SEVEN Other Current Assets vs Total Assets Analysis

SVW Stock   44.91  0.39  0.86%   
SEVEN GROUP financial indicator trend analysis is much more than just breaking down SEVEN GROUP HOLDINGS prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SEVEN GROUP HOLDINGS is a good investment. Please check the relationship between SEVEN GROUP Other Current Assets and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SEVEN 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 board of governors.

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SEVEN GROUP HOLDINGS Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between SEVEN GROUP's Other Current Assets and Total Assets is 0.18. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of SEVEN GROUP HOLDINGS, assuming nothing else is changed. The correlation between historical values of SEVEN GROUP's Other Current Assets and Total 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 Other Current Assets of SEVEN GROUP HOLDINGS are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., SEVEN GROUP's Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of SEVEN GROUP assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SEVEN GROUP HOLDINGS books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from SEVEN GROUP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SEVEN 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 SEVEN 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 board of governors.
Selling General Administrative is likely to drop to about 744.4 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses7.3B8.6B8.9B9.3B
Interest Expense262.3M284.5M327M343.4M

SEVEN GROUP fundamental ratios Correlations

0.980.840.960.630.960.870.960.740.870.720.990.020.720.950.830.970.860.180.990.950.810.610.92-0.45-0.02
0.980.80.940.510.980.840.990.650.820.720.98-0.020.720.920.830.990.790.180.990.90.820.630.86-0.45-0.19
0.840.80.90.330.860.750.80.910.80.490.80.230.490.810.530.830.890.160.860.860.630.160.87-0.66-0.07
0.960.940.90.50.930.810.920.770.890.730.930.170.730.940.730.950.880.150.970.950.870.520.87-0.45-0.04
0.630.510.330.50.440.50.50.430.460.50.64-0.070.50.560.760.490.520.150.510.550.470.490.65-0.130.37
0.960.980.860.930.440.860.980.710.810.680.96-0.050.680.910.780.980.790.190.990.890.750.530.85-0.54-0.25
0.870.840.750.810.50.860.830.630.740.660.850.110.660.890.670.890.770.070.870.850.550.570.75-0.32-0.13
0.960.990.80.920.50.980.830.670.80.630.98-0.040.640.910.830.980.770.150.980.870.790.60.87-0.49-0.22
0.740.650.910.770.430.710.630.670.710.260.720.180.260.70.490.670.840.030.720.720.470.050.89-0.720.14
0.870.820.80.890.460.810.740.80.710.650.820.090.650.940.70.850.910.020.870.920.680.470.78-0.410.27
0.720.720.490.730.50.680.660.630.260.650.670.081.00.70.620.720.550.30.720.780.750.650.460.020.02
0.990.980.80.930.640.960.850.980.720.820.67-0.020.670.930.860.970.810.130.980.890.810.640.92-0.46-0.09
0.02-0.020.230.17-0.07-0.050.11-0.040.180.090.08-0.020.080.1-0.160.070.160.060.030.150.160.110.030.410.14
0.720.720.490.730.50.680.660.640.260.651.00.670.080.70.620.720.550.30.720.790.750.650.460.020.02
0.950.920.810.940.560.910.890.910.70.940.70.930.10.70.80.950.890.020.950.940.740.620.85-0.380.07
0.830.830.530.730.760.780.670.830.490.70.620.86-0.160.620.80.80.60.030.80.70.670.660.74-0.32-0.01
0.970.990.830.950.490.980.890.980.670.850.720.970.070.720.950.80.820.170.990.920.790.630.85-0.42-0.16
0.860.790.890.880.520.790.770.770.840.910.550.810.160.550.890.60.820.070.850.930.610.280.88-0.540.27
0.180.180.160.150.150.190.070.150.030.020.30.130.060.30.020.030.170.070.180.270.150.030.110.06-0.04
0.990.990.860.970.510.990.870.980.720.870.720.980.030.720.950.80.990.850.180.940.810.580.88-0.48-0.12
0.950.90.860.950.550.890.850.870.720.920.780.890.150.790.940.70.920.930.270.940.760.510.84-0.380.13
0.810.820.630.870.470.750.550.790.470.680.750.810.160.750.740.670.790.610.150.810.760.650.66-0.18-0.11
0.610.630.160.520.490.530.570.60.050.470.650.640.110.650.620.660.630.280.030.580.510.650.360.32-0.04
0.920.860.870.870.650.850.750.870.890.780.460.920.030.460.850.740.850.880.110.880.840.660.36-0.630.08
-0.45-0.45-0.66-0.45-0.13-0.54-0.32-0.49-0.72-0.410.02-0.460.410.02-0.38-0.32-0.42-0.540.06-0.48-0.38-0.180.32-0.630.16
-0.02-0.19-0.07-0.040.37-0.25-0.13-0.220.140.270.02-0.090.140.020.07-0.01-0.160.27-0.04-0.120.13-0.11-0.040.080.16
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SEVEN GROUP Account Relationship Matchups

SEVEN GROUP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4B8.8B13.6B13.6B13.6B14.3B
Short Long Term Debt Total3.4B3.3B6.6B5.9B6.0B6.3B
Other Current Liab306.8M476.8M805.1M873.5M1.8B1.9B
Total Current Liabilities916.9M1.8B3.1B2.5B3.2B3.4B
Total Stockholder Equity2.9B4.0B3.5B3.9B4.1B2.1B
Property Plant And Equipment Net1.7B1.7B4.5B4.7B5.0B5.2B
Current Deferred Revenue216M159.9M259.7M555.1M383.6M402.8M
Net Debt3.3B3.1B5.4B5.0B5.3B5.6B
Retained Earnings697.9M1.2B698.6M1.1B2.4B2.5B
Accounts Payable260.6M243.9M526.2M560M586.7M616.0M
Cash119.8M160.9M1.3B876.5M654.3M368.9M
Non Current Assets Total5.6B6.9B9.3B9.4B9.3B9.7B
Non Currrent Assets Other235.7M239M(1.3B)(1.3B)384M403.2M
Cash And Short Term Investments119.8M160.9M1.3B876.5M654.3M369.6M
Net Receivables775.4M832.3M1.3B1.6B1.4B1.5B
Common Stock Shares Outstanding339.6M344.7M364.6M366.5M376.9M316.3M
Liabilities And Stockholders Equity7.4B8.8B13.6B13.6B13.6B14.3B
Non Current Liabilities Total3.7B2.9B6.2B6.5B6.3B6.6B
Inventory836.8M804.2M1.3B1.5B2.0B2.1B
Other Current Assets67.8M45.3M449.4M256.2M279.2M164.3M
Total Liab4.6B4.7B9.3B9.0B9.5B10.0B
Total Current Assets1.8B1.8B4.3B4.3B4.3B4.6B
Accumulated Other Comprehensive Income(693.4M)(504.6M)(527.9M)(533.2M)(590.7M)(561.2M)
Short Term Debt110.3M853.4M1.4B521.7M775.5M814.3M
Intangible Assets1.6B1.6B2.2B2.2B563.7M965.5M
Other Stockholder Equity51.5M(72.2M)(3.4M)(11.1M)(2.5B)(2.4B)

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Additional Tools for SEVEN Stock Analysis

When running SEVEN GROUP's price analysis, check to measure SEVEN GROUP'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 SEVEN GROUP is operating at the current time. Most of SEVEN GROUP's value examination focuses on studying past and present price action to predict the probability of SEVEN GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SEVEN GROUP's price. Additionally, you may evaluate how the addition of SEVEN GROUP to your portfolios can decrease your overall portfolio volatility.