Sparx Selling General Administrative vs Property Plant Equipment Analysis

SPRX Stock   25.92  0.42  1.59%   
Sparx Technology financial indicator trend analysis is much more than just breaking down Sparx Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sparx Technology is a good investment. Please check the relationship between Sparx Technology Selling General Administrative and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sparx Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Selling General Administrative vs Property Plant Equipment

Selling General Administrative vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sparx Technology Selling General Administrative account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sparx Technology's Selling General Administrative and Property Plant Equipment is 0.42. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Sparx Technology, assuming nothing else is changed. The correlation between historical values of Sparx Technology's Selling General Administrative and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Sparx Technology are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Selling General Administrative i.e., Sparx Technology's Selling General Administrative and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Property Plant Equipment

Most indicators from Sparx Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sparx Technology 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 Sparx Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Selling General Administrative is likely to climb to about 2.1 M in 2024, whereas Discontinued Operations is likely to drop (60.4 K) in 2024.
 2010 2022 2023 2024 (projected)
Reconciled Depreciation1.4K1.7K2.0K1.7K
Total Operating Expenses3.2M2.3M2.1M2.2M

Sparx Technology fundamental ratios Correlations

0.64-0.640.77-0.19-0.020.37-0.86-0.41-0.87-0.050.70.710.670.70.67-0.740.37-0.74-0.740.7-0.660.370.70.370.37
0.64-1.00.97-0.42-0.480.54-0.9-0.39-0.890.710.730.720.720.730.72-0.690.54-0.69-0.690.73-0.660.540.730.540.54
-0.64-1.0-0.970.450.46-0.550.90.370.89-0.71-0.74-0.74-0.73-0.74-0.730.71-0.550.710.71-0.740.67-0.55-0.74-0.55-0.55
0.770.97-0.97-0.4-0.330.56-0.96-0.36-0.950.560.810.820.780.820.78-0.770.56-0.77-0.770.82-0.690.560.820.560.56
-0.19-0.420.45-0.4-0.34-0.480.38-0.60.38-0.51-0.73-0.73-0.73-0.73-0.730.79-0.480.790.8-0.730.78-0.48-0.73-0.48-0.48
-0.02-0.480.46-0.33-0.340.180.180.80.17-0.430.250.250.240.250.24-0.240.18-0.24-0.240.25-0.220.180.250.180.18
0.370.54-0.550.56-0.480.18-0.680.13-0.680.580.740.710.840.740.84-0.581.0-0.58-0.610.72-0.781.00.721.01.0
-0.86-0.90.9-0.960.380.18-0.680.341.0-0.44-0.86-0.85-0.86-0.86-0.860.81-0.680.810.81-0.850.79-0.68-0.85-0.68-0.68
-0.41-0.390.37-0.36-0.60.80.130.340.340.010.190.190.180.190.18-0.180.13-0.18-0.180.19-0.160.130.190.130.13
-0.87-0.890.89-0.950.380.17-0.681.00.34-0.43-0.86-0.85-0.86-0.86-0.860.81-0.680.810.81-0.850.79-0.68-0.85-0.68-0.68
-0.050.71-0.710.56-0.51-0.430.58-0.440.01-0.430.440.420.490.440.49-0.330.58-0.33-0.350.43-0.430.580.430.580.58
0.70.73-0.740.81-0.730.250.74-0.860.19-0.860.441.00.981.00.98-0.960.74-0.95-0.961.0-0.90.741.00.740.74
0.710.72-0.740.82-0.730.250.71-0.850.19-0.850.421.00.971.00.97-0.960.71-0.96-0.961.0-0.890.711.00.710.71
0.670.72-0.730.78-0.730.240.84-0.860.18-0.860.490.980.970.981.0-0.930.84-0.93-0.940.98-0.950.840.980.840.84
0.70.73-0.740.82-0.730.250.74-0.860.19-0.860.441.01.00.980.98-0.960.74-0.96-0.961.0-0.90.741.00.740.74
0.670.72-0.730.78-0.730.240.84-0.860.18-0.860.490.980.971.00.98-0.930.84-0.93-0.940.98-0.950.840.980.840.84
-0.74-0.690.71-0.770.79-0.24-0.580.81-0.180.81-0.33-0.96-0.96-0.93-0.96-0.93-0.581.01.0-0.960.92-0.58-0.96-0.58-0.58
0.370.54-0.550.56-0.480.181.0-0.680.13-0.680.580.740.710.840.740.84-0.58-0.58-0.610.72-0.781.00.721.01.0
-0.74-0.690.71-0.770.79-0.24-0.580.81-0.180.81-0.33-0.95-0.96-0.93-0.96-0.931.0-0.581.0-0.960.92-0.58-0.96-0.58-0.58
-0.74-0.690.71-0.770.8-0.24-0.610.81-0.180.81-0.35-0.96-0.96-0.94-0.96-0.941.0-0.611.0-0.960.94-0.61-0.96-0.61-0.61
0.70.73-0.740.82-0.730.250.72-0.850.19-0.850.431.01.00.981.00.98-0.960.72-0.96-0.96-0.890.721.00.720.72
-0.66-0.660.67-0.690.78-0.22-0.780.79-0.160.79-0.43-0.9-0.89-0.95-0.9-0.950.92-0.780.920.94-0.89-0.78-0.89-0.78-0.78
0.370.54-0.550.56-0.480.181.0-0.680.13-0.680.580.740.710.840.740.84-0.581.0-0.58-0.610.72-0.780.721.01.0
0.70.73-0.740.82-0.730.250.72-0.850.19-0.850.431.01.00.981.00.98-0.960.72-0.96-0.961.0-0.890.720.720.72
0.370.54-0.550.56-0.480.181.0-0.680.13-0.680.580.740.710.840.740.84-0.581.0-0.58-0.610.72-0.781.00.721.0
0.370.54-0.550.56-0.480.181.0-0.680.13-0.680.580.740.710.840.740.84-0.581.0-0.58-0.610.72-0.781.00.721.0
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Sparx Technology Account Relationship Matchups

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