Star Property Plant Equipment vs Total Current Assets 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 Property Plant Equipment and its Total Current Assets 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.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Star Equity Holdings Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Star Equity's Property Plant Equipment and Total Current Assets is -0.22. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets 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 Property Plant Equipment 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 Property Plant Equipment of Star Equity Holdings 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 Property Plant Equipment i.e., Star Equity's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

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 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 Expense905K975K973K924.4K
Depreciation And Amortization4.9M3.5M2.7M3.6M

Star Equity fundamental ratios Correlations

0.690.86-0.50.27-0.180.470.230.630.410.620.610.530.56-0.070.62-0.43-0.460.620.520.430.390.630.160.390.81
0.690.35-0.810.23-0.780.89-0.51-0.060.06-0.020.10.29-0.11-0.250.110.160.190.080.91-0.020.110.120.41-0.110.35
0.860.35-0.130.10.250.060.550.760.330.640.830.430.750.280.78-0.68-0.720.740.130.30.170.84-0.310.340.73
-0.5-0.81-0.13-0.140.79-0.890.550.110.010.03-0.1-0.130.150.56-0.16-0.2-0.2-0.19-0.920.040.0-0.11-0.350.17-0.43
0.270.230.1-0.14-0.280.290.020.240.750.46-0.030.590.24-0.55-0.14-0.22-0.17-0.030.250.680.67-0.030.330.140.36
-0.18-0.780.250.79-0.28-0.910.860.50.130.320.34-0.130.510.540.33-0.5-0.530.27-0.880.120.010.33-0.50.310.01
0.470.890.06-0.890.29-0.91-0.63-0.150.09-0.070.00.32-0.17-0.580.040.180.240.060.990.030.140.010.48-0.180.24
0.23-0.510.550.550.020.86-0.630.860.480.730.570.190.850.250.64-0.8-0.810.6-0.590.50.330.55-0.330.580.42
0.63-0.060.760.110.240.5-0.150.860.650.910.730.490.98-0.060.82-0.89-0.890.82-0.110.680.520.72-0.130.650.74
0.410.060.330.010.750.130.090.480.650.70.270.520.63-0.390.31-0.57-0.490.280.050.780.80.260.280.330.47
0.62-0.020.640.030.460.32-0.070.730.910.70.540.570.87-0.250.64-0.76-0.80.74-0.060.870.630.530.040.750.82
0.610.10.83-0.1-0.030.340.00.570.730.270.540.50.770.190.86-0.76-0.80.850.060.23-0.011.0-0.540.110.55
0.530.290.43-0.130.59-0.130.320.190.490.520.570.50.48-0.250.26-0.42-0.440.450.270.610.40.490.070.180.4
0.56-0.110.750.150.240.51-0.170.850.980.630.870.770.48-0.040.83-0.96-0.960.83-0.130.620.470.76-0.270.580.68
-0.07-0.250.280.56-0.550.54-0.580.25-0.06-0.39-0.250.19-0.25-0.040.040.0-0.04-0.09-0.55-0.45-0.450.2-0.54-0.16-0.33
0.620.110.78-0.16-0.140.330.040.640.820.310.640.860.260.830.04-0.79-0.790.920.10.310.090.85-0.330.360.66
-0.430.16-0.68-0.2-0.22-0.50.18-0.8-0.89-0.57-0.76-0.76-0.42-0.960.0-0.790.97-0.780.14-0.51-0.38-0.750.42-0.45-0.54
-0.460.19-0.72-0.2-0.17-0.530.24-0.81-0.89-0.49-0.8-0.8-0.44-0.96-0.04-0.790.97-0.840.19-0.54-0.34-0.790.46-0.51-0.61
0.620.080.74-0.19-0.030.270.060.60.820.280.740.850.450.83-0.090.92-0.78-0.840.110.440.110.84-0.340.450.73
0.520.910.13-0.920.25-0.880.99-0.59-0.110.05-0.060.060.27-0.13-0.550.10.140.190.11-0.010.120.070.42-0.160.3
0.43-0.020.30.040.680.120.030.50.680.780.870.230.610.62-0.450.31-0.51-0.540.44-0.010.80.210.340.670.6
0.390.110.170.00.670.010.140.330.520.80.63-0.010.40.47-0.450.09-0.38-0.340.110.120.8-0.020.570.630.44
0.630.120.84-0.11-0.030.330.010.550.720.260.531.00.490.760.20.85-0.75-0.790.840.070.21-0.02-0.540.10.57
0.160.41-0.31-0.350.33-0.50.48-0.33-0.130.280.04-0.540.07-0.27-0.54-0.330.420.46-0.340.420.340.57-0.540.290.07
0.39-0.110.340.170.140.31-0.180.580.650.330.750.110.180.58-0.160.36-0.45-0.510.45-0.160.670.630.10.290.58
0.810.350.73-0.430.360.010.240.420.740.470.820.550.40.68-0.330.66-0.54-0.610.730.30.60.440.570.070.58
Click cells to compare fundamentals

Star Equity Account Relationship Matchups

Star Equity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets90.6M88.3M68.1M73.3M75.5M68.1M
Total Stockholder Equity40.7M39.9M35.7M41.8M65.3M34.9M
Non Current Assets Total61.0M39.4M36.2M34.0M40.7M26.5M
Non Currrent Assets Other(6.9M)1.4M1.7M1.8M(4.8M)(4.6M)
Common Stock Shares Outstanding2.0M3.7M5.1M14.8M3.2M2.6M
Liabilities And Stockholders Equity90.6M88.3M68.1M73.3M75.5M68.1M
Non Current Liabilities Total21.7M18.3M4.5M4.0M1.5M1.4M
Other Stockholder Equity139.6M143.4M144.7M156.0M154.4M141.5M
Total Liab49.9M48.4M32.3M31.5M10.2M9.7M
Short Long Term Debt Total26.0M26.2M17.4M17.0M3.6M3.4M
Other Current Liab11.6M12.9M5.5M19.8M2.5M2.4M
Total Current Liabilities28.2M30.0M27.8M27.5M8.7M17.1M
Property Plant And Equipment Net27.0M11.5M13.4M12.8M9.3M14.0M
Current Deferred Revenue1.8M2.2M2.8M3.4M1.4M2.5M
Net Debt24.2M23.0M12.9M12.4M(14.7M)(14.0M)
Retained Earnings(118.5M)(125.0M)(128.0M)(133.2M)(108.1M)(113.5M)
Accounts Payable8.9M5.0M4.3M1.4M1.6M1.5M
Cash1.8M3.2M4.5M4.7M18.3M19.2M
Cash And Short Term Investments1.8M3.3M4.5M8.2M23.8M16.7M
Net Receivables18.6M13.0M15.8M8.0M6.4M10.7M
Inventory7.1M9.8M8.5M10.6M3.4M6.5M
Other Current Assets1.8M22.9M2.7M18.7M1.2M1.1M
Property Plant And Equipment Gross27.0M11.5M13.4M12.8M11.5M14.1M
Total Current Assets29.5M48.9M31.9M39.3M34.8M31.7M
Short Term Debt5.9M22.5M14.7M3.8M2.9M5.3M
Intangible Assets22.9M16.9M15.1M13.4M12.5M13.1M
Short Term Investments26K35K47K3.5M4.8M8.5M
Good Will1.7M10.0M9.5M6.0M4.4M3.6M
Other Liab2.5M173K1.2M475K427.5K406.1K
Net Tangible Assets(7.9M)(8.0M)(4.4M)3.4M3.0M2.9M
Other Assets19.4M1.3M1.7M1.5M1.4M1.3M
Property Plant Equipment12.5M11.5M13.4M12.8M11.5M15.1M
Capital Lease Obligations5.9M1.8M4.6M5.4M1.6M1.5M
Net Invested Capital42.2M42.8M29.6M34.4M48.3M32.0M
Non Current Liabilities Other1.6M1.1M1.1M299K269.1K255.6K

Additional Tools for Star Stock Analysis

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