Society Net Receivables vs Other Stockholder Equity Analysis
SOPA Stock | USD 0.99 0.04 4.21% |
Society Pass financial indicator trend analysis is much more than just breaking down Society Pass prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Society Pass is a good investment. Please check the relationship between Society Pass Net Receivables and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Society Pass. 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 information on how to trade Society Stock refer to our How to Trade Society Stock guide.
Net Receivables vs Other Stockholder Equity
Net Receivables vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Society Pass Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Society Pass' Net Receivables and Other Stockholder Equity is 0.91. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Society Pass, assuming nothing else is changed. The correlation between historical values of Society Pass' Net Receivables 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 Net Receivables of Society Pass 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 Net Receivables i.e., Society Pass' Net Receivables and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Other Stockholder Equity
Most indicators from Society Pass' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Society Pass 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 Society Pass. 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 information on how to trade Society Stock refer to our How to Trade Society Stock guide.At present, Society Pass' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 20.1 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.2M | 3.3M | 1.3M | 1.9M | Interest Income | 116.0 | 84.1K | 170.0K | 178.5K |
Society Pass fundamental ratios Correlations
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Society Pass Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Society Pass fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 2.3M | 3.0M | 2.4M | 11.6M | 10.5M | 5.5M | |
Retained Earnings | (8.8M) | (12.6M) | (47.4M) | (81.1M) | (99.3M) | (94.3M) | |
Other Stockholder Equity | (11.8M) | (13.0M) | 79.8M | 101.4M | 104.8M | 110.1M | |
Total Current Assets | 661.6K | 569.1K | 29.6M | 23.0M | 8.1M | 11.5M | |
Common Stock | 685.0 | 742.0 | 2.0K | 2.7K | 3.3K | 1.7K |
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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.When determining whether Society Pass offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Society Pass' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Society Pass Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Society Pass Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Society Pass. 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 information on how to trade Society Stock refer to our How to Trade Society Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Society Pass. If investors know Society will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Society Pass listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.00) | Revenue Per Share 3.318 | Quarterly Revenue Growth (0.22) | Return On Assets (0.48) | Return On Equity (1.91) |
The market value of Society Pass is measured differently than its book value, which is the value of Society that is recorded on the company's balance sheet. Investors also form their own opinion of Society Pass' value that differs from its market value or its book value, called intrinsic value, which is Society Pass' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Society Pass' market value can be influenced by many factors that don't directly affect Society Pass' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Society Pass' value and its price as these two are different measures arrived at by different means. Investors typically determine if Society Pass is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Society Pass' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.