SBI Cash vs Other Current Assets Analysis

SBICARD Stock   734.70  21.15  2.96%   
SBI Cards financial indicator trend analysis is much more than just breaking down SBI Cards prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBI Cards is a good investment. Please check the relationship between SBI Cards Cash and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBI Cards and. 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.

Cash vs Other Current Assets

Cash vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBI Cards Cash account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between SBI Cards' Cash and Other Current Assets is 0.37. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of SBI Cards and, assuming nothing else is changed. The correlation between historical values of SBI Cards' Cash and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of SBI Cards and are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., SBI Cards' Cash and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of SBI Cards, which is listed under current asset account on SBI Cards and balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SBI Cards customers. The amounts must be unrestricted with restricted cash listed in a different SBI Cards 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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from SBI Cards' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBI Cards 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 SBI Cards and. 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 Selling General Administrative is expected to grow to about 9.8 B, whereas Tax Provision is forecasted to decline to about 5.4 B.
 2022 2023 2024 2025 (projected)
Gross Profit87.7B66.6B76.6B45.3B
Total Revenue112.7B110.9B127.6B133.9B

SBI Cards fundamental ratios Correlations

1.00.991.00.970.041.00.970.82-0.85-0.040.950.840.860.821.00.950.890.56-0.830.79-0.70.370.980.930.85
1.00.990.990.970.070.990.960.8-0.86-0.020.940.860.850.811.00.940.880.6-0.820.81-0.730.340.970.910.85
0.990.990.990.990.150.990.950.75-0.840.070.910.830.80.760.990.90.890.58-0.770.8-0.710.360.940.90.88
1.00.990.990.970.081.00.960.8-0.840.00.930.830.840.821.00.930.910.55-0.810.78-0.690.40.960.920.87
0.970.970.990.970.230.970.910.68-0.880.150.860.870.740.70.970.860.880.67-0.70.86-0.780.260.90.870.89
0.040.070.150.080.230.05-0.17-0.53-0.150.99-0.270.29-0.46-0.40.03-0.270.210.610.490.45-0.49-0.13-0.17-0.110.39
1.00.990.991.00.970.050.970.81-0.84-0.020.940.820.850.821.00.940.90.54-0.820.77-0.680.410.970.930.86
0.970.960.950.960.91-0.170.970.92-0.8-0.240.990.760.940.870.980.990.810.42-0.920.68-0.580.370.990.950.74
0.820.80.750.80.68-0.530.810.92-0.61-0.60.950.530.990.910.830.950.620.11-0.980.4-0.30.390.920.850.49
-0.85-0.86-0.84-0.84-0.88-0.15-0.84-0.8-0.61-0.05-0.78-0.9-0.69-0.7-0.85-0.79-0.77-0.790.68-0.910.88-0.11-0.81-0.71-0.77
-0.04-0.020.070.00.150.99-0.02-0.24-0.6-0.05-0.350.19-0.54-0.46-0.05-0.350.150.520.560.35-0.39-0.12-0.25-0.180.33
0.950.940.910.930.86-0.270.940.990.95-0.78-0.350.730.970.910.951.00.770.37-0.950.63-0.540.360.990.920.69
0.840.860.830.830.870.290.820.760.53-0.90.190.730.620.620.840.740.860.85-0.570.94-0.920.090.760.660.82
0.860.850.80.840.74-0.460.850.940.99-0.69-0.540.970.620.910.870.970.660.23-0.980.49-0.40.380.950.870.54
0.820.810.760.820.7-0.40.820.870.91-0.7-0.460.910.620.910.830.90.730.24-0.910.51-0.420.290.890.730.6
1.01.00.991.00.970.031.00.980.83-0.85-0.050.950.840.870.830.950.880.56-0.840.79-0.70.360.980.930.84
0.950.940.90.930.86-0.270.940.990.95-0.79-0.351.00.740.970.90.950.760.39-0.950.65-0.560.350.990.910.68
0.890.880.890.910.880.210.90.810.62-0.770.150.770.860.660.730.880.760.56-0.640.75-0.670.30.820.750.95
0.560.60.580.550.670.610.540.420.11-0.790.520.370.850.230.240.560.390.56-0.190.95-0.98-0.110.420.330.64
-0.83-0.82-0.77-0.81-0.70.49-0.82-0.92-0.980.680.56-0.95-0.57-0.98-0.91-0.84-0.95-0.64-0.19-0.460.37-0.37-0.93-0.85-0.55
0.790.810.80.780.860.450.770.680.4-0.910.350.630.940.490.510.790.650.750.95-0.46-0.990.010.680.580.79
-0.7-0.73-0.71-0.69-0.78-0.49-0.68-0.58-0.30.88-0.39-0.54-0.92-0.4-0.42-0.7-0.56-0.67-0.980.37-0.990.08-0.58-0.48-0.72
0.370.340.360.40.26-0.130.410.370.39-0.11-0.120.360.090.380.290.360.350.3-0.11-0.370.010.080.380.460.35
0.980.970.940.960.9-0.170.970.990.92-0.81-0.250.990.760.950.890.980.990.820.42-0.930.68-0.580.380.940.75
0.930.910.90.920.87-0.110.930.950.85-0.71-0.180.920.660.870.730.930.910.750.33-0.850.58-0.480.460.940.7
0.850.850.880.870.890.390.860.740.49-0.770.330.690.820.540.60.840.680.950.64-0.550.79-0.720.350.750.7
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SBI Cards Account Relationship Matchups

SBI Cards fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets270.1B346.5B455.5B581.7B669.0B702.4B
Short Long Term Debt Total180.7B232.8B311.1B398.9B458.7B481.7B
Total Current Liabilities7.5B11.2B14.0B15.1B17.3B18.2B
Total Stockholder Equity63.0B77.5B98.3B120.8B139.0B145.9B
Property Plant And Equipment Net2.2B3.2B4.5B4.4B5.0B5.3B
Net Debt174.0B225.0B297.6B(23.9B)(27.5B)(26.2B)
Retained Earnings34.2B44.8B60.4B77.3B88.9B93.3B
Cash6.7B7.8B13.5B23.9B27.5B28.9B
Non Current Assets Total3.2B4.5B5.7B593.2B682.2B716.3B
Non Currrent Assets Other(3.2B)(4.5B)(5.7B)(42.0B)(37.8B)(35.9B)
Other Assets260.5B334.4B439.8B(38.8B)(44.6B)(42.4B)
Cash And Short Term Investments6.4B7.6B9.9B27.3B31.4B33.0B
Common Stock Shares Outstanding948.6M949.3M949M949.2M1.1B977.0M
Liabilities And Stockholders Equity270.1B346.5B455.5B581.7B669.0B702.4B
Non Current Liabilities Total46.9B63.5B83.0B825.4B949.2B996.7B
Other Stockholder Equity9.4B9.9B(8.3B)34.1B39.2B41.1B
Total Liab207.1B269.0B357.2B460.9B530.0B556.5B
Total Current Assets6.4B7.6B9.9B27.3B31.4B33.0B
Accumulated Other Comprehensive Income10.8B14.1B18.6B23.2B26.7B28.0B
Common Stock9.4B9.4B9.5B9.5B10.9B9.4B
Other Current Liab(5.0B)(4.4B)(5.3B)(15.1B)(17.3B)(18.2B)
Current Deferred Revenue3.7B4.4B5.3B(383.8B)(345.5B)(328.2B)
Accounts Payable8.8B11.2B14.0B15.1B17.3B18.2B
Net Receivables1.3B5.9B1.4B2.4B2.2B2.1B
Other Current Assets(16.8B)(24.6B)(25.9B)(29.7B)(34.2B)(35.9B)
Short Term Debt132.7B166.9B229.0B398.9B458.7B481.7B
Other Liab1.4B1.3B1.6B15.1B17.4B18.3B
Net Tangible Assets35.1B52.5B62.0B76.2B87.7B48.3B
Good Will4.0B2.2B2.5B3.5B4.1B2.6B
Inventory223.8B15.5B18.7B24.5B22.0B20.9B
Long Term Investments11.8B15.1B25.6B38.5B44.3B46.5B
Intangible Assets992.4M1.3B1.2B1.3B1.4B1.5B
Property Plant Equipment1.4B2.4B2.2B3.2B3.7B1.9B
Short Term Investments(290.4M)(268.3M)(3.6B)3.4B3.0B3.2B
Deferred Long Term Liab4.9B6.5B5.8B6.2B7.1B5.8B
Net Invested Capital243.7B307.4B409.4B519.8B597.7B316.2B
Capital Stock9.4B9.4B9.5B9.5B10.9B10.2B
Property Plant And Equipment Gross4.2B5.7B4.5B4.4B5.0B4.9B

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Other Information on Investing in SBI Stock

Balance Sheet is a snapshot of the financial position of SBI Cards at a specified time, usually calculated after every quarter, six months, or one year. SBI Cards Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SBI Cards 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 SBI currently owns. An asset can also be divided into two categories, current and non-current.