SOS Net Income vs Other Non Cash Items Analysis

SOS Stock  USD 6.95  0.15  2.11%   
SOS financial indicator trend analysis is much more than just breaking down SOS Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SOS Limited is a good investment. Please check the relationship between SOS Net Income and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SOS Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Income vs Other Non Cash Items

JavaScript chart by amCharts 3.21.15201420162018202020222024-220M-200M-180M-160M-140M-120M-100M-80M-60M-40M-20M0 020M40M60M80M100M120M140M160M180M200M220M
JavaScript chart by amCharts 3.21.15Net Incometotal: -514.6MOther Non Cash Itemstotal: 243.5M

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SOS Limited Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
Net IncomeOther Non Cash ItemsDiversified AwayNet IncomeOther Non Cash ItemsDiversified Away100%
The correlation between SOS's Net Income and Other Non Cash Items is -0.9. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of SOS Limited, assuming nothing else is changed. The correlation between historical values of SOS's Net Income and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of SOS Limited are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., SOS's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in SOS Limited financial statement analysis. It represents the amount of money remaining after all of SOS Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

Most indicators from SOS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SOS Limited 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 SOS Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, SOS's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 4.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 17 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses62.4M204.0M19.0M18.0M
Cost Of Revenue336.8M270.6M78.2M90.9M

SOS fundamental ratios Correlations

-0.130.360.950.87-0.94-0.330.230.930.71-0.15-0.480.930.590.760.47-0.170.860.180.740.95-0.130.710.06-0.51-0.28
-0.130.46-0.22-0.160.18-0.320.52-0.18-0.290.2-0.26-0.18-0.2-0.16-0.150.06-0.040.46-0.22-0.140.99-0.220.28-0.240.49
0.360.460.270.38-0.4-0.840.790.40.270.320.050.40.130.150.060.150.550.910.30.390.460.270.69-0.660.3
0.95-0.220.270.95-0.98-0.330.160.980.67-0.3-0.560.980.750.860.46-0.260.910.040.870.99-0.210.85-0.05-0.49-0.3
0.87-0.160.380.95-0.94-0.40.320.950.72-0.24-0.520.950.80.830.25-0.20.90.150.90.95-0.150.9-0.05-0.5-0.18
-0.940.18-0.4-0.98-0.940.47-0.23-1.0-0.710.260.54-1.0-0.75-0.83-0.50.19-0.96-0.19-0.9-0.990.16-0.87-0.10.530.31
-0.33-0.32-0.84-0.33-0.40.47-0.62-0.48-0.10.160.15-0.48-0.45-0.34-0.430.06-0.69-0.66-0.54-0.42-0.35-0.51-0.560.65-0.2
0.230.520.790.160.32-0.23-0.620.230.130.070.120.230.110.03-0.13-0.020.380.720.230.250.480.220.35-0.330.31
0.93-0.180.40.980.95-1.0-0.480.230.69-0.27-0.551.00.770.830.49-0.190.960.180.910.99-0.160.890.09-0.53-0.3
0.71-0.290.270.670.72-0.71-0.10.130.690.24-0.320.690.320.390.050.180.540.250.560.68-0.290.540.09-0.21-0.5
-0.150.20.32-0.3-0.240.260.160.07-0.270.240.37-0.27-0.65-0.45-0.510.54-0.330.49-0.52-0.240.16-0.540.38-0.140.16
-0.48-0.260.05-0.56-0.520.540.150.12-0.55-0.320.37-0.55-0.61-0.65-0.40.13-0.50.19-0.59-0.53-0.28-0.60.270.240.18
0.93-0.180.40.980.95-1.0-0.480.231.00.69-0.27-0.550.770.830.49-0.190.960.180.910.99-0.160.890.09-0.53-0.31
0.59-0.20.130.750.8-0.75-0.450.110.770.32-0.65-0.610.770.920.44-0.290.79-0.130.930.74-0.190.95-0.31-0.430.0
0.76-0.160.150.860.83-0.83-0.340.030.830.39-0.45-0.650.830.920.47-0.260.82-0.120.850.85-0.170.87-0.31-0.590.05
0.47-0.150.060.460.25-0.5-0.43-0.130.490.05-0.51-0.40.490.440.47-0.150.54-0.060.50.46-0.130.450.04-0.27-0.38
-0.170.060.15-0.26-0.20.190.06-0.02-0.190.180.540.13-0.19-0.29-0.26-0.15-0.270.49-0.23-0.20.01-0.240.110.210.01
0.86-0.040.550.910.9-0.96-0.690.380.960.54-0.33-0.50.960.790.820.54-0.270.290.910.94-0.020.890.19-0.66-0.15
0.180.460.910.040.15-0.19-0.660.720.180.250.490.190.18-0.13-0.12-0.060.490.290.060.170.450.020.71-0.380.23
0.74-0.220.30.870.9-0.9-0.540.230.910.56-0.52-0.590.910.930.850.5-0.230.910.060.87-0.21.0-0.09-0.44-0.24
0.95-0.140.390.990.95-0.99-0.420.250.990.68-0.24-0.530.990.740.850.46-0.20.940.170.87-0.140.850.04-0.55-0.25
-0.130.990.46-0.21-0.150.16-0.350.48-0.16-0.290.16-0.28-0.16-0.19-0.17-0.130.01-0.020.45-0.2-0.14-0.20.36-0.210.43
0.71-0.220.270.850.9-0.87-0.510.220.890.54-0.54-0.60.890.950.870.45-0.240.890.021.00.85-0.2-0.14-0.42-0.2
0.060.280.69-0.05-0.05-0.1-0.560.350.090.090.380.270.09-0.31-0.310.040.110.190.71-0.090.040.36-0.14-0.25-0.05
-0.51-0.24-0.66-0.49-0.50.530.65-0.33-0.53-0.21-0.140.24-0.53-0.43-0.59-0.270.21-0.66-0.38-0.44-0.55-0.21-0.42-0.25-0.43
-0.280.490.3-0.3-0.180.31-0.20.31-0.3-0.50.160.18-0.310.00.05-0.380.01-0.150.23-0.24-0.250.43-0.2-0.05-0.43
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SOS Account Relationship Matchups

SOS fundamental ratios Accounts

201920202021202220232024 (projected)
Short Long Term Debt Total43.5M3.6M2.8M921K377K358.2K
Other Stockholder Equity283.9M53.6M672.4M705.5M730.3M766.9M
Property Plant And Equipment Gross3.4M4.7M37.1M48.7M73.0M76.7M
Short Term Debt43.5M834K894K544K377K358.2K
Property Plant Equipment3.4M4.7M31.7M13.5M15.5M10.2M
Cash And Equivalents15.4M3.7M338.0M259.5M298.4M313.3M
Capital Surpluse296.4M53.6M672.4M705.5M811.3M420.4M
Net Invested Capital5.5M60.2M633.4M409.6M426.0M251.1M
Net Working Capital3.1M58.9M603.7M395.6M393.9M236.4M
Capital Stock11K60K300K374K665K698.3K

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Additional Tools for SOS Stock Analysis

When running SOS's price analysis, check to measure SOS'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 SOS is operating at the current time. Most of SOS's value examination focuses on studying past and present price action to predict the probability of SOS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOS's price. Additionally, you may evaluate how the addition of SOS to your portfolios can decrease your overall portfolio volatility.