SNDL Common Stock Total Equity vs Cash Analysis
SNDL Stock | USD 1.93 0.03 1.53% |
SNDL financial indicator trend analysis is much more than just breaking down SNDL Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SNDL Inc is a good investment. Please check the relationship between SNDL Common Stock Total Equity and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SNDL Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Common Stock Total Equity vs Cash
Common Stock Total Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SNDL Inc Common Stock Total Equity account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between SNDL's Common Stock Total Equity and Cash is 0.71. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash in the same time period over historical financial statements of SNDL Inc, assuming nothing else is changed. The correlation between historical values of SNDL's Common Stock Total Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of SNDL Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Total Equity i.e., SNDL's Common Stock Total Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Cash
Cash refers to the most liquid asset of SNDL Inc, which is listed under current asset account on SNDL Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SNDL customers. The amounts must be unrestricted with restricted cash listed in a different SNDL account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from SNDL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SNDL Inc 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 SNDL Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, SNDL's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to grow at the current pace this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 13.7M | 17.6M | 15.4M | 14.6M | Reconciled Depreciation | 9.6M | 47.3M | 64.9M | 68.2M |
SNDL fundamental ratios Correlations
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SNDL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SNDL fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 510.0M | 294.9M | 1.4B | 1.6B | 1.5B | 743.9M | |
Short Long Term Debt Total | 194.9M | 1.4M | 33.5M | 169.8M | 167.0M | 89.1M | |
Other Current Liab | 32.5M | 18.9M | (4.2M) | 49.4M | 50.6M | 53.1M | |
Total Current Liabilities | 269.2M | 24.1M | 65.9M | 89.4M | 103.1M | 87.2M | |
Total Stockholder Equity | 216.5M | 265.2M | 1.3B | 1.3B | 1.2B | 1.3B | |
Other Liab | 16.1M | 3.4M | 4.5M | 2.7M | 3.1M | 4.9M | |
Net Tangible Assets | 161.0M | 260.2M | 1.2B | 1.2B | 1.3B | 1.4B | |
Retained Earnings | (360.3M) | (564.6M) | (788.5M) | (1.1B) | (1.3B) | (1.2B) | |
Accounts Payable | 20.2M | 4.8M | 4.2M | 9.8M | 22.0M | 23.1M | |
Cash | 45.3M | 60.4M | 558.3M | 279.6M | 195.0M | 160.1M | |
Non Current Assets Total | 337.4M | 176.5M | 696.1M | 1.1B | 1.1B | 1.1B | |
Non Currrent Assets Other | (337.4M) | (173.9M) | 7.7M | 8.6M | 4.8M | 5.1M | |
Cash And Short Term Investments | 45.3M | 60.4M | 649.0M | 311.8M | 201.6M | 177.9M | |
Net Receivables | 27.6M | 15.9M | 10.9M | 22.6M | 27.1M | 14.7M | |
Common Stock Total Equity | 25.8M | 0.0 | 509.7M | 762.0M | 876.4M | 920.2M | |
Common Stock Shares Outstanding | 8.6M | 21.9M | 186.0M | 229.9M | 259.4M | 272.3M | |
Liabilities And Stockholders Equity | 510.0M | 294.9M | 1.4B | 1.6B | 1.5B | 1.5B | |
Non Current Liabilities Total | 19.6M | 1.0M | 32.3M | 142.3M | 140.7M | 147.7M | |
Capital Lease Obligations | 722K | 1.4M | 33.5M | 169.8M | 167.0M | 175.4M | |
Inventory | 74.3M | 29.1M | 33.9M | 131.3M | 129.5M | 136.0M | |
Other Current Assets | 14.3M | 13.0M | 34.4M | 35.8M | 48.7M | 51.2M | |
Other Stockholder Equity | 60.3M | 67.8M | 67.7M | 73.5M | 77.6M | 49.3M | |
Total Liab | 288.8M | 25.2M | 98.1M | 231.7M | 243.8M | 140.1M | |
Property Plant And Equipment Gross | 282.0M | 116.9M | 216.5M | 492.5M | 583.9M | 613.1M | |
Total Current Assets | 172.6M | 118.4M | 728.2M | 501.5M | 406.9M | 269.8M | |
Accumulated Other Comprehensive Income | 6.9M | 8.4M | 7.6M | 32.2M | 19.4M | 10.2M | |
Short Term Debt | 178.6M | 409K | 5.7M | 30.2M | 30.5M | 38.2M | |
Intangible Assets | 44.0M | 5.1M | 4.7M | 74.9M | 73.1M | 76.8M | |
Common Stock | 509.7M | 762.0M | 2.0B | 2.3B | 2.4B | 2.5B |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in SNDL Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Pharmaceuticals 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 SNDL. If investors know SNDL 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 SNDL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.30) | Revenue Per Share 3.461 | Quarterly Revenue Growth (0) | Return On Assets (0.02) | Return On Equity (0.09) |
The market value of SNDL Inc is measured differently than its book value, which is the value of SNDL that is recorded on the company's balance sheet. Investors also form their own opinion of SNDL's value that differs from its market value or its book value, called intrinsic value, which is SNDL'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 SNDL's market value can be influenced by many factors that don't directly affect SNDL'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 SNDL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SNDL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SNDL'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.