Software Total Current Assets vs Net Receivables 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 Net Receivables 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 Net Receivables
Total Current Assets vs Net Receivables 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 Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Software Acquisition's Total Current Assets and Net Receivables is 0.61. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Receivables 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 Net Receivables 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 Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Assets i.e., Software Acquisition's Total Current Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Net Receivables
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
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Software Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.