Safety Depreciation And Amortization vs Total Revenue Analysis

SHOT Stock   0.74  0.02  2.78%   
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 Depreciation And Amortization and its Total Revenue 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.

Depreciation And Amortization vs Total Revenue

Depreciation And Amortization vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safety Shot Depreciation And Amortization account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Safety Shot's Depreciation And Amortization and Total Revenue is 0.41. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Revenue 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 Depreciation And Amortization and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Safety Shot are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Depreciation And Amortization i.e., Safety Shot's Depreciation And Amortization and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Safety Shot generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Amortization187.9K93.5K215.2K145.1K
Interest Income7.3K1.7K57.4K60.3K

Safety Shot fundamental ratios Correlations

0.740.98-0.79-0.810.80.930.970.690.850.790.990.760.680.880.890.790.90.920.560.690.970.510.940.850.5
0.740.58-0.21-0.880.990.490.60.150.851.00.680.760.990.830.860.90.710.810.630.830.610.860.880.340.94
0.980.58-0.9-0.70.650.980.980.790.760.640.980.680.50.790.80.680.860.850.480.570.980.350.860.930.31
-0.79-0.21-0.90.33-0.28-0.95-0.9-0.96-0.42-0.28-0.85-0.34-0.12-0.56-0.47-0.28-0.67-0.56-0.13-0.3-0.890.05-0.55-0.970.09
-0.81-0.88-0.70.33-0.91-0.58-0.67-0.16-0.99-0.89-0.74-0.97-0.87-0.82-0.98-0.96-0.79-0.9-0.87-0.75-0.7-0.87-0.93-0.43-0.78
0.80.990.65-0.28-0.910.540.640.20.890.990.720.80.980.840.890.940.750.870.680.810.660.850.920.40.91
0.930.490.98-0.95-0.580.540.980.890.660.550.960.560.410.750.70.520.810.740.350.520.980.240.760.960.21
0.970.60.98-0.9-0.670.640.980.840.740.660.990.620.520.850.780.620.90.840.390.661.00.320.840.950.32
0.690.150.79-0.96-0.160.20.890.840.250.220.780.120.060.510.320.130.60.45-0.120.310.81-0.20.440.95-0.14
0.850.850.76-0.42-0.990.890.660.740.250.870.790.970.840.840.990.930.820.90.860.740.760.830.930.510.72
0.791.00.64-0.28-0.890.990.550.660.220.870.730.770.980.870.890.910.770.860.620.860.670.840.910.420.91
0.990.680.98-0.85-0.740.720.960.990.780.790.730.680.60.880.840.70.920.880.460.70.990.410.890.910.41
0.760.760.68-0.34-0.970.80.560.620.120.970.770.680.750.690.940.910.680.80.960.560.660.850.850.380.67
0.680.990.5-0.12-0.870.980.410.520.060.840.980.60.750.80.840.880.670.770.650.830.540.90.840.250.97
0.880.830.79-0.56-0.820.840.750.850.510.840.870.880.690.80.890.760.970.920.460.950.850.570.910.710.62
0.890.860.8-0.47-0.980.890.70.780.320.990.890.840.940.840.890.920.880.940.80.790.810.790.960.570.71
0.790.90.68-0.28-0.960.940.520.620.130.930.910.70.910.880.760.920.730.90.820.680.630.840.940.380.81
0.90.710.86-0.67-0.790.750.810.90.60.820.770.920.680.670.970.880.730.940.440.870.890.440.910.810.46
0.920.810.85-0.56-0.90.870.740.840.450.90.860.880.80.770.920.940.90.940.620.80.830.60.990.690.6
0.560.630.48-0.13-0.870.680.350.39-0.120.860.620.460.960.650.460.80.820.440.620.350.440.860.670.140.62
0.690.830.57-0.3-0.750.810.520.660.310.740.860.70.560.830.950.790.680.870.80.350.660.590.80.50.7
0.970.610.98-0.89-0.70.660.981.00.810.760.670.990.660.540.850.810.630.890.830.440.660.370.840.930.34
0.510.860.350.05-0.870.850.240.32-0.20.830.840.410.850.90.570.790.840.440.60.860.590.370.690.020.92
0.940.880.86-0.55-0.930.920.760.840.440.930.910.890.850.840.910.960.940.910.990.670.80.840.690.660.69
0.850.340.93-0.97-0.430.40.960.950.950.510.420.910.380.250.710.570.380.810.690.140.50.930.020.660.03
0.50.940.310.09-0.780.910.210.32-0.140.720.910.410.670.970.620.710.810.460.60.620.70.340.920.690.03
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Safety Shot Account Relationship Matchups

Safety Shot fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets745.8K6.5M18.9M8.7M12.7M8.8M
Total Current Liabilities336.4K2.1M1.6M4.5M3.6M2.2M
Total Stockholder Equity379.2K4.4M16.6M3.7M8.8M6.2M
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 Payable10.7K688.8K710.0K1.5M1.5M817.4K
Cash531.0K4.3M11.8M1.9M3.8M4.1M
Cash And Short Term Investments531.0K4.3M14.7M4.8M5.3M5.5M
Net Receivables2.3K255.1K695.3K26.4K5.6K5.3K
Liabilities And Stockholders Equity745.8K6.5M18.9M8.7M12.7M8.8M
Other Stockholder Equity2.3M11.7M51.7M53.8M73.7M77.4M
Total Liab366.6K2.1M2.3M5.0M3.9M2.5M
Total Current Assets745.8K5.0M16.3M6.8M7.7M6.7M
Accumulated Other Comprehensive Income(985.2K)0.0285K477K725.2K761.5K
Common Stock6.9K10.7K24.0K22.3K45.6K47.9K

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Additional Tools for Safety Stock Analysis

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