Sirius Good Will vs Treasury Stock Analysis
SIRI Stock | USD 26.62 0.30 1.14% |
Sirius XM financial indicator trend analysis is much more than just breaking down Sirius XM Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sirius XM Holding is a good investment. Please check the relationship between Sirius XM Good Will and its Treasury Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sirius XM Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Good Will vs Treasury Stock
Good Will vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sirius XM Holding Good Will account and Treasury Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sirius XM's Good Will and Treasury Stock is -0.24. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Sirius XM Holding, assuming nothing else is changed. The correlation between historical values of Sirius XM's Good Will and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Sirius XM Holding are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Good Will i.e., Sirius XM's Good Will and Treasury Stock go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Treasury Stock
Most indicators from Sirius XM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sirius XM Holding 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 Sirius XM Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of now, Sirius XM's Selling General Administrative is increasing as compared to previous years. The Sirius XM's current Enterprise Value Over EBITDA is estimated to increase to 12.58, while Tax Provision is projected to decrease to under 274.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.4B | 4.5B | 4.4B | 4.6B | Total Revenue | 8.7B | 9.0B | 9.0B | 9.4B |
Sirius XM fundamental ratios Correlations
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Sirius XM Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sirius XM fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.1B | 10.3B | 10.3B | 10.0B | 10.4B | 5.7B | |
Other Current Liab | 132.5M | 164M | 174M | 178M | 165M | 184.1M | |
Total Current Liabilities | 3.3B | 3.2B | 3.0B | 3.0B | 3.2B | 1.7B | |
Total Stockholder Equity | (736M) | (2.3B) | (2.6B) | (3.4B) | (2.6B) | (2.4B) | |
Property Plant And Equipment Net | 2.1B | 2.1B | 1.8B | 1.8B | 2.0B | 1.3B | |
Net Debt | 8.2B | 8.9B | 9.1B | 9.8B | 9.3B | 9.8B | |
Retained Earnings | (1.1B) | (2.3B) | (2.6B) | (3.4B) | (2.6B) | (2.7B) | |
Accounts Payable | 1.2B | 1.2B | 1.3B | 1.2B | 1.3B | 1.4B | |
Cash | 106M | 71M | 191M | 57M | 216M | 270.9M | |
Non Current Assets Total | 10.1B | 9.4B | 9.1B | 9.0B | 9.1B | 4.9B | |
Non Currrent Assets Other | 139M | 405M | 415M | 312M | 338M | 354.9M | |
Cash And Short Term Investments | 106M | 71M | 191M | 57M | 216M | 231.6M | |
Common Stock Shares Outstanding | 461.6M | 442.9M | 414.3M | 399M | 388.8M | 320.3M | |
Liabilities And Stockholders Equity | 11.1B | 10.3B | 10.3B | 10.0B | 10.4B | 5.7B | |
Non Current Liabilities Total | 8.6B | 9.5B | 9.9B | 10.4B | 9.7B | 10.2B | |
Other Stockholder Equity | 395M | (19M) | (8M) | (4M) | (4.6M) | (4.4M) | |
Total Liab | 11.9B | 12.6B | 12.9B | 13.4B | 12.9B | 13.6B | |
Total Current Assets | 1.0B | 967M | 1.2B | 1.0B | 1.3B | 795.0M | |
Short Long Term Debt Total | 8.3B | 9.0B | 9.2B | 9.8B | 9.5B | 10.0B | |
Other Current Assets | 22M | 20M | 21M | 326M | 346M | 363.3M | |
Property Plant And Equipment Gross | 2.1B | 2.1B | 1.8B | 1.8B | 5.3B | 5.5B | |
Accumulated Other Comprehensive Income | (6.2M) | 8M | 15M | (4M) | 3M | 3.2M | |
Good Will | 3.8B | 3.1B | 3.2B | 3.2B | 3.7B | 3.9B | |
Intangible Assets | 3.5B | 3.3B | 3.2B | 3.1B | 2.9B | 1.9B | |
Short Term Debt | 3.4M | 48M | 49M | 246M | 551M | 578.6M | |
Other Liab | 294M | 533M | 725M | 816M | 938.4M | 985.3M | |
Other Assets | 423M | 1.3B | 949M | 459M | 527.9M | 532.1M | |
Long Term Debt | 7.8B | 8.5B | 8.8B | 9.3B | 8.7B | 4.4B | |
Property Plant Equipment | 1.6B | 2.1B | 2.2B | 1.8B | 2.1B | 1.5B | |
Current Deferred Revenue | 1.9B | 1.7B | 1.5B | 1.3B | 1.2B | 1.3B | |
Net Receivables | 670M | 672M | 722M | 655M | 709M | 744.5M | |
Inventory | 22.2M | 11M | 10M | 246M | 282.9M | 297.0M | |
Net Tangible Assets | (8.0B) | (8.7B) | (9.0B) | (9.7B) | (8.7B) | (9.1B) | |
Retained Earnings Total Equity | (1.1B) | (2.3B) | (2.6B) | (3.4B) | (3.9B) | (4.0B) | |
Long Term Debt Total | 7.8B | 8.5B | 8.8B | 9.3B | 10.6B | 6.6B |
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When determining whether Sirius XM Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sirius XM's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sirius Xm Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sirius Xm Holding Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sirius XM Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Cable & Satellite space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sirius XM. If investors know Sirius will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sirius XM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.064 | Earnings Share (4.35) | Revenue Per Share 22.896 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0669 |
The market value of Sirius XM Holding is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirius XM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.