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 Depreciation And Amortization and its Ebitda 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.
Depreciation And Amortization vs Ebitda
Depreciation And Amortization vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Safety Shot Depreciation And Amortization account and
Ebitda. At this time, the significance of the direction appears to have pay attention.
The correlation between Safety Shot's Depreciation And Amortization and Ebitda is -0.84. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Ebitda 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 Depreciation And Amortization and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Safety Shot are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Depreciation And Amortization i.e., Safety Shot's Depreciation And Amortization and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Ebitda
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 Amortization | 187.9K | 93.5K | 215.2K | 145.1K | Interest Income | 7.3K | 1.7K | 57.4K | 60.3K |
Safety Shot fundamental ratios Correlations
Click cells to compare fundamentals
Safety Shot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Safety Shot fundamental ratios Accounts
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Additional Tools for Safety Stock Analysis
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