Saga Net Debt vs Total Current Assets Analysis

SAGA Stock

113.80 3.00 2.71%

Saga Plc financial indicator trend analysis is much more than just breaking down Saga plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saga plc is a good investment. Please check the relationship between Saga Plc Net Debt and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saga plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saga plc Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Saga Plc's Net Debt and Total Current Assets is 0.66. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Saga plc, assuming nothing else is changed. The correlation between historical values of Saga Plc's Net Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Saga plc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Saga Plc's Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

Most indicators from Saga Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saga plc 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 Saga plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 486.6 M in 2024, whereas Discontinued Operations is likely to drop (9.2 M) in 2024.

	2021	2022	2024 (projected)
Gross Profit	222.8M	262.7M	299.7M
Total Revenue	377.2M	581.1M	680.2M

Gross Profit Total Revenue

Saga Plc fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.92	-0.14	-0.01	0.53	0.76	-0.62	-0.37	0.93	0.84	-0.65	0.64	0.98	0.35	-0.36	0.93	0.33	0.44	0.76	-0.5	-0.29	0.86	-0.13	-0.56	-0.97	0.96
Short Long Term Debt Total	0.92		0.0	0.29	0.18	0.68	-0.31	-0.14	1.0	0.6	-0.48	0.78	0.96	0.34	-0.59	1.0	0.59	0.36	0.46	-0.19	-0.59	0.98	0.06	-0.58	-0.91	0.99
Other Current Liab	-0.14	0.0		0.06	-0.37	-0.24	0.26	0.12	-0.03	-0.4	0.32	0.18	-0.16	0.05	0.07	0.0	0.24	-0.85	-0.32	0.23	0.0	-0.03	0.29	-0.21	0.25	-0.04
Total Current Liabilities	-0.01	0.29	0.06		-0.64	0.24	0.55	0.45	0.25	-0.37	0.0	0.53	0.18	0.18	-0.83	0.28	0.74	0.07	-0.46	0.55	-0.66	0.43	0.43	-0.08	-0.04	0.21
Total Stockholder Equity	0.53	0.18	-0.37	-0.64		0.44	-0.79	-0.57	0.21	0.88	-0.61	-0.08	0.39	-0.07	0.34	0.19	-0.41	0.44	0.93	-0.78	0.49	0.08	-0.5	-0.2	-0.43	0.29
Other Liab	0.76	0.68	-0.24	0.24	0.44		-0.49	-0.32	0.66	0.66	-0.74	0.63	0.81	0.54	-0.51	0.68	0.37	0.47	0.65	-0.34	-0.21	0.72	-0.1	-0.31	-0.7	0.73
Property Plant And Equipment Net	-0.62	-0.31	0.26	0.55	-0.79	-0.49		0.51	-0.34	-0.81	0.55	0.0	-0.5	-0.39	-0.29	-0.31	0.38	-0.29	-0.87	0.89	-0.38	-0.22	0.33	0.18	0.62	-0.43
Current Deferred Revenue	-0.37	-0.14	0.12	0.45	-0.57	-0.32	0.51		-0.15	-0.49	0.54	-0.02	-0.28	-0.08	-0.22	-0.15	0.2	-0.13	-0.57	0.47	-0.5	-0.07	0.4	0.14	0.26	-0.22
Net Debt	0.93	1.0	-0.03	0.25	0.21	0.66	-0.34	-0.15		0.63	-0.49	0.73	0.96	0.32	-0.57	1.0	0.53	0.39	0.49	-0.23	-0.57	0.96	0.02	-0.54	-0.93	0.99
Retained Earnings	0.84	0.6	-0.4	-0.37	0.88	0.66	-0.81	-0.49	0.63		-0.71	0.24	0.76	0.12	-0.01	0.6	-0.11	0.6	0.97	-0.75	0.09	0.51	-0.4	-0.37	-0.8	0.69
Accounts Payable	-0.65	-0.48	0.32	0.0	-0.61	-0.74	0.55	0.54	-0.49	-0.71		-0.29	-0.66	-0.09	0.31	-0.49	-0.09	-0.53	-0.7	0.63	-0.02	-0.44	0.56	0.26	0.61	-0.53
Cash	0.64	0.78	0.18	0.53	-0.08	0.63	0.0	-0.02	0.73	0.24	-0.29		0.7	0.37	-0.64	0.78	0.9	0.08	0.16	0.15	-0.59	0.82	0.37	-0.75	-0.56	0.76
Non Current Assets Total	0.98	0.96	-0.16	0.18	0.39	0.81	-0.5	-0.28	0.96	0.76	-0.66	0.7		0.4	-0.55	0.96	0.44	0.49	0.65	-0.39	-0.44	0.94	-0.09	-0.52	-0.96	0.98
Non Currrent Assets Other	0.35	0.34	0.05	0.18	-0.07	0.54	-0.39	-0.08	0.32	0.12	-0.09	0.37	0.4		-0.27	0.34	0.17	0.03	0.16	-0.1	-0.13	0.43	0.32	-0.09	-0.37	0.38
Other Assets	-0.36	-0.59	0.07	-0.83	0.34	-0.51	-0.29	-0.22	-0.57	-0.01	0.31	-0.64	-0.55	-0.27		-0.59	-0.73	-0.33	0.12	-0.22	0.76	-0.72	-0.07	0.24	0.4	-0.53
Long Term Debt	0.93	1.0	0.0	0.28	0.19	0.68	-0.31	-0.15	1.0	0.6	-0.49	0.78	0.96	0.34	-0.59		0.59	0.36	0.47	-0.2	-0.59	0.98	0.05	-0.58	-0.92	0.99
Cash And Short Term Investments	0.33	0.59	0.24	0.74	-0.41	0.37	0.38	0.2	0.53	-0.11	-0.09	0.9	0.44	0.17	-0.73	0.59		-0.05	-0.22	0.43	-0.68	0.66	0.43	-0.62	-0.28	0.52
Net Receivables	0.44	0.36	-0.85	0.07	0.44	0.47	-0.29	-0.13	0.39	0.6	-0.53	0.08	0.49	0.03	-0.33	0.36	-0.05		0.46	-0.26	-0.25	0.37	-0.32	-0.04	-0.53	0.38
Good Will	0.76	0.46	-0.32	-0.46	0.93	0.65	-0.87	-0.57	0.49	0.97	-0.7	0.16	0.65	0.16	0.12	0.47	-0.22	0.46		-0.81	0.28	0.38	-0.41	-0.28	-0.69	0.57
Common Stock Shares Outstanding	-0.5	-0.19	0.23	0.55	-0.78	-0.34	0.89	0.47	-0.23	-0.75	0.63	0.15	-0.39	-0.1	-0.22	-0.2	0.43	-0.26	-0.81		-0.4	-0.11	0.62	0.15	0.5	-0.3
Short Term Investments	-0.29	-0.59	0.0	-0.66	0.49	-0.21	-0.38	-0.5	-0.57	0.09	-0.02	-0.59	-0.44	-0.13	0.76	-0.59	-0.68	-0.25	0.28	-0.4		-0.65	-0.16	0.23	0.38	-0.49
Non Current Liabilities Total	0.86	0.98	-0.03	0.43	0.08	0.72	-0.22	-0.07	0.96	0.51	-0.44	0.82	0.94	0.43	-0.72	0.98	0.66	0.37	0.38	-0.11	-0.65		0.12	-0.53	-0.86	0.96
Inventory	-0.13	0.06	0.29	0.43	-0.5	-0.1	0.33	0.4	0.02	-0.4	0.56	0.37	-0.09	0.32	-0.07	0.05	0.43	-0.32	-0.41	0.62	-0.16	0.12		-0.21	0.13	0.02
Other Current Assets	-0.56	-0.58	-0.21	-0.08	-0.2	-0.31	0.18	0.14	-0.54	-0.37	0.26	-0.75	-0.52	-0.09	0.24	-0.58	-0.62	-0.04	-0.28	0.15	0.23	-0.53	-0.21		0.46	-0.58
Other Stockholder Equity	-0.97	-0.91	0.25	-0.04	-0.43	-0.7	0.62	0.26	-0.93	-0.8	0.61	-0.56	-0.96	-0.37	0.4	-0.92	-0.28	-0.53	-0.69	0.5	0.38	-0.86	0.13	0.46		-0.94
Total Liab	0.96	0.99	-0.04	0.21	0.29	0.73	-0.43	-0.22	0.99	0.69	-0.53	0.76	0.98	0.38	-0.53	0.99	0.52	0.38	0.57	-0.3	-0.49	0.96	0.02	-0.58	-0.94

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Saga Plc Account Relationship Matchups

Saga Plc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.2B	2.3B	2.0B	1.9B	2.3B
Short Long Term Debt Total	664.6M	823.8M	934.6M	895.5M	824.4M	878.0M
Other Current Liab	(375.3M)	118.1M	(303.3M)	282.7M	159.8M	167.8M
Total Current Liabilities	439.4M	252.4M	368.8M	435.9M	363M	281.0M
Total Stockholder Equity	588.2M	680.7M	652.9M	369.5M	223.5M	212.3M
Other Liab	16.3M	27.3M	128.2M	21.6M	19.4M	18.5M
Property Plant And Equipment Net	450.7M	663M	682.5M	641.7M	618M	362.4M
Current Deferred Revenue	150.2M	66.9M	113M	119.6M	156.1M	99.0M
Net Debt	566.7M	722.2M	707.7M	719M	635.7M	753.0M
Retained Earnings	65.4M	200K	(22.4M)	(293.5M)	(452.5M)	(429.9M)
Accounts Payable	121.8M	115.5M	124.8M	140.1M	201.3M	134.5M
Cash	97.9M	101.6M	226.9M	176.5M	188.7M	124.9M
Non Current Assets Total	1.7B	1.8B	1.8B	1.5B	1.4B	1.8B
Non Currrent Assets Other	(667.9M)	(592.6M)	(597.6M)	(299.5M)	247.3M	259.7M
Other Assets	73.9M	1.0	308.2M	273M	231.7M	402.7M
Long Term Debt	624.3M	816.2M	896.5M	854.6M	796.2M	861.2M
Cash And Short Term Investments	224.3M	206.8M	336.9M	239.3M	262.8M	212.2M
Net Receivables	157.6M	159.7M	138.8M	114.6M	(178.9M)	(170.0M)
Good Will	1.2B	778.4M	718.6M	449.6M	344.7M	327.5M
Common Stock Shares Outstanding	74.6M	81.9M	101.2M	139.5M	139.8M	102.6M
Short Term Investments	126.4M	105.2M	110M	62.8M	74.1M	119.1M
Liabilities And Stockholders Equity	2.1B	2.2B	2.3B	2.0B	1.9B	2.3B
Non Current Liabilities Total	1.1B	1.3B	1.3B	1.2B	1.7B	1.2B
Inventory	5.4M	3.5M	6.3M	7M	8.1M	6.1M
Other Current Assets	85.2M	65.8M	71.3M	88.4M	187.8M	197.2M
Total Liab	1.5B	1.5B	1.6B	1.6B	1.7B	1.6B
Property Plant And Equipment Gross	450.7M	663M	682.5M	641.7M	618M	361.6M
Total Current Assets	424.1M	381.4M	498.8M	449.3M	458.7M	273.0M
Accumulated Other Comprehensive Income	(7.7M)	11.2M	5.9M	(6.4M)	7.6M	8.0M
Short Term Debt	95.6M	10.4M	56.1M	4.4M	1.9M	1.8M
Intangible Assets	835.5M	775.2M	765.7M	500.9M	60.7M	57.7M
Property Plant Equipment	450.7M	663M	682.5M	641.7M	738.0M	774.9M
Net Tangible Assets	(247.3M)	(94.5M)	(112.8M)	(131.4M)	(151.1M)	(158.7M)
Short Long Term Debt	9.5M	1.5M	400K	4.4M	1.9M	1.8M
Deferred Long Term Liab	4.5M	2.6M	2.9M	2.5M	2.3M	2.4M
Net Invested Capital	1.2B	1.5B	653.3M	373.9M	1.0B	845.4M

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Saga Net Debt vs Total Current Assets Analysis

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Assets

Saga Plc fundamental ratios Correlations

Saga Plc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Saga Plc fundamental ratios Accounts

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Additional Tools for Saga Stock Analysis

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Net Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Net Debt
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Net Debt
Total Liab	+ 0.99	Long Term Debt

Other Stockholder Equity	- 0.97	Total Assets
Other Stockholder Equity	- 0.96	Non Current Assets Total
Total Liab	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Net Debt
Other Stockholder Equity	- 0.92	Long Term Debt
Other Stockholder Equity	- 0.91	Short Long Term Debt Total