Star Retained Earnings vs Accounts Payable Analysis

SBLK Stock  USD 26.20  0.15  0.58%   
Star Bulk financial indicator trend analysis is much more than just breaking down Star Bulk Carriers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Bulk Carriers is a good investment. Please check the relationship between Star Bulk Retained Earnings and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Bulk Carriers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Star Bulk Carriers Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Star Bulk's Retained Earnings and Accounts Payable is -0.39. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Star Bulk Carriers, assuming nothing else is changed. The correlation between historical values of Star Bulk's Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Star Bulk Carriers are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Star Bulk's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Star Bulk obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Star Bulk Carriers are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Star Bulk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Bulk Carriers 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 Star Bulk Carriers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Star Bulk's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 9.75 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.05.
 2021 2022 2023 2024 (projected)
Other Operating Expenses690.5M810.1M754.1M791.8M
Interest Expense47.8M52.6M93.1M97.8M

Star Bulk fundamental ratios Correlations

0.80.80.990.95-0.660.70.831.0-0.010.710.580.88-0.440.970.470.960.990.150.830.570.990.970.9-0.340.74
0.80.90.80.76-0.440.930.540.8-0.360.460.450.88-0.280.740.510.730.780.450.650.440.820.840.91-0.240.72
0.80.90.80.75-0.490.910.640.8-0.280.550.470.92-0.370.730.40.740.790.550.690.440.820.830.94-0.320.83
0.990.80.80.9-0.580.680.860.98-0.040.750.580.87-0.410.930.520.930.950.180.870.580.970.980.89-0.340.78
0.950.760.750.9-0.760.710.670.970.070.520.550.83-0.480.980.350.940.980.080.650.540.970.880.85-0.340.58
-0.66-0.44-0.49-0.58-0.76-0.39-0.51-0.69-0.41-0.33-0.42-0.630.55-0.77-0.13-0.81-0.730.0-0.35-0.43-0.69-0.55-0.60.44-0.21
0.70.930.910.680.71-0.390.370.71-0.370.260.330.83-0.350.630.460.630.70.560.480.30.730.740.88-0.290.7
0.830.540.640.860.67-0.510.370.790.040.920.480.76-0.360.770.330.810.780.160.930.480.80.850.71-0.340.78
1.00.80.80.980.97-0.690.710.790.020.640.60.87-0.480.980.460.970.990.140.770.590.990.960.9-0.370.7
-0.01-0.36-0.28-0.040.07-0.41-0.370.040.02-0.05-0.16-0.1-0.250.08-0.350.130.03-0.26-0.15-0.150.0-0.1-0.1-0.17-0.26
0.710.460.550.750.52-0.330.260.920.64-0.050.330.680.030.640.270.630.650.150.960.330.660.740.590.040.74
0.580.450.470.580.55-0.420.330.480.6-0.160.330.38-0.430.610.290.560.560.110.360.990.560.510.52-0.40.25
0.880.880.920.870.83-0.630.830.760.87-0.10.680.38-0.340.840.450.850.880.410.80.370.910.910.95-0.280.85
-0.44-0.28-0.37-0.41-0.480.55-0.35-0.36-0.48-0.250.03-0.43-0.34-0.47-0.1-0.57-0.46-0.09-0.1-0.43-0.46-0.4-0.450.97-0.26
0.970.740.730.930.98-0.770.630.770.980.080.640.610.84-0.470.360.970.990.050.730.620.970.90.85-0.340.61
0.470.510.40.520.35-0.130.460.330.46-0.350.270.290.45-0.10.360.430.390.070.410.30.460.540.42-0.180.4
0.960.730.740.930.94-0.810.630.810.970.130.630.560.85-0.570.970.430.970.10.740.560.970.920.85-0.480.63
0.990.780.790.950.98-0.730.70.780.990.030.650.560.88-0.460.990.390.970.120.770.550.990.940.88-0.330.68
0.150.450.550.180.080.00.560.160.14-0.260.150.110.41-0.090.050.070.10.120.220.010.160.270.48-0.130.45
0.830.650.690.870.65-0.350.480.930.77-0.150.960.360.8-0.10.730.410.740.770.220.350.80.880.72-0.080.85
0.570.440.440.580.54-0.430.30.480.59-0.150.330.990.37-0.430.620.30.560.550.010.350.550.490.5-0.390.25
0.990.820.820.970.97-0.690.730.80.990.00.660.560.91-0.460.970.460.970.990.160.80.550.970.91-0.350.73
0.970.840.830.980.88-0.550.740.850.96-0.10.740.510.91-0.40.90.540.920.940.270.880.490.970.9-0.340.82
0.90.910.940.890.85-0.60.880.710.9-0.10.590.520.95-0.450.850.420.850.880.480.720.50.910.9-0.370.82
-0.34-0.24-0.32-0.34-0.340.44-0.29-0.34-0.37-0.170.04-0.4-0.280.97-0.34-0.18-0.48-0.33-0.13-0.08-0.39-0.35-0.34-0.37-0.25
0.740.720.830.780.58-0.210.70.780.7-0.260.740.250.85-0.260.610.40.630.680.450.850.250.730.820.82-0.25
Click cells to compare fundamentals

Star Bulk Account Relationship Matchups

Star Bulk fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.2B3.8B3.4B3.0B1.9B
Other Current Liab58.3M32.1M36.9M51.8M46.2M48.5M
Total Current Liabilities310.9M266.4M290.8M282.6M359.4M377.3M
Total Stockholder Equity1.5B1.5B2.1B2.0B1.7B1.0B
Net Debt1.5B1.4B1.1B1.0B1.0B657.5M
Retained Earnings(1.0B)(996.3M)(546.3M)(648.7M)(633.2M)(664.9M)
Accounts Payable42.8M32.9M21.8M32.1M39.3M41.3M
Cash117.8M190.5M450.3M284.3M259.7M141.3M
Non Current Assets Total3.0B2.9B3.1B2.9B2.6B1.7B
Other Assets4.7M5.1M2.2M2.0M2.3M2.2M
Cash And Short Term Investments117.8M190.5M450.3M284.3M259.7M163.5M
Common Stock Total Equity642K926K961K971K1.1M739.7K
Common Stock Shares Outstanding93.7M96.3M101.5M102.5M98.9M103.9M
Short Term Investments77K50K549K21.7M6.0M5.7M
Liabilities And Stockholders Equity3.2B3.2B3.8B3.4B3.0B1.9B
Non Current Liabilities Total1.4B1.4B1.4B1.1B1.0B725.7M
Other Current Assets11.4M116.9M15.2M217.8M59.3M33.6M
Other Stockholder Equity2.5B2.5B2.6B2.6B2.3B1.6B
Total Liab1.7B1.6B1.7B1.4B1.4B866.4M
Total Current Assets266.0M307.4M682.9M502.1M450.1M236.9M
Common Stock961K971K1.0M1.0M840K790.4K
Property Plant And Equipment Net3.0B2.9B3.1B2.9B2.6B1.7B
Property Plant And Equipment Gross3.0B2.9B3.9B3.9B3.5B1.8B
Property Plant Equipment3.0B2.9B3.1B2.9B3.4B3.5B
Other Liab3.2M2.3M1.1M831K747.9K710.5K
Current Deferred Revenue7.4M11.7M25.0M16.7M16.7M17.6M
Non Currrent Assets Other4.7M5.9M8.9M48.3M4.3M4.1M
Inventory51.2M47.3M75.1M67.2M62.4M65.5M
Short Long Term Debt Total1.6B1.6B1.6B1.3B1.3B948.6M
Long Term Debt1.0B1.4B932.6M1.1B970.0M706.3M
Net Receivables78.0M56.6M119.4M110.1M68.7M42.3M
Short Term Debt202.5M189.8M207.1M181.9M257.1M270.0M
Net Tangible Assets1.5B1.5B2.1B2.0B2.3B1.5B
Long Term Investments1.2M1.3M1.6M1.7M1.7M1.2M
Short Long Term Debt150.4M189.8M156.7M181.9M249.1M163.1M

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When determining whether Star Bulk Carriers 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 Star 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 Star Bulk Carriers Stock. Highlighted below are key reports to facilitate an investment decision about Star Bulk Carriers Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Bulk Carriers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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Is Star Bulk'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 Star Bulk. If investors know Star 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 Star Bulk 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
(0.46)
Dividend Share
1.42
Earnings Share
1.76
Revenue Per Share
9.641
Quarterly Revenue Growth
(0.11)
The market value of Star Bulk Carriers is measured differently than its book value, which is the value of Star that is recorded on the company's balance sheet. Investors also form their own opinion of Star Bulk's value that differs from its market value or its book value, called intrinsic value, which is Star Bulk'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 Star Bulk's market value can be influenced by many factors that don't directly affect Star Bulk'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 Star Bulk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Bulk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Bulk'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.