Sterling Other Assets vs Total Assets 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 Other Assets and its Total Assets 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.
Other Assets vs Total Assets
Other Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sterling Check Corp Other Assets account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sterling Check's Other Assets and Total Assets is -0.14. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets 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 Other Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Sterling Check Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., Sterling Check's Other Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.14 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Assets
Total Assets
Total assets refers to the total amount of Sterling Check assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sterling Check Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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
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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.