Shotspotter Property Plant And Equipment Net vs Other Assets Analysis

SSTI Stock  USD 13.57  0.49  3.75%   
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 Property Plant And Equipment Net and its Other Assets 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.

Property Plant And Equipment Net vs Other Assets

Property Plant And Equipment Net vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shotspotter Property Plant And Equipment Net account and Other Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shotspotter's Property Plant And Equipment Net and Other Assets is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Assets in the same time period over historical financial statements of Shotspotter, assuming nothing else is changed. The correlation between historical values of Shotspotter's Property Plant And Equipment Net and Other 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 Property Plant And Equipment Net of Shotspotter are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Property Plant And Equipment Net i.e., Shotspotter's Property Plant And Equipment Net and Other Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Assets

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 Amortization6.8M9.2M10.6M6.0M
Interest Income38K45K40.5K38.5K

Shotspotter fundamental ratios Correlations

-0.480.940.990.90.610.760.960.98-0.36-0.670.840.320.870.870.920.320.980.880.880.840.83-0.760.930.010.86
-0.48-0.4-0.54-0.710.1-0.92-0.65-0.590.930.86-0.25-0.87-0.29-0.44-0.6-0.87-0.48-0.83-0.67-0.69-0.550.91-0.76-0.62-0.3
0.94-0.40.920.820.580.670.910.92-0.33-0.620.730.340.810.790.870.340.90.790.870.80.77-0.660.840.10.86
0.99-0.540.920.920.590.80.980.99-0.41-0.740.840.370.860.880.930.370.980.910.90.870.88-0.80.950.060.84
0.9-0.710.820.920.540.920.940.93-0.53-0.880.750.480.870.920.880.480.880.950.90.920.85-0.920.950.160.85
0.610.10.580.590.540.210.520.550.3-0.310.71-0.30.830.680.35-0.30.580.320.330.360.5-0.230.41-0.550.79
0.76-0.920.670.80.920.210.860.83-0.81-0.940.580.760.60.730.810.760.740.970.860.880.78-1.00.940.470.6
0.96-0.650.910.980.940.520.860.99-0.51-0.80.740.460.820.870.940.460.970.940.940.920.84-0.860.960.20.81
0.98-0.590.920.990.930.550.830.99-0.46-0.760.780.420.840.870.940.420.980.920.930.890.85-0.830.950.10.82
-0.360.93-0.33-0.41-0.530.3-0.81-0.51-0.460.71-0.14-0.98-0.06-0.2-0.45-0.98-0.33-0.71-0.54-0.51-0.430.79-0.64-0.71-0.09
-0.670.86-0.62-0.74-0.88-0.31-0.94-0.8-0.760.71-0.62-0.66-0.61-0.72-0.71-0.66-0.65-0.9-0.77-0.82-0.850.95-0.87-0.43-0.6
0.84-0.250.730.840.750.710.580.740.78-0.14-0.620.130.790.760.670.130.770.710.60.60.89-0.60.77-0.150.74
0.32-0.870.340.370.48-0.30.760.460.42-0.98-0.660.130.030.150.391.00.270.660.50.450.41-0.730.60.690.06
0.87-0.290.810.860.870.830.60.820.84-0.06-0.610.790.030.950.760.030.850.70.750.780.74-0.620.75-0.240.96
0.87-0.440.790.880.920.680.730.870.87-0.2-0.720.760.150.950.840.150.870.790.860.910.79-0.730.81-0.030.9
0.92-0.60.870.930.880.350.810.940.94-0.45-0.710.670.390.760.840.390.930.90.970.940.78-0.80.910.30.78
0.32-0.870.340.370.48-0.30.760.460.42-0.98-0.660.131.00.030.150.390.270.660.50.450.41-0.730.60.690.06
0.98-0.480.90.980.880.580.740.970.98-0.33-0.650.770.270.850.870.930.270.860.90.860.78-0.740.90.020.82
0.88-0.830.790.910.950.320.970.940.92-0.71-0.90.710.660.70.790.90.660.860.910.90.86-0.970.990.380.69
0.88-0.670.870.90.90.330.860.940.93-0.54-0.770.60.50.750.860.970.50.90.910.980.76-0.850.910.370.76
0.84-0.690.80.870.920.360.880.920.89-0.51-0.820.60.450.780.910.940.450.860.90.980.77-0.870.890.350.77
0.83-0.550.770.880.850.50.780.840.85-0.43-0.850.890.410.740.790.780.410.780.860.760.77-0.80.870.150.7
-0.760.91-0.66-0.8-0.92-0.23-1.0-0.86-0.830.790.95-0.6-0.73-0.62-0.73-0.8-0.73-0.74-0.97-0.85-0.87-0.8-0.94-0.45-0.61
0.93-0.760.840.950.950.410.940.960.95-0.64-0.870.770.60.750.810.910.60.90.990.910.890.87-0.940.290.75
0.01-0.620.10.060.16-0.550.470.20.1-0.71-0.43-0.150.69-0.24-0.030.30.690.020.380.370.350.15-0.450.29-0.1
0.86-0.30.860.840.850.790.60.810.82-0.09-0.60.740.060.960.90.780.060.820.690.760.770.7-0.610.75-0.1
Click cells to compare fundamentals

Shotspotter Account Relationship Matchups

Shotspotter fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.6M66.3M72.3M122.7M138.7M70.2M
Other Current Liab4.6M5.1M6.1M8.5M8.4M4.4M
Total Current Liabilities32.4M31.0M34.5M53.8M59.8M35.0M
Total Stockholder Equity27.3M34.3M33.8M60.9M74.8M78.5M
Other Liab600K405K4.0M5.7M6.6M6.9M
Net Tangible Assets25.6M17.0M17.4M10.7M12.3M12.9M
Property Plant And Equipment Net17.1M16.2M19.7M25.2M23.3M17.8M
Current Deferred Revenue26.4M24.2M26.2M41.9M41.3M26.5M
Net Debt(24.2M)(15.1M)(13.2M)(7.1M)2.8M3.0M
Retained Earnings(95.6M)(94.4M)(98.8M)(92.4M)(95.1M)(99.9M)
Accounts Payable1.2M1.2M1.6M1.6M3.0M1.7M
Cash24.6M16.0M15.6M10.5M5.7M5.4M
Non Current Assets Total20.4M35.2M38.0M78.1M98.4M103.3M
Non Currrent Assets Other1.6M1.6M1.9M2.6M3.9M4.1M
Other Assets1.6M2.5M1.9M2.6M3.0M1.5M
Cash And Short Term Investments24.6M16.0M15.6M10.5M5.7M5.4M
Net Receivables13.9M12.9M16.1M31.0M30.7M15.8M
Common Stock Total Equity55K57K58K62K71.3K48.7K
Common Stock Shares Outstanding11.8M11.7M11.6M12.3M12.4M10.9M
Liabilities And Stockholders Equity60.6M66.3M72.3M122.7M138.7M70.2M
Non Current Liabilities Total896K1.0M4.0M8.0M4.1M3.9M
Capital Surpluse122.9M128.8M132.8M153.6M176.6M113.2M
Inventory1.6M2.1M2.4M1.01.151.09
Other Current Assets123K2.2M2.5M3.2M3.9M4.1M
Other Stockholder Equity122.9M128.8M132.8M153.6M170.1M116.7M
Total Liab33.3M32.0M38.5M61.8M64.0M37.5M
Deferred Long Term Liab1.6M1.5M1.7M685K616.5K585.7K
Property Plant And Equipment Gross17.1M16.2M19.7M25.2M29.0M16.8M
Total Current Assets40.2M31.1M34.3M44.7M40.3M31.3M
Accumulated Other Comprehensive Income(134K)(169K)(238K)(290K)(328K)(344.4K)
Short Term Debt302K484K409K868K8.0M8.4M
Intangible Assets249K14.5M13.6M27.3M36.9M38.8M
Common Stock55K57K58K62K64K51.1K
Property Plant Equipment17.1M16.2M19.7M22.0M25.3M16.4M
Retained Earnings Total Equity(95.6M)(94.4M)(98.8M)(92.4M)(106.3M)(111.6M)
Net Invested Capital27.3M34.3M33.8M60.9M70.1M73.6M
Non Current Liabilities Other298K631K3.5M5.8M6.7M7.0M
Net Working Capital7.8M157K(228K)(9.2M)(8.2M)(7.8M)

Currently Active Assets on Macroaxis

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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.