SIBN Cash And Short Term Investments vs Other Current Liab Analysis
SIBN Stock | USD 14.05 0.58 4.31% |
Si Bone financial indicator trend analysis is much more than just breaking down Si Bone prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Si Bone is a good investment. Please check the relationship between Si Bone Cash And Short Term Investments and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Si Bone. 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 labor statistics. To learn how to invest in SIBN Stock, please use our How to Invest in Si Bone guide.
Cash And Short Term Investments vs Other Current Liab
Cash And Short Term Investments vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Si Bone Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Si Bone's Cash And Short Term Investments and Other Current Liab is 0.39. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Si Bone, assuming nothing else is changed. The correlation between historical values of Si Bone's Cash And Short Term Investments 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 Cash And Short Term Investments of Si Bone 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 Cash And Short Term Investments i.e., Si Bone's Cash And Short Term Investments and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Si Bone balance sheet. This account contains Si Bone investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Si Bone fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Other Current Liab
Most indicators from Si Bone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Si Bone 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 Si Bone. 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 labor statistics. To learn how to invest in SIBN Stock, please use our How to Invest in Si Bone guide.As of the 3rd of June 2024, Enterprise Value is likely to grow to about 852.9 M, while Selling General Administrative is likely to drop about 18.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 79.7M | 90.7M | 109.4M | 62.6M | Total Revenue | 90.2M | 106.4M | 138.9M | 72.3M |
Si Bone fundamental ratios Correlations
Click cells to compare fundamentals
Si Bone Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Si Bone fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 24.7M | 29.1M | 33.1M | 34.2M | 38.4M | 22.4M | |
Total Assets | 117.0M | 223.1M | 190.5M | 157.6M | 230.4M | 121.5M | |
Other Current Liab | 272K | 10.2M | 1.3M | 13.5M | 17.5M | 18.3M | |
Total Current Liabilities | 18.8M | 13.5M | 16.9M | 21.2M | 23.5M | 14.8M | |
Total Stockholder Equity | 63.0M | 169.4M | 134.4M | 98.3M | 169.4M | 177.8M | |
Property Plant And Equipment Net | 4.0M | 4.5M | 14.2M | 19.6M | 18.7M | 19.6M | |
Net Debt | 28.8M | (14.1M) | (22.9M) | 18.7M | 5.7M | 6.0M | |
Retained Earnings | (195.6M) | (239.3M) | (295.8M) | (357.1M) | (400.4M) | (380.4M) | |
Accounts Payable | 2.8M | 3.3M | 3.2M | 6.3M | 4.6M | 3.4M | |
Cash | 10.4M | 53.6M | 63.4M | 20.7M | 33.3M | 30.3M | |
Non Current Assets Total | 5.5M | 4.9M | 14.6M | 19.9M | 19.0M | 20.0M | |
Non Currrent Assets Other | 325K | 315K | 374K | 400K | 375K | 341.3K | |
Other Assets | 315K | 374K | 400K | 375K | 337.5K | 406.6K | |
Cash And Short Term Investments | 91.8M | 196.4M | 147.0M | 97.3M | 166.0M | 91.7M | |
Net Receivables | 11.7M | 13.6M | 14.2M | 20.7M | 22.0M | 12.2M | |
Non Current Liabilities Total | 35.2M | 40.3M | 39.2M | 38.1M | 37.6M | 41.6M | |
Inventory | 5.5M | 5.6M | 11.5M | 17.3M | 20.2M | 21.3M | |
Other Current Assets | 2.5M | 2.6M | 3.1M | 2.4M | 3.2M | 2.1M | |
Other Stockholder Equity | 258.1M | 408.1M | 429.9M | 455.2M | 569.5M | 598.0M | |
Total Liab | 54.0M | 53.8M | 56.1M | 59.3M | 61.1M | 72.0M | |
Total Current Assets | 111.5M | 218.2M | 175.9M | 137.6M | 211.4M | 113.3M | |
Common Stock | 3K | 258.1M | 408.1M | 429.9M | 455.2M | 3.8K | |
Net Tangible Assets | 63.0M | 169.4M | 134.4M | 98.3M | 113.0M | 118.7M | |
Long Term Debt | 34.9M | 39.5M | 35.0M | 35.2M | 36.1M | 35.2M | |
Property Plant Equipment | 4.0M | 4.5M | 14.2M | 15.6M | 17.9M | 18.8M | |
Long Term Debt Total | 39.0M | 34.9M | 39.5M | 35.2M | 40.4M | 37.0M | |
Capital Surpluse | 246.9M | 258.1M | 408.1M | 455.2M | 523.4M | 549.6M | |
Short Long Term Debt Total | 39.2M | 39.5M | 40.5M | 39.4M | 39.0M | 41.9M | |
Other Liab | 362K | 854K | 57K | 30K | 27K | 25.7K | |
Liabilities And Stockholders Equity | 117.0M | 223.1M | 190.5M | 157.6M | 230.4M | 155.7M | |
Property Plant And Equipment Gross | 4.0M | 4.5M | 14.2M | 19.6M | 34.0M | 35.6M | |
Accumulated Other Comprehensive Income | 464K | 524K | 352K | 232K | 335K | 322K | |
Net Invested Capital | 102.2M | 208.8M | 169.4M | 133.5M | 205.4M | 134.8M | |
Net Working Capital | 92.7M | 204.8M | 159.0M | 116.4M | 187.9M | 143.6M | |
Short Term Investments | 81.3M | 142.9M | 83.6M | 76.6M | 132.7M | 112.6M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Si Bone. 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 labor statistics. To learn how to invest in SIBN Stock, please use our How to Invest in Si Bone guide.Note that the Si Bone information on this page should be used as a complementary analysis to other Si Bone'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for SIBN Stock analysis
When running Si Bone's price analysis, check to measure Si Bone'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 Si Bone is operating at the current time. Most of Si Bone's value examination focuses on studying past and present price action to predict the probability of Si Bone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Si Bone's price. Additionally, you may evaluate how the addition of Si Bone to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data |
Is Si Bone'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 Si Bone. If investors know SIBN 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 Si Bone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.08) | Revenue Per Share 3.607 | Quarterly Revenue Growth 0.158 | Return On Assets (0.16) | Return On Equity (0.33) |
The market value of Si Bone is measured differently than its book value, which is the value of SIBN that is recorded on the company's balance sheet. Investors also form their own opinion of Si Bone's value that differs from its market value or its book value, called intrinsic value, which is Si Bone'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 Si Bone's market value can be influenced by many factors that don't directly affect Si Bone'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 Si Bone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Si Bone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Si Bone'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.