Shotspotter Operating Income vs Non Operating Income Net Other Analysis
SSTI Stock | USD 12.36 0.62 5.28% |
Shotspotter financial indicator trend analysis is much more than just breaking down Shotspotter prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shotspotter is a good investment. Please check the relationship between Shotspotter Operating Income and its Non Operating Income Net Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shotspotter. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Shotspotter Stock please use our How to Invest in Shotspotter guide.
Operating Income vs Non Operating Income Net Other
Operating Income vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shotspotter Operating Income account and Non Operating Income Net Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shotspotter's Operating Income and Non Operating Income Net Other is 0.79. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Shotspotter, assuming nothing else is changed. The correlation between historical values of Shotspotter's Operating Income and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Shotspotter are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Operating Income i.e., Shotspotter's Operating Income and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Shotspotter operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Shotspotter is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Non Operating Income Net Other
Most indicators from Shotspotter's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shotspotter 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 Shotspotter. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Shotspotter Stock please use our How to Invest in Shotspotter guide.The Shotspotter's current Tax Provision is estimated to increase to about 1.9 M, while Selling General Administrative is projected to decrease to under 10.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 6.8M | 9.2M | 10.6M | 6.0M | Interest Income | 38K | 45K | 40.5K | 38.5K |
Shotspotter fundamental ratios Correlations
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Shotspotter Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shotspotter fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 60.6M | 66.3M | 72.3M | 122.7M | 138.7M | 70.2M | |
Other Current Liab | 4.6M | 5.1M | 6.1M | 8.5M | 7.4M | 4.3M | |
Total Current Liabilities | 32.4M | 31.0M | 34.5M | 53.8M | 59.8M | 35.0M | |
Total Stockholder Equity | 27.3M | 34.3M | 33.8M | 60.9M | 74.8M | 78.5M | |
Other Liab | 600K | 405K | 4.0M | 5.7M | 6.6M | 6.9M | |
Net Tangible Assets | 25.6M | 17.0M | 17.4M | 10.7M | 12.3M | 12.9M | |
Property Plant And Equipment Net | 17.1M | 16.2M | 19.7M | 25.2M | 23.3M | 17.8M | |
Current Deferred Revenue | 26.4M | 24.2M | 26.2M | 41.9M | 41.3M | 26.5M | |
Net Debt | (24.2M) | (15.1M) | (13.2M) | (7.1M) | 2.8M | 3.0M | |
Retained Earnings | (95.6M) | (94.4M) | (98.8M) | (92.4M) | (95.1M) | (99.9M) | |
Accounts Payable | 1.2M | 1.2M | 1.6M | 1.6M | 3.0M | 1.7M | |
Cash | 24.6M | 16.0M | 15.6M | 10.5M | 5.7M | 5.4M | |
Non Current Assets Total | 20.4M | 35.2M | 38.0M | 78.1M | 98.4M | 103.3M | |
Non Currrent Assets Other | 1.6M | 1.6M | 1.9M | 2.6M | 3.9M | 4.1M | |
Other Assets | 1.6M | 2.5M | 1.9M | 2.6M | 3.0M | 1.5M | |
Cash And Short Term Investments | 24.6M | 16.0M | 15.6M | 10.5M | 5.7M | 5.4M | |
Net Receivables | 13.9M | 12.9M | 16.1M | 31.0M | 30.7M | 15.8M | |
Common Stock Total Equity | 55K | 57K | 58K | 62K | 71.3K | 48.7K | |
Common Stock Shares Outstanding | 11.8M | 11.7M | 11.6M | 12.3M | 12.4M | 10.9M | |
Liabilities And Stockholders Equity | 60.6M | 66.3M | 72.3M | 122.7M | 138.7M | 70.2M | |
Non Current Liabilities Total | 896K | 1.0M | 4.0M | 8.0M | 4.1M | 3.9M | |
Capital Surpluse | 122.9M | 128.8M | 132.8M | 153.6M | 176.6M | 113.2M | |
Inventory | 1.6M | 2.1M | 2.4M | 1.0 | 1.15 | 1.09 | |
Other Current Assets | 123K | 2.2M | 2.5M | 3.2M | 3.9M | 4.1M | |
Other Stockholder Equity | 122.9M | 128.8M | 132.8M | 153.6M | 170.1M | 116.7M | |
Total Liab | 33.3M | 32.0M | 38.5M | 61.8M | 64.0M | 37.5M | |
Deferred Long Term Liab | 1.6M | 1.5M | 1.7M | 685K | 616.5K | 585.7K | |
Property Plant And Equipment Gross | 17.1M | 16.2M | 19.7M | 25.2M | 29.0M | 16.8M | |
Total Current Assets | 40.2M | 31.1M | 34.3M | 44.7M | 40.3M | 31.3M | |
Accumulated Other Comprehensive Income | (134K) | (169K) | (238K) | (290K) | (328K) | (344.4K) | |
Short Term Debt | 302K | 484K | 409K | 868K | 8.0M | 8.4M | |
Intangible Assets | 249K | 14.5M | 13.6M | 27.3M | 36.9M | 38.8M | |
Common Stock | 55K | 57K | 58K | 62K | 64K | 51.1K | |
Property Plant Equipment | 17.1M | 16.2M | 19.7M | 22.0M | 25.3M | 16.4M | |
Retained Earnings Total Equity | (95.6M) | (94.4M) | (98.8M) | (92.4M) | (106.3M) | (111.6M) | |
Net Invested Capital | 27.3M | 34.3M | 33.8M | 60.9M | 70.1M | 73.6M | |
Non Current Liabilities Other | 298K | 631K | 3.5M | 5.8M | 6.7M | 7.0M | |
Net Working Capital | 7.8M | 157K | (228K) | (9.2M) | (8.2M) | (7.8M) |
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When determining whether Shotspotter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shotspotter'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 Shotspotter Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shotspotter Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shotspotter. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Shotspotter Stock please use our How to Invest in Shotspotter guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Application Software 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 Shotspotter. If investors know Shotspotter 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 Shotspotter listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.399 | Earnings Share (0.10) | Revenue Per Share 8.21 | Quarterly Revenue Growth 0.095 | Return On Assets (0.02) |
The market value of Shotspotter is measured differently than its book value, which is the value of Shotspotter that is recorded on the company's balance sheet. Investors also form their own opinion of Shotspotter's value that differs from its market value or its book value, called intrinsic value, which is Shotspotter'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 Shotspotter's market value can be influenced by many factors that don't directly affect Shotspotter'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 Shotspotter's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shotspotter is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shotspotter'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.