Sharps Total Other Income Expense Net vs Cost Of Revenue Analysis

STSSW Stock  USD 0.04  0  2.48%   
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 Total Other Income Expense Net and its Cost Of Revenue 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.

Total Other Income Expense Net vs Cost Of Revenue

Total Other Income Expense Net vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sharps Technology Warrant Total Other Income Expense Net account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sharps Technology's Total Other Income Expense Net and Cost Of Revenue is 0.48. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Cost Of Revenue 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 Total Other Income Expense Net and Cost Of Revenue 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 Other Income Expense Net of Sharps Technology Warrant are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Other Income Expense Net i.e., Sharps Technology's Total Other Income Expense Net and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Total Other Income Expense Net

Cost Of Revenue

Cost of Revenue is found on Sharps Technology Warrant income statement and represents the costs associated with goods and services Sharps Technology provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 2025, despite the fact that Tax Provision is likely to grow to (25.6 K).
 2022 2023 2024 2025 (projected)
Total Operating Expenses8.7M10.1M11.6M12.2M
Cost Of Revenue654.6K891.2K802.1K725.2K

Sharps Technology fundamental ratios Correlations

0.960.950.941.0-0.9-0.970.860.891.00.90.080.740.990.960.940.33-0.140.10.14-0.14-0.890.650.98-0.940.42
0.960.980.850.95-0.76-0.970.860.750.950.74-0.030.790.980.990.860.37-0.140.090.15-0.15-0.840.770.93-0.920.28
0.950.980.840.95-0.74-0.960.920.760.960.750.050.680.961.00.850.36-0.130.230.16-0.13-0.890.730.95-0.950.3
0.940.850.840.94-0.94-0.910.860.980.940.960.110.720.90.850.980.27-0.140.060.13-0.13-0.910.620.94-0.880.46
1.00.950.950.94-0.89-0.960.880.891.00.890.040.710.980.960.930.29-0.170.10.11-0.17-0.910.620.99-0.960.38
-0.9-0.76-0.74-0.94-0.890.84-0.68-0.96-0.88-0.98-0.19-0.67-0.86-0.75-0.95-0.270.090.03-0.140.080.77-0.44-0.870.77-0.59
-0.97-0.97-0.96-0.91-0.960.84-0.88-0.84-0.96-0.84-0.07-0.81-0.98-0.96-0.94-0.310.2-0.05-0.10.210.88-0.76-0.950.91-0.4
0.860.860.920.860.88-0.68-0.880.790.890.760.110.540.840.910.840.35-0.070.40.22-0.05-0.970.70.9-0.940.25
0.890.750.760.980.89-0.96-0.840.790.880.980.230.650.840.770.970.25-0.110.070.14-0.09-0.870.520.89-0.810.57
1.00.950.960.941.0-0.88-0.960.890.880.890.050.690.970.960.930.29-0.170.130.11-0.16-0.920.621.0-0.970.38
0.90.740.750.960.89-0.98-0.840.760.980.890.240.60.830.760.960.24-0.110.080.13-0.09-0.850.430.89-0.820.59
0.08-0.030.050.110.04-0.19-0.070.110.230.050.24-0.130.060.050.17-0.02-0.070.30.00.01-0.1-0.040.030.010.86
0.740.790.680.720.71-0.67-0.810.540.650.690.6-0.130.80.690.750.22-0.25-0.40.01-0.29-0.530.850.66-0.560.3
0.990.980.960.90.98-0.86-0.980.840.840.970.830.060.80.970.920.33-0.180.040.12-0.18-0.850.730.95-0.910.41
0.960.991.00.850.96-0.75-0.960.910.770.960.760.050.690.970.860.36-0.130.220.16-0.13-0.890.730.95-0.950.3
0.940.860.850.980.93-0.95-0.940.840.970.930.960.170.750.920.860.36-0.080.080.2-0.07-0.880.650.92-0.860.52
0.330.370.360.270.29-0.27-0.310.350.250.290.24-0.020.220.330.360.360.850.60.970.84-0.20.390.26-0.240.01
-0.14-0.14-0.13-0.14-0.170.090.2-0.07-0.11-0.17-0.11-0.07-0.25-0.18-0.13-0.080.850.630.951.00.19-0.07-0.180.18-0.2
0.10.090.230.060.10.03-0.050.40.070.130.080.3-0.40.040.220.080.60.630.660.67-0.28-0.010.14-0.25-0.02
0.140.150.160.130.11-0.14-0.10.220.140.110.130.00.010.120.160.20.970.950.660.94-0.070.210.09-0.09-0.06
-0.14-0.15-0.13-0.13-0.170.080.21-0.05-0.09-0.16-0.090.01-0.29-0.18-0.13-0.070.841.00.670.940.17-0.1-0.170.17-0.15
-0.89-0.84-0.89-0.91-0.910.770.88-0.97-0.87-0.92-0.85-0.1-0.53-0.85-0.89-0.88-0.20.19-0.28-0.070.17-0.58-0.940.96-0.3
0.650.770.730.620.62-0.44-0.760.70.520.620.43-0.040.850.730.730.650.39-0.07-0.010.21-0.1-0.580.58-0.570.18
0.980.930.950.940.99-0.87-0.950.90.891.00.890.030.660.950.950.920.26-0.180.140.09-0.17-0.940.58-0.980.34
-0.94-0.92-0.95-0.88-0.960.770.91-0.94-0.81-0.97-0.820.01-0.56-0.91-0.95-0.86-0.240.18-0.25-0.090.170.96-0.57-0.98-0.23
0.420.280.30.460.38-0.59-0.40.250.570.380.590.860.30.410.30.520.01-0.2-0.02-0.06-0.15-0.30.180.34-0.23
Click cells to compare fundamentals

Sharps Technology Account Relationship Matchups

Sharps Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.2M5.9M11.8M11.8M13.6M14.2M
Other Current Liab(101.2K)1.3M1.5M2.9M3.3M3.5M
Total Current Liabilities101.2K2.8M2.0M3.7M4.2M4.5M
Total Stockholder Equity2.1M3.1M9.6M7.9M9.1M5.4M
Property Plant And Equipment Net316.9K3.8M7.3M6.8M7.8M8.2M
Net Debt(1.8M)(779.2K)(4.2M)(3.0M)(2.7M)(2.8M)
Retained Earnings(6.0M)(10.7M)(15.3M)(25.1M)(22.6M)(21.5M)
Accounts Payable101.2K804.1K543.2K794.1K913.2K490.8K
Cash1.8M1.5M4.2M3.0M3.5M2.0M
Non Current Assets Total391.9K4.3M7.4M7.0M8.0M8.4M
Cash And Short Term Investments1.8M1.5M4.2M3.0M2.7M2.3M
Liabilities And Stockholders Equity2.2M5.9M11.8M11.8M13.6M14.2M
Non Current Liabilities Total1.9M700.0K192K162K186.3K177.0K
Other Stockholder Equity8.1M13.8M24.7M32.5M37.4M39.2M
Total Liab101.2K2.8M2.2M3.9M4.4M4.7M
Total Current Assets1.8M1.6M4.4M4.8M4.4M3.2M
Common Stock460.0519.0941.01.5K1.4K1.3K
Non Currrent Assets Other75K497.4K12.4K76.1K68.5K65.0K
Net Invested Capital(5.7M)3.8M9.6M7.9M9.1M9.6M
Net Working Capital9.3M(1.2M)2.4M1.1M1.0M1.5M

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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.