Sharps Depreciation And Amortization vs Total Revenue Analysis
STSSW Stock | USD 0.03 0 10.00% |
Sharps Technology financial indicator trend analysis is much more than just breaking down Sharps Technology Warrant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sharps Technology Warrant is a good investment. Please check the relationship between Sharps Technology Depreciation And Amortization and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sharps Technology Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.
Depreciation And Amortization vs Total Revenue
Depreciation And Amortization vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sharps Technology Warrant Depreciation And Amortization account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sharps Technology's Depreciation And Amortization and Total Revenue is -0.1. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Sharps Technology Warrant, assuming nothing else is changed. The correlation between historical values of Sharps Technology's Depreciation And Amortization and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Sharps Technology Warrant are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Depreciation And Amortization i.e., Sharps Technology's Depreciation And Amortization and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Sharps Technology Warrant 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.Most indicators from Sharps Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sharps Technology Warrant 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 Sharps Technology Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.At this time, Sharps Technology's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 408.5 M in 2024, despite the fact that Tax Provision is likely to grow to (28.5 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 4.5M | 8.7M | 10.1M | 10.6M | Cost Of Revenue | 28.7K | 654.6K | 891.2K | 725.2K |
Sharps Technology fundamental ratios Correlations
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Sharps Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Sharps Technology's price analysis, check to measure Sharps 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 Sharps Technology is operating at the current time. Most of Sharps Technology's value examination focuses on studying past and present price action to predict the probability of Sharps 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 Sharps Technology's price. Additionally, you may evaluate how the addition of Sharps Technology to your portfolios can decrease your overall portfolio volatility.