Servotronics Long Term Debt Total vs Net Tangible Assets Analysis

SVT Stock  USD 13.00  0.02  0.15%   
Servotronics financial indicator trend analysis is much more than just breaking down Servotronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Servotronics is a good investment. Please check the relationship between Servotronics Long Term Debt Total and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Servotronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Servotronics Stock please use our How to Invest in Servotronics guide.

Long Term Debt Total vs Net Tangible Assets

Long Term Debt Total vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Servotronics Long Term Debt Total account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Servotronics' Long Term Debt Total and Net Tangible Assets is -0.08. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Servotronics, assuming nothing else is changed. The correlation between historical values of Servotronics' Long Term Debt Total and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Servotronics are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt Total i.e., Servotronics' Long Term Debt Total and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt Total

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Servotronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Servotronics 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 Servotronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Servotronics Stock please use our How to Invest in Servotronics guide.At this time, Servotronics' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue40.6M43.8M43.6M28.4M
Depreciation And Amortization1.4M1.2M1.1M728.6K

Servotronics fundamental ratios Correlations

0.50.50.620.960.910.040.950.420.930.430.420.560.70.70.96-0.070.850.830.990.120.50.58-0.4-0.220.36
0.50.210.310.370.480.50.360.40.430.350.40.00.160.690.58-0.310.170.650.510.230.030.19-0.06-0.23-0.22
0.50.210.820.330.530.150.290.050.540.150.050.350.550.340.360.10.490.710.460.040.210.22-0.14-0.130.22
0.620.310.820.480.630.370.39-0.10.630.21-0.10.520.570.260.530.110.590.760.590.30.550.2-0.11-0.170.16
0.960.370.330.480.88-0.120.980.480.910.530.480.50.610.550.92-0.160.830.650.950.050.490.51-0.33-0.260.3
0.910.480.530.630.880.160.830.270.990.540.270.570.60.550.83-0.170.760.740.840.060.550.38-0.16-0.140.16
0.040.50.150.37-0.120.16-0.19-0.590.11-0.28-0.590.380.210.240.10.250.00.380.020.440.39-0.030.020.17-0.1
0.950.360.290.390.980.83-0.190.550.860.490.550.430.620.610.93-0.190.780.640.950.010.430.58-0.4-0.290.34
0.420.40.05-0.10.480.27-0.590.550.280.631.0-0.41-0.070.380.43-0.570.150.20.46-0.26-0.380.19-0.07-0.43-0.12
0.930.430.540.630.910.990.110.860.280.50.280.60.660.570.85-0.130.810.750.870.060.550.45-0.24-0.140.25
0.430.350.150.210.530.54-0.280.490.630.50.63-0.24-0.210.00.35-0.820.140.120.38-0.370.12-0.30.51-0.59-0.57
0.420.40.05-0.10.480.27-0.590.551.00.280.63-0.41-0.070.380.43-0.570.150.20.46-0.26-0.380.19-0.07-0.43-0.12
0.560.00.350.520.50.570.380.43-0.410.6-0.24-0.410.690.370.490.610.750.560.530.320.690.44-0.430.430.64
0.70.160.550.570.610.60.210.62-0.070.66-0.21-0.070.690.580.70.410.750.730.690.40.450.78-0.70.080.71
0.70.690.340.260.550.550.240.610.380.570.00.380.370.580.740.130.510.830.720.090.120.69-0.590.050.44
0.960.580.360.530.920.830.10.930.430.850.350.430.490.70.74-0.080.780.810.970.210.480.67-0.5-0.210.37
-0.07-0.310.10.11-0.16-0.170.25-0.19-0.57-0.13-0.82-0.570.610.410.13-0.080.350.15-0.040.490.040.4-0.610.720.77
0.850.170.490.590.830.760.00.780.150.810.140.150.750.750.510.780.350.690.840.320.420.62-0.560.120.63
0.830.650.710.760.650.740.380.640.20.750.120.20.560.730.830.810.150.690.830.240.40.58-0.46-0.070.39
0.990.510.460.590.950.840.020.950.460.870.380.460.530.690.720.97-0.040.840.830.140.460.61-0.45-0.240.39
0.120.230.040.30.050.060.440.01-0.260.06-0.37-0.260.320.40.090.210.490.320.240.140.010.34-0.440.390.34
0.50.030.210.550.490.550.390.43-0.380.550.12-0.380.690.450.120.480.040.420.40.460.010.130.0-0.080.13
0.580.190.220.20.510.38-0.030.580.190.45-0.30.190.440.780.690.670.40.620.580.610.340.13-0.950.250.82
-0.4-0.06-0.14-0.11-0.33-0.160.02-0.4-0.07-0.240.51-0.07-0.43-0.7-0.59-0.5-0.61-0.56-0.46-0.45-0.440.0-0.95-0.39-0.9
-0.22-0.23-0.13-0.17-0.26-0.140.17-0.29-0.43-0.14-0.59-0.430.430.080.05-0.210.720.12-0.07-0.240.39-0.080.25-0.390.52
0.36-0.220.220.160.30.16-0.10.34-0.120.25-0.57-0.120.640.710.440.370.770.630.390.390.340.130.82-0.90.52
Click cells to compare fundamentals

Servotronics Account Relationship Matchups

Servotronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.5M50.3M50.1M45.3M37.7M27.9M
Short Long Term Debt Total6.0M9.9M5.0M501K2.1M2.0M
Other Current Liab3.3M2.5M3.3M2.6M3.8M2.0M
Total Current Liabilities8.6M6.8M4.2M6.2M7.9M4.0M
Total Stockholder Equity33.5M33.7M35.4M35.1M24.5M18.6M
Property Plant And Equipment Net12.7M12.0M10.6M10.7M7.0M7.4M
Net Debt4.0M4.0M(4.5M)(3.5M)1.9M1.4M
Retained Earnings20.5M21.8M25.9M23.7M13.0M7.5M
Cash2.0M5.9M9.5M4.0M245K232.8K
Non Current Assets Total13.2M12.5M11.8M12.0M8.2M7.9M
Non Currrent Assets Other345K331K321K314K42.0K39.9K
Cash And Short Term Investments2.0M5.9M9.5M4.0M245K232.8K
Net Receivables13.2M7.6M7.2M9.5M12.1M12.7M
Common Stock Shares Outstanding2.4M2.4M2.4M2.4M2.5M2.3M
Liabilities And Stockholders Equity49.5M50.3M50.1M45.3M37.7M27.9M
Non Current Liabilities Total7.3M9.8M10.5M4.0M5.3M5.3M
Inventory20.2M23.4M20.1M19.0M14.2M10.4M
Other Current Assets522K383K647K597K3.1M3.2M
Other Stockholder Equity12.4M12.8M12.9M13.2M13.5M12.3M
Total Liab15.9M16.6M14.7M10.2M13.2M9.3M
Total Current Assets36.3M37.8M38.3M33.3M29.6M20.0M
Short Term Debt849K2.6M276K501K2.1M2.2M
Accounts Payable4.5M1.6M663K3.1M2.1M1.5M
Property Plant And Equipment Gross12.7M32.7M32.5M33.7M24.1M25.3M
Accumulated Other Comprehensive Income98K(1.4M)(3.9M)(2.3M)(2.4M)(2.6M)
Other Liab1.8M2.1M2.5M5.7M6.6M6.9M
Other Assets666K452K12.5K1.4M1.00.95
Long Term Debt3.0M2.4M5.2M7.3M4.8M0.0
Treasury Stock(1.5M)(1.5M)(1.4M)(1.3M)(1.2M)(1.3M)
Property Plant Equipment12.7M12.0M10.6M10.7M12.3M9.0M
Net Tangible Assets31.5M33.5M33.7M35.4M40.7M30.6M
Retained Earnings Total Equity15.7M18.8M20.5M21.8M25.1M16.6M
Long Term Debt Total3.0M2.4M5.2M7.3M4.8M0.0
Capital Surpluse14.4M14.5M14.5M14.6M16.7M15.6M
Cash And Equivalents2.0M5.9M9.5M4.0M4.6M5.1M
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 Servotronics 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, Servotronics' short interest history, or implied volatility extrapolated from Servotronics options trading.

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When determining whether Servotronics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Servotronics Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Servotronics Stock. Highlighted below are key reports to facilitate an investment decision about Servotronics Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Servotronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Servotronics Stock please use our How to Invest in Servotronics guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is Servotronics' 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 Servotronics. If investors know Servotronics 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 Servotronics 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
(0.41)
Earnings Share
(1.44)
Revenue Per Share
17.664
Quarterly Revenue Growth
0.461
Return On Assets
(0.03)
The market value of Servotronics is measured differently than its book value, which is the value of Servotronics that is recorded on the company's balance sheet. Investors also form their own opinion of Servotronics' value that differs from its market value or its book value, called intrinsic value, which is Servotronics' 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 Servotronics' market value can be influenced by many factors that don't directly affect Servotronics' 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 Servotronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Servotronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Servotronics' 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.