Sight Total Assets vs Retained Earnings Analysis

SGHT Stock

USD 4.01 0.25 6.65%

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

For more information on how to buy Sight Stock please use our How to Invest in Sight Sciences guide.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sight Sciences Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Sight Sciences' Total Assets and Retained Earnings is -0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Sight Sciences, assuming nothing else is changed. The correlation between historical values of Sight Sciences' Total Assets and Retained Earnings 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 Sight Sciences are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Sight Sciences' Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.82

Relationship Direction	Negative
Relationship Strength	Significant

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Total Assets

Total assets refers to the total amount of Sight Sciences 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 Sight Sciences 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.

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.

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

For more information on how to buy Sight Stock please use our How to Invest in Sight Sciences guide.Sales General And Administrative To Revenue is likely to gain to 1.65 in 2024, whereas Tax Provision is likely to drop slightly above 74.8 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	40.3M	59.0M	69.2M	38.3M
Total Revenue	49.0M	71.3M	81.1M	47.6M

Gross Profit Total Revenue

Sight Sciences fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	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 Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.92	0.93	0.93	0.98	0.91	0.88	-0.99	-0.82	0.82	1.0	0.87	0.58	0.64	1.0	0.87	0.89	0.81	0.02	0.82	0.99	0.96	0.16	0.96	0.82	1.0
Other Current Liab	0.92		1.0	0.77	0.9	0.77	0.93	-0.87	-0.85	0.75	0.9	0.91	0.61	0.77	0.9	0.93	0.83	0.9	0.22	0.87	0.89	0.91	0.36	0.83	0.83	0.92
Total Current Liabilities	0.93	1.0		0.79	0.92	0.8	0.95	-0.88	-0.88	0.74	0.92	0.94	0.66	0.77	0.92	0.95	0.86	0.91	0.2	0.9	0.9	0.94	0.34	0.85	0.88	0.93
Total Stockholder Equity	0.93	0.77	0.79		0.87	0.95	0.75	-0.95	-0.73	0.73	0.93	0.73	0.4	0.33	0.93	0.79	0.87	0.59	-0.34	0.72	0.96	0.9	-0.21	0.99	0.72	0.93
Other Liab	0.98	0.9	0.92	0.87		0.86	0.89	-0.95	-0.83	0.75	0.98	0.9	0.66	0.74	0.98	0.87	0.87	0.85	0.15	0.85	0.96	0.96	0.28	0.91	0.86	0.98
Net Tangible Assets	0.91	0.77	0.8	0.95	0.86		0.79	-0.92	-0.87	0.67	0.9	0.78	0.64	0.4	0.9	0.83	0.97	0.68	-0.3	0.79	0.92	0.91	-0.17	0.95	0.8	0.91
Property Plant And Equipment Net	0.88	0.93	0.95	0.75	0.89	0.79		-0.83	-0.87	0.7	0.87	0.99	0.71	0.74	0.87	0.92	0.86	0.96	0.19	0.92	0.83	0.89	0.32	0.81	0.95	0.88
Net Debt	-0.99	-0.87	-0.88	-0.95	-0.95	-0.92	-0.83		0.77	-0.86	-0.99	-0.8	-0.5	-0.54	-0.99	-0.81	-0.88	-0.74	0.07	-0.74	-0.99	-0.92	-0.06	-0.97	-0.75	-0.99
Retained Earnings	-0.82	-0.85	-0.88	-0.73	-0.83	-0.87	-0.87	0.77		-0.48	-0.79	-0.9	-0.88	-0.67	-0.79	-0.94	-0.96	-0.84	-0.03	-0.95	-0.8	-0.91	-0.15	-0.78	-0.92	-0.82
Accounts Payable	0.82	0.75	0.74	0.73	0.75	0.67	0.7	-0.86	-0.48		0.84	0.64	0.26	0.48	0.84	0.52	0.61	0.67	0.11	0.42	0.8	0.64	0.21	0.75	0.49	0.82
Cash	1.0	0.9	0.92	0.93	0.98	0.9	0.87	-0.99	-0.79	0.84		0.85	0.55	0.63	1.0	0.85	0.88	0.8	0.01	0.79	0.99	0.95	0.15	0.96	0.8	1.0
Non Current Assets Total	0.87	0.91	0.94	0.73	0.9	0.78	0.99	-0.8	-0.9	0.64	0.85		0.77	0.78	0.85	0.93	0.86	0.97	0.22	0.94	0.82	0.9	0.35	0.79	0.98	0.87
Non Currrent Assets Other	0.58	0.61	0.66	0.4	0.66	0.64	0.71	-0.5	-0.88	0.26	0.55	0.77		0.75	0.55	0.72	0.78	0.79	0.29	0.8	0.53	0.69	0.37	0.47	0.81	0.57
Other Assets	0.64	0.77	0.77	0.33	0.74	0.4	0.74	-0.54	-0.67	0.48	0.63	0.78	0.75		0.63	0.68	0.55	0.88	0.74	0.71	0.57	0.66	0.82	0.43	0.71	0.64
Cash And Short Term Investments	1.0	0.9	0.92	0.93	0.98	0.9	0.87	-0.99	-0.79	0.84	1.0	0.85	0.55	0.63		0.85	0.88	0.8	0.01	0.79	0.99	0.95	0.15	0.96	0.8	1.0
Net Receivables	0.87	0.93	0.95	0.79	0.87	0.83	0.92	-0.81	-0.94	0.52	0.85	0.93	0.72	0.68	0.85		0.9	0.84	0.05	0.98	0.86	0.96	0.19	0.84	0.93	0.87
Common Stock Total Equity	0.89	0.83	0.86	0.87	0.87	0.97	0.86	-0.88	-0.96	0.61	0.88	0.86	0.78	0.55	0.88	0.9		0.78	-0.14	0.88	0.89	0.93	-0.02	0.9	0.87	0.89
Common Stock Shares Outstanding	0.81	0.9	0.91	0.59	0.85	0.68	0.96	-0.74	-0.84	0.67	0.8	0.97	0.79	0.88	0.8	0.84	0.78		0.43	0.86	0.74	0.81	0.55	0.67	0.9	0.81
Non Current Liabilities Total	0.02	0.22	0.2	-0.34	0.15	-0.3	0.19	0.07	-0.03	0.11	0.01	0.22	0.29	0.74	0.01	0.05	-0.14	0.43		0.1	-0.07	0.0	0.99	-0.24	0.12	0.02
Inventory	0.82	0.87	0.9	0.72	0.85	0.79	0.92	-0.74	-0.95	0.42	0.79	0.94	0.8	0.71	0.79	0.98	0.88	0.86	0.1		0.79	0.93	0.23	0.77	0.97	0.81
Other Current Assets	0.99	0.89	0.9	0.96	0.96	0.92	0.83	-0.99	-0.8	0.8	0.99	0.82	0.53	0.57	0.99	0.86	0.89	0.74	-0.07	0.79		0.96	0.06	0.98	0.78	0.99
Other Stockholder Equity	0.96	0.91	0.94	0.9	0.96	0.91	0.89	-0.92	-0.91	0.64	0.95	0.9	0.69	0.66	0.95	0.96	0.93	0.81	0.0	0.93	0.96		0.14	0.94	0.9	0.96
Total Liab	0.16	0.36	0.34	-0.21	0.28	-0.17	0.32	-0.06	-0.15	0.21	0.15	0.35	0.37	0.82	0.15	0.19	-0.02	0.55	0.99	0.23	0.06	0.14		-0.11	0.24	0.15
Net Invested Capital	0.96	0.83	0.85	0.99	0.91	0.95	0.81	-0.97	-0.78	0.75	0.96	0.79	0.47	0.43	0.96	0.84	0.9	0.67	-0.24	0.77	0.98	0.94	-0.11		0.77	0.96
Property Plant And Equipment Gross	0.82	0.83	0.88	0.72	0.86	0.8	0.95	-0.75	-0.92	0.49	0.8	0.98	0.81	0.71	0.8	0.93	0.87	0.9	0.12	0.97	0.78	0.9	0.24	0.77		0.82
Total Current Assets	1.0	0.92	0.93	0.93	0.98	0.91	0.88	-0.99	-0.82	0.82	1.0	0.87	0.57	0.64	1.0	0.87	0.89	0.81	0.02	0.81	0.99	0.96	0.15	0.96	0.82

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Sight Sciences Account Relationship Matchups

Sight Sciences fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	30.7M	72.8M	280.2M	213.1M	166.7M	141.5M
Other Current Liab	4.5M	6.8M	9.6M	14.1M	7.7M	8.0M
Total Current Liabilities	7.3M	9.3M	13.5M	17.8M	12.3M	11.6M
Total Stockholder Equity	(54.7M)	(88.8M)	232.1M	160.1M	120.2M	62.3M
Other Liab	213K	809K	1.9M	1.2M	1.4M	919.6K
Net Tangible Assets	(54.7M)	(88.8M)	232.1M	160.1M	184.1M	193.3M
Property Plant And Equipment Net	2.6M	1.8M	2.9M	3.2M	3.1M	2.7M
Net Debt	(7.3M)	(29.0M)	(228.0M)	(150.7M)	(102.7M)	(107.9M)
Retained Earnings	(55.3M)	(90.0M)	(153.0M)	(239.2M)	(294.8M)	(280.1M)
Accounts Payable	2.3M	2.2M	3.4M	2.7M	1.7M	2.6M
Cash	21.2M	61.5M	260.7M	185M	138.1M	123.0M
Non Current Assets Total	2.7M	2.2M	3.2M	3.4M	3.8M	3.0M
Non Currrent Assets Other	168K	386K	202K	211K	682K	716.1K
Other Assets	168K	386K	202K	211K	242.7K	226.4K
Cash And Short Term Investments	21.2M	61.5M	260.7M	185M	138.1M	123.0M
Net Receivables	4.1M	5.4M	8.7M	15.1M	14.3M	9.1M
Liabilities And Stockholders Equity	30.7M	72.8M	280.2M	213.1M	166.7M	141.5M
Non Current Liabilities Total	78.1M	152.3M	34.6M	35.2M	34.2M	49.1M
Capital Lease Obligations	1.1M	529K	1.6M	1.7M	1.5M	1.2M
Inventory	2.2M	2.6M	3.5M	6.1M	7.8M	4.2M
Other Current Assets	426K	1.2M	4.2M	3.4M	2.6M	2.3M
Other Stockholder Equity	656K	120.6M	385.1M	399.3M	415.0M	242.2M
Total Liab	85.4M	161.7M	48.1M	53.0M	46.4M	57.6M
Net Invested Capital	(41.8M)	(56.9M)	264.8M	193.4M	154.1M	88.8M
Property Plant And Equipment Gross	2.6M	1.8M	2.9M	3.2M	4.7M	2.9M
Total Current Assets	28.0M	70.6M	277.0M	209.7M	162.9M	138.5M
Net Working Capital	20.7M	61.3M	263.5M	191.9M	150.6M	126.9M
Property Plant Equipment	2.6M	1.8M	2.9M	1.6M	1.8M	2.1M

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