Starbox Capital Stock vs Long Term Debt Analysis

STBX Stock  USD 0.13  0.01  8.33%   
Starbox Group financial indicator trend analysis is much more than just breaking down Starbox Group Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Starbox Group Holdings is a good investment. Please check the relationship between Starbox Group Capital Stock and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Starbox Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Capital Stock vs Long Term Debt

Capital Stock vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Starbox Group Holdings Capital Stock account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Starbox Group's Capital Stock and Long Term Debt is -0.5. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Starbox Group Holdings, assuming nothing else is changed. The correlation between historical values of Starbox Group's Capital Stock and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Starbox Group Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Capital Stock i.e., Starbox Group's Capital Stock and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Long Term Debt

Long-term debt is a debt that Starbox Group Holdings has held for over one year. Long-term debt appears on Starbox Group Holdings 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 Starbox Group Holdings 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.
Most indicators from Starbox Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Starbox Group Holdings 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 Starbox Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Starbox Group's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 4.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 8.4 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization218.0K1.8M2.1M2.2M
Tax Provision1.4M2.1M2.5M2.6M

Starbox Group fundamental ratios Correlations

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Starbox Group Account Relationship Matchups

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