Sharps Selling General Administrative vs Depreciation And Amortization 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 Selling General Administrative and its Depreciation And Amortization 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.

Selling General Administrative vs Depreciation And Amortization

Selling General Administrative vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sharps Technology Warrant Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sharps Technology's Selling General Administrative and Depreciation And Amortization is 0.97. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization 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 Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Sharps Technology Warrant are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., Sharps Technology's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

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.
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 Expenses4.5M8.7M10.1M10.6M
Cost Of Revenue28.7K654.6K891.2K725.2K

Sharps Technology fundamental ratios Correlations

0.850.860.990.95-0.91-0.890.880.950.950.950.130.570.910.870.970.21-0.120.170.1-0.11-0.950.480.95-0.910.41
0.850.980.820.94-0.76-0.990.840.70.940.74-0.030.70.980.980.850.32-0.130.140.1-0.14-0.830.710.92-0.920.25
0.860.980.810.94-0.72-0.960.920.710.940.740.070.540.951.00.830.31-0.110.30.12-0.11-0.90.640.94-0.960.27
0.990.820.810.95-0.96-0.870.80.980.950.980.130.60.90.820.980.2-0.120.080.08-0.11-0.890.40.94-0.870.47
0.950.940.940.95-0.9-0.950.860.881.00.910.050.610.970.940.930.22-0.160.140.05-0.15-0.920.481.0-0.960.36
-0.91-0.76-0.72-0.96-0.90.83-0.64-0.97-0.89-0.98-0.2-0.65-0.87-0.73-0.96-0.230.080.02-0.110.060.75-0.34-0.870.75-0.59
-0.89-0.99-0.96-0.87-0.950.83-0.82-0.78-0.95-0.81-0.08-0.75-0.99-0.96-0.91-0.260.19-0.07-0.050.20.84-0.71-0.930.9-0.39
0.880.840.920.80.86-0.64-0.820.730.880.730.140.30.810.920.80.28-0.040.50.18-0.02-0.970.520.89-0.940.22
0.950.70.710.980.88-0.97-0.780.730.881.00.270.520.820.720.960.18-0.090.090.09-0.06-0.830.290.87-0.770.58
0.950.940.940.951.0-0.89-0.950.880.880.90.070.580.970.950.930.22-0.150.170.06-0.14-0.930.481.0-0.970.36
0.950.740.740.980.91-0.98-0.810.731.00.90.260.540.860.750.960.19-0.090.090.1-0.07-0.840.30.89-0.80.58
0.13-0.030.070.130.05-0.2-0.080.140.270.070.26-0.160.090.070.19-0.01-0.070.30.00.01-0.11-0.040.040.010.86
0.570.70.540.60.61-0.65-0.750.30.520.580.54-0.160.730.560.680.11-0.28-0.5-0.1-0.33-0.370.740.55-0.450.29
0.910.980.950.90.97-0.87-0.990.810.820.970.860.090.730.960.930.27-0.170.070.06-0.17-0.840.630.95-0.910.42
0.870.981.00.820.94-0.73-0.960.920.720.950.750.070.560.960.840.31-0.120.290.12-0.11-0.90.640.94-0.960.28
0.970.850.830.980.93-0.96-0.910.80.960.930.960.190.680.930.840.3-0.060.10.17-0.05-0.860.540.91-0.840.52
0.210.320.310.20.22-0.23-0.260.280.180.220.19-0.010.110.270.310.30.880.610.960.87-0.130.370.19-0.19-0.01
-0.12-0.13-0.11-0.12-0.160.080.19-0.04-0.09-0.15-0.09-0.07-0.28-0.17-0.12-0.060.880.630.971.00.18-0.04-0.170.16-0.2
0.170.140.30.080.140.02-0.070.50.090.170.090.3-0.50.070.290.10.610.630.670.67-0.320.010.18-0.28-0.01
0.10.10.120.080.05-0.11-0.050.180.090.060.10.0-0.10.060.120.170.960.970.670.96-0.030.180.04-0.04-0.07
-0.11-0.14-0.11-0.11-0.150.060.2-0.02-0.06-0.14-0.070.01-0.33-0.17-0.11-0.050.871.00.670.960.16-0.08-0.160.15-0.14
-0.95-0.83-0.9-0.89-0.920.750.84-0.97-0.83-0.93-0.84-0.11-0.37-0.84-0.9-0.86-0.130.18-0.32-0.030.16-0.43-0.940.96-0.27
0.480.710.640.40.48-0.34-0.710.520.290.480.3-0.040.740.630.640.540.37-0.040.010.18-0.08-0.430.45-0.470.13
0.950.920.940.941.0-0.87-0.930.890.871.00.890.040.550.950.940.910.19-0.170.180.04-0.16-0.940.45-0.980.32
-0.91-0.92-0.96-0.87-0.960.750.9-0.94-0.77-0.97-0.80.01-0.45-0.91-0.96-0.84-0.190.16-0.28-0.040.150.96-0.47-0.98-0.2
0.410.250.270.470.36-0.59-0.390.220.580.360.580.860.290.420.280.52-0.01-0.2-0.01-0.07-0.14-0.270.130.32-0.2
Click cells to compare fundamentals

Sharps Technology Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Sharps Stock Analysis

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.