Sharps End Period Cash Flow vs Free Cash Flow Yield Analysis

STSS Stock  USD 3.76  0.21  5.29%   
Sharps Technology financial indicator trend analysis is much more than just breaking down Sharps Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sharps Technology is a good investment. Please check the relationship between Sharps Technology End Period Cash Flow and its Free Cash Flow Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sharps Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.

End Period Cash Flow vs Free Cash Flow Yield

End Period Cash Flow vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sharps Technology End Period Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Sharps Technology's End Period Cash Flow and Free Cash Flow Yield is -0.73. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Sharps Technology, assuming nothing else is changed. The correlation between historical values of Sharps Technology's End Period Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Sharps Technology are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of End Period Cash Flow i.e., Sharps Technology's End Period Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

End Period Cash Flow

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Sharps Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sharps Technology 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 Sharps Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.Enterprise Value is likely to gain to about 408.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses4.5M8.7M10.1M5.7M
Cost Of Revenue28.7K654.6K891.2K935.8K

Sharps Technology fundamental ratios Correlations

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0.840.980.790.94-0.77-0.960.840.740.840.40.74-0.850.560.540.870.980.830.54-0.040.790.70.95-0.220.840.9
0.850.980.780.93-0.72-0.930.910.730.860.570.73-0.780.710.390.861.00.80.48-0.080.840.640.98-0.060.820.89
0.990.790.780.93-0.95-0.80.80.980.970.230.98-0.440.430.550.930.790.980.3-0.160.890.390.860.050.980.97
0.950.940.930.93-0.9-0.90.860.90.950.380.9-0.690.570.470.90.940.910.36-0.150.870.480.970.020.960.98
-0.9-0.77-0.72-0.95-0.90.8-0.64-0.97-0.87-0.07-0.970.55-0.28-0.6-0.86-0.74-0.94-0.320.11-0.79-0.34-0.780.06-0.95-0.9
-0.84-0.96-0.93-0.8-0.90.8-0.8-0.77-0.82-0.32-0.780.8-0.52-0.63-0.93-0.94-0.86-0.71-0.18-0.77-0.69-0.890.26-0.83-0.87
0.880.840.910.80.86-0.64-0.80.730.910.70.73-0.470.820.260.860.910.790.38-0.110.920.520.930.180.780.88
0.950.740.730.980.9-0.97-0.770.730.930.211.0-0.420.40.510.890.740.960.28-0.140.880.30.810.090.950.93
0.990.840.860.970.95-0.87-0.820.910.930.410.93-0.450.590.450.930.860.940.31-0.170.930.430.930.130.960.98
0.350.40.570.230.38-0.07-0.320.70.210.410.21-0.160.93-0.440.30.550.20.05-0.150.590.120.570.540.20.33
0.950.740.730.980.9-0.97-0.780.731.00.930.21-0.420.40.510.90.740.960.3-0.120.870.30.810.090.950.93
-0.48-0.85-0.78-0.44-0.690.550.8-0.47-0.42-0.45-0.16-0.42-0.27-0.51-0.55-0.79-0.51-0.50.01-0.43-0.7-0.690.48-0.54-0.58
0.530.560.710.430.57-0.28-0.520.820.40.590.930.4-0.27-0.270.510.690.380.250.050.670.140.720.540.420.53
0.530.540.390.550.47-0.6-0.630.260.510.45-0.440.51-0.51-0.270.650.410.660.60.170.320.730.34-0.770.560.53
0.960.870.860.930.9-0.86-0.930.860.890.930.30.9-0.550.510.650.860.970.610.10.870.60.87-0.130.910.94
0.860.981.00.790.94-0.74-0.940.910.740.860.550.74-0.790.690.410.860.810.48-0.080.840.640.98-0.070.830.9
0.980.830.80.980.91-0.94-0.860.790.960.940.20.96-0.510.380.660.970.810.43-0.090.890.530.84-0.110.950.95
0.360.540.480.30.36-0.32-0.710.380.280.310.050.3-0.50.250.60.610.480.430.760.260.610.35-0.470.320.36
-0.14-0.04-0.08-0.16-0.150.11-0.18-0.11-0.14-0.17-0.15-0.120.010.050.170.1-0.08-0.090.76-0.250.0-0.17-0.15-0.14-0.15
0.930.790.840.890.87-0.79-0.770.920.880.930.590.87-0.430.670.320.870.840.890.26-0.250.450.890.160.830.89
0.470.70.640.390.48-0.34-0.690.520.30.430.120.3-0.70.140.730.60.640.530.610.00.450.51-0.720.40.5
0.910.950.980.860.97-0.78-0.890.930.810.930.570.81-0.690.720.340.870.980.840.35-0.170.890.510.090.890.94
0.05-0.22-0.060.050.020.060.260.180.090.130.540.090.480.54-0.77-0.13-0.07-0.11-0.47-0.150.16-0.720.090.010.01
0.970.840.820.980.96-0.95-0.830.780.950.960.20.95-0.540.420.560.910.830.950.32-0.140.830.40.890.010.98
0.990.90.890.970.98-0.9-0.870.880.930.980.330.93-0.580.530.530.940.90.950.36-0.150.890.50.940.010.98
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Sharps Technology Account Relationship Matchups

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Additional Tools for Sharps Stock Analysis

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