SpartanNash Historical Financial Ratios
| SPTN Stock | USD 18.98 0.07 0.37% |
SpartanNash is promptly reporting on over 108 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 21.35, Free Cash Flow Yield of 0.13, Invested Capital of 0.0 or Operating Cash Flow Per Share of 4.71 will help investors to properly organize and evaluate SpartanNash financial condition quickly.
SpartanNash |
About SpartanNash Financial Ratios Analysis
SpartanNashFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate SpartanNash investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on SpartanNash financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across SpartanNash history.
SpartanNash Financial Ratios Chart
Add Fundamental
Dividend Yield
Dividend Yield is SpartanNash Co dividend as a percentage of SpartanNash stock price. SpartanNash dividend yield is a measure of SpartanNash stock productivity, which can be interpreted as interest rate earned on an SpartanNash investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Payout Ratio
Payout Ratio is the proportion of SpartanNash Co earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of SpartanNash dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating SpartanNash is paying out more in dividends than it makes in net income.Most ratios from SpartanNash's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into SpartanNash current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 SpartanNash Co. 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, SpartanNash's Inventory Turnover is very stable compared to the past year. As of the 2nd of December 2024, Net Income Per Share is likely to grow to 1.45, while Dividend Yield is likely to drop 0.02.
| 2016 | 2022 | 2024 (projected) | Dividend Yield | 0.0152 | 0.0278 | 0.0167 | Price To Sales Ratio | 0.19 | 0.11 | 0.0786 |
SpartanNash fundamentals Correlations
Click cells to compare fundamentals
SpartanNash Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with SpartanNash
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 SpartanNash 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 SpartanNash will appreciate offsetting losses from the drop in the long position's value.Moving against SpartanNash Stock
| 0.77 | COST | Costco Wholesale Corp | PairCorr |
| 0.74 | WMT | Walmart Aggressive Push | PairCorr |
| 0.73 | MO | Altria Group | PairCorr |
| 0.66 | KR | Kroger Company Earnings Call This Week | PairCorr |
| 0.63 | BJ | BJs Wholesale Club | PairCorr |
The ability to find closely correlated positions to SpartanNash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SpartanNash 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 SpartanNash - 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 SpartanNash Co to buy it.
The correlation of SpartanNash 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 SpartanNash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SpartanNash 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 SpartanNash 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpartanNash Co. 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. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Consumer Staples Distribution & Retail 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 SpartanNash. If investors know SpartanNash 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 SpartanNash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.868 | Earnings Share 1.33 | Revenue Per Share 281.208 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0362 |
The market value of SpartanNash is measured differently than its book value, which is the value of SpartanNash that is recorded on the company's balance sheet. Investors also form their own opinion of SpartanNash's value that differs from its market value or its book value, called intrinsic value, which is SpartanNash'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 SpartanNash's market value can be influenced by many factors that don't directly affect SpartanNash'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 SpartanNash's value and its price as these two are different measures arrived at by different means. Investors typically determine if SpartanNash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SpartanNash'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.