| 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 Property Plant And Equipment Net and its Total Current Liabilities 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.
Property Plant And Equipment Net vs Total Current Liabilities
Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Steadfast Group Property Plant And Equipment Net account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Steadfast's Property Plant And Equipment Net and Total Current Liabilities is 0.76. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net of Steadfast Group 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 Property Plant And Equipment Net i.e., Steadfast's Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.76 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Total Current Liabilities
Total Current Liabilities is an item on Steadfast balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Steadfast Group 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 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.
Steadfast fundamental ratios Correlations
Click cells to compare fundamentals
Steadfast Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Steadfast fundamental ratios Accounts
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Additional Tools for Steadfast Stock Analysis
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measure Steadfast'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 Steadfast is operating at the current time. Most of Steadfast's value examination focuses on studying past and present price action to
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