| 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 Total Assets and its Gross Profit Margin 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.
Total Assets vs Gross Profit Margin
Total Assets vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Scworx Corp Total Assets account and
Gross Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Scworx Corp's Total Assets and Gross Profit Margin is -0.01. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Gross Profit Margin 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 Total Assets and Gross Profit Margin 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 Assets of Scworx Corp are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Assets i.e., Scworx Corp's Total Assets and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.01 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Scworx Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Scworx Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Gross Profit Margin
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 Profit | 1.9M | 1.4M | 1.3M | 1.3M | Total Revenue | 4.6M | 4.0M | 3.8M | 3.9M |
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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measure Scworx Corp'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 Scworx Corp is operating at the current time. Most of Scworx Corp's value examination focuses on studying past and present price action to
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.