Surf Total Liab vs Total Assets Analysis
| SRFM Stock | 2.51 0.46 22.44% |
Surf Air financial indicator trend analysis is much more than just breaking down Surf Air Mobility prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Surf Air Mobility is a good investment. Please check the relationship between Surf Air Total Liab and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surf Air Mobility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Total Liab vs Total Assets
Total Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Surf Air Mobility Total Liab account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Surf Air's Total Liab and Total Assets is 0.51. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Surf Air Mobility, assuming nothing else is changed. The correlation between historical values of Surf Air's Total Liab 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 Liab of Surf Air Mobility 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 Liab i.e., Surf Air's Total Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.51 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Assets
Total assets refers to the total amount of Surf Air 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 Surf Air Mobility 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 Surf Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Surf Air Mobility 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 Surf Air Mobility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 1.73, though Tax Provision is likely to grow to (10.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.1M | 3.2M | 3.0M | 2.7M | Depreciation And Amortization | 1.1M | 1.0M | 3.8M | 2.4M |
Surf Air fundamental ratios Correlations
Click cells to compare fundamentals
Surf Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Passenger Airlines 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 Surf Air. If investors know Surf 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 Surf Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (15.64) | Revenue Per Share 10.839 | Quarterly Revenue Growth 4.225 | Return On Assets (1.78) |
The market value of Surf Air Mobility is measured differently than its book value, which is the value of Surf that is recorded on the company's balance sheet. Investors also form their own opinion of Surf Air's value that differs from its market value or its book value, called intrinsic value, which is Surf Air'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 Surf Air's market value can be influenced by many factors that don't directly affect Surf Air'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 Surf Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Surf Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surf Air'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.