Sacks Accounts Payable vs Total Assets Analysis

SPGC Stock   1.63  0.01  0.62%   
Sacks Parente financial indicator trend analysis is much more than just breaking down Sacks Parente Golf, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sacks Parente Golf, is a good investment. Please check the relationship between Sacks Parente Accounts Payable and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sacks Parente Golf,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sacks Parente Golf, Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Sacks Parente's Accounts Payable and Total Assets is 1.0. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sacks Parente Golf,, assuming nothing else is changed. The correlation between historical values of Sacks Parente's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Sacks Parente Golf, are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Sacks Parente's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Sacks Parente obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sacks Parente Golf, are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Sacks Parente 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 Sacks Parente Golf, 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.
Most indicators from Sacks Parente's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sacks Parente Golf, 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 Sacks Parente Golf,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
The current year's Issuance Of Capital Stock is expected to grow to about 11.8 M, whereas Selling General Administrative is forecasted to decline to about 1.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense8K64K8M8.4M
Depreciation And Amortization294K11K58K55.1K

Sacks Parente fundamental ratios Correlations

-0.98-0.52-0.270.99-0.450.01-1.0-0.961.01.00.92-0.04-0.950.711.00.99-0.98-0.910.811.01.0-0.660.990.691.0
-0.980.560.31-0.980.280.050.980.93-0.99-0.98-0.880.070.92-0.59-0.98-0.940.960.95-0.85-0.96-0.970.71-0.97-0.66-0.98
-0.520.560.96-0.63-0.350.850.560.26-0.49-0.56-0.140.860.540.04-0.56-0.540.560.3-0.25-0.45-0.450.98-0.640.15-0.56
-0.270.310.96-0.4-0.480.960.32-0.01-0.23-0.320.130.970.310.23-0.32-0.310.320.020.01-0.2-0.190.89-0.410.4-0.31
0.99-0.98-0.63-0.4-0.35-0.12-1.0-0.910.981.00.86-0.17-0.950.641.00.98-0.98-0.880.780.980.98-0.751.00.61.0
-0.450.28-0.35-0.48-0.35-0.650.40.6-0.42-0.42-0.64-0.570.42-0.86-0.42-0.50.420.35-0.29-0.53-0.5-0.26-0.35-0.62-0.43
0.010.050.850.96-0.12-0.650.04-0.280.05-0.040.40.990.050.47-0.04-0.030.05-0.230.240.080.090.74-0.140.61-0.03
-1.00.980.560.32-1.00.40.040.95-0.99-1.0-0.890.090.93-0.69-1.0-0.990.980.91-0.82-0.99-0.990.7-0.99-0.67-1.0
-0.960.930.26-0.01-0.910.6-0.280.95-0.97-0.94-0.99-0.240.88-0.83-0.94-0.940.920.94-0.87-0.98-0.980.43-0.91-0.85-0.95
1.0-0.99-0.49-0.230.98-0.420.05-0.99-0.970.990.930.01-0.940.690.990.97-0.98-0.950.840.991.0-0.630.980.710.99
1.0-0.98-0.56-0.321.0-0.42-0.04-1.0-0.940.990.89-0.09-0.950.691.00.99-0.99-0.90.790.990.99-0.691.00.651.0
0.92-0.88-0.140.130.86-0.640.4-0.89-0.990.930.890.36-0.850.820.890.88-0.88-0.940.850.940.95-0.310.850.870.9
-0.040.070.860.97-0.17-0.570.990.09-0.240.01-0.090.360.090.38-0.09-0.10.1-0.210.220.030.040.75-0.190.58-0.08
-0.950.920.540.31-0.950.420.050.930.88-0.94-0.95-0.850.09-0.56-0.95-0.940.990.85-0.61-0.94-0.940.66-0.95-0.49-0.95
0.71-0.590.040.230.64-0.860.47-0.69-0.830.690.690.820.38-0.560.690.75-0.63-0.610.680.770.75-0.070.640.850.7
1.0-0.98-0.56-0.321.0-0.42-0.04-1.0-0.940.991.00.89-0.09-0.950.690.99-0.99-0.90.790.990.99-0.691.00.651.0
0.99-0.94-0.54-0.310.98-0.5-0.03-0.99-0.940.970.990.88-0.1-0.940.750.99-0.98-0.850.750.990.98-0.670.990.640.99
-0.980.960.560.32-0.980.420.050.980.92-0.98-0.99-0.880.10.99-0.63-0.99-0.980.88-0.71-0.98-0.980.69-0.98-0.57-0.99
-0.910.950.30.02-0.880.35-0.230.910.94-0.95-0.9-0.94-0.210.85-0.61-0.9-0.850.88-0.9-0.91-0.930.48-0.87-0.79-0.9
0.81-0.85-0.250.010.78-0.290.24-0.82-0.870.840.790.850.22-0.610.680.790.75-0.71-0.90.810.83-0.40.770.890.8
1.0-0.96-0.45-0.20.98-0.530.08-0.99-0.980.990.990.940.03-0.940.770.990.99-0.98-0.910.811.0-0.590.970.730.99
1.0-0.97-0.45-0.190.98-0.50.09-0.99-0.981.00.990.950.04-0.940.750.990.98-0.98-0.930.831.0-0.590.970.740.99
-0.660.710.980.89-0.75-0.260.740.70.43-0.63-0.69-0.310.750.66-0.07-0.69-0.670.690.48-0.4-0.59-0.59-0.76-0.01-0.69
0.99-0.97-0.64-0.411.0-0.35-0.14-0.99-0.910.981.00.85-0.19-0.950.641.00.99-0.98-0.870.770.970.97-0.760.590.99
0.69-0.660.150.40.6-0.620.61-0.67-0.850.710.650.870.58-0.490.850.650.64-0.57-0.790.890.730.74-0.010.590.66
1.0-0.98-0.56-0.311.0-0.43-0.03-1.0-0.950.991.00.9-0.08-0.950.71.00.99-0.99-0.90.80.990.99-0.690.990.66
Click cells to compare fundamentals

Sacks Parente Account Relationship Matchups

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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 Sacks Parente Golf, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sacks Parente's 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 Sacks Parente Golf, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sacks Parente Golf, Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sacks Parente Golf,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Leisure Products 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 Sacks Parente. If investors know Sacks 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 Sacks Parente listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.70)
Revenue Per Share
0.973
Quarterly Revenue Growth
16.298
Return On Assets
(1.41)
Return On Equity
(17.71)
The market value of Sacks Parente Golf, is measured differently than its book value, which is the value of Sacks that is recorded on the company's balance sheet. Investors also form their own opinion of Sacks Parente's value that differs from its market value or its book value, called intrinsic value, which is Sacks Parente's 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 Sacks Parente's market value can be influenced by many factors that don't directly affect Sacks Parente's 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 Sacks Parente's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sacks Parente is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sacks Parente's 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.