SouthState Income Before Tax vs Total Revenue Analysis
SSB Stock | USD 109.00 2.17 2.03% |
SouthState financial indicator trend analysis is much more than just breaking down SouthState prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SouthState is a good investment. Please check the relationship between SouthState Income Before Tax and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SouthState. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade SouthState Stock refer to our How to Trade SouthState Stock guide.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SouthState Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SouthState's Income Before Tax and Total Revenue is 0.96. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of SouthState, assuming nothing else is changed. The correlation between historical values of SouthState's Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of SouthState are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., SouthState's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on SouthState income statement and is an important metric when analyzing SouthState profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Total Revenue
Total revenue comprises all receipts SouthState generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from SouthState's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SouthState 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 SouthState. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade SouthState Stock refer to our How to Trade SouthState Stock guide.The current year's Enterprise Value is expected to grow to about 1.7 B, whereas Selling General Administrative is forecasted to decline to about 17.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 51.6M | 61.4M | 491.8M | 516.4M | Depreciation And Amortization | 63.1M | 64.6M | 58.8M | 61.8M |
SouthState fundamental ratios Correlations
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SouthState Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SouthState fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.9B | 37.8B | 42.0B | 43.9B | 44.9B | 47.1B | |
Short Long Term Debt Total | 815.9M | 390.2M | 327.1M | 392.3M | 481.6M | 505.7M | |
Total Current Liabilities | 150M | 700M | 31.1B | 35.8B | 36.6B | 95M | |
Total Stockholder Equity | 2.4B | 4.6B | 4.8B | 5.1B | 5.5B | 5.8B | |
Property Plant And Equipment Net | 317.3M | 579.2M | 558.5M | 520.6M | 519.2M | 545.2M | |
Net Debt | 127.2M | (4.2B) | (149.6M) | (156.1M) | (280.8M) | (294.9M) | |
Retained Earnings | 679.9M | 657.5M | 997.7M | 1.3B | 1.7B | 1.8B | |
Cash | 688.7M | 4.6B | 476.7M | 548.4M | 510.9M | 387.9M | |
Non Current Assets Total | 3.4B | 6.8B | 9.6B | 2.7B | 2.7B | 1.6B | |
Non Currrent Assets Other | (31.3M) | (110.9M) | (65.0M) | (8.3B) | (2.7B) | (2.6B) | |
Other Assets | 9.9B | 23.0B | 26.7B | 35.3B | 36.9B | 38.8B | |
Cash And Short Term Investments | 2.6B | 7.9B | 5.7B | 5.9B | 5.3B | 5.6B | |
Common Stock Total Equity | 84.4M | 177.4M | 173.3M | 189.3M | 217.7M | 228.5M | |
Common Stock Shares Outstanding | 34.8M | 55.1M | 70.9M | 75.2M | 76.5M | 80.3M | |
Liabilities And Stockholders Equity | 15.9B | 37.8B | 42.0B | 43.9B | 44.9B | 47.1B | |
Other Stockholder Equity | 1.6B | 3.8B | 3.7B | 4.2B | 4.2B | 4.5B | |
Total Liab | 13.5B | 390.2M | 327.1M | 38.8B | 39.4B | 41.3B | |
Property Plant And Equipment Gross | 317.3M | 579.2M | 844.0M | 819.3M | 844.0M | 886.2M | |
Total Current Assets | 2.6B | 7.9B | 5.7B | 5.9B | 5.3B | 3.9B | |
Accumulated Other Comprehensive Income | 1.0M | 47.6M | (21.1M) | (677.1M) | (582.5M) | (553.4M) | |
Common Stock | 84.4M | 177.4M | 173.3M | 189.3M | 190.1M | 199.6M | |
Non Current Liabilities Total | 815.9M | 390.2M | 327.1M | 38.8B | 381.6M | 362.5M | |
Other Current Assets | 9.9B | 26.6B | 26.7B | 364.0M | 418.6M | 397.7M | |
Other Liab | 137.0M | 1.3B | 994.0M | 392.0M | 450.8M | 473.3M | |
Accounts Payable | 12.2B | 30.7B | 35.1B | 36.4B | 41.8B | 43.9B | |
Long Term Debt | 105.6M | 1.2B | 327.1M | 392.3M | 381.6M | 400.7M | |
Short Term Investments | 2.0B | 3.3B | 5.2B | 5.3B | 4.8B | 5.0B | |
Inventory | 6.9M | 12.3M | 3.5M | 1.2M | 1.1M | 997.8K | |
Intangible Assets | 80.3M | 206.4M | 193.7M | 203.1M | 88.8M | 85.8M | |
Property Plant Equipment | 317.3M | 579.2M | 558.5M | 520.6M | 598.7M | 628.7M | |
Net Receivables | 1.3M | 10.5B | 24.7B | 29.8B | 34.3B | 36.0B | |
Other Current Liab | (700M) | 31.1B | 35.4B | 36.6B | (100M) | (95M) | |
Net Tangible Assets | 1.3B | 2.9B | 3.1B | 3.0B | 3.5B | 3.7B | |
Long Term Debt Total | 115.9M | 1.2B | 410.1M | 1.0B | 1.2B | 1.2B | |
Capital Surpluse | 1.6B | 3.8B | 3.7B | 4.2B | 4.8B | 5.1B | |
Long Term Investments | 2.0B | 34.2B | 7.3B | 8.2B | 7.5B | 7.6B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SouthState offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SouthState's 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 Southstate Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southstate Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SouthState. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade SouthState Stock refer to our How to Trade SouthState Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Regional Banks 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 SouthState. If investors know SouthState 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 SouthState 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 0.148 | Dividend Share 2.1 | Earnings Share 6.47 | Revenue Per Share 21.874 | Quarterly Revenue Growth 0.096 |
The market value of SouthState is measured differently than its book value, which is the value of SouthState that is recorded on the company's balance sheet. Investors also form their own opinion of SouthState's value that differs from its market value or its book value, called intrinsic value, which is SouthState'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 SouthState's market value can be influenced by many factors that don't directly affect SouthState'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 SouthState's value and its price as these two are different measures arrived at by different means. Investors typically determine if SouthState is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SouthState'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.