State Gross Profit Margin vs Total Current Assets Analysis

STT Stock  USD 100.03  0.60  0.60%   
State Street financial indicator trend analysis is much more than just breaking down State Street Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether State Street Corp is a good investment. Please check the relationship between State Street Gross Profit Margin and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Gross Profit Margin vs Total Current Assets

Gross Profit Margin vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Street Corp Gross Profit Margin account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between State Street's Gross Profit Margin and Total Current Assets is -0.27. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of State Street Corp, assuming nothing else is changed. The correlation between historical values of State Street's Gross Profit Margin and Total Current 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 Gross Profit Margin of State Street Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Gross Profit Margin i.e., State Street's Gross Profit Margin and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit Margin

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from State Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into State Street Corp 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 State Street Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to gain to 0.45 in 2024, whereas Selling General Administrative is likely to drop slightly above 3 B in 2024.
 2021 2022 2023 2024 (projected)
Operating Income3.2B4.8B2.7B2.5B
Other Operating Expenses8.9B8.8B9.6B10.1B

State Street fundamental ratios Correlations

0.150.090.680.680.170.00.06-0.27-0.040.410.04-0.270.4-0.29-0.280.840.140.210.7-0.340.390.390.740.05-0.21
0.150.630.060.070.970.58-0.870.650.840.430.010.050.630.490.110.01.00.660.170.310.880.87-0.070.160.9
0.090.63-0.18-0.170.560.95-0.710.870.82-0.1-0.170.690.150.90.67-0.390.640.340.380.720.780.78-0.22-0.080.7
0.680.06-0.181.00.11-0.20.2-0.43-0.220.770.68-0.370.44-0.5-0.520.720.06-0.240.39-0.640.250.240.64-0.22-0.2
0.680.07-0.171.00.11-0.20.2-0.43-0.220.760.67-0.370.43-0.49-0.520.720.06-0.240.4-0.630.250.250.64-0.22-0.2
0.170.970.560.110.110.55-0.790.620.750.520.09-0.040.620.440.00.040.960.650.120.220.880.87-0.110.170.86
0.00.580.95-0.2-0.20.55-0.640.910.75-0.08-0.080.720.090.930.66-0.490.580.260.170.760.760.77-0.32-0.040.71
0.06-0.87-0.710.20.2-0.79-0.64-0.78-0.99-0.240.07-0.19-0.55-0.66-0.270.27-0.87-0.72-0.11-0.51-0.68-0.680.27-0.22-0.84
-0.270.650.87-0.43-0.430.620.91-0.780.85-0.12-0.180.640.130.960.66-0.650.650.4-0.070.820.650.65-0.550.040.83
-0.040.840.82-0.22-0.220.750.75-0.990.850.16-0.110.330.480.760.39-0.330.840.670.170.60.720.72-0.280.170.84
0.410.43-0.10.770.760.52-0.08-0.24-0.120.160.76-0.590.74-0.32-0.680.520.420.210.1-0.560.40.40.30.00.2
0.040.01-0.170.680.670.09-0.080.07-0.18-0.110.76-0.310.31-0.27-0.540.140.0-0.31-0.11-0.510.090.090.08-0.19-0.03
-0.270.050.69-0.37-0.37-0.040.72-0.190.640.33-0.59-0.31-0.440.790.94-0.670.06-0.280.090.810.240.25-0.32-0.270.31
0.40.630.150.440.430.620.09-0.550.130.480.740.31-0.44-0.06-0.440.390.630.620.19-0.230.50.50.280.030.4
-0.290.490.9-0.5-0.490.440.93-0.660.960.76-0.32-0.270.79-0.060.78-0.710.50.270.010.90.560.56-0.530.020.7
-0.280.110.67-0.52-0.520.00.66-0.270.660.39-0.68-0.540.94-0.440.78-0.650.12-0.140.050.870.210.21-0.38-0.170.36
0.840.0-0.390.720.720.04-0.490.27-0.65-0.330.520.14-0.670.39-0.71-0.65-0.010.140.49-0.680.070.060.790.17-0.4
0.141.00.640.060.060.960.58-0.870.650.840.420.00.060.630.50.12-0.010.660.180.320.870.87-0.060.160.9
0.210.660.34-0.24-0.240.650.26-0.720.40.670.21-0.31-0.280.620.27-0.140.140.660.150.20.460.46-0.020.490.48
0.70.170.380.390.40.120.17-0.11-0.070.170.1-0.110.090.190.010.050.490.180.15-0.120.360.360.57-0.17-0.12
-0.340.310.72-0.64-0.630.220.76-0.510.820.6-0.56-0.510.81-0.230.90.87-0.680.320.2-0.120.330.34-0.480.220.53
0.390.880.780.250.250.880.76-0.680.650.720.40.090.240.50.560.210.070.870.460.360.331.00.050.030.77
0.390.870.780.240.250.870.77-0.680.650.720.40.090.250.50.560.210.060.870.460.360.341.00.050.030.77
0.74-0.07-0.220.640.64-0.11-0.320.27-0.55-0.280.30.08-0.320.28-0.53-0.380.79-0.06-0.020.57-0.480.050.05-0.02-0.4
0.050.16-0.08-0.22-0.220.17-0.04-0.220.040.170.0-0.19-0.270.030.02-0.170.170.160.49-0.170.220.030.03-0.020.0
-0.210.90.7-0.2-0.20.860.71-0.840.830.840.2-0.030.310.40.70.36-0.40.90.48-0.120.530.770.77-0.40.0
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State Street Account Relationship Matchups

State Street fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding373.7M357.1M358.0M370.1M326.6M396.2M
Total Assets245.6B314.7B314.6B301.5B297.3B155.4B
Short Long Term Debt Total13.3B17.8B13.6B17.1B21.5B22.6B
Other Current Liab(839M)3.3B(128M)(1.2B)4.8B4.6B
Total Current Liabilities839M4.0B128M5.4B7.5B7.1B
Total Stockholder Equity24.6B26.2B27.4B25.2B23.8B12.8B
Property Plant And Equipment Net2.3B2.2B2.3B2.3B3.2B3.4B
Net Debt(58.9B)(102.6B)(96.4B)(88.5B)(70.3B)(66.8B)
Retained Earnings22.1B23.4B25.2B27.0B28.0B29.4B
Cash72.3B120.4B110.0B105.6B91.8B96.4B
Non Current Assets Total108.4B123.8B128.3B51.9B12.1B11.5B
Non Currrent Assets Other(216M)(233M)(254M)(66.5B)(12.1B)(12.7B)
Other Assets7.9B8.4B(327M)144.5B230.2B241.7B
Cash And Short Term Investments126.1B179.5B183.4B101.6B48.6B68.4B
Net Receivables3.2B4.0B4.0B4.5B5.7B6.0B
Liabilities And Stockholders Equity245.6B314.7B314.6B301.5B297.3B155.4B
Non Current Liabilities Total12.5B13.8B13.5B270.8B266.0B279.2B
Other Stockholder Equity(77M)(404M)778M(606M)(4.3B)(4.1B)
Total Liab221.0B288.5B287.3B276.3B273.5B142.6B
Total Current Assets129.3B182.6B186.7B105.0B54.9B78.0B
Short Term Debt839M4.0B128M2.1B2.7B3.5B
Property Plant And Equipment Gross3.1B2.9B7.7B8.1B9.3B9.7B
Accumulated Other Comprehensive Income(876M)187M(1.1B)(3.7B)(2.4B)(2.2B)
Other Liab98M22M19M172M154.8M147.1M
Accounts Payable24.9B27.5B255.0B22.5B25.9B24.6B
Long Term Debt12.4B13.8B13.5B15.0B15.5B8.6B
Short Term Investments53.8B59.0B73.4B40.6B44.5B65.1B
Inventory(97.9B)(147.0B)(140.7B)(132.9B)(130.6B)(124.1B)
Treasury Stock(10.2B)(10.6B)(10.0B)(11.3B)(10.2B)(9.7B)
Property Plant Equipment2.3B2.2B2.3B2.3B2.7B1.9B
Good Will7.6B7.7B7.6B7.5B7.6B5.6B
Other Current Assets97.9B147.9B141.9B558M598M568.1M
Intangible Assets2.0B1.8B1.8B1.5B1.3B2.0B
Preferred Stock Total Equity3.7B3.0B2.5B2.0B2.3B2.0B
Retained Earnings Total Equity21.9B23.4B25.2B27.0B31.1B17.2B
Net Tangible Assets11.9B14.2B16.0B14.2B16.3B13.3B
Long Term Debt Total12.5B13.8B13.5B15.0B17.2B12.5B

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