SSC Total Current Liabilities vs Total Assets Analysis

SSNC Stock  USD 62.05  1.10  1.80%   
SSC Technologies financial indicator trend analysis is much more than just breaking down SSC Technologies Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SSC Technologies Holdings is a good investment. Please check the relationship between SSC Technologies Total Current Liabilities and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSC Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SSC Technologies Holdings Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SSC Technologies' Total Current Liabilities and Total Assets is 0.95. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of SSC Technologies Holdings, assuming nothing else is changed. The correlation between historical values of SSC Technologies' Total Current Liabilities and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of SSC Technologies Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., SSC Technologies' Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on SSC Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SSC Technologies Holdings 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.

Total Assets

Total assets refers to the total amount of SSC Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SSC Technologies Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from SSC Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SSC Technologies 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 SSC Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, SSC Technologies' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.47, whereas Tax Provision is forecasted to decline to about 118.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.4B2.5B2.6B2.7B
Total Revenue5.1B5.3B5.5B5.8B

SSC Technologies fundamental ratios Correlations

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0.850.660.680.80.510.090.610.920.850.070.810.87-0.450.80.760.950.540.90.920.930.690.890.090.810.73
1.00.890.920.980.820.520.740.990.99-0.240.661.0-0.720.940.950.980.840.980.990.890.920.890.520.980.91
0.570.690.70.60.871.00.440.470.56-0.61-0.090.55-0.670.510.650.370.790.490.470.190.690.090.520.630.61
0.990.930.950.990.890.630.730.960.99-0.380.550.98-0.810.930.980.940.920.950.960.840.940.810.980.630.93
0.920.850.880.940.880.610.570.890.94-0.40.460.91-0.720.980.90.870.860.890.880.720.930.730.910.610.93
Click cells to compare fundamentals

SSC Technologies Account Relationship Matchups

SSC Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.7B15.9B17.3B16.7B18.1B19.0B
Other Current Liab2.3B1.9B3.4B1.6B3.2B3.3B
Total Current Liabilities2.8B2.3B3.9B2.2B3.8B4.0B
Total Stockholder Equity5.1B5.7B6.2B6.0B6.3B6.7B
Accounts Payable36.9M28.1M28.7M49.5M80.3M84.3M
Cash152.8M209.3M564M440.1M3.0B3.1B
Other Assets263.2M844M77.9M367.7M422.9M444.0M
Long Term Debt7.1B6.4B5.9B7.0B6.7B7.0B
Good Will8.0B8.1B8.0B8.9B9.0B9.4B
Other Current Assets1.7B1.2B854.6M193.8M165.8M253.9M
Total Liab11.6B10.2B11.1B10.6B11.7B12.3B
Common Stock2.1M2.5M2.6M2.7M2.8M2.9M
Property Plant Equipment466.4M412.8M673.2M604.5M695.2M729.9M
Intangible Assets4.7B4.3B3.8B4.2B3.6B3.8B
Retained Earnings1.2B1.7B2.3B2.7B3.1B3.3B
Other Liab1.4B1.2B1.1B1.1B1.3B1.3B
Short Long Term Debt Total7.5B6.8B6.2B7.3B6.9B7.3B
Property Plant And Equipment Net841.7M763.6M673.2M604.5M536.7M272.6M
Current Deferred Revenue333.2M332.5M334M464.7M470.3M493.8M
Net Debt7.3B6.6B5.7B6.9B3.9B3.0B
Non Current Assets Total14.0B13.6B13.1B14.2B14.1B14.8B
Cash And Short Term Investments152.8M209.3M564M440.1M3.0B3.1B
Net Receivables689.7M668.4M740.8M820.9M887.1M931.5M
Common Stock Total Equity2.5M2.6M2M2.7M3.1M3.3M
Common Stock Shares Outstanding264.2M266.6M267.3M262M254.5M213.8M
Liabilities And Stockholders Equity16.7B15.9B17.3B16.7B18.1B19.0B
Non Current Liabilities Total8.8B7.9B7.3B8.4B7.9B8.3B
Other Stockholder Equity4.2B4.2B4.1B3.9B3.6B2.2B
Property Plant And Equipment Gross841.7M763.6M673.2M604.5M1.1B1.1B
Total Current Assets2.8B2.3B4.3B2.4B4.1B4.3B
Accumulated Other Comprehensive Income(253M)(201M)(242M)(550.1M)(426.3M)(405.0M)
Short Term Debt76.3M53.9M47.4M55.7M51.5M42.1M
Inventory213.5M193.4M2.1B969.6M1.1B1.2B
Net Tangible Assets(7.5B)(6.7B)(5.7B)(6.8B)(6.1B)(6.4B)
Non Currrent Assets Other184.6M257.3M241.5M227M333.7M350.4M
Retained Earnings Total Equity847.1M1.2B1.7B2.3B2.6B2.8B
Long Term Debt Total8.2B7.1B6.4B5.9B6.8B4.3B
Capital Surpluse4.1B4.3B4.5B4.9B5.6B3.1B

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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 SSC Technologies Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SSC Technologies' 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 Ssc Technologies Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ssc Technologies Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSC Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running SSC Technologies' price analysis, check to measure SSC Technologies' 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 SSC Technologies is operating at the current time. Most of SSC Technologies' value examination focuses on studying past and present price action to predict the probability of SSC Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSC Technologies' price. Additionally, you may evaluate how the addition of SSC Technologies to your portfolios can decrease your overall portfolio volatility.
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Is SSC Technologies' 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 SSC Technologies. If investors know SSC 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 SSC Technologies 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
0.265
Dividend Share
0.92
Earnings Share
2.52
Revenue Per Share
22.53
Quarterly Revenue Growth
0.053
The market value of SSC Technologies Holdings is measured differently than its book value, which is the value of SSC that is recorded on the company's balance sheet. Investors also form their own opinion of SSC Technologies' value that differs from its market value or its book value, called intrinsic value, which is SSC Technologies' 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 SSC Technologies' market value can be influenced by many factors that don't directly affect SSC Technologies' 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 SSC Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SSC Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSC Technologies' 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.