Sonoco Short Long Term Debt vs Total Stockholder Equity Analysis

SON Stock  USD 51.92  1.00  1.96%   
Sonoco Products financial indicator trend analysis is much more than just breaking down Sonoco Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonoco Products is a good investment. Please check the relationship between Sonoco Products Short Long Term Debt and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.

Short Long Term Debt vs Total Stockholder Equity

Short Long Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonoco Products Short Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sonoco Products' Short Long Term Debt and Total Stockholder Equity is 0.42. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Sonoco Products, assuming nothing else is changed. The correlation between historical values of Sonoco Products' Short Long Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Sonoco Products are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Long Term Debt i.e., Sonoco Products' Short Long Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Sonoco Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonoco Products 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 Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.As of the 25th of November 2024, Enterprise Value is likely to grow to about 8.2 B, while Selling General Administrative is likely to drop about 480.6 M.
 2021 2022 2023 2024 (projected)
Total Revenue5.6B7.3B6.8B3.8B
Depreciation And Amortization239.1M308.8M341.0M178.0M

Sonoco Products fundamental ratios Correlations

0.950.40.660.740.970.920.930.191.00.380.190.710.440.960.910.55-0.130.990.740.340.910.380.740.69-0.61
0.950.320.520.580.980.990.80.040.950.20.040.550.320.980.950.45-0.340.970.630.260.980.20.830.45-0.69
0.40.320.450.550.330.250.330.540.340.070.540.520.060.330.370.520.150.390.620.120.230.180.080.490.02
0.660.520.450.830.50.470.680.470.610.670.470.85-0.050.470.650.370.010.670.90.840.380.580.060.650.14
0.740.580.550.830.630.540.790.380.710.450.380.970.050.610.640.630.170.710.940.440.510.640.290.79-0.04
0.970.980.330.50.630.970.870.020.980.220.020.60.430.990.910.51-0.260.970.620.180.970.270.850.55-0.73
0.920.990.250.470.540.970.77-0.080.940.14-0.080.520.30.970.940.44-0.390.940.580.20.990.190.850.4-0.71
0.930.80.330.680.790.870.770.260.930.50.260.760.460.840.770.41-0.040.90.720.370.770.480.620.76-0.51
0.190.040.540.470.380.02-0.080.260.120.441.00.290.120.040.030.10.390.170.460.48-0.070.12-0.20.420.22
1.00.950.340.610.710.980.940.930.120.370.120.680.460.970.90.54-0.160.990.690.290.930.350.790.66-0.66
0.380.20.070.670.450.220.140.50.440.370.440.450.120.180.170.10.020.360.40.720.090.350.030.450.02
0.190.040.540.470.380.02-0.080.261.00.120.440.290.120.040.030.10.390.170.460.48-0.070.12-0.20.420.22
0.710.550.520.850.970.60.520.760.290.680.450.290.020.580.650.590.160.690.940.480.480.760.210.80.04
0.440.320.06-0.050.050.430.30.460.120.460.120.120.020.440.220.350.410.4-0.02-0.210.370.130.40.55-0.6
0.960.980.330.470.610.990.970.840.040.970.180.040.580.440.90.53-0.210.970.620.140.980.280.850.56-0.73
0.910.950.370.650.640.910.940.770.030.90.170.030.650.220.90.44-0.320.940.740.370.890.320.640.5-0.48
0.550.450.520.370.630.510.440.410.10.540.10.10.590.350.530.440.40.530.56-0.060.450.420.350.67-0.22
-0.13-0.340.150.010.17-0.26-0.39-0.040.39-0.160.020.390.160.41-0.21-0.320.4-0.180.1-0.13-0.330.46-0.420.540.34
0.990.970.390.670.710.970.940.90.170.990.360.170.690.40.970.940.53-0.180.740.360.930.370.740.64-0.6
0.740.630.620.90.940.620.580.720.460.690.40.460.94-0.020.620.740.560.10.740.580.520.630.20.730.05
0.340.260.120.840.440.180.20.370.480.290.720.480.48-0.210.140.37-0.06-0.130.360.580.10.31-0.170.270.29
0.910.980.230.380.510.970.990.77-0.070.930.09-0.070.480.370.980.890.45-0.330.930.520.10.150.90.4-0.78
0.380.20.180.580.640.270.190.480.120.350.350.120.760.130.280.320.420.460.370.630.310.15-0.120.750.25
0.740.830.080.060.290.850.850.62-0.20.790.03-0.20.210.40.850.640.35-0.420.740.2-0.170.9-0.120.19-0.94
0.690.450.490.650.790.550.40.760.420.660.450.420.80.550.560.50.670.540.640.730.270.40.750.19-0.12
-0.61-0.690.020.14-0.04-0.73-0.71-0.510.22-0.660.020.220.04-0.6-0.73-0.48-0.220.34-0.60.050.29-0.780.25-0.94-0.12
Click cells to compare fundamentals

Sonoco Products Account Relationship Matchups

Sonoco Products fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B5.3B5.1B7.1B7.2B7.6B
Short Long Term Debt Total1.7B1.7B1.6B3.5B3.3B3.5B
Other Current Liab(5.7M)459.4M381.4M405.7M400.0M235.4M
Total Current Liabilities1.4B1.5B1.5B1.8B1.2B744.8M
Total Stockholder Equity1.8B1.9B1.8B2.1B2.4B1.3B
Property Plant And Equipment Net1.3B1.2B1.3B2.0B2.2B2.3B
Net Debt1.5B1.1B1.4B3.2B3.2B3.4B
Retained Earnings2.3B2.3B2.1B2.3B2.6B2.8B
Cash145.3M564.8M171.0M227.4M151.9M127.2M
Non Current Assets Total3.6B3.4B3.4B4.7B5.1B5.4B
Non Currrent Assets Other500.6M491.4M514.4M178.3M224.9M250.4M
Cash And Short Term Investments145.3M564.8M171.0M227.4M151.9M127.2M
Net Receivables811.9M762.4M851.6M962.2M1.0B516.6M
Common Stock Shares Outstanding101.2M101.2M99.6M98.7M98.9M110.4M
Liabilities And Stockholders Equity5.1B5.3B5.1B7.1B7.2B7.6B
Non Current Liabilities Total1.9B1.9B1.7B3.2B3.6B3.8B
Inventory503.8M450.7M562.1M1.1B773.5M812.2M
Other Current Assets60.2M52.6M74.0M76.1M113.4M69.2M
Other Stockholder Equity323.8M314.1M119.7M140.5M159.0M167.0M
Total Liab3.3B3.4B3.2B5.0B4.8B5.0B
Total Current Assets1.5B1.8B1.7B2.4B2.1B1.1B
Short Term Debt488.2M507.9M411.6M502.4M47.1M44.8M
Intangible Assets388.3M321.9M278.1M741.6M853.7M896.4M
Accounts Payable904.9M536.9M721.3M818.9M707.5M485.4M
Property Plant And Equipment Gross1.5B1.2B1.3B2.0B5.3B5.5B
Accumulated Other Comprehensive Income(816.8M)(756.8M)(359.4M)(430.1M)(366.3M)(384.6M)
Other Liab459.0M610.7M498.8M265.5M305.3M426.2M
Other Assets113.0M1.1B12.1M267.6M1.00.95
Long Term Debt1.2B1.2B1.2B2.7B3.0B3.2B
Good Will1.4B1.4B1.3B1.7B1.8B1.1B
Property Plant Equipment1.3B1.2B1.3B2.0B2.3B1.2B
Current Deferred Revenue17.0M16.7M19.0M22.4M20.2M21.2M
Net Tangible Assets239.0M450.5M246.9M(351.1M)(316.0M)(300.2M)
Noncontrolling Interest In Consolidated Entity13.2M13.0M10.9M12.1M10.9M12.6M
Retained Earnings Total Equity2.2B2.3B2.3B2.1B2.4B2.0B
Long Term Debt Total1.2B1.2B1.2B2.7B3.1B3.3B

Pair Trading with Sonoco Products

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 Sonoco Products 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 Sonoco Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sonoco Stock

  0.87AVY Avery Dennison CorpPairCorr

Moving against Sonoco Stock

  0.82PKG Packaging Corp Fiscal Year End 22nd of January 2025 PairCorr
  0.8IP International PaperPairCorr
  0.77KRT Karat PackagingPairCorr
  0.73BERY Berry Global Group Sell-off TrendPairCorr
  0.73DRVN Driven Brands HoldingsPairCorr
The ability to find closely correlated positions to Sonoco Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonoco Products 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 Sonoco Products - 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 Sonoco Products to buy it.
The correlation of Sonoco Products 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 Sonoco Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonoco Products 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 Sonoco Products 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 CorrelationCorrelation Matching
When determining whether Sonoco Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonoco Products' 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 Sonoco Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonoco Products Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Paper & Plastic Packaging Products & Materials 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 Sonoco Products. If investors know Sonoco 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 Sonoco Products 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
(0.61)
Dividend Share
2.06
Earnings Share
2.91
Revenue Per Share
66.695
Quarterly Revenue Growth
(0.02)
The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' 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 Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' 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 Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' 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.