SOCO Retained Earnings vs Accounts Payable Analysis

SOC Stock

0.11 0.02 22.22%

SOCO financial indicator trend analysis is much more than just breaking down SOCO prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SOCO is a good investment. Please check the relationship between SOCO Retained Earnings and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SOCO Corporation. 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SOCO Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between SOCO's Retained Earnings and Accounts Payable is 0.45. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of SOCO Corporation, assuming nothing else is changed. The correlation between historical values of SOCO's Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of SOCO Corporation are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., SOCO's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Accounts Payable

An accounting item on the balance sheet that represents SOCO 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 SOCO 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.

Most indicators from SOCO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SOCO 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 SOCO Corporation. 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.

Tax Provision is likely to gain to about (214.7 K) in 2024. Selling General Administrative is likely to drop to about 3.5 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	139.6K	300.7K	712.4K	748.0K
Interest Income	8.8K	41.1K	65.7K	69.0K

Depreciation And Amortization Interest Income

SOCO fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Non Current Assets Total	Other Assets	Non Current Liabilities Total	Capital Lease Obligations	Net Invested Capital
Total Assets		0.99	0.99	-0.61	0.59	0.6	0.81	-0.02	-0.84	0.85	0.98	0.74	0.92	0.98	-0.8	0.91	0.87	0.91	0.88	-0.2	-0.14	0.93	0.82	0.93	0.92	0.89
Total Current Liabilities	0.99		0.97	-0.54	0.53	0.55	0.84	-0.04	-0.8	0.81	0.99	0.7	0.92	0.95	-0.84	0.92	0.87	0.95	0.83	-0.15	-0.01	0.94	0.75	0.94	0.94	0.87
Total Stockholder Equity	0.99	0.97		-0.59	0.68	0.69	0.8	-0.02	-0.87	0.89	0.95	0.81	0.87	0.99	-0.79	0.86	0.88	0.85	0.92	-0.31	-0.23	0.88	0.86	0.88	0.86	0.91
Retained Earnings	-0.61	-0.54	-0.59		-0.1	-0.11	-0.17	-0.3	0.42	-0.4	-0.61	-0.15	-0.75	-0.7	0.06	-0.74	-0.4	-0.53	-0.52	-0.23	0.45	-0.73	-0.62	-0.72	-0.68	-0.45
Cash	0.59	0.53	0.68	-0.1		1.0	0.55	-0.04	-0.69	0.81	0.44	0.96	0.23	0.62	-0.64	0.22	0.67	0.27	0.81	-0.9	-0.45	0.26	0.73	0.26	0.23	0.74
Cash And Short Term Investments	0.6	0.55	0.69	-0.11	1.0		0.56	-0.04	-0.69	0.82	0.46	0.96	0.24	0.63	-0.65	0.23	0.69	0.28	0.82	-0.9	-0.45	0.27	0.74	0.28	0.24	0.75
Net Receivables	0.81	0.84	0.8	-0.17	0.55	0.56		-0.14	-0.73	0.86	0.8	0.76	0.67	0.73	-0.92	0.67	0.93	0.77	0.8	-0.27	0.24	0.69	0.72	0.7	0.71	0.89
Common Stock Shares Outstanding	-0.02	-0.04	-0.02	-0.3	-0.04	-0.04	-0.14		0.47	0.12	-0.01	-0.07	0.03	0.03	-0.02	0.03	0.14	0.08	0.08	-0.04	0.14	0.04	0.07	0.04	0.05	0.12
Long Term Debt Total	-0.84	-0.8	-0.87	0.42	-0.69	-0.69	-0.73	0.47		-0.76	-0.77	-0.78	-0.68	-0.84	0.61	-0.66	-0.71	-0.6	-0.82	0.34	0.41	-0.68	-0.81	-0.68	-0.65	-0.77
Other Current Assets	0.85	0.81	0.89	-0.4	0.81	0.82	0.86	0.12	-0.76		0.77	0.92	0.63	0.85	-0.83	0.62	0.97	0.65	0.98	-0.56	-0.17	0.65	0.93	0.65	0.63	0.99
Total Liab	0.98	0.99	0.95	-0.61	0.44	0.46	0.8	-0.01	-0.77	0.77		0.62	0.96	0.95	-0.78	0.96	0.84	0.97	0.79	-0.04	0.0	0.97	0.73	0.98	0.97	0.83
Total Current Assets	0.74	0.7	0.81	-0.15	0.96	0.96	0.76	-0.07	-0.78	0.92	0.62		0.41	0.74	-0.81	0.4	0.84	0.47	0.9	-0.79	-0.27	0.44	0.81	0.45	0.43	0.88
Intangible Assets	0.92	0.92	0.87	-0.75	0.23	0.24	0.67	0.03	-0.68	0.63	0.96	0.41		0.9	-0.6	1.0	0.71	0.95	0.68	0.2	-0.02	1.0	0.66	1.0	0.99	0.71
Common Stock	0.98	0.95	0.99	-0.7	0.62	0.63	0.73	0.03	-0.84	0.85	0.95	0.74	0.9		-0.71	0.89	0.85	0.85	0.91	-0.23	-0.29	0.91	0.87	0.91	0.88	0.89
Property Plant Equipment	-0.8	-0.84	-0.79	0.06	-0.64	-0.65	-0.92	-0.02	0.61	-0.83	-0.78	-0.81	-0.6	-0.71		-0.6	-0.89	-0.78	-0.75	0.42	-0.29	-0.63	-0.59	-0.65	-0.66	-0.84
Short Long Term Debt Total	0.91	0.92	0.86	-0.74	0.22	0.23	0.67	0.03	-0.66	0.62	0.96	0.4	1.0	0.89	-0.6		0.71	0.95	0.66	0.21	0.01	1.0	0.64	1.0	1.0	0.7
Other Current Liab	0.87	0.87	0.88	-0.4	0.67	0.69	0.93	0.14	-0.71	0.97	0.84	0.84	0.71	0.85	-0.89	0.71		0.77	0.94	-0.39	0.04	0.74	0.87	0.74	0.73	0.99
Property Plant And Equipment Net	0.91	0.95	0.85	-0.53	0.27	0.28	0.77	0.08	-0.6	0.65	0.97	0.47	0.95	0.85	-0.78	0.95	0.77		0.65	0.12	0.23	0.96	0.57	0.96	0.98	0.73
Current Deferred Revenue	0.88	0.83	0.92	-0.52	0.81	0.82	0.8	0.08	-0.82	0.98	0.79	0.9	0.68	0.91	-0.75	0.66	0.94	0.65		-0.53	-0.31	0.69	0.97	0.69	0.66	0.98
Net Debt	-0.2	-0.15	-0.31	-0.23	-0.9	-0.9	-0.27	-0.04	0.34	-0.56	-0.04	-0.79	0.2	-0.23	0.42	0.21	-0.39	0.12	-0.53		0.38	0.17	-0.43	0.16	0.19	-0.45
Accounts Payable	-0.14	-0.01	-0.23	0.45	-0.45	-0.45	0.24	0.14	0.41	-0.17	0.0	-0.27	-0.02	-0.29	-0.29	0.01	0.04	0.23	-0.31	0.38		0.0	-0.42	0.01	0.08	-0.1
Non Current Assets Total	0.93	0.94	0.88	-0.73	0.26	0.27	0.69	0.04	-0.68	0.65	0.97	0.44	1.0	0.91	-0.63	1.0	0.74	0.96	0.69	0.17	0.0		0.67	1.0	1.0	0.73
Other Assets	0.82	0.75	0.86	-0.62	0.73	0.74	0.72	0.07	-0.81	0.93	0.73	0.81	0.66	0.87	-0.59	0.64	0.87	0.57	0.97	-0.43	-0.42	0.67		0.67	0.63	0.93
Non Current Liabilities Total	0.93	0.94	0.88	-0.72	0.26	0.28	0.7	0.04	-0.68	0.65	0.98	0.45	1.0	0.91	-0.65	1.0	0.74	0.96	0.69	0.16	0.01	1.0	0.67		1.0	0.73
Capital Lease Obligations	0.92	0.94	0.86	-0.68	0.23	0.24	0.71	0.05	-0.65	0.63	0.97	0.43	0.99	0.88	-0.66	1.0	0.73	0.98	0.66	0.19	0.08	1.0	0.63	1.0		0.72
Net Invested Capital	0.89	0.87	0.91	-0.45	0.74	0.75	0.89	0.12	-0.77	0.99	0.83	0.88	0.71	0.89	-0.84	0.7	0.99	0.73	0.98	-0.45	-0.1	0.73	0.93	0.73	0.72

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SOCO Retained Earnings vs Accounts Payable Analysis

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

Correlation Coefficient

Retained Earnings

Accounts Payable

SOCO fundamental ratios Correlations

SOCO Account Relationship Matchups

High Positive Relationship

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Additional Tools for SOCO Stock Analysis

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Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 1.0	Intangible Assets
Non Current Assets Total	+ 1.0	Intangible Assets
Non Current Liabilities Total	+ 1.0	Intangible Assets
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total

Property Plant Equipment	- 0.92	Net Receivables
Net Debt	- 0.9	Cash And Short Term Investments
Net Debt	- 0.9	Cash
Other Current Liab	- 0.89	Property Plant Equipment
Long Term Debt Total	- 0.87	Total Stockholder Equity
Net Invested Capital	- 0.84	Property Plant Equipment