SGP Stock | | | 4.98 0.10 1.97% |
Stockland financial indicator trend analysis is much more than just breaking down Stockland prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stockland is a good investment. Please check the relationship between Stockland Cash and its Total Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Stockland. 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.
Cash vs Total Current Assets
Cash vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Stockland Cash account and
Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Stockland's Cash and Total Current Assets is 0.48. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Stockland, assuming nothing else is changed. The correlation between historical values of Stockland's Cash 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 Cash of Stockland 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 Cash i.e., Stockland's Cash and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Stockland, which is listed under current asset account on Stockland balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Stockland customers. The amounts must be unrestricted with restricted cash listed in a different Stockland 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.
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 Stockland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stockland 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 Stockland. 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 drop to about 252.2
M in 2024.
Tax Provision is likely to drop to about 23.1
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
EBITDA | 755M | 867M | 701M | 528.5M | EBIT | 729M | 862M | 697M | 454.5M |
Stockland fundamental ratios Correlations
Click cells to compare fundamentals
Stockland Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stockland fundamental ratios Accounts
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Additional Tools for Stockland Stock Analysis
When running Stockland's price analysis, check to
measure Stockland's 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 Stockland is operating at the current time. Most of Stockland's value examination focuses on studying past and present price action to
predict the probability of Stockland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stockland's price. Additionally, you may evaluate how the addition of Stockland to your portfolios can decrease your overall portfolio volatility.