Sleep Number Corp Stock Retained Earnings
| SNBR Stock | USD 15.00 0.16 1.06% |
Sleep Number Corp fundamentals help investors to digest information that contributes to Sleep Number's financial success or failures. It also enables traders to predict the movement of Sleep Stock. The fundamental analysis module provides a way to measure Sleep Number's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sleep Number stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | -458.9 M | -435.9 M | |
| Retained Earnings Total Equity | -399.2 M | -379.3 M |
Sleep | Retained Earnings |
Sleep Number Corp Company Retained Earnings Analysis
Sleep Number's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Sleep Number Retained Earnings | (458.87 M) |
Most of Sleep Number's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sleep Number Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sleep Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Sleep Number is extremely important. It helps to project a fair market value of Sleep Stock properly, considering its historical fundamentals such as Retained Earnings. Since Sleep Number's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sleep Number's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sleep Number's interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Sleep Number Corp has a Retained Earnings of (458.87 Million). This is 101.18% lower than that of the Specialty Retail sector and significantly lower than that of the Consumer Discretionary industry. The retained earnings for all United States stocks is 104.92% higher than that of the company.
Sleep Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sleep Number's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sleep Number could also be used in its relative valuation, which is a method of valuing Sleep Number by comparing valuation metrics of similar companies.Sleep Number is currently under evaluation in retained earnings category among its peers.
Sleep Number ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sleep Number's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sleep Number's managers, analysts, and investors.Environmental | Governance | Social |
Sleep Fundamentals
| Return On Asset | 0.021 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 1.26 B | |||
| Shares Outstanding | 22.37 M | |||
| Shares Owned By Insiders | 6.38 % | |||
| Shares Owned By Institutions | 89.05 % | |||
| Number Of Shares Shorted | 3.43 M | |||
| Price To Earning | 4.54 X | |||
| Price To Sales | 0.20 X | |||
| Revenue | 1.89 B | |||
| Gross Profit | 1.2 B | |||
| EBITDA | 96.98 M | |||
| Net Income | (15.29 M) | |||
| Cash And Equivalents | 1.35 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 972.65 M | |||
| Debt To Equity | 210.50 % | |||
| Current Ratio | 0.21 X | |||
| Book Value Per Share | (20.06) X | |||
| Cash Flow From Operations | (9.03 M) | |||
| Short Ratio | 7.21 X | |||
| Earnings Per Share | (1.81) X | |||
| Price To Earnings To Growth | 1.58 X | |||
| Target Price | 12.5 | |||
| Number Of Employees | 3.7 K | |||
| Beta | 2.08 | |||
| Market Capitalization | 339.14 M | |||
| Total Asset | 950.88 M | |||
| Retained Earnings | (458.87 M) | |||
| Working Capital | (729.94 M) | |||
| Current Asset | 136.67 M | |||
| Current Liabilities | 314.07 M | |||
| Net Asset | 950.88 M |
About Sleep Number Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sleep Number Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sleep Number using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sleep Number Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Sleep Number
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 Sleep Number 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 Sleep Number will appreciate offsetting losses from the drop in the long position's value.Moving against Sleep Stock
| 0.53 | VSCO | Victorias Secret | PairCorr |
| 0.53 | WRBY | Warby Parker | PairCorr |
| 0.51 | LB | LandBridge Company | PairCorr |
| 0.5 | GME | GameStop Corp Downward Rally | PairCorr |
| 0.36 | ABG | Asbury Automotive | PairCorr |
The ability to find closely correlated positions to Sleep Number could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sleep Number 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 Sleep Number - 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 Sleep Number Corp to buy it.
The correlation of Sleep Number 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 Sleep Number moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sleep Number Corp 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 Sleep Number 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.Additional Tools for Sleep Stock Analysis
When running Sleep Number's price analysis, check to measure Sleep Number'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 Sleep Number is operating at the current time. Most of Sleep Number's value examination focuses on studying past and present price action to predict the probability of Sleep Number's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Number's price. Additionally, you may evaluate how the addition of Sleep Number to your portfolios can decrease your overall portfolio volatility.