Superior Total Current Liabilities vs Total Current Assets Analysis

SGC Stock  USD 16.89  0.10  0.60%   
Superior Uniform financial indicator trend analysis is much more than just breaking down Superior Uniform prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Superior Uniform is a good investment. Please check the relationship between Superior Uniform Total Current Liabilities and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Uniform 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 price.

Total Current Liabilities vs Total Current Assets

Total Current Liabilities vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Superior Uniform Total Current Liabilities account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Superior Uniform's Total Current Liabilities and Total Current Assets is 0.96. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Superior Uniform Group, assuming nothing else is changed. The correlation between historical values of Superior Uniform's Total Current Liabilities and Total Current 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 Liabilities of Superior Uniform Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., Superior Uniform's Total Current Liabilities and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Superior Uniform balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Superior Uniform 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.

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.
Most indicators from Superior Uniform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Superior Uniform 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 Superior Uniform 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 price.
The current year's Selling General Administrative is expected to grow to about 193.3 M, whereas Tax Provision is projected to grow to (610.9 K).
 2021 2022 2023 2024 (projected)
Gross Profit186.0M193.4M203.5M213.7M
Total Revenue537.0M578.8M543.3M570.5M

Superior Uniform fundamental ratios Correlations

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0.931.00.750.830.880.830.820.680.930.870.680.930.260.980.780.730.870.960.580.920.730.940.850.550.98
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0.770.750.720.750.750.880.680.470.680.831.00.79-0.030.750.550.370.840.780.910.810.390.620.820.060.69
0.980.930.850.930.970.890.930.90.680.950.680.960.240.940.790.770.950.970.680.950.860.980.930.440.89
0.970.90.890.950.960.960.870.810.830.950.830.970.230.90.720.660.960.960.830.960.760.890.980.30.85
0.770.750.720.750.750.880.680.471.00.680.830.79-0.030.750.550.370.840.780.910.810.390.620.820.060.69
0.990.950.920.960.970.940.930.850.790.960.970.790.220.950.780.690.950.990.770.990.780.930.970.40.91
0.20.230.260.210.160.190.260.31-0.030.240.23-0.030.220.230.260.280.070.230.020.180.230.230.210.320.36
0.950.990.770.840.910.870.980.810.750.940.90.750.950.230.80.730.910.970.650.940.70.950.870.510.98
0.830.780.730.780.830.770.780.910.550.790.720.550.780.260.80.910.780.820.440.840.670.740.760.690.76
0.760.710.60.70.780.630.730.910.370.770.660.370.690.280.730.910.70.740.250.740.740.750.670.730.69
0.970.90.870.930.980.950.870.820.840.950.960.840.950.070.910.780.70.950.810.970.730.90.940.350.83
1.00.970.890.940.970.940.960.870.780.970.960.780.990.230.970.820.740.950.730.990.790.950.950.460.94
0.740.640.760.780.750.890.580.450.910.680.830.910.770.020.650.440.250.810.730.770.430.580.84-0.160.58
0.990.940.910.960.980.960.920.860.810.950.960.810.990.180.940.840.740.970.990.770.760.90.970.450.9
0.810.720.740.840.830.680.730.870.390.860.760.390.780.230.70.670.740.730.790.430.760.820.790.440.65
0.940.930.780.860.920.810.940.870.620.980.890.620.930.230.950.740.750.90.950.580.90.820.860.460.91
0.970.880.930.980.970.970.850.830.820.930.980.820.970.210.870.760.670.940.950.840.970.790.860.290.82
0.450.510.350.340.420.290.550.610.060.440.30.060.40.320.510.690.730.350.46-0.160.450.440.460.290.55
0.910.980.740.790.840.830.980.770.690.890.850.690.910.360.980.760.690.830.940.580.90.650.910.820.55
Click cells to compare fundamentals

Superior Uniform Account Relationship Matchups

Superior Uniform fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets358.9M393.9M470.2M456.9M422.5M443.6M
Short Long Term Debt Total123.0M89.3M119.9M159.3M110.5M116.0M
Other Current Liab17.6M44.1M32.6M34.0M35.8M37.6M
Total Current Liabilities69.4M104.9M111.1M85.2M100.6M105.6M
Total Stockholder Equity157.6M191.6M227.0M192.6M197.6M207.5M
Property Plant And Equipment Net38.3M40.5M57.9M60.5M64.8M68.0M
Net Debt114.0M84.1M110.9M141.5M90.6M95.2M
Retained Earnings107.6M142.0M163.8M123.0M122.5M74.5M
Cash9.0M5.2M8.9M17.7M19.9M20.9M
Non Current Assets Total147.2M145.5M171.0M139.0M143.1M150.2M
Non Currrent Assets Other10.1M10.1M13.2M12.0M14.8M15.5M
Cash And Short Term Investments9.0M5.2M8.9M17.7M19.9M20.9M
Net Receivables119.4M142.5M150.6M161.1M152.5M160.1M
Common Stock Shares Outstanding15.3M15.5M16.1M15.8M16.2M12.4M
Liabilities And Stockholders Equity358.9M393.9M470.2M456.9M422.5M443.6M
Non Current Liabilities Total132.0M97.4M132.1M179.2M124.2M130.4M
Inventory73.4M89.8M120.6M125.0M98.1M55.5M
Other Current Assets9.9M11.0M19.2M14.2M8.9M4.5M
Other Stockholder Equity57.4M61.8M69.4M72.6M77.4M81.3M
Total Liab201.4M202.3M243.3M264.3M224.8M236.1M
Property Plant And Equipment Gross38.3M40.5M57.9M60.5M135.9M142.7M
Total Current Assets211.7M248.5M299.3M318.0M279.4M293.3M
Accumulated Other Comprehensive Income(7.5M)(12.2M)(6.2M)(3.0M)(2.3M)(2.4M)
Short Term Debt16.6M16.4M17.4M6.9M8.9M9.4M
Intangible Assets62.5M58.7M60.4M55.8M51.2M53.7M
Accounts Payable33.3M39.3M52.3M42.1M50.5M53.0M
Other Assets10.1M14.0M13.2M22.7M1.00.95
Long Term Debt104.0M72.4M100.8M151.6M88.8M93.2M
Property Plant Equipment32.8M36.6M57.9M51.4M59.1M62.1M
Other Liab25.6M23.5M29.3M23.6M27.2M15.9M
Net Tangible Assets61.1M98.4M124.9M196.5M226.0M237.3M
Retained Earnings Total Equity107.6M142.0M163.8M123.0M141.4M92.1M
Long Term Debt Total104.0M72.4M100.8M151.6M174.3M183.0M
Capital Surpluse57.4M61.8M69.4M72.6M83.5M50.9M
Deferred Long Term Liab8.5M7.0M450K359K412.9K392.2K
Non Current Liabilities Other18.6M23.0M11.8M23.6M9.3M17.1M

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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.
When determining whether Superior Uniform offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Superior Uniform's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Superior Uniform Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Superior Uniform Group Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Uniform 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 price.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Superior Uniform. If investors know Superior will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Superior Uniform listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.737
Dividend Share
0.56
Earnings Share
0.82
Revenue Per Share
35.267
Quarterly Revenue Growth
0.1
The market value of Superior Uniform is measured differently than its book value, which is the value of Superior that is recorded on the company's balance sheet. Investors also form their own opinion of Superior Uniform's value that differs from its market value or its book value, called intrinsic value, which is Superior Uniform's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Superior Uniform's market value can be influenced by many factors that don't directly affect Superior Uniform's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Superior Uniform's value and its price as these two are different measures arrived at by different means. Investors typically determine if Superior Uniform is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Superior Uniform's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.