Solid Net Invested Capital vs Total Current Liabilities Analysis

SLDPW Stock

USD 0.09 0.02 14.00%

Solid Power financial indicator trend analysis is much more than just breaking down Solid Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solid Power is a good investment. Please check the relationship between Solid Power Net Invested Capital and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid Power. 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.

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

Net Invested Capital vs Total Current Liabilities

Net Invested Capital vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid Power Net Invested Capital account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Solid Power's Net Invested Capital and Total Current Liabilities is 0.91. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Solid Power, assuming nothing else is changed. The correlation between historical values of Solid Power's Net Invested Capital and Total Current Liabilities 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 Invested Capital of Solid Power are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Invested Capital i.e., Solid Power's Net Invested Capital and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Current Liabilities

Total Current Liabilities is an item on Solid Power balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Solid Power are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Solid Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solid Power 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 Solid Power. 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.

For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.Selling General Administrative is likely to climb to about 27.5 M in 2024, despite the fact that Tax Provision is likely to grow to (148.2 K).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	2.4M	5.9M	12.7M	13.4M
Interest Income	56K	4.7M	15.4M	16.2M

Depreciation And Amortization Interest Income

Solid Power fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other
Total Assets		0.01	0.85	0.91	1.0	0.78	0.62	-0.6	-0.25	0.93	0.61	0.74	0.96	-0.98	0.91	0.91	0.24	0.8	0.94	0.95	1.0	0.77	-0.89	0.92	-0.63	0.75
Short Long Term Debt Total	0.01		0.29	0.41	0.03	0.5	0.51	0.78	-0.31	0.34	-0.77	0.53	0.02	-0.07	-0.38	0.42	0.09	-0.59	0.04	-0.28	0.03	0.46	-0.14	-0.37	-0.05	0.62
Other Current Liab	0.85	0.29		0.86	0.86	0.97	0.52	-0.23	-0.54	0.84	0.24	0.96	0.95	-0.93	0.65	0.88	0.21	0.52	0.89	0.73	0.85	0.98	-0.87	0.65	-0.58	0.8
Total Current Liabilities	0.91	0.41	0.86		0.92	0.89	0.82	-0.24	-0.32	0.99	0.25	0.86	0.86	-0.91	0.69	1.0	0.24	0.49	0.84	0.76	0.91	0.85	-0.85	0.69	-0.57	0.91
Total Stockholder Equity	1.0	0.03	0.86	0.92		0.79	0.63	-0.59	-0.26	0.93	0.59	0.75	0.96	-0.98	0.9	0.92	0.24	0.78	0.95	0.94	1.0	0.78	-0.89	0.91	-0.63	0.76
Property Plant And Equipment Net	0.78	0.5	0.97	0.89	0.79		0.64	-0.03	-0.53	0.86	0.04	1.0	0.86	-0.87	0.52	0.9	0.23	0.35	0.8	0.61	0.78	0.99	-0.83	0.52	-0.55	0.86
Current Deferred Revenue	0.62	0.51	0.52	0.82	0.63	0.64		0.0	0.03	0.84	0.01	0.6	0.49	-0.59	0.45	0.8	0.27	0.23	0.41	0.49	0.64	0.56	-0.62	0.46	-0.47	0.67
Net Debt	-0.6	0.78	-0.23	-0.24	-0.59	-0.03	0.0		-0.16	-0.3	-1.0	0.03	-0.53	0.51	-0.85	-0.23	-0.09	-0.94	-0.53	-0.8	-0.59	-0.04	0.41	-0.85	0.34	0.02
Retained Earnings	-0.25	-0.31	-0.54	-0.32	-0.26	-0.53	0.03	-0.16		-0.26	0.16	-0.56	-0.44	0.4	-0.06	-0.34	0.61	-0.05	-0.39	-0.16	-0.19	-0.58	0.05	-0.06	-0.34	-0.35
Accounts Payable	0.93	0.34	0.84	0.99	0.93	0.86	0.84	-0.3	-0.26		0.31	0.82	0.86	-0.92	0.74	0.99	0.24	0.55	0.83	0.8	0.93	0.82	-0.85	0.74	-0.58	0.87
Cash	0.61	-0.77	0.24	0.25	0.59	0.04	0.01	-1.0	0.16	0.31		-0.02	0.53	-0.52	0.86	0.24	0.09	0.94	0.54	0.8	0.59	0.05	-0.42	0.85	-0.34	-0.01
Non Current Assets Total	0.74	0.53	0.96	0.86	0.75	1.0	0.6	0.03	-0.56	0.82	-0.02		0.83	-0.83	0.46	0.88	0.22	0.29	0.77	0.55	0.74	1.0	-0.8	0.46	-0.53	0.85
Non Currrent Assets Other	0.96	0.02	0.95	0.86	0.96	0.86	0.49	-0.53	-0.44	0.86	0.53	0.83		-0.99	0.85	0.87	0.17	0.76	0.96	0.91	0.94	0.87	-0.88	0.86	-0.58	0.71
Long Term Debt	-0.98	-0.07	-0.93	-0.91	-0.98	-0.87	-0.59	0.51	0.4	-0.92	-0.52	-0.83	-0.99		-0.87	-0.91	-0.17	-0.76	-0.94	-0.92	-0.97	-0.86	0.88	-0.87	0.58	-0.74
Cash And Short Term Investments	0.91	-0.38	0.65	0.69	0.9	0.52	0.45	-0.85	-0.06	0.74	0.86	0.46	0.85	-0.87		0.68	0.18	0.97	0.8	0.99	0.9	0.5	-0.76	1.0	-0.56	0.41
Net Receivables	0.91	0.42	0.88	1.0	0.92	0.9	0.8	-0.23	-0.34	0.99	0.24	0.88	0.87	-0.91	0.68		0.24	0.49	0.86	0.75	0.92	0.87	-0.85	0.68	-0.58	0.92
Common Stock Shares Outstanding	0.24	0.09	0.21	0.24	0.24	0.23	0.27	-0.09	0.61	0.24	0.09	0.22	0.17	-0.17	0.18	0.24		0.09	0.24	0.16	0.33	0.21	-0.61	0.18	-0.9	0.32
Non Current Liabilities Total	0.8	-0.59	0.52	0.49	0.78	0.35	0.23	-0.94	-0.05	0.55	0.94	0.29	0.76	-0.76	0.97	0.49	0.09		0.71	0.94	0.77	0.35	-0.62	0.97	-0.44	0.2
Other Current Assets	0.94	0.04	0.89	0.84	0.95	0.8	0.41	-0.53	-0.39	0.83	0.54	0.77	0.96	-0.94	0.8	0.86	0.24	0.71		0.86	0.94	0.81	-0.85	0.81	-0.6	0.79
Total Liab	0.95	-0.28	0.73	0.76	0.94	0.61	0.49	-0.8	-0.16	0.8	0.8	0.55	0.91	-0.92	0.99	0.75	0.16	0.94	0.86		0.94	0.6	-0.79	0.99	-0.55	0.51
Net Invested Capital	1.0	0.03	0.85	0.91	1.0	0.78	0.64	-0.59	-0.19	0.93	0.59	0.74	0.94	-0.97	0.9	0.92	0.33	0.77	0.94	0.94		0.76	-0.92	0.9	-0.69	0.77
Property Plant And Equipment Gross	0.77	0.46	0.98	0.85	0.78	0.99	0.56	-0.04	-0.58	0.82	0.05	1.0	0.87	-0.86	0.5	0.87	0.21	0.35	0.81	0.6	0.76		-0.82	0.51	-0.54	0.83
Short Long Term Debt	-0.89	-0.14	-0.87	-0.85	-0.89	-0.83	-0.62	0.41	0.05	-0.85	-0.42	-0.8	-0.88	0.88	-0.76	-0.85	-0.61	-0.62	-0.85	-0.79	-0.92	-0.82		-0.76	0.89	-0.76
Total Current Assets	0.92	-0.37	0.65	0.69	0.91	0.52	0.46	-0.85	-0.06	0.74	0.85	0.46	0.86	-0.87	1.0	0.68	0.18	0.97	0.81	0.99	0.9	0.51	-0.76		-0.56	0.42
Capital Stock	-0.63	-0.05	-0.58	-0.57	-0.63	-0.55	-0.47	0.34	-0.34	-0.58	-0.34	-0.53	-0.58	0.58	-0.56	-0.58	-0.9	-0.44	-0.6	-0.55	-0.69	-0.54	0.89	-0.56		-0.54
Non Current Liabilities Other	0.75	0.62	0.8	0.91	0.76	0.86	0.67	0.02	-0.35	0.87	-0.01	0.85	0.71	-0.74	0.41	0.92	0.32	0.2	0.79	0.51	0.77	0.83	-0.76	0.42	-0.54

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Solid Net Invested Capital vs Total Current Liabilities Analysis

Net Invested Capital vs Total Current Liabilities

Net Invested Capital vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Current Liabilities

Solid Power fundamental ratios Correlations

Solid Power Account Relationship Matchups

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total

Cash	- 1.0	Net Debt
Long Term Debt	- 0.99	Non Currrent Assets Other
Long Term Debt	- 0.98	Total Stockholder Equity
Long Term Debt	- 0.98	Total Assets
Net Invested Capital	- 0.97	Long Term Debt
Other Current Assets	- 0.94	Long Term Debt