SOS Total Current Assets vs Cash And Short Term Investments Analysis

SOS Stock  USD 6.98  0.12  1.69%   
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 Total Current Assets and its Cash And Short Term Investments 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.

Total Current Assets vs Cash And Short Term Investments

JavaScript chart by amCharts 3.21.1520142016201820202022202425M50M100M150M200M250M300M350M400M450M500M550M600M 10M20M40M60M80M100M120M140M160M180M200M220M240M260M280M300M320M
JavaScript chart by amCharts 3.21.15Total Current Assetstotal: 2.5BCash And Short Term Investmentstotal: 1.4B

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SOS Limited Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
Total Current AssetsCash And Short Term InvestmentsDiversified AwayTotal Current AssetsCash And Short Term InvestmentsDiversified Away100%
The correlation between SOS's Total Current Assets and Cash And Short Term Investments is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of SOS Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., SOS's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of SOS Limited balance sheet. This account contains SOS investments that will expire within one year. These investments include stocks and bonds that can be liquidated by SOS Limited 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.
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
Click cells to compare fundamentals

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.