SATO Non Current Liabilities Total vs Retained Earnings 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 Non Current Liabilities Total and its Retained Earnings 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.

Non Current Liabilities Total vs Retained Earnings

Non Current Liabilities Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SATO Technologies Corp Non Current Liabilities Total account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between SATO Technologies' Non Current Liabilities Total and Retained Earnings is -0.94. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Retained Earnings 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' Non Current Liabilities Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of SATO Technologies Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Liabilities Total i.e., SATO Technologies' Non Current Liabilities Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Non Current Liabilities Total

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for SATO Stock Analysis

When running SATO Technologies' price analysis, check to measure SATO Technologies' 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 SATO Technologies is operating at the current time. Most of SATO Technologies' value examination focuses on studying past and present price action to predict the probability of SATO Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SATO Technologies' price. Additionally, you may evaluate how the addition of SATO Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC