Scworx Common Stock Shares Outstanding vs Common Stock Total Equity Analysis

WORX Stock  USD 2.38  0.20  7.75%   
Scworx Corp financial indicator trend analysis is much more than just breaking down Scworx Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scworx Corp is a good investment. Please check the relationship between Scworx Corp Common Stock Shares Outstanding and its Common Stock Total Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Scworx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Scworx Stock please use our How to Invest in Scworx Corp guide.

Common Stock Shares Outstanding vs Common Stock Total Equity

Common Stock Shares Outstanding vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scworx Corp Common Stock Shares Outstanding account and Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Scworx Corp's Common Stock Shares Outstanding and Common Stock Total Equity is 0.54. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Scworx Corp, assuming nothing else is changed. The correlation between historical values of Scworx Corp's Common Stock Shares Outstanding and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Scworx Corp are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Scworx Corp's Common Stock Shares Outstanding and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Scworx Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scworx Corp 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Scworx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Scworx Stock please use our How to Invest in Scworx Corp guide.Selling General Administrative is likely to rise to about 5.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 544.3 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9M1.4M1.3M1.3M
Total Revenue4.6M4.0M3.8M3.9M

Scworx Corp fundamental ratios Correlations

0.080.120.390.89-0.57-0.620.65-0.110.40.410.530.060.61-0.59-0.230.67-0.67-0.15-0.02-0.2-0.680.640.670.470.52
0.080.890.79-0.30.28-0.23-0.530.890.140.770.670.76-0.560.090.160.16-0.26-0.630.650.71-0.270.150.4-0.290.21
0.120.890.84-0.280.26-0.42-0.530.860.40.820.730.69-0.480.290.060.14-0.36-0.850.780.75-0.37-0.010.43-0.150.37
0.390.790.84-0.070.31-0.76-0.170.660.371.00.640.54-0.11-0.21-0.240.54-0.72-0.870.560.43-0.720.390.770.290.72
0.89-0.3-0.28-0.07-0.77-0.290.78-0.440.25-0.050.27-0.20.7-0.51-0.110.45-0.370.25-0.29-0.41-0.370.490.340.360.2
-0.570.280.260.31-0.77-0.16-0.370.42-0.110.31-0.40.25-0.290.03-0.050.08-0.19-0.310.260.24-0.190.00.190.030.24
-0.62-0.23-0.42-0.76-0.29-0.16-0.37-0.16-0.49-0.78-0.35-0.11-0.50.50.56-0.780.940.69-0.210.050.94-0.54-0.87-0.76-0.97
0.65-0.53-0.53-0.170.78-0.37-0.37-0.660.06-0.14-0.19-0.420.96-0.68-0.160.54-0.480.35-0.38-0.6-0.480.520.320.540.41
-0.110.890.860.66-0.440.42-0.16-0.660.120.640.440.88-0.630.210.050.15-0.19-0.590.520.61-0.20.120.35-0.240.08
0.40.140.40.370.25-0.11-0.490.060.120.370.49-0.070.190.04-0.30.14-0.37-0.380.320.23-0.38-0.060.420.140.43
0.410.770.821.0-0.050.31-0.78-0.140.640.370.630.52-0.08-0.26-0.270.57-0.74-0.850.530.4-0.740.420.80.320.74
0.530.670.730.640.27-0.4-0.35-0.190.440.490.630.33-0.20.130.040.09-0.25-0.60.560.56-0.250.010.32-0.130.29
0.060.760.690.54-0.20.25-0.11-0.420.88-0.070.520.33-0.440.050.180.31-0.25-0.370.360.37-0.260.360.38-0.180.0
0.61-0.56-0.48-0.110.7-0.29-0.50.96-0.630.19-0.08-0.2-0.44-0.67-0.360.6-0.550.22-0.41-0.64-0.540.50.380.690.53
-0.590.090.29-0.21-0.510.030.5-0.680.210.04-0.260.130.05-0.670.49-0.830.64-0.160.520.630.64-0.9-0.67-0.68-0.48
-0.230.160.06-0.24-0.11-0.050.56-0.160.05-0.3-0.270.040.18-0.360.49-0.530.420.280.50.550.41-0.39-0.48-0.82-0.5
0.670.160.140.540.450.08-0.780.540.150.140.570.090.310.6-0.83-0.53-0.9-0.26-0.21-0.41-0.90.930.90.770.71
-0.67-0.26-0.36-0.72-0.37-0.190.94-0.48-0.19-0.37-0.74-0.25-0.25-0.550.640.42-0.90.52-0.160.11.0-0.73-0.94-0.71-0.9
-0.15-0.63-0.85-0.870.25-0.310.690.35-0.59-0.38-0.85-0.6-0.370.22-0.160.28-0.260.52-0.65-0.510.520.0-0.49-0.26-0.66
-0.020.650.780.56-0.290.26-0.21-0.380.520.320.530.560.36-0.410.520.5-0.21-0.16-0.650.93-0.17-0.350.11-0.430.25
-0.20.710.750.43-0.410.240.05-0.60.610.230.40.560.37-0.640.630.55-0.410.1-0.510.930.1-0.48-0.08-0.65-0.01
-0.68-0.27-0.37-0.72-0.37-0.190.94-0.48-0.2-0.38-0.74-0.25-0.26-0.540.640.41-0.91.00.52-0.170.1-0.74-0.95-0.7-0.89
0.640.15-0.010.390.490.0-0.540.520.12-0.060.420.010.360.5-0.9-0.390.93-0.730.0-0.35-0.48-0.740.790.620.46
0.670.40.430.770.340.19-0.870.320.350.420.80.320.380.38-0.67-0.480.9-0.94-0.490.11-0.08-0.950.790.630.78
0.47-0.29-0.150.290.360.03-0.760.54-0.240.140.32-0.13-0.180.69-0.68-0.820.77-0.71-0.26-0.43-0.65-0.70.620.630.71
0.520.210.370.720.20.24-0.970.410.080.430.740.290.00.53-0.48-0.50.71-0.9-0.660.25-0.01-0.890.460.780.71
Click cells to compare fundamentals

Scworx Corp Account Relationship Matchups

Scworx Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0M10.6M9.1M9.2M6.3M9.1M
Other Current Liab7.1M2.0M375K125K378.8K118.8K
Total Current Liabilities3.1M4.6M2.3M2.3M2.3M3.1M
Total Stockholder Equity6.9M5.7M6.4M6.8M3.9M5.9M
Net Debt(488.0K)(82.5K)362.5K(101.7K)(117.0K)(122.8K)
Retained Earnings(12.8M)(20.2M)(24.0M)(25.9M)(29.8M)(28.3M)
Common Stock Total Equity12.7K921.07.4K9.9K11.4K8.3K
Liabilities And Stockholders Equity10.0M10.6M9.1M9.2M10.6M9.4M
Non Current Liabilities Total1.1M294.0K433.6K147.7K90.4K85.8K
Other Current Assets11.2K(3.0)127.9K295.2K39.5K37.6K
Total Liab3.1M4.9M2.7M2.5M2.4M3.2M
Total Current Assets1.3M2.2M756.5K880.7K435.8K414.0K
Short Term Debt2.0M475K100K125K143.8K136.6K
Common Stock7.4K9.9K11.3K13.0K15.0K9.6K
Net Tangible Assets(1.6M)(2.6M)(2.0M)(1.6M)(1.4M)(1.5M)
Accounts Payable2.0M1.7M1.6M1.4M1.6M1.4M
Cash488.0K376.4K71.1K249.5K91.4K86.9K
Non Current Assets Total0.08.7M8.4M8.4M5.8M5.8M
Cash And Short Term Investments488.0K376.4K71.1K249.5K224.5K213.3K
Net Receivables799.2K722.2K464.9K336.0K304.8K397.9K
Common Stock Shares Outstanding417.6K603.8K700.6K797.9K1.2M1.3M
Capital Surpluse24.6M28.4M19.7M25.9M29.8M25.7M
Other Stockholder Equity19.7M25.9M29.8M32.0M36.8M28.1M
Net Invested Capital6.9M6.0M6.8M6.9M3.9M5.9M
Net Working Capital(1.8M)(2.4M)(1.5M)(1.4M)(1.9M)(2.0M)
Capital Stock8.0K10.0K11.3K13.1K1.3K1.2K

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