Sabio Total Current Assets vs Total Assets Analysis

SBIO Stock   0.47  0.02  4.44%   
Sabio Holdings financial indicator trend analysis is much more than just breaking down Sabio Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sabio Holdings is a good investment. Please check the relationship between Sabio Holdings Total Current Assets and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sabio Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sabio Holdings Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sabio Holdings' Total Current Assets and Total Assets is 0.86. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sabio Holdings, assuming nothing else is changed. The correlation between historical values of Sabio Holdings' Total Current Assets and Total Assets 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 Sabio Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Sabio Holdings' Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.86
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 Assets

Total assets refers to the total amount of Sabio Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sabio Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Sabio Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sabio Holdings 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 Sabio Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Tax Provision is likely to climb to -8,023 in 2024. Selling General Administrative is likely to drop to about 18.4 M in 2024
 2010 2022 2023 2024 (projected)
Gross Profit14.6M25.4M21.8M22.6M
Total Revenue24.2M42.3M36.0M37.6M

Sabio Holdings fundamental ratios Correlations

-0.7-0.740.62-0.69-0.76-0.7-0.73-0.76-0.7-0.76-0.4-0.660.23-0.65-0.480.15-0.660.64-0.590.51-0.65-0.66-0.66-0.64-0.64
-0.70.81-0.770.950.920.980.910.870.940.840.110.97-0.230.950.62-0.120.98-0.950.8-0.730.950.970.950.940.94
-0.740.81-0.750.850.960.760.960.980.880.990.630.79-0.290.760.59-0.20.78-0.770.73-0.630.760.790.780.750.75
0.62-0.77-0.75-0.65-0.71-0.73-0.68-0.86-0.92-0.83-0.15-0.820.76-0.9-0.970.68-0.870.72-0.990.48-0.9-0.89-0.92-0.91-0.9
-0.690.950.85-0.650.950.90.940.870.90.850.20.95-0.010.830.450.10.89-0.970.7-0.860.830.890.860.80.8
-0.760.920.96-0.710.950.891.00.950.910.950.470.88-0.160.840.53-0.060.87-0.870.71-0.710.840.860.850.820.82
-0.70.980.76-0.730.90.890.870.820.880.80.130.91-0.260.950.61-0.160.96-0.870.75-0.60.950.930.920.940.94
-0.730.910.96-0.680.941.00.870.950.890.950.50.86-0.130.810.5-0.040.84-0.860.69-0.710.810.840.820.790.79
-0.760.870.98-0.860.870.950.820.950.961.00.480.88-0.410.860.72-0.310.87-0.840.85-0.670.860.890.890.850.85
-0.70.940.88-0.920.90.910.880.890.960.940.210.96-0.440.950.79-0.340.96-0.920.94-0.740.950.980.970.940.93
-0.760.840.99-0.830.850.950.80.951.00.940.540.84-0.390.830.69-0.30.84-0.80.82-0.640.830.850.850.820.81
-0.40.110.63-0.150.20.470.130.50.480.210.540.02-0.080.060.07-0.080.05-0.010.050.040.060.050.050.070.07
-0.660.970.79-0.820.950.880.910.860.880.960.840.02-0.270.930.67-0.150.97-0.990.87-0.840.930.980.960.910.91
0.23-0.23-0.290.76-0.01-0.16-0.26-0.13-0.41-0.44-0.39-0.08-0.27-0.51-0.890.99-0.420.11-0.7-0.17-0.51-0.43-0.5-0.55-0.54
-0.650.950.76-0.90.830.840.950.810.860.950.830.060.93-0.510.82-0.410.99-0.870.92-0.581.00.990.991.01.0
-0.480.620.59-0.970.450.530.610.50.720.790.690.070.67-0.890.82-0.840.76-0.540.94-0.280.820.780.830.830.83
0.15-0.12-0.20.680.1-0.06-0.16-0.04-0.31-0.34-0.3-0.08-0.150.99-0.41-0.84-0.32-0.01-0.61-0.27-0.41-0.33-0.4-0.45-0.45
-0.660.980.78-0.870.890.870.960.840.870.960.840.050.97-0.420.990.76-0.32-0.920.9-0.670.991.00.990.990.98
0.64-0.95-0.770.72-0.97-0.87-0.87-0.86-0.84-0.92-0.8-0.01-0.990.11-0.87-0.54-0.01-0.92-0.780.91-0.86-0.93-0.9-0.84-0.83
-0.590.80.73-0.990.70.710.750.690.850.940.820.050.87-0.70.920.94-0.610.9-0.78-0.570.920.930.940.920.91
0.51-0.73-0.630.48-0.86-0.71-0.6-0.71-0.67-0.74-0.640.04-0.84-0.17-0.58-0.28-0.27-0.670.91-0.57-0.58-0.71-0.66-0.54-0.53
-0.650.950.76-0.90.830.840.950.810.860.950.830.060.93-0.511.00.82-0.410.99-0.860.92-0.580.990.991.01.0
-0.660.970.79-0.890.890.860.930.840.890.980.850.050.98-0.430.990.78-0.331.0-0.930.93-0.710.991.00.980.97
-0.660.950.78-0.920.860.850.920.820.890.970.850.050.96-0.50.990.83-0.40.99-0.90.94-0.660.991.00.990.98
-0.640.940.75-0.910.80.820.940.790.850.940.820.070.91-0.551.00.83-0.450.99-0.840.92-0.541.00.980.991.0
-0.640.940.75-0.90.80.820.940.790.850.930.810.070.91-0.541.00.83-0.450.98-0.830.91-0.531.00.970.981.0
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Sabio Holdings Account Relationship Matchups

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Additional Tools for Sabio Stock Analysis

When running Sabio Holdings' price analysis, check to measure Sabio Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sabio Holdings is operating at the current time. Most of Sabio Holdings' value examination focuses on studying past and present price action to predict the probability of Sabio Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sabio Holdings' price. Additionally, you may evaluate how the addition of Sabio Holdings to your portfolios can decrease your overall portfolio volatility.