Star Total Current Assets vs Common Stock Total Equity Analysis

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 Total Current Assets and its Common Stock Total Equity 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.

Total Current Assets vs Common Stock Total Equity

Total Current Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Star Entertainment Total Current Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Star Entertainment's Total Current Assets and Common Stock Total Equity is 0.08. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Total Equity 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 Total Current Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Star Entertainment Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Assets i.e., Star Entertainment's Total Current Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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.
 2022 2023 2024 2025 (projected)
Other Operating Expenses1.7B932M838.8M1.3B
Gross Profit828.4M795.3M715.8M910.2M

Star Entertainment fundamental ratios Correlations

0.88-0.87-0.320.980.810.770.890.930.36-0.620.99-0.240.42-0.620.440.87-0.16-0.830.80.1-0.170.61-0.45-0.050.52
0.88-0.75-0.30.80.510.640.990.780.02-0.550.9-0.140.25-0.550.350.76-0.23-0.740.960.06-0.140.77-0.4-0.080.74
-0.87-0.750.58-0.9-0.64-0.48-0.74-0.97-0.160.45-0.840.37-0.360.45-0.45-0.980.550.93-0.680.350.48-0.290.720.03-0.45
-0.32-0.30.58-0.38-0.11-0.2-0.33-0.530.340.36-0.360.59-0.10.360.29-0.570.660.5-0.450.540.52-0.020.610.62-0.49
0.980.8-0.9-0.380.840.750.810.950.41-0.60.97-0.30.44-0.60.440.9-0.19-0.840.710.04-0.240.5-0.5-0.060.44
0.810.51-0.64-0.110.840.730.530.740.71-0.440.77-0.090.46-0.440.440.680.03-0.540.410.22-0.080.42-0.310.070.18
0.770.64-0.48-0.20.750.730.680.620.56-0.550.8-0.050.17-0.550.260.540.13-0.370.580.410.00.81-0.26-0.210.43
0.890.99-0.74-0.330.810.530.680.780.05-0.680.92-0.120.27-0.680.260.74-0.2-0.740.960.13-0.080.76-0.36-0.210.78
0.930.78-0.97-0.530.950.740.620.780.28-0.520.9-0.360.45-0.520.470.97-0.45-0.920.7-0.24-0.40.43-0.7-0.060.43
0.360.02-0.160.340.410.710.560.050.28-0.170.320.280.23-0.170.460.20.27-0.09-0.170.430.130.21-0.090.25-0.32
-0.62-0.550.450.36-0.6-0.44-0.55-0.68-0.52-0.17-0.690.02-0.291.00.25-0.410.010.5-0.61-0.35-0.2-0.390.060.67-0.65
0.990.9-0.84-0.360.970.770.80.920.90.32-0.69-0.230.36-0.690.340.84-0.11-0.790.840.16-0.140.65-0.4-0.160.61
-0.24-0.140.370.59-0.3-0.09-0.05-0.12-0.360.280.02-0.23-0.250.020.17-0.390.250.35-0.220.450.180.110.360.16-0.07
0.420.25-0.36-0.10.440.460.170.270.450.23-0.290.36-0.25-0.290.190.31-0.22-0.570.17-0.18-0.030.06-0.280.02-0.15
-0.62-0.550.450.36-0.6-0.44-0.55-0.68-0.52-0.171.0-0.690.02-0.290.25-0.410.010.5-0.61-0.35-0.2-0.390.060.67-0.65
0.440.35-0.450.290.440.440.260.260.470.460.250.340.170.190.250.48-0.19-0.420.09-0.17-0.290.27-0.430.78-0.23
0.870.76-0.98-0.570.90.680.540.740.970.2-0.410.84-0.390.31-0.410.48-0.52-0.870.69-0.33-0.440.38-0.74-0.010.46
-0.16-0.230.550.66-0.190.030.13-0.2-0.450.270.01-0.110.25-0.220.01-0.19-0.520.57-0.220.860.60.090.810.08-0.16
-0.83-0.740.930.5-0.84-0.54-0.37-0.74-0.92-0.090.5-0.790.35-0.570.5-0.42-0.870.57-0.660.370.42-0.250.660.05-0.39
0.80.96-0.68-0.450.710.410.580.960.7-0.17-0.610.84-0.220.17-0.610.090.69-0.22-0.660.05-0.110.72-0.33-0.30.88
0.10.060.350.540.040.220.410.13-0.240.43-0.350.160.45-0.18-0.35-0.17-0.330.860.370.050.590.370.67-0.130.14
-0.17-0.140.480.52-0.24-0.080.0-0.08-0.40.13-0.2-0.140.18-0.03-0.2-0.29-0.440.60.42-0.110.590.130.530.01-0.05
0.610.77-0.29-0.020.50.420.810.760.430.21-0.390.650.110.06-0.390.270.380.09-0.250.720.370.13-0.18-0.080.58
-0.45-0.40.720.61-0.5-0.31-0.26-0.36-0.7-0.090.06-0.40.36-0.280.06-0.43-0.740.810.66-0.330.670.53-0.18-0.06-0.14
-0.05-0.080.030.62-0.060.07-0.21-0.21-0.060.250.67-0.160.160.020.670.78-0.010.080.05-0.3-0.130.01-0.08-0.06-0.57
0.520.74-0.45-0.490.440.180.430.780.43-0.32-0.650.61-0.07-0.15-0.65-0.230.46-0.16-0.390.880.14-0.050.58-0.14-0.57
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Star Entertainment Account Relationship Matchups

Star Entertainment fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.5B5.4B3.3B1.9B1.7B1.6B
Short Long Term Debt Total1.3B1.3B757.2M301.8M271.6M258.0M
Other Current Liab102.6M124.4M512.4M569.7M655.2M687.9M
Total Current Liabilities310.5M356.5M719M751.9M864.7M513.6M
Total Stockholder Equity3.6B3.4B1.8B833.3M750.0M712.5M
Other Liab154.8M162.4M159.9M19.1M22.0M20.9M
Property Plant And Equipment Net2.7B2.6B1.8B1.2B1.3B2.4B
Net Debt1.2B1.3B668.5M2.2M2.0M1.9M
Retained Earnings450.3M247.8M(2.2B)(3.9B)(3.5B)(3.3B)
Accounts Payable176.6M202.9M182M176.1M202.5M239.6M
Cash67.9M82M88.7M299.6M269.6M283.1M
Non Current Assets Total5.3B5.2B3.0B1.4B1.6B1.5B
Non Currrent Assets Other(1.4B)(1.2B)(102.1M)18M20.7M21.7M
Other Assets50.9M102.8M254.5M1.01.151.09
Cash And Short Term Investments67.9M82M88.7M299.6M269.6M283.1M
Net Receivables23.3M7.8M4.7M31.5M28.4M26.9M
Common Stock Shares Outstanding1.1B1.1B1.2B2.5B2.9B3.0B
Liabilities And Stockholders Equity5.5B5.4B3.3B1.9B1.7B1.6B
Non Current Liabilities Total1.5B1.6B770.3M312.6M281.3M267.3M
Inventory15.2M16.2M14.9M13.6M15.6M12.6M
Other Current Assets57.3M95.5M143.2M143.4M164.9M95.4M
Total Liab2.4B1.8B1.9B1.1B1.2B1.8B
Property Plant And Equipment Gross4.3B2.6B4.4B4.4B5.1B2.9B
Total Current Assets163.7M201.5M251.5M488.1M439.3M279.4M
Accumulated Other Comprehensive Income5.2M11.5M2.8M9.6M8.6M9.1M
Intangible Assets1.8B1.7B332.8M72.6M83.5M79.3M
Property Plant Equipment2.8B2.7B2.6B1.8B2.0B2.4B
Current Deferred Revenue23.5M23.1M18.6M18.1M20.8M18.9M
Long Term Debt1.2B1.3B751.2M269.6M242.6M230.5M
Short Term Debt162.9M6.8M6.1M6M5.5M5.2M
Other Stockholder Equity(18.6M)(6.9M)(7.3M)(6.4M)(7.4M)(7.7M)
Net Tangible Assets1.6B1.8B1.8B1.4B1.7B1.7B
Short Long Term Debt155.9M23.5M6.1M6M5.4M5.1M
Long Term Debt Total1.5B1.3B1.3B751.2M863.9M1.1B
Long Term Investments631.7M669.6M669.2M161.7M186.0M176.7M
Net Invested Capital4.9B4.8B2.5B1.1B992.6M943.0M

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