SVT Stock | | | USD 10.98 0.08 0.72% |
Servotronics financial indicator trend analysis is much more than just breaking down Servotronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Servotronics is a good investment. Please check the relationship between Servotronics Property Plant And Equipment Net and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Servotronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Servotronics Stock please use our
How to Invest in Servotronics guide.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Servotronics Property Plant And Equipment Net account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Servotronics' Property Plant And Equipment Net and Cash is 0.28. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash in the same time period over historical financial statements of Servotronics, assuming nothing else is changed. The correlation between historical values of Servotronics' Property Plant And Equipment Net and Cash 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 Servotronics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Servotronics' Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Cash
Cash refers to the most liquid asset of Servotronics, which is listed under current asset account on Servotronics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Servotronics customers. The amounts must be unrestricted with restricted cash listed in a different Servotronics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Servotronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Servotronics 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 Servotronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Servotronics Stock please use our
How to Invest in Servotronics guide.At this time, Servotronics'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 1.2
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
Servotronics fundamental ratios Correlations
Click cells to compare fundamentals
Servotronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Servotronics fundamental ratios Accounts
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Additional Tools for Servotronics Stock Analysis
When running Servotronics' price analysis, check to
measure Servotronics' 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 Servotronics is operating at the current time. Most of Servotronics' value examination focuses on studying past and present price action to
predict the probability of Servotronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Servotronics' price. Additionally, you may evaluate how the addition of Servotronics to your portfolios can decrease your overall portfolio volatility.