Saferoads Other Current Liab vs Cash Analysis

SRH Stock

0.04 0.00 0.00%

Saferoads Holdings financial indicator trend analysis is much more than just breaking down Saferoads Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saferoads Holdings is a good investment. Please check the relationship between Saferoads Holdings Other Current Liab and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saferoads Holdings. 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.

Other Current Liab vs Cash

Other Current Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saferoads Holdings Other Current Liab account and Cash. At this time, the significance of the direction appears to have weak relationship.

The correlation between Saferoads Holdings' Other Current Liab and Cash is 0.34. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Saferoads Holdings, assuming nothing else is changed. The correlation between historical values of Saferoads Holdings' Other Current Liab and 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 Other Current Liab of Saferoads Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Saferoads Holdings' Other Current Liab and Cash go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Other Current Liab

Cash

Cash refers to the most liquid asset of Saferoads Holdings, which is listed under current asset account on Saferoads Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Saferoads Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Saferoads Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Saferoads Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saferoads Holdings 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 Saferoads Holdings. 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.

Selling General Administrative is likely to gain to about 3.9 M in 2024

	2021	2022	2023	2024 (projected)
Research Development	177.5K	162.9K	187.4K	144.4K
Gross Profit	6.9M	7.5M	1.1M	1.0M

Research Development Gross Profit

Saferoads Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Property Plant And Equipment Gross
Total Assets		0.33	0.57	0.82	0.14	0.43	-0.02	0.29	0.09	0.24	0.8	0.32	0.89	0.36	0.48	0.38	0.91	0.46	0.25	0.85	0.13	-0.49	-0.71	0.15	0.25	0.23
Other Current Liab	0.33		0.71	-0.07	0.27	0.14	0.6	-0.15	-0.18	0.79	0.71	0.39	0.56	-0.33	-0.14	-0.37	0.32	-0.41	-0.54	0.21	0.34	-0.41	-0.14	-0.46	-0.33	-0.43
Total Current Liabilities	0.57	0.71		0.16	0.04	0.21	0.48	-0.27	-0.44	0.7	0.69	0.31	0.76	-0.2	-0.05	0.11	0.58	0.08	-0.15	0.64	-0.14	-0.16	-0.15	-0.22	-0.54	0.05
Total Stockholder Equity	0.82	-0.07	0.16		0.33	0.36	-0.26	0.5	0.07	-0.15	0.47	0.01	0.48	0.66	0.71	0.47	0.58	0.56	0.35	0.56	-0.02	-0.46	-0.74	0.51	0.34	0.33
Other Liab	0.14	0.27	0.04	0.33		0.03	0.23	0.56	-0.13	0.02	0.25	0.02	-0.04	0.3	0.34	-0.21	-0.13	-0.22	-0.45	-0.26	0.35	-0.52	-0.38	0.19	-0.11	-0.28
Retained Earnings	0.43	0.14	0.21	0.36	0.03		0.01	-0.01	-0.2	0.44	0.6	0.24	0.39	-0.16	-0.11	-0.33	0.37	0.01	0.16	0.22	0.27	0.16	0.08	-0.26	0.28	-0.42
Accounts Payable	-0.02	0.6	0.48	-0.26	0.23	0.01		-0.26	-0.43	0.65	0.3	-0.12	0.18	-0.32	-0.48	-0.35	-0.15	-0.5	-0.39	-0.16	0.14	0.06	0.32	-0.44	-0.54	-0.4
Other Assets	0.29	-0.15	-0.27	0.5	0.56	-0.01	-0.26		0.16	-0.47	0.12	0.0	0.05	0.79	0.67	0.18	0.16	0.27	0.19	0.05	0.23	-0.45	-0.59	0.58	0.49	0.04
Long Term Debt	0.09	-0.18	-0.44	0.07	-0.13	-0.2	-0.43	0.16		-0.34	-0.05	0.29	0.08	0.02	0.21	0.07	0.24	0.02	-0.05	0.08	0.53	-0.43	-0.43	-0.1	0.74	0.1
Net Receivables	0.24	0.79	0.7	-0.15	0.02	0.44	0.65	-0.47	-0.34		0.69	0.39	0.49	-0.64	-0.41	-0.56	0.25	-0.51	-0.52	0.18	0.19	-0.1	0.18	-0.68	-0.39	-0.59
Inventory	0.8	0.71	0.69	0.47	0.25	0.6	0.3	0.12	-0.05	0.69		0.5	0.86	-0.08	0.17	-0.19	0.76	-0.05	-0.19	0.59	0.41	-0.5	-0.45	-0.28	0.11	-0.34
Other Current Assets	0.32	0.39	0.31	0.01	0.02	0.24	-0.12	0.0	0.29	0.39	0.5		0.49	-0.27	-0.12	-0.36	0.52	-0.35	-0.24	0.41	0.34	-0.43	-0.25	-0.52	0.18	-0.32
Total Liab	0.89	0.56	0.76	0.48	-0.04	0.39	0.18	0.05	0.08	0.49	0.86	0.49		0.04	0.18	0.22	0.94	0.26	0.11	0.87	0.22	-0.39	-0.5	-0.17	0.12	0.09
Intangible Assets	0.36	-0.33	-0.2	0.66	0.3	-0.16	-0.32	0.79	0.02	-0.64	-0.08	-0.27	0.04		0.7	0.63	0.17	0.61	0.55	0.25	-0.26	-0.23	-0.54	0.82	0.29	0.52
Common Stock	0.48	-0.14	-0.05	0.71	0.34	-0.11	-0.48	0.67	0.21	-0.41	0.17	-0.12	0.18	0.7		0.51	0.36	0.61	0.1	0.33	-0.06	-0.61	-0.85	0.8	0.33	0.4
Property Plant Equipment	0.38	-0.37	0.11	0.47	-0.21	-0.33	-0.35	0.18	0.07	-0.56	-0.19	-0.36	0.22	0.63	0.51		0.35	0.89	0.65	0.54	-0.5	0.02	-0.4	0.68	0.02	0.97
Short Long Term Debt Total	0.91	0.32	0.58	0.58	-0.13	0.37	-0.15	0.16	0.24	0.25	0.76	0.52	0.94	0.17	0.36	0.35		0.44	0.26	0.94	0.17	-0.43	-0.63	-0.01	0.32	0.24
Property Plant And Equipment Net	0.46	-0.41	0.08	0.56	-0.22	0.01	-0.5	0.27	0.02	-0.51	-0.05	-0.35	0.26	0.61	0.61	0.89	0.44		0.7	0.56	-0.42	0.09	-0.4	0.75	0.2	0.82
Current Deferred Revenue	0.25	-0.54	-0.15	0.35	-0.45	0.16	-0.39	0.19	-0.05	-0.52	-0.19	-0.24	0.11	0.55	0.1	0.65	0.26	0.7		0.4	-0.37	0.45	0.03	0.41	0.32	0.59
Net Debt	0.85	0.21	0.64	0.56	-0.26	0.22	-0.16	0.05	0.08	0.18	0.59	0.41	0.87	0.25	0.33	0.54	0.94	0.56	0.4		-0.18	-0.28	-0.54	0.1	0.11	0.47
Cash	0.13	0.34	-0.14	-0.02	0.35	0.27	0.14	0.23	0.53	0.19	0.41	0.34	0.22	-0.26	-0.06	-0.5	0.17	-0.42	-0.37	-0.18		-0.41	-0.21	-0.43	0.53	-0.58
Non Current Assets Total	-0.49	-0.41	-0.16	-0.46	-0.52	0.16	0.06	-0.45	-0.43	-0.1	-0.5	-0.43	-0.39	-0.23	-0.61	0.02	-0.43	0.09	0.45	-0.28	-0.41		0.87	-0.11	-0.24	0.09
Common Stock Total Equity	-0.71	-0.14	-0.15	-0.74	-0.38	0.08	0.32	-0.59	-0.43	0.18	-0.45	-0.25	-0.5	-0.54	-0.85	-0.4	-0.63	-0.4	0.03	-0.54	-0.21	0.87		-0.45	-0.39	-0.29
Common Stock Shares Outstanding	0.15	-0.46	-0.22	0.51	0.19	-0.26	-0.44	0.58	-0.1	-0.68	-0.28	-0.52	-0.17	0.82	0.8	0.68	-0.01	0.75	0.41	0.1	-0.43	-0.11	-0.45		0.11	0.61
Non Current Liabilities Total	0.25	-0.33	-0.54	0.34	-0.11	0.28	-0.54	0.49	0.74	-0.39	0.11	0.18	0.12	0.29	0.33	0.02	0.32	0.2	0.32	0.11	0.53	-0.24	-0.39	0.11		-0.06
Property Plant And Equipment Gross	0.23	-0.43	0.05	0.33	-0.28	-0.42	-0.4	0.04	0.1	-0.59	-0.34	-0.32	0.09	0.52	0.4	0.97	0.24	0.82	0.59	0.47	-0.58	0.09	-0.29	0.61	-0.06

Click cells to compare fundamentals

Saferoads Holdings Account Relationship Matchups

Saferoads Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.7M	16.0M	15.4M	15.0M	11.8M	14.5M
Other Current Liab	550.3K	14.0K	141.8K	268.3K	754.7K	527.6K
Total Current Liabilities	3.3M	3.6M	3.5M	3.5M	6.1M	4.8M
Total Stockholder Equity	7.9M	8.3M	8.3M	8.5M	4.7M	7.5M
Other Liab	47.0K	42.5K	13.3K	21.8K	19.6K	36.4K
Retained Earnings	2.5M	2.7M	2.7M	2.9M	(1.3M)	(1.2M)
Accounts Payable	1.6M	1.7M	1.1M	803.3K	1.5M	2.4M
Other Assets	2.2M	2.5M	1.3M	1.3M	1.5M	1.3M
Long Term Debt	1.5M	2.5M	2.5M	2.0M	2.4M	2.6M
Net Receivables	1.7M	1.5M	1.8M	1.5M	1.6M	1.6M
Inventory	3.1M	2.7M	2.5M	2.1M	1.7M	1.6M
Other Current Assets	256.0K	227.1K	170.8K	283.9K	171.8K	163.2K
Total Liab	6.9M	7.7M	7.0M	6.6M	7.0M	7.0M
Intangible Assets	1.3M	1.4M	1.2M	1.1M	1.0M	1.4M
Property Plant Equipment	6.0M	8.1M	8.3M	8.5M	9.7M	10.2M
Short Long Term Debt Total	4.5M	5.3M	5.1M	4.7M	4.5M	3.9M
Property Plant And Equipment Net	6.0M	8.1M	8.3M	8.5M	8.1M	5.2M
Current Deferred Revenue	613.5K	655.9K	638.0K	723.1K	297.5K	529.9K
Net Debt	3.2M	4.6M	5.1M	4.5M	4.5M	4.5M
Cash	1.3M	745.8K	4.2K	220.1K	198.1K	188.2K
Non Current Assets Total	8.4M	10.8M	10.9M	10.9M	8.3M	6.6M
Liabilities And Stockholders Equity	14.7M	16.0M	15.4M	15.0M	11.8M	15.0M
Non Current Liabilities Total	3.6M	4.1M	3.6M	3.0M	946.3K	899.0K
Property Plant And Equipment Gross	6.0M	12.2M	13.6M	14.9M	17.1M	18.0M
Total Current Assets	6.3M	5.1M	4.5M	4.1M	3.5M	3.3M
Short Term Debt	882.1K	1.3M	1.5M	1.7M	3.5M	3.7M
Cash And Short Term Investments	1.3M	745.8K	4.2K	220.1K	198.1K	188.2K
Non Currrent Assets Other	17.9K	186.8K	182.1K	159.5K	135.3K	201.7K
Net Tangible Assets	7.6M	8.0M	7.1M	7.9M	9.1M	7.7M
Other Stockholder Equity	(7.3M)	(7.9M)	(8.3M)	(8.3M)	(7.5M)	(7.1M)
Deferred Long Term Liab	983.1K	1.1M	958.0K	902.9K	1.0M	1.0M
Short Long Term Debt	155.3K	834.4K	1.0M	1.1M	1.0M	908.9K
Long Term Debt Total	3.6M	4.0M	3.5M	3.0M	3.5M	3.1M
Capital Lease Obligations	2.8M	2.0M	1.6M	1.6M	1.8M	1.8M
Net Invested Capital	9.5M	11.6M	11.8M	11.6M	13.4M	11.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Saferoads Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC