Scotts Intangible Assets vs Capital Stock 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 Intangible Assets and its Capital Stock 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.

Intangible Assets vs Capital Stock

Intangible Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scotts Miracle Gro Intangible Assets account and Capital Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Scotts Miracle's Intangible Assets and Capital Stock is 0.26. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Capital Stock 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 Intangible Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Scotts Miracle Gro are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Intangible Assets i.e., Scotts Miracle's Intangible Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 Revenue3.9B3.6B3.6B2.5B
Depreciation And Amortization105.2M173.5M80.6M67.0M

Scotts Miracle fundamental ratios Correlations

0.790.690.960.220.910.760.810.880.40.970.490.40.740.330.80.90.75-0.890.930.930.580.670.410.710.71
0.790.530.73-0.390.741.00.390.630.080.770.820.080.320.150.990.810.52-0.740.890.720.50.50.690.350.37
0.690.530.80.060.840.520.570.640.180.720.370.180.620.460.560.510.45-0.570.680.580.020.430.50.780.81
0.960.730.80.190.880.70.770.940.390.910.510.390.760.310.750.870.74-0.80.890.920.440.550.470.680.7
0.22-0.390.060.190.11-0.420.650.220.430.22-0.620.420.590.3-0.380.00.23-0.17-0.10.20.180.37-0.540.480.46
0.910.740.840.880.110.720.70.710.270.910.440.270.640.50.760.760.67-0.80.890.80.440.60.450.850.84
0.761.00.520.7-0.420.720.360.60.00.760.810.00.290.120.990.790.47-0.740.880.690.50.50.670.320.34
0.810.390.570.770.650.70.360.730.440.830.060.430.810.370.40.580.61-0.740.580.70.440.750.080.750.77
0.880.630.640.940.220.710.60.730.510.790.50.510.710.130.660.870.8-0.70.80.910.320.380.460.490.52
0.40.080.180.390.430.270.00.440.510.280.231.00.410.390.140.360.64-0.10.220.520.030.060.220.380.38
0.970.770.720.910.220.910.760.830.790.280.430.270.680.320.770.790.64-0.890.90.810.580.80.40.730.74
0.490.820.370.51-0.620.440.810.060.50.230.430.230.050.070.850.610.43-0.30.640.520.190.10.870.050.09
0.40.080.180.390.420.270.00.430.511.00.270.230.410.390.140.360.64-0.10.220.520.030.060.230.380.38
0.740.320.620.760.590.640.290.810.710.410.680.050.410.590.360.560.54-0.630.490.730.370.590.090.770.78
0.330.150.460.310.30.50.120.370.130.390.320.070.390.590.20.110.29-0.140.160.310.20.40.160.780.78
0.80.990.560.75-0.380.760.990.40.660.140.770.850.140.360.20.820.56-0.720.90.750.460.470.730.380.4
0.90.810.510.870.00.760.790.580.870.360.790.610.360.560.110.820.73-0.80.920.960.550.360.410.430.42
0.750.520.450.740.230.670.470.610.80.640.640.430.640.540.290.560.73-0.520.660.820.270.250.520.520.53
-0.89-0.74-0.57-0.8-0.17-0.8-0.74-0.74-0.7-0.1-0.89-0.3-0.1-0.63-0.14-0.72-0.8-0.52-0.85-0.78-0.57-0.66-0.23-0.58-0.58
0.930.890.680.89-0.10.890.880.580.80.220.90.640.220.490.160.90.920.66-0.850.870.530.510.530.550.54
0.930.720.580.920.20.80.690.70.910.520.810.520.520.730.310.750.960.82-0.780.870.520.420.390.60.59
0.580.50.020.440.180.440.50.440.320.030.580.190.030.370.20.460.550.27-0.570.530.520.62-0.080.310.27
0.670.50.430.550.370.60.50.750.380.060.80.10.060.590.40.470.360.25-0.660.510.420.620.090.630.64
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
0.710.350.780.680.480.850.320.750.490.380.730.050.380.770.780.380.430.52-0.580.550.60.310.630.150.99
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
Click cells to compare fundamentals

Scotts Miracle Account Relationship Matchups

Scotts Miracle fundamental ratios 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.