Sims Common Stock Shares Outstanding vs Accounts Payable Analysis

SGM Stock   13.37  0.19  1.44%   
Sims financial indicator trend analysis is much more than just breaking down Sims prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sims is a good investment. Please check the relationship between Sims Common Stock Shares Outstanding and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sims. 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.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sims Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Sims' Common Stock Shares Outstanding and Accounts Payable is 0.09. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sims, assuming nothing else is changed. The correlation between historical values of Sims' Common Stock Shares Outstanding and Accounts Payable 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 Shares Outstanding of Sims are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Sims' Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Sims obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sims are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Sims' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sims 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 Sims. 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.
Discontinued Operations is likely to gain to about 120.8 K in 2025, whereas Selling General Administrative is likely to drop slightly above 510.9 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense35.4M71.6M82.3M86.5M
Depreciation And Amortization224.9M231.6M266.3M279.7M

Sims fundamental ratios Correlations

0.850.890.950.720.960.820.740.070.620.070.990.170.510.920.450.830.620.960.910.980.190.75-0.210.430.46
0.850.870.880.390.810.750.960.340.32-0.250.850.270.240.70.40.90.370.960.930.830.590.33-0.27-0.010.27
0.890.870.980.440.820.960.810.150.3-0.110.890.360.470.860.520.910.30.940.870.920.350.51-0.170.130.32
0.950.880.980.550.870.930.820.190.48-0.10.950.350.430.930.510.920.480.970.90.970.290.6-0.190.230.42
0.720.390.440.550.720.420.25-0.190.850.350.7-0.120.50.660.090.370.830.560.550.68-0.230.8-0.150.860.37
0.960.810.820.870.720.730.67-0.120.540.230.94-0.070.620.80.370.70.510.910.910.910.170.75-0.350.460.24
0.820.750.960.930.420.730.670.160.24-0.010.810.340.550.830.520.840.250.850.760.880.190.49-0.070.110.37
0.740.960.810.820.250.670.670.440.26-0.490.770.450.00.650.410.920.320.890.820.740.710.21-0.16-0.120.33
0.070.340.150.19-0.19-0.120.160.440.03-0.510.10.5-0.380.050.170.410.150.210.150.130.26-0.440.08-0.560.39
0.620.320.30.480.850.540.240.260.030.090.610.080.140.660.090.350.970.470.460.61-0.240.71-0.120.740.51
0.07-0.25-0.11-0.10.350.23-0.01-0.49-0.510.09-0.02-0.770.82-0.06-0.18-0.410.02-0.10.050.04-0.670.32-0.310.4-0.31
0.990.850.890.950.70.940.810.770.10.61-0.020.250.440.920.480.870.610.950.880.970.250.75-0.150.420.51
0.170.270.360.35-0.12-0.070.340.450.50.08-0.770.25-0.450.360.370.60.110.250.080.240.46-0.030.37-0.210.54
0.510.240.470.430.50.620.550.0-0.380.140.820.44-0.450.390.140.150.090.40.480.51-0.360.52-0.30.38-0.11
0.920.70.860.930.660.80.830.650.050.66-0.060.920.360.390.50.820.650.860.770.950.10.79-0.030.470.59
0.450.40.520.510.090.370.520.410.170.09-0.180.480.370.140.50.540.070.450.350.470.210.320.15-0.010.38
0.830.90.910.920.370.70.840.920.410.35-0.410.870.60.150.820.540.390.910.790.860.530.40.00.030.54
0.620.370.30.480.830.510.250.320.150.970.020.610.110.090.650.070.390.490.470.61-0.140.63-0.020.680.59
0.960.960.940.970.560.910.850.890.210.47-0.10.950.250.40.860.450.910.490.960.950.40.56-0.260.20.36
0.910.930.870.90.550.910.760.820.150.460.050.880.080.480.770.350.790.470.960.90.360.5-0.450.190.16
0.980.830.920.970.680.910.880.740.130.610.040.970.240.510.950.470.860.610.950.90.160.72-0.190.380.48
0.190.590.350.29-0.230.170.190.710.26-0.24-0.670.250.46-0.360.10.210.53-0.140.40.360.16-0.20.07-0.380.03
0.750.330.510.60.80.750.490.21-0.440.710.320.75-0.030.520.790.320.40.630.560.50.72-0.2-0.020.840.45
-0.21-0.27-0.17-0.19-0.15-0.35-0.07-0.160.08-0.12-0.31-0.150.37-0.3-0.030.150.0-0.02-0.26-0.45-0.190.07-0.020.020.62
0.43-0.010.130.230.860.460.11-0.12-0.560.740.40.42-0.210.380.47-0.010.030.680.20.190.38-0.380.840.020.27
0.460.270.320.420.370.240.370.330.390.51-0.310.510.54-0.110.590.380.540.590.360.160.480.030.450.620.27
Click cells to compare fundamentals

Sims Account Relationship Matchups

Sims fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.7B4.4B4.7B4.9B5.6B5.9B
Short Long Term Debt Total557.1M701.7M804.8M949.3M1.1B1.1B
Other Current Liab342M422.4M445.3M792M910.8M956.3M
Total Current Liabilities850.7M1.0B1.1B1.4B1.6B1.7B
Total Stockholder Equity2.1B2.5B2.7B2.6B2.9B1.5B
Property Plant And Equipment Net1.4B1.6B1.7B1.6B1.9B2.0B
Current Deferred Revenue31.6M45M61.6M111.1M127.8M134.2M
Net Debt316.8M448.9M496.1M856.2M984.6M1.0B
Retained Earnings(821.6M)(371.4M)(349M)(478.6M)(430.7M)(409.2M)
Accounts Payable392.4M454M471.2M363.9M418.5M282.2M
Cash240.3M252.8M308.7M93.1M107.1M132.8M
Non Current Assets Total1.9B2.4B2.5B2.8B3.2B3.4B
Non Currrent Assets Other(134.7M)(161M)(145.7M)57.8M52.0M54.6M
Cash And Short Term Investments254.1M267.5M329.8M280.8M322.9M339.1M
Net Receivables467.9M498.9M478.9M617.3M709.9M745.4M
Liabilities And Stockholders Equity3.7B4.4B4.7B4.9B5.6B5.9B
Non Current Liabilities Total232M355.5M444.2M912.7M1.0B1.1B
Inventory639.5M763.8M707.6M603.7M694.3M399.3M
Total Liab1.6B1.9B2.0B2.3B2.7B2.8B
Property Plant And Equipment Gross2.7B3.0B3.3B3.0B3.5B3.7B
Total Current Assets1.5B1.8B2.0B2.1B2.4B2.6B
Accumulated Other Comprehensive Income212.9M325.7M430.1M448M515.2M541.0M
Common Stock2.7B2.6B2.6B2.6B3.0B1.6B
Good Will79.9M102.5M111.3M197.8M227.5M286.0M
Intangible Assets13.1M30.7M36.7M103.5M93.2M130.2M
Short Term Investments3M700K1.2M187.7M215.9M226.6M
Other Current Assets171.8M241.8M445.1M618.9M711.7M747.3M
Other Liab278.3M289.4M249.7M232.8M267.7M281.1M
Other Assets239.5M261.3M248.8M1.01.151.09
Long Term Debt232M355.5M444.2M505M580.8M609.8M
Property Plant Equipment1.5B1.4B1.6B1.7B2.0B2.1B
Net Tangible Assets1.9B2.0B2.4B2.5B2.9B2.1B
Long Term Investments452.1M693.4M632.5M613.4M705.4M419.3M
Long Term Debt Total409.9M488.6M627M722.7M831.1M872.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Sims Stock Analysis

When running Sims' price analysis, check to measure Sims' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sims is operating at the current time. Most of Sims' value examination focuses on studying past and present price action to predict the probability of Sims' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sims' price. Additionally, you may evaluate how the addition of Sims to your portfolios can decrease your overall portfolio volatility.