SAIC Total Current Liabilities vs Non Current Liabilities Total Analysis

600104 Stock   17.89  0.70  3.77%   
SAIC financial indicator trend analysis is much more than just breaking down SAIC Motor Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAIC Motor Corp is a good investment. Please check the relationship between SAIC Total Current Liabilities and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SAIC Motor 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 Liabilities vs Non Current Liabilities Total

Total Current Liabilities vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SAIC Motor Corp Total Current Liabilities account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SAIC's Total Current Liabilities and Non Current Liabilities Total is 0.87. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of SAIC Motor Corp, assuming nothing else is changed. The correlation between historical values of SAIC's Total Current Liabilities and Non Current Liabilities Total 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 SAIC Motor Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Liabilities i.e., SAIC's Total Current Liabilities and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on SAIC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SAIC Motor Corp 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.

Non Current Liabilities Total

Most indicators from SAIC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAIC Motor 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 SAIC Motor 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.
As of January 9, 2025, Selling General Administrative is expected to decline to about 36.3 B. In addition to that, Tax Provision is expected to decline to about 5.1 B
 2022 2023 2024 2025 (projected)
Operating Income12.2B16.5B19.0B13.0B
Total Revenue744.1B744.7B856.4B449.6B

SAIC fundamental ratios Correlations

-0.091.00.990.950.970.980.970.980.940.170.870.950.791.00.980.550.990.880.910.690.85-0.850.870.910.91
-0.09-0.1-0.040.050.08-0.260.04-0.1-0.320.28-0.05-0.31-0.39-0.11-0.250.41-0.080.07-0.19-0.21-0.190.17-0.09-0.18-0.14
1.0-0.10.990.950.960.980.970.980.950.160.890.950.791.00.980.530.990.880.920.690.86-0.860.890.920.92
0.99-0.040.990.950.970.960.980.950.910.230.830.930.770.980.950.620.980.840.870.660.8-0.810.830.860.87
0.950.050.950.950.980.890.920.940.850.340.810.830.670.950.920.540.940.920.850.580.75-0.80.820.840.86
0.970.080.960.970.980.90.950.940.860.280.840.850.710.960.930.580.950.90.860.630.8-0.820.850.850.87
0.98-0.260.980.960.890.90.930.960.980.050.870.980.830.980.990.460.970.820.920.720.87-0.850.870.920.9
0.970.040.970.980.920.950.930.930.880.190.810.910.760.970.920.660.970.820.860.640.79-0.790.820.850.85
0.98-0.10.980.950.940.940.960.930.940.110.910.90.80.980.960.470.980.920.940.710.87-0.880.910.930.95
0.94-0.320.950.910.850.860.980.880.94-0.070.920.950.850.960.980.340.940.830.930.710.9-0.920.910.940.94
0.170.280.160.230.340.280.050.190.11-0.07-0.10.01-0.290.140.090.410.160.19-0.01-0.11-0.10.09-0.08-0.02-0.05
0.87-0.050.890.830.810.840.870.810.910.92-0.10.810.720.890.890.310.880.890.910.720.91-0.930.950.930.97
0.95-0.310.950.930.830.850.980.910.90.950.010.810.830.950.960.460.930.740.870.660.82-0.80.820.870.85
0.79-0.390.790.770.670.710.830.760.80.85-0.290.720.830.80.810.320.80.650.810.660.77-0.790.780.780.81
1.0-0.111.00.980.950.960.980.970.980.960.140.890.950.80.980.520.990.890.930.70.86-0.870.890.920.93
0.98-0.250.980.950.920.930.990.920.960.980.090.890.960.810.980.40.960.860.930.720.88-0.880.890.930.93
0.550.410.530.620.540.580.460.660.470.340.410.310.460.320.520.40.570.430.410.290.38-0.330.390.410.33
0.99-0.080.990.980.940.950.970.970.980.940.160.880.930.80.990.960.570.890.910.670.85-0.870.880.90.93
0.880.070.880.840.920.90.820.820.920.830.190.890.740.650.890.860.430.890.880.530.83-0.90.920.890.93
0.91-0.190.920.870.850.860.920.860.940.93-0.010.910.870.810.930.930.410.910.880.820.97-0.890.960.990.93
0.69-0.210.690.660.580.630.720.640.710.71-0.110.720.660.660.70.720.290.670.530.820.82-0.570.70.780.65
0.85-0.190.860.80.750.80.870.790.870.9-0.10.910.820.770.860.880.380.850.830.970.82-0.890.970.980.9
-0.850.17-0.86-0.81-0.8-0.82-0.85-0.79-0.88-0.920.09-0.93-0.8-0.79-0.87-0.88-0.33-0.87-0.9-0.89-0.57-0.89-0.95-0.91-0.96
0.87-0.090.890.830.820.850.870.820.910.91-0.080.950.820.780.890.890.390.880.920.960.70.97-0.950.980.97
0.91-0.180.920.860.840.850.920.850.930.94-0.020.930.870.780.920.930.410.90.890.990.780.98-0.910.980.94
0.91-0.140.920.870.860.870.90.850.950.94-0.050.970.850.810.930.930.330.930.930.930.650.9-0.960.970.94
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SAIC Account Relationship Matchups

SAIC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets919.4B916.9B990.1B1.0T1.2T1.2T
Other Current Liab193.7B109.1B93.0B3.1B3.6B3.4B
Total Current Liabilities510.9B480.5B544.0B547.4B629.6B661.0B
Total Stockholder Equity260.1B273.8B279.2B286.3B329.3B345.7B
Other Liab50.4B51.4B53.0B49.4B56.8B59.7B
Retained Earnings179.4B189.6B197.8B167.5B192.6B202.2B
Accounts Payable205.0B199.1B244.3B264.7B304.4B319.6B
Cash142.6B138.5B155.2B143.6B165.2B173.4B
Other Assets136.2B152.3B160.1B158.9B182.7B191.8B
Long Term Debt47.1B46.3B49.7B62.9B72.3B75.9B
Net Receivables43.6B47.5B62.9B68.0B78.2B61.7B
Short Term Investments64.1B53.9B45.2B46.7B53.7B56.4B
Inventory69.4B56.6B88.5B98.6B113.4B119.1B
Other Current Assets49.7B211.4B192.4B186.7B214.8B225.5B
Total Liab609.4B588.2B653.8B663.7B763.3B801.5B
Intangible Assets18.5B19.6B22.2B24.4B28.1B29.5B
Property Plant Equipment99.2B96.1B101.6B105.6B121.4B127.5B
Good Will1.5B1.3B1.2B1.2B1.4B1.1B
Net Tangible Assets232.9B242.6B255.7B259.1B297.9B243.2B
Other Stockholder Equity13.1B14.1B18.7B15.7B18.0B14.6B
Deferred Long Term Liab4.1B4.7B4.9B5.7B6.6B3.7B
Short Long Term Debt92.7B83.4B101.8B94.0B108.1B66.1B
Total Current Assets566.2B545.0B582.2B619.6B712.5B521.9B
Non Current Assets Total353.2B371.9B407.9B387.0B445.1B382.4B
Non Currrent Assets Other7.4B9.1B13.2B10.5B9.5B16.7B
Non Current Liabilities Total98.5B107.7B109.8B116.3B133.7B99.0B
Non Current Liabilities Other15.4B19.3B20.8B23.2B26.7B18.2B
Net Invested Capital399.9B403.5B430.8B443.2B509.7B413.0B
Net Working Capital55.3B64.5B38.2B72.2B83.0B49.7B
Property Plant And Equipment Net96.1B101.6B105.6B108.1B124.4B112.4B
Property Plant And Equipment Gross173.4B188.0B105.6B108.1B97.3B118.6B

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Other Information on Investing in SAIC Stock

Balance Sheet is a snapshot of the financial position of SAIC Motor Corp at a specified time, usually calculated after every quarter, six months, or one year. SAIC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SAIC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which SAIC currently owns. An asset can also be divided into two categories, current and non-current.