Sage Common Stock Total Equity vs Total Current Liabilities Analysis

SGE Stock   1,290  15.50  1.19%   
Sage Group financial indicator trend analysis is much more than just breaking down Sage Group PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sage Group PLC is a good investment. Please check the relationship between Sage Group Common Stock Total Equity and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sage Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Total Equity vs Total Current Liabilities

Common Stock Total Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sage Group PLC Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sage Group's Common Stock Total Equity and Total Current Liabilities is 0.72. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Sage Group PLC, assuming nothing else is changed. The correlation between historical values of Sage Group's Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Sage Group PLC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Sage Group's Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Current Liabilities

Total Current Liabilities is an item on Sage Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sage Group PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Sage Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sage Group PLC 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 Sage Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of December 22, 2024, Selling General Administrative is expected to decline to about 996.1 M. In addition to that, Discontinued Operations is expected to decline to about 28.3 M
 2021 2022 2023 2024 (projected)
Interest Expense31M44M43M45.2M
Depreciation And Amortization97M108M96M100.8M

Sage Group fundamental ratios Correlations

0.90.310.930.80.640.670.69-0.030.990.70.690.89-0.310.510.960.760.93-0.120.690.790.220.790.740.40.32
0.90.470.830.510.340.810.42-0.320.870.440.410.99-0.440.490.960.810.89-0.070.390.80.450.80.480.350.38
0.310.470.46-0.160.10.5-0.33-0.290.310.260.340.44-0.030.380.480.550.310.120.180.25-0.050.250.26-0.13-0.35
0.930.830.460.670.670.650.5-0.050.940.720.730.8-0.310.420.940.810.820.10.710.690.140.690.750.410.2
0.80.51-0.160.670.790.260.930.250.790.80.720.5-0.120.250.620.320.71-0.270.810.57-0.050.570.80.40.28
0.640.340.10.670.790.150.630.260.650.850.840.32-0.060.010.510.30.54-0.220.890.41-0.470.410.820.52-0.09
0.670.810.50.650.260.150.09-0.230.70.370.370.77-0.510.440.770.610.510.350.320.30.590.30.45-0.010.22
0.690.42-0.330.50.930.630.090.30.670.560.50.45-0.070.330.490.270.65-0.440.580.6-0.040.60.550.470.39
-0.03-0.32-0.29-0.050.250.26-0.230.30.080.310.36-0.230.060.33-0.17-0.02-0.240.030.33-0.3-0.37-0.30.26-0.14-0.01
0.990.870.310.940.790.650.70.670.080.730.720.87-0.380.530.950.780.86-0.030.720.710.220.710.750.380.33
0.70.440.260.720.80.850.370.560.310.730.920.42-0.060.250.60.380.540.010.970.33-0.240.330.980.14-0.02
0.690.410.340.730.720.840.370.50.360.720.920.390.020.30.590.370.52-0.010.950.29-0.320.290.930.08-0.23
0.890.990.440.80.50.320.770.45-0.230.870.420.39-0.420.570.950.850.89-0.140.360.830.420.830.440.340.43
-0.31-0.44-0.03-0.31-0.12-0.06-0.51-0.070.06-0.38-0.060.02-0.42-0.03-0.37-0.47-0.15-0.34-0.04-0.19-0.43-0.19-0.02-0.46-0.51
0.510.490.380.420.250.010.440.330.330.530.250.30.57-0.030.510.590.43-0.120.160.340.30.340.29-0.180.18
0.960.960.480.940.620.510.770.49-0.170.950.60.590.95-0.370.510.860.91-0.020.570.790.310.790.630.370.33
0.760.810.550.810.320.30.610.27-0.020.780.380.370.85-0.470.590.860.690.070.310.710.230.710.350.390.42
0.930.890.310.820.710.540.510.65-0.240.860.540.520.89-0.150.430.910.69-0.370.530.930.20.930.570.430.29
-0.12-0.070.120.1-0.27-0.220.35-0.440.03-0.030.01-0.01-0.14-0.34-0.12-0.020.07-0.370.01-0.480.34-0.480.04-0.30.03
0.690.390.180.710.810.890.320.580.330.720.970.950.36-0.040.160.570.310.530.010.31-0.30.310.960.17-0.1
0.790.80.250.690.570.410.30.6-0.30.710.330.290.83-0.190.340.790.710.93-0.480.310.131.00.320.580.39
0.220.45-0.050.14-0.05-0.470.59-0.04-0.370.22-0.24-0.320.42-0.430.30.310.230.20.34-0.30.130.13-0.13-0.160.56
0.790.80.250.690.570.410.30.6-0.30.710.330.290.83-0.190.340.790.710.93-0.480.311.00.130.320.580.39
0.740.480.260.750.80.820.450.550.260.750.980.930.44-0.020.290.630.350.570.040.960.32-0.130.320.07-0.05
0.40.35-0.130.410.40.52-0.010.47-0.140.380.140.080.34-0.46-0.180.370.390.43-0.30.170.58-0.160.580.070.37
0.320.38-0.350.20.28-0.090.220.39-0.010.33-0.02-0.230.43-0.510.180.330.420.290.03-0.10.390.560.39-0.050.37
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Sage Group Account Relationship Matchups

Sage Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.3B3.9B3.9B3.6B3.8B
Short Long Term Debt Total990M814M1.2B1.3B1.2B1.3B
Other Current Liab364M634M369M366M1.1B1.2B
Total Current Liabilities1.0B1.4B1.3B1.2B1.2B1.3B
Total Stockholder Equity1.7B1.1B1.4B1.4B1.1B757.7M
Property Plant And Equipment Net173M164M152M104M108M88.8M
Net Debt394M159M261M733M561M774.9M
Retained Earnings969M509M631M658M446M322.2M
Accounts Payable29M16M25M39M32M36.1M
Non Current Assets Total2.5B2.4B3.1B2.9B2.7B2.8B
Common Stock Shares Outstanding1.1B1.1B1.0B1.0B1.0B1.1B
Liabilities And Stockholders Equity3.7B3.3B3.9B3.9B3.6B3.8B
Non Current Liabilities Total1.0B838M1.2B1.3B1.3B1.4B
Total Liab2.1B2.2B2.5B2.5B2.5B2.7B
Property Plant And Equipment Gross173M319M311M305M350.8M368.3M
Total Current Assets1.2B888M836M1.1B928M974.4M
Short Term Debt(573M)65M178M14M15M9.1M
Cash831M553M489M696M508M533.4M
Non Currrent Assets Other(1.8B)(1.7B)171M183M172M180.6M
Cash And Short Term Investments831M553M489M696M508M533.4M
Intangible Assets245M2.2B2.1B2.7B219M208.1M
Other Liab81M78M89M129M116.1M62.0M
Long Term Debt877M667M966M1.2B1.3B1.4B
Net Receivables202M201M227M249M286.4M249.3M
Good Will2.0B1.9B2.4B2.2B2.1B1.8B
Property Plant Equipment117M173M164M152M174.8M136.6M
Current Deferred Revenue593M611M734M745M856.8M899.6M
Other Assets121M153M147M(49M)(56.4M)(53.5M)
Net Tangible Assets(824M)(522M)(956M)(1.3B)(1.2B)(1.2B)
Short Long Term Debt8M122M20M47M161M0.0
Net Invested Capital2.5B1.8B2.5B2.6B3.0B2.5B

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Other Information on Investing in Sage Stock

Balance Sheet is a snapshot of the financial position of Sage Group PLC at a specified time, usually calculated after every quarter, six months, or one year. Sage Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sage Group 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 Sage currently owns. An asset can also be divided into two categories, current and non-current.