Scotts Net Working Capital from 2010 to 2024

SMG Stock  USD 81.73  3.87  4.97%   
Scotts Miracle's Net Working Capital is increasing over the last several years with slightly volatile swings. Net Working Capital is predicted to flatten to about 600.8 M. During the period from 2010 to 2024 Scotts Miracle Gro Net Working Capital regressed destribution of quarterly values had coefficient of variationof  49.38 and r-value of  0.67. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
717.7 M
Current Value
600.8 M
Quarterly Volatility
235.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Scotts Miracle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scotts Miracle's main balance sheet or income statement drivers, such as Depreciation And Amortization of 67 M, Total Revenue of 2.5 B or Gross Profit of 845.1 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0257 or Days Sales Outstanding of 17.26. Scotts financial statements analysis is a perfect complement when working with Scotts Miracle Valuation or Volatility modules.
  
Check out the analysis of Scotts Miracle Correlation against competitors.

Latest Scotts Miracle's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Scotts Miracle Gro over the last few years. It is Scotts Miracle's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Scotts Miracle's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Scotts Net Working Capital Regression Statistics

Arithmetic Mean477,667,952
Geometric Mean434,177,835
Coefficient Of Variation49.38
Mean Deviation194,117,270
Median337,200,000
Standard Deviation235,869,524
Sample Variance55634.4T
Range751.8M
R-Value0.67
Mean Square Error33166.2T
R-Squared0.45
Significance0.01
Slope35,240,071
Total Sum of Squares778882T

Scotts Net Working Capital History

2024600.8 M
2023717.7 M
2022624.1 M
2021B
2020883.6 M
2019266.2 M
2018421.2 M

About Scotts Miracle Financial Statements

Scotts Miracle stakeholders use historical fundamental indicators, such as Scotts Miracle's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Scotts Miracle investors may analyze each financial statement separately, they are all interrelated. For example, changes in Scotts Miracle's assets and liabilities are reflected in the revenues and expenses on Scotts Miracle's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Scotts Miracle Gro. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital717.7 M600.8 M

Currently Active Assets on Macroaxis

When determining whether Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle'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 Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:
Check out the analysis of Scotts Miracle Correlation against competitors.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Fertilizers & Agricultural Chemicals 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 Scotts Miracle. If investors know Scotts 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 Scotts Miracle 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
1.961
Dividend Share
2.64
Earnings Share
(0.61)
Revenue Per Share
62.548
Quarterly Revenue Growth
0.107
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle'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 Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle'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 Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle'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.