Yotta Total Stockholder Equity vs Net Working Capital Analysis
YOTAW Stock | USD 0.05 0 7.76% |
Yotta Acquisition financial indicator trend analysis is more than just analyzing Yotta Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yotta Acquisition is a good investment. Please check the relationship between Yotta Acquisition Total Stockholder Equity and its Net Working Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yotta Acquisition. 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 Yotta Stock please use our How to Invest in Yotta Acquisition guide.
Total Stockholder Equity vs Net Working Capital
Total Stockholder Equity vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yotta Acquisition Total Stockholder Equity account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Yotta Acquisition's Total Stockholder Equity and Net Working Capital is -0.04. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Yotta Acquisition, assuming nothing else is changed. The correlation between historical values of Yotta Acquisition's Total Stockholder Equity and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Yotta Acquisition are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Stockholder Equity i.e., Yotta Acquisition's Total Stockholder Equity and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Working Capital
Most indicators from Yotta Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yotta Acquisition 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 Yotta Acquisition. 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 Yotta Stock please use our How to Invest in Yotta Acquisition guide.Selling General Administrative is likely to climb to about 1.6 B in 2024, whereas Tax Provision is likely to drop slightly above 531.5 K in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 11.8K | 1.2M | 1.5M | 1.0M | EBITDA | 2.4K | 1.7B | 1.9M | 1.8M |
Yotta Acquisition fundamental ratios Correlations
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Yotta Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Yotta Acquisition's price analysis, check to measure Yotta Acquisition'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 Yotta Acquisition is operating at the current time. Most of Yotta Acquisition's value examination focuses on studying past and present price action to predict the probability of Yotta Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yotta Acquisition's price. Additionally, you may evaluate how the addition of Yotta Acquisition to your portfolios can decrease your overall portfolio volatility.