Sirius Common Stock Total Equity vs Common Stock Shares Outstanding Analysis

SIRI Stock  USD 3.03  0.03  0.98%   
Sirius XM financial indicator trend analysis is much more than just breaking down Sirius XM Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sirius XM Holding is a good investment. Please check the relationship between Sirius XM Common Stock Total Equity and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sirius XM Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Common Stock Total Equity vs Common Stock Shares Outstanding

Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sirius XM Holding Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sirius XM's Common Stock Total Equity and Common Stock Shares Outstanding is 0.47. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Sirius XM Holding, assuming nothing else is changed. The correlation between historical values of Sirius XM's Common Stock Total Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Sirius XM Holding are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Sirius XM's Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Sirius XM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sirius XM Holding 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 Sirius XM Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
The Sirius XM's current Selling General Administrative is estimated to increase to about 577.5 M, while Tax Provision is projected to decrease to under 274.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.4B4.5B4.4B4.6B
Total Revenue8.7B9.0B9.0B9.4B

Sirius XM fundamental ratios Correlations

0.40.97-0.160.970.59-0.180.660.060.990.440.070.570.620.030.690.590.610.740.10.260.740.710.98-0.850.02
0.40.330.010.530.11-0.570.330.840.340.160.84-0.140.280.260.310.490.160.160.150.30.160.310.42-0.5-0.08
0.970.33-0.260.940.64-0.110.66-0.030.990.44-0.020.630.66-0.060.720.420.650.720.090.250.720.70.96-0.850.02
-0.160.01-0.26-0.22-0.81-0.58-0.680.42-0.26-0.730.44-0.43-0.810.88-0.740.45-0.80.32-0.51-0.40.32-0.55-0.180.08-0.18
0.970.530.94-0.220.62-0.220.730.170.950.480.180.490.680.010.740.60.650.660.20.40.660.780.97-0.860.11
0.590.110.64-0.810.620.430.95-0.350.650.86-0.370.580.98-0.680.970.01.00.150.590.620.150.910.59-0.520.35
-0.18-0.57-0.11-0.58-0.220.430.26-0.79-0.080.41-0.80.180.3-0.880.24-0.590.39-0.520.190.09-0.520.18-0.210.430.1
0.660.330.66-0.680.730.950.26-0.10.690.89-0.120.410.96-0.530.970.240.960.190.630.710.190.960.66-0.590.41
0.060.84-0.030.420.17-0.35-0.79-0.1-0.04-0.221.0-0.41-0.190.63-0.150.53-0.30.14-0.020.150.14-0.070.08-0.26-0.06
0.990.340.99-0.260.950.65-0.080.69-0.040.47-0.030.640.68-0.080.730.450.670.690.090.240.690.730.98-0.83-0.02
0.440.160.44-0.730.480.860.410.89-0.220.47-0.240.290.86-0.650.830.060.87-0.030.580.59-0.020.740.43-0.330.37
0.070.84-0.020.440.18-0.37-0.8-0.121.0-0.03-0.24-0.4-0.210.64-0.170.54-0.320.15-0.050.120.16-0.090.09-0.26-0.08
0.57-0.140.63-0.430.490.580.180.41-0.410.640.29-0.40.55-0.280.56-0.050.570.47-0.050.060.470.460.6-0.54-0.29
0.620.280.66-0.810.680.980.30.96-0.190.680.86-0.210.55-0.620.990.060.990.150.580.630.150.910.64-0.580.3
0.030.26-0.060.880.01-0.68-0.88-0.530.63-0.08-0.650.64-0.28-0.62-0.540.6-0.650.53-0.4-0.290.53-0.40.04-0.22-0.14
0.690.310.72-0.740.740.970.240.97-0.150.730.83-0.170.560.99-0.540.130.980.250.560.640.250.940.7-0.660.31
0.590.490.420.450.60.0-0.590.240.530.450.060.54-0.050.060.60.130.030.630.110.230.630.30.55-0.550.18
0.610.160.65-0.80.651.00.390.96-0.30.670.87-0.320.570.99-0.650.980.030.160.60.640.170.920.61-0.550.35
0.740.160.720.320.660.15-0.520.190.140.69-0.030.150.470.150.530.250.630.16-0.10.091.00.320.71-0.830.03
0.10.150.09-0.510.20.590.190.63-0.020.090.58-0.05-0.050.58-0.40.560.110.6-0.10.81-0.10.60.04-0.160.78
0.260.30.25-0.40.40.620.090.710.150.240.590.120.060.63-0.290.640.230.640.090.810.10.750.22-0.390.76
0.740.160.720.320.660.15-0.520.190.140.69-0.020.160.470.150.530.250.630.171.0-0.10.10.330.71-0.830.03
0.710.310.7-0.550.780.910.180.96-0.070.730.74-0.090.460.91-0.40.940.30.920.320.60.750.330.71-0.680.46
0.980.420.96-0.180.970.59-0.210.660.080.980.430.090.60.640.040.70.550.610.710.040.220.710.71-0.86-0.04
-0.85-0.5-0.850.08-0.86-0.520.43-0.59-0.26-0.83-0.33-0.26-0.54-0.58-0.22-0.66-0.55-0.55-0.83-0.16-0.39-0.83-0.68-0.86-0.09
0.02-0.080.02-0.180.110.350.10.41-0.06-0.020.37-0.08-0.290.3-0.140.310.180.350.030.780.760.030.46-0.04-0.09
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Sirius XM Account Relationship Matchups

Sirius XM fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.1B10.3B10.3B10.0B10.4B5.7B
Other Current Liab132.5M164M174M178M165M184.1M
Total Current Liabilities3.3B3.2B3.0B3.0B3.2B1.7B
Total Stockholder Equity(736M)(2.3B)(2.6B)(3.4B)(2.6B)(2.4B)
Property Plant And Equipment Net2.1B2.1B1.8B1.8B2.0B1.3B
Net Debt8.2B8.9B9.1B9.8B9.3B9.8B
Retained Earnings(1.1B)(2.3B)(2.6B)(3.4B)(2.6B)(2.7B)
Accounts Payable1.2B1.2B1.3B1.2B1.3B1.4B
Cash106M71M191M57M216M270.9M
Non Current Assets Total10.1B9.4B9.1B9.0B9.1B4.9B
Non Currrent Assets Other139M405M415M312M338M354.9M
Cash And Short Term Investments106M71M191M57M216M231.6M
Common Stock Shares Outstanding4.6B4.4B4.1B4.0B3.9B2.4B
Liabilities And Stockholders Equity11.1B10.3B10.3B10.0B10.4B5.7B
Non Current Liabilities Total8.6B9.5B9.9B10.4B9.7B10.2B
Other Stockholder Equity395M(19M)(8M)(4M)(4.6M)(4.4M)
Total Liab11.9B12.6B12.9B13.4B12.9B13.6B
Total Current Assets1.0B967M1.2B1.0B1.3B795.0M
Short Long Term Debt Total8.3B9.0B9.2B9.8B9.5B10.0B
Other Current Assets22M20M21M326M346M363.3M
Property Plant And Equipment Gross2.1B2.1B1.8B1.8B5.3B5.5B
Accumulated Other Comprehensive Income(6.2M)8M15M(4M)3M3.2M
Good Will3.8B3.1B3.2B3.2B3.7B3.9B
Intangible Assets3.5B3.3B3.2B3.1B2.9B1.9B
Short Term Debt3.4M48M49M246M551M578.6M
Other Liab294M533M725M816M938.4M985.3M
Other Assets423M1.3B949M459M527.9M532.1M
Long Term Debt7.8B8.5B8.8B9.3B8.7B4.4B
Property Plant Equipment1.6B2.1B2.2B1.8B2.1B1.5B
Current Deferred Revenue1.9B1.7B1.5B1.3B1.2B1.3B
Net Receivables670M672M722M655M709M744.5M
Inventory22.2M11M10M246M282.9M297.0M
Net Tangible Assets(8.0B)(8.7B)(9.0B)(9.7B)(8.7B)(9.1B)
Retained Earnings Total Equity(1.1B)(2.3B)(2.6B)(3.4B)(3.9B)(4.0B)
Long Term Debt Total7.8B8.5B8.8B9.3B10.6B6.6B

Currently Active Assets on Macroaxis

When determining whether Sirius XM Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sirius XM'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 Sirius Xm Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sirius Xm Holding Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sirius XM Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Sirius XM's price analysis, check to measure Sirius XM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sirius XM is operating at the current time. Most of Sirius XM's value examination focuses on studying past and present price action to predict the probability of Sirius XM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sirius XM's price. Additionally, you may evaluate how the addition of Sirius XM to your portfolios can decrease your overall portfolio volatility.
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Is Sirius XM's 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 Sirius XM. If investors know Sirius 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 Sirius XM 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
0.16
Dividend Share
0.102
Earnings Share
0.33
Revenue Per Share
2.332
Quarterly Revenue Growth
0.008
The market value of Sirius XM Holding is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM'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 Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM'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 Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirius XM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM'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.