SBC Total Current Assets vs Cash 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 Current Assets and its Cash 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 Current Assets vs Cash

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JavaScript chart by amCharts 3.21.15Total Current Assetstotal: 1.4BCashtotal: 705.5M

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBC Medical Group Total Current Assets account and Cash. At this time, the significance of the direction appears to have totally related.
Total Current AssetsCashTotal Current AssetsCashDiversified Away100%
The correlation between SBC Medical's Total Current Assets and Cash is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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 Current Assets and Cash 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 Assets of SBC Medical Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., SBC Medical's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash

Cash refers to the most liquid asset of SBC Medical Group, which is listed under current asset account on SBC Medical Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SBC Medical customers. The amounts must be unrestricted with restricted cash listed in a different SBC Medical account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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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-0.960.8-1.00.82-1.0-1.0-1.00.920.94-1.0-1.00.770.870.98-1.0-0.9-1.0-0.990.63-1.00.771.00.97-1.00.76
-0.940.8-0.851.0-0.84-0.79-0.780.970.95-0.76-0.761.00.990.9-0.84-0.98-0.77-0.740.97-0.841.00.850.93-0.821.0
0.98-1.0-0.85-0.861.00.990.99-0.95-0.970.990.99-0.82-0.9-1.01.00.930.990.98-0.691.0-0.82-1.0-0.981.0-0.81
-0.950.821.0-0.86-0.85-0.81-0.790.980.96-0.78-0.771.01.00.91-0.85-0.99-0.78-0.750.96-0.861.00.860.94-0.841.0
0.98-1.0-0.841.0-0.851.00.99-0.94-0.960.990.99-0.81-0.9-0.991.00.920.990.99-0.681.0-0.81-1.0-0.981.0-0.8
0.95-1.0-0.790.99-0.811.01.0-0.91-0.941.01.0-0.76-0.86-0.981.00.891.01.0-0.611.0-0.76-1.0-0.961.0-0.75
0.95-1.0-0.780.99-0.790.991.0-0.9-0.931.01.0-0.74-0.84-0.980.990.871.01.0-0.590.99-0.74-0.99-0.951.0-0.73
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-1.00.940.95-0.970.96-0.96-0.94-0.931.0-0.92-0.920.940.980.99-0.96-0.99-0.92-0.910.85-0.970.940.971.0-0.960.93
0.94-1.0-0.760.99-0.780.991.01.0-0.89-0.921.0-0.73-0.83-0.970.990.861.01.0-0.580.99-0.73-0.99-0.950.99-0.72
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-0.920.771.0-0.821.0-0.81-0.76-0.740.960.94-0.73-0.720.990.87-0.81-0.97-0.73-0.70.98-0.811.00.820.91-0.791.0
-0.970.870.99-0.91.0-0.9-0.86-0.840.990.98-0.83-0.830.990.94-0.9-1.0-0.83-0.810.93-0.90.990.90.97-0.880.98
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0.94-1.0-0.770.99-0.780.991.01.0-0.89-0.921.01.0-0.73-0.83-0.970.990.871.0-0.580.99-0.73-0.99-0.951.0-0.72
0.93-0.99-0.740.98-0.750.991.01.0-0.88-0.911.01.0-0.7-0.81-0.960.990.851.0-0.550.99-0.71-0.98-0.930.99-0.69
-0.820.630.97-0.690.96-0.68-0.61-0.590.880.85-0.58-0.570.980.930.76-0.68-0.91-0.58-0.55-0.680.980.680.81-0.650.98
0.98-1.0-0.841.0-0.861.01.00.99-0.94-0.970.990.99-0.81-0.9-0.991.00.920.990.99-0.68-0.82-1.0-0.981.0-0.8
-0.920.771.0-0.821.0-0.81-0.76-0.740.960.94-0.73-0.721.00.990.87-0.82-0.97-0.73-0.710.98-0.820.820.91-0.81.0
-0.981.00.85-1.00.86-1.0-1.0-0.990.950.97-0.99-0.990.820.90.99-1.0-0.93-0.99-0.980.68-1.00.820.98-1.00.81
-1.00.970.93-0.980.94-0.98-0.96-0.950.991.0-0.95-0.940.910.971.0-0.98-0.98-0.95-0.930.81-0.980.910.98-0.970.9
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-0.910.761.0-0.811.0-0.8-0.75-0.730.950.93-0.72-0.711.00.980.86-0.8-0.97-0.72-0.690.98-0.81.00.810.9-0.78
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SBC Medical Account Relationship Matchups

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When running SBC Medical's price analysis, check to measure SBC Medical'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 SBC Medical is operating at the current time. Most of SBC Medical's value examination focuses on studying past and present price action to predict the probability of SBC Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBC Medical's price. Additionally, you may evaluate how the addition of SBC Medical to your portfolios can decrease your overall portfolio volatility.