Spectral Property Plant Equipment vs Accounts Payable Analysis

MDAI Stock   1.68  0.08  4.55%   
Spectral financial indicator trend analysis is much more than just breaking down Spectral AI prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spectral AI is a good investment. Please check the relationship between Spectral Property Plant Equipment and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Spectral AI. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spectral AI Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Spectral's Property Plant Equipment and Accounts Payable is -0.59. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Spectral AI, assuming nothing else is changed. The correlation between historical values of Spectral's Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Spectral AI are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Spectral's Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Spectral obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Spectral AI are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Spectral's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spectral AI 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Spectral AI. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
The Spectral's current Issuance Of Capital Stock is estimated to increase to about 4.8 M, while Tax Provision is projected to decrease to 6,967.
 2010 2022 2023 2024 (projected)
Gross Profit7.1M10.8M7.9M9.4M
Total Revenue15.2M25.4M18.1M21.5M

Spectral fundamental ratios Correlations

0.67-0.91-0.440.83-0.140.23-0.54-0.940.860.67-0.90.740.790.91-0.980.74-0.69-0.98-0.84-0.390.970.99-0.90.74-0.52
0.67-0.75-0.920.97-0.580.860.14-0.610.780.18-0.640.770.780.67-0.680.76-0.52-0.68-0.58-0.590.670.71-0.650.77-0.68
-0.91-0.750.64-0.850.22-0.440.540.97-0.88-0.550.99-0.77-0.81-0.990.97-0.770.910.970.970.61-0.98-0.950.99-0.770.63
-0.44-0.920.64-0.830.74-0.91-0.20.48-0.56-0.110.54-0.54-0.55-0.550.5-0.540.530.50.530.53-0.51-0.50.54-0.540.52
0.830.97-0.85-0.83-0.480.72-0.05-0.750.860.35-0.760.810.840.79-0.830.81-0.59-0.83-0.69-0.560.810.85-0.770.81-0.68
-0.14-0.580.220.74-0.48-0.52-0.260.180.02-0.320.140.080.06-0.120.150.080.10.150.14-0.17-0.15-0.130.130.08-0.17
0.230.86-0.44-0.910.72-0.520.48-0.210.55-0.29-0.320.610.590.36-0.280.62-0.34-0.28-0.29-0.690.280.31-0.330.61-0.69
-0.540.140.54-0.2-0.05-0.260.480.7-0.25-0.750.65-0.09-0.14-0.610.59-0.080.660.590.690.0-0.62-0.530.64-0.09-0.07
-0.94-0.610.970.48-0.750.18-0.210.7-0.78-0.740.98-0.64-0.69-0.970.98-0.630.870.980.960.42-0.99-0.950.98-0.640.45
0.860.78-0.88-0.560.860.020.55-0.25-0.780.21-0.830.980.990.87-0.870.98-0.7-0.87-0.77-0.790.860.9-0.840.98-0.89
0.670.18-0.55-0.110.35-0.32-0.29-0.75-0.740.21-0.610.010.080.56-0.660.01-0.46-0.66-0.610.310.660.62-0.60.010.26
-0.9-0.640.990.54-0.760.14-0.320.650.98-0.83-0.61-0.71-0.75-1.00.96-0.710.940.960.990.57-0.98-0.941.0-0.710.57
0.740.77-0.77-0.540.810.080.61-0.09-0.640.980.01-0.711.00.76-0.751.0-0.59-0.75-0.64-0.860.730.79-0.721.0-0.95
0.790.78-0.81-0.550.840.060.59-0.14-0.690.990.08-0.751.00.8-0.791.0-0.62-0.79-0.68-0.830.780.83-0.761.0-0.93
0.910.67-0.99-0.550.79-0.120.36-0.61-0.970.870.56-1.00.760.8-0.970.76-0.93-0.97-0.98-0.620.980.95-1.00.76-0.62
-0.98-0.680.970.5-0.830.15-0.280.590.98-0.87-0.660.96-0.75-0.79-0.97-0.750.811.00.920.48-1.0-0.990.96-0.750.56
0.740.76-0.77-0.540.810.080.62-0.08-0.630.980.01-0.711.01.00.76-0.75-0.59-0.75-0.64-0.860.730.79-0.721.0-0.96
-0.69-0.520.910.53-0.590.1-0.340.660.87-0.7-0.460.94-0.59-0.62-0.930.81-0.590.810.970.63-0.85-0.760.94-0.590.53
-0.98-0.680.970.5-0.830.15-0.280.590.98-0.87-0.660.96-0.75-0.79-0.971.0-0.750.810.920.48-1.0-0.990.96-0.750.56
-0.84-0.580.970.53-0.690.14-0.290.690.96-0.77-0.610.99-0.64-0.68-0.980.92-0.640.970.920.55-0.95-0.880.99-0.640.51
-0.39-0.590.610.53-0.56-0.17-0.690.00.42-0.790.310.57-0.86-0.83-0.620.48-0.860.630.480.55-0.49-0.490.58-0.860.95
0.970.67-0.98-0.510.81-0.150.28-0.62-0.990.860.66-0.980.730.780.98-1.00.73-0.85-1.0-0.95-0.490.98-0.980.73-0.55
0.990.71-0.95-0.50.85-0.130.31-0.53-0.950.90.62-0.940.790.830.95-0.990.79-0.76-0.99-0.88-0.490.98-0.940.79-0.6
-0.9-0.650.990.54-0.770.13-0.330.640.98-0.84-0.61.0-0.72-0.76-1.00.96-0.720.940.960.990.58-0.98-0.94-0.720.58
0.740.77-0.77-0.540.810.080.61-0.09-0.640.980.01-0.711.01.00.76-0.751.0-0.59-0.75-0.64-0.860.730.79-0.72-0.95
-0.52-0.680.630.52-0.68-0.17-0.69-0.070.45-0.890.260.57-0.95-0.93-0.620.56-0.960.530.560.510.95-0.55-0.60.58-0.95
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Spectral Account Relationship Matchups

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When determining whether Spectral AI is a strong investment it is important to analyze Spectral's 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 Spectral's future performance. For an informed investment choice regarding Spectral Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Spectral AI. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Spectral AI information on this page should be used as a complementary analysis to other Spectral's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Is Spectral'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 Spectral. If investors know Spectral 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 Spectral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.21)
Revenue Per Share
0.139
Quarterly Revenue Growth
(0.51)
Return On Assets
(0.48)
Return On Equity
(2.83)
The market value of Spectral AI is measured differently than its book value, which is the value of Spectral that is recorded on the company's balance sheet. Investors also form their own opinion of Spectral's value that differs from its market value or its book value, called intrinsic value, which is Spectral'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 Spectral's market value can be influenced by many factors that don't directly affect Spectral'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 Spectral's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectral is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectral'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.