Servotronics Short Long Term Debt vs Cash And Equivalents Analysis

SVT Stock

USD 11.43 0.02 0.17%

Servotronics financial indicator trend analysis is much more than just breaking down Servotronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Servotronics is a good investment. Please check the relationship between Servotronics Short Long Term Debt and its Cash And Equivalents accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Servotronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Servotronics Stock please use our How to Invest in Servotronics guide.

Short Long Term Debt vs Cash And Equivalents

Short Long Term Debt vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Servotronics Short Long Term Debt account and Cash And Equivalents. At this time, the significance of the direction appears to have very week relationship.

The correlation between Servotronics' Short Long Term Debt and Cash And Equivalents is 0.21. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Servotronics, assuming nothing else is changed. The correlation between historical values of Servotronics' Short Long Term Debt and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Servotronics are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Short Long Term Debt i.e., Servotronics' Short Long Term Debt and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

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Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Cash And Equivalents

Most indicators from Servotronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Servotronics 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 Servotronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Servotronics Stock please use our How to Invest in Servotronics guide.At this time, Servotronics' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	40.6M	43.8M	43.6M	28.4M
Depreciation And Amortization	1.4M	951K	1.1M	721.1K

Total Revenue Depreciation And Amortization

Servotronics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.51	0.53	0.61	0.96	0.91	0.04	0.95	0.43	0.92	0.45	0.43	0.54	0.69	0.7	0.96	0.19	0.84	0.83	0.99	0.11	0.46	0.57	-0.39	-0.22	0.35
Short Long Term Debt Total	0.51		0.1	0.31	0.37	0.48	0.49	0.36	0.41	0.44	0.35	0.41	0.03	0.16	0.69	0.58	-0.51	0.17	0.65	0.51	0.23	0.19	0.19	-0.06	-0.23	-0.22
Other Current Liab	0.53	0.1		0.82	0.4	0.55	0.05	0.37	0.05	0.55	0.15	0.05	0.36	0.61	0.3	0.42	0.29	0.54	0.68	0.5	0.0	0.23	0.34	-0.24	-0.14	0.31
Total Current Liabilities	0.61	0.31	0.82		0.48	0.63	0.38	0.39	-0.1	0.59	0.21	-0.1	0.52	0.57	0.26	0.53	0.12	0.59	0.76	0.59	0.3	0.56	0.2	-0.11	-0.17	0.16
Total Stockholder Equity	0.96	0.37	0.4	0.48		0.88	-0.12	0.98	0.47	0.9	0.53	0.47	0.48	0.61	0.55	0.92	0.22	0.83	0.65	0.95	0.05	0.42	0.51	-0.33	-0.26	0.3
Property Plant And Equipment Net	0.91	0.48	0.55	0.63	0.88		0.16	0.83	0.28	1.0	0.54	0.28	0.57	0.6	0.55	0.83	0.06	0.76	0.74	0.84	0.06	0.54	0.38	-0.16	-0.14	0.16
Net Debt	0.04	0.49	0.05	0.38	-0.12	0.16		-0.2	-0.59	0.08	-0.28	-0.59	0.42	0.22	0.24	0.1	-0.24	0.01	0.38	0.02	0.45	0.56	-0.02	0.02	0.17	-0.09
Retained Earnings	0.95	0.36	0.37	0.39	0.98	0.83	-0.2		0.54	0.86	0.49	0.54	0.4	0.62	0.61	0.93	0.26	0.78	0.64	0.95	0.01	0.34	0.58	-0.4	-0.29	0.34
Cash	0.43	0.41	0.05	-0.1	0.47	0.28	-0.59	0.54		0.32	0.64	1.0	-0.43	-0.08	0.38	0.43	-0.23	0.14	0.2	0.45	-0.27	-0.4	0.18	-0.05	-0.44	-0.13
Non Current Assets Total	0.92	0.44	0.55	0.59	0.9	1.0	0.08	0.86	0.32		0.55	0.32	0.54	0.61	0.56	0.83	0.12	0.77	0.72	0.85	0.02	0.49	0.42	-0.2	-0.13	0.2
Non Currrent Assets Other	0.45	0.35	0.15	0.21	0.53	0.54	-0.28	0.49	0.64	0.55		0.64	-0.25	-0.21	0.0	0.35	-0.41	0.14	0.12	0.38	-0.37	0.13	-0.3	0.51	-0.59	-0.57
Cash And Short Term Investments	0.43	0.41	0.05	-0.1	0.47	0.28	-0.59	0.54	1.0	0.32	0.64		-0.43	-0.08	0.38	0.43	-0.23	0.14	0.2	0.45	-0.27	-0.4	0.18	-0.05	-0.44	-0.13
Net Receivables	0.54	0.03	0.36	0.52	0.48	0.57	0.42	0.4	-0.43	0.54	-0.25	-0.43		0.67	0.38	0.47	0.38	0.73	0.56	0.51	0.33	0.69	0.41	-0.4	0.44	0.61
Common Stock Shares Outstanding	0.69	0.16	0.61	0.57	0.61	0.6	0.22	0.62	-0.08	0.61	-0.21	-0.08	0.67		0.58	0.7	0.52	0.75	0.73	0.69	0.4	0.38	0.78	-0.7	0.08	0.71
Non Current Liabilities Total	0.7	0.69	0.3	0.26	0.55	0.55	0.24	0.61	0.38	0.56	0.0	0.38	0.38	0.58		0.74	0.05	0.51	0.83	0.72	0.09	0.17	0.69	-0.59	0.05	0.44
Inventory	0.96	0.58	0.42	0.53	0.92	0.83	0.1	0.93	0.43	0.83	0.35	0.43	0.47	0.7	0.74		0.23	0.78	0.81	0.97	0.21	0.42	0.67	-0.5	-0.21	0.37
Other Current Assets	0.19	-0.51	0.29	0.12	0.22	0.06	-0.24	0.26	-0.23	0.12	-0.41	-0.23	0.38	0.52	0.05	0.23		0.44	0.1	0.21	0.12	0.03	0.68	-0.71	0.33	0.79
Other Stockholder Equity	0.84	0.17	0.54	0.59	0.83	0.76	0.01	0.78	0.14	0.77	0.14	0.14	0.73	0.75	0.51	0.78	0.44		0.69	0.84	0.32	0.36	0.62	-0.56	0.12	0.63
Total Liab	0.83	0.65	0.68	0.76	0.65	0.74	0.38	0.64	0.2	0.72	0.12	0.2	0.56	0.73	0.83	0.81	0.1	0.69		0.83	0.24	0.44	0.58	-0.46	-0.07	0.39
Total Current Assets	0.99	0.51	0.5	0.59	0.95	0.84	0.02	0.95	0.45	0.85	0.38	0.45	0.51	0.69	0.72	0.97	0.21	0.84	0.83		0.14	0.42	0.61	-0.45	-0.24	0.39
Short Term Debt	0.11	0.23	0.0	0.3	0.05	0.06	0.45	0.01	-0.27	0.02	-0.37	-0.27	0.33	0.4	0.09	0.21	0.12	0.32	0.24	0.14		0.06	0.34	-0.44	0.39	0.34
Accounts Payable	0.46	0.19	0.23	0.56	0.42	0.54	0.56	0.34	-0.4	0.49	0.13	-0.4	0.69	0.38	0.17	0.42	0.03	0.36	0.44	0.42	0.06		-0.03	0.14	-0.08	0.01
Property Plant And Equipment Gross	0.57	0.19	0.34	0.2	0.51	0.38	-0.02	0.58	0.18	0.42	-0.3	0.18	0.41	0.78	0.69	0.67	0.68	0.62	0.58	0.61	0.34	-0.03		-0.95	0.25	0.82
Common Stock Total Equity	-0.39	-0.06	-0.24	-0.11	-0.33	-0.16	0.02	-0.4	-0.05	-0.2	0.51	-0.05	-0.4	-0.7	-0.59	-0.5	-0.71	-0.56	-0.46	-0.45	-0.44	0.14	-0.95		-0.39	-0.9
Common Stock	-0.22	-0.23	-0.14	-0.17	-0.26	-0.14	0.17	-0.29	-0.44	-0.13	-0.59	-0.44	0.44	0.08	0.05	-0.21	0.33	0.12	-0.07	-0.24	0.39	-0.08	0.25	-0.39		0.52
Other Liab	0.35	-0.22	0.31	0.16	0.3	0.16	-0.09	0.34	-0.13	0.2	-0.57	-0.13	0.61	0.71	0.44	0.37	0.79	0.63	0.39	0.39	0.34	0.01	0.82	-0.9	0.52

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Servotronics Account Relationship Matchups

Servotronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	49.5M	50.3M	50.1M	45.3M	36.6M	27.9M
Short Long Term Debt Total	6.0M	9.9M	5.0M	501K	2.1M	2.0M
Other Current Liab	3.3M	2.5M	3.3M	3.9M	3.8M	2.0M
Total Current Liabilities	8.6M	6.8M	4.2M	6.2M	7.9M	4.0M
Total Stockholder Equity	33.5M	33.7M	35.4M	35.1M	24.5M	18.6M
Property Plant And Equipment Net	12.7M	12.0M	10.6M	10.7M	7.0M	7.4M
Net Debt	4.0M	4.0M	(4.5M)	(3.5M)	2.0M	1.4M
Retained Earnings	20.5M	21.8M	25.9M	23.7M	13.0M	7.5M
Cash	2.0M	5.9M	9.5M	4.0M	95K	90.3K
Non Current Assets Total	13.2M	12.5M	11.8M	12.0M	7.0M	7.9M
Non Currrent Assets Other	345K	331K	321K	314K	42K	39.9K
Cash And Short Term Investments	2.0M	5.9M	9.5M	4.0M	95K	90.3K
Net Receivables	13.2M	7.6M	7.2M	8.5M	12.1M	12.7M
Common Stock Shares Outstanding	2.4M	2.4M	2.4M	2.4M	2.5M	2.3M
Liabilities And Stockholders Equity	49.5M	50.3M	50.1M	45.3M	37.7M	27.9M
Non Current Liabilities Total	7.3M	9.8M	10.5M	4.0M	5.3M	5.3M
Inventory	20.2M	23.4M	20.1M	19.0M	14.2M	10.4M
Other Current Assets	522K	383K	1.4M	6.7M	3.2M	3.4M
Other Stockholder Equity	12.4M	12.8M	12.9M	13.2M	13.5M	12.3M
Total Liab	15.9M	16.6M	14.7M	10.2M	13.2M	9.3M
Total Current Assets	36.3M	37.8M	38.3M	33.3M	29.6M	20.0M
Short Term Debt	849K	2.6M	276K	501K	2.1M	2.2M
Accounts Payable	4.5M	1.6M	663K	1.8M	2.1M	1.4M
Property Plant And Equipment Gross	12.7M	32.7M	32.5M	33.7M	24.1M	25.3M
Accumulated Other Comprehensive Income	98K	(1.4M)	(3.9M)	(2.3M)	(2.4M)	(2.6M)
Other Liab	1.8M	2.1M	2.5M	5.7M	6.6M	6.9M
Other Assets	666K	452K	12.5K	1.4M	1.0	0.95
Long Term Debt	3.0M	2.4M	5.2M	7.3M	4.8M	0.0
Treasury Stock	(1.5M)	(1.5M)	(1.4M)	(1.3M)	(1.2M)	(1.3M)
Property Plant Equipment	12.7M	12.0M	10.6M	10.7M	12.3M	9.0M
Net Tangible Assets	31.5M	33.5M	33.7M	35.4M	40.7M	30.6M
Retained Earnings Total Equity	15.7M	18.8M	20.5M	21.8M	25.1M	16.6M
Long Term Debt Total	3.0M	2.4M	5.2M	7.3M	4.8M	0.0
Capital Surpluse	14.4M	14.5M	14.5M	14.6M	16.7M	15.6M
Cash And Equivalents	2.0M	5.9M	9.5M	4.0M	4.6M	5.1M

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