| WORX Stock | | | USD 2.12 1.14 116.33% |
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 Net Working Capital and its Net Debt 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.
Net Working Capital vs Net Debt
Net Working Capital vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Scworx Corp Net Working Capital account and
Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Scworx Corp's Net Working Capital and Net Debt is -0.25. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Debt 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 Net Working Capital and Net Debt 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 Working Capital of Scworx Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Working Capital i.e., Scworx Corp's Net Working Capital and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.25 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Working Capital
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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.
Scworx Corp fundamental ratios Correlations
Click cells to compare fundamentals
Scworx Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scworx Corp fundamental ratios Accounts
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Additional Tools for Scworx Stock Analysis
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measure Scworx Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Scworx Corp is operating at the current time. Most of Scworx Corp's value examination focuses on studying past and present price action to
predict the probability of Scworx Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scworx Corp's price. Additionally, you may evaluate how the addition of Scworx Corp to your portfolios can decrease your overall portfolio volatility.