Scworx Cash And Cash Equivalents Changes vs Issuance Of Capital Stock Analysis

WORX Stock  USD 2.58  0.20  8.40%   
Scworx Corp financial indicator trend analysis is much more than just breaking down Scworx Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scworx Corp is a good investment. Please check the relationship between Scworx Corp Cash And Cash Equivalents Changes and its Issuance Of Capital Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Scworx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Scworx Stock please use our How to Invest in Scworx Corp guide.

Cash And Cash Equivalents Changes vs Issuance Of Capital Stock

Cash And Cash Equivalents Changes vs Issuance Of Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scworx Corp Cash And Cash Equivalents Changes account and Issuance Of Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Scworx Corp's Cash And Cash Equivalents Changes and Issuance Of Capital Stock is -0.44. Overlapping area represents the amount of variation of Cash And Cash Equivalents Changes that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Scworx Corp, assuming nothing else is changed. The correlation between historical values of Scworx Corp's Cash And Cash Equivalents Changes and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Cash Equivalents Changes of Scworx Corp are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Cash And Cash Equivalents Changes i.e., Scworx Corp's Cash And Cash Equivalents Changes and Issuance Of Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash And Cash Equivalents Changes

Issuance Of Capital Stock

Most indicators from Scworx Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scworx Corp 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Scworx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Scworx Stock please use our How to Invest in Scworx Corp guide.Selling General Administrative is likely to rise to about 5.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 544.3 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9M1.4M1.3M1.3M
Total Revenue4.6M4.0M3.8M3.9M

Scworx Corp fundamental ratios Correlations

0.080.120.390.89-0.57-0.620.65-0.110.40.410.530.060.61-0.59-0.230.67-0.67-0.15-0.02-0.2-0.680.640.670.470.52
0.080.890.79-0.30.28-0.23-0.530.890.140.770.670.76-0.560.090.160.16-0.26-0.630.650.71-0.270.150.4-0.290.21
0.120.890.84-0.280.26-0.42-0.530.860.40.820.730.69-0.480.290.060.14-0.36-0.850.780.75-0.37-0.010.43-0.150.37
0.390.790.84-0.070.31-0.76-0.170.660.371.00.640.54-0.11-0.21-0.240.54-0.72-0.870.560.43-0.720.390.770.290.72
0.89-0.3-0.28-0.07-0.77-0.290.78-0.440.25-0.050.27-0.20.7-0.51-0.110.45-0.370.25-0.29-0.41-0.370.490.340.360.2
-0.570.280.260.31-0.77-0.16-0.370.42-0.110.31-0.40.25-0.290.03-0.050.08-0.19-0.310.260.24-0.190.00.190.030.24
-0.62-0.23-0.42-0.76-0.29-0.16-0.37-0.16-0.49-0.78-0.35-0.11-0.50.50.56-0.780.940.69-0.210.050.94-0.54-0.87-0.76-0.97
0.65-0.53-0.53-0.170.78-0.37-0.37-0.660.06-0.14-0.19-0.420.96-0.68-0.160.54-0.480.35-0.38-0.6-0.480.520.320.540.41
-0.110.890.860.66-0.440.42-0.16-0.660.120.640.440.88-0.630.210.050.15-0.19-0.590.520.61-0.20.120.35-0.240.08
0.40.140.40.370.25-0.11-0.490.060.120.370.49-0.070.190.04-0.30.14-0.37-0.380.320.23-0.38-0.060.420.140.43
0.410.770.821.0-0.050.31-0.78-0.140.640.370.630.52-0.08-0.26-0.270.57-0.74-0.850.530.4-0.740.420.80.320.74
0.530.670.730.640.27-0.4-0.35-0.190.440.490.630.33-0.20.130.040.09-0.25-0.60.560.56-0.250.010.32-0.130.29
0.060.760.690.54-0.20.25-0.11-0.420.88-0.070.520.33-0.440.050.180.31-0.25-0.370.360.37-0.260.360.38-0.180.0
0.61-0.56-0.48-0.110.7-0.29-0.50.96-0.630.19-0.08-0.2-0.44-0.67-0.360.6-0.550.22-0.41-0.64-0.540.50.380.690.53
-0.590.090.29-0.21-0.510.030.5-0.680.210.04-0.260.130.05-0.670.49-0.830.64-0.160.520.630.64-0.9-0.67-0.68-0.48
-0.230.160.06-0.24-0.11-0.050.56-0.160.05-0.3-0.270.040.18-0.360.49-0.530.420.280.50.550.41-0.39-0.48-0.82-0.5
0.670.160.140.540.450.08-0.780.540.150.140.570.090.310.6-0.83-0.53-0.9-0.26-0.21-0.41-0.90.930.90.770.71
-0.67-0.26-0.36-0.72-0.37-0.190.94-0.48-0.19-0.37-0.74-0.25-0.25-0.550.640.42-0.90.52-0.160.11.0-0.73-0.94-0.71-0.9
-0.15-0.63-0.85-0.870.25-0.310.690.35-0.59-0.38-0.85-0.6-0.370.22-0.160.28-0.260.52-0.65-0.510.520.0-0.49-0.26-0.66
-0.020.650.780.56-0.290.26-0.21-0.380.520.320.530.560.36-0.410.520.5-0.21-0.16-0.650.93-0.17-0.350.11-0.430.25
-0.20.710.750.43-0.410.240.05-0.60.610.230.40.560.37-0.640.630.55-0.410.1-0.510.930.1-0.48-0.08-0.65-0.01
-0.68-0.27-0.37-0.72-0.37-0.190.94-0.48-0.2-0.38-0.74-0.25-0.26-0.540.640.41-0.91.00.52-0.170.1-0.74-0.95-0.7-0.89
0.640.15-0.010.390.490.0-0.540.520.12-0.060.420.010.360.5-0.9-0.390.93-0.730.0-0.35-0.48-0.740.790.620.46
0.670.40.430.770.340.19-0.870.320.350.420.80.320.380.38-0.67-0.480.9-0.94-0.490.11-0.08-0.950.790.630.78
0.47-0.29-0.150.290.360.03-0.760.54-0.240.140.32-0.13-0.180.69-0.68-0.820.77-0.71-0.26-0.43-0.65-0.70.620.630.71
0.520.210.370.720.20.24-0.970.410.080.430.740.290.00.53-0.48-0.50.71-0.9-0.660.25-0.01-0.890.460.780.71
Click cells to compare fundamentals

Scworx Corp Account Relationship Matchups

Scworx Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0M10.6M9.1M9.2M6.3M9.1M
Other Current Liab7.1M2.0M375K125K378.8K118.8K
Total Current Liabilities3.1M4.6M2.3M2.3M2.3M3.1M
Total Stockholder Equity6.9M5.7M6.4M6.8M3.9M5.9M
Net Debt(488.0K)(82.5K)362.5K(101.7K)(117.0K)(122.8K)
Retained Earnings(12.8M)(20.2M)(24.0M)(25.9M)(29.8M)(28.3M)
Common Stock Total Equity12.7K921.07.4K9.9K11.4K8.3K
Liabilities And Stockholders Equity10.0M10.6M9.1M9.2M10.6M9.4M
Non Current Liabilities Total1.1M294.0K433.6K147.7K90.4K85.8K
Other Current Assets11.2K(3.0)127.9K295.2K39.5K37.6K
Total Liab3.1M4.9M2.7M2.5M2.4M3.2M
Total Current Assets1.3M2.2M756.5K880.7K435.8K414.0K
Short Term Debt2.0M475K100K125K143.8K136.6K
Common Stock7.4K9.9K11.3K13.0K15.0K9.6K
Net Tangible Assets(1.6M)(2.6M)(2.0M)(1.6M)(1.4M)(1.5M)
Accounts Payable2.0M1.7M1.6M1.4M1.6M1.4M
Cash488.0K376.4K71.1K249.5K91.4K86.9K
Non Current Assets Total0.08.7M8.4M8.4M5.8M5.8M
Cash And Short Term Investments488.0K376.4K71.1K249.5K224.5K213.3K
Net Receivables799.2K722.2K464.9K336.0K304.8K397.9K
Common Stock Shares Outstanding417.6K603.8K700.6K797.9K1.2M1.3M
Capital Surpluse24.6M28.4M19.7M25.9M29.8M25.7M
Other Stockholder Equity19.7M25.9M29.8M32.0M36.8M28.1M
Net Invested Capital6.9M6.0M6.8M6.9M3.9M5.9M
Net Working Capital(1.8M)(2.4M)(1.5M)(1.4M)(1.9M)(2.0M)
Capital Stock8.0K10.0K11.3K13.1K1.3K1.2K

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