SIFCO Other Current Assets from 2010 to 2024

SIF Stock  USD 3.12  0.03  0.95%   
SIFCO Industries' Other Current Assets are increasing over the last several years with stable swings. Other Current Assets are predicted to flatten to about 2.1 M. Other Current Assets is 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. View All Fundamentals
 
Other Current Assets  
First Reported
1985-09-30
Previous Quarter
1.9 M
Current Value
M
Quarterly Volatility
1.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SIFCO Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SIFCO main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Total Revenue of 99.7 M or Gross Profit of 12.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.37, Dividend Yield of 0.0213 or PTB Ratio of 0.78. SIFCO financial statements analysis is a perfect complement when working with SIFCO Industries Valuation or Volatility modules.
  
This module can also supplement various SIFCO Industries Technical models . Check out the analysis of SIFCO Industries Correlation against competitors.
For more detail on how to invest in SIFCO Stock please use our How to Invest in SIFCO Industries guide.

Latest SIFCO Industries' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of SIFCO Industries over the last few years. It is 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. SIFCO Industries' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SIFCO Industries' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

SIFCO Other Current Assets Regression Statistics

Arithmetic Mean2,593,860
Geometric Mean2,133,225
Coefficient Of Variation102.44
Mean Deviation1,282,171
Median1,882,000
Standard Deviation2,657,057
Sample Variance7.1T
Range10.7M
R-Value0.26
Mean Square Error7.1T
R-Squared0.07
Significance0.34
Slope156,468
Total Sum of Squares98.8T

SIFCO Other Current Assets History

20242.1 M
20232.2 M
20221.9 M
202112.1 M
20201.8 M
20192.3 M
20181.5 M

About SIFCO Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SIFCO Industries income statement, its balance sheet, and the statement of cash flows. SIFCO Industries investors use historical funamental indicators, such as SIFCO Industries's Other Current Assets, to determine how well the company is positioned to perform in the future. Although SIFCO Industries investors may use each financial statement separately, they are all related. The changes in SIFCO Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SIFCO Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SIFCO Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SIFCO Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets2.2 M2.1 M

Currently Active Assets on Macroaxis

When determining whether SIFCO Industries is a strong investment it is important to analyze SIFCO Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SIFCO Industries' future performance. For an informed investment choice regarding SIFCO Stock, refer to the following important reports:
Check out the analysis of SIFCO Industries Correlation against competitors.
For more detail on how to invest in SIFCO Stock please use our How to Invest in SIFCO Industries guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is SIFCO Industries' industry 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 SIFCO Industries. If investors know SIFCO 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 SIFCO Industries 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
(0.90)
Earnings Share
(1.47)
Revenue Per Share
15.781
Quarterly Revenue Growth
0.379
Return On Assets
(0.03)
The market value of SIFCO Industries is measured differently than its book value, which is the value of SIFCO that is recorded on the company's balance sheet. Investors also form their own opinion of SIFCO Industries' value that differs from its market value or its book value, called intrinsic value, which is SIFCO Industries' 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 SIFCO Industries' market value can be influenced by many factors that don't directly affect SIFCO Industries' 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 SIFCO Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if SIFCO Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIFCO Industries' 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.