Selectquote Accounts Payable vs Long Term Debt Total Analysis

SLQT Stock  USD 2.98  0.12  4.20%   
Selectquote financial indicator trend analysis is much more than just breaking down Selectquote prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Selectquote is a good investment. Please check the relationship between Selectquote Accounts Payable and its Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selectquote. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy Selectquote Stock please use our How to Invest in Selectquote guide.

Accounts Payable vs Long Term Debt Total

Accounts Payable vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Selectquote Accounts Payable account and Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Selectquote's Accounts Payable and Long Term Debt Total is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Selectquote, assuming nothing else is changed. The correlation between historical values of Selectquote's Accounts Payable and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Selectquote are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Accounts Payable i.e., Selectquote's Accounts Payable and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Selectquote obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Selectquote are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Debt Total

Most indicators from Selectquote's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Selectquote 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 Selectquote. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy Selectquote Stock please use our How to Invest in Selectquote guide.At this time, Selectquote's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Enterprise Value Multiple is likely to drop 15.02 in 2024.
 2023 2024 (projected)
Depreciation And Amortization25.0M17.6M
Interest Income1.9M1.4M

Selectquote fundamental ratios Correlations

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0.940.940.960.66-0.070.670.940.570.94-0.880.920.520.97-0.210.981.00.520.990.730.950.840.930.990.950.92
0.960.940.960.780.120.80.850.520.79-0.840.920.710.94-0.030.940.950.710.920.840.980.830.980.960.990.81
0.930.960.960.68-0.010.720.840.610.89-0.870.960.540.95-0.120.970.960.540.970.760.990.870.950.960.960.85
0.870.660.780.680.690.990.740.270.37-0.380.820.920.80.530.750.670.920.610.980.770.770.810.740.790.69
0.26-0.070.12-0.010.690.670.12-0.23-0.370.390.230.720.160.950.09-0.060.72-0.120.610.110.20.160.050.160.09
0.870.670.80.720.990.670.710.340.39-0.420.860.890.810.520.770.680.890.630.980.80.80.830.750.810.67
0.930.940.850.840.740.120.710.520.84-0.710.870.580.96-0.040.930.940.580.910.780.850.790.860.960.870.98
0.50.570.520.610.27-0.230.340.520.61-0.710.550.00.55-0.360.580.570.00.60.330.590.580.620.550.470.55
0.780.940.790.890.37-0.370.390.840.61-0.90.780.20.85-0.460.890.930.20.960.460.820.710.780.890.80.86
-0.75-0.88-0.84-0.87-0.380.39-0.42-0.71-0.71-0.9-0.74-0.22-0.780.53-0.8-0.88-0.22-0.89-0.46-0.83-0.75-0.85-0.84-0.78-0.69
0.960.920.920.960.820.230.860.870.550.78-0.740.660.960.10.970.910.660.920.860.970.940.940.940.950.86
0.740.520.710.540.920.720.890.580.00.2-0.220.660.640.60.590.541.00.440.90.650.540.670.610.730.49
0.990.970.940.950.80.160.810.960.550.85-0.780.960.640.010.990.970.640.960.850.960.880.950.990.950.95
0.1-0.21-0.03-0.120.530.950.52-0.04-0.36-0.460.530.10.60.01-0.03-0.20.6-0.240.48-0.02-0.01-0.02-0.10.04-0.02
0.970.980.940.970.750.090.770.930.580.89-0.80.970.590.99-0.030.970.590.980.810.970.870.940.980.960.94
0.951.00.950.960.67-0.060.680.940.570.93-0.880.910.540.97-0.20.970.540.990.730.950.840.940.990.950.92
0.740.520.710.540.920.720.890.580.00.2-0.220.661.00.640.60.590.540.440.90.650.540.670.610.730.49
0.920.990.920.970.61-0.120.630.910.60.96-0.890.920.440.96-0.240.980.990.440.680.940.850.910.980.920.91
0.910.730.840.760.980.610.980.780.330.46-0.460.860.90.850.480.810.730.90.680.830.760.860.80.850.76
0.960.950.980.990.770.110.80.850.590.82-0.830.970.650.96-0.020.970.950.650.940.830.880.970.960.990.83
0.890.840.830.870.770.20.80.790.580.71-0.750.940.540.88-0.010.870.840.540.850.760.880.910.860.830.75
0.970.930.980.950.810.160.830.860.620.78-0.850.940.670.95-0.020.940.940.670.910.860.970.910.950.950.83
0.980.990.960.960.740.050.750.960.550.89-0.840.940.610.99-0.10.980.990.610.980.80.960.860.950.960.93
0.970.950.990.960.790.160.810.870.470.8-0.780.950.730.950.040.960.950.730.920.850.990.830.950.960.84
0.90.920.810.850.690.090.670.980.550.86-0.690.860.490.95-0.020.940.920.490.910.760.830.750.830.930.84
Click cells to compare fundamentals

Selectquote Account Relationship Matchups

Selectquote fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.4B1.3B1.2B1.2B1.1B
Short Long Term Debt Total311.8M502.7M744.8M731.6M713.9M479.3M
Other Current Liab71.1M61.8M68.2M70.5M74.6M59.9M
Total Current Liabilities95.8M108.8M113.5M137.3M174.6M108.0M
Total Stockholder Equity545.7M674.9M391.1M347.0M316.8M428.5M
Other Liab120.4M152.7M52.9M42.4M38.2M69.7M
Net Tangible Assets471.0M553.6M314.4M292.9M336.8M378.5M
Property Plant And Equipment Net22.2M60.9M69.8M51.0M42.4M42.6M
Current Deferred Revenue1.7M5.1M8.0M1.7M12.7M13.4M
Net Debt(9.3M)216.3M603.8M648.4M671.2M341.7M
Retained Earnings(2.8M)128.3M(177.1M)(235.6M)(269.8M)(256.3M)
Accounts Payable22.9M34.1M24.8M27.6M36.6M25.0M
Cash321.1M286.5M141.0M83.2M42.7M40.6M
Non Current Assets Total560.0M940.4M887.3M856.0M861.0M726.4M
Non Currrent Assets Other463.2M758.2M(46.9M)21.6M46.0M43.7M
Other Assets463.2M758.2M725.5M733.1M843.0M578.7M
Long Term Debt311.8M459.0M698.4M664.6M637.5M442.0M
Cash And Short Term Investments321.1M286.5M141.0M83.2M42.7M40.6M
Net Receivables134.8M194.5M246.0M265.7M270.9M202.2M
Common Stock Total Equity1.2M1.6M1.6M1.6M1.9M1.6M
Liabilities And Stockholders Equity1.1B1.4B1.3B1.2B1.2B1.1B
Non Current Liabilities Total432.3M650.2M785.4M735.0M702.5M550.2M
Capital Lease Obligations0.043.9M39.5M33.1M30.6M23.1M
Other Current Assets10.1M4.3M10.0M8.8M10.6M8.5M
Other Stockholder Equity548.1M544.8M554.8M567.3M580.8M459.4M
Total Liab528.1M759.0M898.9M872.3M877.1M658.2M
Net Invested Capital857.5M1.1B1.1B1.0B1.0B884.9M
Property Plant And Equipment Gross22.2M60.9M69.8M51.0M81.8M48.8M
Total Current Assets513.8M493.4M402.8M363.2M332.9M360.3M
Accumulated Other Comprehensive Income(1.3M)229K11.7M13.7M4.1M4.3M
Net Working Capital418.0M384.6M289.3M226.0M158.3M252.2M
Short Term Debt49K7.8M12.6M39.2M50.7M53.2M
Intangible Assets28.1M53.3M47.6M24.9M24.2M28.9M
Common Stock1.6M1.6M1.6M1.7M1.7M1.7M
Property Plant Equipment22.2M60.9M69.8M51.0M58.7M41.9M

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Additional Tools for Selectquote Stock Analysis

When running Selectquote's price analysis, check to measure Selectquote's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Selectquote is operating at the current time. Most of Selectquote's value examination focuses on studying past and present price action to predict the probability of Selectquote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Selectquote's price. Additionally, you may evaluate how the addition of Selectquote to your portfolios can decrease your overall portfolio volatility.