Saia Cash And Short Term Investments from 2010 to 2024

SAIA Stock  USD 541.69  7.50  1.37%   
Saia's Cash And Short Term Investments are increasing over the years with slightly volatile fluctuation. Overall, Cash And Short Term Investments are expected to go to about 311 M this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2002-09-30
Previous Quarter
11.2 M
Current Value
14.4 M
Quarterly Volatility
58.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Saia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Saia's main balance sheet or income statement drivers, such as Depreciation And Amortization of 187.8 M, Interest Expense of 4.4 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 4.25, Dividend Yield of 0.0 or PTB Ratio of 6.31. Saia financial statements analysis is a perfect complement when working with Saia Valuation or Volatility modules.
  
Check out the analysis of Saia Correlation against competitors.

Latest Saia's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Saia Inc over the last few years. Short Term Investments is an account in the current assets section of Saia Inc balance sheet. This account contains Saia investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Saia Inc fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Saia's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Saia's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Saia Cash And Short Term Investments Regression Statistics

Arithmetic Mean63,055,850
Geometric Mean4,982,540
Coefficient Of Variation175.80
Mean Deviation86,532,713
Median4,322,000
Standard Deviation110,849,125
Sample Variance12287.5T
Range310.9M
R-Value0.77
Mean Square Error5395.5T
R-Squared0.59
Significance0.0008
Slope19,075,362
Total Sum of Squares172025.4T

Saia Cash And Short Term Investments History

2024311 M
2023296.2 M
2022187.4 M
2021106.6 M
202025.3 M
2019248 K
20182.2 M

About Saia Financial Statements

Saia stakeholders use historical fundamental indicators, such as Saia's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Saia investors may analyze each financial statement separately, they are all interrelated. For example, changes in Saia's assets and liabilities are reflected in the revenues and expenses on Saia's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Saia Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments296.2 M311 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Saia Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saia'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 Saia Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saia Inc Stock:
Check out the analysis of Saia Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Cargo Ground Transportation space 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 Saia. If investors know Saia 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 Saia 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
(0.06)
Earnings Share
14.03
Revenue Per Share
118.876
Quarterly Revenue Growth
0.086
Return On Assets
0.111
The market value of Saia Inc is measured differently than its book value, which is the value of Saia that is recorded on the company's balance sheet. Investors also form their own opinion of Saia's value that differs from its market value or its book value, called intrinsic value, which is Saia'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 Saia's market value can be influenced by many factors that don't directly affect Saia'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 Saia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saia'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.