Summit Retained Earnings vs Short Term Debt Analysis
SEVT Stock | USD 0.0001 0.00 0.00% |
Summit Environmental financial indicator trend analysis is much more than just breaking down Summit Environmental prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summit Environmental is a good investment. Please check the relationship between Summit Environmental Retained Earnings and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Environmental. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Summit Stock please use our How to Invest in Summit Environmental guide.
Retained Earnings vs Short Term Debt
Retained Earnings vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Summit Environmental Retained Earnings account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Summit Environmental's Retained Earnings and Short Term Debt is -0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Summit Environmental, assuming nothing else is changed. The correlation between historical values of Summit Environmental's Retained Earnings and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Summit Environmental are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., Summit Environmental's Retained Earnings and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Short Term Debt
Most indicators from Summit Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Summit Environmental 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 Summit Environmental. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Summit Stock please use our How to Invest in Summit Environmental guide.Selling General Administrative is likely to gain to about 4 M in 2024
2010 | 2011 | 2023 | 2024 (projected) | Cost Of Revenue | 39K | 1.3M | 1.5M | 1.6M | Research Development | 19K | 42K | 48.3K | 33.7K |
Summit Environmental fundamental ratios Correlations
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Summit Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Summit Stock Analysis
When running Summit Environmental's price analysis, check to measure Summit Environmental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Environmental is operating at the current time. Most of Summit Environmental's value examination focuses on studying past and present price action to predict the probability of Summit Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Environmental's price. Additionally, you may evaluate how the addition of Summit Environmental to your portfolios can decrease your overall portfolio volatility.