Storage Short Term Debt vs Total Current Liabilities Analysis

SVI Stock   4.08  0.03  0.73%   
Storage Vault financial indicator trend analysis is much more than just breaking down Storage Vault Canada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Storage Vault Canada is a good investment. Please check the relationship between Storage Vault Short Term Debt and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Storage Vault Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Total Current Liabilities

Short Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Storage Vault Canada Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Storage Vault's Short Term Debt and Total Current Liabilities is 0.2. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Storage Vault Canada, assuming nothing else is changed. The correlation between historical values of Storage Vault's Short Term Debt and Total Current Liabilities 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 Term Debt of Storage Vault Canada are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Storage Vault's Short Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Total Current Liabilities

Total Current Liabilities is an item on Storage Vault balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Storage Vault Canada are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Storage Vault's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Storage Vault Canada 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 Storage Vault Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Storage Vault's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Over EBITDA is likely to grow to 22.05, while Tax Provision is likely to drop (9.1 M).
 2021 2022 2023 2024 (projected)
Gross Profit139.0M176.0M193.6M203.3M
Total Revenue208.7M261.8M288.7M303.2M

Storage Vault fundamental ratios Correlations

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0.170.590.09-0.030.170.320.320.250.41-0.070.27-0.240.10.320.21-0.410.140.10.160.2-0.010.20.53-0.210.38
0.740.590.67-0.630.70.930.930.710.960.190.58-0.020.690.860.74-0.610.720.670.740.760.620.750.98-0.480.94
0.990.090.67-1.00.990.750.750.940.80.740.910.591.00.950.99-0.311.01.01.00.970.990.940.72-0.120.87
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0.990.170.70.99-0.980.770.770.940.820.710.90.550.990.960.99-0.350.990.990.990.970.980.950.75-0.140.88
0.80.320.930.75-0.720.771.00.690.960.180.550.030.760.880.78-0.440.780.750.80.830.730.850.96-0.550.95
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0.950.250.710.94-0.930.940.690.690.80.770.890.510.950.930.96-0.50.950.920.950.940.920.840.73-0.020.85
0.850.410.960.8-0.780.820.960.950.80.340.670.140.810.920.84-0.510.840.80.850.870.770.850.97-0.450.99
0.69-0.070.190.74-0.760.710.180.180.770.340.820.860.720.580.71-0.130.710.720.690.620.740.510.210.290.43
0.90.270.580.91-0.910.90.550.550.890.670.820.720.910.870.92-0.20.910.920.90.840.880.830.61-0.010.76
0.53-0.24-0.020.59-0.640.550.030.030.510.140.860.720.570.40.550.230.550.610.530.420.610.430.020.290.25
1.00.10.691.0-0.990.990.760.760.950.810.720.910.570.960.99-0.321.00.991.00.980.990.940.74-0.140.88
0.980.320.860.95-0.930.960.880.880.930.920.580.870.40.960.97-0.430.970.950.980.970.920.950.89-0.290.97
1.00.210.740.99-0.980.990.780.780.960.840.710.920.550.990.97-0.361.00.991.00.980.970.950.78-0.150.9
-0.37-0.41-0.61-0.310.26-0.35-0.44-0.45-0.5-0.51-0.13-0.20.23-0.32-0.43-0.36-0.36-0.25-0.37-0.39-0.27-0.24-0.470.09-0.49
1.00.140.721.0-0.990.990.780.780.950.840.710.910.551.00.971.0-0.360.991.00.980.990.940.76-0.160.9
0.990.10.671.0-0.990.990.750.760.920.80.720.920.610.990.950.99-0.250.990.990.960.990.950.73-0.160.87
1.00.160.741.0-0.980.990.80.80.950.850.690.90.531.00.981.0-0.371.00.990.990.980.950.78-0.170.91
0.990.20.760.97-0.950.970.830.830.940.870.620.840.420.980.970.98-0.390.980.960.990.960.960.82-0.180.91
0.98-0.010.620.99-0.990.980.730.730.920.770.740.880.610.990.920.97-0.270.990.990.980.960.930.68-0.110.84
0.950.20.750.94-0.920.950.850.850.840.850.510.830.430.940.950.95-0.240.940.950.950.960.930.83-0.30.9
0.790.530.980.72-0.690.750.960.960.730.970.210.610.020.740.890.78-0.470.760.730.780.820.680.83-0.490.95
-0.17-0.21-0.48-0.120.12-0.14-0.55-0.55-0.02-0.450.29-0.010.29-0.14-0.29-0.150.09-0.16-0.16-0.17-0.18-0.11-0.3-0.49-0.4
0.910.380.940.87-0.850.880.950.950.850.990.430.760.250.880.970.9-0.490.90.870.910.910.840.90.95-0.4
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Storage Vault Account Relationship Matchups

Storage Vault fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.6B1.8B2.0B2.0B2.1B
Total Current Liabilities19.5M28.5M31.5M35.0M34.9M45.2M
Total Stockholder Equity230.7M210.2M222.2M207.2M195.9M119.6M
Net Debt1.0B1.3B1.5B1.7B1.8B1.8B
Retained Earnings(121.1M)(154.4M)(190.3M)(231.5M)(233.2M)(221.5M)
Accounts Payable12.5M18.6M18.5M20.9M21.9M23.0M
Cash24.5M25.5M25.1M22.5M13.9M10.7M
Cash And Short Term Investments24.5M25.5M25.1M22.5M13.9M11.1M
Net Receivables5.4M4.6M4.1M6.6M8.5M8.9M
Common Stock Shares Outstanding360.5M363.5M370.3M378.1M385.6M195.7M
Liabilities And Stockholders Equity1.4B1.6B1.8B2.0B2.0B2.1B
Other Current Assets3.0M3.4M12.5M14.6M15.8M16.6M
Other Stockholder Equity(3.7M)(1.3M)5.9M13.7M11.5M12.1M
Total Liab1.2B1.4B1.6B1.8B1.8B1.9B
Total Current Assets32.9M33.5M41.8M43.8M39.3M41.2M
Short Long Term Debt Total1.1B1.3B1.5B1.7B1.8B1.9B
Property Plant And Equipment Net1.2B1.4B1.6B1.8B1.8B1.9B
Current Deferred Revenue7.0M9.8M12.9M14.1M13.1M13.7M
Non Current Assets Total1.4B1.6B1.8B2.0B2.0B2.1B
Good Will55.8M61.2M97.5M105.3M108.3M113.7M
Non Current Liabilities Total1.1B1.3B1.6B1.8B1.8B1.9B
Short Term Debt456.0M466.0M650.8M560.9M448.3M470.7M
Intangible Assets75.1M62.4M71.2M68.1M50.0M34.5M
Common Stock355.6M365.9M406.6M425.0M404.0M264.7M
Long Term Debt1.0B1.3B1.5B1.7B1.7B1.2B
Long Term Debt Total1.1B1.3B1.5B1.7B2.0B1.1B
Capital Surpluse8.8M15.1M26.4M38.5M44.2M46.4M
Cash And Equivalents24.5M25.5M25.1M22.5M25.9M22.8M
Property Plant Equipment1.2B1.4B1.6B1.9B2.1B1.3B
Other Liab71.1M63.0M58.3M54.6M49.1M47.9M
Net Tangible Assets58.1M50.2M53.4M33.8M30.4M52.3M
Net Invested Capital1.3B1.5B1.7B1.9B1.9B1.7B
Capital Stock355.6M365.9M406.6M425.0M404.0M420.9M
Net Working Capital13.4M5.1M10.3M8.8M4.3M4.6M

Other Information on Investing in Storage Stock

Balance Sheet is a snapshot of the financial position of Storage Vault Canada at a specified time, usually calculated after every quarter, six months, or one year. Storage Vault Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Storage Vault and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Storage currently owns. An asset can also be divided into two categories, current and non-current.