Safety Accounts Payable vs Net Working Capital Analysis
| SHOTW Stock | 0.15 0.01 6.25% |
Safety Shot financial indicator trend analysis is much more than just breaking down Safety Shot prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Safety Shot is a good investment. Please check the relationship between Safety Shot Accounts Payable and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safety Shot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.
Accounts Payable vs Net Working Capital
Accounts Payable vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safety Shot Accounts Payable account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Safety Shot's Accounts Payable and Net Working Capital is 0.56. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Safety Shot, assuming nothing else is changed. The correlation between historical values of Safety Shot's Accounts Payable and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Safety Shot are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Accounts Payable i.e., Safety Shot's Accounts Payable and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Safety Shot obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Safety Shot are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Working Capital
Most indicators from Safety Shot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Safety Shot 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 Safety Shot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.Issuance Of Capital Stock is likely to climb to about 9.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.1 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.7M | 1.3M | 383.0K | 363.9K | Interest Income | 7.3K | 1.7K | 57.4K | 60.3K |
Safety Shot fundamental ratios Correlations
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Safety Shot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Safety Shot's price analysis, check to measure Safety Shot'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 Safety Shot is operating at the current time. Most of Safety Shot's value examination focuses on studying past and present price action to predict the probability of Safety Shot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safety Shot's price. Additionally, you may evaluate how the addition of Safety Shot to your portfolios can decrease your overall portfolio volatility.