Solaris Net Debt vs Total Liab Analysis
Solaris Energy financial indicator trend analysis is much more than just breaking down Solaris Energy Infra prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solaris Energy Infra is a good investment. Please check the relationship between Solaris Energy Net Debt and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Net Debt vs Total Liab
Net Debt vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solaris Energy Infra Net Debt account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Solaris Energy's Net Debt and Total Liab is -0.68. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Solaris Energy Infrastructure,, assuming nothing else is changed. The correlation between historical values of Solaris Energy's Net Debt and Total Liab 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 Debt of Solaris Energy Infrastructure, are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Solaris Energy's Net Debt and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Solaris Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solaris Energy Infra 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. The Solaris Energy's current Tax Provision is estimated to increase to about 8.2 M, while Selling General Administrative is projected to decrease to under 23.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 16.5M | 69.8M | 78.9M | 48.2M | Total Revenue | 159.2M | 320.0M | 292.9M | 240.7M |
Solaris Energy fundamental ratios Correlations
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Solaris Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Tools for Solaris Stock
When running Solaris Energy's price analysis, check to measure Solaris Energy'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 Solaris Energy is operating at the current time. Most of Solaris Energy's value examination focuses on studying past and present price action to predict the probability of Solaris Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solaris Energy's price. Additionally, you may evaluate how the addition of Solaris Energy to your portfolios can decrease your overall portfolio volatility.
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