SGR Stock | | | 0.19 0.01 5.00% |
Star Entertainment financial indicator trend analysis is much more than just breaking down Star Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Entertainment is a good investment. Please check the relationship between Star Entertainment Non Currrent Assets Other and its Total Current Liabilities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Star Entertainment 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.
Non Currrent Assets Other vs Total Current Liabilities
Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Star Entertainment Non Currrent Assets Other account and
Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Star Entertainment's Non Currrent Assets Other and Total Current Liabilities is 0.59. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Star Entertainment Group, assuming nothing else is changed. The correlation between historical values of Star Entertainment's Non Currrent Assets Other 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 Non Currrent Assets Other of Star Entertainment Group 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 Non Currrent Assets Other i.e., Star Entertainment's Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Total Current Liabilities
Total Current Liabilities is an item on Star Entertainment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Star Entertainment Group 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 Star Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Entertainment 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 Star Entertainment 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.
Tax Provision is likely to gain to about 144.5
M in 2025, whereas
Selling General Administrative is likely to drop slightly above 622.4
M in 2025.
Star Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
Star Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Star Entertainment fundamental ratios Accounts
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.
Additional Tools for Star Stock Analysis
When running Star Entertainment's price analysis, check to
measure Star Entertainment'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 Star Entertainment is operating at the current time. Most of Star Entertainment's value examination focuses on studying past and present price action to
predict the probability of Star Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Entertainment's price. Additionally, you may evaluate how the addition of Star Entertainment to your portfolios can decrease your overall portfolio volatility.