Steelcase Roe vs Ev To Sales Analysis

SCS Stock

USD 13.47 0.07 0.52%

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

For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Roe vs Ev To Sales

Roe vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steelcase Roe account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Steelcase's Roe and Ev To Sales is -0.31. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Steelcase, assuming nothing else is changed. The correlation between historical values of Steelcase's Roe and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Steelcase are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Roe i.e., Steelcase's Roe and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Roe

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Most indicators from Steelcase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steelcase 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 Steelcase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.At this time, Steelcase's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 2.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 570 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	761.5M	919.4M	1.0B	759.3M
Total Revenue	2.8B	3.2B	3.2B	3.3B

Gross Profit Total Revenue

Steelcase fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Good Will	Short Term Investments	Short Long Term Debt Total	Other Liab
Total Assets		-0.66	0.38	0.45	0.84	0.6	0.56	-0.03	0.62	0.97	-0.29	0.33	0.15	-0.41	0.77	0.67	0.7	-0.04	0.67	0.33	0.72	0.78	0.85	-0.57	0.93	-0.47
Other Current Liab	-0.66		0.09	-0.4	-0.78	-0.54	-0.42	0.26	-0.33	-0.71	-0.04	-0.16	-0.05	0.25	-0.57	-0.5	-0.56	-0.1	-0.44	-0.47	-0.5	-0.47	-0.51	0.39	-0.81	0.33
Total Current Liabilities	0.38	0.09		-0.52	-0.1	0.69	-0.39	0.8	0.08	0.32	-0.87	0.0	-0.22	-0.72	0.63	0.71	0.13	-0.76	0.73	0.09	0.26	0.25	0.61	0.18	0.17	-0.74
Total Stockholder Equity	0.45	-0.4	-0.52		0.79	-0.24	0.98	-0.76	0.29	0.5	0.62	0.03	0.64	0.43	-0.16	-0.05	0.42	0.84	-0.28	0.2	0.26	0.48	0.16	-0.84	0.55	0.33
Property Plant And Equipment Net	0.84	-0.78	-0.1	0.79		0.31	0.84	-0.46	0.5	0.86	0.14	0.19	0.39	-0.06	0.42	0.43	0.72	0.41	0.29	0.35	0.62	0.71	0.58	-0.79	0.92	-0.19
Net Debt	0.6	-0.54	0.69	-0.24	0.31		-0.14	0.48	0.01	0.64	-0.6	-0.14	-0.03	-0.71	0.82	0.92	0.41	-0.52	0.84	0.36	0.42	0.54	0.82	0.01	0.61	-0.79
Retained Earnings	0.56	-0.42	-0.39	0.98	0.84	-0.14		-0.68	0.31	0.59	0.51	0.03	0.64	0.37	-0.08	0.06	0.48	0.77	-0.2	0.16	0.27	0.49	0.23	-0.88	0.61	0.23
Accounts Payable	-0.03	0.26	0.8	-0.76	-0.46	0.48	-0.68		-0.1	-0.07	-0.82	-0.05	-0.33	-0.7	0.43	0.49	-0.37	-0.85	0.57	0.17	0.1	-0.02	0.26	0.44	-0.19	-0.64
Cash	0.62	-0.33	0.08	0.29	0.5	0.01	0.31	-0.1		0.5	-0.27	0.92	-0.41	-0.35	0.55	0.01	0.47	-0.16	0.46	0.18	0.76	0.37	0.35	-0.27	0.5	-0.19
Non Current Assets Total	0.97	-0.71	0.32	0.5	0.86	0.64	0.59	-0.07	0.5		-0.2	0.18	0.25	-0.41	0.72	0.71	0.7	0.03	0.64	0.4	0.67	0.84	0.88	-0.63	0.96	-0.49
Non Currrent Assets Other	-0.29	-0.04	-0.87	0.62	0.14	-0.6	0.51	-0.82	-0.27	-0.2		-0.28	0.5	0.85	-0.69	-0.57	-0.15	0.9	-0.79	-0.05	-0.43	-0.16	-0.44	-0.31	-0.11	0.83
Cash And Short Term Investments	0.33	-0.16	0.0	0.03	0.19	-0.14	0.03	-0.05	0.92	0.18	-0.28		-0.65	-0.29	0.43	-0.24	0.28	-0.29	0.35	0.03	0.59	0.06	0.08	0.09	0.21	-0.07
Net Receivables	0.15	-0.05	-0.22	0.64	0.39	-0.03	0.64	-0.33	-0.41	0.25	0.5	-0.65		0.47	-0.34	0.2	-0.02	0.73	-0.35	0.19	-0.12	0.38	0.14	-0.61	0.26	0.29
Common Stock Shares Outstanding	-0.41	0.25	-0.72	0.43	-0.06	-0.71	0.37	-0.7	-0.35	-0.41	0.85	-0.29	0.47		-0.81	-0.65	-0.28	0.81	-0.91	-0.42	-0.61	-0.42	-0.63	-0.16	-0.35	0.92
Non Current Liabilities Total	0.77	-0.57	0.63	-0.16	0.42	0.82	-0.08	0.43	0.55	0.72	-0.69	0.43	-0.34	-0.81		0.72	0.5	-0.62	0.97	0.35	0.75	0.59	0.83	-0.02	0.7	-0.75
Inventory	0.67	-0.5	0.71	-0.05	0.43	0.92	0.06	0.49	0.01	0.71	-0.57	-0.24	0.2	-0.65	0.72		0.36	-0.37	0.76	0.42	0.44	0.63	0.84	-0.25	0.65	-0.8
Other Current Assets	0.7	-0.56	0.13	0.42	0.72	0.41	0.48	-0.37	0.47	0.7	-0.15	0.28	-0.02	-0.28	0.5	0.36		0.06	0.42	-0.01	0.52	0.55	0.55	-0.45	0.74	-0.41
Other Stockholder Equity	-0.04	-0.1	-0.76	0.84	0.41	-0.52	0.77	-0.85	-0.16	0.03	0.9	-0.29	0.73	0.81	-0.62	-0.37	0.06		-0.71	-0.01	-0.21	0.08	-0.27	-0.59	0.11	0.7
Total Liab	0.67	-0.44	0.73	-0.28	0.29	0.84	-0.2	0.57	0.46	0.64	-0.79	0.35	-0.35	-0.91	0.97	0.76	0.42	-0.71		0.41	0.73	0.59	0.83	0.05	0.61	-0.84
Property Plant And Equipment Gross	0.33	-0.47	0.09	0.2	0.35	0.36	0.16	0.17	0.18	0.4	-0.05	0.03	0.19	-0.42	0.35	0.42	-0.01	-0.01	0.41		0.56	0.51	0.49	-0.2	0.48	-0.28
Total Current Assets	0.72	-0.5	0.26	0.26	0.62	0.42	0.27	0.1	0.76	0.67	-0.43	0.59	-0.12	-0.61	0.75	0.44	0.52	-0.21	0.73	0.56		0.74	0.68	-0.29	0.75	-0.5
Intangible Assets	0.78	-0.47	0.25	0.48	0.71	0.54	0.49	-0.02	0.37	0.84	-0.16	0.06	0.38	-0.42	0.59	0.63	0.55	0.08	0.59	0.51	0.74		0.87	-0.57	0.84	-0.43
Good Will	0.85	-0.51	0.61	0.16	0.58	0.82	0.23	0.26	0.35	0.88	-0.44	0.08	0.14	-0.63	0.83	0.84	0.55	-0.27	0.83	0.49	0.68	0.87		-0.33	0.83	-0.65
Short Term Investments	-0.57	0.39	0.18	-0.84	-0.79	0.01	-0.88	0.44	-0.27	-0.63	-0.31	0.09	-0.61	-0.16	-0.02	-0.25	-0.45	-0.59	0.05	-0.2	-0.29	-0.57	-0.33		-0.59	-0.01
Short Long Term Debt Total	0.93	-0.81	0.17	0.55	0.92	0.61	0.61	-0.19	0.5	0.96	-0.11	0.21	0.26	-0.35	0.7	0.65	0.74	0.11	0.61	0.48	0.75	0.84	0.83	-0.59		-0.41
Other Liab	-0.47	0.33	-0.74	0.33	-0.19	-0.79	0.23	-0.64	-0.19	-0.49	0.83	-0.07	0.29	0.92	-0.75	-0.8	-0.41	0.7	-0.84	-0.28	-0.5	-0.43	-0.65	-0.01	-0.41

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Steelcase Roe vs Ev To Sales Analysis

Roe vs Ev To Sales

Roe vs Ev To Sales Correlation Analysis

Correlation Coefficient

Roe

Ev To Sales

Steelcase fundamental ratios Correlations

Steelcase Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Steelcase Stock Analysis

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Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.97	Total Assets
Total Liab	+ 0.97	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.96	Non Current Assets Total
Short Long Term Debt Total	+ 0.93	Total Assets
Short Long Term Debt Total	+ 0.92	Property Plant And Equipment Net

Total Liab	- 0.91	Common Stock Shares Outstanding
Short Term Investments	- 0.88	Retained Earnings
Non Currrent Assets Other	- 0.87	Total Current Liabilities
Other Stockholder Equity	- 0.85	Accounts Payable
Other Liab	- 0.84	Total Liab
Short Term Investments	- 0.84	Total Stockholder Equity