Solid Property Plant And Equipment Gross vs Total Assets Analysis

SLDPW Stock  USD 0.09  0.02  17.27%   
Solid Power financial indicator trend analysis is much more than just breaking down Solid Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solid Power is a good investment. Please check the relationship between Solid Power Property Plant And Equipment Gross and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.

Property Plant And Equipment Gross vs Total Assets

Property Plant And Equipment Gross vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid Power Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Solid Power's Property Plant And Equipment Gross and Total Assets is 0.77. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets in the same time period over historical financial statements of Solid Power, assuming nothing else is changed. The correlation between historical values of Solid Power's Property Plant And Equipment Gross and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Solid Power are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Solid Power's Property Plant And Equipment Gross and Total Assets go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Gross

Total Assets

Total assets refers to the total amount of Solid Power 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 Solid Power 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.
Most indicators from Solid Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solid Power 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 Solid Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.Selling General Administrative is likely to climb to about 27.5 M in 2024, despite the fact that Tax Provision is likely to grow to (148.2 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.4M5.9M12.7M13.4M
Interest Income56K4.7M15.4M16.2M

Solid Power fundamental ratios Correlations

0.010.850.911.00.780.62-0.6-0.250.930.610.740.96-0.980.910.910.240.80.940.951.00.77-0.890.92-0.630.75
0.010.290.410.030.50.510.78-0.310.34-0.770.530.02-0.07-0.380.420.09-0.590.04-0.280.030.46-0.14-0.37-0.050.62
0.850.290.860.860.970.52-0.23-0.540.840.240.960.95-0.930.650.880.210.520.890.730.850.98-0.870.65-0.580.8
0.910.410.860.920.890.82-0.24-0.320.990.250.860.86-0.910.691.00.240.490.840.760.910.85-0.850.69-0.570.91
1.00.030.860.920.790.63-0.59-0.260.930.590.750.96-0.980.90.920.240.780.950.941.00.78-0.890.91-0.630.76
0.780.50.970.890.790.64-0.03-0.530.860.041.00.86-0.870.520.90.230.350.80.610.780.99-0.830.52-0.550.86
0.620.510.520.820.630.640.00.030.840.010.60.49-0.590.450.80.270.230.410.490.640.56-0.620.46-0.470.67
-0.60.78-0.23-0.24-0.59-0.030.0-0.16-0.3-1.00.03-0.530.51-0.85-0.23-0.09-0.94-0.53-0.8-0.59-0.040.41-0.850.340.02
-0.25-0.31-0.54-0.32-0.26-0.530.03-0.16-0.260.16-0.56-0.440.4-0.06-0.340.61-0.05-0.39-0.16-0.19-0.580.05-0.06-0.34-0.35
0.930.340.840.990.930.860.84-0.3-0.260.310.820.86-0.920.740.990.240.550.830.80.930.82-0.850.74-0.580.87
0.61-0.770.240.250.590.040.01-1.00.160.31-0.020.53-0.520.860.240.090.940.540.80.590.05-0.420.85-0.34-0.01
0.740.530.960.860.751.00.60.03-0.560.82-0.020.83-0.830.460.880.220.290.770.550.741.0-0.80.46-0.530.85
0.960.020.950.860.960.860.49-0.53-0.440.860.530.83-0.990.850.870.170.760.960.910.940.87-0.880.86-0.580.71
-0.98-0.07-0.93-0.91-0.98-0.87-0.590.510.4-0.92-0.52-0.83-0.99-0.87-0.91-0.17-0.76-0.94-0.92-0.97-0.860.88-0.870.58-0.74
0.91-0.380.650.690.90.520.45-0.85-0.060.740.860.460.85-0.870.680.180.970.80.990.90.5-0.761.0-0.560.41
0.910.420.881.00.920.90.8-0.23-0.340.990.240.880.87-0.910.680.240.490.860.750.920.87-0.850.68-0.580.92
0.240.090.210.240.240.230.27-0.090.610.240.090.220.17-0.170.180.240.090.240.160.330.21-0.610.18-0.90.32
0.8-0.590.520.490.780.350.23-0.94-0.050.550.940.290.76-0.760.970.490.090.710.940.770.35-0.620.97-0.440.2
0.940.040.890.840.950.80.41-0.53-0.390.830.540.770.96-0.940.80.860.240.710.860.940.81-0.850.81-0.60.79
0.95-0.280.730.760.940.610.49-0.8-0.160.80.80.550.91-0.920.990.750.160.940.860.940.6-0.790.99-0.550.51
1.00.030.850.911.00.780.64-0.59-0.190.930.590.740.94-0.970.90.920.330.770.940.940.76-0.920.9-0.690.77
0.770.460.980.850.780.990.56-0.04-0.580.820.051.00.87-0.860.50.870.210.350.810.60.76-0.820.51-0.540.83
-0.89-0.14-0.87-0.85-0.89-0.83-0.620.410.05-0.85-0.42-0.8-0.880.88-0.76-0.85-0.61-0.62-0.85-0.79-0.92-0.82-0.760.89-0.76
0.92-0.370.650.690.910.520.46-0.85-0.060.740.850.460.86-0.871.00.680.180.970.810.990.90.51-0.76-0.560.42
-0.63-0.05-0.58-0.57-0.63-0.55-0.470.34-0.34-0.58-0.34-0.53-0.580.58-0.56-0.58-0.9-0.44-0.6-0.55-0.69-0.540.89-0.56-0.54
0.750.620.80.910.760.860.670.02-0.350.87-0.010.850.71-0.740.410.920.320.20.790.510.770.83-0.760.42-0.54
Click cells to compare fundamentals

Solid Power Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Solid Stock Analysis

When running Solid Power's price analysis, check to measure Solid Power'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 Solid Power is operating at the current time. Most of Solid Power's value examination focuses on studying past and present price action to predict the probability of Solid Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solid Power's price. Additionally, you may evaluate how the addition of Solid Power to your portfolios can decrease your overall portfolio volatility.