SoFi Good Will vs Net Invested Capital Analysis

SOFI Stock

USD 7.19 0.00 0.00%

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

For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.

Good Will vs Net Invested Capital

Good Will vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SoFi Technologies Good Will account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between SoFi Technologies' Good Will and Net Invested Capital is 0.93. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of SoFi Technologies, assuming nothing else is changed. The correlation between historical values of SoFi Technologies' Good Will and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of SoFi Technologies are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Good Will i.e., SoFi Technologies' Good Will and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.The SoFi Technologies' current Sales General And Administrative To Revenue is estimated to increase to 0.42, while Tax Provision is projected to decrease to (436.8 K).

	2021	2022	2023	2024 (projected)
Interest Income	355.0M	773.4M	2.1B	2.2B
Net Interest Income	252.2M	584.1M	1.3B	1.3B

Interest Income Net Interest Income

SoFi Technologies fundamental ratios Correlations

	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Current Assets	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Good Will	Non Current Liabilities Total
Total Current Liabilities		-0.26	-0.02	-0.14	0.82	-0.06	-0.49	-0.17	0.07	0.17	-0.61	0.61	-0.18	-0.53	-0.78	0.21	0.09	0.59	0.0	-0.25	0.46	-0.39	-0.7	-0.23	0.28	-0.32
Other Liab	-0.26		0.84	-0.9	0.22	0.95	-0.62	0.93	-0.95	0.8	-0.45	0.54	0.9	0.7	-0.17	0.85	0.91	-0.55	-0.72	0.93	0.73	0.86	0.55	0.94	0.83	0.96
Net Tangible Assets	-0.02	0.84		-0.91	0.25	0.85	-0.63	0.83	-0.85	0.92	-0.5	0.65	0.79	0.3	-0.32	0.92	0.89	-0.02	-0.72	0.76	0.75	0.7	0.22	0.8	0.8	0.8
Retained Earnings	-0.14	-0.9	-0.91		-0.52	-0.96	0.84	-0.88	0.95	-0.93	0.72	-0.83	-0.87	-0.4	0.46	-0.97	-0.98	0.21	0.79	-0.85	-0.91	-0.74	-0.2	-0.88	-0.94	-0.86
Accounts Payable	0.82	0.22	0.25	-0.52		0.41	-0.73	0.19	-0.42	0.4	-0.76	0.79	0.22	-0.13	-0.74	0.51	0.47	0.13	-0.38	0.29	0.78	0.12	-0.41	0.3	0.62	0.2
Other Assets	-0.06	0.95	0.85	-0.96	0.41		-0.78	0.86	-0.98	0.81	-0.63	0.72	0.88	0.52	-0.23	0.87	0.93	-0.42	-0.83	0.95	0.8	0.88	0.33	0.96	0.85	0.95
Net Receivables	-0.49	-0.62	-0.63	0.84	-0.73	-0.78		-0.62	0.71	-0.74	0.97	-0.97	-0.6	-0.2	0.62	-0.79	-0.77	0.06	0.58	-0.58	-0.86	-0.44	0.03	-0.6	-0.83	-0.56
Common Stock Shares Outstanding	-0.17	0.93	0.83	-0.88	0.19	0.86	-0.62		-0.87	0.9	-0.45	0.56	0.96	0.63	-0.31	0.9	0.94	-0.44	-0.68	0.78	0.73	0.69	0.46	0.81	0.87	0.83
Other Current Assets	0.07	-0.95	-0.85	0.95	-0.42	-0.98	0.71	-0.87		-0.81	0.54	-0.67	-0.91	-0.49	0.22	-0.87	-0.94	0.42	0.87	-0.97	-0.81	-0.9	-0.28	-0.98	-0.85	-0.96
Other Stockholder Equity	0.17	0.8	0.92	-0.93	0.4	0.81	-0.74	0.9	-0.81		-0.62	0.77	0.85	0.29	-0.55	0.98	0.96	-0.03	-0.69	0.67	0.85	0.55	0.13	0.71	0.92	0.7
Total Current Assets	-0.61	-0.45	-0.5	0.72	-0.76	-0.63	0.97	-0.45	0.54	-0.62		-0.96	-0.41	-0.09	0.68	-0.68	-0.63	-0.07	0.41	-0.4	-0.79	-0.25	0.11	-0.43	-0.72	-0.38
Property Plant Equipment	0.61	0.54	0.65	-0.83	0.79	0.72	-0.97	0.56	-0.67	0.77	-0.96		0.56	0.02	-0.69	0.81	0.76	0.13	-0.6	0.52	0.88	0.37	-0.21	0.54	0.82	0.48
Total Assets	-0.18	0.9	0.79	-0.87	0.22	0.88	-0.6	0.96	-0.91	0.85	-0.41	0.56		0.52	-0.18	0.85	0.93	-0.45	-0.83	0.86	0.7	0.8	0.32	0.87	0.82	0.88
Short Long Term Debt Total	-0.53	0.7	0.3	-0.4	-0.13	0.52	-0.2	0.63	-0.49	0.29	-0.09	0.02	0.52		0.0	0.36	0.45	-0.87	-0.09	0.52	0.29	0.46	0.94	0.53	0.44	0.59
Other Current Liab	-0.78	-0.17	-0.32	0.46	-0.74	-0.23	0.62	-0.31	0.22	-0.55	0.68	-0.69	-0.18	0.0		-0.58	-0.47	-0.27	0.02	0.01	-0.74	0.23	0.18	-0.03	-0.67	0.02
Total Stockholder Equity	0.21	0.85	0.92	-0.97	0.51	0.87	-0.79	0.9	-0.87	0.98	-0.68	0.81	0.85	0.36	-0.58		0.98	-0.11	-0.71	0.74	0.92	0.61	0.16	0.77	0.97	0.75
Property Plant And Equipment Net	0.09	0.91	0.89	-0.98	0.47	0.93	-0.77	0.94	-0.94	0.96	-0.63	0.76	0.93	0.45	-0.47	0.98		-0.27	-0.79	0.83	0.9	0.71	0.23	0.86	0.96	0.84
Current Deferred Revenue	0.59	-0.55	-0.02	0.21	0.13	-0.42	0.06	-0.44	0.42	-0.03	-0.07	0.13	-0.45	-0.87	-0.27	-0.11	-0.27		0.18	-0.52	-0.1	-0.51	-0.77	-0.5	-0.23	-0.54
Net Debt	0.0	-0.72	-0.72	0.79	-0.38	-0.83	0.58	-0.68	0.87	-0.69	0.41	-0.6	-0.83	-0.09	0.02	-0.71	-0.79	0.18		-0.87	-0.63	-0.86	0.11	-0.87	-0.64	-0.83
Cash	-0.25	0.93	0.76	-0.85	0.29	0.95	-0.58	0.78	-0.97	0.67	-0.4	0.52	0.86	0.52	0.01	0.74	0.83	-0.52	-0.87		0.66	0.97	0.34	1.0	0.71	0.99
Non Current Assets Total	0.46	0.73	0.75	-0.91	0.78	0.8	-0.86	0.73	-0.81	0.85	-0.79	0.88	0.7	0.29	-0.74	0.92	0.9	-0.1	-0.63	0.66		0.49	0.03	0.69	0.97	0.64
Non Currrent Assets Other	-0.39	0.86	0.7	-0.74	0.12	0.88	-0.44	0.69	-0.9	0.55	-0.25	0.37	0.8	0.46	0.23	0.61	0.71	-0.51	-0.86	0.97	0.49		0.33	0.97	0.54	0.97
Long Term Debt	-0.7	0.55	0.22	-0.2	-0.41	0.33	0.03	0.46	-0.28	0.13	0.11	-0.21	0.32	0.94	0.18	0.16	0.23	-0.77	0.11	0.34	0.03	0.33		0.35	0.2	0.44
Cash And Short Term Investments	-0.23	0.94	0.8	-0.88	0.3	0.96	-0.6	0.81	-0.98	0.71	-0.43	0.54	0.87	0.53	-0.03	0.77	0.86	-0.5	-0.87	1.0	0.69	0.97	0.35		0.74	0.99
Good Will	0.28	0.83	0.8	-0.94	0.62	0.85	-0.83	0.87	-0.85	0.92	-0.72	0.82	0.82	0.44	-0.67	0.97	0.96	-0.23	-0.64	0.71	0.97	0.54	0.2	0.74		0.71
Non Current Liabilities Total	-0.32	0.96	0.8	-0.86	0.2	0.95	-0.56	0.83	-0.96	0.7	-0.38	0.48	0.88	0.59	0.02	0.75	0.84	-0.54	-0.83	0.99	0.64	0.97	0.44	0.99	0.71

Click cells to compare fundamentals

SoFi Technologies Account Relationship Matchups

SoFi Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	161M	486M	497.8M	117.8M	25.5M	24.2M
Other Liab	6.0M	10.6M	10.0M	202.7M	233.1M	244.8M
Net Tangible Assets	(384.4M)	(1.4B)	3.5B	3.5B	4.0B	4.2B
Retained Earnings	(474.6M)	(699.2M)	(1.2B)	(1.5B)	(1.8B)	(1.7B)
Accounts Payable	103.6M	452.9M	298.2M	144.6M	159.9M	225.0M
Other Assets	5.6B	5.4B	6.3B	14.9B	24.1B	25.3B
Net Receivables	21.3M	50.3M	85.5M	127.1M	60.5M	57.4M
Other Current Assets	190.7M	(804.2M)	(812.7M)	(2.0B)	(4.2B)	(4.0B)
Other Stockholder Equity	135.5M	579.2M	5.6B	6.7B	7.0B	3.7B
Total Current Assets	520.8M	922.9M	689.6M	1.8B	3.8B	2.1B
Property Plant Equipment	143.2M	174.6M	227.1M	149.7M	172.1M	155.7M

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When determining whether SoFi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SoFi Technologies' 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 Sofi Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sofi Technologies Stock:

How To Invest In SoFi

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Is SoFi Stock a good investment?

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What is SoFi Technologies' Net Worth?

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

For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.

Note that the SoFi Technologies information on this page should be used as a complementary analysis to other SoFi Technologies' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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

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Is SoFi Technologies' 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 SoFi Technologies. If investors know SoFi 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 SoFi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.29)

Revenue Per Share

2.339

Quarterly Revenue Growth

0.375

Return On Assets

(0.01)

Return On Equity

(0.03)

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

Good Will vs Net Invested Capital

Good Will vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Good Will

Net Invested Capital

SoFi Technologies fundamental ratios Correlations

SoFi Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SoFi Technologies fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Cash
Non Current Liabilities Total	+ 0.99	Cash And Short Term Investments
Total Stockholder Equity	+ 0.98	Other Stockholder Equity
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.97	Net Receivables

Cash And Short Term Investments	- 0.98	Other Current Assets
Other Current Assets	- 0.98	Other Assets
Property Plant And Equipment Net	- 0.98	Retained Earnings
Cash	- 0.97	Other Current Assets
Property Plant Equipment	- 0.97	Net Receivables
Total Stockholder Equity	- 0.97	Retained Earnings