Siyata Net Receivables vs Good Will Analysis

SYTAW Stock  USD 0.05  0.01  12.54%   
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 Receivables and its Good Will 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 nation.
For more information on how to buy Siyata Stock please use our How to Invest in Siyata Mobile guide.

Net Receivables vs Good Will

Net Receivables vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Siyata Mobile Net Receivables account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Siyata Mobile's Net Receivables and Good Will is -0.05. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Good Will 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 Receivables and Good Will 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 Receivables of Siyata Mobile are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Receivables i.e., Siyata Mobile's Net Receivables and Good Will go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 nation.
For more information on how to buy Siyata Stock please use our How to Invest in Siyata Mobile guide.At this time, Siyata Mobile's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 14.6 M in 2024, whereas Enterprise Value Multiple is likely to drop (1.89) in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses18.3M22.2M18.8M19.7M
Interest Expense2.0M181.4K841.8K883.9K

Siyata Mobile fundamental ratios Correlations

0.90.96-0.210.43-0.520.820.90.880.590.90.860.30.370.480.750.890.940.540.20.850.780.86-0.28-0.66-0.65
0.90.79-0.030.51-0.740.810.730.840.660.730.690.470.220.430.670.920.810.540.270.780.790.79-0.58-0.6-0.81
0.960.79-0.250.25-0.410.710.870.790.460.870.870.270.20.410.80.740.930.460.080.740.780.78-0.14-0.73-0.65
-0.21-0.03-0.25-0.03-0.2-0.15-0.24-0.050.09-0.24-0.40.12-0.24-0.01-0.14-0.13-0.29-0.620.05-0.16-0.04-0.16-0.260.1-0.11
0.430.510.25-0.03-0.370.410.350.460.540.350.160.050.550.130.30.650.340.33-0.230.770.520.41-0.26-0.24-0.18
-0.52-0.74-0.41-0.2-0.37-0.75-0.21-0.75-0.31-0.21-0.22-0.910.01-0.49-0.14-0.61-0.27-0.45-0.18-0.36-0.4-0.720.940.080.6
0.820.810.71-0.150.41-0.750.590.950.30.590.60.610.420.640.310.850.610.630.310.630.430.91-0.64-0.19-0.5
0.90.730.87-0.240.35-0.210.590.660.671.00.82-0.030.470.350.80.80.950.370.240.870.740.70.03-0.73-0.52
0.880.840.79-0.050.46-0.750.950.660.440.660.660.590.440.660.380.870.670.550.240.710.520.95-0.58-0.28-0.48
0.590.660.460.090.54-0.310.30.670.440.670.5-0.010.40.180.560.710.640.180.20.730.630.45-0.18-0.54-0.37
0.90.730.87-0.240.35-0.210.591.00.660.670.82-0.030.470.350.80.80.950.370.240.870.740.70.03-0.73-0.52
0.860.690.87-0.40.16-0.220.60.820.660.50.820.070.330.370.660.70.90.540.370.640.590.65-0.05-0.57-0.45
0.30.470.270.120.05-0.910.61-0.030.59-0.01-0.030.07-0.230.46-0.080.310.030.410.10.030.150.58-0.870.12-0.44
0.370.220.2-0.240.550.010.420.470.440.40.470.33-0.230.42-0.040.580.310.30.30.59-0.010.440.050.130.33
0.480.430.41-0.010.13-0.490.640.350.660.180.350.370.460.42-0.010.520.320.570.320.290.050.68-0.370.07-0.09
0.750.670.8-0.140.3-0.140.310.80.380.560.80.66-0.08-0.04-0.010.540.880.22-0.130.710.940.380.11-0.99-0.76
0.890.920.74-0.130.65-0.610.850.80.870.710.80.70.310.580.520.540.790.570.340.890.650.84-0.47-0.44-0.54
0.940.810.93-0.290.34-0.270.610.950.670.640.950.90.030.310.320.880.790.440.170.820.830.69-0.03-0.81-0.65
0.540.540.46-0.620.33-0.450.630.370.550.180.370.540.410.30.570.220.570.440.20.410.290.56-0.37-0.12-0.28
0.20.270.080.05-0.23-0.180.310.240.240.20.240.370.10.30.32-0.130.340.170.20.03-0.180.22-0.340.2-0.08
0.850.780.74-0.160.77-0.360.630.870.710.730.870.640.030.590.290.710.890.820.410.030.790.69-0.14-0.64-0.46
0.780.790.78-0.040.52-0.40.430.740.520.630.740.590.15-0.010.050.940.650.830.29-0.180.790.51-0.15-0.92-0.82
0.860.790.78-0.160.41-0.720.910.70.950.450.70.650.580.440.680.380.840.690.560.220.690.51-0.52-0.29-0.46
-0.28-0.58-0.14-0.26-0.260.94-0.640.03-0.58-0.180.03-0.05-0.870.05-0.370.11-0.47-0.03-0.37-0.34-0.14-0.15-0.52-0.180.46
-0.66-0.6-0.730.1-0.240.08-0.19-0.73-0.28-0.54-0.73-0.570.120.130.07-0.99-0.44-0.81-0.120.2-0.64-0.92-0.29-0.180.74
-0.65-0.81-0.65-0.11-0.180.6-0.5-0.52-0.48-0.37-0.52-0.45-0.440.33-0.09-0.76-0.54-0.65-0.28-0.08-0.46-0.82-0.460.460.74
Click cells to compare fundamentals

Siyata Mobile Account Relationship Matchups

Siyata Mobile fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.1M31.1M12.1M16.1M15.5M16.3M
Total Current Liabilities3.3M9.4M6.9M6.3M5.4M5.7M
Total Stockholder Equity8.5M21.3M2.5M9.2M9.7M10.2M
Property Plant And Equipment Net243.9K432.5K1.3M1.1M806.1K749.4K
Net Debt2.8M1.6M2.8M(974.7K)1.3M1.4M
Retained Earnings(25.1M)(38.9M)(62.5M)(77.8M)(90.8M)(86.2M)
Accounts Payable2.0M2.6M2.6M3.1M3.4M3.6M
Cash2.7M5.5M1.6M1.9M898.8K912.1K
Non Current Assets Total7.7M8.0M5.9M8.2M8.8M9.3M
Non Currrent Assets Other199.3K214.5K168.2K150.2K(1.0)(0.95)
Cash And Short Term Investments2.7M5.5M1.6M1.9M898.8K912.1K
Net Receivables1.5M2.7M886.4K1.6M1.2M686.0K
Common Stock Shares Outstanding8.1K14.8K48.5K209.1K228.6K240.0K
Liabilities And Stockholders Equity16.1M31.1M12.1M16.1M15.5M16.3M
Non Current Liabilities Total4.4M408.5K2.7M635.2K385.6K366.4K
Inventory3.4M2.4M2.4M4.1M3.5M3.0M
Other Current Assets900.6K12.5M1.3M329.4K1.1M1.2M
Total Liab7.6M9.8M9.6M6.9M5.8M6.1M
Total Current Assets8.4M23.1M6.2M7.9M6.7M3.8M
Accumulated Other Comprehensive Income5.0M10.1M10.4M13.7M14.7M15.5M
Other Current Liab76.6K56.5K2.5M2.7M156.4K148.6K
Short Long Term Debt Total5.5M7.0M4.4M939.0K2.2M2.9M
Short Term Debt1.2M6.7M1.7M303.8K1.8M1.9M
Intangible Assets6.4M6.5M4.4M7.0M7.9M5.9M
Net Invested Capital13.7M27.9M5.9M9.2M11.3M10.3M
Capital Stock28.6M50.1M54.7M73.3M85.7M57.3M
Net Working Capital5.1M13.7M(669.0K)1.6M1.3M1.2M
Common Stock28.6M50.1M54.7M73.3M85.7M57.3M

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