Sacks Other Assets vs Net Debt Analysis

SPGC Stock   1.66  0.03  1.78%   
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 Other Assets and its Net Debt 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.

Other Assets vs Net Debt

Other Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sacks Parente Golf, Other Assets account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sacks Parente's Other Assets and Net Debt is 0.93. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Debt 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 Other Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Sacks Parente Golf, are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Assets i.e., Sacks Parente's Other Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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
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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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.