Safety Selling General Administrative vs Total Revenue 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 Selling General Administrative and its Total 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 estimate. For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.
Selling General Administrative vs Total Revenue
Selling General Administrative vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safety Shot Selling General Administrative account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Safety Shot's Selling General Administrative and Total Revenue is 0.7. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total 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 Selling General Administrative and Total 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 Selling General Administrative of Safety Shot are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Selling General Administrative i.e., Safety Shot's Selling General Administrative and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Total Revenue
Total revenue comprises all receipts Safety Shot generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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 |
Safety Shot fundamental ratios Correlations
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Safety Shot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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