SINT Stock | | | USD 4.01 0.05 1.26% |
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 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 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.
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
SINTX Technologies Retained Earnings account and
Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SINTX Technologies' Retained Earnings and Other Assets is -0.33. 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 SINTX Technologies, assuming nothing else is changed. The correlation between historical values of SINTX Technologies' 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 SINTX Technologies 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., SINTX Technologies' Retained Earnings and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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 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.
SINTX Technologies fundamental ratios Correlations
Click cells to compare fundamentals
SINTX Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SINTX Technologies fundamental ratios Accounts
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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.