Stepstone Retained Earnings vs Current Deferred Revenue Analysis

STEP Stock

USD 66.01 0.76 1.16%

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

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stepstone Group Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Stepstone's Retained Earnings and Current Deferred Revenue is -0.06. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Stepstone Group, assuming nothing else is changed. The correlation between historical values of Stepstone's Retained Earnings and Current Deferred 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 Retained Earnings of Stepstone Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Stepstone's Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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

As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.25, while Tax Provision is likely to drop slightly above 14.2 M.

	2021	2022	2023	2024 (projected)
EBITDA	481.9M	4K	249.9M	217.9M
Research Development	0.37	0.8	0.27	0.43

Ebitda Research Development

Stepstone fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	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	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets
Total Assets		0.78	0.99	0.99	0.46	0.92	0.14	0.84	0.72	0.6	-0.04	0.7	0.54	0.99	-0.14	0.68	0.54	0.95	0.92	0.97	0.37	0.67	-0.61	0.83	0.99	0.97
Short Long Term Debt Total	0.78		0.7	0.74	-0.06	0.74	-0.21	0.8	0.83	0.92	-0.08	0.52	0.24	0.78	-0.17	0.76	0.24	0.81	0.8	0.84	0.61	0.79	-0.8	0.39	0.81	0.75
Other Current Liab	0.99	0.7		0.99	0.56	0.89	0.21	0.8	0.62	0.52	0.0	0.69	0.53	0.99	-0.14	0.62	0.53	0.91	0.91	0.93	0.33	0.6	-0.51	0.88	0.98	0.95
Total Current Liabilities	0.99	0.74	0.99		0.48	0.91	0.24	0.8	0.71	0.57	0.02	0.72	0.51	0.99	-0.09	0.61	0.51	0.95	0.9	0.93	0.29	0.6	-0.61	0.83	0.99	0.96
Total Stockholder Equity	0.46	-0.06	0.56	0.48		0.33	0.24	0.29	-0.2	-0.15	0.19	0.41	0.25	0.51	-0.02	0.16	0.25	0.23	0.4	0.36	0.25	0.11	0.32	0.8	0.41	0.35
Other Liab	0.92	0.74	0.89	0.91	0.33		-0.07	0.93	0.77	0.58	-0.33	0.56	0.65	0.89	-0.32	0.83	0.65	0.93	0.95	0.94	0.3	0.81	-0.64	0.77	0.92	0.95
Net Tangible Assets	0.14	-0.21	0.21	0.24	0.24	-0.07		-0.33	0.05	-0.21	0.66	0.39	-0.17	0.15	0.55	-0.59	-0.17	0.13	-0.11	-0.1	-0.59	-0.6	-0.1	0.15	0.18	0.11
Property Plant And Equipment Net	0.84	0.8	0.8	0.8	0.29	0.93	-0.33		0.65	0.69	-0.44	0.36	0.54	0.83	-0.53	0.95	0.54	0.8	0.97	0.9	0.55	0.95	-0.51	0.66	0.82	0.82
Current Deferred Revenue	0.72	0.83	0.62	0.71	-0.2	0.77	0.05	0.65		0.74	-0.06	0.64	0.33	0.66	0.09	0.57	0.33	0.88	0.67	0.74	0.16	0.59	-0.98	0.35	0.77	0.79
Net Debt	0.6	0.92	0.52	0.57	-0.15	0.58	-0.21	0.69	0.74		0.01	0.42	-0.1	0.63	-0.13	0.66	-0.1	0.62	0.7	0.62	0.63	0.72	-0.75	0.18	0.64	0.53
Retained Earnings	-0.04	-0.08	0.0	0.02	0.19	-0.33	0.66	-0.44	-0.06	0.01		0.47	-0.55	0.02	0.78	-0.55	-0.55	-0.08	-0.24	-0.21	-0.01	-0.55	-0.06	-0.07	0.02	-0.14
Accounts Payable	0.7	0.52	0.69	0.72	0.41	0.56	0.39	0.36	0.64	0.42	0.47		0.15	0.7	0.58	0.22	0.15	0.73	0.5	0.62	0.23	0.23	-0.63	0.67	0.74	0.69
Cash	0.54	0.24	0.53	0.51	0.25	0.65	-0.17	0.54	0.33	-0.1	-0.55	0.15		0.45	-0.41	0.53	1.0	0.57	0.48	0.63	-0.04	0.45	-0.18	0.58	0.48	0.67
Non Current Assets Total	0.99	0.78	0.99	0.99	0.51	0.89	0.15	0.83	0.66	0.63	0.02	0.7	0.45		-0.14	0.66	0.45	0.92	0.92	0.94	0.43	0.65	-0.56	0.83	0.99	0.94
Non Currrent Assets Other	-0.14	-0.17	-0.14	-0.09	-0.02	-0.32	0.55	-0.53	0.09	-0.13	0.78	0.58	-0.41	-0.14		-0.59	-0.41	-0.04	-0.4	-0.24	-0.23	-0.57	-0.21	-0.07	-0.07	-0.13
Other Assets	0.68	0.76	0.62	0.61	0.16	0.83	-0.59	0.95	0.57	0.66	-0.55	0.22	0.53	0.66	-0.59		0.53	0.66	0.86	0.81	0.65	0.99	-0.45	0.51	0.65	0.68
Cash And Short Term Investments	0.54	0.24	0.53	0.51	0.25	0.65	-0.17	0.54	0.33	-0.1	-0.55	0.15	1.0	0.45	-0.41	0.53		0.57	0.48	0.63	-0.04	0.45	-0.18	0.58	0.48	0.67
Net Receivables	0.95	0.81	0.91	0.95	0.23	0.93	0.13	0.8	0.88	0.62	-0.08	0.73	0.57	0.92	-0.04	0.66	0.57		0.87	0.94	0.24	0.65	-0.79	0.72	0.97	0.98
Good Will	0.92	0.8	0.91	0.9	0.4	0.95	-0.11	0.97	0.67	0.7	-0.24	0.5	0.48	0.92	-0.4	0.86	0.48	0.87		0.93	0.49	0.85	-0.55	0.74	0.91	0.89
Common Stock Shares Outstanding	0.97	0.84	0.93	0.93	0.36	0.94	-0.1	0.9	0.74	0.62	-0.21	0.62	0.63	0.94	-0.24	0.81	0.63	0.94	0.93		0.47	0.8	-0.62	0.79	0.95	0.97
Non Current Liabilities Total	0.37	0.61	0.33	0.29	0.25	0.3	-0.59	0.55	0.16	0.63	-0.01	0.23	-0.04	0.43	-0.23	0.65	-0.04	0.24	0.49	0.47		0.67	-0.13	0.27	0.35	0.25
Inventory	0.67	0.79	0.6	0.6	0.11	0.81	-0.6	0.95	0.59	0.72	-0.55	0.23	0.45	0.65	-0.57	0.99	0.45	0.65	0.85	0.8	0.67		-0.48	0.47	0.65	0.66
Other Current Assets	-0.61	-0.8	-0.51	-0.61	0.32	-0.64	-0.1	-0.51	-0.98	-0.75	-0.06	-0.63	-0.18	-0.56	-0.21	-0.45	-0.18	-0.79	-0.55	-0.62	-0.13	-0.48		-0.2	-0.68	-0.68
Other Stockholder Equity	0.83	0.39	0.88	0.83	0.8	0.77	0.15	0.66	0.35	0.18	-0.07	0.67	0.58	0.83	-0.07	0.51	0.58	0.72	0.74	0.79	0.27	0.47	-0.2		0.8	0.8
Total Liab	0.99	0.81	0.98	0.99	0.41	0.92	0.18	0.82	0.77	0.64	0.02	0.74	0.48	0.99	-0.07	0.65	0.48	0.97	0.91	0.95	0.35	0.65	-0.68	0.8		0.97
Total Current Assets	0.97	0.75	0.95	0.96	0.35	0.95	0.11	0.82	0.79	0.53	-0.14	0.69	0.67	0.94	-0.13	0.68	0.67	0.98	0.89	0.97	0.25	0.66	-0.68	0.8	0.97

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Stepstone Account Relationship Matchups

Stepstone fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	680.8M	1.3B	4.2B	3.5B	3.8B	2.3B
Short Long Term Debt Total	143.1M	14.5M	133.8M	219.6M	268.6M	146.7M
Other Current Liab	220.6M	579.1M	2.1B	1.6B	1.7B	1.0B
Total Current Liabilities	277.5M	626.9M	2.3B	1.6B	1.7B	1.1B
Total Stockholder Equity	178K	249.4M	817.6M	771.6M	324.5M	413.1M
Other Liab	11.3M	9.7M	124.6M	199.4M	229.3M	240.7M
Net Tangible Assets	200.6M	237.1M	845.7M	(139.1M)	(160.0M)	(152.0M)
Property Plant And Equipment Net	(732K)	10.2M	61.1M	101.1M	127.3M	133.7M
Net Debt	53.2M	(165.4M)	17.5M	91.0M	86.2M	90.6M
Retained Earnings	216.2M	60.4M	229.6M	160.4M	13.8M	13.1M
Accounts Payable	36.2M	47.7M	80.5M	89.4M	22.3M	21.2M
Cash	89.9M	179.9M	116.4M	128.6M	182.3M	132.6M
Non Current Assets Total	95.2M	200.8M	2.5B	2.0B	2.1B	1.1B
Non Currrent Assets Other	26.2M	14.5M	27.4M	44.8M	(1.3B)	(1.3B)
Other Assets	15.3M	103.9M	1K	2.3B	2.6B	2.8B
Cash And Short Term Investments	89.9M	179.9M	116.4M	128.6M	182.3M	132.6M
Net Receivables	495.6M	928.6M	1.5B	1.3B	1.5B	952.3M
Common Stock Shares Outstanding	29.2M	38.4M	53.6M	61.9M	66.5M	47.6M
Liabilities And Stockholders Equity	464.6M	1.3B	4.2B	3.5B	3.8B	2.2B
Non Current Liabilities Total	166.3M	34.2M	110.9M	311.3M	222.9M	181.9M
Other Current Assets	(124.8M)	11.5M	1.4M	21.5M	27.7M	41.0M
Other Stockholder Equity	(432.3M)	188.8M	587.2M	610.6M	310.3M	158.3M
Total Liab	443.9M	661.1M	2.4B	1.9B	1.9B	1.2B
Total Current Assets	585.6M	1.1B	1.7B	1.5B	1.7B	1.1B
Accumulated Other Comprehensive Income	178K	155K	658K	461K	304K	288.8K
Short Term Debt	17.0M	20.7M	62.9M	98.4M	15.4M	14.6M
Intangible Assets	8.8M	5.5M	398.1M	354.6M	304.9M	172.3M
Common Stock	128.4M	216.1M	95K	109K	111K	105.5K
Property Plant Equipment	7.2M	11.0M	10.2M	61.1M	70.2M	73.7M
Net Invested Capital	359.4M	249.4M	880.5M	869.9M	473.3M	569.3M
Long Term Investments	514.2M	970.9M	1.4B	30.6M	898.1M	777.5M
Net Working Capital	(152.8M)	(403.4M)	(601.4M)	(101.9M)	(32.1M)	(33.8M)

Pair Trading with Stepstone

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stepstone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stepstone will appreciate offsetting losses from the drop in the long position's value.

Moving together with Stepstone Stock

0.71	V	Visa Class A	Pair Corr
0.63	DHIL	Diamond Hill Investment	Pair Corr
0.83	DIST	Distoken Acquisition	Pair Corr
0.79	AB	AllianceBernstein	Pair Corr
0.83	AC	Associated Capital	Pair Corr

Moving against Stepstone Stock

0.7

Pintec Technology

Pair Corr

The ability to find closely correlated positions to Stepstone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stepstone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stepstone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stepstone Group to buy it.

The correlation of Stepstone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stepstone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stepstone Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Stepstone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Stepstone Stock Analysis

When running Stepstone's price analysis, check to measure Stepstone'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 Stepstone is operating at the current time. Most of Stepstone's value examination focuses on studying past and present price action to predict the probability of Stepstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stepstone's price. Additionally, you may evaluate how the addition of Stepstone to your portfolios can decrease your overall portfolio volatility.

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