Star Inventory vs Other Current Liab Analysis
STRR Stock | USD 2.94 0.01 0.34% |
Star Equity financial indicator trend analysis is much more than just breaking down Star Equity Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Equity Holdings is a good investment. Please check the relationship between Star Equity Inventory and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Equity Holdings. 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.
Inventory vs Other Current Liab
Inventory vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Star Equity Holdings Inventory account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Star Equity's Inventory and Other Current Liab is 0.78. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Star Equity Holdings, assuming nothing else is changed. The correlation between historical values of Star Equity's Inventory and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Star Equity Holdings are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., Star Equity's Inventory and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Other Current Liab
Most indicators from Star Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Equity Holdings 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 Equity Holdings. 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. At this time, Star Equity's Discontinued Operations is relatively stable compared to the past year. As of 11/24/2024, Sales General And Administrative To Revenue is likely to grow to 0.20, while Selling General Administrative is likely to drop slightly above 15.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 905K | 975K | 973K | 924.4K | Depreciation And Amortization | 4.9M | 3.5M | 2.7M | 3.6M |
Star Equity fundamental ratios Correlations
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Star Equity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Star Equity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 90.6M | 88.3M | 68.1M | 73.3M | 75.5M | 68.1M | |
Total Stockholder Equity | 40.7M | 39.9M | 35.7M | 41.8M | 65.3M | 34.9M | |
Non Current Assets Total | 61.0M | 39.4M | 36.2M | 34.0M | 40.7M | 26.5M | |
Non Currrent Assets Other | (6.9M) | 1.4M | 1.7M | 1.8M | (4.8M) | (4.6M) | |
Common Stock Shares Outstanding | 2.0M | 3.7M | 5.1M | 14.8M | 3.2M | 2.6M | |
Liabilities And Stockholders Equity | 90.6M | 88.3M | 68.1M | 73.3M | 75.5M | 68.1M | |
Non Current Liabilities Total | 21.7M | 18.3M | 4.5M | 4.0M | 1.5M | 1.4M | |
Other Stockholder Equity | 139.6M | 143.4M | 144.7M | 156.0M | 154.4M | 141.5M | |
Total Liab | 49.9M | 48.4M | 32.3M | 31.5M | 10.2M | 9.7M | |
Short Long Term Debt Total | 26.0M | 26.2M | 17.4M | 17.0M | 3.6M | 3.4M | |
Other Current Liab | 11.6M | 12.9M | 5.5M | 19.8M | 2.5M | 2.4M | |
Total Current Liabilities | 28.2M | 30.0M | 27.8M | 27.5M | 8.7M | 17.1M | |
Property Plant And Equipment Net | 27.0M | 11.5M | 13.4M | 12.8M | 9.3M | 14.0M | |
Current Deferred Revenue | 1.8M | 2.2M | 2.8M | 3.4M | 1.4M | 2.5M | |
Net Debt | 24.2M | 23.0M | 12.9M | 12.4M | (14.7M) | (14.0M) | |
Retained Earnings | (118.5M) | (125.0M) | (128.0M) | (133.2M) | (108.1M) | (113.5M) | |
Accounts Payable | 8.9M | 5.0M | 4.3M | 1.4M | 1.6M | 1.5M | |
Cash | 1.8M | 3.2M | 4.5M | 4.7M | 18.3M | 19.2M | |
Cash And Short Term Investments | 1.8M | 3.3M | 4.5M | 8.2M | 23.8M | 16.7M | |
Net Receivables | 18.6M | 13.0M | 15.8M | 8.0M | 6.4M | 10.7M | |
Inventory | 7.1M | 9.8M | 8.5M | 10.6M | 3.4M | 6.5M | |
Other Current Assets | 1.8M | 22.9M | 2.7M | 18.7M | 1.2M | 1.1M | |
Property Plant And Equipment Gross | 27.0M | 11.5M | 13.4M | 12.8M | 11.5M | 14.1M | |
Total Current Assets | 29.5M | 48.9M | 31.9M | 39.3M | 34.8M | 31.7M | |
Short Term Debt | 5.9M | 22.5M | 14.7M | 3.8M | 2.9M | 5.3M | |
Intangible Assets | 22.9M | 16.9M | 15.1M | 13.4M | 12.5M | 13.1M | |
Short Term Investments | 26K | 35K | 47K | 3.5M | 4.8M | 8.5M | |
Good Will | 1.7M | 10.0M | 9.5M | 6.0M | 4.4M | 3.6M | |
Other Liab | 2.5M | 173K | 1.2M | 475K | 427.5K | 406.1K | |
Net Tangible Assets | (7.9M) | (8.0M) | (4.4M) | 3.4M | 3.0M | 2.9M | |
Other Assets | 19.4M | 1.3M | 1.7M | 1.5M | 1.4M | 1.3M | |
Property Plant Equipment | 12.5M | 11.5M | 13.4M | 12.8M | 11.5M | 15.1M | |
Capital Lease Obligations | 5.9M | 1.8M | 4.6M | 5.4M | 1.6M | 1.5M | |
Net Invested Capital | 42.2M | 42.8M | 29.6M | 34.4M | 48.3M | 32.0M | |
Non Current Liabilities Other | 1.6M | 1.1M | 1.1M | 299K | 269.1K | 255.6K |
Additional Tools for Star Stock Analysis
When running Star Equity's price analysis, check to measure Star Equity'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 Equity is operating at the current time. Most of Star Equity's value examination focuses on studying past and present price action to predict the probability of Star Equity'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 Equity's price. Additionally, you may evaluate how the addition of Star Equity to your portfolios can decrease your overall portfolio volatility.