Siyata Total Current Assets vs Current Deferred Revenue Analysis

SYTA Stock  USD 1.58  0.10  5.95%   
Siyata MobileInc financial indicator trend analysis is much more than just breaking down Siyata MobileInc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Siyata MobileInc is a good investment. Please check the relationship between Siyata MobileInc Total Current Assets and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siyata MobileInc. 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 information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.

Total Current Assets vs Current Deferred Revenue

Total Current Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Siyata MobileInc Total Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Siyata MobileInc's Total Current Assets and Current Deferred Revenue is -0.81. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Siyata MobileInc, assuming nothing else is changed. The correlation between historical values of Siyata MobileInc's Total Current Assets and Current Deferred Revenue 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 Current Assets of Siyata MobileInc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Assets i.e., Siyata MobileInc's Total Current Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Siyata MobileInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Siyata MobileInc 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 Siyata MobileInc. 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 information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.At present, Siyata MobileInc's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 14.6 M, whereas Enterprise Value Over EBITDA is forecasted to decline to (0.25).
 2021 2022 2023 2024 (projected)
Gross Profit1.9M1.4M903.0K1.5M
Total Revenue7.5M6.5M8.2M7.0M

Siyata MobileInc fundamental ratios Correlations

0.90.96-0.210.43-0.520.810.90.880.270.90.860.30.370.480.7-0.030.89-0.240.940.310.730.850.780.86-0.85
0.90.79-0.030.51-0.740.830.730.840.350.730.750.470.220.450.6-0.010.92-0.070.810.260.70.780.790.79-0.84
0.960.79-0.250.25-0.410.710.870.790.270.870.830.270.20.410.760.050.74-0.270.930.330.740.740.780.78-0.72
-0.21-0.03-0.25-0.03-0.2-0.13-0.24-0.050.05-0.24-0.350.12-0.240.0-0.160.29-0.131.0-0.29-0.37-0.07-0.16-0.04-0.160.11
0.430.510.25-0.03-0.370.440.350.460.270.350.260.050.550.170.24-0.470.65-0.040.340.00.120.770.520.41-0.49
-0.52-0.74-0.41-0.2-0.37-0.77-0.21-0.75-0.74-0.21-0.27-0.910.01-0.58-0.04-0.09-0.61-0.18-0.270.23-0.15-0.36-0.4-0.720.71
0.810.830.71-0.130.44-0.770.580.950.550.580.620.630.410.680.23-0.030.86-0.170.60.00.310.630.440.91-0.94
0.90.730.87-0.240.35-0.210.580.66-0.081.00.82-0.030.470.290.80.010.8-0.260.950.490.830.870.740.7-0.73
0.880.840.79-0.050.46-0.750.950.660.530.660.670.590.440.690.31-0.070.87-0.080.67-0.050.370.710.520.95-0.93
0.270.350.270.050.27-0.740.55-0.080.53-0.08-0.010.81-0.20.42-0.140.090.210.040.0-0.34-0.20.120.230.48-0.41
0.90.730.87-0.240.35-0.210.581.00.66-0.080.82-0.030.470.290.80.010.8-0.260.950.490.830.870.740.7-0.73
0.860.750.83-0.350.26-0.270.620.820.67-0.010.820.070.390.330.630.10.77-0.380.890.570.740.690.610.64-0.67
0.30.470.270.120.05-0.910.63-0.030.590.81-0.030.07-0.230.57-0.180.160.310.110.03-0.37-0.080.030.150.58-0.51
0.370.220.2-0.240.550.010.410.470.44-0.20.470.39-0.230.34-0.03-0.370.58-0.250.310.050.010.59-0.020.44-0.54
0.480.450.410.00.17-0.580.680.290.690.420.290.330.570.34-0.060.110.51-0.070.3-0.170.030.270.090.73-0.65
0.70.60.76-0.160.24-0.040.230.80.31-0.140.80.63-0.18-0.03-0.060.050.49-0.180.870.580.910.670.90.32-0.32
-0.03-0.010.050.29-0.47-0.09-0.030.01-0.070.090.010.10.16-0.370.110.05-0.150.25-0.010.450.22-0.240.0-0.070.01
0.890.920.74-0.130.65-0.610.860.80.870.210.80.770.310.580.510.49-0.15-0.160.790.230.590.890.650.84-0.92
-0.24-0.07-0.271.0-0.04-0.18-0.17-0.26-0.080.04-0.26-0.380.11-0.25-0.07-0.180.25-0.16-0.31-0.4-0.09-0.18-0.06-0.180.14
0.940.810.93-0.290.34-0.270.60.950.670.00.950.890.030.310.30.87-0.010.79-0.310.510.870.820.830.69-0.69
0.310.260.33-0.370.00.230.00.49-0.05-0.340.490.57-0.370.05-0.170.580.450.23-0.40.510.660.310.41-0.05-0.1
0.730.70.74-0.070.12-0.150.310.830.37-0.20.830.74-0.080.010.030.910.220.59-0.090.870.660.630.810.37-0.44
0.850.780.74-0.160.77-0.360.630.870.710.120.870.690.030.590.270.67-0.240.89-0.180.820.310.630.790.69-0.76
0.780.790.78-0.040.52-0.40.440.740.520.230.740.610.15-0.020.090.90.00.65-0.060.830.410.810.790.51-0.51
0.860.790.78-0.160.41-0.720.910.70.950.480.70.640.580.440.730.32-0.070.84-0.180.69-0.050.370.690.51-0.95
-0.85-0.84-0.720.11-0.490.71-0.94-0.73-0.93-0.41-0.73-0.67-0.51-0.54-0.65-0.320.01-0.920.14-0.69-0.1-0.44-0.76-0.51-0.95
Click cells to compare fundamentals

Siyata MobileInc Account Relationship Matchups

Siyata MobileInc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.1M31.1M12.1M16.1M15.5M16.3M
Total Current Liabilities3.3M9.4M6.9M6.3M5.4M5.7M
Total Stockholder Equity8.5M21.3M2.5M9.2M9.7M10.2M
Property Plant And Equipment Net243.9K432.5K1.3M1.1M806.1K749.4K
Net Debt2.8M1.6M2.8M(974.7K)1.3M1.4M
Retained Earnings(25.1M)(38.9M)(62.5M)(77.8M)(90.8M)(86.2M)
Accounts Payable2.0M2.6M2.6M3.1M3.4M3.6M
Cash2.7M5.5M1.6M1.9M898.8K912.1K
Non Current Assets Total7.7M8.0M5.9M8.2M8.8M9.3M
Non Currrent Assets Other199.3K214.5K168.2K150.2K7.9M8.2M
Cash And Short Term Investments2.7M5.5M1.6M1.9M898.8K912.1K
Net Receivables1.5M2.7M1.5M1.6M1.2M718.9K
Common Stock Shares Outstanding8.1K14.8K48.5K209.1K228.6K240.0K
Liabilities And Stockholders Equity16.1M31.1M12.1M16.1M15.5M16.3M
Non Current Liabilities Total4.4M408.5K2.7M635.2K385.6K366.4K
Inventory3.4M2.4M2.4M4.1M4.6M3.1M
Other Current Assets900.6K12.5M624.4K329.4K29.7K28.2K
Total Liab7.6M9.8M9.6M6.9M5.8M6.1M
Property Plant And Equipment Gross318.6K432.5K1.3M1.1M806.1K798.5K
Total Current Assets8.4M23.1M6.2M7.9M6.7M3.8M
Accumulated Other Comprehensive Income5.0M10.1M10.4M13.7M14.7M15.5M
Other Current Liab76.6K8.6M2.5M2.7M156.4K148.6K
Short Long Term Debt Total5.5M7.0M4.4M939.0K2.2M2.9M
Short Term Debt1.2M6.8M1.7M303.8K1.8M1.9M
Intangible Assets6.4M6.5M4.4M7.0M7.9M5.9M
Net Tangible Assets6.7M9.3M20.2M2.4M2.8M2.6M
Long Term Debt4.1M5.4M51.8K1.9M1.7M2.0M
Deferred Long Term Liab6.1M7.7M6.3M4.3M4.9M6.1M
Common Stock28.6M50.1M54.7M73.3M85.7M48.0M
Property Plant Equipment54.4K318.6K432.5K1.3M1.5M1.6M
Net Invested Capital17.9M27.9M5.9M9.2M11.3M11.8M
Net Working Capital6.7M13.7M(669.0K)1.6M1.3M1.2M
Capital Stock28.6M50.1M54.7M73.3M85.7M57.3M

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When determining whether Siyata MobileInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Siyata MobileInc'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 Siyata Mobileinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Siyata Mobileinc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siyata MobileInc. 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 information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Siyata MobileInc'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 Siyata MobileInc. If investors know Siyata 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 Siyata MobileInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.38)
Revenue Per Share
25.104
Quarterly Revenue Growth
0.308
Return On Assets
(0.45)
Return On Equity
(1.13)
The market value of Siyata MobileInc is measured differently than its book value, which is the value of Siyata that is recorded on the company's balance sheet. Investors also form their own opinion of Siyata MobileInc's value that differs from its market value or its book value, called intrinsic value, which is Siyata MobileInc'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 Siyata MobileInc's market value can be influenced by many factors that don't directly affect Siyata MobileInc'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 Siyata MobileInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siyata MobileInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siyata MobileInc'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.