Solid Change To Netincome vs Change In Cash Analysis

SOLI Stock

130.00 2.50 1.96%

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 Change To Netincome and its Change In Cash 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.

Change To Netincome vs Change In Cash

Change To Netincome vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid State Plc Change To Netincome account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Solid State's Change To Netincome and Change In Cash is -0.33. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change In Cash 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 Change To Netincome and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Solid State Plc are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Change To Netincome i.e., Solid State's Change To Netincome and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Netincome

Change In Cash

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 4 M in 2025, despite the fact that Discontinued Operations is likely to grow to (374.5 K).

	2022	2023	2024	2025 (projected)
Interest Expense	972K	1.5M	1.7M	1.8M
Depreciation And Amortization	4.2M	4.9M	5.6M	5.9M

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 Current Assets	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
Total Assets		0.98	0.99	0.98	0.97	0.82	1.0	0.48	0.38	0.75	0.96	0.98	0.12	0.96	0.99	0.98	1.0	0.65	0.97	0.95	0.8	0.57	0.95	0.95	0.87	0.94
Total Current Liabilities	0.98		0.95	0.95	0.93	0.85	0.97	0.42	0.4	0.72	0.93	0.98	0.13	0.92	0.99	0.97	0.99	0.66	0.94	0.96	0.77	0.59	0.94	0.94	0.87	0.91
Total Stockholder Equity	0.99	0.95		0.97	0.97	0.82	0.99	0.53	0.38	0.76	0.93	0.96	0.12	0.97	0.96	0.98	0.99	0.65	0.96	0.91	0.81	0.57	0.92	0.92	0.86	0.96
Property Plant And Equipment Net	0.98	0.95	0.97		0.98	0.75	0.97	0.34	0.38	0.73	0.96	0.94	0.14	0.9	0.97	0.97	0.97	0.62	0.91	0.96	0.69	0.46	0.94	0.94	0.78	0.92
Retained Earnings	0.97	0.93	0.97	0.98		0.8	0.96	0.43	0.47	0.76	0.92	0.93	0.22	0.9	0.94	0.95	0.97	0.67	0.91	0.93	0.71	0.5	0.9	0.9	0.76	0.95
Accounts Payable	0.82	0.85	0.82	0.75	0.8		0.79	0.5	0.59	0.67	0.7	0.85	0.43	0.82	0.81	0.76	0.84	0.74	0.76	0.79	0.59	0.46	0.78	0.78	0.73	0.77
Non Current Assets Total	1.0	0.97	0.99	0.97	0.96	0.79		0.48	0.34	0.74	0.96	0.98	0.08	0.97	0.98	0.98	0.99	0.63	0.97	0.94	0.8	0.55	0.95	0.95	0.87	0.93
Non Currrent Assets Other	0.48	0.42	0.53	0.34	0.43	0.5	0.48		0.37	0.46	0.36	0.45	-0.06	0.59	0.41	0.43	0.48	0.5	0.59	0.25	0.67	0.56	0.36	0.36	0.62	0.54
Common Stock Total Equity	0.38	0.4	0.38	0.38	0.47	0.59	0.34	0.37		0.65	0.3	0.38	0.26	0.28	0.37	0.29	0.41	0.9	0.32	0.33	0.16	0.3	0.36	0.36	0.28	0.42
Common Stock Shares Outstanding	0.75	0.72	0.76	0.73	0.76	0.67	0.74	0.46	0.65		0.69	0.74	0.22	0.72	0.72	0.71	0.75	0.89	0.72	0.69	0.55	0.42	0.71	0.71	0.61	0.71
Non Current Liabilities Total	0.96	0.93	0.93	0.96	0.92	0.7	0.96	0.36	0.3	0.69		0.94	0.1	0.89	0.97	0.93	0.95	0.58	0.93	0.95	0.71	0.43	0.98	0.98	0.77	0.85
Inventory	0.98	0.98	0.96	0.94	0.93	0.85	0.98	0.45	0.38	0.74	0.94		0.14	0.94	0.98	0.95	0.98	0.66	0.94	0.96	0.73	0.5	0.96	0.96	0.85	0.87
Other Current Assets	0.12	0.13	0.12	0.14	0.22	0.43	0.08	-0.06	0.26	0.22	0.1	0.14		0.11	0.12	0.04	0.16	0.21	0.01	0.27	-0.14	-0.24	0.2	0.2	-0.15	0.11
Other Stockholder Equity	0.96	0.92	0.97	0.9	0.9	0.82	0.97	0.59	0.28	0.72	0.89	0.94	0.11		0.93	0.94	0.95	0.6	0.96	0.86	0.85	0.58	0.9	0.9	0.9	0.91
Total Liab	0.99	0.99	0.96	0.97	0.94	0.81	0.98	0.41	0.37	0.72	0.97	0.98	0.12	0.93		0.97	0.99	0.64	0.95	0.97	0.76	0.55	0.97	0.97	0.85	0.9
Property Plant And Equipment Gross	0.98	0.97	0.98	0.97	0.95	0.76	0.98	0.43	0.29	0.71	0.93	0.95	0.04	0.94	0.97		0.98	0.58	0.94	0.93	0.81	0.59	0.9	0.9	0.88	0.95
Total Current Assets	1.0	0.99	0.99	0.97	0.97	0.84	0.99	0.48	0.41	0.75	0.95	0.98	0.16	0.95	0.99	0.98		0.67	0.96	0.95	0.79	0.58	0.95	0.95	0.86	0.95
Common Stock	0.65	0.66	0.65	0.62	0.67	0.74	0.63	0.5	0.9	0.89	0.58	0.66	0.21	0.6	0.64	0.58	0.67		0.62	0.58	0.45	0.43	0.62	0.62	0.57	0.63
Short Long Term Debt Total	0.97	0.94	0.96	0.91	0.91	0.76	0.97	0.59	0.32	0.72	0.93	0.94	0.01	0.96	0.95	0.94	0.96	0.62		0.87	0.88	0.66	0.9	0.9	0.92	0.92
Other Current Liab	0.95	0.96	0.91	0.96	0.93	0.79	0.94	0.25	0.33	0.69	0.95	0.96	0.27	0.86	0.97	0.93	0.95	0.58	0.87		0.62	0.38	0.96	0.96	0.74	0.84
Net Debt	0.8	0.77	0.81	0.69	0.71	0.59	0.8	0.67	0.16	0.55	0.71	0.73	-0.14	0.85	0.76	0.81	0.79	0.45	0.88	0.62		0.85	0.65	0.65	0.9	0.86
Short Term Debt	0.57	0.59	0.57	0.46	0.5	0.46	0.55	0.56	0.3	0.42	0.43	0.5	-0.24	0.58	0.55	0.59	0.58	0.43	0.66	0.38	0.85		0.4	0.4	0.75	0.7
Cash	0.95	0.94	0.92	0.94	0.9	0.78	0.95	0.36	0.36	0.71	0.98	0.96	0.2	0.9	0.97	0.9	0.95	0.62	0.9	0.96	0.65	0.4		1.0	0.75	0.81
Cash And Short Term Investments	0.95	0.94	0.92	0.94	0.9	0.78	0.95	0.36	0.36	0.71	0.98	0.96	0.2	0.9	0.97	0.9	0.95	0.62	0.9	0.96	0.65	0.4	1.0		0.75	0.81
Other Assets	0.87	0.87	0.86	0.78	0.76	0.73	0.87	0.62	0.28	0.61	0.77	0.85	-0.15	0.9	0.85	0.88	0.86	0.57	0.92	0.74	0.9	0.75	0.75	0.75		0.84
Net Receivables	0.94	0.91	0.96	0.92	0.95	0.77	0.93	0.54	0.42	0.71	0.85	0.87	0.11	0.91	0.9	0.95	0.95	0.63	0.92	0.84	0.86	0.7	0.81	0.81	0.84

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Solid State Account Relationship Matchups

Solid State fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	54.0M	62.3M	113.8M	113.6M	130.6M	137.2M
Total Current Liabilities	15.7M	27.9M	38.6M	34.0M	39.1M	41.0M
Total Stockholder Equity	25.5M	27.1M	57.9M	64.6M	74.3M	78.0M
Property Plant And Equipment Net	5.5M	5.4M	6.7M	7.8M	9.0M	9.4M
Retained Earnings	21.5M	23.0M	27.8M	35.1M	40.3M	42.4M
Accounts Payable	4.2M	8.1M	12.9M	10.0M	11.5M	12.1M
Non Current Assets Total	22.0M	21.8M	48.6M	48.5M	55.8M	58.6M
Common Stock Shares Outstanding	43.4M	43.8M	53.0M	58.3M	67.1M	39.6M
Liabilities And Stockholders Equity	54.0M	62.3M	113.8M	113.6M	130.6M	137.2M
Non Current Liabilities Total	12.7M	7.3M	17.3M	15.0M	17.3M	18.1M
Inventory	10.6M	17.6M	33.2M	25.1M	28.8M	30.3M
Other Current Assets	2.6M	2.9M	3.2M	3.4M	3.9M	2.0M
Other Stockholder Equity	3.6M	3.6M	30.4M	29.0M	33.3M	35.0M
Total Liab	28.5M	35.3M	55.8M	49.0M	56.3M	59.1M
Property Plant And Equipment Gross	5.5M	11.4M	14.7M	18.5M	21.2M	22.3M
Total Current Assets	32.0M	40.6M	65.2M	65.1M	74.8M	78.6M
Short Long Term Debt Total	6.3M	5.6M	16.7M	16.7M	19.2M	20.2M
Other Current Liab	7.7M	10.4M	13.9M	11.8M	13.5M	14.2M
Net Debt	(621K)	660K	4.5M	8.2M	9.5M	10.0M
Short Term Debt	741K	2.8M	2.3M	4.5M	5.2M	5.4M
Accumulated Other Comprehensive Income	11K	38K	(831K)	(1.6M)	(1.4M)	(1.4M)
Cash	6.9M	5.0M	12.2M	8.4M	9.7M	10.2M
Cash And Short Term Investments	6.9M	5.0M	12.2M	8.4M	9.7M	10.2M
Net Receivables	11.8M	15.1M	16.5M	28.2M	32.4M	34.0M
Property Plant Equipment	3.3M	5.5M	5.4M	6.7M	7.7M	8.1M
Current Deferred Revenue	528K	12.4M	17.6M	6.5M	7.4M	7.8M
Long Term Debt	3.8M	1.5M	13.4M	9.7M	11.2M	11.7M
Intangible Assets	6.7M	5.9M	11.8M	10.7M	12.3M	12.9M
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
Capital Lease Obligations	2.5M	2.1M	2.0M	3.6M	4.1M	4.3M

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Solid Change To Netincome vs Change In Cash Analysis

Change To Netincome vs Change In Cash

Change To Netincome vs Change In Cash Correlation Analysis

Correlation Coefficient

Change To Netincome

Change In Cash

Solid State fundamental ratios Correlations

Solid State Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Solid State fundamental ratios Accounts

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COMMON DESTINATIONS

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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 Assets
Total Liab	+ 0.99	Total Current Liabilities

Short Term Debt	- 0.24	Other Current Assets
Other Assets	- 0.15	Other Current Assets
Net Debt	- 0.14	Other Current Assets
Other Current Assets	- 0.06	Non Currrent Assets Other