Simpson Property Plant Equipment vs Short Term Investments Analysis
SSD Stock | USD 186.77 1.10 0.59% |
Simpson Manufacturing financial indicator trend analysis is much more than just breaking down Simpson Manufacturing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Simpson Manufacturing is a good investment. Please check the relationship between Simpson Manufacturing Property Plant Equipment and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simpson Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.
Property Plant Equipment vs Short Term Investments
Property Plant Equipment vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simpson Manufacturing Property Plant Equipment account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Simpson Manufacturing's Property Plant Equipment and Short Term Investments is 0.81. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Simpson Manufacturing, assuming nothing else is changed. The correlation between historical values of Simpson Manufacturing's Property Plant Equipment and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Simpson Manufacturing are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Simpson Manufacturing's Property Plant Equipment and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant Equipment
Short Term Investments
Short Term Investments is an item under the current assets section of Simpson Manufacturing balance sheet. It contains any investments Simpson Manufacturing undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Simpson Manufacturing can easily liquidate in the marketplace.Most indicators from Simpson Manufacturing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Simpson Manufacturing 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 Simpson Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.19, whereas Selling General Administrative is forecasted to decline to about 136.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 755.0M | 941.3M | 1.0B | 1.1B | Total Revenue | 1.6B | 2.1B | 2.2B | 2.3B |
Simpson Manufacturing fundamental ratios Correlations
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Simpson Manufacturing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Simpson Manufacturing fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.2B | 1.5B | 2.5B | 2.7B | 2.8B | |
Short Long Term Debt Total | 27.9M | 37.2M | 37.1M | 623.9M | 551.6M | 579.1M | |
Other Current Liab | 125.6M | 119.8M | 157.8M | 181.1M | 184.9M | 194.2M | |
Total Current Liabilities | 158.9M | 194.1M | 244.6M | 349.4M | 361.3M | 379.3M | |
Total Stockholder Equity | 892.0M | 980.9M | 1.2B | 1.4B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 249.0M | 301.0M | 305.3M | 419.2M | 487.4M | 511.8M | |
Net Debt | (202.3M) | (237.4M) | (264.1M) | 323.2M | 121.7M | 127.8M | |
Retained Earnings | 645.5M | 720.4M | 906.8M | 1.1B | 1.4B | 1.5B | |
Accounts Payable | 33.4M | 48.3M | 57.2M | 97.8M | 107.5M | 112.9M | |
Cash | 230.2M | 274.6M | 301.2M | 300.7M | 429.8M | 451.3M | |
Non Current Assets Total | 454.5M | 479.4M | 485.3M | 1.3B | 1.4B | 1.5B | |
Non Currrent Assets Other | 73.6M | 42.6M | 46.0M | 269.2M | 37.0M | 38.8M | |
Cash And Short Term Investments | 230.2M | 274.6M | 301.2M | 300.7M | 429.8M | 451.3M | |
Net Receivables | 139.4M | 165.1M | 231.0M | 269.1M | 284.0M | 298.2M | |
Common Stock Shares Outstanding | 44.9M | 43.8M | 43.5M | 43.0M | 42.8M | 41.8M | |
Liabilities And Stockholders Equity | 1.1B | 1.2B | 1.5B | 2.5B | 2.7B | 2.8B | |
Non Current Liabilities Total | 44.5M | 57.6M | 55.5M | 742.0M | 663.7M | 696.9M | |
Inventory | 251.9M | 283.7M | 443.8M | 556.8M | 551.6M | 579.2M | |
Other Current Assets | 19.4M | 29.6M | 22.9M | 52.6M | 47.1M | 26.9M | |
Other Stockholder Equity | 270.8M | 270.5M | 294.3M | 299.0M | 262.8M | 168.2M | |
Total Liab | 203.4M | 251.6M | 300.1M | 1.1B | 1.0B | 1.1B | |
Property Plant And Equipment Gross | 284.4M | 301.0M | 305.3M | 419.2M | 962.4M | 1.0B | |
Total Current Assets | 640.9M | 753.1M | 998.8M | 1.2B | 1.3B | 1.4B | |
Accumulated Other Comprehensive Income | (24.8M) | (10.4M) | (17.6M) | (4.1M) | (10.0M) | (10.5M) | |
Short Term Debt | 7.4M | 9.1M | 8.8M | 34.0M | 37.5M | 39.3M | |
Net Tangible Assets | 735.0M | 818.3M | 1.0B | 554.8M | 638.0M | 640.8M | |
Other Assets | 10.6M | 61.6M | 46.0M | 409.8M | 471.3M | 494.9M | |
Good Will | 131.9M | 135.8M | 134.0M | 503.7M | 502.6M | 477.4M | |
Long Term Investments | 2.5M | 2.5M | 2.5M | 2.5M | 2.8M | 1.6M | |
Intangible Assets | 25.1M | 26.8M | 26.3M | 362.9M | 365.3M | 383.6M | |
Common Stock | 442K | 433K | 432K | 425K | 426K | 404.7K | |
Property Plant Equipment | 249.0M | 255.2M | 305.3M | 419.2M | 482.1M | 506.2M | |
Common Stock Total Equity | 453K | 442K | 433K | 432K | 388.8K | 369.4K | |
Other Liab | 16.2M | 20.4M | 18.4M | 140.6M | 161.7M | 169.8M | |
Retained Earnings Total Equity | 628.2M | 645.5M | 720.4M | 906.8M | 1.0B | 724.6M | |
Capital Surpluse | 280.2M | 284.0M | 294.3M | 299.0M | 343.8M | 265.5M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Simpson Manufacturing is a strong investment it is important to analyze Simpson Manufacturing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simpson Manufacturing's future performance. For an informed investment choice regarding Simpson Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simpson Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Building Products 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 Simpson Manufacturing. If investors know Simpson 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 Simpson Manufacturing 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 (0.09) | Dividend Share 1.1 | Earnings Share 7.55 | Revenue Per Share 52.397 | Quarterly Revenue Growth 0.012 |
The market value of Simpson Manufacturing is measured differently than its book value, which is the value of Simpson that is recorded on the company's balance sheet. Investors also form their own opinion of Simpson Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Simpson Manufacturing'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 Simpson Manufacturing's market value can be influenced by many factors that don't directly affect Simpson Manufacturing'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 Simpson Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simpson Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simpson Manufacturing'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.