Scotts Historical Balance Sheet

SMG Stock  USD 77.09  1.29  1.70%   
Trend analysis of Scotts Miracle Gro balance sheet accounts such as Property Plant And Equipment Net of 387.1 M, Net Debt of 2.3 B, Retained Earnings of 520.9 M or Accounts Payable of 183.8 M provides information on Scotts Miracle's total assets, liabilities, and equity, which is the actual value of Scotts Miracle Gro to its prevalent stockholders. By breaking down trends over time using Scotts Miracle balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Oil Shock
 
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Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Scotts Miracle Gro latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Scotts Miracle Gro is a good buy for the upcoming year.

Scotts Miracle Inventory

426.6 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scotts Miracle Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Scotts Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Scotts Miracle Gro at a specified time, usually calculated after every quarter, six months, or one year. Scotts Miracle Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Scotts Miracle and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Scotts currently owns. An asset can also be divided into two categories, current and non-current.

Scotts Miracle Balance Sheet Chart

At this time, Scotts Miracle's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Scotts Miracle's current Net Receivables is estimated to increase to about 295.7 M, while Other Current Liabilities is projected to decrease to roughly 260.2 M.

Total Assets

Total assets refers to the total amount of Scotts Miracle 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 Scotts Miracle Gro 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.

Total Current Liabilities

Total Current Liabilities is an item on Scotts Miracle balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Scotts Miracle Gro are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Scotts Miracle Gro balance sheet. This account contains Scotts Miracle investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Scotts Miracle Gro 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.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.
Most accounts from Scotts Miracle's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Scotts Miracle Gro current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Scotts Miracle Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Scotts Miracle's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Scotts Miracle's current Net Receivables is estimated to increase to about 295.7 M, while Other Current Liabilities is projected to decrease to roughly 260.2 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total3.0B2.6B2.2B2.3B
Total Assets4.3B3.4B2.9B2.2B

Scotts Miracle balance sheet Correlations

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0.410.690.50.47-0.540.450.670.080.460.220.40.870.230.090.160.730.410.52-0.230.530.39-0.080.090.150.22
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0.710.370.810.70.460.840.340.770.520.380.740.090.380.780.780.40.420.53-0.580.540.590.270.640.220.99
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Scotts Miracle Account Relationship Matchups

Scotts Miracle balance sheet Accounts

201920202021202220232024 (projected)
Total Assets3.4B4.8B4.3B3.4B2.9B2.2B
Short Long Term Debt Total1.5B2.3B3.0B2.6B2.2B2.3B
Other Current Liab493M375.1M291.4M345.3M443M260.2M
Total Current Liabilities950.4M1.1B963.9M773.7M750.3M528.5M
Total Stockholder Equity702.9M1.0B147.7M(267.3M)(390.6M)(371.1M)
Property Plant And Equipment Net560M622.2M606M610.3M609.5M387.1M
Net Debt1.5B2.1B2.9B2.6B2.2B2.3B
Retained Earnings1.2B1.6B1.0B490.9M564.5M520.9M
Accounts Payable391M609.4M422.6M271.2M254.7M183.8M
Cash16.6M244.1M86.8M31.9M71.6M68.6M
Non Current Assets Total2.2B2.8B2.3B2.0B1.9B1.3B
Non Currrent Assets Other106.6M468.3M537.4M443.3M619.3M650.3M
Cash And Short Term Investments16.6M244.1M86.8M31.9M71.6M70.4M
Net Receivables497.1M483.4M378.8M304.2M176.8M295.7M
Common Stock Shares Outstanding56.9M57.2M55.5M56M56.8M62.8M
Liabilities And Stockholders Equity3.4B4.8B4.3B3.4B2.9B2.2B
Non Current Liabilities Total1.7B2.6B3.2B2.9B2.5B2.6B
Inventory621.9M1.1B1.3B880.3M587.5M426.6M
Other Current Assets81M321.2M160M181.4M144.5M105.1M
Other Stockholder Equity(916.1M)(1.0B)(1.1B)(998.5M)(390.6M)(371.1M)
Total Liab2.7B3.8B4.1B3.7B3.3B1.7B
Total Current Assets1.2B2.0B2.0B1.4B980.4M893.0M
Short Term Debt66.4M124.2M220.5M128.7M52.6M81.3M
Intangible Assets679.2M709.6M580.2M436.7M418.8M536.5M
Property Plant And Equipment Gross716M1.7B606M1.6B1.9B2.0B
Accumulated Other Comprehensive Income(99.1M)(66.4M)(144.6M)(112.8M)(101.5M)(106.6M)
Common Stock482.5M477M364M353.1M406.1M228.7M
Common Stock Total Equity442.2M482.5M477M364M418.6M319.2M
Other Liab149.1M409.6M359M129.8M149.3M191.7M
Other Assets381M804K680.9M633.1M728.1M764.5M
Long Term Debt1.5B2.2B2.8B2.6B2.9B3.1B
Good Will544.1M605.2M254M243.9M280.5M434.0M
Treasury Stock(904.3M)(921.8M)(1.0B)(1.1B)(982.6M)(933.5M)
Property Plant Equipment716M622.2M606M610.3M701.8M480.4M
Net Tangible Assets697.2M(301.5M)(686.5M)(947.9M)(853.1M)(810.5M)
Long Term Debt Total1.5B2.2B2.8B2.6B2.9B1.5B

Currently Active Assets on Macroaxis

When determining whether Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scotts Miracle Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Fertilizers & Agricultural Chemicals 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 Scotts Miracle. If investors know Scotts 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 Scotts Miracle 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
1.961
Dividend Share
2.64
Earnings Share
(0.61)
Revenue Per Share
62.548
Quarterly Revenue Growth
0.107
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle'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 Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle'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 Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle'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.