Solid Total Other Income Expense Net vs Extraordinary Items Analysis

SOLI Stock   130.00  10.00  8.33%   
Solid State financial indicator trend analysis is much more than just breaking down Solid State Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solid State Plc is a good investment. Please check the relationship between Solid State Total Other Income Expense Net and its Extraordinary Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid State Plc. 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.

Total Other Income Expense Net vs Extraordinary Items

Total Other Income Expense Net vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid State Plc Total Other Income Expense Net account and Extraordinary Items. At this time, the significance of the direction appears to have pay attention.
The correlation between Solid State's Total Other Income Expense Net and Extraordinary Items is -0.85. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Solid State Plc, assuming nothing else is changed. The correlation between historical values of Solid State's Total Other Income Expense Net and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Solid State Plc are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Total Other Income Expense Net i.e., Solid State's Total Other Income Expense Net and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Other Income Expense Net

Extraordinary Items

Most indicators from Solid State's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solid State Plc 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 State Plc. 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.
At this time, Solid State's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3.4 M in 2024, despite the fact that Discontinued Operations is likely to grow to (374.5 K).
 2021 2022 2023 2024 (projected)
Interest Expense226K972K1.5M1.6M
Depreciation And Amortization2.8M4.2M4.9M5.1M

Solid State fundamental ratios Correlations

0.970.990.960.950.771.00.420.390.720.950.980.950.980.971.00.60.950.940.70.410.950.950.830.920.15
0.970.940.930.910.810.960.350.420.70.910.980.890.990.950.980.620.910.950.670.460.930.930.830.880.15
0.990.940.950.960.770.990.490.40.730.910.950.960.950.960.980.590.950.90.720.410.910.910.830.940.15
0.960.930.950.980.680.960.260.390.690.940.930.850.950.960.960.550.870.950.560.280.920.920.710.890.17
0.950.910.960.980.750.940.360.50.750.890.910.850.920.930.960.630.860.910.570.330.880.880.690.930.26
0.770.810.770.680.750.730.440.610.690.620.810.770.760.690.80.750.690.740.460.330.730.730.640.710.49
1.00.960.990.960.940.730.420.340.70.950.970.950.980.970.980.560.960.920.710.390.940.940.840.90.09
0.420.350.490.260.360.440.420.360.420.290.390.560.330.360.420.450.560.160.660.510.290.290.60.5-0.05
0.390.420.40.390.50.610.340.360.740.290.380.280.380.290.430.940.330.330.130.290.350.350.260.460.28
0.720.70.730.690.750.690.70.420.740.650.730.660.70.640.740.880.670.660.380.260.710.710.510.650.27
0.950.910.910.940.890.620.950.290.290.650.920.860.960.910.930.50.90.940.60.260.970.970.710.810.12
0.980.980.950.930.910.810.970.390.380.730.920.930.980.940.980.610.920.950.630.350.960.960.80.840.16
0.950.890.960.850.850.770.950.560.280.660.860.930.90.910.930.520.940.820.780.430.870.870.870.870.12
0.980.990.950.950.920.760.980.330.380.70.960.980.90.960.990.590.930.960.660.40.970.970.80.870.14
0.970.950.960.960.930.690.970.360.290.640.910.940.910.960.970.480.920.920.720.430.880.880.850.920.05
1.00.980.980.960.960.80.980.420.430.740.930.980.930.990.970.630.940.940.690.430.940.940.810.930.19
0.60.620.590.550.630.750.560.450.940.880.50.610.520.590.480.630.550.520.30.330.580.580.460.570.24
0.950.910.950.870.860.690.960.560.330.670.90.920.940.930.920.940.550.840.820.540.880.880.890.890.02
0.940.950.90.950.910.740.920.160.330.660.940.950.820.960.920.940.520.840.490.210.950.950.670.80.3
0.70.670.720.560.570.460.710.660.130.380.60.630.780.660.720.690.30.820.490.80.540.540.890.78-0.18
0.410.460.410.280.330.330.390.510.290.260.260.350.430.40.430.430.330.540.210.80.250.250.680.58-0.26
0.950.930.910.920.880.730.940.290.350.710.970.960.870.970.880.940.580.880.950.540.251.00.690.770.22
0.950.930.910.920.880.730.940.290.350.710.970.960.870.970.880.940.580.880.950.540.251.00.690.770.22
0.830.830.830.710.690.640.840.60.260.510.710.80.870.80.850.810.460.890.670.890.680.690.690.81-0.16
0.920.880.940.890.930.710.90.50.460.650.810.840.870.870.920.930.570.890.80.780.580.770.770.810.14
0.150.150.150.170.260.490.09-0.050.280.270.120.160.120.140.050.190.240.020.3-0.18-0.260.220.22-0.160.14
Click cells to compare fundamentals

Solid State Account Relationship Matchups

Solid State fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.7M54.0M62.3M113.8M113.6M119.3M
Total Current Liabilities14.7M15.7M27.9M38.6M34.0M35.7M
Total Stockholder Equity22.5M25.5M27.1M57.9M64.6M67.9M
Property Plant And Equipment Net3.3M5.5M5.4M6.7M7.8M8.2M
Retained Earnings18.5M21.5M23.0M27.8M35.1M36.8M
Accounts Payable10.6M4.2M8.1M12.9M10.0M10.5M
Non Current Assets Total11.6M22.0M21.8M48.6M48.5M51.0M
Non Currrent Assets Other8.4M11.3M(539K)10.7M12.3M12.9M
Common Stock Shares Outstanding43.3M43.4M43.8M53.0M58.3M39.6M
Liabilities And Stockholders Equity38.7M54.0M62.3M113.8M113.6M119.3M
Non Current Liabilities Total1.5M12.7M7.3M17.3M15.0M15.8M
Inventory9.7M10.6M17.6M33.2M25.1M26.3M
Other Stockholder Equity7.8M3.6M3.6M30.4M29.0M30.4M
Total Liab16.1M28.5M35.3M55.8M49.0M51.4M
Property Plant And Equipment Gross3.3M5.5M11.4M14.7M18.5M19.4M
Total Current Assets27.1M32.0M40.6M65.2M65.1M68.3M
Short Long Term Debt Total1.5M6.3M5.6M16.7M16.7M17.5M
Other Current Liab6.0M7.7M10.4M13.9M11.8M12.3M
Net Debt(2.0M)(621K)660K4.5M8.2M8.7M
Short Term Debt804K741K2.8M2.3M4.5M4.7M
Accumulated Other Comprehensive Income(4.2M)11K38K(831K)(1.6M)(1.5M)
Cash3.5M6.9M5.0M12.2M8.4M8.9M
Cash And Short Term Investments3.5M6.9M5.0M12.2M8.4M8.9M
Net Receivables11.1M11.8M15.1M16.5M28.2M29.6M
Other Current Assets13.9M2.6M2.9M3.2M3.4M2.2M
Property Plant Equipment3.3M5.5M5.4M6.7M7.7M8.1M
Current Deferred Revenue(2.8M)528K12.4M17.6M6.5M6.8M
Long Term Debt0.03.8M1.5M13.4M9.7M10.2M
Intangible Assets1.9M6.7M5.9M11.8M10.7M11.2M
Other Liab811K7.2M4.5M2.9M3.3M2.0M
Net Tangible Assets14.4M8.9M11.2M17.0M19.6M12.0M

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