SatixFy Total Assets vs Net Invested Capital 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 Total Assets and its Net Invested Capital 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.

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SatixFy Communications Total Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SatixFy Communications' Total Assets and Net Invested Capital is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested Capital 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' Total Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of SatixFy Communications are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., SatixFy Communications' Total Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of SatixFy Communications assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SatixFy Communications books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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
Click cells to compare fundamentals

SatixFy Communications Account Relationship Matchups

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