Surgepays Non Currrent Assets Other vs Total Assets Analysis

SURG Stock  USD 1.75  0.05  2.78%   
Surgepays financial indicator trend analysis is much more than just breaking down Surgepays prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Surgepays is a good investment. Please check the relationship between Surgepays Non Currrent Assets Other and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surgepays. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Surgepays Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Surgepays' Non Currrent Assets Other and Total Assets is 0.81. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Surgepays, assuming nothing else is changed. The correlation between historical values of Surgepays' Non Currrent Assets Other and Total 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 Non Currrent Assets Other of Surgepays are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Surgepays' Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of Surgepays assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Surgepays books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Surgepays' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Surgepays 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 Surgepays. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.At this time, Surgepays' Enterprise Value Multiple is most likely to increase in the upcoming years. The Surgepays' current Enterprise Value is estimated to increase to about 86.9 M, while Issuance Of Capital Stock is projected to decrease to 516.75.
 2023 2024 (projected)
Interest Income1.3M1.1M
Reconciled Depreciation1.1M740.0K

Surgepays fundamental ratios Correlations

0.370.790.85-0.64-0.640.830.970.970.990.3-0.020.960.630.990.140.890.810.580.87-0.390.980.740.30.50.94
0.370.72-0.020.13-0.630.40.160.160.390.44-0.060.390.740.370.060.29-0.010.470.570.060.450.190.460.320.34
0.790.720.37-0.13-0.860.90.640.640.770.540.010.790.930.750.060.830.520.820.92-0.090.780.770.520.680.79
0.85-0.020.37-0.92-0.210.480.940.940.87-0.13-0.180.780.140.880.090.610.820.120.51-0.570.830.52-0.120.10.7
-0.640.13-0.13-0.92-0.01-0.21-0.79-0.79-0.690.450.47-0.580.14-0.71-0.06-0.29-0.650.22-0.230.66-0.62-0.310.430.25-0.42
-0.64-0.63-0.86-0.21-0.01-0.84-0.51-0.51-0.57-0.710.0-0.78-0.9-0.6-0.11-0.7-0.27-0.85-0.86-0.05-0.6-0.53-0.71-0.69-0.76
0.830.40.90.48-0.21-0.840.740.740.780.60.120.850.850.780.150.930.630.860.93-0.160.780.810.570.760.9
0.970.160.640.94-0.79-0.510.741.00.960.12-0.140.930.440.970.140.810.840.420.76-0.480.930.70.120.360.88
0.970.160.640.94-0.79-0.510.741.00.960.12-0.140.930.440.970.140.810.840.420.76-0.480.930.70.120.360.88
0.990.390.770.87-0.69-0.570.780.960.960.21-0.090.930.590.990.130.840.810.50.83-0.440.980.730.20.420.89
0.30.440.54-0.130.45-0.710.60.120.120.210.650.370.770.230.20.540.00.860.630.310.320.170.990.80.57
-0.02-0.060.01-0.180.470.00.12-0.14-0.14-0.090.65-0.120.22-0.10.090.26-0.030.440.140.320.04-0.030.630.510.2
0.960.390.790.78-0.58-0.780.850.930.930.930.37-0.120.670.950.130.840.70.620.89-0.330.920.680.380.510.94
0.630.740.930.140.14-0.90.850.440.440.590.770.220.670.570.130.760.320.930.880.090.630.590.750.80.74
0.990.370.750.88-0.71-0.60.780.970.970.990.23-0.10.950.570.110.820.80.50.83-0.450.980.680.230.40.9
0.140.060.060.09-0.06-0.110.150.140.140.130.20.090.130.130.110.14-0.060.140.220.130.09-0.030.180.240.18
0.890.290.830.61-0.29-0.70.930.810.810.840.540.260.840.760.820.140.780.830.9-0.120.850.860.510.80.94
0.81-0.010.520.82-0.65-0.270.630.840.840.810.0-0.030.70.320.8-0.060.780.360.57-0.490.770.76-0.010.340.7
0.580.470.820.120.22-0.850.860.420.420.50.860.440.620.930.50.140.830.360.850.190.560.630.840.930.77
0.870.570.920.51-0.23-0.860.930.760.760.830.630.140.890.880.830.220.90.570.85-0.140.850.730.620.750.93
-0.390.06-0.09-0.570.66-0.05-0.16-0.48-0.48-0.440.310.32-0.330.09-0.450.13-0.12-0.490.19-0.14-0.4-0.170.360.43-0.23
0.980.450.780.83-0.62-0.60.780.930.930.980.320.040.920.630.980.090.850.770.560.85-0.40.670.320.460.91
0.740.190.770.52-0.31-0.530.810.70.70.730.17-0.030.680.590.68-0.030.860.760.630.73-0.170.670.130.590.69
0.30.460.52-0.120.43-0.710.570.120.120.20.990.630.380.750.230.180.51-0.010.840.620.360.320.130.790.57
0.50.320.680.10.25-0.690.760.360.360.420.80.510.510.80.40.240.80.340.930.750.430.460.590.790.69
0.940.340.790.7-0.42-0.760.90.880.880.890.570.20.940.740.90.180.940.70.770.93-0.230.910.690.570.69
Click cells to compare fundamentals

Surgepays Account Relationship Matchups

Surgepays fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0M7.3M19.5M34.0M41.9M44.0M
Other Current Liab678.0K1.9M555.1K12.9M123.2K117.1K
Total Current Liabilities7.1M15.3M10.0M23.5M12.7M13.3M
Total Stockholder Equity(4.7M)(10.7M)3.6M5.0M28.2M29.7M
Net Debt8.2M7.0M1.4M1.1M(9.2M)(8.7M)
Retained Earnings(10.9M)(21.6M)(35.1M)(35.8M)(15.2M)(14.4M)
Accounts Payable4.6M7.3M7.4M7.5M7.3M7.7M
Cash346.0K674.0K6.3M7.0M14.6M15.4M
Cash And Short Term Investments346.0K674.0K6.3M7.0M14.6M15.4M
Common Stock Shares Outstanding1.9M2.1M4.4M12.4M14.9M15.7M
Liabilities And Stockholders Equity10.0M7.3M19.5M34.0M41.9M44.0M
Non Current Liabilities Total7.6M2.7M6.0M5.4M816.8K776.0K
Other Current Assets1.4M172.6B5.6K111.5K161.9K153.8K
Other Stockholder Equity6.1M10.7M38.7M40.8M43.4M45.6M
Total Liab14.7M18.1M15.9M28.9M13.5M7.7M
Total Current Assets3.6M1.3M13.9M27.6M33.4M35.0M
Common Stock102.2K127.1K12.1K14.1K14.4K15.1K
Non Current Assets Total6.4M6.1M5.6M6.4M8.6M9.0M
Non Currrent Assets Other61.5K66.5K61.5K176.9K2.8M3.0M
Short Long Term Debt Total8.5M7.7M7.7M8.1M5.4M3.8M
Property Plant And Equipment Net505.4K605.4K687.1K1.1M749.7K787.2K
Net Receivables3.1M393.1K3.2M9.2M9.5M10.0M
Short Term Debt1.7M5.3M1.7M2.7M4.7M4.9M
Other Assets(4K)66.5K61.5K176.9K203.4K213.5K
Long Term Debt6.6M1.7M5.5M5.0M460.5K437.5K
Inventory(172.6B)178.3K4.4M11.2M9.0M9.5M
Intangible Assets4.8M4.1M3.4M3.2M2.7M2.0M
Property Plant Equipment31.0K505.4K236.8K687.1K790.2K829.7K
Net Tangible Assets(2.9M)(10.3M)(15.7M)(749.2K)(674.3K)(708.0K)
Short Long Term Debt2.1M5.9M1.7M2.7M4.6M2.5M
Other Liab883.6K600.5K869.9K852.0K979.8K808.9K
Net Invested Capital4.0M(3.1M)10.7M12.7M33.3M35.0M
Net Working Capital(3.5M)(14.1M)3.9M4.1M20.7M21.7M
Capital Stock115.9K140.9K12.3K14.1K14.4K13.7K

Currently Active Assets on Macroaxis

When determining whether Surgepays is a strong investment it is important to analyze Surgepays' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Surgepays' future performance. For an informed investment choice regarding Surgepays Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surgepays. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Wireless Telecommunication Services 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 Surgepays. If investors know Surgepays 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 Surgepays 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
(0.78)
Earnings Share
(1.18)
Revenue Per Share
6.864
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.02)
The market value of Surgepays is measured differently than its book value, which is the value of Surgepays that is recorded on the company's balance sheet. Investors also form their own opinion of Surgepays' value that differs from its market value or its book value, called intrinsic value, which is Surgepays' 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 Surgepays' market value can be influenced by many factors that don't directly affect Surgepays' 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 Surgepays' value and its price as these two are different measures arrived at by different means. Investors typically determine if Surgepays is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surgepays' 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.