Solution Total Current Liabilities vs Non Current Liabilities Total Analysis
SFI Stock | 0.29 0.01 3.57% |
Solution Financial financial indicator trend analysis is much more than just breaking down Solution Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solution Financial is a good investment. Please check the relationship between Solution Financial Total Current Liabilities and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solution Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Current Liabilities vs Non Current Liabilities Total
Total Current Liabilities vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solution Financial Total Current Liabilities account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Solution Financial's Total Current Liabilities and Non Current Liabilities Total is 0.73. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Solution Financial, assuming nothing else is changed. The correlation between historical values of Solution Financial's Total Current Liabilities and Non Current Liabilities Total 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 Current Liabilities of Solution Financial are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Liabilities i.e., Solution Financial's Total Current Liabilities and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Solution Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Solution Financial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Non Current Liabilities Total
Most indicators from Solution Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solution Financial 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 Solution Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 20th of December 2024, Selling General Administrative is likely to drop to about 2.2 M. In addition to that, Tax Provision is likely to grow to about (387.6 K)
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 15.9M | 15.4M | 11.5M | 11.4M | EBITDA | 6.8M | 5.9M | 6.7M | 5.2M |
Solution Financial fundamental ratios Correlations
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Solution Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Solution Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.5M | 29.1M | 33.3M | 29.8M | 29.6M | 22.3M | |
Total Current Liabilities | 7.8M | 13.6M | 10.9M | 9.7M | 8.4M | 7.5M | |
Total Stockholder Equity | 9.5M | 10.4M | 13.4M | 13.5M | 12.8M | 9.5M | |
Retained Earnings | 2.3M | 2.4M | 3.0M | 3.4M | 2.5M | 2.6M | |
Cash | 583.2K | 2.5M | 3.4M | 1.8M | 1.3M | 1.5M | |
Cash And Short Term Investments | 583.2K | 2.5M | 3.4M | 1.8M | 2.1M | 1.5M | |
Net Receivables | 540.4K | 393.0K | 504.8K | 233.8K | 525.1K | 403.2K | |
Common Stock Shares Outstanding | 79.3M | 81.4M | 89.4M | 87.6M | 86.4M | 70.8M | |
Long Term Debt Total | 2.6M | 8.1K | 3.2M | 3.0M | 3.5M | 3.6M | |
Liabilities And Stockholders Equity | 24.5M | 29.1M | 33.3M | 29.8M | 34.3M | 20.9M | |
Capital Surpluse | 675.9K | 872.6K | 528.3K | 179.5K | 206.4K | 196.1K | |
Total Liab | 15.0M | 18.6M | 19.9M | 16.3M | 16.8M | 12.8M | |
Total Current Assets | 2.2M | 3.9M | 5.5M | 7.2M | 12.0M | 12.6M | |
Short Term Debt | 5.8M | 10.1M | 10.0M | 8.4M | 9.7M | 5.5M | |
Common Stock | 5.5M | 7.1M | 9.7M | 9.5M | 10.9M | 6.1M | |
Other Current Liab | 533.4K | 610.3K | 674.1K | 765.7K | 4.5M | 4.8M | |
Other Liab | 4.6M | 5.0M | 5.7M | 3.7M | 4.2M | 4.2M | |
Net Tangible Assets | 9.4M | 10.4M | 13.4M | 13.4M | 15.5M | 11.0M | |
Accounts Payable | 210.6K | 221.3K | 220.7K | 436.0K | 392.4K | 315.3K | |
Other Assets | 22.0M | 24.9M | 27.5M | 22.2M | 25.6M | 21.2M | |
Inventory | 980.1K | 554.0K | 426.4K | 472.5K | 491.0K | 463.5K | |
Property Plant Equipment | 270.6K | 283.9K | 319.7K | 333.7K | 383.8K | 326.1K | |
Net Debt | 9.0M | 10.2M | 9.8M | 9.6M | 1.9M | 1.8M | |
Non Current Assets Total | 22.3M | 25.2M | 27.8M | 22.6M | 17.7M | 23.5M | |
Long Term Debt | 2.6M | 0.0 | 3.2M | 3.0M | 3.4M | 2.2M | |
Non Current Liabilities Total | 7.2M | 4.2M | 9.0M | 6.7M | 8.4M | 7.2M | |
Other Stockholder Equity | 974.3K | 93.7K | 235.1K | 358.5K | 322.6K | 406.7K | |
Net Invested Capital | 19.1M | 23.2M | 26.6M | 24.9M | 16.0M | 22.2M | |
Short Long Term Debt | 7.0M | 12.7M | 10.0M | 8.4M | 3.2M | 3.0M | |
Capital Stock | 5.5M | 7.1M | 9.7M | 9.5M | 9.4M | 8.5M | |
Cash And Equivalents | 583.2K | 2.5M | 3.4M | 1.8M | 2.1M | 1.9M | |
Net Working Capital | (5.6M) | (10.6M) | (5.4M) | (2.5M) | 3.6M | 3.8M |
Pair Trading with Solution Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Solution Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Solution Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Solution Stock
The ability to find closely correlated positions to Solution Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solution Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Solution Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Solution Financial to buy it.
The correlation of Solution Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Solution Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solution Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Solution Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Solution Stock
Balance Sheet is a snapshot of the financial position of Solution Financial at a specified time, usually calculated after every quarter, six months, or one year. Solution Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Solution Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Solution currently owns. An asset can also be divided into two categories, current and non-current.