SBI Total Stockholder Equity vs Other Current Assets Analysis

SBILIFE Stock   1,476  10.75  0.73%   
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 Total Stockholder Equity and its Other Current 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.

Total Stockholder Equity vs Other Current Assets

Total Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBI Life Insurance Total Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SBI Life's Total Stockholder Equity and Other Current Assets is -0.16. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current 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 Total Stockholder Equity and Other 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 Stockholder Equity of SBI Life Insurance are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Stockholder Equity i.e., SBI Life's Total Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.
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.
At present, SBI Life's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense248.4M284.2M326.8M343.2M
Depreciation And Amortization677.9M762.3M876.6M675.1M

SBI Life fundamental ratios Correlations

-0.090.930.990.68-0.890.990.280.90.930.72-0.020.960.71-0.080.98-0.190.370.870.960.00.710.970.830.590.99
-0.09-0.13-0.060.030.1-0.05-0.28-0.1-0.08-0.05-0.01-0.17-0.06-0.180.01-0.06-0.60.1-0.170.2-0.07-0.060.010.39-0.04
0.93-0.130.890.56-0.980.890.01.01.00.92-0.380.980.81-0.140.89-0.280.50.910.98-0.050.810.820.620.460.91
0.99-0.060.890.75-0.851.00.370.860.890.650.070.930.67-0.050.97-0.160.340.850.930.10.670.980.870.660.99
0.680.030.560.75-0.550.760.550.520.530.280.270.590.390.220.6-0.220.320.610.590.440.390.740.830.830.73
-0.890.1-0.98-0.85-0.55-0.840.08-0.98-0.97-0.920.42-0.95-0.710.16-0.850.27-0.5-0.87-0.950.07-0.71-0.77-0.62-0.44-0.87
0.99-0.050.891.00.76-0.840.380.850.880.640.080.920.66-0.050.97-0.160.330.840.920.110.660.990.870.660.99
0.28-0.280.00.370.550.080.38-0.07-0.05-0.370.810.1-0.110.220.220.20.18-0.030.10.39-0.110.450.470.360.29
0.9-0.11.00.860.52-0.980.85-0.070.990.94-0.450.970.82-0.160.86-0.280.50.90.97-0.060.820.770.570.420.87
0.93-0.081.00.890.53-0.970.88-0.050.990.93-0.390.980.81-0.160.9-0.290.440.920.98-0.080.810.810.620.450.91
0.72-0.050.920.650.28-0.920.64-0.370.940.93-0.710.860.79-0.220.69-0.340.440.830.86-0.170.790.540.320.250.69
-0.02-0.01-0.380.070.270.420.080.81-0.45-0.39-0.71-0.27-0.420.220.010.29-0.27-0.32-0.270.22-0.420.210.390.240.01
0.96-0.170.980.930.59-0.950.920.10.970.980.86-0.270.78-0.120.92-0.230.470.921.0-0.070.780.870.690.50.94
0.71-0.060.810.670.39-0.710.66-0.110.820.810.79-0.420.78-0.150.68-0.250.370.740.78-0.071.00.60.410.320.68
-0.08-0.18-0.14-0.050.220.16-0.050.22-0.16-0.16-0.220.22-0.12-0.15-0.12-0.020.1-0.1-0.120.12-0.15-0.030.03-0.02-0.03
0.980.010.890.970.6-0.850.970.220.860.90.690.010.920.68-0.12-0.180.210.840.92-0.080.670.960.820.560.97
-0.19-0.06-0.28-0.16-0.220.27-0.160.2-0.28-0.29-0.340.29-0.23-0.25-0.02-0.18-0.01-0.26-0.230.29-0.25-0.14-0.08-0.11-0.22
0.37-0.60.50.340.32-0.50.330.180.50.440.44-0.270.470.370.10.21-0.010.340.470.00.370.280.170.130.36
0.870.10.910.850.61-0.870.84-0.030.90.920.83-0.320.920.74-0.10.84-0.260.340.920.050.740.80.640.690.89
0.96-0.170.980.930.59-0.950.920.10.970.980.86-0.271.00.78-0.120.92-0.230.470.92-0.070.780.870.690.50.94
0.00.2-0.050.10.440.070.110.39-0.06-0.08-0.170.22-0.07-0.070.12-0.080.290.00.05-0.07-0.070.060.120.370.05
0.71-0.070.810.670.39-0.710.66-0.110.820.810.79-0.420.781.0-0.150.67-0.250.370.740.78-0.070.60.410.320.68
0.97-0.060.820.980.74-0.770.990.450.770.810.540.210.870.6-0.030.96-0.140.280.80.870.060.60.90.680.98
0.830.010.620.870.83-0.620.870.470.570.620.320.390.690.410.030.82-0.080.170.640.690.120.410.90.750.85
0.590.390.460.660.83-0.440.660.360.420.450.250.240.50.32-0.020.56-0.110.130.690.50.370.320.680.750.66
0.99-0.040.910.990.73-0.870.990.290.870.910.690.010.940.68-0.030.97-0.220.360.890.940.050.680.980.850.66
Click cells to compare fundamentals

SBI Life Account Relationship Matchups

SBI Life fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.3T2.7T3.1T4.0T4.6T4.8T
Other Current Liab25.3B(20.8B)(25.5B)(8.8B)(10.1B)(10.6B)
Total Current Liabilities14.5B17.8B22.1B55.2B63.4B66.6B
Total Stockholder Equity104.0B116.2B130.2B149.1B171.4B180.0B
Property Plant And Equipment Net5.5B5.1B5.1B5.5B6.3B5.1B
Net Debt(12.1B)(10.3B)(15.9B)(47.4B)(42.7B)(40.5B)
Retained Earnings90.9B103.9B118.6B134.9B155.1B162.9B
Accounts Payable14.5B17.8B22.1B7.1B8.2B14.2B
Cash12.1B10.3B15.9B47.4B54.5B57.2B
Non Current Assets Total809.6B959.5B1.1T3.9T4.5T4.8T
Non Currrent Assets Other(809.6B)(959.5B)(1.1T)2.5T2.9T3.0T
Other Assets1.4T1.7T2.0T(51.1M)(58.8M)(55.9M)
Cash And Short Term Investments15.4B26.9B23.4B47.5B54.6B57.3B
Common Stock Shares Outstanding1.0B1.0B1.0B1.0B1.2B1.1B
Short Term Investments3.3B16.5B7.5B903.6M1.0B987.1M
Liabilities And Stockholders Equity2.3T2.7T3.1T4.0T4.6T4.8T
Non Current Liabilities Total2.1T2.6T3.0T3.8T4.4T4.6T
Other Current Assets150.5B207.3B190.3B47.5B42.7B40.6B
Other Stockholder Equity40.6M227.9M575.3M1.0B1.2B1.2B
Total Liab2.2T2.6T22.1B3.8T4.4T4.6T
Total Current Assets15.4B26.9B23.4B47.5B54.6B57.3B
Accumulated Other Comprehensive Income3.1B2.1B946.3M3.2B3.7B3.9B
Intangible Assets201.3M120.6M134.7M99.0M113.9M216.1M
Common Stock10.0B10.0B10.0B10.0B11.5B11.0B
Other Liab1.4T1.5T2.1T2.6T3.0T3.1T
Net Tangible Assets75.4B87.1B103.8B116.1B133.5B76.2B
Net Receivables11.8B8.7B3.8B8.0B9.2B7.2B
Long Term Investments1.0T1.2T1.1T1.7T2.0T2.0T
Property Plant Equipment5.4B5.5B5.1B5.2B6.0B5.2B
Net Invested Capital104.0B116.2B130.2B149.1B171.4B114.4B
Capital Stock10.0B10.0B10.0B10.0B11.5B11.0B
Property Plant And Equipment Gross9.3B9.3B9.6B10.0B11.5B10.3B

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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.