Sterling Net Debt vs Non Currrent Assets Other 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 Net Debt and its Non Currrent Assets Other 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.

Net Debt vs Non Currrent Assets Other

Net Debt vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sterling Construction Net Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sterling Construction's Net Debt and Non Currrent Assets Other is -0.3. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Currrent Assets Other 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 Net Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Sterling Construction are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Debt i.e., Sterling Construction's Net Debt and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Expense19.3M20.6M29.3M30.8M
Depreciation And Amortization32.5M50.6M57.4M60.3M

Sterling Construction fundamental ratios Correlations

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0.960.830.360.940.970.90.240.920.790.830.960.780.830.880.940.750.480.88-0.740.470.210.930.950.930.78
0.930.690.110.970.950.9-0.070.940.790.980.870.840.970.820.850.740.360.76-0.610.170.180.90.980.970.73
0.290.670.530.140.10.24-0.070.00.33-0.210.43-0.3-0.230.440.450.260.480.59-0.490.610.170.37-0.010.10.49
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0.890.840.30.890.790.790.790.330.650.740.870.510.710.950.890.950.740.88-0.740.320.550.910.760.880.73
0.870.590.050.930.910.830.98-0.210.910.740.780.840.990.740.770.70.30.67-0.530.080.170.830.950.940.63
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0.690.38-0.010.760.810.780.84-0.30.830.510.840.630.850.510.590.460.070.45-0.280.05-0.070.620.880.750.46
0.860.560.050.920.920.830.97-0.230.930.710.990.770.850.720.750.680.270.64-0.540.070.150.810.950.940.61
0.950.930.320.920.860.880.820.440.750.950.740.950.510.720.960.910.730.96-0.830.40.470.970.810.910.87
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-0.79-0.81-0.45-0.73-0.73-0.74-0.61-0.49-0.62-0.74-0.53-0.81-0.28-0.54-0.83-0.83-0.79-0.69-0.82-0.48-0.48-0.8-0.64-0.73-0.77
0.420.570.960.30.350.470.170.610.270.320.080.510.050.070.40.540.350.440.56-0.480.250.440.280.290.25
0.290.270.270.290.210.210.180.17-0.010.550.170.25-0.070.150.470.320.710.890.31-0.480.250.310.130.320.19
0.990.940.370.970.920.930.90.370.850.910.830.990.620.810.970.990.850.590.97-0.80.440.310.90.950.87
0.940.710.220.960.970.950.98-0.010.960.760.950.890.880.950.810.870.720.340.78-0.640.280.130.90.960.71
0.980.80.230.990.970.930.970.10.920.880.940.930.750.940.910.930.840.520.86-0.730.290.320.950.960.78
0.850.880.150.820.760.780.730.490.710.730.630.870.460.610.870.860.690.530.86-0.770.250.190.870.710.78
Click cells to compare fundamentals

Sterling Construction Account Relationship Matchups

Sterling Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets961.9M952.7M1.2B1.4B1.8B1.9B
Short Long Term Debt Total447.2M385.2M481.5M491.2M398.9M418.8M
Other Current Liab21.3M20.1M90.4M13.4M22.2M15.2M
Total Current Liabilities293.5M321.9M351.8M446.6M678.2M712.1M
Total Stockholder Equity219.9M267.3M358.8M474.6M618.9M649.9M
Property Plant And Equipment Net130.0M143.2M228.8M274.9M300.9M315.9M
Current Deferred Revenue85.0M114.0M127.9M239.3M444.2M466.4M
Net Debt401.4M319.0M399.7M309.6M(72.7M)(69.0M)
Retained Earnings(25.0M)17.3M79.9M186.4M325.0M341.3M
Accounts Payable137.6M95.2M112.7M121.9M146.0M153.3M
Cash45.7M66.2M81.8M181.5M471.6M495.1M
Non Current Assets Total604.4M591.2M796.3M844.4M929.2M975.7M
Non Currrent Assets Other183K3.3M4.5M7.7M18.8M19.7M
Cash And Short Term Investments45.7M66.2M81.8M181.5M471.6M495.1M
Net Receivables300.0M279.1M285.8M386.6M358.5M376.5M
Good Will191.9M192.0M259.8M262.7M281.1M295.2M
Common Stock Shares Outstanding27.1M28.2M29.1M30.6M31.2M16.5M
Liabilities And Stockholders Equity961.9M952.7M1.2B1.4B1.8B1.9B
Non Current Liabilities Total447.2M362.1M519.0M517.2M475.2M498.9M
Other Current Assets11.8M16.3M87.9M29.1M17.9M10.4M
Other Stockholder Equity244.9M255.0M280.3M287.9M293.6M188.6M
Total Liab740.7M684.0M870.8M963.8M1.2B1.2B
Property Plant And Equipment Gross130.0M143.2M228.8M274.9M490.9M515.4M
Total Current Assets357.5M361.5M434.7M597.3M848.0M890.4M
Accumulated Other Comprehensive Income(98.6M)(109.1M)(209K)(5.3M)(1.7M)0.0
Short Term Debt49.6M92.6M29.9M72.0M65.8M69.1M
Other Assets26.2M219.6M4.5M7.7M8.8M14.3M
Long Term Debt390.6M291.2M428.6M398.7M315.0M330.7M
Intangible Assets256.3M244.9M303.2M299.1M328.4M344.8M
Property Plant Equipment116.0M143.2M228.8M274.9M316.1M331.9M
Other Liab49.2M61.9M74.6M78.4M90.1M94.6M
Net Tangible Assets(228.3M)(169.6M)(204.2M)(87.2M)(78.5M)(74.6M)
Noncontrolling Interest In Consolidated Entity7.9M1.3M1.5M1.5M1.3M1.2M
Retained Earnings Total Equity(64.9M)(25.0M)17.3M79.9M91.9M96.5M

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When determining whether Sterling Construction is a strong investment it is important to analyze Sterling Construction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sterling Construction's future performance. For an informed investment choice regarding Sterling Stock, refer to the following important reports:
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.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.