SigmaTron Total Assets vs Net Debt Analysis
SGMA Stock | USD 2.75 0.10 3.77% |
SigmaTron International financial indicator trend analysis is much more than just breaking down SigmaTron International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SigmaTron International is a good investment. Please check the relationship between SigmaTron International Total Assets and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SigmaTron International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade SigmaTron Stock refer to our How to Trade SigmaTron Stock guide.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SigmaTron International Total Assets account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SigmaTron International's Total Assets and Net Debt is 0.8. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of SigmaTron International, assuming nothing else is changed. The correlation between historical values of SigmaTron International's Total Assets and Net Debt 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 Assets of SigmaTron International are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., SigmaTron International's Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of SigmaTron International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SigmaTron International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from SigmaTron International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SigmaTron International 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 SigmaTron International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade SigmaTron Stock refer to our How to Trade SigmaTron Stock guide.The current year's Enterprise Value is expected to grow to about 100.3 M, whereas Selling General Administrative is forecasted to decline to about 16.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 44.4M | 51.5M | 33.5M | 21.3M | Total Revenue | 378.9M | 414.4M | 373.9M | 193.1M |
SigmaTron International fundamental ratios Correlations
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SigmaTron International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SigmaTron International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 176.1M | 194.2M | 293.6M | 268.6M | 223.8M | 120.5M | |
Short Long Term Debt Total | 52.6M | 58.6M | 82.7M | 105.1M | 82.7M | 86.8M | |
Other Current Liab | 7.3M | 24.0M | 7.5M | 20.0M | 24.2M | 25.4M | |
Total Current Liabilities | 70.0M | 85.3M | 132.5M | 152.3M | 145.9M | 153.2M | |
Total Stockholder Equity | 58.9M | 60.5M | 88.3M | 68.1M | 66.1M | 47.5M | |
Property Plant And Equipment Net | 33.9M | 34.2M | 46.9M | 35.8M | 41.2M | 27.4M | |
Net Debt | 45.9M | 55.1M | 79.7M | 104.2M | 80.3M | 84.3M | |
Retained Earnings | 35.2M | 36.8M | 46.6M | 26.0M | 23.6M | 26.3M | |
Accounts Payable | 55.8M | 62.7M | 96.0M | 67.6M | 50.6M | 28.4M | |
Non Current Assets Total | 45.5M | 52.6M | 74.7M | 48.2M | 47.9M | 35.0M | |
Non Currrent Assets Other | 8.3M | 14.2M | 1.2M | 8.4M | 1.3M | 1.2M | |
Net Receivables | 35.1M | 38.7M | 48.6M | 52.4M | 32.0M | 23.9M | |
Common Stock Shares Outstanding | 4.3M | 4.3M | 5.1M | 6.1M | 6.1M | 4.2M | |
Liabilities And Stockholders Equity | 176.1M | 194.2M | 293.6M | 268.6M | 223.8M | 120.5M | |
Non Current Liabilities Total | 47.2M | 48.3M | 72.8M | 48.2M | 11.8M | 11.2M | |
Inventory | 87.2M | 98.1M | 165.0M | 165.6M | 128.9M | 135.3M | |
Other Current Assets | 1.5M | 1.3M | 10.7M | 3.4M | 12.6M | 13.2M | |
Other Stockholder Equity | 23.6M | 23.8M | 41.7M | 42.0M | 42.5M | 46.1M | |
Total Liab | 117.2M | 133.6M | 205.3M | 200.5M | 157.7M | 165.6M | |
Total Current Assets | 130.6M | 141.6M | 218.9M | 220.5M | 175.9M | 184.7M | |
Short Term Debt | 6.9M | 5.8M | 16.8M | 61.6M | 76.3M | 80.1M | |
Intangible Assets | 2.4M | 2.0M | 12.4M | 1.3M | 979.2K | 930.2K | |
Cash | 6.8M | 3.5M | 3.1M | 819.1K | 2.4M | 2.9M | |
Cash And Short Term Investments | 6.8M | 3.5M | 3.1M | 819.1K | 2.4M | 2.9M | |
Property Plant And Equipment Gross | 33.9M | 47.2M | 134.7M | 35.8M | 138.7M | 145.7M | |
Other Assets | 2.0M | 1.3M | 2.8M | 1.4M | 1.7M | 1.4M | |
Long Term Debt | 38.5M | 34.8M | 60.1M | 40.5M | 3.3M | 3.2M | |
Common Stock Total Equity | 42.1K | 42.3K | 42.6K | 60.6K | 69.7K | 42.7K | |
Common Stock | 42.3K | 42.6K | 60.4K | 60.6K | 61.2K | 44.6K | |
Property Plant Equipment | 41.2M | 34.2M | 46.9M | 35.8M | 41.2M | 31.5M | |
Other Liab | 2.0M | 1.5M | 1.9M | 2.0M | 1.8M | 1.9M | |
Net Tangible Assets | 56.5M | 60.5M | 62.6M | 68.1M | 78.3M | 63.6M | |
Retained Earnings Total Equity | 34.8M | 35.2M | 36.8M | 26.0M | 30.0M | 34.2M | |
Long Term Debt Total | 45.6M | 38.5M | 34.8M | 40.5M | 46.6M | 35.9M | |
Capital Surpluse | 23.5M | 23.6M | 23.8M | 42.0M | 48.3M | 26.4M | |
Capital Lease Obligations | 11.2M | 16.0M | 15.6M | 11.8M | 13.1M | 7.8M |
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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 SigmaTron International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SigmaTron International'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 Sigmatron International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sigmatron International Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SigmaTron International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade SigmaTron Stock refer to our How to Trade SigmaTron Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Electronic Equipment, Instruments & Components 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 SigmaTron International. If investors know SigmaTron 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 SigmaTron International 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 (0.97) | Earnings Share (0.99) | Revenue Per Share 59.085 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0107 |
The market value of SigmaTron International is measured differently than its book value, which is the value of SigmaTron that is recorded on the company's balance sheet. Investors also form their own opinion of SigmaTron International's value that differs from its market value or its book value, called intrinsic value, which is SigmaTron International'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 SigmaTron International's market value can be influenced by many factors that don't directly affect SigmaTron International'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 SigmaTron International's value and its price as these two are different measures arrived at by different means. Investors typically determine if SigmaTron International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SigmaTron International'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.