Starbox Long Term Debt vs Accounts Payable Analysis

STBX Stock

USD 1.21 0.03 2.42%

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

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbox Group Holdings Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.

The correlation between Starbox Group's Long Term Debt and Accounts Payable is -0.72. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Starbox Group Holdings, assuming nothing else is changed. The correlation between historical values of Starbox Group's Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Starbox Group Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt i.e., Starbox Group's Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

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Long Term Debt

Long-term debt is a debt that Starbox Group Holdings has held for over one year. Long-term debt appears on Starbox Group Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Starbox Group Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Accounts Payable

An accounting item on the balance sheet that represents Starbox Group 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 Starbox Group Holdings 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.

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

At this time, Starbox Group's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 7.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 8.4 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	218.0K	1.8M	2.1M	2.2M
Tax Provision	1.4M	2.1M	2.5M	2.6M

Depreciation And Amortization Tax Provision

Starbox Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	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 Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.91	0.77	0.86	1.0	0.9	1.0	0.52	-0.01	0.97	0.96	0.16	1.0	0.48	0.17	1.0	0.91	1.0	1.0	1.0	1.0	1.0	1.0	0.93	0.89	0.92
Short Long Term Debt Total	0.91		0.84	0.65	0.89	0.67	0.93	0.23	0.37	0.8	0.77	-0.22	0.94	0.78	-0.21	0.9	0.85	0.94	0.89	0.9	0.91	0.89	0.93	0.71	0.8	0.7
Other Current Liab	0.77	0.84		0.73	0.75	0.53	0.79	0.21	0.37	0.66	0.66	-0.24	0.8	0.71	-0.23	0.76	0.93	0.8	0.75	0.75	0.77	0.75	0.79	0.58	0.91	0.57
Total Current Liabilities	0.86	0.65	0.73		0.86	0.84	0.86	0.78	-0.19	0.89	0.94	0.31	0.84	0.21	0.32	0.88	0.89	0.84	0.86	0.86	0.87	0.86	0.85	0.86	0.91	0.85
Total Stockholder Equity	1.0	0.89	0.75	0.86		0.92	0.99	0.53	-0.06	0.98	0.96	0.21	0.99	0.43	0.23	1.0	0.9	0.99	1.0	1.0	0.99	1.0	0.99	0.95	0.89	0.94
Net Tangible Assets	0.9	0.67	0.53	0.84	0.92		0.86	0.58	-0.44	0.97	0.93	0.57	0.86	0.06	0.58	0.91	0.78	0.86	0.92	0.92	0.88	0.92	0.86	1.0	0.82	1.0
Property Plant And Equipment Net	1.0	0.93	0.79	0.86	0.99	0.86		0.54	0.07	0.96	0.95	0.08	1.0	0.53	0.09	1.0	0.91	1.0	0.99	0.99	1.0	0.99	1.0	0.9	0.89	0.89
Current Deferred Revenue	0.52	0.23	0.21	0.78	0.53	0.58	0.54		-0.33	0.61	0.73	0.38	0.49	-0.14	0.39	0.56	0.44	0.49	0.52	0.52	0.57	0.53	0.52	0.6	0.45	0.58
Net Debt	-0.01	0.37	0.37	-0.19	-0.06	-0.44	0.07	-0.33		-0.23	-0.19	-0.99	0.08	0.86	-0.99	-0.03	0.07	0.09	-0.06	-0.05	0.03	-0.06	0.07	-0.37	-0.03	-0.39
Retained Earnings	0.97	0.8	0.66	0.89	0.98	0.97	0.96	0.61	-0.23		0.98	0.37	0.95	0.27	0.38	0.98	0.87	0.95	0.98	0.98	0.97	0.98	0.95	0.99	0.88	0.98
Accounts Payable	0.96	0.77	0.66	0.94	0.96	0.93	0.95	0.73	-0.19	0.98		0.33	0.94	0.27	0.34	0.97	0.85	0.94	0.96	0.96	0.96	0.96	0.95	0.96	0.86	0.95
Cash	0.16	-0.22	-0.24	0.31	0.21	0.57	0.08	0.38	-0.99	0.37	0.33		0.07	-0.78	1.0	0.18	0.07	0.06	0.21	0.2	0.12	0.21	0.08	0.51	0.17	0.53
Non Current Assets Total	1.0	0.94	0.8	0.84	0.99	0.86	1.0	0.49	0.08	0.95	0.94	0.07		0.55	0.09	0.99	0.91	1.0	0.99	0.99	1.0	0.99	1.0	0.9	0.89	0.89
Non Currrent Assets Other	0.48	0.78	0.71	0.21	0.43	0.06	0.53	-0.14	0.86	0.27	0.27	-0.78	0.55		-0.77	0.45	0.51	0.56	0.43	0.45	0.5	0.43	0.54	0.13	0.41	0.11
Cash And Short Term Investments	0.17	-0.21	-0.23	0.32	0.23	0.58	0.09	0.39	-0.99	0.38	0.34	1.0	0.09	-0.77		0.19	0.08	0.08	0.23	0.21	0.13	0.22	0.09	0.52	0.18	0.54
Net Receivables	1.0	0.9	0.76	0.88	1.0	0.91	1.0	0.56	-0.03	0.98	0.97	0.18	0.99	0.45	0.19		0.9	0.99	1.0	1.0	1.0	1.0	0.99	0.94	0.89	0.93
Common Stock Shares Outstanding	0.91	0.85	0.93	0.89	0.9	0.78	0.91	0.44	0.07	0.87	0.85	0.07	0.91	0.51	0.08	0.9		0.91	0.9	0.9	0.9	0.9	0.91	0.81	0.98	0.8
Non Current Liabilities Total	1.0	0.94	0.8	0.84	0.99	0.86	1.0	0.49	0.09	0.95	0.94	0.06	1.0	0.56	0.08	0.99	0.91		0.99	0.99	1.0	0.99	1.0	0.89	0.89	0.88
Other Current Assets	1.0	0.89	0.75	0.86	1.0	0.92	0.99	0.52	-0.06	0.98	0.96	0.21	0.99	0.43	0.23	1.0	0.9	0.99		1.0	0.99	1.0	0.99	0.95	0.89	0.94
Other Stockholder Equity	1.0	0.9	0.75	0.86	1.0	0.92	0.99	0.52	-0.05	0.98	0.96	0.2	0.99	0.45	0.21	1.0	0.9	0.99	1.0		0.99	1.0	0.99	0.94	0.9	0.94
Total Liab	1.0	0.91	0.77	0.87	0.99	0.88	1.0	0.57	0.03	0.97	0.96	0.12	1.0	0.5	0.13	1.0	0.9	1.0	0.99	0.99		0.99	1.0	0.91	0.89	0.9
Net Invested Capital	1.0	0.89	0.75	0.86	1.0	0.92	0.99	0.53	-0.06	0.98	0.96	0.21	0.99	0.43	0.22	1.0	0.9	0.99	1.0	1.0	0.99		0.99	0.95	0.89	0.94
Property Plant And Equipment Gross	1.0	0.93	0.79	0.85	0.99	0.86	1.0	0.52	0.07	0.95	0.95	0.08	1.0	0.54	0.09	0.99	0.91	1.0	0.99	0.99	1.0	0.99		0.9	0.89	0.89
Total Current Assets	0.93	0.71	0.58	0.86	0.95	1.0	0.9	0.6	-0.37	0.99	0.96	0.51	0.9	0.13	0.52	0.94	0.81	0.89	0.95	0.94	0.91	0.95	0.9		0.84	1.0
Capital Stock	0.89	0.8	0.91	0.91	0.89	0.82	0.89	0.45	-0.03	0.88	0.86	0.17	0.89	0.41	0.18	0.89	0.98	0.89	0.89	0.9	0.89	0.89	0.89	0.84		0.83
Net Working Capital	0.92	0.7	0.57	0.85	0.94	1.0	0.89	0.58	-0.39	0.98	0.95	0.53	0.89	0.11	0.54	0.93	0.8	0.88	0.94	0.94	0.9	0.94	0.89	1.0	0.83

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When running Starbox Group's price analysis, check to measure Starbox Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Starbox Group is operating at the current time. Most of Starbox Group's value examination focuses on studying past and present price action to predict the probability of Starbox Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Starbox Group's price. Additionally, you may evaluate how the addition of Starbox Group to your portfolios can decrease your overall portfolio volatility.

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Starbox Long Term Debt vs Accounts Payable Analysis

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Long Term Debt

Accounts Payable

Starbox Group fundamental ratios Correlations

Starbox Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Starbox Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Other Current Assets	+ 1.0	Total Assets

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Non Currrent Assets Other	- 0.78	Cash
Cash And Short Term Investments	- 0.77	Non Currrent Assets Other
Net Debt	- 0.44	Net Tangible Assets
Net Working Capital	- 0.39	Net Debt