State Total Operating Expenses vs Depreciation And Amortization Analysis

STT Stock  USD 73.39  0.10  0.14%   
State Street financial indicator trend analysis is much more than just breaking down State Street Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether State Street Corp is a good investment. Please check the relationship between State Street Total Operating Expenses and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street 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 estimate.

Total Operating Expenses vs Depreciation And Amortization

Total Operating Expenses vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Street Corp Total Operating Expenses account and Depreciation And Amortization. At this time, the significance of the direction appears to have no relationship.
The correlation between State Street's Total Operating Expenses and Depreciation And Amortization is 0.06. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of State Street Corp, assuming nothing else is changed. The correlation between historical values of State Street's Total Operating Expenses and Depreciation And Amortization 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 Operating Expenses of State Street Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Operating Expenses i.e., State Street's Total Operating Expenses and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from State Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into State Street 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 State Street 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 estimate.
Sales General And Administrative To Revenue is likely to gain to 0.45 in 2024, whereas Selling General Administrative is likely to drop slightly above 3 B in 2024.
 2021 2022 2023 2024 (projected)
Operating Income3.2B4.8B2.3B2.5B
Other Operating Expenses8.9B8.8B426M404.7M

State Street fundamental ratios Correlations

0.150.090.680.680.170.00.06-0.27-0.040.410.17-0.270.4-0.23-0.280.840.140.210.47-0.340.390.390.740.05-0.21
0.150.630.060.070.970.58-0.870.650.840.420.030.050.630.40.110.01.00.660.250.310.880.87-0.070.160.9
0.090.63-0.19-0.180.560.95-0.710.870.82-0.1-0.470.690.150.890.67-0.390.640.330.520.720.770.78-0.22-0.080.7
0.680.06-0.191.00.11-0.210.2-0.44-0.230.770.71-0.380.44-0.41-0.530.730.06-0.230.2-0.640.240.240.64-0.21-0.2
0.680.07-0.181.00.12-0.210.2-0.43-0.220.770.7-0.380.44-0.4-0.530.730.06-0.230.22-0.640.250.240.64-0.22-0.2
0.170.970.560.110.120.55-0.790.620.750.520.14-0.040.620.360.00.040.960.640.160.220.880.87-0.110.170.86
0.00.580.95-0.21-0.210.55-0.640.910.75-0.09-0.430.720.090.960.66-0.490.580.250.350.760.760.77-0.32-0.040.71
0.06-0.87-0.710.20.2-0.79-0.64-0.78-0.99-0.230.1-0.19-0.55-0.53-0.270.27-0.87-0.71-0.13-0.51-0.68-0.680.27-0.22-0.84
-0.270.650.87-0.44-0.430.620.91-0.780.85-0.12-0.410.640.130.90.66-0.650.650.390.090.820.650.65-0.550.040.83
-0.040.840.82-0.23-0.220.750.75-0.990.850.16-0.20.330.480.650.39-0.330.840.660.210.60.720.72-0.280.170.84
0.410.42-0.10.770.770.52-0.09-0.23-0.120.160.89-0.590.74-0.31-0.690.520.410.22-0.12-0.570.40.40.30.00.2
0.170.03-0.470.710.70.14-0.430.1-0.41-0.20.89-0.70.47-0.56-0.810.440.02-0.09-0.36-0.76-0.04-0.040.21-0.07-0.11
-0.270.050.69-0.38-0.38-0.040.72-0.190.640.33-0.59-0.7-0.440.840.94-0.670.06-0.290.350.810.240.25-0.32-0.270.31
0.40.630.150.440.440.620.09-0.550.130.480.740.47-0.44-0.12-0.450.390.630.630.0-0.230.50.50.280.030.4
-0.230.40.89-0.41-0.40.360.96-0.530.90.65-0.31-0.560.84-0.120.77-0.690.40.110.290.850.560.57-0.47-0.070.62
-0.280.110.67-0.53-0.530.00.66-0.270.660.39-0.69-0.810.94-0.450.77-0.650.12-0.150.290.870.210.21-0.38-0.170.36
0.840.0-0.390.730.730.04-0.490.27-0.65-0.330.520.44-0.670.39-0.69-0.65-0.010.140.23-0.680.070.060.790.17-0.4
0.141.00.640.060.060.960.58-0.870.650.840.410.020.060.630.40.12-0.010.660.260.320.870.87-0.060.160.9
0.210.660.33-0.23-0.230.640.25-0.710.390.660.22-0.09-0.290.630.11-0.150.140.660.030.190.460.46-0.010.490.47
0.470.250.520.20.220.160.35-0.130.090.21-0.12-0.360.350.00.290.290.230.260.030.120.450.450.41-0.190.06
-0.340.310.72-0.64-0.640.220.76-0.510.820.6-0.57-0.760.81-0.230.850.87-0.680.320.190.120.330.34-0.480.220.53
0.390.880.770.240.250.880.76-0.680.650.720.4-0.040.240.50.560.210.070.870.460.450.331.00.050.030.77
0.390.870.780.240.240.870.77-0.680.650.720.4-0.040.250.50.570.210.060.870.460.450.341.00.050.030.77
0.74-0.07-0.220.640.64-0.11-0.320.27-0.55-0.280.30.21-0.320.28-0.47-0.380.79-0.06-0.010.41-0.480.050.05-0.02-0.4
0.050.16-0.08-0.21-0.220.17-0.04-0.220.040.170.0-0.07-0.270.03-0.07-0.170.170.160.49-0.190.220.030.03-0.020.0
-0.210.90.7-0.2-0.20.860.71-0.840.830.840.2-0.110.310.40.620.36-0.40.90.470.060.530.770.77-0.40.0
Click cells to compare fundamentals

State Street Account Relationship Matchups

State Street fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding373.7M357.1M358.0M370.1M326.6M396.2M
Total Assets245.6B314.7B314.6B301.5B297.3B155.4B
Short Long Term Debt Total13.3B17.8B13.6B17.1B21.5B22.6B
Other Current Liab(839M)(4.0B)(128M)3.3B(3.2B)(3.0B)
Total Current Liabilities839M4.0B128M5.4B2.7B2.5B
Total Stockholder Equity24.6B26.2B27.4B25.2B23.8B12.8B
Property Plant And Equipment Net2.3B2.2B2.3B2.3B3.2B3.4B
Net Debt(58.9B)(102.6B)(96.4B)(88.5B)(70.3B)(66.8B)
Retained Earnings22.1B23.4B25.2B27.0B28.0B29.4B
Cash72.3B120.4B110.0B105.6B91.8B96.4B
Non Current Assets Total108.4B123.8B128.3B51.9B11.3B10.8B
Non Currrent Assets Other(216M)(233M)(254M)(66.5B)(107.2B)(101.9B)
Other Assets7.9B8.4B(327M)144.5B233.5B245.2B
Cash And Short Term Investments126.1B179.5B183.4B101.6B48.6B68.4B
Net Receivables3.2B3.1B3.3B3.4B5.7B6.0B
Liabilities And Stockholders Equity245.6B314.7B314.6B301.5B297.3B155.4B
Non Current Liabilities Total12.5B13.8B13.5B270.8B270.8B284.3B
Other Stockholder Equity(77M)(404M)778M(606M)(4.3B)(4.1B)
Total Liab221.0B288.5B287.3B276.3B273.5B142.6B
Total Current Assets129.3B182.6B186.7B105.0B52.4B77.9B
Short Term Debt839M4.0B128M2.1B5.8B3.6B
Property Plant And Equipment Gross3.1B2.9B7.7B8.1B9.3B9.7B
Accumulated Other Comprehensive Income(876M)187M(1.1B)(3.7B)(2.4B)(2.2B)
Other Liab98M22M19M172M154.8M147.1M
Accounts Payable24.9B27.5B255.0B22.5B25.9B24.6B
Long Term Debt12.4B13.8B13.5B15.0B15.5B8.6B
Short Term Investments53.8B59.0B73.4B40.6B12.7B12.1B
Inventory(97.9B)(147.0B)(140.7B)(132.9B)(130.6B)(124.1B)
Treasury Stock(10.2B)(10.6B)(10.0B)(11.3B)(10.2B)(9.7B)
Property Plant Equipment2.3B2.2B2.3B2.3B2.7B1.9B
Good Will7.6B7.7B7.6B7.5B7.6B5.6B
Other Current Assets97.9B147.0B140.7B132.9B128.7B135.1B
Intangible Assets2.0B1.8B1.8B1.5B1.3B2.0B
Preferred Stock Total Equity3.7B3.0B2.5B2.0B2.3B2.0B
Retained Earnings Total Equity21.9B23.4B25.2B27.0B31.1B17.2B
Net Tangible Assets11.9B14.2B16.0B14.2B16.3B13.3B
Long Term Debt Total12.5B13.8B13.5B15.0B17.2B12.5B

State Street Investors Sentiment

The influence of State Street's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in State. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to State Street's public news can be used to forecast risks associated with an investment in State. The trend in average sentiment can be used to explain how an investor holding State can time the market purely based on public headlines and social activities around State Street Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
State Street's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for State Street's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average State Street's news discussions. The higher the estimated score, the more favorable is the investor's outlook on State Street.
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 State Street 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, State Street's short interest history, or implied volatility extrapolated from State Street options trading.

Currently Active Assets on Macroaxis

When determining whether State Street Corp 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 State 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 State Street Corp Stock. Highlighted below are key reports to facilitate an investment decision about State Street Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street 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 estimate.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running State Street's price analysis, check to measure State Street'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 State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.
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Is State Street'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 State Street. If investors know State 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 State Street 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
(0.1)
Dividend Share
2.7
Earnings Share
5.43
Revenue Per Share
38.242
Quarterly Revenue Growth
0.018
The market value of State Street Corp is measured differently than its book value, which is the value of State that is recorded on the company's balance sheet. Investors also form their own opinion of State Street's value that differs from its market value or its book value, called intrinsic value, which is State Street'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 State Street's market value can be influenced by many factors that don't directly affect State Street'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 State Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if State Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, State Street'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.