Superior Change In Cash vs Depreciation Analysis
SGC Stock | USD 16.64 0.18 1.09% |
Superior Uniform financial indicator trend analysis is much more than just breaking down Superior Uniform prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Superior Uniform is a good investment. Please check the relationship between Superior Uniform Change In Cash and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Uniform Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Change In Cash vs Depreciation
Change In Cash vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Superior Uniform Change In Cash account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Superior Uniform's Change In Cash and Depreciation is 0.48. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of Superior Uniform Group, assuming nothing else is changed. The correlation between historical values of Superior Uniform's Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Superior Uniform Group are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., Superior Uniform's Change In Cash and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Change In Cash
Depreciation
Depreciation indicates how much of Superior Uniform value has been used up. For tax purposes Superior Uniform can deduct the cost of the tangible assets it purchases as business expenses. However, Superior Uniform Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Superior Uniform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Superior Uniform 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 Superior Uniform Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. The current year's Selling General Administrative is expected to grow to about 193.3 M, whereas Tax Provision is projected to grow to (610.9 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 186.0M | 193.4M | 203.5M | 213.7M | Total Revenue | 537.0M | 578.8M | 543.3M | 570.5M |
Superior Uniform fundamental ratios Correlations
Click cells to compare fundamentals
Superior Uniform Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Superior Uniform fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 358.9M | 393.9M | 470.2M | 456.9M | 422.5M | 443.6M | |
Short Long Term Debt Total | 123.0M | 89.3M | 119.9M | 159.3M | 110.5M | 116.0M | |
Other Current Liab | 17.6M | 44.1M | 32.6M | 34.0M | 35.8M | 37.6M | |
Total Current Liabilities | 69.4M | 104.9M | 111.1M | 85.2M | 100.6M | 105.6M | |
Total Stockholder Equity | 157.6M | 191.6M | 227.0M | 192.6M | 197.6M | 207.5M | |
Property Plant And Equipment Net | 38.3M | 40.5M | 57.9M | 60.5M | 64.8M | 68.0M | |
Net Debt | 114.0M | 84.1M | 110.9M | 141.5M | 90.6M | 95.2M | |
Retained Earnings | 107.6M | 142.0M | 163.8M | 123.0M | 122.5M | 74.5M | |
Cash | 9.0M | 5.2M | 8.9M | 17.7M | 19.9M | 20.9M | |
Non Current Assets Total | 147.2M | 145.5M | 171.0M | 139.0M | 143.1M | 150.2M | |
Non Currrent Assets Other | 10.1M | 10.1M | 13.2M | 12.0M | 14.8M | 15.5M | |
Cash And Short Term Investments | 9.0M | 5.2M | 8.9M | 17.7M | 19.9M | 20.9M | |
Net Receivables | 119.4M | 142.5M | 150.6M | 161.1M | 152.5M | 160.1M | |
Common Stock Shares Outstanding | 15.3M | 15.5M | 16.1M | 15.8M | 16.2M | 12.4M | |
Liabilities And Stockholders Equity | 358.9M | 393.9M | 470.2M | 456.9M | 422.5M | 443.6M | |
Non Current Liabilities Total | 132.0M | 97.4M | 132.1M | 179.2M | 124.2M | 130.4M | |
Inventory | 73.4M | 89.8M | 120.6M | 125.0M | 98.1M | 55.5M | |
Other Current Assets | 9.9M | 11.0M | 19.2M | 14.2M | 8.9M | 4.5M | |
Other Stockholder Equity | 57.4M | 61.8M | 69.4M | 72.6M | 77.4M | 81.3M | |
Total Liab | 201.4M | 202.3M | 243.3M | 264.3M | 224.8M | 236.1M | |
Property Plant And Equipment Gross | 38.3M | 40.5M | 57.9M | 60.5M | 135.9M | 142.7M | |
Total Current Assets | 211.7M | 248.5M | 299.3M | 318.0M | 279.4M | 293.3M | |
Accumulated Other Comprehensive Income | (7.5M) | (12.2M) | (6.2M) | (3.0M) | (2.3M) | (2.4M) | |
Short Term Debt | 16.6M | 16.4M | 17.4M | 6.9M | 8.9M | 9.4M | |
Intangible Assets | 62.5M | 58.7M | 60.4M | 55.8M | 51.2M | 53.7M | |
Accounts Payable | 33.3M | 39.3M | 52.3M | 42.1M | 50.5M | 53.0M | |
Other Assets | 10.1M | 14.0M | 13.2M | 22.7M | 1.0 | 0.95 | |
Long Term Debt | 104.0M | 72.4M | 100.8M | 151.6M | 88.8M | 93.2M | |
Property Plant Equipment | 32.8M | 36.6M | 57.9M | 51.4M | 59.1M | 62.1M | |
Other Liab | 25.6M | 23.5M | 29.3M | 23.6M | 27.2M | 15.9M | |
Net Tangible Assets | 61.1M | 98.4M | 124.9M | 196.5M | 226.0M | 237.3M | |
Retained Earnings Total Equity | 107.6M | 142.0M | 163.8M | 123.0M | 141.4M | 92.1M | |
Long Term Debt Total | 104.0M | 72.4M | 100.8M | 151.6M | 174.3M | 183.0M | |
Capital Surpluse | 57.4M | 61.8M | 69.4M | 72.6M | 83.5M | 50.9M | |
Deferred Long Term Liab | 8.5M | 7.0M | 450K | 359K | 412.9K | 392.2K | |
Non Current Liabilities Other | 18.6M | 23.0M | 11.8M | 23.6M | 9.3M | 17.1M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Superior Uniform offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Superior Uniform'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 Superior Uniform Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Superior Uniform Group Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Uniform Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Apparel, Accessories & Luxury Goods 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 Superior Uniform. If investors know Superior 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 Superior Uniform 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 0.737 | Dividend Share 0.56 | Earnings Share 0.82 | Revenue Per Share 35.267 | Quarterly Revenue Growth 0.1 |
The market value of Superior Uniform is measured differently than its book value, which is the value of Superior that is recorded on the company's balance sheet. Investors also form their own opinion of Superior Uniform's value that differs from its market value or its book value, called intrinsic value, which is Superior Uniform'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 Superior Uniform's market value can be influenced by many factors that don't directly affect Superior Uniform'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 Superior Uniform's value and its price as these two are different measures arrived at by different means. Investors typically determine if Superior Uniform is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Superior Uniform'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.