Scandium Stock Based Compensation vs Net Income Analysis

SCY Stock

CAD 0.01 0.01 25.00%

Scandium Interna financial indicator trend analysis is much more than just breaking down Scandium Interna prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scandium Interna is a good investment. Please check the relationship between Scandium Interna Stock Based Compensation and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scandium Interna. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scandium Interna Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between Scandium Interna's Stock Based Compensation and Net Income is 0.24. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income in the same time period over historical financial statements of Scandium Interna, assuming nothing else is changed. The correlation between historical values of Scandium Interna's Stock Based Compensation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Scandium Interna are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., Scandium Interna's Stock Based Compensation and Net Income go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Scandium Interna financial statement analysis. It represents the amount of money remaining after all of Scandium Interna operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Scandium Interna's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scandium Interna 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 Scandium Interna. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 29th of November 2024, Selling General Administrative is likely to drop to about 170.4 K. Issuance Of Capital Stock is expected to grow at the current pace this year

Scandium Interna fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets
Total Assets		0.44	0.3	0.78	1.0	0.7	-0.42	-0.56	0.94	0.72	0.77	0.94	0.79	-0.34	0.77	0.84	-0.8	0.79	0.69	0.79	0.85	0.49	0.94	0.7	0.78	0.18
Short Long Term Debt Total	0.44		0.16	0.55	0.42	0.87	-0.89	0.4	0.32	-0.19	-0.14	0.68	-0.13	-0.16	-0.14	0.15	-0.28	-0.13	0.17	-0.13	-0.05	0.47	0.53	0.87	-0.14	-0.01
Other Current Liab	0.3	0.16		0.37	0.27	0.17	-0.1	-0.25	0.08	0.35	0.27	0.26	0.25	0.41	0.27	-0.01	0.12	0.27	0.41	0.27	0.23	-0.09	0.38	0.17	0.27	0.02
Total Current Liabilities	0.78	0.55	0.37		0.74	0.59	-0.37	-0.32	0.75	0.55	0.56	0.76	0.58	-0.27	0.56	0.71	-0.64	0.58	0.27	0.58	0.63	0.6	0.92	0.59	0.56	0.23
Total Stockholder Equity	1.0	0.42	0.27	0.74		0.68	-0.41	-0.58	0.94	0.73	0.79	0.93	0.8	-0.35	0.79	0.84	-0.8	0.8	0.69	0.8	0.86	0.45	0.92	0.68	0.79	0.16
Property Plant And Equipment Net	0.7	0.87	0.17	0.59	0.68		-0.94	0.2	0.61	0.03	0.09	0.9	0.11	-0.34	0.09	0.45	-0.52	0.11	0.55	0.11	0.22	0.68	0.73	1.0	0.1	0.18
Current Deferred Revenue	-0.42	-0.89	-0.1	-0.37	-0.41	-0.94		-0.5	-0.33	0.29	0.24	-0.71	0.22	0.26	0.24	-0.16	0.27	0.22	-0.39	0.22	0.11	-0.59	-0.48	-0.94	0.23	-0.14
Net Debt	-0.56	0.4	-0.25	-0.32	-0.58	0.2	-0.5		-0.56	-0.94	-0.95	-0.24	-0.94	0.04	-0.95	-0.59	0.45	-0.94	-0.35	-0.94	-0.89	0.19	-0.41	0.2	-0.95	-0.01
Retained Earnings	0.94	0.32	0.08	0.75	0.94	0.61	-0.33	-0.56		0.7	0.77	0.86	0.78	-0.54	0.77	0.95	-0.91	0.78	0.6	0.78	0.86	0.6	0.9	0.61	0.78	0.32
Accounts Payable	0.72	-0.19	0.35	0.55	0.73	0.03	0.29	-0.94	0.7		0.97	0.45	0.97	-0.13	0.97	0.7	-0.56	0.98	0.48	0.98	0.96	0.01	0.63	0.03	0.97	0.14
Cash	0.77	-0.14	0.27	0.56	0.79	0.09	0.24	-0.95	0.77	0.97		0.51	0.99	-0.16	1.0	0.78	-0.66	0.99	0.47	0.99	0.98	0.08	0.66	0.09	1.0	0.05
Non Current Assets Total	0.94	0.68	0.26	0.76	0.93	0.9	-0.71	-0.24	0.86	0.45	0.51		0.53	-0.37	0.51	0.72	-0.73	0.53	0.68	0.53	0.62	0.63	0.92	0.9	0.52	0.19
Non Currrent Assets Other	0.79	-0.13	0.25	0.58	0.8	0.11	0.22	-0.94	0.78	0.97	0.99	0.53		-0.21	0.99	0.77	-0.67	1.0	0.48	1.0	0.99	0.1	0.68	0.11	0.99	0.11
Other Assets	-0.34	-0.16	0.41	-0.27	-0.35	-0.34	0.26	0.04	-0.54	-0.13	-0.16	-0.37	-0.21		-0.16	-0.52	0.59	-0.19	-0.1	-0.19	-0.28	-0.47	-0.33	-0.34	-0.18	-0.58
Cash And Short Term Investments	0.77	-0.14	0.27	0.56	0.79	0.09	0.24	-0.95	0.77	0.97	1.0	0.51	0.99	-0.16		0.78	-0.66	0.99	0.47	0.99	0.98	0.08	0.66	0.09	1.0	0.05
Net Receivables	0.84	0.15	-0.01	0.71	0.84	0.45	-0.16	-0.59	0.95	0.7	0.78	0.72	0.77	-0.52	0.78		-0.91	0.78	0.49	0.78	0.85	0.61	0.82	0.45	0.79	0.27
Common Stock Shares Outstanding	-0.8	-0.28	0.12	-0.64	-0.8	-0.52	0.27	0.45	-0.91	-0.56	-0.66	-0.73	-0.67	0.59	-0.66	-0.91		-0.66	-0.46	-0.66	-0.74	-0.64	-0.76	-0.52	-0.66	-0.15
Short Term Investments	0.79	-0.13	0.27	0.58	0.8	0.11	0.22	-0.94	0.78	0.98	0.99	0.53	1.0	-0.19	0.99	0.78	-0.66		0.48	1.0	0.99	0.1	0.69	0.11	1.0	0.1
Non Current Liabilities Total	0.69	0.17	0.41	0.27	0.69	0.55	-0.39	-0.35	0.6	0.48	0.47	0.68	0.48	-0.1	0.47	0.49	-0.46	0.48		0.48	0.54	0.32	0.6	0.55	0.48	0.18
Inventory	0.79	-0.13	0.27	0.58	0.8	0.11	0.22	-0.94	0.78	0.98	0.99	0.53	1.0	-0.19	0.99	0.78	-0.66	1.0	0.48		0.99	0.1	0.69	0.11	1.0	0.1
Other Current Assets	0.85	-0.05	0.23	0.63	0.86	0.22	0.11	-0.89	0.86	0.96	0.98	0.62	0.99	-0.28	0.98	0.85	-0.74	0.99	0.54	0.99		0.22	0.75	0.22	0.98	0.17
Other Stockholder Equity	0.49	0.47	-0.09	0.6	0.45	0.68	-0.59	0.19	0.6	0.01	0.08	0.63	0.1	-0.47	0.08	0.61	-0.64	0.1	0.32	0.1	0.22		0.65	0.68	0.09	0.24
Total Liab	0.94	0.53	0.38	0.92	0.92	0.73	-0.48	-0.41	0.9	0.63	0.66	0.92	0.68	-0.33	0.66	0.82	-0.76	0.69	0.6	0.69	0.75	0.65		0.73	0.67	0.25
Property Plant And Equipment Gross	0.7	0.87	0.17	0.59	0.68	1.0	-0.94	0.2	0.61	0.03	0.09	0.9	0.11	-0.34	0.09	0.45	-0.52	0.11	0.55	0.11	0.22	0.68	0.73		0.1	0.18
Total Current Assets	0.78	-0.14	0.27	0.56	0.79	0.1	0.23	-0.95	0.78	0.97	1.0	0.52	0.99	-0.18	1.0	0.79	-0.66	1.0	0.48	1.0	0.98	0.09	0.67	0.1		0.08
Intangible Assets	0.18	-0.01	0.02	0.23	0.16	0.18	-0.14	-0.01	0.32	0.14	0.05	0.19	0.11	-0.58	0.05	0.27	-0.15	0.1	0.18	0.1	0.17	0.24	0.25	0.18	0.08

Click cells to compare fundamentals

Scandium Interna Account Relationship Matchups

Scandium Interna fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	883.8K	932.9K	847.4K	2.6M	1.8M	1.7M
Total Current Liabilities	538.2K	1.2M	1.7M	1.5M	349.3K	331.8K
Total Stockholder Equity	345.6K	(221.5K)	(880.3K)	1.1M	1.4M	1.4M
Property Plant And Equipment Net	711.0K	708.7K	707.0K	704.1K	633.6K	602.0K
Net Debt	(115.6K)	(170.3K)	(93.9K)	(1.9M)	(1.0M)	(970.9K)
Retained Earnings	(112.8M)	(114.2M)	(115.8M)	(115.0M)	(114.9M)	(120.7M)
Accounts Payable	269.1K	451.9K	568.0K	127.3K	60.8K	57.7K
Cash	115.6K	170.3K	93.9K	1.9M	1.0M	1.9M
Non Current Assets Total	722.5K	720.2K	718.4K	714.8K	715.1K	679.3K
Cash And Short Term Investments	115.6K	170.3K	93.9K	1.9M	1.0M	2.0M
Net Receivables	45.8K	42.4K	35.0K	33.5K	40.2K	38.2K
Common Stock Shares Outstanding	310.6M	312.6M	316.2M	340.4M	355.9M	227.6M
Liabilities And Stockholders Equity	883.8K	932.9K	847.4K	2.6M	1.8M	1.7M
Inventory	(45.76)	(42.43)	(35.04)	(33.54)	(40.21)	(38.2)
Other Current Assets	45.8K	42.4K	35.0K	33.54	40.21	38.2
Other Stockholder Equity	4.7M	5.2M	5.6M	5.8M	6.0M	5.7M
Total Liab	538.2K	1.2M	1.7M	1.5M	349.3K	331.8K
Property Plant And Equipment Gross	711.0K	708.7K	707.0K	704.1K	633.6K	602.0K
Total Current Assets	161.3K	212.7K	128.9K	1.9M	1.1M	1.0M
Common Stock	109.4M	109.6M	110.1M	111.1M	127.8M	87.0M
Net Tangible Assets	345.6K	(221.5K)	(880.3K)	1.1M	984.0K	859.9K
Property Plant Equipment	711.0K	708.7K	707.0K	704.1K	633.6K	793.0K
Common Stock Total Equity	106.5M	108.2M	109.4M	109.6M	126.1M	112.9M
Capital Surpluse	5.9M	6.5M	6.9M	7.0M	8.1M	6.9M
Net Invested Capital	345.6K	(221.5K)	(880.3K)	1.1M	1.4M	1.5M
Net Working Capital	(376.9K)	(941.7K)	(1.6M)	378.5K	712.9K	748.6K
Capital Stock	109.4M	109.6M	110.1M	111.1M	127.8M	120.9M

Pair Trading with Scandium Interna

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Scandium Interna position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Scandium Interna will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Scandium Interna could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Scandium Interna when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Scandium Interna - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Scandium Interna to buy it.

The correlation of Scandium Interna is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Scandium Interna moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Scandium Interna moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Scandium Interna can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Scandium Stock

Balance Sheet is a snapshot of the financial position of Scandium Interna at a specified time, usually calculated after every quarter, six months, or one year. Scandium Interna Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Scandium Interna and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Scandium currently owns. An asset can also be divided into two categories, current and non-current.

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

Scandium Stock Based Compensation vs Net Income Analysis

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Net Income

Scandium Interna fundamental ratios Correlations

Scandium Interna Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Scandium Interna fundamental ratios Accounts

Pair Trading with Scandium Interna

Other Information on Investing in Scandium Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Short Term Investments	+ 1.0	Non Currrent Assets Other
Inventory	+ 1.0	Non Currrent Assets Other

Total Current Assets	- 0.95	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Inventory	- 0.94	Net Debt
Short Term Investments	- 0.94	Net Debt
Non Currrent Assets Other	- 0.94	Net Debt