Servotronics Net Income From Continuing Ops vs Total Revenue Analysis

SVT Stock  USD 11.06  0.01  0.09%   
Servotronics financial indicator trend analysis is much more than just breaking down Servotronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Servotronics is a good investment. Please check the relationship between Servotronics Net Income From Continuing Ops and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Servotronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Servotronics Stock please use our How to Invest in Servotronics guide.

Net Income From Continuing Ops vs Total Revenue

Net Income From Continuing Ops vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Servotronics Net Income From Continuing Ops account and Total Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Servotronics' Net Income From Continuing Ops and Total Revenue is 0.01. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Servotronics, assuming nothing else is changed. The correlation between historical values of Servotronics' Net Income From Continuing Ops and Total Revenue 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 Income From Continuing Ops of Servotronics are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Servotronics' Net Income From Continuing Ops and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts Servotronics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Servotronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Servotronics 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 Servotronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Servotronics Stock please use our How to Invest in Servotronics guide.At this time, Servotronics' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue40.6M43.8M43.6M28.4M
Depreciation And Amortization1.4M951K1.1M721.1K

Servotronics fundamental ratios Correlations

0.510.530.610.960.910.040.950.430.920.450.430.540.690.70.960.190.840.840.990.110.460.57-0.39-0.220.35
0.510.10.310.370.480.490.360.410.440.350.410.030.160.720.58-0.510.170.670.510.230.190.19-0.06-0.23-0.22
0.530.10.820.40.550.050.370.050.550.150.050.360.610.270.420.290.540.670.50.00.230.34-0.24-0.140.31
0.610.310.820.480.630.380.39-0.10.590.21-0.10.520.570.220.530.120.590.740.590.30.560.2-0.11-0.170.16
0.960.370.40.480.88-0.120.980.470.90.530.470.480.610.560.920.220.830.660.950.050.420.51-0.33-0.260.3
0.910.480.550.630.880.160.830.281.00.540.280.570.60.570.830.060.760.760.840.060.540.38-0.16-0.140.16
0.040.490.050.38-0.120.16-0.2-0.590.08-0.28-0.590.420.220.210.1-0.240.010.370.020.450.56-0.020.020.17-0.09
0.950.360.370.390.980.83-0.20.540.860.490.540.40.620.610.930.260.780.650.950.010.340.58-0.4-0.290.34
0.430.410.05-0.10.470.28-0.590.540.320.641.0-0.43-0.080.420.43-0.230.140.230.45-0.27-0.40.18-0.05-0.44-0.13
0.920.440.550.590.91.00.080.860.320.550.320.540.610.580.830.120.770.750.850.020.490.42-0.2-0.130.2
0.450.350.150.210.530.54-0.280.490.640.550.64-0.25-0.210.060.35-0.410.140.170.38-0.370.13-0.30.51-0.59-0.57
0.430.410.05-0.10.470.28-0.590.541.00.320.64-0.43-0.080.420.43-0.230.140.230.45-0.27-0.40.18-0.05-0.44-0.13
0.540.030.360.520.480.570.420.4-0.430.54-0.25-0.430.670.340.470.380.730.540.510.330.690.41-0.40.440.61
0.690.160.610.570.610.60.220.62-0.080.61-0.21-0.080.670.540.70.520.750.70.690.40.380.78-0.70.080.71
0.70.720.270.220.560.570.210.610.420.580.060.420.340.540.740.020.470.820.710.050.160.67-0.540.050.39
0.960.580.420.530.920.830.10.930.430.830.350.430.470.70.740.230.780.820.970.210.420.67-0.5-0.210.37
0.19-0.510.290.120.220.06-0.240.26-0.230.12-0.41-0.230.380.520.020.230.440.080.210.120.030.68-0.710.330.79
0.840.170.540.590.830.760.010.780.140.770.140.140.730.750.470.780.440.670.840.320.360.62-0.560.120.63
0.840.670.670.740.660.760.370.650.230.750.170.230.540.70.820.820.080.670.840.210.440.57-0.44-0.070.36
0.990.510.50.590.950.840.020.950.450.850.380.450.510.690.710.970.210.840.840.140.420.61-0.45-0.240.39
0.110.230.00.30.050.060.450.01-0.270.02-0.37-0.270.330.40.050.210.120.320.210.140.060.34-0.440.390.34
0.460.190.230.560.420.540.560.34-0.40.490.13-0.40.690.380.160.420.030.360.440.420.06-0.030.14-0.080.01
0.570.190.340.20.510.38-0.020.580.180.42-0.30.180.410.780.670.670.680.620.570.610.34-0.03-0.950.250.82
-0.39-0.06-0.24-0.11-0.33-0.160.02-0.4-0.05-0.20.51-0.05-0.4-0.7-0.54-0.5-0.71-0.56-0.44-0.45-0.440.14-0.95-0.39-0.9
-0.22-0.23-0.14-0.17-0.26-0.140.17-0.29-0.44-0.13-0.59-0.440.440.080.05-0.210.330.12-0.07-0.240.39-0.080.25-0.390.52
0.35-0.220.310.160.30.16-0.090.34-0.130.2-0.57-0.130.610.710.390.370.790.630.360.390.340.010.82-0.90.52
Click cells to compare fundamentals

Servotronics Account Relationship Matchups

Servotronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.5M50.3M50.1M45.3M36.6M27.9M
Short Long Term Debt Total6.0M9.9M5.0M501K2.1M2.0M
Other Current Liab3.3M2.5M3.3M3.9M3.8M2.0M
Total Current Liabilities8.6M6.8M4.2M6.2M7.9M4.0M
Total Stockholder Equity33.5M33.7M35.4M35.1M24.5M18.6M
Property Plant And Equipment Net12.7M12.0M10.6M10.7M7.0M7.4M
Net Debt4.0M4.0M(4.5M)(3.5M)2.0M1.4M
Retained Earnings20.5M21.8M25.9M23.7M13.0M7.5M
Cash2.0M5.9M9.5M4.0M95K90.3K
Non Current Assets Total13.2M12.5M11.8M12.0M7.0M7.9M
Non Currrent Assets Other345K331K321K314K42K39.9K
Cash And Short Term Investments2.0M5.9M9.5M4.0M95K90.3K
Net Receivables13.2M7.6M7.2M8.5M12.1M12.7M
Common Stock Shares Outstanding2.4M2.4M2.4M2.4M2.5M2.3M
Liabilities And Stockholders Equity49.5M50.3M50.1M45.3M36.6M27.9M
Non Current Liabilities Total4.2M7.3M9.8M10.5M4.0M5.3M
Inventory20.2M23.4M20.1M19.0M14.2M10.4M
Other Current Assets522K383K1.4M6.7M3.2M3.4M
Other Stockholder Equity12.4M12.8M12.9M13.2M13.5M12.3M
Total Liab15.9M16.6M14.7M10.2M12.1M9.3M
Total Current Assets36.3M37.8M38.3M33.3M29.6M20.0M
Short Term Debt849K2.6M276K501K2.1M2.2M
Accounts Payable4.5M1.6M663K1.8M2.1M1.4M
Property Plant And Equipment Gross12.7M32.7M32.5M33.7M24.1M25.3M
Accumulated Other Comprehensive Income98K(1.4M)(3.9M)(2.3M)(2.4M)(2.6M)
Other Liab1.8M2.1M2.5M5.7M6.6M6.9M
Other Assets666K452K12.5K1.4M1.00.95
Long Term Debt3.0M2.4M5.2M7.3M4.8M0.0
Treasury Stock(1.5M)(1.5M)(1.4M)(1.3M)(1.2M)(1.3M)
Property Plant Equipment12.7M12.0M10.6M10.7M12.3M9.0M
Net Tangible Assets31.5M33.5M33.7M35.4M40.7M30.6M
Retained Earnings Total Equity15.7M18.8M20.5M21.8M25.1M16.6M
Long Term Debt Total3.0M2.4M5.2M7.3M4.8M0.0
Capital Surpluse14.4M14.5M14.5M14.6M16.7M15.6M
Cash And Equivalents2.0M5.9M9.5M4.0M4.6M5.1M

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