Scisparc Ebitda vs Net Income Analysis
| SPRC Stock | USD 0.25 0.04 13.79% |
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 Ebitda and its Net Income 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.
Ebitda vs Net Income
Ebitda vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scisparc Ebitda account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Scisparc's Ebitda and Net Income is 0.93. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Scisparc, assuming nothing else is changed. The correlation between historical values of Scisparc's Ebitda and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Scisparc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Scisparc's Ebitda and Net Income go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Ebitda
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Scisparc financial statement analysis. It represents the amount of money remaining after all of Scisparc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Expense | 12K | 36K | 9K | 8.6K | Depreciation And Amortization | 33K | 187K | 538K | 564.9K |
Scisparc fundamental ratios Correlations
Click cells to compare fundamentals
Scisparc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scisparc fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 6.6M | 1.4M | 78.8K | 176.0K | 408K | 387.6K | |
| Total Assets | 1.2M | 2.6M | 9.9M | 10.6M | 11.2M | 11.7M | |
| Other Current Liab | 7K | 666K | 830K | 3.8M | 1.3M | 942.0K | |
| Total Current Liabilities | 1.0M | 1.1M | 1.8M | 4.2M | 1.6M | 1.8M | |
| Total Stockholder Equity | 14K | 1.4M | 8.1M | 6.4M | 7.6M | 8.0M | |
| Property Plant And Equipment Net | 175K | 11K | 92K | 57K | 108K | 102.6K | |
| 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 Payable | 339K | 277K | 441K | 298K | 264K | 339.9K | |
| Cash | 870K | 1.9M | 6.9M | 3.6M | 2.1M | 3.0M | |
| Non Current Assets Total | 199K | 11K | 92K | 6.1M | 4.7M | 5.0M | |
| Cash And Short Term Investments | 870K | 1.9M | 6.9M | 3.6M | 5.1M | 3.3M | |
| Net Receivables | 64K | 286K | 2.6M | 168K | 287K | 428.6K | |
| Liabilities And Stockholders Equity | 1.2M | 2.6M | 9.9M | 10.6M | 11.2M | 11.7M | |
| Non Current Liabilities Total | 94K | 465K | 18K | 1.2M | 24K | 22.8K | |
| Other Current Assets | 11K | 318K | 393K | 100K | 340K | 213.2K | |
| Other Stockholder Equity | 44.9M | 7.1M | 10.1M | 10.9M | 1.0 | 0.95 | |
| Total Liab | 1.1M | 1.1M | 1.8M | 4.2M | 1.6M | 1.8M | |
| Total Current Assets | 955K | 2.6M | 9.8M | 4.5M | 6.4M | 4.0M | |
| Common Stock | 6.3M | 49.0M | 58.5M | 58.6M | 64.5M | 67.8M | |
| Non Currrent Assets Other | 24K | (11K) | (92K) | (6.1M) | (5.5M) | (5.2M) | |
| Net Tangible Assets | 14K | 1.4M | 8.1M | 1.7M | 1.6M | 2.7M | |
| Net Invested Capital | 420K | 1.9M | 8.6M | 6.4M | 7.6M | 5.5M | |
| Net Working Capital | (91K) | 1.4M | 8.1M | 354K | 4.9M | 3.3M | |
| Property Plant Equipment | 175K | 11K | 92K | 57K | 51.3K | 48.7K | |
| Short Long Term Debt Total | 500K | 465K | 504K | 27K | 76K | 72.2K | |
| Capital Stock | 6.3M | 49.0M | 58.5M | 58.6M | 64.5M | 44.2M | |
| Short Term Debt | 406K | 188K | 486K | 27K | 52K | 49.4K |
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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.