Sonata Inventory vs Common Stock Analysis

SONATSOFTW   635.25  8.95  1.43%   
Sonata Software financial indicator trend analysis is much more than just breaking down Sonata Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonata Software is a good investment. Please check the relationship between Sonata Software Inventory and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonata Software Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Inventory vs Common Stock

Inventory vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonata Software Inventory account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sonata Software's Inventory and Common Stock is 0.85. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock in the same time period over historical financial statements of Sonata Software Limited, assuming nothing else is changed. The correlation between historical values of Sonata Software's Inventory and Common 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 Inventory of Sonata Software Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Inventory i.e., Sonata Software's Inventory and Common Stock go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Common Stock

Most indicators from Sonata Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonata Software 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 Sonata Software Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Sonata Software's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 38 M, while Tax Provision is likely to drop about 1.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense162M185.4M850.1M892.6M
Depreciation And Amortization473.2M591.3M1.3B1.4B

Sonata Software fundamental ratios Correlations

0.920.990.960.680.540.970.980.530.980.430.950.980.970.30.960.930.69-0.08-0.31.00.990.860.960.650.93
0.920.950.80.480.740.810.820.240.940.520.80.870.930.130.930.850.86-0.27-0.320.940.880.980.950.40.9
0.990.950.940.640.570.950.960.490.980.480.940.970.970.290.960.90.73-0.1-0.31.00.980.910.970.580.93
0.960.80.940.720.321.00.990.680.910.420.980.970.890.390.890.850.520.12-0.30.940.990.740.870.680.84
0.680.480.640.720.070.740.720.770.640.040.720.670.610.320.510.660.260.29-0.310.660.690.380.630.650.66
0.540.740.570.320.070.350.38-0.370.660.180.270.480.69-0.350.670.670.79-0.59-0.10.60.430.70.670.290.62
0.970.810.951.00.740.350.990.660.920.390.980.970.910.390.910.870.540.09-0.330.950.990.760.890.690.86
0.980.820.960.990.720.380.990.640.930.40.970.980.920.420.920.880.570.08-0.310.960.990.770.90.690.86
0.530.240.490.680.77-0.370.660.640.410.220.730.540.380.510.350.37-0.070.41-0.140.470.60.210.410.470.45
0.980.940.980.910.640.660.920.930.410.380.90.931.00.20.980.970.74-0.21-0.320.990.940.870.980.670.94
0.430.520.480.420.040.180.390.40.220.380.450.420.350.210.420.20.41-0.180.010.430.460.620.42-0.150.36
0.950.80.940.980.720.270.980.970.730.90.450.930.880.450.880.830.510.03-0.270.930.970.760.880.630.86
0.980.870.970.970.670.480.970.980.540.930.420.930.930.310.930.870.620.06-0.280.960.990.820.910.640.88
0.970.930.970.890.610.690.910.920.381.00.350.880.930.160.980.970.73-0.24-0.280.990.930.860.980.690.94
0.30.130.290.390.32-0.350.390.420.510.20.210.450.310.160.190.130.160.43-0.170.260.370.150.170.070.14
0.960.930.960.890.510.670.910.920.350.980.420.880.930.980.190.940.75-0.26-0.270.970.930.880.940.630.88
0.930.850.90.850.660.670.870.880.370.970.20.830.870.970.130.940.68-0.26-0.250.940.870.750.930.780.9
0.690.860.730.520.260.790.540.57-0.070.740.410.510.620.730.160.750.68-0.39-0.230.730.630.850.750.150.68
-0.08-0.27-0.10.120.29-0.590.090.080.41-0.21-0.180.030.06-0.240.43-0.26-0.26-0.39-0.32-0.140.03-0.29-0.240.03-0.2
-0.3-0.32-0.3-0.3-0.31-0.1-0.33-0.31-0.14-0.320.01-0.27-0.28-0.28-0.17-0.27-0.25-0.23-0.32-0.3-0.28-0.25-0.24-0.29-0.18
1.00.941.00.940.660.60.950.960.470.990.430.930.960.990.260.970.940.73-0.14-0.30.970.890.980.630.94
0.990.880.980.990.690.430.990.990.60.940.460.970.990.930.370.930.870.630.03-0.280.970.830.930.620.89
0.860.980.910.740.380.70.760.770.210.870.620.760.820.860.150.880.750.85-0.29-0.250.890.830.910.240.85
0.960.950.970.870.630.670.890.90.410.980.420.880.910.980.170.940.930.75-0.24-0.240.980.930.910.580.98
0.650.40.580.680.650.290.690.690.470.67-0.150.630.640.690.070.630.780.150.03-0.290.630.620.240.580.56
0.930.90.930.840.660.620.860.860.450.940.360.860.880.940.140.880.90.68-0.2-0.180.940.890.850.980.56
Click cells to compare fundamentals

Sonata Software Account Relationship Matchups

Sonata Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.2B19.5B25.6B43.6B51.5B54.1B
Other Current Liab1.4B919.9M804.6M5.1B10.9B11.5B
Total Current Liabilities8.4B9.4B12.9B21.6B30.9B32.5B
Total Stockholder Equity6.7B9.1B11.0B13.0B14.1B14.8B
Property Plant And Equipment Net1.2B1.0B1.2B1.3B1.3B680.5M
Net Debt(1.9B)(4.6B)(5.7B)1.7B2.3B2.4B
Retained Earnings5.2B7.2B9.1B11.3B12.2B12.8B
Accounts Payable5.6B6.5B10.5B12.9B14.2B14.9B
Cash3.7B6.4B7.3B4.2B5.4B2.8B
Non Current Assets Total4.3B4.8B6.1B19.4B20.7B21.8B
Non Currrent Assets Other956.1M1.2B1.5B34.8M2.8B3.0B
Cash And Short Term Investments3.9B7.2B9.0B9.5B11.4B11.9B
Net Receivables7.8B6.9B9.8B14.0B17.1B18.0B
Good Will1.6B1.8B2.2B11.0B11.1B11.7B
Common Stock Shares Outstanding277.0M277.2M369.7M277.4M277.9M315.4M
Short Term Investments189.8M805.6M1.6B5.3B6.0B6.3B
Liabilities And Stockholders Equity16.2B19.5B25.6B43.6B51.5B54.1B
Non Current Liabilities Total1.1B1.0B1.7B8.9B6.5B6.8B
Inventory(48.0M)(654.2M)29.3M288.2M980M1.0B
Other Current Assets8.0B7.5B10.5B494.1M1.1B1.1B
Total Liab9.5B10.4B14.6B30.6B37.4B39.3B
Total Current Assets11.9B14.7B19.4B24.2B30.8B32.3B
Accumulated Other Comprehensive Income(326.2M)1.3B1.3B1.1B1.3B1.3B
Short Long Term Debt Total1.9B1.9B1.6B5.9B7.7B8.0B
Current Deferred Revenue1.6B1.6B1.6B5.5B1.8B1.5B
Short Term Debt1.1B1.1B676.8M2.2B2.7B2.8B
Intangible Assets237.7M476.9M829M5.0B4.2B4.5B
Other Liab435M356.5M301.8M742.7M854.1M896.8M
Net Tangible Assets5.9B4.9B6.8B8.0B9.1B5.8B
Other Assets1.2B1.4B1.7B34.8M1.00.95
Short Long Term Debt860M897.3M380M1.9B2.4B2.6B
Property Plant Equipment1.2B1.0B1.2B1.3B1.5B1.6B
Long Term Debt186.8M0.01.0B3.1B4.3B4.5B
Long Term Debt Total800.9M718.9M917.3M3.7B4.3B4.5B
Capital Lease Obligations1.0B952.8M1.2B969.2M911.6M697.9M

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Other Information on Investing in Sonata Stock

Balance Sheet is a snapshot of the financial position of Sonata Software at a specified time, usually calculated after every quarter, six months, or one year. Sonata Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sonata Software and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sonata currently owns. An asset can also be divided into two categories, current and non-current.