Simpson Other Current Liab vs Total Current Liabilities Analysis

SSD Stock  USD 172.25  0.49  0.28%   
Simpson Manufacturing financial indicator trend analysis is much more than just breaking down Simpson Manufacturing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Simpson Manufacturing is a good investment. Please check the relationship between Simpson Manufacturing Other Current Liab and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simpson Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simpson Manufacturing Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Simpson Manufacturing's Other Current Liab and Total Current Liabilities is 0.83. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Simpson Manufacturing, assuming nothing else is changed. The correlation between historical values of Simpson Manufacturing's Other Current Liab 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 Liab of Simpson Manufacturing 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 Liab i.e., Simpson Manufacturing's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Simpson Manufacturing balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Simpson Manufacturing 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 Simpson Manufacturing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Simpson Manufacturing 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 Simpson Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.19, whereas Selling General Administrative is forecasted to decline to about 136.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit755.0M941.3M1.0B1.1B
Total Revenue1.6B2.1B2.2B2.3B

Simpson Manufacturing fundamental ratios Correlations

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0.980.830.850.960.990.560.990.950.90.94-0.060.90.96-0.650.840.96-0.030.550.890.910.980.810.420.870.64
0.690.90.240.690.490.560.540.730.320.780.210.320.60.140.90.63-0.04-0.060.850.590.550.8-0.450.860.39
0.980.840.840.940.990.990.540.950.940.95-0.120.940.94-0.620.850.960.010.490.890.930.980.820.40.880.57
0.980.930.770.980.930.950.730.950.840.98-0.020.840.95-0.430.940.96-0.060.380.970.910.960.910.190.950.64
0.890.70.810.830.950.90.320.940.840.83-0.171.00.84-0.680.710.850.050.530.760.860.930.710.520.750.48
0.990.960.690.950.920.940.780.950.980.830.010.830.92-0.440.970.94-0.010.360.980.910.930.90.130.970.56
0.00.08-0.350.03-0.06-0.060.21-0.12-0.02-0.170.01-0.170.01-0.140.080.060.080.40.06-0.39-0.02-0.230.04-0.060.13
0.890.70.810.830.950.90.320.940.841.00.83-0.170.84-0.680.710.850.050.530.760.860.930.710.520.750.48
0.960.840.870.990.950.960.60.940.950.840.920.010.84-0.530.850.99-0.110.560.90.860.980.830.40.860.76
-0.52-0.2-0.54-0.46-0.69-0.650.14-0.62-0.43-0.68-0.44-0.14-0.68-0.53-0.22-0.55-0.17-0.82-0.3-0.4-0.61-0.1-0.85-0.23-0.34
0.931.00.560.910.810.840.90.850.940.710.970.080.710.85-0.220.87-0.010.210.990.840.850.93-0.090.990.52
0.970.860.820.990.960.960.630.960.960.850.940.060.850.99-0.550.87-0.060.550.920.850.990.820.380.880.7
-0.02-0.01-0.19-0.110.0-0.03-0.040.01-0.060.05-0.010.080.05-0.11-0.17-0.01-0.06-0.09-0.04-0.04-0.03-0.090.02-0.01-0.19
0.460.190.50.480.580.55-0.060.490.380.530.360.40.530.56-0.820.210.55-0.090.290.220.560.070.810.180.55
0.960.990.650.950.860.890.850.890.970.760.980.060.760.9-0.30.990.92-0.040.290.870.90.930.020.990.59
0.920.840.820.880.90.910.590.930.910.860.91-0.390.860.86-0.40.840.85-0.040.220.870.890.910.170.90.5
0.980.840.850.970.990.980.550.980.960.930.93-0.020.930.98-0.610.850.99-0.030.560.90.890.820.440.870.66
0.880.930.710.890.770.810.80.820.910.710.9-0.230.710.83-0.10.930.82-0.090.070.930.910.82-0.10.960.58
0.27-0.110.570.290.490.42-0.450.40.190.520.130.040.520.4-0.85-0.090.380.020.810.020.170.44-0.1-0.060.35
0.940.990.630.910.840.870.860.880.950.750.97-0.060.750.86-0.230.990.88-0.010.180.990.90.870.96-0.060.51
0.610.510.730.740.590.640.390.570.640.480.560.130.480.76-0.340.520.7-0.190.550.590.50.660.580.350.51
Click cells to compare fundamentals

Simpson Manufacturing Account Relationship Matchups

Simpson Manufacturing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.2B1.5B2.5B2.7B2.8B
Short Long Term Debt Total27.9M37.2M37.1M623.9M551.6M579.1M
Other Current Liab125.6M145.8M187.4M88.4M204.8M215.1M
Total Current Liabilities158.9M194.1M244.6M349.4M361.3M379.3M
Total Stockholder Equity892.0M980.9M1.2B1.4B1.7B1.8B
Property Plant And Equipment Net249.0M301.0M305.3M419.2M487.4M511.8M
Net Debt(202.3M)(237.4M)(264.1M)323.2M121.7M127.8M
Retained Earnings645.5M720.4M906.8M1.1B1.4B1.5B
Accounts Payable33.4M48.3M57.2M97.8M107.5M112.9M
Cash230.2M274.6M301.2M300.7M429.8M451.3M
Non Current Assets Total454.5M479.4M485.3M1.3B1.4B1.5B
Non Currrent Assets Other73.6M42.6M46.0M269.2M(68.6M)(72.0M)
Cash And Short Term Investments230.2M274.6M301.2M300.7M429.8M451.3M
Net Receivables139.4M165.1M231.0M269.1M284.0M298.2M
Common Stock Shares Outstanding44.9M43.8M43.5M43.0M42.8M41.8M
Liabilities And Stockholders Equity1.1B1.2B1.5B2.5B2.7B2.8B
Non Current Liabilities Total44.5M57.6M55.5M742.0M663.7M696.9M
Inventory251.9M283.7M443.8M556.8M551.6M579.2M
Other Current Assets19.4M29.6M22.9M52.6M47.1M26.9M
Other Stockholder Equity270.8M270.5M294.3M306.2M262.8M168.4M
Total Liab203.4M251.6M300.1M1.1B1.0B1.1B
Property Plant And Equipment Gross284.4M301.0M305.3M419.2M962.4M1.0B
Total Current Assets640.9M753.1M998.8M1.2B1.3B1.4B
Accumulated Other Comprehensive Income(24.8M)(10.4M)(17.6M)(4.1M)(10.0M)(10.5M)
Short Term Debt7.4M9.1M8.8M22.5M37.5M39.3M
Net Tangible Assets735.0M818.3M1.0B554.8M638.0M640.8M
Other Assets10.6M61.6M46.0M409.8M471.3M494.9M
Good Will131.9M135.8M134.0M503.7M502.6M477.4M
Long Term Investments2.5M2.5M2.5M2.5M2.8M1.6M
Intangible Assets25.1M26.8M26.3M362.9M365.3M383.6M
Common Stock442K433K432K425K426K404.7K
Property Plant Equipment249.0M255.2M305.3M419.2M482.1M506.2M
Common Stock Total Equity453K442K433K432K388.8K369.4K
Other Liab16.2M20.4M18.4M140.6M161.7M169.8M
Retained Earnings Total Equity628.2M645.5M720.4M906.8M1.0B724.6M
Capital Surpluse280.2M284.0M294.3M299.0M343.8M265.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Simpson Manufacturing is a strong investment it is important to analyze Simpson Manufacturing's 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 Simpson Manufacturing's future performance. For an informed investment choice regarding Simpson Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simpson Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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Is Simpson Manufacturing'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 Simpson Manufacturing. If investors know Simpson 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 Simpson Manufacturing 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
(0.14)
Dividend Share
1.08
Earnings Share
7.96
Revenue Per Share
51.948
Quarterly Revenue Growth
(0.01)
The market value of Simpson Manufacturing is measured differently than its book value, which is the value of Simpson that is recorded on the company's balance sheet. Investors also form their own opinion of Simpson Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Simpson Manufacturing'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 Simpson Manufacturing's market value can be influenced by many factors that don't directly affect Simpson Manufacturing'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 Simpson Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simpson Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simpson Manufacturing'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.