Secure Interest Income vs Selling General Administrative Analysis

SPDI Stock   4.50  0.00  0.00%   
Secure Property financial indicator trend analysis is much more than just breaking down Secure Property Deve prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Secure Property Deve is a good investment. Please check the relationship between Secure Property Interest Income and its Selling General Administrative accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Secure Property Development. 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.

Interest Income vs Selling General Administrative

Interest Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secure Property Deve Interest Income account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Secure Property's Interest Income and Selling General Administrative is 0.28. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Secure Property Development, assuming nothing else is changed. The correlation between historical values of Secure Property's Interest Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Secure Property Development are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Interest Income i.e., Secure Property's Interest Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Selling General Administrative

Most indicators from Secure Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Secure Property Deve 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 Secure Property Development. 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.
Selling General Administrative is likely to gain to about 1.4 M in 2024, whereas Tax Provision is likely to drop 2,312 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense184.6K192.4K63.0K59.8K
Depreciation And Amortization1.5K7.3K792.0752.4

Secure Property fundamental ratios Correlations

0.090.770.880.570.82-0.370.510.080.770.780.770.080.310.810.290.680.970.19-0.320.83-0.360.350.80.690.51
0.090.510.02-0.46-0.41-0.020.26-0.24-0.56-0.49-0.46-0.240.72-0.350.660.050.040.97-0.33-0.44-0.320.55-0.37-0.440.24
0.770.510.640.330.46-0.190.5-0.080.340.350.36-0.080.490.340.290.420.760.55-0.250.45-0.310.50.320.520.47
0.880.020.640.530.63-0.460.340.370.670.670.60.370.160.630.230.770.760.18-0.040.67-0.40.20.610.60.68
0.57-0.460.330.530.75-0.14-0.010.050.780.650.650.05-0.370.63-0.370.330.61-0.410.220.760.32-0.240.610.80.28
0.82-0.410.460.630.75-0.250.36-0.040.970.960.96-0.04-0.030.95-0.130.470.89-0.35-0.280.99-0.130.140.940.840.22
-0.37-0.02-0.19-0.46-0.14-0.25-0.71-0.03-0.31-0.3-0.23-0.03-0.46-0.32-0.41-0.92-0.3-0.050.03-0.250.37-0.48-0.32-0.09-0.77
0.510.260.50.34-0.010.36-0.71-0.30.290.30.3-0.30.720.360.520.680.50.26-0.440.32-0.310.750.370.170.5
0.08-0.24-0.080.370.05-0.04-0.03-0.30.150.16-0.061.0-0.21-0.04-0.20.16-0.05-0.130.450.07-0.13-0.36-0.040.210.15
0.77-0.560.340.670.780.97-0.310.290.150.970.940.15-0.150.91-0.210.530.8-0.48-0.110.98-0.10.00.910.860.28
0.78-0.490.350.670.650.96-0.30.30.160.970.960.16-0.050.93-0.160.520.82-0.42-0.230.97-0.30.090.930.820.25
0.77-0.460.360.60.650.96-0.230.3-0.060.940.96-0.06-0.090.92-0.130.450.82-0.39-0.260.95-0.250.070.930.780.2
0.08-0.24-0.080.370.05-0.04-0.03-0.31.00.150.16-0.06-0.21-0.04-0.20.16-0.05-0.130.450.07-0.13-0.36-0.040.210.15
0.310.720.490.16-0.37-0.03-0.460.72-0.21-0.15-0.05-0.09-0.210.050.610.440.30.66-0.61-0.06-0.60.890.04-0.20.43
0.81-0.350.340.630.630.95-0.320.36-0.040.910.930.92-0.040.050.060.530.86-0.28-0.420.94-0.230.221.00.650.2
0.290.660.290.23-0.37-0.13-0.410.52-0.2-0.21-0.16-0.13-0.20.610.060.420.20.73-0.33-0.15-0.310.510.06-0.430.25
0.680.050.420.770.330.47-0.920.680.160.530.520.450.160.440.530.420.580.13-0.080.49-0.450.450.530.320.85
0.970.040.760.760.610.89-0.30.5-0.050.80.820.82-0.050.30.860.20.580.1-0.410.88-0.30.380.850.720.39
0.190.970.550.18-0.41-0.35-0.050.26-0.13-0.48-0.42-0.39-0.130.66-0.280.730.130.1-0.28-0.37-0.340.51-0.31-0.390.28
-0.32-0.33-0.25-0.040.22-0.280.03-0.440.45-0.11-0.23-0.260.45-0.61-0.42-0.33-0.08-0.41-0.28-0.230.46-0.74-0.430.110.05
0.83-0.440.450.670.760.99-0.250.320.070.980.970.950.07-0.060.94-0.150.490.88-0.37-0.23-0.150.10.940.860.23
-0.36-0.32-0.31-0.40.32-0.130.37-0.31-0.13-0.1-0.3-0.25-0.13-0.6-0.23-0.31-0.45-0.3-0.340.46-0.15-0.58-0.230.01-0.43
0.350.550.50.2-0.240.14-0.480.75-0.360.00.090.07-0.360.890.220.510.450.380.51-0.740.1-0.580.21-0.10.38
0.8-0.370.320.610.610.94-0.320.37-0.040.910.930.93-0.040.041.00.060.530.85-0.31-0.430.94-0.230.210.640.2
0.69-0.440.520.60.80.84-0.090.170.210.860.820.780.21-0.20.65-0.430.320.72-0.390.110.860.01-0.10.640.24
0.510.240.470.680.280.22-0.770.50.150.280.250.20.150.430.20.250.850.390.280.050.23-0.430.380.20.24
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Secure Property Account Relationship Matchups

Secure Property fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.5M55.6M53.2M30.1M28.2M26.8M
Other Current Liab25.5M21.3M20.2M14.6M8.4M8.1M
Total Current Liabilities26.0M24.3M22.4M14.8M9.4M17.7M
Total Stockholder Equity29.4M23.7M23.3M13.1M18.7M24.2M
Net Debt1.4M3.3M870.0K1.4M832.9K791.3K
Retained Earnings(53.9M)(58.4M)(58.9M)(68.6M)(62.1M)(65.2M)
Cash207.3K129.9K2.2M66.6K152.2K144.6K
Non Current Assets Total3.6M6.8M7.5M12.1M11.7M11.1M
Non Currrent Assets Other3.6M6.8M7.5M12.1M11.7M11.1M
Cash And Short Term Investments207.3K129.9K2.2M66.6K152.2K144.6K
Common Stock Shares Outstanding103.3M125.6M127.3M129.2M129.1M67.2M
Liabilities And Stockholders Equity64.5M55.6M53.2M30.1M28.2M26.8M
Non Current Liabilities Total1.6M1.7M1.8M1.9M17.2K16.3K
Other Current Assets53.9M41.8M39.0M18.0M16.4M17.6M
Other Stockholder Equity82.0M80.9M80.9M80.4M79.5M80.0M
Total Liab27.7M26.0M24.2M16.7M9.4M9.0M
Total Current Assets60.9M48.8M45.7M18.1M16.5M22.2M
Common Stock1.0M1.3M1.3M1.3M1.2M1.4M
Short Long Term Debt Total1.6M3.4M3.0M1.4M985.2K935.9K
Property Plant And Equipment Net566.02.9K1.6K816.0164.0155.8
Short Term Debt577.5K2.3M1.9M99.0K985.2K935.9K

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