State Non Current Liabilities Total vs Other Current Liab Analysis

STT Stock  USD 75.32  0.03  0.04%   
State Street financial indicator trend analysis is much more than just breaking down State Street Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether State Street Corp is a good investment. Please check the relationship between State Street Non Current Liabilities Total and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Non Current Liabilities Total vs Other Current Liab

Non Current Liabilities Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Street Corp Non Current Liabilities Total account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between State Street's Non Current Liabilities Total and Other Current Liab is -0.53. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of State Street Corp, assuming nothing else is changed. The correlation between historical values of State Street's Non Current Liabilities Total and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of State Street Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Current Liabilities Total i.e., State Street's Non Current Liabilities Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Other Current Liab

Most indicators from State Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into State Street Corp 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 State Street Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to gain to 0.45 in 2024, whereas Selling General Administrative is likely to drop slightly above 3 B in 2024.
 2021 2022 2023 2024 (projected)
EBIT3.2B4.8B1.4B2.5B
Operating Income3.2B4.8B2.3B2.5B

State Street fundamental ratios Correlations

0.150.090.680.680.170.00.06-0.27-0.040.410.17-0.270.4-0.23-0.280.840.140.210.47-0.340.390.390.740.05-0.21
0.150.630.060.070.970.58-0.870.650.840.420.030.050.630.40.110.01.00.660.250.310.880.87-0.070.160.9
0.090.63-0.19-0.180.560.95-0.710.870.82-0.1-0.470.690.150.890.67-0.390.640.330.520.720.770.78-0.22-0.080.7
0.680.06-0.191.00.11-0.210.2-0.44-0.230.770.71-0.380.44-0.41-0.530.730.06-0.230.2-0.640.240.240.64-0.21-0.2
0.680.07-0.181.00.12-0.210.2-0.43-0.220.770.7-0.380.44-0.4-0.530.730.06-0.230.22-0.640.250.240.64-0.22-0.2
0.170.970.560.110.120.55-0.790.620.750.520.14-0.040.620.360.00.040.960.640.160.220.880.87-0.110.170.86
0.00.580.95-0.21-0.210.55-0.640.910.75-0.09-0.430.720.090.960.66-0.490.580.250.350.760.760.77-0.32-0.040.71
0.06-0.87-0.710.20.2-0.79-0.64-0.78-0.99-0.230.1-0.19-0.55-0.53-0.270.27-0.87-0.71-0.13-0.51-0.68-0.680.27-0.22-0.84
-0.270.650.87-0.44-0.430.620.91-0.780.85-0.12-0.410.640.130.90.66-0.650.650.390.090.820.650.65-0.550.040.83
-0.040.840.82-0.23-0.220.750.75-0.990.850.16-0.20.330.480.650.39-0.330.840.660.210.60.720.72-0.280.170.84
0.410.42-0.10.770.770.52-0.09-0.23-0.120.160.89-0.590.74-0.31-0.690.520.410.22-0.12-0.570.40.40.30.00.2
0.170.03-0.470.710.70.14-0.430.1-0.41-0.20.89-0.70.47-0.56-0.810.440.02-0.09-0.36-0.76-0.04-0.040.21-0.07-0.11
-0.270.050.69-0.38-0.38-0.040.72-0.190.640.33-0.59-0.7-0.440.840.94-0.670.06-0.290.350.810.240.25-0.32-0.270.31
0.40.630.150.440.440.620.09-0.550.130.480.740.47-0.44-0.12-0.450.390.630.630.0-0.230.50.50.280.030.4
-0.230.40.89-0.41-0.40.360.96-0.530.90.65-0.31-0.560.84-0.120.77-0.690.40.110.290.850.560.57-0.47-0.070.62
-0.280.110.67-0.53-0.530.00.66-0.270.660.39-0.69-0.810.94-0.450.77-0.650.12-0.150.290.870.210.21-0.38-0.170.36
0.840.0-0.390.730.730.04-0.490.27-0.65-0.330.520.44-0.670.39-0.69-0.65-0.010.140.23-0.680.070.060.790.17-0.4
0.141.00.640.060.060.960.58-0.870.650.840.410.020.060.630.40.12-0.010.660.260.320.870.87-0.060.160.9
0.210.660.33-0.23-0.230.640.25-0.710.390.660.22-0.09-0.290.630.11-0.150.140.660.030.190.460.46-0.010.490.47
0.470.250.520.20.220.160.35-0.130.090.21-0.12-0.360.350.00.290.290.230.260.030.120.450.450.41-0.190.06
-0.340.310.72-0.64-0.640.220.76-0.510.820.6-0.57-0.760.81-0.230.850.87-0.680.320.190.120.330.34-0.480.220.53
0.390.880.770.240.250.880.76-0.680.650.720.4-0.040.240.50.560.210.070.870.460.450.331.00.050.030.77
0.390.870.780.240.240.870.77-0.680.650.720.4-0.040.250.50.570.210.060.870.460.450.341.00.050.030.77
0.74-0.07-0.220.640.64-0.11-0.320.27-0.55-0.280.30.21-0.320.28-0.47-0.380.79-0.06-0.010.41-0.480.050.05-0.02-0.4
0.050.16-0.08-0.21-0.220.17-0.04-0.220.040.170.0-0.07-0.270.03-0.07-0.170.170.160.49-0.190.220.030.03-0.020.0
-0.210.90.7-0.2-0.20.860.71-0.840.830.840.2-0.110.310.40.620.36-0.40.90.470.060.530.770.77-0.40.0
Click cells to compare fundamentals

State Street Account Relationship Matchups

State Street fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding373.7M357.1M358.0M370.1M326.6M396.2M
Total Assets245.6B314.7B314.6B301.5B297.3B155.4B
Short Long Term Debt Total13.3B17.8B13.6B17.1B21.5B22.6B
Other Current Liab(839M)(4.0B)(128M)3.3B(3.2B)(3.0B)
Total Current Liabilities839M4.0B128M5.4B2.7B2.5B
Total Stockholder Equity24.6B26.2B27.4B25.2B23.8B12.8B
Property Plant And Equipment Net2.3B2.2B2.3B2.3B3.2B3.4B
Net Debt(58.9B)(102.6B)(96.4B)(88.5B)(70.3B)(66.8B)
Retained Earnings22.1B23.4B25.2B27.0B28.0B29.4B
Cash72.3B120.4B110.0B105.6B91.8B96.4B
Non Current Assets Total108.4B123.8B128.3B51.9B11.3B10.8B
Non Currrent Assets Other(216M)(233M)(254M)(66.5B)(107.2B)(101.9B)
Other Assets7.9B8.4B(327M)144.5B233.5B245.2B
Cash And Short Term Investments126.1B179.5B183.4B101.6B48.6B68.4B
Net Receivables3.2B3.1B3.3B3.4B5.7B6.0B
Liabilities And Stockholders Equity245.6B314.7B314.6B301.5B297.3B155.4B
Non Current Liabilities Total12.5B13.8B13.5B270.8B270.8B284.3B
Other Stockholder Equity(77M)(404M)778M(606M)(4.3B)(4.1B)
Total Liab221.0B288.5B287.3B276.3B273.5B142.6B
Total Current Assets129.3B182.6B186.7B105.0B52.4B77.9B
Short Term Debt839M4.0B128M2.1B5.8B3.6B
Property Plant And Equipment Gross3.1B2.9B7.7B8.1B9.3B9.7B
Accumulated Other Comprehensive Income(876M)187M(1.1B)(3.7B)(2.4B)(2.2B)
Other Liab98M22M19M172M154.8M147.1M
Accounts Payable24.9B27.5B255.0B22.5B25.9B24.6B
Long Term Debt12.4B13.8B13.5B15.0B15.5B8.6B
Short Term Investments53.8B59.0B73.4B40.6B12.7B12.1B
Inventory(97.9B)(147.0B)(140.7B)(132.9B)(130.6B)(124.1B)
Treasury Stock(10.2B)(10.6B)(10.0B)(11.3B)(10.2B)(9.7B)
Property Plant Equipment2.3B2.2B2.3B2.3B2.7B1.9B
Good Will7.6B7.7B7.6B7.5B7.6B5.6B
Other Current Assets97.9B147.0B140.7B132.9B128.7B135.1B
Intangible Assets2.0B1.8B1.8B1.5B1.3B2.0B
Preferred Stock Total Equity3.7B3.0B2.5B2.0B2.3B2.0B
Retained Earnings Total Equity21.9B23.4B25.2B27.0B31.1B17.2B
Net Tangible Assets11.9B14.2B16.0B14.2B16.3B13.3B
Long Term Debt Total12.5B13.8B13.5B15.0B17.2B12.5B

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When determining whether State Street Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if State Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about State Street Corp Stock. Highlighted below are key reports to facilitate an investment decision about State Street Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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Is State Street'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 State Street. If investors know State 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 State Street 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
(0.1)
Dividend Share
2.7
Earnings Share
5.43
Revenue Per Share
38.242
Quarterly Revenue Growth
0.018
The market value of State Street Corp is measured differently than its book value, which is the value of State that is recorded on the company's balance sheet. Investors also form their own opinion of State Street's value that differs from its market value or its book value, called intrinsic value, which is State Street'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 State Street's market value can be influenced by many factors that don't directly affect State Street'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 State Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if State Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, State Street'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.