Sonida Gross Profit vs Total Operating Expenses Analysis
SNDA Stock | USD 24.50 0.73 3.07% |
Sonida Senior financial indicator trend analysis is much more than just breaking down Sonida Senior Living prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonida Senior Living is a good investment. Please check the relationship between Sonida Senior Gross Profit and its Total Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonida Senior Living. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonida Senior Living Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sonida Senior's Gross Profit and Total Operating Expenses is 0.71. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Sonida Senior Living, assuming nothing else is changed. The correlation between historical values of Sonida Senior's Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Sonida Senior Living are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Sonida Senior's Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sonida Senior Living minus its cost of goods sold. It is profit before Sonida Senior operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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.Most indicators from Sonida Senior's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonida Senior Living 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 Sonida Senior Living. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At present, Sonida Senior's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.14, whereas Tax Provision is forecasted to decline to about 35.1 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 234.7M | 238.4M | 255.3M | 252.3M | Depreciation And Amortization | 268.4M | 267.7M | 39.9M | 63.5M |
Sonida Senior fundamental ratios Correlations
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Sonida Senior Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sonida Senior fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 702.8M | 728.6M | 661.3M | 621.5M | 647.5M | |
Short Long Term Debt Total | 1.2B | 909.8M | 683.7M | 671.0M | 629.4M | 494.7M | |
Other Current Liab | 46.6M | 48.9M | 37.2M | 34.1M | 35.3M | 24.2M | |
Total Current Liabilities | 129.0M | 373.1M | 120.5M | 94.3M | 100.9M | 73.8M | |
Total Stockholder Equity | 14.4M | (279.3M) | (46.8M) | (58.2M) | (66.5M) | (63.2M) | |
Property Plant And Equipment Net | 1.2B | 656.3M | 621.5M | 615.8M | 588.2M | 551.1M | |
Net Debt | 1.2B | 892.0M | 605.0M | 654.1M | 625.3M | 464.9M | |
Retained Earnings | (172.9M) | (468.3M) | (342.7M) | (397.1M) | (418.2M) | (397.3M) | |
Accounts Payable | 10.4M | 15.0M | 9.2M | 7.3M | 11.4M | 11.9M | |
Cash | 24.0M | 17.9M | 78.7M | 16.9M | 4.1M | 3.9M | |
Non Current Assets Total | 1.2B | 659.4M | 625.0M | 617.7M | 589.1M | 587.5M | |
Non Currrent Assets Other | 10.7M | 2.3M | (725.0M) | 1.8M | 936K | 982.8K | |
Cash And Short Term Investments | 24.0M | 17.9M | 78.7M | 16.9M | 4.1M | 3.9M | |
Net Receivables | 20.8M | 5.8M | 4.0M | 6.1M | 8.0M | 13.0M | |
Common Stock Shares Outstanding | 2.2M | 2.2M | 2.8M | 6.4M | 6.8M | 7.1M | |
Liabilities And Stockholders Equity | 1.3B | 702.8M | 728.6M | 661.3M | 621.5M | 647.5M | |
Non Current Liabilities Total | 1.1B | 609.0M | 654.9M | 625.1M | 587.1M | 473.7M | |
Other Current Assets | 5.3M | 19.7M | 23.5M | 20.5M | 20.2M | 21.3M | |
Other Stockholder Equity | 187.0M | 189.0M | 337.0M | 295.3M | 303.0M | 167.4M | |
Total Liab | 1.3B | 982.1M | 775.4M | 719.4M | 688.0M | 547.5M | |
Total Current Assets | 63.2M | 43.4M | 103.6M | 43.6M | 32.3M | 59.9M | |
Short Term Debt | 63.5M | 305.0M | 70.3M | 46.0M | 42.3M | 36.2M | |
Common Stock | 319K | 21K | 66K | 67K | 82K | 77.9K | |
Current Deferred Revenue | 8.4M | 4.8M | 3.6M | 4.1M | 4.0M | 3.8M | |
Inventory | 13.1M | 5.0M | 4.9M | 16.4M | 32.3M | 34.0M | |
Net Tangible Assets | 13.6M | (280.1M) | (5.6M) | (101.7M) | (91.5M) | (87.0M) | |
Other Assets | 10.7M | 3.1M | 3.5M | 1.9M | 1.8M | 1.7M | |
Long Term Debt | 905.6M | 604.7M | 613.3M | 625.0M | 587.1M | 598.1M | |
Capital Lease Obligations | 48.8M | 266.4M | 954K | 566K | 509.4K | 483.9K | |
Net Invested Capital | 935.8M | 629.6M | 636.3M | 569.3M | 514.3M | 609.5M | |
Short Long Term Debt | 15.8M | 304.2M | 69.8M | 46.0M | 42.3M | 80.5M | |
Net Working Capital | (65.8M) | (329.7M) | (16.9M) | (50.8M) | (68.5M) | (71.9M) | |
Property Plant Equipment | 1.2B | 655.5M | 621.2M | 615.8M | 554.2M | 699.1M | |
Capital Stock | 319K | 21K | 66K | 67K | 48.6M | 51.1M |
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 Sonida Senior Living offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonida Senior'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 Sonida Senior Living Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonida Senior Living Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonida Senior Living. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Health Care Equipment & Supplies 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 Sonida Senior. If investors know Sonida 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 Sonida Senior 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 (0.22) | Earnings Share (2.36) | Revenue Per Share 26.27 | Quarterly Revenue Growth 0.11 | Return On Assets (0.01) |
The market value of Sonida Senior Living is measured differently than its book value, which is the value of Sonida that is recorded on the company's balance sheet. Investors also form their own opinion of Sonida Senior's value that differs from its market value or its book value, called intrinsic value, which is Sonida Senior'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 Sonida Senior's market value can be influenced by many factors that don't directly affect Sonida Senior'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 Sonida Senior's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonida Senior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonida Senior'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.