Star Total Current Assets vs Net Receivables Analysis
| STFS Stock | 4.89 0.17 3.60% |
Star Fashion financial indicator trend analysis is much more than just breaking down Star Fashion Culture prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Fashion Culture is a good investment. Please check the relationship between Star Fashion Total Current Assets and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Fashion Culture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Total Current Assets vs Net Receivables
Total Current Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Star Fashion Culture Total Current Assets account and Net Receivables. At this time, the significance of the direction appears to have totally related.
The correlation between Star Fashion's Total Current Assets and Net Receivables is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Star Fashion Culture, assuming nothing else is changed. The correlation between historical values of Star Fashion's Total Current Assets and Net Receivables 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 Current Assets of Star Fashion Culture are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Assets i.e., Star Fashion's Total Current Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Receivables
Most indicators from Star Fashion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Fashion Culture 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 Star Fashion Culture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. Tax Provision is likely to gain to about 3.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.2 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.9M | 19.5M | 22.4M | 15.6M | Total Revenue | 35.4M | 69.0M | 79.4M | 57.4M |
Star Fashion fundamental ratios Correlations
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Star Fashion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Star Stock Analysis
When running Star Fashion's price analysis, check to measure Star Fashion'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 Star Fashion is operating at the current time. Most of Star Fashion's value examination focuses on studying past and present price action to predict the probability of Star Fashion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Fashion's price. Additionally, you may evaluate how the addition of Star Fashion to your portfolios can decrease your overall portfolio volatility.