Starbox Capital Stock vs Net Debt Analysis

STBX Stock

USD 1.22 0.03 2.52%

Starbox Group financial indicator trend analysis is much more than just breaking down Starbox Group Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Starbox Group Holdings is a good investment. Please check the relationship between Starbox Group Capital Stock and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Starbox Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Capital Stock vs Net Debt

Capital Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbox Group Holdings Capital Stock account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Starbox Group's Capital Stock and Net Debt is -0.03. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of Starbox Group Holdings, assuming nothing else is changed. The correlation between historical values of Starbox Group's Capital Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Starbox Group Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Capital Stock i.e., Starbox Group's Capital Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

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Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Starbox Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Starbox Group Holdings 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 Starbox Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, Starbox Group's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 7.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 8.4 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	218.0K	1.8M	2.1M	2.2M
Tax Provision	1.4M	2.1M	2.5M	2.6M

Depreciation And Amortization Tax Provision

Starbox Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.91	0.77	0.86	1.0	0.9	1.0	0.52	-0.01	0.97	0.96	0.16	1.0	0.48	0.17	1.0	0.91	1.0	1.0	1.0	1.0	1.0	1.0	0.93	0.89	0.92
Short Long Term Debt Total	0.91		0.84	0.65	0.89	0.67	0.93	0.23	0.37	0.8	0.77	-0.22	0.94	0.78	-0.21	0.9	0.85	0.94	0.89	0.9	0.91	0.89	0.93	0.71	0.8	0.7
Other Current Liab	0.77	0.84		0.73	0.75	0.53	0.79	0.21	0.37	0.66	0.66	-0.24	0.8	0.71	-0.23	0.76	0.93	0.8	0.75	0.75	0.77	0.75	0.79	0.58	0.91	0.57
Total Current Liabilities	0.86	0.65	0.73		0.86	0.84	0.86	0.78	-0.19	0.89	0.94	0.31	0.84	0.21	0.32	0.88	0.89	0.84	0.86	0.86	0.87	0.86	0.85	0.86	0.91	0.85
Total Stockholder Equity	1.0	0.89	0.75	0.86		0.92	0.99	0.53	-0.06	0.98	0.96	0.21	0.99	0.43	0.23	1.0	0.9	0.99	1.0	1.0	0.99	1.0	0.99	0.95	0.89	0.94
Net Tangible Assets	0.9	0.67	0.53	0.84	0.92		0.86	0.58	-0.44	0.97	0.93	0.57	0.86	0.06	0.58	0.91	0.78	0.86	0.92	0.92	0.88	0.92	0.86	1.0	0.82	1.0
Property Plant And Equipment Net	1.0	0.93	0.79	0.86	0.99	0.86		0.54	0.07	0.96	0.95	0.08	1.0	0.53	0.09	1.0	0.91	1.0	0.99	0.99	1.0	0.99	1.0	0.9	0.89	0.89
Current Deferred Revenue	0.52	0.23	0.21	0.78	0.53	0.58	0.54		-0.33	0.61	0.73	0.38	0.49	-0.14	0.39	0.56	0.44	0.49	0.52	0.52	0.57	0.53	0.52	0.6	0.45	0.58
Net Debt	-0.01	0.37	0.37	-0.19	-0.06	-0.44	0.07	-0.33		-0.23	-0.19	-0.99	0.08	0.86	-0.99	-0.03	0.07	0.09	-0.06	-0.05	0.03	-0.06	0.07	-0.37	-0.03	-0.39
Retained Earnings	0.97	0.8	0.66	0.89	0.98	0.97	0.96	0.61	-0.23		0.98	0.37	0.95	0.27	0.38	0.98	0.87	0.95	0.98	0.98	0.97	0.98	0.95	0.99	0.88	0.98
Accounts Payable	0.96	0.77	0.66	0.94	0.96	0.93	0.95	0.73	-0.19	0.98		0.33	0.94	0.27	0.34	0.97	0.85	0.94	0.96	0.96	0.96	0.96	0.95	0.96	0.86	0.95
Cash	0.16	-0.22	-0.24	0.31	0.21	0.57	0.08	0.38	-0.99	0.37	0.33		0.07	-0.78	1.0	0.18	0.07	0.06	0.21	0.2	0.12	0.21	0.08	0.51	0.17	0.53
Non Current Assets Total	1.0	0.94	0.8	0.84	0.99	0.86	1.0	0.49	0.08	0.95	0.94	0.07		0.55	0.09	0.99	0.91	1.0	0.99	0.99	1.0	0.99	1.0	0.9	0.89	0.89
Non Currrent Assets Other	0.48	0.78	0.71	0.21	0.43	0.06	0.53	-0.14	0.86	0.27	0.27	-0.78	0.55		-0.77	0.45	0.51	0.56	0.43	0.45	0.5	0.43	0.54	0.13	0.41	0.11
Cash And Short Term Investments	0.17	-0.21	-0.23	0.32	0.23	0.58	0.09	0.39	-0.99	0.38	0.34	1.0	0.09	-0.77		0.19	0.08	0.08	0.23	0.21	0.13	0.22	0.09	0.52	0.18	0.54
Net Receivables	1.0	0.9	0.76	0.88	1.0	0.91	1.0	0.56	-0.03	0.98	0.97	0.18	0.99	0.45	0.19		0.9	0.99	1.0	1.0	1.0	1.0	0.99	0.94	0.89	0.93
Common Stock Shares Outstanding	0.91	0.85	0.93	0.89	0.9	0.78	0.91	0.44	0.07	0.87	0.85	0.07	0.91	0.51	0.08	0.9		0.91	0.9	0.9	0.9	0.9	0.91	0.81	0.98	0.8
Non Current Liabilities Total	1.0	0.94	0.8	0.84	0.99	0.86	1.0	0.49	0.09	0.95	0.94	0.06	1.0	0.56	0.08	0.99	0.91		0.99	0.99	1.0	0.99	1.0	0.89	0.89	0.88
Other Current Assets	1.0	0.89	0.75	0.86	1.0	0.92	0.99	0.52	-0.06	0.98	0.96	0.21	0.99	0.43	0.23	1.0	0.9	0.99		1.0	0.99	1.0	0.99	0.95	0.89	0.94
Other Stockholder Equity	1.0	0.9	0.75	0.86	1.0	0.92	0.99	0.52	-0.05	0.98	0.96	0.2	0.99	0.45	0.21	1.0	0.9	0.99	1.0		0.99	1.0	0.99	0.94	0.9	0.94
Total Liab	1.0	0.91	0.77	0.87	0.99	0.88	1.0	0.57	0.03	0.97	0.96	0.12	1.0	0.5	0.13	1.0	0.9	1.0	0.99	0.99		0.99	1.0	0.91	0.89	0.9
Net Invested Capital	1.0	0.89	0.75	0.86	1.0	0.92	0.99	0.53	-0.06	0.98	0.96	0.21	0.99	0.43	0.22	1.0	0.9	0.99	1.0	1.0	0.99		0.99	0.95	0.89	0.94
Property Plant And Equipment Gross	1.0	0.93	0.79	0.85	0.99	0.86	1.0	0.52	0.07	0.95	0.95	0.08	1.0	0.54	0.09	0.99	0.91	1.0	0.99	0.99	1.0	0.99		0.9	0.89	0.89
Total Current Assets	0.93	0.71	0.58	0.86	0.95	1.0	0.9	0.6	-0.37	0.99	0.96	0.51	0.9	0.13	0.52	0.94	0.81	0.89	0.95	0.94	0.91	0.95	0.9		0.84	1.0
Capital Stock	0.89	0.8	0.91	0.91	0.89	0.82	0.89	0.45	-0.03	0.88	0.86	0.17	0.89	0.41	0.18	0.89	0.98	0.89	0.89	0.9	0.89	0.89	0.89	0.84		0.83
Net Working Capital	0.92	0.7	0.57	0.85	0.94	1.0	0.89	0.58	-0.39	0.98	0.95	0.53	0.89	0.11	0.54	0.93	0.8	0.88	0.94	0.94	0.9	0.94	0.89	1.0	0.83

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Starbox Group Account Relationship Matchups

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Starbox Capital Stock vs Net Debt Analysis

Capital Stock vs Net Debt

Capital Stock vs Net Debt Correlation Analysis

Correlation Coefficient

Capital Stock

Net Debt

Starbox Group fundamental ratios Correlations

Starbox Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Other Current Assets	+ 1.0	Total Assets

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Non Currrent Assets Other	- 0.78	Cash
Cash And Short Term Investments	- 0.77	Non Currrent Assets Other
Net Debt	- 0.44	Net Tangible Assets
Net Working Capital	- 0.39	Net Debt