SBC Total Assets vs Capital Lease Obligations Analysis

SBCWW Stock   0.24  0  1.83%   
SBC Medical financial indicator trend analysis is much more than just breaking down SBC Medical Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBC Medical Group is a good investment. Please check the relationship between SBC Medical Total Assets and its Capital Lease Obligations accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBC Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Total Assets vs Capital Lease Obligations

JavaScript chart by amCharts 3.21.15201420162018202020222024230M235M240M245M250M255M260M 5,850K5.9M5,950K6M6,050K6.1M6,150K6.2M6,250K6.3M6,350K6.4M6,450K6.5M6,550K6.6M6,650K
JavaScript chart by amCharts 3.21.15Total Assetstotal: 2.8BCapital Lease Obligationstotal: 71.4M

Total Assets vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBC Medical Group Total Assets account and Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.
Total AssetsCapital Lease ObligationsDiversified AwayTotal AssetsCapital Lease ObligationsDiversified Away100%
The correlation between SBC Medical's Total Assets and Capital Lease Obligations is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of SBC Medical Group, assuming nothing else is changed. The correlation between historical values of SBC Medical's Total Assets and Capital Lease Obligations 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 Assets of SBC Medical Group are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Assets i.e., SBC Medical's Total Assets and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of SBC Medical 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 SBC Medical Group 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.

Capital Lease Obligations

SBC Medical Group capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to SBC Medical asset purchases. For example, SBC Medical can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as SBC Medical 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.
Most indicators from SBC Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBC Medical Group 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 SBC Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Tax Provision is likely to drop to about 29.2 M in 2024. Selling General Administrative is likely to drop to about 63.9 M in 2024
 2010 2023 2024 (projected)
Net Interest Income440.9K41.5K39.4K
Tax Provision18.1M35.0M29.2M

SBC Medical fundamental ratios Correlations

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SBC Medical Account Relationship Matchups

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