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 DirectionPositive 
Relationship StrengthStrong

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 Income2.9T3.5T4.4T3.3T
Net Interest Income1.3T1.6T1.8T1.4T

State Bank fundamental ratios Correlations

-0.81.00.990.990.980.870.19-0.270.770.990.260.29-0.950.970.991.01.00.990.950.710.73-0.290.780.93
-0.8-0.8-0.71-0.79-0.7-0.72-0.260.04-0.85-0.77-0.2-0.290.91-0.85-0.74-0.8-0.77-0.74-0.91-0.43-0.330.29-0.51-0.65
1.0-0.80.981.00.990.840.21-0.240.780.990.270.21-0.930.970.991.00.990.980.950.690.72-0.210.730.91
0.99-0.710.980.981.00.880.12-0.350.730.990.180.28-0.910.920.990.990.990.970.890.760.82-0.280.820.95
0.99-0.791.00.980.980.80.28-0.170.740.990.30.16-0.920.970.990.990.990.980.950.630.69-0.160.710.89
0.98-0.70.991.00.980.840.17-0.30.720.990.190.19-0.890.921.00.980.990.970.890.730.81-0.190.780.92
0.87-0.720.840.880.80.84-0.16-0.590.730.86-0.080.62-0.890.770.840.870.870.810.760.850.81-0.620.940.95
0.19-0.260.210.120.280.17-0.160.87-0.180.180.4-0.4-0.220.280.20.190.20.230.28-0.55-0.340.4-0.140.01
-0.270.04-0.24-0.35-0.17-0.3-0.590.87-0.42-0.270.32-0.60.22-0.13-0.26-0.27-0.28-0.23-0.11-0.87-0.710.6-0.59-0.48
0.77-0.850.780.730.740.720.73-0.18-0.420.750.10.27-0.780.780.730.770.740.720.830.720.56-0.270.50.64
0.99-0.770.990.990.990.990.860.18-0.270.750.20.2-0.920.951.00.990.990.960.920.710.77-0.20.770.91
0.26-0.20.270.180.30.19-0.080.40.320.10.2-0.08-0.190.460.20.270.220.310.42-0.11-0.250.08-0.210.08
0.29-0.290.210.280.160.190.62-0.4-0.60.270.2-0.08-0.440.230.180.290.280.270.240.510.29-1.00.650.53
-0.950.91-0.93-0.91-0.92-0.89-0.89-0.220.22-0.78-0.92-0.19-0.44-0.93-0.91-0.95-0.94-0.91-0.95-0.62-0.590.44-0.78-0.89
0.97-0.850.970.920.970.920.770.28-0.130.780.950.460.23-0.930.930.970.950.950.990.590.56-0.230.620.83
0.99-0.740.990.990.991.00.840.2-0.260.731.00.20.18-0.910.930.980.980.970.910.70.78-0.180.770.91
1.0-0.81.00.990.990.980.870.19-0.270.770.990.270.29-0.950.970.981.00.990.950.70.72-0.290.770.93
1.0-0.770.990.990.990.990.870.2-0.280.740.990.220.28-0.940.950.981.00.990.930.710.75-0.280.80.94
0.99-0.740.980.970.980.970.810.23-0.230.720.960.310.27-0.910.950.970.990.990.930.670.7-0.270.750.92
0.95-0.910.950.890.950.890.760.28-0.110.830.920.420.24-0.950.990.910.950.930.930.560.51-0.240.60.8
0.71-0.430.690.760.630.730.85-0.55-0.870.720.71-0.110.51-0.620.590.70.70.710.670.560.91-0.510.790.8
0.73-0.330.720.820.690.810.81-0.34-0.710.560.77-0.250.29-0.590.560.780.720.750.70.510.91-0.290.840.83
-0.290.29-0.21-0.28-0.16-0.19-0.620.40.6-0.27-0.20.08-1.00.44-0.23-0.18-0.29-0.28-0.27-0.24-0.51-0.29-0.65-0.53
0.78-0.510.730.820.710.780.94-0.14-0.590.50.77-0.210.65-0.780.620.770.770.80.750.60.790.84-0.650.94
0.93-0.650.910.950.890.920.950.01-0.480.640.910.080.53-0.890.830.910.930.940.920.80.80.83-0.530.94
Click cells to compare fundamentals

State Bank Account Relationship Matchups

State Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.0T48.5T53.6T59.5T67.3T54.4T
Other Current Liab269.9B177.8B358.7B319.9B287.9B300.9B
Total Current Liabilities33.2T37.5T41.4T45.3T52.1T39.5T
Total Stockholder Equity2.5T2.8T3.1T3.6T4.1T3.3T
Other Liab2.9T3.8T4.5T5.3T6.1T3.8T
Net Tangible Assets2.5T2.7T3.0T3.6T4.1T3.0T
Retained Earnings1.2T1.4T1.7T2.1T720.2B684.2B
Accounts Payable32.7T37.2T40.9T44.7T328.6B312.2B
Cash4.2T5.3T4.0T3.2T6.0T4.6T
Other Assets24.5T26.2T28.9T34.0T39.1T28.8T
Inventory145.4M105.0M115.2M9.9M8.9M8.5M
Other Current Assets3.7T4.3T5.5T5.0T5.8T4.6T
Other Stockholder Equity490.5B523.5B583.7B707.1B813.1B574.5B
Total Liab39.4T45.6T50.4T55.8T63.0T51.0T
Net Invested Capital5.8T7.0T7.5T8.8T9.7T7.8T
Long Term Investments12.3T16.0T17.8T19.1T21.1T17.2T
Total Current Assets4.8T5.9T6.5T6.0T6.9T5.6T
Property Plant Equipment400.8B401.7B395.1B444.1B510.7B451.2B

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Other 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.