Standex Other Current Assets vs Total Current Liabilities Analysis

SXI Stock  USD 207.89  0.33  0.16%   
Standex International financial indicator trend analysis is much more than just breaking down Standex International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standex International is a good investment. Please check the relationship between Standex International Other Current Assets and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standex International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Standex Stock please use our How to Invest in Standex International guide.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standex International Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Standex International's Other Current Assets and Total Current Liabilities is 0.33. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Standex International, assuming nothing else is changed. The correlation between historical values of Standex International's Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Standex International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Standex International's Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on Standex International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Standex International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Standex International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standex International 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 Standex International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Standex Stock please use our How to Invest in Standex International guide.As of now, Standex International's Enterprise Value Over EBITDA is increasing as compared to previous years. The Standex International's current Enterprise Value Multiple is estimated to increase to 16.17, while Discontinued Operations is forecasted to increase to (137.7 K).
 2021 2022 2023 2024 (projected)
Gross Profit269.9M285.1M282.0M227.5M
Total Revenue735.3M741.0M720.6M673.4M

Standex International fundamental ratios Correlations

0.910.570.740.750.930.520.750.730.980.560.730.86-0.630.930.450.64-0.710.940.360.910.150.880.470.870.05
0.910.540.540.730.960.790.710.650.950.610.650.67-0.430.970.330.67-0.530.930.430.710.130.940.250.9-0.04
0.570.540.680.150.420.490.20.130.620.460.130.34-0.430.690.590.2-0.330.73-0.190.410.440.690.570.450.39
0.740.540.680.490.510.240.560.490.680.680.490.74-0.830.650.690.33-0.760.780.070.760.310.620.920.640.14
0.750.730.150.490.780.370.990.930.710.670.930.78-0.630.670.10.53-0.780.670.820.750.00.60.230.92-0.58
0.930.960.420.510.780.650.760.710.950.540.710.74-0.470.910.230.72-0.60.870.50.770.050.870.180.88-0.08
0.520.790.490.240.370.650.340.140.650.550.140.22-0.080.740.170.5-0.140.680.280.170.110.810.050.64-0.05
0.750.710.20.560.990.760.340.920.710.710.920.8-0.730.670.090.53-0.870.680.80.75-0.020.580.280.92-0.57
0.730.650.130.490.930.710.140.920.630.551.00.74-0.630.610.160.43-0.760.620.670.820.040.480.240.81-0.44
0.980.950.620.680.710.950.650.710.630.590.630.78-0.570.970.380.67-0.640.960.350.810.120.950.40.880.07
0.560.610.460.680.670.540.550.710.550.590.550.51-0.750.650.20.35-0.740.70.510.430.210.610.520.8-0.39
0.730.650.130.490.930.710.140.921.00.630.550.74-0.630.610.160.43-0.760.620.670.820.040.480.240.81-0.44
0.860.670.340.740.780.740.220.80.740.780.510.74-0.710.670.410.55-0.80.730.480.930.150.610.530.76-0.14
-0.63-0.43-0.43-0.83-0.63-0.47-0.08-0.73-0.63-0.57-0.75-0.63-0.71-0.52-0.25-0.340.97-0.63-0.34-0.67-0.06-0.43-0.68-0.660.18
0.930.970.690.650.670.910.740.670.610.970.650.610.67-0.520.410.59-0.570.980.320.740.180.970.380.880.06
0.450.330.590.690.10.230.170.090.160.380.20.160.41-0.250.41-0.06-0.150.51-0.230.520.610.40.770.240.37
0.640.670.20.330.530.720.50.530.430.670.350.430.55-0.340.59-0.06-0.470.570.240.5-0.210.560.010.60.06
-0.71-0.53-0.33-0.76-0.78-0.6-0.14-0.87-0.76-0.64-0.74-0.76-0.80.97-0.57-0.15-0.47-0.66-0.53-0.750.02-0.48-0.55-0.770.32
0.940.930.730.780.670.870.680.680.620.960.70.620.73-0.630.980.510.57-0.660.280.790.220.950.530.880.08
0.360.43-0.190.070.820.50.280.80.670.350.510.670.48-0.340.32-0.230.24-0.530.280.33-0.090.28-0.120.67-0.89
0.910.710.410.760.750.770.170.750.820.810.430.820.93-0.670.740.520.5-0.750.790.330.180.640.550.740.02
0.150.130.440.310.00.050.11-0.020.040.120.210.040.15-0.060.180.61-0.210.020.22-0.090.180.150.350.080.11
0.880.940.690.620.60.870.810.580.480.950.610.480.61-0.430.970.40.56-0.480.950.280.640.150.380.840.08
0.470.250.570.920.230.180.050.280.240.40.520.240.53-0.680.380.770.01-0.550.53-0.120.550.350.380.350.21
0.870.90.450.640.920.880.640.920.810.880.80.810.76-0.660.880.240.6-0.770.880.670.740.080.840.35-0.37
0.05-0.040.390.14-0.58-0.08-0.05-0.57-0.440.07-0.39-0.44-0.140.180.060.370.060.320.08-0.890.020.110.080.21-0.37
Click cells to compare fundamentals

Standex International Account Relationship Matchups

Standex International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets930.9M962.2M934.4M1.0B1.0B575.1M
Short Long Term Debt Total235.4M228.5M214.1M199.2M187.9M135.8M
Other Current Liab68.0M50.7M59.9M54.0M48.4M46.1M
Total Current Liabilities122.9M143.7M150.8M141.0M127.6M116.8M
Total Stockholder Equity461.6M506.4M499.3M607.4M621.5M652.6M
Property Plant And Equipment Net177.3M170.6M167.7M164.2M172.0M121.2M
Net Debt116.6M92.2M109.2M3.5M33.7M63.1M
Retained Earnings827.7M852.5M901.4M1.0B1.1B1.1B
Cash118.8M136.4M104.8M195.7M154.2M161.9M
Non Current Assets Total598.9M587.9M555.4M541.7M575.0M297.7M
Non Currrent Assets Other24.5M27.4M22.9M18.7M20.6M30.1M
Cash And Short Term Investments118.8M136.4M104.8M195.7M154.2M161.9M
Net Receivables106.4M124.9M141.8M155.4M166.8M108.8M
Common Stock Shares Outstanding12.4M12.3M12.1M12.0M11.9M11.6M
Liabilities And Stockholders Equity930.9M962.2M934.4M1.0B1.0B575.1M
Non Current Liabilities Total346.4M312.1M284.3M276.5M256.0M180.5M
Inventory85.0M91.9M105.3M98.5M87.1M76.3M
Other Current Assets21.8M36.3M51.7M33.6M22.0M13.2M
Other Stockholder Equity(260.3M)(271.9M)(290.7M)(303.3M)(323.8M)(307.6M)
Total Liab469.2M455.8M435.1M417.5M383.6M297.3M
Property Plant And Equipment Gross177.3M170.6M167.7M164.2M360.0M378.0M
Total Current Assets332.0M374.4M379.0M483.3M430.1M277.3M
Accumulated Other Comprehensive Income(147.7M)(116.1M)(153.3M)(158.5M)(183.0M)(173.8M)
Short Term Debt8.0M11.0M7.9M8.0M8.3M7.9M
Intangible Assets106.4M98.9M85.8M75.7M78.7M46.6M
Accounts Payable54.9M74.8M74.5M68.6M63.4M60.2M
Good Will271.2M278.1M267.9M264.8M281.3M295.3M
Other Liab110.9M83.6M78.1M77.3M88.9M63.4M
Other Assets41.8M40.2M34.1M37.0M33.3M31.9M
Long Term Debt199.2M199.5M174.8M173.4M148.9M134.8M
Treasury Stock(324.2M)(333.1M)(352.7M)(381.9M)(343.7M)(360.9M)
Property Plant Equipment177.3M170.6M167.7M130.9M150.6M130.5M
Current Deferred Revenue(8.0M)56.7M41K62.6M7.5M14.3M
Net Tangible Assets84.0M129.4M145.7M267.0M307.0M258.4M
Retained Earnings Total Equity827.7M852.5M901.4M1.0B1.2B649.8M
Long Term Debt Total199.2M199.5M174.8M173.4M199.5M173.2M
Capital Surpluse72.8M80.8M91.2M100.6M115.6M73.0M

Currently Active Assets on Macroaxis

When determining whether Standex International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Standex International'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 Standex International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Standex International Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standex International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Standex Stock please use our How to Invest in Standex International guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Industrial Machinery & Supplies & Components 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 Standex International. If investors know Standex 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 Standex International 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
6.613
Dividend Share
1.2
Earnings Share
6.13
Revenue Per Share
59.989
Quarterly Revenue Growth
0.266
The market value of Standex International is measured differently than its book value, which is the value of Standex that is recorded on the company's balance sheet. Investors also form their own opinion of Standex International's value that differs from its market value or its book value, called intrinsic value, which is Standex International'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 Standex International's market value can be influenced by many factors that don't directly affect Standex International'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 Standex International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Standex International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standex International'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.