STM Common Stock vs Total Current Assets Analysis

STM Stock   61.50  0.00  0.00%   
STM Group financial indicator trend analysis is much more than just breaking down STM Group Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether STM Group Plc is a good investment. Please check the relationship between STM Group Common Stock and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios. 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 economic analysis.

Common Stock vs Total Current Assets

Common Stock vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of STM Group Plc Common Stock account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between STM Group's Common Stock and Total Current Assets is 0.67. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of STM Group Plc, assuming nothing else is changed. The correlation between historical values of STM Group's Common Stock and Total Current 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 Common Stock of STM Group Plc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock i.e., STM Group's Common Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

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.
Most indicators from STM Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into STM Group Plc 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. 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 economic analysis.
The current year's Selling General Administrative is expected to grow to about 16.5 M, whereas Tax Provision is forecasted to decline to about 23.8 K.
 2021 2022 2023 2024 (projected)
Interest Expense330K322K689K723.5K
Depreciation And Amortization1.5M1.6M2.0M2.1M

STM Group fundamental ratios Correlations

0.40.670.80.870.41-0.740.090.820.720.080.80.740.58-0.010.510.050.80.660.86-0.080.290.740.550.89-0.8
0.40.260.290.280.34-0.010.420.230.760.40.220.180.15-0.090.210.130.390.430.310.080.150.180.310.27-0.45
0.670.260.970.420.13-0.40.30.340.450.480.330.450.37-0.020.81-0.430.960.30.9-0.10.010.480.90.47-0.8
0.80.290.970.610.24-0.560.280.520.560.40.510.550.43-0.040.79-0.370.990.470.98-0.10.140.580.860.66-0.88
0.870.280.420.610.57-0.92-0.090.960.74-0.190.940.770.650.110.220.170.610.630.75-0.050.380.770.390.97-0.65
0.410.340.130.240.57-0.410.030.470.56-0.080.430.310.26-0.27-0.240.290.250.280.320.060.420.310.080.51-0.21
-0.74-0.01-0.4-0.56-0.92-0.410.19-0.96-0.50.32-0.95-0.77-0.66-0.14-0.140.0-0.54-0.48-0.70.02-0.19-0.78-0.39-0.910.52
0.090.420.30.28-0.090.030.19-0.140.120.68-0.150.13-0.010.070.39-0.230.330.050.24-0.21-0.260.140.41-0.05-0.3
0.820.230.340.520.960.47-0.96-0.140.64-0.290.990.80.670.110.10.130.520.570.670.020.230.790.330.95-0.54
0.720.760.450.560.740.56-0.50.120.640.190.620.520.470.160.230.160.620.580.63-0.070.470.530.520.71-0.67
0.080.40.480.4-0.19-0.080.320.68-0.290.19-0.33-0.26-0.39-0.030.57-0.450.440.00.3-0.330.13-0.240.58-0.09-0.44
0.80.220.330.510.940.43-0.95-0.150.990.62-0.330.810.690.110.090.150.510.530.660.110.180.80.330.92-0.5
0.740.180.450.550.770.31-0.770.130.80.52-0.260.810.90.230.220.120.540.340.650.01-0.111.00.460.73-0.5
0.580.150.370.430.650.26-0.66-0.010.670.47-0.390.690.90.290.160.260.430.190.52-0.06-0.230.90.390.55-0.33
-0.01-0.09-0.02-0.040.11-0.27-0.140.070.110.16-0.030.110.230.29-0.010.14-0.05-0.13-0.01-0.14-0.150.230.180.070.04
0.510.210.810.790.22-0.24-0.140.390.10.230.570.090.220.16-0.01-0.360.790.290.72-0.25-0.020.250.690.27-0.76
0.050.13-0.43-0.370.170.290.0-0.230.130.16-0.450.150.120.260.14-0.36-0.35-0.02-0.280.10.110.09-0.49-0.020.38
0.80.390.960.990.610.25-0.540.330.520.620.440.510.540.43-0.050.79-0.350.490.98-0.120.150.570.870.65-0.9
0.660.430.30.470.630.28-0.480.050.570.580.00.530.340.19-0.130.29-0.020.490.53-0.140.530.340.120.67-0.66
0.860.310.90.980.750.32-0.70.240.670.630.30.660.650.52-0.010.72-0.280.980.53-0.110.180.670.820.78-0.89
-0.080.08-0.1-0.1-0.050.060.02-0.210.02-0.07-0.330.110.01-0.06-0.14-0.250.1-0.12-0.14-0.11-0.290.01-0.19-0.090.29
0.290.150.010.140.380.42-0.19-0.260.230.470.130.18-0.11-0.23-0.15-0.020.110.150.530.18-0.29-0.11-0.020.4-0.35
0.740.180.480.580.770.31-0.780.140.790.53-0.240.81.00.90.230.250.090.570.340.670.01-0.110.50.73-0.52
0.550.310.90.860.390.08-0.390.410.330.520.580.330.460.390.180.69-0.490.870.120.82-0.19-0.020.50.44-0.75
0.890.270.470.660.970.51-0.91-0.050.950.71-0.090.920.730.550.070.27-0.020.650.670.78-0.090.40.730.44-0.73
-0.8-0.45-0.8-0.88-0.65-0.210.52-0.3-0.54-0.67-0.44-0.5-0.5-0.330.04-0.760.38-0.9-0.66-0.890.29-0.35-0.52-0.75-0.73
Click cells to compare fundamentals

STM Group Account Relationship Matchups

STM Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.3M55.2M73.3M54.1M80.9M46.4M
Short Long Term Debt Total3.9M3.5M2.8M6.1M5.7M3.9M
Other Current Liab6.1M7.1M25.6M3.3M37.9M39.8M
Total Current Liabilities12.7M17.3M35.3M13.8M41.1M43.2M
Total Stockholder Equity34.5M35.5M36.4M35.0M34.6M30.5M
Property Plant And Equipment Net3.0M2.0M1.7M1.2M1.3M1.4M
Net Debt(14.5M)(13.0M)(15.4M)(13.2M)(12.7M)(12.1M)
Accounts Payable466K368K638K882K2.0M2.1M
Cash18.4M16.4M18.2M19.2M18.4M11.4M
Non Current Assets Total23.3M21.7M20.8M24.8M24.6M22.3M
Non Currrent Assets Other(17.2M)(14.8M)(14.5M)(13.6M)3.1M3.2M
Cash And Short Term Investments18.4M16.4M18.2M19.2M18.4M11.7M
Liabilities And Stockholders Equity49.3M55.2M73.3M54.1M80.9M46.4M
Non Current Liabilities Total2.3M1.0M900K4.8M5.1M3.7M
Other Current Assets(23.6M)12.9M29.2M5.5M34.0M35.7M
Other Stockholder Equity22.1M21.9M21.8M20.5M20.1M17.5M
Total Liab15.1M20.1M37.4M19.2M46.3M48.6M
Property Plant And Equipment Gross3.0M2.0M8.0M8.2M3.1M2.4M
Total Current Assets25.4M32.8M51.3M29.0M56.2M59.0M
Accumulated Other Comprehensive Income103K102K69K(1.3M)(1.7M)(1.6M)
Short Term Debt2.0M1.3M1.3M1.1M854K1.2M
Intangible Assets20.5M19.9M19.4M22.1M8.2M9.6M
Current Deferred Revenue4.2M3.6M3.6M3.8M39.2M41.1M
Retained Earnings12.5M13.5M14.4M14.4M14.4M9.2M
Net Tangible Assets14.3M14.2M15.8M17.3M19.9M12.6M
Other Assets691.0K726K1.2M314K361.1K452.9K
Net Receivables5.1M8.4M31.3M8.0M33.1M34.8M
Deferred Long Term Liab235K183K176K256K294.4K218.5K
Short Long Term Debt1.6M1.7M1.2M552K550K961.2K
Property Plant Equipment1.1M3.0M2.0M1.7M1.9M1.6M
Net Invested Capital35.7M35.5M37.8M40.3M39.4M40.5M
Net Working Capital12.6M15.5M16.0M15.3M15.1M15.8M

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Other Information on Investing in STM Stock

Balance Sheet is a snapshot of the financial position of STM Group Plc at a specified time, usually calculated after every quarter, six months, or one year. STM Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of STM Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which STM currently owns. An asset can also be divided into two categories, current and non-current.