SBI Non Current Assets Total vs Other Current Assets Analysis

SBICARD Stock   700.60  11.30  1.59%   
SBI Cards financial indicator trend analysis is much more than just breaking down SBI Cards prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBI Cards is a good investment. Please check the relationship between SBI Cards Non Current Assets Total and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBI Cards and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Other Current Assets

Non Current Assets Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBI Cards Non Current Assets Total account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between SBI Cards' Non Current Assets Total and Other Current Assets is 0.36. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of SBI Cards and, assuming nothing else is changed. The correlation between historical values of SBI Cards' Non Current Assets Total and Other 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 Non Current Assets Total of SBI Cards and are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., SBI Cards' Non Current Assets Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.
Most indicators from SBI Cards' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBI Cards 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 SBI Cards and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 8.5 B, whereas Tax Provision is forecasted to decline to about 5.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit67.2B87.7B66.6B45.3B
Total Revenue86.4B112.7B110.9B59.1B

SBI Cards fundamental ratios Correlations

1.00.991.00.960.251.00.960.72-0.840.180.920.80.790.731.00.920.880.62-0.760.79-0.720.330.970.90.86
1.00.980.990.960.280.990.950.7-0.860.20.910.830.770.711.00.910.880.67-0.750.83-0.760.290.950.880.86
0.990.980.990.990.360.990.930.63-0.820.30.870.80.70.660.980.870.90.64-0.680.8-0.720.310.920.860.9
1.00.990.990.960.281.00.940.69-0.830.220.90.790.760.730.990.890.910.61-0.730.78-0.70.360.950.880.89
0.960.960.990.960.440.960.890.55-0.860.370.820.850.640.580.960.820.890.72-0.60.86-0.80.20.880.810.89
0.250.280.360.280.440.260.01-0.48-0.260.99-0.120.55-0.38-0.30.24-0.120.50.660.430.57-0.58-0.090.00.00.53
1.00.990.991.00.960.260.950.71-0.820.190.910.780.780.731.00.910.890.6-0.750.77-0.690.380.960.90.88
0.960.950.930.940.890.010.950.86-0.79-0.070.990.670.910.80.970.990.740.47-0.890.67-0.590.340.990.940.73
0.720.70.630.690.55-0.480.710.86-0.54-0.550.920.320.990.860.730.920.420.08-0.990.3-0.220.360.870.810.39
-0.84-0.86-0.82-0.83-0.86-0.26-0.82-0.79-0.54-0.18-0.77-0.9-0.65-0.65-0.85-0.78-0.75-0.810.63-0.90.88-0.06-0.81-0.68-0.74
0.180.20.30.220.370.990.19-0.07-0.55-0.18-0.20.46-0.46-0.360.17-0.20.460.570.50.48-0.49-0.07-0.07-0.060.49
0.920.910.870.90.82-0.120.910.990.92-0.77-0.20.620.950.860.931.00.680.41-0.940.62-0.540.320.980.90.66
0.80.830.80.790.850.550.780.670.32-0.90.460.620.450.460.80.640.780.96-0.40.99-0.99-0.020.680.530.76
0.790.770.70.760.64-0.380.780.910.99-0.65-0.460.950.450.850.80.960.490.23-0.990.43-0.360.350.910.850.46
0.730.710.660.730.58-0.30.730.80.86-0.65-0.360.860.460.850.730.850.620.24-0.880.45-0.380.220.820.650.53
1.01.00.980.990.960.241.00.970.73-0.850.170.930.80.80.730.930.870.63-0.770.8-0.720.320.970.90.85
0.920.910.870.890.82-0.120.910.990.92-0.78-0.21.00.640.960.850.930.670.44-0.940.63-0.560.310.980.90.65
0.880.880.90.910.890.50.890.740.42-0.750.460.680.780.490.620.870.670.64-0.480.78-0.710.240.770.660.95
0.620.670.640.610.720.660.60.470.08-0.810.570.410.960.230.240.630.440.64-0.180.97-0.99-0.120.470.340.66
-0.76-0.75-0.68-0.73-0.60.43-0.75-0.89-0.990.630.5-0.94-0.4-0.99-0.88-0.77-0.94-0.48-0.18-0.390.31-0.34-0.9-0.83-0.45
0.790.830.80.780.860.570.770.670.3-0.90.480.620.990.430.450.80.630.780.97-0.39-0.99-0.050.670.530.77
-0.72-0.76-0.72-0.7-0.8-0.58-0.69-0.59-0.220.88-0.49-0.54-0.99-0.36-0.38-0.72-0.56-0.71-0.990.31-0.990.12-0.59-0.45-0.71
0.330.290.310.360.2-0.090.380.340.36-0.06-0.070.32-0.020.350.220.320.310.24-0.12-0.34-0.050.120.350.430.31
0.970.950.920.950.880.00.960.990.87-0.81-0.070.980.680.910.820.970.980.770.47-0.90.67-0.590.350.940.74
0.90.880.860.880.810.00.90.940.81-0.68-0.060.90.530.850.650.90.90.660.34-0.830.53-0.450.430.940.66
0.860.860.90.890.890.530.880.730.39-0.740.490.660.760.460.530.850.650.950.66-0.450.77-0.710.310.740.66
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SBI Cards Account Relationship Matchups

SBI Cards fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets253.0B270.1B346.5B455.5B581.7B610.8B
Short Long Term Debt Total173.6B180.7B232.8B311.1B398.9B418.9B
Total Current Liabilities7.2B7.5B11.2B14.0B15.1B15.8B
Total Stockholder Equity53.4B63.0B77.5B98.3B120.8B126.9B
Property Plant And Equipment Net2.4B2.2B3.2B4.5B4.4B4.6B
Net Debt168.1B174.0B225.0B297.6B(23.9B)(22.7B)
Retained Earnings27.2B34.2B44.8B60.4B77.3B81.1B
Cash5.5B6.7B7.8B13.5B23.9B25.1B
Non Current Assets Total3.3B3.2B4.5B5.7B593.2B622.9B
Non Currrent Assets Other(3.3B)(3.2B)(4.5B)(5.7B)(42.0B)(39.9B)
Other Assets244.5B260.5B334.4B439.8B(38.8B)(36.9B)
Cash And Short Term Investments5.2B6.4B7.6B9.9B27.3B28.7B
Common Stock Shares Outstanding942M948.6M949.3M949M949.2M977.0M
Liabilities And Stockholders Equity253.0B270.1B346.5B455.5B581.7B610.8B
Non Current Liabilities Total30.8B46.9B63.5B83.0B825.4B866.7B
Other Stockholder Equity9.0B9.4B9.9B(8.3B)34.1B35.8B
Total Liab199.6B207.1B269.0B357.2B460.9B483.9B
Total Current Assets5.2B6.4B7.6B9.9B27.3B28.7B
Accumulated Other Comprehensive Income(1.2B)10.8B14.1B18.6B23.2B24.4B
Common Stock9.4B9.4B9.4B9.5B9.5B9.4B
Other Current Liab(10.5B)(5.0B)(4.4B)(5.3B)(15.1B)(15.8B)
Current Deferred Revenue3.3B3.7B4.4B5.3B(383.8B)(364.6B)
Accounts Payable7.2B8.8B11.2B14.0B15.1B15.8B
Net Receivables2.3B1.3B5.9B1.4B2.4B2.3B
Other Current Assets(226.1B)(16.8B)(24.6B)(25.9B)(29.7B)(31.2B)
Short Term Debt143.7B132.7B166.9B229.0B398.9B418.9B
Other Liab1.4B1.3B1.6B15.1B17.4B18.3B
Net Tangible Assets35.1B52.5B62.0B76.2B87.7B48.3B
Good Will2.8B4.0B2.2B2.5B3.5B2.6B
Inventory223.8B15.5B18.7B24.5B22.0B20.9B
Long Term Investments14.6M11.8B15.1B25.6B38.5B40.4B
Intangible Assets902.7M992.4M1.3B1.2B1.3B656.3M
Property Plant Equipment1.4B2.4B2.2B3.2B3.7B1.9B
Short Term Investments(349.3M)(290.4M)(268.3M)(3.6B)3.4B3.5B
Deferred Long Term Liab4.9B6.5B5.8B6.2B7.1B5.8B
Net Invested Capital225.3B243.7B307.4B409.4B519.8B316.2B
Capital Stock9.4B9.4B9.4B9.5B9.5B10.2B

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Other Information on Investing in SBI Stock

Balance Sheet is a snapshot of the financial position of SBI Cards at a specified time, usually calculated after every quarter, six months, or one year. SBI Cards Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SBI Cards 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 SBI currently owns. An asset can also be divided into two categories, current and non-current.