SFL Current Deferred Revenue vs Total Current Liabilities Analysis
SFL Stock | USD 14.05 0.15 1.06% |
SFL financial indicator trend analysis is much more than just breaking down SFL Corporation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SFL Corporation is a good investment. Please check the relationship between SFL Current Deferred Revenue and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Current Deferred Revenue vs Total Current Liabilities
Current Deferred Revenue vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SFL Corporation Current Deferred Revenue account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SFL's Current Deferred Revenue and Total Current Liabilities is 0.91. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of SFL Corporation, assuming nothing else is changed. The correlation between historical values of SFL's Current Deferred Revenue 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 Current Deferred Revenue of SFL Corporation 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 Current Deferred Revenue i.e., SFL's Current Deferred Revenue and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Current Liabilities
Total Current Liabilities is an item on SFL balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SFL Corporation 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 SFL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SFL Corporation 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 SFL Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. At this time, SFL's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.03 this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 218.3M | 277.4M | 244.5M | 211.0M | Total Revenue | 513.4M | 670.4M | 752.3M | 488.1M |
SFL fundamental ratios Correlations
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SFL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SFL fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9B | 3.1B | 3.5B | 3.9B | 3.7B | 3.3B | |
Total Stockholder Equity | 1.1B | 795.7M | 982.3M | 1.1B | 1.0B | 968.8M | |
Property Plant And Equipment Net | 2.1B | 1.9B | 2.9B | 3.4B | 3.2B | 1.9B | |
Net Debt | 2.5B | 2.0B | 2.3B | 2.5B | 2.4B | 2.0B | |
Cash | 199.5M | 215.4M | 145.6M | 188.4M | 165.5M | 103.2M | |
Non Current Assets Total | 3.5B | 2.7B | 3.2B | 3.6B | 3.4B | 2.9B | |
Non Currrent Assets Other | 1.3B | 771.4M | 248.6M | 188.8M | 96.7M | 91.9M | |
Other Assets | 391.9M | 145.9M | 67.3M | 40.2M | 46.2M | 43.9M | |
Cash And Short Term Investments | 273.6M | 244.3M | 166.8M | 195.6M | 191.2M | 159.5M | |
Common Stock Shares Outstanding | 107.7M | 109.0M | 139.4M | 137.4M | 126.6M | 100.5M | |
Liabilities And Stockholders Equity | 3.9B | 3.1B | 3.5B | 3.9B | 3.7B | 3.3B | |
Other Stockholder Equity | 1.1B | 1.1B | 1.1B | 1.0B | 1.0B | 898.9M | |
Total Liab | 2.8B | 2.3B | 2.5B | 2.8B | 2.7B | 2.3B | |
Property Plant And Equipment Gross | 3.1B | 1.9B | 2.9B | 3.4B | 4.2B | 4.4B | |
Total Current Assets | 390.5M | 356.4M | 250.3M | 297.0M | 294.1M | 295.7M | |
Short Long Term Debt Total | 2.7B | 2.2B | 2.4B | 2.7B | 2.6B | 2.2B | |
Other Current Liab | 30.5M | 26.3M | 23.1M | 46.6M | 54.7M | 28.5M | |
Total Current Liabilities | 365.8M | 576.5M | 400.3M | 1.1B | 969.2M | 1.0B | |
Other Liab | 11.1M | 8.3M | 17.2M | 10.3M | 9.3M | 8.8M | |
Current Deferred Revenue | 10M | 15.2M | 21.5M | 27.2M | 32.0M | 33.6M | |
Accounts Payable | 3.4M | 1.2M | 1.8M | 7.9M | 30.3M | 31.8M | |
Long Term Debt | 1.4B | 1.2B | 1.6B | 1.3B | 1.7B | 1.2B | |
Net Receivables | 78.6M | 63.1M | 32.0M | 19.8M | 74.0M | 50.5M | |
Non Current Liabilities Total | 2.4B | 1.7B | 2.1B | 1.7B | 1.7B | 1.9B | |
Inventory | 7.9M | 8.8M | 10.1M | 16.4M | 11.7M | 9.3M | |
Other Current Assets | 34.8M | 40.1M | 43.1M | 81.5M | 17.2M | 16.3M | |
Short Term Debt | 321.9M | 533.8M | 354.0M | 974.9M | 852.3M | 894.9M | |
Property Plant Equipment | 2.1B | 1.9B | 2.9B | 3.4B | 3.9B | 4.1B | |
Short Term Investments | 74.1M | 28.8M | 21.2M | 7.3M | 25.7M | 24.5M | |
Accumulated Other Comprehensive Income | (13.0M) | (19.3M) | (9.2M) | 8.7M | 4.5M | 4.7M | |
Retained Earnings | 0.0 | (257.1M) | (92.7M) | 40.0M | 960K | 912K | |
Long Term Investments | 42.2M | 649.4M | 16.6M | 16.5M | 16.5M | 15.6M | |
Short Long Term Debt | 253.1M | 485.0M | 302.8M | 921.3M | 432.9M | 388.4M | |
Net Tangible Assets | 1.1B | 795.7M | 982.3M | 1.1B | 982.1M | 878.2M | |
Long Term Debt Total | 2.4B | 1.7B | 2.1B | 1.7B | 2.0B | 1.9B | |
Capital Surpluse | 1.1B | 1.1B | 1.1B | 1.0B | 1.2B | 1.1B | |
Capital Lease Obligations | 1.1B | 573.1M | 524.2M | 473.0M | 419.3M | 636.6M |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the SFL Corporation information on this page should be used as a complementary analysis to other SFL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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When running SFL's price analysis, check to measure SFL'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 SFL is operating at the current time. Most of SFL's value examination focuses on studying past and present price action to predict the probability of SFL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SFL's price. Additionally, you may evaluate how the addition of SFL to your portfolios can decrease your overall portfolio volatility.
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Is SFL'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 SFL. If investors know SFL 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 SFL 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 (0.39) | Dividend Share 0.99 | Earnings Share 0.66 | Revenue Per Share 5.896 | Quarterly Revenue Growth 0.057 |
The market value of SFL Corporation is measured differently than its book value, which is the value of SFL that is recorded on the company's balance sheet. Investors also form their own opinion of SFL's value that differs from its market value or its book value, called intrinsic value, which is SFL'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 SFL's market value can be influenced by many factors that don't directly affect SFL'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 SFL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SFL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SFL'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.