SIBN Net Working Capital vs Total Stockholder Equity Analysis

SIBN Stock  USD 14.92  0.21  1.39%   
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 Net Working Capital and its Total Stockholder Equity 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.

Net Working Capital vs Total Stockholder Equity

Net Working Capital vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Si Bone Net Working Capital account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Si Bone's Net Working Capital and Total Stockholder Equity is 0.89. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Stockholder Equity 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 Net Working Capital and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Si Bone are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Working Capital i.e., Si Bone's Net Working Capital and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Net Working Capital

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 21st of May 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 Profit79.7M90.7M109.4M62.6M
Total Revenue90.2M106.4M138.9M72.3M

Si Bone fundamental ratios Correlations

0.930.420.870.720.810.27-0.920.420.680.830.63-0.090.870.950.090.810.950.870.20.91-0.820.690.820.75-0.6
0.930.450.740.830.690.19-0.860.330.750.70.63-0.130.990.87-0.020.710.960.870.081.0-0.790.640.930.79-0.66
0.420.450.410.610.690.19-0.640.610.110.670.24-0.130.390.6-0.180.760.340.67-0.080.44-0.23-0.020.490.33-0.28
0.870.740.410.60.770.42-0.810.560.340.790.63-0.270.650.9-0.030.780.780.790.10.71-0.580.550.680.47-0.68
0.720.830.610.60.7-0.01-0.750.510.540.70.33-0.080.820.72-0.480.740.770.92-0.370.83-0.440.490.940.52-0.75
0.810.690.690.770.70.21-0.930.580.471.00.45-0.040.580.86-0.030.980.720.890.10.65-0.570.410.680.53-0.52
0.270.190.190.42-0.010.21-0.350.08-0.270.240.6-0.330.150.340.380.290.280.180.440.18-0.50.060.170.49-0.13
-0.92-0.86-0.64-0.81-0.75-0.93-0.35-0.41-0.61-0.94-0.630.08-0.79-0.91-0.12-0.95-0.88-0.93-0.26-0.840.8-0.5-0.81-0.770.56
0.420.330.610.560.510.580.08-0.41-0.080.560.07-0.190.230.64-0.550.550.280.55-0.470.30.060.40.420.02-0.34
0.680.750.110.340.540.47-0.27-0.61-0.080.470.460.030.780.490.230.430.720.570.280.76-0.650.580.650.62-0.38
0.830.70.670.790.71.00.24-0.940.560.470.47-0.050.60.87-0.020.980.740.890.120.66-0.60.430.690.55-0.53
0.630.630.240.630.330.450.6-0.630.070.460.47-0.580.630.570.460.490.630.510.550.64-0.70.430.580.67-0.48
-0.09-0.13-0.13-0.27-0.08-0.04-0.330.08-0.190.03-0.05-0.58-0.14-0.17-0.05-0.08-0.08-0.13-0.08-0.140.0-0.1-0.210.020.31
0.870.990.390.650.820.580.15-0.790.230.780.60.63-0.140.78-0.010.620.930.820.070.99-0.780.630.930.79-0.66
0.950.870.60.90.720.860.34-0.910.640.490.870.57-0.170.78-0.030.860.870.880.090.84-0.690.60.780.66-0.57
0.09-0.02-0.18-0.03-0.48-0.030.38-0.12-0.550.23-0.020.46-0.05-0.01-0.03-0.030.05-0.220.99-0.01-0.5-0.06-0.240.380.36
0.810.710.760.780.740.980.29-0.950.550.430.980.49-0.080.620.86-0.030.740.920.110.68-0.60.340.710.57-0.53
0.950.960.340.780.770.720.28-0.880.280.720.740.63-0.080.930.870.050.740.860.150.95-0.850.660.880.83-0.6
0.870.870.670.790.920.890.18-0.930.550.570.890.51-0.130.820.88-0.220.920.86-0.080.85-0.610.550.910.63-0.69
0.20.08-0.080.1-0.370.10.44-0.26-0.470.280.120.55-0.080.070.090.990.110.15-0.080.08-0.58-0.01-0.140.450.26
0.911.00.440.710.830.650.18-0.840.30.760.660.64-0.140.990.84-0.010.680.950.850.08-0.790.640.930.8-0.66
-0.82-0.79-0.23-0.58-0.44-0.57-0.50.80.06-0.65-0.6-0.70.0-0.78-0.69-0.5-0.6-0.85-0.61-0.58-0.79-0.49-0.64-0.940.34
0.690.64-0.020.550.490.410.06-0.50.40.580.430.43-0.10.630.6-0.060.340.660.55-0.010.64-0.490.650.49-0.46
0.820.930.490.680.940.680.17-0.810.420.650.690.58-0.210.930.78-0.240.710.880.91-0.140.93-0.640.650.7-0.79
0.750.790.330.470.520.530.49-0.770.020.620.550.670.020.790.660.380.570.830.630.450.8-0.940.490.7-0.26
-0.6-0.66-0.28-0.68-0.75-0.52-0.130.56-0.34-0.38-0.53-0.480.31-0.66-0.570.36-0.53-0.6-0.690.26-0.660.34-0.46-0.79-0.26
Click cells to compare fundamentals

Si Bone Account Relationship Matchups

Si Bone fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding24.7M29.1M33.1M34.2M38.4M22.4M
Total Assets117.0M223.1M190.5M157.6M230.4M121.5M
Other Current Liab272K10.2M1.3M13.5M17.5M18.3M
Total Current Liabilities18.8M13.5M16.9M21.2M23.5M14.8M
Total Stockholder Equity63.0M169.4M134.4M98.3M169.4M177.8M
Property Plant And Equipment Net4.0M4.5M14.2M19.6M18.7M19.6M
Net Debt28.8M(14.1M)(22.9M)18.7M5.7M6.0M
Retained Earnings(195.6M)(239.3M)(295.8M)(357.1M)(400.4M)(380.4M)
Accounts Payable2.8M3.3M3.2M6.3M4.6M3.4M
Cash10.4M53.6M63.4M20.7M33.3M30.3M
Non Current Assets Total5.5M4.9M14.6M19.9M19.0M20.0M
Non Currrent Assets Other325K315K374K400K375K341.3K
Other Assets315K374K400K375K337.5K406.6K
Cash And Short Term Investments91.8M196.4M147.0M97.3M166.0M91.7M
Net Receivables11.7M13.6M14.2M20.7M22.0M12.2M
Non Current Liabilities Total35.2M40.3M39.2M38.1M37.6M41.6M
Inventory5.5M5.6M11.5M17.3M20.2M21.3M
Other Current Assets2.5M2.6M3.1M2.4M3.2M2.1M
Other Stockholder Equity258.1M408.1M429.9M455.2M569.5M598.0M
Total Liab54.0M53.8M56.1M59.3M61.1M72.0M
Total Current Assets111.5M218.2M175.9M137.6M211.4M113.3M
Common Stock3K258.1M408.1M429.9M455.2M3.8K
Net Tangible Assets63.0M169.4M134.4M98.3M113.0M118.7M
Long Term Debt34.9M39.5M35.0M35.2M36.1M35.2M
Property Plant Equipment4.0M4.5M14.2M15.6M17.9M18.8M
Long Term Debt Total39.0M34.9M39.5M35.2M40.4M37.0M
Capital Surpluse246.9M258.1M408.1M455.2M523.4M549.6M
Short Long Term Debt Total39.2M39.5M40.5M39.4M39.0M41.9M
Other Liab362K854K57K30K27K25.7K
Liabilities And Stockholders Equity117.0M223.1M190.5M157.6M230.4M155.7M
Property Plant And Equipment Gross4.0M4.5M14.2M19.6M34.0M35.6M
Accumulated Other Comprehensive Income464K524K352K232K335K322K
Net Invested Capital102.2M208.8M169.4M133.5M205.4M134.8M
Net Working Capital92.7M204.8M159.0M116.4M187.9M143.6M
Short Term Investments81.3M142.9M83.6M76.6M132.7M112.6M

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When determining whether Si Bone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Si Bone's 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 Si Bone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Si Bone Stock:
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.
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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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.
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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.