Surgepays Total Operating Expenses vs Reconciled Depreciation Analysis

SURG Stock  USD 3.66  0.03  0.83%   
Surgepays financial indicator trend analysis is much more than just breaking down Surgepays prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Surgepays is a good investment. Please check the relationship between Surgepays Total Operating Expenses and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surgepays. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.

Total Operating Expenses vs Reconciled Depreciation

Total Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Surgepays Total Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Surgepays' Total Operating Expenses and Reconciled Depreciation is 0.73. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Surgepays, assuming nothing else is changed. The correlation between historical values of Surgepays' Total Operating Expenses and Reconciled Depreciation 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 Operating Expenses of Surgepays are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Operating Expenses i.e., Surgepays' Total Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Reconciled Depreciation

Most indicators from Surgepays' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Surgepays 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 Surgepays. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.At this time, Surgepays' Enterprise Value Multiple is most likely to increase significantly in the upcoming years. The Surgepays' current Enterprise Value is estimated to increase to about 86.9 M, while Issuance Of Capital Stock is projected to decrease to 516.75.
 2023 2024 (projected)
Interest Income1.3M1.1M
Reconciled Depreciation1.1M740.0K

Surgepays fundamental ratios Correlations

0.440.790.85-0.64-0.640.830.970.970.990.38-0.020.960.630.990.140.890.060.580.97-0.390.980.70.30.50.94
0.440.720.030.1-0.870.560.270.270.40.62-0.090.580.80.440.090.380.330.620.450.050.460.160.660.440.52
0.790.720.37-0.13-0.860.890.640.640.770.580.010.790.930.750.060.830.330.820.84-0.090.780.760.520.680.79
0.850.030.37-0.92-0.210.490.940.940.87-0.04-0.180.780.140.880.090.62-0.190.120.75-0.570.830.47-0.120.10.7
-0.640.1-0.13-0.92-0.01-0.21-0.79-0.79-0.690.380.47-0.580.13-0.71-0.06-0.310.330.22-0.50.66-0.62-0.260.430.25-0.42
-0.64-0.87-0.86-0.21-0.01-0.84-0.51-0.51-0.57-0.730.0-0.78-0.9-0.6-0.11-0.69-0.27-0.85-0.7-0.05-0.6-0.53-0.71-0.69-0.76
0.830.560.890.49-0.21-0.840.750.750.780.660.110.860.850.780.150.930.260.860.9-0.160.780.790.570.760.91
0.970.270.640.94-0.79-0.510.751.00.960.21-0.140.930.450.970.140.82-0.050.420.92-0.480.930.660.120.360.88
0.970.270.640.94-0.79-0.510.751.00.960.21-0.140.930.450.970.140.82-0.050.420.92-0.480.930.660.120.360.88
0.990.40.770.87-0.69-0.570.780.960.960.29-0.090.930.590.990.130.850.030.50.95-0.440.980.690.20.420.89
0.380.620.58-0.040.38-0.730.660.210.210.290.650.440.780.310.210.60.30.880.490.270.40.240.980.820.64
-0.02-0.090.01-0.180.470.00.11-0.14-0.14-0.090.65-0.120.22-0.10.090.250.130.440.070.320.04-0.040.630.510.2
0.960.580.790.78-0.58-0.780.860.930.930.930.44-0.120.670.950.130.840.050.620.94-0.330.920.650.380.510.94
0.630.80.930.140.13-0.90.850.450.450.590.780.220.670.580.130.750.390.930.720.090.640.590.750.80.74
0.990.440.750.88-0.71-0.60.780.970.970.990.31-0.10.950.580.110.830.020.50.94-0.450.980.640.230.40.9
0.140.090.060.09-0.06-0.110.150.140.140.130.210.090.130.130.110.14-0.30.140.20.130.09-0.020.180.240.18
0.890.380.830.62-0.31-0.690.930.820.820.850.60.250.840.750.830.140.260.820.94-0.130.850.840.50.790.94
0.060.330.33-0.190.33-0.270.26-0.05-0.050.030.30.130.050.390.02-0.30.260.410.080.00.060.230.340.330.12
0.580.620.820.120.22-0.850.860.420.420.50.880.440.620.930.50.140.820.410.70.190.560.630.840.930.77
0.970.450.840.75-0.5-0.70.90.920.920.950.490.070.940.720.940.20.940.080.7-0.310.940.780.390.630.96
-0.390.05-0.09-0.570.66-0.05-0.16-0.48-0.48-0.440.270.32-0.330.09-0.450.13-0.130.00.19-0.31-0.4-0.130.360.43-0.23
0.980.460.780.83-0.62-0.60.780.930.930.980.40.040.920.640.980.090.850.060.560.94-0.40.620.320.460.91
0.70.160.760.47-0.26-0.530.790.660.660.690.24-0.040.650.590.64-0.020.840.230.630.78-0.130.620.130.60.66
0.30.660.52-0.120.43-0.710.570.120.120.20.980.630.380.750.230.180.50.340.840.390.360.320.130.790.57
0.50.440.680.10.25-0.690.760.360.360.420.820.510.510.80.40.240.790.330.930.630.430.460.60.790.69
0.940.520.790.7-0.42-0.760.910.880.880.890.640.20.940.740.90.180.940.120.770.96-0.230.910.660.570.69
Click cells to compare fundamentals

Surgepays Account Relationship Matchups

Surgepays fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0M7.3M19.5M34.0M42.1M44.3M
Other Current Liab678.0K1.7M8.0M13.0M570K541.5K
Total Current Liabilities7.1M15.3M10.0M23.5M12.7M13.3M
Total Stockholder Equity(4.7M)(10.7M)3.6M5.0M28.2M29.7M
Net Debt8.2M7.0M1.4M1.1M(9.2M)(8.7M)
Retained Earnings(10.9M)(21.6M)(35.1M)(35.8M)(15.2M)(14.4M)
Accounts Payable4.6M7.3M8.0M7.5M7.5M7.9M
Cash346.0K674.0K6.3M7.0M14.6M15.4M
Cash And Short Term Investments346.0K674.0K6.3M7.0M14.6M15.4M
Common Stock Shares Outstanding1.9M2.1M4.4M12.4M14.9M15.7M
Liabilities And Stockholders Equity10.0M7.3M19.5M34.0M42.1M44.3M
Non Current Liabilities Total7.6M2.7M6.0M5.4M1.0M1.9M
Other Current Assets1.4M172.6B5.6K111.5K161.9K153.8K
Other Stockholder Equity6.1M10.7M38.7M40.8M43.4M45.6M
Total Liab14.7M18.1M15.9M28.9M13.7M7.7M
Total Current Assets3.6M1.3M13.9M27.6M33.4M35.0M
Common Stock102.2K127.1K12.1K14.1K14.4K15.1K
Non Current Assets Total6.4M6.1M5.6M6.4M8.8M9.2M
Non Currrent Assets Other61.5K66.5K61.5K176.9K(539.4K)(512.5K)
Short Long Term Debt Total8.5M7.7M7.7M8.1M5.4M3.8M
Property Plant And Equipment Net505.4K605.4K687.1K1.1M1.3M1.4M
Net Receivables3.1M393.1K3.2M9.2M9.5M10.0M
Short Term Debt1.7M5.8M1.7M2.7M4.6M4.9M
Other Assets(4K)66.5K61.5K176.9K203.4K213.5K
Long Term Debt6.6M1.7M5.5M5.0M460.5K437.5K
Inventory(172.6B)178.3K4.4M11.2M9.0M9.5M
Intangible Assets4.8M4.1M3.4M3.2M2.7M2.0M
Property Plant Equipment31.0K505.4K236.8K687.1K790.2K829.7K
Net Tangible Assets(2.9M)(10.3M)(15.7M)(749.2K)(674.3K)(708.0K)
Short Long Term Debt2.1M5.9M1.7M2.7M4.6M2.5M
Other Liab883.6K600.5K869.9K852.0K979.8K808.9K
Net Invested Capital4.0M(3.1M)10.7M12.7M33.3M35.0M
Net Working Capital(3.5M)(14.1M)3.9M4.1M20.7M21.7M
Capital Stock115.9K140.9K12.3K14.1K14.4K13.7K

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When determining whether Surgepays is a strong investment it is important to analyze Surgepays' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Surgepays' future performance. For an informed investment choice regarding Surgepays Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surgepays. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Surgepays Stock please use our How to Invest in Surgepays guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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Is Surgepays' 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 Surgepays. If investors know Surgepays 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 Surgepays listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
1.14
Revenue Per Share
8.832
Quarterly Revenue Growth
(0.1)
Return On Assets
0.1806
The market value of Surgepays is measured differently than its book value, which is the value of Surgepays that is recorded on the company's balance sheet. Investors also form their own opinion of Surgepays' value that differs from its market value or its book value, called intrinsic value, which is Surgepays' 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 Surgepays' market value can be influenced by many factors that don't directly affect Surgepays' 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 Surgepays' value and its price as these two are different measures arrived at by different means. Investors typically determine if Surgepays is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surgepays' 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.