Singular Property Plant Equipment vs Net Invested Capital Analysis

OMIC Stock  USD 0.36  0.01  2.70%   
Singular Genomics financial indicator trend analysis is much more than just breaking down Singular Genomics Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Singular Genomics Systems is a good investment. Please check the relationship between Singular Genomics Property Plant Equipment and its Net Invested Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Singular Genomics Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Property Plant Equipment vs Net Invested Capital

Property Plant Equipment vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Singular Genomics Systems Property Plant Equipment account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Singular Genomics' Property Plant Equipment and Net Invested Capital is 0.8. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Singular Genomics Systems, assuming nothing else is changed. The correlation between historical values of Singular Genomics' Property Plant Equipment and Net Invested Capital 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 Singular Genomics Systems are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Property Plant Equipment i.e., Singular Genomics' Property Plant Equipment and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Singular Genomics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Singular Genomics Systems 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Singular Genomics Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
As of June 1, 2024, Selling General Administrative is expected to decline to about 30.3 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 3.9 M
 2021 2022 2023 2024 (projected)
Depreciation And Amortization733K3.4M7.2M7.6M
Interest Income328K3.4M8.4M8.9M

Singular Genomics fundamental ratios Correlations

0.720.960.840.990.870.970.71-0.35-0.840.970.770.720.90.870.860.980.970.680.97-0.820.940.84-0.531.00.71
0.720.610.920.650.470.821.00.38-0.970.820.131.00.830.960.750.590.780.830.81-0.340.590.980.140.661.0
0.960.610.720.960.840.880.6-0.44-0.720.920.810.620.880.790.850.960.870.60.89-0.841.00.75-0.60.960.59
0.840.920.720.780.60.860.910.15-0.950.920.340.910.910.940.840.720.930.650.91-0.410.690.940.00.790.9
0.990.650.960.780.90.950.65-0.43-0.790.950.820.660.860.830.840.990.950.650.94-0.870.950.78-0.621.00.64
0.870.470.840.60.90.860.44-0.59-0.650.760.890.460.610.690.840.930.810.640.74-0.920.850.58-0.740.90.46
0.970.820.880.860.950.860.81-0.19-0.920.950.650.820.860.940.850.940.950.830.95-0.790.870.9-0.440.950.82
0.711.00.60.910.650.440.810.4-0.970.820.111.00.840.950.710.580.770.820.81-0.320.580.980.150.651.0
-0.350.38-0.440.15-0.43-0.59-0.190.4-0.19-0.16-0.870.39-0.020.12-0.2-0.51-0.210.14-0.150.69-0.460.220.93-0.430.4
-0.84-0.97-0.72-0.95-0.79-0.65-0.92-0.97-0.19-0.9-0.33-0.97-0.86-0.99-0.83-0.74-0.89-0.86-0.890.51-0.7-0.980.05-0.79-0.97
0.970.820.920.920.950.760.950.82-0.16-0.90.610.830.970.920.850.910.980.670.99-0.680.90.91-0.340.950.81
0.770.130.810.340.820.890.650.11-0.87-0.330.610.130.480.40.620.870.650.30.6-0.920.820.3-0.920.820.11
0.721.00.620.910.660.460.821.00.39-0.970.830.130.840.960.720.60.780.820.82-0.340.590.980.140.661.0
0.90.830.880.910.860.610.860.84-0.02-0.860.970.480.840.890.820.810.910.590.95-0.530.860.92-0.180.860.82
0.870.960.790.940.830.690.940.950.12-0.990.920.40.960.890.870.790.90.860.91-0.570.770.99-0.120.830.95
0.860.750.850.840.840.840.850.71-0.2-0.830.850.620.720.820.870.820.860.670.8-0.650.850.8-0.310.850.71
0.980.590.960.720.990.930.940.58-0.51-0.740.910.870.60.810.790.820.910.650.91-0.920.950.73-0.690.990.58
0.970.780.870.930.950.810.950.77-0.21-0.890.980.650.780.910.90.860.910.640.98-0.690.850.87-0.370.950.77
0.680.830.60.650.650.640.830.820.14-0.860.670.30.820.590.860.670.650.640.67-0.610.590.83-0.180.660.84
0.970.810.890.910.940.740.950.81-0.15-0.890.990.60.820.950.910.80.910.980.67-0.680.870.91-0.350.940.81
-0.82-0.34-0.84-0.41-0.87-0.92-0.79-0.320.690.51-0.68-0.92-0.34-0.53-0.57-0.65-0.92-0.69-0.61-0.68-0.85-0.480.88-0.87-0.33
0.940.591.00.690.950.850.870.58-0.46-0.70.90.820.590.860.770.850.950.850.590.87-0.850.73-0.620.950.56
0.840.980.750.940.780.580.90.980.22-0.980.910.30.980.920.990.80.730.870.830.91-0.480.73-0.030.790.98
-0.530.14-0.60.0-0.62-0.74-0.440.150.930.05-0.34-0.920.14-0.18-0.12-0.31-0.69-0.37-0.18-0.350.88-0.62-0.03-0.610.15
1.00.660.960.791.00.90.950.65-0.43-0.790.950.820.660.860.830.850.990.950.660.94-0.870.950.79-0.610.65
0.711.00.590.90.640.460.821.00.4-0.970.810.111.00.820.950.710.580.770.840.81-0.330.560.980.150.65
Click cells to compare fundamentals

Singular Genomics Account Relationship Matchups

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When determining whether Singular Genomics Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Singular Genomics' 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 Singular Genomics Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Singular Genomics Systems Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Singular Genomics Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Singular Genomics' price analysis, check to measure Singular Genomics' 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 Singular Genomics is operating at the current time. Most of Singular Genomics' value examination focuses on studying past and present price action to predict the probability of Singular Genomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singular Genomics' price. Additionally, you may evaluate how the addition of Singular Genomics to your portfolios can decrease your overall portfolio volatility.
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Is Singular Genomics' 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 Singular Genomics. If investors know Singular 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 Singular Genomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.31)
Revenue Per Share
0.04
Quarterly Revenue Growth
0.413
Return On Assets
(0.21)
Return On Equity
(0.43)
The market value of Singular Genomics Systems is measured differently than its book value, which is the value of Singular that is recorded on the company's balance sheet. Investors also form their own opinion of Singular Genomics' value that differs from its market value or its book value, called intrinsic value, which is Singular Genomics' 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 Singular Genomics' market value can be influenced by many factors that don't directly affect Singular Genomics' 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 Singular Genomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Singular Genomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Singular Genomics' 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.