SpartanNash Cash Ratio vs Free Cash Flow Analysis

SPTN Stock

USD 19.09 0.33 1.76%

SpartanNash financial indicator trend analysis is much more than just breaking down SpartanNash prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SpartanNash is a good investment. Please check the relationship between SpartanNash Cash Ratio and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpartanNash Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Cash Ratio vs Free Cash Flow

Cash Ratio vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SpartanNash Cash Ratio account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between SpartanNash's Cash Ratio and Free Cash Flow is -0.03. Overlapping area represents the amount of variation of Cash Ratio that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of SpartanNash Co, assuming nothing else is changed. The correlation between historical values of SpartanNash's Cash Ratio and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Ratio of SpartanNash Co are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Cash Ratio i.e., SpartanNash's Cash Ratio and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Ratio

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from SpartanNash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SpartanNash 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 SpartanNash Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, SpartanNash's Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Over EBITDA is likely to grow to 24.35, while Selling General Administrative is likely to drop about 718.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	1.5B	1.1B	803.9M
Total Revenue	8.9B	9.6B	7.5B	5.1B

Gross Profit Total Revenue

SpartanNash fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.78	-0.33	0.96	0.95	0.8	-0.09	0.9	0.77	0.98	-0.19	0.98	0.45	-0.34	0.88	0.96	0.84	0.97	0.96	0.74	-0.72	0.99	0.42	0.98	0.31	0.96
Short Long Term Debt Total	0.78		-0.62	0.77	0.62	0.95	-0.32	0.84	0.39	0.78	-0.11	0.76	0.2	-0.17	0.92	0.67	0.61	0.85	0.72	0.88	-0.6	0.84	0.77	0.78	0.65	0.67
Other Current Liab	-0.33	-0.62		-0.49	-0.12	-0.72	0.54	-0.43	-0.17	-0.43	-0.22	-0.41	0.18	-0.21	-0.47	-0.09	-0.2	-0.38	-0.11	-0.62	0.09	-0.43	-0.65	-0.25	-0.91	-0.09
Total Current Liabilities	0.96	0.77	-0.49		0.88	0.84	-0.2	0.86	0.74	0.99	-0.1	0.95	0.31	-0.23	0.87	0.87	0.74	0.91	0.89	0.76	-0.65	0.97	0.46	0.94	0.47	0.87
Total Stockholder Equity	0.95	0.62	-0.12	0.88		0.67	0.06	0.76	0.87	0.92	-0.26	0.93	0.6	-0.44	0.81	0.99	0.9	0.86	0.95	0.6	-0.75	0.89	0.31	0.94	0.11	0.99
Property Plant And Equipment Net	0.8	0.95	-0.72	0.84	0.67		-0.27	0.78	0.53	0.82	-0.13	0.82	0.23	-0.21	0.92	0.68	0.66	0.81	0.7	0.86	-0.63	0.84	0.8	0.76	0.72	0.68
Current Deferred Revenue	-0.09	-0.32	0.54	-0.2	0.06	-0.27		-0.24	0.04	-0.19	-0.61	-0.05	0.07	-0.62	-0.24	0.08	0.03	-0.14	0.0	-0.48	-0.3	-0.17	-0.24	-0.13	-0.58	0.08
Net Debt	0.9	0.84	-0.43	0.86	0.76	0.78	-0.24		0.47	0.87	-0.1	0.87	0.25	-0.25	0.82	0.8	0.69	0.95	0.85	0.77	-0.61	0.94	0.33	0.89	0.37	0.8
Retained Earnings	0.77	0.39	-0.17	0.74	0.87	0.53	0.04	0.47		0.78	-0.21	0.8	0.62	-0.37	0.62	0.79	0.86	0.63	0.71	0.45	-0.64	0.69	0.3	0.72	0.09	0.79
Accounts Payable	0.98	0.78	-0.43	0.99	0.92	0.82	-0.19	0.87	0.78		-0.11	0.96	0.38	-0.25	0.88	0.91	0.78	0.93	0.92	0.76	-0.68	0.98	0.45	0.96	0.41	0.91
Cash	-0.19	-0.11	-0.22	-0.1	-0.26	-0.13	-0.61	-0.1	-0.21	-0.11		-0.23	-0.26	0.93	-0.11	-0.28	-0.26	-0.17	-0.24	-0.02	0.62	-0.15	-0.12	-0.14	0.27	-0.28
Non Current Assets Total	0.98	0.76	-0.41	0.95	0.93	0.82	-0.05	0.87	0.8	0.96	-0.23		0.45	-0.41	0.83	0.93	0.85	0.95	0.9	0.71	-0.73	0.97	0.43	0.93	0.32	0.93
Non Currrent Assets Other	0.45	0.2	0.18	0.31	0.6	0.23	0.07	0.25	0.62	0.38	-0.26	0.45		-0.34	0.35	0.57	0.74	0.37	0.48	0.15	-0.46	0.36	0.11	0.43	-0.15	0.57
Cash And Short Term Investments	-0.34	-0.17	-0.21	-0.23	-0.44	-0.21	-0.62	-0.25	-0.37	-0.25	0.93	-0.41	-0.34		-0.22	-0.44	-0.48	-0.31	-0.38	-0.13	0.7	-0.28	-0.05	-0.27	0.36	-0.44
Net Receivables	0.88	0.92	-0.47	0.87	0.81	0.92	-0.24	0.82	0.62	0.88	-0.11	0.83	0.35	-0.22		0.82	0.75	0.86	0.85	0.86	-0.69	0.88	0.69	0.89	0.54	0.81
Common Stock Total Equity	0.96	0.67	-0.09	0.87	0.99	0.68	0.08	0.8	0.79	0.91	-0.28	0.93	0.57	-0.44	0.82		0.86	0.9	0.98	0.61	-0.75	0.91	0.34	0.96	0.11	1.0
Common Stock Shares Outstanding	0.84	0.61	-0.2	0.74	0.9	0.66	0.03	0.69	0.86	0.78	-0.26	0.85	0.74	-0.48	0.75	0.86		0.77	0.79	0.6	-0.71	0.78	0.34	0.79	0.11	0.85
Non Current Liabilities Total	0.97	0.85	-0.38	0.91	0.86	0.81	-0.14	0.95	0.63	0.93	-0.17	0.95	0.37	-0.31	0.86	0.9	0.77		0.92	0.76	-0.68	0.99	0.45	0.95	0.33	0.9
Inventory	0.96	0.72	-0.11	0.89	0.95	0.7	0.0	0.85	0.71	0.92	-0.24	0.9	0.48	-0.38	0.85	0.98	0.79	0.92		0.65	-0.73	0.93	0.34	0.98	0.15	0.98
Other Current Assets	0.74	0.88	-0.62	0.76	0.6	0.86	-0.48	0.77	0.45	0.76	-0.02	0.71	0.15	-0.13	0.86	0.61	0.6	0.76	0.65		-0.45	0.78	0.65	0.73	0.59	0.61
Other Stockholder Equity	-0.72	-0.6	0.09	-0.65	-0.75	-0.63	-0.3	-0.61	-0.64	-0.68	0.62	-0.73	-0.46	0.7	-0.69	-0.75	-0.71	-0.68	-0.73	-0.45		-0.68	-0.39	-0.69	-0.08	-0.74
Total Liab	0.99	0.84	-0.43	0.97	0.89	0.84	-0.17	0.94	0.69	0.98	-0.15	0.97	0.36	-0.28	0.88	0.91	0.78	0.99	0.93	0.78	-0.68		0.46	0.97	0.4	0.91
Property Plant And Equipment Gross	0.42	0.77	-0.65	0.46	0.31	0.8	-0.24	0.33	0.3	0.45	-0.12	0.43	0.11	-0.05	0.69	0.34	0.34	0.45	0.34	0.65	-0.39	0.46		0.4	0.73	0.33
Total Current Assets	0.98	0.78	-0.25	0.94	0.94	0.76	-0.13	0.89	0.72	0.96	-0.14	0.93	0.43	-0.27	0.89	0.96	0.79	0.95	0.98	0.73	-0.69	0.97	0.4		0.29	0.96
Short Term Debt	0.31	0.65	-0.91	0.47	0.11	0.72	-0.58	0.37	0.09	0.41	0.27	0.32	-0.15	0.36	0.54	0.11	0.11	0.33	0.15	0.59	-0.08	0.4	0.73	0.29		0.11
Common Stock	0.96	0.67	-0.09	0.87	0.99	0.68	0.08	0.8	0.79	0.91	-0.28	0.93	0.57	-0.44	0.81	1.0	0.85	0.9	0.98	0.61	-0.74	0.91	0.33	0.96	0.11

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SpartanNash Account Relationship Matchups

SpartanNash fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.3B	2.2B	2.3B	2.4B	1.3B
Short Long Term Debt Total	998.3M	811.1M	720.3M	788.1M	906.3M	951.6M
Other Current Liab	(294.4M)	(290.9M)	(293.2M)	(321.7M)	(289.5M)	(275.1M)
Total Current Liabilities	565.1M	689.6M	655.8M	705.0M	659.9M	362.1M
Total Stockholder Equity	687.5M	735.0M	782.9M	766.1M	778.2M	452.4M
Property Plant And Equipment Net	884.8M	866.2M	860.4M	867.3M	891.2M	935.8M
Net Debt	974.2M	791.2M	709.6M	759.0M	579.5M	397.9M
Retained Earnings	198.9M	245.5M	290.5M	295.0M	317.1M	170.2M
Accounts Payable	405.4M	464.8M	447.5M	487.2M	473.4M	238.5M
Cash	24.2M	19.9M	10.7M	29.1M	18.0M	16.4M
Non Current Assets Total	1.3B	1.3B	1.2B	1.2B	1.3B	736.5M
Non Currrent Assets Other	82.7M	99.2M	97.2M	18.1M	103.2M	63.9M
Cash And Short Term Investments	24.2M	19.9M	10.7M	29.1M	26.2M	20.3M
Net Receivables	345.3M	357.6M	361.7M	404.0M	379.2M	398.2M
Common Stock Total Equity	490.2M	491.8M	493.8M	468.1M	538.3M	283.6M
Common Stock Shares Outstanding	35.4M	35.9M	35.9M	36.3M	35.0M	27.7M
Liabilities And Stockholders Equity	2.3B	2.3B	2.2B	2.3B	2.7B	2.8B
Non Current Liabilities Total	1.0B	852.8M	768.1M	835.5M	917.5M	493.3M
Inventory	537.2M	541.8M	522.3M	571.1M	575.2M	316.6M
Other Current Assets	58.8M	72.2M	62.5M	62.2M	62.4M	65.6M
Other Stockholder Equity	400K	(2.3M)	(1.5M)	3.0M	2.7M	2.5M
Total Liab	1.6B	1.5B	1.4B	1.5B	1.6B	855.4M
Property Plant And Equipment Gross	884.8M	866.2M	860.4M	867.3M	1.8B	1.9B
Total Current Assets	996.7M	1.0B	957.2M	1.1B	1.1B	571.3M
Accumulated Other Comprehensive Income	(1.6M)	(2.3M)	(1.5M)	3.0M	3.4M	3.6M
Short Term Debt	48.8M	50.9M	54.2M	52.2M	60.1M	63.1M
Common Stock	490.2M	491.8M	493.8M	468.1M	538.3M	277.6M
Other Liab	73.4M	92.6M	102.0M	99.7M	114.6M	71.7M
Other Assets	(43K)	99.2M	97.2M	84.4M	75.9M	40.2M
Long Term Debt	682.2M	481.3M	399.4M	496.8M	588.7M	375.2M
Intangible Assets	130.4M	116.1M	111.0M	106.3M	101.5M	89.2M
Property Plant Equipment	615.8M	577.1M	860.4M	610.2M	701.8M	412.6M
Net Tangible Assets	376.1M	437.9M	490.9M	477.6M	549.2M	419.2M
Retained Earnings Total Equity	198.9M	245.5M	290.5M	295.0M	339.3M	273.6M
Deferred Long Term Liab	43.1M	45.7M	63.7M	66.3M	59.7M	58.6M
Non Current Liabilities Other	979.8M	807.1M	38.3M	33.4M	28.8M	27.4M

Pair Trading with SpartanNash

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

Moving against SpartanNash Stock

0.78	SFM	Sprouts Farmers Market	Pair Corr
0.7	MO	Altria Group	Pair Corr
0.68	NGVC	Natural Grocers by Trending	Pair Corr
0.59	WMK	Weis Markets	Pair Corr
0.58	KR	Kroger Company Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to SpartanNash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SpartanNash 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 SpartanNash - 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 SpartanNash Co to buy it.

The correlation of SpartanNash 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 SpartanNash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SpartanNash 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 SpartanNash 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

When determining whether SpartanNash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SpartanNash'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 Spartannash Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spartannash Co Stock:

How To Invest In SpartanNash

Details

Is SpartanNash Stock a good investment?

Details

What is SpartanNash's Net Worth?

Details

Largest Consumer Staples Distribution & Retail Companies

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Largest Consumer Defensive Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpartanNash Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Is Consumer Staples Distribution & Retail 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 SpartanNash. If investors know SpartanNash 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 SpartanNash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Dividend Share

0.868

Earnings Share

1.33

Revenue Per Share

281.208

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0362

The market value of SpartanNash is measured differently than its book value, which is the value of SpartanNash that is recorded on the company's balance sheet. Investors also form their own opinion of SpartanNash's value that differs from its market value or its book value, called intrinsic value, which is SpartanNash'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 SpartanNash's market value can be influenced by many factors that don't directly affect SpartanNash'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 SpartanNash's value and its price as these two are different measures arrived at by different means. Investors typically determine if SpartanNash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SpartanNash'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.

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SpartanNash Cash Ratio vs Free Cash Flow Analysis

Cash Ratio vs Free Cash Flow

Cash Ratio vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Cash Ratio

Free Cash Flow

SpartanNash fundamental ratios Correlations

SpartanNash Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SpartanNash fundamental ratios Accounts

Pair Trading with SpartanNash

Moving against SpartanNash Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Common Stock Total Equity	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Non Current Liabilities Total

Short Term Debt	- 0.91	Other Current Liab
Other Stockholder Equity	- 0.75	Common Stock Total Equity
Other Stockholder Equity	- 0.75	Total Stockholder Equity
Common Stock	- 0.74	Other Stockholder Equity
Other Stockholder Equity	- 0.73	Inventory
Other Stockholder Equity	- 0.73	Non Current Assets Total