Sharps End Period Cash Flow vs Stock Based Compensation Analysis
STSS Stock | USD 3.97 0.12 3.12% |
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 Stock Based Compensation 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 Stock Based Compensation
End Period Cash Flow vs Stock Based Compensation 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 Stock Based Compensation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sharps Technology's End Period Cash Flow and Stock Based Compensation is 0.84. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Stock Based Compensation 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 Stock Based Compensation 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 Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of End Period Cash Flow i.e., Sharps Technology's End Period Cash Flow and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
End Period Cash Flow
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.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 Expenses | 4.5M | 8.7M | 10.1M | 5.7M | Cost Of Revenue | 28.7K | 654.6K | 891.2K | 935.8K |
Sharps Technology fundamental ratios Correlations
Click cells to compare fundamentals
Sharps Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
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.