Security Ptb Ratio vs Interest Coverage Analysis

SNFCA Stock  USD 12.54  0.25  1.95%   
Security National financial indicator trend analysis is much more than just breaking down Security National prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Security National is a good investment. Please check the relationship between Security National Ptb Ratio and its Interest Coverage accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Security National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Ptb Ratio vs Interest Coverage

Ptb Ratio vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Security National Ptb Ratio account and Interest Coverage. At this time, the significance of the direction appears to have weak relationship.
The correlation between Security National's Ptb Ratio and Interest Coverage is 0.36. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Security National Financial, assuming nothing else is changed. The correlation between historical values of Security National's Ptb Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Security National Financial are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Ptb Ratio i.e., Security National's Ptb Ratio and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Interest Coverage

Most indicators from Security National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Security National 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 Security National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Security National's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 4.26, whereas Selling General Administrative is forecasted to decline to about 75.3 M.
 2021 2022 2023 2024 (projected)
Total Revenue470.7M390.3M318.5M174.7M
Interest Expense7.1M7.8M4.9M3.8M

Security National fundamental ratios Correlations

0.630.970.510.930.020.45-0.540.951.00.720.550.250.640.080.010.51-0.55-0.590.20.660.90.740.880.70.02
0.630.480.80.4-0.250.56-0.140.470.670.370.0-0.340.380.060.290.78-0.27-0.230.550.70.520.570.410.710.3
0.970.480.350.990.070.46-0.60.990.950.680.660.430.61-0.02-0.050.36-0.54-0.640.170.570.890.640.940.58-0.04
0.510.80.350.28-0.30.4-0.270.280.550.2-0.17-0.470.12-0.190.340.81-0.42-0.380.270.80.360.650.210.440.36
0.930.40.990.280.090.45-0.630.980.90.640.660.480.6-0.1-0.070.28-0.54-0.660.140.520.870.60.950.5-0.06
0.02-0.250.07-0.30.09-0.15-0.410.020.010.110.040.090.07-0.06-1.0-0.08-0.34-0.17-0.230.080.180.220.05-0.14-1.0
0.450.560.460.40.45-0.15-0.390.470.440.30.20.080.25-0.150.170.36-0.38-0.490.340.370.470.340.520.450.17
-0.54-0.14-0.6-0.27-0.63-0.41-0.39-0.56-0.52-0.13-0.36-0.30.010.460.39-0.120.950.970.23-0.38-0.73-0.61-0.53-0.070.38
0.950.470.990.280.980.020.47-0.560.930.650.710.490.610.040.00.28-0.5-0.60.170.460.890.570.960.60.01
1.00.670.950.550.90.010.44-0.520.930.720.520.190.630.120.020.55-0.54-0.570.210.680.90.760.850.730.04
0.720.370.680.20.640.110.3-0.130.650.720.24-0.010.920.47-0.080.47-0.1-0.120.350.510.60.610.630.73-0.07
0.550.00.66-0.170.660.040.2-0.360.710.520.240.910.170.12-0.07-0.16-0.27-0.37-0.2-0.030.55-0.010.70.22-0.07
0.25-0.340.43-0.470.480.090.08-0.30.490.19-0.010.91-0.02-0.07-0.12-0.5-0.14-0.29-0.32-0.310.28-0.280.52-0.12-0.13
0.640.380.610.120.60.070.250.010.610.630.920.17-0.020.42-0.040.330.060.010.40.420.470.510.60.65-0.03
0.080.06-0.02-0.19-0.1-0.06-0.150.460.040.120.470.12-0.070.420.060.030.340.470.01-0.190.06-0.030.00.420.06
0.010.29-0.050.34-0.07-1.00.170.390.00.02-0.08-0.07-0.12-0.040.060.120.320.160.25-0.04-0.15-0.17-0.040.171.0
0.510.780.360.810.28-0.080.36-0.120.280.550.47-0.16-0.50.330.030.12-0.21-0.160.610.890.390.580.250.530.13
-0.55-0.27-0.54-0.42-0.54-0.34-0.380.95-0.5-0.54-0.1-0.27-0.140.060.340.32-0.210.940.31-0.41-0.74-0.66-0.42-0.190.31
-0.59-0.23-0.64-0.38-0.66-0.17-0.490.97-0.6-0.57-0.12-0.37-0.290.010.470.16-0.160.940.19-0.4-0.75-0.61-0.56-0.130.15
0.20.550.170.270.14-0.230.340.230.170.210.35-0.2-0.320.40.010.250.610.310.190.460.090.120.240.320.25
0.660.70.570.80.520.080.37-0.380.460.680.51-0.03-0.310.42-0.19-0.040.89-0.41-0.40.460.50.760.420.43-0.02
0.90.520.890.360.870.180.47-0.730.890.90.60.550.280.470.06-0.150.39-0.74-0.750.090.50.70.810.63-0.14
0.740.570.640.650.60.220.34-0.610.570.760.61-0.01-0.280.51-0.03-0.170.58-0.66-0.610.120.760.70.510.55-0.15
0.880.410.940.210.950.050.52-0.530.960.850.630.70.520.60.0-0.040.25-0.42-0.560.240.420.810.510.51-0.03
0.70.710.580.440.5-0.140.45-0.070.60.730.730.22-0.120.650.420.170.53-0.19-0.130.320.430.630.550.510.18
0.020.3-0.040.36-0.06-1.00.170.380.010.04-0.07-0.07-0.13-0.030.061.00.130.310.150.25-0.02-0.14-0.15-0.030.18
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Security National Account Relationship Matchups

Security National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.5B1.5B1.5B1.4B1.5B
Short Long Term Debt Total218.8M299.1M251.3M161.7M105.6M74.6M
Total Stockholder Equity196.7M264.0M299.8M292.8M312.9M328.5M
Net Debt89.8M191.6M119.9M40.8M(21.4M)(20.3M)
Retained Earnings101.3M153.7M184.5M202.2M207.0M217.3M
Other Assets399.1M745.4M752.2M939.9M(37.5M)(39.4M)
Common Stock Shares Outstanding21.6M22.3M23.1M21.9M23.8M20.3M
Liabilities And Stockholders Equity1.3B1.5B1.5B1.5B1.4B1.5B
Non Current Liabilities Total228.9M309.7M264.5M1.1B1.1B1.1B
Other Stockholder Equity44.5M48.5M56.1M60.4M66.8M70.1M
Total Liab1.1B1.3B1.2B1.2B1.1B1.2B
Property Plant And Equipment Net24.1M21.2M30.5M29.7M25.5M20.1M
Non Current Assets Total419.3M376.2M371.6M25.8M1.3B1.4B
Non Currrent Assets Other(419.3M)(376.2M)(371.6M)(382.7M)1.3B1.4B
Net Receivables25.0M26.5M33.2M43.6M30.2M26.2M
Property Plant And Equipment Gross18.0M16.9M24.1M12.5M14.3M18.7M
Total Current Assets516.0M427.3M423.8M495.4M129.8M123.3M
Intangible Assets28.4M45.5M65.0M16.1M6.5M6.1M
Other Current Liab(12.6B)(13.1B)(202.5M)(115.2M)(24.4M)(23.2M)
Total Current Liabilities6.3M10.2M11.4M52.3M94.3M89.6M
Accounts Payable5.1M8.9M10.2M5.4M2.9M3.0M
Cash127.8M106.2M131.4M120.9M126.9M133.3M
Cash And Short Term Investments491.0M400.9M390.6M466.8M129.8M100.2M
Common Stock Total Equity33.2M35.0M37.2M33.2M38.2M21.4M
Short Term Investments363.2M294.7M259.3M345.9M36.4M34.6M
Accumulated Other Comprehensive Income13.7M23.2M18.1M(13.1M)(6.9M)(6.5M)
Common Stock37.2M38.6M41.0M43.3M46.0M24.3M
Other Current Assets246.7M151.3M156.1M159.8M152.4M160.1M
Other Liab891.3M938.3M961.3M966.6M1.1B1.2B
Long Term Debt217.6M296.5M250.0M161.7M97.8M80.0M
Inventory(246.7M)(151.3M)(156.1M)(174.8M)(193.6M)(183.9M)
Treasury Stock(931.1K)(206.4K)(1.6M)(1.8M)(2.1M)(2.2M)
Property Plant Equipment14.6M24.1M34.0M30.6M35.2M43.7M
Current Deferred Revenue12.6B13.1B14.5B16.2M18.2B9.4B
Net Tangible Assets193.2M259.2M290.9M284.3M326.9M174.3M
Retained Earnings Total Equity77.5M95.2M101.3M153.7M176.8M185.6M
Long Term Debt Total157.5M187.5M217.6M297.8M342.5M359.6M

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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.
When determining whether Security National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Security National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Security National Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Security National Financial Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Security National Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Security National. If investors know Security will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Security National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.111
Earnings Share
1.2
Revenue Per Share
13.85
Quarterly Revenue Growth
0.023
Return On Assets
0.0129
The market value of Security National is measured differently than its book value, which is the value of Security that is recorded on the company's balance sheet. Investors also form their own opinion of Security National's value that differs from its market value or its book value, called intrinsic value, which is Security National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Security National's market value can be influenced by many factors that don't directly affect Security National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Security National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Security National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Security National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.