SLM Other Current Liab vs Cash Analysis

SLM Stock  USD 24.86  0.89  3.71%   
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 Other Current Liab and its Cash 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.

Other Current Liab vs Cash

Other Current Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SLM Corp Other Current Liab account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between SLM Corp's Other Current Liab and Cash is -0.73. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash 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 Other Current Liab and Cash 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 Current Liab of SLM Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., SLM Corp's Other Current Liab and Cash go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Liab

Cash

Cash refers to the most liquid asset of SLM Corp, which is listed under current asset account on SLM Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SLM Corp customers. The amounts must be unrestricted with restricted cash listed in a different SLM Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 22nd 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 Income1.5B637.6M1.4B1.3B
Other Operating Expenses487.0M551.5M1.2B1.1B

SLM Corp fundamental ratios Correlations

0.130.21-0.220.12-0.110.2-0.5-0.520.460.050.080.110.310.010.160.290.150.150.36-0.74-0.70.910.330.86-0.68
0.130.990.040.370.90.99-0.03-0.410.360.690.690.540.00.991.00.70.990.130.620.510.54-0.090.060.48-0.36
0.210.990.120.360.871.0-0.14-0.520.30.70.70.52-0.080.950.990.760.990.040.690.450.49-0.040.190.52-0.46
-0.220.040.12-0.060.290.07-0.53-0.45-0.730.230.28-0.16-0.790.00.070.540.08-0.880.190.390.44-0.510.6-0.44-0.23
0.120.370.36-0.060.230.36-0.13-0.140.130.120.080.340.220.370.350.320.30.230.460.040.12-0.01-0.010.19-0.12
-0.110.90.870.290.230.860.01-0.280.190.710.720.4-0.110.910.890.730.89-0.020.480.720.76-0.37-0.010.19-0.15
0.20.991.00.070.360.86-0.12-0.50.330.680.680.55-0.050.960.990.730.990.080.650.450.48-0.030.160.52-0.45
-0.5-0.03-0.14-0.53-0.130.01-0.120.750.370.02-0.05-0.090.410.09-0.07-0.67-0.050.51-0.290.270.19-0.18-0.76-0.130.7
-0.52-0.41-0.52-0.45-0.14-0.28-0.50.750.15-0.41-0.45-0.10.41-0.28-0.47-0.7-0.450.56-0.420.10.04-0.23-0.65-0.410.97
0.460.360.3-0.730.130.190.330.370.150.280.230.120.850.350.35-0.070.340.78-0.02-0.26-0.270.56-0.550.73-0.02
0.050.690.70.230.120.710.680.02-0.410.280.99-0.230.00.650.730.510.7-0.140.250.440.47-0.13-0.010.3-0.34
0.080.690.70.280.080.720.68-0.05-0.450.230.99-0.23-0.040.630.720.570.69-0.190.270.440.47-0.130.050.29-0.37
0.110.540.52-0.160.340.40.55-0.09-0.10.12-0.23-0.23-0.060.570.490.370.530.290.560.190.20.010.130.28-0.11
0.310.0-0.08-0.790.22-0.11-0.050.410.410.850.0-0.04-0.060.02-0.02-0.31-0.060.86-0.26-0.37-0.370.47-0.680.440.22
0.010.990.950.00.370.910.960.09-0.280.350.650.630.570.020.970.620.970.190.590.60.62-0.18-0.040.4-0.21
0.161.00.990.070.350.890.99-0.07-0.470.350.730.720.49-0.020.970.710.990.080.610.490.52-0.070.090.5-0.41
0.290.70.760.540.320.730.73-0.67-0.7-0.070.510.570.37-0.310.620.710.7-0.320.570.330.41-0.130.480.26-0.58
0.150.990.990.080.30.890.99-0.05-0.450.340.70.690.53-0.060.970.990.70.070.630.490.52-0.070.110.5-0.39
0.150.130.04-0.880.23-0.020.080.510.560.78-0.14-0.190.290.860.190.08-0.320.07-0.06-0.19-0.210.34-0.610.390.39
0.360.620.690.190.460.480.65-0.29-0.42-0.020.250.270.56-0.260.590.610.570.63-0.060.10.130.160.490.46-0.37
-0.740.510.450.390.040.720.450.270.1-0.260.440.440.19-0.370.60.490.330.49-0.190.10.98-0.87-0.15-0.470.3
-0.70.540.490.440.120.760.480.190.04-0.270.470.470.2-0.370.620.520.410.52-0.210.130.98-0.87-0.11-0.450.24
0.91-0.09-0.04-0.51-0.01-0.37-0.03-0.18-0.230.56-0.13-0.130.010.47-0.18-0.07-0.13-0.070.340.16-0.87-0.870.110.83-0.45
0.330.060.190.6-0.01-0.010.16-0.76-0.65-0.55-0.010.050.13-0.68-0.040.090.480.11-0.610.49-0.15-0.110.110.1-0.56
0.860.480.52-0.440.190.190.52-0.13-0.410.730.30.290.280.440.40.50.260.50.390.46-0.47-0.450.830.1-0.57
-0.68-0.36-0.46-0.23-0.12-0.15-0.450.70.97-0.02-0.34-0.37-0.110.22-0.21-0.41-0.58-0.390.39-0.370.30.24-0.45-0.56-0.57
Click cells to compare fundamentals

SLM Corp Account Relationship Matchups

SLM Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding430.7M387.2M319.9M261.5M234.1M222.4M
Total Assets32.7B30.8B29.2B28.8B29.2B27.7B
Short Long Term Debt Total4.6B5.2B5.9B5.2B5.2B5.0B
Other Current Liab(289.2M)(5.2B)(5.9B)(5.2B)(5.2B)(5.0B)
Total Current Liabilities289.2M33.4B33.0B32.3B(5.2B)(5.0B)
Total Stockholder Equity3.3B2.6B2.1B1.7B1.9B2.8B
Net Debt(920.6M)733.9M1.6B619.0M1.1B1.0B
Retained Earnings1.9B1.7B2.8B3.2B3.6B3.8B
Accounts Payable24.3B22.7B20.8B21.4B24.7B25.9B
Cash5.6B4.5B4.3B4.6B4.1B3.8B
Non Current Assets Total706.8M2.2B2.9B259.0M2.8B2.9B
Non Currrent Assets Other(706.8M)(2.2B)(2.9B)(31.3B)(2.8B)(2.9B)
Other Assets24.4B20.3B18.1B22.3B20.5B21.5B
Cash And Short Term Investments6.1B6.5B6.9B4.7B4.1B3.8B
Net Receivables1.5B1.8B1.5B1.6B1.7B1.7B
Liabilities And Stockholders Equity32.7B30.8B29.2B28.8B29.2B27.7B
Non Current Liabilities Total4.4B5.2B5.9B5.2B5.2B5.0B
Other Stockholder Equity983.0M532.3M(987.0M)(1.7B)(2.0B)(1.9B)
Total Liab29.4B5.2B5.9B27.1B27.3B25.9B
Total Current Assets7.6B8.2B8.3B6.3B5.9B5.6B
Short Term Debt289.2M5.2B5.9B5.2B5.2B5.0B
Accumulated Other Comprehensive Income(12.4M)(34.2M)(17.9M)(93.9M)(75.1M)(71.3M)
Common Stock Total Equity90.7M91.3M86.4M87.0M100.1M95.2M
Common Stock90.7M91.3M86.4M87.0M87.6M95.3M
Short Term Investments487.7M2.0B2.5B2.3B686.8M652.4M
Other Current Assets(7.3B)(6.4B)(6.0B)(6.4B)(5.9B)(5.6B)
Property Plant And Equipment Net134.7M154.7M150.5M140.7M129.5M144.0M
Property Plant And Equipment Gross134.7M154.7M253.3M263.9M275.1M161.5M
Long Term Debt4.4B5.2B5.9B5.2B5.2B5.0B
Retained Earnings Total Equity1.9B1.7B2.8B3.2B3.6B3.8B
Treasury Stock(142.6M)(324.7M)(799.0M)(2.1B)(1.9B)(1.8B)
Property Plant Equipment134.7M154.7M150.5M140.7M161.8M169.9M
Net Tangible Assets2.9B2.3B1.9B1.4B1.2B2.1B
Long Term Debt Total4.4B5.2B5.9B5.2B4.7B4.5B

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When determining whether SLM Corp is a strong investment it is important to analyze SLM Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SLM Corp's future performance. For an informed investment choice regarding SLM Stock, refer to the following important reports:
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.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.