Sleep Historical Income Statement
SNBR Stock | USD 16.45 0.78 4.98% |
Historical analysis of Sleep Number income statement accounts such as Other Operating Expenses of 977 M, Operating Income of 21.8 M, EBIT of 23.4 M or Ebitda of 101 M can show how well Sleep Number Corp performed in making a profits. Evaluating Sleep Number income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sleep Number's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sleep Number Corp 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 Sleep Number Corp is a good buy for the upcoming year.
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About Sleep Income Statement Analysis
Sleep Number Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Sleep Number shareholders. The income statement also shows Sleep investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Sleep Number Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Sleep Number Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sleep Number Corp minus its cost of goods sold. It is profit before Sleep Number operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sleep Number Corp. It is also known as Sleep Number overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Sleep Number Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sleep Number Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Sleep Number's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sleep Number Corp current financial condition. On the other hand, looking into the entire matrix of income statement 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 Sleep Number Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Sleep Number's Depreciation And Amortization is relatively stable compared to the past year. As of 12/04/2024, Interest Expense is likely to grow to about 44.8 M, while Gross Profit is likely to drop slightly above 637.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.2B | 1.1B | 637.5M | Total Revenue | 2.2B | 2.1B | 1.9B | 1.0B |
Sleep Number income statement Correlations
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Sleep Number Account Relationship Matchups
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Sleep Number income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 61.9M | 61.6M | 60.4M | 67.4M | 72.4M | 76.0M | |
Interest Expense | 11.6M | 8.9M | 6.2M | 19.0M | 42.7M | 44.8M | |
Total Revenue | 1.7B | 1.9B | 2.2B | 2.1B | 1.9B | 1.0B | |
Gross Profit | 1.1B | 1.2B | 1.3B | 1.2B | 1.1B | 637.5M | |
Other Operating Expenses | 1.6B | 1.7B | 2.0B | 2.0B | 1.8B | 977.0M | |
Operating Income | 112.1M | 184.9M | 193.5M | 67.9M | 22.9M | 21.8M | |
Ebit | 112.1M | 184.9M | 193.5M | 67.9M | 24.6M | 23.4M | |
Ebitda | 174.0M | 246.5M | 253.9M | 135.3M | 97.0M | 101.0M | |
Cost Of Revenue | 646.4M | 700.6M | 866.1M | 912.0M | 799.0M | 406.3M | |
Total Operating Expenses | 939.8M | 971.1M | 1.1B | 1.1B | 1.0B | 570.7M | |
Income Before Tax | 100.5M | 176.0M | 187.3M | 48.9M | (19.8M) | (18.8M) | |
Total Other Income Expense Net | (11.6M) | (8.9M) | (6.2M) | (19.0M) | (42.7M) | (40.6M) | |
Net Income | 81.8M | 139.2M | 153.7M | 36.6M | (15.3M) | (14.5M) | |
Income Tax Expense | 18.7M | 36.8M | 33.5M | 12.3M | (4.5M) | (4.2M) | |
Selling General Administrative | 138.0M | 159.0M | 161.4M | 153.3M | 146.6M | 100.6M | |
Research Development | 35.0M | 40.9M | 58.5M | 61.5M | 55.8M | 58.6M | |
Net Income Applicable To Common Shares | 81.8M | 139.2M | 153.7M | 36.6M | 42.1M | 65.8M | |
Selling And Marketing Expenses | 766.9M | 771.2M | 905.4M | 919.6M | 847.4M | 587.4M | |
Net Income From Continuing Ops | 81.8M | 139.2M | 153.7M | 36.6M | (15.3M) | (14.5M) | |
Tax Provision | 18.7M | 36.8M | 33.5M | 12.3M | (4.5M) | (4.2M) | |
Net Interest Income | (11.6M) | (8.9M) | (6.2M) | (19.0M) | (42.7M) | (40.6M) | |
Reconciled Depreciation | 61.9M | 61.6M | 60.4M | 67.4M | 74.0M | 70.5M |
Pair Trading with Sleep Number
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sleep Number position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sleep Number will appreciate offsetting losses from the drop in the long position's value.Moving against Sleep Stock
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0.31 | ABG | Asbury Automotive | PairCorr |
The ability to find closely correlated positions to Sleep Number could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sleep Number when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sleep Number - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sleep Number Corp to buy it.
The correlation of Sleep Number is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sleep Number moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sleep Number Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sleep Number can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Sleep Stock Analysis
When running Sleep Number's price analysis, check to measure Sleep Number's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sleep Number is operating at the current time. Most of Sleep Number's value examination focuses on studying past and present price action to predict the probability of Sleep Number's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Number's price. Additionally, you may evaluate how the addition of Sleep Number to your portfolios can decrease your overall portfolio volatility.