SIS Other Assets vs Retained Earnings Analysis

SIS Stock   374.95  1.55  0.42%   
SIS financial indicator trend analysis is much more than just breaking down SIS LIMITED prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SIS LIMITED is a good investment. Please check the relationship between SIS Other Assets and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SIS 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 board of governors.

Other Assets vs Retained Earnings

Other Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SIS LIMITED Other Assets account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SIS's Other Assets and Retained Earnings is -0.04. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of SIS LIMITED, assuming nothing else is changed. The correlation between historical values of SIS's Other Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of SIS LIMITED are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Assets i.e., SIS's Other Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from SIS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SIS 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 SIS 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 board of governors.
The current year's Tax Provision is expected to grow to about 859.7 M, whereas Selling General Administrative is forecasted to decline to about 2 B.
 2021 2022 2023 2024 (projected)
Interest Expense938.0M1.1B1.5B932.8M
Depreciation And Amortization1.1B1.3B1.7B876.6M

SIS fundamental ratios Correlations

0.980.990.970.980.950.380.920.860.830.860.990.560.350.690.980.950.190.320.80.970.580.620.990.990.78
0.980.980.980.960.960.440.930.860.760.890.960.480.320.680.970.910.190.290.750.940.580.570.970.990.78
0.990.980.980.980.960.430.910.870.820.890.970.540.330.690.980.940.190.310.750.960.560.590.980.990.79
0.970.980.980.970.980.360.910.880.790.860.940.510.240.640.980.880.180.240.660.920.560.490.950.990.83
0.980.960.980.970.950.410.880.890.820.870.950.580.180.740.990.90.160.390.680.930.490.550.940.980.78
0.950.960.960.980.950.390.910.880.720.820.910.40.140.610.970.840.180.230.610.890.470.40.920.960.82
0.380.440.430.360.410.390.260.20.110.510.390.180.250.480.320.39-0.120.340.280.480.130.520.360.370.01
0.920.930.910.910.880.910.260.930.690.740.910.440.220.570.910.870.490.20.730.880.630.420.920.910.91
0.860.860.870.880.890.880.20.930.710.780.820.48-0.040.660.890.760.540.290.540.80.430.290.820.880.95
0.830.760.820.790.820.720.110.690.710.750.810.740.380.680.830.770.150.40.690.780.460.610.820.840.67
0.860.890.890.860.870.820.510.740.780.750.810.460.280.780.830.760.190.330.60.80.330.580.830.90.68
0.990.960.970.940.950.910.390.910.820.810.810.550.410.640.950.990.190.290.860.980.610.680.990.960.74
0.560.480.540.510.580.40.180.440.480.740.460.550.260.680.570.490.110.650.450.50.620.570.530.550.42
0.350.320.330.240.180.140.250.22-0.040.380.280.410.260.150.20.49-0.090.030.70.410.510.670.450.28-0.02
0.690.680.690.640.740.610.480.570.660.680.780.640.680.150.690.560.110.840.50.590.390.450.640.720.47
0.980.970.980.980.990.970.320.910.890.830.830.950.570.20.690.90.160.350.690.920.550.50.950.990.82
0.950.910.940.880.90.840.390.870.760.770.760.990.490.490.560.90.190.220.90.980.610.730.970.90.68
0.190.190.190.180.160.18-0.120.490.540.150.190.190.11-0.090.110.160.19-0.120.180.20.18-0.030.20.180.64
0.320.290.310.240.390.230.340.20.290.40.330.290.650.030.840.350.22-0.120.260.230.310.240.270.340.07
0.80.750.750.660.680.610.280.730.540.690.60.860.450.70.50.690.90.180.260.830.620.780.860.730.47
0.970.940.960.920.930.890.480.880.80.780.80.980.50.410.590.920.980.20.230.830.540.720.970.930.71
0.580.580.560.560.490.470.130.630.430.460.330.610.620.510.390.550.610.180.310.620.540.440.630.540.47
0.620.570.590.490.550.40.520.420.290.610.580.680.570.670.450.50.73-0.030.240.780.720.440.650.550.18
0.990.970.980.950.940.920.360.920.820.820.830.990.530.450.640.950.970.20.270.860.970.630.650.970.76
0.990.990.990.990.980.960.370.910.880.840.90.960.550.280.720.990.90.180.340.730.930.540.550.970.8
0.780.780.790.830.780.820.010.910.950.670.680.740.42-0.020.470.820.680.640.070.470.710.470.180.760.8
Click cells to compare fundamentals

SIS Account Relationship Matchups

SIS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.5B50.4B51.0B57.1B59.7B37.4B
Short Long Term Debt Total13.3B14.7B14.5B16.5B16.6B10.3B
Other Current Liab12.1B14.3B13.0B14.4B15.8B9.9B
Total Current Liabilities19.1B21.8B21.2B22.6B29.9B16.1B
Total Stockholder Equity13.9B18.3B20.7B23.3B24.1B13.2B
Property Plant And Equipment Net2.7B2.6B2.8B3.3B3.8B2.2B
Current Deferred Revenue12.5B14.7B13.0B12.5B1.9M1.8M
Net Debt9.1B6.2B7.7B9.8B10.1B10.6B
Retained Earnings9.1B12.7B15.6B19.0B20.8B21.8B
Accounts Payable538.1M661.5M582.6M639.1M846.9M589.7M
Cash4.2B8.5B6.8B6.7B6.5B5.4B
Non Current Assets Total22.6B21.3B23.3B24.7B24.1B15.5B
Non Currrent Assets Other2.5B2.2B3.1B3.0B3.7B2.4B
Other Assets4.0B4.9B4.5B10K11.5K10.9K
Cash And Short Term Investments4.2B10.4B7.1B14.0B7.0B7.1B
Net Receivables16.0B16.5B18.8B22.8B25.9B14.0B
Good Will12.3B11.4B11.6B11.4B10.7B7.5B
Short Term Investments6.3M1.8B233.2M7.4B488.8M464.4M
Liabilities And Stockholders Equity46.5B50.4B51.0B57.1B59.7B37.4B
Non Current Liabilities Total13.5B10.2B9.0B11.2B5.7B7.9B
Inventory338.6M308.9M340.3M314.3M309.0M203.4M
Other Current Assets3.4B2.0B1.5B2.1B2.4B2.1B
Other Stockholder Equity3.5B3.7B4.4B1.9B1.0B984.6M
Total Liab32.6B32.1B30.2B33.8B35.6B24.0B
Total Current Assets23.9B29.1B27.7B32.4B35.6B21.9B
Accumulated Other Comprehensive Income(1.8B)1.2B1.6B1.6B1.6B1.7B
Short Term Debt6.1B6.4B7.5B7.5B13.2B13.8B
Intangible Assets1.7B1.7B1.8B2.0B2.0B1.9B
Common Stock733.2M741.5M735.2M728.7M720.5M569.2M
Other Liab9.3B6.3B1.9B2.1B2.4B3.3B
Net Tangible Assets(1.6B)(160.4M)5.2B7.3B8.4B8.8B
Long Term Debt5.8B7.4B6.1B8.0B2.3B2.2B
Short Long Term Debt5.8B4.2B7.2B7.2B12.8B13.4B
Property Plant Equipment1.8B2.7B2.6B2.8B3.2B1.9B
Net Invested Capital26.0B22.5B34.0B38.6B39.2B31.2B

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Other Information on Investing in SIS Stock

Balance Sheet is a snapshot of the financial position of SIS LIMITED at a specified time, usually calculated after every quarter, six months, or one year. SIS Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SIS 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 SIS currently owns. An asset can also be divided into two categories, current and non-current.