SICC Capital Lease Obligations vs Total Assets Analysis

688234 Stock

54.90 1.46 2.59%

SICC financial indicator trend analysis is much more than just breaking down SICC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SICC is a good investment. Please check the relationship between SICC Capital Lease Obligations and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SICC Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Capital Lease Obligations vs Total Assets

Capital Lease Obligations vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SICC Capital Lease Obligations account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between SICC's Capital Lease Obligations and Total Assets is 0.77. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Assets in the same time period over historical financial statements of SICC Co, assuming nothing else is changed. The correlation between historical values of SICC's Capital Lease Obligations and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of SICC Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Lease Obligations i.e., SICC's Capital Lease Obligations and Total Assets go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capital Lease Obligations

SICC capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to SICC asset purchases. For example, SICC can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as SICC control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Total Assets

Total assets refers to the total amount of SICC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SICC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from SICC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SICC 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 SICC Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about (9.9 M). In addition to that, Selling General Administrative is expected to decline to about 58.8 M

	2021	2022	2023	2024 (projected)
Interest Expense	6.9K	127.0K	216.9K	206.0K
Interest Income	6.0M	18.3M	15.4M	11.0M

Interest Expense Interest Income

SICC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross	Capital Lease Obligations
Total Assets		0.9	0.36	0.98	-0.58	0.18	0.76	0.95	0.97	0.57	-0.58	0.87	0.92	-0.32	0.97	0.8	0.12	0.99	-0.8	0.98	0.88	0.89	0.83	0.95	0.96	0.77
Other Current Liab	0.9		0.48	0.86	-0.69	0.24	0.87	0.95	0.96	0.74	-0.69	0.91	0.95	-0.32	0.94	0.91	0.22	0.86	-0.79	0.79	0.87	0.68	0.85	0.94	0.94	0.86
Total Current Liabilities	0.36	0.48		0.22	-0.79	-0.64	0.79	0.44	0.47	0.92	-0.79	0.65	0.52	0.5	0.35	0.56	0.76	0.27	0.0	0.23	0.07	0.0	0.09	0.59	0.58	0.8
Total Stockholder Equity	0.98	0.86	0.22		-0.54	0.32	0.7	0.92	0.93	0.47	-0.54	0.84	0.88	-0.47	0.95	0.74	-0.06	1.0	-0.88	0.98	0.93	0.95	0.89	0.88	0.89	0.71
Net Debt	-0.58	-0.69	-0.79	-0.54		0.13	-0.95	-0.62	-0.63	-0.93	1.0	-0.9	-0.73	0.07	-0.6	-0.64	-0.23	-0.54	0.52	-0.5	-0.52	-0.4	-0.58	-0.68	-0.68	-0.94
Retained Earnings	0.18	0.24	-0.64	0.32	0.13		-0.09	0.13	0.15	-0.29	0.13	0.05	0.21	-0.82	0.3	0.0	-0.76	0.25	-0.66	0.2	0.59	0.4	0.6	0.0	0.02	-0.11
Accounts Payable	0.76	0.87	0.79	0.7	-0.95	-0.09		0.82	0.83	0.95	-0.95	0.97	0.88	-0.09	0.78	0.83	0.35	0.71	-0.61	0.66	0.66	0.52	0.68	0.87	0.87	1.0
Cash	0.95	0.95	0.44	0.92	-0.62	0.13	0.82		0.97	0.64	-0.62	0.89	0.88	-0.35	0.92	0.94	0.2	0.92	-0.78	0.89	0.86	0.78	0.82	0.95	0.95	0.82
Non Current Assets Total	0.97	0.96	0.47	0.93	-0.63	0.15	0.83	0.97		0.69	-0.63	0.9	0.96	-0.23	0.98	0.87	0.27	0.94	-0.76	0.9	0.84	0.77	0.8	0.99	0.99	0.84
Non Currrent Assets Other	0.57	0.74	0.92	0.47	-0.93	-0.29	0.95	0.64	0.69		-0.93	0.86	0.77	0.19	0.62	0.7	0.55	0.5	-0.35	0.44	0.41	0.26	0.44	0.76	0.76	0.95
Long Term Debt	-0.58	-0.69	-0.79	-0.54	1.0	0.13	-0.95	-0.62	-0.63	-0.93		-0.9	-0.73	0.07	-0.6	-0.64	-0.23	-0.54	0.52	-0.5	-0.52	-0.4	-0.58	-0.68	-0.68	-0.94
Net Receivables	0.87	0.91	0.65	0.84	-0.9	0.05	0.97	0.89	0.9	0.86	-0.9		0.93	-0.24	0.87	0.83	0.2	0.84	-0.75	0.8	0.79	0.7	0.81	0.91	0.91	0.97
Common Stock Shares Outstanding	0.92	0.95	0.52	0.88	-0.73	0.21	0.88	0.88	0.96	0.77	-0.73	0.93		-0.2	0.97	0.77	0.23	0.88	-0.77	0.83	0.83	0.72	0.82	0.95	0.96	0.88
Non Current Liabilities Total	-0.32	-0.32	0.5	-0.47	0.07	-0.82	-0.09	-0.35	-0.23	0.19	0.07	-0.24	-0.2		-0.32	-0.27	0.8	-0.4	0.77	-0.38	-0.7	-0.58	-0.73	-0.1	-0.11	-0.06
Inventory	0.97	0.94	0.35	0.95	-0.6	0.3	0.78	0.92	0.98	0.62	-0.6	0.87	0.97	-0.32		0.77	0.12	0.95	-0.83	0.91	0.9	0.83	0.86	0.95	0.96	0.79
Other Current Assets	0.8	0.91	0.56	0.74	-0.64	0.0	0.83	0.94	0.87	0.7	-0.64	0.83	0.77	-0.27	0.77		0.34	0.74	-0.63	0.69	0.71	0.54	0.7	0.87	0.86	0.82
Total Liab	0.12	0.22	0.76	-0.06	-0.23	-0.76	0.35	0.2	0.27	0.55	-0.23	0.2	0.23	0.8	0.12	0.34		0.01	0.41	-0.02	-0.28	-0.3	-0.32	0.39	0.37	0.37
Net Invested Capital	0.99	0.86	0.27	1.0	-0.54	0.25	0.71	0.92	0.94	0.5	-0.54	0.84	0.88	-0.4	0.95	0.74	0.01		-0.84	0.99	0.9	0.94	0.86	0.9	0.91	0.72
Short Long Term Debt	-0.8	-0.79	0.0	-0.88	0.52	-0.66	-0.61	-0.78	-0.76	-0.35	0.52	-0.75	-0.77	0.77	-0.83	-0.63	0.41	-0.84		-0.8	-0.99	-0.87	-0.99	-0.66	-0.68	-0.6
Total Current Assets	0.98	0.79	0.23	0.98	-0.5	0.2	0.66	0.89	0.9	0.44	-0.5	0.8	0.83	-0.38	0.91	0.69	-0.02	0.99	-0.8		0.86	0.96	0.81	0.87	0.88	0.67
Capital Stock	0.88	0.87	0.07	0.93	-0.52	0.59	0.66	0.86	0.84	0.41	-0.52	0.79	0.83	-0.7	0.9	0.71	-0.28	0.9	-0.99	0.86		0.89	0.99	0.76	0.78	0.65
Net Working Capital	0.89	0.68	0.0	0.95	-0.4	0.4	0.52	0.78	0.77	0.26	-0.4	0.7	0.72	-0.58	0.83	0.54	-0.3	0.94	-0.87	0.96	0.89		0.85	0.71	0.73	0.53
Intangible Assets	0.83	0.85	0.09	0.89	-0.58	0.6	0.68	0.82	0.8	0.44	-0.58	0.81	0.82	-0.73	0.86	0.7	-0.32	0.86	-0.99	0.81	0.99	0.85		0.72	0.74	0.67
Property Plant And Equipment Net	0.95	0.94	0.59	0.88	-0.68	0.0	0.87	0.95	0.99	0.76	-0.68	0.91	0.95	-0.1	0.95	0.87	0.39	0.9	-0.66	0.87	0.76	0.71	0.72		1.0	0.88
Property Plant And Equipment Gross	0.96	0.94	0.58	0.89	-0.68	0.02	0.87	0.95	0.99	0.76	-0.68	0.91	0.96	-0.11	0.96	0.86	0.37	0.91	-0.68	0.88	0.78	0.73	0.74	1.0		0.88
Capital Lease Obligations	0.77	0.86	0.8	0.71	-0.94	-0.11	1.0	0.82	0.84	0.95	-0.94	0.97	0.88	-0.06	0.79	0.82	0.37	0.72	-0.6	0.67	0.65	0.53	0.67	0.88	0.88

Click cells to compare fundamentals

SICC Account Relationship Matchups

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in SICC Stock

Balance Sheet is a snapshot of the financial position of SICC at a specified time, usually calculated after every quarter, six months, or one year. SICC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SICC 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 SICC currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

SICC Capital Lease Obligations vs Total Assets Analysis

Capital Lease Obligations vs Total Assets

Capital Lease Obligations vs Total Assets Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Total Assets

SICC fundamental ratios Correlations

SICC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in SICC Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Long Term Debt	+ 1.0	Net Debt
Capital Lease Obligations	+ 1.0	Accounts Payable
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Non Current Assets Total

Intangible Assets	- 0.99	Short Long Term Debt
Capital Stock	- 0.99	Short Long Term Debt
Long Term Debt	- 0.95	Accounts Payable
Accounts Payable	- 0.95	Net Debt
Capital Lease Obligations	- 0.94	Long Term Debt
Capital Lease Obligations	- 0.94	Net Debt