SLM Cash And Short Term Investments vs Total Stockholder Equity Analysis

SLM Stock  USD 21.90  0.03  0.14%   
SLM Corp financial indicator trend analysis is much more than just breaking down SLM Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SLM Corp is a good investment. Please check the relationship between SLM Corp Cash And Short Term Investments and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SLM 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 bureau of economic analysis.
To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.

Cash And Short Term Investments vs Total Stockholder Equity

Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SLM Corp Cash And Short Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SLM Corp's Cash And Short Term Investments and Total Stockholder Equity is -0.11. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of SLM Corp, assuming nothing else is changed. The correlation between historical values of SLM Corp's Cash And Short Term Investments 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 Cash And Short Term Investments of SLM Corp 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 Cash And Short Term Investments i.e., SLM Corp's Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of SLM Corp balance sheet. This account contains SLM Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by SLM Corp 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.

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 SLM Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SLM 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 SLM 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 bureau of economic analysis.
To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.As of the 27th of April 2024, Tax Provision is likely to grow to about 208.3 M, while Selling General Administrative is likely to drop about 351.5 M.
 2021 2022 2023 2024 (projected)
Operating Income1.5B637.6M1.4B1.3B
Other Operating Expenses487.0M551.5M1.2B1.1B

SLM Corp fundamental ratios Correlations

0.130.21-0.870.07-0.110.2-0.5-0.520.460.050.050.110.310.010.160.290.20.150.45-0.74-0.70.910.330.86-0.68
0.130.99-0.340.560.90.99-0.03-0.410.360.70.690.530.00.991.00.70.990.130.620.510.54-0.090.060.48-0.36
0.210.99-0.410.550.861.0-0.11-0.490.350.680.680.55-0.030.961.00.730.990.10.650.440.47-0.020.150.54-0.45
-0.87-0.34-0.410.04-0.15-0.40.510.56-0.52-0.22-0.22-0.2-0.26-0.22-0.36-0.49-0.42-0.15-0.440.490.44-0.7-0.23-0.790.67
0.070.560.550.040.420.550.05-0.140.070.210.210.52-0.20.610.550.290.550.030.60.280.260.010.120.32-0.12
-0.110.90.86-0.150.420.860.01-0.280.190.710.710.39-0.110.910.890.730.89-0.020.50.720.76-0.37-0.010.19-0.15
0.20.991.0-0.40.550.86-0.12-0.50.330.680.670.55-0.050.960.990.730.990.080.660.450.48-0.030.160.52-0.45
-0.5-0.03-0.110.510.050.01-0.120.750.370.0-0.01-0.080.410.09-0.07-0.67-0.130.51-0.450.270.19-0.18-0.76-0.130.7
-0.52-0.41-0.490.56-0.14-0.28-0.50.750.15-0.42-0.43-0.090.41-0.28-0.47-0.7-0.50.56-0.560.10.04-0.23-0.65-0.410.97
0.460.360.35-0.520.070.190.330.370.150.280.250.120.850.350.35-0.070.340.78-0.04-0.26-0.270.56-0.550.73-0.02
0.050.70.68-0.220.210.710.680.0-0.420.281.0-0.240.00.650.730.520.7-0.150.310.430.47-0.130.00.3-0.35
0.050.690.68-0.220.210.710.67-0.01-0.430.251.0-0.24-0.030.640.730.530.7-0.170.320.440.48-0.140.020.29-0.35
0.110.530.55-0.20.520.390.55-0.08-0.090.12-0.24-0.24-0.060.570.490.360.510.290.490.20.20.00.120.28-0.1
0.310.0-0.03-0.26-0.2-0.11-0.050.410.410.850.0-0.03-0.060.02-0.02-0.31-0.060.86-0.34-0.37-0.370.47-0.680.440.22
0.010.990.96-0.220.610.910.960.09-0.280.350.650.640.570.020.970.620.960.190.560.60.62-0.18-0.040.4-0.21
0.161.01.0-0.360.550.890.99-0.07-0.470.350.730.730.49-0.020.970.710.990.080.620.490.52-0.070.090.5-0.41
0.290.70.73-0.490.290.730.73-0.67-0.7-0.070.520.530.36-0.310.620.710.75-0.320.70.330.41-0.130.480.26-0.58
0.20.990.99-0.420.550.890.99-0.13-0.50.340.70.70.51-0.060.960.990.750.050.670.460.5-0.060.140.5-0.43
0.150.130.1-0.150.03-0.020.080.510.560.78-0.15-0.170.290.860.190.08-0.320.05-0.19-0.19-0.210.34-0.610.390.39
0.450.620.65-0.440.60.50.66-0.45-0.56-0.040.310.320.49-0.340.560.620.70.67-0.190.060.110.190.590.49-0.5
-0.740.510.440.490.280.720.450.270.1-0.260.430.440.2-0.370.60.490.330.46-0.190.060.98-0.87-0.15-0.470.3
-0.70.540.470.440.260.760.480.190.04-0.270.470.480.2-0.370.620.520.410.5-0.210.110.98-0.87-0.11-0.450.24
0.91-0.09-0.02-0.70.01-0.37-0.03-0.18-0.230.56-0.13-0.140.00.47-0.18-0.07-0.13-0.060.340.19-0.87-0.870.110.83-0.45
0.330.060.15-0.230.12-0.010.16-0.76-0.65-0.550.00.020.12-0.68-0.040.090.480.14-0.610.59-0.15-0.110.110.1-0.56
0.860.480.54-0.790.320.190.52-0.13-0.410.730.30.290.280.440.40.50.260.50.390.49-0.47-0.450.830.1-0.57
-0.68-0.36-0.450.67-0.12-0.15-0.450.70.97-0.02-0.35-0.35-0.10.22-0.21-0.41-0.58-0.430.39-0.50.30.24-0.45-0.56-0.57
Click cells to compare fundamentals

SLM Corp Account Relationship Matchups

SLM Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding430.7M387.2M319.9M261.5M234.1M222.4M
Total Assets32.7B30.8B29.2B28.8B29.2B27.7B
Short Long Term Debt Total4.6B5.2B5.9B5.2B5.2B5.0B
Other Current Liab(289.2M)22.7B20.8B21.4B24.7B25.9B
Total Current Liabilities289.2M22.7B199.6M21.4B19.3B16.2B
Total Stockholder Equity3.3B2.6B2.1B1.7B1.9B2.8B
Net Debt(920.6M)733.9M1.6B619.0M1.1B1.0B
Retained Earnings1.9B1.7B2.8B3.2B3.6B3.8B
Accounts Payable24.3B22.7B20.8B21.4B24.7B25.9B
Cash5.6B4.5B4.3B4.6B4.1B3.8B
Non Current Assets Total706.8M2.2B2.9B259.0M198.2M208.1M
Non Currrent Assets Other(706.8M)(2.2B)(2.9B)(2.5B)(2.6B)(2.7B)
Other Assets24.4B20.3B18.1B22.3B23.1B24.2B
Cash And Short Term Investments6.1B6.5B6.9B4.7B4.1B3.8B
Net Receivables1.5B1.8B1.5B1.6B1.7B1.7B
Liabilities And Stockholders Equity32.7B30.8B29.2B28.8B29.2B27.7B
Non Current Liabilities Total4.4B5.2B5.9B5.2B5.2B5.0B
Other Stockholder Equity983.0M532.3M(987.0M)(1.7B)(2.0B)(1.9B)
Total Liab29.4B5.2B5.9B27.1B5.2B5.0B
Total Current Assets7.6B8.2B8.3B6.3B5.9B5.6B
Short Term Debt15.5B18.9B289.2M199.6M179.6M170.6M
Accumulated Other Comprehensive Income(12.4M)(34.2M)(17.9M)(93.9M)(75.1M)(71.3M)
Common Stock Total Equity90.7M91.3M86.4M87.0M100.1M95.2M
Common Stock90.7M91.3M86.4M87.0M87.6M95.3M
Short Term Investments487.7M2.0B2.5B2.3B686.8M652.4M
Other Current Assets(7.3B)(6.4B)(6.0B)(6.4B)(5.9B)(5.6B)
Property Plant And Equipment Net134.7M154.7M150.5M140.7M129.5M144.0M
Property Plant And Equipment Gross134.7M154.7M253.3M263.9M275.1M161.5M
Long Term Debt4.4B5.2B5.9B5.2B5.2B9.8B
Retained Earnings Total Equity1.9B1.7B2.8B3.2B3.6B3.8B
Treasury Stock(142.6M)(324.7M)(799.0M)(2.1B)(1.9B)(1.8B)
Property Plant Equipment134.7M154.7M150.5M140.7M161.8M169.9M
Net Tangible Assets2.9B2.3B1.9B1.4B1.2B2.1B
Long Term Debt Total4.4B5.2B5.9B5.2B4.7B4.5B

SLM Corp Investors Sentiment

The influence of SLM Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SLM. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SLM Corp's public news can be used to forecast risks associated with an investment in SLM. The trend in average sentiment can be used to explain how an investor holding SLM can time the market purely based on public headlines and social activities around SLM Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SLM Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SLM Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SLM Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SLM Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SLM Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SLM Corp's short interest history, or implied volatility extrapolated from SLM Corp options trading.

Currently Active Assets on Macroaxis

When determining whether SLM Corp is a strong investment it is important to analyze SLM Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SLM Corp's future performance. For an informed investment choice regarding SLM Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SLM 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 bureau of economic analysis.
To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for SLM Stock analysis

When running SLM Corp's price analysis, check to measure SLM Corp'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 SLM Corp is operating at the current time. Most of SLM Corp's value examination focuses on studying past and present price action to predict the probability of SLM Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SLM Corp's price. Additionally, you may evaluate how the addition of SLM Corp to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Equity Valuation
Check real value of public entities based on technical and fundamental data
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Global Correlations
Find global opportunities by holding instruments from different markets
Is SLM Corp'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 SLM Corp. If investors know SLM 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 SLM Corp 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
(0.62)
Dividend Share
0.44
Earnings Share
2.41
Revenue Per Share
6.326
Quarterly Revenue Growth
8.819
The market value of SLM Corp is measured differently than its book value, which is the value of SLM that is recorded on the company's balance sheet. Investors also form their own opinion of SLM Corp's value that differs from its market value or its book value, called intrinsic value, which is SLM Corp'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 SLM Corp's market value can be influenced by many factors that don't directly affect SLM Corp'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 SLM Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SLM Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SLM Corp'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.