Siyata Net Income vs Gross Profit Analysis

SYTA Stock

USD 0.89 0.01 1.14%

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 Net Income and its Gross Profit 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.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Siyata Mobile Net Income account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Siyata Mobile's Net Income and Gross Profit is -0.22. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit 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 Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Siyata Mobile are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Siyata Mobile's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Siyata Mobile financial statement analysis. It represents the amount of money remaining after all of Siyata Mobile operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Siyata Mobile minus its cost of goods sold. It is profit before Siyata Mobile operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 (1.77).

	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

Gross Profit Total Revenue

Siyata Mobile fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Assets	Other Current Liab	Short Long Term Debt Total	Short Term Debt	Intangible Assets	Other Liab
Total Assets		0.9	0.96	-0.21	0.43	-0.52	0.81	0.9	0.88	0.72	0.9	0.86	0.3	0.37	0.48	0.75	-0.03	0.89	-0.24	0.94	0.31	0.2	0.85	0.78	0.86	-0.85
Total Current Liabilities	0.9		0.79	-0.03	0.51	-0.74	0.83	0.73	0.84	0.83	0.73	0.69	0.47	0.22	0.43	0.67	-0.01	0.92	-0.07	0.81	0.26	0.27	0.78	0.79	0.79	-0.84
Total Stockholder Equity	0.96	0.79		-0.25	0.25	-0.41	0.71	0.87	0.79	0.6	0.87	0.87	0.27	0.2	0.41	0.8	0.05	0.74	-0.27	0.93	0.33	0.08	0.74	0.78	0.78	-0.72
Property Plant And Equipment Net	-0.21	-0.03	-0.25		-0.03	-0.2	-0.13	-0.24	-0.05	0.11	-0.24	-0.4	0.12	-0.24	-0.01	-0.14	0.29	-0.13	1.0	-0.29	-0.37	0.05	-0.16	-0.04	-0.16	0.11
Net Debt	0.43	0.51	0.25	-0.03		-0.37	0.44	0.35	0.46	0.67	0.35	0.16	0.05	0.55	0.13	0.3	-0.47	0.65	-0.04	0.34	0.0	-0.23	0.77	0.52	0.41	-0.49
Retained Earnings	-0.52	-0.74	-0.41	-0.2	-0.37		-0.77	-0.21	-0.75	-0.7	-0.21	-0.22	-0.91	0.01	-0.49	-0.14	-0.09	-0.61	-0.18	-0.27	0.23	-0.18	-0.36	-0.4	-0.72	0.71
Accounts Payable	0.81	0.83	0.71	-0.13	0.44	-0.77		0.58	0.95	0.6	0.58	0.59	0.63	0.41	0.64	0.31	-0.03	0.86	-0.17	0.6	0.0	0.29	0.63	0.45	0.91	-0.94
Cash	0.9	0.73	0.87	-0.24	0.35	-0.21	0.58		0.66	0.61	1.0	0.82	-0.03	0.47	0.35	0.8	0.01	0.8	-0.26	0.95	0.49	0.24	0.87	0.74	0.7	-0.73
Non Current Assets Total	0.88	0.84	0.79	-0.05	0.46	-0.75	0.95	0.66		0.72	0.66	0.66	0.59	0.44	0.66	0.38	-0.07	0.87	-0.08	0.67	-0.05	0.24	0.71	0.52	0.95	-0.93
Non Currrent Assets Other	0.72	0.83	0.6	0.11	0.67	-0.7	0.6	0.61	0.72		0.61	0.5	0.43	0.28	0.33	0.53	-0.16	0.8	0.1	0.63	0.03	0.07	0.77	0.74	0.72	-0.7
Cash And Short Term Investments	0.9	0.73	0.87	-0.24	0.35	-0.21	0.58	1.0	0.66	0.61		0.82	-0.03	0.47	0.35	0.8	0.01	0.8	-0.26	0.95	0.49	0.24	0.87	0.74	0.7	-0.73
Net Receivables	0.86	0.69	0.87	-0.4	0.16	-0.22	0.59	0.82	0.66	0.5	0.82		0.07	0.33	0.37	0.66	0.09	0.7	-0.43	0.9	0.53	0.37	0.64	0.59	0.65	-0.63
Common Stock Shares Outstanding	0.3	0.47	0.27	0.12	0.05	-0.91	0.63	-0.03	0.59	0.43	-0.03	0.07		-0.23	0.46	-0.08	0.16	0.31	0.11	0.03	-0.37	0.1	0.03	0.15	0.58	-0.51
Non Current Liabilities Total	0.37	0.22	0.2	-0.24	0.55	0.01	0.41	0.47	0.44	0.28	0.47	0.33	-0.23		0.42	-0.04	-0.37	0.58	-0.25	0.31	0.05	0.3	0.59	-0.01	0.44	-0.54
Inventory	0.48	0.43	0.41	-0.01	0.13	-0.49	0.64	0.35	0.66	0.33	0.35	0.37	0.46	0.42		-0.01	0.09	0.52	-0.08	0.32	-0.11	0.32	0.29	0.05	0.68	-0.63
Other Current Assets	0.75	0.67	0.8	-0.14	0.3	-0.14	0.31	0.8	0.38	0.53	0.8	0.66	-0.08	-0.04	-0.01		0.07	0.54	-0.16	0.88	0.56	-0.13	0.71	0.94	0.38	-0.39
Other Stockholder Equity	-0.03	-0.01	0.05	0.29	-0.47	-0.09	-0.03	0.01	-0.07	-0.16	0.01	0.09	0.16	-0.37	0.09	0.07		-0.15	0.25	-0.01	0.45	0.38	-0.24	0.0	-0.07	0.01
Total Liab	0.89	0.92	0.74	-0.13	0.65	-0.61	0.86	0.8	0.87	0.8	0.8	0.7	0.31	0.58	0.52	0.54	-0.15		-0.16	0.79	0.23	0.34	0.89	0.65	0.84	-0.92
Property Plant And Equipment Gross	-0.24	-0.07	-0.27	1.0	-0.04	-0.18	-0.17	-0.26	-0.08	0.1	-0.26	-0.43	0.11	-0.25	-0.08	-0.16	0.25	-0.16		-0.31	-0.4	0.03	-0.18	-0.06	-0.18	0.14
Total Current Assets	0.94	0.81	0.93	-0.29	0.34	-0.27	0.6	0.95	0.67	0.63	0.95	0.9	0.03	0.31	0.32	0.88	-0.01	0.79	-0.31		0.51	0.17	0.82	0.83	0.69	-0.69
Other Assets	0.31	0.26	0.33	-0.37	0.0	0.23	0.0	0.49	-0.05	0.03	0.49	0.53	-0.37	0.05	-0.11	0.56	0.45	0.23	-0.4	0.51		0.32	0.31	0.41	-0.05	-0.1
Other Current Liab	0.2	0.27	0.08	0.05	-0.23	-0.18	0.29	0.24	0.24	0.07	0.24	0.37	0.1	0.3	0.32	-0.13	0.38	0.34	0.03	0.17	0.32		0.03	-0.18	0.22	-0.38
Short Long Term Debt Total	0.85	0.78	0.74	-0.16	0.77	-0.36	0.63	0.87	0.71	0.77	0.87	0.64	0.03	0.59	0.29	0.71	-0.24	0.89	-0.18	0.82	0.31	0.03		0.79	0.69	-0.76
Short Term Debt	0.78	0.79	0.78	-0.04	0.52	-0.4	0.45	0.74	0.52	0.74	0.74	0.59	0.15	-0.01	0.05	0.94	0.0	0.65	-0.06	0.83	0.41	-0.18	0.79		0.51	-0.51
Intangible Assets	0.86	0.79	0.78	-0.16	0.41	-0.72	0.91	0.7	0.95	0.72	0.7	0.65	0.58	0.44	0.68	0.38	-0.07	0.84	-0.18	0.69	-0.05	0.22	0.69	0.51		-0.95
Other Liab	-0.85	-0.84	-0.72	0.11	-0.49	0.71	-0.94	-0.73	-0.93	-0.7	-0.73	-0.63	-0.51	-0.54	-0.63	-0.39	0.01	-0.92	0.14	-0.69	-0.1	-0.38	-0.76	-0.51	-0.95

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Siyata Mobile Account Relationship Matchups

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	147.1K	107.3K
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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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:

How To Invest In Siyata

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Is Siyata Stock a good investment?

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What is Siyata Mobile's Net Worth?

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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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

66.37

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.

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Siyata Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Siyata Mobile fundamental ratios Correlations

Siyata Mobile Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Siyata Mobile fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.96	Total Assets
Non Current Assets Total	+ 0.95	Accounts Payable
Total Current Assets	+ 0.95	Cash
Intangible Assets	+ 0.95	Non Current Assets Total

Other Liab	- 0.95	Intangible Assets
Other Liab	- 0.94	Accounts Payable
Other Liab	- 0.93	Non Current Assets Total
Other Liab	- 0.92	Total Liab
Common Stock Shares Outstanding	- 0.91	Retained Earnings
Other Liab	- 0.85	Total Assets