Starbox Days Payables Outstanding vs Net Income Per Share 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 Days Payables Outstanding and its Net Income Per Share 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.

Days Payables Outstanding vs Net Income Per Share

Days Payables Outstanding vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbox Group Holdings Days Payables Outstanding account and Net Income Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Starbox Group's Days Payables Outstanding and Net Income Per Share is -0.29. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Net Income Per Share 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 Days Payables Outstanding and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Starbox Group Holdings are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Days Payables Outstanding i.e., Starbox Group's Days Payables Outstanding and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Payables Outstanding

Net Income Per Share

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 Amortization218.0K1.8M2.1M2.2M
Tax Provision1.4M2.1M2.5M2.6M

Starbox Group fundamental ratios Correlations

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0.770.840.730.750.530.790.210.370.660.66-0.240.80.71-0.230.760.930.80.750.750.770.750.790.580.910.57
0.860.650.730.860.840.860.78-0.190.890.940.310.840.210.320.880.890.840.860.860.870.860.850.860.910.85
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0.90.670.530.840.920.860.58-0.440.970.930.570.860.060.580.910.780.860.920.920.880.920.861.00.821.0
1.00.930.790.860.990.860.540.070.960.950.081.00.530.091.00.911.00.990.991.00.991.00.90.890.89
0.520.230.210.780.530.580.54-0.330.610.730.380.49-0.140.390.560.440.490.520.520.570.530.520.60.450.58
-0.010.370.37-0.19-0.06-0.440.07-0.33-0.23-0.19-0.990.080.86-0.99-0.030.070.09-0.06-0.050.03-0.060.07-0.37-0.03-0.39
0.970.80.660.890.980.970.960.61-0.230.980.370.950.270.380.980.870.950.980.980.970.980.950.990.880.98
0.960.770.660.940.960.930.950.73-0.190.980.330.940.270.340.970.850.940.960.960.960.960.950.960.860.95
0.16-0.22-0.240.310.210.570.080.38-0.990.370.330.07-0.781.00.180.070.060.210.20.120.210.080.510.170.53
1.00.940.80.840.990.861.00.490.080.950.940.070.550.090.990.911.00.990.991.00.991.00.90.890.89
0.480.780.710.210.430.060.53-0.140.860.270.27-0.780.55-0.770.450.510.560.430.450.50.430.540.130.410.11
0.17-0.21-0.230.320.230.580.090.39-0.990.380.341.00.09-0.770.190.080.080.230.210.130.220.090.520.180.54
1.00.90.760.881.00.911.00.56-0.030.980.970.180.990.450.190.90.991.01.01.01.00.990.940.890.93
0.910.850.930.890.90.780.910.440.070.870.850.070.910.510.080.90.910.90.90.90.90.910.810.980.8
1.00.940.80.840.990.861.00.490.090.950.940.061.00.560.080.990.910.990.991.00.991.00.890.890.88
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1.00.910.770.870.990.881.00.570.030.970.960.121.00.50.131.00.91.00.990.990.991.00.910.890.9
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0.930.710.580.860.951.00.90.6-0.370.990.960.510.90.130.520.940.810.890.950.940.910.950.90.841.0
0.890.80.910.910.890.820.890.45-0.030.880.860.170.890.410.180.890.980.890.890.90.890.890.890.840.83
0.920.70.570.850.941.00.890.58-0.390.980.950.530.890.110.540.930.80.880.940.940.90.940.891.00.83
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Starbox Group Account Relationship Matchups

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