Selectquote Total Assets vs Retained Earnings Analysis

SLQT Stock

USD 2.61 0.06 2.35%

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 Total Assets and its Retained Earnings 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Selectquote Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Selectquote's Total Assets and Retained Earnings is -0.75. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Selectquote, assuming nothing else is changed. The correlation between historical values of Selectquote's Total Assets and Retained Earnings 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 Assets of Selectquote are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Selectquote's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.75

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Assets

Total assets refers to the total amount of Selectquote assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Selectquote books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.

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 Amortization	25.0M	17.6M
Interest Income	1.9M	1.4M

Depreciation And Amortization Interest Income

Selectquote fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations
Total Assets		0.94	0.96	0.93	0.87	0.26	0.87	0.93	0.5	0.78	-0.75	0.96	0.74	0.99	0.1	0.97	0.95	0.74	0.92	0.91	0.96	0.89	0.97	0.98	0.97	0.9
Short Long Term Debt Total	0.94		0.94	0.96	0.66	-0.07	0.67	0.94	0.57	0.94	-0.88	0.92	0.52	0.97	-0.21	0.98	1.0	0.52	0.99	0.73	0.95	0.84	0.93	0.99	0.95	0.92
Other Current Liab	0.96	0.94		0.96	0.78	0.12	0.8	0.85	0.52	0.79	-0.84	0.92	0.71	0.94	-0.03	0.94	0.95	0.71	0.92	0.84	0.98	0.83	0.98	0.96	0.99	0.81
Total Current Liabilities	0.93	0.96	0.96		0.68	-0.01	0.72	0.84	0.61	0.89	-0.87	0.96	0.54	0.95	-0.12	0.97	0.96	0.54	0.97	0.76	0.99	0.87	0.95	0.96	0.96	0.85
Total Stockholder Equity	0.87	0.66	0.78	0.68		0.69	0.99	0.74	0.27	0.37	-0.38	0.82	0.92	0.8	0.53	0.75	0.67	0.92	0.61	0.98	0.77	0.77	0.81	0.74	0.79	0.69
Other Liab	0.26	-0.07	0.12	-0.01	0.69		0.67	0.12	-0.23	-0.37	0.39	0.23	0.72	0.16	0.95	0.09	-0.06	0.72	-0.12	0.61	0.11	0.2	0.16	0.05	0.16	0.09
Net Tangible Assets	0.87	0.67	0.8	0.72	0.99	0.67		0.71	0.34	0.39	-0.42	0.86	0.89	0.81	0.52	0.77	0.68	0.89	0.63	0.98	0.8	0.8	0.83	0.75	0.81	0.67
Property Plant And Equipment Net	0.93	0.94	0.85	0.84	0.74	0.12	0.71		0.52	0.84	-0.71	0.87	0.58	0.96	-0.04	0.93	0.94	0.58	0.91	0.78	0.85	0.79	0.86	0.96	0.87	0.98
Current Deferred Revenue	0.5	0.57	0.52	0.61	0.27	-0.23	0.34	0.52		0.61	-0.71	0.55	0.0	0.55	-0.36	0.58	0.57	0.0	0.6	0.33	0.59	0.58	0.62	0.55	0.47	0.55
Net Debt	0.78	0.94	0.79	0.89	0.37	-0.37	0.39	0.84	0.61		-0.9	0.78	0.2	0.85	-0.46	0.89	0.93	0.2	0.96	0.46	0.82	0.71	0.78	0.89	0.8	0.86
Retained Earnings	-0.75	-0.88	-0.84	-0.87	-0.38	0.39	-0.42	-0.71	-0.71	-0.9		-0.74	-0.22	-0.78	0.53	-0.8	-0.88	-0.22	-0.89	-0.46	-0.83	-0.75	-0.85	-0.84	-0.78	-0.69
Accounts Payable	0.96	0.92	0.92	0.96	0.82	0.23	0.86	0.87	0.55	0.78	-0.74		0.66	0.96	0.1	0.97	0.91	0.66	0.92	0.86	0.97	0.94	0.94	0.94	0.95	0.86
Cash	0.74	0.52	0.71	0.54	0.92	0.72	0.89	0.58	0.0	0.2	-0.22	0.66		0.64	0.6	0.59	0.54	1.0	0.44	0.9	0.65	0.54	0.67	0.61	0.73	0.49
Non Current Assets Total	0.99	0.97	0.94	0.95	0.8	0.16	0.81	0.96	0.55	0.85	-0.78	0.96	0.64		0.01	0.99	0.97	0.64	0.96	0.85	0.96	0.88	0.95	0.99	0.95	0.95
Non Currrent Assets Other	0.1	-0.21	-0.03	-0.12	0.53	0.95	0.52	-0.04	-0.36	-0.46	0.53	0.1	0.6	0.01		-0.03	-0.2	0.6	-0.24	0.48	-0.02	-0.01	-0.02	-0.1	0.04	-0.02
Other Assets	0.97	0.98	0.94	0.97	0.75	0.09	0.77	0.93	0.58	0.89	-0.8	0.97	0.59	0.99	-0.03		0.97	0.59	0.98	0.81	0.97	0.87	0.94	0.98	0.96	0.94
Long Term Debt	0.95	1.0	0.95	0.96	0.67	-0.06	0.68	0.94	0.57	0.93	-0.88	0.91	0.54	0.97	-0.2	0.97		0.54	0.99	0.73	0.95	0.84	0.94	0.99	0.95	0.92
Cash And Short Term Investments	0.74	0.52	0.71	0.54	0.92	0.72	0.89	0.58	0.0	0.2	-0.22	0.66	1.0	0.64	0.6	0.59	0.54		0.44	0.9	0.65	0.54	0.67	0.61	0.73	0.49
Net Receivables	0.92	0.99	0.92	0.97	0.61	-0.12	0.63	0.91	0.6	0.96	-0.89	0.92	0.44	0.96	-0.24	0.98	0.99	0.44		0.68	0.94	0.85	0.91	0.98	0.92	0.91
Good Will	0.91	0.73	0.84	0.76	0.98	0.61	0.98	0.78	0.33	0.46	-0.46	0.86	0.9	0.85	0.48	0.81	0.73	0.9	0.68		0.83	0.76	0.86	0.8	0.85	0.76
Common Stock Total Equity	0.96	0.95	0.98	0.99	0.77	0.11	0.8	0.85	0.59	0.82	-0.83	0.97	0.65	0.96	-0.02	0.97	0.95	0.65	0.94	0.83		0.88	0.97	0.96	0.99	0.83
Common Stock Shares Outstanding	0.89	0.84	0.83	0.87	0.77	0.2	0.8	0.79	0.58	0.71	-0.75	0.94	0.54	0.88	-0.01	0.87	0.84	0.54	0.85	0.76	0.88		0.91	0.86	0.83	0.75
Long Term Debt Total	0.97	0.93	0.98	0.95	0.81	0.16	0.83	0.86	0.62	0.78	-0.85	0.94	0.67	0.95	-0.02	0.94	0.94	0.67	0.91	0.86	0.97	0.91		0.95	0.95	0.83
Non Current Liabilities Total	0.98	0.99	0.96	0.96	0.74	0.05	0.75	0.96	0.55	0.89	-0.84	0.94	0.61	0.99	-0.1	0.98	0.99	0.61	0.98	0.8	0.96	0.86	0.95		0.96	0.93
Capital Surpluse	0.97	0.95	0.99	0.96	0.79	0.16	0.81	0.87	0.47	0.8	-0.78	0.95	0.73	0.95	0.04	0.96	0.95	0.73	0.92	0.85	0.99	0.83	0.95	0.96		0.84
Capital Lease Obligations	0.9	0.92	0.81	0.85	0.69	0.09	0.67	0.98	0.55	0.86	-0.69	0.86	0.49	0.95	-0.02	0.94	0.92	0.49	0.91	0.76	0.83	0.75	0.83	0.93	0.84

Click cells to compare fundamentals

Selectquote Account Relationship Matchups

Selectquote fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.4B	1.3B	1.2B	1.2B	1.1B
Short Long Term Debt Total	311.8M	502.7M	744.8M	731.6M	713.9M	479.3M
Other Current Liab	71.1M	61.8M	68.2M	70.5M	74.6M	59.9M
Total Current Liabilities	95.8M	108.8M	113.5M	137.3M	174.6M	108.0M
Total Stockholder Equity	545.7M	674.9M	391.1M	347.0M	316.8M	428.5M
Other Liab	120.4M	152.7M	52.9M	42.4M	38.2M	69.7M
Net Tangible Assets	471.0M	553.6M	314.4M	292.9M	336.8M	378.5M
Property Plant And Equipment Net	22.2M	60.9M	69.8M	51.0M	42.4M	42.6M
Current Deferred Revenue	1.7M	5.1M	8.0M	1.7M	12.7M	13.4M
Net Debt	(9.3M)	216.3M	603.8M	648.4M	671.2M	341.7M
Retained Earnings	(2.8M)	128.3M	(177.1M)	(235.6M)	(269.8M)	(256.3M)
Accounts Payable	22.9M	34.1M	24.8M	27.6M	36.6M	25.0M
Cash	321.1M	286.5M	141.0M	83.2M	42.7M	40.6M
Non Current Assets Total	560.0M	940.4M	887.3M	856.0M	861.0M	726.4M
Non Currrent Assets Other	463.2M	758.2M	(46.9M)	21.6M	46.0M	43.7M
Other Assets	463.2M	758.2M	725.5M	733.1M	843.0M	578.7M
Long Term Debt	311.8M	459.0M	698.4M	664.6M	637.5M	442.0M
Cash And Short Term Investments	321.1M	286.5M	141.0M	83.2M	42.7M	40.6M
Net Receivables	134.8M	194.5M	246.0M	265.7M	270.9M	202.2M
Common Stock Total Equity	1.2M	1.6M	1.6M	1.6M	1.9M	1.6M
Liabilities And Stockholders Equity	1.1B	1.4B	1.3B	1.2B	1.2B	1.1B
Non Current Liabilities Total	432.3M	650.2M	785.4M	735.0M	702.5M	550.2M
Capital Lease Obligations	0.0	43.9M	39.5M	33.1M	30.6M	23.1M
Other Current Assets	10.1M	4.3M	10.0M	8.8M	10.6M	8.5M
Other Stockholder Equity	548.1M	544.8M	554.8M	567.3M	580.8M	459.4M
Total Liab	528.1M	759.0M	898.9M	872.3M	877.1M	658.2M
Net Invested Capital	857.5M	1.1B	1.1B	1.0B	1.0B	884.9M
Property Plant And Equipment Gross	22.2M	60.9M	69.8M	51.0M	81.8M	48.8M
Total Current Assets	513.8M	493.4M	402.8M	363.2M	332.9M	360.3M
Accumulated Other Comprehensive Income	(1.3M)	229K	11.7M	13.7M	4.1M	4.3M
Net Working Capital	418.0M	384.6M	289.3M	226.0M	158.3M	252.2M
Short Term Debt	49K	7.8M	12.6M	39.2M	50.7M	53.2M
Intangible Assets	28.1M	53.3M	47.6M	24.9M	24.2M	28.9M
Common Stock	1.6M	1.6M	1.6M	1.7M	1.7M	1.7M
Property Plant Equipment	22.2M	60.9M	69.8M	51.0M	58.7M	41.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC