Starbox Cash vs Common Stock Shares Outstanding Analysis

STBX Stock  USD 0.14  0.04  22.22%   
Starbox Group financial indicator trend analysis is much more than just breaking down Starbox Group Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Starbox Group Holdings is a good investment. Please check the relationship between Starbox Group Cash and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Starbox Group 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 bureau of labor statistics.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbox Group Holdings Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Starbox Group's Cash and Common Stock Shares Outstanding is -0.12. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Starbox Group Holdings, assuming nothing else is changed. The correlation between historical values of Starbox Group's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Starbox Group Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Starbox Group's Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Starbox Group Holdings, which is listed under current asset account on Starbox Group Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Starbox Group customers. The amounts must be unrestricted with restricted cash listed in a different Starbox Group account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Starbox Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Starbox Group 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 Starbox Group 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 bureau of labor statistics.
Tax Provision is likely to rise to about (595.2 K) in 2025. Selling General Administrative is likely to drop to about 2.8 M in 2025
 2022 2023 2024 2025 (projected)
Gross Profit10.9M4.1M4.7M5.5M
Total Revenue11.7M6.2M7.1M6.3M

Starbox Group fundamental ratios Correlations

0.910.850.90.950.910.980.60.18-0.740.890.010.990.440.010.530.790.990.950.930.991.00.980.80.820.77
0.910.880.720.80.740.950.410.5-0.850.64-0.330.950.7-0.330.230.830.960.80.940.930.890.960.490.90.46
0.850.880.730.870.60.840.340.53-0.610.66-0.390.870.75-0.390.490.80.870.860.760.840.820.840.490.650.45
0.90.720.730.920.880.890.85-0.01-0.650.960.160.880.210.170.550.790.880.920.830.910.910.880.810.710.77
0.950.80.870.920.890.90.580.07-0.640.90.10.930.350.110.620.820.921.00.840.920.950.90.840.690.81
0.910.740.60.880.890.880.65-0.21-0.70.880.390.880.060.390.450.730.870.890.880.890.930.880.910.780.89
0.980.950.840.890.90.880.630.28-0.840.83-0.10.990.5-0.10.380.851.00.90.981.00.971.00.690.90.65
0.60.410.340.850.580.650.63-0.15-0.520.790.250.58-0.080.250.290.550.590.570.60.650.610.620.590.560.54
0.180.50.53-0.010.07-0.210.28-0.15-0.33-0.13-0.980.270.94-0.98-0.170.270.290.060.240.230.120.28-0.420.3-0.46
-0.74-0.85-0.61-0.65-0.64-0.7-0.84-0.52-0.33-0.490.18-0.77-0.420.180.16-0.89-0.81-0.63-0.92-0.8-0.73-0.85-0.35-0.98-0.31
0.890.640.660.960.90.880.830.79-0.13-0.490.290.850.120.290.720.610.830.90.740.870.90.820.910.580.89
0.01-0.33-0.390.160.10.39-0.10.25-0.980.180.29-0.09-0.871.00.23-0.12-0.110.11-0.06-0.050.06-0.10.57-0.130.6
0.990.950.870.880.930.880.990.580.27-0.770.85-0.090.52-0.090.470.821.00.930.950.990.990.990.730.840.7
0.440.70.750.210.350.060.5-0.080.94-0.420.12-0.870.52-0.870.10.420.530.350.440.470.390.51-0.120.42-0.15
0.01-0.33-0.390.170.110.39-0.10.25-0.980.180.291.0-0.09-0.870.24-0.12-0.10.11-0.06-0.050.07-0.10.57-0.130.6
0.530.230.490.550.620.450.380.29-0.170.160.720.230.470.10.240.090.420.630.190.440.540.360.73-0.060.73
0.790.830.80.790.820.730.850.550.27-0.890.61-0.120.820.42-0.120.090.830.810.880.830.790.850.490.870.45
0.990.960.870.880.920.871.00.590.29-0.810.83-0.111.00.53-0.10.420.830.920.961.00.981.00.710.870.67
0.950.80.860.921.00.890.90.570.06-0.630.90.110.930.350.110.630.810.920.830.920.950.890.850.680.82
0.930.940.760.830.840.880.980.60.24-0.920.74-0.060.950.44-0.060.190.880.960.830.960.930.980.630.970.6
0.990.930.840.910.920.891.00.650.23-0.80.87-0.050.990.47-0.050.440.831.00.920.960.990.990.740.870.7
1.00.890.820.910.950.930.970.610.12-0.730.90.060.990.390.070.540.790.980.950.930.990.970.830.810.8
0.980.960.840.880.90.881.00.620.28-0.850.82-0.10.990.51-0.10.360.851.00.890.980.990.970.680.910.65
0.80.490.490.810.840.910.690.59-0.42-0.350.910.570.73-0.120.570.730.490.710.850.630.740.830.680.451.0
0.820.90.650.710.690.780.90.560.3-0.980.58-0.130.840.42-0.13-0.060.870.870.680.970.870.810.910.450.41
0.770.460.450.770.810.890.650.54-0.46-0.310.890.60.7-0.150.60.730.450.670.820.60.70.80.651.00.41
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Starbox Group Account Relationship Matchups

Starbox Group fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.0M25.0M153.0M120.9M139.1M146.0M
Short Long Term Debt Total305.3K42.6K2.2M2.6M3.0M3.2M
Other Current Liab773.3K548.4K1.5M1.3M1.5M1.1M
Total Current Liabilities2.5M2.0M3.4M3.1M3.5M2.6M
Total Stockholder Equity1.3M23.0M89.8M69.8M80.3M40.4M
Property Plant And Equipment Net317.4K56.0K2.7M2.9M3.4M3.5M
Net Debt(2.0M)(17.7M)(309.5K)2.1M2.5M2.6M
Retained Earnings1.1M4.7M8.9M(92.4M)(83.2M)(79.0M)
Cash2.3M17.8M2.5M495.9K570.3K541.8K
Non Current Assets Total317.4K959.7K124.8M107.6M123.8M130.0M
Non Currrent Assets Other(317.4K)(959.7K)213.0K145.6K167.4K175.8K
Cash And Short Term Investments2.3M17.8M2.7M495.9K570.3K541.8K
Net Receivables1.4M2.0M9.5M608.1K699.3K664.4K
Liabilities And Stockholders Equity4.0M25.0M153.0M120.9M139.1M146.0M
Non Current Liabilities Total232.9K26.7K8.6M8.3M9.5M10.0M
Capital Lease Obligations305.3K42.6K144.9K110.9K127.5K132.8K
Other Current Assets40.0K4.3M16.2M12.2M14.1M7.2M
Other Stockholder Equity155.0K18.9M81.9M158.1M181.8M190.9M
Total Liab2.8M2.0M12.0M11.4M13.1M13.7M
Net Invested Capital1.3M23.0M91.9M72.4M83.2M87.4M
Property Plant And Equipment Gross322.1K56.0K3.9M4.5M5.2M5.4M
Total Current Assets3.7M24.1M28.2M13.3M15.3M15.4M
Accumulated Other Comprehensive Income(21.4K)(607.1K)(1.1M)3.7M4.2M4.4M
Net Working Capital1.2M22.1M24.8M10.2M11.8M12.8M
Short Term Debt72.4K15.8K47.5K245.7K221.1K202.9K

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