Safety Cash vs Non Current Liabilities Total Analysis

SHOTW Stock   0.18  0.01  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 Cash 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 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 estimate.
For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.

Cash vs Non Current Liabilities Total

Cash vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safety Shot Cash account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Safety Shot's Cash and Non Current Liabilities Total is 0.64. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Liabilities Total 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 Cash 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 Cash of Safety Shot 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 Cash i.e., Safety Shot's Cash and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Safety Shot, which is listed under current asset account on Safety Shot balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Safety Shot customers. The amounts must be unrestricted with restricted cash listed in a different Safety Shot account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Current Liabilities Total

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 estimate.
For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.Issuance Of Capital Stock is likely to climb to about 9.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M1.3M383.0K363.9K
Interest Income7.3K1.7K57.4K60.3K

Safety Shot fundamental ratios Correlations

0.410.670.96-0.830.860.850.80.910.910.90.910.820.710.990.471.00.910.890.92-0.12-0.39
0.410.760.22-0.630.64-0.01-0.090.630.550.570.230.660.760.320.750.380.620.060.59-0.68-0.8
0.670.760.45-0.930.890.190.10.830.740.770.450.871.00.570.970.620.840.250.79-0.77-0.77
0.960.220.45-0.660.670.940.910.750.80.760.960.620.510.990.240.970.760.970.80.16-0.29
-0.83-0.63-0.93-0.66-0.96-0.42-0.34-0.96-0.92-0.94-0.57-0.96-0.95-0.75-0.81-0.8-0.96-0.51-0.950.620.61
0.860.640.890.67-0.960.510.430.980.920.940.620.990.910.780.780.830.980.560.93-0.6-0.48
0.85-0.010.190.94-0.420.511.00.580.640.590.920.440.240.91-0.020.870.590.980.620.390.01
0.8-0.090.10.91-0.340.431.00.50.560.520.890.360.150.86-0.10.820.510.960.540.470.08
0.910.630.830.75-0.960.980.580.50.980.990.650.980.860.840.680.891.00.660.99-0.49-0.48
0.910.550.740.8-0.920.920.640.560.981.00.660.940.780.860.560.90.980.730.99-0.38-0.41
0.90.570.770.76-0.940.940.590.520.991.00.630.960.810.830.60.880.990.690.99-0.44-0.43
0.910.230.450.96-0.570.620.920.890.650.660.630.530.490.950.280.910.670.90.680.2-0.34
0.820.660.870.62-0.960.990.440.360.980.940.960.530.90.730.760.790.980.520.94-0.64-0.47
0.710.761.00.51-0.950.910.240.150.860.780.810.490.90.620.950.670.870.310.83-0.74-0.76
0.990.320.570.99-0.750.780.910.860.840.860.830.950.730.620.370.990.840.930.870.02-0.35
0.470.750.970.24-0.810.78-0.02-0.10.680.560.60.280.760.950.370.420.690.020.62-0.85-0.76
1.00.380.620.97-0.80.830.870.820.890.90.880.910.790.670.990.420.890.910.91-0.07-0.37
0.910.620.840.76-0.960.980.590.511.00.980.990.670.980.870.840.690.890.660.98-0.49-0.48
0.890.060.250.97-0.510.560.980.960.660.730.690.90.520.310.930.020.910.660.710.32-0.06
0.920.590.790.8-0.950.930.620.540.990.990.990.680.940.830.870.620.910.980.71-0.41-0.51
-0.12-0.68-0.770.160.62-0.60.390.47-0.49-0.38-0.440.2-0.64-0.740.02-0.85-0.07-0.490.32-0.410.5
-0.39-0.8-0.77-0.290.61-0.480.010.08-0.48-0.41-0.43-0.34-0.47-0.76-0.35-0.76-0.37-0.48-0.06-0.510.5
Click cells to compare fundamentals

Safety Shot Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.