SINTX Inventory vs Cash Analysis

SINT Stock

USD 3.96 0.56 12.39%

SINTX Technologies financial indicator trend analysis is much more than just breaking down SINTX Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SINTX Technologies is a good investment. Please check the relationship between SINTX Technologies Inventory and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SINTX Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy SINTX Stock please use our How to Invest in SINTX Technologies guide.

Inventory vs Cash

Inventory vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SINTX Technologies Inventory account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between SINTX Technologies' Inventory and Cash is -0.11. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of SINTX Technologies, assuming nothing else is changed. The correlation between historical values of SINTX Technologies' Inventory and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of SINTX Technologies are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., SINTX Technologies' Inventory and Cash go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Inventory

Cash

Cash refers to the most liquid asset of SINTX Technologies, which is listed under current asset account on SINTX Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SINTX Technologies customers. The amounts must be unrestricted with restricted cash listed in a different SINTX Technologies 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.

Most indicators from SINTX Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SINTX Technologies 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 SINTX Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy SINTX Stock please use our How to Invest in SINTX Technologies guide.At this time, SINTX Technologies' Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 1.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	157K	336K	1.8M	1.8M
Total Revenue	606K	601K	2.6M	2.5M

Gross Profit Total Revenue

SINTX Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.94	0.37	0.63	-0.58	0.58	-0.04	-0.1	0.76	0.84	0.28	0.09	0.88	-0.59	-0.5	0.81	0.43	0.74	-0.44	-0.28	0.79	0.69	0.84	0.03	-0.66	0.71
Short Long Term Debt Total	0.94		0.46	0.62	-0.72	0.51	-0.01	-0.2	0.92	0.91	0.3	-0.21	0.97	-0.43	-0.42	0.9	0.16	0.79	-0.59	-0.35	0.9	0.81	0.83	-0.02	-0.77	0.82
Other Current Liab	0.37	0.46		0.74	-0.91	0.14	-0.09	-0.94	0.53	0.67	0.62	-0.36	0.39	-0.35	-0.35	0.23	-0.24	0.66	-0.61	-0.13	0.31	0.84	0.54	0.55	-0.85	0.86
Total Current Liabilities	0.63	0.62	0.74		-0.65	0.58	-0.25	-0.56	0.56	0.75	0.54	-0.07	0.49	-0.55	-0.44	0.24	0.04	0.77	-0.51	-0.28	0.27	0.63	0.89	0.54	-0.73	0.7
Total Stockholder Equity	-0.58	-0.72	-0.91	-0.65		-0.18	0.01	0.79	-0.79	-0.83	-0.56	0.48	-0.69	0.3	0.37	-0.59	0.23	-0.76	0.72	0.29	-0.64	-0.99	-0.63	-0.35	0.94	-0.99
Other Liab	0.58	0.51	0.14	0.58	-0.18		-0.12	-0.01	0.32	0.48	0.06	0.27	0.37	-0.27	-0.27	0.25	0.38	0.46	-0.03	-0.26	0.23	0.23	0.63	0.17	-0.37	0.28
Property Plant And Equipment Net	-0.04	-0.01	-0.09	-0.25	0.01	-0.12		0.03	0.08	-0.3	-0.22	-0.19	0.13	-0.23	-0.4	0.12	-0.16	-0.41	0.34	0.26	0.09	0.01	-0.28	0.02	0.06	-0.02
Current Deferred Revenue	-0.1	-0.2	-0.94	-0.56	0.79	-0.01	0.03		-0.31	-0.44	-0.53	0.35	-0.12	0.2	0.27	0.02	0.32	-0.5	0.48	0.15	-0.08	-0.69	-0.29	-0.61	0.74	-0.7
Net Debt	0.76	0.92	0.53	0.56	-0.79	0.32	0.08	-0.31		0.85	0.39	-0.57	0.95	-0.3	-0.3	0.85	-0.23	0.72	-0.68	-0.39	0.87	0.84	0.75	-0.03	-0.79	0.84
Retained Earnings	0.84	0.91	0.67	0.75	-0.83	0.48	-0.3	-0.44	0.85		0.46	-0.21	0.83	-0.36	-0.33	0.74	0.1	0.91	-0.75	-0.4	0.77	0.88	0.87	0.15	-0.86	0.9
Accounts Payable	0.28	0.3	0.62	0.54	-0.56	0.06	-0.22	-0.53	0.39	0.46		-0.34	0.3	-0.4	-0.39	0.13	-0.3	0.41	-0.23	-0.2	0.14	0.51	0.54	0.41	-0.5	0.53
Cash	0.09	-0.21	-0.36	-0.07	0.48	0.27	-0.19	0.35	-0.57	-0.21	-0.34		-0.34	-0.2	-0.18	-0.26	0.92	-0.14	0.45	0.27	-0.3	-0.41	-0.11	0.04	0.38	-0.39
Non Current Assets Total	0.88	0.97	0.39	0.49	-0.69	0.37	0.13	-0.12	0.95	0.83	0.3	-0.34		-0.43	-0.39	0.94	0.04	0.66	-0.55	-0.3	0.93	0.78	0.75	-0.13	-0.69	0.78
Non Currrent Assets Other	-0.59	-0.43	-0.35	-0.55	0.3	-0.27	-0.23	0.2	-0.3	-0.36	-0.4	-0.2	-0.43		0.66	-0.25	-0.31	-0.3	0.15	-0.05	-0.25	-0.34	-0.58	-0.25	0.35	-0.38
Other Assets	-0.5	-0.42	-0.35	-0.44	0.37	-0.27	-0.4	0.27	-0.3	-0.33	-0.39	-0.18	-0.39	0.66		-0.28	-0.31	-0.3	-0.08	-0.13	-0.29	-0.4	-0.38	-0.31	0.38	-0.42
Long Term Debt	0.81	0.9	0.23	0.24	-0.59	0.25	0.12	0.02	0.85	0.74	0.13	-0.26	0.94	-0.25	-0.28		0.14	0.56	-0.5	-0.2	0.98	0.7	0.55	-0.31	-0.57	0.68
Cash And Short Term Investments	0.43	0.16	-0.24	0.04	0.23	0.38	-0.16	0.32	-0.23	0.1	-0.3	0.92	0.04	-0.31	-0.31	0.14		0.12	0.23	0.2	0.11	-0.11	0.11	-0.1	0.12	-0.1
Net Receivables	0.74	0.79	0.66	0.77	-0.76	0.46	-0.41	-0.5	0.72	0.91	0.41	-0.14	0.66	-0.3	-0.3	0.56	0.12		-0.74	-0.4	0.62	0.79	0.81	0.16	-0.85	0.81
Common Stock Total Equity	-0.44	-0.59	-0.61	-0.51	0.72	-0.03	0.34	0.48	-0.68	-0.75	-0.23	0.45	-0.55	0.15	-0.08	-0.5	0.23	-0.74		0.37	-0.55	-0.72	-0.56	-0.1	0.68	-0.72
Common Stock Shares Outstanding	-0.28	-0.35	-0.13	-0.28	0.29	-0.26	0.26	0.15	-0.39	-0.4	-0.2	0.27	-0.3	-0.05	-0.13	-0.2	0.2	-0.4	0.37		-0.21	-0.29	-0.44	-0.16	0.37	-0.3
Short Term Investments	0.79	0.9	0.31	0.27	-0.64	0.23	0.09	-0.08	0.87	0.77	0.14	-0.3	0.93	-0.25	-0.29	0.98	0.11	0.62	-0.55	-0.21		0.75	0.55	-0.35	-0.65	0.72
Non Current Liabilities Total	0.69	0.81	0.84	0.63	-0.99	0.23	0.01	-0.69	0.84	0.88	0.51	-0.41	0.78	-0.34	-0.4	0.7	-0.11	0.79	-0.72	-0.29	0.75		0.67	0.27	-0.93	1.0
Inventory	0.84	0.83	0.54	0.89	-0.63	0.63	-0.28	-0.29	0.75	0.87	0.54	-0.11	0.75	-0.58	-0.38	0.55	0.11	0.81	-0.56	-0.44	0.55	0.67		0.27	-0.71	0.72
Other Current Assets	0.03	-0.02	0.55	0.54	-0.35	0.17	0.02	-0.61	-0.03	0.15	0.41	0.04	-0.13	-0.25	-0.31	-0.31	-0.1	0.16	-0.1	-0.16	-0.35	0.27	0.27		-0.25	0.31
Other Stockholder Equity	-0.66	-0.77	-0.85	-0.73	0.94	-0.37	0.06	0.74	-0.79	-0.86	-0.5	0.38	-0.69	0.35	0.38	-0.57	0.12	-0.85	0.68	0.37	-0.65	-0.93	-0.71	-0.25		-0.95
Total Liab	0.71	0.82	0.86	0.7	-0.99	0.28	-0.02	-0.7	0.84	0.9	0.53	-0.39	0.78	-0.38	-0.42	0.68	-0.1	0.81	-0.72	-0.3	0.72	1.0	0.72	0.31	-0.95

Click cells to compare fundamentals

SINTX Technologies Account Relationship Matchups

SINTX Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.1M	30.4M	21.8M	15.8M	15.4M	22.7M
Other Current Liab	243K	1.8M	1.5M	6.0M	1.2M	1.1M
Total Current Liabilities	2.1M	2.9M	2.2M	8.1M	2.9M	2.8M
Total Stockholder Equity	5.2M	25.8M	17.7M	5.7M	8.8M	9.2M
Property Plant And Equipment Net	2.5M	2.4M	6.4M	8M	8.9M	9.4M
Net Debt	458K	(23.1M)	(11.9M)	(3.4M)	905K	859.8K
Retained Earnings	(234.1M)	(241.1M)	(249.9M)	(262.5M)	(270.7M)	(284.2M)
Accounts Payable	191K	194K	241K	434K	636K	912.3K
Cash	1.8M	25.4M	14.3M	6.2M	3.3M	3.2M
Non Current Assets Total	5.1M	2.9M	6.8M	8.6M	9.8M	9.0M
Non Currrent Assets Other	2.5M	424K	371K	538K	892K	788.2K
Other Assets	2.5M	424K	371K	538K	618.7K	1.2M
Cash And Short Term Investments	1.8M	25.4M	14.3M	6.2M	3.3M	3.2M
Net Receivables	1.9M	1.9M	102K	328K	685K	650.8K
Common Stock Total Equity	30K	218K	24K	245K	281.8K	295.8K
Common Stock Shares Outstanding	15.6K	174.5K	2.5K	317.3K	21.8K	20.7K
Liabilities And Stockholders Equity	9.1M	30.4M	21.8M	15.8M	15.4M	22.7M
Non Current Liabilities Total	1.9M	1.8M	1.9M	2.0M	3.7M	3.5M
Inventory	106K	99K	303K	284K	888K	843.6K
Other Current Assets	310K	486K	700K	352K	619K	537.0K
Other Stockholder Equity	239.3M	266.7M	267.6M	268.2M	279.4M	178.3M
Total Liab	3.9M	4.6M	4.1M	10.1M	6.6M	6.3M
Property Plant And Equipment Gross	2.5M	2.4M	8.4M	10.3M	12.6M	13.2M
Total Current Assets	4.1M	27.6M	15.0M	7.2M	5.5M	5.3M
Short Term Debt	366K	915K	1.0M	1.6M	1.1M	1.0M
Intangible Assets	41K	36K	31K	26K	21K	20.0K
Common Stock	24K	245K	247K	5K	53K	50.4K
Property Plant Equipment	190K	2.4M	6.4M	8M	9.2M	9.7M
Net Tangible Assets	5.2M	25.8M	17.7M	5.7M	6.5M	7.7M
Retained Earnings Total Equity	(220.6M)	(229.3M)	(234.1M)	(241.1M)	(217.0M)	(227.8M)
Capital Surpluse	226.0M	237.5M	239.3M	266.7M	306.7M	248.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for SINTX Stock Analysis

When running SINTX Technologies' price analysis, check to measure SINTX Technologies' 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 SINTX Technologies is operating at the current time. Most of SINTX Technologies' value examination focuses on studying past and present price action to predict the probability of SINTX Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SINTX Technologies' price. Additionally, you may evaluate how the addition of SINTX Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC