Steelcase Net Working Capital vs Current Deferred Revenue Analysis

SCS Stock

USD 13.18 0.03 0.23%

Steelcase financial indicator trend analysis is much more than just breaking down Steelcase prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Steelcase is a good investment. Please check the relationship between Steelcase Net Working Capital and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steelcase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Net Working Capital vs Current Deferred Revenue

Net Working Capital vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steelcase Net Working Capital account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Steelcase's Net Working Capital and Current Deferred Revenue is 0.14. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Steelcase, assuming nothing else is changed. The correlation between historical values of Steelcase's Net Working Capital and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Steelcase are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Working Capital i.e., Steelcase's Net Working Capital and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Working Capital

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Steelcase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steelcase 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 Steelcase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.At this time, Steelcase's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 2.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 570 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	761.5M	919.4M	1.0B	759.3M
Total Revenue	2.8B	3.2B	3.2B	3.3B

Gross Profit Total Revenue

Steelcase fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Good Will	Short Term Investments	Short Long Term Debt Total	Other Liab
Total Assets		-0.3	0.38	0.45	0.84	0.6	0.56	-0.03	0.62	0.97	-0.3	0.33	0.17	-0.41	0.77	0.67	0.07	-0.04	0.67	0.33	0.72	0.78	0.85	-0.57	0.93	-0.47
Other Current Liab	-0.3		0.47	-0.42	-0.6	-0.22	-0.39	0.41	-0.11	-0.38	-0.35	-0.01	-0.1	-0.04	-0.21	-0.19	0.15	-0.31	-0.07	-0.36	-0.23	-0.21	-0.12	0.33	-0.53	0.04
Total Current Liabilities	0.38	0.47		-0.52	-0.1	0.69	-0.39	0.8	0.08	0.32	-0.88	0.0	-0.19	-0.72	0.63	0.71	-0.4	-0.76	0.73	0.09	0.26	0.25	0.61	0.18	0.17	-0.74
Total Stockholder Equity	0.45	-0.42	-0.52		0.79	-0.24	0.98	-0.76	0.29	0.5	0.61	0.03	0.63	0.43	-0.16	-0.05	0.43	0.84	-0.28	0.2	0.26	0.48	0.16	-0.84	0.55	0.33
Property Plant And Equipment Net	0.84	-0.6	-0.1	0.79		0.31	0.84	-0.46	0.5	0.86	0.14	0.19	0.4	-0.06	0.42	0.43	0.2	0.41	0.29	0.35	0.62	0.71	0.58	-0.79	0.92	-0.19
Net Debt	0.6	-0.22	0.69	-0.24	0.31		-0.14	0.48	0.01	0.64	-0.6	-0.14	0.0	-0.71	0.82	0.92	-0.59	-0.52	0.84	0.36	0.42	0.54	0.82	0.01	0.61	-0.79
Retained Earnings	0.56	-0.39	-0.39	0.98	0.84	-0.14		-0.68	0.31	0.59	0.5	0.03	0.64	0.37	-0.08	0.06	0.4	0.77	-0.2	0.16	0.27	0.49	0.23	-0.88	0.61	0.23
Accounts Payable	-0.03	0.41	0.8	-0.76	-0.46	0.48	-0.68		-0.1	-0.07	-0.82	-0.05	-0.32	-0.7	0.43	0.49	-0.55	-0.85	0.57	0.17	0.1	-0.02	0.26	0.44	-0.19	-0.64
Cash	0.62	-0.11	0.08	0.29	0.5	0.01	0.31	-0.1		0.5	-0.27	0.92	-0.4	-0.35	0.55	0.01	0.63	-0.16	0.46	0.18	0.76	0.37	0.35	-0.27	0.5	-0.19
Non Current Assets Total	0.97	-0.38	0.32	0.5	0.86	0.64	0.59	-0.07	0.5		-0.21	0.18	0.27	-0.41	0.72	0.71	-0.01	0.03	0.64	0.4	0.67	0.84	0.88	-0.63	0.96	-0.49
Non Currrent Assets Other	-0.3	-0.35	-0.88	0.61	0.14	-0.6	0.5	-0.82	-0.27	-0.21		-0.28	0.48	0.86	-0.7	-0.57	0.23	0.9	-0.8	-0.07	-0.44	-0.17	-0.46	-0.3	-0.12	0.83
Cash And Short Term Investments	0.33	-0.01	0.0	0.03	0.19	-0.14	0.03	-0.05	0.92	0.18	-0.28		-0.65	-0.29	0.43	-0.24	0.67	-0.29	0.35	0.03	0.59	0.06	0.08	0.09	0.21	-0.07
Net Receivables	0.17	-0.1	-0.19	0.63	0.4	0.0	0.64	-0.32	-0.4	0.27	0.48	-0.65		0.45	-0.33	0.23	-0.2	0.72	-0.32	0.21	-0.11	0.39	0.17	-0.61	0.27	0.27
Common Stock Shares Outstanding	-0.41	-0.04	-0.72	0.43	-0.06	-0.71	0.37	-0.7	-0.35	-0.41	0.86	-0.29	0.45		-0.81	-0.65	0.22	0.81	-0.91	-0.42	-0.61	-0.42	-0.63	-0.16	-0.35	0.92
Non Current Liabilities Total	0.77	-0.21	0.63	-0.16	0.42	0.82	-0.08	0.43	0.55	0.72	-0.7	0.43	-0.33	-0.81		0.72	-0.17	-0.62	0.97	0.35	0.75	0.59	0.83	-0.02	0.7	-0.75
Inventory	0.67	-0.19	0.71	-0.05	0.43	0.92	0.06	0.49	0.01	0.71	-0.57	-0.24	0.23	-0.65	0.72		-0.61	-0.37	0.76	0.42	0.44	0.63	0.84	-0.25	0.65	-0.8
Other Current Assets	0.07	0.15	-0.4	0.43	0.2	-0.59	0.4	-0.55	0.63	-0.01	0.23	0.67	-0.2	0.22	-0.17	-0.61		0.3	-0.24	-0.19	0.25	-0.02	-0.23	-0.24	0.02	0.36
Other Stockholder Equity	-0.04	-0.31	-0.76	0.84	0.41	-0.52	0.77	-0.85	-0.16	0.03	0.9	-0.29	0.72	0.81	-0.62	-0.37	0.3		-0.71	-0.01	-0.21	0.08	-0.27	-0.59	0.11	0.7
Total Liab	0.67	-0.07	0.73	-0.28	0.29	0.84	-0.2	0.57	0.46	0.64	-0.8	0.35	-0.32	-0.91	0.97	0.76	-0.24	-0.71		0.41	0.73	0.59	0.83	0.05	0.61	-0.84
Property Plant And Equipment Gross	0.33	-0.36	0.09	0.2	0.35	0.36	0.16	0.17	0.18	0.4	-0.07	0.03	0.21	-0.42	0.35	0.42	-0.19	-0.01	0.41		0.56	0.51	0.49	-0.2	0.48	-0.28
Total Current Assets	0.72	-0.23	0.26	0.26	0.62	0.42	0.27	0.1	0.76	0.67	-0.44	0.59	-0.11	-0.61	0.75	0.44	0.25	-0.21	0.73	0.56		0.74	0.68	-0.29	0.75	-0.5
Intangible Assets	0.78	-0.21	0.25	0.48	0.71	0.54	0.49	-0.02	0.37	0.84	-0.17	0.06	0.39	-0.42	0.59	0.63	-0.02	0.08	0.59	0.51	0.74		0.87	-0.57	0.84	-0.43
Good Will	0.85	-0.12	0.61	0.16	0.58	0.82	0.23	0.26	0.35	0.88	-0.46	0.08	0.17	-0.63	0.83	0.84	-0.23	-0.27	0.83	0.49	0.68	0.87		-0.33	0.83	-0.65
Short Term Investments	-0.57	0.33	0.18	-0.84	-0.79	0.01	-0.88	0.44	-0.27	-0.63	-0.3	0.09	-0.61	-0.16	-0.02	-0.25	-0.24	-0.59	0.05	-0.2	-0.29	-0.57	-0.33		-0.59	-0.01
Short Long Term Debt Total	0.93	-0.53	0.17	0.55	0.92	0.61	0.61	-0.19	0.5	0.96	-0.12	0.21	0.27	-0.35	0.7	0.65	0.02	0.11	0.61	0.48	0.75	0.84	0.83	-0.59		-0.41
Other Liab	-0.47	0.04	-0.74	0.33	-0.19	-0.79	0.23	-0.64	-0.19	-0.49	0.83	-0.07	0.27	0.92	-0.75	-0.8	0.36	0.7	-0.84	-0.28	-0.5	-0.43	-0.65	-0.01	-0.41

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Steelcase Account Relationship Matchups

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F	Ford Motor
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When determining whether Steelcase is a strong investment it is important to analyze Steelcase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steelcase's future performance. For an informed investment choice regarding Steelcase Stock, refer to the following important reports:

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What is Steelcase's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steelcase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Note that the Steelcase information on this page should be used as a complementary analysis to other Steelcase'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Steelcase's price analysis, check to measure Steelcase'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 Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.

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Is Steelcase'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 Steelcase. If investors know Steelcase 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 Steelcase 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

0.371

Dividend Share

0.4

Earnings Share

0.68

Revenue Per Share

27.716

Quarterly Revenue Growth

(0.03)

The market value of Steelcase is measured differently than its book value, which is the value of Steelcase that is recorded on the company's balance sheet. Investors also form their own opinion of Steelcase's value that differs from its market value or its book value, called intrinsic value, which is Steelcase'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 Steelcase's market value can be influenced by many factors that don't directly affect Steelcase'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 Steelcase's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steelcase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steelcase'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.

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Steelcase Net Working Capital vs Current Deferred Revenue Analysis

Net Working Capital vs Current Deferred Revenue

Net Working Capital vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Net Working Capital

Current Deferred Revenue

Steelcase fundamental ratios Correlations

Steelcase Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Complementary Tools for Steelcase Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.97	Total Assets
Total Liab	+ 0.97	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.96	Non Current Assets Total
Short Long Term Debt Total	+ 0.93	Total Assets
Short Long Term Debt Total	+ 0.92	Property Plant And Equipment Net

Total Liab	- 0.91	Common Stock Shares Outstanding
Short Term Investments	- 0.88	Retained Earnings
Non Currrent Assets Other	- 0.88	Total Current Liabilities
Other Stockholder Equity	- 0.85	Accounts Payable
Other Liab	- 0.84	Total Liab
Short Term Investments	- 0.84	Total Stockholder Equity