SBC Cash vs Retained Earnings Analysis
| SBC Stock | 7.27 0.52 6.68% |
SBC Communications financial indicator trend analysis is much more than just breaking down SBC Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBC Communications is a good investment. Please check the relationship between SBC Communications Cash and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBC Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade SBC Stock refer to our How to Trade SBC Stock guide.
Cash vs Retained Earnings
Cash vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBC Communications Cash account and Retained Earnings. At this time, the significance of the direction appears to have totally related.
The correlation between SBC Communications' Cash and Retained Earnings is 0.99. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of SBC Communications, assuming nothing else is changed. The correlation between historical values of SBC Communications' Cash and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of SBC Communications are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., SBC Communications' Cash and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of SBC Communications, which is listed under current asset account on SBC Communications balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SBC Communications customers. The amounts must be unrestricted with restricted cash listed in a different SBC Communications account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from SBC Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBC Communications 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 SBC Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade SBC Stock refer to our How to Trade SBC Stock guide.As of November 28, 2024, Tax Provision is expected to decline to about 29.2 M. In addition to that, Selling General Administrative is expected to decline to about 63.9 M
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 440.9K | 41.5K | 39.4K | Tax Provision | 18.1M | 35.0M | 29.2M |
SBC Communications fundamental ratios Correlations
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SBC Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 SBC Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SBC Communications' 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 Sbc Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sbc Communications Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBC Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade SBC Stock refer to our How to Trade SBC Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Health Care Providers & Services 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 SBC Communications. If investors know SBC 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 SBC Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SBC Communications is measured differently than its book value, which is the value of SBC that is recorded on the company's balance sheet. Investors also form their own opinion of SBC Communications' value that differs from its market value or its book value, called intrinsic value, which is SBC Communications' 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 SBC Communications' market value can be influenced by many factors that don't directly affect SBC Communications' 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 SBC Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBC Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBC Communications' 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.