Symbotic Short Term Debt vs Accumulated Depreciation Analysis

SYM Stock  USD 39.02  2.75  7.58%   
Symbotic financial indicator trend analysis is much more than just breaking down Symbotic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Symbotic is a good investment. Please check the relationship between Symbotic Short Term Debt and its Accumulated Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Symbotic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Symbotic Stock, please use our How to Invest in Symbotic guide.

Short Term Debt vs Accumulated Depreciation

Short Term Debt vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Symbotic Short Term Debt account and Accumulated Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Symbotic's Short Term Debt and Accumulated Depreciation is -0.61. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Symbotic, assuming nothing else is changed. The correlation between historical values of Symbotic's Short Term Debt and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Symbotic are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Short Term Debt i.e., Symbotic's Short Term Debt and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Short Term Debt

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Symbotic fixed asset that has been charged to Symbotic expense since that asset was acquired and made available for Symbotic use. The accumulated depreciation account is Symbotic asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Symbotic.
Most indicators from Symbotic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Symbotic 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 Symbotic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Symbotic Stock, please use our How to Invest in Symbotic guide.At this time, Symbotic's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 1.8 B, though Tax Provision is likely to grow to (4 M).
 2021 2022 2023 2024 (projected)
Total Operating Expenses240.0M413.0M362.4M243.0M
Cost Of Revenue493.7M987.2M1.5B1.6B

Symbotic fundamental ratios Correlations

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0.350.440.770.520.2-0.460.290.570.51-0.52-0.680.510.520.480.35-0.780.50.56-0.290.47-0.810.660.270.20.4
0.841.00.890.520.89-0.930.910.921.0-0.8-0.851.00.821.00.95-0.851.01.0-0.910.99-0.240.87-0.410.890.92
0.720.920.770.20.89-0.961.00.860.89-0.88-0.820.920.890.860.79-0.750.920.89-1.00.93-0.130.83-0.741.00.92
-0.74-0.94-0.92-0.46-0.93-0.96-0.98-0.93-0.930.950.94-0.96-0.96-0.9-0.790.9-0.96-0.950.98-0.970.36-0.940.62-0.96-0.94
0.730.930.830.290.911.0-0.980.890.91-0.91-0.870.940.920.880.8-0.810.940.92-1.00.95-0.210.88-0.711.00.93
0.850.910.90.570.920.86-0.930.890.91-0.86-0.90.930.910.890.8-0.90.930.93-0.890.92-0.310.97-0.360.860.98
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-0.56-0.8-0.92-0.52-0.8-0.880.95-0.91-0.86-0.790.96-0.85-0.99-0.74-0.570.93-0.85-0.850.91-0.850.56-0.950.63-0.88-0.84
-0.58-0.84-0.97-0.68-0.85-0.820.94-0.87-0.9-0.850.96-0.89-0.95-0.8-0.650.98-0.88-0.890.87-0.880.62-0.970.42-0.82-0.83
0.830.990.910.511.00.92-0.960.940.930.99-0.85-0.890.870.980.91-0.881.01.0-0.941.0-0.280.9-0.480.920.94
0.670.830.920.520.820.89-0.960.920.910.82-0.99-0.950.870.770.61-0.930.870.86-0.920.87-0.50.97-0.60.890.9
0.850.990.850.481.00.86-0.90.880.891.0-0.74-0.80.980.770.97-0.810.980.98-0.890.98-0.170.83-0.370.860.9
0.850.950.70.350.950.79-0.790.80.80.95-0.57-0.650.910.610.97-0.650.920.91-0.80.910.040.69-0.280.790.83
-0.63-0.83-1.0-0.78-0.85-0.750.9-0.81-0.9-0.850.930.98-0.88-0.93-0.81-0.65-0.87-0.90.81-0.860.68-0.970.33-0.75-0.82
0.831.00.90.51.00.92-0.960.940.930.99-0.85-0.881.00.870.980.92-0.871.0-0.941.0-0.270.9-0.480.920.94
0.820.990.920.561.00.89-0.950.920.930.99-0.85-0.891.00.860.980.91-0.91.0-0.920.99-0.310.91-0.420.890.93
-0.74-0.94-0.83-0.29-0.91-1.00.98-1.0-0.89-0.910.910.87-0.94-0.92-0.89-0.80.81-0.94-0.92-0.950.2-0.880.7-1.0-0.93
0.831.00.890.470.990.93-0.970.950.920.99-0.85-0.881.00.870.980.91-0.861.00.99-0.95-0.250.89-0.510.930.94
0.05-0.18-0.64-0.81-0.24-0.130.36-0.21-0.31-0.230.560.62-0.28-0.5-0.170.040.68-0.27-0.310.2-0.25-0.530.01-0.13-0.16
0.730.860.970.660.870.83-0.940.880.970.87-0.95-0.970.90.970.830.69-0.970.90.91-0.880.89-0.53-0.410.830.92
-0.29-0.48-0.350.27-0.41-0.740.62-0.71-0.36-0.410.630.42-0.48-0.6-0.37-0.280.33-0.48-0.420.7-0.510.01-0.41-0.74-0.5
0.720.920.770.20.891.0-0.961.00.860.89-0.88-0.820.920.890.860.79-0.750.920.89-1.00.93-0.130.83-0.740.92
0.90.930.840.40.920.92-0.940.930.980.92-0.84-0.830.940.90.90.83-0.820.940.93-0.930.94-0.160.92-0.50.92
Click cells to compare fundamentals

Symbotic Account Relationship Matchups

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When determining whether Symbotic is a strong investment it is important to analyze Symbotic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Symbotic's future performance. For an informed investment choice regarding Symbotic Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Symbotic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Symbotic Stock, please use our How to Invest in Symbotic guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Symbotic. If investors know Symbotic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Symbotic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.08)
Revenue Per Share
18.861
Quarterly Revenue Growth
0.577
Return On Assets
(0.05)
Return On Equity
(0.57)
The market value of Symbotic is measured differently than its book value, which is the value of Symbotic that is recorded on the company's balance sheet. Investors also form their own opinion of Symbotic's value that differs from its market value or its book value, called intrinsic value, which is Symbotic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Symbotic's market value can be influenced by many factors that don't directly affect Symbotic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Symbotic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Symbotic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Symbotic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.