SatixFy Net Receivables vs Total Current Assets Analysis

SATX Stock  USD 0.82  0.02  2.50%   
SatixFy Communications financial indicator trend analysis is much more than just breaking down SatixFy Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SatixFy Communications is a good investment. Please check the relationship between SatixFy Communications Net Receivables and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SatixFy Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy SatixFy Stock please use our How to Invest in SatixFy Communications guide.

Net Receivables vs Total Current Assets

Net Receivables vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SatixFy Communications Net Receivables account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SatixFy Communications' Net Receivables and Total Current Assets is 0.85. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of SatixFy Communications, assuming nothing else is changed. The correlation between historical values of SatixFy Communications' Net Receivables and Total 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 Receivables of SatixFy Communications are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Receivables i.e., SatixFy Communications' Net Receivables and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from SatixFy Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SatixFy Communications 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 SatixFy Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy SatixFy Stock please use our How to Invest in SatixFy Communications guide.At this time, SatixFy Communications' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 6.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense4.6M9.9M12.1M7.9M
Depreciation And Amortization1.4M1.2M1.3M1.0M

SatixFy Communications fundamental ratios Correlations

0.940.630.33-0.60.57-0.71-0.540.610.93-0.92-0.930.880.750.790.590.940.880.7-0.440.99-0.820.640.560.960.93
0.940.80.63-0.80.8-0.8-0.740.841.0-0.98-0.950.910.50.570.821.00.910.86-0.40.98-0.950.850.271.01.0
0.630.80.84-0.970.96-0.67-0.950.910.8-0.88-0.850.75-0.040.040.960.790.750.99-0.130.71-0.940.9-0.290.770.82
0.330.630.84-0.90.91-0.67-0.890.890.65-0.63-0.530.47-0.3-0.20.910.60.470.83-0.20.46-0.780.85-0.530.560.65
-0.6-0.8-0.97-0.9-0.940.80.99-0.88-0.810.850.79-0.650.04-0.06-0.94-0.77-0.65-0.980.32-0.690.94-0.860.3-0.74-0.82
0.570.80.960.91-0.94-0.62-0.90.980.79-0.83-0.790.77-0.11-0.021.00.80.770.95-0.050.68-0.910.97-0.350.760.81
-0.71-0.8-0.67-0.670.8-0.620.8-0.62-0.840.80.69-0.49-0.39-0.5-0.65-0.76-0.49-0.750.81-0.770.85-0.59-0.15-0.76-0.83
-0.54-0.74-0.95-0.890.99-0.90.8-0.83-0.760.810.75-0.570.08-0.02-0.91-0.71-0.57-0.960.35-0.640.92-0.80.34-0.68-0.77
0.610.840.910.89-0.880.98-0.62-0.830.83-0.82-0.780.81-0.030.050.980.830.810.9-0.050.71-0.891.0-0.260.80.84
0.931.00.80.65-0.810.79-0.84-0.760.83-0.97-0.930.880.510.580.810.990.880.86-0.460.98-0.950.840.270.991.0
-0.92-0.98-0.88-0.630.85-0.830.80.81-0.82-0.970.99-0.9-0.44-0.51-0.84-0.97-0.9-0.920.37-0.960.97-0.84-0.2-0.97-0.98
-0.93-0.95-0.85-0.530.79-0.790.690.75-0.78-0.930.99-0.93-0.46-0.52-0.8-0.95-0.93-0.890.26-0.950.93-0.81-0.24-0.95-0.94
0.880.910.750.47-0.650.77-0.49-0.570.810.88-0.9-0.930.440.470.770.931.00.78-0.010.9-0.820.850.250.930.89
0.750.5-0.04-0.30.04-0.11-0.390.08-0.030.51-0.44-0.460.440.99-0.080.520.440.06-0.530.66-0.270.020.960.560.49
0.790.570.04-0.2-0.06-0.02-0.5-0.020.050.58-0.51-0.520.470.990.00.580.470.15-0.610.72-0.360.090.930.620.57
0.590.820.960.91-0.941.0-0.65-0.910.980.81-0.84-0.80.77-0.080.00.810.770.95-0.080.69-0.920.97-0.330.780.82
0.941.00.790.6-0.770.8-0.76-0.710.830.99-0.97-0.950.930.520.580.810.930.85-0.350.98-0.930.860.291.00.99
0.880.910.750.47-0.650.77-0.49-0.570.810.88-0.9-0.931.00.440.470.770.930.78-0.010.9-0.820.850.250.930.89
0.70.860.990.83-0.980.95-0.75-0.960.90.86-0.92-0.890.780.060.150.950.850.78-0.240.78-0.970.9-0.190.820.87
-0.44-0.4-0.13-0.20.32-0.050.810.35-0.05-0.460.370.26-0.01-0.53-0.61-0.08-0.35-0.01-0.24-0.450.39-0.01-0.41-0.36-0.43
0.990.980.710.46-0.690.68-0.77-0.640.710.98-0.96-0.950.90.660.720.690.980.90.78-0.45-0.890.740.450.990.97
-0.82-0.95-0.94-0.780.94-0.910.850.92-0.89-0.950.970.93-0.82-0.27-0.36-0.92-0.93-0.82-0.970.39-0.89-0.89-0.01-0.92-0.96
0.640.850.90.85-0.860.97-0.59-0.81.00.84-0.84-0.810.850.020.090.970.860.850.9-0.010.74-0.89-0.210.830.85
0.560.27-0.29-0.530.3-0.35-0.150.34-0.260.27-0.2-0.240.250.960.93-0.330.290.25-0.19-0.410.45-0.01-0.210.340.25
0.961.00.770.56-0.740.76-0.76-0.680.80.99-0.97-0.950.930.560.620.781.00.930.82-0.360.99-0.920.830.340.99
0.931.00.820.65-0.820.81-0.83-0.770.841.0-0.98-0.940.890.490.570.820.990.890.87-0.430.97-0.960.850.250.99
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SatixFy Communications Account Relationship Matchups

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