Sonic Total Liab vs Non Currrent Assets Other Analysis

SAH Stock  USD 69.63  3.06  4.60%   
Sonic Automotive financial indicator trend analysis is much more than just breaking down Sonic Automotive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonic Automotive is a good investment. Please check the relationship between Sonic Automotive Total Liab and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. 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.
For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.

Total Liab vs Non Currrent Assets Other

Total Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonic Automotive Total Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sonic Automotive's Total Liab and Non Currrent Assets Other is 0.6. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Sonic Automotive, assuming nothing else is changed. The correlation between historical values of Sonic Automotive's Total Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Sonic Automotive are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Liab i.e., Sonic Automotive's Total Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Sonic Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonic Automotive 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. 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.
For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.As of now, Sonic Automotive's Enterprise Value Multiple is increasing as compared to previous years. The Sonic Automotive's current Enterprise Value is estimated to increase to about 3.1 B, while Selling General Administrative is projected to decrease to under 985.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.3B2.2B1.3B
Total Revenue12.4B14.0B14.4B8.5B

Sonic Automotive fundamental ratios Correlations

0.990.120.920.950.820.990.770.880.50.970.590.50.920.190.780.80.47-0.381.00.740.950.90.690.750.94
0.990.090.890.920.821.00.780.860.50.980.590.50.90.120.790.760.51-0.431.00.750.940.880.720.70.93
0.120.090.40.12-0.240.14-0.220.42-0.47-0.08-0.21-0.470.380.4-0.210.6-0.280.450.11-0.320.370.42-0.350.40.24
0.920.890.40.910.650.920.610.930.20.810.480.20.970.350.570.960.29-0.150.910.510.991.00.380.850.95
0.950.920.120.910.790.910.740.850.530.930.510.530.880.250.70.810.32-0.250.930.670.910.90.580.780.88
0.820.82-0.240.650.790.790.990.550.610.850.810.610.65-0.050.960.480.76-0.760.810.970.70.630.790.520.69
0.991.00.140.920.910.790.760.880.420.960.590.420.930.150.770.80.5-0.411.00.720.950.90.680.720.94
0.770.78-0.220.610.740.990.760.490.550.810.780.550.61-0.150.950.460.78-0.820.770.970.660.60.780.430.63
0.880.860.420.930.850.550.880.490.20.780.440.20.930.50.540.90.29-0.020.880.450.950.920.420.880.93
0.50.5-0.470.20.530.610.420.550.20.640.291.00.18-0.170.59-0.010.31-0.40.490.620.280.180.710.150.28
0.970.98-0.080.810.930.850.960.810.780.640.590.640.830.070.820.650.5-0.470.970.80.860.790.790.630.86
0.590.59-0.210.480.510.810.590.780.440.290.590.290.530.230.840.360.86-0.640.60.830.540.460.650.560.64
0.50.5-0.470.20.530.610.420.550.21.00.640.290.18-0.170.59-0.010.31-0.40.490.620.280.180.710.150.28
0.920.90.380.970.880.650.930.610.930.180.830.530.180.380.610.920.32-0.180.920.530.970.960.420.860.95
0.190.120.40.350.25-0.050.15-0.150.5-0.170.070.23-0.170.380.010.43-0.080.550.17-0.110.320.34-0.120.760.42
0.780.79-0.210.570.70.960.770.950.540.590.820.840.590.610.010.410.85-0.770.780.990.660.540.890.50.66
0.80.760.60.960.810.480.80.460.9-0.010.650.36-0.010.920.430.410.160.010.780.340.930.970.190.850.87
0.470.51-0.280.290.320.760.50.780.290.310.50.860.310.32-0.080.850.16-0.830.50.850.390.260.740.260.43
-0.38-0.430.45-0.15-0.25-0.76-0.41-0.82-0.02-0.4-0.47-0.64-0.4-0.180.55-0.770.01-0.83-0.4-0.84-0.23-0.13-0.70.09-0.21
1.01.00.110.910.930.811.00.770.880.490.970.60.490.920.170.780.780.5-0.40.740.950.890.70.730.94
0.740.75-0.320.510.670.970.720.970.450.620.80.830.620.53-0.110.990.340.85-0.840.740.590.490.880.40.6
0.950.940.370.990.910.70.950.660.950.280.860.540.280.970.320.660.930.39-0.230.950.590.980.490.840.96
0.90.880.421.00.90.630.90.60.920.180.790.460.180.960.340.540.970.26-0.130.890.490.980.350.840.93
0.690.72-0.350.380.580.790.680.780.420.710.790.650.710.42-0.120.890.190.74-0.70.70.880.490.350.280.53
0.750.70.40.850.780.520.720.430.880.150.630.560.150.860.760.50.850.260.090.730.40.840.840.280.87
0.940.930.240.950.880.690.940.630.930.280.860.640.280.950.420.660.870.43-0.210.940.60.960.930.530.87
Click cells to compare fundamentals

Sonic Automotive Account Relationship Matchups

Sonic Automotive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B3.7B5.0B5.0B5.4B3.1B
Short Long Term Debt Total2.6B2.4B3.3B3.5B3.9B2.0B
Other Current Liab277.0M242.2M261.6M304.9M330.1M393.0M
Total Current Liabilities2.1B1.8B1.9B1.8B2.3B1.5B
Total Stockholder Equity944.8M814.8M1.1B895.2M891.9M684.9M
Property Plant And Equipment Net1.5B1.5B1.9B2.0B2.1B2.2B
Net Debt2.6B2.3B3.0B3.3B3.8B2.0B
Retained Earnings790.2M721.8M1.1B1.1B1.2B1.3B
Accounts Payable135.2M105.1M133.3M138.4M149.8M94.1M
Cash29.1M170.3M299.4M229.2M28.9M54.4M
Non Current Assets Total2.1B1.9B2.9B2.8B2.8B1.5B
Non Currrent Assets Other43.6M74.2M62.5M75.3M111.8M117.4M
Cash And Short Term Investments29.1M170.3M299.4M229.2M28.9M54.4M
Net Receivables432.7M371.7M401.1M462.4M528.1M335.9M
Common Stock Shares Outstanding43.7M42.5M43.3M39.7M35.9M47.7M
Liabilities And Stockholders Equity4.1B3.7B5.0B5.0B5.4B3.1B
Non Current Liabilities Total1.1B1.1B2.0B2.2B2.2B2.3B
Inventory1.5B1.2B1.3B1.2B1.6B1.1B
Other Current Assets37.9M93.3M122.4M297.9M385.1M404.4M
Other Stockholder Equity155.9M95.9M25.2M(207.5M)(349.1M)(331.6M)
Total Liab3.1B2.9B3.9B4.1B4.5B2.4B
Property Plant And Equipment Gross1.5B1.5B2.7B2.9B3.0B3.1B
Total Current Assets2.0B1.9B2.1B2.2B2.5B1.6B
Accumulated Other Comprehensive Income(2.1M)(3.6M)(1.3M)1.6M1.8M1.9M
Short Term Debt1.7B1.5B1.5B1.4B1.8B1.2B
Common Stock763K768K777K800K920K966K
Common Stock Total Equity763K768K777K800K920K706.1K
Other Liab82.7M89.1M96M105.5M121.3M87.3M
Other Assets43.5M464.6M62.5M97.8M112.5M66.6M
Long Term Debt637.0M651.8M1.5B1.7B1.6B876.5M
Good Will475.8M214.0M416.4M231M253.8M483.8M
Treasury Stock(600.0M)(671.7M)(765M)(1.0B)(924.2M)(878.0M)
Property Plant Equipment1.1B1.1B1.5B1.6B1.8B1.9B
Net Tangible Assets745.1M895.4M580.1M727.5M836.6M878.5M
Retained Earnings Total Equity790.2M721.8M1.1B1.1B1.3B1.3B
Long Term Debt Total637.0M651.8M1.5B1.7B1.9B998.3M
Capital Surpluse755.9M767.6M790.2M819.4M942.3M809.7M

Currently Active Assets on Macroaxis

When determining whether Sonic Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonic Automotive'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 Sonic Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonic Automotive Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. 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.
For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Automotive 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 Sonic Automotive. If investors know Sonic 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 Sonic Automotive 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
0.109
Dividend Share
1.2
Earnings Share
5.64
Revenue Per Share
409.817
Quarterly Revenue Growth
(0.04)
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive'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 Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive'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 Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive'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.