Southland Total Cash From Operating Activities vs Asset Turnover Analysis
| SLND Stock | 3.28 0.07 2.18% |
Southland Holdings financial indicator trend analysis is much more than just breaking down Southland Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southland Holdings is a good investment. Please check the relationship between Southland Holdings Total Cash From Operating Activities and its Asset Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southland Holdings. 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. For information on how to trade Southland Stock refer to our How to Trade Southland Stock guide.
Total Cash From Operating Activities vs Asset Turnover
Total Cash From Operating Activities vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southland Holdings Total Cash From Operating Activities account and Asset Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Southland Holdings' Total Cash From Operating Activities and Asset Turnover is -0.62. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Southland Holdings, assuming nothing else is changed. The correlation between historical values of Southland Holdings' Total Cash From Operating Activities and Asset Turnover 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 Cash From Operating Activities of Southland Holdings are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Cash From Operating Activities i.e., Southland Holdings' Total Cash From Operating Activities and Asset Turnover go up and down completely randomly.
Correlation Coefficient | -0.62 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Total Cash From Operating Activities
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Most indicators from Southland Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southland Holdings 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 Southland Holdings. 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. For information on how to trade Southland Stock refer to our How to Trade Southland Stock guide.At present, Southland Holdings' Enterprise Value Multiple is projected to increase based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 635 M, whereas Selling General Administrative is forecasted to decline to about 35.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.3M | 8.9M | 19.5M | 11.6M | Depreciation And Amortization | 47.5M | 45.7M | 30.5M | 31.8M |
Southland Holdings fundamental ratios Correlations
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Southland Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Southland Holdings is a strong investment it is important to analyze Southland Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Southland Holdings' future performance. For an informed investment choice regarding Southland Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southland Holdings. 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. For information on how to trade Southland Stock refer to our How to Trade Southland Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction & Engineering 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 Southland Holdings. If investors know Southland 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 Southland Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.23) | Revenue Per Share 21.429 | Quarterly Revenue Growth (0.45) | Return On Assets (0.06) | Return On Equity (0.52) |
The market value of Southland Holdings is measured differently than its book value, which is the value of Southland that is recorded on the company's balance sheet. Investors also form their own opinion of Southland Holdings' value that differs from its market value or its book value, called intrinsic value, which is Southland Holdings' 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 Southland Holdings' market value can be influenced by many factors that don't directly affect Southland Holdings' 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 Southland Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southland Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southland Holdings' 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.