Sphere Begin Period Cash Flow vs Stock Based Compensation Analysis

ANY Stock  USD 1.25  0.03  2.46%   
Sphere 3D financial indicator trend analysis is much more than just breaking down Sphere 3D Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sphere 3D Corp is a good investment. Please check the relationship between Sphere 3D Begin Period Cash Flow and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sphere 3D 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 board of governors.

Begin Period Cash Flow vs Stock Based Compensation

Begin Period Cash Flow vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sphere 3D Corp Begin Period Cash Flow account and Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sphere 3D's Begin Period Cash Flow and Stock Based Compensation is 0.58. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Sphere 3D Corp, assuming nothing else is changed. The correlation between historical values of Sphere 3D's Begin Period Cash Flow and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Sphere 3D Corp are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Begin Period Cash Flow i.e., Sphere 3D's Begin Period Cash Flow and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Sphere 3D's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sphere 3D 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Sphere 3D 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 board of governors.
At this time, Sphere 3D's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 41.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.7 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue2.0M3.4M15.9M14.0M
Research Development971K605K1.0M974.7K

Sphere 3D fundamental ratios Correlations

0.590.380.92-0.37-0.140.830.830.150.430.690.450.440.980.530.290.770.40.990.020.380.370.510.440.48-0.47
0.590.820.290.430.070.10.1-0.110.320.070.770.850.530.85-0.23-0.010.90.61-0.08-0.10.770.940.90.49-0.45
0.380.820.030.680.130.00.0-0.290.07-0.130.950.910.390.8-0.45-0.180.910.36-0.14-0.310.610.90.70.39-0.34
0.920.290.03-0.68-0.140.940.940.20.370.80.150.060.920.20.440.910.040.91-0.050.470.10.170.170.34-0.34
-0.370.430.68-0.680.14-0.72-0.72-0.25-0.25-0.630.540.61-0.390.42-0.55-0.780.62-0.37-0.01-0.470.350.550.40.05-0.01
-0.140.070.13-0.140.14-0.02-0.02-0.9-0.36-0.60.320.04-0.090.02-0.8-0.390.02-0.19-0.61-0.850.250.230.32-0.650.68
0.830.10.00.94-0.72-0.021.00.040.270.720.16-0.030.880.090.310.89-0.070.79-0.160.33-0.010.050.010.21-0.21
0.830.10.00.94-0.72-0.021.00.030.270.720.16-0.030.880.090.310.89-0.070.79-0.160.33-0.010.050.010.2-0.21
0.15-0.11-0.290.2-0.25-0.90.040.030.10.68-0.44-0.190.09-0.10.940.43-0.190.210.550.95-0.3-0.3-0.310.36-0.39
0.430.320.070.37-0.25-0.360.270.270.10.250.050.280.350.360.120.330.340.440.290.180.430.220.260.78-0.79
0.690.07-0.130.8-0.63-0.60.720.720.680.25-0.1-0.130.710.080.810.87-0.090.70.090.85-0.12-0.12-0.150.42-0.44
0.450.770.950.150.540.320.160.16-0.440.05-0.10.840.50.82-0.53-0.110.860.41-0.33-0.40.690.890.70.27-0.21
0.440.850.910.060.610.04-0.03-0.03-0.190.28-0.130.840.380.87-0.34-0.120.920.440.17-0.20.740.950.740.46-0.41
0.980.530.390.92-0.39-0.090.880.880.090.350.710.50.380.520.250.770.380.95-0.130.330.350.470.380.43-0.42
0.530.850.80.20.420.020.090.09-0.10.360.080.820.870.52-0.23-0.040.920.52-0.07-0.10.890.880.80.46-0.42
0.29-0.23-0.450.44-0.55-0.80.310.310.940.120.81-0.53-0.340.25-0.230.67-0.370.340.490.99-0.4-0.42-0.410.26-0.3
0.77-0.01-0.180.91-0.78-0.390.890.890.430.330.87-0.11-0.120.77-0.040.67-0.210.770.20.68-0.18-0.11-0.180.33-0.34
0.40.90.910.040.620.02-0.07-0.07-0.190.34-0.090.860.920.380.92-0.37-0.210.39-0.09-0.230.810.920.790.54-0.51
0.990.610.360.91-0.37-0.190.790.790.210.440.70.410.440.950.520.340.770.390.080.420.370.510.450.49-0.5
0.02-0.08-0.14-0.05-0.01-0.61-0.16-0.160.550.290.09-0.330.17-0.13-0.070.490.2-0.090.080.5-0.19-0.06-0.180.3-0.32
0.38-0.1-0.310.47-0.47-0.850.330.330.950.180.85-0.4-0.20.33-0.10.990.68-0.230.420.5-0.31-0.29-0.320.38-0.41
0.370.770.610.10.350.25-0.01-0.01-0.30.43-0.120.690.740.350.89-0.4-0.180.810.37-0.19-0.310.810.780.3-0.26
0.510.940.90.170.550.230.050.05-0.30.22-0.120.890.950.470.88-0.42-0.110.920.51-0.06-0.290.810.870.35-0.3
0.440.90.70.170.40.320.010.01-0.310.26-0.150.70.740.380.8-0.41-0.180.790.45-0.18-0.320.780.870.26-0.21
0.480.490.390.340.05-0.650.210.20.360.780.420.270.460.430.460.260.330.540.490.30.380.30.350.26-0.97
-0.47-0.45-0.34-0.34-0.010.68-0.21-0.21-0.39-0.79-0.44-0.21-0.41-0.42-0.42-0.3-0.34-0.51-0.5-0.32-0.41-0.26-0.3-0.21-0.97
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Sphere 3D Account Relationship Matchups

Sphere 3D fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4M11.8M275.9M83.0M45.7M62.8M
Other Current Liab973K1.3M3.7M3.0M3.0M4.1M
Total Current Liabilities6.6M5.8M5.2M6.2M5.3M5.1M
Total Stockholder Equity1.2M5.0M269.6M34.6M40.3M37.2M
Net Debt342K2.0M(54.4M)(1.3M)(586K)(556.7K)
Retained Earnings(191.6M)(197.4M)(215.2M)(419.7M)(447.4M)(425.0M)
Cash149K461K54.4M1.3M586K556.7K
Cash And Short Term Investments149K461K54.4M1.3M586K556.7K
Common Stock Shares Outstanding384.6K840.7K4.4M9.5M12.1M12.7M
Liabilities And Stockholders Equity8.4M11.8M275.9M83.0M45.7M62.8M
Other Current Assets345K807K22.0M5.0M12.9M13.6M
Other Stockholder Equity8.4M11.8M42.4M(26.8M)(12.7M)(12.1M)
Total Liab7.2M6.8M6.3M48.5M5.3M5.1M
Total Current Assets1.9M2.1M78.4M10.3M13.5M16.8M
Other Liab683K520K347K1.1M981K1.4M
Net Tangible Assets(10.3M)(9.3M)(10.8M)164.3M188.9M198.3M
Property Plant And Equipment Net2K0.0102.2M34.3M24.2M16.1M
Accounts Payable4.1M2.0M1.3M3.0M2.4M3.9M
Non Current Assets Total6.5M9.7M197.5M72.7M32.2M61.3M
Non Currrent Assets Other4K3.7M52K18.6M3.4M2.9M
Other Assets950K677K3.7M114.5M131.7M138.3M
Net Receivables1.1M369K264K2.0M4.0M0.0
Non Current Liabilities Total520K1.0M1.1M42.3M4.2M4.0M
Inventory753K558K22.0M(5.3M)(6.1M)(5.8M)
Deferred Long Term Liab683K485K56K7K6.3K6.0K
Property Plant And Equipment Gross2K291K102.2M36.0M30.1M16.8M
Short Long Term Debt44.8M600K491K1.8M1.6M1.6M
Accumulated Other Comprehensive Income(1.8M)(1.8M)(1.8M)(1.8M)(1.8M)(1.9M)
Short Term Debt600K491K1.8M3.4M3.1M2.9M
Intangible Assets2.3M2.6M63.0M9.5M4.6M4.4M
Common Stock186.2M192.4M444.3M456.4M475.7M499.5M
Current Deferred Revenue1.1M657K210K160K144K136.8K
Short Long Term Debt Total44.8M7.2M491K2.5M2.3M2.1M

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