Sasol Total Assets vs Total Current Liabilities Analysis
SSL Stock | USD 5.16 0.09 1.71% |
Sasol financial indicator trend analysis is much more than just breaking down Sasol prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sasol is a good investment. Please check the relationship between Sasol Total Assets and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sasol. 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 more information on how to buy Sasol Stock please use our How to buy in Sasol Stock guide.
Total Assets vs Total Current Liabilities
Total Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sasol Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sasol's Total Assets and Total Current Liabilities is 0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Sasol, assuming nothing else is changed. The correlation between historical values of Sasol's Total Assets and Total Current Liabilities 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 Sasol are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Sasol's Total Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Sasol 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 Sasol 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.Total Current Liabilities
Total Current Liabilities is an item on Sasol balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sasol are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Sasol's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sasol 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 Sasol. 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 more information on how to buy Sasol Stock please use our How to buy in Sasol Stock guide.At this time, Sasol's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 10.2 B this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.10.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.9B | 9.0B | 10.3B | 10.8B | Depreciation And Amortization | 17.6B | 16.5B | 19.0B | 19.9B |
Sasol fundamental ratios Correlations
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Sasol Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sasol fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 474.5B | 360.7B | 419.5B | 433.8B | 365.0B | 216.9B | |
Short Long Term Debt Total | 205.6B | 116.9B | 119.4B | 138.7B | 159.5B | 167.5B | |
Other Current Liab | 31.7B | (84M) | 67.0B | 40.4B | 50M | 47.5M | |
Total Current Liabilities | 93.1B | 57.6B | 91.8B | 88.8B | 54.5B | 35.4B | |
Total Stockholder Equity | 151.0B | 146.5B | 188.6B | 196.9B | 143.0B | 107.8B | |
Property Plant And Equipment Net | 241.5B | 210.9B | 233.9B | 237.2B | 175.9B | 133.0B | |
Net Debt | 170.8B | 85.6B | 76.2B | 84.8B | 74.8B | 78.5B | |
Retained Earnings | 87.6B | 99.5B | 139.3B | 135.7B | 84.5B | 86.3B | |
Cash | 34.7B | 31.2B | 43.1B | 53.9B | 43.0B | 45.1B | |
Non Current Assets Total | 296.6B | 255.6B | 287.3B | 299.3B | 238.3B | 151.6B | |
Non Currrent Assets Other | 37.2B | 29.4B | 35.2B | 42.0B | 48.3B | 50.7B | |
Cash And Short Term Investments | 34.7B | 31.2B | 43.1B | 53.9B | 62.0B | 65.1B | |
Net Receivables | 28.6B | 17.9B | 23.4B | 32.3B | 28.3B | 19.6B | |
Common Stock Shares Outstanding | 617.9M | 627.8M | 634.9M | 661.9M | 635.4M | 503.3M | |
Liabilities And Stockholders Equity | 474.5B | 360.7B | 419.5B | 433.8B | 498.9B | 523.9B | |
Non Current Liabilities Total | 225.5B | 150.7B | 134.6B | 143.6B | 163.1B | 171.2B | |
Inventory | 27.8B | 29.7B | 41.1B | 42.2B | 40.7B | 42.8B | |
Other Stockholder Equity | 1.7B | (4.5B) | (42.1B) | (11.8B) | (10.6B) | (10.1B) | |
Total Liab | 318.6B | 208.3B | 226.4B | 232.3B | 217.6B | 228.4B | |
Property Plant And Equipment Gross | 246.1B | 210.9B | 233.9B | 237.2B | 541.5B | 568.6B | |
Total Current Assets | 178.0B | 105.2B | 132.3B | 134.5B | 126.7B | 65.3B | |
Accumulated Other Comprehensive Income | 53.5B | 37.1B | 39.5B | 51.3B | 59.0B | 62.0B | |
Other Current Assets | 103.2B | 97.5B | 20.8B | 14.0B | 16.1B | 13.5B | |
Intangible Assets | 2.8B | 2.5B | 3.1B | 3.2B | 3.7B | 2.0B | |
Other Liab | 63.5B | 39.7B | 37.8B | 34.9B | 40.1B | 42.1B | |
Long Term Debt | 147.5B | 97.1B | 82.5B | 94.3B | 115.9B | 121.7B | |
Property Plant Equipment | 246.1B | 210.9B | 233.9B | 237.2B | 272.7B | 286.4B | |
Other Assets | 37.2B | 29.4B | 35.2B | 310M | 356.5M | 338.7M | |
Short Term Investments | 645M | 1.5B | 313M | 1.8B | 3.5B | 3.7B | |
Current Deferred Revenue | 579M | 576M | 724M | 966M | 869.4M | 958.3M | |
Net Tangible Assets | 151.5B | 144.0B | 185.6B | 193.7B | 222.8B | 186.3B | |
Long Term Investments | 13.7B | 12.8B | 15.3B | 17.4B | 17.7B | 13.7B | |
Short Long Term Debt | 42.2B | 5.8B | 2.0B | 30.0B | 1.8B | 1.7B | |
Long Term Debt Total | 134.8B | 163.3B | 111.0B | 96.8B | 111.3B | 109.2B |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Sasol. 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 more information on how to buy Sasol Stock please use our How to buy in Sasol Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Diversified Chemicals 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 Sasol. If investors know Sasol 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 Sasol 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 (0.41) | Dividend Share 2 | Earnings Share (3.88) | Revenue Per Share 434.615 | Quarterly Revenue Growth (0.01) |
The market value of Sasol is measured differently than its book value, which is the value of Sasol that is recorded on the company's balance sheet. Investors also form their own opinion of Sasol's value that differs from its market value or its book value, called intrinsic value, which is Sasol'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 Sasol's market value can be influenced by many factors that don't directly affect Sasol'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 Sasol's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sasol is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sasol'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.