State Net Income vs Free Cash Flow Analysis

STT Stock

USD 97.50 1.16 1.20%

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

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Street Corp Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between State Street's Net Income and Free Cash Flow is 0.27. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of State Street Corp, assuming nothing else is changed. The correlation between historical values of State Street's Net Income and Free Cash Flow 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 Income of State Street Corp are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., State Street's Net Income and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in State Street Corp financial statement analysis. It represents the amount of money remaining after all of State Street Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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

Sales General And Administrative To Revenue is likely to gain to 0.45 in 2024, whereas Selling General Administrative is likely to drop slightly above 3 B in 2024.

	2021	2022	2023	2024 (projected)
Operating Income	3.2B	4.8B	2.7B	2.5B
Other Operating Expenses	8.9B	8.8B	9.6B	10.1B

Operating Income Other Operating Expenses

State Street fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		0.15	0.09	0.68	0.68	0.17	0.0	0.06	-0.27	-0.04	0.41	0.04	-0.27	0.4	-0.29	-0.28	0.84	0.14	0.21	0.47	-0.34	0.39	0.39	0.74	0.05	-0.21
Total Assets	0.15		0.63	0.07	0.07	0.97	0.58	-0.87	0.65	0.84	0.43	0.01	0.05	0.63	0.49	0.11	0.0	1.0	0.66	0.25	0.31	0.88	0.87	-0.07	0.16	0.9
Short Long Term Debt Total	0.09	0.63		-0.19	-0.18	0.56	0.95	-0.71	0.87	0.82	-0.1	-0.17	0.69	0.15	0.9	0.67	-0.39	0.64	0.34	0.52	0.72	0.78	0.78	-0.22	-0.08	0.7
Other Current Liab	0.68	0.07	-0.19		1.0	0.11	-0.21	0.2	-0.44	-0.22	0.77	0.67	-0.39	0.44	-0.51	-0.54	0.73	0.06	-0.23	0.21	-0.65	0.24	0.24	0.64	-0.21	-0.2
Total Current Liabilities	0.68	0.07	-0.18	1.0		0.12	-0.21	0.2	-0.43	-0.22	0.77	0.67	-0.38	0.44	-0.5	-0.53	0.73	0.06	-0.23	0.22	-0.64	0.25	0.24	0.64	-0.22	-0.2
Total Stockholder Equity	0.17	0.97	0.56	0.11	0.12		0.55	-0.79	0.62	0.75	0.52	0.09	-0.04	0.62	0.44	0.0	0.04	0.96	0.65	0.16	0.22	0.88	0.87	-0.11	0.17	0.86
Property Plant And Equipment Net	0.0	0.58	0.95	-0.21	-0.21	0.55		-0.64	0.91	0.75	-0.08	-0.08	0.72	0.09	0.93	0.66	-0.49	0.58	0.26	0.35	0.76	0.76	0.77	-0.32	-0.04	0.71
Net Debt	0.06	-0.87	-0.71	0.2	0.2	-0.79	-0.64		-0.78	-0.99	-0.24	0.07	-0.19	-0.55	-0.66	-0.27	0.27	-0.87	-0.72	-0.13	-0.51	-0.68	-0.68	0.27	-0.22	-0.84
Retained Earnings	-0.27	0.65	0.87	-0.44	-0.43	0.62	0.91	-0.78		0.85	-0.12	-0.18	0.64	0.13	0.96	0.66	-0.65	0.65	0.4	0.09	0.82	0.65	0.65	-0.55	0.04	0.83
Cash	-0.04	0.84	0.82	-0.22	-0.22	0.75	0.75	-0.99	0.85		0.16	-0.11	0.33	0.48	0.76	0.39	-0.33	0.84	0.67	0.21	0.6	0.72	0.72	-0.28	0.17	0.84
Non Current Assets Total	0.41	0.43	-0.1	0.77	0.77	0.52	-0.08	-0.24	-0.12	0.16		0.76	-0.59	0.74	-0.32	-0.68	0.52	0.42	0.21	-0.11	-0.56	0.4	0.4	0.3	0.0	0.2
Non Currrent Assets Other	0.04	0.01	-0.17	0.67	0.67	0.09	-0.08	0.07	-0.18	-0.11	0.76		-0.31	0.31	-0.27	-0.54	0.14	0.0	-0.31	-0.17	-0.51	0.09	0.09	0.08	-0.19	-0.03
Other Assets	-0.27	0.05	0.69	-0.39	-0.38	-0.04	0.72	-0.19	0.64	0.33	-0.59	-0.31		-0.44	0.79	0.94	-0.67	0.06	-0.28	0.35	0.81	0.24	0.25	-0.32	-0.27	0.31
Cash And Short Term Investments	0.4	0.63	0.15	0.44	0.44	0.62	0.09	-0.55	0.13	0.48	0.74	0.31	-0.44		-0.06	-0.44	0.39	0.63	0.62	0.0	-0.23	0.5	0.5	0.28	0.03	0.4
Net Receivables	-0.29	0.49	0.9	-0.51	-0.5	0.44	0.93	-0.66	0.96	0.76	-0.32	-0.27	0.79	-0.06		0.78	-0.71	0.5	0.27	0.22	0.9	0.56	0.56	-0.53	0.02	0.7
Non Current Liabilities Total	-0.28	0.11	0.67	-0.54	-0.53	0.0	0.66	-0.27	0.66	0.39	-0.68	-0.54	0.94	-0.44	0.78		-0.65	0.12	-0.14	0.28	0.87	0.21	0.21	-0.38	-0.17	0.36
Other Stockholder Equity	0.84	0.0	-0.39	0.73	0.73	0.04	-0.49	0.27	-0.65	-0.33	0.52	0.14	-0.67	0.39	-0.71	-0.65		-0.01	0.14	0.23	-0.68	0.07	0.06	0.79	0.17	-0.4
Total Liab	0.14	1.0	0.64	0.06	0.06	0.96	0.58	-0.87	0.65	0.84	0.42	0.0	0.06	0.63	0.5	0.12	-0.01		0.66	0.26	0.32	0.87	0.87	-0.06	0.16	0.9
Total Current Assets	0.21	0.66	0.34	-0.23	-0.23	0.65	0.26	-0.72	0.4	0.67	0.21	-0.31	-0.28	0.62	0.27	-0.14	0.14	0.66		0.03	0.2	0.46	0.46	-0.02	0.49	0.48
Short Term Debt	0.47	0.25	0.52	0.21	0.22	0.16	0.35	-0.13	0.09	0.21	-0.11	-0.17	0.35	0.0	0.22	0.28	0.23	0.26	0.03		0.12	0.45	0.45	0.41	-0.19	0.06
Property Plant And Equipment Gross	-0.34	0.31	0.72	-0.65	-0.64	0.22	0.76	-0.51	0.82	0.6	-0.56	-0.51	0.81	-0.23	0.9	0.87	-0.68	0.32	0.2	0.12		0.33	0.34	-0.48	0.22	0.53
Common Stock Total Equity	0.39	0.88	0.78	0.24	0.25	0.88	0.76	-0.68	0.65	0.72	0.4	0.09	0.24	0.5	0.56	0.21	0.07	0.87	0.46	0.45	0.33		1.0	0.05	0.03	0.77
Common Stock	0.39	0.87	0.78	0.24	0.24	0.87	0.77	-0.68	0.65	0.72	0.4	0.09	0.25	0.5	0.56	0.21	0.06	0.87	0.46	0.45	0.34	1.0		0.05	0.03	0.77
Other Liab	0.74	-0.07	-0.22	0.64	0.64	-0.11	-0.32	0.27	-0.55	-0.28	0.3	0.08	-0.32	0.28	-0.53	-0.38	0.79	-0.06	-0.02	0.41	-0.48	0.05	0.05		-0.02	-0.4
Accounts Payable	0.05	0.16	-0.08	-0.21	-0.22	0.17	-0.04	-0.22	0.04	0.17	0.0	-0.19	-0.27	0.03	0.02	-0.17	0.17	0.16	0.49	-0.19	0.22	0.03	0.03	-0.02		0.0
Long Term Debt	-0.21	0.9	0.7	-0.2	-0.2	0.86	0.71	-0.84	0.83	0.84	0.2	-0.03	0.31	0.4	0.7	0.36	-0.4	0.9	0.48	0.06	0.53	0.77	0.77	-0.4	0.0

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State Street Account Relationship Matchups

State Street fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	373.7M	357.1M	358.0M	370.1M	326.6M	396.2M
Total Assets	245.6B	314.7B	314.6B	301.5B	297.3B	155.4B
Short Long Term Debt Total	13.3B	17.8B	13.6B	17.1B	21.5B	22.6B
Other Current Liab	(839M)	3.3B	(128M)	(1.2B)	(3.2B)	(3.0B)
Total Current Liabilities	839M	4.0B	128M	5.4B	2.7B	2.5B
Total Stockholder Equity	24.6B	26.2B	27.4B	25.2B	23.8B	12.8B
Property Plant And Equipment Net	2.3B	2.2B	2.3B	2.3B	3.2B	3.4B
Net Debt	(58.9B)	(102.6B)	(96.4B)	(88.5B)	(70.3B)	(66.8B)
Retained Earnings	22.1B	23.4B	25.2B	27.0B	28.0B	29.4B
Cash	72.3B	120.4B	110.0B	105.6B	91.8B	96.4B
Non Current Assets Total	108.4B	123.8B	128.3B	51.9B	12.1B	11.5B
Non Currrent Assets Other	(216M)	(233M)	(254M)	(66.5B)	(12.1B)	(12.7B)
Other Assets	7.9B	8.4B	(327M)	144.5B	230.2B	241.7B
Cash And Short Term Investments	126.1B	179.5B	183.4B	101.6B	48.6B	68.4B
Net Receivables	3.2B	4.0B	4.0B	4.5B	5.7B	6.0B
Liabilities And Stockholders Equity	245.6B	314.7B	314.6B	301.5B	297.3B	155.4B
Non Current Liabilities Total	12.5B	13.8B	13.5B	270.8B	266.0B	279.2B
Other Stockholder Equity	(77M)	(404M)	778M	(606M)	(4.3B)	(4.1B)
Total Liab	221.0B	288.5B	287.3B	276.3B	273.5B	142.6B
Total Current Assets	129.3B	182.6B	186.7B	105.0B	54.9B	78.0B
Short Term Debt	839M	4.0B	128M	2.1B	5.8B	3.6B
Property Plant And Equipment Gross	3.1B	2.9B	7.7B	8.1B	9.3B	9.7B
Accumulated Other Comprehensive Income	(876M)	187M	(1.1B)	(3.7B)	(2.4B)	(2.2B)
Other Liab	98M	22M	19M	172M	154.8M	147.1M
Accounts Payable	24.9B	27.5B	255.0B	22.5B	25.9B	24.6B
Long Term Debt	12.4B	13.8B	13.5B	15.0B	15.5B	8.6B
Short Term Investments	53.8B	59.0B	73.4B	40.6B	44.5B	65.1B
Inventory	(97.9B)	(147.0B)	(140.7B)	(132.9B)	(130.6B)	(124.1B)
Treasury Stock	(10.2B)	(10.6B)	(10.0B)	(11.3B)	(10.2B)	(9.7B)
Property Plant Equipment	2.3B	2.2B	2.3B	2.3B	2.7B	1.9B
Good Will	7.6B	7.7B	7.6B	7.5B	7.6B	5.6B
Other Current Assets	97.9B	147.9B	141.9B	558M	598M	568.1M
Intangible Assets	2.0B	1.8B	1.8B	1.5B	1.3B	2.0B
Preferred Stock Total Equity	3.7B	3.0B	2.5B	2.0B	2.3B	2.0B
Retained Earnings Total Equity	21.9B	23.4B	25.2B	27.0B	31.1B	17.2B
Net Tangible Assets	11.9B	14.2B	16.0B	14.2B	16.3B	13.3B
Long Term Debt Total	12.5B	13.8B	13.5B	15.0B	17.2B	12.5B

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