Sendas Short Term Investments vs Good Will 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 Short Term Investments and its Good Will 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.

Short Term Investments vs Good Will

Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sendas Distribuidora Short Term Investments account and Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sendas Distribuidora's Short Term Investments and Good Will is 0.28. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Good Will 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 Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Sendas Distribuidora SA are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Investments i.e., Sendas Distribuidora's Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 Amortization687M990M918M829.6M
Interest Income87M152M123M80.5M

Sendas Distribuidora fundamental ratios Correlations

0.790.68-0.510.710.690.110.320.76-0.670.760.040.70.750.720.470.770.60.630.790.740.240.710.79-0.210.49
0.790.84-0.620.890.98-0.110.650.99-0.921.0-0.030.920.990.970.560.980.920.880.990.980.530.970.99-0.340.48
0.680.84-0.240.870.860.090.730.78-0.730.810.490.740.840.720.870.820.640.610.840.860.380.710.840.170.27
-0.51-0.62-0.24-0.44-0.570.64-0.45-0.660.71-0.630.65-0.74-0.65-0.760.09-0.69-0.66-0.83-0.64-0.64-0.7-0.74-0.640.83-0.09
0.710.890.87-0.440.92-0.210.730.88-0.840.870.130.850.910.850.710.910.820.780.850.920.630.830.85-0.210.17
0.690.980.86-0.570.92-0.160.740.98-0.930.980.030.920.990.960.620.980.940.870.960.990.590.960.96-0.290.38
0.11-0.110.090.64-0.21-0.16-0.5-0.150.33-0.110.56-0.39-0.19-0.280.17-0.23-0.25-0.5-0.09-0.21-0.85-0.24-0.090.660.65
0.320.650.73-0.450.730.74-0.50.63-0.80.640.210.820.720.640.690.70.630.770.650.740.840.630.65-0.12-0.21
0.760.990.78-0.660.880.98-0.150.63-0.941.0-0.110.930.990.990.50.980.960.90.980.980.550.990.98-0.420.49
-0.67-0.92-0.730.71-0.84-0.930.33-0.8-0.94-0.930.09-0.98-0.95-0.93-0.55-0.95-0.94-0.97-0.91-0.95-0.74-0.94-0.910.42-0.29
0.761.00.81-0.630.870.98-0.110.641.0-0.93-0.060.920.990.980.520.980.950.890.990.980.530.980.99-0.370.51
0.04-0.030.490.650.130.030.560.21-0.110.09-0.06-0.12-0.03-0.230.75-0.08-0.24-0.29-0.02-0.01-0.28-0.22-0.020.93-0.02
0.70.920.74-0.740.850.92-0.390.820.93-0.980.92-0.120.940.930.530.940.90.980.920.940.780.930.92-0.460.23
0.750.990.84-0.650.910.99-0.190.720.99-0.950.99-0.030.940.980.591.00.930.90.981.00.60.980.98-0.340.39
0.720.970.72-0.760.850.96-0.280.640.99-0.930.98-0.230.930.980.40.980.960.930.960.970.621.00.96-0.520.41
0.470.560.870.090.710.620.170.690.5-0.550.520.750.530.590.40.560.410.360.530.610.290.410.530.480.06
0.770.980.82-0.690.910.98-0.230.70.98-0.950.98-0.080.941.00.980.560.930.910.961.00.620.980.96-0.380.36
0.60.920.64-0.660.820.94-0.250.630.96-0.940.95-0.240.90.930.960.410.930.910.90.920.620.970.9-0.520.44
0.630.880.61-0.830.780.87-0.50.770.9-0.970.89-0.290.980.90.930.360.910.910.880.890.810.920.88-0.610.21
0.790.990.84-0.640.850.96-0.090.650.98-0.910.99-0.020.920.980.960.530.960.90.880.960.510.961.0-0.330.5
0.740.980.86-0.640.920.99-0.210.740.98-0.950.98-0.010.941.00.970.611.00.920.890.960.620.970.96-0.320.34
0.240.530.38-0.70.630.59-0.850.840.55-0.740.53-0.280.780.60.620.290.620.620.810.510.620.60.51-0.56-0.39
0.710.970.71-0.740.830.96-0.240.630.99-0.940.98-0.220.930.981.00.410.980.970.920.960.970.60.96-0.50.45
0.790.990.84-0.640.850.96-0.090.650.98-0.910.99-0.020.920.980.960.530.960.90.881.00.960.510.96-0.330.5
-0.21-0.340.170.83-0.21-0.290.66-0.12-0.420.42-0.370.93-0.46-0.34-0.520.48-0.38-0.52-0.61-0.33-0.32-0.56-0.5-0.33-0.06
0.490.480.27-0.090.170.380.65-0.210.49-0.290.51-0.020.230.390.410.060.360.440.210.50.34-0.390.450.5-0.06
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Sendas Distribuidora Account Relationship Matchups

Sendas Distribuidora fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab2.0B310M709M4.7B1.3B1.4B
Total Current Liabilities13.9B8.8B8.6B16.4B16.4B10.4B
Other Liab1.6B373M217M1.1B1.2B713.9M
Net Tangible Assets2.8B373M898M(1.1B)(993.6M)(943.9M)
Retained Earnings2.3B428M1.1B2.6B3.3B1.8B
Accounts Payable9.8B5.1B6.1B9.2B12.1B7.0B
Other Assets4.4B1.2B1.1B1.3B(3.4B)(3.2B)
Net Receivables1.8B182M265M570M2.4B2.6B
Inventory5.2B3.7B4.4B6.5B6.7B4.4B
Other Stockholder Equity(2.3B)(582M)(2.0B)(2.6B)(3.3B)(3.1B)
Total Current Assets12.3B8.3B8.8B14.2B14.6B9.3B
Common Stock4.4B761M788M1.3B1.3B1.5B
Property Plant Equipment14.7B7.5B10.3B19.2B22.1B23.2B
Total Assets35.9B18.8B22.9B40.6B46.6B28.9B
Short Long Term Debt Total12.6B10.6B12.1B21.0B24.4B13.2B
Total Stockholder Equity7.1B1.3B2.8B3.9B4.6B4.2B
Property Plant And Equipment Net14.7B7.5B10.3B19.2B21.4B12.8B
Current Deferred Revenue277M227M356M328M418M293.5M
Net Debt7.5B7.1B9.5B15.1B18.9B19.9B
Cash5.0B3.5B2.6B5.8B5.5B3.9B
Non Current Assets Total23.6B10.5B14.1B26.4B32.0B18.6B
Non Currrent Assets Other205M135M1.0B1.4B5.2B5.5B
Long Term Debt7.3B5.7B7.4B11.3B13.1B7.1B
Cash And Short Term Investments5.0B3.5B2.6B5.8B5.5B3.9B
Common Stock Shares Outstanding1.3B1.3B1.4B1.4B1.4M1.3M
Liabilities And Stockholders Equity35.9B18.8B22.9B40.6B46.6B28.9B
Non Current Liabilities Total12.3B8.7B11.4B20.3B25.5B12.8B
Capital Lease Obligations3.8B2.8B4.1B8.4B9.2B4.8B
Total Liab26.2B17.5B20.1B36.7B42.0B24.3B
Net Invested Capital15.9B9.2B10.8B16.5B19.8B12.7B
Long Term Investments320M769M789M833M864M561.8M
Property Plant And Equipment Gross14.7B7.5B13.2B23.0B26.4B14.6B
Short Long Term Debt1.5B2.1B613M1.3B2.1B1.3B
Accumulated Other Comprehensive Income2.7B586M2.0B2.6B49M46.6M
Non Current Liabilities Other36M8M12M14M12.6M12.1M
Net Working Capital(1.6B)(437M)128M(2.2B)(1.8B)(1.7B)
Short Term Debt1.9B2.3B857M1.7B2.6B1.6B
Other Current Assets169M839M1.6B1.3B48M45.6M

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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.