SXTPW Inventory vs Property Plant And Equipment Gross 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 Inventory and its Property Plant And Equipment Gross 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.

Inventory vs Property Plant And Equipment Gross

Inventory vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 60 Degrees Pharmaceu Inventory account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have pay attention.
The correlation between 60 Degrees' Inventory and Property Plant And Equipment Gross is -0.87. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant And Equipment Gross 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' Inventory and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of 60 Degrees Pharmaceuticals, are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Inventory i.e., 60 Degrees' Inventory and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Inventory

Property Plant And Equipment Gross

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
Click cells to compare fundamentals

60 Degrees Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for SXTPW Stock Analysis

When running 60 Degrees' price analysis, check to measure 60 Degrees' 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 60 Degrees is operating at the current time. Most of 60 Degrees' value examination focuses on studying past and present price action to predict the probability of 60 Degrees' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 60 Degrees' price. Additionally, you may evaluate how the addition of 60 Degrees to your portfolios can decrease your overall portfolio volatility.