SSC Change To Inventory vs Net Income Analysis
SSNC Stock | USD 77.36 0.26 0.34% |
SSC Technologies financial indicator trend analysis is much more than just breaking down SSC Technologies Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SSC Technologies Holdings is a good investment. Please check the relationship between SSC Technologies Change To Inventory and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSC Technologies 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.
Change To Inventory vs Net Income
Change To Inventory vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SSC Technologies Holdings Change To Inventory account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SSC Technologies' Change To Inventory and Net Income is -0.52. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income in the same time period over historical financial statements of SSC Technologies Holdings, assuming nothing else is changed. The correlation between historical values of SSC Technologies' Change To Inventory and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of SSC Technologies Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Inventory i.e., SSC Technologies' Change To Inventory and Net Income go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in SSC Technologies Holdings financial statement analysis. It represents the amount of money remaining after all of SSC Technologies Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from SSC Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SSC Technologies 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 SSC Technologies 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. At present, SSC Technologies' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.95, whereas Tax Provision is forecasted to decline to about 118.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.4B | 2.5B | 2.7B | 2.8B | Total Revenue | 5.1B | 5.3B | 5.5B | 5.8B |
SSC Technologies fundamental ratios Correlations
Click cells to compare fundamentals
SSC Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SSC Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.7B | 15.9B | 17.3B | 16.7B | 18.1B | 19.0B | |
Other Current Liab | 2.3B | 1.9B | 3.4B | 1.6B | 3.1B | 3.3B | |
Total Current Liabilities | 2.8B | 2.3B | 3.9B | 2.2B | 3.8B | 4.0B | |
Total Stockholder Equity | 5.1B | 5.7B | 6.2B | 6.0B | 6.3B | 6.7B | |
Accounts Payable | 36.9M | 28.1M | 28.7M | 49.5M | 80.3M | 84.3M | |
Cash | 152.8M | 209.3M | 564M | 440.1M | 432.2M | 453.8M | |
Other Assets | 263.2M | 844M | 77.9M | 367.7M | 422.9M | 444.0M | |
Long Term Debt | 7.1B | 6.4B | 5.9B | 7.0B | 6.7B | 7.0B | |
Good Will | 8.0B | 8.1B | 8.0B | 8.9B | 9.0B | 9.4B | |
Other Current Assets | 1.7B | 193.4M | 191.7M | 1.2B | 168.2M | 220.7M | |
Total Liab | 11.6B | 10.2B | 11.1B | 10.6B | 11.7B | 12.3B | |
Common Stock | 2.1M | 2.5M | 2.6M | 2.7M | 2.8M | 2.9M | |
Property Plant Equipment | 466.4M | 412.8M | 673.2M | 604.5M | 695.2M | 729.9M | |
Intangible Assets | 4.7B | 4.3B | 3.8B | 4.2B | 3.6B | 3.8B | |
Retained Earnings | 1.2B | 1.7B | 2.3B | 2.7B | 3.1B | 3.3B | |
Other Liab | 1.4B | 1.2B | 1.1B | 1.1B | 1.3B | 1.3B | |
Short Long Term Debt Total | 7.5B | 6.8B | 6.2B | 7.3B | 6.9B | 7.3B | |
Property Plant And Equipment Net | 841.7M | 763.6M | 673.2M | 604.5M | 536.7M | 272.6M | |
Current Deferred Revenue | 333.2M | 332.5M | 334M | 464.7M | 470.3M | 493.8M | |
Net Debt | 7.3B | 6.6B | 5.7B | 6.9B | 3.9B | 3.0B | |
Non Current Assets Total | 14.0B | 13.6B | 13.1B | 14.2B | 14.1B | 14.8B | |
Cash And Short Term Investments | 152.8M | 209.3M | 564M | 440.1M | 432.2M | 453.8M | |
Net Receivables | 689.7M | 1.9B | 2.8B | 1.8B | 887.1M | 609.3M | |
Common Stock Total Equity | 2.5M | 2.6M | 2M | 2.7M | 3.1M | 3.3M | |
Common Stock Shares Outstanding | 264.2M | 266.6M | 267.3M | 262M | 254.5M | 213.8M | |
Liabilities And Stockholders Equity | 16.7B | 15.9B | 17.3B | 16.7B | 18.1B | 19.0B | |
Non Current Liabilities Total | 8.8B | 7.9B | 7.3B | 8.4B | 7.9B | 8.3B | |
Other Stockholder Equity | 4.2B | 4.2B | 4.1B | 3.9B | 3.6B | 2.2B | |
Property Plant And Equipment Gross | 841.7M | 763.6M | 673.2M | 604.5M | 1.1B | 1.1B | |
Total Current Assets | 2.8B | 2.3B | 4.3B | 2.4B | 4.1B | 4.3B | |
Accumulated Other Comprehensive Income | (253M) | (201M) | (242M) | (550.1M) | (426.3M) | (405.0M) | |
Short Term Debt | 76.3M | 53.9M | 47.4M | 55.7M | 60M | 42.7M | |
Inventory | 213.5M | 193.4M | 2.1B | 969.6M | 1.1B | 1.2B | |
Net Tangible Assets | (7.5B) | (6.7B) | (5.7B) | (6.8B) | (6.1B) | (6.4B) | |
Non Currrent Assets Other | 184.6M | 257.3M | 241.5M | 227M | 333.7M | 350.4M | |
Retained Earnings Total Equity | 847.1M | 1.2B | 1.7B | 2.3B | 2.6B | 2.8B | |
Long Term Debt Total | 8.2B | 7.1B | 6.4B | 5.9B | 6.8B | 4.3B | |
Capital Surpluse | 4.1B | 4.3B | 4.5B | 4.9B | 5.6B | 3.1B |
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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 SSC Technologies Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SSC Technologies' 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 Ssc Technologies Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ssc Technologies Holdings Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSC Technologies 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. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Application Software 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 SSC Technologies. If investors know SSC 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 SSC Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.066 | Dividend Share 0.97 | Earnings Share 2.79 | Revenue Per Share 23.383 | Quarterly Revenue Growth 0.073 |
The market value of SSC Technologies Holdings is measured differently than its book value, which is the value of SSC that is recorded on the company's balance sheet. Investors also form their own opinion of SSC Technologies' value that differs from its market value or its book value, called intrinsic value, which is SSC Technologies' 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 SSC Technologies' market value can be influenced by many factors that don't directly affect SSC Technologies' 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 SSC Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SSC Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSC Technologies' 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.