Steamships Accounts Payable vs Total Assets Analysis

SST Stock

13.80 0.00 0.00%

Steamships Trading financial indicator trend analysis is much more than just breaking down Steamships Trading prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Steamships Trading is a good investment. Please check the relationship between Steamships Trading Accounts Payable and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steamships Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steamships Trading Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Steamships Trading's Accounts Payable and Total Assets is 0.53. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Steamships Trading, assuming nothing else is changed. The correlation between historical values of Steamships Trading's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Steamships Trading are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Steamships Trading's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

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Accounts Payable

An accounting item on the balance sheet that represents Steamships Trading obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Steamships Trading are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Steamships Trading 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 Steamships Trading 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.

Most indicators from Steamships Trading's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steamships Trading 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 Steamships Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Discontinued Operations is likely to gain to about 10.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 127.4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	4.0M	1.2M	15.8M	12.0M
Depreciation And Amortization	93.8M	95.3M	104.5M	109.8M

Interest Expense Depreciation And Amortization

Steamships Trading fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Current Assets
Total Assets		0.79	0.28	0.47	0.64	0.89	-0.38	0.64	0.63	0.53	0.23	0.77	0.26	0.2	0.53	-0.86	0.19	0.44	-0.07	0.08	0.83	0.07	0.61	0.36	0.33	-0.1
Short Long Term Debt Total	0.79		0.14	0.43	0.23	0.81	-0.51	0.95	0.23	0.68	-0.17	0.64	0.19	-0.19	0.7	-0.5	0.09	0.68	0.3	0.21	0.98	-0.16	0.4	0.36	0.23	-0.42
Other Current Liab	0.28	0.14		0.44	0.13	0.32	-0.61	0.04	0.09	0.19	0.28	0.12	-0.09	0.39	0.39	-0.35	0.03	-0.03	0.22	0.09	0.27	-0.11	0.63	0.22	0.24	-0.09
Total Current Liabilities	0.47	0.43	0.44		0.21	0.53	-0.47	0.36	0.19	0.34	0.1	0.26	0.22	0.11	0.75	-0.36	-0.08	-0.22	0.13	0.2	0.48	-0.1	0.75	0.94	0.2	0.05
Total Stockholder Equity	0.64	0.23	0.13	0.21		0.44	-0.04	0.09	1.0	0.09	0.4	0.86	-0.14	0.36	0.04	-0.9	0.51	0.31	-0.44	-0.49	0.26	0.62	0.36	0.12	0.76	0.22
Property Plant And Equipment Net	0.89	0.81	0.32	0.53	0.44		-0.47	0.69	0.43	0.66	0.13	0.67	0.5	0.13	0.67	-0.73	-0.13	0.45	0.04	0.38	0.86	-0.21	0.58	0.39	0.32	-0.2
Current Deferred Revenue	-0.38	-0.51	-0.61	-0.47	-0.04	-0.47		-0.43	-0.03	-0.69	-0.09	-0.24	-0.06	-0.05	-0.61	0.21	0.2	-0.23	-0.43	-0.29	-0.54	0.37	-0.47	-0.37	-0.14	0.42
Net Debt	0.64	0.95	0.04	0.36	0.09	0.69	-0.43		0.09	0.65	-0.46	0.55	0.1	-0.47	0.67	-0.36	0.07	0.69	0.51	0.13	0.92	-0.1	0.21	0.31	0.19	-0.46
Retained Earnings	0.63	0.23	0.09	0.19	1.0	0.43	-0.03	0.09		0.08	0.4	0.86	-0.13	0.36	0.03	-0.89	0.5	0.3	-0.47	-0.48	0.25	0.61	0.33	0.12	0.75	0.2
Accounts Payable	0.53	0.68	0.19	0.34	0.09	0.66	-0.69	0.65	0.08		-0.11	0.4	0.23	-0.17	0.75	-0.31	-0.18	0.52	0.44	0.38	0.74	-0.24	0.44	0.18	0.2	-0.4
Cash	0.23	-0.17	0.28	0.1	0.4	0.13	-0.09	-0.46	0.4	-0.11		0.07	0.23	0.98	-0.13	-0.31	0.03	-0.25	-0.77	0.17	-0.11	-0.14	0.48	0.07	0.07	0.25
Non Current Assets Total	0.77	0.64	0.12	0.26	0.86	0.67	-0.24	0.55	0.86	0.4	0.07		-0.11	0.05	0.32	-0.89	0.46	0.68	-0.09	-0.36	0.65	0.48	0.32	0.15	0.8	-0.08
Non Currrent Assets Other	0.26	0.19	-0.09	0.22	-0.14	0.5	-0.06	0.1	-0.13	0.23	0.23	-0.11		0.21	0.22	-0.02	-0.73	-0.21	-0.21	0.8	0.2	-0.63	0.11	0.25	-0.38	-0.16
Cash And Short Term Investments	0.2	-0.19	0.39	0.11	0.36	0.13	-0.05	-0.47	0.36	-0.17	0.98	0.05	0.21		-0.13	-0.32	0.04	-0.25	-0.74	0.18	-0.11	-0.14	0.51	0.04	0.1	0.26
Net Receivables	0.53	0.7	0.39	0.75	0.04	0.67	-0.61	0.67	0.03	0.75	-0.13	0.32	0.22	-0.13		-0.31	-0.12	0.25	0.46	0.39	0.76	-0.22	0.69	0.6	0.19	-0.4
Common Stock Total Equity	-0.86	-0.5	-0.35	-0.36	-0.9	-0.73	0.21	-0.36	-0.89	-0.31	-0.31	-0.89	-0.02	-0.32	-0.31		-0.37	-0.42	0.23	0.24	-0.57	-0.41	-0.55	-0.19	-0.68	-0.1
Common Stock Shares Outstanding	0.19	0.09	0.03	-0.08	0.51	-0.13	0.2	0.07	0.5	-0.18	0.03	0.46	-0.73	0.04	-0.12	-0.37		0.36	-0.09	-0.82	0.09	0.8	0.1	-0.14	0.49	0.15
Non Current Liabilities Total	0.44	0.68	-0.03	-0.22	0.31	0.45	-0.23	0.69	0.3	0.52	-0.25	0.68	-0.21	-0.25	0.25	-0.42	0.36		0.26	-0.18	0.66	0.19	-0.04	-0.34	0.52	-0.42
Inventory	-0.07	0.3	0.22	0.13	-0.44	0.04	-0.43	0.51	-0.47	0.44	-0.77	-0.09	-0.21	-0.74	0.46	0.23	-0.09	0.26		0.05	0.33	-0.07	-0.05	0.05	-0.09	-0.37
Other Stockholder Equity	0.08	0.21	0.09	0.2	-0.49	0.38	-0.29	0.13	-0.48	0.38	0.17	-0.36	0.8	0.18	0.39	0.24	-0.82	-0.18	0.05		0.23	-0.91	0.22	0.19	-0.51	-0.3
Total Liab	0.83	0.98	0.27	0.48	0.26	0.86	-0.54	0.92	0.25	0.74	-0.11	0.65	0.2	-0.11	0.76	-0.57	0.09	0.66	0.33	0.23		-0.14	0.51	0.36	0.27	-0.39
Property Plant And Equipment Gross	0.07	-0.16	-0.11	-0.1	0.62	-0.21	0.37	-0.1	0.61	-0.24	-0.14	0.48	-0.63	-0.14	-0.22	-0.41	0.8	0.19	-0.07	-0.91	-0.14		-0.08	-0.15	0.61	0.29
Total Current Assets	0.61	0.4	0.63	0.75	0.36	0.58	-0.47	0.21	0.33	0.44	0.48	0.32	0.11	0.51	0.69	-0.55	0.1	-0.04	-0.05	0.22	0.51	-0.08		0.56	0.26	0.16
Short Term Debt	0.36	0.36	0.22	0.94	0.12	0.39	-0.37	0.31	0.12	0.18	0.07	0.15	0.25	0.04	0.6	-0.19	-0.14	-0.34	0.05	0.19	0.36	-0.15	0.56		0.03	0.07
Common Stock	0.33	0.23	0.24	0.2	0.76	0.32	-0.14	0.19	0.75	0.2	0.07	0.8	-0.38	0.1	0.19	-0.68	0.49	0.52	-0.09	-0.51	0.27	0.61	0.26	0.03		0.07
Other Current Assets	-0.1	-0.42	-0.09	0.05	0.22	-0.2	0.42	-0.46	0.2	-0.4	0.25	-0.08	-0.16	0.26	-0.4	-0.1	0.15	-0.42	-0.37	-0.3	-0.39	0.29	0.16	0.07	0.07

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Steamships Trading Account Relationship Matchups

Steamships Trading fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.5B	1.5B	1.5B	1.7B	878.4M
Short Long Term Debt Total	391.8M	382.6M	324.8M	320.1M	477.9M	253.4M
Other Current Liab	51.5M	97.9M	2.8M	74.5M	63.9M	59.8M
Total Current Liabilities	148.3M	229.8M	198.7M	359.1M	152.3M	181.8M
Total Stockholder Equity	885.0M	946.8M	1.0B	1.0B	1.1B	1.1B
Property Plant And Equipment Net	970.9M	945.1M	934.0M	947.5M	692.6M	552.8M
Net Debt	291.0M	240.2M	261.0M	266.7M	449.1M	228.6M
Retained Earnings	860.8M	922.6M	980.5M	1.0B	1.0B	1.1B
Accounts Payable	75.4M	19.2M	91.8M	39.3M	51.1M	53.6M
Cash	100.8M	142.4M	63.8M	53.4M	28.8M	24.7M
Non Current Assets Total	1.2B	1.2B	1.2B	1.3B	1.4B	1.5B
Non Currrent Assets Other	88.6M	106.5M	167.7M	199.4M	(289.5M)	(275.0M)
Cash And Short Term Investments	100.8M	150.5M	63.8M	53.4M	28.8M	31.1M
Net Receivables	148.1M	117.7M	178.3M	133.2M	106.8M	120.1M
Common Stock Total Equity	9.6M	10.2M	10.1M	9.0M	8.1M	10.4M
Liabilities And Stockholders Equity	1.5B	1.5B	1.5B	1.5B	1.7B	878.3M
Non Current Liabilities Total	400.6M	294.6M	297.4M	112.2M	479.8M	503.8M
Inventory	13.4M	17.3M	23.0M	28.5M	39.5M	35.4M
Total Liab	548.9M	524.4M	496.1M	471.3M	632.1M	373.7M
Property Plant And Equipment Gross	255.8M	349.7M	934.0M	947.5M	1.5B	1.5B
Total Current Assets	271.8M	322.2M	283.3M	244.6M	258.2M	203.6M
Accumulated Other Comprehensive Income	(16.8M)	(14.9M)	0.0	1.0B	2.6B	2.7B
Short Term Debt	21.3M	112.7M	55.9M	245.6M	37.3M	35.5M
Other Current Assets	9.5M	36.8M	18.2M	29.5M	18.9M	19.8M
Short Term Investments	369.0M	398.2M	8.1M	388.4M	446.7M	469.0M
Other Liab	30.1M	24.7M	28.4M	35.0M	40.2M	42.2M
Other Assets	451.2M	501.8M	183.9M	2.0M	16.3M	15.4M
Long Term Debt	302M	199.5M	209.5M	20M	385.3M	243.9M
Property Plant Equipment	610.6M	550.7M	934.0M	558.6M	642.3M	570.5M
Net Tangible Assets	808.6M	870.4M	928.3M	950.6M	1.1B	869.1M
Long Term Investments	168.3M	13.7M	39.4M	45.5M	426.9M	448.2M
Short Long Term Debt	7.4M	40.7M	53.8M	240.2M	34.8M	33.0M
Long Term Debt Total	370.5M	269.9M	269.0M	77.2M	69.5M	66.0M
Cash And Equivalents	100.8M	142.4M	63.8M	53.4M	61.5M	94.7M

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