SLM Interest Expense vs Gross Profit Analysis
| SLM Stock | USD 27.13 2.27 9.13% |
SLM Corp financial indicator trend analysis is much more than just breaking down SLM Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SLM Corp is a good investment. Please check the relationship between SLM Corp Interest Expense and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SLM Corp. 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. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SLM Corp Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between SLM Corp's Interest Expense and Gross Profit is 0.73. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of SLM Corp, assuming nothing else is changed. The correlation between historical values of SLM Corp's Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of SLM Corp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., SLM Corp's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.73 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of SLM Corp minus its cost of goods sold. It is profit before SLM Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from SLM Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SLM Corp 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 SLM Corp. 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. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.As of the 24th of November 2024, Tax Provision is likely to grow to about 208.3 M, while Selling General Administrative is likely to drop about 351.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 1.5B | 637.6M | 1.4B | 1.3B | Other Operating Expenses | 487.0M | 551.5M | 1.2B | 1.1B |
SLM Corp fundamental ratios Correlations
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SLM Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SLM Corp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 430.7M | 387.2M | 319.9M | 261.5M | 234.1M | 222.4M | |
| Total Assets | 32.7B | 30.8B | 29.2B | 28.8B | 29.2B | 27.7B | |
| Short Long Term Debt Total | 4.6B | 5.2B | 5.9B | 5.2B | 5.2B | 5.0B | |
| Other Current Liab | (289.2M) | (5.2B) | (5.9B) | (5.2B) | (5.2B) | (5.0B) | |
| Total Current Liabilities | 289.2M | 33.4B | 33.0B | 32.3B | (5.2B) | (5.0B) | |
| Total Stockholder Equity | 3.3B | 2.6B | 2.1B | 1.7B | 1.9B | 2.8B | |
| Net Debt | (920.6M) | 733.9M | 1.6B | 619.0M | 1.1B | 1.0B | |
| Retained Earnings | 1.9B | 1.7B | 2.8B | 3.2B | 3.6B | 3.8B | |
| Accounts Payable | 24.3B | 22.7B | 20.8B | 21.4B | 24.7B | 25.9B | |
| Cash | 5.6B | 4.5B | 4.3B | 4.6B | 4.1B | 3.8B | |
| Non Current Assets Total | 706.8M | 2.2B | 2.9B | 259.0M | 2.8B | 2.9B | |
| Non Currrent Assets Other | (706.8M) | (2.2B) | (2.9B) | (31.3B) | (2.8B) | (2.9B) | |
| Other Assets | 24.4B | 20.3B | 18.1B | 22.3B | 20.5B | 21.5B | |
| Cash And Short Term Investments | 6.1B | 6.5B | 6.9B | 4.7B | 4.1B | 3.8B | |
| Net Receivables | 1.5B | 1.8B | 1.5B | 1.6B | 1.7B | 1.7B | |
| Liabilities And Stockholders Equity | 32.7B | 30.8B | 29.2B | 28.8B | 29.2B | 27.7B | |
| Non Current Liabilities Total | 4.4B | 5.2B | 5.9B | 5.2B | 5.2B | 5.0B | |
| Other Stockholder Equity | 983.0M | 532.3M | (987.0M) | (1.7B) | (2.0B) | (1.9B) | |
| Total Liab | 29.4B | 5.2B | 5.9B | 27.1B | 27.3B | 25.9B | |
| Total Current Assets | 7.6B | 8.2B | 8.3B | 6.3B | 5.9B | 5.6B | |
| Short Term Debt | 289.2M | 5.2B | 5.9B | 5.2B | 5.2B | 5.0B | |
| Accumulated Other Comprehensive Income | (12.4M) | (34.2M) | (17.9M) | (93.9M) | (75.1M) | (71.3M) | |
| Common Stock Total Equity | 90.7M | 91.3M | 86.4M | 87.0M | 100.1M | 95.2M | |
| Common Stock | 90.7M | 91.3M | 86.4M | 87.0M | 87.6M | 95.3M | |
| Short Term Investments | 487.7M | 2.0B | 2.5B | 2.3B | 686.8M | 652.4M | |
| Other Current Assets | (7.3B) | (6.4B) | (6.0B) | (6.4B) | (5.9B) | (5.6B) | |
| Property Plant And Equipment Net | 134.7M | 154.7M | 150.5M | 140.7M | 129.5M | 144.0M | |
| Property Plant And Equipment Gross | 134.7M | 154.7M | 253.3M | 263.9M | 275.1M | 161.5M | |
| Long Term Debt | 4.4B | 5.2B | 5.9B | 5.2B | 5.2B | 5.0B | |
| Retained Earnings Total Equity | 1.9B | 1.7B | 2.8B | 3.2B | 3.6B | 3.8B | |
| Treasury Stock | (142.6M) | (324.7M) | (799.0M) | (2.1B) | (1.9B) | (1.8B) | |
| Property Plant Equipment | 134.7M | 154.7M | 150.5M | 140.7M | 161.8M | 169.9M | |
| Net Tangible Assets | 2.9B | 2.3B | 1.9B | 1.4B | 1.2B | 2.1B | |
| Long Term Debt Total | 4.4B | 5.2B | 5.9B | 5.2B | 4.7B | 4.5B |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in SLM Corp. 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. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Consumer Finance 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 SLM Corp. If investors know SLM 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 SLM Corp 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 0.009 | Dividend Share 0.44 | Earnings Share 2.9 | Revenue Per Share 7.232 | Quarterly Revenue Growth (0.47) |
The market value of SLM Corp is measured differently than its book value, which is the value of SLM that is recorded on the company's balance sheet. Investors also form their own opinion of SLM Corp's value that differs from its market value or its book value, called intrinsic value, which is SLM Corp'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 SLM Corp's market value can be influenced by many factors that don't directly affect SLM Corp'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 SLM Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SLM Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SLM Corp'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.