Stoneridge Financials

SRI Stock  USD 6.62  0.21  3.28%   
Based on the measurements of operating efficiency obtained from Stoneridge's historical financial statements, Stoneridge is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. As of now, Stoneridge's Inventory is increasing as compared to previous years. The Stoneridge's current Property Plant And Equipment Gross is estimated to increase to about 449.5 M, while Total Assets are projected to decrease to under 578.9 M. Key indicators impacting Stoneridge's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.230.6654
Way Up
Slightly volatile
Current Ratio1.662.409
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for Stoneridge includes many different criteria found on its balance sheet. An individual investor should monitor Stoneridge's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Stoneridge.

Cash And Equivalents

75.61 Million

  
Understanding current and past Stoneridge Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Stoneridge's financial statements are interrelated, with each one affecting the others. For example, an increase in Stoneridge's assets may result in an increase in income on the income statement.

Stoneridge Earnings Geography

Stoneridge Stock Summary

Stoneridge competes with LKQ, and Commercial Vehicle. Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan. Stoneridge operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 5000 people.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS86183P1021
CUSIP86183P102
LocationMichigan; U.S.A
Business Address39675 MacKenzie Drive,
SectorAutomobile Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.stoneridge.com
Phone248 489 9300
CurrencyUSD - US Dollar

Stoneridge Key Financial Ratios

Stoneridge Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets602.2M621.4M665.4M652.1M679.9M578.9M
Other Current Liab55.2M48.0M65.9M62.1M60.3M47.2M
Net Debt77.7M85.2M98.6M125.0M162.2M111.0M
Retained Earnings206.5M212.3M215.7M201.7M196.5M206.3M
Accounts Payable80.7M86.1M97.7M110.2M111.9M73.2M
Cash69.4M73.9M85.5M54.8M40.8M54.4M
Net Receivables138.6M136.7M150.4M158.2M166.5M123.1M
Inventory93.4M90.5M138.1M152.6M187.8M197.1M
Other Current Assets29.9M52.6M55.1M44.0M34.2M27.6M
Total Liab312.3M324.8M369.4M371.2M392.2M361.0M
Total Current Assets331.3M334.7M410.8M409.6M429.4M287.2M
Short Term Debt2.7M11.9M9.5M5.4M6.0M11.4M
Intangible Assets58.1M55.4M49.9M45.5M47.3M91.3M
Other Liab29.3M27.3M17.5M15.1M17.3M15.4M
Other Assets1.6M882K122K254.6M292.8M307.4M
Long Term Debt454K136M164.0M167.8M189.3M122.2M
Good Will35.9M39.1M36.4M34.2M35.3M67.6M
Treasury Stock(50.8M)(60.5M)(55.3M)(50.4M)(45.3M)(43.1M)
Common Stock(50.8M)(60.5M)(55.3M)(50.4M)(45.3M)(43.1M)
Net Tangible Assets195.9M202.1M209.7M201.2M231.4M133.3M
Long Term Debt Total454K136M164.0M167.8M151.0M158.6M
Capital Surpluse225.6M234.4M232.5M232.8M267.7M234.3M

Stoneridge Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense4.3M6.1M5.2M7.1M13M12.7M
Total Revenue834.3M648.0M770.5M899.9M975.8M770.5M
Gross Profit213.7M154.2M166.9M174.9M194.8M190.0M
Operating Income39.1M(4.6M)(13.1M)(3.6M)12.8M19.7M
Ebit39.1M(5.0M)17.0M(3.4M)11.4M10.8M
Ebitda70.6M27.7M50.2M30.2M45.1M46.5M
Cost Of Revenue620.6M493.8M603.6M725.0M781.0M580.5M
Income Before Tax68.4M(10.7M)12.4M(10.7M)(1.9M)(1.8M)
Net Income60.3M(8.0M)3.4M(14.1M)(5.2M)(4.9M)
Income Tax Expense8.1M(2.8M)9.0M3.4M3.3M3.7M
Research Development52.2M49.4M66.2M65.3M89.9M49.3M
Tax Provision8.1M(2.8M)9.0M3.4M3.3M3.4M
Interest Income2.7M4.6M1.5M7.9M7.1M7.5M
Net Interest Income(4.3M)(6.1M)(5.2M)(7.1M)(13M)(12.4M)

Stoneridge Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(15.7M)4M(51.3M)(20.1M)(31.6M)(30.0M)
Change In Cash(11.7M)4.5M11.6M(30.7M)(14.0M)(13.3M)
Free Cash Flow(15.0M)(3.8M)(63.3M)(24.8M)(33.6M)(31.9M)
Depreciation31.5M33.2M34.5M34.7M33.7M29.3M
Other Non Cash Items(34.3M)(2.2M)(36.0M)1.2M1.1M1.0M
Capital Expenditures39.5M32.5M27.0M31.6M38.5M30.9M
Net Income60.3M(8.0M)3.4M(14.1M)(5.2M)(4.9M)
End Period Cash Flow69.4M73.9M85.5M54.8M40.8M54.4M
Change Receivables(1.4M)4.2M(17.0M)(13.2M)(11.8M)(11.3M)
Net Borrowings27.2M14.4M25.5M(6.5M)(7.5M)(7.9M)
Change To Netincome(22.5M)(4.3M)(30.5M)1.4M1.3M1.5M
Investments(1.6M)(1.6M)17.8M2.9M(37.0M)(38.8M)

Stoneridge Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Stoneridge's current stock value. Our valuation model uses many indicators to compare Stoneridge value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Stoneridge competition to find correlations between indicators driving Stoneridge's intrinsic value. More Info.
Stoneridge is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . As of now, Stoneridge's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Stoneridge's earnings, one of the primary drivers of an investment's value.

Stoneridge's Earnings Breakdown by Geography

Stoneridge Systematic Risk

Stoneridge's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Stoneridge volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Stoneridge correlated with the market. If Beta is less than 0 Stoneridge generally moves in the opposite direction as compared to the market. If Stoneridge Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Stoneridge is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Stoneridge is generally in the same direction as the market. If Beta > 1 Stoneridge moves generally in the same direction as, but more than the movement of the benchmark.

Stoneridge Thematic Clasifications

Stoneridge is part of Automobiles and Trucks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Automobiles and Trucks industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Automobiles and TrucksView
This theme covers USA Equities from Automobiles and Trucks industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Stoneridge Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Stoneridge's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Stoneridge growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.7

As of now, Stoneridge's Price Earnings To Growth Ratio is increasing as compared to previous years.

Stoneridge November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Stoneridge help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Stoneridge. We use our internally-developed statistical techniques to arrive at the intrinsic value of Stoneridge based on widely used predictive technical indicators. In general, we focus on analyzing Stoneridge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Stoneridge's daily price indicators and compare them against related drivers.

Complementary Tools for Stoneridge Stock analysis

When running Stoneridge's price analysis, check to measure Stoneridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stoneridge is operating at the current time. Most of Stoneridge's value examination focuses on studying past and present price action to predict the probability of Stoneridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stoneridge's price. Additionally, you may evaluate how the addition of Stoneridge to your portfolios can decrease your overall portfolio volatility.
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