Sendas Net Working Capital vs Short Term Investments Analysis
ASAI Stock | USD 6.21 0.20 3.33% |
Sendas Distribuidora financial indicator trend analysis is much more than just breaking down Sendas Distribuidora prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sendas Distribuidora is a good investment. Please check the relationship between Sendas Distribuidora Net Working Capital and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sendas Distribuidora SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Working Capital vs Short Term Investments
Net Working Capital vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sendas Distribuidora Net Working Capital account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sendas Distribuidora's Net Working Capital and Short Term Investments is 0.23. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Sendas Distribuidora SA, assuming nothing else is changed. The correlation between historical values of Sendas Distribuidora's Net Working Capital 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 Net Working Capital of Sendas Distribuidora SA 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 Net Working Capital i.e., Sendas Distribuidora's Net Working Capital and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Working Capital
Short Term Investments
Short Term Investments is an item under the current assets section of Sendas Distribuidora balance sheet. It contains any investments Sendas Distribuidora SA undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Sendas Distribuidora can easily liquidate in the marketplace.Most indicators from Sendas Distribuidora's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sendas Distribuidora 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Sendas Distribuidora SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of now, Sendas Distribuidora's Discontinued Operations is increasing as compared to previous years. The Sendas Distribuidora's current Sales General And Administrative To Revenue is estimated to increase to 0.02, while Tax Provision is forecasted to increase to (148.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 687M | 990M | 918M | 829.6M | Interest Income | 87M | 152M | 123M | 80.5M |
Sendas Distribuidora fundamental ratios Correlations
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Sendas Distribuidora Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sendas Distribuidora fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 2.0B | 310M | 709M | 4.7B | 1.3B | 1.4B | |
Total Current Liabilities | 13.9B | 8.8B | 8.6B | 16.4B | 16.4B | 10.4B | |
Other Liab | 1.6B | 373M | 217M | 1.1B | 1.2B | 713.9M | |
Net Tangible Assets | 2.8B | 373M | 898M | (1.1B) | (993.6M) | (943.9M) | |
Retained Earnings | 2.3B | 428M | 1.1B | 2.6B | 3.3B | 1.8B | |
Accounts Payable | 9.8B | 5.1B | 6.1B | 9.2B | 12.1B | 7.0B | |
Other Assets | 4.4B | 1.2B | 1.1B | 1.3B | (3.4B) | (3.2B) | |
Net Receivables | 1.8B | 182M | 265M | 570M | 2.4B | 2.6B | |
Inventory | 5.2B | 3.7B | 4.4B | 6.5B | 6.7B | 4.4B | |
Other Stockholder Equity | (2.3B) | (582M) | (2.0B) | (2.6B) | (3.3B) | (3.1B) | |
Total Current Assets | 12.3B | 8.3B | 8.8B | 14.2B | 14.6B | 9.3B | |
Common Stock | 4.4B | 761M | 788M | 1.3B | 1.3B | 1.5B | |
Property Plant Equipment | 14.7B | 7.5B | 10.3B | 19.2B | 22.1B | 23.2B | |
Total Assets | 35.9B | 18.8B | 22.9B | 40.6B | 46.6B | 28.9B | |
Short Long Term Debt Total | 12.6B | 10.6B | 12.1B | 21.0B | 24.4B | 13.2B | |
Total Stockholder Equity | 7.1B | 1.3B | 2.8B | 3.9B | 4.6B | 4.2B | |
Property Plant And Equipment Net | 14.7B | 7.5B | 10.3B | 19.2B | 21.4B | 12.8B | |
Current Deferred Revenue | 277M | 227M | 356M | 328M | 418M | 293.5M | |
Net Debt | 7.5B | 7.1B | 9.5B | 15.1B | 18.9B | 19.9B | |
Cash | 5.0B | 3.5B | 2.6B | 5.8B | 5.5B | 3.9B | |
Non Current Assets Total | 23.6B | 10.5B | 14.1B | 26.4B | 32.0B | 18.6B | |
Non Currrent Assets Other | 205M | 135M | 1.0B | 1.4B | 5.2B | 5.5B | |
Long Term Debt | 7.3B | 5.7B | 7.4B | 11.3B | 13.1B | 7.1B | |
Cash And Short Term Investments | 5.0B | 3.5B | 2.6B | 5.8B | 5.5B | 3.9B | |
Common Stock Shares Outstanding | 1.3B | 1.3B | 1.4B | 1.4B | 1.4M | 1.3M | |
Liabilities And Stockholders Equity | 35.9B | 18.8B | 22.9B | 40.6B | 46.6B | 28.9B | |
Non Current Liabilities Total | 12.3B | 8.7B | 11.4B | 20.3B | 25.5B | 12.8B | |
Capital Lease Obligations | 3.8B | 2.8B | 4.1B | 8.4B | 9.2B | 4.8B | |
Total Liab | 26.2B | 17.5B | 20.1B | 36.7B | 42.0B | 24.3B | |
Net Invested Capital | 15.9B | 9.2B | 10.8B | 16.5B | 19.8B | 12.7B | |
Long Term Investments | 320M | 769M | 789M | 833M | 864M | 561.8M | |
Property Plant And Equipment Gross | 14.7B | 7.5B | 13.2B | 23.0B | 26.4B | 14.6B | |
Short Long Term Debt | 1.5B | 2.1B | 613M | 1.3B | 2.1B | 1.3B | |
Accumulated Other Comprehensive Income | 2.7B | 586M | 2.0B | 2.6B | 49M | 46.6M | |
Non Current Liabilities Other | 36M | 8M | 12M | 14M | 12.6M | 12.1M | |
Net Working Capital | (1.6B) | (437M) | 128M | (2.2B) | (1.8B) | (1.7B) | |
Short Term Debt | 1.9B | 2.3B | 857M | 1.7B | 2.6B | 1.6B | |
Other Current Assets | 169M | 839M | 1.6B | 1.3B | 48M | 45.6M |
Currently Active Assets on Macroaxis
When determining whether Sendas Distribuidora offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sendas Distribuidora's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sendas Distribuidora Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sendas Distribuidora Sa Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sendas Distribuidora SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 Sendas Distribuidora. If investors know Sendas 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 Sendas Distribuidora 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 (0.16) | Earnings Share 0.41 | Revenue Per Share 266.655 | Quarterly Revenue Growth 0.092 | Return On Assets 0.0532 |
The market value of Sendas Distribuidora is measured differently than its book value, which is the value of Sendas that is recorded on the company's balance sheet. Investors also form their own opinion of Sendas Distribuidora's value that differs from its market value or its book value, called intrinsic value, which is Sendas Distribuidora'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 Sendas Distribuidora's market value can be influenced by many factors that don't directly affect Sendas Distribuidora'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 Sendas Distribuidora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sendas Distribuidora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sendas Distribuidora'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.