Sonic Total Assets vs Other Stockholder Equity Analysis
SAH Stock | USD 69.93 0.50 0.72% |
Sonic Automotive financial indicator trend analysis is much more than just breaking down Sonic Automotive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonic Automotive is a good investment. Please check the relationship between Sonic Automotive Total Assets and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.
Total Assets vs Other Stockholder Equity
Total Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonic Automotive Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sonic Automotive's Total Assets and Other Stockholder Equity is -0.38. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Sonic Automotive, assuming nothing else is changed. The correlation between historical values of Sonic Automotive's Total Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Sonic Automotive are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Sonic Automotive's Total Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Sonic Automotive 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 Sonic Automotive 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.Other Stockholder Equity
Most indicators from Sonic Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonic Automotive 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 Sonic Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.As of now, Sonic Automotive's Enterprise Value Multiple is increasing as compared to previous years. The Sonic Automotive's current Enterprise Value is estimated to increase to about 3.1 B, while Selling General Administrative is projected to decrease to under 985.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.3B | 2.2B | 1.3B | Total Revenue | 12.4B | 14.0B | 14.4B | 8.5B |
Sonic Automotive fundamental ratios Correlations
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Sonic Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sonic Automotive fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 3.7B | 5.0B | 5.0B | 5.4B | 3.1B | |
Short Long Term Debt Total | 2.6B | 2.4B | 3.3B | 3.5B | 3.9B | 2.0B | |
Other Current Liab | 277.0M | 242.2M | 261.6M | 304.9M | 330.1M | 393.0M | |
Total Current Liabilities | 2.1B | 1.8B | 1.9B | 1.8B | 2.3B | 1.5B | |
Total Stockholder Equity | 944.8M | 814.8M | 1.1B | 895.2M | 891.9M | 684.9M | |
Property Plant And Equipment Net | 1.5B | 1.5B | 1.9B | 2.0B | 2.1B | 2.2B | |
Net Debt | 2.6B | 2.3B | 3.0B | 3.3B | 3.8B | 2.0B | |
Retained Earnings | 790.2M | 721.8M | 1.1B | 1.1B | 1.2B | 1.3B | |
Accounts Payable | 135.2M | 105.1M | 133.3M | 138.4M | 149.8M | 94.1M | |
Cash | 29.1M | 170.3M | 299.4M | 229.2M | 28.9M | 54.4M | |
Non Current Assets Total | 2.1B | 1.9B | 2.9B | 2.8B | 2.8B | 1.5B | |
Non Currrent Assets Other | 43.6M | 74.2M | 62.5M | 75.3M | 111.8M | 117.4M | |
Cash And Short Term Investments | 29.1M | 170.3M | 299.4M | 229.2M | 28.9M | 54.4M | |
Net Receivables | 432.7M | 371.7M | 401.1M | 462.4M | 528.1M | 335.9M | |
Common Stock Shares Outstanding | 43.7M | 42.5M | 43.3M | 39.7M | 35.9M | 47.7M | |
Liabilities And Stockholders Equity | 4.1B | 3.7B | 5.0B | 5.0B | 5.4B | 3.1B | |
Non Current Liabilities Total | 1.1B | 1.1B | 2.0B | 2.2B | 2.2B | 2.3B | |
Inventory | 1.5B | 1.2B | 1.3B | 1.2B | 1.6B | 1.1B | |
Other Current Assets | 37.9M | 93.3M | 122.4M | 297.9M | 385.1M | 404.4M | |
Other Stockholder Equity | 155.9M | 95.9M | 25.2M | (207.5M) | (349.1M) | (331.6M) | |
Total Liab | 3.1B | 2.9B | 3.9B | 4.1B | 4.5B | 2.4B | |
Property Plant And Equipment Gross | 1.5B | 1.5B | 2.7B | 2.9B | 3.0B | 3.1B | |
Total Current Assets | 2.0B | 1.9B | 2.1B | 2.2B | 2.5B | 1.6B | |
Accumulated Other Comprehensive Income | (2.1M) | (3.6M) | (1.3M) | 1.6M | 1.8M | 1.9M | |
Short Term Debt | 1.7B | 1.5B | 1.5B | 1.4B | 1.8B | 1.2B | |
Common Stock | 763K | 768K | 777K | 800K | 920K | 966K | |
Common Stock Total Equity | 763K | 768K | 777K | 800K | 920K | 706.1K | |
Other Liab | 82.7M | 89.1M | 96M | 105.5M | 121.3M | 87.3M | |
Other Assets | 43.5M | 464.6M | 62.5M | 97.8M | 112.5M | 66.6M | |
Long Term Debt | 637.0M | 651.8M | 1.5B | 1.7B | 1.6B | 876.5M | |
Good Will | 475.8M | 214.0M | 416.4M | 231M | 253.8M | 483.8M | |
Treasury Stock | (600.0M) | (671.7M) | (765M) | (1.0B) | (924.2M) | (878.0M) | |
Property Plant Equipment | 1.1B | 1.1B | 1.5B | 1.6B | 1.8B | 1.9B | |
Net Tangible Assets | 745.1M | 895.4M | 580.1M | 727.5M | 836.6M | 878.5M | |
Retained Earnings Total Equity | 790.2M | 721.8M | 1.1B | 1.1B | 1.3B | 1.3B | |
Long Term Debt Total | 637.0M | 651.8M | 1.5B | 1.7B | 1.9B | 998.3M | |
Capital Surpluse | 755.9M | 767.6M | 790.2M | 819.4M | 942.3M | 809.7M |
Currently Active Assets on Macroaxis
When determining whether Sonic Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonic Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonic Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonic Automotive Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonic Automotive. If investors know Sonic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonic Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.109 | Dividend Share 1.2 | Earnings Share 5.64 | Revenue Per Share 409.817 | Quarterly Revenue Growth (0.04) |
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.