Sterling Other Liab vs Cash And Short Term Investments 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 Liab and its Cash And Short Term Investments 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 Liab vs Cash And Short Term Investments
Other Liab vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sterling Check Corp Other Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sterling Check's Other Liab and Cash And Short Term Investments is -0.64. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash And Short Term Investments 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 Liab and Cash And Short Term Investments 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 Liab of Sterling Check Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Liab i.e., Sterling Check's Other Liab and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Other Liab
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Sterling Check Corp balance sheet. This account contains Sterling Check investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sterling Check Corp 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.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.