SBI Total Stockholder Equity vs Non Current Assets Total 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 Total Stockholder Equity and its Non Current Assets Total 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.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBI Cards Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between SBI Cards' Total Stockholder Equity and Non Current Assets Total is 0.69. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total 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' Total Stockholder Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of SBI Cards and are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., SBI Cards' Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.
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.