State Depreciation vs Capital Expenditures Analysis
SBID Stock | USD 99.80 1.00 1.01% |
State Bank financial indicator trend analysis is much more than just breaking down State Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether State Bank is a good investment. Please check the relationship between State Bank Depreciation and its Capital Expenditures accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Bank of. 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.
Depreciation vs Capital Expenditures
Depreciation vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Bank Depreciation account and Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.
The correlation between State Bank's Depreciation and Capital Expenditures is 0.76. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of State Bank of, assuming nothing else is changed. The correlation between historical values of State Bank's Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of State Bank of are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., State Bank's Depreciation and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of State Bank value has been used up. For tax purposes State Bank can deduct the cost of the tangible assets it purchases as business expenses. However, State Bank of must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Capital Expenditures
Capital Expenditures are funds used by State Bank to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of State Bank operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from State Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into State Bank 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 State Bank of. 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. The value of Tax Provision is estimated to slide to about 124.5 B. The value of Selling General Administrative is expected to slide to about 42.1 B
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 2.9T | 3.5T | 4.4T | 3.3T | Net Interest Income | 1.3T | 1.6T | 1.8T | 1.4T |
State Bank fundamental ratios Correlations
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State Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
State Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 42.0T | 48.5T | 53.6T | 59.5T | 67.3T | 54.4T | |
Other Current Liab | 269.9B | 177.8B | 358.7B | 319.9B | 287.9B | 300.9B | |
Total Current Liabilities | 33.2T | 37.5T | 41.4T | 45.3T | 52.1T | 39.5T | |
Total Stockholder Equity | 2.5T | 2.8T | 3.1T | 3.6T | 4.1T | 3.3T | |
Other Liab | 2.9T | 3.8T | 4.5T | 5.3T | 6.1T | 3.8T | |
Net Tangible Assets | 2.5T | 2.7T | 3.0T | 3.6T | 4.1T | 3.0T | |
Retained Earnings | 1.2T | 1.4T | 1.7T | 2.1T | 720.2B | 684.2B | |
Accounts Payable | 32.7T | 37.2T | 40.9T | 44.7T | 328.6B | 312.2B | |
Cash | 4.2T | 5.3T | 4.0T | 3.2T | 6.0T | 4.6T | |
Other Assets | 24.5T | 26.2T | 28.9T | 34.0T | 39.1T | 28.8T | |
Inventory | 145.4M | 105.0M | 115.2M | 9.9M | 8.9M | 8.5M | |
Other Current Assets | 3.7T | 4.3T | 5.5T | 5.0T | 5.8T | 4.6T | |
Other Stockholder Equity | 490.5B | 523.5B | 583.7B | 707.1B | 813.1B | 574.5B | |
Total Liab | 39.4T | 45.6T | 50.4T | 55.8T | 63.0T | 51.0T | |
Net Invested Capital | 5.8T | 7.0T | 7.5T | 8.8T | 9.7T | 7.8T | |
Long Term Investments | 12.3T | 16.0T | 17.8T | 19.1T | 21.1T | 17.2T | |
Total Current Assets | 4.8T | 5.9T | 6.5T | 6.0T | 6.9T | 5.6T | |
Property Plant Equipment | 400.8B | 401.7B | 395.1B | 444.1B | 510.7B | 451.2B |
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Balance Sheet is a snapshot of the financial position of State Bank at a specified time, usually calculated after every quarter, six months, or one year. State Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of State Bank 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 State currently owns. An asset can also be divided into two categories, current and non-current.