Scisparc Cash Per Share vs Change In Cash Analysis

SPRC Stock  USD 0.23  0.01  4.17%   
Scisparc financial indicator trend analysis is much more than just breaking down Scisparc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scisparc is a good investment. Please check the relationship between Scisparc Cash Per Share and its Change In Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scisparc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Scisparc Stock refer to our How to Trade Scisparc Stock guide.

Cash Per Share vs Change In Cash

Cash Per Share vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scisparc Cash Per Share account and Change In Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Scisparc's Cash Per Share and Change In Cash is 0.34. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Scisparc, assuming nothing else is changed. The correlation between historical values of Scisparc's Cash Per Share and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Scisparc are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Cash Per Share i.e., Scisparc's Cash Per Share and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash Per Share

Change In Cash

Most indicators from Scisparc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scisparc 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 Scisparc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Scisparc Stock refer to our How to Trade Scisparc Stock guide.The current year's Tax Provision is expected to grow to about 23.1 K, whereas Selling General Administrative is forecasted to decline to about 3 M.
 2021 2022 2023 2024 (projected)
Interest Expense12K36K9K8.6K
Depreciation And Amortization33K187K538K564.9K

Scisparc fundamental ratios Correlations

0.11-0.11-0.170.22-0.1-0.630.270.030.6-0.28-0.040.53-0.21-0.02-0.040.42-0.180.38-0.350.28-0.430.350.190.240.32
0.110.60.530.960.0-0.62-0.810.380.670.740.670.790.440.140.52-0.530.520.820.8-0.760.63-0.34-0.590.08-0.25
-0.110.60.580.52-0.17-0.3-0.480.010.270.740.360.30.030.210.01-0.460.570.330.57-0.750.63-0.27-0.110.13-0.28
-0.170.530.580.290.68-0.06-0.560.790.20.660.630.20.290.860.580.01.00.280.41-0.480.25-0.64-0.08-0.4-0.75
0.220.960.520.29-0.22-0.76-0.70.190.780.570.550.880.45-0.10.41-0.560.290.890.75-0.650.57-0.13-0.540.25-0.01
-0.10.0-0.170.68-0.220.29-0.080.87-0.110.120.28-0.130.170.890.630.440.68-0.07-0.160.11-0.3-0.430.07-0.47-0.56
-0.63-0.62-0.3-0.06-0.760.290.22-0.11-0.98-0.01-0.33-0.94-0.390.14-0.260.11-0.05-0.89-0.270.10.03-0.26-0.02-0.35-0.27
0.27-0.81-0.48-0.56-0.7-0.080.22-0.44-0.32-0.74-0.86-0.44-0.45-0.19-0.520.55-0.56-0.54-0.920.75-0.70.740.610.410.63
0.030.380.010.790.190.87-0.11-0.440.30.260.660.290.430.840.810.280.790.350.19-0.07-0.15-0.58-0.06-0.56-0.68
0.60.670.270.20.78-0.11-0.98-0.320.30.060.440.950.480.010.41-0.070.190.920.32-0.11-0.050.14-0.030.220.13
-0.280.740.740.660.570.12-0.01-0.740.260.060.490.210.010.30.24-0.520.660.250.71-0.960.87-0.6-0.64-0.11-0.52
-0.040.670.360.630.550.28-0.33-0.860.660.440.490.540.440.410.65-0.180.630.610.68-0.460.31-0.78-0.22-0.57-0.72
0.530.790.30.20.88-0.13-0.94-0.440.290.950.210.540.46-0.030.48-0.220.20.980.45-0.280.130.03-0.180.250.1
-0.210.440.030.290.450.17-0.39-0.450.430.480.010.440.460.090.59-0.260.290.620.480.010.01-0.02-0.040.04-0.03
-0.020.140.210.86-0.10.890.14-0.190.840.010.30.41-0.030.090.570.340.860.01-0.01-0.07-0.18-0.520.17-0.49-0.69
-0.040.520.010.580.410.63-0.26-0.520.810.410.240.650.480.590.57-0.170.580.580.45-0.14-0.01-0.42-0.19-0.28-0.41
0.42-0.53-0.460.0-0.560.440.110.550.28-0.07-0.52-0.18-0.22-0.260.34-0.170.01-0.3-0.820.66-0.770.090.59-0.27-0.07
-0.180.520.571.00.290.68-0.05-0.560.790.190.660.630.20.290.860.580.010.270.4-0.480.25-0.65-0.08-0.41-0.76
0.380.820.330.280.89-0.07-0.89-0.540.350.920.250.610.980.620.010.58-0.30.270.55-0.310.18-0.03-0.20.210.05
-0.350.80.570.410.75-0.16-0.27-0.920.190.320.710.680.450.48-0.010.45-0.820.40.55-0.780.79-0.52-0.61-0.13-0.38
0.28-0.76-0.75-0.48-0.650.110.10.75-0.07-0.11-0.96-0.46-0.280.01-0.07-0.140.66-0.48-0.31-0.78-0.940.510.690.00.38
-0.430.630.630.250.57-0.30.03-0.7-0.15-0.050.870.310.130.01-0.18-0.01-0.770.250.180.79-0.94-0.41-0.750.06-0.24
0.35-0.34-0.27-0.64-0.13-0.43-0.260.74-0.580.14-0.6-0.780.03-0.02-0.52-0.420.09-0.65-0.03-0.520.51-0.410.340.840.95
0.19-0.59-0.11-0.08-0.540.07-0.020.61-0.06-0.03-0.64-0.22-0.18-0.040.17-0.190.59-0.08-0.2-0.610.69-0.750.340.040.17
0.240.080.13-0.40.25-0.47-0.350.41-0.560.22-0.11-0.570.250.04-0.49-0.28-0.27-0.410.21-0.130.00.060.840.040.88
0.32-0.25-0.28-0.75-0.01-0.56-0.270.63-0.680.13-0.52-0.720.1-0.03-0.69-0.41-0.07-0.760.05-0.380.38-0.240.950.170.88
Click cells to compare fundamentals

Scisparc Account Relationship Matchups

Scisparc fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding6.6M1.4M78.8K176.0K408K387.6K
Total Assets1.2M2.6M9.9M10.6M11.2M11.7M
Other Current Liab7K666K830K3.8M1.3M942.0K
Total Current Liabilities1.0M1.1M1.8M4.2M1.6M1.8M
Total Stockholder Equity14K1.4M8.1M6.4M7.6M8.0M
Property Plant And Equipment Net175K11K92K57K108K102.6K
Net Debt(370K)(1.5M)(6.4M)(3.5M)(2M)(2.1M)
Retained Earnings(51.7M)(55.2M)(61.0M)(63.6M)(68.7M)(72.1M)
Accounts Payable339K277K441K298K264K339.9K
Cash870K1.9M6.9M3.6M2.1M3.0M
Non Current Assets Total199K11K92K6.1M4.7M5.0M
Cash And Short Term Investments870K1.9M6.9M3.6M5.1M3.3M
Net Receivables64K286K2.6M168K287K428.6K
Liabilities And Stockholders Equity1.2M2.6M9.9M10.6M11.2M11.7M
Non Current Liabilities Total94K465K18K1.2M24K22.8K
Other Current Assets11K318K393K100K340K213.2K
Other Stockholder Equity44.9M7.1M10.1M10.9M1.00.95
Total Liab1.1M1.1M1.8M4.2M1.6M1.8M
Total Current Assets955K2.6M9.8M4.5M6.4M4.0M
Common Stock6.3M49.0M58.5M58.6M64.5M67.8M
Non Currrent Assets Other24K(11K)(92K)(6.1M)(5.5M)(5.2M)
Net Tangible Assets14K1.4M8.1M1.7M1.6M2.7M
Net Invested Capital420K1.9M8.6M6.4M7.6M5.5M
Net Working Capital(91K)1.4M8.1M354K4.9M3.3M
Property Plant Equipment175K11K92K57K51.3K48.7K
Short Long Term Debt Total500K465K504K27K76K72.2K
Capital Stock6.3M49.0M58.5M58.6M64.5M44.2M
Short Term Debt406K188K486K27K52K49.4K

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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 Scisparc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Scisparc'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 Scisparc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scisparc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scisparc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Scisparc Stock refer to our How to Trade Scisparc Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Biotechnology 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 Scisparc. If investors know Scisparc 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 Scisparc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.28)
Revenue Per Share
1.357
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.39)
Return On Equity
(0.86)
The market value of Scisparc is measured differently than its book value, which is the value of Scisparc that is recorded on the company's balance sheet. Investors also form their own opinion of Scisparc's value that differs from its market value or its book value, called intrinsic value, which is Scisparc'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 Scisparc's market value can be influenced by many factors that don't directly affect Scisparc'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 Scisparc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scisparc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scisparc'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.