SICC Total Liab vs Non Current Assets Total Analysis

688234 Stock   49.31  0.53  1.06%   
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 Total Liab and its Non Current Assets Total 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.

Total Liab vs Non Current Assets Total

Total Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SICC Total Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
Total LiabNon Current Assets TotalDiversified AwayTotal LiabNon Current Assets TotalDiversified Away100%
The correlation between SICC's Total Liab and Non Current Assets Total is 0.58. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Assets Total 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 Total Liab and Non Current Assets 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 Liab of SICC Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Liab i.e., SICC's Total Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and 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 (8.9 M). In addition to that, Selling General Administrative is expected to decline to about 52.9 M
 2022 2023 2024 2025 (projected)
Interest Expense127.0K216.9K195.2K185.4K
Interest Income18.3M15.4M17.8M11.0M

SICC fundamental ratios Correlations

0.940.560.98-0.450.20.820.970.980.71-0.450.880.89-0.060.90.880.50.99-0.80.980.870.870.880.970.970.83
0.940.650.9-0.50.240.890.970.980.81-0.50.910.88-0.020.90.950.590.9-0.770.850.840.70.890.970.970.88
0.560.650.45-0.74-0.420.870.620.640.95-0.740.790.610.510.70.690.990.49-0.210.450.270.210.380.710.710.88
0.980.90.45-0.440.320.780.940.940.63-0.440.860.88-0.210.90.830.381.0-0.880.990.930.940.930.910.920.78
-0.45-0.5-0.74-0.44-0.02-0.8-0.46-0.46-0.81.0-0.77-0.7-0.01-0.74-0.47-0.72-0.440.46-0.42-0.45-0.37-0.53-0.49-0.49-0.8
0.20.24-0.420.32-0.020.020.150.16-0.13-0.020.130.32-0.790.240.06-0.490.26-0.680.230.620.420.570.060.080.0
0.820.890.870.78-0.80.020.860.860.97-0.80.980.850.090.950.860.820.79-0.660.740.70.590.770.880.881.0
0.970.970.620.94-0.460.150.860.980.75-0.460.890.84-0.050.870.970.550.95-0.760.910.840.770.880.970.970.85
0.980.980.640.94-0.460.160.860.980.78-0.460.890.890.040.90.930.580.95-0.740.920.830.760.870.990.990.86
0.710.810.950.63-0.8-0.130.970.750.78-0.80.920.780.290.860.790.920.65-0.470.60.530.40.620.820.820.97
-0.45-0.5-0.74-0.441.0-0.02-0.8-0.46-0.46-0.8-0.77-0.7-0.01-0.74-0.47-0.72-0.440.46-0.42-0.45-0.37-0.53-0.49-0.49-0.8
0.880.910.790.86-0.770.130.980.890.890.92-0.770.9-0.030.980.850.730.87-0.760.830.80.720.850.90.910.98
0.890.880.610.88-0.70.320.850.840.890.78-0.70.9-0.020.940.770.560.88-0.780.850.840.760.880.880.890.86
-0.06-0.020.51-0.21-0.01-0.790.09-0.050.040.29-0.01-0.03-0.02-0.10.030.58-0.150.6-0.16-0.5-0.42-0.420.140.120.11
0.90.90.70.9-0.740.240.950.870.90.86-0.740.980.94-0.10.80.640.9-0.830.870.860.790.890.890.90.95
0.880.950.690.83-0.470.060.860.970.930.79-0.470.850.770.030.80.630.84-0.650.790.730.60.80.930.930.85
0.50.590.990.38-0.72-0.490.820.550.580.92-0.720.730.560.580.640.630.42-0.120.390.190.140.30.660.650.83
0.990.90.491.0-0.440.260.790.950.950.65-0.440.870.88-0.150.90.840.42-0.840.990.90.920.90.930.930.79
-0.8-0.77-0.21-0.880.46-0.68-0.66-0.76-0.74-0.470.46-0.76-0.780.6-0.83-0.65-0.12-0.84-0.82-0.99-0.88-0.97-0.68-0.69-0.65
0.980.850.450.99-0.420.230.740.910.920.6-0.420.830.85-0.160.870.790.390.99-0.820.880.950.870.90.90.75
0.870.840.270.93-0.450.620.70.840.830.53-0.450.80.84-0.50.860.730.190.9-0.990.880.910.990.770.780.69
0.870.70.210.94-0.370.420.590.770.760.4-0.370.720.76-0.420.790.60.140.92-0.880.950.910.860.720.730.59
0.880.890.380.93-0.530.570.770.880.870.62-0.530.850.88-0.420.890.80.30.9-0.970.870.990.860.820.830.76
0.970.970.710.91-0.490.060.880.970.990.82-0.490.90.880.140.890.930.660.93-0.680.90.770.720.821.00.89
0.970.970.710.92-0.490.080.880.970.990.82-0.490.910.890.120.90.930.650.93-0.690.90.780.730.831.00.89
0.830.880.880.78-0.80.01.00.850.860.97-0.80.980.860.110.950.850.830.79-0.650.750.690.590.760.890.89
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SICC Account Relationship Matchups

SICC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.5B2.6B5.9B6.9B7.9B4.3B
Total Current Liabilities170.8M123.5M313.0M1.3B1.5B1.6B
Total Stockholder Equity2.1B2.2B5.3B5.2B6.0B3.4B
Retained Earnings(157.6M)(76.0M)(251.9M)(297.6M)(267.8M)(281.2M)
Accounts Payable115.2M51.6M185.3M1.1B1.2B1.3B
Cash572.9M343.6M684.8M1.0B1.2B649.5M
Non Current Assets Total1.4B1.6B2.5B4.1B4.7B2.4B
Non Currrent Assets Other14.4M27.1M18.4M111.1M127.8M134.2M
Net Receivables62.6M57.8M138.0M308.8M355.1M372.9M
Non Current Liabilities Total164.1M272.4M289.8M381.1M438.3M330.5M
Inventory162.2M385.6M533.3M843.3M969.8M1.0B
Other Current Assets86.7M52.3M71.6M119.2M137.0M86.1M
Total Liab334.9M396.0M602.8M1.7B1.9B2.0B
Net Invested Capital2.1B2.2B5.3B5.2B6.0B3.5B
Total Current Assets1.0B990.0M3.3B2.8B3.2B1.9B
Net Working Capital869.5M866.5M3.0B1.5B1.7B1.3B
Intangible Assets258.3M254.2M252.7M273.2M314.2M265.9M

Currently Active Assets on Macroaxis

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.