Sportsmans Extraordinary Items vs Income Tax Expense Analysis

SPWH Stock  USD 2.01  0.01  0.50%   
Sportsmans financial indicator trend analysis is much more than just breaking down Sportsmans prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sportsmans is a good investment. Please check the relationship between Sportsmans Extraordinary Items and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sportsmans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Sportsmans Stock please use our How to Invest in Sportsmans guide.

Extraordinary Items vs Income Tax Expense

Extraordinary Items vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sportsmans Extraordinary Items account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sportsmans' Extraordinary Items and Income Tax Expense is -0.49. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Sportsmans, assuming nothing else is changed. The correlation between historical values of Sportsmans' Extraordinary Items and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Sportsmans are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Extraordinary Items i.e., Sportsmans' Extraordinary Items and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Extraordinary Items

Income Tax Expense

Most indicators from Sportsmans' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sportsmans 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 Sportsmans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Sportsmans Stock please use our How to Invest in Sportsmans guide.The current Selling General Administrative is estimated to decrease to about 274.7 M. The Sportsmans' current Tax Provision is estimated to increase to about (8.7 M)
 2021 2022 2023 2024 (projected)
Interest Expense1.4M4.2M12.9M8.8M
Depreciation And Amortization57.8M60.4M39.0M20.8M

Sportsmans fundamental ratios Correlations

0.890.920.950.87-0.390.890.890.760.840.80.840.330.89-0.65-0.27-0.460.330.120.670.680.030.740.920.830.35
0.890.760.860.64-0.30.750.820.640.980.560.680.10.82-0.46-0.03-0.180.10.350.720.45-0.130.90.820.650.26
0.920.760.840.84-0.330.840.780.710.680.790.760.470.78-0.71-0.17-0.390.470.170.560.550.090.650.870.970.28
0.950.860.840.83-0.280.840.840.750.830.730.710.20.84-0.55-0.33-0.520.20.060.720.720.080.620.930.780.51
0.870.640.840.83-0.550.960.910.660.570.970.730.330.91-0.69-0.47-0.730.33-0.110.40.860.240.430.780.770.27
-0.39-0.3-0.33-0.28-0.55-0.49-0.55-0.19-0.25-0.67-0.36-0.28-0.550.630.430.67-0.28-0.020.24-0.62-0.08-0.15-0.07-0.270.53
0.890.750.840.840.96-0.490.970.670.690.930.740.260.97-0.6-0.31-0.590.260.00.480.770.190.580.80.750.25
0.890.820.780.840.91-0.550.970.660.780.870.750.221.0-0.58-0.26-0.550.220.090.530.740.190.670.770.680.22
0.760.640.710.750.66-0.190.670.660.540.550.710.550.65-0.17-0.23-0.340.55-0.070.650.560.280.540.680.710.49
0.840.980.680.830.57-0.250.690.780.540.490.58-0.070.78-0.42-0.05-0.15-0.070.380.720.41-0.210.860.80.570.27
0.80.560.790.730.97-0.670.930.870.550.490.650.350.87-0.74-0.45-0.780.35-0.140.20.850.190.350.660.730.04
0.840.680.760.710.73-0.360.740.750.710.580.650.580.75-0.55-0.18-0.270.580.020.610.490.190.720.710.670.29
0.330.10.470.20.33-0.280.260.220.55-0.070.350.580.22-0.270.15-0.181.0-0.130.030.160.390.220.140.51-0.07
0.890.820.780.840.91-0.550.971.00.650.780.870.750.22-0.58-0.26-0.540.220.10.520.740.180.680.770.670.21
-0.65-0.46-0.71-0.55-0.690.63-0.6-0.58-0.17-0.42-0.74-0.55-0.27-0.580.350.53-0.27-0.17-0.12-0.54-0.04-0.33-0.54-0.670.14
-0.27-0.03-0.17-0.33-0.470.43-0.31-0.26-0.23-0.05-0.45-0.180.15-0.260.350.710.150.35-0.05-0.72-0.090.27-0.24-0.18-0.19
-0.46-0.18-0.39-0.52-0.730.67-0.59-0.55-0.34-0.15-0.78-0.27-0.18-0.540.530.71-0.180.380.11-0.9-0.20.18-0.3-0.37-0.01
0.330.10.470.20.33-0.280.260.220.55-0.070.350.581.00.22-0.270.15-0.18-0.130.030.160.390.220.140.51-0.07
0.120.350.170.06-0.11-0.020.00.09-0.070.38-0.140.02-0.130.1-0.170.350.38-0.130.31-0.33-0.350.460.110.13-0.1
0.670.720.560.720.40.240.480.530.650.720.20.610.030.52-0.12-0.050.110.030.310.210.080.720.80.510.78
0.680.450.550.720.86-0.620.770.740.560.410.850.490.160.74-0.54-0.72-0.90.16-0.330.210.290.120.570.520.21
0.03-0.130.090.080.24-0.080.190.190.28-0.210.190.190.390.18-0.04-0.09-0.20.39-0.350.080.29-0.080.090.230.26
0.740.90.650.620.43-0.150.580.670.540.860.350.720.220.68-0.330.270.180.220.460.720.12-0.080.680.540.18
0.920.820.870.930.78-0.070.80.770.680.80.660.710.140.77-0.54-0.24-0.30.140.110.80.570.090.680.820.6
0.830.650.970.780.77-0.270.750.680.710.570.730.670.510.67-0.67-0.18-0.370.510.130.510.520.230.540.820.29
0.350.260.280.510.270.530.250.220.490.270.040.29-0.070.210.14-0.19-0.01-0.07-0.10.780.210.260.180.60.29
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Sportsmans Account Relationship Matchups

Sportsmans fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets616.6M660.8M840.6M859.0M886.2M515.9M
Short Long Term Debt Total397.5M264.3M343.2M393.4M496.1M278.4M
Other Current Liab44.4M57.2M117.1M85.4M80.7M54.0M
Total Current Liabilities264.8M227.4M284.4M295.8M314.6M204.3M
Total Stockholder Equity110.3M204.7M314.2M293.1M264.6M277.8M
Other Liab41.9M562K434K5.8M5.2M4.9M
Net Tangible Assets78.4M108.6M202.9M312.4M359.3M377.2M
Property Plant And Equipment Net323.3M334.4M371.4M431.2M503.8M529.0M
Current Deferred Revenue25.7M38.5M42.1M9.5M38.0M22.1M
Net Debt395.9M198.8M286.2M391.1M493.0M263.4M
Retained Earnings23.0M114.4M222.9M213.0M182.4M191.5M
Accounts Payable38.2M77.4M58.9M61.9M56.1M45.2M
Cash1.7M65.5M57.0M2.4M3.1M3.0M
Non Current Assets Total325.0M336.2M373.1M433.1M506.2M531.5M
Non Currrent Assets Other(562K)(434K)(5.8M)(9.5M)505K335.4K
Cash And Short Term Investments1.7M65.5M57.0M2.4M3.1M3.0M
Net Receivables1.7M581K1.9M2.1M2.1M1.2M
Common Stock Total Equity426K430K433K436K501.4K369.5K
Common Stock Shares Outstanding43.6M44.4M44.5M40.7M37.5M46.2M
Liabilities And Stockholders Equity616.6M660.8M840.6M859.0M886.2M515.9M
Non Current Liabilities Total241.6M228.7M242.0M270.0M307M210.1M
Inventory275.5M243.4M386.6M399.1M354.7M272.7M
Other Current Assets12.7M15.1M41.8M22.3M20.1M15.0M
Other Stockholder Equity86.8M89.8M90.9M79.7M81.8M92.7M
Total Liab506.4M456.2M526.4M565.8M621.6M414.5M
Property Plant And Equipment Gross323.3M334.4M371.4M431.2M708.2M743.7M
Short Long Term Debt137.8M13.4M66.1M87.5M126.0M80.9M
Total Current Assets291.6M324.7M467.5M425.9M380.0M303.6M
Short Term Debt156.5M49.5M107.0M133.0M174.7M88.5M
Intangible Assets220K289K264K389K327K310.7K
Common Stock433K436K439K375K431.3K384.8K
Property Plant Equipment92.1M98.8M334.4M371.4M427.1M448.4M

Currently Active Assets on Macroaxis

When determining whether Sportsmans offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sportsmans' 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 Sportsmans Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sportsmans Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sportsmans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Sportsmans Stock please use our How to Invest in Sportsmans guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Other Specialty 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 Sportsmans. If investors know Sportsmans 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 Sportsmans 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
(0.78)
Earnings Share
(0.91)
Revenue Per Share
33.131
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.02)
The market value of Sportsmans is measured differently than its book value, which is the value of Sportsmans that is recorded on the company's balance sheet. Investors also form their own opinion of Sportsmans' value that differs from its market value or its book value, called intrinsic value, which is Sportsmans' 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 Sportsmans' market value can be influenced by many factors that don't directly affect Sportsmans' 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 Sportsmans' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sportsmans is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sportsmans' 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.