Shapeways Retained Earnings vs Other Assets Analysis
SHPW Stock | USD 0.0002 0.00 0.00% |
Shapeways Holdings, financial indicator trend analysis is much more than just breaking down Shapeways Holdings, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shapeways Holdings, is a good investment. Please check the relationship between Shapeways Holdings, Retained Earnings and its Other Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shapeways Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Retained Earnings vs Other Assets
Retained Earnings vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shapeways Holdings, Retained Earnings account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shapeways Holdings,'s Retained Earnings and Other Assets is 0.69. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Assets in the same time period over historical financial statements of Shapeways Holdings, Common, assuming nothing else is changed. The correlation between historical values of Shapeways Holdings,'s Retained Earnings and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Shapeways Holdings, Common are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Retained Earnings i.e., Shapeways Holdings,'s Retained Earnings and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Other Assets
Most indicators from Shapeways Holdings,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shapeways Holdings, 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 Shapeways Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Shapeways Holdings,'s Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 268.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 20.7 M in 2024.
2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.8M | 1.9M | 1.8M | Interest Income | 149K | 1.0M | 1.1M |
Shapeways Holdings, fundamental ratios Correlations
Click cells to compare fundamentals
Shapeways Holdings, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Shapeways Holdings,'s price analysis, check to measure Shapeways Holdings,'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 Shapeways Holdings, is operating at the current time. Most of Shapeways Holdings,'s value examination focuses on studying past and present price action to predict the probability of Shapeways Holdings,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shapeways Holdings,'s price. Additionally, you may evaluate how the addition of Shapeways Holdings, to your portfolios can decrease your overall portfolio volatility.