SBI Non Current Liabilities Total vs Total Assets Analysis

SBILIFE Stock

1,438 9.15 0.64%

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 Non Current Liabilities Total and its Total Assets 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.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBI Life Insurance Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between SBI Life's Non Current Liabilities Total and Total Assets is 0.97. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets 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 Non Current Liabilities Total and Total 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 Non Current Liabilities Total of SBI Life Insurance are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., SBI Life's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of SBI Life 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 Life Insurance 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.

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 Expense	219.9M	248.4M	284.2M	298.4M
Depreciation And Amortization	749.0M	677.9M	762.3M	675.1M

Interest Expense Depreciation And Amortization

SBI Life fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Liab	Net Tangible Assets	Net Receivables	Long Term Investments
Total Assets		-0.06	0.89	0.88	0.65	-0.85	0.87	0.46	0.84	0.89	0.57	0.19	0.94	0.56	-0.03	0.97	-0.11	0.25	0.8	0.94	-0.07	0.55	0.99	0.85	0.39	0.99
Other Current Liab	-0.06		-0.11	-0.02	0.05	0.08	-0.01	-0.29	-0.08	-0.05	-0.01	-0.03	-0.17	-0.03	-0.19	0.05	-0.07	-0.61	0.17	-0.17	0.2	-0.03	-0.03	0.03	0.44	-0.01
Total Current Liabilities	0.89	-0.11		0.65	0.49	-0.99	0.64	0.14	0.99	0.99	0.86	-0.25	0.97	0.69	-0.1	0.84	-0.22	0.41	0.85	0.97	-0.16	0.69	0.82	0.59	0.17	0.87
Total Stockholder Equity	0.88	-0.02	0.65		0.77	-0.6	1.0	0.57	0.58	0.63	0.23	0.49	0.73	0.11	0.06	0.85	0.0	0.14	0.62	0.73	0.14	0.11	0.91	0.99	0.49	0.88
Property Plant And Equipment Net	0.65	0.05	0.49	0.77		-0.44	0.77	0.69	0.42	0.44	0.09	0.42	0.52	0.16	0.28	0.54	-0.17	0.25	0.55	0.52	0.48	0.16	0.69	0.78	0.74	0.71
Net Debt	-0.85	0.08	-0.99	-0.6	-0.44		-0.59	-0.05	-1.0	-0.99	-0.9	0.34	-0.95	-0.65	0.13	-0.79	0.21	-0.42	-0.83	-0.95	0.17	-0.65	-0.76	-0.54	-0.11	-0.82
Retained Earnings	0.87	-0.01	0.64	1.0	0.77	-0.59		0.58	0.57	0.62	0.22	0.5	0.72	0.11	0.06	0.85	0.0	0.12	0.61	0.72	0.15	0.1	0.91	0.99	0.49	0.88
Accounts Payable	0.46	-0.29	0.14	0.57	0.69	-0.05	0.58		0.05	0.08	-0.35	0.8	0.26	0.12	0.21	0.38	0.17	0.24	0.08	0.26	0.33	0.12	0.54	0.58	0.56	0.47
Cash	0.84	-0.08	0.99	0.58	0.42	-1.0	0.57	0.05		0.99	0.91	-0.35	0.95	0.7	-0.13	0.79	-0.21	0.42	0.83	0.95	-0.17	0.7	0.76	0.51	0.11	0.82
Non Current Assets Total	0.89	-0.05	0.99	0.63	0.44	-0.99	0.62	0.08	0.99		0.88	-0.27	0.97	0.7	-0.12	0.85	-0.23	0.34	0.87	0.97	-0.2	0.7	0.82	0.58	0.15	0.87
Non Currrent Assets Other	0.57	-0.01	0.86	0.23	0.09	-0.9	0.22	-0.35	0.91	0.88		-0.69	0.77	0.68	-0.2	0.54	-0.29	0.33	0.74	0.77	-0.31	0.68	0.46	0.17	-0.13	0.54
Other Assets	0.19	-0.03	-0.25	0.49	0.42	0.34	0.5	0.8	-0.35	-0.27	-0.69		-0.1	-0.33	0.2	0.21	0.25	-0.2	-0.18	-0.1	0.28	-0.33	0.32	0.54	0.49	0.22
Cash And Short Term Investments	0.94	-0.17	0.97	0.73	0.52	-0.95	0.72	0.26	0.95	0.97	0.77	-0.1		0.65	-0.08	0.89	-0.15	0.38	0.87	1.0	-0.18	0.65	0.89	0.68	0.24	0.91
Common Stock Shares Outstanding	0.56	-0.03	0.69	0.11	0.16	-0.65	0.11	0.12	0.7	0.7	0.68	-0.33	0.65		-0.11	0.53	-0.19	0.25	0.6	0.65	-0.19	1.0	0.49	0.06	0.15	0.53
Short Term Investments	-0.03	-0.19	-0.1	0.06	0.28	0.13	0.06	0.21	-0.13	-0.12	-0.2	0.2	-0.08	-0.11		-0.08	-0.04	0.14	-0.05	-0.08	0.14	-0.11	0.0	0.07	0.06	0.04
Non Current Liabilities Total	0.97	0.05	0.84	0.85	0.54	-0.79	0.85	0.38	0.79	0.85	0.54	0.21	0.89	0.53	-0.08		-0.1	0.06	0.77	0.89	-0.17	0.53	0.97	0.83	0.35	0.96
Other Current Assets	-0.11	-0.07	-0.22	0.0	-0.17	0.21	0.0	0.17	-0.21	-0.23	-0.29	0.25	-0.15	-0.19	-0.04	-0.1		0.05	-0.19	-0.15	0.32	-0.19	-0.09	-0.02	0.01	-0.14
Other Stockholder Equity	0.25	-0.61	0.41	0.14	0.25	-0.42	0.12	0.24	0.42	0.34	0.33	-0.2	0.38	0.25	0.14	0.06	0.05		0.21	0.38	-0.04	0.25	0.19	0.08	-0.03	0.25
Total Liab	0.8	0.17	0.85	0.62	0.55	-0.83	0.61	0.08	0.83	0.87	0.74	-0.18	0.87	0.6	-0.05	0.77	-0.19	0.21		0.87	-0.03	0.6	0.78	0.61	0.5	0.84
Total Current Assets	0.94	-0.17	0.97	0.73	0.52	-0.95	0.72	0.26	0.95	0.97	0.77	-0.1	1.0	0.65	-0.08	0.89	-0.15	0.38	0.87		-0.18	0.65	0.89	0.68	0.24	0.91
Intangible Assets	-0.07	0.2	-0.16	0.14	0.48	0.17	0.15	0.33	-0.17	-0.2	-0.31	0.28	-0.18	-0.19	0.14	-0.17	0.32	-0.04	-0.03	-0.18		-0.19	-0.03	0.15	0.46	-0.01
Common Stock	0.55	-0.03	0.69	0.11	0.16	-0.65	0.1	0.12	0.7	0.7	0.68	-0.33	0.65	1.0	-0.11	0.53	-0.19	0.25	0.6	0.65	-0.19		0.49	0.06	0.15	0.53
Other Liab	0.99	-0.03	0.82	0.91	0.69	-0.76	0.91	0.54	0.76	0.82	0.46	0.32	0.89	0.49	0.0	0.97	-0.09	0.19	0.78	0.89	-0.03	0.49		0.89	0.49	0.99
Net Tangible Assets	0.85	0.03	0.59	0.99	0.78	-0.54	0.99	0.58	0.51	0.58	0.17	0.54	0.68	0.06	0.07	0.83	-0.02	0.08	0.61	0.68	0.15	0.06	0.89		0.55	0.87
Net Receivables	0.39	0.44	0.17	0.49	0.74	-0.11	0.49	0.56	0.11	0.15	-0.13	0.49	0.24	0.15	0.06	0.35	0.01	-0.03	0.5	0.24	0.46	0.15	0.49	0.55		0.48
Long Term Investments	0.99	-0.01	0.87	0.88	0.71	-0.82	0.88	0.47	0.82	0.87	0.54	0.22	0.91	0.53	0.04	0.96	-0.14	0.25	0.84	0.91	-0.01	0.53	0.99	0.87	0.48

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SBI Life Account Relationship Matchups

SBI Life fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7T	2.3T	2.7T	3.1T	4.0T	4.2T
Other Current Liab	16.2B	25.3B	(20.8B)	(25.5B)	(8.8B)	(9.2B)
Total Current Liabilities	12.3B	14.5B	17.8B	22.1B	55.2B	57.9B
Total Stockholder Equity	87.4B	104.0B	116.2B	130.2B	149.1B	85.5B
Property Plant And Equipment Net	5.4B	5.5B	5.1B	5.1B	5.5B	5.1B
Net Debt	(9.1B)	(12.1B)	(10.3B)	(15.9B)	(47.4B)	(45.0B)
Retained Earnings	78.8B	90.9B	103.9B	118.6B	134.9B	73.1B
Accounts Payable	12.3B	14.5B	17.8B	22.1B	7.1B	14.2B
Cash	9.1B	12.1B	10.3B	15.9B	47.4B	49.8B
Non Current Assets Total	628.6B	809.6B	959.5B	1.1T	3.9T	4.1T
Non Currrent Assets Other	(628.6B)	(809.6B)	(959.5B)	(1.1T)	2.5T	2.6T
Other Assets	1.0T	1.4T	1.7T	2.0T	(51.1M)	(48.6M)
Cash And Short Term Investments	11.6B	15.4B	26.9B	23.4B	47.5B	49.8B
Common Stock Shares Outstanding	1.0B	1.0B	1.0B	1.0B	1.0B	1.1B
Short Term Investments	2.6B	3.3B	16.5B	7.5B	903.6M	858.4M
Liabilities And Stockholders Equity	1.7T	2.3T	2.7T	3.1T	4.0T	4.2T
Non Current Liabilities Total	1.5T	2.1T	2.6T	3.0T	3.8T	4.0T
Other Current Assets	121.6B	150.5B	207.3B	190.3B	47.5B	45.1B
Other Stockholder Equity	(1.4B)	40.6M	227.9M	575.3M	1.0B	1.1B
Total Liab	1.6T	2.2T	2.6T	22.1B	3.8T	4.0T
Total Current Assets	11.6B	15.4B	26.9B	23.4B	47.5B	49.8B
Accumulated Other Comprehensive Income	(1.4B)	3.1B	2.1B	946.3M	3.2B	3.3B
Intangible Assets	375.7M	201.3M	120.6M	134.7M	99.0M	94.1M
Common Stock	10.0B	10.0B	10.0B	10.0B	10.0B	11.0B
Other Liab	1.4T	1.5T	2.1T	2.6T	3.0T	3.1T
Net Tangible Assets	75.4B	87.1B	103.8B	116.1B	133.5B	76.2B
Net Receivables	8.0B	11.8B	8.7B	3.8B	4.4B	7.1B
Long Term Investments	622.8B	1.0T	1.2T	1.1T	1.7T	1.8T
Property Plant Equipment	5.4B	5.5B	5.1B	5.2B	6.0B	5.2B
Net Invested Capital	87.4B	104.0B	116.2B	130.2B	149.1B	114.4B
Capital Stock	10.0B	10.0B	10.0B	10.0B	10.0B	11.0B

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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.

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SBI Non Current Liabilities Total vs Total Assets Analysis

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Total Assets

SBI Life fundamental ratios Correlations

SBI Life Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SBI Life fundamental ratios Accounts

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Other Information on Investing in SBI Stock

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Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Common Stock Shares Outstanding
Other Liab	+ 0.99	Total Assets
Long Term Investments	+ 0.99	Total Assets
Cash	+ 0.99	Total Current Liabilities

Cash	- 1.0	Net Debt
Non Current Assets Total	- 0.99	Net Debt
Net Debt	- 0.99	Total Current Liabilities
Total Current Assets	- 0.95	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt
Non Currrent Assets Other	- 0.9	Net Debt