State Total Current Assets vs Other Liab Analysis

0L9G Stock   98.97  0.13  0.13%   
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 Total Current Assets and its Other Liab 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.

Total Current Assets vs Other Liab

Total Current Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Street Corp Total Current Assets account and Other Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between State Street's Total Current Assets and Other Liab is -0.51. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Liab 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 Total Current Assets and Other 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 Total Current Assets of State Street Corp are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Current Assets i.e., State Street's Total Current Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Other Liab

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 2024. Tax Provision is likely to drop to about 407.8 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit12.1B12.1B17.6B12.7B
Total Revenue11.2B12.8B11.9B12.2B

State Street fundamental ratios Correlations

0.550.820.750.680.820.570.570.23-0.180.570.73-0.760.73-0.361.00.73-0.69-0.360.71-0.370.89-0.14-0.530.870.88
0.550.720.660.860.770.310.2-0.280.010.310.63-0.770.44-0.220.530.92-0.61-0.120.92-0.490.69-0.25-0.440.480.48
0.820.720.830.660.860.670.23-0.14-0.10.670.92-0.810.52-0.290.80.88-0.52-0.310.79-0.610.94-0.41-0.760.770.74
0.750.660.830.730.930.690.430.02-0.310.690.89-0.850.6-0.380.740.86-0.68-0.360.81-0.80.83-0.29-0.50.780.75
0.680.860.660.730.820.230.610.18-0.060.230.59-0.870.79-0.520.670.84-0.8-0.180.91-0.550.66-0.1-0.360.480.49
0.820.770.860.930.820.650.490.05-0.270.650.87-0.910.67-0.470.810.93-0.78-0.340.87-0.70.89-0.29-0.410.810.8
0.570.310.670.690.230.650.08-0.18-0.241.00.84-0.440.230.120.550.61-0.16-0.260.44-0.560.74-0.19-0.350.690.68
0.570.20.230.430.610.490.080.85-0.280.080.23-0.580.92-0.590.590.27-0.67-0.30.32-0.260.29-0.02-0.060.390.39
0.23-0.28-0.140.020.180.05-0.180.85-0.36-0.18-0.14-0.220.66-0.480.26-0.22-0.37-0.38-0.15-0.04-0.090.040.120.080.08
-0.180.01-0.1-0.31-0.06-0.27-0.24-0.28-0.36-0.24-0.250.44-0.090.26-0.18-0.110.410.91-0.140.52-0.210.03-0.03-0.44-0.43
0.570.310.670.690.230.651.00.08-0.18-0.240.84-0.440.230.120.550.61-0.16-0.260.44-0.560.74-0.19-0.350.690.68
0.730.630.920.890.590.870.840.23-0.14-0.250.84-0.770.46-0.220.70.85-0.42-0.360.75-0.760.89-0.28-0.610.740.72
-0.76-0.77-0.81-0.85-0.87-0.91-0.44-0.58-0.220.44-0.44-0.77-0.720.58-0.74-0.860.840.56-0.860.77-0.810.30.49-0.71-0.69
0.730.440.520.60.790.670.230.920.66-0.090.230.46-0.72-0.580.740.52-0.72-0.220.55-0.370.53-0.14-0.30.480.48
-0.36-0.22-0.29-0.38-0.52-0.470.12-0.59-0.480.260.12-0.220.58-0.58-0.36-0.270.670.31-0.350.33-0.30.070.13-0.31-0.31
1.00.530.80.740.670.810.550.590.26-0.180.550.7-0.740.74-0.360.71-0.69-0.360.69-0.350.88-0.12-0.50.870.88
0.730.920.880.860.840.930.610.27-0.22-0.110.610.85-0.860.52-0.270.71-0.65-0.20.95-0.660.88-0.26-0.510.70.7
-0.69-0.61-0.52-0.68-0.8-0.78-0.16-0.67-0.370.41-0.16-0.420.84-0.720.67-0.69-0.650.48-0.720.51-0.60.180.13-0.65-0.66
-0.36-0.12-0.31-0.36-0.18-0.34-0.26-0.3-0.380.91-0.26-0.360.56-0.220.31-0.36-0.20.48-0.260.54-0.380.150.21-0.51-0.5
0.710.920.790.810.910.870.440.32-0.15-0.140.440.75-0.860.55-0.350.690.95-0.72-0.26-0.630.82-0.05-0.430.620.64
-0.37-0.49-0.61-0.8-0.55-0.7-0.56-0.26-0.040.52-0.56-0.760.77-0.370.33-0.35-0.660.510.54-0.63-0.570.280.29-0.43-0.39
0.890.690.940.830.660.890.740.29-0.09-0.210.740.89-0.810.53-0.30.880.88-0.6-0.380.82-0.57-0.2-0.610.880.88
-0.14-0.25-0.41-0.29-0.1-0.29-0.19-0.020.040.03-0.19-0.280.3-0.140.07-0.12-0.260.180.15-0.050.28-0.20.42-0.25-0.14
-0.53-0.44-0.76-0.5-0.36-0.41-0.35-0.060.12-0.03-0.35-0.610.49-0.30.13-0.5-0.510.130.21-0.430.29-0.610.42-0.48-0.42
0.870.480.770.780.480.810.690.390.08-0.440.690.74-0.710.48-0.310.870.7-0.65-0.510.62-0.430.88-0.25-0.480.99
0.880.480.740.750.490.80.680.390.08-0.430.680.72-0.690.48-0.310.880.7-0.66-0.50.64-0.390.88-0.14-0.420.99
Click cells to compare fundamentals

State Street Account Relationship Matchups

State Street fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets245.6B314.7B314.6B301.5B297.3B291.9B
Total Current Liabilities37.9B58.6B58.4B52.3B39.3B39.9B
Total Stockholder Equity24.4B26.2B27.4B25.2B23.8B25.5B
Property Plant And Equipment Net3.1B2.9B2.8B2.8B3.2B2.6B
Net Debt12.2B18.6B12.2B14.9B13.7B12.0B
Retained Earnings21.9B23.4B25.2B27.0B28.0B21.9B
Cash3.3B3.5B3.6B4.0B4.0B3.1B
Non Current Assets Total147.7B167.7B173.9B168.5B293.2B198.1B
Non Currrent Assets Other58.2B29.2B47.8B43.0B184.1B193.3B
Other Assets229.6B298.9B298.8B285.6B(124.6B)(118.4B)
Cash And Short Term Investments3.3B3.5B3.6B4.0B4.0B3.1B
Good Will7.6B7.7B7.6B7.5B7.6B7.4B
Common Stock Shares Outstanding373.7M357.1M358.0M370.1M326.6M314.7M
Non Current Liabilities Total183.3B229.9B228.9B224B234.1B209.0B
Other Stockholder Equity(77M)(404M)778M(606M)(4.3B)(4.1B)
Total Liab221.2B288.5B287.3B276.3B273.5B266.3B
Total Current Assets97.9B147.0B140.7B132.9B128.7B86.0B
Intangible Assets2.0B1.8B1.8B1.5B1.3B1.5B
Short Long Term Debt Total15.5B22.1B15.9B18.9B17.7B16.5B
Liabilities And Stockholders Equity245.6B314.7B314.6B301.5B297.3B296.2B
Accumulated Other Comprehensive Income(876M)187M(1.1B)(3.7B)(2.4B)(2.2B)
Other Current Liab34.0B49.4B56.5B46.8B39.3B37.7B
Other Current Assets97.9B147.0B140.7B132.9B128.7B127.8B
Short Term Debt3.9B9.1B1.9B5.5B6.8B4.4B
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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