Star Total Stockholder Equity vs Property Plant And Equipment Net Analysis

SGU Stock  USD 12.52  0.09  0.71%   
Star Gas financial indicator trend analysis is much more than just breaking down Star Gas Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Gas Partners is a good investment. Please check the relationship between Star Gas Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Gas Partners. 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 Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Star Gas Partners Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Star Gas' Total Stockholder Equity and Property Plant And Equipment Net is -0.48. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Star Gas Partners, assuming nothing else is changed. The correlation between historical values of Star Gas' Total Stockholder Equity and Property Plant And Equipment Net 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 Stockholder Equity of Star Gas Partners are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Star Gas' Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.
Most indicators from Star Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Gas Partners 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 Star Gas Partners. 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.
At this time, Star Gas' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 16.4 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.01 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit451.6M438.4M504.2M357.7M
Total Revenue2.0B2.0B2.2B1.4B

Star Gas fundamental ratios Correlations

0.580.690.98-0.060.580.520.910.020.940.480.020.830.380.760.810.59-0.390.970.520.680.170.40.770.65-0.54
0.580.290.51-0.190.60.70.5-0.160.570.56-0.160.48-0.020.880.540.5-0.450.690.460.340.66-0.150.240.6-0.15
0.690.290.65-0.130.590.490.61-0.030.770.31-0.030.35-0.030.580.290.1-0.450.740.870.21-0.180.330.720.8-0.07
0.980.510.65-0.070.60.510.930.00.940.510.00.810.350.730.780.52-0.410.950.460.640.080.380.80.63-0.51
-0.06-0.19-0.13-0.07-0.48-0.65-0.310.75-0.28-0.680.75-0.060.41-0.38-0.040.020.88-0.18-0.120.440.24-0.01-0.48-0.46-0.47
0.580.60.590.6-0.480.890.65-0.480.790.71-0.480.27-0.470.850.270.07-0.770.730.64-0.12-0.15-0.150.70.790.3
0.520.70.490.51-0.650.890.64-0.710.720.71-0.710.39-0.470.870.390.09-0.870.690.64-0.150.02-0.10.630.840.33
0.910.50.610.93-0.310.650.64-0.230.910.56-0.230.830.210.750.790.42-0.560.910.450.51-0.060.350.850.64-0.35
0.02-0.16-0.030.00.75-0.48-0.71-0.23-0.24-0.391.0-0.130.59-0.3-0.030.240.71-0.11-0.20.570.240.13-0.38-0.38-0.59
0.940.570.770.94-0.280.790.720.91-0.240.62-0.240.70.080.830.660.39-0.630.970.650.390.00.280.890.81-0.24
0.480.560.310.51-0.680.710.710.56-0.390.62-0.390.23-0.140.720.390.32-0.830.590.23-0.010.020.180.590.680.08
0.02-0.16-0.030.00.75-0.48-0.71-0.231.0-0.24-0.39-0.130.59-0.3-0.030.240.71-0.11-0.20.570.240.13-0.38-0.38-0.59
0.830.480.350.81-0.060.270.390.83-0.130.70.23-0.130.510.540.890.59-0.240.750.240.720.290.430.560.37-0.62
0.38-0.02-0.030.350.41-0.47-0.470.210.590.08-0.140.590.51-0.120.530.670.420.17-0.320.850.40.610.01-0.25-0.96
0.760.880.580.73-0.380.850.870.75-0.30.830.72-0.30.54-0.120.580.46-0.70.880.630.270.260.00.620.81-0.05
0.810.540.290.78-0.040.270.390.79-0.030.660.39-0.030.890.530.580.61-0.240.740.20.750.310.440.480.41-0.66
0.590.50.10.520.020.070.090.420.240.390.320.240.590.670.460.61-0.040.5-0.060.740.540.390.210.09-0.69
-0.39-0.45-0.45-0.410.88-0.77-0.87-0.560.71-0.63-0.830.71-0.240.42-0.7-0.24-0.04-0.55-0.450.280.17-0.03-0.71-0.79-0.38
0.970.690.740.95-0.180.730.690.91-0.110.970.59-0.110.750.170.880.740.5-0.550.650.530.160.270.780.8-0.34
0.520.460.870.46-0.120.640.640.45-0.20.650.23-0.20.24-0.320.630.2-0.06-0.450.650.02-0.020.040.50.830.17
0.680.340.210.640.44-0.12-0.150.510.570.39-0.010.570.720.850.270.750.740.280.530.020.460.460.170.03-0.93
0.170.66-0.180.080.24-0.150.02-0.060.240.00.020.240.290.40.260.310.540.170.16-0.020.46-0.08-0.360.01-0.44
0.4-0.150.330.38-0.01-0.15-0.10.350.130.280.180.130.430.610.00.440.39-0.030.270.040.46-0.080.340.17-0.58
0.770.240.720.8-0.480.70.630.85-0.380.890.59-0.380.560.010.620.480.21-0.710.780.50.17-0.360.340.71-0.09
0.650.60.80.63-0.460.790.840.64-0.380.810.68-0.380.37-0.250.810.410.09-0.790.80.830.030.010.170.710.13
-0.54-0.15-0.07-0.51-0.470.30.33-0.35-0.59-0.240.08-0.59-0.62-0.96-0.05-0.66-0.69-0.38-0.340.17-0.93-0.44-0.58-0.090.13
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Star Gas Account Relationship Matchups

Star Gas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets838.6M853.9M912.5M875.5M1.0B734.9M
Short Long Term Debt Total227.9M219.1M283.0M243.8M219.4M180.4M
Other Current Liab204.3M138.8M138.1M227.2M261.3M274.4M
Total Current Liabilities344.9M345.0M381.1M364.9M419.6M249.0M
Total Stockholder Equity(15.0M)(14.0M)(15.6M)279.9M251.9M138.4M
Property Plant And Equipment Net193.3M195.0M201.2M196.0M176.4M93.7M
Net Debt170.9M214.3M268.3M198.6M178.7M124.2M
Accounts Payable30.8M37.3M49.1M35.6M41.0M26.1M
Cash56.9M4.8M14.6M45.2M52.0M63.8M
Non Current Assets Total612.3M631.9M624.2M620.8M713.9M478.1M
Non Currrent Assets Other88.4M88.0M84.4M15.4M17.7M22.8M
Cash And Short Term Investments56.9M4.8M14.6M45.2M52.0M63.8M
Net Receivables83.6M99.7M138.3M114.1M131.2M92.7M
Common Stock Shares Outstanding45.7M40.6M37.4M35.7M41.0M48.3M
Liabilities And Stockholders Equity582.8M575.7M654.6M611.8M550.6M415.2M
Non Current Liabilities Total237.9M230.7M273.5M246.9M222.2M177.4M
Inventory50.3M61.2M83.6M56.5M64.9M56.4M
Other Current Assets65.1M56.4M51.8M39.0M44.8M41.8M
Other Stockholder Equity(258.3M)(281.0M)(261.6M)11.6M10.4M9.9M
Total Liab582.8M575.7M654.6M611.8M703.5M492.9M
Property Plant And Equipment Gross193.3M195.0M201.2M335.5M385.8M405.1M
Total Current Assets226.3M222.0M288.3M254.7M292.9M256.8M
Accumulated Other Comprehensive Income(15.0M)(14.0M)(15.6M)(13.5M)(15.6M)(16.3M)
Short Term Debt51.3M25.1M37.5M38.8M44.6M44.5M
Intangible Assets90.3M95.5M84.5M76.3M68.7M121.2M
Other Liab42.2M54.3M40.4M41.9M48.2M29.9M
Other Assets88.4M88.0M84.4M86.3M77.7M67.1M
Long Term Debt109.8M92.4M151.7M127.3M114.6M153.2M
Common Stock273.3M295.1M277.2M281.9M324.1M222.7M
Property Plant Equipment93.5M195.0M107.7M196.0M176.4M185.3M
Current Deferred Revenue141.9M143.8M156.4M63.2M72.7M95.8M
Good Will240.3M253.4M254.1M262.1M301.4M235.1M
Net Tangible Assets11.1M(67.8M)680K(70.1M)(63.1M)(59.9M)
Long Term Debt Total120.4M109.8M92.4M151.7M136.5M86.3M
Deferred Long Term Liab17.2M17.9M25.6M15.2M17.5M17.6M
Non Current Liabilities Other25.0M25.2M14.8M16.2M18.6M22.5M
Short Long Term Debt13M26.2M20.3M240K216K205.2K

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