Solid Total Assets vs Operating Income 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 Total Assets and its Operating Income 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.
Total Assets vs Operating Income
Total Assets vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid Impact Investments Total Assets account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Solid Impact's Total Assets and Operating Income is 0.51. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Operating Income 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 Total Assets and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Solid Impact Investments are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Assets i.e., Solid Impact's Total Assets and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.51 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Solid Impact 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 Impact Investments 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.Operating Income
Operating Income is the amount of profit realized from Solid Impact Investments operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Solid Impact Investments is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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.