SLPE Other Current Assets vs Short Term Investments Analysis

SLPE Stock   550.00  6.00  1.10%   
SL Private financial indicator trend analysis is much more than just breaking down SL Private Equity prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SL Private Equity is a good investment. Please check the relationship between SL Private Other Current Assets and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SL Private Equity. 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 Short Term Investments

Other Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SL Private Equity Other Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between SL Private's Other Current Assets and Short Term Investments is 0.99. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of SL Private Equity, assuming nothing else is changed. The correlation between historical values of SL Private's Other Current Assets and Short Term Investments 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 SL Private Equity are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Assets i.e., SL Private's Other Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Short Term Investments

Short Term Investments is an item under the current assets section of SL Private balance sheet. It contains any investments SL Private Equity undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that SL Private Equity can easily liquidate in the marketplace.
Most indicators from SL Private's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SL Private Equity 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 SL Private Equity. 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 gain to about 1.2 M in 2024. Tax Provision is likely to gain to about 543.9 K in 2024
 2021 2022 2023 2024 (projected)
Gross Profit289.5M147.0M169.0M84.7M
Total Revenue289.5M147.0M169.0M84.7M

SL Private fundamental ratios Correlations

1.0-0.180.960.030.9-0.840.0-0.320.03-0.030.470.050.06-0.84-0.841.00.070.99-0.96-0.470.54-0.85-0.440.810.84
1.0-0.190.960.040.89-0.84-0.01-0.310.04-0.040.450.060.07-0.84-0.831.00.090.99-0.96-0.490.55-0.86-0.450.820.85
-0.18-0.19-0.190.52-0.120.03-0.060.090.05-0.05-0.450.51-0.120.030.05-0.190.44-0.210.220.21-0.210.240.2-0.16-0.2
0.960.96-0.190.070.79-0.830.01-0.290.03-0.030.350.090.21-0.83-0.770.960.150.94-0.95-0.510.56-0.91-0.480.890.87
0.030.040.520.07-0.13-0.330.240.25-0.220.22-0.811.00.13-0.34-0.060.040.97-0.070.03-0.320.30.13-0.320.04-0.09
0.90.89-0.120.79-0.13-0.64-0.02-0.390.03-0.030.59-0.12-0.17-0.64-0.740.89-0.140.92-0.87-0.230.3-0.68-0.230.680.79
-0.84-0.840.03-0.83-0.33-0.64-0.050.390.01-0.01-0.12-0.35-0.121.00.84-0.84-0.37-0.80.730.56-0.610.660.52-0.6-0.58
0.0-0.01-0.060.010.24-0.02-0.050.2-1.01.0-0.260.240.72-0.050.01-0.010.41-0.040.01-0.060.040.19-0.070.02-0.05
-0.32-0.310.09-0.290.25-0.390.390.2-0.190.19-0.40.250.090.40.28-0.310.25-0.360.34-0.20.150.34-0.18-0.29-0.36
0.030.040.050.03-0.220.030.01-1.0-0.19-1.00.24-0.22-0.710.02-0.030.04-0.380.07-0.04-0.010.02-0.220.00.00.07
-0.03-0.04-0.05-0.030.22-0.03-0.011.00.19-1.0-0.240.220.71-0.020.03-0.040.38-0.070.040.01-0.020.220.00.0-0.07
0.470.45-0.450.35-0.810.59-0.12-0.26-0.40.24-0.24-0.8-0.23-0.11-0.390.45-0.80.55-0.480.12-0.05-0.440.130.310.47
0.050.060.510.091.0-0.12-0.350.240.25-0.220.22-0.80.13-0.36-0.080.060.97-0.050.02-0.340.320.12-0.340.04-0.08
0.060.07-0.120.210.13-0.17-0.120.720.09-0.710.71-0.230.13-0.130.00.070.370.02-0.1-0.130.1-0.21-0.090.270.12
-0.84-0.840.03-0.83-0.34-0.641.0-0.050.40.02-0.02-0.11-0.36-0.130.83-0.84-0.38-0.80.730.56-0.610.660.52-0.62-0.59
-0.84-0.830.05-0.77-0.06-0.740.840.010.28-0.030.03-0.39-0.080.00.83-0.83-0.1-0.840.680.26-0.320.590.2-0.5-0.52
1.01.0-0.190.960.040.89-0.84-0.01-0.310.04-0.040.450.060.07-0.84-0.830.090.99-0.96-0.490.55-0.86-0.450.820.85
0.070.090.440.150.97-0.14-0.370.410.25-0.380.38-0.80.970.37-0.38-0.10.09-0.03-0.02-0.360.330.05-0.340.11-0.05
0.990.99-0.210.94-0.070.92-0.8-0.04-0.360.07-0.070.55-0.050.02-0.8-0.840.99-0.03-0.96-0.40.47-0.85-0.370.80.85
-0.96-0.960.22-0.950.03-0.870.730.010.34-0.040.04-0.480.02-0.10.730.68-0.96-0.02-0.960.43-0.480.890.41-0.89-0.92
-0.47-0.490.21-0.51-0.32-0.230.56-0.06-0.2-0.010.010.12-0.34-0.130.560.26-0.49-0.36-0.40.43-0.980.480.99-0.31-0.28
0.540.55-0.210.560.30.3-0.610.040.150.02-0.02-0.050.320.1-0.61-0.320.550.330.47-0.48-0.98-0.52-0.960.410.39
-0.85-0.860.24-0.910.13-0.680.660.190.34-0.220.22-0.440.12-0.210.660.59-0.860.05-0.850.890.48-0.520.45-0.85-0.85
-0.44-0.450.2-0.48-0.32-0.230.52-0.07-0.180.00.00.13-0.34-0.090.520.2-0.45-0.34-0.370.410.99-0.960.45-0.3-0.27
0.810.82-0.160.890.040.68-0.60.02-0.290.00.00.310.040.27-0.62-0.50.820.110.8-0.89-0.310.41-0.85-0.30.98
0.840.85-0.20.87-0.090.79-0.58-0.05-0.360.07-0.070.47-0.080.12-0.59-0.520.85-0.050.85-0.92-0.280.39-0.85-0.270.98
Click cells to compare fundamentals

SL Private Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for SLPE Stock Analysis

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