Security Accounts Payable vs Good Will Analysis

SNFCA Stock  USD 7.86  0.07  0.90%   
Security National financial indicator trend analysis is much more than just breaking down Security National prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Security National is a good investment. Please check the relationship between Security National Accounts Payable and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Security National Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Security National Accounts Payable account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Security National's Accounts Payable and Good Will is 0.42. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Security National Financial, assuming nothing else is changed. The correlation between historical values of Security National's Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Security National Financial are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Security National's Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Security National obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Security National are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Security National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Security National 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 Security National Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Security National's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 182.7 M, whereas Selling General Administrative is forecasted to decline to about 75.3 M.
 2021 2022 2023 2024 (projected)
Total Revenue470.7M390.3M318.5M174.7M
Interest Expense7.1M7.8M4.9M3.8M

Security National fundamental ratios Correlations

0.790.970.540.930.040.42-0.540.951.00.720.55-0.050.640.090.010.52-0.66-0.59-0.050.670.90.760.880.710.02
0.790.650.90.59-0.120.57-0.530.60.820.410.09-0.470.33-0.10.160.78-0.59-0.61-0.080.810.730.820.50.670.18
0.970.650.380.990.10.42-0.60.990.940.720.660.160.61-0.02-0.050.36-0.71-0.64-0.080.570.890.660.940.58-0.04
0.540.90.380.31-0.320.47-0.280.310.580.12-0.13-0.580.12-0.190.340.8-0.33-0.4-0.030.810.380.640.230.440.36
0.930.590.990.310.120.41-0.630.980.90.70.660.230.6-0.1-0.070.28-0.72-0.66-0.090.520.870.620.950.5-0.06
0.04-0.120.1-0.320.12-0.16-0.420.050.020.130.080.130.07-0.07-1.0-0.1-0.34-0.19-0.370.070.190.220.08-0.14-1.0
0.420.570.420.470.41-0.16-0.370.420.420.320.1-0.130.24-0.140.190.42-0.38-0.470.210.410.440.380.470.420.19
-0.54-0.53-0.6-0.28-0.63-0.42-0.37-0.56-0.52-0.19-0.35-0.170.010.460.39-0.120.960.970.51-0.38-0.73-0.63-0.53-0.070.38
0.950.60.990.310.980.050.42-0.560.920.710.710.220.610.040.00.28-0.67-0.60.00.460.890.590.960.60.01
1.00.820.940.580.90.020.42-0.520.920.710.51-0.120.640.120.030.56-0.63-0.57-0.030.690.890.780.850.730.04
0.720.410.720.120.70.130.32-0.190.710.710.42-0.040.860.39-0.10.33-0.3-0.180.010.420.620.550.690.75-0.09
0.550.090.66-0.130.660.080.1-0.350.710.510.420.750.170.13-0.06-0.15-0.54-0.37-0.22-0.020.550.030.70.22-0.07
-0.05-0.470.16-0.580.230.13-0.13-0.170.22-0.12-0.040.75-0.24-0.16-0.13-0.65-0.25-0.15-0.21-0.490.02-0.480.28-0.36-0.15
0.640.330.610.120.60.070.240.010.610.640.860.17-0.240.42-0.040.33-0.030.010.30.420.470.520.60.65-0.03
0.09-0.1-0.02-0.19-0.1-0.07-0.140.460.040.120.390.13-0.160.420.060.030.330.470.2-0.190.06-0.040.00.420.06
0.010.16-0.050.34-0.07-1.00.190.390.00.03-0.1-0.06-0.13-0.040.060.120.310.160.37-0.04-0.15-0.18-0.040.171.0
0.520.780.360.80.28-0.10.42-0.120.280.560.33-0.15-0.650.330.030.12-0.19-0.160.030.890.390.570.250.530.13
-0.66-0.59-0.71-0.33-0.72-0.34-0.380.96-0.67-0.63-0.3-0.54-0.25-0.030.330.31-0.190.950.54-0.41-0.82-0.6-0.62-0.20.3
-0.59-0.61-0.64-0.4-0.66-0.19-0.470.97-0.6-0.57-0.18-0.37-0.150.010.470.16-0.160.950.45-0.4-0.75-0.62-0.56-0.130.15
-0.05-0.08-0.08-0.03-0.09-0.370.210.510.0-0.030.01-0.22-0.210.30.20.370.030.540.45-0.1-0.16-0.190.040.260.36
0.670.810.570.810.520.070.41-0.380.460.690.42-0.02-0.490.42-0.19-0.040.89-0.41-0.4-0.10.50.750.420.43-0.02
0.90.730.890.380.870.190.44-0.730.890.890.620.550.020.470.06-0.150.39-0.82-0.75-0.160.50.720.810.63-0.14
0.760.820.660.640.620.220.38-0.630.590.780.550.03-0.480.52-0.04-0.180.57-0.6-0.62-0.190.750.720.530.57-0.15
0.880.50.940.230.950.080.47-0.530.960.850.690.70.280.60.0-0.040.25-0.62-0.560.040.420.810.530.51-0.03
0.710.670.580.440.5-0.140.42-0.070.60.730.750.22-0.360.650.420.170.53-0.2-0.130.260.430.630.570.510.18
0.020.18-0.040.36-0.06-1.00.190.380.010.04-0.09-0.07-0.15-0.030.061.00.130.30.150.36-0.02-0.14-0.15-0.030.18
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Security National Account Relationship Matchups

Security National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.5B1.5B1.5B1.4B1.5B
Short Long Term Debt Total217.6M297.8M251.3M161.7M112.4M59.1M
Total Stockholder Equity196.7M264.0M299.8M292.8M312.9M328.5M
Net Debt89.8M191.6M119.9M40.8M(14.5M)(13.8M)
Retained Earnings101.3M153.7M184.5M202.2M207.0M217.3M
Other Assets399.1M745.4M752.2M939.9M845.9M888.2M
Common Stock Shares Outstanding21.6M22.3M23.1M21.9M22.7M20.3M
Liabilities And Stockholders Equity1.3B1.5B1.5B1.5B1.4B1.5B
Non Current Liabilities Total228.9M309.7M264.5M1.1B1.0B969.2M
Other Stockholder Equity44.5M48.5M56.1M60.4M66.8M70.1M
Total Liab1.1B1.3B1.2B1.2B1.1B1.2B
Property Plant And Equipment Net24.1M21.2M30.5M29.7M34.7M20.4M
Non Current Assets Total419.3M376.2M371.6M25.8M1.3B1.3B
Non Currrent Assets Other(419.3M)(376.2M)(371.6M)(382.7M)290.3M304.9M
Net Receivables25.0M26.5M33.2M43.6M30.2M26.2M
Property Plant And Equipment Gross18.0M16.9M24.1M12.5M14.3M18.7M
Total Current Assets516.0M427.3M423.8M495.4M152.4M144.8M
Intangible Assets28.4M45.5M65.0M16.1M6.5M6.1M
Other Current Liab(12.6B)(13.1B)(14.5B)(38.8M)(18.2B)(17.3B)
Total Current Liabilities6.3M10.2M11.4M52.3M82.6M78.5M
Short Term Debt88.4M47.3M1.3M69.5M12.7M12.1M
Accounts Payable5.1M8.9M10.2M5.4M2.9M3.0M
Cash127.8M106.2M131.4M120.9M126.9M133.3M
Cash And Short Term Investments491.0M400.9M390.6M466.8M163.4M101.5M
Common Stock Total Equity33.2M35.0M37.2M33.2M38.2M21.4M
Short Term Investments363.2M294.7M259.3M345.9M36.4M34.6M
Accumulated Other Comprehensive Income13.7M23.2M18.1M(13.1M)(6.9M)(6.5M)
Common Stock37.2M38.6M41.0M43.3M46.0M24.3M
Other Current Assets246.7M151.3M156.1M159.8M152.4M160.1M
Other Liab891.3M938.3M961.3M966.6M1.1B1.2B
Long Term Debt217.6M296.5M250.0M161.7M97.8M80.0M
Inventory(246.7M)(151.3M)(156.1M)(174.8M)(193.6M)(183.9M)
Treasury Stock(931.1K)(206.4K)(1.6M)(1.8M)(2.1M)(2.2M)
Property Plant Equipment14.6M24.1M34.0M30.6M35.2M43.7M
Current Deferred Revenue12.6B13.1B14.5B16.2M18.2B9.4B
Net Tangible Assets193.2M259.2M290.9M284.3M326.9M174.3M
Retained Earnings Total Equity77.5M95.2M101.3M153.7M176.8M185.6M
Long Term Debt Total157.5M187.5M217.6M297.8M342.5M359.6M

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When determining whether Security National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Security National'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 Security National Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Security National Financial Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Security National Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Security National information on this page should be used as a complementary analysis to other Security National'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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Is Security National'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 Security National. If investors know Security 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 Security National 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
5.933
Earnings Share
0.92
Revenue Per Share
14.484
Quarterly Revenue Growth
0.021
Return On Assets
0.0125
The market value of Security National is measured differently than its book value, which is the value of Security that is recorded on the company's balance sheet. Investors also form their own opinion of Security National's value that differs from its market value or its book value, called intrinsic value, which is Security National'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 Security National's market value can be influenced by many factors that don't directly affect Security National'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 Security National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Security National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Security National'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.