Seraphim Other Current Assets vs Net Receivables Analysis

SSIT Stock   59.90  0.10  0.17%   
Seraphim Space financial indicator trend analysis is much more than just breaking down Seraphim Space Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seraphim Space Investment is a good investment. Please check the relationship between Seraphim Space Other Current Assets and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seraphim Space Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seraphim Space Investment Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Seraphim Space's Other Current Assets and Net Receivables is -0.87. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Seraphim Space Investment, assuming nothing else is changed. The correlation between historical values of Seraphim Space's Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Seraphim Space Investment are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Seraphim Space's Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

Most indicators from Seraphim Space's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seraphim Space Investment 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 Seraphim Space Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 1.3 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2010 2022 2023 2024 (projected)
Interest Income84K260K582K339.5K
Net Interest Income84K260K582K339.5K

Seraphim Space fundamental ratios Correlations

-0.830.831.0-0.840.750.830.8-0.90.770.80.770.920.83-0.850.920.83-0.90.80.910.910.91
-0.83-1.0-0.780.99-0.97-1.0-0.990.79-0.78-0.99-0.99-0.55-1.00.93-0.54-1.00.79-0.99-0.74-0.74-0.74
0.83-1.00.79-0.990.961.00.99-0.790.790.990.990.561.0-0.930.551.0-0.790.990.740.740.74
1.0-0.780.79-0.80.70.780.76-0.90.750.760.720.950.79-0.820.940.79-0.90.760.910.910.91
-0.840.99-0.99-0.8-0.91-0.99-1.00.86-0.87-1.0-0.96-0.6-0.990.97-0.59-0.990.86-1.0-0.81-0.81-0.81
0.75-0.970.960.7-0.910.970.92-0.610.590.920.990.430.96-0.790.420.96-0.610.920.560.560.56
0.83-1.01.00.78-0.990.970.99-0.790.780.990.990.561.0-0.930.551.0-0.790.990.740.740.74
0.8-0.990.990.76-1.00.920.99-0.820.851.00.970.540.99-0.960.530.99-0.831.00.770.770.77
-0.90.79-0.79-0.90.86-0.61-0.79-0.82-0.96-0.82-0.7-0.86-0.790.94-0.85-0.791.0-0.83-0.99-0.99-0.99
0.77-0.780.790.75-0.870.590.780.85-0.960.850.70.690.79-0.960.680.78-0.960.850.930.930.93
0.8-0.990.990.76-1.00.920.991.0-0.820.850.970.540.99-0.960.530.99-0.831.00.770.770.77
0.77-0.990.990.72-0.960.990.990.97-0.70.70.970.470.99-0.870.460.99-0.70.970.650.650.65
0.92-0.550.560.95-0.60.430.560.54-0.860.690.540.470.56-0.681.00.56-0.860.540.910.910.91
0.83-1.01.00.79-0.990.961.00.99-0.790.790.990.990.56-0.930.551.0-0.790.990.740.740.74
-0.850.93-0.93-0.820.97-0.79-0.93-0.960.94-0.96-0.96-0.87-0.68-0.93-0.67-0.930.94-0.96-0.9-0.9-0.9
0.92-0.540.550.94-0.590.420.550.53-0.850.680.530.461.00.55-0.670.55-0.850.530.90.90.9
0.83-1.01.00.79-0.990.961.00.99-0.790.780.990.990.561.0-0.930.55-0.790.990.740.740.74
-0.90.79-0.79-0.90.86-0.61-0.79-0.831.0-0.96-0.83-0.7-0.86-0.790.94-0.85-0.79-0.83-0.99-0.99-0.99
0.8-0.990.990.76-1.00.920.991.0-0.830.851.00.970.540.99-0.960.530.99-0.830.770.770.77
0.91-0.740.740.91-0.810.560.740.77-0.990.930.770.650.910.74-0.90.90.74-0.990.771.01.0
0.91-0.740.740.91-0.810.560.740.77-0.990.930.770.650.910.74-0.90.90.74-0.990.771.01.0
0.91-0.740.740.91-0.810.560.740.77-0.990.930.770.650.910.74-0.90.90.74-0.990.771.01.0
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Seraphim Space Account Relationship Matchups

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