SoFi Deferred Long Term Liab vs Short Term Investments Analysis

SOFI Stock  USD 15.01  0.34  2.32%   
SoFi Technologies financial indicator trend analysis is much more than just breaking down SoFi Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SoFi Technologies is a good investment. Please check the relationship between SoFi Technologies Deferred Long Term Liab and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.

Deferred Long Term Liab vs Short Term Investments

Deferred Long Term Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SoFi Technologies Deferred Long Term Liab account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between SoFi Technologies' Deferred Long Term Liab and Short Term Investments is -0.91. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of SoFi Technologies, assuming nothing else is changed. The correlation between historical values of SoFi Technologies' Deferred Long Term Liab and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of SoFi Technologies are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Deferred Long Term Liab i.e., SoFi Technologies' Deferred Long Term Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Term Investments

Short Term Investments is an item under the current assets section of SoFi Technologies balance sheet. It contains any investments SoFi Technologies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that SoFi Technologies can easily liquidate in the marketplace.
Most indicators from SoFi Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SoFi Technologies 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 SoFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.As of now, SoFi Technologies' Sales General And Administrative To Revenue is increasing as compared to previous years. The SoFi Technologies' current Enterprise Value Over EBITDA is estimated to increase to 22.03, while Tax Provision is projected to decrease to (436.8 K).
 2021 2022 2023 2024 (projected)
Interest Income355.0M773.4M2.1B2.2B
Net Interest Income252.2M584.1M1.3B1.3B

SoFi Technologies fundamental ratios Correlations

0.330.46-0.660.920.56-0.80.32-0.570.58-0.780.880.41-0.12-0.770.640.60.24-0.680.450.78-0.23-0.520.460.670.36
0.330.84-0.90.220.95-0.620.93-0.950.8-0.450.540.90.80.320.850.91-0.55-0.720.940.81-0.490.550.950.830.96
0.460.84-0.910.250.85-0.630.83-0.850.92-0.50.650.790.470.080.920.89-0.02-0.740.770.79-0.610.220.80.80.8
-0.66-0.9-0.91-0.52-0.960.84-0.880.95-0.930.72-0.83-0.87-0.550.05-0.97-0.980.210.8-0.86-0.950.59-0.2-0.89-0.94-0.86
0.920.220.25-0.520.42-0.730.19-0.420.4-0.760.790.22-0.02-0.770.510.470.13-0.430.310.68-0.27-0.410.310.620.2
0.560.950.85-0.960.42-0.780.87-0.980.82-0.640.720.880.640.080.880.93-0.41-0.830.960.89-0.420.330.970.860.95
-0.8-0.62-0.630.84-0.73-0.78-0.620.71-0.740.97-0.97-0.6-0.340.32-0.79-0.770.060.6-0.6-0.830.530.03-0.61-0.83-0.56
0.320.930.83-0.880.190.87-0.62-0.870.9-0.450.560.960.720.320.90.94-0.44-0.660.80.83-0.640.460.820.870.83
-0.57-0.95-0.850.95-0.42-0.980.71-0.87-0.810.54-0.67-0.91-0.6-0.04-0.87-0.940.420.88-0.98-0.910.37-0.28-0.98-0.85-0.96
0.580.80.92-0.930.40.82-0.740.9-0.81-0.620.770.850.45-0.020.980.96-0.03-0.70.680.89-0.740.130.720.920.7
-0.78-0.45-0.50.72-0.76-0.640.97-0.450.54-0.62-0.96-0.41-0.230.41-0.68-0.63-0.070.44-0.42-0.710.520.11-0.44-0.72-0.38
0.880.540.65-0.830.790.72-0.970.56-0.670.77-0.960.560.18-0.470.810.760.13-0.630.530.84-0.53-0.210.550.820.48
0.410.90.79-0.870.220.88-0.60.96-0.910.85-0.410.560.590.210.850.93-0.45-0.810.870.86-0.430.320.880.820.88
-0.120.80.47-0.55-0.020.64-0.340.72-0.60.45-0.230.180.590.650.520.58-0.77-0.160.620.44-0.540.910.630.580.67
-0.770.320.080.05-0.770.080.320.32-0.04-0.020.41-0.470.210.65-0.060.01-0.60.230.14-0.24-0.140.880.14-0.10.25
0.640.850.92-0.970.510.88-0.790.9-0.870.98-0.680.810.850.52-0.060.98-0.11-0.730.750.95-0.720.160.790.970.75
0.60.910.89-0.980.470.93-0.770.94-0.940.96-0.630.760.930.580.010.98-0.27-0.790.840.96-0.630.230.870.960.84
0.24-0.55-0.020.210.13-0.410.06-0.440.42-0.03-0.070.13-0.45-0.77-0.6-0.11-0.270.14-0.53-0.2-0.04-0.77-0.5-0.23-0.54
-0.68-0.72-0.740.8-0.43-0.830.6-0.660.88-0.70.44-0.63-0.81-0.160.23-0.73-0.790.14-0.86-0.820.050.13-0.86-0.65-0.82
0.450.940.77-0.860.310.96-0.60.8-0.980.68-0.420.530.870.620.140.750.84-0.53-0.860.81-0.210.361.00.730.99
0.780.810.79-0.950.680.89-0.830.83-0.910.89-0.710.840.860.44-0.240.950.96-0.2-0.820.81-0.530.030.820.960.77
-0.23-0.49-0.610.59-0.27-0.420.53-0.640.37-0.740.52-0.53-0.43-0.54-0.14-0.72-0.63-0.040.05-0.21-0.53-0.34-0.25-0.73-0.25
-0.520.550.22-0.2-0.410.330.030.46-0.280.130.11-0.210.320.910.880.160.23-0.770.130.360.03-0.340.360.20.44
0.460.950.8-0.890.310.97-0.610.82-0.980.72-0.440.550.880.630.140.790.87-0.5-0.861.00.82-0.250.360.760.99
0.670.830.8-0.940.620.86-0.830.87-0.850.92-0.720.820.820.58-0.10.970.96-0.23-0.650.730.96-0.730.20.760.72
0.360.960.8-0.860.20.95-0.560.83-0.960.7-0.380.480.880.670.250.750.84-0.54-0.820.990.77-0.250.440.990.72
Click cells to compare fundamentals

SoFi Technologies Account Relationship Matchups

SoFi Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities161M486M497.8M117.8M362.2M311.7M
Other Liab6.0M10.6M10.0M202.7M233.1M244.8M
Net Tangible Assets(384.4M)(1.4B)3.5B3.5B4.0B4.2B
Retained Earnings(474.6M)(699.2M)(1.2B)(1.5B)(1.8B)(1.7B)
Accounts Payable103.6M452.9M298.2M144.6M159.9M225.0M
Other Assets5.6B5.4B6.3B14.9B23.3B24.5B
Net Receivables21.3M50.3M85.5M127.1M60.5M57.4M
Other Current Assets190.7M(804.2M)(812.7M)(2.0B)(4.2B)(4.0B)
Other Stockholder Equity135.5M579.2M5.6B6.7B7.0B3.7B
Total Current Assets520.8M922.9M689.6M1.8B3.8B2.1B
Property Plant Equipment143.2M174.6M227.1M149.7M172.1M155.7M

Currently Active Assets on Macroaxis

When determining whether SoFi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SoFi Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sofi Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sofi Technologies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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 SoFi Technologies. If investors know SoFi 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 SoFi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.12
Revenue Per Share
2.472
Quarterly Revenue Growth
0.341
Return On Assets
0.0069
Return On Equity
0.0372
The market value of SoFi Technologies is measured differently than its book value, which is the value of SoFi that is recorded on the company's balance sheet. Investors also form their own opinion of SoFi Technologies' value that differs from its market value or its book value, called intrinsic value, which is SoFi Technologies' 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 SoFi Technologies' market value can be influenced by many factors that don't directly affect SoFi Technologies' 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 SoFi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SoFi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoFi Technologies' 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.