SNT Stock | | | USD 2.99 0.02 0.66% |
Senstar Technologies financial indicator trend analysis is much more than just breaking down Senstar Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senstar Technologies is a good investment. Please check the relationship between Senstar Technologies Asset Turnover and its Total Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Senstar 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 Senstar Stock please use our
How to Invest in Senstar Technologies guide.
Asset Turnover vs Total Current Assets
Asset Turnover vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Senstar Technologies Asset Turnover account and
Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Senstar Technologies' Asset Turnover and Total Current Assets is 0.32. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Senstar Technologies, assuming nothing else is changed. The correlation between historical values of Senstar Technologies' Asset Turnover and Total Current 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 Asset Turnover of Senstar Technologies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Asset Turnover i.e., Senstar Technologies' Asset Turnover and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Senstar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senstar 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 Senstar 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 Senstar Stock please use our
How to Invest in Senstar Technologies guide.
Selling General Administrative is likely to gain to about 8.4
M in 2024, despite the fact that
Tax Provision is likely to grow to (38
K).
Senstar Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Senstar Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Senstar Technologies fundamental ratios Accounts
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Additional Tools for Senstar Stock Analysis
When running Senstar Technologies' price analysis, check to
measure Senstar 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 Senstar Technologies is operating at the current time. Most of Senstar Technologies' value examination focuses on studying past and present price action to
predict the probability of Senstar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senstar Technologies' price. Additionally, you may evaluate how the addition of Senstar Technologies to your portfolios can decrease your overall portfolio volatility.