State Good Will vs Cash Analysis

0L9G Stock   96.79  2.89  2.90%   
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 Good Will and its Cash accounts. Check out Trending Equities 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 board of governors.

Good Will vs Cash

Good Will vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Street Corp Good Will account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between State Street's Good Will and Cash is 0.88. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash 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 Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of State Street Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., State Street's Good Will and Cash go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash

Cash refers to the most liquid asset of State Street Corp, which is listed under current asset account on State Street Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from State Street customers. The amounts must be unrestricted with restricted cash listed in a different State Street account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Trending Equities 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 board of governors.
Selling General Administrative is likely to drop to about 1.6 B in 2025. Tax Provision is likely to drop to about 407.8 M in 2025
 2022 2023 2024 2025 (projected)
Gross Profit12.1B17.6B20.2B12.7B
Total Revenue12.8B11.9B13.7B12.2B

State Street fundamental ratios Correlations

0.540.860.820.690.870.680.670.29-0.40.680.8-0.810.75-0.41.00.76-0.76-0.40.75-0.50.91-0.1-0.320.930.94
0.540.70.620.860.720.330.23-0.25-0.060.330.6-0.750.46-0.240.520.9-0.6-0.130.91-0.50.68-0.25-0.390.510.51
0.860.70.870.680.890.740.38-0.06-0.30.740.93-0.840.57-0.340.840.89-0.61-0.420.81-0.680.95-0.35-0.580.880.86
0.820.620.870.720.950.770.570.12-0.510.770.93-0.880.64-0.420.810.86-0.75-0.340.83-0.830.86-0.22-0.270.810.8
0.690.860.680.720.80.310.640.21-0.170.310.61-0.860.8-0.540.680.84-0.8-0.190.91-0.580.69-0.09-0.280.530.54
0.870.720.890.950.80.730.610.13-0.470.730.9-0.930.7-0.490.860.92-0.83-0.320.88-0.760.9-0.23-0.210.840.84
0.680.330.740.770.310.730.28-0.07-0.431.00.88-0.550.330.010.660.66-0.34-0.260.53-0.640.79-0.15-0.180.740.74
0.670.230.380.570.640.610.280.84-0.450.280.42-0.660.92-0.60.680.38-0.74-0.280.42-0.40.420.00.060.470.48
0.29-0.25-0.060.120.210.13-0.070.84-0.38-0.07-0.02-0.260.68-0.490.31-0.15-0.41-0.29-0.08-0.09-0.020.060.190.090.1
-0.4-0.06-0.3-0.51-0.17-0.47-0.43-0.45-0.38-0.43-0.460.56-0.220.31-0.4-0.260.540.71-0.290.62-0.380.01-0.18-0.47-0.48
0.680.330.740.770.310.731.00.28-0.07-0.430.88-0.550.330.010.660.66-0.34-0.260.53-0.640.79-0.15-0.180.740.74
0.80.60.930.930.610.90.880.42-0.02-0.460.88-0.820.52-0.290.790.86-0.56-0.40.78-0.80.91-0.22-0.380.820.81
-0.81-0.75-0.84-0.88-0.86-0.93-0.55-0.66-0.260.56-0.55-0.82-0.750.59-0.8-0.870.870.53-0.880.81-0.840.250.31-0.76-0.75
0.750.460.570.640.80.70.330.920.68-0.220.330.52-0.75-0.60.760.57-0.74-0.230.59-0.450.58-0.13-0.20.540.54
-0.4-0.24-0.34-0.42-0.54-0.490.01-0.6-0.490.310.01-0.290.59-0.6-0.4-0.320.670.26-0.390.37-0.350.060.06-0.33-0.33
1.00.520.840.810.680.860.660.680.31-0.40.660.79-0.80.76-0.40.74-0.76-0.40.73-0.490.9-0.08-0.30.920.94
0.760.90.890.860.840.920.660.38-0.15-0.260.660.86-0.870.57-0.320.74-0.7-0.20.95-0.70.89-0.23-0.380.740.74
-0.76-0.6-0.61-0.75-0.8-0.83-0.34-0.74-0.410.54-0.34-0.560.87-0.740.67-0.76-0.70.42-0.760.6-0.680.140.0-0.69-0.7
-0.4-0.13-0.42-0.34-0.19-0.32-0.26-0.28-0.290.71-0.26-0.40.53-0.230.26-0.4-0.20.42-0.280.51-0.390.210.22-0.48-0.46
0.750.910.810.830.910.880.530.42-0.08-0.290.530.78-0.880.59-0.390.730.95-0.76-0.28-0.680.84-0.04-0.310.690.7
-0.5-0.5-0.68-0.83-0.58-0.76-0.64-0.4-0.090.62-0.64-0.80.81-0.450.37-0.49-0.70.60.51-0.68-0.640.240.15-0.5-0.48
0.910.680.950.860.690.90.790.42-0.02-0.380.790.91-0.840.58-0.350.90.89-0.68-0.390.84-0.64-0.16-0.440.920.93
-0.1-0.25-0.35-0.22-0.09-0.23-0.150.00.060.01-0.15-0.220.25-0.130.06-0.08-0.230.140.21-0.040.24-0.160.42-0.27-0.16
-0.32-0.39-0.58-0.27-0.28-0.21-0.180.060.19-0.18-0.18-0.380.31-0.20.06-0.3-0.380.00.22-0.310.15-0.440.42-0.39-0.32
0.930.510.880.810.530.840.740.470.09-0.470.740.82-0.760.54-0.330.920.74-0.69-0.480.69-0.50.92-0.27-0.390.99
0.940.510.860.80.540.840.740.480.1-0.480.740.81-0.750.54-0.330.940.74-0.7-0.460.7-0.480.93-0.16-0.320.99
Click cells to compare fundamentals

State Street Account Relationship Matchups

State Street fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets314.7B314.6B301.5B297.3B341.8B291.9B
Total Current Liabilities58.6B58.4B52.3B39.3B45.2B39.9B
Total Stockholder Equity26.2B27.4B25.2B23.8B27.4B25.5B
Property Plant And Equipment Net2.9B2.8B2.8B3.2B3.7B2.6B
Net Debt18.6B12.2B14.9B13.7B15.7B12.0B
Retained Earnings23.4B25.2B27.0B28.0B32.2B21.9B
Cash3.5B3.6B4.0B4.0B4.7B3.1B
Non Current Assets Total167.7B173.9B168.5B293.2B337.2B198.1B
Non Currrent Assets Other29.2B47.8B43.0B184.1B165.7B174.0B
Other Assets298.9B298.8B285.6B(124.6B)(112.1B)(106.5B)
Cash And Short Term Investments3.5B3.6B4.0B4.0B4.7B3.1B
Good Will7.7B7.6B7.5B7.6B8.8B7.4B
Common Stock Shares Outstanding357.1M358.0M370.1M326.6M293.9M314.7M
Non Current Liabilities Total229.9B228.9B224B234.1B269.3B209.0B
Other Stockholder Equity(404M)778M(606M)(4.3B)(3.9B)(3.7B)
Total Liab288.5B287.3B276.3B273.5B314.5B266.3B
Total Current Assets147.0B140.7B132.9B128.7B147.9B86.0B
Intangible Assets1.8B1.8B1.5B1.3B1.2B1.5B
Short Long Term Debt Total22.1B15.9B18.9B17.7B20.4B16.5B
Liabilities And Stockholders Equity314.7B314.6B301.5B297.3B341.8B296.2B
Accumulated Other Comprehensive Income187M(1.1B)(3.7B)(2.4B)(2.1B)(2.0B)
Other Current Liab49.4B56.5B46.8B39.3B35.4B37.7B
Other Current Assets147.0B140.7B132.9B128.7B147.9B127.8B
Short Term Debt9.1B1.9B5.5B6.8B6.1B4.4B
Other Liab98M73M45M172M154.8M88.1M
Net Tangible Assets11.9B14.2B16.0B14.2B16.3B14.5B
Accounts Payable181.9B239.8B255.0B235.5B270.8B234.2B
Long Term Debt11.1B10.7B12.2B13.5B15.5B12.9B
Net Receivables3.5B3.4B3.3B3.3B3.8B2.6B
Capital Surpluse10.1B10.1B10.2B10.8B12.4B11.2B
Treasury Stock(8.7B)(10.2B)(10.6B)(10.0B)(9.0B)(9.5B)
Property Plant Equipment3.1B2.9B2.8B2.8B3.2B2.9B
Earning Assets191.1B190.9B256.8B226.0B259.9B232.7B

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