Safety Net Income vs Change In Working Capital Analysis

SHOTW Stock

0.18 0.0003 0.17%

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 Net Income and its Change In Working Capital 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.

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safety Shot Net Income account and Change In Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Safety Shot's Net Income and Change In Working Capital is -0.6. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Working Capital 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 Net Income and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Safety Shot are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Net Income i.e., Safety Shot's Net Income and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Safety Shot financial statement analysis. It represents the amount of money remaining after all of Safety Shot operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

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 Expense	1.7M	1.3M	383.0K	363.9K
Interest Income	7.3K	1.7K	57.4K	60.3K

Interest Expense Interest Income

Safety Shot fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Property Plant And Equipment Gross	Intangible Assets	Net Debt
Total Assets		0.41	0.67	0.96	-0.83	0.86	0.85	0.8	0.91	0.91	0.9	0.91	0.82	0.71	0.99	0.47	1.0	0.91	0.89	0.92	-0.12	-0.39
Other Current Liab	0.41		0.76	0.22	-0.63	0.64	-0.01	-0.09	0.63	0.55	0.57	0.23	0.66	0.76	0.32	0.75	0.38	0.62	0.06	0.59	-0.68	-0.8
Total Current Liabilities	0.67	0.76		0.45	-0.93	0.89	0.19	0.1	0.83	0.74	0.77	0.45	0.87	1.0	0.57	0.97	0.62	0.84	0.25	0.79	-0.77	-0.77
Total Stockholder Equity	0.96	0.22	0.45		-0.66	0.67	0.94	0.91	0.75	0.8	0.76	0.96	0.62	0.51	0.99	0.24	0.97	0.76	0.97	0.8	0.16	-0.29
Retained Earnings	-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	-0.95	0.62	0.61
Accounts Payable	0.86	0.64	0.89	0.67	-0.96		0.51	0.43	0.98	0.92	0.94	0.62	0.99	0.91	0.78	0.78	0.83	0.98	0.56	0.93	-0.6	-0.48
Cash	0.85	-0.01	0.19	0.94	-0.42	0.51		1.0	0.58	0.64	0.59	0.92	0.44	0.24	0.91	-0.02	0.87	0.59	0.98	0.62	0.39	0.01
Net Receivables	0.8	-0.09	0.1	0.91	-0.34	0.43	1.0		0.5	0.56	0.52	0.89	0.36	0.15	0.86	-0.1	0.82	0.51	0.96	0.54	0.47	0.08
Common Stock Shares Outstanding	0.91	0.63	0.83	0.75	-0.96	0.98	0.58	0.5		0.98	0.99	0.65	0.98	0.86	0.84	0.68	0.89	1.0	0.66	0.99	-0.49	-0.48
Non Current Liabilities Total	0.91	0.55	0.74	0.8	-0.92	0.92	0.64	0.56	0.98		1.0	0.66	0.94	0.78	0.86	0.56	0.9	0.98	0.73	0.99	-0.38	-0.41
Capital Lease Obligations	0.9	0.57	0.77	0.76	-0.94	0.94	0.59	0.52	0.99	1.0		0.63	0.96	0.81	0.83	0.6	0.88	0.99	0.69	0.99	-0.44	-0.43
Inventory	0.91	0.23	0.45	0.96	-0.57	0.62	0.92	0.89	0.65	0.66	0.63		0.53	0.49	0.95	0.28	0.91	0.67	0.9	0.68	0.2	-0.34
Other Current Assets	0.82	0.66	0.87	0.62	-0.96	0.99	0.44	0.36	0.98	0.94	0.96	0.53		0.9	0.73	0.76	0.79	0.98	0.52	0.94	-0.64	-0.47
Total Liab	0.71	0.76	1.0	0.51	-0.95	0.91	0.24	0.15	0.86	0.78	0.81	0.49	0.9		0.62	0.95	0.67	0.87	0.31	0.83	-0.74	-0.76
Net Invested Capital	0.99	0.32	0.57	0.99	-0.75	0.78	0.91	0.86	0.84	0.86	0.83	0.95	0.73	0.62		0.37	0.99	0.84	0.93	0.87	0.02	-0.35
Short Long Term Debt	0.47	0.75	0.97	0.24	-0.81	0.78	-0.02	-0.1	0.68	0.56	0.6	0.28	0.76	0.95	0.37		0.42	0.69	0.02	0.62	-0.85	-0.76
Total Current Assets	1.0	0.38	0.62	0.97	-0.8	0.83	0.87	0.82	0.89	0.9	0.88	0.91	0.79	0.67	0.99	0.42		0.89	0.91	0.91	-0.07	-0.37
Capital Stock	0.91	0.62	0.84	0.76	-0.96	0.98	0.59	0.51	1.0	0.98	0.99	0.67	0.98	0.87	0.84	0.69	0.89		0.66	0.98	-0.49	-0.48
Net Working Capital	0.89	0.06	0.25	0.97	-0.51	0.56	0.98	0.96	0.66	0.73	0.69	0.9	0.52	0.31	0.93	0.02	0.91	0.66		0.71	0.32	-0.06
Property Plant And Equipment Gross	0.92	0.59	0.79	0.8	-0.95	0.93	0.62	0.54	0.99	0.99	0.99	0.68	0.94	0.83	0.87	0.62	0.91	0.98	0.71		-0.41	-0.51
Intangible Assets	-0.12	-0.68	-0.77	0.16	0.62	-0.6	0.39	0.47	-0.49	-0.38	-0.44	0.2	-0.64	-0.74	0.02	-0.85	-0.07	-0.49	0.32	-0.41		0.5
Net Debt	-0.39	-0.8	-0.77	-0.29	0.61	-0.48	0.01	0.08	-0.48	-0.41	-0.43	-0.34	-0.47	-0.76	-0.35	-0.76	-0.37	-0.48	-0.06	-0.51	0.5

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Safety Shot Account Relationship Matchups

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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.

C	Citigroup
GM	General Motors
F	Ford Motor

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.

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Safety Net Income vs Change In Working Capital Analysis

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Net Income

Change In Working Capital

Safety Shot fundamental ratios Correlations

Safety Shot Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Cash
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Capital Lease Obligations	+ 1.0	Non Current Liabilities Total
Net Invested Capital	+ 0.99	Total Assets

Capital Stock	- 0.96	Retained Earnings
Other Current Assets	- 0.96	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Accounts Payable	- 0.96	Retained Earnings
Property Plant And Equipment Gross	- 0.95	Retained Earnings
Total Liab	- 0.95	Retained Earnings