Starbox Total Liab vs Short Term Investments Analysis

STBX Stock  USD 1.24  0.04  3.33%   
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 Total Liab and its Short Term Investments 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.

Total Liab vs Short Term Investments

Total Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbox Group Holdings Total Liab account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Starbox Group's Total Liab and Short Term Investments is -0.79. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Term Investments 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 Total Liab 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 Total Liab of Starbox Group Holdings 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 Total Liab i.e., Starbox Group's Total Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Short Term Investments

Short Term Investments is an item under the current assets section of Starbox Group balance sheet. It contains any investments Starbox Group Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Starbox Group Holdings can easily liquidate in the marketplace.
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 Amortization218.0K1.8M2.1M2.2M
Tax Provision1.4M2.1M2.5M2.6M

Starbox Group fundamental ratios Correlations

0.910.770.861.00.91.00.52-0.010.970.960.161.00.480.171.00.911.01.01.01.01.01.00.930.890.92
0.910.840.650.890.670.930.230.370.80.77-0.220.940.78-0.210.90.850.940.890.90.910.890.930.710.80.7
0.770.840.730.750.530.790.210.370.660.66-0.240.80.71-0.230.760.930.80.750.750.770.750.790.580.910.57
0.860.650.730.860.840.860.78-0.190.890.940.310.840.210.320.880.890.840.860.860.870.860.850.860.910.85
1.00.890.750.860.920.990.53-0.060.980.960.210.990.430.231.00.90.991.01.00.991.00.990.950.890.94
0.90.670.530.840.920.860.58-0.440.970.930.570.860.060.580.910.780.860.920.920.880.920.861.00.821.0
1.00.930.790.860.990.860.540.070.960.950.081.00.530.091.00.911.00.990.991.00.991.00.90.890.89
0.520.230.210.780.530.580.54-0.330.610.730.380.49-0.140.390.560.440.490.520.520.570.530.520.60.450.58
-0.010.370.37-0.19-0.06-0.440.07-0.33-0.23-0.19-0.990.080.86-0.99-0.030.070.09-0.06-0.050.03-0.060.07-0.37-0.03-0.39
0.970.80.660.890.980.970.960.61-0.230.980.370.950.270.380.980.870.950.980.980.970.980.950.990.880.98
0.960.770.660.940.960.930.950.73-0.190.980.330.940.270.340.970.850.940.960.960.960.960.950.960.860.95
0.16-0.22-0.240.310.210.570.080.38-0.990.370.330.07-0.781.00.180.070.060.210.20.120.210.080.510.170.53
1.00.940.80.840.990.861.00.490.080.950.940.070.550.090.990.911.00.990.991.00.991.00.90.890.89
0.480.780.710.210.430.060.53-0.140.860.270.27-0.780.55-0.770.450.510.560.430.450.50.430.540.130.410.11
0.17-0.21-0.230.320.230.580.090.39-0.990.380.341.00.09-0.770.190.080.080.230.210.130.220.090.520.180.54
1.00.90.760.881.00.911.00.56-0.030.980.970.180.990.450.190.90.991.01.01.01.00.990.940.890.93
0.910.850.930.890.90.780.910.440.070.870.850.070.910.510.080.90.910.90.90.90.90.910.810.980.8
1.00.940.80.840.990.861.00.490.090.950.940.061.00.560.080.990.910.990.991.00.991.00.890.890.88
1.00.890.750.861.00.920.990.52-0.060.980.960.210.990.430.231.00.90.991.00.991.00.990.950.890.94
1.00.90.750.861.00.920.990.52-0.050.980.960.20.990.450.211.00.90.991.00.991.00.990.940.90.94
1.00.910.770.870.990.881.00.570.030.970.960.121.00.50.131.00.91.00.990.990.991.00.910.890.9
1.00.890.750.861.00.920.990.53-0.060.980.960.210.990.430.221.00.90.991.01.00.990.990.950.890.94
1.00.930.790.850.990.861.00.520.070.950.950.081.00.540.090.990.911.00.990.991.00.990.90.890.89
0.930.710.580.860.951.00.90.6-0.370.990.960.510.90.130.520.940.810.890.950.940.910.950.90.841.0
0.890.80.910.910.890.820.890.45-0.030.880.860.170.890.410.180.890.980.890.890.90.890.890.890.840.83
0.920.70.570.850.941.00.890.58-0.390.980.950.530.890.110.540.930.80.880.940.940.90.940.891.00.83
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Starbox Group Account Relationship Matchups

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