SPoT Net Receivables vs Non Currrent Assets Other Analysis

SPP Stock  CAD 0.01  0.00  0.00%   
SPoT Coffee financial indicator trend analysis is much more than just breaking down SPoT Coffee prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPoT Coffee is a good investment. Please check the relationship between SPoT Coffee Net Receivables and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPoT Coffee. 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.

Net Receivables vs Non Currrent Assets Other

Net Receivables vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPoT Coffee Net Receivables account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SPoT Coffee's Net Receivables and Non Currrent Assets Other is -0.5. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of SPoT Coffee, assuming nothing else is changed. The correlation between historical values of SPoT Coffee's Net Receivables and Non Currrent Assets Other 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 SPoT Coffee are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., SPoT Coffee's Net Receivables and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Receivables

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from SPoT Coffee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPoT Coffee 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 SPoT Coffee. 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.
Issuance Of Capital Stock is likely to climb to about 189.4 K in 2024, whereas Discontinued Operations is likely to drop (493.5 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.5M5.5M6.3M3.4M
Total Revenue6.2M8.0M9.0M6.3M

SPoT Coffee fundamental ratios Correlations

0.390.080.14-0.66-0.010.180.30.150.150.55-0.190.24-0.46-0.230.410.550.60.340.130.60.5-0.090.440.38-0.19
0.390.52-0.250.03-0.33-0.330.3-0.37-0.560.43-0.210.41-0.16-0.190.480.810.330.590.49-0.010.46-0.350.510.45-0.21
0.080.52-0.890.27-0.88-0.910.88-0.8-0.880.54-0.330.54-0.16-0.690.90.30.24-0.230.91-0.430.78-0.810.860.79-0.33
0.14-0.25-0.89-0.380.980.96-0.760.790.8-0.440.35-0.40.290.72-0.830.04-0.050.52-0.770.38-0.720.73-0.79-0.780.35
-0.660.030.27-0.38-0.27-0.360.09-0.28-0.450.04-0.270.30.050.2-0.03-0.29-0.19-0.230.08-0.57-0.140.08-0.13-0.02-0.27
-0.01-0.33-0.880.98-0.270.94-0.750.750.79-0.510.38-0.440.370.77-0.87-0.03-0.140.46-0.780.28-0.780.74-0.86-0.840.38
0.18-0.33-0.910.96-0.360.94-0.720.850.9-0.450.34-0.450.140.75-0.77-0.03-0.120.4-0.860.53-0.680.83-0.78-0.790.34
0.30.30.88-0.760.09-0.75-0.72-0.66-0.630.67-0.370.52-0.19-0.690.90.190.44-0.370.8-0.310.73-0.720.80.73-0.37
0.15-0.37-0.80.79-0.280.750.85-0.660.84-0.420.33-0.44-0.10.78-0.65-0.04-0.150.33-0.830.48-0.550.86-0.66-0.680.33
0.15-0.56-0.880.8-0.450.790.9-0.630.84-0.510.42-0.63-0.070.6-0.66-0.24-0.260.08-0.840.61-0.570.77-0.67-0.710.42
0.550.430.54-0.440.04-0.51-0.450.67-0.42-0.51-0.790.62-0.36-0.560.630.320.880.010.57-0.150.61-0.50.640.78-0.79
-0.19-0.21-0.330.35-0.270.380.34-0.370.330.42-0.79-0.310.240.41-0.33-0.15-0.7-0.02-0.380.26-0.340.33-0.35-0.621.0
0.240.410.54-0.40.3-0.44-0.450.52-0.44-0.630.62-0.31-0.05-0.320.490.040.45-0.090.53-0.260.47-0.40.480.5-0.31
-0.46-0.16-0.160.290.050.370.14-0.19-0.1-0.07-0.360.24-0.050.18-0.45-0.09-0.060.15-0.06-0.56-0.58-0.05-0.45-0.450.24
-0.23-0.19-0.690.720.20.770.75-0.690.780.6-0.560.41-0.320.18-0.78-0.04-0.340.4-0.820.17-0.780.92-0.85-0.870.41
0.410.480.9-0.83-0.03-0.87-0.770.9-0.65-0.660.63-0.330.49-0.45-0.780.320.33-0.260.84-0.060.93-0.750.970.88-0.33
0.550.810.30.04-0.29-0.03-0.030.19-0.04-0.240.32-0.150.04-0.09-0.040.320.40.80.280.140.34-0.180.340.28-0.15
0.60.330.24-0.05-0.19-0.14-0.120.44-0.15-0.260.88-0.70.45-0.06-0.340.330.40.250.34-0.160.29-0.330.350.5-0.7
0.340.59-0.230.52-0.230.460.4-0.370.330.080.01-0.02-0.090.150.4-0.260.80.25-0.190.2-0.160.26-0.2-0.17-0.02
0.130.490.91-0.770.08-0.78-0.860.8-0.83-0.840.57-0.380.53-0.06-0.820.840.280.34-0.19-0.470.77-0.950.870.83-0.38
0.6-0.01-0.430.38-0.570.280.53-0.310.480.61-0.150.26-0.26-0.560.17-0.060.14-0.160.2-0.470.120.44-0.04-0.120.26
0.50.460.78-0.72-0.14-0.78-0.680.73-0.55-0.570.61-0.340.47-0.58-0.780.930.340.29-0.160.770.12-0.70.960.91-0.34
-0.09-0.35-0.810.730.080.740.83-0.720.860.77-0.50.33-0.4-0.050.92-0.75-0.18-0.330.26-0.950.44-0.7-0.82-0.810.33
0.440.510.86-0.79-0.13-0.86-0.780.8-0.66-0.670.64-0.350.48-0.45-0.850.970.340.35-0.20.87-0.040.96-0.820.94-0.35
0.380.450.79-0.78-0.02-0.84-0.790.73-0.68-0.710.78-0.620.5-0.45-0.870.880.280.5-0.170.83-0.120.91-0.810.94-0.62
-0.19-0.21-0.330.35-0.270.380.34-0.370.330.42-0.791.0-0.310.240.41-0.33-0.15-0.7-0.02-0.380.26-0.340.33-0.35-0.62
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SPoT Coffee Account Relationship Matchups

SPoT Coffee fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4M3.6M4.2M6.1M7.0M4.1M
Other Current Liab268.1K356.4K435.4K474.5K545.7K403.7K
Total Current Liabilities4.8M6.3M4.7M6.7M7.7M4.6M
Total Stockholder Equity(3.1M)(5.3M)(4.0M)(4.7M)(4.3M)(4.0M)
Net Tangible Assets(1.3M)(917.2K)(3.1M)(5.3M)(4.8M)(4.6M)
Retained Earnings(18.0M)(20.5M)(20.0M)(20.8M)(18.7M)(19.6M)
Accounts Payable1.3M1.7M1.1M2.3M2.7M1.4M
Net Receivables435.9K137.1K622.8K1.8M2.1M2.2M
Inventory141.2K28.8K170.9K183.8K211.4K137.6K
Other Stockholder Equity1.4M713.4K285.5K454.2K408.8K388.3K
Total Liab7.7M9.4M7.8M10.4M12.0M6.8M
Short Long Term Debt2.1M3.0M1.9M2.8M3.2M2.3M
Total Current Assets662.2K586.0K1.3M2.6M2.9M3.1M
Property Plant Equipment1.2M865.8K2.7M2.2M2.0M1.6M
Non Current Assets Total3.8M3.0M3.0M3.5M4.1M2.7M
Non Current Liabilities Total2.9M3.1M3.1M3.7M4.3M2.2M
Capital Lease Obligations3.7M3.0M3.6M4.3M4.9M5.2M
Net Debt2.1M3.9M2.2M3.0M3.5M2.7M
Net Invested Capital(1.0M)(1.5M)(1.7M)(1.7M)(1.6M)(1.5M)
Net Working Capital(4.2M)(5.7M)(3.4M)(4.1M)(3.7M)(3.9M)

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