SigmaTron Total Operating Expenses vs Total Other Income Expense Net Analysis
SGMA Stock | USD 2.70 0.05 1.82% |
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 Operating Expenses and its Total Other Income Expense Net 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 Operating Expenses vs Total Other Income Expense Net
Total Operating Expenses vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SigmaTron International Total Operating Expenses account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SigmaTron International's Total Operating Expenses and Total Other Income Expense Net is -0.06. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Other Income Expense Net 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 Operating Expenses and Total Other Income Expense Net 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 Operating Expenses of SigmaTron International are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Total Operating Expenses i.e., SigmaTron International's Total Operating Expenses and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Total Other Income Expense Net
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.