SOS Stock | | | USD 7.79 0.53 6.37% |
SOS financial indicator trend analysis is much more than just breaking down SOS Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SOS Limited is a good investment. Please check the relationship between SOS Net Income and its Total Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SOS Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Net Income vs Total Operating Expenses
Net Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SOS Limited Net Income account and
Total Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between SOS's Net Income and Total Operating Expenses is -0.9. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of SOS Limited, assuming nothing else is changed. The correlation between historical values of SOS's Net Income and Total Operating Expenses 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 Income of SOS Limited are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., SOS's Net Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in SOS Limited financial statement analysis. It represents the amount of money remaining after all of SOS Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from SOS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SOS Limited 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 SOS Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, SOS's
Tax Provision is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 4.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 17
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Operating Expenses | 62.4M | 204.0M | 19.0M | 18.0M | Cost Of Revenue | 336.8M | 270.6M | 78.2M | 90.9M |
SOS fundamental ratios Correlations
Click cells to compare fundamentals
SOS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SOS fundamental ratios Accounts
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Additional Tools for SOS Stock Analysis
When running SOS's price analysis, check to
measure SOS'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 SOS is operating at the current time. Most of SOS's value examination focuses on studying past and present price action to
predict the probability of SOS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOS's price. Additionally, you may evaluate how the addition of SOS to your portfolios can decrease your overall portfolio volatility.