Starbox Operating Cash Flow Per Share vs Income Quality 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 Operating Cash Flow Per Share and its Income Quality 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.

Operating Cash Flow Per Share vs Income Quality

Operating Cash Flow Per Share vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbox Group Holdings Operating Cash Flow Per Share account and Income Quality. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Starbox Group's Operating Cash Flow Per Share and Income Quality is 0.98. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Income Quality 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 Operating Cash Flow Per Share and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Starbox Group Holdings are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Operating Cash Flow Per Share i.e., Starbox Group's Operating Cash Flow Per Share and Income Quality go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
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

0.910.770.861.00.91.00.52-0.010.970.960.161.00.480.171.00.911.01.01.01.01.01.00.930.890.92
0.910.840.650.890.670.930.230.370.80.77-0.220.940.78-0.210.90.850.940.890.90.910.890.930.710.80.7
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
1.00.890.750.860.920.990.53-0.060.980.960.210.990.430.231.00.90.991.01.00.991.00.990.950.890.94
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
1.00.890.750.861.00.920.990.52-0.060.980.960.210.990.430.231.00.90.991.00.991.00.990.950.890.94
1.00.90.750.861.00.920.990.52-0.050.980.960.20.990.450.211.00.90.991.00.991.00.990.940.90.94
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
1.00.890.750.861.00.920.990.53-0.060.980.960.210.990.430.221.00.90.991.01.00.990.990.950.890.94
1.00.930.790.850.990.861.00.520.070.950.950.081.00.540.090.990.911.00.990.991.00.990.90.890.89
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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