Servotronics Total Liab vs Property Plant Equipment 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 Total Liab and its Property Plant Equipment 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.

Total Liab vs Property Plant Equipment

Total Liab vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Servotronics Total Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Servotronics' Total Liab and Property Plant Equipment is 0.79. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Servotronics, assuming nothing else is changed. The correlation between historical values of Servotronics' Total Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Servotronics are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Liab i.e., Servotronics' Total Liab and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Property Plant Equipment

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 Revenue40.6M43.8M43.6M28.4M
Depreciation And Amortization1.4M951K1.1M721.1K

Servotronics fundamental ratios Correlations

0.510.530.610.960.910.040.950.430.920.450.430.540.690.70.960.190.840.830.990.110.460.57-0.39-0.220.35
0.510.10.310.370.480.490.360.410.440.350.410.030.160.690.58-0.510.170.650.510.230.190.19-0.06-0.23-0.22
0.530.10.820.40.550.050.370.050.550.150.050.360.610.30.420.290.540.680.50.00.230.34-0.24-0.140.31
0.610.310.820.480.630.380.39-0.10.590.21-0.10.520.570.260.530.120.590.760.590.30.560.2-0.11-0.170.16
0.960.370.40.480.88-0.120.980.470.90.530.470.480.610.550.920.220.830.650.950.050.420.51-0.33-0.260.3
0.910.480.550.630.880.160.830.281.00.540.280.570.60.550.830.060.760.740.840.060.540.38-0.16-0.140.16
0.040.490.050.38-0.120.16-0.2-0.590.08-0.28-0.590.420.220.240.1-0.240.010.380.020.450.56-0.020.020.17-0.09
0.950.360.370.390.980.83-0.20.540.860.490.540.40.620.610.930.260.780.640.950.010.340.58-0.4-0.290.34
0.430.410.05-0.10.470.28-0.590.540.320.641.0-0.43-0.080.380.43-0.230.140.20.45-0.27-0.40.18-0.05-0.44-0.13
0.920.440.550.590.91.00.080.860.320.550.320.540.610.560.830.120.770.720.850.020.490.42-0.2-0.130.2
0.450.350.150.210.530.54-0.280.490.640.550.64-0.25-0.210.00.35-0.410.140.120.38-0.370.13-0.30.51-0.59-0.57
0.430.410.05-0.10.470.28-0.590.541.00.320.64-0.43-0.080.380.43-0.230.140.20.45-0.27-0.40.18-0.05-0.44-0.13
0.540.030.360.520.480.570.420.4-0.430.54-0.25-0.430.670.380.470.380.730.560.510.330.690.41-0.40.440.61
0.690.160.610.570.610.60.220.62-0.080.61-0.21-0.080.670.580.70.520.750.730.690.40.380.78-0.70.080.71
0.70.690.30.260.550.550.240.610.380.560.00.380.380.580.740.050.510.830.720.090.170.69-0.590.050.44
0.960.580.420.530.920.830.10.930.430.830.350.430.470.70.740.230.780.810.970.210.420.67-0.5-0.210.37
0.19-0.510.290.120.220.06-0.240.26-0.230.12-0.41-0.230.380.520.050.230.440.10.210.120.030.68-0.710.330.79
0.840.170.540.590.830.760.010.780.140.770.140.140.730.750.510.780.440.690.840.320.360.62-0.560.120.63
0.830.650.680.760.650.740.380.640.20.720.120.20.560.730.830.810.10.690.830.240.440.58-0.46-0.070.39
0.990.510.50.590.950.840.020.950.450.850.380.450.510.690.720.970.210.840.830.140.420.61-0.45-0.240.39
0.110.230.00.30.050.060.450.01-0.270.02-0.37-0.270.330.40.090.210.120.320.240.140.060.34-0.440.390.34
0.460.190.230.560.420.540.560.34-0.40.490.13-0.40.690.380.170.420.030.360.440.420.06-0.030.14-0.080.01
0.570.190.340.20.510.38-0.020.580.180.42-0.30.180.410.780.690.670.680.620.580.610.34-0.03-0.950.250.82
-0.39-0.06-0.24-0.11-0.33-0.160.02-0.4-0.05-0.20.51-0.05-0.4-0.7-0.59-0.5-0.71-0.56-0.46-0.45-0.440.14-0.95-0.39-0.9
-0.22-0.23-0.14-0.17-0.26-0.140.17-0.29-0.44-0.13-0.59-0.440.440.080.05-0.210.330.12-0.07-0.240.39-0.080.25-0.390.52
0.35-0.220.310.160.30.16-0.090.34-0.130.2-0.57-0.130.610.710.440.370.790.630.390.390.340.010.82-0.90.52
Click cells to compare fundamentals

Servotronics Account Relationship Matchups

Servotronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.5M50.3M50.1M45.3M36.6M27.9M
Short Long Term Debt Total6.0M9.9M5.0M501K2.1M2.0M
Other Current Liab3.3M2.5M3.3M3.9M3.8M2.0M
Total Current Liabilities8.6M6.8M4.2M6.2M7.9M4.0M
Total Stockholder Equity33.5M33.7M35.4M35.1M24.5M18.6M
Property Plant And Equipment Net12.7M12.0M10.6M10.7M7.0M7.4M
Net Debt4.0M4.0M(4.5M)(3.5M)2.0M1.4M
Retained Earnings20.5M21.8M25.9M23.7M13.0M7.5M
Cash2.0M5.9M9.5M4.0M95K90.3K
Non Current Assets Total13.2M12.5M11.8M12.0M7.0M7.9M
Non Currrent Assets Other345K331K321K314K42K39.9K
Cash And Short Term Investments2.0M5.9M9.5M4.0M95K90.3K
Net Receivables13.2M7.6M7.2M8.5M12.1M12.7M
Common Stock Shares Outstanding2.4M2.4M2.4M2.4M2.5M2.3M
Liabilities And Stockholders Equity49.5M50.3M50.1M45.3M37.7M27.9M
Non Current Liabilities Total7.3M9.8M10.5M4.0M5.3M5.3M
Inventory20.2M23.4M20.1M19.0M14.2M10.4M
Other Current Assets522K383K1.4M6.7M3.2M3.4M
Other Stockholder Equity12.4M12.8M12.9M13.2M13.5M12.3M
Total Liab15.9M16.6M14.7M10.2M13.2M9.3M
Total Current Assets36.3M37.8M38.3M33.3M29.6M20.0M
Short Term Debt849K2.6M276K501K2.1M2.2M
Accounts Payable4.5M1.6M663K1.8M2.1M1.4M
Property Plant And Equipment Gross12.7M32.7M32.5M33.7M24.1M25.3M
Accumulated Other Comprehensive Income98K(1.4M)(3.9M)(2.3M)(2.4M)(2.6M)
Other Liab1.8M2.1M2.5M5.7M6.6M6.9M
Other Assets666K452K12.5K1.4M1.00.95
Long Term Debt3.0M2.4M5.2M7.3M4.8M0.0
Treasury Stock(1.5M)(1.5M)(1.4M)(1.3M)(1.2M)(1.3M)
Property Plant Equipment12.7M12.0M10.6M10.7M12.3M9.0M
Net Tangible Assets31.5M33.5M33.7M35.4M40.7M30.6M
Retained Earnings Total Equity15.7M18.8M20.5M21.8M25.1M16.6M
Long Term Debt Total3.0M2.4M5.2M7.3M4.8M0.0
Capital Surpluse14.4M14.5M14.5M14.6M16.7M15.6M
Cash And Equivalents2.0M5.9M9.5M4.0M4.6M5.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Servotronics Stock Analysis

When running Servotronics' price analysis, check to measure Servotronics' 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 Servotronics is operating at the current time. Most of Servotronics' value examination focuses on studying past and present price action to predict the probability of Servotronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Servotronics' price. Additionally, you may evaluate how the addition of Servotronics to your portfolios can decrease your overall portfolio volatility.