Serco Net Debt vs Short Term Investments Analysis

SRP Stock

157.00 1.30 0.83%

Serco financial indicator trend analysis is much more than just breaking down Serco Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Serco Group is a good investment. Please check the relationship between Serco Net Debt and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Serco Group. 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.

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Serco Group Net Debt account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Serco's Net Debt and Short Term Investments is -0.18. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Serco Group, assuming nothing else is changed. The correlation between historical values of Serco's Net Debt 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 Net Debt of Serco Group 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 Net Debt i.e., Serco's Net Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Term Investments

Short Term Investments is an item under the current assets section of Serco balance sheet. It contains any investments Serco Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Serco Group can easily liquidate in the marketplace.

Most indicators from Serco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Serco Group 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 Serco Group. 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.

At present, Serco's Tax Provision is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Expense	23.4M	23.1M	28.7M	19.4M
Depreciation And Amortization	155.9M	171.7M	173.2M	181.9M

Interest Expense Depreciation And Amortization

Serco fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Net Debt	Cash	Non Currrent Assets Other	Common Stock Total Equity	Other Stockholder Equity	Short Term Debt	Common Stock	Intangible Assets
Total Assets		0.5	0.88	0.69	0.4	0.62	0.84	0.85	0.44	0.28	-0.19	0.87	0.74	0.28	0.9	0.2	0.84	0.91	0.76	0.43	0.68	0.13	0.69	0.52	0.16	0.84
Other Current Liab	0.5		0.63	0.16	-0.13	0.15	0.3	0.3	0.44	0.04	0.19	0.53	0.49	0.51	0.6	-0.1	0.66	0.36	0.19	0.44	0.48	-0.04	0.24	0.06	-0.03	0.44
Total Current Liabilities	0.88	0.63		0.35	0.24	0.24	0.7	0.62	0.54	0.42	-0.2	0.87	0.58	0.38	0.96	0.07	0.93	0.8	0.59	0.54	0.59	0.25	0.74	0.46	0.32	0.62
Total Stockholder Equity	0.69	0.16	0.35		0.71	0.96	0.6	0.94	0.1	0.15	0.0	0.36	0.54	-0.17	0.37	0.63	0.28	0.57	0.69	0.1	0.36	0.29	0.37	0.64	0.21	0.77
Property Plant And Equipment Net	0.4	-0.13	0.24	0.71		0.55	0.18	0.69	0.03	0.45	-0.2	0.13	-0.05	-0.47	0.19	0.88	0.08	0.45	0.61	0.04	-0.1	0.66	0.45	0.83	0.57	0.32
Retained Earnings	0.62	0.15	0.24	0.96	0.55		0.61	0.86	0.02	-0.07	0.09	0.31	0.62	-0.08	0.28	0.5	0.22	0.5	0.62	0.02	0.37	0.07	0.2	0.49	-0.02	0.8
Accounts Payable	0.84	0.3	0.7	0.6	0.18	0.61		0.75	0.41	-0.02	-0.03	0.81	0.87	0.28	0.78	0.06	0.74	0.79	0.69	0.41	0.77	-0.09	0.38	0.43	-0.07	0.81
Non Current Assets Total	0.85	0.3	0.62	0.94	0.69	0.86	0.75		0.24	0.21	-0.05	0.63	0.66	0.01	0.64	0.58	0.56	0.76	0.83	0.25	0.52	0.32	0.52	0.7	0.26	0.87
Cash And Short Term Investments	0.44	0.44	0.54	0.1	0.03	0.02	0.41	0.24		0.19	0.07	0.53	0.38	0.29	0.56	-0.09	0.64	0.45	0.08	1.0	0.56	0.11	0.37	0.41	0.18	0.23
Common Stock Shares Outstanding	0.28	0.04	0.42	0.15	0.45	-0.07	-0.02	0.21	0.19		-0.43	0.09	-0.29	-0.33	0.25	0.26	0.18	0.16	0.04	0.18	-0.23	0.83	0.76	0.35	0.92	-0.14
Short Term Investments	-0.19	0.19	-0.2	0.0	-0.2	0.09	-0.03	-0.05	0.07	-0.43		-0.14	0.13	0.22	-0.17	0.17	-0.1	-0.24	-0.18	0.08	0.04	-0.12	-0.4	-0.08	-0.28	0.04
Non Current Liabilities Total	0.87	0.53	0.87	0.36	0.13	0.31	0.81	0.63	0.53	0.09	-0.14		0.76	0.56	0.97	-0.03	0.96	0.9	0.72	0.53	0.78	-0.08	0.59	0.31	-0.03	0.75
Inventory	0.74	0.49	0.58	0.54	-0.05	0.62	0.87	0.66	0.38	-0.29	0.13	0.76		0.51	0.7	-0.07	0.72	0.63	0.55	0.38	0.87	-0.31	0.24	0.16	-0.32	0.87
Other Current Assets	0.28	0.51	0.38	-0.17	-0.47	-0.08	0.28	0.01	0.29	-0.33	0.22	0.56	0.51		0.5	-0.42	0.6	0.32	0.18	0.29	0.42	-0.41	0.05	-0.39	-0.38	0.38
Total Liab	0.9	0.6	0.96	0.37	0.19	0.28	0.78	0.64	0.56	0.25	-0.17	0.97	0.7	0.5		0.02	0.98	0.88	0.68	0.55	0.71	0.08	0.68	0.39	0.14	0.71
Property Plant And Equipment Gross	0.2	-0.1	0.07	0.63	0.88	0.5	0.06	0.58	-0.09	0.26	0.17	-0.03	-0.07	-0.42	0.02		-0.05	0.22	0.48	-0.08	-0.19	0.65	0.25	0.71	0.46	0.22
Total Current Assets	0.84	0.66	0.93	0.28	0.08	0.22	0.74	0.56	0.64	0.18	-0.1	0.96	0.72	0.6	0.98	-0.05		0.83	0.6	0.64	0.72	0.03	0.63	0.31	0.09	0.66
Short Long Term Debt Total	0.91	0.36	0.8	0.57	0.45	0.5	0.79	0.76	0.45	0.16	-0.24	0.9	0.63	0.32	0.88	0.22	0.83		0.88	0.44	0.6	0.03	0.61	0.55	0.06	0.76
Net Debt	0.76	0.19	0.59	0.69	0.61	0.62	0.69	0.83	0.08	0.04	-0.18	0.72	0.55	0.18	0.68	0.48	0.6	0.88		0.08	0.41	0.11	0.45	0.55	0.05	0.79
Cash	0.43	0.44	0.54	0.1	0.04	0.02	0.41	0.25	1.0	0.18	0.08	0.53	0.38	0.29	0.55	-0.08	0.64	0.44	0.08		0.56	0.12	0.37	0.41	0.18	0.23
Non Currrent Assets Other	0.68	0.48	0.59	0.36	-0.1	0.37	0.77	0.52	0.56	-0.23	0.04	0.78	0.87	0.42	0.71	-0.19	0.72	0.6	0.41	0.56		-0.33	0.19	0.21	-0.3	0.72
Common Stock Total Equity	0.13	-0.04	0.25	0.29	0.66	0.07	-0.09	0.32	0.11	0.83	-0.12	-0.08	-0.31	-0.41	0.08	0.65	0.03	0.03	0.11	0.12	-0.33		0.58	0.53	0.97	-0.1
Other Stockholder Equity	0.69	0.24	0.74	0.37	0.45	0.2	0.38	0.52	0.37	0.76	-0.4	0.59	0.24	0.05	0.68	0.25	0.63	0.61	0.45	0.37	0.19	0.58		0.41	0.65	0.33
Short Term Debt	0.52	0.06	0.46	0.64	0.83	0.49	0.43	0.7	0.41	0.35	-0.08	0.31	0.16	-0.39	0.39	0.71	0.31	0.55	0.55	0.41	0.21	0.53	0.41		0.46	0.39
Common Stock	0.16	-0.03	0.32	0.21	0.57	-0.02	-0.07	0.26	0.18	0.92	-0.28	-0.03	-0.32	-0.38	0.14	0.46	0.09	0.06	0.05	0.18	-0.3	0.97	0.65	0.46		-0.14
Intangible Assets	0.84	0.44	0.62	0.77	0.32	0.8	0.81	0.87	0.23	-0.14	0.04	0.75	0.87	0.38	0.71	0.22	0.66	0.76	0.79	0.23	0.72	-0.1	0.33	0.39	-0.14

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Serco Account Relationship Matchups

Serco fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.4B	2.7B	2.8B	2.6B	1.4B
Other Current Liab	(345.7M)	505.7M	518.4M	650.5M	553.3M	324.3M
Total Current Liabilities	775.5M	868.2M	877.3M	1.0B	897.8M	530.9M
Total Stockholder Equity	541.4M	713.3M	1.0B	1.0B	1.0B	1.1B
Property Plant And Equipment Net	392.6M	441.7M	472.2M	482.3M	485.2M	509.5M
Retained Earnings	165.9M	302.4M	542.8M	670.6M	659.1M	692.1M
Accounts Payable	119.5M	99.6M	89.2M	108.3M	99.3M	89.8M
Non Current Assets Total	1.4B	1.4B	1.9B	1.9B	1.8B	1.9B
Cash And Short Term Investments	89.5M	335.7M	198.4M	57.2M	94.4M	126.8M
Common Stock Shares Outstanding	1.2B	1.3B	1.2B	1.2B	1.1B	692.4M
Short Term Investments	(25.7M)	(23.1M)	(13.2M)	(25.1M)	14.8M	15.5M
Liabilities And Stockholders Equity	2.1B	2.4B	2.7B	2.8B	2.6B	1.4B
Non Current Liabilities Total	761M	827.1M	848.3M	696.3M	678.8M	492.7M
Inventory	22.9M	18.3M	21.4M	19.6M	24.1M	27.4M
Other Current Assets	45.1M	50M	45.5M	67.1M	60.1M	57.1M
Total Liab	1.5B	1.7B	1.7B	1.7B	1.6B	1.0B
Property Plant And Equipment Gross	392.6M	441.7M	472.2M	482.3M	996.3M	1.0B
Total Current Assets	726.8M	976.1M	850.8M	814M	782.8M	595.4M
Short Long Term Debt Total	674.9M	791.4M	807.3M	708.9M	659.9M	403.2M
Net Debt	585.4M	455.7M	608.9M	651.7M	565.5M	593.8M
Cash	89.5M	335.7M	198.4M	57.2M	94.4M	133.4M
Non Currrent Assets Other	79.1M	116.8M	169.2M	58.3M	52.2M	92.1M
Other Stockholder Equity	458.5M	461M	461.9M	364.2M	448.1M	242.9M
Short Term Debt	140.7M	199M	191.2M	188.9M	191M	200.6M
Accumulated Other Comprehensive Income	(107.5M)	(74.8M)	(22.4M)	(31M)	(95.3M)	(100.1M)
Intangible Assets	96.5M	80.6M	144M	158M	115.6M	137.5M
Other Liab	226.8M	234.7M	232.2M	176.3M	202.7M	256.0M
Other Assets	162.4M	214.2M	396.7M	329.2M	378.6M	240.6M
Long Term Debt	248.9M	299.1M	312.1M	218.4M	155.2M	147.4M
Net Receivables	572.1M	569M	587.3M	667.3M	604.2M	557.3M
Good Will	671.2M	669.6M	852.7M	945M	906.7M	725.5M
Property Plant Equipment	392.6M	441.7M	472.2M	482.3M	554.6M	582.4M
Current Deferred Revenue	66.8M	42.3M	61.3M	60.5M	35.8M	37.6M
Net Tangible Assets	(226.7M)	(36.4M)	10M	(73.2M)	(84.2M)	(88.4M)
Deferred Long Term Liab	7.4M	2.6M	500K	1.6M	1.4M	1.4M
Short Long Term Debt	56.1M	89.7M	64.9M	44.5M	51M	48.5M

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Other Information on Investing in Serco Stock

Balance Sheet is a snapshot of the financial position of Serco Group at a specified time, usually calculated after every quarter, six months, or one year. Serco Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Serco and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Serco currently owns. An asset can also be divided into two categories, current and non-current.

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Serco Net Debt vs Short Term Investments Analysis

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Short Term Investments

Serco fundamental ratios Correlations

Serco Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Serco fundamental ratios Accounts

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Other Information on Investing in Serco Stock

COMMON DESTINATIONS

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COMPANY

Cash	+ 1.0	Cash And Short Term Investments
Total Current Assets	+ 0.98	Total Liab
Total Liab	+ 0.97	Non Current Liabilities Total
Common Stock	+ 0.97	Common Stock Total Equity
Total Liab	+ 0.96	Total Current Liabilities
Retained Earnings	+ 0.96	Total Stockholder Equity

Other Current Assets	- 0.47	Property Plant And Equipment Net
Short Term Investments	- 0.43	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.42	Other Current Assets
Common Stock Total Equity	- 0.41	Other Current Assets
Other Stockholder Equity	- 0.4	Short Term Investments
Short Term Debt	- 0.39	Other Current Assets