Science Net Income vs Change To Liabilities Analysis

SIS Stock   26.50  0.50  1.92%   
Science In financial indicator trend analysis is much more than just breaking down Science in Sport prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Science in Sport is a good investment. Please check the relationship between Science In Net Income and its Change To Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Science in Sport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Science in Sport Net Income account and Change To Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Science In's Net Income and Change To Liabilities is 0.42. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Science in Sport, assuming nothing else is changed. The correlation between historical values of Science In's Net Income and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Science in Sport are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Income i.e., Science In's Net Income and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Science in Sport financial statement analysis. It represents the amount of money remaining after all of Science in Sport operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Liabilities

Most indicators from Science In's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Science in Sport 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 Science in Sport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 17.1 M, whereas Tax Provision is projected to grow to (11.4 K).
 2021 2022 2023 2024 (projected)
Gross Profit31.4M26.9M26.8M15.3M
Total Revenue62.5M63.8M62.7M31.6M

Science In fundamental ratios Correlations

0.590.770.740.940.650.39-0.760.960.220.930.220.980.920.860.740.980.270.990.760.60.930.450.750.90.49
0.590.930.950.350.990.92-0.930.5-0.280.78-0.280.640.720.820.940.52-0.020.540.960.990.440.950.160.80.95
0.770.930.990.60.940.8-0.990.71-0.120.92-0.120.790.880.960.930.720.020.750.990.940.640.880.380.930.88
0.740.950.990.570.940.83-1.00.68-0.150.91-0.150.760.870.950.930.690.070.720.990.960.610.910.390.930.91
0.940.350.60.570.420.12-0.590.910.420.840.420.890.880.750.540.960.410.960.570.360.950.230.860.820.27
0.650.990.940.940.420.91-0.930.59-0.270.82-0.270.710.740.840.980.59-0.070.60.970.990.490.890.20.810.9
0.390.920.80.830.120.91-0.790.36-0.630.63-0.630.490.480.650.840.32-0.160.330.850.910.130.880.040.590.87
-0.76-0.93-0.99-1.0-0.59-0.93-0.79-0.690.09-0.90.09-0.77-0.89-0.96-0.92-0.71-0.08-0.75-0.98-0.95-0.65-0.9-0.4-0.94-0.9
0.960.50.710.680.910.590.36-0.690.130.90.130.930.860.820.720.970.170.950.710.530.860.320.770.820.34
0.22-0.28-0.12-0.150.42-0.27-0.630.090.13-0.011.00.070.230.03-0.210.240.320.27-0.18-0.270.55-0.290.20.14-0.27
0.930.780.920.910.840.820.63-0.90.9-0.01-0.010.930.960.950.880.910.220.910.910.790.80.670.690.960.69
0.22-0.28-0.12-0.150.42-0.27-0.630.090.131.0-0.010.070.230.03-0.210.240.320.27-0.18-0.270.55-0.290.20.14-0.27
0.980.640.790.760.890.710.49-0.770.930.070.930.070.880.850.780.940.180.960.780.630.860.50.710.880.54
0.920.720.880.870.880.740.48-0.890.860.230.960.230.880.960.80.910.290.930.860.730.890.640.690.990.65
0.860.820.960.950.750.840.65-0.960.820.030.950.030.850.960.880.830.060.850.940.850.770.750.550.970.76
0.740.940.930.930.540.980.84-0.920.72-0.210.88-0.210.780.80.880.7-0.030.690.970.950.580.80.320.850.8
0.980.520.720.690.960.590.32-0.710.970.240.910.240.940.910.830.70.320.980.710.530.930.360.780.870.39
0.27-0.020.020.070.41-0.07-0.16-0.080.170.320.220.320.180.290.06-0.030.320.310.03-0.040.340.030.570.260.05
0.990.540.750.720.960.60.33-0.750.950.270.910.270.960.930.850.690.980.310.730.550.940.430.780.90.46
0.760.960.990.990.570.970.85-0.980.71-0.180.91-0.180.780.860.940.970.710.030.730.970.610.880.370.910.88
0.60.990.940.960.360.990.91-0.950.53-0.270.79-0.270.630.730.850.950.53-0.040.550.970.450.940.170.810.93
0.930.440.640.610.950.490.13-0.650.860.550.80.550.860.890.770.580.930.340.940.610.450.320.70.850.36
0.450.950.880.910.230.890.88-0.90.32-0.290.67-0.290.50.640.750.80.360.030.430.880.940.320.090.731.0
0.750.160.380.390.860.20.04-0.40.770.20.690.20.710.690.550.320.780.570.780.370.170.70.090.620.12
0.90.80.930.930.820.810.59-0.940.820.140.960.140.880.990.970.850.870.260.90.910.810.850.730.620.75
0.490.950.880.910.270.90.87-0.90.34-0.270.69-0.270.540.650.760.80.390.050.460.880.930.361.00.120.75
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Science In Account Relationship Matchups

Science In fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.9M63.0M73.9M75.7M70.3M37.1M
Other Current Liab3.5M5.4M6.1M8.1M9.4M9.9M
Total Current Liabilities10.4M12.1M15.4M22.2M28.0M29.4M
Total Stockholder Equity45.2M48.0M44.1M40.3M29.1M24.5M
Property Plant And Equipment Net2.5M2.4M15.9M20.9M20.5M21.5M
Net Debt(4.3M)(9.6M)7.6M20.8M21.7M22.8M
Retained Earnings(14.6M)(16.1M)(20.1M)(28.6M)(41.1M)(39.0M)
Accounts Payable5.7M5.4M7.6M5.0M5.1M3.1M
Cash5.4M10.5M4.9M930K2.1M2.0M
Non Current Assets Total36.4M35.7M48.0M51.6M47.6M50.0M
Cash And Short Term Investments5.4M10.5M4.9M930K2.1M2.0M
Net Receivables10.9M9.8M12.7M16.5M11.3M6.6M
Common Stock Total Equity6.7M12.2M12.3M13.5M15.5M16.3M
Common Stock Shares Outstanding122.7M129.4M133.5M138.9M170.1M178.6M
Liabilities And Stockholders Equity58.9M63.0M73.9M75.7M70.3M37.1M
Non Current Liabilities Total3.3M2.8M14.4M13.2M13.2M13.9M
Inventory6.1M7.0M8.4M6.6M6.8M4.2M
Other Current Assets1.6M852.0K577.0K1.5M2.5M2.1M
Other Stockholder Equity46.5M49.7M49.6M50.6M51.9M26.7M
Total Liab13.7M14.9M29.9M35.4M41.2M43.3M
Property Plant And Equipment Gross2.5M2.4M15.9M20.9M27.3M28.7M
Total Current Assets22.4M27.3M26.0M24.1M22.7M16.0M
Accumulated Other Comprehensive Income(1.1M)(971K)(1.0M)(1.0M)(84K)(88.2K)
Intangible Assets33.1M14.7M14.3M13.3M9.6M9.6M
Common Stock12.2M12.3M13.5M17.2M18.2M19.1M
Non Currrent Assets Other1.6M2.2M1.4M27.0M31.1M32.7M
Net Tangible Assets12.8M17.0M12.4M9.6M11.0M13.0M
Other Assets1.6M2.2M323K1.8M2.1M1.4M
Property Plant Equipment2.5M2.4M15.9M20.9M24.0M25.2M
Deferred Long Term Liab672K1.0M1.4M1.8M2.1M2.2M
Net Invested Capital45.2M48.0M45.6M51.2M42.1M47.9M
Net Working Capital12.1M15.2M10.6M1.9M(5.3M)(5.0M)

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Other Information on Investing in Science Stock

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