Stepstone Total Stockholder Equity vs Accounts Payable Analysis

STEP Stock  USD 37.97  0.29  0.76%   
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 Total Stockholder Equity and its Accounts Payable 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stepstone Group Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stepstone's Total Stockholder Equity and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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 Total Stockholder Equity 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 Total Stockholder Equity of Stepstone Group 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 Total Stockholder Equity i.e., Stepstone's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Stepstone 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 Stepstone Group 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 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 05/13/2024, 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 Amortization27.0M47.4M54.6M57.3M
Interest Income337K1.9M2.2M2.3M

Stepstone fundamental ratios Correlations

0.920.930.990.980.010.940.670.910.460.990.81-0.210.460.930.990.90.670.79-0.630.970.930.920.99-0.840.99
0.921.00.890.880.280.780.540.920.470.920.72-0.150.470.970.880.910.420.55-0.480.870.990.960.9-0.80.88
0.931.00.90.890.240.80.570.940.460.920.73-0.160.460.970.890.930.450.58-0.50.871.00.970.9-0.80.89
0.990.890.90.97-0.080.960.610.870.510.980.73-0.240.510.890.990.90.710.82-0.60.990.90.890.98-0.870.98
0.980.880.890.97-0.070.940.610.910.590.950.83-0.040.590.930.950.910.650.81-0.740.970.890.930.95-0.910.96
0.010.280.24-0.08-0.07-0.32-0.23-0.02-0.060.01-0.070.15-0.060.14-0.11-0.1-0.65-0.60.42-0.110.170.13-0.050.01-0.1
0.940.780.80.960.94-0.320.720.860.420.950.77-0.30.420.820.980.880.860.94-0.690.960.830.810.96-0.790.97
0.670.540.570.610.61-0.230.720.7-0.20.70.82-0.49-0.20.560.720.620.770.74-0.520.540.60.530.72-0.30.74
0.910.920.940.870.91-0.020.860.70.470.90.87-0.090.470.970.890.980.60.74-0.730.860.950.970.89-0.780.9
0.460.470.460.510.59-0.060.42-0.20.470.390.290.531.00.580.390.550.110.32-0.590.570.450.620.37-0.690.4
0.990.920.920.980.950.010.950.70.90.390.78-0.310.390.90.990.890.70.79-0.560.960.930.891.0-0.810.99
0.810.720.730.730.83-0.070.770.820.870.290.780.040.290.810.770.770.580.72-0.830.70.740.80.77-0.610.81
-0.21-0.15-0.16-0.24-0.040.15-0.3-0.49-0.090.53-0.310.040.530.0-0.34-0.12-0.54-0.29-0.33-0.17-0.210.04-0.35-0.17-0.3
0.460.470.460.510.59-0.060.42-0.20.471.00.390.290.530.580.390.550.110.32-0.590.570.450.620.37-0.690.4
0.930.970.970.890.930.140.820.560.970.580.90.810.00.580.870.960.470.64-0.670.880.971.00.88-0.840.89
0.990.880.890.990.95-0.110.980.720.890.390.990.77-0.340.390.870.890.780.85-0.60.970.90.871.0-0.81.0
0.90.910.930.90.91-0.10.880.620.980.550.890.77-0.120.550.960.890.640.77-0.70.890.950.960.89-0.810.9
0.670.420.450.710.65-0.650.860.770.60.110.70.58-0.540.110.470.780.640.95-0.560.690.510.460.75-0.420.77
0.790.550.580.820.81-0.60.940.740.740.320.790.72-0.290.320.640.850.770.95-0.750.820.630.640.82-0.650.85
-0.63-0.48-0.5-0.6-0.740.42-0.69-0.52-0.73-0.59-0.56-0.83-0.33-0.59-0.67-0.6-0.7-0.56-0.75-0.62-0.52-0.68-0.570.61-0.64
0.970.870.870.990.97-0.110.960.540.860.570.960.7-0.170.570.880.970.890.690.82-0.620.880.880.96-0.910.96
0.930.991.00.90.890.170.830.60.950.450.930.74-0.210.450.970.90.950.510.63-0.520.880.960.92-0.780.9
0.920.960.970.890.930.130.810.530.970.620.890.80.040.621.00.870.960.460.64-0.680.880.960.87-0.850.88
0.990.90.90.980.95-0.050.960.720.890.371.00.77-0.350.370.881.00.890.750.82-0.570.960.920.87-0.791.0
-0.84-0.8-0.8-0.87-0.910.01-0.79-0.3-0.78-0.69-0.81-0.61-0.17-0.69-0.84-0.8-0.81-0.42-0.650.61-0.91-0.78-0.85-0.79-0.79
0.990.880.890.980.96-0.10.970.740.90.40.990.81-0.30.40.891.00.90.770.85-0.640.960.90.881.0-0.79
Click cells to compare fundamentals

Stepstone Account Relationship Matchups

Stepstone fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets680.8M1.3B4.2B3.5B4.0B4.2B
Other Current Liab220.6M579.1M2.1B1.3B1.6B830.5M
Total Current Liabilities277.5M626.9M2.3B1.6B1.8B930.7M
Total Stockholder Equity178K249.4M817.6M771.6M887.3M931.7M
Other Liab11.3M9.7M124.6M199.4M229.3M240.7M
Net Tangible Assets200.6M237.1M845.7M(139.1M)(160.0M)(152.0M)
Property Plant And Equipment Net(732K)10.2M61.1M101.1M116.3M122.1M
Net Debt53.2M(179.9M)17.5M91.0M104.7M109.9M
Accounts Payable36.2M47.7M80.5M89.4M102.8M56.3M
Cash89.9M179.9M116.4M128.6M147.8M120.8M
Non Current Assets Total95.2M200.8M2.5B2.0B2.3B2.5B
Non Currrent Assets Other26.2M14.5M27.4M44.8M51.6M54.1M
Other Assets11.0M15.3M103.9M1K1.2K1.1K
Cash And Short Term Investments89.9M179.9M116.4M128.6M147.8M120.8M
Net Receivables495.6M936.1M1.5B1.3B1.5B900.0M
Common Stock Shares Outstanding29.2M38.4M53.6M61.9M71.2M43.3M
Non Current Liabilities Total166.3M34.2M110.9M311.3M358.0M375.9M
Other Current Assets(124.8M)(223.4M)1.1M(228.3M)(205.5M)(195.2M)
Other Stockholder Equity(216.1M)188.8M587.2M610.6M702.2M737.3M
Total Liab443.9M661.1M2.4B1.9B2.1B1.1B
Total Current Assets585.6M1.1B1.7B1.5B1.7B1.0B
Intangible Assets8.8M5.5M398.1M354.6M407.8M428.2M
Common Stock128.4M216.1M95K109K98.1K93.2K
Property Plant Equipment7.2M11.0M10.2M61.1M70.2M73.7M
Liabilities And Stockholders Equity464.6M1.3B4.2B3.5B4.0B2.2B
Net Invested Capital359.4M249.4M880.5M869.9M1.0B579.0M
Long Term Investments514.2M970.9M1.4B30.6M35.2M33.4M
Accumulated Other Comprehensive Income178K155K658K461K530.2K381.7K
Net Working Capital(152.8M)(403.4M)(601.4M)(101.9M)(91.7M)(96.3M)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Stepstone in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Stepstone's short interest history, or implied volatility extrapolated from Stepstone options trading.

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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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.