SatixFy Other Assets vs Property Plant And Equipment Net Analysis

SATX Stock  USD 0.90  0.01  1.12%   
SatixFy Communications financial indicator trend analysis is much more than just breaking down SatixFy Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SatixFy Communications is a good investment. Please check the relationship between SatixFy Communications Other Assets and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SatixFy Communications. 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 more information on how to buy SatixFy Stock please use our How to Invest in SatixFy Communications guide.

Other Assets vs Property Plant And Equipment Net

Other Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SatixFy Communications Other Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between SatixFy Communications' Other Assets and Property Plant And Equipment Net is -0.91. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of SatixFy Communications, assuming nothing else is changed. The correlation between historical values of SatixFy Communications' Other Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of SatixFy Communications are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., SatixFy Communications' Other Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Assets

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from SatixFy Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SatixFy Communications 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 SatixFy Communications. 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 more information on how to buy SatixFy Stock please use our How to Invest in SatixFy Communications guide.At this time, SatixFy Communications' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 6.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense4.6M9.9M12.1M7.9M
Depreciation And Amortization1.4M1.2M1.3M1.0M

SatixFy Communications fundamental ratios Correlations

0.940.90.33-0.60.57-0.71-0.540.610.93-0.92-0.930.880.750.790.590.940.880.7-0.440.99-0.820.640.560.960.93
0.940.980.63-0.80.8-0.8-0.740.841.0-0.98-0.950.910.50.570.821.00.910.86-0.40.98-0.950.850.271.01.0
0.90.980.68-0.830.79-0.9-0.80.810.99-0.96-0.90.810.480.570.80.970.810.86-0.550.95-0.960.810.230.960.99
0.330.630.68-0.90.91-0.67-0.890.890.65-0.63-0.530.47-0.3-0.20.910.60.470.83-0.20.46-0.780.85-0.530.560.65
-0.6-0.8-0.83-0.9-0.940.80.99-0.88-0.810.850.79-0.650.04-0.06-0.94-0.77-0.65-0.980.32-0.690.94-0.860.3-0.74-0.82
0.570.80.790.91-0.94-0.62-0.90.980.79-0.83-0.790.77-0.11-0.021.00.80.770.95-0.050.68-0.910.97-0.350.760.81
-0.71-0.8-0.9-0.670.8-0.620.8-0.62-0.840.80.69-0.49-0.39-0.5-0.65-0.76-0.49-0.750.81-0.770.85-0.59-0.15-0.76-0.83
-0.54-0.74-0.8-0.890.99-0.90.8-0.83-0.760.810.75-0.570.08-0.02-0.91-0.71-0.57-0.960.35-0.640.92-0.80.34-0.68-0.77
0.610.840.810.89-0.880.98-0.62-0.830.83-0.82-0.780.81-0.030.050.980.830.810.9-0.050.71-0.891.0-0.260.80.84
0.931.00.990.65-0.810.79-0.84-0.760.83-0.97-0.930.880.510.580.810.990.880.86-0.460.98-0.950.840.270.991.0
-0.92-0.98-0.96-0.630.85-0.830.80.81-0.82-0.970.99-0.9-0.44-0.51-0.84-0.97-0.9-0.920.37-0.960.97-0.84-0.2-0.97-0.98
-0.93-0.95-0.9-0.530.79-0.790.690.75-0.78-0.930.99-0.93-0.46-0.52-0.8-0.95-0.93-0.890.26-0.950.93-0.81-0.24-0.95-0.94
0.880.910.810.47-0.650.77-0.49-0.570.810.88-0.9-0.930.440.470.770.931.00.78-0.010.9-0.820.850.250.930.89
0.750.50.48-0.30.04-0.11-0.390.08-0.030.51-0.44-0.460.440.99-0.080.520.440.06-0.530.66-0.270.020.960.560.49
0.790.570.57-0.2-0.06-0.02-0.5-0.020.050.58-0.51-0.520.470.990.00.580.470.15-0.610.72-0.360.090.930.620.57
0.590.820.80.91-0.941.0-0.65-0.910.980.81-0.84-0.80.77-0.080.00.810.770.95-0.080.69-0.920.97-0.330.780.82
0.941.00.970.6-0.770.8-0.76-0.710.830.99-0.97-0.950.930.520.580.810.930.85-0.350.98-0.930.860.291.00.99
0.880.910.810.47-0.650.77-0.49-0.570.810.88-0.9-0.931.00.440.470.770.930.78-0.010.9-0.820.850.250.930.89
0.70.860.860.83-0.980.95-0.75-0.960.90.86-0.92-0.890.780.060.150.950.850.78-0.240.78-0.970.9-0.190.820.87
-0.44-0.4-0.55-0.20.32-0.050.810.35-0.05-0.460.370.26-0.01-0.53-0.61-0.08-0.35-0.01-0.24-0.450.39-0.01-0.41-0.36-0.43
0.990.980.950.46-0.690.68-0.77-0.640.710.98-0.96-0.950.90.660.720.690.980.90.78-0.45-0.890.740.450.990.97
-0.82-0.95-0.96-0.780.94-0.910.850.92-0.89-0.950.970.93-0.82-0.27-0.36-0.92-0.93-0.82-0.970.39-0.89-0.89-0.01-0.92-0.96
0.640.850.810.85-0.860.97-0.59-0.81.00.84-0.84-0.810.850.020.090.970.860.850.9-0.010.74-0.89-0.210.830.85
0.560.270.23-0.530.3-0.35-0.150.34-0.260.27-0.2-0.240.250.960.93-0.330.290.25-0.19-0.410.45-0.01-0.210.340.25
0.961.00.960.56-0.740.76-0.76-0.680.80.99-0.97-0.950.930.560.620.781.00.930.82-0.360.99-0.920.830.340.99
0.931.00.990.65-0.820.81-0.83-0.770.841.0-0.98-0.940.890.490.570.820.990.890.87-0.430.97-0.960.850.250.99
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SatixFy Communications Account Relationship Matchups

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