SurgePays Common Stock Shares Outstanding vs Good Will Analysis

SURGW Stock  USD 0.01  0.0009  10.00%   
SurgePays Warrant financial indicator trend analysis is much more than just breaking down SurgePays Warrant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SurgePays Warrant is a good investment. Please check the relationship between SurgePays Warrant Common Stock Shares Outstanding and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SurgePays Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy SurgePays Stock please use our How to Invest in SurgePays Warrant guide.

Common Stock Shares Outstanding vs Good Will

Common Stock Shares Outstanding vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SurgePays Warrant Common Stock Shares Outstanding account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SurgePays Warrant's Common Stock Shares Outstanding and Good Will is 0.86. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Good Will in the same time period over historical financial statements of SurgePays Warrant, assuming nothing else is changed. The correlation between historical values of SurgePays Warrant's Common Stock Shares Outstanding and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of SurgePays Warrant are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock Shares Outstanding i.e., SurgePays Warrant's Common Stock Shares Outstanding and Good Will go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from SurgePays Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SurgePays Warrant 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 SurgePays Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy SurgePays Stock please use our How to Invest in SurgePays Warrant guide.At this time, SurgePays Warrant's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 4.35 in 2024, whereas Issuance Of Capital Stock is likely to drop 516.75 in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses57.0M120.9M118.3M124.2M
Interest Expense7.5M2.0M596.0K1.1M

SurgePays Warrant fundamental ratios Correlations

0.790.85-0.64-0.640.830.970.970.990.38-0.020.960.620.99-0.280.890.060.560.430.97-0.390.980.710.470.820.32
0.790.37-0.13-0.860.890.640.640.780.590.010.790.930.750.110.830.320.810.720.84-0.080.780.760.630.680.55
0.850.37-0.92-0.210.490.940.940.87-0.05-0.180.780.130.88-0.530.62-0.190.090.030.75-0.570.830.480.10.71-0.11
-0.64-0.13-0.92-0.01-0.22-0.79-0.79-0.690.380.47-0.580.15-0.710.67-0.310.330.250.11-0.50.66-0.62-0.270.24-0.60.42
-0.64-0.86-0.21-0.01-0.84-0.51-0.51-0.57-0.720.0-0.78-0.9-0.60.05-0.69-0.27-0.84-0.86-0.7-0.05-0.6-0.53-0.66-0.47-0.72
0.830.890.49-0.22-0.840.750.750.780.660.110.860.840.780.120.920.250.840.550.9-0.160.790.790.710.580.6
0.970.640.94-0.79-0.510.751.00.960.21-0.140.930.430.97-0.390.82-0.050.390.270.92-0.480.930.670.340.770.14
0.970.640.94-0.79-0.510.751.00.960.21-0.140.930.430.97-0.390.82-0.050.390.270.92-0.480.930.670.340.770.14
0.990.780.87-0.69-0.570.780.960.960.28-0.090.930.580.99-0.310.850.030.480.40.95-0.440.980.70.380.860.22
0.380.59-0.050.38-0.720.660.210.210.280.650.440.780.310.260.590.30.880.610.480.270.40.240.810.170.99
-0.020.01-0.180.470.00.11-0.14-0.14-0.090.65-0.120.22-0.090.450.250.130.45-0.10.070.320.05-0.030.53-0.120.63
0.960.790.78-0.58-0.780.860.930.930.930.44-0.120.660.95-0.370.840.050.60.570.94-0.330.920.650.490.750.4
0.620.930.130.15-0.90.840.430.430.580.780.220.660.560.220.740.390.930.80.70.10.630.590.730.580.77
0.990.750.88-0.71-0.60.780.970.970.990.31-0.090.950.56-0.370.830.010.470.430.94-0.450.980.640.380.840.25
-0.280.11-0.530.670.050.12-0.39-0.39-0.310.260.45-0.370.22-0.370.090.40.33-0.19-0.160.31-0.30.270.25-0.340.22
0.890.830.62-0.31-0.690.920.820.820.850.590.250.840.740.830.090.260.80.370.94-0.130.850.850.740.640.52
0.060.32-0.190.33-0.270.25-0.05-0.050.030.30.130.050.390.010.40.260.410.340.080.00.040.220.16-0.020.33
0.560.810.090.25-0.840.840.390.390.480.880.450.60.930.470.330.80.410.620.680.210.540.620.880.410.86
0.430.720.030.11-0.860.550.270.270.40.61-0.10.570.80.43-0.190.370.340.620.440.050.450.160.380.420.66
0.970.840.75-0.5-0.70.90.920.920.950.480.070.940.70.94-0.160.940.080.680.44-0.310.940.790.630.770.42
-0.39-0.08-0.570.66-0.05-0.16-0.48-0.48-0.440.270.32-0.330.1-0.450.31-0.130.00.210.05-0.31-0.39-0.130.4-0.370.28
0.980.780.83-0.62-0.60.790.930.930.980.40.050.920.630.98-0.30.850.040.540.450.94-0.390.630.450.850.35
0.710.760.48-0.27-0.530.790.670.670.70.24-0.030.650.590.640.270.850.220.620.160.79-0.130.630.560.520.16
0.470.630.10.24-0.660.710.340.340.380.810.530.490.730.380.250.740.160.880.380.630.40.450.560.280.76
0.820.680.71-0.6-0.470.580.770.770.860.17-0.120.750.580.84-0.340.64-0.020.410.420.77-0.370.850.520.280.15
0.320.55-0.110.42-0.720.60.140.140.220.990.630.40.770.250.220.520.330.860.660.420.280.350.160.760.15
Click cells to compare fundamentals

SurgePays Warrant Account Relationship Matchups

SurgePays Warrant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0M7.3M19.5M34.0M42.1M44.3M
Total Current Liabilities7.1M15.3M10.0M23.5M12.7M13.3M
Total Stockholder Equity(4.7M)(10.7M)3.6M5.0M28.2M29.7M
Net Debt8.2M7.0M1.4M1.1M(9.2M)(8.7M)
Retained Earnings(10.9M)(21.6M)(35.1M)(35.8M)(15.2M)(14.4M)
Accounts Payable4.6M7.3M8.0M7.5M7.5M7.9M
Cash346.0K674.0K6.3M7.0M14.6M15.4M
Cash And Short Term Investments346.0K674.0K6.3M7.0M14.6M15.4M
Common Stock Shares Outstanding1.9M2.1M4.4M12.4M14.9M15.7M
Liabilities And Stockholders Equity10.0M7.3M19.5M34.0M42.1M44.3M
Non Current Liabilities Total7.6M2.7M6.0M5.4M1.0M1.8M
Other Current Assets172.6B5.6K0.0111.5K161.9K153.8K
Other Stockholder Equity6.1M10.7M38.7M40.8M43.4M45.6M
Total Liab14.7M18.1M15.9M28.9M13.7M7.0M
Total Current Assets3.6M1.3M13.9M27.6M33.4M35.0M
Common Stock102.2K127.1K12.1K14.1K14.4K13.7K
Non Current Assets Total6.4M6.1M5.6M6.4M8.8M9.2M
Non Currrent Assets Other61.5K66.5K61.5K176.9K(539.4K)(512.5K)
Short Long Term Debt Total8.5M7.7M7.7M8.1M5.4M3.3M
Other Current Liab678.0K1.7M8.0M13.0M570K541.5K
Property Plant And Equipment Net505.4K605.4K687.1K1.1M1.3M1.4M
Net Receivables3.1M393.1K3.2M9.2M9.5M10.0M
Short Term Debt1.7M5.8M1.7M2.7M4.6M4.9M
Intangible Assets4.8M4.1M3.4M3.2M2.7M2.4M
Long Term Debt6.6M1.7M5.5M5.0M460.5K437.5K
Inventory(172.6B)178.3K4.4M11.2M9.0M9.5M
Net Invested Capital4.0M(3.1M)10.7M12.7M33.3M35.0M
Short Long Term Debt2.1M5.9M1.7M2.7M4.6M3.0M
Net Working Capital(3.5M)(14.1M)3.9M4.1M20.7M21.7M
Capital Stock115.9K140.9K12.3K14.1K14.4K13.7K

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