Schneider Retained Earnings vs Net Receivables Analysis

SNDR Stock

USD 31.41 0.25 0.80%

Schneider National financial indicator trend analysis is much more than just breaking down Schneider National prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Schneider National is a good investment. Please check the relationship between Schneider National Retained Earnings and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schneider National. 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.

To learn how to invest in Schneider Stock, please use our How to Invest in Schneider National guide.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Schneider National Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Schneider National's Retained Earnings and Net Receivables is 0.7. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Schneider National, assuming nothing else is changed. The correlation between historical values of Schneider National's Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Schneider National are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Schneider National's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Receivables

Most indicators from Schneider National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Schneider National 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 Schneider National. 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.

To learn how to invest in Schneider Stock, please use our How to Invest in Schneider National guide.At this time, Schneider National's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value Over EBITDA is likely to grow to 7.27, while Tax Provision is likely to drop slightly above 82.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	761.5M	920.5M	445.1M	592.9M
Total Revenue	5.6B	6.6B	5.5B	5.2B

Gross Profit Total Revenue

Schneider National fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets
Common Stock Shares Outstanding		0.56	-0.56	0.21	0.48	0.52	0.45	0.48	0.53	0.12	-0.45	0.79	0.5	0.01	0.52	-0.12	0.1	-0.59	0.0	0.47	0.43	0.44	0.5	-0.7	0.15	0.25
Total Assets	0.56		-0.79	0.25	0.83	0.99	0.72	0.97	0.99	0.41	-0.71	0.9	0.83	0.4	0.98	-0.16	0.35	-0.95	0.37	0.75	0.94	0.95	0.36	-0.62	0.48	0.41
Short Long Term Debt Total	-0.56	-0.79		0.07	-0.47	-0.87	-0.26	-0.87	-0.72	-0.63	0.88	-0.82	-0.7	-0.48	-0.74	0.25	-0.54	0.88	-0.42	-0.67	-0.65	-0.78	-0.03	0.88	-0.05	-0.3
Other Current Liab	0.21	0.25	0.07		0.63	0.13	0.66	0.14	0.28	-0.32	0.12	0.21	0.37	-0.17	0.31	-0.08	0.25	-0.33	-0.23	0.15	0.34	0.05	0.44	0.08	0.04	0.04
Total Current Liabilities	0.48	0.83	-0.47	0.63		0.75	0.84	0.73	0.84	0.12	-0.4	0.68	0.89	0.18	0.84	-0.03	0.39	-0.8	0.14	0.75	0.87	0.73	0.41	-0.41	0.28	0.19
Total Stockholder Equity	0.52	0.99	-0.87	0.13	0.75		0.61	0.99	0.96	0.5	-0.79	0.89	0.81	0.47	0.96	-0.19	0.38	-0.95	0.44	0.73	0.91	0.96	0.26	-0.68	0.42	0.42
Other Liab	0.45	0.72	-0.26	0.66	0.84	0.61		0.6	0.79	-0.07	-0.16	0.62	0.6	-0.03	0.78	-0.07	0.22	-0.62	-0.04	0.53	0.76	0.6	0.66	-0.09	0.59	0.11
Net Tangible Assets	0.48	0.97	-0.87	0.14	0.73	0.99	0.6		0.95	0.46	-0.76	0.88	0.8	0.43	0.96	-0.14	0.39	-0.95	0.39	0.74	0.92	0.94	0.29	-0.66	0.41	0.39
Property Plant And Equipment Net	0.53	0.99	-0.72	0.28	0.84	0.96	0.79	0.95		0.36	-0.6	0.89	0.8	0.27	1.0	-0.15	0.27	-0.9	0.25	0.75	0.97	0.92	0.42	-0.53	0.58	0.33
Current Deferred Revenue	0.12	0.41	-0.63	-0.32	0.12	0.5	-0.07	0.46	0.36		-0.61	0.41	0.31	0.44	0.36	-0.75	0.29	-0.46	0.42	0.45	0.27	0.37	-0.39	-0.53	-0.07	-0.01
Net Debt	-0.45	-0.71	0.88	0.12	-0.4	-0.79	-0.16	-0.76	-0.6	-0.61		-0.64	-0.6	-0.82	-0.59	0.27	-0.57	0.78	-0.79	-0.45	-0.49	-0.77	0.13	0.77	0.02	-0.58
Retained Earnings	0.79	0.9	-0.82	0.21	0.68	0.89	0.62	0.88	0.89	0.41	-0.64		0.71	0.17	0.9	-0.26	0.19	-0.89	0.15	0.7	0.83	0.79	0.46	-0.74	0.43	0.33
Accounts Payable	0.5	0.83	-0.7	0.37	0.89	0.81	0.6	0.8	0.8	0.31	-0.6	0.71		0.28	0.81	0.02	0.53	-0.84	0.22	0.87	0.81	0.78	0.18	-0.66	0.08	0.15
Cash	0.01	0.4	-0.48	-0.17	0.18	0.47	-0.03	0.43	0.27	0.44	-0.82	0.17	0.28		0.25	-0.21	0.48	-0.43	0.99	0.06	0.17	0.52	-0.34	-0.34	-0.11	0.67
Non Current Assets Total	0.52	0.98	-0.74	0.31	0.84	0.96	0.78	0.96	1.0	0.36	-0.59	0.9	0.81	0.25		-0.15	0.3	-0.92	0.22	0.76	0.98	0.91	0.42	-0.55	0.54	0.3
Non Currrent Assets Other	-0.12	-0.16	0.25	-0.08	-0.03	-0.19	-0.07	-0.14	-0.15	-0.75	0.27	-0.26	0.02	-0.21	-0.15		-0.13	0.24	-0.2	-0.06	-0.04	-0.02	0.22	0.18	-0.01	0.02
Other Assets	0.1	0.35	-0.54	0.25	0.39	0.38	0.22	0.39	0.27	0.29	-0.57	0.19	0.53	0.48	0.3	-0.13		-0.53	0.4	0.4	0.25	0.4	-0.28	-0.43	-0.39	-0.04
Long Term Debt	-0.59	-0.95	0.88	-0.33	-0.8	-0.95	-0.62	-0.95	-0.9	-0.46	0.78	-0.89	-0.84	-0.43	-0.92	0.24	-0.53		-0.38	-0.74	-0.87	-0.87	-0.27	0.75	-0.23	-0.37
Cash And Short Term Investments	0.0	0.37	-0.42	-0.23	0.14	0.44	-0.04	0.39	0.25	0.42	-0.79	0.15	0.22	0.99	0.22	-0.2	0.4	-0.38		0.02	0.15	0.5	-0.32	-0.28	-0.06	0.67
Net Receivables	0.47	0.75	-0.67	0.15	0.75	0.73	0.53	0.74	0.75	0.45	-0.45	0.7	0.87	0.06	0.76	-0.06	0.4	-0.74	0.02		0.77	0.68	0.24	-0.64	0.07	-0.2
Good Will	0.43	0.94	-0.65	0.34	0.87	0.91	0.76	0.92	0.97	0.27	-0.49	0.83	0.81	0.17	0.98	-0.04	0.25	-0.87	0.15	0.77		0.88	0.42	-0.5	0.53	0.25
Common Stock Total Equity	0.44	0.95	-0.78	0.05	0.73	0.96	0.6	0.94	0.92	0.37	-0.77	0.79	0.78	0.52	0.91	-0.02	0.4	-0.87	0.5	0.68	0.88		0.2	-0.6	0.47	0.46
Short Term Investments	0.5	0.36	-0.03	0.44	0.41	0.26	0.66	0.29	0.42	-0.39	0.13	0.46	0.18	-0.34	0.42	0.22	-0.28	-0.27	-0.32	0.24	0.42	0.2		0.05	0.48	0.08
Non Current Liabilities Total	-0.7	-0.62	0.88	0.08	-0.41	-0.68	-0.09	-0.66	-0.53	-0.53	0.77	-0.74	-0.66	-0.34	-0.55	0.18	-0.43	0.75	-0.28	-0.64	-0.5	-0.6	0.05		0.17	-0.23
Inventory	0.15	0.48	-0.05	0.04	0.28	0.42	0.59	0.41	0.58	-0.07	0.02	0.43	0.08	-0.11	0.54	-0.01	-0.39	-0.23	-0.06	0.07	0.53	0.47	0.48	0.17		0.3
Other Current Assets	0.25	0.41	-0.3	0.04	0.19	0.42	0.11	0.39	0.33	-0.01	-0.58	0.33	0.15	0.67	0.3	0.02	-0.04	-0.37	0.67	-0.2	0.25	0.46	0.08	-0.23	0.3

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Schneider National Account Relationship Matchups

Schneider National fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	177.3M	177.6M	178.1M	178.8M	178.2M	193.3M
Total Assets	3.7B	3.5B	3.9B	4.3B	4.6B	3.8B
Short Long Term Debt Total	361.3M	306.8M	270.3M	215.1M	302.1M	325.1M
Other Current Liab	202M	248.5M	297.1M	286.9M	260.4M	251.9M
Total Current Liabilities	465.2M	534.6M	690.2M	636.9M	606.2M	589.1M
Total Stockholder Equity	2.2B	2.1B	2.4B	2.8B	3.0B	2.2B
Other Liab	570.1M	659.7M	614.4M	660.8M	759.9M	680.4M
Net Tangible Assets	2.0B	1.9B	2.4B	2.6B	3.0B	1.9B
Property Plant And Equipment Net	1.9B	1.8B	2.1B	2.3B	2.6B	2.1B
Net Debt	(190.3M)	(88.7M)	25.5M	(170.6M)	199.7M	106.0M
Retained Earnings	693.6M	502.5M	857.8M	1.3B	1.4B	1.5B
Accounts Payable	207.7M	245.7M	331.7M	276.7M	241.3M	258.8M
Cash	551.6M	395.5M	244.8M	385.7M	102.4M	97.3M
Non Current Assets Total	2.3B	2.3B	2.7B	3.0B	3.4B	2.6B
Non Currrent Assets Other	109.4M	131.3M	303.4M	(333.4M)	130.2M	75.3M
Other Assets	109.4M	2.0B	936.1M	1.0B	1.0	0.95
Long Term Debt	305.8M	266.4M	208.9M	141.8M	197.6M	268.0M
Cash And Short Term Investments	551.6M	395.5M	244.8M	385.7M	159.6M	151.6M
Net Receivables	465.8M	656M	849.8M	781.9M	730.9M	727.7M
Good Will	127.5M	128.1M	240.5M	228.2M	331.7M	176.8M
Common Stock Total Equity	1.5B	1.5B	1.5B	1.6B	1.8B	1.4B
Short Term Investments	48.3M	47.1M	49.3M	45.9M	57.2M	54.0M
Liabilities And Stockholders Equity	3.7B	3.5B	3.9B	4.3B	4.6B	3.8B
Non Current Liabilities Total	958.5M	926.1M	823.3M	844.1M	994.2M	790.1M
Inventory	71.9M	44.9M	27.4M	53M	117.9M	71.1M
Other Current Assets	79.5M	388.3M	77.2M	83.8M	102.5M	115.3M
Other Stockholder Equity	1.5B	1.6B	1.6B	1.6B	1.5B	1.2B
Total Liab	1.4B	1.5B	1.5B	1.5B	1.6B	1.2B
Property Plant And Equipment Gross	1.9B	1.8B	3.4B	3.8B	4.2B	2.6B
Short Long Term Debt	55.5M	40.4M	61.4M	73.3M	104.5M	137.8M
Total Current Assets	1.4B	1.2B	1.2B	1.4B	1.1B	1.3B
Accumulated Other Comprehensive Income	100K	800K	0.0	(5M)	(3.4M)	(3.6M)
Short Term Debt	55.5M	40.4M	61.4M	73.3M	104.5M	74.1M
Intangible Assets	165.9M	204.2M	93.9M	91.8M	402.7M	422.8M
Common Stock	1.5B	1.5B	1.6B	2.4B	2.8B	1.6B
Property Plant Equipment	1.9B	1.8B	2.1B	2.3B	2.6B	2.0B
Long Term Debt Total	359.6M	305.8M	208.9M	141.8M	127.6M	121.2M
Non Current Liabilities Other	85M	475.7M	163.4M	164.1M	108.2M	166.7M
Retained Earnings Total Equity	693.6M	502.5M	857.8M	1.3B	1.4B	780.4M

Pair Trading with Schneider National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Schneider National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Schneider National will appreciate offsetting losses from the drop in the long position's value.

Moving together with Schneider Stock

0.86	VLRS	Volaris	Pair Corr
0.92	WERN	Werner Enterprises	Pair Corr
0.82	AAL	American Airlines Fiscal Year End 23rd of January 2025	Pair Corr

Moving against Schneider Stock

0.72	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.66	FLYX	flyExclusive,	Pair Corr
0.64	CP	Canadian Pacific Railway	Pair Corr
0.46	FA	First Advantage Corp	Pair Corr

The ability to find closely correlated positions to Schneider National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Schneider National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Schneider National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Schneider National to buy it.

The correlation of Schneider National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Schneider National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Schneider National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Schneider National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Schneider Stock Analysis

When running Schneider National's price analysis, check to measure Schneider National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schneider National is operating at the current time. Most of Schneider National's value examination focuses on studying past and present price action to predict the probability of Schneider National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schneider National's price. Additionally, you may evaluate how the addition of Schneider National to your portfolios can decrease your overall portfolio volatility.

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