Stepstone Asset Turnover vs Total Current Liabilities Analysis
STEP Stock | USD 36.93 0.40 1.09% |
Stepstone financial indicator trend analysis is much more than just breaking down Stepstone Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stepstone Group is a good investment. Please check the relationship between Stepstone Asset Turnover and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stepstone Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Asset Turnover vs Total Current Liabilities
Asset Turnover vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stepstone Group Asset Turnover account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Stepstone's Asset Turnover and Total Current Liabilities is -0.77. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Stepstone Group, assuming nothing else is changed. The correlation between historical values of Stepstone's Asset Turnover and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Stepstone Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Asset Turnover i.e., Stepstone's Asset Turnover and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Total Current Liabilities
Total Current Liabilities is an item on Stepstone balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Stepstone Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Stepstone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stepstone Group 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 Stepstone Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Stepstone's Selling General Administrative is relatively stable compared to the past year. As of 05/05/2024, Enterprise Value Over EBITDA is likely to grow to about 376.3 K, while Enterprise Value is likely to drop slightly above 1.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 27.0M | 47.4M | 54.6M | 57.3M | Interest Income | 337K | 1.9M | 2.2M | 2.3M |
Stepstone fundamental ratios Correlations
Click cells to compare fundamentals
Stepstone Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stepstone fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 680.8M | 1.3B | 4.2B | 3.5B | 4.0B | 4.2B | |
Other Current Liab | 220.6M | 579.1M | 2.1B | 1.3B | 1.6B | 830.5M | |
Total Current Liabilities | 277.5M | 626.9M | 2.3B | 1.6B | 1.8B | 930.7M | |
Total Stockholder Equity | 178K | 249.4M | 817.6M | 771.6M | 887.3M | 931.7M | |
Other Liab | 11.3M | 9.7M | 124.6M | 199.4M | 229.3M | 240.7M | |
Net Tangible Assets | 200.6M | 237.1M | 845.7M | (139.1M) | (160.0M) | (152.0M) | |
Property Plant And Equipment Net | (732K) | 10.2M | 61.1M | 101.1M | 116.3M | 122.1M | |
Net Debt | 53.2M | (179.9M) | 17.5M | 91.0M | 104.7M | 109.9M | |
Accounts Payable | 36.2M | 47.7M | 80.5M | 89.4M | 102.8M | 56.3M | |
Cash | 89.9M | 179.9M | 116.4M | 128.6M | 147.8M | 120.8M | |
Non Current Assets Total | 95.2M | 200.8M | 2.5B | 2.0B | 2.3B | 2.5B | |
Non Currrent Assets Other | 26.2M | 14.5M | 27.4M | 44.8M | 51.6M | 54.1M | |
Other Assets | 11.0M | 15.3M | 103.9M | 1K | 1.2K | 1.1K | |
Cash And Short Term Investments | 89.9M | 179.9M | 116.4M | 128.6M | 147.8M | 120.8M | |
Net Receivables | 495.6M | 936.1M | 1.5B | 1.3B | 1.5B | 900.0M | |
Common Stock Shares Outstanding | 29.2M | 38.4M | 53.6M | 61.9M | 71.2M | 43.3M | |
Non Current Liabilities Total | 166.3M | 34.2M | 110.9M | 311.3M | 358.0M | 375.9M | |
Other Current Assets | (124.8M) | (223.4M) | 1.1M | (228.3M) | (205.5M) | (195.2M) | |
Other Stockholder Equity | (216.1M) | 188.8M | 587.2M | 610.6M | 702.2M | 737.3M | |
Total Liab | 443.9M | 661.1M | 2.4B | 1.9B | 2.1B | 1.1B | |
Total Current Assets | 585.6M | 1.1B | 1.7B | 1.5B | 1.7B | 1.0B | |
Intangible Assets | 8.8M | 5.5M | 398.1M | 354.6M | 407.8M | 428.2M | |
Common Stock | 128.4M | 216.1M | 95K | 109K | 98.1K | 93.2K | |
Property Plant Equipment | 7.2M | 11.0M | 10.2M | 61.1M | 70.2M | 73.7M | |
Liabilities And Stockholders Equity | 464.6M | 1.3B | 4.2B | 3.5B | 4.0B | 2.2B | |
Net Invested Capital | 359.4M | 249.4M | 880.5M | 869.9M | 1.0B | 579.0M | |
Long Term Investments | 514.2M | 970.9M | 1.4B | 30.6M | 35.2M | 33.4M | |
Accumulated Other Comprehensive Income | 178K | 155K | 658K | 461K | 530.2K | 381.7K | |
Net Working Capital | (152.8M) | (403.4M) | (601.4M) | (101.9M) | (91.7M) | (96.3M) |
Currently Active Assets on Macroaxis
When determining whether Stepstone Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Stepstone Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Stepstone Group Stock. Highlighted below are key reports to facilitate an investment decision about Stepstone Group Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stepstone Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Stepstone Group information on this page should be used as a complementary analysis to other Stepstone'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Stepstone Stock analysis
When running Stepstone's price analysis, check to measure Stepstone's 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 Stepstone is operating at the current time. Most of Stepstone's value examination focuses on studying past and present price action to predict the probability of Stepstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stepstone's price. Additionally, you may evaluate how the addition of Stepstone to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
CEOs Directory Screen CEOs from public companies around the world | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
Is Stepstone'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 Stepstone. If investors know Stepstone 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 Stepstone 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 (0.36) | Dividend Share 0.82 | Earnings Share 0.9 | Revenue Per Share 8.35 | Quarterly Revenue Growth (0.53) |
The market value of Stepstone Group is measured differently than its book value, which is the value of Stepstone that is recorded on the company's balance sheet. Investors also form their own opinion of Stepstone's value that differs from its market value or its book value, called intrinsic value, which is Stepstone'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 Stepstone's market value can be influenced by many factors that don't directly affect Stepstone'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 Stepstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stepstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stepstone'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.