Selectquote Stock Working Capital

SLQT Stock  USD 2.90  0.08  2.84%   
Selectquote fundamentals help investors to digest information that contributes to Selectquote's financial success or failures. It also enables traders to predict the movement of Selectquote Stock. The fundamental analysis module provides a way to measure Selectquote's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Selectquote stock.
Last ReportedProjected for Next Year
Net Working Capital158.3 M252.2 M
Change In Working Capital-19.5 M-20.5 M
Net Working Capital is likely to gain to about 252.2 M in 2024, whereas Change In Working Capital is likely to drop (20.5 M) in 2024.
  
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Selectquote Company Working Capital Analysis

Selectquote's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Selectquote Working Capital

    
  158.34 M  
Most of Selectquote's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Selectquote is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Selectquote Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Selectquote is extremely important. It helps to project a fair market value of Selectquote Stock properly, considering its historical fundamentals such as Working Capital. Since Selectquote's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Selectquote's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Selectquote's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Selectquote Capital Surpluse

Capital Surpluse

377.18 Million

At this time, Selectquote's Capital Surpluse is comparatively stable compared to the past year.
Based on the company's disclosures, Selectquote has a Working Capital of 158.34 M. This is 96.52% lower than that of the Insurance sector and 76.68% lower than that of the Financials industry. The working capital for all United States stocks is 89.29% higher than that of the company.

Selectquote Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Selectquote's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Selectquote could also be used in its relative valuation, which is a method of valuing Selectquote by comparing valuation metrics of similar companies.
Selectquote is currently under evaluation in working capital category among its peers.

Selectquote ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Selectquote's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Selectquote's managers, analysts, and investors.
Environmental
Governance
Social

Selectquote Fundamentals

About Selectquote Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Selectquote's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Selectquote using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Selectquote based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Selectquote Stock Analysis

When running Selectquote's price analysis, check to measure Selectquote'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 Selectquote is operating at the current time. Most of Selectquote's value examination focuses on studying past and present price action to predict the probability of Selectquote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Selectquote's price. Additionally, you may evaluate how the addition of Selectquote to your portfolios can decrease your overall portfolio volatility.