State Total Current Assets vs Total Stockholder Equity 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 Total Current Assets and its Total Stockholder Equity 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.
Total Current Assets vs Total Stockholder Equity
Total Current Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Bank Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between State Bank's Total Current Assets and Total Stockholder Equity is 0.89. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity 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 Total Current Assets and Total Stockholder Equity 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 Current Assets of State Bank of are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., State Bank's Total Current Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.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.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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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.