Software Inventory vs Cash Analysis
SWAGW Stock | USD 0.01 0 20.00% |
Software Acquisition financial indicator trend analysis is much more than just breaking down Software Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Software Acquisition is a good investment. Please check the relationship between Software Acquisition Inventory and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Software Acquisition Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Inventory vs Cash
Inventory vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Software Acquisition Inventory account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Software Acquisition's Inventory and Cash is 0.44. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of Software Acquisition Group, assuming nothing else is changed. The correlation between historical values of Software Acquisition's Inventory and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Software Acquisition Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., Software Acquisition's Inventory and Cash go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Cash
Cash refers to the most liquid asset of Software Acquisition, which is listed under current asset account on Software Acquisition Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Software Acquisition customers. The amounts must be unrestricted with restricted cash listed in a different Software Acquisition account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Software Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Software Acquisition 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 Software Acquisition Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. Tax Provision is likely to climb to about 33 K in 2024, whereas Selling General Administrative is likely to drop slightly above 16.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.8M | 16.6M | 24.9M | 16.2M | Total Revenue | 39.7M | 59.0M | 75.9M | 53.4M |
Software Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
Software Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 Software Stock Analysis
When running Software Acquisition's price analysis, check to measure Software Acquisition'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 Software Acquisition is operating at the current time. Most of Software Acquisition's value examination focuses on studying past and present price action to predict the probability of Software Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Software Acquisition's price. Additionally, you may evaluate how the addition of Software Acquisition to your portfolios can decrease your overall portfolio volatility.