WORX Stock | | | USD 2.58 0.20 8.40% |
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 Net Invested Capital and its Long Term Debt Total 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.
Net Invested Capital vs Long Term Debt Total
Net Invested Capital vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Scworx Corp Net Invested Capital account and
Long Term Debt Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Scworx Corp's Net Invested Capital and Long Term Debt Total is 0.23. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Debt Total 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 Net Invested Capital and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Scworx Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Net Invested Capital i.e., Scworx Corp's Net Invested Capital and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Long Term Debt Total
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.
Scworx Corp fundamental ratios Correlations
Click cells to compare fundamentals
Scworx Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scworx Corp fundamental ratios Accounts
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Additional Tools for Scworx Stock Analysis
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predict the probability of Scworx Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scworx Corp's price. Additionally, you may evaluate how the addition of Scworx Corp to your portfolios can decrease your overall portfolio volatility.