Sims Extraordinary Items vs Income Tax Expense Analysis
SGM Stock | 13.07 0.27 2.11% |
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 Extraordinary Items and its Income Tax Expense 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.
Extraordinary Items vs Income Tax Expense
Extraordinary Items vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sims Extraordinary Items account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sims' Extraordinary Items and Income Tax Expense is 0.38. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Sims, assuming nothing else is changed. The correlation between historical values of Sims' Extraordinary Items and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Sims are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Extraordinary Items i.e., Sims' Extraordinary Items and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Extraordinary Items
Income Tax Expense
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 2024, whereas Selling General Administrative is likely to drop slightly above 510.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 36.5M | 35.4M | 71.6M | 75.2M | Depreciation And Amortization | 222.3M | 224.9M | 231.6M | 243.2M |
Sims fundamental ratios Correlations
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Sims Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sims fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2B | 3.7B | 4.4B | 4.7B | 4.9B | 5.1B | |
Short Long Term Debt Total | 480.4M | 557.1M | 701.7M | 804.8M | 949.3M | 996.8M | |
Other Current Liab | 217.7M | 342M | 422.4M | 445.3M | 792M | 831.6M | |
Total Current Liabilities | 535.6M | 850.7M | 1.0B | 1.1B | 1.4B | 1.5B | |
Total Stockholder Equity | 2.0B | 2.1B | 2.5B | 2.7B | 2.6B | 1.5B | |
Property Plant And Equipment Net | 1.5B | 1.4B | 1.6B | 1.7B | 1.6B | 1.7B | |
Current Deferred Revenue | 18.9M | 31.6M | 45M | 61.6M | 111.1M | 116.7M | |
Net Debt | 253.1M | 316.8M | 448.9M | 496.1M | 856.2M | 899.0M | |
Retained Earnings | (1.0B) | (821.6M) | (371.4M) | (349M) | (478.6M) | (454.7M) | |
Accounts Payable | 223.9M | 392.4M | 454M | 471.2M | 363.9M | 282.2M | |
Cash | 227.3M | 240.3M | 252.8M | 308.7M | 93.1M | 132.8M | |
Non Current Assets Total | 1.9B | 1.9B | 2.4B | 2.5B | 2.8B | 2.9B | |
Non Currrent Assets Other | (221.9M) | (134.7M) | (161M) | (145.7M) | 57.8M | 60.7M | |
Cash And Short Term Investments | 243.1M | 254.1M | 267.5M | 329.8M | 280.8M | 143.7M | |
Net Receivables | 269.6M | 467.9M | 498.9M | 478.9M | 617.3M | 340.4M | |
Liabilities And Stockholders Equity | 3.2B | 3.7B | 4.4B | 4.7B | 4.9B | 5.1B | |
Non Current Liabilities Total | 116.9M | 232M | 355.5M | 444.2M | 912.7M | 958.3M | |
Inventory | 334.3M | 639.5M | 763.8M | 707.6M | 603.7M | 399.3M | |
Total Liab | 1.2B | 1.6B | 1.9B | 2.0B | 2.3B | 2.5B | |
Property Plant And Equipment Gross | 1.5B | 2.7B | 3.0B | 3.3B | 3.0B | 3.2B | |
Total Current Assets | 974.8M | 1.5B | 1.8B | 2.0B | 2.1B | 2.2B | |
Short Term Debt | (64.8M) | 70.5M | 68.5M | (12.8M) | 73.5M | 77.2M | |
Accumulated Other Comprehensive Income | 266.9M | 212.9M | 325.7M | 430.1M | 448M | 470.4M | |
Common Stock | 2.7B | 2.7B | 2.6B | 2.6B | 2.6B | 1.6B | |
Good Will | 59.3M | 79.9M | 102.5M | 111.3M | 197.8M | 286.0M | |
Intangible Assets | 700K | 13.1M | 30.7M | 36.7M | 103.5M | 130.2M | |
Short Term Investments | 14.1M | 3M | 700K | 1.2M | 187.7M | 197.1M | |
Other Current Assets | 127.8M | 171.8M | 241.8M | 445.1M | 618.9M | 649.8M | |
Other Liab | 278.3M | 289.4M | 249.7M | 232.8M | 267.7M | 281.1M | |
Other Assets | 344.3M | 239.5M | 261.3M | 248.8M | 1.0 | 0.95 | |
Long Term Debt | 116.9M | 232M | 355.5M | 444.2M | 505M | 530.3M | |
Property Plant Equipment | 1.5B | 1.4B | 1.6B | 1.7B | 2.0B | 2.1B | |
Net Tangible Assets | 1.9B | 2.0B | 2.4B | 2.5B | 2.9B | 2.1B | |
Long Term Investments | 362.7M | 452.1M | 693.4M | 632.5M | 613.4M | 419.3M | |
Long Term Debt Total | 409.9M | 488.6M | 627M | 722.7M | 831.1M | 872.7M |
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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.