Solid Total Assets vs Short Long Term Debt 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 Total Assets and its Short Long Term Debt 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.

Total Assets vs Short Long Term Debt

Total Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid Power Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Solid Power's Total Assets and Short Long Term Debt is -0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt 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 Total Assets and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Solid Power are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Solid Power's Total Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Solid Power assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Solid Power books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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
Click cells to compare fundamentals

Solid Power Account Relationship Matchups

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