SGHC Total Current Assets vs Intangible 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 Current Assets and its Intangible 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 Current Assets vs Intangible Assets
Total Current Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SGHC Limited Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SGHC's Total Current Assets and Intangible Assets is 0.85. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Intangible 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 Current Assets and Intangible 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 Assets of SGHC Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Assets i.e., SGHC's Total Current Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Amortization | 83.6M | 66.7M | 82.2M | 70.0M | Interest Income | 1.3M | 2.2M | 8.9M | 9.4M |
SGHC fundamental ratios Correlations
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SGHC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SGHC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 342.9M | 551.2M | 844.1M | 877M | 960.9M | 690.9M | |
Short Long Term Debt Total | 184.7M | 219.8M | 20.0M | 18.5M | 29.2M | 27.8M | |
Other Current Liab | 134.9M | 156.4M | 182.6M | 177.5M | 266.7M | 176.4M | |
Total Current Liabilities | 396.7M | 437.3M | 309.1M | 308.2M | 391.1M | 381.8M | |
Total Stockholder Equity | (74.2M) | 70.9M | 514.1M | 518.1M | 520.3M | 273.5M | |
Property Plant And Equipment Net | 14.3M | 13.6M | 27.0M | 28.2M | 42.3M | 25.6M | |
Current Deferred Revenue | 33.2M | 43.7M | 52.0M | 50.2M | 67.6M | 49.0M | |
Net Debt | 110.4M | 81.3M | (273.8M) | (236.3M) | (212.7M) | (202.1M) | |
Retained Earnings | (128.3M) | 10.9M | 246.8M | 234.3M | 240.6M | 252.6M | |
Accounts Payable | 59.2M | 75.2M | 77.7M | 63.7M | 80.5M | 70.3M | |
Cash | 74.4M | 138.5M | 293.8M | 254.8M | 241.9M | 188.8M | |
Non Current Assets Total | 193.2M | 287.7M | 284.9M | 316.8M | 468.5M | 303.7M | |
Non Currrent Assets Other | 2.9M | 2.9M | 34.1M | 37.3M | 137.7M | 144.6M | |
Cash And Short Term Investments | 74.4M | 138.5M | 293.8M | 254.8M | 241.9M | 188.8M | |
Net Receivables | 41.3M | 82.3M | 159.1M | 29.0M | 120.1M | 84.7M | |
Good Will | 18.8M | 18.8M | 25.0M | 61.6M | 94.9M | 99.7M | |
Liabilities And Stockholders Equity | 342.9M | 551.2M | 844.1M | 877M | 960.9M | 690.9M | |
Non Current Liabilities Total | 20.4M | 43.0M | 20.9M | 34.1M | 31.0M | 29.2M | |
Capital Lease Obligations | 9.9M | 9.1M | 16.2M | 17.3M | 29.1M | 17.1M | |
Inventory | (25.4M) | (46.7M) | 40K | 94K | (78.7M) | (74.8M) | |
Other Current Assets | 59.4M | 42.6M | 209.0M | 276.4M | 209.1M | 146.0M | |
Total Liab | 417.1M | 480.3M | 330.0M | 342.4M | 422.1M | 411.0M | |
Net Invested Capital | 100.7M | 281.6M | 517.8M | 519.3M | 520.4M | 372.0M | |
Short Long Term Debt | 167.6M | 183.7M | 3.0M | 1.2M | 87K | 82.7K | |
Total Current Assets | 149.7M | 263.5M | 559.2M | 560.2M | 492.4M | 387.2M | |
Accumulated Other Comprehensive Income | (890K) | (1.3M) | (2.1M) | (6.0M) | (7.4M) | (7.1M) | |
Net Working Capital | (246.9M) | (173.8M) | 250.0M | 252.0M | 101.3M | 106.3M | |
Short Term Debt | 169.5M | 186.0M | 8.4M | 8.2M | 5.3M | 5.0M | |
Intangible Assets | 152.5M | 198.8M | 173.0M | 164.7M | 193.4M | 170.9M |
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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.