Starbox Net Receivables vs Retained Earnings 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 Net Receivables and its Retained Earnings 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.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbox Group Holdings Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Starbox Group's Net Receivables and Retained Earnings is 0.16. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings 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 Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Starbox Group Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Starbox Group's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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
Click cells to compare fundamentals

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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