| SFST Stock | | | USD 44.50 0.40 0.91% |
Southern First financial indicator trend analysis is much more than just breaking down Southern First Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern First Bancshares is a good investment. Please check the relationship between Southern First Cash and its Other Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Southern First Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Cash vs Other Assets
Cash vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Southern First Bancshares Cash account and
Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Southern First's Cash and Other Assets is 0.54. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Assets in the same time period over historical financial statements of Southern First Bancshares, assuming nothing else is changed. The correlation between historical values of Southern First's Cash and Other 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 Cash of Southern First Bancshares are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash i.e., Southern First's Cash and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.54 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Southern First Bancshares, which is listed under current asset account on Southern First Bancshares balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Southern First customers. The amounts must be unrestricted with restricted cash listed in a different Southern First account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Other Assets
Most indicators from Southern First's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern First Bancshares 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 Southern First Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Southern First's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 27.47 in 2024, whereas
Tax Provision is likely to drop slightly above 3.8
M in 2024.
Southern First fundamental ratios Correlations
Click cells to compare fundamentals
Southern First Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern First fundamental ratios Accounts
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Additional Tools for Southern Stock Analysis
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measure Southern First'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 Southern First is operating at the current time. Most of Southern First's value examination focuses on studying past and present price action to
predict the probability of Southern First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern First's price. Additionally, you may evaluate how the addition of Southern First to your portfolios can decrease your overall portfolio volatility.