Safety Days Payables Outstanding vs Ptb Ratio Analysis

SHOT Stock

0.71 0.04 5.33%

Safety Shot financial indicator trend analysis is much more than just breaking down Safety Shot prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Safety Shot is a good investment. Please check the relationship between Safety Shot Days Payables Outstanding and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safety Shot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.

Days Payables Outstanding vs Ptb Ratio

Days Payables Outstanding vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safety Shot Days Payables Outstanding account and Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Safety Shot's Days Payables Outstanding and Ptb Ratio is -0.5. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Safety Shot, assuming nothing else is changed. The correlation between historical values of Safety Shot's Days Payables Outstanding and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Safety Shot are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Days Payables Outstanding i.e., Safety Shot's Days Payables Outstanding and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

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Days Payables Outstanding

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Safety Shot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Safety Shot 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 Safety Shot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.At this time, Safety Shot's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 113.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.5 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	187.9K	93.5K	215.2K	145.1K
Interest Income	7.3K	1.7K	57.4K	60.3K

Depreciation And Amortization Interest Income

Safety Shot fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Net Tangible Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Short Term Debt
Total Assets		0.74	0.98	-0.79	-0.81	0.8	0.93	0.97	0.69	0.85	0.79	0.99	0.76	0.68	0.88	0.89	0.79	0.9	0.92	0.56	0.69	0.97	0.51	0.94	0.85	0.5
Total Current Liabilities	0.74		0.58	-0.21	-0.88	0.99	0.49	0.6	0.15	0.85	1.0	0.68	0.76	0.99	0.83	0.86	0.9	0.71	0.81	0.63	0.83	0.61	0.86	0.88	0.34	0.94
Total Stockholder Equity	0.98	0.58		-0.9	-0.7	0.65	0.98	0.98	0.79	0.76	0.64	0.98	0.68	0.5	0.79	0.8	0.68	0.86	0.85	0.48	0.57	0.98	0.35	0.86	0.93	0.31
Net Debt	-0.79	-0.21	-0.9		0.33	-0.28	-0.95	-0.9	-0.96	-0.42	-0.28	-0.85	-0.34	-0.12	-0.56	-0.47	-0.28	-0.67	-0.56	-0.13	-0.3	-0.89	0.05	-0.55	-0.97	0.09
Retained Earnings	-0.81	-0.88	-0.7	0.33		-0.91	-0.58	-0.67	-0.16	-0.99	-0.89	-0.74	-0.97	-0.87	-0.82	-0.98	-0.96	-0.79	-0.9	-0.87	-0.75	-0.7	-0.87	-0.93	-0.43	-0.78
Accounts Payable	0.8	0.99	0.65	-0.28	-0.91		0.54	0.64	0.2	0.89	0.99	0.72	0.8	0.98	0.84	0.89	0.94	0.75	0.87	0.68	0.81	0.66	0.85	0.92	0.4	0.91
Cash	0.93	0.49	0.98	-0.95	-0.58	0.54		0.98	0.89	0.66	0.55	0.96	0.56	0.41	0.75	0.7	0.52	0.81	0.74	0.35	0.52	0.98	0.24	0.76	0.96	0.21
Cash And Short Term Investments	0.97	0.6	0.98	-0.9	-0.67	0.64	0.98		0.84	0.74	0.66	0.99	0.62	0.52	0.85	0.78	0.62	0.9	0.84	0.39	0.66	1.0	0.32	0.84	0.95	0.32
Net Receivables	0.69	0.15	0.79	-0.96	-0.16	0.2	0.89	0.84		0.25	0.22	0.78	0.12	0.06	0.51	0.32	0.13	0.6	0.45	-0.12	0.31	0.81	-0.2	0.44	0.95	-0.14
Other Stockholder Equity	0.85	0.85	0.76	-0.42	-0.99	0.89	0.66	0.74	0.25		0.87	0.79	0.97	0.84	0.84	0.99	0.93	0.82	0.9	0.86	0.74	0.76	0.83	0.93	0.51	0.72
Total Liab	0.79	1.0	0.64	-0.28	-0.89	0.99	0.55	0.66	0.22	0.87		0.73	0.77	0.98	0.87	0.89	0.91	0.77	0.86	0.62	0.86	0.67	0.84	0.91	0.42	0.91
Total Current Assets	0.99	0.68	0.98	-0.85	-0.74	0.72	0.96	0.99	0.78	0.79	0.73		0.68	0.6	0.88	0.84	0.7	0.92	0.88	0.46	0.7	0.99	0.41	0.89	0.91	0.41
Common Stock	0.76	0.76	0.68	-0.34	-0.97	0.8	0.56	0.62	0.12	0.97	0.77	0.68		0.75	0.69	0.94	0.91	0.68	0.8	0.96	0.56	0.66	0.85	0.85	0.38	0.67
Short Long Term Debt Total	0.68	0.99	0.5	-0.12	-0.87	0.98	0.41	0.52	0.06	0.84	0.98	0.6	0.75		0.8	0.84	0.88	0.67	0.77	0.65	0.83	0.54	0.9	0.84	0.25	0.97
Other Current Liab	0.88	0.83	0.79	-0.56	-0.82	0.84	0.75	0.85	0.51	0.84	0.87	0.88	0.69	0.8		0.89	0.76	0.97	0.92	0.46	0.95	0.85	0.57	0.91	0.71	0.62
Net Tangible Assets	0.89	0.86	0.8	-0.47	-0.98	0.89	0.7	0.78	0.32	0.99	0.89	0.84	0.94	0.84	0.89		0.92	0.88	0.94	0.8	0.79	0.81	0.79	0.96	0.57	0.71
Common Stock Shares Outstanding	0.79	0.9	0.68	-0.28	-0.96	0.94	0.52	0.62	0.13	0.93	0.91	0.7	0.91	0.88	0.76	0.92		0.73	0.9	0.82	0.68	0.63	0.84	0.94	0.38	0.81
Non Current Liabilities Total	0.9	0.71	0.86	-0.67	-0.79	0.75	0.81	0.9	0.6	0.82	0.77	0.92	0.68	0.67	0.97	0.88	0.73		0.94	0.44	0.87	0.89	0.44	0.91	0.81	0.46
Capital Lease Obligations	0.92	0.81	0.85	-0.56	-0.9	0.87	0.74	0.84	0.45	0.9	0.86	0.88	0.8	0.77	0.92	0.94	0.9	0.94		0.62	0.8	0.83	0.6	0.99	0.69	0.6
Inventory	0.56	0.63	0.48	-0.13	-0.87	0.68	0.35	0.39	-0.12	0.86	0.62	0.46	0.96	0.65	0.46	0.8	0.82	0.44	0.62		0.35	0.44	0.86	0.67	0.14	0.62
Other Current Assets	0.69	0.83	0.57	-0.3	-0.75	0.81	0.52	0.66	0.31	0.74	0.86	0.7	0.56	0.83	0.95	0.79	0.68	0.87	0.8	0.35		0.66	0.59	0.8	0.5	0.7
Net Invested Capital	0.97	0.61	0.98	-0.89	-0.7	0.66	0.98	1.0	0.81	0.76	0.67	0.99	0.66	0.54	0.85	0.81	0.63	0.89	0.83	0.44	0.66		0.37	0.84	0.93	0.34
Short Long Term Debt	0.51	0.86	0.35	0.05	-0.87	0.85	0.24	0.32	-0.2	0.83	0.84	0.41	0.85	0.9	0.57	0.79	0.84	0.44	0.6	0.86	0.59	0.37		0.69	0.02	0.92
Capital Stock	0.94	0.88	0.86	-0.55	-0.93	0.92	0.76	0.84	0.44	0.93	0.91	0.89	0.85	0.84	0.91	0.96	0.94	0.91	0.99	0.67	0.8	0.84	0.69		0.66	0.69
Net Working Capital	0.85	0.34	0.93	-0.97	-0.43	0.4	0.96	0.95	0.95	0.51	0.42	0.91	0.38	0.25	0.71	0.57	0.38	0.81	0.69	0.14	0.5	0.93	0.02	0.66		0.03
Short Term Debt	0.5	0.94	0.31	0.09	-0.78	0.91	0.21	0.32	-0.14	0.72	0.91	0.41	0.67	0.97	0.62	0.71	0.81	0.46	0.6	0.62	0.7	0.34	0.92	0.69	0.03

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Safety Shot Account Relationship Matchups

Safety Shot fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	745.8K	6.5M	18.9M	8.7M	12.7M	8.8M
Total Current Liabilities	336.4K	2.1M	1.6M	4.5M	3.6M	2.2M
Total Stockholder Equity	379.2K	4.4M	16.6M	3.7M	8.8M	6.2M
Net Debt	(180.3K)	(2.9M)	(10.9M)	800.3K	(1.8M)	(1.9M)
Retained Earnings	(985.2K)	(7.3M)	(35.4M)	(50.6M)	(65.7M)	(62.4M)
Accounts Payable	10.7K	688.8K	710.0K	1.5M	1.5M	817.4K
Cash	531.0K	4.3M	11.8M	1.9M	3.8M	4.1M
Cash And Short Term Investments	531.0K	4.3M	14.7M	4.8M	5.3M	5.5M
Net Receivables	2.3K	255.1K	695.3K	26.4K	5.6K	5.3K
Liabilities And Stockholders Equity	745.8K	6.5M	18.9M	8.7M	12.7M	8.8M
Other Stockholder Equity	2.3M	11.7M	51.7M	53.8M	73.7M	77.4M
Total Liab	366.6K	2.1M	2.3M	5.0M	3.9M	2.5M
Total Current Assets	745.8K	5.0M	16.3M	6.8M	7.7M	6.7M
Accumulated Other Comprehensive Income	(985.2K)	0.0	285K	477K	725.2K	761.5K
Common Stock	6.9K	10.7K	24.0K	22.3K	45.6K	47.9K

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