Sparx Total Revenue vs Non Current Liabilities Total 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 Total Revenue and its Non Current Liabilities Total 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.

Total Revenue vs Non Current Liabilities Total

Total Revenue vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sparx Technology Total Revenue account and Non Current Liabilities Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Sparx Technology's Total Revenue and Non Current Liabilities Total is -0.97. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Current Liabilities Total 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 Total Revenue and Non Current Liabilities Total 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 Sparx Technology are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Revenue i.e., Sparx Technology's Total Revenue and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Sparx Technology 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.

Non Current Liabilities Total

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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Additional Tools for Sparx Stock Analysis

When running Sparx Technology's price analysis, check to measure Sparx Technology'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 Sparx Technology is operating at the current time. Most of Sparx Technology's value examination focuses on studying past and present price action to predict the probability of Sparx Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparx Technology's price. Additionally, you may evaluate how the addition of Sparx Technology to your portfolios can decrease your overall portfolio volatility.