SNDL Net Income vs Interest Income 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 Net Income and its Interest Income 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.
Net Income vs Interest Income
Net Income vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SNDL Inc Net Income account and Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between SNDL's Net Income and Interest Income is 0.76. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Income 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 Net Income and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of SNDL Inc are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income i.e., SNDL's Net Income and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in SNDL Inc financial statement analysis. It represents the amount of money remaining after all of SNDL Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.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 Income | 13.7M | 17.6M | 15.4M | 14.6M | Reconciled Depreciation | 9.6M | 47.3M | 64.9M | 68.2M |
SNDL fundamental ratios Correlations
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SNDL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SNDL fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 510.0M | 294.9M | 1.4B | 1.6B | 1.5B | 743.9M | |
Short Long Term Debt Total | 194.9M | 1.4M | 33.5M | 169.8M | 167.0M | 89.1M | |
Other Current Liab | 32.5M | 18.9M | (4.2M) | 49.4M | 50.6M | 53.1M | |
Total Current Liabilities | 269.2M | 24.1M | 65.9M | 89.4M | 103.1M | 87.2M | |
Total Stockholder Equity | 216.5M | 265.2M | 1.3B | 1.3B | 1.2B | 1.3B | |
Other Liab | 16.1M | 3.4M | 4.5M | 2.7M | 3.1M | 4.9M | |
Net Tangible Assets | 161.0M | 260.2M | 1.2B | 1.2B | 1.3B | 1.4B | |
Retained Earnings | (360.3M) | (564.6M) | (788.5M) | (1.1B) | (1.3B) | (1.2B) | |
Accounts Payable | 20.2M | 4.8M | 4.2M | 9.8M | 22.0M | 23.1M | |
Cash | 45.3M | 60.4M | 558.3M | 279.6M | 195.0M | 160.1M | |
Non Current Assets Total | 337.4M | 176.5M | 696.1M | 1.1B | 1.1B | 1.1B | |
Non Currrent Assets Other | (337.4M) | (173.9M) | 7.7M | 8.6M | 23.2M | 24.4M | |
Cash And Short Term Investments | 45.3M | 60.4M | 649.0M | 311.8M | 201.6M | 177.9M | |
Net Receivables | 27.6M | 15.9M | 10.9M | 22.6M | 27.1M | 14.7M | |
Common Stock Total Equity | 25.8M | 0.0 | 509.7M | 762.0M | 876.4M | 920.2M | |
Common Stock Shares Outstanding | 8.6M | 21.9M | 186.0M | 229.9M | 259.4M | 272.3M | |
Liabilities And Stockholders Equity | 510.0M | 294.9M | 1.4B | 1.6B | 1.5B | 1.5B | |
Non Current Liabilities Total | 19.6M | 1.0M | 32.3M | 142.3M | 140.7M | 147.7M | |
Capital Lease Obligations | 722K | 1.4M | 33.5M | 169.8M | 167.0M | 175.4M | |
Inventory | 74.3M | 29.1M | 33.9M | 131.3M | 129.5M | 136.0M | |
Other Current Assets | 14.3M | 13.0M | 34.4M | 35.8M | 48.7M | 51.2M | |
Other Stockholder Equity | 60.3M | 67.8M | 67.7M | 73.5M | 77.6M | 49.3M | |
Total Liab | 288.8M | 25.2M | 98.1M | 231.7M | 243.8M | 140.1M | |
Property Plant And Equipment Gross | 282.0M | 116.9M | 216.5M | 492.5M | 583.9M | 613.1M | |
Total Current Assets | 172.6M | 118.4M | 728.2M | 501.5M | 406.9M | 269.8M | |
Accumulated Other Comprehensive Income | 6.9M | 8.4M | 7.6M | 32.2M | 19.4M | 10.2M | |
Short Term Debt | 178.6M | 409K | 5.7M | 30.2M | 30.5M | 38.2M | |
Intangible Assets | 44.0M | 5.1M | 4.7M | 74.9M | 73.1M | 76.8M | |
Common Stock | 509.7M | 762.0M | 2.0B | 2.3B | 2.4B | 2.5B |
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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.