Software Total Current Assets vs Cash And Short Term Investments 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 Total Current Assets and its Cash And Short Term Investments 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.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Software Acquisition Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Software Acquisition's Total Current Assets and Cash And Short Term Investments is 0.56. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Current Assets and Cash And Short Term Investments 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 Current Assets of Software Acquisition Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Software Acquisition's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Software Acquisition balance sheet. This account contains Software Acquisition investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Software Acquisition Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 Profit11.8M16.6M24.9M16.2M
Total Revenue39.7M59.0M75.9M53.4M

Software Acquisition fundamental ratios Correlations

-0.720.330.410.310.50.72-0.430.61-0.450.660.590.540.330.650.070.75-0.460.61-0.490.530.620.5-0.730.90.4
-0.720.250.03-0.82-0.24-0.890.4-0.640.35-0.52-0.85-0.77-0.25-0.89-0.71-0.470.88-0.970.86-0.11-0.64-0.20.99-0.63-0.36
0.330.250.9-0.370.72-0.370.35-0.44-0.3-0.16-0.16-0.51-0.33-0.12-0.560.440.58-0.390.150.82-0.350.660.320.19-0.37
0.410.030.9-0.030.83-0.140.56-0.29-0.67-0.310.17-0.24-0.580.17-0.240.710.31-0.13-0.20.98-0.440.810.10.17-0.57
0.31-0.82-0.37-0.030.290.690.070.33-0.49-0.010.910.68-0.220.90.920.36-0.770.89-0.950.080.170.27-0.780.23-0.11
0.5-0.240.720.830.290.110.36-0.22-0.62-0.150.50.03-0.420.53-0.040.640.170.2-0.410.83-0.250.97-0.160.45-0.4
0.72-0.89-0.37-0.140.690.11-0.50.88-0.410.60.830.960.370.830.540.53-0.860.92-0.690.040.710.18-0.940.720.49
-0.430.40.350.560.070.36-0.5-0.61-0.51-0.96-0.02-0.39-0.99-0.120.080.210.37-0.35-0.120.49-0.950.370.47-0.63-1.0
0.61-0.64-0.44-0.290.33-0.220.88-0.61-0.260.670.50.870.530.470.280.43-0.760.66-0.36-0.10.76-0.1-0.730.590.63
-0.450.35-0.3-0.67-0.49-0.62-0.41-0.51-0.260.3-0.67-0.440.6-0.58-0.29-0.920.28-0.380.63-0.780.26-0.720.33-0.210.51
0.66-0.52-0.16-0.31-0.01-0.150.6-0.960.670.30.160.450.920.26-0.090.06-0.410.44-0.02-0.230.97-0.16-0.580.790.95
0.59-0.85-0.160.170.910.50.83-0.020.5-0.670.160.81-0.120.990.70.63-0.710.91-0.920.320.270.53-0.840.540.0
0.54-0.77-0.51-0.240.680.030.96-0.390.87-0.440.450.810.280.780.550.48-0.810.86-0.64-0.050.580.15-0.830.580.4
0.33-0.25-0.33-0.58-0.22-0.420.37-0.990.530.60.92-0.120.28-0.03-0.2-0.3-0.240.210.27-0.540.89-0.43-0.330.560.99
0.65-0.89-0.120.170.90.530.83-0.120.47-0.580.260.990.78-0.030.670.59-0.70.93-0.90.30.350.53-0.870.610.08
0.07-0.71-0.56-0.240.92-0.040.540.080.28-0.29-0.090.70.55-0.20.670.12-0.820.77-0.86-0.150.14-0.09-0.68-0.07-0.11
0.75-0.470.440.710.360.640.530.210.43-0.920.060.630.48-0.30.590.12-0.310.42-0.560.840.040.72-0.460.51-0.21
-0.460.880.580.31-0.770.17-0.860.37-0.760.28-0.41-0.71-0.81-0.24-0.7-0.82-0.31-0.890.770.15-0.610.170.91-0.33-0.35
0.61-0.97-0.39-0.130.890.20.92-0.350.66-0.380.440.910.860.210.930.770.42-0.89-0.870.020.580.2-0.970.580.32
-0.490.860.15-0.2-0.95-0.41-0.69-0.12-0.360.63-0.02-0.92-0.640.27-0.9-0.86-0.560.77-0.87-0.32-0.17-0.370.81-0.30.16
0.53-0.110.820.980.080.830.040.49-0.1-0.78-0.230.32-0.05-0.540.3-0.150.840.150.02-0.32-0.330.83-0.050.28-0.5
0.62-0.64-0.35-0.440.17-0.250.71-0.950.760.260.970.270.580.890.350.140.04-0.610.58-0.17-0.33-0.26-0.710.720.94
0.5-0.20.660.810.270.970.180.37-0.1-0.72-0.160.530.15-0.430.53-0.090.720.170.2-0.370.83-0.26-0.150.47-0.39
-0.730.990.320.1-0.78-0.16-0.940.47-0.730.33-0.58-0.84-0.83-0.33-0.87-0.68-0.460.91-0.970.81-0.05-0.71-0.15-0.66-0.44
0.9-0.630.190.170.230.450.72-0.630.59-0.210.790.540.580.560.61-0.070.51-0.330.58-0.30.280.720.47-0.660.61
0.4-0.36-0.37-0.57-0.11-0.40.49-1.00.630.510.950.00.40.990.08-0.11-0.21-0.350.320.16-0.50.94-0.39-0.440.61
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Software Acquisition Account Relationship Matchups

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