SBI Total Assets vs Total Current Assets Analysis

SBICARD Stock   675.30  3.90  0.57%   
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 Total Assets and its Total 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.

Total Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBI Cards Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SBI Cards' Total Assets and Total Current Assets is 0.92. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total 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' Total Assets and Total 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 Total Assets of SBI Cards and are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., SBI Cards' Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of SBI Cards 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 SBI Cards 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.

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.
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 8.5 B, whereas Tax Provision is forecasted to decline to about 5.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit67.2B87.7B66.6B45.3B
Total Revenue86.4B112.7B110.9B59.1B

SBI Cards fundamental ratios Correlations

1.00.991.00.960.251.00.960.72-0.840.180.920.80.790.731.00.920.880.62-0.760.79-0.720.330.970.90.86
1.00.980.990.960.280.990.950.7-0.860.20.910.830.770.711.00.910.880.67-0.750.83-0.760.290.950.880.86
0.990.980.990.990.360.990.930.63-0.820.30.870.80.70.660.980.870.90.64-0.680.8-0.720.310.920.860.9
1.00.990.990.960.281.00.940.69-0.830.220.90.790.760.730.990.890.910.61-0.730.78-0.70.360.950.880.89
0.960.960.990.960.440.960.890.55-0.860.370.820.850.640.580.960.820.890.72-0.60.86-0.80.20.880.810.89
0.250.280.360.280.440.260.01-0.48-0.260.99-0.120.55-0.38-0.30.24-0.120.50.660.430.57-0.58-0.090.00.00.53
1.00.990.991.00.960.260.950.71-0.820.190.910.780.780.731.00.910.890.6-0.750.77-0.690.380.960.90.88
0.960.950.930.940.890.010.950.86-0.79-0.070.990.670.910.80.970.990.740.47-0.890.67-0.590.340.990.940.73
0.720.70.630.690.55-0.480.710.86-0.54-0.550.920.320.990.860.730.920.420.08-0.990.3-0.220.360.870.810.39
-0.84-0.86-0.82-0.83-0.86-0.26-0.82-0.79-0.54-0.18-0.77-0.9-0.65-0.65-0.85-0.78-0.75-0.810.63-0.90.88-0.06-0.81-0.68-0.74
0.180.20.30.220.370.990.19-0.07-0.55-0.18-0.20.46-0.46-0.360.17-0.20.460.570.50.48-0.49-0.07-0.07-0.060.49
0.920.910.870.90.82-0.120.910.990.92-0.77-0.20.620.950.860.931.00.680.41-0.940.62-0.540.320.980.90.66
0.80.830.80.790.850.550.780.670.32-0.90.460.620.450.460.80.640.780.96-0.40.99-0.99-0.020.680.530.76
0.790.770.70.760.64-0.380.780.910.99-0.65-0.460.950.450.850.80.960.490.23-0.990.43-0.360.350.910.850.46
0.730.710.660.730.58-0.30.730.80.86-0.65-0.360.860.460.850.730.850.620.24-0.880.45-0.380.220.820.650.53
1.01.00.980.990.960.241.00.970.73-0.850.170.930.80.80.730.930.870.63-0.770.8-0.720.320.970.90.85
0.920.910.870.890.82-0.120.910.990.92-0.78-0.21.00.640.960.850.930.670.44-0.940.63-0.560.310.980.90.65
0.880.880.90.910.890.50.890.740.42-0.750.460.680.780.490.620.870.670.64-0.480.78-0.710.240.770.660.95
0.620.670.640.610.720.660.60.470.08-0.810.570.410.960.230.240.630.440.64-0.180.97-0.99-0.120.470.340.66
-0.76-0.75-0.68-0.73-0.60.43-0.75-0.89-0.990.630.5-0.94-0.4-0.99-0.88-0.77-0.94-0.48-0.18-0.390.31-0.34-0.9-0.83-0.45
0.790.830.80.780.860.570.770.670.3-0.90.480.620.990.430.450.80.630.780.97-0.39-0.99-0.050.670.530.77
-0.72-0.76-0.72-0.7-0.8-0.58-0.69-0.59-0.220.88-0.49-0.54-0.99-0.36-0.38-0.72-0.56-0.71-0.990.31-0.990.12-0.59-0.45-0.71
0.330.290.310.360.2-0.090.380.340.36-0.06-0.070.32-0.020.350.220.320.310.24-0.12-0.34-0.050.120.350.430.31
0.970.950.920.950.880.00.960.990.87-0.81-0.070.980.680.910.820.970.980.770.47-0.90.67-0.590.350.940.74
0.90.880.860.880.810.00.90.940.81-0.68-0.060.90.530.850.650.90.90.660.34-0.830.53-0.450.430.940.66
0.860.860.90.890.890.530.880.730.39-0.740.490.660.760.460.530.850.650.950.66-0.450.77-0.710.310.740.66
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SBI Cards Account Relationship Matchups

SBI Cards fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets253.0B270.1B346.5B455.5B581.7B610.8B
Short Long Term Debt Total173.6B180.7B232.8B311.1B398.9B418.9B
Total Current Liabilities7.2B7.5B11.2B14.0B15.1B15.8B
Total Stockholder Equity53.4B63.0B77.5B98.3B120.8B126.9B
Property Plant And Equipment Net2.4B2.2B3.2B4.5B4.4B4.6B
Net Debt168.1B174.0B225.0B297.6B(23.9B)(22.7B)
Retained Earnings27.2B34.2B44.8B60.4B77.3B81.1B
Cash5.5B6.7B7.8B13.5B23.9B25.1B
Non Current Assets Total3.3B3.2B4.5B5.7B593.2B622.9B
Non Currrent Assets Other(3.3B)(3.2B)(4.5B)(5.7B)(42.0B)(39.9B)
Other Assets244.5B260.5B334.4B439.8B(38.8B)(36.9B)
Cash And Short Term Investments5.2B6.4B7.6B9.9B27.3B28.7B
Common Stock Shares Outstanding942M948.6M949.3M949M949.2M977.0M
Liabilities And Stockholders Equity253.0B270.1B346.5B455.5B581.7B610.8B
Non Current Liabilities Total30.8B46.9B63.5B83.0B825.4B866.7B
Other Stockholder Equity9.0B9.4B9.9B(8.3B)34.1B35.8B
Total Liab199.6B207.1B269.0B357.2B460.9B483.9B
Total Current Assets5.2B6.4B7.6B9.9B27.3B28.7B
Accumulated Other Comprehensive Income(1.2B)10.8B14.1B18.6B23.2B24.4B
Common Stock9.4B9.4B9.4B9.5B9.5B9.4B
Other Current Liab(10.5B)(5.0B)(4.4B)(5.3B)(15.1B)(15.8B)
Current Deferred Revenue3.3B3.7B4.4B5.3B(383.8B)(364.6B)
Accounts Payable7.2B8.8B11.2B14.0B15.1B15.8B
Net Receivables2.3B1.3B5.9B1.4B2.4B2.3B
Other Current Assets(226.1B)(16.8B)(24.6B)(25.9B)(29.7B)(31.2B)
Short Term Debt143.7B132.7B166.9B229.0B398.9B418.9B
Other Liab1.4B1.3B1.6B15.1B17.4B18.3B
Net Tangible Assets35.1B52.5B62.0B76.2B87.7B48.3B
Good Will2.8B4.0B2.2B2.5B3.5B2.6B
Inventory223.8B15.5B18.7B24.5B22.0B20.9B
Long Term Investments14.6M11.8B15.1B25.6B38.5B40.4B
Intangible Assets902.7M992.4M1.3B1.2B1.3B656.3M
Property Plant Equipment1.4B2.4B2.2B3.2B3.7B1.9B
Short Term Investments(349.3M)(290.4M)(268.3M)(3.6B)3.4B3.5B
Deferred Long Term Liab4.9B6.5B5.8B6.2B7.1B5.8B
Net Invested Capital225.3B243.7B307.4B409.4B519.8B316.2B
Capital Stock9.4B9.4B9.4B9.5B9.5B10.2B

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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.