Singular Total Operating Expenses vs Selling General Administrative Analysis

SHG Stock   0.12  0.01  9.09%   
Singular Health financial indicator trend analysis is much more than just breaking down Singular Health Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Singular Health Group is a good investment. Please check the relationship between Singular Health Total Operating Expenses and its Selling General Administrative accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Singular Health Group. 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 Operating Expenses vs Selling General Administrative

Total Operating Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Singular Health Group Total Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Singular Health's Total Operating Expenses and Selling General Administrative is 0.6. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Singular Health Group, assuming nothing else is changed. The correlation between historical values of Singular Health's Total Operating Expenses and Selling General Administrative 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 Operating Expenses of Singular Health Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., Singular Health's Total Operating Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Selling General Administrative

Most indicators from Singular Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Singular Health Group 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 Singular Health Group. 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.
Selling General Administrative is likely to gain to about 2.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.3 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization259.8K389.1K197.7K222.1K
Interest Income7.3K485.8K558.7K586.6K

Singular Health fundamental ratios Correlations

-0.120.540.030.910.680.47-0.79-0.61-0.30.940.63-0.450.940.720.31-0.050.570.10.94-0.20.60.780.570.310.41
-0.12-0.220.91-0.46-0.410.780.690.010.78-0.360.59-0.69-0.36-0.38-0.22-0.30.010.9-0.391.00.62-0.060.12-0.350.2
0.54-0.220.20.38-0.120.15-0.43-0.94-0.450.390.080.180.390.050.880.750.910.220.53-0.250.010.850.940.920.87
0.030.910.2-0.38-0.530.810.57-0.370.6-0.270.56-0.56-0.27-0.420.130.050.381.0-0.240.90.560.240.50.040.57
0.91-0.460.38-0.380.870.13-0.95-0.39-0.490.990.38-0.220.990.840.22-0.110.35-0.310.97-0.530.360.620.290.240.11
0.68-0.41-0.12-0.530.870.03-0.80.07-0.290.840.35-0.320.840.9-0.24-0.52-0.1-0.480.75-0.460.360.21-0.2-0.23-0.36
0.470.780.150.810.130.030.16-0.430.620.210.94-0.910.210.170.01-0.350.450.840.170.730.940.480.45-0.120.37
-0.790.69-0.430.57-0.95-0.80.160.350.71-0.92-0.09-0.08-0.92-0.75-0.3-0.08-0.30.52-0.930.75-0.06-0.53-0.25-0.36-0.1
-0.610.01-0.94-0.37-0.390.07-0.430.350.17-0.41-0.370.11-0.41-0.17-0.8-0.52-0.99-0.39-0.520.06-0.3-0.94-0.96-0.79-0.83
-0.30.78-0.450.6-0.49-0.290.620.710.17-0.480.54-0.67-0.48-0.1-0.48-0.6-0.090.59-0.560.780.56-0.2-0.21-0.6-0.26
0.94-0.360.39-0.270.990.840.21-0.92-0.41-0.480.44-0.281.00.780.25-0.10.36-0.210.99-0.430.420.640.340.260.19
0.630.590.080.560.380.350.94-0.09-0.370.540.44-0.960.440.48-0.1-0.530.390.610.370.531.00.50.33-0.220.17
-0.45-0.690.18-0.56-0.22-0.32-0.91-0.080.11-0.67-0.28-0.96-0.28-0.40.320.7-0.14-0.6-0.19-0.64-0.98-0.26-0.090.450.03
0.94-0.360.39-0.270.990.840.21-0.92-0.41-0.481.00.44-0.280.780.25-0.10.36-0.210.99-0.430.420.640.340.260.19
0.72-0.380.05-0.420.840.90.17-0.75-0.17-0.10.780.48-0.40.78-0.18-0.50.19-0.360.71-0.440.470.39-0.03-0.17-0.28
0.31-0.220.880.130.22-0.240.01-0.3-0.8-0.480.25-0.10.320.25-0.180.790.740.130.39-0.24-0.160.750.810.970.8
-0.05-0.30.750.05-0.11-0.52-0.35-0.08-0.52-0.6-0.1-0.530.7-0.1-0.50.790.480.030.06-0.28-0.580.320.620.880.73
0.570.010.910.380.35-0.10.45-0.3-0.99-0.090.360.39-0.140.360.190.740.480.410.46-0.040.310.920.930.740.79
0.10.90.221.0-0.31-0.480.840.52-0.390.59-0.210.61-0.6-0.21-0.360.130.030.41-0.180.880.60.280.530.040.57
0.94-0.390.53-0.240.970.750.17-0.93-0.52-0.560.990.37-0.190.990.710.390.060.46-0.18-0.460.340.710.470.410.33
-0.21.0-0.250.9-0.53-0.460.730.750.060.78-0.430.53-0.64-0.43-0.44-0.24-0.28-0.040.88-0.460.55-0.130.08-0.360.17
0.60.620.010.560.360.360.94-0.06-0.30.560.421.0-0.980.420.47-0.16-0.580.310.60.340.550.440.26-0.280.12
0.78-0.060.850.240.620.210.48-0.53-0.94-0.20.640.5-0.260.640.390.750.320.920.280.71-0.130.440.870.70.7
0.570.120.940.50.29-0.20.45-0.25-0.96-0.210.340.33-0.090.34-0.030.810.620.930.530.470.080.260.870.810.95
0.31-0.350.920.040.24-0.23-0.12-0.36-0.79-0.60.26-0.220.450.26-0.170.970.880.740.040.41-0.36-0.280.70.810.81
0.410.20.870.570.11-0.360.37-0.1-0.83-0.260.190.170.030.19-0.280.80.730.790.570.330.170.120.70.950.81
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Singular Health Account Relationship Matchups

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