SBRY Short Term Debt vs Total Current Liabilities Analysis
SBRY Stock | 261.20 7.80 3.08% |
J Sainsbury financial indicator trend analysis is infinitely more than just investigating J Sainsbury PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J Sainsbury PLC is a good investment. Please check the relationship between J Sainsbury Short Term Debt and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in J Sainsbury PLC. 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.
Short Term Debt vs Total Current Liabilities
Short Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J Sainsbury PLC Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between J Sainsbury's Short Term Debt and Total Current Liabilities is 0.1. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of J Sainsbury PLC, assuming nothing else is changed. The correlation between historical values of J Sainsbury's Short Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of J Sainsbury PLC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., J Sainsbury's Short Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Debt
Total Current Liabilities
Total Current Liabilities is an item on J Sainsbury balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of J Sainsbury PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from J Sainsbury's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J Sainsbury PLC 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 J Sainsbury PLC. 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. Issuance Of Capital Stock is likely to gain to about 17 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 B in 2024.
2010 | 2021 | 2022 | 2023 (projected) | Interest Expense | 355M | 323M | 310M | 335M | Depreciation And Amortization | 1.2B | 1.2B | 1.2B | 1.2B |
J Sainsbury fundamental ratios Correlations
Click cells to compare fundamentals
J Sainsbury Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for SBRY Stock Analysis
When running J Sainsbury's price analysis, check to measure J Sainsbury's 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 J Sainsbury is operating at the current time. Most of J Sainsbury's value examination focuses on studying past and present price action to predict the probability of J Sainsbury's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move J Sainsbury's price. Additionally, you may evaluate how the addition of J Sainsbury to your portfolios can decrease your overall portfolio volatility.