Sterling Common Stock Total Equity vs Common Stock Shares Outstanding Analysis
STRL Stock | USD 197.41 7.98 4.21% |
Sterling Construction financial indicator trend analysis is much more than just breaking down Sterling Construction prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sterling Construction is a good investment. Please check the relationship between Sterling Construction Common Stock Total Equity and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sterling Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Sterling Stock please use our How to buy in Sterling Stock guide.
Common Stock Total Equity vs Common Stock Shares Outstanding
Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sterling Construction Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sterling Construction's Common Stock Total Equity and Common Stock Shares Outstanding is 0.82. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Sterling Construction, assuming nothing else is changed. The correlation between historical values of Sterling Construction's Common Stock Total Equity and Common Stock Shares Outstanding 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 Total Equity of Sterling Construction are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Sterling Construction's Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Sterling Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sterling Construction 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 Sterling Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Sterling Stock please use our How to buy in Sterling Stock guide.At this time, Sterling Construction's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 50.2 M this year, although Enterprise Value Over EBITDA will most likely fall to 6.72.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 19.3M | 20.6M | 29.3M | 30.8M | Depreciation And Amortization | 32.5M | 50.6M | 57.4M | 60.3M |
Sterling Construction fundamental ratios Correlations
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Sterling Construction Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sterling Construction fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 961.9M | 952.7M | 1.2B | 1.4B | 1.8B | 1.9B | |
Short Long Term Debt Total | 447.2M | 385.2M | 481.5M | 491.2M | 398.9M | 418.8M | |
Other Current Liab | 21.3M | 20.1M | 90.4M | 13.4M | 22.2M | 15.2M | |
Total Current Liabilities | 293.5M | 321.9M | 351.8M | 446.6M | 678.2M | 712.1M | |
Total Stockholder Equity | 219.9M | 267.3M | 358.8M | 474.6M | 618.9M | 649.9M | |
Property Plant And Equipment Net | 130.0M | 143.2M | 228.8M | 274.9M | 300.9M | 315.9M | |
Current Deferred Revenue | 85.0M | 114.0M | 127.9M | 239.3M | 444.2M | 466.4M | |
Net Debt | 401.4M | 319.0M | 399.7M | 309.6M | (72.7M) | (69.0M) | |
Retained Earnings | (25.0M) | 17.3M | 79.9M | 186.4M | 325.0M | 341.3M | |
Accounts Payable | 137.6M | 95.2M | 112.7M | 121.9M | 146.0M | 153.3M | |
Cash | 45.7M | 66.2M | 81.8M | 181.5M | 471.6M | 495.1M | |
Non Current Assets Total | 604.4M | 591.2M | 796.3M | 844.4M | 929.2M | 975.7M | |
Non Currrent Assets Other | 183K | 3.3M | 4.5M | 7.7M | 18.8M | 19.7M | |
Cash And Short Term Investments | 45.7M | 66.2M | 81.8M | 181.5M | 471.6M | 495.1M | |
Net Receivables | 300.0M | 279.1M | 285.8M | 386.6M | 358.5M | 376.5M | |
Good Will | 191.9M | 192.0M | 259.8M | 262.7M | 281.1M | 295.2M | |
Common Stock Shares Outstanding | 27.1M | 28.2M | 29.1M | 30.6M | 31.2M | 16.5M | |
Liabilities And Stockholders Equity | 961.9M | 952.7M | 1.2B | 1.4B | 1.8B | 1.9B | |
Non Current Liabilities Total | 447.2M | 362.1M | 519.0M | 517.2M | 475.2M | 498.9M | |
Other Current Assets | 11.8M | 16.3M | 87.9M | 29.1M | 17.9M | 10.4M | |
Other Stockholder Equity | 244.9M | 255.0M | 280.3M | 287.9M | 293.6M | 188.6M | |
Total Liab | 740.7M | 684.0M | 870.8M | 963.8M | 1.2B | 1.2B | |
Property Plant And Equipment Gross | 130.0M | 143.2M | 228.8M | 274.9M | 490.9M | 515.4M | |
Total Current Assets | 357.5M | 361.5M | 434.7M | 597.3M | 848.0M | 890.4M | |
Accumulated Other Comprehensive Income | (98.6M) | (109.1M) | (209K) | (5.3M) | (1.7M) | 0.0 | |
Short Term Debt | 49.6M | 92.6M | 29.9M | 72.0M | 65.8M | 69.1M | |
Other Assets | 26.2M | 219.6M | 4.5M | 7.7M | 8.8M | 14.3M | |
Long Term Debt | 390.6M | 291.2M | 428.6M | 398.7M | 315.0M | 330.7M | |
Intangible Assets | 256.3M | 244.9M | 303.2M | 299.1M | 328.4M | 344.8M | |
Property Plant Equipment | 116.0M | 143.2M | 228.8M | 274.9M | 316.1M | 331.9M | |
Other Liab | 49.2M | 61.9M | 74.6M | 78.4M | 90.1M | 94.6M | |
Net Tangible Assets | (228.3M) | (169.6M) | (204.2M) | (87.2M) | (78.5M) | (74.6M) | |
Noncontrolling Interest In Consolidated Entity | 7.9M | 1.3M | 1.5M | 1.5M | 1.3M | 1.2M | |
Retained Earnings Total Equity | (64.9M) | (25.0M) | 17.3M | 79.9M | 91.9M | 96.5M |
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Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sterling Construction. If investors know Sterling will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sterling Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.563 | Earnings Share 5.9 | Revenue Per Share 68.14 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0863 |
The market value of Sterling Construction is measured differently than its book value, which is the value of Sterling that is recorded on the company's balance sheet. Investors also form their own opinion of Sterling Construction's value that differs from its market value or its book value, called intrinsic value, which is Sterling Construction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sterling Construction's market value can be influenced by many factors that don't directly affect Sterling Construction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sterling Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sterling Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sterling Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.