Solid Cash vs Other Stockholder Equity Analysis
SOLI-P Stock | 0.05 0.00 0.00% |
Solid Impact financial indicator trend analysis is much more than just breaking down Solid Impact Investments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solid Impact Investments is a good investment. Please check the relationship between Solid Impact Cash and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid Impact Investments. 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.
Cash vs Other Stockholder Equity
Cash vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid Impact Investments Cash account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Solid Impact's Cash and Other Stockholder Equity is -0.87. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Solid Impact Investments, assuming nothing else is changed. The correlation between historical values of Solid Impact's Cash and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Solid Impact Investments are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., Solid Impact's Cash and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Solid Impact Investments, which is listed under current asset account on Solid Impact Investments balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Solid Impact customers. The amounts must be unrestricted with restricted cash listed in a different Solid Impact account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Stockholder Equity
Most indicators from Solid Impact's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solid Impact Investments 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 Impact Investments. 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. The current year's Selling General Administrative is expected to grow to about 66.6 K, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
Solid Impact fundamental ratios Correlations
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Solid Impact Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Other Information on Investing in Solid Stock
Balance Sheet is a snapshot of the financial position of Solid Impact Investments at a specified time, usually calculated after every quarter, six months, or one year. Solid Impact Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Solid Impact 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 Solid currently owns. An asset can also be divided into two categories, current and non-current.