Sims Short Term Debt vs Property Plant And Equipment Gross Analysis
SGM Stock | 12.90 0.17 1.30% |
Sims financial indicator trend analysis is much more than just breaking down Sims prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sims is a good investment. Please check the relationship between Sims Short Term Debt and its Property Plant And Equipment Gross accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sims. 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 Property Plant And Equipment Gross
Short Term Debt vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sims Short Term Debt account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sims' Short Term Debt and Property Plant And Equipment Gross is 0.29. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Sims, assuming nothing else is changed. The correlation between historical values of Sims' Short Term Debt and Property Plant And Equipment Gross 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 Sims are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Short Term Debt i.e., Sims' Short Term Debt and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Term Debt
Property Plant And Equipment Gross
Most indicators from Sims' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sims 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 Sims. 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. Discontinued Operations is likely to gain to about 120.8 K in 2024, whereas Selling General Administrative is likely to drop slightly above 510.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 36.5M | 35.4M | 71.6M | 75.2M | Depreciation And Amortization | 222.3M | 224.9M | 231.6M | 243.2M |
Sims fundamental ratios Correlations
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Sims Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sims fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2B | 3.7B | 4.4B | 4.7B | 4.9B | 5.1B | |
Short Long Term Debt Total | 480.4M | 557.1M | 701.7M | 804.8M | 949.3M | 996.8M | |
Other Current Liab | 217.7M | 342M | 422.4M | 445.3M | 792M | 831.6M | |
Total Current Liabilities | 535.6M | 850.7M | 1.0B | 1.1B | 1.4B | 1.5B | |
Total Stockholder Equity | 2.0B | 2.1B | 2.5B | 2.7B | 2.6B | 1.5B | |
Property Plant And Equipment Net | 1.5B | 1.4B | 1.6B | 1.7B | 1.6B | 1.7B | |
Current Deferred Revenue | 18.9M | 31.6M | 45M | 61.6M | 111.1M | 116.7M | |
Net Debt | 253.1M | 316.8M | 448.9M | 496.1M | 856.2M | 899.0M | |
Retained Earnings | (1.0B) | (821.6M) | (371.4M) | (349M) | (478.6M) | (454.7M) | |
Accounts Payable | 223.9M | 392.4M | 454M | 471.2M | 363.9M | 282.2M | |
Cash | 227.3M | 240.3M | 252.8M | 308.7M | 93.1M | 132.8M | |
Non Current Assets Total | 1.9B | 1.9B | 2.4B | 2.5B | 2.8B | 2.9B | |
Non Currrent Assets Other | (221.9M) | (134.7M) | (161M) | (145.7M) | 57.8M | 60.7M | |
Cash And Short Term Investments | 243.1M | 254.1M | 267.5M | 329.8M | 280.8M | 143.7M | |
Net Receivables | 269.6M | 467.9M | 498.9M | 478.9M | 617.3M | 340.4M | |
Liabilities And Stockholders Equity | 3.2B | 3.7B | 4.4B | 4.7B | 4.9B | 5.1B | |
Non Current Liabilities Total | 116.9M | 232M | 355.5M | 444.2M | 912.7M | 958.3M | |
Inventory | 334.3M | 639.5M | 763.8M | 707.6M | 603.7M | 399.3M | |
Total Liab | 1.2B | 1.6B | 1.9B | 2.0B | 2.3B | 2.5B | |
Property Plant And Equipment Gross | 1.5B | 2.7B | 3.0B | 3.3B | 3.0B | 3.2B | |
Total Current Assets | 974.8M | 1.5B | 1.8B | 2.0B | 2.1B | 2.2B | |
Short Term Debt | (64.8M) | 70.5M | 68.5M | (12.8M) | 73.5M | 77.2M | |
Accumulated Other Comprehensive Income | 266.9M | 212.9M | 325.7M | 430.1M | 448M | 470.4M | |
Common Stock | 2.7B | 2.7B | 2.6B | 2.6B | 2.6B | 1.6B | |
Good Will | 59.3M | 79.9M | 102.5M | 111.3M | 197.8M | 286.0M | |
Intangible Assets | 700K | 13.1M | 30.7M | 36.7M | 103.5M | 130.2M | |
Short Term Investments | 14.1M | 3M | 700K | 1.2M | 187.7M | 197.1M | |
Other Current Assets | 127.8M | 171.8M | 241.8M | 445.1M | 618.9M | 649.8M | |
Other Liab | 278.3M | 289.4M | 249.7M | 232.8M | 267.7M | 281.1M | |
Other Assets | 344.3M | 239.5M | 261.3M | 248.8M | 1.0 | 0.95 | |
Long Term Debt | 116.9M | 232M | 355.5M | 444.2M | 505M | 530.3M | |
Property Plant Equipment | 1.5B | 1.4B | 1.6B | 1.7B | 2.0B | 2.1B | |
Net Tangible Assets | 1.9B | 2.0B | 2.4B | 2.5B | 2.9B | 2.1B | |
Long Term Investments | 362.7M | 452.1M | 693.4M | 632.5M | 613.4M | 419.3M | |
Long Term Debt Total | 409.9M | 488.6M | 627M | 722.7M | 831.1M | 872.7M |
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