SBI Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

SBILIFE Stock   1,429  76.80  5.10%   
SBI Life financial indicator trend analysis is much more than just breaking down SBI Life Insurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBI Life Insurance is a good investment. Please check the relationship between SBI Life Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBI Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBI Life Insurance Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between SBI Life's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.65. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of SBI Life Insurance, assuming nothing else is changed. The correlation between historical values of SBI Life's Cash And Short Term Investments and Common Stock Shares Outstanding 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 And Short Term Investments of SBI Life Insurance are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., SBI Life's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of SBI Life Insurance balance sheet. This account contains SBI Life investments that will expire within one year. These investments include stocks and bonds that can be liquidated by SBI Life Insurance fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from SBI Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBI Life Insurance 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 Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The current year's Issuance Of Capital Stock is expected to grow to about 452 M, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense219.9M248.4M284.2M298.4M
Depreciation And Amortization749.0M677.9M762.3M675.1M

SBI Life fundamental ratios Correlations

-0.060.890.880.65-0.850.870.460.840.890.570.190.940.56-0.030.97-0.110.250.80.94-0.070.550.990.850.390.99
-0.06-0.11-0.020.050.08-0.01-0.29-0.08-0.05-0.01-0.03-0.17-0.03-0.190.05-0.07-0.610.17-0.170.2-0.03-0.030.030.44-0.01
0.89-0.110.650.49-0.990.640.140.990.990.86-0.250.970.69-0.10.84-0.220.410.850.97-0.160.690.820.590.170.87
0.88-0.020.650.77-0.61.00.570.580.630.230.490.730.110.060.850.00.140.620.730.140.110.910.990.490.88
0.650.050.490.77-0.440.770.690.420.440.090.420.520.160.280.54-0.170.250.550.520.480.160.690.780.740.71
-0.850.08-0.99-0.6-0.44-0.59-0.05-1.0-0.99-0.90.34-0.95-0.650.13-0.790.21-0.42-0.83-0.950.17-0.65-0.76-0.54-0.11-0.82
0.87-0.010.641.00.77-0.590.580.570.620.220.50.720.110.060.850.00.120.610.720.150.10.910.990.490.88
0.46-0.290.140.570.69-0.050.580.050.08-0.350.80.260.120.210.380.170.240.080.260.330.120.540.580.560.47
0.84-0.080.990.580.42-1.00.570.050.990.91-0.350.950.7-0.130.79-0.210.420.830.95-0.170.70.760.510.110.82
0.89-0.050.990.630.44-0.990.620.080.990.88-0.270.970.7-0.120.85-0.230.340.870.97-0.20.70.820.580.150.87
0.57-0.010.860.230.09-0.90.22-0.350.910.88-0.690.770.68-0.20.54-0.290.330.740.77-0.310.680.460.17-0.130.54
0.19-0.03-0.250.490.420.340.50.8-0.35-0.27-0.69-0.1-0.330.20.210.25-0.2-0.18-0.10.28-0.330.320.540.490.22
0.94-0.170.970.730.52-0.950.720.260.950.970.77-0.10.65-0.080.89-0.150.380.871.0-0.180.650.890.680.240.91
0.56-0.030.690.110.16-0.650.110.120.70.70.68-0.330.65-0.110.53-0.190.250.60.65-0.191.00.490.060.150.53
-0.03-0.19-0.10.060.280.130.060.21-0.13-0.12-0.20.2-0.08-0.11-0.08-0.040.14-0.05-0.080.14-0.110.00.070.060.04
0.970.050.840.850.54-0.790.850.380.790.850.540.210.890.53-0.08-0.10.060.770.89-0.170.530.970.830.350.96
-0.11-0.07-0.220.0-0.170.210.00.17-0.21-0.23-0.290.25-0.15-0.19-0.04-0.10.05-0.19-0.150.32-0.19-0.09-0.020.01-0.14
0.25-0.610.410.140.25-0.420.120.240.420.340.33-0.20.380.250.140.060.050.210.38-0.040.250.190.08-0.030.25
0.80.170.850.620.55-0.830.610.080.830.870.74-0.180.870.6-0.050.77-0.190.210.87-0.030.60.780.610.50.84
0.94-0.170.970.730.52-0.950.720.260.950.970.77-0.11.00.65-0.080.89-0.150.380.87-0.180.650.890.680.240.91
-0.070.2-0.160.140.480.170.150.33-0.17-0.2-0.310.28-0.18-0.190.14-0.170.32-0.04-0.03-0.18-0.19-0.030.150.46-0.01
0.55-0.030.690.110.16-0.650.10.120.70.70.68-0.330.651.0-0.110.53-0.190.250.60.65-0.190.490.060.150.53
0.99-0.030.820.910.69-0.760.910.540.760.820.460.320.890.490.00.97-0.090.190.780.89-0.030.490.890.490.99
0.850.030.590.990.78-0.540.990.580.510.580.170.540.680.060.070.83-0.020.080.610.680.150.060.890.550.87
0.390.440.170.490.74-0.110.490.560.110.15-0.130.490.240.150.060.350.01-0.030.50.240.460.150.490.550.48
0.99-0.010.870.880.71-0.820.880.470.820.870.540.220.910.530.040.96-0.140.250.840.91-0.010.530.990.870.48
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SBI Life Account Relationship Matchups

SBI Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7T2.3T2.7T3.1T4.0T4.2T
Other Current Liab16.2B25.3B(20.8B)(25.5B)(8.8B)(9.2B)
Total Current Liabilities12.3B14.5B17.8B22.1B55.2B57.9B
Total Stockholder Equity87.4B104.0B116.2B130.2B149.1B85.5B
Property Plant And Equipment Net5.4B5.5B5.1B5.1B5.5B5.1B
Net Debt(9.1B)(12.1B)(10.3B)(15.9B)(47.4B)(45.0B)
Retained Earnings78.8B90.9B103.9B118.6B134.9B73.1B
Accounts Payable12.3B14.5B17.8B22.1B7.1B14.2B
Cash9.1B12.1B10.3B15.9B47.4B49.8B
Non Current Assets Total628.6B809.6B959.5B1.1T3.9T4.1T
Non Currrent Assets Other(628.6B)(809.6B)(959.5B)(1.1T)2.5T2.6T
Other Assets1.0T1.4T1.7T2.0T(51.1M)(48.6M)
Cash And Short Term Investments11.6B15.4B26.9B23.4B47.5B49.8B
Common Stock Shares Outstanding1.0B1.0B1.0B1.0B1.0B1.1B
Short Term Investments2.6B3.3B16.5B7.5B903.6M858.4M
Liabilities And Stockholders Equity1.7T2.3T2.7T3.1T4.0T4.2T
Non Current Liabilities Total1.5T2.1T2.6T3.0T3.8T4.0T
Other Current Assets121.6B150.5B207.3B190.3B47.5B45.1B
Other Stockholder Equity(1.4B)40.6M227.9M575.3M1.0B1.1B
Total Liab1.6T2.2T2.6T22.1B3.8T4.0T
Total Current Assets11.6B15.4B26.9B23.4B47.5B49.8B
Accumulated Other Comprehensive Income(1.4B)3.1B2.1B946.3M3.2B3.3B
Intangible Assets375.7M201.3M120.6M134.7M99.0M94.1M
Common Stock10.0B10.0B10.0B10.0B10.0B11.0B
Other Liab1.4T1.5T2.1T2.6T3.0T3.1T
Net Tangible Assets75.4B87.1B103.8B116.1B133.5B76.2B
Net Receivables8.0B11.8B8.7B3.8B4.4B7.1B
Long Term Investments622.8B1.0T1.2T1.1T1.7T1.8T
Property Plant Equipment5.4B5.5B5.1B5.2B6.0B5.2B
Net Invested Capital87.4B104.0B116.2B130.2B149.1B114.4B
Capital Stock10.0B10.0B10.0B10.0B10.0B11.0B

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Other Information on Investing in SBI Stock

Balance Sheet is a snapshot of the financial position of SBI Life Insurance at a specified time, usually calculated after every quarter, six months, or one year. SBI Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SBI Life 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.