Solid Common Stock Shares Outstanding vs Short Long Term Debt Total 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 Common Stock Shares Outstanding and its Short Long Term Debt Total 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.

Common Stock Shares Outstanding vs Short Long Term Debt Total

Common Stock Shares Outstanding vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid State Plc Common Stock Shares Outstanding account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Solid State's Common Stock Shares Outstanding and Short Long Term Debt Total is 0.67. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Long Term Debt Total 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 Common Stock Shares Outstanding and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Solid State Plc are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock Shares Outstanding i.e., Solid State's Common Stock Shares Outstanding and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Long Term Debt Total

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 Expense226K972K1.5M1.6M
Depreciation And Amortization2.8M4.2M4.9M5.1M

Solid State fundamental ratios Correlations

0.970.990.960.950.771.00.420.390.720.950.980.950.980.971.00.60.950.940.70.410.950.950.830.920.15
0.970.940.930.910.810.960.350.420.70.910.980.890.990.950.980.620.910.950.670.460.930.930.830.880.15
0.990.940.950.960.770.990.490.40.730.910.950.960.950.960.980.590.950.90.720.410.910.910.830.940.15
0.960.930.950.980.680.960.260.390.690.940.930.850.950.960.960.550.870.950.560.280.920.920.710.890.17
0.950.910.960.980.750.940.360.50.750.890.910.850.920.930.960.630.860.910.570.330.880.880.690.930.26
0.770.810.770.680.750.730.440.610.690.620.810.770.760.690.80.750.690.740.460.330.730.730.640.710.49
1.00.960.990.960.940.730.420.340.70.950.970.950.980.970.980.560.960.920.710.390.940.940.840.90.09
0.420.350.490.260.360.440.420.360.420.290.390.560.330.360.420.450.560.160.660.510.290.290.60.5-0.05
0.390.420.40.390.50.610.340.360.740.290.380.280.380.290.430.940.330.330.130.290.350.350.260.460.28
0.720.70.730.690.750.690.70.420.740.650.730.660.70.640.740.880.670.660.380.260.710.710.510.650.27
0.950.910.910.940.890.620.950.290.290.650.920.860.960.910.930.50.90.940.60.260.970.970.710.810.12
0.980.980.950.930.910.810.970.390.380.730.920.930.980.940.980.610.920.950.630.350.960.960.80.840.16
0.950.890.960.850.850.770.950.560.280.660.860.930.90.910.930.520.940.820.780.430.870.870.870.870.12
0.980.990.950.950.920.760.980.330.380.70.960.980.90.960.990.590.930.960.660.40.970.970.80.870.14
0.970.950.960.960.930.690.970.360.290.640.910.940.910.960.970.480.920.920.720.430.880.880.850.920.05
1.00.980.980.960.960.80.980.420.430.740.930.980.930.990.970.630.940.940.690.430.940.940.810.930.19
0.60.620.590.550.630.750.560.450.940.880.50.610.520.590.480.630.550.520.30.330.580.580.460.570.24
0.950.910.950.870.860.690.960.560.330.670.90.920.940.930.920.940.550.840.820.540.880.880.890.890.02
0.940.950.90.950.910.740.920.160.330.660.940.950.820.960.920.940.520.840.490.210.950.950.670.80.3
0.70.670.720.560.570.460.710.660.130.380.60.630.780.660.720.690.30.820.490.80.540.540.890.78-0.18
0.410.460.410.280.330.330.390.510.290.260.260.350.430.40.430.430.330.540.210.80.250.250.680.58-0.26
0.950.930.910.920.880.730.940.290.350.710.970.960.870.970.880.940.580.880.950.540.251.00.690.770.22
0.950.930.910.920.880.730.940.290.350.710.970.960.870.970.880.940.580.880.950.540.251.00.690.770.22
0.830.830.830.710.690.640.840.60.260.510.710.80.870.80.850.810.460.890.670.890.680.690.690.81-0.16
0.920.880.940.890.930.710.90.50.460.650.810.840.870.870.920.930.570.890.80.780.580.770.770.810.14
0.150.150.150.170.260.490.09-0.050.280.270.120.160.120.140.050.190.240.020.3-0.18-0.260.220.22-0.160.14
Click cells to compare fundamentals

Solid State Account Relationship Matchups

Solid State fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.7M54.0M62.3M113.8M113.6M119.3M
Total Current Liabilities14.7M15.7M27.9M38.6M34.0M35.7M
Total Stockholder Equity22.5M25.5M27.1M57.9M64.6M67.9M
Property Plant And Equipment Net3.3M5.5M5.4M6.7M7.8M8.2M
Retained Earnings18.5M21.5M23.0M27.8M35.1M36.8M
Accounts Payable10.6M4.2M8.1M12.9M10.0M10.5M
Non Current Assets Total11.6M22.0M21.8M48.6M48.5M51.0M
Non Currrent Assets Other8.4M11.3M(539K)10.7M12.3M12.9M
Common Stock Shares Outstanding43.3M43.4M43.8M53.0M58.3M39.6M
Liabilities And Stockholders Equity38.7M54.0M62.3M113.8M113.6M119.3M
Non Current Liabilities Total1.5M12.7M7.3M17.3M15.0M15.8M
Inventory9.7M10.6M17.6M33.2M25.1M26.3M
Other Stockholder Equity7.8M3.6M3.6M30.4M29.0M30.4M
Total Liab16.1M28.5M35.3M55.8M49.0M51.4M
Property Plant And Equipment Gross3.3M5.5M11.4M14.7M18.5M19.4M
Total Current Assets27.1M32.0M40.6M65.2M65.1M68.3M
Short Long Term Debt Total1.5M6.3M5.6M16.7M16.7M17.5M
Other Current Liab6.0M7.7M10.4M13.9M11.8M12.3M
Net Debt(2.0M)(621K)660K4.5M8.2M8.7M
Short Term Debt804K741K2.8M2.3M4.5M4.7M
Accumulated Other Comprehensive Income(4.2M)11K38K(831K)(1.6M)(1.5M)
Cash3.5M6.9M5.0M12.2M8.4M8.9M
Cash And Short Term Investments3.5M6.9M5.0M12.2M8.4M8.9M
Net Receivables11.1M11.8M15.1M16.5M28.2M29.6M
Other Current Assets13.9M2.6M2.9M3.2M3.4M2.2M
Property Plant Equipment3.3M5.5M5.4M6.7M7.7M8.1M
Current Deferred Revenue(2.8M)528K12.4M17.6M6.5M6.8M
Long Term Debt0.03.8M1.5M13.4M9.7M10.2M
Intangible Assets1.9M6.7M5.9M11.8M10.7M11.2M
Other Liab811K7.2M4.5M2.9M3.3M2.0M
Net Tangible Assets14.4M8.9M11.2M17.0M19.6M12.0M

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.

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.