Siyata Inventory vs Other Liab Analysis
SYTA Stock | USD 1.05 0.01 0.94% |
Siyata Mobile financial indicator trend analysis is much more than just breaking down Siyata Mobile prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Siyata Mobile is a good investment. Please check the relationship between Siyata Mobile Inventory and its Other Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siyata Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.
Inventory vs Other Liab
Inventory vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Siyata Mobile Inventory account and Other Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Siyata Mobile's Inventory and Other Liab is -0.63. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Liab in the same time period over historical financial statements of Siyata Mobile, assuming nothing else is changed. The correlation between historical values of Siyata Mobile's Inventory and Other Liab 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 Siyata Mobile are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Inventory i.e., Siyata Mobile's Inventory and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Inventory
Other Liab
Most indicators from Siyata Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Siyata Mobile 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 Siyata Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.At present, Siyata Mobile's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 14.6 M, whereas Enterprise Value Over EBITDA is forecasted to decline to (1.89).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9M | 1.4M | 2.7M | 2.2M | Total Revenue | 7.5M | 6.5M | 8.2M | 7.0M |
Siyata Mobile fundamental ratios Correlations
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Siyata Mobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Siyata Mobile fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.1M | 31.1M | 12.1M | 16.1M | 15.5M | 16.3M | |
Total Current Liabilities | 3.3M | 9.4M | 6.9M | 6.3M | 5.4M | 5.7M | |
Total Stockholder Equity | 8.5M | 21.3M | 2.5M | 9.2M | 9.7M | 10.2M | |
Property Plant And Equipment Net | 243.9K | 432.5K | 1.3M | 1.1M | 806.1K | 749.4K | |
Net Debt | 2.8M | 1.6M | 2.8M | (974.7K) | 1.3M | 1.4M | |
Retained Earnings | (25.1M) | (38.9M) | (62.5M) | (77.8M) | (90.8M) | (86.2M) | |
Accounts Payable | 2.0M | 2.6M | 2.6M | 3.1M | 3.4M | 3.6M | |
Cash | 2.7M | 5.5M | 1.6M | 1.9M | 898.8K | 912.1K | |
Non Current Assets Total | 7.7M | 8.0M | 5.9M | 8.2M | 8.8M | 9.3M | |
Non Currrent Assets Other | 199.3K | 214.5K | 168.2K | 150.2K | (1.0) | (0.95) | |
Cash And Short Term Investments | 2.7M | 5.5M | 1.6M | 1.9M | 898.8K | 912.1K | |
Net Receivables | 1.5M | 2.7M | 886.4K | 1.6M | 1.2M | 686.0K | |
Common Stock Shares Outstanding | 8.1K | 14.8K | 48.5K | 209.1K | 228.6K | 240.0K | |
Liabilities And Stockholders Equity | 16.1M | 31.1M | 12.1M | 16.1M | 15.5M | 16.3M | |
Non Current Liabilities Total | 4.4M | 408.5K | 2.7M | 635.2K | 385.6K | 366.4K | |
Inventory | 3.4M | 2.4M | 2.4M | 4.1M | 3.5M | 3.0M | |
Other Current Assets | 900.6K | 12.5M | 1.3M | 329.4K | 1.1M | 1.2M | |
Total Liab | 7.6M | 9.8M | 9.6M | 6.9M | 5.8M | 6.1M | |
Property Plant And Equipment Gross | 318.6K | 432.5K | 1.3M | 1.1M | 806.1K | 798.5K | |
Total Current Assets | 8.4M | 23.1M | 6.2M | 7.9M | 6.7M | 3.8M | |
Accumulated Other Comprehensive Income | 5.0M | 10.1M | 10.4M | 13.7M | 14.7M | 15.5M | |
Other Current Liab | 76.6K | 56.5K | 2.5M | 2.7M | 156.4K | 148.6K | |
Short Long Term Debt Total | 5.5M | 7.0M | 4.4M | 939.0K | 2.2M | 2.9M | |
Short Term Debt | 1.2M | 6.7M | 1.7M | 303.8K | 1.8M | 1.9M | |
Intangible Assets | 6.4M | 6.5M | 4.4M | 7.0M | 7.9M | 5.9M | |
Net Tangible Assets | 6.7M | 9.3M | 20.2M | 2.4M | 2.8M | 2.6M | |
Long Term Debt | 4.1M | 5.4M | 51.8K | 1.9M | 1.7M | 2.0M | |
Deferred Long Term Liab | 6.1M | 7.7M | 6.3M | 4.3M | 4.9M | 6.1M | |
Common Stock | 28.6M | 50.1M | 54.7M | 73.3M | 85.7M | 48.0M | |
Property Plant Equipment | 54.4K | 318.6K | 432.5K | 1.3M | 1.5M | 1.6M | |
Net Invested Capital | 17.9M | 27.9M | 5.9M | 9.2M | 11.3M | 11.8M | |
Net Working Capital | 6.7M | 13.7M | (669.0K) | 1.6M | 1.3M | 1.2M | |
Capital Stock | 28.6M | 50.1M | 54.7M | 73.3M | 85.7M | 57.3M |
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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.When determining whether Siyata Mobile is a strong investment it is important to analyze Siyata Mobile'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 Siyata Mobile's future performance. For an informed investment choice regarding Siyata 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 Siyata Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Communications Equipment 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 Siyata Mobile. If investors know Siyata 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 Siyata Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 65.55 | Revenue Per Share 175.111 | Quarterly Revenue Growth (0.30) | Return On Assets (0.43) | Return On Equity (3.29) |
The market value of Siyata Mobile is measured differently than its book value, which is the value of Siyata that is recorded on the company's balance sheet. Investors also form their own opinion of Siyata Mobile's value that differs from its market value or its book value, called intrinsic value, which is Siyata Mobile'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 Siyata Mobile's market value can be influenced by many factors that don't directly affect Siyata Mobile'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 Siyata Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siyata Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siyata Mobile'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.