Shareate Total Stockholder Equity vs Total Liab Analysis

688257 Stock   17.99  0.22  1.24%   
Shareate Tools financial indicator trend analysis is much more than just breaking down Shareate Tools prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shareate Tools is a good investment. Please check the relationship between Shareate Tools Total Stockholder Equity and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shareate Tools. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Stockholder Equity vs Total Liab

Total Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shareate Tools Total Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shareate Tools' Total Stockholder Equity and Total Liab is 0.91. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Shareate Tools, assuming nothing else is changed. The correlation between historical values of Shareate Tools' Total Stockholder Equity and Total Liab 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 Stockholder Equity of Shareate Tools are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., Shareate Tools' Total Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Shareate Tools' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shareate Tools 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Shareate Tools. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 118.7 M, whereas Tax Provision is forecasted to decline to about 28.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.7M4.3M8.5M4.7M
Depreciation And Amortization21.4M54.3M62.4M65.5M

Shareate Tools fundamental ratios Correlations

0.880.160.950.990.880.080.980.970.790.970.440.820.830.80.850.960.690.930.961.00.840.870.990.440.9
0.880.210.920.840.810.370.920.850.560.920.180.580.820.80.860.90.410.770.930.850.980.950.850.480.87
0.160.21-0.030.23-0.19-0.490.160.020.290.040.520.32-0.08-0.34-0.07-0.020.340.00.00.20.140.230.05-0.68-0.16
0.950.92-0.030.910.90.330.960.980.610.990.190.640.920.930.871.00.540.871.00.930.90.860.960.630.98
0.990.840.230.910.84-0.040.960.940.850.930.540.880.760.730.820.920.740.940.911.00.780.840.980.350.84
0.880.81-0.190.90.840.410.880.880.590.90.140.60.840.810.950.90.550.950.90.850.790.820.870.570.92
0.080.37-0.490.33-0.040.410.170.21-0.450.3-0.81-0.450.520.450.390.3-0.260.10.320.00.460.330.070.540.46
0.980.920.160.960.960.880.170.950.730.970.380.760.820.820.90.960.570.910.970.970.870.930.970.480.9
0.970.850.020.980.940.880.210.950.660.990.280.70.910.870.830.980.640.890.980.950.820.810.970.540.96
0.790.560.290.610.850.59-0.450.730.660.620.870.990.310.440.620.610.60.810.620.840.450.570.80.170.48
0.970.920.040.990.930.90.30.970.990.620.210.650.930.890.861.00.590.880.990.940.90.890.960.560.97
0.440.180.520.190.540.14-0.810.380.280.870.210.86-0.12-0.010.220.190.460.440.210.510.050.210.44-0.220.02
0.820.580.320.640.880.6-0.450.760.70.990.650.860.370.460.620.650.670.820.650.870.480.590.830.150.52
0.830.82-0.080.920.760.840.520.820.910.310.93-0.120.370.830.740.920.570.730.90.780.850.780.80.530.96
0.80.8-0.340.930.730.810.450.820.870.440.89-0.010.460.830.780.920.270.720.920.760.810.730.850.870.93
0.850.86-0.070.870.820.950.390.90.830.620.860.220.620.740.780.850.370.910.890.830.810.870.840.560.85
0.960.9-0.021.00.920.90.30.960.980.611.00.190.650.920.920.850.580.880.990.930.890.870.960.610.98
0.690.410.340.540.740.55-0.260.570.640.60.590.460.670.570.270.370.580.680.510.720.410.460.64-0.160.52
0.930.770.00.870.940.950.10.910.890.810.880.440.820.730.720.910.880.680.870.940.730.80.930.430.84
0.960.930.01.00.910.90.320.970.980.620.990.210.650.90.920.890.990.510.870.930.910.880.960.630.97
1.00.850.20.931.00.850.00.970.950.840.940.510.870.780.760.830.930.720.940.930.80.850.980.390.86
0.840.980.140.90.780.790.460.870.820.450.90.050.480.850.810.810.890.410.730.910.80.930.80.510.88
0.870.950.230.860.840.820.330.930.810.570.890.210.590.780.730.870.870.460.80.880.850.930.830.40.83
0.990.850.050.960.980.870.070.970.970.80.960.440.830.80.850.840.960.640.930.960.980.80.830.530.91
0.440.48-0.680.630.350.570.540.480.540.170.56-0.220.150.530.870.560.61-0.160.430.630.390.510.40.530.66
0.90.87-0.160.980.840.920.460.90.960.480.970.020.520.960.930.850.980.520.840.970.860.880.830.910.66
Click cells to compare fundamentals

Shareate Tools Account Relationship Matchups

Shareate Tools fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets882.0M986.9M2.6B3.1B3.5B2.0B
Short Long Term Debt Total172.1M98.5M128.0M222.2M255.5M139.8M
Other Current Liab112.3M94.4M119.5M130.4M40.5M38.5M
Total Current Liabilities407.5M375.1M541.5M782.3M1.0B591.5M
Total Stockholder Equity374.2M514.7M2.0B2.1B2.1B1.2B
Property Plant And Equipment Net106.0M111.4M299.1M555.0M705.5M740.8M
Net Debt61.0M(11.6M)(336.0M)22.8M126.4M132.8M
Retained Earnings216.7M288.1M413.3M513.4M597.7M365.0M
Accounts Payable157.0M216.8M337.9M474.8M567.8M322.1M
Cash111.1M110.1M464.0M199.4M253.5M207.4M
Non Current Assets Total263.7M299.0M485.5M858.9M1.0B525.4M
Non Currrent Assets Other51.7M81.1M452.5M87.4M41.7M39.6M
Cash And Short Term Investments111.1M110.1M878.6M391.7M450.5M306.8M
Good Will51.9M53.3M49.1M101.9M103.3M73.1M
Common Stock Shares Outstanding66.1M68.7M73.5M92.8M181.9M96.1M
Liabilities And Stockholders Equity882.0M986.9M2.6B3.1B3.6B3.8B
Non Current Liabilities Total57.4M58.8M71.3M97.0M145.6M152.8M
Inventory175.6M191.8M311.9M496.3M648.1M336.9M
Other Current Assets7.4M4.2M524.9M729.0M287.6M312.3M
Other Stockholder Equity91.5M157.0M1.5B1.4B1.7B1.7B
Total Liab464.9M433.9M612.8M879.3M1.2B660.4M
Total Current Assets618.3M687.9M2.2B2.3B2.4B1.4B
Short Term Debt138.2M63.9M84.1M177.0M203.5M110.9M
Intangible Assets35.1M34.4M35.8M68.4M67.8M44.3M

Currently Active Assets on Macroaxis

Other Information on Investing in Shareate Stock

Balance Sheet is a snapshot of the financial position of Shareate Tools at a specified time, usually calculated after every quarter, six months, or one year. Shareate Tools Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shareate Tools and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shareate currently owns. An asset can also be divided into two categories, current and non-current.