Solid Property Plant And Equipment Net vs Net Receivables Analysis

SLDPW Stock  USD 0.12  0.01  9.09%   
Solid Power financial indicator trend analysis is much more than just breaking down Solid Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solid Power is a good investment. Please check the relationship between Solid Power Property Plant And Equipment Net and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.

Property Plant And Equipment Net vs Net Receivables

Property Plant And Equipment Net vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid Power Property Plant And Equipment Net account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Solid Power's Property Plant And Equipment Net and Net Receivables is 0.9. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Solid Power, assuming nothing else is changed. The correlation between historical values of Solid Power's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Solid Power 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 Property Plant And Equipment Net i.e., Solid Power's Property Plant And Equipment Net and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Receivables

Most indicators from Solid Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solid Power 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 Solid Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.Selling General Administrative is likely to climb to about 27.5 M in 2024, despite the fact that Tax Provision is likely to grow to (148.2 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.4M5.9M12.7M13.4M
Interest Income56K4.7M15.4M16.2M

Solid Power fundamental ratios Correlations

0.010.850.911.00.780.62-0.6-0.250.930.610.740.96-0.980.910.910.240.80.940.951.00.77-0.890.92-0.630.75
0.010.290.410.030.50.510.78-0.310.34-0.770.530.02-0.07-0.380.420.09-0.590.04-0.280.030.46-0.14-0.37-0.050.62
0.850.290.860.860.970.52-0.23-0.540.840.240.960.95-0.930.650.880.210.520.890.730.850.98-0.870.65-0.580.8
0.910.410.860.920.890.82-0.24-0.320.990.250.860.86-0.910.691.00.240.490.840.760.910.85-0.850.69-0.570.91
1.00.030.860.920.790.63-0.59-0.260.930.590.750.96-0.980.90.920.240.780.950.941.00.78-0.890.91-0.630.76
0.780.50.970.890.790.64-0.03-0.530.860.041.00.86-0.870.520.90.230.350.80.610.780.99-0.830.52-0.550.86
0.620.510.520.820.630.640.00.030.840.010.60.49-0.590.450.80.270.230.410.490.640.56-0.620.46-0.470.67
-0.60.78-0.23-0.24-0.59-0.030.0-0.16-0.3-1.00.03-0.530.51-0.85-0.23-0.09-0.94-0.53-0.8-0.59-0.040.41-0.850.340.02
-0.25-0.31-0.54-0.32-0.26-0.530.03-0.16-0.260.16-0.56-0.440.4-0.06-0.340.61-0.05-0.39-0.16-0.19-0.580.05-0.06-0.34-0.35
0.930.340.840.990.930.860.84-0.3-0.260.310.820.86-0.920.740.990.240.550.830.80.930.82-0.850.74-0.580.87
0.61-0.770.240.250.590.040.01-1.00.160.31-0.020.53-0.520.860.240.090.940.540.80.590.05-0.420.85-0.34-0.01
0.740.530.960.860.751.00.60.03-0.560.82-0.020.83-0.830.460.880.220.290.770.550.741.0-0.80.46-0.530.85
0.960.020.950.860.960.860.49-0.53-0.440.860.530.83-0.990.850.870.170.760.960.910.940.87-0.880.86-0.580.71
-0.98-0.07-0.93-0.91-0.98-0.87-0.590.510.4-0.92-0.52-0.83-0.99-0.87-0.91-0.17-0.76-0.94-0.92-0.97-0.860.88-0.870.58-0.74
0.91-0.380.650.690.90.520.45-0.85-0.060.740.860.460.85-0.870.680.180.970.80.990.90.5-0.761.0-0.560.41
0.910.420.881.00.920.90.8-0.23-0.340.990.240.880.87-0.910.680.240.490.860.750.920.87-0.850.68-0.580.92
0.240.090.210.240.240.230.27-0.090.610.240.090.220.17-0.170.180.240.090.240.160.330.21-0.610.18-0.90.32
0.8-0.590.520.490.780.350.23-0.94-0.050.550.940.290.76-0.760.970.490.090.710.940.770.35-0.620.97-0.440.2
0.940.040.890.840.950.80.41-0.53-0.390.830.540.770.96-0.940.80.860.240.710.860.940.81-0.850.81-0.60.79
0.95-0.280.730.760.940.610.49-0.8-0.160.80.80.550.91-0.920.990.750.160.940.860.940.6-0.790.99-0.550.51
1.00.030.850.911.00.780.64-0.59-0.190.930.590.740.94-0.970.90.920.330.770.940.940.76-0.920.9-0.690.77
0.770.460.980.850.780.990.56-0.04-0.580.820.051.00.87-0.860.50.870.210.350.810.60.76-0.820.51-0.540.83
-0.89-0.14-0.87-0.85-0.89-0.83-0.620.410.05-0.85-0.42-0.8-0.880.88-0.76-0.85-0.61-0.62-0.85-0.79-0.92-0.82-0.760.89-0.76
0.92-0.370.650.690.910.520.46-0.85-0.060.740.850.460.86-0.871.00.680.180.970.810.990.90.51-0.76-0.560.42
-0.63-0.05-0.58-0.57-0.63-0.55-0.470.34-0.34-0.58-0.34-0.53-0.580.58-0.56-0.58-0.9-0.44-0.6-0.55-0.69-0.540.89-0.56-0.54
0.750.620.80.910.760.860.670.02-0.350.87-0.010.850.71-0.740.410.920.320.20.790.510.770.83-0.760.42-0.54
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Solid Power Account Relationship Matchups

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