Yotta Selling General Administrative vs Total Current Liabilities 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 Selling General Administrative and its Total Current Liabilities 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.

Selling General Administrative vs Total Current Liabilities

Selling General Administrative vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yotta Acquisition Corp Selling General Administrative account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Yotta Acquisition's Selling General Administrative and Total Current Liabilities is 0.88. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities 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 Selling General Administrative and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Yotta Acquisition Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Selling General Administrative i.e., Yotta Acquisition's Selling General Administrative and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Total Current Liabilities

Total Current Liabilities is an item on Yotta Acquisition balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Yotta Acquisition Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Expenses11.8K1.2M1.5M1.0M
EBITDA2.4K1.7B3.4M3.3M

Yotta Acquisition fundamental ratios Correlations

0.640.170.131.0-0.22-0.420.071.01.00.070.520.620.540.010.471.00.640.261.0-0.130.641.00.010.01
0.640.80.780.570.55-0.920.810.640.640.81-0.310.990.94-0.710.980.581.00.910.64-0.81.00.64-0.57-0.57
0.170.81.00.080.92-0.960.910.170.170.91-0.730.850.92-0.980.910.090.80.930.17-1.00.80.17-0.93-0.93
0.130.781.00.040.94-0.950.910.130.130.91-0.760.830.9-0.990.890.050.780.930.13-1.00.780.13-0.94-0.94
1.00.570.080.04-0.31-0.34-0.011.01.0-0.010.60.550.460.10.391.00.570.171.0-0.040.571.00.10.1
-0.220.550.920.94-0.31-0.790.87-0.22-0.220.87-0.930.60.7-0.980.71-0.290.550.83-0.22-0.940.55-0.22-0.93-0.93
-0.42-0.92-0.96-0.95-0.34-0.79-0.87-0.42-0.42-0.870.54-0.96-0.990.9-0.97-0.35-0.92-0.94-0.420.95-0.92-0.420.840.84
0.070.810.910.91-0.010.87-0.870.070.071.0-0.80.820.8-0.930.910.00.810.980.07-0.930.810.07-0.74-0.74
1.00.640.170.131.0-0.22-0.420.071.00.070.520.620.540.020.471.00.640.251.0-0.130.641.00.020.02
1.00.640.170.131.0-0.22-0.420.071.00.070.520.620.540.020.471.00.640.251.0-0.130.641.00.020.02
0.070.810.910.91-0.010.87-0.871.00.070.07-0.80.820.8-0.930.910.00.810.980.07-0.930.810.07-0.74-0.74
0.52-0.31-0.73-0.760.6-0.930.54-0.80.520.52-0.8-0.35-0.420.85-0.50.58-0.31-0.680.520.77-0.310.520.740.74
0.620.990.850.830.550.6-0.960.820.620.620.82-0.350.97-0.760.980.560.990.910.62-0.840.990.62-0.64-0.64
0.540.940.920.90.460.7-0.990.80.540.540.8-0.420.97-0.830.960.480.940.90.54-0.90.940.54-0.79-0.79
0.01-0.71-0.98-0.990.1-0.980.9-0.930.020.02-0.930.85-0.76-0.83-0.850.09-0.71-0.920.010.99-0.710.010.930.93
0.470.980.910.890.390.71-0.970.910.470.470.91-0.50.980.96-0.850.410.980.970.47-0.910.980.47-0.71-0.71
1.00.580.090.051.0-0.29-0.350.01.01.00.00.580.560.480.090.410.580.191.0-0.050.581.00.080.08
0.641.00.80.780.570.55-0.920.810.640.640.81-0.310.990.94-0.710.980.580.910.64-0.81.00.64-0.57-0.57
0.260.910.930.930.170.83-0.940.980.250.250.98-0.680.910.9-0.920.970.190.910.25-0.950.910.25-0.75-0.75
1.00.640.170.131.0-0.22-0.420.071.01.00.070.520.620.540.010.471.00.640.25-0.130.641.00.010.01
-0.13-0.8-1.0-1.0-0.04-0.940.95-0.93-0.13-0.13-0.930.77-0.84-0.90.99-0.91-0.05-0.8-0.95-0.13-0.8-0.130.920.92
0.641.00.80.780.570.55-0.920.810.640.640.81-0.310.990.94-0.710.980.581.00.910.64-0.80.64-0.57-0.57
1.00.640.170.131.0-0.22-0.420.071.01.00.070.520.620.540.010.471.00.640.251.0-0.130.640.010.01
0.01-0.57-0.93-0.940.1-0.930.84-0.740.020.02-0.740.74-0.64-0.790.93-0.710.08-0.57-0.750.010.92-0.570.011.0
0.01-0.57-0.93-0.940.1-0.930.84-0.740.020.02-0.740.74-0.64-0.790.93-0.710.08-0.57-0.750.010.92-0.570.011.0
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Yotta Acquisition Account Relationship Matchups

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Additional Tools for Yotta Stock Analysis

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