| SBBC Stock | | | CAD 1.03 0.01 0.96% |
Simply Better financial indicator trend analysis is much more than just breaking down Simply Better Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Simply Better Brands is a good investment. Please check the relationship between Simply Better Common Stock Shares Outstanding and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Simply Better Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Common Stock Shares Outstanding vs Cash
Common Stock Shares Outstanding vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Simply Better Brands Common Stock Shares Outstanding account and
Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Simply Better's Common Stock Shares Outstanding and Cash is 0.13. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of Simply Better Brands, assuming nothing else is changed. The correlation between historical values of Simply Better's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Simply Better Brands 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 Common Stock Shares Outstanding i.e., Simply Better's Common Stock Shares Outstanding and Cash go up and down completely randomly.
Correlation Coefficient | 0.13 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Cash
Cash refers to the most liquid asset of Simply Better Brands, which is listed under current asset account on Simply Better Brands balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Simply Better customers. The amounts must be unrestricted with restricted cash listed in a different Simply Better 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 Simply Better's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Simply Better Brands 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 Simply Better Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Simply Better reported
Tax Provision of
(1.03 Million) in 2023.
Sales General And Administrative To Revenue is likely to climb to 0.22 in 2024, whereas
Selling General Administrative is likely to drop slightly above 30.5
M in 2024.
Simply Better fundamental ratios Correlations
Click cells to compare fundamentals
Simply Better Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Simply Better fundamental ratios Accounts
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Additional Tools for Simply Stock Analysis
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measure Simply Better'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 Simply Better is operating at the current time. Most of Simply Better's value examination focuses on studying past and present price action to
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