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 Total Revenue and its Total Assets 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.
Total Revenue vs Total Assets
Total Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SPoT Coffee Total Revenue account and
Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SPoT Coffee's Total Revenue and Total Assets is -0.2. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets 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 Total Revenue 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 Total Revenue of SPoT Coffee 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 Total Revenue i.e., SPoT Coffee's Total Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts SPoT Coffee generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Total Assets
Total assets refers to the total amount of SPoT Coffee 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 SPoT Coffee 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 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 Profit | 4.5M | 5.5M | 6.3M | 3.4M | Total Revenue | 6.2M | 8.0M | 9.0M | 6.3M |
SPoT Coffee fundamental ratios Correlations
Click cells to compare fundamentals
SPoT Coffee Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SPoT Coffee fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for SPoT Stock Analysis
When running SPoT Coffee's price analysis, check to
measure SPoT Coffee'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 SPoT Coffee is operating at the current time. Most of SPoT Coffee's value examination focuses on studying past and present price action to
predict the probability of SPoT Coffee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPoT Coffee's price. Additionally, you may evaluate how the addition of SPoT Coffee to your portfolios can decrease your overall portfolio volatility.