SurgePays Property Plant And Equipment Net vs Total Current Liabilities 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 Property Plant And Equipment Net and its Total Current Liabilities 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.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SurgePays Warrant Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SurgePays Warrant's Property Plant And Equipment Net and Total Current Liabilities is 0.84. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net of SurgePays Warrant 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 Property Plant And Equipment Net i.e., SurgePays Warrant's Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Liabilities

Total Current Liabilities is an item on SurgePays Warrant balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SurgePays Warrant 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 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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