SEV Stock | | | 0.19 0.07 58.33% |
Spectra7 Microsystems financial indicator trend analysis is much more than just breaking down Spectra7 Microsystems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spectra7 Microsystems is a good investment. Please check the relationship between Spectra7 Microsystems Total Liab and its Other Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Spectra7 Microsystems. 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.
Total Liab vs Other Stockholder Equity
Total Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Spectra7 Microsystems Total Liab account and
Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Spectra7 Microsystems' Total Liab and Other Stockholder Equity is -0.06. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Spectra7 Microsystems, assuming nothing else is changed. The correlation between historical values of Spectra7 Microsystems' Total Liab and Other Stockholder Equity 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 Liab of Spectra7 Microsystems are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Liab i.e., Spectra7 Microsystems' Total Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Other Stockholder Equity
Most indicators from Spectra7 Microsystems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spectra7 Microsystems 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 Spectra7 Microsystems. 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.
At this time, Spectra7 Microsystems'
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 6.2
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(4.23) in 2024.
Spectra7 Microsystems fundamental ratios Correlations
Click cells to compare fundamentals
Spectra7 Microsystems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Spectra7 Microsystems fundamental ratios Accounts
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