SNDL Income Tax Expense vs Ebit Analysis

SNDL Stock  USD 1.98  0.02  1.02%   
SNDL financial indicator trend analysis is much more than just breaking down SNDL Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SNDL Inc is a good investment. Please check the relationship between SNDL Income Tax Expense and its Ebit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SNDL Inc. 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.

Income Tax Expense vs Ebit

Income Tax Expense vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SNDL Inc Income Tax Expense account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SNDL's Income Tax Expense and Ebit is -0.3. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebit in the same time period over historical financial statements of SNDL Inc, assuming nothing else is changed. The correlation between historical values of SNDL's Income Tax Expense and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of SNDL Inc are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Tax Expense i.e., SNDL's Income Tax Expense and Ebit go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Ebit

Most indicators from SNDL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SNDL Inc 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 SNDL Inc. 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 this time, SNDL's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to grow at the current pace this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
 2021 2022 2023 2024 (projected)
Interest Income13.7M17.6M15.4M14.6M
Reconciled Depreciation9.6M47.3M64.9M68.2M

SNDL fundamental ratios Correlations

0.710.680.50.950.920.63-0.56-0.910.570.870.910.020.850.780.850.890.40.810.790.890.880.750.840.950.24
0.710.810.880.60.590.910.13-0.690.850.360.72-0.390.340.890.640.590.540.710.660.670.720.990.790.550.76
0.680.810.60.710.740.730.1-0.860.850.290.86-0.20.260.850.790.770.330.910.880.820.740.790.940.480.47
0.50.880.60.40.380.790.15-0.480.790.290.5-0.710.270.820.550.330.50.410.330.480.650.90.590.430.95
0.950.60.710.40.990.53-0.59-0.950.60.860.970.140.840.70.890.970.360.880.870.960.820.650.890.920.14
0.920.590.740.380.990.53-0.54-0.960.650.810.980.160.790.690.890.990.360.910.90.980.80.640.920.880.13
0.630.910.730.790.530.530.19-0.660.830.310.63-0.380.280.830.620.510.810.620.590.60.70.920.690.470.63
-0.560.130.10.15-0.59-0.540.190.380.19-0.86-0.38-0.28-0.88-0.08-0.43-0.470.07-0.18-0.19-0.42-0.40.04-0.19-0.750.33
-0.91-0.69-0.86-0.48-0.95-0.96-0.660.38-0.74-0.7-0.980.01-0.68-0.82-0.96-0.95-0.44-0.92-0.91-0.98-0.89-0.73-0.96-0.82-0.24
0.570.850.850.790.60.650.830.19-0.740.270.74-0.320.240.80.70.650.590.740.70.760.670.860.840.430.67
0.870.360.290.290.860.810.31-0.86-0.70.270.710.111.00.480.710.740.310.520.510.730.710.450.560.970.04
0.910.720.860.50.970.980.63-0.38-0.980.740.710.060.690.780.90.980.370.960.950.980.830.750.970.830.27
0.02-0.39-0.2-0.710.140.16-0.38-0.280.01-0.320.110.060.12-0.52-0.240.25-0.180.170.240.04-0.38-0.42-0.060.02-0.8
0.850.340.260.270.840.790.28-0.88-0.680.241.00.690.120.460.690.720.290.50.490.710.690.430.530.960.03
0.780.890.850.820.70.690.83-0.08-0.820.80.480.78-0.520.460.860.650.460.70.660.770.930.910.840.660.67
0.850.640.790.550.890.890.62-0.43-0.960.70.710.9-0.240.690.860.840.420.790.760.930.960.70.890.810.33
0.890.590.770.330.970.990.51-0.47-0.950.650.740.980.250.720.650.840.320.950.950.970.740.620.920.820.09
0.40.540.330.50.360.360.810.07-0.440.590.310.37-0.180.290.460.420.320.320.310.390.460.590.370.360.32
0.810.710.910.410.880.910.62-0.18-0.920.740.520.960.170.50.70.790.950.321.00.920.690.70.960.660.21
0.790.660.880.330.870.90.59-0.19-0.910.70.510.950.240.490.660.760.950.311.00.910.660.650.940.640.13
0.890.670.820.480.960.980.6-0.42-0.980.760.730.980.040.710.770.930.970.390.920.910.840.710.960.830.25
0.880.720.740.650.820.80.7-0.4-0.890.670.710.83-0.380.690.930.960.740.460.690.660.840.780.820.830.43
0.750.990.790.90.650.640.920.04-0.730.860.450.75-0.420.430.910.70.620.590.70.650.710.780.80.620.76
0.840.790.940.590.890.920.69-0.19-0.960.840.560.97-0.060.530.840.890.920.370.960.940.960.820.80.710.4
0.950.550.480.430.920.880.47-0.75-0.820.430.970.830.020.960.660.810.820.360.660.640.830.830.620.710.18
0.240.760.470.950.140.130.630.33-0.240.670.040.27-0.80.030.670.330.090.320.210.130.250.430.760.40.18
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SNDL Account Relationship Matchups

SNDL fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets510.0M294.9M1.4B1.6B1.5B743.9M
Short Long Term Debt Total194.9M1.4M33.5M169.8M167.0M89.1M
Other Current Liab32.5M18.9M(4.2M)49.4M50.6M53.1M
Total Current Liabilities269.2M24.1M65.9M89.4M103.1M87.2M
Total Stockholder Equity216.5M265.2M1.3B1.3B1.2B1.3B
Other Liab16.1M3.4M4.5M2.7M3.1M4.9M
Net Tangible Assets161.0M260.2M1.2B1.2B1.3B1.4B
Retained Earnings(360.3M)(564.6M)(788.5M)(1.1B)(1.3B)(1.2B)
Accounts Payable20.2M4.8M4.2M9.8M22.0M23.1M
Cash45.3M60.4M558.3M279.6M195.0M160.1M
Non Current Assets Total337.4M176.5M696.1M1.1B1.1B1.1B
Non Currrent Assets Other(337.4M)(173.9M)7.7M8.6M23.2M24.4M
Cash And Short Term Investments45.3M60.4M649.0M311.8M201.6M177.9M
Net Receivables27.6M15.9M10.9M22.6M27.1M14.7M
Common Stock Total Equity25.8M0.0509.7M762.0M876.4M920.2M
Common Stock Shares Outstanding8.6M21.9M186.0M229.9M259.4M272.3M
Liabilities And Stockholders Equity510.0M294.9M1.4B1.6B1.5B1.5B
Non Current Liabilities Total19.6M1.0M32.3M142.3M140.7M147.7M
Capital Lease Obligations722K1.4M33.5M169.8M167.0M175.4M
Inventory74.3M29.1M33.9M131.3M129.5M136.0M
Other Current Assets14.3M13.0M34.4M35.8M48.7M51.2M
Other Stockholder Equity60.3M67.8M67.7M73.5M77.6M49.3M
Total Liab288.8M25.2M98.1M231.7M243.8M140.1M
Property Plant And Equipment Gross282.0M116.9M216.5M492.5M583.9M613.1M
Total Current Assets172.6M118.4M728.2M501.5M406.9M269.8M
Accumulated Other Comprehensive Income6.9M8.4M7.6M32.2M19.4M10.2M
Short Term Debt178.6M409K5.7M30.2M30.5M38.2M
Intangible Assets44.0M5.1M4.7M74.9M73.1M76.8M
Common Stock509.7M762.0M2.0B2.3B2.4B2.5B

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When determining whether SNDL Inc is a strong investment it is important to analyze SNDL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SNDL's future performance. For an informed investment choice regarding SNDL Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SNDL Inc. 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 Pharmaceuticals 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 SNDL. If investors know SNDL 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 SNDL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.30)
Revenue Per Share
3.461
Quarterly Revenue Growth
(0)
Return On Assets
(0.02)
Return On Equity
(0.09)
The market value of SNDL Inc is measured differently than its book value, which is the value of SNDL that is recorded on the company's balance sheet. Investors also form their own opinion of SNDL's value that differs from its market value or its book value, called intrinsic value, which is SNDL'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 SNDL's market value can be influenced by many factors that don't directly affect SNDL'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 SNDL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SNDL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SNDL'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.