State Net Debt vs Other Liab Analysis
| SBID Stock | USD 96.50 4.20 4.55% |
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 Net Debt and its Other Liab 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.
Net Debt vs Other Liab
Net Debt vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Bank Net Debt account and Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between State Bank's Net Debt and Other Liab is 0.8. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Liab 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 Net Debt and Other 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 Net Debt of State Bank of are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Net Debt i.e., State Bank's Net Debt and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
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.Other Liab
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
Click cells to compare fundamentals
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in State Stock
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.