South Property Plant And Equipment Gross vs Accounts Payable Analysis

SSB Stock  USD 80.94  0.53  0.66%   
South State financial indicator trend analysis is much more than just breaking down South State Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether South State Corp is a good investment. Please check the relationship between South State Property Plant And Equipment Gross and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in South State 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 state.

Property Plant And Equipment Gross vs Accounts Payable

Property Plant And Equipment Gross vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of South State Corp Property Plant And Equipment Gross account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between South State's Property Plant And Equipment Gross and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of South State Corp, assuming nothing else is changed. The correlation between historical values of South State's Property Plant And Equipment Gross and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of South State Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Gross i.e., South State's Property Plant And Equipment Gross and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Gross

Accounts Payable

An accounting item on the balance sheet that represents South State 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 South State Corp 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.
Most indicators from South State's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into South State 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 South State 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 state.
At present, South State's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.48, whereas Tax Provision is forecasted to decline to about 81.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense51.6M61.4M491.8M516.4M
Depreciation And Amortization35.2M33.2M58.8M61.8M

South State fundamental ratios Correlations

0.660.530.990.97-0.30.930.380.59-0.760.950.940.990.990.990.670.990.07-0.450.990.350.260.771.00.680.99
0.660.130.710.71-0.110.70.290.43-0.480.60.650.660.670.680.540.65-0.090.170.660.150.20.430.640.420.66
0.530.130.470.59-0.450.250.470.71-0.170.380.650.440.480.5-0.050.520.09-0.30.530.550.590.720.470.560.56
0.990.710.470.98-0.30.940.390.59-0.750.960.940.990.991.00.680.980.13-0.430.990.310.270.750.990.690.97
0.970.710.590.98-0.410.860.510.71-0.640.90.980.970.960.970.550.960.16-0.350.980.30.430.840.960.750.95
-0.3-0.11-0.45-0.3-0.41-0.04-0.98-0.44-0.07-0.18-0.57-0.31-0.2-0.320.21-0.19-0.230.24-0.340.09-0.6-0.72-0.27-0.88-0.18
0.930.70.250.940.86-0.040.130.34-0.880.950.790.950.960.930.860.94-0.01-0.330.920.32-0.030.510.950.440.93
0.380.290.470.390.51-0.980.130.520.010.250.650.380.290.41-0.140.280.22-0.170.43-0.040.640.760.340.910.27
0.590.430.710.590.71-0.440.340.520.00.440.710.540.560.59-0.140.580.27-0.230.6-0.010.90.850.540.610.6
-0.76-0.48-0.17-0.75-0.64-0.07-0.880.010.0-0.82-0.6-0.78-0.79-0.76-0.94-0.770.090.39-0.75-0.560.38-0.24-0.79-0.28-0.77
0.950.60.380.960.9-0.180.950.250.44-0.820.850.960.970.960.780.940.18-0.490.950.350.10.60.960.570.94
0.940.650.650.940.98-0.570.790.650.71-0.60.850.930.90.950.470.90.13-0.410.950.310.470.90.920.860.9
0.990.660.440.990.97-0.310.950.380.54-0.780.960.930.990.990.710.980.12-0.440.990.30.220.730.990.680.97
0.990.670.480.990.96-0.20.960.290.56-0.790.970.90.990.980.720.990.1-0.410.980.360.210.690.990.60.99
0.990.680.51.00.97-0.320.930.410.59-0.760.960.950.990.980.680.970.14-0.471.00.360.270.750.990.710.97
0.670.54-0.050.680.550.210.86-0.14-0.14-0.940.780.470.710.720.680.68-0.03-0.220.660.48-0.50.050.70.150.67
0.990.650.520.980.96-0.190.940.280.58-0.770.940.90.980.990.970.680.02-0.420.980.360.220.720.990.580.99
0.07-0.090.090.130.16-0.23-0.010.220.270.090.180.130.120.10.14-0.030.02-0.190.160.00.330.110.030.270.04
-0.450.17-0.3-0.43-0.350.24-0.33-0.17-0.230.39-0.49-0.41-0.44-0.41-0.47-0.22-0.42-0.19-0.44-0.18-0.09-0.43-0.46-0.43-0.42
0.990.660.530.990.98-0.340.920.430.6-0.750.950.950.990.981.00.660.980.16-0.440.350.290.770.990.710.97
0.350.150.550.310.30.090.32-0.04-0.01-0.560.350.310.30.360.360.480.360.0-0.180.35-0.240.060.320.120.41
0.260.20.590.270.43-0.6-0.030.640.90.380.10.470.220.210.27-0.50.220.33-0.090.29-0.240.750.20.590.24
0.770.430.720.750.84-0.720.510.760.85-0.240.60.90.730.690.750.050.720.11-0.430.770.060.750.730.880.71
1.00.640.470.990.96-0.270.950.340.54-0.790.960.920.990.990.990.70.990.03-0.460.990.320.20.730.640.98
0.680.420.560.690.75-0.880.440.910.61-0.280.570.860.680.60.710.150.580.27-0.430.710.120.590.880.640.57
0.990.660.560.970.95-0.180.930.270.6-0.770.940.90.970.990.970.670.990.04-0.420.970.410.240.710.980.57
Click cells to compare fundamentals

South State Account Relationship Matchups

South State fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.9B37.8B42.0B43.9B44.9B47.1B
Short Long Term Debt Total815.9M390.2M327.1M392.3M481.6M505.7M
Total Current Liabilities150M700M31.1B35.8B36.6B95M
Total Stockholder Equity2.4B4.6B4.8B5.1B5.5B5.8B
Property Plant And Equipment Net317.3M579.2M558.5M520.6M519.2M545.2M
Net Debt127.2M(4.2B)(149.6M)(156.1M)(280.8M)(294.9M)
Retained Earnings679.9M657.5M997.7M1.3B1.7B1.8B
Cash688.7M4.6B476.7M548.4M762.4M397.4M
Non Current Assets Total3.4B6.8B9.6B2.7B2.7B1.6B
Non Currrent Assets Other(31.3M)(110.9M)(65.0M)(8.3B)(7.6B)(7.2B)
Other Assets9.9B23.0B26.7B35.3B36.9B38.8B
Cash And Short Term Investments2.6B7.9B5.7B5.9B5.3B5.6B
Common Stock Total Equity84.4M177.4M173.3M189.3M217.7M228.5M
Common Stock Shares Outstanding34.8M55.1M70.9M75.2M76.5M80.3M
Liabilities And Stockholders Equity15.9B37.8B42.0B43.9B44.9B47.1B
Other Stockholder Equity1.6B3.8B3.7B4.2B4.2B4.5B
Total Liab13.5B390.2M327.1M38.8B39.4B41.3B
Property Plant And Equipment Gross317.3M579.2M844.0M819.3M844.0M886.2M
Total Current Assets2.6B7.9B5.7B5.9B5.3B3.9B
Accumulated Other Comprehensive Income1.0M47.6M(21.1M)(677.1M)(582.5M)(553.4M)
Common Stock84.4M177.4M173.3M189.3M190.1M199.6M
Non Current Liabilities Total815.9M390.2M327.1M38.8B381.6M362.5M
Other Current Assets9.9B26.6B26.7B364.0M418.6M397.7M
Other Liab137.0M1.3B994.0M392.0M450.8M473.3M
Accounts Payable12.2B30.7B35.1B36.4B41.8B43.9B
Long Term Debt105.6M1.2B327.1M392.3M381.6M400.7M
Short Term Investments2.0B3.3B5.2B5.3B4.8B5.0B
Inventory6.9M12.3M3.5M1.2M1.1M997.8K
Intangible Assets80.3M206.4M193.7M203.1M173.9M90.0M
Property Plant Equipment317.3M579.2M558.5M520.6M598.7M628.7M
Net Receivables1.3M10.5B24.7B29.8B34.3B36.0B
Other Current Liab(700M)31.1B35.4B36.6B(100M)(95M)
Net Tangible Assets1.3B2.9B3.1B3.0B3.5B3.7B
Long Term Debt Total115.9M1.2B410.1M1.0B1.2B1.2B
Capital Surpluse1.6B3.8B3.7B4.2B4.8B5.1B
Long Term Investments2.0B34.2B7.3B8.2B7.5B7.6B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether South State Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South State'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 South State Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South State Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in South State 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 state.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is South State'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 South State. If investors know South 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 South State 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
(0.18)
Dividend Share
2.06
Earnings Share
6.13
Revenue Per Share
21.125
Quarterly Revenue Growth
(0.04)
The market value of South State Corp is measured differently than its book value, which is the value of South that is recorded on the company's balance sheet. Investors also form their own opinion of South State's value that differs from its market value or its book value, called intrinsic value, which is South State'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 South State's market value can be influenced by many factors that don't directly affect South State'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 South State's value and its price as these two are different measures arrived at by different means. Investors typically determine if South State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South State'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.