Selectquote Total Stockholder Equity vs Property Plant And Equipment Net Analysis

SLQT Stock  USD 2.90  0.08  2.84%   
Selectquote financial indicator trend analysis is much more than just breaking down Selectquote prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Selectquote is a good investment. Please check the relationship between Selectquote Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selectquote. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy Selectquote Stock please use our How to Invest in Selectquote guide.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Selectquote Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Selectquote's Total Stockholder Equity and Property Plant And Equipment Net is 0.74. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Selectquote, assuming nothing else is changed. The correlation between historical values of Selectquote's Total Stockholder Equity and Property Plant And Equipment Net 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 Selectquote are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Selectquote's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.74
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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Selectquote's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Selectquote 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 Selectquote. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy Selectquote Stock please use our How to Invest in Selectquote guide.At this time, Selectquote's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Enterprise Value Multiple is likely to drop 12.60 in 2024.
 2023 2024 (projected)
Depreciation And Amortization25.0M17.6M
Interest Income1.9M1.4M

Selectquote fundamental ratios Correlations

0.940.960.930.870.260.870.930.50.78-0.750.960.740.990.10.970.950.740.920.910.960.890.970.980.970.9
0.940.940.960.66-0.070.670.940.570.94-0.880.920.520.97-0.210.981.00.520.990.730.950.840.930.990.950.92
0.960.940.960.780.120.80.850.520.79-0.840.920.710.94-0.030.940.950.710.920.840.980.830.980.960.990.81
0.930.960.960.68-0.010.720.840.610.89-0.870.960.540.95-0.120.970.960.540.970.760.990.870.950.960.960.85
0.870.660.780.680.690.990.740.270.37-0.380.820.920.80.530.750.670.920.610.980.770.770.810.740.790.69
0.26-0.070.12-0.010.690.670.12-0.23-0.370.390.230.720.160.950.09-0.060.72-0.120.610.110.20.160.050.160.09
0.870.670.80.720.990.670.710.340.39-0.420.860.890.810.520.770.680.890.630.980.80.80.830.750.810.67
0.930.940.850.840.740.120.710.520.84-0.710.870.580.96-0.040.930.940.580.910.780.850.790.860.960.870.98
0.50.570.520.610.27-0.230.340.520.61-0.710.550.00.55-0.360.580.570.00.60.330.590.580.620.550.470.55
0.780.940.790.890.37-0.370.390.840.61-0.90.780.20.85-0.460.890.930.20.960.460.820.710.780.890.80.86
-0.75-0.88-0.84-0.87-0.380.39-0.42-0.71-0.71-0.9-0.74-0.22-0.780.53-0.8-0.88-0.22-0.89-0.46-0.83-0.75-0.85-0.84-0.78-0.69
0.960.920.920.960.820.230.860.870.550.78-0.740.660.960.10.970.910.660.920.860.970.940.940.940.950.86
0.740.520.710.540.920.720.890.580.00.2-0.220.660.640.60.590.541.00.440.90.650.540.670.610.730.49
0.990.970.940.950.80.160.810.960.550.85-0.780.960.640.010.990.970.640.960.850.960.880.950.990.950.95
0.1-0.21-0.03-0.120.530.950.52-0.04-0.36-0.460.530.10.60.01-0.03-0.20.6-0.240.48-0.02-0.01-0.02-0.10.04-0.02
0.970.980.940.970.750.090.770.930.580.89-0.80.970.590.99-0.030.970.590.980.810.970.870.940.980.960.94
0.951.00.950.960.67-0.060.680.940.570.93-0.880.910.540.97-0.20.970.540.990.730.950.840.940.990.950.92
0.740.520.710.540.920.720.890.580.00.2-0.220.661.00.640.60.590.540.440.90.650.540.670.610.730.49
0.920.990.920.970.61-0.120.630.910.60.96-0.890.920.440.96-0.240.980.990.440.680.940.850.910.980.920.91
0.910.730.840.760.980.610.980.780.330.46-0.460.860.90.850.480.810.730.90.680.830.760.860.80.850.76
0.960.950.980.990.770.110.80.850.590.82-0.830.970.650.96-0.020.970.950.650.940.830.880.970.960.990.83
0.890.840.830.870.770.20.80.790.580.71-0.750.940.540.88-0.010.870.840.540.850.760.880.910.860.830.75
0.970.930.980.950.810.160.830.860.620.78-0.850.940.670.95-0.020.940.940.670.910.860.970.910.950.950.83
0.980.990.960.960.740.050.750.960.550.89-0.840.940.610.99-0.10.980.990.610.980.80.960.860.950.960.93
0.970.950.990.960.790.160.810.870.470.8-0.780.950.730.950.040.960.950.730.920.850.990.830.950.960.84
0.90.920.810.850.690.090.670.980.550.86-0.690.860.490.95-0.020.940.920.490.910.760.830.750.830.930.84
Click cells to compare fundamentals

Selectquote Account Relationship Matchups

Selectquote fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.4B1.3B1.2B1.2B1.1B
Short Long Term Debt Total311.8M502.7M744.8M731.6M713.9M479.3M
Other Current Liab71.1M61.8M68.2M70.5M74.6M59.9M
Total Current Liabilities95.8M108.8M113.5M137.3M174.6M108.0M
Total Stockholder Equity545.7M674.9M391.1M347.0M316.8M428.5M
Other Liab120.4M152.7M52.9M42.4M38.2M69.7M
Net Tangible Assets471.0M553.6M314.4M292.9M336.8M378.5M
Property Plant And Equipment Net22.2M60.9M69.8M51.0M42.4M42.6M
Current Deferred Revenue1.7M5.1M8.0M1.7M12.7M13.4M
Net Debt(9.3M)216.3M603.8M648.4M671.2M341.7M
Retained Earnings(2.8M)128.3M(177.1M)(235.6M)(269.8M)(256.3M)
Accounts Payable22.9M34.1M24.8M27.6M36.6M25.0M
Cash321.1M286.5M141.0M83.2M42.7M40.6M
Non Current Assets Total560.0M940.4M887.3M856.0M861.0M726.4M
Non Currrent Assets Other463.2M758.2M(46.9M)21.6M46.0M43.7M
Other Assets463.2M758.2M725.5M733.1M843.0M578.7M
Long Term Debt311.8M459.0M698.4M664.6M637.5M442.0M
Cash And Short Term Investments321.1M286.5M141.0M83.2M42.7M40.6M
Net Receivables134.8M194.5M246.0M265.7M270.9M202.2M
Common Stock Total Equity1.2M1.6M1.6M1.6M1.9M1.6M
Liabilities And Stockholders Equity1.1B1.4B1.3B1.2B1.2B1.1B
Non Current Liabilities Total432.3M650.2M785.4M735.0M702.5M550.2M
Capital Lease Obligations0.043.9M39.5M33.1M30.6M23.1M
Other Current Assets10.1M4.3M10.0M8.8M10.6M8.5M
Other Stockholder Equity548.1M544.8M554.8M567.3M580.8M459.4M
Total Liab528.1M759.0M898.9M872.3M877.1M658.2M
Net Invested Capital857.5M1.1B1.1B1.0B1.0B884.9M
Property Plant And Equipment Gross22.2M60.9M69.8M51.0M81.8M48.8M
Total Current Assets513.8M493.4M402.8M363.2M332.9M360.3M
Accumulated Other Comprehensive Income(1.3M)229K11.7M13.7M4.1M4.3M
Net Working Capital418.0M384.6M289.3M226.0M158.3M252.2M
Short Term Debt49K7.8M12.6M39.2M50.7M53.2M
Intangible Assets28.1M53.3M47.6M24.9M24.2M28.9M
Common Stock1.6M1.6M1.6M1.7M1.7M1.7M
Property Plant Equipment22.2M60.9M69.8M51.0M58.7M41.9M

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Additional Tools for Selectquote Stock Analysis

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