M	12.4M	8.9M
Gross Profit	2.6M	2.3M	5.2M	3.7M

Cost Of Revenue Gross Profit

SATO Technologies fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Other Current Liab	Net Tangible Assets	Other Assets	Net Receivables	Other Current Assets	Short Long Term Debt	Capital Stock	Common Stock	Property Plant Equipment	Other Liab	Other Stockholder Equity	Property Plant And Equipment Net	Capital Lease Obligations
Total Assets		0.98	0.94	-0.95	0.41	0.71	0.91	0.97	0.96	0.98	0.99	0.97	-0.5	0.18	0.99	0.99	0.97	0.74	0.91	0.91	0.98	0.98	-0.91	0.95	0.91	0.89
Total Current Liabilities	0.98		0.9	-0.98	0.39	0.61	0.9	0.95	0.95	0.98	0.97	0.94	-0.59	0.34	0.96	0.97	0.94	0.69	0.9	0.9	0.97	0.96	-0.94	0.92	0.93	0.92
Total Stockholder Equity	0.94	0.9		-0.84	0.65	0.87	0.74	0.97	0.81	0.87	0.93	0.97	-0.27	0.16	0.98	0.98	0.96	0.91	0.74	0.91	0.98	0.97	-0.93	0.89	0.74	0.72
Retained Earnings	-0.95	-0.98	-0.84		-0.36	-0.53	-0.88	-0.93	-0.94	-0.96	-0.92	-0.87	0.73	-0.27	-0.93	-0.93	-0.92	-0.59	-0.88	-0.91	-0.93	-0.93	0.9	-0.89	-0.95	-0.97
Accounts Payable	0.41	0.39	0.65	-0.36		0.75	0.01	0.6	0.14	0.27	0.34	0.47	0.0	0.01	0.56	0.54	0.54	0.75	0.0	0.63	0.55	0.55	-0.6	0.32	0.12	0.21
Cash	0.71	0.61	0.87	-0.53	0.75		0.43	0.78	0.51	0.59	0.69	0.77	0.07	-0.11	0.78	0.76	0.75	0.93	0.43	0.78	0.76	0.75	-0.71	0.73	0.46	0.42
Long Term Debt	0.91	0.9	0.74	-0.88	0.01	0.43		0.8	0.99	0.96	0.94	0.85	-0.57	0.2	0.83	0.84	0.83	0.47	1.0	0.71	0.83	0.83	-0.73	0.9	0.95	0.9
Common Stock Shares Outstanding	0.97	0.95	0.97	-0.93	0.6	0.78	0.8		0.88	0.93	0.95	0.95	-0.48	0.17	1.0	0.99	0.98	0.81	0.8	0.95	0.99	0.99	-0.95	0.9	0.84	0.85
Non Current Liabilities Total	0.96	0.95	0.81	-0.94	0.14	0.51	0.99	0.88		0.99	0.97	0.9	-0.61	0.19	0.9	0.9	0.89	0.54	0.99	0.8	0.9	0.89	-0.81	0.93	0.97	0.94
Total Liab	0.98	0.98	0.87	-0.96	0.27	0.59	0.96	0.93	0.99		0.98	0.93	-0.61	0.19	0.95	0.95	0.93	0.62	0.96	0.87	0.94	0.94	-0.86	0.94	0.96	0.94
Net Invested Capital	0.99	0.97	0.93	-0.92	0.34	0.69	0.94	0.95	0.97	0.98		0.97	-0.46	0.19	0.97	0.97	0.96	0.73	0.94	0.86	0.96	0.96	-0.88	0.96	0.91	0.87
Total Current Assets	0.97	0.94	0.97	-0.87	0.47	0.77	0.85	0.95	0.9	0.93	0.97		-0.31	0.27	0.97	0.98	0.96	0.85	0.85	0.87	0.98	0.97	-0.93	0.94	0.82	0.78
Net Working Capital	-0.5	-0.59	-0.27	0.73	0.0	0.07	-0.57	-0.48	-0.61	-0.61	-0.46	-0.31		-0.11	-0.45	-0.45	-0.45	0.07	-0.57	-0.54	-0.45	-0.45	0.43	-0.42	-0.73	-0.83
Other Current Liab	0.18	0.34	0.16	-0.27	0.01	-0.11	0.2	0.17	0.19	0.19	0.19	0.27	-0.11		0.15	0.22	0.15	0.22	0.19	0.11	0.23	0.23	-0.45	0.15	0.16	0.15
Net Tangible Assets	0.99	0.96	0.98	-0.93	0.56	0.78	0.83	1.0	0.9	0.95	0.97	0.97	-0.45	0.15		1.0	0.99	0.81	0.83	0.94	1.0	0.99	-0.94	0.92	0.85	0.85
Other Assets	0.99	0.97	0.98	-0.93	0.54	0.76	0.84	0.99	0.9	0.95	0.97	0.98	-0.45	0.22	1.0		0.99	0.82	0.84	0.93	1.0	1.0	-0.95	0.92	0.85	0.85
Net Receivables	0.97	0.94	0.96	-0.92	0.54	0.75	0.83	0.98	0.89	0.93	0.96	0.96	-0.45	0.15	0.99	0.99		0.8	0.82	0.92	0.99	1.0	-0.92	0.91	0.84	0.84
Other Current Assets	0.74	0.69	0.91	-0.59	0.75	0.93	0.47	0.81	0.54	0.62	0.73	0.85	0.07	0.22	0.81	0.82	0.8		0.47	0.78	0.82	0.82	-0.84	0.75	0.47	0.43
Short Long Term Debt	0.91	0.9	0.74	-0.88	0.0	0.43	1.0	0.8	0.99	0.96	0.94	0.85	-0.57	0.19	0.83	0.84	0.82	0.47		0.71	0.83	0.83	-0.73	0.9	0.95	0.89
Capital Stock	0.91	0.9	0.91	-0.91	0.63	0.78	0.71	0.95	0.8	0.87	0.86	0.87	-0.54	0.11	0.94	0.93	0.92	0.78	0.71		0.93	0.93	-0.91	0.89	0.83	0.85
Common Stock	0.98	0.97	0.98	-0.93	0.55	0.76	0.83	0.99	0.9	0.94	0.96	0.98	-0.45	0.23	1.0	1.0	0.99	0.82	0.83	0.93		1.0	-0.96	0.92	0.85	0.85
Property Plant Equipment	0.98	0.96	0.97	-0.93	0.55	0.75	0.83	0.99	0.89	0.94	0.96	0.97	-0.45	0.23	0.99	1.0	1.0	0.82	0.83	0.93	1.0		-0.95	0.92	0.85	0.84
Other Liab	-0.91	-0.94	-0.93	0.9	-0.6	-0.71	-0.73	-0.95	-0.81	-0.86	-0.88	-0.93	0.43	-0.45	-0.94	-0.95	-0.92	-0.84	-0.73	-0.91	-0.96	-0.95		-0.85	-0.77	-0.78
Other Stockholder Equity	0.95	0.92	0.89	-0.89	0.32	0.73	0.9	0.9	0.93	0.94	0.96	0.94	-0.42	0.15	0.92	0.92	0.91	0.75	0.9	0.89	0.92	0.92	-0.85		0.92	0.85
Property Plant And Equipment Net	0.91	0.93	0.74	-0.95	0.12	0.46	0.95	0.84	0.97	0.96	0.91	0.82	-0.73	0.16	0.85	0.85	0.84	0.47	0.95	0.83	0.85	0.85	-0.77	0.92		0.98
Capital Lease Obligations	0.89	0.92	0.72	-0.97	0.21	0.42	0.9	0.85	0.94	0.94	0.87	0.78	-0.83	0.15	0.85	0.85	0.84	0.43	0.89	0.85	0.85	0.84	-0.78	0.85	0.98

Click cells to compare fundamentals

SATO Technologies Account Relationship Matchups

SATO Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	126.1K	94.7K	12.5M	15.5M	21.7M	22.8M
Total Current Liabilities	210.9K	1.9M	3.5M	6.1M	7.1M	7.5M
Total Stockholder Equity	74.7K	46.0K	7.8M	4.8M	6.6M	7.0M
Retained Earnings	(1.7M)	(2.5M)	(4.3M)	(12.3M)	(11.5M)	(10.9M)
Accounts Payable	76.1K	59.4K	1.6M	968.4K	107.0K	101.6K
Cash	125.1K	93.7K	794.3K	359.4K	583.2K	379.3K
Total Liab	51.4K	48.7K	4.7M	10.7M	15.1M	15.8M
Net Invested Capital	74.7K	46.0K	7.9M	8.6M	15.7M	16.5M
Total Current Assets	624.0K	1.1M	5.1M	3.2M	6.2M	6.6M
Net Working Capital	74.7K	46.0K	1.6M	(2.9M)	(892.2K)	(847.6K)
Other Current Assets	270.1K	713.5K	3.6M	990.6K	2.2M	1.5M

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