SIS Retained Earnings vs Good Will Analysis

SIS Stock   335.15  4.35  1.31%   
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 Retained Earnings and its Good Will 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.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SIS LIMITED Retained Earnings account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between SIS's Retained Earnings and Good Will is 0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will 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 Retained Earnings and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of SIS LIMITED are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., SIS's Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 988.6 M, whereas Selling General Administrative is forecasted to decline to about 2.3 B.
 2022 2023 2024 2025 (projected)
Interest Expense1.1B1.5B1.7B932.8M
Depreciation And Amortization1.3B1.7B1.9B2.0B

SIS fundamental ratios Correlations

0.990.990.870.90.950.220.910.860.870.880.990.610.220.680.880.950.470.250.710.960.630.490.990.990.79
0.990.990.870.890.960.280.910.850.810.90.960.550.20.680.870.920.460.230.680.940.630.450.980.990.79
0.990.990.880.90.960.250.90.870.860.90.970.60.20.680.880.930.490.230.660.960.610.460.980.990.8
0.870.870.880.980.870.010.960.980.770.790.830.520.010.570.990.770.710.10.510.810.560.220.850.880.98
0.90.890.90.980.880.10.950.990.80.830.870.58-0.010.670.990.820.650.240.570.850.530.320.870.90.94
0.950.960.960.870.880.180.890.870.80.840.910.490.020.590.870.830.540.150.510.890.540.260.920.970.83
0.220.280.250.010.10.180.110.03-0.030.360.250.090.280.420.00.28-0.270.350.270.350.050.530.210.19-0.15
0.910.910.90.960.950.890.110.940.730.760.90.50.110.570.970.860.610.150.660.870.660.320.910.90.92
0.860.850.870.980.990.870.030.940.760.790.820.53-0.120.630.990.750.690.20.460.790.480.180.820.880.97
0.870.810.860.770.80.8-0.030.730.760.790.840.760.230.650.80.780.50.30.590.80.530.450.860.880.73
0.880.90.90.790.830.840.360.760.790.790.840.520.190.770.780.790.410.280.560.830.40.490.860.910.7
0.990.960.970.830.870.910.250.90.820.840.840.60.30.640.850.980.420.240.790.990.650.580.990.960.74
0.610.550.60.520.580.490.090.50.530.760.520.60.20.690.560.540.30.590.430.550.660.510.590.60.48
0.220.20.20.01-0.010.020.280.11-0.120.230.190.30.20.12-0.020.4-0.190.040.690.320.430.670.330.15-0.12
0.680.680.680.570.670.590.420.570.630.650.770.640.690.120.610.580.190.820.490.60.410.430.640.690.46
0.880.870.880.990.990.870.00.970.990.80.780.850.56-0.020.610.80.690.190.550.820.560.250.860.890.97
0.950.920.930.770.820.830.280.860.750.780.790.980.540.40.580.80.360.190.860.980.640.660.960.90.68
0.470.460.490.710.650.54-0.270.610.690.50.410.420.3-0.190.190.690.36-0.130.120.390.33-0.110.450.50.77
0.250.230.230.10.240.150.350.150.20.30.280.240.590.040.820.190.19-0.130.260.190.280.240.210.250.02
0.710.680.660.510.570.510.270.660.460.590.560.790.430.690.490.550.860.120.260.780.590.780.780.630.39
0.960.940.960.810.850.890.350.870.790.80.830.990.550.320.60.820.980.390.190.780.590.630.970.930.71
0.630.630.610.560.530.540.050.660.480.530.40.650.660.430.410.560.640.330.280.590.590.390.670.590.51
0.490.450.460.220.320.260.530.320.180.450.490.580.510.670.430.250.66-0.110.240.780.630.390.540.410.08
0.990.980.980.850.870.920.210.910.820.860.860.990.590.330.640.860.960.450.210.780.970.670.540.970.77
0.990.990.990.880.90.970.190.90.880.880.910.960.60.150.690.890.90.50.250.630.930.590.410.970.82
0.790.790.80.980.940.83-0.150.920.970.730.70.740.48-0.120.460.970.680.770.020.390.710.510.080.770.82
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SIS Account Relationship Matchups

SIS fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets50.4B51.0B57.1B59.7B68.7B37.4B
Short Long Term Debt Total14.7B14.5B16.5B16.6B19.1B10.3B
Other Current Liab14.3B13.0B14.4B15.8B18.2B9.9B
Total Current Liabilities21.8B21.2B22.6B29.9B34.3B36.1B
Total Stockholder Equity18.3B20.7B23.3B24.1B27.8B29.1B
Property Plant And Equipment Net2.6B2.8B3.3B3.8B4.3B2.2B
Current Deferred Revenue14.7B13.0B12.5B1.9M2.2M2.1M
Net Debt6.2B7.7B9.8B10.1B11.6B12.2B
Retained Earnings12.7B15.6B19.0B20.8B23.9B25.1B
Accounts Payable661.5M582.6M639.1M846.9M973.9M589.7M
Cash8.5B6.8B6.7B6.5B7.5B5.4B
Non Current Assets Total21.3B23.3B24.7B24.1B27.7B15.5B
Non Currrent Assets Other2.2B3.1B3.0B3.7B4.2B2.4B
Other Assets4.0B4.9B4.5B10K11.5K10.9K
Cash And Short Term Investments10.4B7.1B14.0B7.0B8.1B7.1B
Net Receivables16.5B18.8B22.8B25.9B29.8B31.3B
Good Will11.4B11.6B11.4B10.7B12.3B7.5B
Common Stock Shares Outstanding149.0M147.7M148.6M146.6M168.5M161.8M
Short Term Investments1.8B233.2M7.4B488.8M562.2M534.1M
Liabilities And Stockholders Equity50.4B51.0B57.1B59.7B68.7B37.4B
Non Current Liabilities Total10.2B9.0B11.2B5.7B6.6B7.9B
Inventory308.9M340.3M314.3M309.0M355.4M203.4M
Other Current Assets2.0B1.5B2.1B2.4B2.8B2.1B
Other Stockholder Equity3.7B4.4B1.9B1.0B1.2B1.1B
Total Liab32.1B30.2B33.8B35.6B40.9B24.0B
Total Current Assets29.1B27.7B32.4B35.6B41.0B21.9B
Accumulated Other Comprehensive Income1.2B1.6B1.6B1.6B1.9B1.9B
Short Term Debt6.4B7.5B7.5B13.2B15.2B15.9B
Intangible Assets1.7B1.8B2.0B2.0B2.3B1.9B
Common Stock741.5M735.2M728.7M720.5M828.6M569.2M
Other Liab9.3B6.3B1.9B2.1B2.4B3.3B
Net Tangible Assets(1.6B)(160.4M)5.2B7.3B8.4B8.8B
Long Term Debt7.4B6.1B8.0B2.3B2.6B4.7B
Short Long Term Debt4.2B7.2B7.2B12.8B14.7B15.4B
Property Plant Equipment1.8B2.7B2.6B2.8B3.2B1.9B
Net Invested Capital22.5B34.0B38.6B39.2B45.1B31.2B

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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.