SGHC Total Assets vs Net Tangible Assets Analysis

SGHC Stock  USD 6.08  0.15  2.53%   
SGHC financial indicator trend analysis is much more than just breaking down SGHC Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SGHC Limited is a good investment. Please check the relationship between SGHC Total Assets and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SGHC Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SGHC Limited Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SGHC's Total Assets and Net Tangible Assets is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of SGHC Limited, assuming nothing else is changed. The correlation between historical values of SGHC's Total Assets and Net Tangible 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 Assets of SGHC Limited are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., SGHC's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of SGHC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SGHC Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from SGHC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SGHC Limited 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 SGHC Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At present, SGHC's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.09, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization83.6M66.7M82.2M70.0M
Interest Income1.3M2.2M8.9M9.4M

SGHC fundamental ratios Correlations

-0.820.960.690.970.90.98-0.950.960.920.980.960.730.980.770.75-0.750.820.78-0.760.960.720.99-0.870.980.95
-0.82-0.7-0.25-0.91-0.87-0.750.94-0.91-0.6-0.84-0.7-0.76-0.84-0.6-0.780.58-0.4-0.80.47-0.89-0.27-0.860.99-0.87-0.93
0.96-0.70.830.880.870.99-0.860.880.970.920.990.760.920.780.76-0.790.850.77-0.890.880.850.91-0.770.90.87
0.69-0.250.830.50.490.78-0.510.570.890.640.80.550.640.590.53-0.830.890.37-0.920.541.00.6-0.350.590.45
0.97-0.910.880.50.920.92-0.980.970.820.970.880.70.970.740.72-0.630.680.81-0.610.970.530.99-0.930.990.99
0.9-0.870.870.490.920.9-0.890.880.740.850.90.840.850.690.84-0.550.570.97-0.690.870.50.89-0.90.860.96
0.98-0.750.990.780.920.9-0.90.920.950.950.990.780.950.80.78-0.780.840.8-0.860.90.80.95-0.810.940.9
-0.950.94-0.86-0.51-0.98-0.89-0.9-0.99-0.82-0.97-0.85-0.76-0.97-0.75-0.770.74-0.65-0.770.64-0.96-0.54-0.970.97-0.98-0.96
0.96-0.910.880.570.970.880.92-0.990.850.960.890.80.960.760.81-0.780.730.77-0.710.940.60.97-0.950.970.94
0.92-0.60.970.890.820.740.95-0.820.850.910.940.660.910.820.64-0.860.90.59-0.880.820.910.88-0.670.880.77
0.98-0.840.920.640.970.850.95-0.970.960.910.90.661.00.80.67-0.750.770.7-0.690.960.660.99-0.881.00.93
0.96-0.70.990.80.880.90.99-0.850.890.940.90.790.90.750.8-0.750.860.81-0.880.870.820.92-0.770.90.88
0.73-0.760.760.550.70.840.78-0.760.80.660.660.790.660.590.97-0.720.530.84-0.820.660.550.7-0.810.670.74
0.98-0.840.920.640.970.850.95-0.970.960.911.00.90.660.80.67-0.750.770.7-0.690.960.660.99-0.881.00.93
0.77-0.60.780.590.740.690.8-0.750.760.820.80.750.590.80.46-0.610.550.6-0.650.640.590.77-0.650.750.7
0.75-0.780.760.530.720.840.78-0.770.810.640.670.80.970.670.46-0.720.590.84-0.790.720.550.72-0.820.70.77
-0.750.58-0.79-0.83-0.63-0.55-0.780.74-0.78-0.86-0.75-0.75-0.72-0.75-0.61-0.72-0.78-0.410.86-0.69-0.83-0.70.64-0.72-0.58
0.82-0.40.850.890.680.570.84-0.650.730.90.770.860.530.770.550.59-0.780.43-0.830.710.920.77-0.490.760.61
0.78-0.80.770.370.810.970.8-0.770.770.590.70.810.840.70.60.84-0.410.43-0.620.750.390.77-0.820.730.88
-0.760.47-0.89-0.92-0.61-0.69-0.860.64-0.71-0.88-0.69-0.88-0.82-0.69-0.65-0.790.86-0.83-0.62-0.62-0.92-0.680.56-0.66-0.6
0.96-0.890.880.540.970.870.9-0.960.940.820.960.870.660.960.640.72-0.690.710.75-0.620.570.96-0.910.980.96
0.72-0.270.851.00.530.50.8-0.540.60.910.660.820.550.660.590.55-0.830.920.39-0.920.570.63-0.370.620.48
0.99-0.860.910.60.990.890.95-0.970.970.880.990.920.70.990.770.72-0.70.770.77-0.680.960.63-0.90.990.96
-0.870.99-0.77-0.35-0.93-0.9-0.810.97-0.95-0.67-0.88-0.77-0.81-0.88-0.65-0.820.64-0.49-0.820.56-0.91-0.37-0.9-0.9-0.95
0.98-0.870.90.590.990.860.94-0.980.970.881.00.90.671.00.750.7-0.720.760.73-0.660.980.620.99-0.90.95
0.95-0.930.870.450.990.960.9-0.960.940.770.930.880.740.930.70.77-0.580.610.88-0.60.960.480.96-0.950.95
Click cells to compare fundamentals

SGHC Account Relationship Matchups

SGHC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets342.9M551.2M844.1M877M960.9M690.9M
Short Long Term Debt Total184.7M219.8M20.0M18.5M29.2M27.8M
Other Current Liab134.9M156.4M182.6M177.5M266.7M176.4M
Total Current Liabilities396.7M437.3M309.1M308.2M391.1M381.8M
Total Stockholder Equity(74.2M)70.9M514.1M518.1M520.3M273.5M
Property Plant And Equipment Net14.3M13.6M27.0M28.2M42.3M25.6M
Current Deferred Revenue33.2M43.7M52.0M50.2M67.6M49.0M
Net Debt110.4M81.3M(273.8M)(236.3M)(212.7M)(202.1M)
Retained Earnings(128.3M)10.9M246.8M234.3M240.6M252.6M
Accounts Payable59.2M75.2M77.7M63.7M80.5M70.3M
Cash74.4M138.5M293.8M254.8M241.9M188.8M
Non Current Assets Total193.2M287.7M284.9M316.8M468.5M303.7M
Non Currrent Assets Other2.9M2.9M34.1M37.3M137.7M144.6M
Cash And Short Term Investments74.4M138.5M293.8M254.8M241.9M188.8M
Net Receivables41.3M82.3M159.1M29.0M120.1M84.7M
Good Will18.8M18.8M25.0M61.6M94.9M99.7M
Liabilities And Stockholders Equity342.9M551.2M844.1M877M960.9M690.9M
Non Current Liabilities Total20.4M43.0M20.9M34.1M31.0M29.2M
Capital Lease Obligations9.9M9.1M16.2M17.3M29.1M17.1M
Inventory(25.4M)(46.7M)40K94K(78.7M)(74.8M)
Other Current Assets59.4M42.6M209.0M276.4M209.1M146.0M
Total Liab417.1M480.3M330.0M342.4M422.1M411.0M
Net Invested Capital100.7M281.6M517.8M519.3M520.4M372.0M
Short Long Term Debt167.6M183.7M3.0M1.2M87K82.7K
Total Current Assets149.7M263.5M559.2M560.2M492.4M387.2M
Accumulated Other Comprehensive Income(890K)(1.3M)(2.1M)(6.0M)(7.4M)(7.1M)
Net Working Capital(246.9M)(173.8M)250.0M252.0M101.3M106.3M
Short Term Debt169.5M186.0M8.4M8.2M5.3M5.0M
Intangible Assets152.5M198.8M173.0M164.7M193.4M170.9M

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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 SGHC Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SGHC'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 Sghc Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sghc Limited Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SGHC Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Hotels, Restaurants & Leisure 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 SGHC. If investors know SGHC 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 SGHC 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
(0.16)
Earnings Share
0.01
Revenue Per Share
3.11
Quarterly Revenue Growth
0.129
Return On Assets
0.0587
The market value of SGHC Limited is measured differently than its book value, which is the value of SGHC that is recorded on the company's balance sheet. Investors also form their own opinion of SGHC's value that differs from its market value or its book value, called intrinsic value, which is SGHC'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 SGHC's market value can be influenced by many factors that don't directly affect SGHC'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 SGHC's value and its price as these two are different measures arrived at by different means. Investors typically determine if SGHC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SGHC'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.