Sterling Long Term Debt vs Cash Analysis
| STER Stock | USD 15.37 0.08 0.52% |
Sterling Check financial indicator trend analysis is much more than just breaking down Sterling Check Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sterling Check Corp is a good investment. Please check the relationship between Sterling Check Long Term Debt and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sterling Check Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Long Term Debt vs Cash
Long Term Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sterling Check Corp Long Term Debt account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sterling Check's Long Term Debt and Cash is -0.54. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Sterling Check Corp, assuming nothing else is changed. The correlation between historical values of Sterling Check's Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Sterling Check Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., Sterling Check's Long Term Debt and Cash go up and down completely randomly.
Correlation Coefficient | -0.54 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Sterling Check Corp has held for over one year. Long-term debt appears on Sterling Check Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sterling Check Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Cash
Cash refers to the most liquid asset of Sterling Check Corp, which is listed under current asset account on Sterling Check Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sterling Check customers. The amounts must be unrestricted with restricted cash listed in a different Sterling Check account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Sterling Check's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sterling Check 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 Sterling Check Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Sterling Check's Tax Provision is relatively stable compared to the past year. As of 06/09/2024, Selling General Administrative is likely to grow to about 169.9 M, while Enterprise Value Over EBITDA is likely to drop 10.67.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 30.9M | 29.5M | 36.5M | 27.1M | Depreciation And Amortization | 82.1M | 76.2M | 62.9M | 65.0M |
Sterling Check fundamental ratios Correlations
Click cells to compare fundamentals
Sterling Check Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Tools for Sterling Stock Analysis
When running Sterling Check's price analysis, check to measure Sterling Check'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 Sterling Check is operating at the current time. Most of Sterling Check's value examination focuses on studying past and present price action to predict the probability of Sterling Check's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sterling Check's price. Additionally, you may evaluate how the addition of Sterling Check to your portfolios can decrease your overall portfolio volatility.