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 Ebitda and its Total Revenue 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.
Ebitda vs Total Revenue
Ebitda vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Solid State Plc Ebitda account and
Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Solid State's Ebitda and Total Revenue is 0.99. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Revenue 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 Ebitda and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Solid State Plc are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebitda i.e., Solid State's Ebitda and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Total Revenue
Total revenue comprises all receipts Solid State Plc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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).
Solid State fundamental ratios Correlations
Click cells to compare fundamentals
Solid State Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Solid State fundamental ratios Accounts
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Additional Tools for Solid Stock Analysis
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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
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