State Cash vs Total Current Liabilities Analysis

SBID Stock  USD 101.20  1.00  0.98%   
State Bank financial indicator trend analysis is much more than just breaking down State Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether State Bank is a good investment. Please check the relationship between State Bank Cash and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Total Current Liabilities

Cash vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Bank Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between State Bank's Cash and Total Current Liabilities is 0.78. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of State Bank of, assuming nothing else is changed. The correlation between historical values of State Bank's Cash and Total Current Liabilities 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 State Bank of are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., State Bank's Cash and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

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

Total Current Liabilities

Total Current Liabilities is an item on State Bank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of State Bank of are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from State Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into State Bank 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 State Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The value of Tax Provision is estimated to slide to about 124.5 B. The value of Selling General Administrative is expected to slide to about 42.1 B
 2021 2022 2023 2024 (projected)
Interest Income2.9T3.5T4.4T3.3T
Net Interest Income1.3T1.6T1.8T1.4T

State Bank fundamental ratios Correlations

-0.81.00.990.990.980.870.19-0.270.770.990.260.29-0.950.970.991.01.00.990.950.710.73-0.290.780.93
-0.8-0.8-0.71-0.79-0.7-0.72-0.260.04-0.85-0.77-0.2-0.290.91-0.85-0.74-0.8-0.77-0.74-0.91-0.43-0.330.29-0.51-0.65
1.0-0.80.981.00.990.840.21-0.240.780.990.270.21-0.930.970.991.00.990.980.950.690.72-0.210.730.91
0.99-0.710.980.981.00.880.12-0.350.730.990.180.28-0.910.920.990.990.990.970.890.760.82-0.280.820.95
0.99-0.791.00.980.980.80.28-0.170.740.990.30.16-0.920.970.990.990.990.980.950.630.69-0.160.710.89
0.98-0.70.991.00.980.840.17-0.30.720.990.190.19-0.890.921.00.980.990.970.890.730.81-0.190.780.92
0.87-0.720.840.880.80.84-0.16-0.590.730.86-0.080.62-0.890.770.840.870.870.810.760.850.81-0.620.940.95
0.19-0.260.210.120.280.17-0.160.87-0.180.180.4-0.4-0.220.280.20.190.20.230.28-0.55-0.340.4-0.140.01
-0.270.04-0.24-0.35-0.17-0.3-0.590.87-0.42-0.270.32-0.60.22-0.13-0.26-0.27-0.28-0.23-0.11-0.87-0.710.6-0.59-0.48
0.77-0.850.780.730.740.720.73-0.18-0.420.750.10.27-0.780.780.730.770.740.720.830.720.56-0.270.50.64
0.99-0.770.990.990.990.990.860.18-0.270.750.20.2-0.920.951.00.990.990.960.920.710.77-0.20.770.91
0.26-0.20.270.180.30.19-0.080.40.320.10.2-0.08-0.190.460.20.270.220.310.42-0.11-0.250.08-0.210.08
0.29-0.290.210.280.160.190.62-0.4-0.60.270.2-0.08-0.440.230.180.290.280.270.240.510.29-1.00.650.53
-0.950.91-0.93-0.91-0.92-0.89-0.89-0.220.22-0.78-0.92-0.19-0.44-0.93-0.91-0.95-0.94-0.91-0.95-0.62-0.590.44-0.78-0.89
0.97-0.850.970.920.970.920.770.28-0.130.780.950.460.23-0.930.930.970.950.950.990.590.56-0.230.620.83
0.99-0.740.990.990.991.00.840.2-0.260.731.00.20.18-0.910.930.980.980.970.910.70.78-0.180.770.91
1.0-0.81.00.990.990.980.870.19-0.270.770.990.270.29-0.950.970.981.00.990.950.70.72-0.290.770.93
1.0-0.770.990.990.990.990.870.2-0.280.740.990.220.28-0.940.950.981.00.990.930.710.75-0.280.80.94
0.99-0.740.980.970.980.970.810.23-0.230.720.960.310.27-0.910.950.970.990.990.930.670.7-0.270.750.92
0.95-0.910.950.890.950.890.760.28-0.110.830.920.420.24-0.950.990.910.950.930.930.560.51-0.240.60.8
0.71-0.430.690.760.630.730.85-0.55-0.870.720.71-0.110.51-0.620.590.70.70.710.670.560.91-0.510.790.8
0.73-0.330.720.820.690.810.81-0.34-0.710.560.77-0.250.29-0.590.560.780.720.750.70.510.91-0.290.840.83
-0.290.29-0.21-0.28-0.16-0.19-0.620.40.6-0.27-0.20.08-1.00.44-0.23-0.18-0.29-0.28-0.27-0.24-0.51-0.29-0.65-0.53
0.78-0.510.730.820.710.780.94-0.14-0.590.50.77-0.210.65-0.780.620.770.770.80.750.60.790.84-0.650.94
0.93-0.650.910.950.890.920.950.01-0.480.640.910.080.53-0.890.830.910.930.940.920.80.80.83-0.530.94
Click cells to compare fundamentals

State Bank Account Relationship Matchups

State Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.0T48.5T53.6T59.5T67.3T54.4T
Other Current Liab269.9B177.8B358.7B319.9B287.9B300.9B
Total Current Liabilities33.2T37.5T41.4T45.3T52.1T39.5T
Total Stockholder Equity2.5T2.8T3.1T3.6T4.1T3.3T
Other Liab2.9T3.8T4.5T5.3T6.1T3.8T
Net Tangible Assets2.5T2.7T3.0T3.6T4.1T3.0T
Retained Earnings1.2T1.4T1.7T2.1T720.2B684.2B
Accounts Payable32.7T37.2T40.9T44.7T328.6B312.2B
Cash4.2T5.3T4.0T3.2T6.0T4.6T
Other Assets24.5T26.2T28.9T34.0T39.1T28.8T
Inventory145.4M105.0M115.2M9.9M8.9M8.5M
Other Current Assets3.7T4.3T5.5T5.0T5.8T4.6T
Other Stockholder Equity490.5B523.5B583.7B707.1B813.1B574.5B
Total Liab39.4T45.6T50.4T55.8T63.0T51.0T
Net Invested Capital5.8T7.0T7.5T8.8T9.7T7.8T
Long Term Investments12.3T16.0T17.8T19.1T21.1T17.2T
Total Current Assets4.8T5.9T6.5T6.0T6.9T5.6T
Property Plant Equipment400.8B401.7B395.1B444.1B510.7B451.2B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in State Stock

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