SGF Long Term Debt vs Cash Analysis

SGF Stock

3.40 0.01 0.29%

SG Fleet financial indicator trend analysis is much more than just breaking down SG Fleet Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SG Fleet Group is a good investment. Please check the relationship between SG Fleet Long Term Debt and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SG Fleet Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SG Fleet Group Long Term Debt account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between SG Fleet's Long Term Debt and Cash is 0.71. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of SG Fleet Group, assuming nothing else is changed. The correlation between historical values of SG Fleet's Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of SG Fleet Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., SG Fleet's Long Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that SG Fleet Group has held for over one year. Long-term debt appears on SG Fleet Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on SG Fleet Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash

Cash refers to the most liquid asset of SG Fleet Group, which is listed under current asset account on SG Fleet Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SG Fleet customers. The amounts must be unrestricted with restricted cash listed in a different SG Fleet account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from SG Fleet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SG Fleet Group 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 SG Fleet Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 185 M in 2024, whereas Tax Provision is likely to drop slightly above 27.6 M in 2024.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	723.8M	829.8M	859.5M	902.5M
Research Development	22.3M	26.6M	30.6M	32.1M

Cost Of Revenue Research Development

SG Fleet fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total
Total Assets		0.83	1.0	0.82	0.99	0.89	0.99	0.94	-0.36	0.84	0.99	0.75	0.96	0.46	1.0	0.42	0.73	0.89	1.0	0.99	0.99	0.99	-0.19	0.93	0.93	1.0
Other Current Liab	0.83		0.82	0.93	0.8	0.78	0.81	0.75	-0.33	0.95	0.77	0.88	0.81	0.5	0.81	0.51	0.83	0.65	0.81	0.81	0.81	0.85	-0.42	0.73	0.89	0.81
Total Current Liabilities	1.0	0.82		0.81	0.99	0.88	0.99	0.93	-0.37	0.83	0.99	0.74	0.95	0.44	1.0	0.39	0.72	0.9	1.0	0.99	0.99	0.99	-0.18	0.93	0.92	0.99
Total Stockholder Equity	0.82	0.93	0.81		0.8	0.83	0.84	0.75	-0.22	0.94	0.75	0.94	0.81	0.52	0.8	0.67	0.94	0.62	0.79	0.81	0.79	0.86	-0.55	0.73	0.9	0.79
Other Liab	0.99	0.8	0.99	0.8		0.87	0.98	0.95	-0.36	0.81	0.99	0.71	0.94	0.4	0.99	0.42	0.7	0.92	0.99	0.99	0.99	0.98	-0.13	0.95	0.92	1.0
Retained Earnings	0.89	0.78	0.88	0.83	0.87		0.91	0.91	0.01	0.76	0.85	0.83	0.86	0.29	0.87	0.38	0.76	0.79	0.86	0.83	0.84	0.89	-0.34	0.89	0.78	0.86
Accounts Payable	0.99	0.81	0.99	0.84	0.98	0.91		0.93	-0.3	0.83	0.98	0.78	0.95	0.42	0.99	0.42	0.75	0.89	0.98	0.97	0.98	0.99	-0.24	0.93	0.92	0.98
Cash	0.94	0.75	0.93	0.75	0.95	0.91	0.93		-0.14	0.71	0.94	0.65	0.88	0.28	0.93	0.32	0.65	0.88	0.93	0.91	0.91	0.91	-0.03	1.0	0.82	0.94
Other Assets	-0.36	-0.33	-0.37	-0.22	-0.36	0.01	-0.3	-0.14		-0.42	-0.39	-0.09	-0.34	-0.46	-0.39	-0.19	-0.12	-0.31	-0.42	-0.45	-0.45	-0.38	-0.07	-0.16	-0.48	-0.41
Long Term Debt	0.84	0.95	0.83	0.94	0.81	0.76	0.83	0.71	-0.42		0.77	0.92	0.83	0.58	0.82	0.66	0.83	0.63	0.82	0.83	0.83	0.88	-0.52	0.7	0.93	0.82
Net Receivables	0.99	0.77	0.99	0.75	0.99	0.85	0.98	0.94	-0.39	0.77		0.65	0.93	0.36	0.99	0.3	0.65	0.93	0.99	0.98	0.99	0.96	-0.05	0.94	0.89	0.99
Good Will	0.75	0.88	0.74	0.94	0.71	0.83	0.78	0.65	-0.09	0.92	0.65		0.75	0.48	0.72	0.62	0.91	0.53	0.7	0.71	0.71	0.8	-0.71	0.62	0.79	0.7
Inventory	0.96	0.81	0.95	0.81	0.94	0.86	0.95	0.88	-0.34	0.83	0.93	0.75		0.62	0.96	0.48	0.73	0.75	0.96	0.96	0.96	0.97	-0.2	0.88	0.91	0.96
Other Current Assets	0.46	0.5	0.44	0.52	0.4	0.29	0.42	0.28	-0.46	0.58	0.36	0.48	0.62		0.45	0.62	0.48	0.02	0.46	0.51	0.48	0.53	-0.36	0.27	0.57	0.46
Total Liab	1.0	0.81	1.0	0.8	0.99	0.87	0.99	0.93	-0.39	0.82	0.99	0.72	0.96	0.45		0.4	0.7	0.9	1.0	0.99	1.0	0.99	-0.15	0.93	0.93	1.0
Intangible Assets	0.42	0.51	0.39	0.67	0.42	0.38	0.42	0.32	-0.19	0.66	0.3	0.62	0.48	0.62	0.4		0.6	0.16	0.39	0.47	0.39	0.52	-0.64	0.32	0.6	0.41
Common Stock	0.73	0.83	0.72	0.94	0.7	0.76	0.75	0.65	-0.12	0.83	0.65	0.91	0.73	0.48	0.7	0.6		0.52	0.69	0.71	0.69	0.78	-0.62	0.61	0.77	0.69
Property Plant Equipment	0.89	0.65	0.9	0.62	0.92	0.79	0.89	0.88	-0.31	0.63	0.93	0.53	0.75	0.02	0.9	0.16	0.52		0.9	0.87	0.89	0.84	0.04	0.89	0.77	0.89
Short Long Term Debt Total	1.0	0.81	1.0	0.79	0.99	0.86	0.98	0.93	-0.42	0.82	0.99	0.7	0.96	0.46	1.0	0.39	0.69	0.9		0.99	1.0	0.98	-0.12	0.93	0.92	1.0
Property Plant And Equipment Net	0.99	0.81	0.99	0.81	0.99	0.83	0.97	0.91	-0.45	0.83	0.98	0.71	0.96	0.51	0.99	0.47	0.71	0.87	0.99		0.99	0.99	-0.15	0.91	0.95	0.99
Net Debt	0.99	0.81	0.99	0.79	0.99	0.84	0.98	0.91	-0.45	0.83	0.99	0.71	0.96	0.48	1.0	0.39	0.69	0.89	1.0	0.99		0.98	-0.14	0.9	0.93	1.0
Non Current Assets Total	0.99	0.85	0.99	0.86	0.98	0.89	0.99	0.91	-0.38	0.88	0.96	0.8	0.97	0.53	0.99	0.52	0.78	0.84	0.98	0.99	0.98		-0.29	0.9	0.95	0.98
Non Currrent Assets Other	-0.19	-0.42	-0.18	-0.55	-0.13	-0.34	-0.24	-0.03	-0.07	-0.52	-0.05	-0.71	-0.2	-0.36	-0.15	-0.64	-0.62	0.04	-0.12	-0.15	-0.14	-0.29		0.01	-0.29	-0.12
Cash And Short Term Investments	0.93	0.73	0.93	0.73	0.95	0.89	0.93	1.0	-0.16	0.7	0.94	0.62	0.88	0.27	0.93	0.32	0.61	0.89	0.93	0.91	0.9	0.9	0.01		0.82	0.94
Common Stock Shares Outstanding	0.93	0.89	0.92	0.9	0.92	0.78	0.92	0.82	-0.48	0.93	0.89	0.79	0.91	0.57	0.93	0.6	0.77	0.77	0.92	0.95	0.93	0.95	-0.29	0.82		0.93
Non Current Liabilities Total	1.0	0.81	0.99	0.79	1.0	0.86	0.98	0.94	-0.41	0.82	0.99	0.7	0.96	0.46	1.0	0.41	0.69	0.89	1.0	0.99	1.0	0.98	-0.12	0.94	0.93

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SG Fleet Account Relationship Matchups

SG Fleet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	679.8M	831.9M	2.6B	2.8B	3.3B	3.5B
Other Current Liab	47.1M	64.9M	109.7M	106.7M	134.1M	68.5M
Total Current Liabilities	169.6M	190.7M	821.7M	938.8M	1.1B	1.2B
Total Stockholder Equity	270.2M	378.2M	545.9M	573.9M	590.7M	305.1M
Other Liab	72.0M	83.4M	184.2M	223.4M	256.9M	269.8M
Retained Earnings	101.5M	118.3M	130.1M	151.6M	192.3M	201.9M
Accounts Payable	70.0M	83.9M	214.4M	253.0M	283.4M	297.6M
Cash	111.1M	231.1M	230.4M	260.4M	390.9M	410.4M
Other Assets	51.3M	60.3M	89.2M	1.0	20.2M	38.8M
Long Term Debt	125.1M	125.8M	292.4M	300.8M	299.4M	152.8M
Net Receivables	54.7M	66.3M	632.7M	806.3M	1.1B	1.2B
Good Will	356.5M	357.9M	519.5M	524.0M	523.4M	340.7M
Inventory	16.3M	10.7M	47.2M	29.6M	43.5M	45.7M
Other Current Assets	9.2M	7.5M	459.0M	68.3M	35.6M	54.3M
Total Liab	409.5M	453.8M	2.1B	2.3B	2.8B	2.9B
Intangible Assets	405.8M	401.0M	631.0M	623.1M	90.2M	85.6M
Common Stock	290.6M	291.4M	376.7M	506.0M	503.9M	304.6M
Property Plant Equipment	15.3M	14.2M	36.3M	1.0B	1.2B	1.3B
Short Long Term Debt Total	195.0M	199.9M	1.5B	1.6B	2.0B	2.1B
Property Plant And Equipment Net	79.4M	108.3M	1.0B	1.0B	1.1B	1.2B
Net Debt	83.9M	(32.5M)	1.3B	1.4B	1.6B	1.7B
Non Current Assets Total	488.4M	516.3M	1.7B	1.7B	1.8B	1.8B
Non Currrent Assets Other	(356.5M)	(357.9M)	(525.2M)	(661.8M)	(20.2M)	(21.2M)
Cash And Short Term Investments	111.1M	231.1M	230.4M	260.4M	396.8M	416.7M
Common Stock Shares Outstanding	264.0M	270.3M	337.5M	343.9M	345.0M	307.6M
Liabilities And Stockholders Equity	679.8M	831.9M	2.6B	2.8B	3.3B	3.5B
Non Current Liabilities Total	240.0M	263.1M	1.2B	1.3B	1.6B	1.7B
Other Stockholder Equity	(392.8M)	(495.0M)	1.0	(657.5M)	(591.8M)	(562.2M)
Total Current Assets	191.4M	315.7M	931.3M	1.1B	1.6B	1.7B
Accumulated Other Comprehensive Income	(122.6M)	(116.8M)	(90.1M)	(83.7M)	(105.5M)	(110.7M)
Short Term Debt	31.1M	20.8M	449.5M	519.0M	587.1M	616.4M
Net Tangible Assets	(135.6M)	(22.8M)	(80.6M)	(49.3M)	(44.3M)	(46.6M)
Current Deferred Revenue	20.9M	21.1M	45.8M	57.0M	60.5M	63.5M
Property Plant And Equipment Gross	74.2M	120.3M	646.1M	1.2B	1.3B	1.4B
Long Term Debt Total	163.9M	179.1M	1.1B	1.1B	1.3B	1.3B
Non Current Liabilities Other	64.4M	74.3M	125.9M	2.3B	98.5M	93.6M
Capital Lease Obligations	69.9M	74.1M	1.2B	1.3B	1.7B	1.8B
Net Invested Capital	396.4M	504.0M	842.8M	573.9M	890.1M	602.5M

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