Sobr Intangible Assets vs Net Receivables Analysis
SOBR Stock | | | USD 3.67 0.23 5.90% |
Sobr Safe financial indicator trend analysis is much more than just breaking down Sobr Safe prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sobr Safe is a good investment. Please check the relationship between Sobr Safe Intangible Assets and its Net Receivables accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sobr Safe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
To learn how to invest in Sobr Stock, please use our
How to Invest in Sobr Safe guide.
Intangible Assets vs Net Receivables
Intangible Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sobr Safe Intangible Assets account and
Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sobr Safe's Intangible Assets and Net Receivables is -0.65. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Sobr Safe, assuming nothing else is changed. The correlation between historical values of Sobr Safe's Intangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Sobr Safe are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Intangible Assets i.e., Sobr Safe's Intangible Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Net Receivables
Most indicators from Sobr Safe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sobr Safe 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 Sobr Safe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
To learn how to invest in Sobr Stock, please use our
How to Invest in Sobr Safe guide.At this time, Sobr Safe's
Selling General Administrative is relatively stable compared to the past year. As of 08/02/2025,
Enterprise Value Over EBITDA is likely to grow to 0.89, while
Sales General And Administrative To Revenue is likely to drop 35.68.
Sobr Safe fundamental ratios Correlations
Click cells to compare fundamentals
Sobr Safe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sobr Safe fundamental ratios Accounts
Additional Tools for Sobr Stock Analysis
When running Sobr Safe's price analysis, check to
measure Sobr Safe'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 Sobr Safe is operating at the current time. Most of Sobr Safe's value examination focuses on studying past and present price action to
predict the probability of Sobr Safe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sobr Safe's price. Additionally, you may evaluate how the addition of Sobr Safe to your portfolios can decrease your overall portfolio volatility.