Simulations Current Liabilities vs Current Assets Analysis

SLP Stock

USD 41.91 0.64 1.50%

Simulations Plus financial indicator trend analysis is much more than just breaking down Simulations Plus prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Simulations Plus is a good investment. Please check the relationship between Simulations Plus Current Liabilities and its Current Assets accounts. Additionally, take a look at World Market Map.

Current Liabilities vs Current Assets

Current Liabilities vs Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simulations Plus Current Liabilities account and Current Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Simulations Plus' Current Liabilities and Current Assets is 0.84. Overlapping area represents the amount of variation of Current Liabilities that can explain the historical movement of Current Assets in the same time period over historical financial statements of Simulations Plus, assuming nothing else is changed. The correlation between historical values of Simulations Plus' Current Liabilities and Current 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 Current Liabilities of Simulations Plus are associated (or correlated) with its Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Assets has no effect on the direction of Current Liabilities i.e., Simulations Plus' Current Liabilities and Current Assets go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

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Current Liabilities

The current portion of Total Liabilities; reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Current Assets

Current assets of Simulations Plus include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Simulations Plus. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Most indicators from Simulations Plus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Simulations Plus 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. Additionally, take a look at World Market Map.Simulations Plus Selling General and Administrative Expense is relatively stable at the moment as compared to the past year. Simulations Plus reported last year Selling General and Administrative Expense of 28.71 Million. As of 03/20/2023, Issuance Purchase of Equity Shares is likely to grow to about 1.1 M, while Issuance Repayment of Debt Securities is likely to drop (3.4 M).

	2020	2021	2022	2023 (projected)
Consolidated Income	9.78 M	12.48 M	14.36 M	11.38 M
Direct Expenses	10.6 M	10.82 M	9.74 M	10.51 M

Consolidated Income Direct Expenses

Simulations Plus fundamental ratios Correlations

	Inventories	Receivables	Accounts Payable	Total Assets	Current Assets	Assets Non Current	Cash and Equivalents	Total Debt	Debt Current	Debt Non Current	Deferred Revenue	Shareholders Equity	Goodwill and Intangible Assets	Investments	Investments Current	Total Liabilities	Current Liabilities	Liabilities Non Current	Trade and Non Trade Payables	Property Plant and Equipment Net	Trade and Non Trade Receivables	Tax Assets	Tax Liabilities
Inventories		0.06	-0.03	0.22	0.25	-0.02	0.29	0.35	-0.29	0.3	0.33	0.24	-0.03	0.36	0.36	-0.17	-0.01	-0.27	-0.39	0.18	0.22	0.32	-0.31
Receivables	0.06		0.51	0.93	0.91	0.96	0.87	0.79	-0.66	0.81	0.79	0.92	0.95	0.77	0.77	0.8	0.92	0.12	-0.03	0.9	0.95	0.81	-0.05
Accounts Payable	-0.03	0.51		0.39	0.36	0.52	0.29	0.09	-0.35	0.15	0.01	0.36	0.52	0.21	0.21	0.67	0.57	0.36	0.46	0.45	0.34	0.04	0.09
Total Assets	0.22	0.93	0.39		1.0	0.9	0.98	0.88	-0.73	0.89	0.82	1.0	0.89	0.87	0.87	0.69	0.86	0.01	-0.23	0.95	0.94	0.9	-0.21
Current Assets	0.25	0.91	0.36	1.0		0.87	0.99	0.89	-0.73	0.9	0.81	1.0	0.85	0.87	0.87	0.63	0.84	-0.06	-0.29	0.95	0.92	0.91	-0.28
Assets Non Current	-0.02	0.96	0.52	0.9	0.87		0.83	0.74	-0.6	0.76	0.74	0.89	1.0	0.72	0.72	0.89	0.91	0.29	0.09	0.85	0.92	0.74	0.12
Cash and Equivalents	0.29	0.87	0.29	0.98	0.99	0.83		0.87	-0.64	0.86	0.83	0.99	0.82	0.82	0.82	0.57	0.77	-0.07	-0.4	0.89	0.92	0.92	-0.31
Total Debt	0.35	0.79	0.09	0.88	0.89	0.74	0.87		-0.76	0.99	0.92	0.89	0.73	0.95	0.95	0.48	0.76	-0.2	-0.27	0.87	0.87	0.9	-0.29
Debt Current	-0.29	-0.66	-0.35	-0.73	-0.73	-0.6	-0.64	-0.76		-0.8	-0.53	-0.73	-0.58	-0.92	-0.92	-0.52	-0.78	0.16	-0.04	-0.87	-0.63	-0.65	0.21
Debt Non Current	0.3	0.81	0.15	0.89	0.9	0.76	0.86	0.99	-0.8		0.88	0.9	0.74	0.96	0.96	0.51	0.81	-0.21	-0.22	0.91	0.85	0.89	-0.31
Deferred Revenue	0.33	0.79	0.01	0.82	0.81	0.74	0.83	0.92	-0.53	0.88		0.82	0.73	0.8	0.8	0.47	0.65	-0.07	-0.29	0.71	0.91	0.87	-0.12
Shareholders Equity	0.24	0.92	0.36	1.0	1.0	0.89	0.99	0.89	-0.73	0.9	0.82		0.88	0.87	0.87	0.66	0.85	-0.03	-0.27	0.95	0.94	0.91	-0.24
Goodwill and Intangible Assets	-0.03	0.95	0.52	0.89	0.85	1.0	0.82	0.73	-0.58	0.74	0.73	0.88		0.7	0.7	0.9	0.89	0.32	0.1	0.83	0.91	0.73	0.15
Investments	0.36	0.77	0.21	0.87	0.87	0.72	0.82	0.95	-0.92	0.96	0.8	0.87	0.7		1.0	0.53	0.81	-0.19	-0.14	0.92	0.81	0.84	-0.26
Investments Current	0.36	0.77	0.21	0.87	0.87	0.72	0.82	0.95	-0.92	0.96	0.8	0.87	0.7	1.0		0.53	0.81	-0.19	-0.14	0.92	0.81	0.84	-0.26
Total Liabilities	-0.17	0.8	0.67	0.69	0.63	0.89	0.57	0.48	-0.52	0.51	0.47	0.66	0.9	0.53	0.53		0.79	0.61	0.49	0.68	0.71	0.45	0.45
Current Liabilities	-0.01	0.92	0.57	0.86	0.84	0.91	0.77	0.76	-0.78	0.81	0.65	0.85	0.89	0.81	0.81	0.79		0.0	0.12	0.93	0.83	0.69	-0.1
Liabilities Non Current	-0.27	0.12	0.36	0.01	-0.06	0.29	-0.07	-0.2	0.16	-0.21	-0.07	-0.03	0.32	-0.19	-0.19	0.61	0.0		0.65	-0.09	0.09	-0.15	0.86
Trade and Non Trade Payables	-0.39	-0.03	0.46	-0.23	-0.29	0.09	-0.4	-0.27	-0.04	-0.22	-0.29	-0.27	0.1	-0.14	-0.14	0.49	0.12	0.65		-0.1	-0.17	-0.43	0.72
Property Plant and Equipment Net	0.18	0.9	0.45	0.95	0.95	0.85	0.89	0.87	-0.87	0.91	0.71	0.95	0.83	0.92	0.92	0.68	0.93	-0.09	-0.1		0.85	0.82	-0.24
Trade and Non Trade Receivables	0.22	0.95	0.34	0.94	0.92	0.92	0.92	0.87	-0.63	0.85	0.91	0.94	0.91	0.81	0.81	0.71	0.83	0.09	-0.17	0.85		0.88	-0.07
Tax Assets	0.32	0.81	0.04	0.9	0.91	0.74	0.92	0.9	-0.65	0.89	0.87	0.91	0.73	0.84	0.84	0.45	0.69	-0.15	-0.43	0.82	0.88		-0.31
Tax Liabilities	-0.31	-0.05	0.09	-0.21	-0.28	0.12	-0.31	-0.29	0.21	-0.31	-0.12	-0.24	0.15	-0.26	-0.26	0.45	-0.1	0.86	0.72	-0.24	-0.07	-0.31

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Simulations Plus Account Relationship Matchups

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When running Simulations Plus price analysis, check to measure Simulations Plus' 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 Simulations Plus is operating at the current time. Most of Simulations Plus' value examination focuses on studying past and present price action to predict the probability of Simulations Plus' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Simulations Plus' price. Additionally, you may evaluate how the addition of Simulations Plus to your portfolios can decrease your overall portfolio volatility.

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Is Simulations Plus' 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 Simulations Plus. If investors know Simulations 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 Simulations Plus 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

(0.60)

Dividend Share

0.24

Earnings Share

0.52

Revenue Per Share

2.642

Quarterly Revenue Growth

(0.036)

The market value of Simulations Plus is measured differently than its book value, which is the value of Simulations that is recorded on the company's balance sheet. Investors also form their own opinion of Simulations Plus' value that differs from its market value or its book value, called intrinsic value, which is Simulations Plus' 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 Simulations Plus' market value can be influenced by many factors that don't directly affect Simulations Plus' 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 Simulations Plus' value and its price as these two are different measures arrived at by different means. Investors typically determine Simulations Plus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simulations Plus' 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.

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Simulations Current Liabilities vs Current Assets Analysis

Current Liabilities vs Current Assets

Current Liabilities vs Current Assets Correlation Analysis

Correlation Coefficient

Current Liabilities

Current Assets

Simulations Plus fundamental ratios Correlations

Simulations Plus Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Current Assets	+ 1.0	Total Assets
Shareholders Equity	+ 1.0	Total Assets
Shareholders Equity	+ 1.0	Current Assets
Goodwill and Intangible Assets	+ 1.0	Assets Non Current
Investments Current	+ 1.0	Investments
Cash and Equivalents	+ 0.99	Current Assets

Investments Current	- 0.92	Debt Current
Investments	- 0.92	Debt Current
Property Plant and Equipment Net	- 0.87	Debt Current
Debt Non Current	- 0.8	Debt Current
Current Liabilities	- 0.78	Debt Current
Debt Current	- 0.76	Total Debt