STRR Stock | | | USD 3.04 0.24 8.57% |
Star Equity financial indicator trend analysis is much more than just breaking down Star Equity Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Equity Holdings is a good investment. Please check the relationship between Star Equity Short Long Term Debt and its Intangible Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Star Equity 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 metropolitan statistical area.
Short Long Term Debt vs Intangible Assets
Short Long Term Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Star Equity Holdings Short Long Term Debt account and
Intangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Star Equity's Short Long Term Debt and Intangible Assets is 0.34. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Star Equity Holdings, assuming nothing else is changed. The correlation between historical values of Star Equity's Short Long Term Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Star Equity Holdings are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Long Term Debt i.e., Star Equity's Short Long Term Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Star Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Equity 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 Star Equity 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 metropolitan statistical area.
At this time, Star Equity's
Discontinued Operations is relatively stable compared to the past year. As of 11/29/2024,
Sales General And Administrative To Revenue is likely to grow to 0.20, while
Selling General Administrative is likely to drop slightly above 15.6
M.
Star Equity fundamental ratios Correlations
Click cells to compare fundamentals
Star Equity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Star Equity fundamental ratios Accounts
Additional Tools for Star Stock Analysis
When running Star Equity's price analysis, check to
measure Star Equity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Star Equity is operating at the current time. Most of Star Equity's value examination focuses on studying past and present price action to
predict the probability of Star Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Equity's price. Additionally, you may evaluate how the addition of Star Equity to your portfolios can decrease your overall portfolio volatility.