Step Cash vs Other Current Assets Analysis

STP Stock

0.79 0.02 2.60%

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

Cash vs Other Current Assets

Cash vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Step One Clothing Cash account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Step One's Cash and Other Current Assets is 0.69. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Step One Clothing, assuming nothing else is changed. The correlation between historical values of Step One's Cash and Other 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 Cash of Step One Clothing are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., Step One's Cash and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash

Cash refers to the most liquid asset of Step One Clothing, which is listed under current asset account on Step One Clothing balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Step One customers. The amounts must be unrestricted with restricted cash listed in a different Step One account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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

Selling General Administrative is likely to drop to about 4.1 M in 2025. Tax Provision is likely to drop to about 4.7 M in 2025

	2022	2023	2024	2025 (projected)
Gross Profit	48.2M	63.4M	72.9M	37.4M
Total Revenue	65.2M	84.5M	97.2M	49.5M

Gross Profit Total Revenue

Step One 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	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt
Total Assets		0.89	0.95	0.96	1.0	0.24	0.86	0.62	0.64	-0.91	-0.23	0.87	0.94	0.98	-0.22	0.58	0.99	0.85	-0.4	0.84	0.69	0.96	0.69	0.96	1.0	0.51
Short Long Term Debt Total	0.89		0.83	0.93	0.88	0.59	0.71	0.49	0.81	-0.84	-0.1	0.81	0.87	0.92	0.17	0.61	0.9	0.71	-0.28	0.71	0.7	0.83	0.65	0.93	0.89	0.7
Other Current Liab	0.95	0.83		0.95	0.94	0.1	0.73	0.43	0.73	-0.96	-0.44	0.89	0.95	0.96	-0.35	0.69	0.95	0.74	-0.38	0.73	0.61	0.9	0.56	0.94	0.95	0.64
Total Current Liabilities	0.96	0.93	0.95		0.94	0.35	0.78	0.55	0.78	-0.96	-0.34	0.95	0.97	0.96	-0.07	0.59	0.96	0.82	-0.44	0.7	0.73	0.91	0.67	1.0	0.96	0.64
Total Stockholder Equity	1.0	0.88	0.94	0.94		0.21	0.87	0.63	0.6	-0.89	-0.2	0.85	0.92	0.97	-0.26	0.58	0.99	0.85	-0.39	0.87	0.68	0.97	0.68	0.94	1.0	0.47
Other Liab	0.24	0.59	0.1	0.35	0.21		0.3	0.26	0.55	-0.18	0.49	0.19	0.18	0.31	0.84	0.23	0.22	0.29	-0.18	0.26	0.39	0.23	0.36	0.35	0.24	0.42
Net Tangible Assets	0.86	0.71	0.73	0.78	0.87	0.3		0.83	0.39	-0.71	0.11	0.68	0.71	0.8	-0.16	0.36	0.82	0.98	-0.67	0.87	0.65	0.9	0.73	0.78	0.86	0.14
Property Plant And Equipment Net	0.62	0.49	0.43	0.55	0.63	0.26	0.83		0.18	-0.54	0.1	0.52	0.54	0.53	0.04	-0.18	0.61	0.85	-0.72	0.52	0.81	0.58	0.91	0.56	0.62	-0.15
Current Deferred Revenue	0.64	0.81	0.73	0.78	0.6	0.55	0.39	0.18		-0.77	-0.31	0.66	0.74	0.76	0.26	0.65	0.68	0.41	-0.27	0.36	0.62	0.53	0.49	0.78	0.63	0.93
Net Debt	-0.91	-0.84	-0.96	-0.96	-0.89	-0.18	-0.71	-0.54	-0.77		0.52	-0.94	-0.99	-0.92	0.18	-0.52	-0.94	-0.76	0.46	-0.59	-0.77	-0.83	-0.7	-0.96	-0.91	-0.64
Retained Earnings	-0.23	-0.1	-0.44	-0.34	-0.2	0.49	0.11	0.1	-0.31	0.52		-0.53	-0.51	-0.24	0.4	-0.1	-0.29	-0.02	0.06	0.23	-0.24	-0.11	-0.1	-0.34	-0.23	-0.39
Accounts Payable	0.87	0.81	0.89	0.95	0.85	0.19	0.68	0.52	0.66	-0.94	-0.53		0.96	0.84	-0.12	0.44	0.88	0.78	-0.45	0.53	0.68	0.82	0.61	0.95	0.87	0.55
Cash	0.94	0.87	0.95	0.97	0.92	0.18	0.71	0.54	0.74	-0.99	-0.51	0.96		0.93	-0.17	0.51	0.96	0.75	-0.4	0.61	0.76	0.85	0.69	0.97	0.94	0.63
Non Current Assets Total	0.98	0.92	0.96	0.96	0.97	0.31	0.8	0.53	0.76	-0.92	-0.24	0.84	0.93		-0.16	0.68	0.98	0.79	-0.37	0.82	0.69	0.93	0.66	0.96	0.98	0.65
Non Currrent Assets Other	-0.22	0.17	-0.35	-0.07	-0.26	0.84	-0.16	0.04	0.26	0.18	0.4	-0.12	-0.17	-0.16		-0.21	-0.21	-0.12	0.02	-0.27	0.2	-0.27	0.14	-0.06	-0.23	0.18
Other Assets	0.58	0.61	0.69	0.59	0.58	0.23	0.36	-0.18	0.65	-0.52	-0.1	0.44	0.51	0.68	-0.21		0.55	0.29	0.04	0.64	0.01	0.63	-0.06	0.59	0.58	0.76
Cash And Short Term Investments	0.99	0.9	0.95	0.96	0.99	0.22	0.82	0.61	0.68	-0.94	-0.29	0.88	0.96	0.98	-0.21	0.55		0.81	-0.38	0.79	0.74	0.92	0.72	0.96	0.99	0.55
Net Receivables	0.85	0.71	0.74	0.82	0.85	0.29	0.98	0.85	0.41	-0.76	-0.02	0.78	0.75	0.79	-0.12	0.29	0.81		-0.72	0.78	0.69	0.89	0.75	0.82	0.86	0.15
Common Stock Shares Outstanding	-0.4	-0.28	-0.38	-0.44	-0.39	-0.18	-0.67	-0.72	-0.27	0.46	0.06	-0.45	-0.4	-0.37	0.02	0.04	-0.38	-0.72		-0.3	-0.59	-0.42	-0.63	-0.44	-0.4	0.04
Short Term Investments	0.84	0.71	0.73	0.7	0.87	0.26	0.87	0.52	0.36	-0.59	0.23	0.53	0.61	0.82	-0.27	0.64	0.79	0.78	-0.3		0.36	0.91	0.44	0.7	0.84	0.25
Non Current Liabilities Total	0.69	0.7	0.61	0.73	0.68	0.39	0.65	0.81	0.62	-0.77	-0.24	0.68	0.76	0.69	0.2	0.01	0.74	0.69	-0.59	0.36		0.53	0.98	0.73	0.69	0.35
Inventory	0.96	0.83	0.9	0.91	0.97	0.23	0.9	0.58	0.53	-0.83	-0.11	0.82	0.85	0.93	-0.27	0.63	0.92	0.89	-0.42	0.91	0.53		0.55	0.91	0.97	0.4
Other Current Assets	0.69	0.65	0.56	0.67	0.68	0.36	0.73	0.91	0.49	-0.7	-0.1	0.61	0.69	0.66	0.14	-0.06	0.72	0.75	-0.63	0.44	0.98	0.55		0.68	0.69	0.19
Total Liab	0.96	0.93	0.94	1.0	0.94	0.35	0.78	0.56	0.78	-0.96	-0.34	0.95	0.97	0.96	-0.06	0.59	0.96	0.82	-0.44	0.7	0.73	0.91	0.68		0.96	0.64
Total Current Assets	1.0	0.89	0.95	0.96	1.0	0.24	0.86	0.62	0.63	-0.91	-0.23	0.87	0.94	0.98	-0.23	0.58	0.99	0.86	-0.4	0.84	0.69	0.97	0.69	0.96		0.5
Short Term Debt	0.51	0.7	0.64	0.64	0.47	0.42	0.14	-0.15	0.93	-0.64	-0.39	0.55	0.63	0.65	0.18	0.76	0.55	0.15	0.04	0.25	0.35	0.4	0.19	0.64	0.5

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Step One Account Relationship Matchups

Step One fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	56.1M	63.2M	66.1M	63.5M	73.0M	41.4M
Other Current Liab	5.9M	5.7M	4.9M	3.5M	4.1M	3.3M
Total Current Liabilities	12.7M	14.6M	9.0M	11.1M	12.7M	8.7M
Total Stockholder Equity	43.2M	48.6M	57.1M	52.2M	60.1M	32.6M
Other Liab	105.6K	2K	19K	30K	34.5K	32.4K
Net Tangible Assets	4.3M	4.0M	48.6M	57.0M	65.6M	68.9M
Property Plant And Equipment Net	2K	19K	74K	448K	515.2K	541.0K
Current Deferred Revenue	2.6M	1.5M	1.3M	686K	788.9K	1.4M
Net Debt	(41.7M)	(34.2M)	(18.3M)	(28.7M)	(25.8M)	(27.1M)
Retained Earnings	(9.0M)	(3.9M)	4.7M	432K	388.8K	408.2K
Accounts Payable	6.8M	8.8M	1.5M	5.8M	6.6M	4.0M
Cash	41.7M	34.2M	18.3M	29.0M	33.3M	20.9M
Non Current Assets Total	3.0M	2.6M	3.2M	2.4M	2.7M	1.9M
Non Currrent Assets Other	(58K)	(69K)	(119K)	39.0K	35.1K	23.4K
Other Assets	1.0M	1.5M	2.6M	3.1M	1.15	1.09
Cash And Short Term Investments	41.7M	34.2M	38.3M	39.0M	44.8M	25.6M
Net Receivables	134K	980K	619K	972K	1.1M	1.2M
Short Term Investments	842.2K	692K	10M	20M	11.5M	6.6M
Liabilities And Stockholders Equity	56.1M	63.2M	66.1M	63.5M	73.0M	41.4M
Non Current Liabilities Total	203K	19K	30.0K	192K	220.8K	231.8K
Inventory	9.7M	25.4M	23.3M	19.0M	21.8M	12.5M
Other Current Assets	1.6M	33K	629K	2.2M	2.5M	2.7M
Total Liab	12.9M	14.6M	9.1M	11.3M	12.9M	8.8M
Total Current Assets	53.2M	60.6M	62.9M	61.1M	70.2M	39.4M
Short Term Debt	2.6M	1.5M	1.3M	231K	265.7K	252.4K
Common Stock	52.0M	52.5M	51.9M	50.9M	58.6M	32.6M
Property Plant Equipment	2.4K	2K	19K	74K	85.1K	89.4K
Intangible Assets	56K	50K	45K	39K	44.9K	39.7K
Other Stockholder Equity	173K	94K	481K	1.0	1.15	1.09
Accumulated Other Comprehensive Income	173K	94K	481K	864K	993.6K	1.0M

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