Sandy Short Long Term Debt Total vs Net Receivables Analysis

SASR Stock

USD 37.68 0.17 0.45%

Sandy Spring financial indicator trend analysis is much more than just breaking down Sandy Spring Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sandy Spring Bancorp is a good investment. Please check the relationship between Sandy Spring Short Long Term Debt Total and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandy Spring Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Short Long Term Debt Total vs Net Receivables

Short Long Term Debt Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandy Spring Bancorp Short Long Term Debt Total account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sandy Spring's Short Long Term Debt Total and Net Receivables is 0.62. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Sandy Spring Bancorp, assuming nothing else is changed. The correlation between historical values of Sandy Spring's Short Long Term Debt Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Sandy Spring Bancorp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Long Term Debt Total i.e., Sandy Spring's Short Long Term Debt Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Long Term Debt Total

Net Receivables

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

At this time, Sandy Spring's Selling General Administrative is relatively stable compared to the past year. As of 11/29/2024, Tax Provision is likely to grow to about 42.8 M, while Enterprise Value Over EBITDA is likely to drop 6.02.

	2021	2022	2023	2024 (projected)
Interest Expense	25.8M	68.7M	283.0M	297.1M
Depreciation And Amortization	14.5M	11.9M	22.0M	23.1M

Interest Expense Depreciation And Amortization

Sandy Spring fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Other Current Liab	Other Liab	Long Term Debt
Total Assets		0.6	0.35	0.99	0.64	-0.09	0.97	0.57	0.46	-0.66	0.93	0.32	0.98	0.97	0.82	0.57	0.96	1.0	0.89	-0.32	-0.17	0.82	-0.16	0.28	0.94	0.66
Short Long Term Debt Total	0.6		-0.13	0.57	0.65	0.39	0.49	0.39	0.14	-0.31	0.64	0.52	0.62	0.57	0.66	-0.02	0.6	0.61	0.34	0.04	0.54	0.71	-0.16	-0.24	0.54	0.74
Total Current Liabilities	0.35	-0.13		0.33	0.02	-0.14	0.42	-0.23	0.2	-0.12	0.38	-0.65	0.42	0.41	0.04	0.76	0.27	0.35	0.46	-0.39	-0.53	0.08	0.6	0.96	0.42	0.13
Total Stockholder Equity	0.99	0.57	0.33		0.66	-0.11	0.95	0.59	0.53	-0.68	0.91	0.36	0.97	0.97	0.84	0.55	0.98	0.99	0.86	-0.3	-0.16	0.84	-0.15	0.26	0.92	0.61
Property Plant And Equipment Net	0.64	0.65	0.02	0.66		0.4	0.63	0.46	0.5	-0.2	0.75	0.57	0.55	0.73	0.77	0.09	0.62	0.64	0.54	0.33	0.43	0.86	-0.03	-0.19	0.62	0.41
Net Debt	-0.09	0.39	-0.14	-0.11	0.4		-0.04	-0.48	-0.31	0.34	0.18	-0.05	-0.12	-0.02	-0.11	-0.04	-0.14	-0.09	-0.14	0.57	0.7	0.01	-0.1	-0.25	0.01	0.31
Retained Earnings	0.97	0.49	0.42	0.95	0.63	-0.04		0.45	0.36	-0.6	0.93	0.2	0.93	0.94	0.74	0.67	0.89	0.97	0.95	-0.33	-0.25	0.74	-0.17	0.35	0.95	0.61
Cash	0.57	0.39	-0.23	0.59	0.46	-0.48	0.45		0.55	-0.46	0.39	0.81	0.5	0.52	0.72	-0.19	0.62	0.57	0.42	-0.13	0.0	0.68	-0.13	-0.31	0.4	0.19
Non Current Assets Total	0.46	0.14	0.2	0.53	0.5	-0.31	0.36	0.55		-0.35	0.37	0.38	0.44	0.58	0.65	0.18	0.56	0.45	0.25	0.02	-0.05	0.69	0.11	0.11	0.37	-0.01
Non Currrent Assets Other	-0.66	-0.31	-0.12	-0.68	-0.2	0.34	-0.6	-0.46	-0.35		-0.47	-0.27	-0.66	-0.61	-0.59	-0.35	-0.71	-0.65	-0.55	0.56	0.36	-0.52	0.27	-0.21	-0.58	-0.23
Other Assets	0.93	0.64	0.38	0.91	0.75	0.18	0.93	0.39	0.37	-0.47		0.24	0.9	0.94	0.74	0.58	0.87	0.93	0.86	-0.05	0.05	0.79	-0.11	0.27	0.95	0.71
Cash And Short Term Investments	0.32	0.52	-0.65	0.36	0.57	-0.05	0.2	0.81	0.38	-0.27	0.24		0.23	0.31	0.63	-0.52	0.41	0.32	0.12	0.21	0.44	0.62	-0.34	-0.74	0.16	0.15
Net Receivables	0.98	0.62	0.42	0.97	0.55	-0.12	0.93	0.5	0.44	-0.66	0.9	0.23		0.95	0.76	0.63	0.95	0.98	0.83	-0.38	-0.19	0.76	-0.13	0.36	0.93	0.7
Common Stock Total Equity	0.97	0.57	0.41	0.97	0.73	-0.02	0.94	0.52	0.58	-0.61	0.94	0.31	0.95		0.81	0.59	0.94	0.96	0.85	-0.21	-0.09	0.85	-0.08	0.3	0.94	0.57
Common Stock Shares Outstanding	0.82	0.66	0.04	0.84	0.77	-0.11	0.74	0.72	0.65	-0.59	0.74	0.63	0.76	0.81		0.15	0.86	0.82	0.66	-0.13	0.08	0.98	-0.11	-0.05	0.7	0.46
Non Current Liabilities Total	0.57	-0.02	0.76	0.55	0.09	-0.04	0.67	-0.19	0.18	-0.35	0.58	-0.52	0.63	0.59	0.15		0.46	0.57	0.64	-0.38	-0.54	0.17	-0.06	0.77	0.69	0.38
Other Stockholder Equity	0.96	0.6	0.27	0.98	0.62	-0.14	0.89	0.62	0.56	-0.71	0.87	0.41	0.95	0.94	0.86	0.46		0.96	0.77	-0.29	-0.11	0.84	-0.15	0.22	0.86	0.6
Total Liab	1.0	0.61	0.35	0.99	0.64	-0.09	0.97	0.57	0.45	-0.65	0.93	0.32	0.98	0.96	0.82	0.57	0.96		0.89	-0.33	-0.17	0.82	-0.16	0.28	0.94	0.66
Property Plant And Equipment Gross	0.89	0.34	0.46	0.86	0.54	-0.14	0.95	0.42	0.25	-0.55	0.86	0.12	0.83	0.85	0.66	0.64	0.77	0.89		-0.35	-0.36	0.64	-0.09	0.4	0.9	0.48
Total Current Assets	-0.32	0.04	-0.39	-0.3	0.33	0.57	-0.33	-0.13	0.02	0.56	-0.05	0.21	-0.38	-0.21	-0.13	-0.38	-0.29	-0.33	-0.35		0.77	-0.03	-0.07	-0.51	-0.23	-0.01
Short Term Debt	-0.17	0.54	-0.53	-0.16	0.43	0.7	-0.25	0.0	-0.05	0.36	0.05	0.44	-0.19	-0.09	0.08	-0.54	-0.11	-0.17	-0.36	0.77		0.19	-0.1	-0.64	-0.14	0.22
Common Stock	0.82	0.71	0.08	0.84	0.86	0.01	0.74	0.68	0.69	-0.52	0.79	0.62	0.76	0.85	0.98	0.17	0.84	0.82	0.64	-0.03	0.19		-0.07	-0.06	0.73	0.47
Accounts Payable	-0.16	-0.16	0.6	-0.15	-0.03	-0.1	-0.17	-0.13	0.11	0.27	-0.11	-0.34	-0.13	-0.08	-0.11	-0.06	-0.15	-0.16	-0.09	-0.07	-0.1	-0.07		0.5	-0.19	-0.26
Other Current Liab	0.28	-0.24	0.96	0.26	-0.19	-0.25	0.35	-0.31	0.11	-0.21	0.27	-0.74	0.36	0.3	-0.05	0.77	0.22	0.28	0.4	-0.51	-0.64	-0.06	0.5		0.35	0.06
Other Liab	0.94	0.54	0.42	0.92	0.62	0.01	0.95	0.4	0.37	-0.58	0.95	0.16	0.93	0.94	0.7	0.69	0.86	0.94	0.9	-0.23	-0.14	0.73	-0.19	0.35		0.61
Long Term Debt	0.66	0.74	0.13	0.61	0.41	0.31	0.61	0.19	-0.01	-0.23	0.71	0.15	0.7	0.57	0.46	0.38	0.6	0.66	0.48	-0.01	0.22	0.47	-0.26	0.06	0.61

Click cells to compare fundamentals

Sandy Spring Account Relationship Matchups

Sandy Spring fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.6B	12.8B	12.6B	13.8B	14.0B	14.7B
Short Long Term Debt Total	723.2M	1.9B	466.4M	1.9B	920.8M	637.9M
Total Current Liabilities	118.9M	146.1M	132.5M	153.8M	3.0B	3.1B
Total Stockholder Equity	1.1B	1.5B	1.5B	1.5B	1.6B	1.7B
Property Plant And Equipment Net	58.6M	57.7M	59.7M	67.1M	59.5M	49.1M
Net Debt	577.3M	309.5M	(247.0M)	728.2M	375.2M	418.8M
Retained Earnings	515.7M	557.3M	732.0M	836.8M	898.3M	943.2M
Cash	145.9M	296.7M	419.7M	192.0M	82.3M	101.9M
Non Current Assets Total	1.5B	1.9B	2.0B	450.4M	1.8B	989.4M
Non Currrent Assets Other	(1.5B)	(1.9B)	(2.0B)	(1.5B)	(1.8B)	(1.7B)
Other Assets	5.8B	9.2B	8.7B	11.9B	11.5B	12.1B
Cash And Short Term Investments	1.2B	1.6B	1.9B	1.4B	82.3M	78.1M
Net Receivables	23.3M	46.4M	34.3M	41.2M	46.6M	48.9M
Common Stock Total Equity	35.0M	47.1M	45.1M	44.7M	51.4M	53.9M
Common Stock Shares Outstanding	35.9M	44.1M	46.9M	45.0M	44.9M	25.0M
Liabilities And Stockholders Equity	8.6B	12.8B	12.6B	13.8B	14.0B	14.7B
Non Current Liabilities Total	723.2M	606.2M	172.7M	153.8M	12.4B	13.1B
Other Stockholder Equity	586.6M	846.9M	751.1M	734.3M	742.2M	779.4M
Total Liab	7.5B	11.3B	11.1B	12.3B	12.4B	13.1B
Property Plant And Equipment Gross	58.6M	57.7M	140.2M	149.9M	146.4M	153.8M
Total Current Assets	1.2B	1.7B	1.9B	1.4B	721.3M	685.3M
Accumulated Other Comprehensive Income	(4.3M)	18.7M	(8.5M)	(132.0M)	(97.3M)	(92.5M)
Short Term Debt	358.5M	785.9M	152.6M	683.5M	75.0M	71.3M
Common Stock	35.0M	47.1M	45.1M	44.7M	44.9M	25.6M
Accounts Payable	118.9M	146.1M	132.5M	153.8M	176.8M	168.0M
Other Current Liab	(118.9M)	(146.1M)	(132.5M)	(153.8M)	2.9B	3.1B
Other Liab	35.3M	58.7M	58.0M	66.9M	76.9M	80.8M
Long Term Debt	209.4M	1.1B	172.7M	1.2B	920.8M	966.8M
Short Term Investments	1.1B	1.3B	1.5B	1.2B	1.1B	579.9M
Inventory	(170.9M)	(344.9M)	(455.4M)	(234.0M)	(128.8M)	(122.4M)
Other Current Assets	170.9M	344.9M	455.4M	234.0M	592.5M	562.9M
Intangible Assets	7.8M	32.5M	25.9M	19.9M	28.3M	29.7M
Property Plant Equipment	58.6M	57.7M	59.7M	67.1M	77.1M	54.3M
Good Will	346.1M	347.1M	370.2M	363.4M	418.0M	438.8M
Net Tangible Assets	778.0M	1.1B	1.1B	1.1B	1.3B	734.2M
Retained Earnings Total Equity	515.7M	557.3M	732.0M	836.8M	962.3M	1.0B
Long Term Debt Total	209.4M	1.1B	313.8M	1.2B	1.4B	1.5B
Capital Surpluse	586.6M	846.9M	751.1M	734.3M	844.4M	459.9M
Long Term Investments	6.6B	1.4B	1.5B	69.2M	1.3B	1.7B
Non Current Liabilities Other	332.5M	146.1M	132.5M	153.8M	176.8M	200.6M

Pair Trading with Sandy Spring

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sandy Spring position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sandy Spring will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sandy Stock

0.95	AX	Axos Financial	Pair Corr
0.95	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr

Moving against Sandy Stock

0.6	CFG-PE	Citizens Financial	Pair Corr
0.57	TFC-PO	Truist Financial	Pair Corr
0.55	TFC-PR	Truist Financial	Pair Corr
0.45	WF	Woori Financial Group	Pair Corr

The ability to find closely correlated positions to Sandy Spring could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sandy Spring when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sandy Spring - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sandy Spring Bancorp to buy it.

The correlation of Sandy Spring is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sandy Spring moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sandy Spring Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Sandy Spring can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Sandy Stock Analysis

When running Sandy Spring's price analysis, check to measure Sandy Spring's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sandy Spring is operating at the current time. Most of Sandy Spring's value examination focuses on studying past and present price action to predict the probability of Sandy Spring's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandy Spring's price. Additionally, you may evaluate how the addition of Sandy Spring to your portfolios can decrease your overall portfolio volatility.

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