Starbox Cash And Short Term Investments vs Net Working Capital 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 Short Term Investments and its Net Working Capital 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 And Short Term Investments vs Net Working Capital

Cash And Short Term Investments vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbox Group Holdings Cash And Short Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Starbox Group's Cash And Short Term Investments and Net Working Capital is 0.6. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Working Capital 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 Short Term Investments and Net Working Capital 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 And Short Term Investments of Starbox Group Holdings are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Cash And Short Term Investments i.e., Starbox Group's Cash And Short Term Investments and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Starbox Group Holdings balance sheet. This account contains Starbox Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Starbox Group Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Working Capital

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 Profit	10.9M	4.1M	4.7M	5.5M
Total Revenue	11.7M	6.2M	7.1M	6.3M

Gross Profit Total Revenue

Starbox Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.91	0.85	0.9	0.95	0.91	0.98	0.6	0.18	-0.74	0.89	0.01	0.99	0.44	0.01	0.53	0.79	0.99	0.95	0.93	0.99	1.0	0.98	0.8	0.82	0.77
Short Long Term Debt Total	0.91		0.88	0.72	0.8	0.74	0.95	0.41	0.5	-0.85	0.64	-0.33	0.95	0.7	-0.33	0.23	0.83	0.96	0.8	0.94	0.93	0.89	0.96	0.49	0.9	0.46
Other Current Liab	0.85	0.88		0.73	0.87	0.6	0.84	0.34	0.53	-0.61	0.66	-0.39	0.87	0.75	-0.39	0.49	0.8	0.87	0.86	0.76	0.84	0.82	0.84	0.49	0.65	0.45
Total Current Liabilities	0.9	0.72	0.73		0.92	0.88	0.89	0.85	-0.01	-0.65	0.96	0.16	0.88	0.21	0.17	0.55	0.79	0.88	0.92	0.83	0.91	0.91	0.88	0.81	0.71	0.77
Total Stockholder Equity	0.95	0.8	0.87	0.92		0.89	0.9	0.58	0.07	-0.64	0.9	0.1	0.93	0.35	0.11	0.62	0.82	0.92	1.0	0.84	0.92	0.95	0.9	0.84	0.69	0.81
Net Tangible Assets	0.91	0.74	0.6	0.88	0.89		0.88	0.65	-0.21	-0.7	0.88	0.39	0.88	0.06	0.39	0.45	0.73	0.87	0.89	0.88	0.89	0.93	0.88	0.91	0.78	0.89
Property Plant And Equipment Net	0.98	0.95	0.84	0.89	0.9	0.88		0.63	0.28	-0.84	0.83	-0.1	0.99	0.5	-0.1	0.38	0.85	1.0	0.9	0.98	1.0	0.97	1.0	0.69	0.9	0.65
Current Deferred Revenue	0.6	0.41	0.34	0.85	0.58	0.65	0.63		-0.15	-0.52	0.79	0.25	0.58	-0.08	0.25	0.29	0.55	0.59	0.57	0.6	0.65	0.61	0.62	0.59	0.56	0.54
Net Debt	0.18	0.5	0.53	-0.01	0.07	-0.21	0.28	-0.15		-0.33	-0.13	-0.98	0.27	0.94	-0.98	-0.17	0.27	0.29	0.06	0.24	0.23	0.12	0.28	-0.42	0.3	-0.46
Retained Earnings	-0.74	-0.85	-0.61	-0.65	-0.64	-0.7	-0.84	-0.52	-0.33		-0.49	0.18	-0.77	-0.42	0.18	0.16	-0.89	-0.81	-0.63	-0.92	-0.8	-0.73	-0.85	-0.35	-0.98	-0.31
Accounts Payable	0.89	0.64	0.66	0.96	0.9	0.88	0.83	0.79	-0.13	-0.49		0.29	0.85	0.12	0.29	0.72	0.61	0.83	0.9	0.74	0.87	0.9	0.82	0.91	0.58	0.89
Cash	0.01	-0.33	-0.39	0.16	0.1	0.39	-0.1	0.25	-0.98	0.18	0.29		-0.09	-0.87	1.0	0.23	-0.12	-0.11	0.11	-0.06	-0.05	0.06	-0.1	0.57	-0.13	0.6
Non Current Assets Total	0.99	0.95	0.87	0.88	0.93	0.88	0.99	0.58	0.27	-0.77	0.85	-0.09		0.52	-0.09	0.47	0.82	1.0	0.93	0.95	0.99	0.99	0.99	0.73	0.84	0.7
Non Currrent Assets Other	0.44	0.7	0.75	0.21	0.35	0.06	0.5	-0.08	0.94	-0.42	0.12	-0.87	0.52		-0.87	0.1	0.42	0.53	0.35	0.44	0.47	0.39	0.51	-0.12	0.42	-0.15
Cash And Short Term Investments	0.01	-0.33	-0.39	0.17	0.11	0.39	-0.1	0.25	-0.98	0.18	0.29	1.0	-0.09	-0.87		0.24	-0.12	-0.1	0.11	-0.06	-0.05	0.07	-0.1	0.57	-0.13	0.6
Net Receivables	0.53	0.23	0.49	0.55	0.62	0.45	0.38	0.29	-0.17	0.16	0.72	0.23	0.47	0.1	0.24		0.09	0.42	0.63	0.19	0.44	0.54	0.36	0.73	-0.06	0.73
Common Stock Shares Outstanding	0.79	0.83	0.8	0.79	0.82	0.73	0.85	0.55	0.27	-0.89	0.61	-0.12	0.82	0.42	-0.12	0.09		0.83	0.81	0.88	0.83	0.79	0.85	0.49	0.87	0.45
Non Current Liabilities Total	0.99	0.96	0.87	0.88	0.92	0.87	1.0	0.59	0.29	-0.81	0.83	-0.11	1.0	0.53	-0.1	0.42	0.83		0.92	0.96	1.0	0.98	1.0	0.71	0.87	0.67
Other Current Assets	0.95	0.8	0.86	0.92	1.0	0.89	0.9	0.57	0.06	-0.63	0.9	0.11	0.93	0.35	0.11	0.63	0.81	0.92		0.83	0.92	0.95	0.89	0.85	0.68	0.82
Other Stockholder Equity	0.93	0.94	0.76	0.83	0.84	0.88	0.98	0.6	0.24	-0.92	0.74	-0.06	0.95	0.44	-0.06	0.19	0.88	0.96	0.83		0.96	0.93	0.98	0.63	0.97	0.6
Total Liab	0.99	0.93	0.84	0.91	0.92	0.89	1.0	0.65	0.23	-0.8	0.87	-0.05	0.99	0.47	-0.05	0.44	0.83	1.0	0.92	0.96		0.99	0.99	0.74	0.87	0.7
Net Invested Capital	1.0	0.89	0.82	0.91	0.95	0.93	0.97	0.61	0.12	-0.73	0.9	0.06	0.99	0.39	0.07	0.54	0.79	0.98	0.95	0.93	0.99		0.97	0.83	0.81	0.8
Property Plant And Equipment Gross	0.98	0.96	0.84	0.88	0.9	0.88	1.0	0.62	0.28	-0.85	0.82	-0.1	0.99	0.51	-0.1	0.36	0.85	1.0	0.89	0.98	0.99	0.97		0.68	0.91	0.65
Total Current Assets	0.8	0.49	0.49	0.81	0.84	0.91	0.69	0.59	-0.42	-0.35	0.91	0.57	0.73	-0.12	0.57	0.73	0.49	0.71	0.85	0.63	0.74	0.83	0.68		0.45	1.0
Capital Stock	0.82	0.9	0.65	0.71	0.69	0.78	0.9	0.56	0.3	-0.98	0.58	-0.13	0.84	0.42	-0.13	-0.06	0.87	0.87	0.68	0.97	0.87	0.81	0.91	0.45		0.41
Net Working Capital	0.77	0.46	0.45	0.77	0.81	0.89	0.65	0.54	-0.46	-0.31	0.89	0.6	0.7	-0.15	0.6	0.73	0.45	0.67	0.82	0.6	0.7	0.8	0.65	1.0	0.41

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Starbox Group Account Relationship Matchups

Starbox Group fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.0M	25.0M	153.0M	120.9M	139.1M	146.0M
Short Long Term Debt Total	305.3K	42.6K	2.2M	2.6M	3.0M	3.2M
Other Current Liab	773.3K	548.4K	1.5M	1.3M	1.5M	1.1M
Total Current Liabilities	2.5M	2.0M	3.4M	3.1M	3.5M	2.6M
Total Stockholder Equity	1.3M	23.0M	89.8M	69.8M	80.3M	40.4M
Property Plant And Equipment Net	317.4K	56.0K	2.7M	2.9M	3.4M	3.5M
Net Debt	(2.0M)	(17.7M)	(309.5K)	2.1M	2.5M	2.6M
Retained Earnings	1.1M	4.7M	8.9M	(92.4M)	(83.2M)	(79.0M)
Cash	2.3M	17.8M	2.5M	495.9K	570.3K	541.8K
Non Current Assets Total	317.4K	959.7K	124.8M	107.6M	123.8M	130.0M
Non Currrent Assets Other	(317.4K)	(959.7K)	213.0K	145.6K	167.4K	175.8K
Cash And Short Term Investments	2.3M	17.8M	2.7M	495.9K	570.3K	541.8K
Net Receivables	1.4M	2.0M	9.5M	608.1K	699.3K	664.4K
Liabilities And Stockholders Equity	4.0M	25.0M	153.0M	120.9M	139.1M	146.0M
Non Current Liabilities Total	232.9K	26.7K	8.6M	8.3M	9.5M	10.0M
Capital Lease Obligations	305.3K	42.6K	144.9K	110.9K	127.5K	132.8K
Other Current Assets	40.0K	4.3M	16.2M	12.2M	14.1M	7.2M
Other Stockholder Equity	155.0K	18.9M	81.9M	158.1M	181.8M	190.9M
Total Liab	2.8M	2.0M	12.0M	11.4M	13.1M	13.7M
Net Invested Capital	1.3M	23.0M	91.9M	72.4M	83.2M	87.4M
Property Plant And Equipment Gross	322.1K	56.0K	3.9M	4.5M	5.2M	5.4M
Total Current Assets	3.7M	24.1M	28.2M	13.3M	15.3M	15.4M
Accumulated Other Comprehensive Income	(21.4K)	(607.1K)	(1.1M)	3.7M	4.2M	4.4M
Net Working Capital	1.2M	22.1M	24.8M	10.2M	11.8M	12.8M
Short Term Debt	72.4K	15.8K	47.5K	245.7K	221.1K	202.9K

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Starbox Cash And Short Term Investments vs Net Working Capital Analysis

Cash And Short Term Investments vs Net Working Capital

Cash And Short Term Investments vs Net Working Capital Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Net Working Capital

Starbox Group fundamental ratios Correlations

Starbox Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Starbox Group fundamental ratios Accounts

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COMMON DESTINATIONS

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Net Invested Capital	+ 1.0	Total Assets
Other Current Assets	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Capital Stock	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Other Stockholder Equity	- 0.92	Retained Earnings
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Cash And Short Term Investments	- 0.87	Non Currrent Assets Other