Saia Total Current Liabilities vs Other Current Liab Analysis
SAIA Stock | USD 569.08 4.70 0.83% |
Saia financial indicator trend analysis is much more than just breaking down Saia Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saia Inc is a good investment. Please check the relationship between Saia Total Current Liabilities and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saia Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Total Current Liabilities vs Other Current Liab
Total Current Liabilities vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saia Inc Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Saia's Total Current Liabilities and Other Current Liab is 0.95. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Saia Inc, assuming nothing else is changed. The correlation between historical values of Saia's Total Current Liabilities and Other Current 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 Liabilities of Saia Inc are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Saia's Total Current Liabilities and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Saia balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Saia Inc 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.Other Current Liab
Most indicators from Saia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saia Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Saia Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At present, Saia's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 18.67, whereas Selling General Administrative is forecasted to decline to about 64.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 451.7M | 591.0M | 598.9M | 373.3M | Total Revenue | 2.3B | 2.8B | 2.9B | 3.0B |
Saia fundamental ratios Correlations
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Saia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Saia fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.5B | 1.8B | 2.2B | 2.6B | 2.7B | |
Short Long Term Debt Total | 241.7M | 186.5M | 160.4M | 154.5M | 138.7M | 130.0M | |
Total Stockholder Equity | 815.2M | 961.3M | 1.2B | 1.6B | 1.9B | 2.0B | |
Property Plant And Equipment Net | 1.2B | 1.2B | 1.4B | 1.6B | 1.9B | 2.0B | |
Net Debt | 241.4M | 161.2M | 53.8M | (32.9M) | (157.5M) | (149.6M) | |
Cash | 248K | 25.3M | 106.6M | 187.4M | 296.2M | 311.0M | |
Non Current Assets Total | 1.2B | 1.3B | 1.4B | 1.6B | 1.9B | 2.0B | |
Non Currrent Assets Other | 7.6M | 7.0M | 21.6M | (123.2M) | 35.5M | 37.3M | |
Other Assets | 5.3M | 27.3M | 40.8M | 22.6M | 20.3M | 21.5M | |
Cash And Short Term Investments | 248K | 25.3M | 106.6M | 187.4M | 296.2M | 311.0M | |
Common Stock Shares Outstanding | 26.4M | 26.6M | 26.7M | 26.7M | 26.8M | 26.3M | |
Liabilities And Stockholders Equity | 1.4B | 1.5B | 1.8B | 2.2B | 2.6B | 2.7B | |
Non Current Liabilities Total | 359.2M | 311.7M | 303.6M | 321.3M | 320.0M | 226.9M | |
Other Stockholder Equity | 257M | 264.7M | 270.5M | 277.4M | 285.1M | 491.8M | |
Total Liab | 600.5M | 587.5M | 624.9M | 595.4M | 642.1M | 399.7M | |
Property Plant And Equipment Gross | 1.2B | 1.2B | 2.1B | 2.5B | 3.0B | 3.2B | |
Total Current Assets | 232.4M | 271.7M | 416.3M | 530.9M | 648.7M | 681.1M | |
Other Current Liab | 69.5M | 104.8M | 125.4M | 95.4M | 108.3M | 64.1M | |
Total Current Liabilities | 241.2M | 275.8M | 321.3M | 274.1M | 322.1M | 175.1M | |
Other Liab | 156.0M | 166.0M | 184.2M | 206.2M | 237.1M | 249.0M | |
Accounts Payable | 83.6M | 89.4M | 114.0M | 99.8M | 141.9M | 149.0M | |
Long Term Debt | 117.0M | 50.4M | 31.0M | 16.5M | 14.8M | 14.1M | |
Other Current Assets | 9.2M | 29.4M | 32.9M | 53.2M | 39.7M | 23.5M | |
Intangible Assets | 9.4M | 8.2M | 7.1M | 6.0M | 5.2M | 4.9M | |
Property Plant Equipment | 1.1B | 1.1B | 1.4B | 1.5B | 1.7B | 1.8B | |
Current Deferred Revenue | 49.7M | 55.4M | 73.1M | 5.7M | 6.6M | 6.2M | |
Net Receivables | 196.1M | 216.9M | 276.8M | 290.3M | 312.7M | 160.6M | |
Accumulated Other Comprehensive Income | (3.9M) | (2.9M) | (4.1M) | (5.2M) | (5.7M) | (6.0M) | |
Short Term Debt | 38.4M | 81.6M | 81.9M | 78.9M | 71.9M | 75.5M | |
Retained Earnings | 558.2M | 696.5M | 949.8M | 1.3B | 1.7B | 1.7B | |
Net Tangible Assets | 793.7M | 941.0M | 1.2B | 1.6B | 1.8B | 1.9B | |
Retained Earnings Total Equity | 558.2M | 696.5M | 949.8M | 1.3B | 1.5B | 1.6B | |
Capital Surpluse | 260.9M | 267.7M | 274.6M | 277.4M | 319.0M | 265.7M | |
Non Current Liabilities Other | 359.2M | 311.7M | 303.6M | 60.4M | 61.4M | 58.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Saia Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Saia Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saia Inc Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saia Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Saia. If investors know Saia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Saia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Earnings Share 14 | Revenue Per Share 118.876 | Quarterly Revenue Growth 0.086 | Return On Assets 0.111 |
The market value of Saia Inc is measured differently than its book value, which is the value of Saia that is recorded on the company's balance sheet. Investors also form their own opinion of Saia's value that differs from its market value or its book value, called intrinsic value, which is Saia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Saia's market value can be influenced by many factors that don't directly affect Saia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Saia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.