Sonoco Net Invested Capital vs Total Permanent Equity Analysis

SON Stock

USD 51.93 0.20 0.38%

Sonoco Products financial indicator trend analysis is much more than just breaking down Sonoco Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonoco Products is a good investment. Please check the relationship between Sonoco Products Net Invested Capital and its Total Permanent Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.

Net Invested Capital vs Total Permanent Equity

Net Invested Capital vs Total Permanent Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonoco Products Net Invested Capital account and Total Permanent Equity. At this time, the significance of the direction appears to have very week relationship.

The correlation between Sonoco Products' Net Invested Capital and Total Permanent Equity is 0.22. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Permanent Equity in the same time period over historical financial statements of Sonoco Products, assuming nothing else is changed. The correlation between historical values of Sonoco Products' Net Invested Capital and Total Permanent Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Sonoco Products are associated (or correlated) with its Total Permanent Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Permanent Equity has no effect on the direction of Net Invested Capital i.e., Sonoco Products' Net Invested Capital and Total Permanent Equity go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Permanent Equity

Most indicators from Sonoco Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonoco Products 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 Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.As of the 14th of December 2024, Enterprise Value is likely to grow to about 3.7 B, while Selling General Administrative is likely to drop about 480.6 M.

	2021	2022	2023	2024 (projected)
Total Revenue	5.6B	7.3B	6.8B	3.8B
Depreciation And Amortization	239.1M	308.8M	341.0M	178.0M

Total Revenue Depreciation And Amortization

Sonoco Products fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock	Common Stock Total Equity
Total Assets		0.95	0.4	0.66	0.74	0.97	0.92	0.93	0.19	1.0	0.38	0.19	0.71	0.44	0.96	0.91	0.55	-0.13	0.99	0.74	0.34	0.91	0.38	0.74	0.69	-0.61
Short Long Term Debt Total	0.95		0.32	0.52	0.58	0.98	0.99	0.8	0.04	0.95	0.2	0.04	0.55	0.32	0.98	0.95	0.45	-0.34	0.97	0.63	0.26	0.98	0.2	0.83	0.45	-0.69
Other Current Liab	0.4	0.32		0.45	0.55	0.33	0.25	0.33	0.54	0.34	0.07	0.54	0.52	0.06	0.33	0.37	0.52	0.15	0.39	0.62	0.12	0.23	0.18	0.08	0.49	0.02
Total Current Liabilities	0.66	0.52	0.45		0.83	0.5	0.47	0.68	0.47	0.61	0.67	0.47	0.85	-0.05	0.47	0.65	0.37	0.01	0.67	0.9	0.84	0.38	0.58	0.06	0.65	0.14
Total Stockholder Equity	0.74	0.58	0.55	0.83		0.63	0.54	0.79	0.38	0.71	0.45	0.38	0.97	0.05	0.61	0.64	0.63	0.17	0.71	0.94	0.44	0.51	0.64	0.29	0.79	-0.04
Property Plant And Equipment Net	0.97	0.98	0.33	0.5	0.63		0.97	0.87	0.02	0.98	0.22	0.02	0.6	0.43	0.99	0.91	0.51	-0.26	0.97	0.62	0.18	0.97	0.27	0.85	0.55	-0.73
Net Debt	0.92	0.99	0.25	0.47	0.54	0.97		0.77	-0.08	0.94	0.14	-0.08	0.52	0.3	0.97	0.94	0.44	-0.39	0.94	0.58	0.2	0.99	0.19	0.85	0.4	-0.71
Retained Earnings	0.93	0.8	0.33	0.68	0.79	0.87	0.77		0.26	0.93	0.5	0.26	0.76	0.46	0.84	0.77	0.41	-0.04	0.9	0.72	0.37	0.77	0.48	0.62	0.76	-0.51
Cash	0.19	0.04	0.54	0.47	0.38	0.02	-0.08	0.26		0.12	0.44	1.0	0.29	0.12	0.04	0.03	0.1	0.39	0.17	0.46	0.48	-0.07	0.12	-0.2	0.42	0.22
Non Current Assets Total	1.0	0.95	0.34	0.61	0.71	0.98	0.94	0.93	0.12		0.37	0.12	0.68	0.46	0.97	0.9	0.54	-0.16	0.99	0.69	0.29	0.93	0.35	0.79	0.66	-0.66
Non Currrent Assets Other	0.38	0.2	0.07	0.67	0.45	0.22	0.14	0.5	0.44	0.37		0.44	0.45	0.12	0.18	0.17	0.1	0.02	0.36	0.4	0.72	0.09	0.35	0.03	0.45	0.02
Cash And Short Term Investments	0.19	0.04	0.54	0.47	0.38	0.02	-0.08	0.26	1.0	0.12	0.44		0.29	0.12	0.04	0.03	0.1	0.39	0.17	0.46	0.48	-0.07	0.12	-0.2	0.42	0.22
Net Receivables	0.71	0.55	0.52	0.85	0.97	0.6	0.52	0.76	0.29	0.68	0.45	0.29		0.02	0.58	0.65	0.59	0.16	0.69	0.94	0.48	0.48	0.76	0.21	0.8	0.04
Common Stock Shares Outstanding	0.44	0.32	0.06	-0.05	0.05	0.43	0.3	0.46	0.12	0.46	0.12	0.12	0.02		0.44	0.22	0.35	0.41	0.4	-0.02	-0.21	0.37	0.13	0.4	0.55	-0.6
Non Current Liabilities Total	0.96	0.98	0.33	0.47	0.61	0.99	0.97	0.84	0.04	0.97	0.18	0.04	0.58	0.44		0.9	0.53	-0.21	0.97	0.62	0.14	0.98	0.28	0.85	0.56	-0.73
Inventory	0.91	0.95	0.37	0.65	0.64	0.91	0.94	0.77	0.03	0.9	0.17	0.03	0.65	0.22	0.9		0.44	-0.32	0.94	0.74	0.37	0.89	0.32	0.64	0.5	-0.48
Other Current Assets	0.55	0.45	0.52	0.37	0.63	0.51	0.44	0.41	0.1	0.54	0.1	0.1	0.59	0.35	0.53	0.44		0.4	0.53	0.56	-0.06	0.45	0.42	0.35	0.67	-0.22
Other Stockholder Equity	-0.13	-0.34	0.15	0.01	0.17	-0.26	-0.39	-0.04	0.39	-0.16	0.02	0.39	0.16	0.41	-0.21	-0.32	0.4		-0.18	0.1	-0.13	-0.33	0.46	-0.42	0.54	0.34
Total Liab	0.99	0.97	0.39	0.67	0.71	0.97	0.94	0.9	0.17	0.99	0.36	0.17	0.69	0.4	0.97	0.94	0.53	-0.18		0.74	0.36	0.93	0.37	0.74	0.64	-0.6
Total Current Assets	0.74	0.63	0.62	0.9	0.94	0.62	0.58	0.72	0.46	0.69	0.4	0.46	0.94	-0.02	0.62	0.74	0.56	0.1	0.74		0.58	0.52	0.63	0.2	0.73	0.05
Short Term Debt	0.34	0.26	0.12	0.84	0.44	0.18	0.2	0.37	0.48	0.29	0.72	0.48	0.48	-0.21	0.14	0.37	-0.06	-0.13	0.36	0.58		0.1	0.31	-0.17	0.27	0.29
Intangible Assets	0.91	0.98	0.23	0.38	0.51	0.97	0.99	0.77	-0.07	0.93	0.09	-0.07	0.48	0.37	0.98	0.89	0.45	-0.33	0.93	0.52	0.1		0.15	0.9	0.4	-0.78
Accounts Payable	0.38	0.2	0.18	0.58	0.64	0.27	0.19	0.48	0.12	0.35	0.35	0.12	0.76	0.13	0.28	0.32	0.42	0.46	0.37	0.63	0.31	0.15		-0.12	0.75	0.25
Property Plant And Equipment Gross	0.74	0.83	0.08	0.06	0.29	0.85	0.85	0.62	-0.2	0.79	0.03	-0.2	0.21	0.4	0.85	0.64	0.35	-0.42	0.74	0.2	-0.17	0.9	-0.12		0.19	-0.94
Common Stock	0.69	0.45	0.49	0.65	0.79	0.55	0.4	0.76	0.42	0.66	0.45	0.42	0.8	0.55	0.56	0.5	0.67	0.54	0.64	0.73	0.27	0.4	0.75	0.19		-0.12
Common Stock Total Equity	-0.61	-0.69	0.02	0.14	-0.04	-0.73	-0.71	-0.51	0.22	-0.66	0.02	0.22	0.04	-0.6	-0.73	-0.48	-0.22	0.34	-0.6	0.05	0.29	-0.78	0.25	-0.94	-0.12

Click cells to compare fundamentals

Sonoco Products Account Relationship Matchups

Sonoco Products fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.1B	5.3B	5.1B	7.1B	7.2B	7.6B
Short Long Term Debt Total	1.7B	1.7B	1.6B	3.5B	3.3B	3.5B
Other Current Liab	(5.7M)	459.4M	381.4M	405.7M	400.0M	235.4M
Total Current Liabilities	1.4B	1.5B	1.5B	1.8B	1.2B	744.8M
Total Stockholder Equity	1.8B	1.9B	1.8B	2.1B	2.4B	1.3B
Property Plant And Equipment Net	1.3B	1.2B	1.3B	2.0B	2.2B	2.3B
Net Debt	1.5B	1.1B	1.4B	3.2B	3.2B	3.4B
Retained Earnings	2.3B	2.3B	2.1B	2.3B	2.6B	2.8B
Cash	145.3M	564.8M	171.0M	227.4M	151.9M	127.2M
Non Current Assets Total	3.6B	3.4B	3.4B	4.7B	5.1B	5.4B
Non Currrent Assets Other	500.6M	491.4M	514.4M	178.3M	224.9M	250.4M
Cash And Short Term Investments	145.3M	564.8M	171.0M	227.4M	151.9M	127.2M
Net Receivables	811.9M	762.4M	851.6M	962.2M	1.0B	516.6M
Common Stock Shares Outstanding	101.2M	101.2M	99.6M	98.7M	98.9M	110.4M
Liabilities And Stockholders Equity	5.1B	5.3B	5.1B	7.1B	7.2B	7.6B
Non Current Liabilities Total	1.9B	1.9B	1.7B	3.2B	3.6B	3.8B
Inventory	503.8M	450.7M	562.1M	1.1B	773.5M	812.2M
Other Current Assets	60.2M	52.6M	74.0M	76.1M	113.4M	69.2M
Other Stockholder Equity	323.8M	314.1M	119.7M	140.5M	159.0M	167.0M
Total Liab	3.3B	3.4B	3.2B	5.0B	4.8B	5.0B
Total Current Assets	1.5B	1.8B	1.7B	2.4B	2.1B	1.1B
Short Term Debt	488.2M	507.9M	411.6M	502.4M	47.1M	44.8M
Intangible Assets	388.3M	321.9M	278.1M	741.6M	853.7M	896.4M
Accounts Payable	904.9M	536.9M	721.3M	818.9M	707.5M	485.4M
Property Plant And Equipment Gross	1.5B	1.2B	1.3B	2.0B	5.3B	5.5B
Accumulated Other Comprehensive Income	(816.8M)	(756.8M)	(359.4M)	(430.1M)	(366.3M)	(384.6M)
Other Liab	459.0M	610.7M	498.8M	265.5M	305.3M	426.2M
Other Assets	113.0M	1.1B	12.1M	267.6M	1.0	0.95
Long Term Debt	1.2B	1.2B	1.2B	2.7B	3.0B	3.2B
Good Will	1.4B	1.4B	1.3B	1.7B	1.8B	1.1B
Property Plant Equipment	1.3B	1.2B	1.3B	2.0B	2.3B	1.2B
Current Deferred Revenue	17.0M	16.7M	19.0M	22.4M	20.2M	21.2M
Net Tangible Assets	239.0M	450.5M	246.9M	(351.1M)	(316.0M)	(300.2M)
Noncontrolling Interest In Consolidated Entity	13.2M	13.0M	10.9M	12.1M	10.9M	12.6M
Retained Earnings Total Equity	2.2B	2.3B	2.3B	2.1B	2.4B	2.0B
Long Term Debt Total	1.2B	1.2B	1.2B	2.7B	3.1B	3.3B

Pair Trading with Sonoco Products

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 Sonoco Products 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 Sonoco Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sonoco Stock

0.83

AVY

Avery Dennison Corp

Pair Corr

Moving against Sonoco Stock

0.78	VSTO	Vista Outdoor	Pair Corr
0.76	PKG	Packaging Corp Fiscal Year End 22nd of January 2025	Pair Corr
0.75	IP	International Paper	Pair Corr
0.63	SW	Smurfit WestRock plc	Pair Corr
0.62	DRVN	Driven Brands Holdings	Pair Corr

The ability to find closely correlated positions to Sonoco Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonoco Products 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 Sonoco Products - 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 Sonoco Products to buy it.

The correlation of Sonoco Products 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 Sonoco Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonoco Products 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 Sonoco Products 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.

Pair Correlation Correlation Matching

When determining whether Sonoco Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonoco Products' 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 Sonoco Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonoco Products Stock:

How To Invest In Sonoco

Details

Is Sonoco Stock a good investment?

Details

What is Sonoco Products' Net Worth?

Details

Largest Paper & Plastic Packaging Products & Materials Companies

View

Largest Packaging & Containers Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Is Paper & Plastic Packaging Products & Materials 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 Sonoco Products. If investors know Sonoco 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 Sonoco Products 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

(0.61)

Dividend Share

2.06

Earnings Share

2.91

Revenue Per Share

66.695

Quarterly Revenue Growth

(0.02)

The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' 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 Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' 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 Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' 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.

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Sonoco Net Invested Capital vs Total Permanent Equity Analysis

Net Invested Capital vs Total Permanent Equity

Net Invested Capital vs Total Permanent Equity Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Permanent Equity

Sonoco Products fundamental ratios Correlations

Sonoco Products Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sonoco Products fundamental ratios Accounts

Pair Trading with Sonoco Products

Moving together with Sonoco Stock

Moving against Sonoco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Property Plant And Equipment Net
Intangible Assets	+ 0.99	Net Debt

Common Stock Total Equity	- 0.94	Property Plant And Equipment Gross
Common Stock Total Equity	- 0.78	Intangible Assets
Common Stock Total Equity	- 0.73	Non Current Liabilities Total
Common Stock Total Equity	- 0.73	Property Plant And Equipment Net
Common Stock Total Equity	- 0.71	Net Debt
Common Stock Total Equity	- 0.69	Short Long Term Debt Total