Solution Non Current Assets Total vs Other Liab Analysis

SFI Stock   0.28  0.01  3.45%   
Solution Financial financial indicator trend analysis is much more than just breaking down Solution Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solution Financial is a good investment. Please check the relationship between Solution Financial Non Current Assets Total and its Other Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solution Financial. 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.

Non Current Assets Total vs Other Liab

Non Current Assets Total vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solution Financial Non Current Assets Total account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Solution Financial's Non Current Assets Total and Other Liab is 0.94. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Liab in the same time period over historical financial statements of Solution Financial, assuming nothing else is changed. The correlation between historical values of Solution Financial's Non Current Assets Total and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Solution Financial are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Current Assets Total i.e., Solution Financial's Non Current Assets Total and Other Liab go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Liab

Most indicators from Solution Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solution Financial 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 Solution Financial. 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 25th of December 2024, Selling General Administrative is likely to drop to about 2.2 M. In addition to that, Tax Provision is likely to grow to about (387.6 K)
 2021 2022 2023 2024 (projected)
Cost Of Revenue15.9M15.4M11.5M11.4M
EBITDA6.8M5.9M6.7M5.2M

Solution Financial fundamental ratios Correlations

0.960.990.760.80.840.50.970.50.990.750.970.520.970.97-0.570.990.430.60.940.760.90.950.640.83-0.82
0.960.90.750.860.880.430.890.560.980.670.880.440.950.88-0.710.960.340.490.910.830.940.940.470.73-0.88
0.990.90.770.750.790.550.990.450.960.760.980.530.930.98-0.440.960.440.630.910.690.840.90.670.82-0.78
0.760.750.770.550.570.840.770.370.740.620.680.40.720.74-0.330.730.370.440.680.540.660.680.490.61-0.58
0.80.860.750.550.980.230.70.420.830.540.760.280.830.73-0.650.82-0.050.450.790.750.890.750.390.65-0.91
0.840.880.790.570.980.260.740.370.860.640.830.410.850.81-0.640.86-0.050.60.870.680.860.810.490.73-0.94
0.50.430.550.840.230.260.610.480.460.360.440.250.490.50.040.460.520.20.320.230.310.350.260.35-0.23
0.970.890.990.770.70.740.610.540.950.720.940.50.930.95-0.410.950.540.550.860.680.820.870.60.77-0.73
0.50.560.450.370.420.370.480.540.52-0.060.34-0.190.60.31-0.340.490.67-0.30.240.650.510.42-0.170.11-0.3
0.990.980.960.740.830.860.460.950.520.730.940.50.980.94-0.661.00.410.570.940.790.930.970.610.83-0.84
0.750.670.760.620.540.640.360.72-0.060.730.790.930.680.84-0.380.760.050.870.820.210.620.710.670.78-0.74
0.970.880.980.680.760.830.440.940.340.940.790.570.890.99-0.440.950.310.750.950.630.790.910.720.84-0.82
0.520.440.530.40.280.410.250.5-0.190.50.930.570.490.64-0.30.560.020.80.62-0.090.390.520.540.65-0.53
0.970.950.930.720.830.850.490.930.60.980.680.890.490.9-0.690.980.460.470.880.770.940.920.570.82-0.79
0.970.880.980.740.730.810.50.950.310.940.840.990.640.9-0.440.950.320.770.950.60.790.910.740.86-0.81
-0.57-0.71-0.44-0.33-0.65-0.640.04-0.41-0.34-0.66-0.38-0.44-0.3-0.69-0.44-0.66-0.17-0.19-0.64-0.67-0.79-0.72-0.35-0.610.56
0.990.960.960.730.820.860.460.950.491.00.760.950.560.980.95-0.660.40.610.950.740.920.970.640.86-0.84
0.430.340.440.37-0.05-0.050.520.540.670.410.050.310.020.460.32-0.170.4-0.180.20.420.30.390.20.270.1
0.60.490.630.440.450.60.20.55-0.30.570.870.750.80.470.77-0.190.61-0.180.770.080.380.620.750.72-0.65
0.940.910.910.680.790.870.320.860.240.940.820.950.620.880.95-0.640.950.20.770.670.850.970.750.89-0.86
0.760.830.690.540.750.680.230.680.650.790.210.63-0.090.770.6-0.670.740.420.080.670.840.770.320.51-0.6
0.90.940.840.660.890.860.310.820.510.930.620.790.390.940.79-0.790.920.30.380.850.840.870.510.77-0.81
0.950.940.90.680.750.810.350.870.420.970.710.910.520.920.91-0.720.970.390.620.970.770.870.670.85-0.79
0.640.470.670.490.390.490.260.6-0.170.610.670.720.540.570.74-0.350.640.20.750.750.320.510.670.91-0.37
0.830.730.820.610.650.730.350.770.110.830.780.840.650.820.86-0.610.860.270.720.890.510.770.850.91-0.62
-0.82-0.88-0.78-0.58-0.91-0.94-0.23-0.73-0.3-0.84-0.74-0.82-0.53-0.79-0.810.56-0.840.1-0.65-0.86-0.6-0.81-0.79-0.37-0.62
Click cells to compare fundamentals

Solution Financial Account Relationship Matchups

Solution Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.5M29.1M33.3M29.8M29.6M22.3M
Total Current Liabilities7.8M13.6M10.9M9.7M8.4M7.5M
Total Stockholder Equity9.5M10.4M13.4M13.5M12.8M9.5M
Retained Earnings2.3M2.4M3.0M3.4M2.5M2.6M
Cash583.2K2.5M3.4M1.8M1.3M1.5M
Cash And Short Term Investments583.2K2.5M3.4M1.8M2.1M1.5M
Net Receivables540.4K393.0K504.8K233.8K525.1K403.2K
Common Stock Shares Outstanding79.3M81.4M89.4M87.6M86.4M70.8M
Long Term Debt Total2.6M8.1K3.2M3.0M3.5M3.6M
Liabilities And Stockholders Equity24.5M29.1M33.3M29.8M34.3M20.9M
Capital Surpluse675.9K872.6K528.3K179.5K206.4K196.1K
Total Liab15.0M18.6M19.9M16.3M16.8M12.8M
Total Current Assets2.2M3.9M5.5M7.2M12.0M12.6M
Short Term Debt5.8M10.1M10.0M8.4M9.7M5.5M
Common Stock5.5M7.1M9.7M9.5M10.9M6.1M
Other Current Liab533.4K610.3K674.1K765.7K4.5M4.8M
Other Liab4.6M5.0M5.7M3.7M4.2M4.2M
Net Tangible Assets9.4M10.4M13.4M13.4M15.5M11.0M
Accounts Payable210.6K221.3K220.7K436.0K392.4K315.3K
Other Assets22.0M24.9M27.5M22.2M25.6M21.2M
Inventory980.1K554.0K426.4K472.5K491.0K463.5K
Property Plant Equipment270.6K283.9K319.7K333.7K383.8K326.1K
Net Debt9.0M10.2M9.8M9.6M1.9M1.8M
Non Current Assets Total22.3M25.2M27.8M22.6M17.7M23.5M
Long Term Debt2.6M0.03.2M3.0M3.4M2.2M
Non Current Liabilities Total7.2M4.2M9.0M6.7M8.4M7.2M
Other Stockholder Equity974.3K93.7K235.1K358.5K322.6K406.7K
Net Invested Capital19.1M23.2M26.6M24.9M16.0M22.2M
Short Long Term Debt7.0M12.7M10.0M8.4M3.2M3.0M
Capital Stock5.5M7.1M9.7M9.5M9.4M8.5M
Cash And Equivalents583.2K2.5M3.4M1.8M2.1M1.9M
Net Working Capital(5.6M)(10.6M)(5.4M)(2.5M)3.6M3.8M

Pair Trading with Solution Financial

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 Solution Financial 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 Solution Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Solution Stock

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The ability to find closely correlated positions to Solution Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solution Financial 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 Solution Financial - 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 Solution Financial to buy it.
The correlation of Solution Financial 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 Solution Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solution Financial 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 Solution Financial 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 CorrelationCorrelation Matching

Other Information on Investing in Solution Stock

Balance Sheet is a snapshot of the financial position of Solution Financial at a specified time, usually calculated after every quarter, six months, or one year. Solution Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Solution Financial 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 Solution currently owns. An asset can also be divided into two categories, current and non-current.