Science Accounts Payable vs Total Assets Analysis

SIS Stock   26.50  0.50  1.92%   
Science In financial indicator trend analysis is much more than just breaking down Science in Sport prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Science in Sport is a good investment. Please check the relationship between Science In Accounts Payable and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Science in Sport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

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

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Science In obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Science in Sport are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Science In 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 Science in Sport 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.
Most indicators from Science In's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Science in Sport 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 Science in Sport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 17.1 M, whereas Tax Provision is projected to grow to (11.4 K).
 2021 2022 2023 2024 (projected)
Gross Profit31.4M26.9M26.8M15.3M
Total Revenue62.5M63.8M62.7M31.6M

Science In fundamental ratios Correlations

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0.590.930.950.350.990.92-0.930.5-0.280.78-0.280.640.720.820.940.52-0.020.540.960.990.440.950.160.80.95
0.770.930.990.60.940.8-0.990.71-0.120.92-0.120.790.880.960.930.720.020.750.990.940.640.880.380.930.88
0.740.950.990.570.940.83-1.00.68-0.150.91-0.150.760.870.950.930.690.070.720.990.960.610.910.390.930.91
0.940.350.60.570.420.12-0.590.910.420.840.420.890.880.750.540.960.410.960.570.360.950.230.860.820.27
0.650.990.940.940.420.91-0.930.59-0.270.82-0.270.710.740.840.980.59-0.070.60.970.990.490.890.20.810.9
0.390.920.80.830.120.91-0.790.36-0.630.63-0.630.490.480.650.840.32-0.160.330.850.910.130.880.040.590.87
-0.76-0.93-0.99-1.0-0.59-0.93-0.79-0.690.09-0.90.09-0.77-0.89-0.96-0.92-0.71-0.08-0.75-0.98-0.95-0.65-0.9-0.4-0.94-0.9
0.960.50.710.680.910.590.36-0.690.130.90.130.930.860.820.720.970.170.950.710.530.860.320.770.820.34
0.22-0.28-0.12-0.150.42-0.27-0.630.090.13-0.011.00.070.230.03-0.210.240.320.27-0.18-0.270.55-0.290.20.14-0.27
0.930.780.920.910.840.820.63-0.90.9-0.01-0.010.930.960.950.880.910.220.910.910.790.80.670.690.960.69
0.22-0.28-0.12-0.150.42-0.27-0.630.090.131.0-0.010.070.230.03-0.210.240.320.27-0.18-0.270.55-0.290.20.14-0.27
0.980.640.790.760.890.710.49-0.770.930.070.930.070.880.850.780.940.180.960.780.630.860.50.710.880.54
0.920.720.880.870.880.740.48-0.890.860.230.960.230.880.960.80.910.290.930.860.730.890.640.690.990.65
0.860.820.960.950.750.840.65-0.960.820.030.950.030.850.960.880.830.060.850.940.850.770.750.550.970.76
0.740.940.930.930.540.980.84-0.920.72-0.210.88-0.210.780.80.880.7-0.030.690.970.950.580.80.320.850.8
0.980.520.720.690.960.590.32-0.710.970.240.910.240.940.910.830.70.320.980.710.530.930.360.780.870.39
0.27-0.020.020.070.41-0.07-0.16-0.080.170.320.220.320.180.290.06-0.030.320.310.03-0.040.340.030.570.260.05
0.990.540.750.720.960.60.33-0.750.950.270.910.270.960.930.850.690.980.310.730.550.940.430.780.90.46
0.760.960.990.990.570.970.85-0.980.71-0.180.91-0.180.780.860.940.970.710.030.730.970.610.880.370.910.88
0.60.990.940.960.360.990.91-0.950.53-0.270.79-0.270.630.730.850.950.53-0.040.550.970.450.940.170.810.93
0.930.440.640.610.950.490.13-0.650.860.550.80.550.860.890.770.580.930.340.940.610.450.320.70.850.36
0.450.950.880.910.230.890.88-0.90.32-0.290.67-0.290.50.640.750.80.360.030.430.880.940.320.090.731.0
0.750.160.380.390.860.20.04-0.40.770.20.690.20.710.690.550.320.780.570.780.370.170.70.090.620.12
0.90.80.930.930.820.810.59-0.940.820.140.960.140.880.990.970.850.870.260.90.910.810.850.730.620.75
0.490.950.880.910.270.90.87-0.90.34-0.270.69-0.270.540.650.760.80.390.050.460.880.930.361.00.120.75
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Science In Account Relationship Matchups

Science In fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.9M63.0M73.9M75.7M70.3M37.1M
Other Current Liab3.5M5.4M6.1M8.1M9.4M9.9M
Total Current Liabilities10.4M12.1M15.4M22.2M28.0M29.4M
Total Stockholder Equity45.2M48.0M44.1M40.3M29.1M24.5M
Property Plant And Equipment Net2.5M2.4M15.9M20.9M20.5M21.5M
Net Debt(4.3M)(9.6M)7.6M20.8M21.7M22.8M
Retained Earnings(14.6M)(16.1M)(20.1M)(28.6M)(41.1M)(39.0M)
Accounts Payable5.7M5.4M7.6M5.0M5.1M3.1M
Cash5.4M10.5M4.9M930K2.1M2.0M
Non Current Assets Total36.4M35.7M48.0M51.6M47.6M50.0M
Cash And Short Term Investments5.4M10.5M4.9M930K2.1M2.0M
Net Receivables10.9M9.8M12.7M16.5M11.3M6.6M
Common Stock Total Equity6.7M12.2M12.3M13.5M15.5M16.3M
Common Stock Shares Outstanding122.7M129.4M133.5M138.9M170.1M178.6M
Liabilities And Stockholders Equity58.9M63.0M73.9M75.7M70.3M37.1M
Non Current Liabilities Total3.3M2.8M14.4M13.2M13.2M13.9M
Inventory6.1M7.0M8.4M6.6M6.8M4.2M
Other Current Assets1.6M852.0K577.0K1.5M2.5M2.1M
Other Stockholder Equity46.5M49.7M49.6M50.6M51.9M26.7M
Total Liab13.7M14.9M29.9M35.4M41.2M43.3M
Property Plant And Equipment Gross2.5M2.4M15.9M20.9M27.3M28.7M
Total Current Assets22.4M27.3M26.0M24.1M22.7M16.0M
Accumulated Other Comprehensive Income(1.1M)(971K)(1.0M)(1.0M)(84K)(88.2K)
Intangible Assets33.1M14.7M14.3M13.3M9.6M9.6M
Common Stock12.2M12.3M13.5M17.2M18.2M19.1M
Non Currrent Assets Other1.6M2.2M1.4M27.0M31.1M32.7M
Net Tangible Assets12.8M17.0M12.4M9.6M11.0M13.0M
Other Assets1.6M2.2M323K1.8M2.1M1.4M
Property Plant Equipment2.5M2.4M15.9M20.9M24.0M25.2M
Deferred Long Term Liab672K1.0M1.4M1.8M2.1M2.2M
Net Invested Capital45.2M48.0M45.6M51.2M42.1M47.9M
Net Working Capital12.1M15.2M10.6M1.9M(5.3M)(5.0M)

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Other Information on Investing in Science Stock

Balance Sheet is a snapshot of the financial position of Science in Sport at a specified time, usually calculated after every quarter, six months, or one year. Science In Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Science In and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Science currently owns. An asset can also be divided into two categories, current and non-current.