Sprouts Good Will vs Inventory Analysis
SFM Stock | USD 147.13 1.24 0.85% |
Sprouts Farmers financial indicator trend analysis is much more than just breaking down Sprouts Farmers Market prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprouts Farmers Market is a good investment. Please check the relationship between Sprouts Farmers Good Will and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprouts Farmers Market. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Good Will vs Inventory
Good Will vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprouts Farmers Market Good Will account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sprouts Farmers' Good Will and Inventory is 0.66. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Inventory in the same time period over historical financial statements of Sprouts Farmers Market, assuming nothing else is changed. The correlation between historical values of Sprouts Farmers' Good Will and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Sprouts Farmers Market are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Good Will i.e., Sprouts Farmers' Good Will and Inventory go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Inventory
Most indicators from Sprouts Farmers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprouts Farmers Market 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 Sprouts Farmers Market. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. As of the 22nd of November 2024, Selling General Administrative is likely to drop to about 1.1 B. In addition to that, Tax Provision is likely to drop to about 76.1 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 11.7M | 9.0M | 12.6M | 15.4M | Depreciation And Amortization | 234.1M | 244.4M | 131.9M | 127.1M |
Sprouts Farmers fundamental ratios Correlations
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Sprouts Farmers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sprouts Farmers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 119.7M | 118.2M | 116.1M | 109.1M | 103.4M | 102.5M | |
Total Assets | 2.7B | 2.8B | 2.9B | 3.1B | 3.3B | 2.1B | |
Short Long Term Debt Total | 1.7B | 1.5B | 1.5B | 1.5B | 1.7B | 963.9M | |
Other Current Liab | 48.6M | 68.7M | 49.6M | 199.1M | 98.0M | 60.3M | |
Total Current Liabilities | 416.8M | 496.1M | 513.5M | 522.4M | 546.9M | 357.0M | |
Total Stockholder Equity | 582.0M | 881.3M | 959.9M | 1.0B | 1.1B | 779.1M | |
Other Liab | 91.3M | 93.2M | 94.2M | 97.5M | 112.1M | 109.3M | |
Property Plant And Equipment Net | 1.8B | 1.8B | 1.8B | 1.8B | 2.1B | 1.1B | |
Current Deferred Revenue | (35.3M) | (34.2M) | 54.4M | 58.1M | 52.3M | 27.0M | |
Net Debt | 1.6B | 1.3B | 1.3B | 1.2B | 1.5B | 840.8M | |
Retained Earnings | (84.4M) | 203.0M | 258.8M | 320.0M | 373.6M | 392.3M | |
Accounts Payable | 261.3M | 139.3M | 145.9M | 172.9M | 179.9M | 173.5M | |
Cash | 85.3M | 169.7M | 245.3M | 293.2M | 201.8M | 123.1M | |
Non Current Assets Total | 2.3B | 2.3B | 2.4B | 2.4B | 2.7B | 1.7B | |
Non Currrent Assets Other | 11.7M | 14.7M | 13.5M | (47.2M) | 12.3M | 12.9M | |
Other Assets | 11.7M | 1.1B | 13.5M | 14.0M | 16.1M | 15.3M | |
Long Term Debt | 473.5M | 572.6M | 538M | 250M | 125M | 118.8M | |
Cash And Short Term Investments | 85.3M | 169.7M | 245.3M | 293.2M | 201.8M | 123.1M | |
Net Receivables | 15.7M | 3.3M | 4.2M | 16.1M | 53.9M | 56.6M | |
Common Stock Total Equity | 117K | 118K | 111K | 105K | 94.5K | 99.2K | |
Liabilities And Stockholders Equity | 2.7B | 2.8B | 2.9B | 3.1B | 3.3B | 2.1B | |
Non Current Liabilities Total | 1.7B | 1.4B | 1.4B | 1.5B | 1.6B | 1.0B | |
Inventory | 276.0M | 254.2M | 265.4M | 310.5M | 323.2M | 229.8M | |
Other Current Assets | 10.8M | 38.8M | 52.9M | 53.9M | 24.9M | 24.8M | |
Other Stockholder Equity | 671.0M | 686.6M | 704.7M | 726.3M | 774.8M | 711.7M | |
Total Liab | 2.1B | 1.9B | 2.0B | 2.0B | 2.2B | 1.4B | |
Property Plant And Equipment Gross | 1.8B | 1.8B | 1.8B | 1.8B | 3.1B | 3.3B | |
Total Current Assets | 387.8M | 466.0M | 567.7M | 673.8M | 603.8M | 407.3M | |
Accumulated Other Comprehensive Income | (784K) | 1.1M | (4.7M) | (8.5M) | (3.8M) | 0.0 | |
Short Term Debt | 106.9M | 273.4M | 305.7M | 136.6M | 254.6M | 267.3M | |
Intangible Assets | 196.2M | 194.8M | 185.4M | 185.0M | 208.1M | 154.6M | |
Common Stock | 117K | 118K | 111K | 105K | 101K | 100.7K | |
Property Plant Equipment | 1.8B | 726.5M | 716.0M | 722.2M | 830.6M | 718.8M | |
Net Tangible Assets | 28.5M | 327.5M | 406.0M | 492.6M | 566.5M | 594.8M | |
Capital Surpluse | 671.0M | 686.6M | 704.7M | 726.3M | 835.3M | 699.2M | |
Non Current Liabilities Other | 17.5M | 1.4B | 1.4B | 1.4B | 13.4M | 12.8M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprouts Farmers Market. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 Sprouts Farmers. If investors know Sprouts 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 Sprouts Farmers 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 0.422 | Earnings Share 3.45 | Revenue Per Share 73.652 | Quarterly Revenue Growth 0.136 | Return On Assets 0.0855 |
The market value of Sprouts Farmers Market is measured differently than its book value, which is the value of Sprouts that is recorded on the company's balance sheet. Investors also form their own opinion of Sprouts Farmers' value that differs from its market value or its book value, called intrinsic value, which is Sprouts Farmers' 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 Sprouts Farmers' market value can be influenced by many factors that don't directly affect Sprouts Farmers' 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 Sprouts Farmers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprouts Farmers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprouts Farmers' 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.