Steadfast Long Term Debt vs Net Debt Analysis

SDF Stock

5.81 0.02 0.35%

Steadfast financial indicator trend analysis is much more than just breaking down Steadfast Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Steadfast Group is a good investment. Please check the relationship between Steadfast Long Term Debt and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steadfast Group. 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.

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steadfast Group Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Steadfast's Long Term Debt and Net Debt is 0.43. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Steadfast Group, assuming nothing else is changed. The correlation between historical values of Steadfast's Long Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Steadfast Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., Steadfast's Long Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

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Long Term Debt

Long-term debt is a debt that Steadfast Group has held for over one year. Long-term debt appears on Steadfast Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Steadfast Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Steadfast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steadfast Group 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 Steadfast Group. 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.

Selling General Administrative is likely to gain to about 631.5 M in 2024, whereas Tax Provision is likely to drop slightly above 59.1 M in 2024.

	2021	2023 (projected)
Research Development	0.22	0.2
Total Revenue	885.5M	1.8B

Research Development Total Revenue

Steadfast fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total
Total Assets		0.75	0.83	0.99	0.97	0.88	0.03	0.99	0.03	0.97	0.98	0.07	1.0	1.0	0.97	0.97	0.96	0.83	0.41	0.99	0.07	0.99	0.99	0.81	0.89	0.98
Other Current Liab	0.75		0.5	0.74	0.77	0.86	-0.34	0.74	0.11	0.83	0.73	0.41	0.75	0.75	0.72	0.73	0.73	0.49	0.22	0.79	0.01	0.76	0.78	0.43	0.61	0.83
Total Current Liabilities	0.83	0.5		0.81	0.82	0.76	0.21	0.81	-0.19	0.79	0.82	-0.01	0.83	0.82	0.78	0.79	0.76	0.81	0.34	0.83	0.05	0.8	0.82	0.62	0.65	0.81
Total Stockholder Equity	0.99	0.74	0.81		0.97	0.88	0.09	0.98	0.08	0.95	0.97	0.06	0.98	1.0	0.95	0.94	0.93	0.8	0.36	0.98	0.11	0.97	0.98	0.79	0.87	0.96
Other Liab	0.97	0.77	0.82	0.97		0.91	0.09	0.95	0.04	0.95	0.94	0.05	0.97	0.97	0.91	0.92	0.9	0.79	0.31	0.98	0.09	0.95	0.98	0.77	0.84	0.95
Retained Earnings	0.88	0.86	0.76	0.88	0.91		-0.07	0.86	-0.04	0.9	0.82	0.11	0.87	0.88	0.8	0.82	0.8	0.71	0.12	0.93	0.28	0.87	0.92	0.5	0.68	0.91
Accounts Payable	0.03	-0.34	0.21	0.09	0.09	-0.07		-0.04	0.26	-0.14	0.01	-0.34	-0.01	0.05	-0.13	-0.15	-0.19	-0.02	-0.42	-0.02	0.16	-0.09	0.0	0.15	0.06	-0.13
Cash	0.99	0.74	0.81	0.98	0.95	0.86	-0.04		0.0	0.98	0.97	0.02	1.0	0.98	0.99	0.99	0.98	0.85	0.43	0.98	0.03	1.0	0.99	0.81	0.9	0.98
Other Assets	0.03	0.11	-0.19	0.08	0.04	-0.04	0.26	0.0		0.02	0.08	0.25	0.01	0.06	-0.02	-0.03	-0.05	-0.49	-0.03	-0.02	0.09	-0.02	-0.01	0.16	0.12	-0.01
Long Term Debt	0.97	0.83	0.79	0.95	0.95	0.9	-0.14	0.98	0.02		0.95	0.09	0.98	0.96	0.96	0.98	0.97	0.8	0.43	0.98	-0.03	0.99	0.98	0.76	0.87	1.0
Net Receivables	0.98	0.73	0.82	0.97	0.94	0.82	0.01	0.97	0.08	0.95		0.2	0.99	0.97	0.98	0.97	0.96	0.79	0.53	0.96	0.0	0.96	0.96	0.84	0.89	0.95
Other Current Assets	0.07	0.41	-0.01	0.06	0.05	0.11	-0.34	0.02	0.25	0.09	0.2		0.08	0.08	0.1	0.09	0.11	-0.21	0.43	0.06	-0.01	0.03	0.04	-0.02	-0.01	0.1
Total Liab	1.0	0.75	0.83	0.98	0.97	0.87	-0.01	1.0	0.01	0.98	0.99	0.08		0.99	0.98	0.98	0.97	0.84	0.45	0.99	0.04	0.99	0.99	0.82	0.89	0.98
Common Stock	1.0	0.75	0.82	1.0	0.97	0.88	0.05	0.98	0.06	0.96	0.97	0.08	0.99		0.96	0.96	0.94	0.81	0.4	0.98	0.1	0.97	0.98	0.79	0.87	0.96
Property Plant Equipment	0.97	0.72	0.78	0.95	0.91	0.8	-0.13	0.99	-0.02	0.96	0.98	0.1	0.98	0.96		1.0	1.0	0.84	0.56	0.96	-0.02	0.98	0.96	0.82	0.89	0.96
Short Long Term Debt Total	0.97	0.73	0.79	0.94	0.92	0.82	-0.15	0.99	-0.03	0.98	0.97	0.09	0.98	0.96	1.0		1.0	0.84	0.56	0.96	-0.02	0.99	0.96	0.82	0.89	0.97
Property Plant And Equipment Net	0.96	0.73	0.76	0.93	0.9	0.8	-0.19	0.98	-0.05	0.97	0.96	0.11	0.97	0.94	1.0	1.0		0.84	0.57	0.95	-0.02	0.98	0.95	0.8	0.88	0.96
Current Deferred Revenue	0.83	0.49	0.81	0.8	0.79	0.71	-0.02	0.85	-0.49	0.8	0.79	-0.21	0.84	0.81	0.84	0.84	0.84		0.34	0.84	-0.04	0.85	0.84	0.66	0.73	0.81
Net Debt	0.41	0.22	0.34	0.36	0.31	0.12	-0.42	0.43	-0.03	0.43	0.53	0.43	0.45	0.4	0.56	0.56	0.57	0.34		0.34	-0.37	0.43	0.34	0.52	0.39	0.42
Non Current Assets Total	0.99	0.79	0.83	0.98	0.98	0.93	-0.02	0.98	-0.02	0.98	0.96	0.06	0.99	0.98	0.96	0.96	0.95	0.84	0.34		0.13	0.99	1.0	0.75	0.86	0.98
Non Currrent Assets Other	0.07	0.01	0.05	0.11	0.09	0.28	0.16	0.03	0.09	-0.03	0.0	-0.01	0.04	0.1	-0.02	-0.02	-0.02	-0.04	-0.37	0.13		0.04	0.12	-0.22	-0.07	0.0
Cash And Short Term Investments	0.99	0.76	0.8	0.97	0.95	0.87	-0.09	1.0	-0.02	0.99	0.96	0.03	0.99	0.97	0.98	0.99	0.98	0.85	0.43	0.99	0.04		0.99	0.8	0.9	0.99
Good Will	0.99	0.78	0.82	0.98	0.98	0.92	0.0	0.99	-0.01	0.98	0.96	0.04	0.99	0.98	0.96	0.96	0.95	0.84	0.34	1.0	0.12	0.99		0.76	0.87	0.98
Common Stock Total Equity	0.81	0.43	0.62	0.79	0.77	0.5	0.15	0.81	0.16	0.76	0.84	-0.02	0.82	0.79	0.82	0.82	0.8	0.66	0.52	0.75	-0.22	0.8	0.76		0.93	0.75
Common Stock Shares Outstanding	0.89	0.61	0.65	0.87	0.84	0.68	0.06	0.9	0.12	0.87	0.89	-0.01	0.89	0.87	0.89	0.89	0.88	0.73	0.39	0.86	-0.07	0.9	0.87	0.93		0.86
Non Current Liabilities Total	0.98	0.83	0.81	0.96	0.95	0.91	-0.13	0.98	-0.01	1.0	0.95	0.1	0.98	0.96	0.96	0.97	0.96	0.81	0.42	0.98	0.0	0.99	0.98	0.75	0.86

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Steadfast Account Relationship Matchups

Steadfast fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	3.0B	3.9B	4.9B	5.7B	6.0B
Other Current Liab	(658.0M)	535M	916.6M	1.3B	1.1B	1.2B
Total Current Liabilities	658.0M	874.8M	317.9M	438.1M	1.7B	1.8B
Total Stockholder Equity	1.1B	1.2B	1.7B	2.0B	2.3B	2.4B
Other Liab	60.8M	98.5M	125.9M	174.5M	200.7M	210.7M
Retained Earnings	(18.6M)	33.4M	92.1M	142.7M	202.6M	212.7M
Accounts Payable	243.9M	109.7M	121.4M	161.8M	193.5M	266.1M
Cash	659.6M	737.3M	945M	1.1B	1.3B	1.4B
Other Assets	76.3M	29.3M	6.0B	103.6M	38.6M	36.7M
Long Term Debt	318.2M	716.8M	844.2M	921M	1.2B	1.2B
Net Receivables	682.9M	692.7M	813.7M	923.5M	1.1B	1.2B
Other Current Assets	9.8M	8.7M	82.2M	19.5M	22.4M	23.5M
Total Liab	1.6B	1.7B	2.1B	2.6B	3.1B	3.3B
Common Stock	1.1B	1.2B	1.6B	1.9B	2.3B	2.4B
Property Plant Equipment	93.6M	91M	104.6M	122.7M	141.1M	148.2M
Short Long Term Debt Total	762.2M	790M	938.7M	1.0B	1.3B	1.4B
Property Plant And Equipment Net	93.6M	91M	104.6M	122.7M	140M	147M
Net Debt	102.6M	52.7M	(6.3M)	(101.1M)	(29.9M)	(31.4M)
Non Current Assets Total	1.3B	1.6B	2.1B	2.7B	3.2B	3.4B
Non Currrent Assets Other	(17.4M)	(1.1B)	(29.4M)	(35.5M)	173.5M	182.2M
Cash And Short Term Investments	659.6M	737.3M	945M	1.1B	1.3B	1.4B
Good Will	930.3M	1.1B	1.5B	2.0B	2.3B	2.4B
Common Stock Shares Outstanding	853.6M	866.1M	961.2M	1.0B	1.1B	868.5M
Liabilities And Stockholders Equity	2.8B	3.0B	3.9B	4.9B	5.7B	2.9B
Non Current Liabilities Total	394.7M	840.7M	979.7M	1.1B	1.5B	1.5B
Property Plant And Equipment Gross	93.6M	91M	104.6M	122.7M	140M	147M
Total Current Assets	1.3B	1.4B	1.8B	2.1B	2.5B	2.6B
Accumulated Other Comprehensive Income	222K	(39M)	(30.6M)	(50.3M)	(149.1M)	(141.6M)
Short Term Debt	414.1M	47.8M	57M	69.9M	71.2M	64.2M
Intangible Assets	182.4M	1.3B	265.5M	346.6M	387.1M	319.3M
Net Tangible Assets	7.3M	(125.4M)	(75.1M)	(290.9M)	(261.8M)	(248.7M)
Short Term Investments	46.5M	27.8M	35.3M	42M	48.5M	31.8M
Other Stockholder Equity	(11.2M)	(13.9M)	(15.9M)	(31.8M)	(16.9M)	(17.7M)
Long Term Investments	130.7M	141.2M	243.3M	264.5M	286.7M	189.0M
Short Long Term Debt	402.1M	34.6M	42.3M	50.5M	51.2M	63.9M
Treasury Stock	(7.7M)	(9.9M)	(11.2M)	(13.9M)	(12.5M)	(11.9M)
Long Term Debt Total	348.2M	742.2M	881.7M	967.5M	1.1B	1.2B

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