Spectral Historical Balance Sheet

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Trend analysis of Spectral Med balance sheet accounts such as Other Current Liabilities of 9.1 M or Total Current Liabilities of 12.4 M provides information on Spectral Med's total assets, liabilities, and equity, which is the actual value of Spectral Med to its prevalent stockholders. By breaking down trends over time using Spectral Med balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Spectral Med latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Spectral Med is a good buy for the upcoming year.

Spectral Med Inventory

474,560

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Spectral Med. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Spectral Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Spectral Med at a specified time, usually calculated after every quarter, six months, or one year. Spectral Med Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spectral Med and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Spectral currently owns. An asset can also be divided into two categories, current and non-current.

Spectral Med Balance Sheet Chart

At this time, Spectral Med's Common Stock Shares Outstanding is very stable compared to the past year. As of the 4th of January 2025, Non Current Liabilities Total is likely to grow to about 13.9 M, while Total Assets are likely to drop about 4.5 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Total Assets

Total assets refers to the total amount of Spectral Med 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 Spectral Med 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.

Total Current Liabilities

Total Current Liabilities is an item on Spectral Med balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Spectral Med are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Spectral Med's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Spectral Med current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Spectral Med. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	6.6M	8.6M	9.8M	10.3M
Total Assets	12.0M	5.2M	4.7M	4.5M

Short Long Term Debt Total Total Assets

Spectral Med balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Non Currrent Assets Other	Inventory	Short Term Investments
Total Assets		-0.3	-0.29	-0.29	0.65	-0.45	-0.23	-0.75	0.39	0.16	0.94	0.12	0.99	0.05	-0.37	-0.19	0.1	-0.58	-0.28	-0.18	1.0	0.68	-0.18	-0.11	0.02	0.55
Short Long Term Debt Total	-0.3		0.97	0.94	-0.87	0.37	0.72	0.82	-0.7	0.62	-0.31	0.19	-0.32	-0.26	0.71	0.94	0.13	0.35	0.96	0.81	-0.31	-0.12	-0.24	-0.66	0.69	-0.19
Other Current Liab	-0.29	0.97		0.99	-0.86	0.39	0.71	0.78	-0.66	0.66	-0.27	0.11	-0.29	-0.39	0.69	0.92	0.19	0.28	0.97	0.77	-0.3	-0.13	-0.27	-0.64	0.71	-0.22
Total Current Liabilities	-0.29	0.94	0.99		-0.85	0.42	0.7	0.75	-0.62	0.65	-0.27	0.04	-0.28	-0.48	0.66	0.9	0.25	0.23	0.96	0.74	-0.29	-0.11	-0.27	-0.63	0.72	-0.2
Total Stockholder Equity	0.65	-0.87	-0.86	-0.85		-0.61	-0.76	-0.93	0.79	-0.48	0.6	-0.21	0.67	0.33	-0.75	-0.85	-0.2	-0.58	-0.89	-0.78	0.67	0.46	0.14	0.55	-0.58	0.45
Property Plant And Equipment Net	-0.45	0.37	0.39	0.42	-0.61		0.76	0.5	-0.54	0.13	-0.39	0.44	-0.47	-0.51	0.5	0.51	0.3	0.44	0.52	0.59	-0.48	-0.4	-0.01	-0.59	0.53	-0.32
Current Deferred Revenue	-0.23	0.72	0.71	0.7	-0.76	0.76		0.61	-0.86	0.42	-0.21	0.57	-0.28	-0.26	0.85	0.85	0.19	0.48	0.82	0.84	-0.27	-0.25	-0.44	-0.87	0.79	-0.37
Net Debt	-0.75	0.82	0.78	0.75	-0.93	0.5	0.61		-0.66	0.29	-0.79	0.08	-0.76	-0.19	0.65	0.72	0.03	0.5	0.78	0.63	-0.76	-0.34	-0.04	-0.43	0.46	-0.31
Retained Earnings	0.39	-0.7	-0.66	-0.62	0.79	-0.54	-0.86	-0.66		-0.31	0.33	-0.47	0.45	-0.04	-0.96	-0.76	0.0	-0.69	-0.74	-0.79	0.43	0.46	0.58	0.61	-0.63	0.63
Accounts Payable	0.16	0.62	0.66	0.65	-0.48	0.13	0.42	0.29	-0.31		0.19	0.39	0.14	-0.43	0.25	0.67	0.33	-0.08	0.65	0.48	0.13	0.03	-0.18	-0.57	0.58	-0.05
Cash	0.94	-0.31	-0.27	-0.27	0.6	-0.39	-0.21	-0.79	0.33	0.19		0.15	0.94	0.02	-0.32	-0.18	0.15	-0.42	-0.26	-0.14	0.94	0.42	-0.16	-0.05	-0.03	0.31
Non Current Assets Total	0.12	0.19	0.11	0.04	-0.21	0.44	0.57	0.08	-0.47	0.39	0.15		0.04	0.04	0.37	0.37	0.06	0.31	0.25	0.46	0.05	-0.2	-0.27	-0.61	0.41	-0.28
Cash And Short Term Investments	0.99	-0.32	-0.29	-0.28	0.67	-0.47	-0.28	-0.76	0.45	0.14	0.94	0.04		0.0	-0.42	-0.22	0.11	-0.62	-0.29	-0.23	1.0	0.71	-0.14	-0.07	-0.01	0.59
Net Receivables	0.05	-0.26	-0.39	-0.48	0.33	-0.51	-0.26	-0.19	-0.04	-0.43	0.02	0.04	0.0		0.06	-0.36	-0.69	0.2	-0.41	-0.34	0.05	-0.06	-0.27	0.36	-0.33	-0.2
Common Stock Shares Outstanding	-0.37	0.71	0.69	0.66	-0.75	0.5	0.85	0.65	-0.96	0.25	-0.32	0.37	-0.42	0.06		0.75	-0.12	0.59	0.75	0.72	-0.4	-0.39	-0.67	-0.57	0.69	-0.62
Non Current Liabilities Total	-0.19	0.94	0.92	0.9	-0.85	0.51	0.85	0.72	-0.76	0.67	-0.18	0.37	-0.22	-0.36	0.75		0.28	0.36	0.99	0.89	-0.21	-0.13	-0.29	-0.79	0.79	-0.2
Other Current Assets	0.1	0.13	0.19	0.25	-0.2	0.3	0.19	0.03	0.0	0.33	0.15	0.06	0.11	-0.69	-0.12	0.28		-0.18	0.27	0.44	0.1	0.01	0.33	-0.29	0.15	0.21
Other Stockholder Equity	-0.58	0.35	0.28	0.23	-0.58	0.44	0.48	0.5	-0.69	-0.08	-0.42	0.31	-0.62	0.2	0.59	0.36	-0.18		0.36	0.46	-0.61	-0.75	-0.04	-0.16	0.0	-0.68
Total Liab	-0.28	0.96	0.97	0.96	-0.89	0.52	0.82	0.78	-0.74	0.65	-0.26	0.25	-0.29	-0.41	0.75	0.99	0.27	0.36		0.86	-0.29	-0.16	-0.27	-0.74	0.77	-0.23
Property Plant And Equipment Gross	-0.18	0.81	0.77	0.74	-0.78	0.59	0.84	0.63	-0.79	0.48	-0.14	0.46	-0.23	-0.34	0.72	0.89	0.44	0.46	0.86		-0.22	-0.23	-0.22	-0.76	0.65	-0.24
Total Current Assets	1.0	-0.31	-0.3	-0.29	0.67	-0.48	-0.27	-0.76	0.43	0.13	0.94	0.05	1.0	0.05	-0.4	-0.21	0.1	-0.61	-0.29	-0.22		0.7	-0.16	-0.07	0.0	0.57
Short Term Debt	0.68	-0.12	-0.13	-0.11	0.46	-0.4	-0.25	-0.34	0.46	0.03	0.42	-0.2	0.71	-0.06	-0.39	-0.13	0.01	-0.75	-0.16	-0.23	0.7		-0.05	-0.16	0.09	0.9
Intangible Assets	-0.18	-0.24	-0.27	-0.27	0.14	-0.01	-0.44	-0.04	0.58	-0.18	-0.16	-0.27	-0.14	-0.27	-0.67	-0.29	0.33	-0.04	-0.27	-0.22	-0.16	-0.05		0.35	-0.57	0.39
Non Currrent Assets Other	-0.11	-0.66	-0.64	-0.63	0.55	-0.59	-0.87	-0.43	0.61	-0.57	-0.05	-0.61	-0.07	0.36	-0.57	-0.79	-0.29	-0.16	-0.74	-0.76	-0.07	-0.16	0.35		-0.79	-0.04
Inventory	0.02	0.69	0.71	0.72	-0.58	0.53	0.79	0.46	-0.63	0.58	-0.03	0.41	-0.01	-0.33	0.69	0.79	0.15	0.0	0.77	0.65	0.0	0.09	-0.57	-0.79		-0.13
Short Term Investments	0.55	-0.19	-0.22	-0.2	0.45	-0.32	-0.37	-0.31	0.63	-0.05	0.31	-0.28	0.59	-0.2	-0.62	-0.2	0.21	-0.68	-0.23	-0.24	0.57	0.9	0.39	-0.04	-0.13

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Spectral Med Account Relationship Matchups

Spectral Med balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.2M	11.6M	12.0M	5.2M	4.7M	4.5M
Short Long Term Debt Total	667K	582K	6.6M	8.6M	9.8M	10.3M
Other Current Liab	980K	1.1M	4.1M	7.5M	8.7M	9.1M
Total Current Liabilities	2.9M	2.3M	4.0M	10.2M	11.8M	12.4M
Total Stockholder Equity	(669K)	4.1M	(2.5M)	(16.5M)	(14.9M)	(14.1M)
Property Plant And Equipment Net	1.1M	1.1M	701K	893K	803.7K	1.2M
Net Debt	(5.1M)	(8.3M)	(1.8M)	5.6M	6.5M	6.8M
Retained Earnings	(89.7M)	(98.5M)	(109.7M)	(125.4M)	(112.9M)	(107.2M)
Accounts Payable	1.2M	444K	1.7M	1.6M	1.4M	1.1M
Cash	5.8M	8.9M	8.4M	3.0M	2.7M	2.5M
Non Current Assets Total	1.4M	1.3M	1.9M	1.1M	977.4K	928.5K
Cash And Short Term Investments	5.8M	8.9M	8.4M	3.0M	2.7M	2.5M
Net Receivables	260K	205K	1.1M	186K	167.4K	159.0K
Common Stock Shares Outstanding	232.5M	252.5M	269.8M	278.6M	320.3M	336.4M
Liabilities And Stockholders Equity	8.2M	11.6M	12.0M	5.2M	4.7M	4.5M
Non Current Liabilities Total	5.9M	5.2M	10.6M	11.5M	13.2M	13.9M
Other Current Assets	389K	875K	276K	621K	558.9K	293.1K
Total Liab	8.8M	7.5M	14.5M	21.8M	25.0M	26.3M
Property Plant And Equipment Gross	1.1M	4.2M	3.8M	4.2M	3.8M	4.0M
Total Current Assets	6.8M	10.3M	10.1M	4.1M	3.7M	3.5M
Accumulated Other Comprehensive Income	9.2M	10.2M	11.4M	12.9M	14.8M	15.6M
Short Term Debt	85K	92K	175K	385K	442.8K	420.6K
Intangible Assets	246K	228K	211K	193K	173.7K	165.0K
Non Currrent Assets Other	(1.4M)	(1.4M)	(1.3M)	(1.9M)	(1.7M)	(1.6M)
Inventory	348K	293K	340K	366K	329.4K	474.6K
Short Term Investments	232K	717K	241K	608K	547.2K	519.8K
Common Stock	71.9M	84.4M	87.1M	87.1M	100.1M	68.9M
Net Tangible Assets	2.0M	(915K)	3.9M	(2.7M)	(2.5M)	(2.3M)
Property Plant Equipment	1.1M	1.1M	1.1M	701K	806.2K	807.7K
Long Term Debt Total	667K	582K	490K	6.5M	7.5M	7.9M
Net Invested Capital	(669K)	4.1M	3.6M	(8.6M)	(7.7M)	(7.4M)
Net Working Capital	3.9M	8.0M	6.1M	(6.1M)	(5.5M)	(5.2M)
Capital Stock	71.9M	84.4M	87.1M	87.1M	100.1M	85.0M
Capital Lease Obligations	667K	582K	516K	621K	558.9K	500.8K

Pair Trading with Spectral Med

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Spectral Med position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Spectral Med will appreciate offsetting losses from the drop in the long position's value.

Moving together with Spectral Stock

0.82	AEMC	Alaska Energy Metals	Pair Corr
0.62	CMC	Cielo Waste Solutions	Pair Corr

Moving against Spectral Stock

0.76	MATE	Blockmate Ventures	Pair Corr
0.73	LQWD	LQwD FinTech Corp	Pair Corr

The ability to find closely correlated positions to Spectral Med could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spectral Med when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Spectral Med - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Spectral Med to buy it.

The correlation of Spectral Med is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spectral Med moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spectral Med moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Spectral Med can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Spectral Stock

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Spectral Historical Balance Sheet

Spectral Med Inventory

474,560

About Spectral Balance Sheet Analysis

Spectral Med Balance Sheet Chart

Total Assets

Total Current Liabilities

Spectral Med balance sheet Correlations

Spectral Med Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spectral Med balance sheet Accounts

Pair Trading with Spectral Med

Moving together with Spectral Stock

Moving against Spectral Stock

Other Information on Investing in Spectral Stock

COMMON DESTINATIONS

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Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Total Liab	+ 0.99	Non Current Liabilities Total
Other Current Liab	+ 0.97	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.96	Retained Earnings
Net Debt	- 0.93	Total Stockholder Equity
Total Liab	- 0.89	Total Stockholder Equity
Non Currrent Assets Other	- 0.87	Current Deferred Revenue
Total Stockholder Equity	- 0.87	Short Long Term Debt Total
Retained Earnings	- 0.86	Current Deferred Revenue