Sartorius Total Current Liabilities vs Cash Analysis

0RG8 Stock   197.30  0.10  0.05%   
Sartorius Stedim financial indicator trend analysis is much more than just breaking down Sartorius Stedim Biotech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sartorius Stedim Biotech is a good investment. Please check the relationship between Sartorius Stedim Total Current Liabilities and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sartorius Stedim Biotech. 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 Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sartorius Stedim Biotech Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sartorius Stedim's Total Current Liabilities and Cash is 0.89. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Sartorius Stedim Biotech, assuming nothing else is changed. The correlation between historical values of Sartorius Stedim's Total Current Liabilities 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 Total Current Liabilities of Sartorius Stedim Biotech 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 Total Current Liabilities i.e., Sartorius Stedim's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Sartorius Stedim balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sartorius Stedim Biotech are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Sartorius Stedim Biotech, which is listed under current asset account on Sartorius Stedim Biotech balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sartorius Stedim customers. The amounts must be unrestricted with restricted cash listed in a different Sartorius Stedim 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 Sartorius Stedim's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sartorius Stedim Biotech 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 Sartorius Stedim Biotech. 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.
Tax Provision is likely to drop to about 86.2 M in 2025. Selling General Administrative is likely to drop to about 329.4 M in 2025
 2019 2020 2024 2025 (projected)
Interest Income2.2M6.1M7.0M4.9M
Tax Provision81.4M122.1M140.4M86.2M

Sartorius Stedim fundamental ratios Correlations

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0.990.90.930.880.850.850.90.960.930.960.380.840.880.920.910.840.90.580.940.90.89-0.330.920.89
0.90.840.950.880.880.880.840.920.980.910.140.890.880.760.840.880.840.610.980.960.840.00.950.99
0.920.860.890.850.880.710.860.970.860.96-0.150.760.790.620.840.760.850.460.890.890.87-0.360.920.87
0.820.920.890.850.880.710.920.810.910.80.380.990.970.830.930.980.930.740.880.90.84-0.190.910.91
0.911.00.890.90.840.860.920.920.870.910.210.940.970.771.00.941.00.650.880.90.91-0.490.930.87
0.990.920.950.960.920.970.810.920.931.00.110.830.870.790.910.840.910.560.950.930.92-0.360.960.92
0.930.880.990.930.980.860.910.870.930.920.260.910.90.840.880.910.870.630.980.980.91-0.110.980.98
0.990.910.940.960.910.960.80.911.00.920.120.810.850.80.90.820.90.510.940.930.91-0.360.950.91
0.230.220.190.380.14-0.150.380.210.110.260.120.280.30.640.260.280.230.380.220.140.140.00.130.16
0.830.940.90.840.890.760.990.940.830.910.810.280.980.770.951.00.950.740.90.920.87-0.230.930.93
0.870.970.880.880.880.790.970.970.870.90.850.30.980.790.980.980.980.730.90.90.85-0.310.920.91
0.860.780.820.920.760.620.830.770.790.840.80.640.770.790.80.770.780.530.820.780.77-0.220.790.78
0.911.00.880.910.840.840.931.00.910.880.90.260.950.980.80.951.00.670.880.890.91-0.480.930.88
0.830.950.910.840.880.760.980.940.840.910.820.281.00.980.770.950.950.730.90.930.89-0.260.940.92
0.911.00.880.90.840.850.931.00.910.870.90.230.950.980.781.00.950.670.880.890.91-0.480.930.88
0.530.650.580.580.610.460.740.650.560.630.510.380.740.730.530.670.730.670.610.60.53-0.170.620.65
0.950.880.970.940.980.890.880.880.950.980.940.220.90.90.820.880.90.880.610.970.9-0.110.970.98
0.920.90.990.90.960.890.90.90.930.980.930.140.920.90.780.890.930.890.60.970.95-0.170.990.98
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-0.35-0.49-0.19-0.330.0-0.36-0.19-0.49-0.36-0.11-0.360.0-0.23-0.31-0.22-0.48-0.26-0.48-0.17-0.11-0.17-0.42-0.27-0.05
0.940.930.990.920.950.920.910.930.960.980.950.130.930.920.790.930.940.930.620.970.990.96-0.270.97
0.910.880.970.890.990.870.910.870.920.980.910.160.930.910.780.880.920.880.650.980.980.87-0.050.97
Click cells to compare fundamentals

Sartorius Stedim Account Relationship Matchups

Sartorius Stedim fundamental ratios Accounts

202020212022202320242025 (projected)
Total Current Liabilities428.4M567.8M1.0B1.0B1.2B642.1M
Retained Earnings899.4M1.2B1.4B2.2B2.5B1.3B
Other Assets181.6M265.2M456.5M712.8M819.7M860.7M
Net Receivables242.6M264.0M371.7M419.7M482.7M303.2M
Inventory329.0M471.0M783M1.0B1.2B1.2B
Other Current Assets28.1M69.3M64.6M94.8M109.0M114.5M
Other Stockholder Equity240.9M210.4M240.2M251.9M289.7M190.2M
Total Current Assets636.2M873.9M1.5B1.7B1.9B2.0B
Property Plant Equipment470.1M518.6M640.2M808M929.2M516.2M
Other Current Liab216.1M309.2M648.1M686.3M789.2M441.6M
Other Liab144.0M264.8M595.6M403.6M464.1M328.8M
Net Tangible Assets615.7M239.1M271.9M600.8M540.7M362.9M
Accounts Payable117.1M174.7M251.4M251.5M289.2M197.6M
Deferred Long Term Liab83.8M98.1M120.9M164.2M188.8M117.3M

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