Sharps Stock Based Compensation vs Change In Working Capital Analysis

STSSW Stock  USD 0.03  0.0001  0.31%   
Sharps Technology financial indicator trend analysis is much more than just breaking down Sharps Technology Warrant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sharps Technology Warrant is a good investment. Please check the relationship between Sharps Technology Stock Based Compensation and its Change In Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sharps Technology Warrant. 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.

Stock Based Compensation vs Change In Working Capital

Stock Based Compensation vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sharps Technology Warrant Stock Based Compensation account and Change In Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sharps Technology's Stock Based Compensation and Change In Working Capital is -0.59. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Sharps Technology Warrant, assuming nothing else is changed. The correlation between historical values of Sharps Technology's Stock Based Compensation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Sharps Technology Warrant are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Stock Based Compensation i.e., Sharps Technology's Stock Based Compensation and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
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 Warrant 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 Warrant. 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.At this time, Sharps Technology's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 408.5 M in 2024, despite the fact that Tax Provision is likely to grow to (28.5 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses4.5M8.7M10.1M10.6M
Cost Of Revenue28.7K654.6K891.2K725.2K

Sharps Technology fundamental ratios Correlations

0.850.860.990.95-0.91-0.890.880.950.950.950.130.570.910.870.970.21-0.120.170.1-0.11-0.950.480.95-0.910.41
0.850.980.820.94-0.76-0.990.840.70.940.74-0.030.70.980.980.850.32-0.130.140.1-0.14-0.830.710.92-0.920.25
0.860.980.810.94-0.72-0.960.920.710.940.740.070.540.951.00.830.31-0.110.30.12-0.11-0.90.640.94-0.960.27
0.990.820.810.95-0.96-0.870.80.980.950.980.130.60.90.820.980.2-0.120.080.08-0.11-0.890.40.94-0.870.47
0.950.940.940.95-0.9-0.950.860.881.00.910.050.610.970.940.930.22-0.160.140.05-0.15-0.920.481.0-0.960.36
-0.91-0.76-0.72-0.96-0.90.83-0.64-0.97-0.89-0.98-0.2-0.65-0.87-0.73-0.96-0.230.080.02-0.110.060.75-0.34-0.870.75-0.59
-0.89-0.99-0.96-0.87-0.950.83-0.82-0.78-0.95-0.81-0.08-0.75-0.99-0.96-0.91-0.260.19-0.07-0.050.20.84-0.71-0.930.9-0.39
0.880.840.920.80.86-0.64-0.820.730.880.730.140.30.810.920.80.28-0.040.50.18-0.02-0.970.520.89-0.940.22
0.950.70.710.980.88-0.97-0.780.730.881.00.270.520.820.720.960.18-0.090.090.09-0.06-0.830.290.87-0.770.58
0.950.940.940.951.0-0.89-0.950.880.880.90.070.580.970.950.930.22-0.150.170.06-0.14-0.930.481.0-0.970.36
0.950.740.740.980.91-0.98-0.810.731.00.90.260.540.860.750.960.19-0.090.090.1-0.07-0.840.30.89-0.80.58
0.13-0.030.070.130.05-0.2-0.080.140.270.070.26-0.160.090.070.19-0.01-0.070.30.00.01-0.11-0.040.040.010.86
0.570.70.540.60.61-0.65-0.750.30.520.580.54-0.160.730.560.680.11-0.28-0.5-0.1-0.33-0.370.740.55-0.450.29
0.910.980.950.90.97-0.87-0.990.810.820.970.860.090.730.960.930.27-0.170.070.06-0.17-0.840.630.95-0.910.42
0.870.981.00.820.94-0.73-0.960.920.720.950.750.070.560.960.840.31-0.120.290.12-0.11-0.90.640.94-0.960.28
0.970.850.830.980.93-0.96-0.910.80.960.930.960.190.680.930.840.3-0.060.10.17-0.05-0.860.540.91-0.840.52
0.210.320.310.20.22-0.23-0.260.280.180.220.19-0.010.110.270.310.30.880.610.960.87-0.130.370.19-0.19-0.01
-0.12-0.13-0.11-0.12-0.160.080.19-0.04-0.09-0.15-0.09-0.07-0.28-0.17-0.12-0.060.880.630.971.00.18-0.04-0.170.16-0.2
0.170.140.30.080.140.02-0.070.50.090.170.090.3-0.50.070.290.10.610.630.670.67-0.320.010.18-0.28-0.01
0.10.10.120.080.05-0.11-0.050.180.090.060.10.0-0.10.060.120.170.960.970.670.96-0.030.180.04-0.04-0.07
-0.11-0.14-0.11-0.11-0.150.060.2-0.02-0.06-0.14-0.070.01-0.33-0.17-0.11-0.050.871.00.670.960.16-0.08-0.160.15-0.14
-0.95-0.83-0.9-0.89-0.920.750.84-0.97-0.83-0.93-0.84-0.11-0.37-0.84-0.9-0.86-0.130.18-0.32-0.030.16-0.43-0.940.96-0.27
0.480.710.640.40.48-0.34-0.710.520.290.480.3-0.040.740.630.640.540.37-0.040.010.18-0.08-0.430.45-0.470.13
0.950.920.940.941.0-0.87-0.930.890.871.00.890.040.550.950.940.910.19-0.170.180.04-0.16-0.940.45-0.980.32
-0.91-0.92-0.96-0.87-0.960.750.9-0.94-0.77-0.97-0.80.01-0.45-0.91-0.96-0.84-0.190.16-0.28-0.040.150.96-0.47-0.98-0.2
0.410.250.270.470.36-0.59-0.390.220.580.360.580.860.290.420.280.52-0.01-0.2-0.01-0.07-0.14-0.270.130.32-0.2
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Sharps Technology Account Relationship Matchups

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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.