Sharps Retained Earnings vs Property Plant And Equipment Net Analysis

STSSW Stock  USD 0.03  0  9.09%   
Sharps Technology financial indicator trend analysis is much more than just breaking down Sharps Technology Warrant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sharps Technology Warrant is a good investment. Please check the relationship between Sharps Technology Retained Earnings and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sharps Technology Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sharps Technology Warrant Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Sharps Technology's Retained Earnings and Property Plant And Equipment Net is -0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Sharps Technology Warrant, assuming nothing else is changed. The correlation between historical values of Sharps Technology's Retained Earnings and Property Plant And Equipment Net 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 Sharps Technology Warrant are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Sharps Technology's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Sharps Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sharps Technology Warrant 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 Sharps Technology Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.At this time, Sharps Technology's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 408.5 M in 2024, despite the fact that Tax Provision is likely to grow to (28.5 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses4.5M8.7M10.1M10.6M
Cost Of Revenue28.7K654.6K891.2K725.2K

Sharps Technology fundamental ratios Correlations

0.850.860.990.95-0.91-0.890.880.950.950.950.130.570.910.870.970.21-0.120.170.1-0.11-0.950.480.95-0.910.41
0.850.980.820.94-0.76-0.990.840.70.940.74-0.030.70.980.980.850.32-0.130.140.1-0.14-0.830.710.92-0.920.25
0.860.980.810.94-0.72-0.960.920.710.940.740.070.540.951.00.830.31-0.110.30.12-0.11-0.90.640.94-0.960.27
0.990.820.810.95-0.96-0.870.80.980.950.980.130.60.90.820.980.2-0.120.080.08-0.11-0.890.40.94-0.870.47
0.950.940.940.95-0.9-0.950.860.881.00.910.050.610.970.940.930.22-0.160.140.05-0.15-0.920.481.0-0.960.36
-0.91-0.76-0.72-0.96-0.90.83-0.64-0.97-0.89-0.98-0.2-0.65-0.87-0.73-0.96-0.230.080.02-0.110.060.75-0.34-0.870.75-0.59
-0.89-0.99-0.96-0.87-0.950.83-0.82-0.78-0.95-0.81-0.08-0.75-0.99-0.96-0.91-0.260.19-0.07-0.050.20.84-0.71-0.930.9-0.39
0.880.840.920.80.86-0.64-0.820.730.880.730.140.30.810.920.80.28-0.040.50.18-0.02-0.970.520.89-0.940.22
0.950.70.710.980.88-0.97-0.780.730.881.00.270.520.820.720.960.18-0.090.090.09-0.06-0.830.290.87-0.770.58
0.950.940.940.951.0-0.89-0.950.880.880.90.070.580.970.950.930.22-0.150.170.06-0.14-0.930.481.0-0.970.36
0.950.740.740.980.91-0.98-0.810.731.00.90.260.540.860.750.960.19-0.090.090.1-0.07-0.840.30.89-0.80.58
0.13-0.030.070.130.05-0.2-0.080.140.270.070.26-0.160.090.070.19-0.01-0.070.30.00.01-0.11-0.040.040.010.86
0.570.70.540.60.61-0.65-0.750.30.520.580.54-0.160.730.560.680.11-0.28-0.5-0.1-0.33-0.370.740.55-0.450.29
0.910.980.950.90.97-0.87-0.990.810.820.970.860.090.730.960.930.27-0.170.070.06-0.17-0.840.630.95-0.910.42
0.870.981.00.820.94-0.73-0.960.920.720.950.750.070.560.960.840.31-0.120.290.12-0.11-0.90.640.94-0.960.28
0.970.850.830.980.93-0.96-0.910.80.960.930.960.190.680.930.840.3-0.060.10.17-0.05-0.860.540.91-0.840.52
0.210.320.310.20.22-0.23-0.260.280.180.220.19-0.010.110.270.310.30.880.610.960.87-0.130.370.19-0.19-0.01
-0.12-0.13-0.11-0.12-0.160.080.19-0.04-0.09-0.15-0.09-0.07-0.28-0.17-0.12-0.060.880.630.971.00.18-0.04-0.170.16-0.2
0.170.140.30.080.140.02-0.070.50.090.170.090.3-0.50.070.290.10.610.630.670.67-0.320.010.18-0.28-0.01
0.10.10.120.080.05-0.11-0.050.180.090.060.10.0-0.10.060.120.170.960.970.670.96-0.030.180.04-0.04-0.07
-0.11-0.14-0.11-0.11-0.150.060.2-0.02-0.06-0.14-0.070.01-0.33-0.17-0.11-0.050.871.00.670.960.16-0.08-0.160.15-0.14
-0.95-0.83-0.9-0.89-0.920.750.84-0.97-0.83-0.93-0.84-0.11-0.37-0.84-0.9-0.86-0.130.18-0.32-0.030.16-0.43-0.940.96-0.27
0.480.710.640.40.48-0.34-0.710.520.290.480.3-0.040.740.630.640.540.37-0.040.010.18-0.08-0.430.45-0.470.13
0.950.920.940.941.0-0.87-0.930.890.871.00.890.040.550.950.940.910.19-0.170.180.04-0.16-0.940.45-0.980.32
-0.91-0.92-0.96-0.87-0.960.750.9-0.94-0.77-0.97-0.80.01-0.45-0.91-0.96-0.84-0.190.16-0.28-0.040.150.96-0.47-0.98-0.2
0.410.250.270.470.36-0.59-0.390.220.580.360.580.860.290.420.280.52-0.01-0.2-0.01-0.07-0.14-0.270.130.32-0.2
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Sharps Technology Account Relationship Matchups

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