Snap Cash Flows Other Operating vs Other Non Cash Items Analysis
SNA Stock | USD 369.69 0.46 0.12% |
Snap On financial indicator trend analysis is much more than just breaking down Snap On prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Snap On is a good investment. Please check the relationship between Snap On Cash Flows Other Operating and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.
Cash Flows Other Operating vs Other Non Cash Items
Cash Flows Other Operating vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snap On Cash Flows Other Operating account and Other Non Cash Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between Snap On's Cash Flows Other Operating and Other Non Cash Items is 0.61. Overlapping area represents the amount of variation of Cash Flows Other Operating that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Snap On, assuming nothing else is changed. The correlation between historical values of Snap On's Cash Flows Other Operating and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Flows Other Operating of Snap On are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Cash Flows Other Operating i.e., Snap On's Cash Flows Other Operating and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash Flows Other Operating
Other Non Cash Items
Most indicators from Snap On's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Snap On 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 Snap On. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.At present, Snap On's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 11.34, whereas Selling General Administrative is forecasted to decline to about 1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.1B | 2.2B | 2.6B | 2.8B | Total Revenue | 4.3B | 4.5B | 5.1B | 2.6B |
Snap On fundamental ratios Correlations
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Snap On Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Snap On fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.7B | 6.6B | 6.8B | 7.0B | 7.5B | 7.9B | |
Short Long Term Debt Total | 1.2B | 1.5B | 1.2B | 1.2B | 1.3B | 640.8M | |
Other Current Liab | 491.1M | 502.3M | 546.1M | 527.8M | 568.9M | 358.7M | |
Total Current Liabilities | 947.6M | 1.2B | 982.2M | 971.6M | 941.6M | 625.5M | |
Total Stockholder Equity | 3.4B | 3.8B | 4.2B | 4.5B | 5.1B | 5.3B | |
Property Plant And Equipment Net | 577.1M | 578.1M | 570.1M | 574.1M | 614M | 365.1M | |
Net Debt | 1.0B | 561.2M | 454.5M | 488.5M | 279.8M | 440.8M | |
Retained Earnings | 4.8B | 5.2B | 5.7B | 6.3B | 6.9B | 7.3B | |
Cash | 184.5M | 923.4M | 780M | 757.2M | 1.0B | 1.1B | |
Non Current Assets Total | 3.3B | 3.5B | 3.7B | 3.6B | 3.9B | 4.1B | |
Non Currrent Assets Other | 62.3M | 91.7M | 176.3M | 84.3M | 1.8B | 1.9B | |
Cash And Short Term Investments | 184.5M | 923.4M | 780M | 757.2M | 1.0B | 1.1B | |
Net Receivables | 1.3B | 1.3B | 1.3B | 1.4B | 1.5B | 809.1M | |
Common Stock Shares Outstanding | 55.9M | 54.8M | 55M | 54.2M | 53.9M | 47.5M | |
Liabilities And Stockholders Equity | 5.7B | 6.6B | 6.8B | 7.0B | 7.5B | 7.9B | |
Non Current Liabilities Total | 1.3B | 1.5B | 1.6B | 1.5B | 1.5B | 854.9M | |
Inventory | 760.4M | 746.5M | 803.8M | 1.0B | 1.0B | 1.1B | |
Other Current Assets | 110.2M | 129.7M | 134.6M | 144.8M | 138.4M | 122.0M | |
Other Stockholder Equity | (930.1M) | (1.0B) | (1.2B) | (1.4B) | (1.5B) | (1.4B) | |
Total Liab | 2.3B | 2.7B | 2.6B | 2.5B | 2.5B | 1.5B | |
Total Current Assets | 2.4B | 3.1B | 3.1B | 3.4B | 3.7B | 3.8B | |
Short Term Debt | 202.9M | 290.5M | 39.4M | 38.6M | 41M | 39.0M | |
Intangible Assets | 243.9M | 260.8M | 301.7M | 275.6M | 268.9M | 239.6M | |
Accounts Payable | 198.5M | 222.9M | 277.6M | 287M | 238M | 156.7M | |
Property Plant And Equipment Gross | 577.1M | 578.1M | 570.1M | 574.1M | 1.6B | 1.7B | |
Accumulated Other Comprehensive Income | (507.9M) | (365.8M) | (343.9M) | (528.3M) | (449.5M) | (427.0M) | |
Good Will | 913.8M | 982.4M | 1.1B | 1.0B | 1.1B | 722.4M | |
Other Liab | 320.7M | 329.7M | 356.6M | 267.3M | 307.4M | 329.3M | |
Other Assets | 87.2M | 131.7M | 604M | 154.3M | 1.0 | 0.95 | |
Long Term Debt | 946.9M | 1.2B | 1.2B | 1.2B | 1.2B | 827.0M | |
Treasury Stock | (1.1B) | (1.3B) | (1.4B) | (1.7B) | (1.5B) | (1.5B) | |
Property Plant Equipment | 495.1M | 574.4M | 574.1M | 570.1M | 660.2M | 439.9M | |
Current Deferred Revenue | 55.1M | 53.6M | 56.4M | 57.1M | 58.4M | 58.8M | |
Short Term Investments | 317M | 329M | 17.1M | 349M | 401.4M | 421.4M | |
Net Tangible Assets | 2.3B | 3.8B | 2.8B | 4.5B | 5.2B | 5.4B | |
Retained Earnings Total Equity | 4.8B | 5.2B | 5.7B | 6.3B | 7.2B | 4.0B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Snap On offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Snap On'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 Snap On Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Snap On Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Industrial Machinery & Supplies & Components 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 Snap On. If investors know Snap 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 Snap On 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 0.042 | Dividend Share 7.44 | Earnings Share 19.45 | Revenue Per Share 96.839 | Quarterly Revenue Growth (0.01) |
The market value of Snap On is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap On's value that differs from its market value or its book value, called intrinsic value, which is Snap On'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 Snap On's market value can be influenced by many factors that don't directly affect Snap On'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 Snap On's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap On is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap On'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.