SXTPW Non Current Liabilities Total vs Net Debt 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 Non Current Liabilities Total and its Net Debt 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.
Non Current Liabilities Total vs Net Debt
Non Current Liabilities Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 60 Degrees Pharmaceu Non Current Liabilities Total account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between 60 Degrees' Non Current Liabilities Total and Net Debt is -0.93. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Debt 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' Non Current Liabilities Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of 60 Degrees Pharmaceuticals, are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Liabilities Total i.e., 60 Degrees' Non Current Liabilities Total and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.93 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Non Current Liabilities Total
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 Expenses | 2.3M | 2.0M | 5.4M | 3.4M | Cost Of Revenue | 850.7K | 432.4K | 474.6K | 492.1K |
60 Degrees fundamental ratios Correlations
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60 Degrees Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.