Solid Cash And Short Term Investments vs Common Stock Analysis

SOLI Stock

127.50 2.50 1.92%

Solid State financial indicator trend analysis is much more than just breaking down Solid State Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solid State Plc is a good investment. Please check the relationship between Solid State Cash And Short Term Investments and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid State Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Common Stock

Cash And Short Term Investments vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid State Plc Cash And Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Solid State's Cash And Short Term Investments and Common Stock is 0.58. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Solid State Plc, assuming nothing else is changed. The correlation between historical values of Solid State's Cash And Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Solid State Plc are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash And Short Term Investments i.e., Solid State's Cash And Short Term Investments and Common Stock go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Solid State Plc balance sheet. This account contains Solid State investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Solid State Plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock

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

At this time, Solid State's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3.4 M in 2024, despite the fact that Discontinued Operations is likely to grow to (374.5 K).

	2021	2022	2023	2024 (projected)
Interest Expense	226K	972K	1.5M	1.6M
Depreciation And Amortization	2.8M	4.2M	4.9M	5.1M

Interest Expense Depreciation And Amortization

Solid State fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Net Debt	Short Term Debt	Cash	Cash And Short Term Investments	Other Assets	Net Receivables	Other Current Assets
Total Assets		0.97	0.99	0.96	0.95	0.77	1.0	0.42	0.39	0.72	0.95	0.98	0.95	0.98	0.97	1.0	0.6	0.95	0.94	0.7	0.41	0.95	0.95	0.83	0.92	0.15
Total Current Liabilities	0.97		0.94	0.93	0.91	0.81	0.96	0.35	0.42	0.7	0.91	0.98	0.89	0.99	0.95	0.98	0.62	0.91	0.95	0.67	0.46	0.93	0.93	0.83	0.88	0.15
Total Stockholder Equity	0.99	0.94		0.95	0.96	0.77	0.99	0.49	0.4	0.73	0.91	0.95	0.96	0.95	0.96	0.98	0.59	0.95	0.9	0.72	0.41	0.91	0.91	0.83	0.94	0.15
Property Plant And Equipment Net	0.96	0.93	0.95		0.98	0.68	0.96	0.26	0.39	0.69	0.94	0.93	0.85	0.95	0.96	0.96	0.55	0.87	0.95	0.56	0.28	0.92	0.92	0.71	0.89	0.17
Retained Earnings	0.95	0.91	0.96	0.98		0.75	0.94	0.36	0.5	0.75	0.89	0.91	0.85	0.92	0.93	0.96	0.63	0.86	0.91	0.57	0.33	0.88	0.88	0.69	0.93	0.26
Accounts Payable	0.77	0.81	0.77	0.68	0.75		0.73	0.44	0.61	0.69	0.62	0.81	0.77	0.76	0.69	0.8	0.75	0.69	0.74	0.46	0.33	0.73	0.73	0.64	0.71	0.49
Non Current Assets Total	1.0	0.96	0.99	0.96	0.94	0.73		0.42	0.34	0.7	0.95	0.97	0.95	0.98	0.97	0.98	0.56	0.96	0.92	0.71	0.39	0.94	0.94	0.84	0.9	0.09
Non Currrent Assets Other	0.42	0.35	0.49	0.26	0.36	0.44	0.42		0.36	0.42	0.29	0.39	0.56	0.33	0.36	0.42	0.45	0.56	0.16	0.66	0.51	0.29	0.29	0.6	0.5	-0.05
Common Stock Total Equity	0.39	0.42	0.4	0.39	0.5	0.61	0.34	0.36		0.74	0.29	0.38	0.28	0.38	0.29	0.43	0.94	0.33	0.33	0.13	0.29	0.35	0.35	0.26	0.46	0.28
Common Stock Shares Outstanding	0.72	0.7	0.73	0.69	0.75	0.69	0.7	0.42	0.74		0.65	0.73	0.66	0.7	0.64	0.74	0.88	0.67	0.66	0.38	0.26	0.71	0.71	0.51	0.65	0.27
Non Current Liabilities Total	0.95	0.91	0.91	0.94	0.89	0.62	0.95	0.29	0.29	0.65		0.92	0.86	0.96	0.91	0.93	0.5	0.9	0.94	0.6	0.26	0.97	0.97	0.71	0.81	0.12
Inventory	0.98	0.98	0.95	0.93	0.91	0.81	0.97	0.39	0.38	0.73	0.92		0.93	0.98	0.94	0.98	0.61	0.92	0.95	0.63	0.35	0.96	0.96	0.8	0.84	0.16
Other Stockholder Equity	0.95	0.89	0.96	0.85	0.85	0.77	0.95	0.56	0.28	0.66	0.86	0.93		0.9	0.91	0.93	0.52	0.94	0.82	0.78	0.43	0.87	0.87	0.87	0.87	0.12
Total Liab	0.98	0.99	0.95	0.95	0.92	0.76	0.98	0.33	0.38	0.7	0.96	0.98	0.9		0.96	0.99	0.59	0.93	0.96	0.66	0.4	0.97	0.97	0.8	0.87	0.14
Property Plant And Equipment Gross	0.97	0.95	0.96	0.96	0.93	0.69	0.97	0.36	0.29	0.64	0.91	0.94	0.91	0.96		0.97	0.48	0.92	0.92	0.72	0.43	0.88	0.88	0.85	0.92	0.05
Total Current Assets	1.0	0.98	0.98	0.96	0.96	0.8	0.98	0.42	0.43	0.74	0.93	0.98	0.93	0.99	0.97		0.63	0.94	0.94	0.69	0.43	0.94	0.94	0.81	0.93	0.19
Common Stock	0.6	0.62	0.59	0.55	0.63	0.75	0.56	0.45	0.94	0.88	0.5	0.61	0.52	0.59	0.48	0.63		0.55	0.52	0.3	0.33	0.58	0.58	0.46	0.57	0.24
Short Long Term Debt Total	0.95	0.91	0.95	0.87	0.86	0.69	0.96	0.56	0.33	0.67	0.9	0.92	0.94	0.93	0.92	0.94	0.55		0.84	0.82	0.54	0.88	0.88	0.89	0.89	0.02
Other Current Liab	0.94	0.95	0.9	0.95	0.91	0.74	0.92	0.16	0.33	0.66	0.94	0.95	0.82	0.96	0.92	0.94	0.52	0.84		0.49	0.21	0.95	0.95	0.67	0.8	0.3
Net Debt	0.7	0.67	0.72	0.56	0.57	0.46	0.71	0.66	0.13	0.38	0.6	0.63	0.78	0.66	0.72	0.69	0.3	0.82	0.49		0.8	0.54	0.54	0.89	0.78	-0.18
Short Term Debt	0.41	0.46	0.41	0.28	0.33	0.33	0.39	0.51	0.29	0.26	0.26	0.35	0.43	0.4	0.43	0.43	0.33	0.54	0.21	0.8		0.25	0.25	0.68	0.58	-0.26
Cash	0.95	0.93	0.91	0.92	0.88	0.73	0.94	0.29	0.35	0.71	0.97	0.96	0.87	0.97	0.88	0.94	0.58	0.88	0.95	0.54	0.25		1.0	0.69	0.77	0.22
Cash And Short Term Investments	0.95	0.93	0.91	0.92	0.88	0.73	0.94	0.29	0.35	0.71	0.97	0.96	0.87	0.97	0.88	0.94	0.58	0.88	0.95	0.54	0.25	1.0		0.69	0.77	0.22
Other Assets	0.83	0.83	0.83	0.71	0.69	0.64	0.84	0.6	0.26	0.51	0.71	0.8	0.87	0.8	0.85	0.81	0.46	0.89	0.67	0.89	0.68	0.69	0.69		0.81	-0.16
Net Receivables	0.92	0.88	0.94	0.89	0.93	0.71	0.9	0.5	0.46	0.65	0.81	0.84	0.87	0.87	0.92	0.93	0.57	0.89	0.8	0.78	0.58	0.77	0.77	0.81		0.14
Other Current Assets	0.15	0.15	0.15	0.17	0.26	0.49	0.09	-0.05	0.28	0.27	0.12	0.16	0.12	0.14	0.05	0.19	0.24	0.02	0.3	-0.18	-0.26	0.22	0.22	-0.16	0.14

Click cells to compare fundamentals

Solid State Account Relationship Matchups

Solid State fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.7M	54.0M	62.3M	113.8M	113.6M	119.3M
Total Current Liabilities	14.7M	15.7M	27.9M	38.6M	34.0M	35.7M
Total Stockholder Equity	22.5M	25.5M	27.1M	57.9M	64.6M	67.9M
Property Plant And Equipment Net	3.3M	5.5M	5.4M	6.7M	7.8M	8.2M
Retained Earnings	18.5M	21.5M	23.0M	27.8M	35.1M	36.8M
Accounts Payable	10.6M	4.2M	8.1M	12.9M	10.0M	10.5M
Non Current Assets Total	11.6M	22.0M	21.8M	48.6M	48.5M	51.0M
Non Currrent Assets Other	8.4M	11.3M	(539K)	10.7M	12.3M	12.9M
Common Stock Shares Outstanding	43.3M	43.4M	43.8M	53.0M	58.3M	39.6M
Liabilities And Stockholders Equity	38.7M	54.0M	62.3M	113.8M	113.6M	119.3M
Non Current Liabilities Total	1.5M	12.7M	7.3M	17.3M	15.0M	15.8M
Inventory	9.7M	10.6M	17.6M	33.2M	25.1M	26.3M
Other Stockholder Equity	7.8M	3.6M	3.6M	30.4M	29.0M	30.4M
Total Liab	16.1M	28.5M	35.3M	55.8M	49.0M	51.4M
Property Plant And Equipment Gross	3.3M	5.5M	11.4M	14.7M	18.5M	19.4M
Total Current Assets	27.1M	32.0M	40.6M	65.2M	65.1M	68.3M
Short Long Term Debt Total	1.5M	6.3M	5.6M	16.7M	16.7M	17.5M
Other Current Liab	6.0M	7.7M	10.4M	13.9M	11.8M	12.3M
Net Debt	(2.0M)	(621K)	660K	4.5M	8.2M	8.7M
Short Term Debt	804K	741K	2.8M	2.3M	4.5M	4.7M
Accumulated Other Comprehensive Income	(4.2M)	11K	38K	(831K)	(1.6M)	(1.5M)
Cash	3.5M	6.9M	5.0M	12.2M	8.4M	8.9M
Cash And Short Term Investments	3.5M	6.9M	5.0M	12.2M	8.4M	8.9M
Net Receivables	11.1M	11.8M	15.1M	16.5M	28.2M	29.6M
Other Current Assets	13.9M	2.6M	2.9M	3.2M	3.4M	2.2M
Property Plant Equipment	3.3M	5.5M	5.4M	6.7M	7.7M	8.1M
Current Deferred Revenue	(2.8M)	528K	12.4M	17.6M	6.5M	6.8M
Long Term Debt	0.0	3.8M	1.5M	13.4M	9.7M	10.2M
Intangible Assets	1.9M	6.7M	5.9M	11.8M	10.7M	11.2M
Other Liab	811K	7.2M	4.5M	2.9M	3.3M	2.0M
Net Tangible Assets	14.4M	8.9M	11.2M	17.0M	19.6M	12.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Solid Stock Analysis

When running Solid State's price analysis, check to measure Solid State's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solid State is operating at the current time. Most of Solid State's value examination focuses on studying past and present price action to predict the probability of Solid State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solid State's price. Additionally, you may evaluate how the addition of Solid State to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Solid Cash And Short Term Investments vs Common Stock Analysis

Cash And Short Term Investments vs Common Stock

Cash And Short Term Investments vs Common Stock Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Common Stock

Solid State fundamental ratios Correlations

Solid State Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Solid State fundamental ratios Accounts

Also Currently Popular

Additional Tools for Solid Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Other Current Assets	- 0.26	Short Term Debt
Other Current Assets	- 0.18	Net Debt
Other Current Assets	- 0.16	Other Assets
Other Current Assets	- 0.05	Non Currrent Assets Other