Starbox Capital Stock vs Property Plant Equipment 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 Property Plant Equipment 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 Property Plant Equipment

Capital Stock vs Property Plant Equipment 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 Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Starbox Group's Capital Stock and Property Plant Equipment is 0.11. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Property Plant Equipment 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 Property Plant Equipment 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 Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Stock i.e., Starbox Group's Capital Stock and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Stock

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

Property Plant Equipment

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

0.910.790.861.00.91.00.52-0.010.970.960.161.00.480.161.00.911.01.01.01.01.01.00.930.890.92
0.910.480.650.890.670.930.230.370.80.77-0.220.940.78-0.220.90.850.940.890.90.910.890.930.710.80.7
0.790.480.930.810.910.760.82-0.510.890.920.610.74-0.10.610.810.740.740.810.80.790.810.760.910.790.91
0.860.650.930.860.840.860.78-0.190.890.940.310.840.210.310.880.890.840.860.860.870.860.850.860.910.85
1.00.890.810.860.920.990.53-0.060.980.960.210.990.430.211.00.90.991.01.00.991.00.990.950.890.94
0.90.670.910.840.920.860.58-0.440.970.930.570.860.060.570.910.780.860.920.920.880.920.861.00.821.0
1.00.930.760.860.990.860.540.070.960.950.081.00.530.081.00.911.00.990.991.00.991.00.90.890.89
0.520.230.820.780.530.580.54-0.330.610.730.380.49-0.140.380.560.440.490.520.520.570.530.520.60.450.58
-0.010.37-0.51-0.19-0.06-0.440.07-0.33-0.23-0.19-0.990.080.86-0.99-0.030.070.09-0.06-0.050.03-0.060.07-0.37-0.03-0.39
0.970.80.890.890.980.970.960.61-0.230.980.370.950.270.370.980.870.950.980.980.970.980.950.990.880.98
0.960.770.920.940.960.930.950.73-0.190.980.330.940.270.330.970.850.940.960.960.960.960.950.960.860.95
0.16-0.220.610.310.210.570.080.38-0.990.370.330.07-0.781.00.180.070.060.210.20.120.210.080.510.170.53
1.00.940.740.840.990.861.00.490.080.950.940.070.550.070.990.911.00.990.991.00.991.00.90.890.89
0.480.78-0.10.210.430.060.53-0.140.860.270.27-0.780.55-0.780.450.510.560.430.450.50.430.540.130.410.11
0.16-0.220.610.310.210.570.080.38-0.990.370.331.00.07-0.780.180.070.060.210.20.120.210.080.510.170.53
1.00.90.810.881.00.911.00.56-0.030.980.970.180.990.450.180.90.991.01.01.01.00.990.940.890.93
0.910.850.740.890.90.780.910.440.070.870.850.070.910.510.070.90.910.90.90.90.90.910.810.980.8
1.00.940.740.840.990.861.00.490.090.950.940.061.00.560.060.990.910.990.991.00.991.00.890.890.88
1.00.890.810.861.00.920.990.52-0.060.980.960.210.990.430.211.00.90.991.00.991.00.990.950.890.94
1.00.90.80.861.00.920.990.52-0.050.980.960.20.990.450.21.00.90.991.00.991.00.990.940.90.94
1.00.910.790.870.990.881.00.570.030.970.960.121.00.50.121.00.91.00.990.990.991.00.910.890.9
1.00.890.810.861.00.920.990.53-0.060.980.960.210.990.430.211.00.90.991.01.00.990.990.950.890.94
1.00.930.760.850.990.861.00.520.070.950.950.081.00.540.080.990.911.00.990.991.00.990.90.890.89
0.930.710.910.860.951.00.90.6-0.370.990.960.510.90.130.510.940.810.890.950.940.910.950.90.841.0
0.890.80.790.910.890.820.890.45-0.030.880.860.170.890.410.170.890.980.890.890.90.890.890.890.840.83
0.920.70.910.850.941.00.890.58-0.390.980.950.530.890.110.530.930.80.880.940.940.90.940.891.00.83
Click cells to compare fundamentals

Starbox Group Account Relationship Matchups

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