SCHMID Current Deferred Revenue vs Property Plant And Equipment Net Analysis

SHMDW Stock   0.30  0.01  3.45%   
SCHMID Group financial indicator trend analysis is much more than just breaking down SCHMID Group NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SCHMID Group NV is a good investment. Please check the relationship between SCHMID Group Current Deferred Revenue 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 SCHMID Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Current Deferred Revenue vs Property Plant And Equipment Net

Current Deferred Revenue 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 SCHMID Group NV Current Deferred Revenue account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SCHMID Group's Current Deferred Revenue and Property Plant And Equipment Net is -0.58. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of SCHMID Group NV, assuming nothing else is changed. The correlation between historical values of SCHMID Group's Current Deferred Revenue 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 Current Deferred Revenue of SCHMID Group NV 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 Current Deferred Revenue i.e., SCHMID Group's Current Deferred Revenue and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 SCHMID Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SCHMID Group NV 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 SCHMID Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Sales General And Administrative To Revenue is likely to climb to 0.26 in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.
 2010 2022 2023 2024 (projected)
Depreciation And Amortization4.9M6.3M6.9M6.6M
Interest Income3.2M4.1M3.9M4.1M

SCHMID Group fundamental ratios Correlations

0.82-0.970.74-0.310.170.680.71-0.250.440.010.04-0.210.440.520.48-0.25-0.470.56-0.120.770.960.210.490.880.57
0.82-0.850.37-0.730.40.290.980.260.040.480.480.340.040.150.690.3-0.810.09-0.620.990.89-0.310.830.470.13
-0.97-0.85-0.750.31-0.05-0.71-0.760.22-0.360.030.020.16-0.36-0.61-0.390.20.44-0.580.14-0.78-0.91-0.14-0.47-0.81-0.62
0.740.37-0.750.35-0.520.990.2-0.790.82-0.42-0.48-0.720.820.72-0.23-0.750.220.940.490.230.530.72-0.170.910.86
-0.31-0.730.310.35-0.830.44-0.83-0.820.53-0.79-0.86-0.850.530.39-0.9-0.830.980.60.97-0.83-0.540.81-0.980.150.51
0.170.4-0.05-0.52-0.83-0.580.480.73-0.470.650.780.66-0.47-0.490.930.68-0.83-0.64-0.760.540.42-0.620.81-0.15-0.58
0.680.29-0.710.990.44-0.580.12-0.830.8-0.52-0.58-0.770.80.78-0.31-0.80.30.970.570.150.470.75-0.260.880.91
0.710.98-0.760.2-0.830.480.120.44-0.170.520.540.51-0.170.090.740.47-0.88-0.08-0.740.990.81-0.50.890.30.01
-0.250.260.22-0.79-0.820.73-0.830.44-0.880.680.750.98-0.88-0.560.640.99-0.72-0.9-0.90.39-0.01-0.980.69-0.67-0.76
0.440.04-0.360.820.53-0.470.8-0.17-0.88-0.27-0.35-0.821.00.3-0.35-0.820.420.790.63-0.090.260.9-0.360.770.56
0.010.480.03-0.42-0.790.65-0.520.520.68-0.270.980.76-0.27-0.790.620.76-0.73-0.69-0.840.540.21-0.620.76-0.31-0.78
0.040.480.02-0.48-0.860.78-0.580.540.75-0.350.980.79-0.35-0.780.730.8-0.8-0.74-0.880.580.27-0.670.82-0.31-0.79
-0.210.340.16-0.72-0.850.66-0.770.510.98-0.820.760.79-0.82-0.590.61.0-0.74-0.87-0.940.460.01-0.980.72-0.65-0.76
0.440.04-0.360.820.53-0.470.8-0.17-0.881.0-0.27-0.35-0.820.3-0.35-0.820.420.790.63-0.090.260.9-0.360.770.56
0.520.15-0.610.720.39-0.490.780.09-0.560.3-0.79-0.78-0.590.3-0.26-0.620.270.820.50.060.340.45-0.290.630.96
0.480.69-0.39-0.23-0.90.93-0.310.740.64-0.350.620.730.6-0.35-0.260.6-0.95-0.42-0.790.790.7-0.580.930.11-0.34
-0.250.30.2-0.75-0.830.68-0.80.470.99-0.820.760.81.0-0.82-0.620.6-0.73-0.9-0.930.42-0.02-0.980.71-0.67-0.79
-0.47-0.810.440.220.98-0.830.3-0.88-0.720.42-0.73-0.8-0.740.420.27-0.95-0.730.460.92-0.89-0.670.71-1.0-0.020.38
0.560.09-0.580.940.6-0.640.97-0.08-0.90.79-0.69-0.74-0.870.790.82-0.42-0.90.460.72-0.050.330.83-0.440.840.95
-0.12-0.620.140.490.97-0.760.57-0.74-0.90.63-0.84-0.88-0.940.630.5-0.79-0.930.920.72-0.72-0.340.9-0.910.350.64
0.770.99-0.780.23-0.830.540.150.990.39-0.090.540.580.46-0.090.060.790.42-0.89-0.05-0.720.87-0.430.910.380.01
0.960.89-0.910.53-0.540.420.470.81-0.010.260.210.270.010.260.340.7-0.02-0.670.33-0.340.870.00.690.750.36
0.21-0.31-0.140.720.81-0.620.75-0.5-0.980.9-0.62-0.67-0.980.90.45-0.58-0.980.710.830.9-0.430.0-0.670.650.67
0.490.83-0.47-0.17-0.980.81-0.260.890.69-0.360.760.820.72-0.36-0.290.930.71-1.0-0.44-0.910.910.69-0.670.05-0.38
0.880.47-0.810.910.15-0.150.880.3-0.670.77-0.31-0.31-0.650.770.630.11-0.67-0.020.840.350.380.750.650.050.77
0.570.13-0.620.860.51-0.580.910.01-0.760.56-0.78-0.79-0.760.560.96-0.34-0.790.380.950.640.010.360.67-0.380.77
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SCHMID Group Account Relationship Matchups

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