Simulations Total Liabilities vs Total 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 Total Liabilities and its Total Assets accounts. Additionally, take a look at World Market Map.

Total Liabilities vs Total Assets

Total Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simulations Plus Total Liabilities account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Simulations Plus' Total Liabilities and Total Assets is 0.69. Overlapping area represents the amount of variation of Total Liabilities that can explain the historical movement of Total 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' Total Liabilities and Total 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 Total Liabilities of Simulations Plus are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liabilities i.e., Simulations Plus' Total Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liabilities

Deferred Income Tax is recorded on Simulations Plus balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Simulations Plus books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; Deferred Revenue; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.

Total Assets

Total assets refers to the total amount of Simulations Plus assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Simulations Plus books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.
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 Income9.78 M12.48 M14.36 M11.38 M
Direct Expenses10.6 M10.82 M9.74 M10.51 M

Simulations Plus fundamental ratios Correlations

0.06-0.030.220.25-0.020.290.35-0.290.30.330.24-0.030.360.36-0.17-0.01-0.27-0.390.180.220.32-0.31
0.060.510.930.910.960.870.79-0.660.810.790.920.950.770.770.80.920.12-0.030.90.950.81-0.05
-0.030.510.390.360.520.290.09-0.350.150.010.360.520.210.210.670.570.360.460.450.340.040.09
0.220.930.391.00.90.980.88-0.730.890.821.00.890.870.870.690.860.01-0.230.950.940.9-0.21
0.250.910.361.00.870.990.89-0.730.90.811.00.850.870.870.630.84-0.06-0.290.950.920.91-0.28
-0.020.960.520.90.870.830.74-0.60.760.740.891.00.720.720.890.910.290.090.850.920.740.12
0.290.870.290.980.990.830.87-0.640.860.830.990.820.820.820.570.77-0.07-0.40.890.920.92-0.31
0.350.790.090.880.890.740.87-0.760.990.920.890.730.950.950.480.76-0.2-0.270.870.870.9-0.29
-0.29-0.66-0.35-0.73-0.73-0.6-0.64-0.76-0.8-0.53-0.73-0.58-0.92-0.92-0.52-0.780.16-0.04-0.87-0.63-0.650.21
0.30.810.150.890.90.760.860.99-0.80.880.90.740.960.960.510.81-0.21-0.220.910.850.89-0.31
0.330.790.010.820.810.740.830.92-0.530.880.820.730.80.80.470.65-0.07-0.290.710.910.87-0.12
0.240.920.361.01.00.890.990.89-0.730.90.820.880.870.870.660.85-0.03-0.270.950.940.91-0.24
-0.030.950.520.890.851.00.820.73-0.580.740.730.880.70.70.90.890.320.10.830.910.730.15
0.360.770.210.870.870.720.820.95-0.920.960.80.870.71.00.530.81-0.19-0.140.920.810.84-0.26
0.360.770.210.870.870.720.820.95-0.920.960.80.870.71.00.530.81-0.19-0.140.920.810.84-0.26
-0.170.80.670.690.630.890.570.48-0.520.510.470.660.90.530.530.790.610.490.680.710.450.45
-0.010.920.570.860.840.910.770.76-0.780.810.650.850.890.810.810.790.00.120.930.830.69-0.1
-0.270.120.360.01-0.060.29-0.07-0.20.16-0.21-0.07-0.030.32-0.19-0.190.610.00.65-0.090.09-0.150.86
-0.39-0.030.46-0.23-0.290.09-0.4-0.27-0.04-0.22-0.29-0.270.1-0.14-0.140.490.120.65-0.1-0.17-0.430.72
0.180.90.450.950.950.850.890.87-0.870.910.710.950.830.920.920.680.93-0.09-0.10.850.82-0.24
0.220.950.340.940.920.920.920.87-0.630.850.910.940.910.810.810.710.830.09-0.170.850.88-0.07
0.320.810.040.90.910.740.920.9-0.650.890.870.910.730.840.840.450.69-0.15-0.430.820.88-0.31
-0.31-0.050.09-0.21-0.280.12-0.31-0.290.21-0.31-0.12-0.240.15-0.26-0.260.45-0.10.860.72-0.24-0.07-0.31
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Simulations Plus Account Relationship Matchups

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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.