SatixFy Other Assets vs Capital Lease Obligations Analysis
SATX Stock | USD 0.93 0.10 12.05% |
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 Other Assets and its Capital Lease Obligations 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.
Other Assets vs Capital Lease Obligations
Other Assets vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SatixFy Communications Other Assets account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between SatixFy Communications' Other Assets and Capital Lease Obligations is -0.92. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Capital Lease Obligations 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' Other Assets and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of SatixFy Communications are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Other Assets i.e., SatixFy Communications' Other Assets and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Assets
Capital Lease Obligations
SatixFy Communications capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to SatixFy Communications asset purchases. For example, SatixFy Communications can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as SatixFy Communications control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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 Expense | 4.6M | 9.9M | 12.1M | 7.9M | Depreciation And Amortization | 1.4M | 1.2M | 1.3M | 1.0M |
SatixFy Communications fundamental ratios Correlations
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SatixFy Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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