SXTPW Total Current Assets vs Non Current Liabilities Total Analysis
SXTPW Stock | 0.02 0.02 45.95% |
60 Degrees financial indicator trend analysis is way more than just evaluating 60 Degrees Pharmaceu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 60 Degrees Pharmaceu is a good investment. Please check the relationship between 60 Degrees Total Current Assets and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 60 Degrees Pharmaceuticals,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Total Current Assets vs Non Current Liabilities Total
Total Current Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 60 Degrees Pharmaceu Total Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between 60 Degrees' Total Current Assets and Non Current Liabilities Total is -0.68. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of 60 Degrees Pharmaceuticals,, assuming nothing else is changed. The correlation between historical values of 60 Degrees' Total Current Assets and Non Current Liabilities Total 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 60 Degrees Pharmaceuticals, are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Assets i.e., 60 Degrees' Total Current Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Non Current Liabilities Total
Most indicators from 60 Degrees' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 60 Degrees Pharmaceu 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 60 Degrees Pharmaceuticals,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. Tax Provision is likely to drop to 237.50 in 2024. Selling General Administrative is likely to drop to about 2.2 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 2.3M | 2.0M | 5.4M | 3.4M | Cost Of Revenue | 850.7K | 432.4K | 474.6K | 492.1K |
60 Degrees fundamental ratios Correlations
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60 Degrees Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 SXTPW Stock Analysis
When running 60 Degrees' price analysis, check to measure 60 Degrees' 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 60 Degrees is operating at the current time. Most of 60 Degrees' value examination focuses on studying past and present price action to predict the probability of 60 Degrees' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 60 Degrees' price. Additionally, you may evaluate how the addition of 60 Degrees to your portfolios can decrease your overall portfolio volatility.