SBI Other Current Assets vs Non Current Liabilities Total 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 Other Current Assets and its Non Current Liabilities Total 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.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBI Life Insurance Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SBI Life's Other Current Assets and Non Current Liabilities Total is -0.1. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total 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 Other Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of SBI Life Insurance are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., SBI Life's Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Non Current Liabilities Total

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.