| SFST Stock | | | USD 42.35 1.13 2.60% |
Southern First financial indicator trend analysis is much more than just breaking down Southern First Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern First Bancshares is a good investment. Please check the relationship between Southern First Non Currrent Assets Other and its Total Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Southern First Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Non Currrent Assets Other vs Total Current Assets
Non Currrent Assets Other vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Southern First Bancshares Non Currrent Assets Other account and
Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Southern First's Non Currrent Assets Other and Total Current Assets is -0.33. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Southern First Bancshares, assuming nothing else is changed. The correlation between historical values of Southern First's Non Currrent Assets Other and Total 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 Non Currrent Assets Other of Southern First Bancshares are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Southern First's Non Currrent Assets Other and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.33 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Southern First's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern First Bancshares 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 Southern First Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Southern First's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 27.47 in 2024, whereas
Tax Provision is likely to drop slightly above 3.8
M in 2024.
Southern First fundamental ratios Correlations
Click cells to compare fundamentals
Southern First Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern First fundamental ratios Accounts
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