Sonos Historical Cash Flow
| SONO Stock | USD 14.00 0.51 3.78% |
Analysis of Sonos cash flow over time is an excellent tool to project Sonos Inc future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Capital Expenditures of 45.5 M or Total Cash From Operating Activities of 95.2 M as it is a great indicator of Sonos ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Sonos Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sonos Inc is a good buy for the upcoming year.
Sonos |
About Sonos Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Sonos balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Sonos's non-liquid assets can be easily converted into cash.
Sonos Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by Sonos Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Sonos operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Change Receivables
The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.Most accounts from Sonos' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Sonos Inc current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, 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 Sonos 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 board of governors. At this time, Sonos' Free Cash Flow is very stable compared to the past year. As of the 25th of November 2024, Change In Working Capital is likely to grow to about 107.9 M, though Sale Purchase Of Stock is likely to grow to (146.6 M).
Sonos cash flow statement Correlations
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Sonos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sonos cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | (61.0M) | (97.9M) | (189.8M) | (129.9M) | (154.4M) | (146.6M) | |
| Change To Inventory | 38.0M | (7.9M) | (277.5M) | 87.0M | 106.1M | 111.4M | |
| Investments | (69.3M) | (45.5M) | (172.6M) | (50.3M) | (105.2M) | (100.0M) | |
| Change In Cash | 68.5M | 232.8M | (365.2M) | (54.6M) | (50.5M) | (48.0M) | |
| Net Borrowings | (6.7M) | (8.3M) | (25M) | (929K) | (836.1K) | (794.3K) | |
| Total Cashflows From Investing Activities | (23.2M) | (69.3M) | (45.5M) | (172.6M) | (155.4M) | (147.6M) | |
| Other Cashflows From Financing Activities | 42.3M | 147.8M | 39.5M | 21.3M | 17.1M | 16.2M | |
| Depreciation | 36.4M | 33.9M | 38.5M | 49.0M | 52.4M | 38.3M | |
| Capital Expenditures | 33.0M | 45.5M | 46.2M | 50.3M | 55.2M | 45.5M | |
| Total Cash From Operating Activities | 162.0M | 253.2M | (28.3M) | 100.4M | 189.9M | 95.2M | |
| Change To Account Receivables | 49.6M | (45.7M) | (5.5M) | 32.1M | 23.0M | 24.2M | |
| Change To Operating Activities | 7.8M | 5.0M | 2.3M | (75.1M) | (67.5M) | (64.2M) | |
| Net Income | (20.1M) | 158.6M | 67.4M | (10.3M) | (38.1M) | (36.2M) | |
| Total Cash From Financing Activities | (27.1M) | 25.0M | (150.3M) | (108.6M) | (137.3M) | (130.4M) | |
| End Period Cash Flow | 407.3M | 640.1M | 274.9M | 220.2M | 169.7M | 247.4M | |
| Change To Netincome | 53.1M | 72.8M | 58.2M | 95.9M | 110.3M | 115.8M | |
| Change To Liabilities | 92.0M | (13.7M) | 58.6M | 128.0M | 147.2M | 154.6M | |
| Stock Based Compensation | 57.6M | 62.1M | 75.6M | 76.9M | 84.3M | 58.0M | |
| Free Cash Flow | 129.0M | 207.7M | (74.5M) | 50.1M | 134.7M | 141.4M | |
| Change In Working Capital | 72.9M | 2.6M | (230.0M) | (38.9M) | 102.8M | 107.9M | |
| Begin Period Cash Flow | 338.8M | 407.3M | 640.1M | 274.9M | 220.2M | 253.0M | |
| Other Non Cash Items | 15.7M | 4.4M | 21.8M | 24.4M | 110.3M | 115.8M |
Pair Trading with Sonos
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 Sonos 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 Sonos will appreciate offsetting losses from the drop in the long position's value.Moving together with Sonos Stock
| 0.68 | AS | Amer Sports, | PairCorr |
| 0.76 | RL | Ralph Lauren Corp | PairCorr |
| 0.65 | DOGZ | Dogness International Downward Rally | PairCorr |
Moving against Sonos Stock
| 0.77 | WLDS | Wearable Devices Buyout Trend | PairCorr |
| 0.74 | FEBO | Fenbo Holdings | PairCorr |
| 0.72 | DOOO | BRP Inc Earnings Call This Week | PairCorr |
| 0.72 | CRI | Carters | PairCorr |
| 0.68 | DHI | DR Horton | PairCorr |
The ability to find closely correlated positions to Sonos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonos 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 Sonos - 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 Sonos Inc to buy it.
The correlation of Sonos 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 Sonos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonos Inc 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 Sonos 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonos 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 board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Consumer Electronics 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 Sonos. If investors know Sonos 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 Sonos 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 0.123 | Earnings Share (0.31) | Revenue Per Share 12.32 | Quarterly Revenue Growth (0.16) | Return On Assets (0.03) |
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' 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 Sonos' market value can be influenced by many factors that don't directly affect Sonos' 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 Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' 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.