SLM Long Term Investments vs Intangible Assets 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 Long Term Investments and its Intangible Assets 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.
Long Term Investments vs Intangible Assets
Long Term Investments vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SLM Corp Long Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SLM Corp's Long Term Investments and Intangible Assets is -0.11. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Intangible Assets 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 Long Term Investments and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of SLM Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Investments i.e., SLM Corp's Long Term Investments and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of SLM Corp balance sheet that represents investments SLM Corp intends to hold for over a year. SLM Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Income | 1.5B | 637.6M | 1.4B | 1.3B | Other Operating Expenses | 487.0M | 551.5M | 1.2B | 1.1B |
SLM Corp fundamental ratios Correlations
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SLM Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SLM Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 430.7M | 387.2M | 319.9M | 261.5M | 234.1M | 222.4M | |
Total Assets | 32.7B | 30.8B | 29.2B | 28.8B | 29.2B | 27.7B | |
Short Long Term Debt Total | 4.6B | 5.2B | 5.9B | 5.2B | 5.2B | 5.0B | |
Other Current Liab | (289.2M) | 22.7B | 20.8B | 21.4B | 24.7B | 25.9B | |
Total Current Liabilities | 289.2M | 22.7B | 199.6M | 21.4B | 19.3B | 16.2B | |
Total Stockholder Equity | 3.3B | 2.6B | 2.1B | 1.7B | 1.9B | 2.8B | |
Net Debt | (920.6M) | 733.9M | 1.6B | 619.0M | 1.1B | 1.0B | |
Retained Earnings | 1.9B | 1.7B | 2.8B | 3.2B | 3.6B | 3.8B | |
Accounts Payable | 24.3B | 22.7B | 20.8B | 21.4B | 24.7B | 25.9B | |
Cash | 5.6B | 4.5B | 4.3B | 4.6B | 4.1B | 3.8B | |
Non Current Assets Total | 706.8M | 2.2B | 2.9B | 259.0M | 198.2M | 208.1M | |
Non Currrent Assets Other | (706.8M) | (2.2B) | (2.9B) | (2.5B) | (2.6B) | (2.7B) | |
Other Assets | 24.4B | 20.3B | 18.1B | 22.3B | 23.1B | 24.2B | |
Cash And Short Term Investments | 6.1B | 6.5B | 6.9B | 4.7B | 4.1B | 3.8B | |
Net Receivables | 1.5B | 1.8B | 1.5B | 1.6B | 1.7B | 1.7B | |
Liabilities And Stockholders Equity | 32.7B | 30.8B | 29.2B | 28.8B | 29.2B | 27.7B | |
Non Current Liabilities Total | 4.4B | 5.2B | 5.9B | 5.2B | 5.2B | 5.0B | |
Other Stockholder Equity | 983.0M | 532.3M | (987.0M) | (1.7B) | (2.0B) | (1.9B) | |
Total Liab | 29.4B | 5.2B | 5.9B | 27.1B | 5.2B | 5.0B | |
Total Current Assets | 7.6B | 8.2B | 8.3B | 6.3B | 5.9B | 5.6B | |
Short Term Debt | 15.5B | 18.9B | 289.2M | 199.6M | 179.6M | 170.6M | |
Accumulated Other Comprehensive Income | (12.4M) | (34.2M) | (17.9M) | (93.9M) | (75.1M) | (71.3M) | |
Common Stock Total Equity | 90.7M | 91.3M | 86.4M | 87.0M | 100.1M | 95.2M | |
Common Stock | 90.7M | 91.3M | 86.4M | 87.0M | 87.6M | 95.3M | |
Short Term Investments | 487.7M | 2.0B | 2.5B | 2.3B | 686.8M | 652.4M | |
Other Current Assets | (7.3B) | (6.4B) | (6.0B) | (6.4B) | (5.9B) | (5.6B) | |
Property Plant And Equipment Net | 134.7M | 154.7M | 150.5M | 140.7M | 129.5M | 144.0M | |
Property Plant And Equipment Gross | 134.7M | 154.7M | 253.3M | 263.9M | 275.1M | 161.5M | |
Long Term Debt | 4.4B | 5.2B | 5.9B | 5.2B | 5.2B | 9.8B | |
Retained Earnings Total Equity | 1.9B | 1.7B | 2.8B | 3.2B | 3.6B | 3.8B | |
Treasury Stock | (142.6M) | (324.7M) | (799.0M) | (2.1B) | (1.9B) | (1.8B) | |
Property Plant Equipment | 134.7M | 154.7M | 150.5M | 140.7M | 161.8M | 169.9M | |
Net Tangible Assets | 2.9B | 2.3B | 1.9B | 1.4B | 1.2B | 2.1B | |
Long Term Debt Total | 4.4B | 5.2B | 5.9B | 5.2B | 4.7B | 4.5B |
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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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 1.702 | Dividend Share 0.44 | Earnings Share 3.21 | Revenue Per Share 7.519 | Quarterly Revenue Growth 0.756 |
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.