Yotta Net Working Capital vs Inventory Analysis

YOTAU Stock

USD 11.34 0.15 1.34%

Yotta Acquisition financial indicator trend analysis is more than just analyzing Yotta Acquisition Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yotta Acquisition Corp is a good investment. Please check the relationship between Yotta Acquisition Net Working Capital and its Inventory accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yotta Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Yotta Stock please use our How to Invest in Yotta Acquisition guide.

Net Working Capital vs Inventory

Net Working Capital vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yotta Acquisition Corp Net Working Capital account and Inventory. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Yotta Acquisition's Net Working Capital and Inventory is 0.92. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Inventory in the same time period over historical financial statements of Yotta Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Yotta Acquisition's Net Working Capital and Inventory 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 Working Capital of Yotta Acquisition Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Working Capital i.e., Yotta Acquisition's Net Working Capital and Inventory go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Working Capital

Inventory

Most indicators from Yotta Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yotta Acquisition Corp 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yotta Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Yotta Stock please use our How to Invest in Yotta Acquisition guide.Selling General Administrative is likely to drop to about 924.5 K in 2024. Tax Provision is likely to drop to about 531.5 K in 2024

	2010	2022	2023	2024 (projected)
Total Operating Expenses	11.8K	1.2M	1.5M	1.0M
EBITDA	2.4K	1.7B	3.4M	3.3M

Total Operating Expenses Ebitda

Yotta Acquisition fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Net Receivables	Inventory
Total Assets		0.64	0.17	0.13	1.0	-0.22	-0.42	0.07	1.0	1.0	0.07	0.52	0.62	0.54	0.01	0.47	1.0	0.64	0.26	1.0	-0.13	0.64	1.0	0.01	0.01
Short Long Term Debt Total	0.64		0.8	0.78	0.57	0.55	-0.92	0.81	0.64	0.64	0.81	-0.31	0.99	0.94	-0.71	0.98	0.58	1.0	0.91	0.64	-0.8	1.0	0.64	-0.57	-0.57
Other Current Liab	0.17	0.8		1.0	0.08	0.92	-0.96	0.91	0.17	0.17	0.91	-0.73	0.85	0.92	-0.98	0.91	0.09	0.8	0.93	0.17	-1.0	0.8	0.17	-0.93	-0.93
Total Current Liabilities	0.13	0.78	1.0		0.04	0.94	-0.95	0.91	0.13	0.13	0.91	-0.76	0.83	0.9	-0.99	0.89	0.05	0.78	0.93	0.13	-1.0	0.78	0.13	-0.94	-0.94
Total Stockholder Equity	1.0	0.57	0.08	0.04		-0.31	-0.34	-0.01	1.0	1.0	-0.01	0.6	0.55	0.46	0.1	0.39	1.0	0.57	0.17	1.0	-0.04	0.57	1.0	0.1	0.1
Net Debt	-0.22	0.55	0.92	0.94	-0.31		-0.79	0.87	-0.22	-0.22	0.87	-0.93	0.6	0.7	-0.98	0.71	-0.29	0.55	0.83	-0.22	-0.94	0.55	-0.22	-0.93	-0.93
Retained Earnings	-0.42	-0.92	-0.96	-0.95	-0.34	-0.79		-0.87	-0.42	-0.42	-0.87	0.54	-0.96	-0.99	0.9	-0.97	-0.35	-0.92	-0.94	-0.42	0.95	-0.92	-0.42	0.84	0.84
Cash	0.07	0.81	0.91	0.91	-0.01	0.87	-0.87		0.07	0.07	1.0	-0.8	0.82	0.8	-0.93	0.91	0.0	0.81	0.98	0.07	-0.93	0.81	0.07	-0.74	-0.74
Non Current Assets Total	1.0	0.64	0.17	0.13	1.0	-0.22	-0.42	0.07		1.0	0.07	0.52	0.62	0.54	0.02	0.47	1.0	0.64	0.25	1.0	-0.13	0.64	1.0	0.02	0.02
Non Currrent Assets Other	1.0	0.64	0.17	0.13	1.0	-0.22	-0.42	0.07	1.0		0.07	0.52	0.62	0.54	0.02	0.47	1.0	0.64	0.25	1.0	-0.13	0.64	1.0	0.02	0.02
Cash And Short Term Investments	0.07	0.81	0.91	0.91	-0.01	0.87	-0.87	1.0	0.07	0.07		-0.8	0.82	0.8	-0.93	0.91	0.0	0.81	0.98	0.07	-0.93	0.81	0.07	-0.74	-0.74
Common Stock Shares Outstanding	0.52	-0.31	-0.73	-0.76	0.6	-0.93	0.54	-0.8	0.52	0.52	-0.8		-0.35	-0.42	0.85	-0.5	0.58	-0.31	-0.68	0.52	0.77	-0.31	0.52	0.74	0.74
Non Current Liabilities Total	0.62	0.99	0.85	0.83	0.55	0.6	-0.96	0.82	0.62	0.62	0.82	-0.35		0.97	-0.76	0.98	0.56	0.99	0.91	0.62	-0.84	0.99	0.62	-0.64	-0.64
Other Current Assets	0.54	0.94	0.92	0.9	0.46	0.7	-0.99	0.8	0.54	0.54	0.8	-0.42	0.97		-0.83	0.96	0.48	0.94	0.9	0.54	-0.9	0.94	0.54	-0.79	-0.79
Other Stockholder Equity	0.01	-0.71	-0.98	-0.99	0.1	-0.98	0.9	-0.93	0.02	0.02	-0.93	0.85	-0.76	-0.83		-0.85	0.09	-0.71	-0.92	0.01	0.99	-0.71	0.01	0.93	0.93
Total Liab	0.47	0.98	0.91	0.89	0.39	0.71	-0.97	0.91	0.47	0.47	0.91	-0.5	0.98	0.96	-0.85		0.41	0.98	0.97	0.47	-0.91	0.98	0.47	-0.71	-0.71
Net Invested Capital	1.0	0.58	0.09	0.05	1.0	-0.29	-0.35	0.0	1.0	1.0	0.0	0.58	0.56	0.48	0.09	0.41		0.58	0.19	1.0	-0.05	0.58	1.0	0.08	0.08
Short Long Term Debt	0.64	1.0	0.8	0.78	0.57	0.55	-0.92	0.81	0.64	0.64	0.81	-0.31	0.99	0.94	-0.71	0.98	0.58		0.91	0.64	-0.8	1.0	0.64	-0.57	-0.57
Total Current Assets	0.26	0.91	0.93	0.93	0.17	0.83	-0.94	0.98	0.25	0.25	0.98	-0.68	0.91	0.9	-0.92	0.97	0.19	0.91		0.25	-0.95	0.91	0.25	-0.75	-0.75
Capital Stock	1.0	0.64	0.17	0.13	1.0	-0.22	-0.42	0.07	1.0	1.0	0.07	0.52	0.62	0.54	0.01	0.47	1.0	0.64	0.25		-0.13	0.64	1.0	0.01	0.01
Net Working Capital	-0.13	-0.8	-1.0	-1.0	-0.04	-0.94	0.95	-0.93	-0.13	-0.13	-0.93	0.77	-0.84	-0.9	0.99	-0.91	-0.05	-0.8	-0.95	-0.13		-0.8	-0.13	0.92	0.92
Short Term Debt	0.64	1.0	0.8	0.78	0.57	0.55	-0.92	0.81	0.64	0.64	0.81	-0.31	0.99	0.94	-0.71	0.98	0.58	1.0	0.91	0.64	-0.8		0.64	-0.57	-0.57
Common Stock	1.0	0.64	0.17	0.13	1.0	-0.22	-0.42	0.07	1.0	1.0	0.07	0.52	0.62	0.54	0.01	0.47	1.0	0.64	0.25	1.0	-0.13	0.64		0.01	0.01
Net Receivables	0.01	-0.57	-0.93	-0.94	0.1	-0.93	0.84	-0.74	0.02	0.02	-0.74	0.74	-0.64	-0.79	0.93	-0.71	0.08	-0.57	-0.75	0.01	0.92	-0.57	0.01		1.0
Inventory	0.01	-0.57	-0.93	-0.94	0.1	-0.93	0.84	-0.74	0.02	0.02	-0.74	0.74	-0.64	-0.79	0.93	-0.71	0.08	-0.57	-0.75	0.01	0.92	-0.57	0.01	1.0

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Yotta Net Working Capital vs Inventory Analysis

Net Working Capital vs Inventory

Net Working Capital vs Inventory Correlation Analysis

Correlation Coefficient

Net Working Capital

Inventory

Yotta Acquisition fundamental ratios Correlations

Yotta Acquisition Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets

Net Working Capital	- 1.0	Total Current Liabilities
Net Working Capital	- 1.0	Other Current Liab
Other Current Assets	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.99	Total Current Liabilities
Other Stockholder Equity	- 0.98	Net Debt
Other Stockholder Equity	- 0.98	Other Current Liab