SXTPW Capital Stock vs Total Assets Analysis

SXTPW Stock   0.04  0.01  30.43%   
60 Degrees financial indicator trend analysis is way more than just evaluating 60 Degrees Pharmaceu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 60 Degrees Pharmaceu is a good investment. Please check the relationship between 60 Degrees Capital Stock and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 60 Degrees Pharmaceuticals,. 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.

Capital Stock vs Total Assets

Capital Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 60 Degrees Pharmaceu Capital Stock account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between 60 Degrees' Capital Stock and Total Assets is 0.89. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of 60 Degrees Pharmaceuticals,, assuming nothing else is changed. The correlation between historical values of 60 Degrees' Capital Stock and Total 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 Capital Stock of 60 Degrees Pharmaceuticals, are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Stock i.e., 60 Degrees' Capital Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Total Assets

Total assets refers to the total amount of 60 Degrees assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in 60 Degrees Pharmaceu books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from 60 Degrees' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 60 Degrees Pharmaceu 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 60 Degrees Pharmaceuticals,. 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.
Tax Provision is likely to drop to 237.50 in 2024. Selling General Administrative is likely to drop to about 2.2 M in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses2.3M2.0M5.4M3.4M
Cost Of Revenue850.7K432.4K474.6K492.1K

60 Degrees fundamental ratios Correlations

0.81-0.170.99-0.190.62-0.75-0.530.970.82-0.71-0.350.9-0.7-0.560.98-0.98-0.920.651.00.890.440.69-0.98
0.810.420.8-0.520.91-0.98-0.810.910.82-0.98-0.760.82-0.98-0.90.89-0.8-0.760.750.80.81-0.150.93-0.9
-0.170.42-0.21-0.760.5-0.43-0.370.010.06-0.57-0.58-0.02-0.57-0.53-0.040.210.030.07-0.18-0.12-0.960.450.02
0.990.8-0.21-0.070.65-0.76-0.610.980.85-0.68-0.420.89-0.68-0.610.99-1.0-0.850.750.980.940.470.72-0.98
-0.19-0.52-0.76-0.07-0.350.420.09-0.25-0.080.680.22-0.270.60.32-0.210.040.460.14-0.190.050.64-0.370.21
0.620.910.50.65-0.35-0.93-0.910.760.88-0.89-0.880.56-0.93-0.960.74-0.66-0.530.840.60.75-0.280.99-0.77
-0.75-0.98-0.43-0.760.42-0.930.9-0.87-0.810.940.86-0.810.970.96-0.850.770.63-0.84-0.73-0.840.19-0.940.87
-0.53-0.81-0.37-0.610.09-0.910.9-0.69-0.760.740.97-0.60.810.97-0.680.630.3-0.95-0.51-0.810.19-0.880.7
0.970.910.010.98-0.250.76-0.87-0.690.87-0.82-0.550.91-0.82-0.731.0-0.97-0.870.770.970.930.270.82-1.0
0.820.820.060.85-0.080.88-0.81-0.760.87-0.74-0.620.61-0.76-0.770.87-0.86-0.70.840.810.860.180.91-0.89
-0.71-0.98-0.57-0.680.68-0.890.940.74-0.82-0.740.73-0.720.990.87-0.790.670.73-0.62-0.7-0.670.32-0.910.8
-0.35-0.76-0.58-0.420.22-0.880.860.97-0.55-0.620.73-0.490.810.97-0.520.450.16-0.84-0.33-0.650.43-0.830.55
0.90.82-0.020.89-0.270.56-0.81-0.60.910.61-0.72-0.49-0.73-0.630.91-0.89-0.760.650.890.860.270.62-0.9
-0.7-0.98-0.57-0.680.6-0.930.970.81-0.82-0.760.990.81-0.730.92-0.790.680.67-0.7-0.68-0.710.32-0.940.81
-0.56-0.9-0.53-0.610.32-0.960.960.97-0.73-0.770.870.97-0.630.92-0.70.620.41-0.87-0.54-0.760.33-0.940.73
0.980.89-0.040.99-0.210.74-0.85-0.681.00.87-0.79-0.520.91-0.79-0.7-0.98-0.870.770.980.940.320.8-1.0
-0.98-0.80.21-1.00.04-0.660.770.63-0.97-0.860.670.45-0.890.680.62-0.980.83-0.78-0.98-0.96-0.47-0.720.98
-0.92-0.760.03-0.850.46-0.530.630.3-0.87-0.70.730.16-0.760.670.41-0.870.83-0.37-0.93-0.65-0.3-0.610.86
0.650.750.070.750.140.84-0.84-0.950.770.84-0.62-0.840.65-0.7-0.870.77-0.78-0.370.640.920.120.83-0.79
1.00.8-0.180.98-0.190.6-0.73-0.510.970.81-0.7-0.330.89-0.68-0.540.98-0.98-0.930.640.880.450.68-0.97
0.890.81-0.120.940.050.75-0.84-0.810.930.86-0.67-0.650.86-0.71-0.760.94-0.96-0.650.920.880.360.78-0.94
0.44-0.15-0.960.470.64-0.280.190.190.270.180.320.430.270.320.330.32-0.47-0.30.120.450.36-0.21-0.3
0.690.930.450.72-0.370.99-0.94-0.880.820.91-0.91-0.830.62-0.94-0.940.8-0.72-0.610.830.680.78-0.21-0.82
-0.98-0.90.02-0.980.21-0.770.870.7-1.0-0.890.80.55-0.90.810.73-1.00.980.86-0.79-0.97-0.94-0.3-0.82
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60 Degrees Account Relationship Matchups

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