Safety Average Inventory vs Capex To Revenue Analysis

SHOT Stock   0.72  0.04  5.88%   
Safety Shot financial indicator trend analysis is much more than just breaking down Safety Shot prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Safety Shot is a good investment. Please check the relationship between Safety Shot Average Inventory and its Capex To Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safety Shot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.

Average Inventory vs Capex To Revenue

Average Inventory vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safety Shot Average Inventory account and Capex To Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Safety Shot's Average Inventory and Capex To Revenue is -0.95. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Safety Shot, assuming nothing else is changed. The correlation between historical values of Safety Shot's Average Inventory and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of Safety Shot are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Average Inventory i.e., Safety Shot's Average Inventory and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Safety Shot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Safety Shot 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 Safety Shot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.At this time, Safety Shot's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 113.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.5 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization187.9K93.5K215.2K145.1K
Interest Income7.3K1.7K57.4K60.3K

Safety Shot fundamental ratios Correlations

0.740.98-0.79-0.810.80.930.970.690.850.790.990.760.680.880.890.790.90.920.560.690.970.510.940.850.5
0.740.58-0.21-0.880.990.490.60.150.851.00.680.760.990.830.860.90.710.810.630.830.610.860.880.340.94
0.980.58-0.9-0.70.650.980.980.790.760.640.980.680.50.790.80.680.860.850.480.570.980.350.860.930.31
-0.79-0.21-0.90.33-0.28-0.95-0.9-0.96-0.42-0.28-0.85-0.34-0.12-0.56-0.47-0.28-0.67-0.56-0.13-0.3-0.890.05-0.55-0.970.09
-0.81-0.88-0.70.33-0.91-0.58-0.67-0.16-0.99-0.89-0.74-0.97-0.87-0.82-0.98-0.96-0.79-0.9-0.87-0.75-0.7-0.87-0.93-0.43-0.78
0.80.990.65-0.28-0.910.540.640.20.890.990.720.80.980.840.890.940.750.870.680.810.660.850.920.40.91
0.930.490.98-0.95-0.580.540.980.890.660.550.960.560.410.750.70.520.810.740.350.520.980.240.760.960.21
0.970.60.98-0.9-0.670.640.980.840.740.660.990.620.520.850.780.620.90.840.390.661.00.320.840.950.32
0.690.150.79-0.96-0.160.20.890.840.250.220.780.120.060.510.320.130.60.45-0.120.310.81-0.20.440.95-0.14
0.850.850.76-0.42-0.990.890.660.740.250.870.790.970.840.840.990.930.820.90.860.740.760.830.930.510.72
0.791.00.64-0.28-0.890.990.550.660.220.870.730.770.980.870.890.910.770.860.620.860.670.840.910.420.91
0.990.680.98-0.85-0.740.720.960.990.780.790.730.680.60.880.840.70.920.880.460.70.990.410.890.910.41
0.760.760.68-0.34-0.970.80.560.620.120.970.770.680.750.690.940.910.680.80.960.560.660.850.850.380.67
0.680.990.5-0.12-0.870.980.410.520.060.840.980.60.750.80.840.880.670.770.650.830.540.90.840.250.97
0.880.830.79-0.56-0.820.840.750.850.510.840.870.880.690.80.890.760.970.920.460.950.850.570.910.710.62
0.890.860.8-0.47-0.980.890.70.780.320.990.890.840.940.840.890.920.880.940.80.790.810.790.960.570.71
0.790.90.68-0.28-0.960.940.520.620.130.930.910.70.910.880.760.920.730.90.820.680.630.840.940.380.81
0.90.710.86-0.67-0.790.750.810.90.60.820.770.920.680.670.970.880.730.940.440.870.890.440.910.810.46
0.920.810.85-0.56-0.90.870.740.840.450.90.860.880.80.770.920.940.90.940.620.80.830.60.990.690.6
0.560.630.48-0.13-0.870.680.350.39-0.120.860.620.460.960.650.460.80.820.440.620.350.440.860.670.140.62
0.690.830.57-0.3-0.750.810.520.660.310.740.860.70.560.830.950.790.680.870.80.350.660.590.80.50.7
0.970.610.98-0.89-0.70.660.981.00.810.760.670.990.660.540.850.810.630.890.830.440.660.370.840.930.34
0.510.860.350.05-0.870.850.240.32-0.20.830.840.410.850.90.570.790.840.440.60.860.590.370.690.020.92
0.940.880.86-0.55-0.930.920.760.840.440.930.910.890.850.840.910.960.940.910.990.670.80.840.690.660.69
0.850.340.93-0.97-0.430.40.960.950.950.510.420.910.380.250.710.570.380.810.690.140.50.930.020.660.03
0.50.940.310.09-0.780.910.210.32-0.140.720.910.410.670.970.620.710.810.460.60.620.70.340.920.690.03
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Safety Shot Account Relationship Matchups

Safety Shot fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets745.8K6.5M18.9M8.7M12.7M8.8M
Total Current Liabilities336.4K2.1M1.6M4.5M3.6M2.2M
Total Stockholder Equity379.2K4.4M16.6M3.7M8.8M6.2M
Net Debt(180.3K)(2.9M)(10.9M)800.3K(1.8M)(1.9M)
Retained Earnings(985.2K)(7.3M)(35.4M)(50.6M)(65.7M)(62.4M)
Accounts Payable10.7K688.8K710.0K1.5M1.5M817.4K
Cash531.0K4.3M11.8M1.9M3.8M4.1M
Cash And Short Term Investments531.0K4.3M14.7M4.8M5.3M5.5M
Net Receivables2.3K255.1K695.3K26.4K5.6K5.3K
Liabilities And Stockholders Equity745.8K6.5M18.9M8.7M12.7M8.8M
Other Stockholder Equity2.3M11.7M51.7M53.8M73.7M77.4M
Total Liab366.6K2.1M2.3M5.0M3.9M2.5M
Total Current Assets745.8K5.0M16.3M6.8M7.7M6.7M
Accumulated Other Comprehensive Income(985.2K)0.0285K477K725.2K761.5K
Common Stock6.9K10.7K24.0K22.3K45.6K47.9K

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Additional Tools for Safety Stock Analysis

When running Safety Shot's price analysis, check to measure Safety Shot'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 Safety Shot is operating at the current time. Most of Safety Shot's value examination focuses on studying past and present price action to predict the probability of Safety Shot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safety Shot's price. Additionally, you may evaluate how the addition of Safety Shot to your portfolios can decrease your overall portfolio volatility.