Standex Cash And Short Term Investments vs Good Will Analysis

SXI Stock  USD 172.81  1.21  0.71%   
Standex International financial indicator trend analysis is much more than just breaking down Standex International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standex International is a good investment. Please check the relationship between Standex International Cash And Short Term Investments and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standex International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Standex Stock please use our How to Invest in Standex International guide.

Cash And Short Term Investments vs Good Will

Cash And Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standex International Cash And Short Term Investments account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Standex International's Cash And Short Term Investments and Good Will is 0.8. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Standex International, assuming nothing else is changed. The correlation between historical values of Standex International's Cash And Short Term Investments 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 Cash And Short Term Investments of Standex International 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 Cash And Short Term Investments i.e., Standex International's Cash And Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Standex International balance sheet. This account contains Standex International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Standex International fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Standex International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standex International 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 Standex International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Standex Stock please use our How to Invest in Standex International guide.As of now, Standex International's Sales General And Administrative To Revenue is increasing as compared to previous years. The Standex International's current Enterprise Value is estimated to increase to about 962.4 M, while Selling General Administrative is projected to decrease to under 167.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit269.9M285.1M327.9M225.4M
Total Revenue735.3M741.0M852.2M670.2M

Standex International fundamental ratios Correlations

0.81-0.430.630.970.810.30.970.90.970.680.90.74-0.670.780.540.78-0.70.790.810.92-0.130.70.360.98-0.57
0.81-0.170.590.70.960.70.70.570.90.490.570.7-0.450.970.420.49-0.540.940.960.58-0.120.930.30.88-0.09
-0.43-0.170.06-0.58-0.260.35-0.51-0.68-0.290.02-0.68-0.080.08-0.030.02-0.690.11-0.01-0.26-0.590.340.070.2-0.30.59
0.630.590.060.540.60.210.610.450.630.70.450.97-0.840.690.690.22-0.830.80.60.560.230.640.910.660.02
0.970.7-0.580.540.740.110.990.960.90.560.960.65-0.610.640.480.88-0.650.650.740.97-0.180.540.270.91-0.68
0.810.96-0.260.60.740.560.730.620.870.40.620.7-0.490.920.360.56-0.580.91.00.61-0.160.860.270.86-0.11
0.30.70.350.210.110.560.11-0.110.510.34-0.110.26-0.010.690.11-0.06-0.10.620.56-0.06-0.030.790.070.460.26
0.970.7-0.510.610.990.730.110.940.90.610.940.71-0.720.660.470.85-0.750.680.730.96-0.170.550.340.92-0.64
0.90.57-0.680.450.960.62-0.110.940.770.461.00.56-0.580.510.450.86-0.60.530.620.98-0.170.370.210.8-0.71
0.970.9-0.290.630.90.870.510.90.770.70.770.73-0.630.880.460.67-0.690.870.870.8-0.140.830.341.0-0.43
0.680.490.020.70.560.40.340.610.460.70.460.7-0.740.550.550.22-0.690.620.40.560.330.540.640.71-0.33
0.90.57-0.680.450.960.62-0.110.941.00.770.460.56-0.580.510.450.86-0.60.530.620.98-0.170.370.210.8-0.71
0.740.7-0.080.970.650.70.260.710.560.730.70.56-0.830.760.660.39-0.830.860.70.660.210.70.820.76-0.09
-0.67-0.450.08-0.84-0.61-0.49-0.01-0.72-0.58-0.63-0.74-0.58-0.83-0.54-0.39-0.380.98-0.64-0.49-0.64-0.08-0.44-0.71-0.670.21
0.780.97-0.030.690.640.920.690.660.510.880.550.510.76-0.540.450.37-0.610.990.920.54-0.050.960.420.860.0
0.540.420.020.690.480.360.110.470.450.460.550.450.66-0.390.450.18-0.340.530.360.580.40.40.720.49-0.23
0.780.49-0.690.220.880.56-0.060.850.860.670.220.860.39-0.380.370.18-0.440.360.560.84-0.330.27-0.070.69-0.73
-0.7-0.540.11-0.83-0.65-0.58-0.1-0.75-0.6-0.69-0.69-0.6-0.830.98-0.61-0.34-0.44-0.7-0.58-0.650.0-0.51-0.65-0.720.15
0.790.94-0.010.80.650.90.620.680.530.870.620.530.86-0.640.990.530.36-0.70.90.570.010.940.560.870.0
0.810.96-0.260.60.741.00.560.730.620.870.40.620.7-0.490.920.360.56-0.580.90.61-0.160.860.270.86-0.11
0.920.58-0.590.560.970.61-0.060.960.980.80.560.980.66-0.640.540.580.84-0.650.570.61-0.10.410.350.83-0.72
-0.13-0.120.340.23-0.18-0.16-0.03-0.17-0.17-0.140.33-0.170.21-0.08-0.050.4-0.330.00.01-0.16-0.1-0.060.34-0.130.17
0.70.930.070.640.540.860.790.550.370.830.540.370.7-0.440.960.40.27-0.510.940.860.41-0.060.410.820.07
0.360.30.20.910.270.270.070.340.210.340.640.210.82-0.710.420.72-0.07-0.650.560.270.350.340.410.390.12
0.980.88-0.30.660.910.860.460.920.81.00.710.80.76-0.670.860.490.69-0.720.870.860.83-0.130.820.39-0.44
-0.57-0.090.590.02-0.68-0.110.26-0.64-0.71-0.43-0.33-0.71-0.090.210.0-0.23-0.730.150.0-0.11-0.720.170.070.12-0.44
Click cells to compare fundamentals

Standex International Account Relationship Matchups

Standex International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets930.9M962.2M934.4M1.0B1.2B1.2B
Short Long Term Debt Total235.4M228.5M214.1M199.2M229.1M133.8M
Other Current Liab68.0M4.3M68.3M1.7M2.0M1.9M
Total Current Liabilities122.9M143.7M150.8M141.0M162.1M116.2M
Total Stockholder Equity461.6M506.4M499.3M607.4M698.6M733.5M
Property Plant And Equipment Net177.3M170.6M167.7M164.2M188.8M119.4M
Net Debt116.6M92.2M109.2M3.5M3.2M3.0M
Retained Earnings827.7M852.5M901.4M1.0B1.2B1.2B
Cash118.8M136.4M104.8M195.7M225.1M236.3M
Non Current Assets Total598.9M587.9M555.4M541.7M622.9M654.1M
Non Currrent Assets Other24.5M27.4M22.9M18.7M21.5M30.8M
Cash And Short Term Investments118.8M136.4M104.8M195.7M225.1M236.3M
Net Receivables106.4M122.6M123.6M124.3M142.9M105.4M
Common Stock Shares Outstanding12.4M12.3M12.1M12.0M10.8M11.7M
Liabilities And Stockholders Equity930.9M962.2M934.4M1.0B1.2B1.2B
Non Current Liabilities Total346.4M312.1M284.3M276.5M318.0M177.9M
Inventory85.0M91.9M105.3M98.5M113.3M105.2M
Other Current Assets21.8M23.5M45.2M64.7M74.4M78.2M
Other Stockholder Equity(260.3M)(271.9M)(290.7M)(303.3M)(273.0M)(259.3M)
Total Liab469.2M455.8M435.1M417.5M480.1M294.0M
Property Plant And Equipment Gross177.3M170.6M167.7M164.2M188.8M119.4M
Total Current Assets332.0M374.4M379.0M483.3M555.7M583.5M
Accumulated Other Comprehensive Income(147.7M)(116.1M)(153.3M)(158.5M)(142.6M)(135.5M)
Short Term Debt8.0M7.9M7.9M8.0M9.2M8.8M
Intangible Assets106.4M98.9M85.8M75.7M87.0M45.6M
Accounts Payable54.9M74.8M74.5M68.6M78.9M59.9M
Good Will271.2M278.1M267.9M264.8M304.5M319.8M
Other Liab110.9M83.6M78.1M77.3M88.9M63.4M
Other Assets41.8M40.2M34.1M37.0M33.3M31.9M
Long Term Debt199.2M199.5M174.8M173.4M199.5M133.6M
Treasury Stock(324.2M)(333.1M)(352.7M)(381.9M)(343.7M)(360.9M)
Property Plant Equipment177.3M170.6M167.7M130.9M150.6M130.5M
Net Tangible Assets84.0M129.4M145.7M267.0M307.0M258.4M
Retained Earnings Total Equity827.7M852.5M901.4M1.0B1.2B649.8M
Long Term Debt Total199.2M199.5M174.8M173.4M199.5M173.2M
Capital Surpluse72.8M80.8M91.2M100.6M115.6M73.0M

Standex International Investors Sentiment

The influence of Standex International'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 Standex. 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 Standex International's public news can be used to forecast risks associated with an investment in Standex. The trend in average sentiment can be used to explain how an investor holding Standex can time the market purely based on public headlines and social activities around Standex International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Standex International'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 Standex International'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 Standex International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Standex International.
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 Standex International 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, Standex International's short interest history, or implied volatility extrapolated from Standex International options trading.

Currently Active Assets on Macroaxis

When determining whether Standex International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Standex International'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 Standex International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Standex International Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standex International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more detail on how to invest in Standex Stock please use our How to Invest in Standex International guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Standex International's price analysis, check to measure Standex International'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 Standex International is operating at the current time. Most of Standex International's value examination focuses on studying past and present price action to predict the probability of Standex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standex International's price. Additionally, you may evaluate how the addition of Standex International to your portfolios can decrease your overall portfolio volatility.
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Is Standex International'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 Standex International. If investors know Standex 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 Standex International 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
6.613
Dividend Share
1.14
Earnings Share
11.57
Revenue Per Share
62.494
Quarterly Revenue Growth
0.266
The market value of Standex International is measured differently than its book value, which is the value of Standex that is recorded on the company's balance sheet. Investors also form their own opinion of Standex International's value that differs from its market value or its book value, called intrinsic value, which is Standex International'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 Standex International's market value can be influenced by many factors that don't directly affect Standex International'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 Standex International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Standex International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standex International'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.