Stagwell Other Current Assets vs Non Current Assets Total Analysis

STGW Stock  USD 6.72  0.11  1.61%   
Stagwell financial indicator trend analysis is much more than just breaking down Stagwell prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stagwell is a good investment. Please check the relationship between Stagwell Other Current Assets and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stagwell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Stagwell Stock please use our How to Invest in Stagwell guide.

Other Current Assets vs Non Current Assets Total

Other Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stagwell Other Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Stagwell's Other Current Assets and Non Current Assets Total is 0.59. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Stagwell, assuming nothing else is changed. The correlation between historical values of Stagwell's Other Current Assets and Non Current Assets Total 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 Current Assets of Stagwell are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Assets i.e., Stagwell's Other Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Stagwell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stagwell 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 Stagwell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Stagwell Stock please use our How to Invest in Stagwell guide.At this time, Stagwell's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.30 in 2024, despite the fact that Tax Provision is likely to grow to (137.8 K).
 2021 2022 2023 2024 (projected)
Total Revenue1.5B2.7B2.5B2.7B
Interest Expense31.9M76.1M90.6M95.2M

Stagwell fundamental ratios Correlations

0.740.670.60.660.580.750.630.470.50.790.750.160.790.660.58-0.520.470.640.620.720.770.76-0.50.690.67
0.740.960.910.950.510.960.940.620.740.821.00.150.820.970.91-0.480.610.610.930.990.90.94-0.650.90.98
0.670.960.970.970.310.881.00.520.740.720.950.290.720.970.97-0.30.670.460.980.970.780.85-0.630.880.97
0.60.910.970.980.150.790.970.40.820.680.90.280.680.950.98-0.190.620.280.980.940.680.75-0.540.810.95
0.660.950.970.980.260.840.960.480.880.740.940.210.740.980.97-0.250.60.380.990.980.750.81-0.530.850.98
0.580.510.310.150.260.70.260.60.030.540.54-0.160.540.380.11-0.920.240.920.170.430.810.74-0.570.390.35
0.750.960.880.790.840.70.850.680.550.820.970.070.820.880.77-0.690.560.760.810.910.980.99-0.710.850.9
0.630.941.00.970.960.260.850.520.740.660.930.320.660.960.96-0.260.690.430.970.950.740.82-0.630.850.96
0.470.620.520.40.480.60.680.520.260.410.64-0.020.410.520.41-0.510.250.660.440.520.710.72-0.770.550.59
0.50.740.740.820.880.030.550.740.260.560.710.150.560.830.80.010.420.10.840.80.480.53-0.240.620.8
0.790.820.720.680.740.540.820.660.410.560.82-0.011.00.730.71-0.540.340.540.730.80.810.8-0.410.80.77
0.751.00.950.90.940.540.970.930.640.710.820.120.820.960.89-0.510.590.630.920.970.920.95-0.660.90.98
0.160.150.290.280.21-0.160.070.32-0.020.15-0.010.12-0.010.220.270.210.780.170.250.24-0.010.09-0.30.190.16
0.790.820.720.680.740.540.820.660.410.561.00.82-0.010.730.71-0.540.340.540.730.80.810.8-0.410.80.77
0.660.970.970.950.980.380.880.960.520.830.730.960.220.730.93-0.340.630.480.960.990.80.86-0.60.850.97
0.580.910.970.980.970.110.770.960.410.80.710.890.270.710.93-0.110.590.270.990.930.650.73-0.470.870.96
-0.52-0.48-0.3-0.19-0.25-0.92-0.69-0.26-0.510.01-0.54-0.510.21-0.54-0.34-0.11-0.17-0.8-0.17-0.4-0.8-0.730.52-0.32-0.32
0.470.610.670.620.60.240.560.690.250.420.340.590.780.340.630.59-0.170.550.60.660.490.57-0.480.540.58
0.640.610.460.280.380.920.760.430.660.10.540.630.170.540.480.27-0.80.550.320.540.830.8-0.660.520.48
0.620.930.980.980.990.170.810.970.440.840.730.920.250.730.960.99-0.170.60.320.960.70.77-0.50.870.98
0.720.990.970.940.980.430.910.950.520.80.80.970.240.80.990.93-0.40.660.540.960.840.89-0.610.880.97
0.770.90.780.680.750.810.980.740.710.480.810.92-0.010.810.80.65-0.80.490.830.70.840.99-0.680.770.81
0.760.940.850.750.810.740.990.820.720.530.80.950.090.80.860.73-0.730.570.80.770.890.99-0.720.820.87
-0.5-0.65-0.63-0.54-0.53-0.57-0.71-0.63-0.77-0.24-0.41-0.66-0.3-0.41-0.6-0.470.52-0.48-0.66-0.5-0.61-0.68-0.72-0.55-0.58
0.690.90.880.810.850.390.850.850.550.620.80.90.190.80.850.87-0.320.540.520.870.880.770.82-0.550.91
0.670.980.970.950.980.350.90.960.590.80.770.980.160.770.970.96-0.320.580.480.980.970.810.87-0.580.91
Click cells to compare fundamentals

Stagwell Account Relationship Matchups

Stagwell fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding69.1M73.5M90.4M296.6M122.2M128.3M
Total Assets950.8M1.0B4.1B4.0B3.8B4.0B
Short Long Term Debt Total244.4M271.2M1.6B1.6B1.5B1.6B
Other Current Liab133.4M102.1M582.7M579.2M591.8M621.4M
Total Current Liabilities349.2M337.0M1.3B1.3B1.4B1.4B
Total Stockholder Equity317.0M358.8M381.6M482.5M356.7M374.5M
Property Plant And Equipment Net104.3M93.4M416.5M372.4M332.1M348.7M
Net Debt180.5M179.2M1.4B1.3B1.4B1.4B
Retained Earnings(469.6M)(709.8M)(7.0M)29.4M21.1M22.2M
Accounts Payable139.5M147.8M271.8M357.3M415.0M435.7M
Cash63.9M92.0M184.0M220.6M119.7M125.7M
Non Current Assets Total646.0M648.2M3.1B3.0B2.7B2.9B
Non Currrent Assets Other1.1M2.8M33.0M115.4M92.8M52.0M
Cash And Short Term Investments63.9M92.0M184.0M220.6M119.7M125.7M
Net Receivables217.6M236.8M760.0M738.9M832.9M874.5M
Liabilities And Stockholders Equity950.8M1.0B4.1B4.0B3.8B4.0B
Non Current Liabilities Total253.0M278.4M1.8B1.7B1.6B1.6B
Other Current Assets23.2M36.4M64.1M71.4M72.5M76.1M
Other Stockholder Equity193.0M193.7M401.2M491.9M348.5M365.9M
Total Liab602.3M615.3M3.1B3.0B2.9B3.1B
Total Current Assets304.8M365.7M1.0B1.0B1.0B1.1B
Accumulated Other Comprehensive Income(4.3M)1.1M(12.7M)(38.9M)(13.1M)(13.7M)
Short Term Debt18.5M20.6M72.9M76.3M65.9M69.2M
Intangible Assets196.6M186.0M937.7M907.5M818.2M859.1M
Common Stock58.6M101.5M357.7M120K134K114K
Current Deferred Revenue57.9M66.4M361.9M337.0M301.7M163.9M
Good Will325.2M351.7M1.7B1.6B1.5B1.6B
Other Assets99.1M231.7M33.0M115.4M132.8M115.2M
Common Stock Total Equity101.5M104.4M383.0M492.0M565.8M594.1M
Property Plant And Equipment Gross304.7M304.6M416.5M372.4M413.5M310.9M
Other Liab55.5M111.4M321.7M181.0M208.2M167.4M
Net Tangible Assets(1.2B)(1.3B)(2.2B)(2.0B)(1.8B)(1.8B)
Property Plant Equipment304.7M304.6M416.5M98.9M113.7M108.0M
Long Term Debt887.6M198.0M1.2B1.2B1.1B1.0B
Deferred Long Term Liab4.2M1.1M103.1M40.1M46.1M33.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Stagwell Stock Analysis

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