SLM Total Current Liabilities vs Cash 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 Total Current Liabilities 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SLM Corp Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between SLM Corp's Total Current Liabilities and Cash is 0.13. Overlapping area represents the amount of variation of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities i.e., SLM Corp's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 0.13 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on SLM Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SLM Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 25th 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.