Safety Net Debt vs Net Receivables Analysis

SHOTW Stock   0.17  0.02  10.53%   
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 Net Debt and its Net Receivables 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 estimate.
For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safety Shot Net Debt account and Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Safety Shot's Net Debt and Net Receivables is 0.08. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables 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 Net Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Safety Shot are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Safety Shot's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Receivables

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 estimate.
For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.Issuance Of Capital Stock is likely to climb to about 9.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M1.3M383.0K363.9K
Interest Income7.3K1.7K57.4K60.3K

Safety Shot fundamental ratios Correlations

0.410.670.96-0.830.860.850.80.910.910.90.910.820.710.990.471.00.910.890.92-0.12-0.39
0.410.760.22-0.630.64-0.01-0.090.630.550.570.230.660.760.320.750.380.620.060.59-0.68-0.8
0.670.760.45-0.930.890.190.10.830.740.770.450.871.00.570.970.620.840.250.79-0.77-0.77
0.960.220.45-0.660.670.940.910.750.80.760.960.620.510.990.240.970.760.970.80.16-0.29
-0.83-0.63-0.93-0.66-0.96-0.42-0.34-0.96-0.92-0.94-0.57-0.96-0.95-0.75-0.81-0.8-0.96-0.51-0.950.620.61
0.860.640.890.67-0.960.510.430.980.920.940.620.990.910.780.780.830.980.560.93-0.6-0.48
0.85-0.010.190.94-0.420.511.00.580.640.590.920.440.240.91-0.020.870.590.980.620.390.01
0.8-0.090.10.91-0.340.431.00.50.560.520.890.360.150.86-0.10.820.510.960.540.470.08
0.910.630.830.75-0.960.980.580.50.980.990.650.980.860.840.680.891.00.660.99-0.49-0.48
0.910.550.740.8-0.920.920.640.560.981.00.660.940.780.860.560.90.980.730.99-0.38-0.41
0.90.570.770.76-0.940.940.590.520.991.00.630.960.810.830.60.880.990.690.99-0.44-0.43
0.910.230.450.96-0.570.620.920.890.650.660.630.530.490.950.280.910.670.90.680.2-0.34
0.820.660.870.62-0.960.990.440.360.980.940.960.530.90.730.760.790.980.520.94-0.64-0.47
0.710.761.00.51-0.950.910.240.150.860.780.810.490.90.620.950.670.870.310.83-0.74-0.76
0.990.320.570.99-0.750.780.910.860.840.860.830.950.730.620.370.990.840.930.870.02-0.35
0.470.750.970.24-0.810.78-0.02-0.10.680.560.60.280.760.950.370.420.690.020.62-0.85-0.76
1.00.380.620.97-0.80.830.870.820.890.90.880.910.790.670.990.420.890.910.91-0.07-0.37
0.910.620.840.76-0.960.980.590.511.00.980.990.670.980.870.840.690.890.660.98-0.49-0.48
0.890.060.250.97-0.510.560.980.960.660.730.690.90.520.310.930.020.910.660.710.32-0.06
0.920.590.790.8-0.950.930.620.540.990.990.990.680.940.830.870.620.910.980.71-0.41-0.51
-0.12-0.68-0.770.160.62-0.60.390.47-0.49-0.38-0.440.2-0.64-0.740.02-0.85-0.07-0.490.32-0.410.5
-0.39-0.8-0.77-0.290.61-0.480.010.08-0.48-0.41-0.43-0.34-0.47-0.76-0.35-0.76-0.37-0.48-0.06-0.510.5
Click cells to compare fundamentals

Safety Shot Account Relationship Matchups

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