Solidion Non Currrent Assets Other vs Cash Analysis

STI Stock  USD 2.23  0.09  3.88%   
Solidion Technology financial indicator trend analysis is much more than just breaking down Solidion Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solidion Technology is a good investment. Please check the relationship between Solidion Technology Non Currrent Assets Other and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solidion Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Solidion Stock please use our How to Invest in Solidion Technology guide.

Non Currrent Assets Other vs Cash

Non Currrent Assets Other vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solidion Technology Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Solidion Technology's Non Currrent Assets Other and Cash is 0.9. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash in the same time period over historical financial statements of Solidion Technology, assuming nothing else is changed. The correlation between historical values of Solidion Technology's Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Solidion Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Solidion Technology's Non Currrent Assets Other and Cash go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash

Cash refers to the most liquid asset of Solidion Technology, which is listed under current asset account on Solidion Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Solidion Technology customers. The amounts must be unrestricted with restricted cash listed in a different Solidion Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Solidion Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solidion Technology 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 Solidion Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Solidion Stock please use our How to Invest in Solidion Technology guide.As of now, Solidion Technology's Tax Provision is increasing as compared to previous years. The Solidion Technology's current Sales General And Administrative To Revenue is estimated to increase to 205.21, while Selling General Administrative is projected to decrease to under 3.3 M.
 2023 2024 (projected)
Interest Expense1.1B1.5B
Depreciation And Amortization546.2K518.9K

Solidion Technology fundamental ratios Correlations

0.860.541.00.710.950.91.01.01.00.23-0.10.880.910.951.00.550.940.12-0.070.87-0.440.42-0.420.510.39
0.860.760.850.950.950.890.850.850.89-0.180.290.950.580.940.890.770.950.070.020.95-0.360.44-0.440.530.41
0.540.760.530.850.670.480.530.540.56-0.010.070.530.290.560.560.990.68-0.010.210.580.10.22-0.220.270.21
1.00.850.530.690.950.911.01.00.990.23-0.10.870.910.950.990.540.940.1-0.050.87-0.460.42-0.420.510.39
0.710.950.850.690.830.70.710.710.74-0.210.30.840.40.80.740.870.860.140.030.84-0.150.37-0.370.450.35
0.950.950.670.950.830.930.940.940.960.010.120.90.740.970.960.690.99-0.05-0.090.93-0.370.44-0.440.530.41
0.90.890.480.910.70.930.90.90.92-0.10.230.930.720.960.920.490.9-0.040.010.95-0.580.45-0.450.560.43
1.00.850.531.00.710.940.91.00.990.24-0.110.870.910.940.990.550.940.11-0.070.86-0.450.41-0.410.510.39
1.00.850.541.00.710.940.91.00.990.25-0.120.870.910.940.990.550.940.11-0.070.86-0.440.41-0.410.50.39
1.00.890.560.990.740.960.920.990.990.17-0.030.90.870.961.00.570.950.13-0.080.9-0.420.43-0.430.520.4
0.23-0.18-0.010.23-0.210.01-0.10.240.250.17-0.98-0.20.54-0.090.17-0.020.020.08-0.06-0.260.26-0.230.22-0.23-0.17
-0.10.290.07-0.10.30.120.23-0.11-0.12-0.03-0.980.33-0.430.23-0.030.070.11-0.060.070.39-0.30.2-0.20.240.18
0.880.950.530.870.840.90.930.870.870.9-0.20.330.640.960.90.540.910.210.00.97-0.520.46-0.460.570.44
0.910.580.290.910.40.740.720.910.910.870.54-0.430.640.740.870.280.730.16-0.020.61-0.440.31-0.310.380.29
0.950.940.560.950.80.970.960.940.940.96-0.090.230.960.740.960.570.960.09-0.050.98-0.520.47-0.470.570.44
1.00.890.560.990.740.960.920.990.991.00.17-0.030.90.870.960.570.950.13-0.080.9-0.420.43-0.430.520.4
0.550.770.990.540.870.690.490.550.550.57-0.020.070.540.280.570.570.7-0.030.110.590.130.23-0.230.280.22
0.940.950.680.940.860.990.90.940.940.950.020.110.910.730.960.950.7-0.01-0.10.93-0.340.43-0.430.530.4
0.120.07-0.010.10.14-0.05-0.040.110.110.130.08-0.060.210.160.090.13-0.03-0.010.10.09-0.030.07-0.070.010.07
-0.070.020.21-0.050.03-0.090.01-0.07-0.07-0.08-0.060.070.0-0.02-0.05-0.080.11-0.10.10.03-0.28-0.060.06-0.05-0.06
0.870.950.580.870.840.930.950.860.860.9-0.260.390.970.610.980.90.590.930.090.03-0.550.48-0.480.580.45
-0.44-0.360.1-0.46-0.15-0.37-0.58-0.45-0.44-0.420.26-0.3-0.52-0.44-0.52-0.420.13-0.34-0.03-0.28-0.55-0.430.42-0.45-0.3
0.420.440.220.420.370.440.450.410.410.43-0.230.20.460.310.470.430.230.430.07-0.060.48-0.43-1.00.920.93
-0.42-0.44-0.22-0.42-0.37-0.44-0.45-0.41-0.41-0.430.22-0.2-0.46-0.31-0.47-0.43-0.23-0.43-0.070.06-0.480.42-1.0-0.92-0.95
0.510.530.270.510.450.530.560.510.50.52-0.230.240.570.380.570.520.280.530.01-0.050.58-0.450.92-0.920.89
0.390.410.210.390.350.410.430.390.390.4-0.170.180.440.290.440.40.220.40.07-0.060.45-0.30.93-0.950.89
Click cells to compare fundamentals

Solidion Technology Account Relationship Matchups

Solidion Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets206.0B215.5B6.7M5.7M71.3M67.8M
Total Current Liabilities4.9B8.9B23.7K113.1K71.2M67.7M
Total Stockholder Equity25.2B24.3B6.7M5.6M(4.2M)(4.0M)
Net Debt7.7B16.3B116.7K(496.2K)2.2M2.1M
Retained Earnings17.5B19.5B(1.4K)(3.9M)(28.5M)(27.1M)
Cash6.9B7.5B8.7K621.6K20.0K19.0K
Non Current Assets Total167.6B176.6B5.4M4.0M43.0M40.8M
Non Currrent Assets Other156.8B165.2B1.1M35.9K43.0M40.8M
Cash And Short Term Investments38.3B38.9B8.7K621.6K20.0K19.0K
Common Stock Shares Outstanding487.0M465M73.2M73.2M65.9M62.6M
Liabilities And Stockholders Equity206.0B215.5B6.7M5.7M71.3M67.8M
Non Current Liabilities Total10.4B15.4B0.04.3M3.9M3.7M
Other Stockholder Equity8.4B6.2B6.7M(117.8M)(135.4M)(128.6M)
Total Liab180.8B191.3B23.7K113.1K75.5M71.8M
Total Current Assets38.3B38.9B1.3M1.7M28.4M26.9M
Intangible Assets1.8B2.1B1.2M1.3M1.5M1.5M
Other Current Liab141M145M23.4K112.2K68.1M71.5M
Property Plant And Equipment Net1.7B2.0B3.2M2.6M2.4M2.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Solidion Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Solidion Technology's short interest history, or implied volatility extrapolated from Solidion Technology options trading.

Currently Active Assets on Macroaxis

When determining whether Solidion Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solidion Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Solidion Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solidion Technology Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solidion Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Solidion Stock please use our How to Invest in Solidion Technology guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Solidion Stock analysis

When running Solidion Technology's price analysis, check to measure Solidion 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 Solidion Technology is operating at the current time. Most of Solidion Technology's value examination focuses on studying past and present price action to predict the probability of Solidion 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 Solidion Technology's price. Additionally, you may evaluate how the addition of Solidion Technology to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Money Managers
Screen money managers from public funds and ETFs managed around the world
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Is Solidion Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Solidion Technology. If investors know Solidion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Solidion Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth
(0.78)
The market value of Solidion Technology is measured differently than its book value, which is the value of Solidion that is recorded on the company's balance sheet. Investors also form their own opinion of Solidion Technology's value that differs from its market value or its book value, called intrinsic value, which is Solidion Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Solidion Technology's market value can be influenced by many factors that don't directly affect Solidion Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Solidion Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solidion Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solidion Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.