Scotts Capital Stock vs Property Plant Equipment Analysis
SMG Stock | USD 77.09 1.29 1.70% |
Scotts Miracle financial indicator trend analysis is much more than just breaking down Scotts Miracle Gro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scotts Miracle Gro is a good investment. Please check the relationship between Scotts Miracle 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 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.
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 Scotts Miracle Gro Capital Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Scotts Miracle'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 Scotts Miracle Gro, assuming nothing else is changed. The correlation between historical values of Scotts Miracle'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 Scotts Miracle Gro 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., Scotts Miracle's Capital Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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 Scotts Miracle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Enterprise Value Over EBITDA is most likely to slightly decrease in the upcoming years. The Scotts Miracle's current Enterprise Value Multiple is estimated to increase to 34.45, while Tax Provision is forecasted to increase to (62.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.9B | 3.6B | 3.6B | 2.5B | Depreciation And Amortization | 105.2M | 173.5M | 80.6M | 67.0M |
Scotts Miracle fundamental ratios Correlations
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Scotts Miracle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scotts Miracle fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4B | 4.8B | 4.3B | 3.4B | 2.9B | 2.2B | |
Short Long Term Debt Total | 1.5B | 2.3B | 3.0B | 2.6B | 2.2B | 2.3B | |
Other Current Liab | 493M | 375.1M | 291.4M | 345.3M | 443M | 260.2M | |
Total Current Liabilities | 950.4M | 1.1B | 963.9M | 773.7M | 750.3M | 528.5M | |
Total Stockholder Equity | 702.9M | 1.0B | 147.7M | (267.3M) | (390.6M) | (371.1M) | |
Property Plant And Equipment Net | 560M | 622.2M | 606M | 610.3M | 609.5M | 387.1M | |
Net Debt | 1.5B | 2.1B | 2.9B | 2.6B | 2.2B | 2.3B | |
Retained Earnings | 1.2B | 1.6B | 1.0B | 490.9M | 564.5M | 520.9M | |
Accounts Payable | 391M | 609.4M | 422.6M | 271.2M | 254.7M | 183.8M | |
Cash | 16.6M | 244.1M | 86.8M | 31.9M | 71.6M | 68.6M | |
Non Current Assets Total | 2.2B | 2.8B | 2.3B | 2.0B | 1.9B | 1.3B | |
Non Currrent Assets Other | 106.6M | 468.3M | 537.4M | 443.3M | 619.3M | 650.3M | |
Cash And Short Term Investments | 16.6M | 244.1M | 86.8M | 31.9M | 71.6M | 70.4M | |
Net Receivables | 497.1M | 483.4M | 378.8M | 304.2M | 176.8M | 295.7M | |
Common Stock Shares Outstanding | 56.9M | 57.2M | 55.5M | 56M | 56.8M | 62.8M | |
Liabilities And Stockholders Equity | 3.4B | 4.8B | 4.3B | 3.4B | 2.9B | 2.2B | |
Non Current Liabilities Total | 1.7B | 2.6B | 3.2B | 2.9B | 2.5B | 2.6B | |
Inventory | 621.9M | 1.1B | 1.3B | 880.3M | 587.5M | 426.6M | |
Other Current Assets | 81M | 321.2M | 160M | 181.4M | 144.5M | 105.1M | |
Other Stockholder Equity | (916.1M) | (1.0B) | (1.1B) | (998.5M) | (390.6M) | (371.1M) | |
Total Liab | 2.7B | 3.8B | 4.1B | 3.7B | 3.3B | 1.7B | |
Total Current Assets | 1.2B | 2.0B | 2.0B | 1.4B | 980.4M | 893.0M | |
Short Term Debt | 66.4M | 124.2M | 220.5M | 128.7M | 52.6M | 81.3M | |
Intangible Assets | 679.2M | 709.6M | 580.2M | 436.7M | 418.8M | 536.5M | |
Property Plant And Equipment Gross | 716M | 1.7B | 606M | 1.6B | 1.9B | 2.0B | |
Accumulated Other Comprehensive Income | (99.1M) | (66.4M) | (144.6M) | (112.8M) | (101.5M) | (106.6M) | |
Common Stock | 482.5M | 477M | 364M | 353.1M | 406.1M | 228.7M | |
Common Stock Total Equity | 442.2M | 482.5M | 477M | 364M | 418.6M | 319.2M | |
Other Liab | 149.1M | 409.6M | 359M | 129.8M | 149.3M | 191.7M | |
Other Assets | 381M | 804K | 680.9M | 633.1M | 728.1M | 764.5M | |
Long Term Debt | 1.5B | 2.2B | 2.8B | 2.6B | 2.9B | 3.1B | |
Good Will | 544.1M | 605.2M | 254M | 243.9M | 280.5M | 434.0M | |
Treasury Stock | (904.3M) | (921.8M) | (1.0B) | (1.1B) | (982.6M) | (933.5M) | |
Property Plant Equipment | 716M | 622.2M | 606M | 610.3M | 701.8M | 480.4M | |
Net Tangible Assets | 697.2M | (301.5M) | (686.5M) | (947.9M) | (853.1M) | (810.5M) | |
Long Term Debt Total | 1.5B | 2.2B | 2.8B | 2.6B | 2.9B | 1.5B |
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.