Sonic Short Long Term Debt Total vs Cash And Short Term Investments Analysis
SAH Stock | USD 56.67 0.80 1.43% |
Sonic Automotive financial indicator trend analysis is much more than just breaking down Sonic Automotive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonic Automotive is a good investment. Please check the relationship between Sonic Automotive Short Long Term Debt Total and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.
Short Long Term Debt Total vs Cash And Short Term Investments
Short Long Term Debt Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonic Automotive Short Long Term Debt Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sonic Automotive's Short Long Term Debt Total and Cash And Short Term Investments is 0.5. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Sonic Automotive, assuming nothing else is changed. The correlation between historical values of Sonic Automotive's Short Long Term Debt Total and Cash And Short Term Investments 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 Total of Sonic Automotive are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Long Term Debt Total i.e., Sonic Automotive's Short Long Term Debt Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Long Term Debt Total
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Sonic Automotive balance sheet. This account contains Sonic Automotive investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sonic Automotive fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Sonic Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonic Automotive 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 Sonic Automotive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.As of now, Sonic Automotive's Enterprise Value Multiple is decreasing as compared to previous years. The Sonic Automotive's current Enterprise Value is estimated to increase to about 3.1 B, while Selling General Administrative is projected to decrease to under 985.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.3B | 2.1B | 1.3B | Total Revenue | 12.4B | 14.0B | 14.4B | 8.5B |
Sonic Automotive fundamental ratios Correlations
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Sonic Automotive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sonic Automotive fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 3.7B | 5.0B | 5.0B | 5.4B | 3.1B | |
Short Long Term Debt Total | 2.6B | 2.4B | 3.3B | 3.5B | 3.9B | 2.0B | |
Other Current Liab | 277.0M | 288.0M | 350.5M | 352.4M | 370.2M | 401.7M | |
Total Current Liabilities | 2.1B | 1.8B | 1.9B | 1.8B | 2.3B | 1.5B | |
Total Stockholder Equity | 944.8M | 814.8M | 1.1B | 895.2M | 891.9M | 684.9M | |
Property Plant And Equipment Net | 1.5B | 1.5B | 1.9B | 2.0B | 2.1B | 2.2B | |
Net Debt | 2.6B | 2.3B | 3.0B | 3.3B | 3.8B | 2.0B | |
Retained Earnings | 790.2M | 721.8M | 1.1B | 1.1B | 1.2B | 1.3B | |
Accounts Payable | 135.2M | 105.1M | 133.3M | 138.4M | 149.8M | 94.1M | |
Cash | 29.1M | 170.3M | 299.4M | 229.2M | 28.9M | 54.4M | |
Non Current Assets Total | 2.1B | 1.9B | 2.9B | 2.8B | 2.8B | 1.5B | |
Non Currrent Assets Other | 43.6M | 74.2M | 62.5M | 75.3M | 72.2M | 44.0M | |
Cash And Short Term Investments | 29.1M | 170.3M | 299.4M | 229.2M | 28.9M | 54.4M | |
Net Receivables | 432.7M | 371.7M | 401.1M | 462.4M | 528.1M | 335.9M | |
Common Stock Shares Outstanding | 43.7M | 42.5M | 43.3M | 39.7M | 35.9M | 47.7M | |
Liabilities And Stockholders Equity | 4.1B | 3.7B | 5.0B | 5.0B | 5.4B | 3.1B | |
Non Current Liabilities Total | 1.1B | 1.1B | 2.0B | 2.2B | 2.2B | 2.3B | |
Inventory | 1.5B | 1.2B | 1.3B | 1.2B | 1.6B | 1.1B | |
Other Current Assets | 37.9M | 83.6M | 120.2M | 297.9M | 385.1M | 404.4M | |
Other Stockholder Equity | 155.9M | 95.9M | 25.2M | (207.5M) | (349.1M) | (331.6M) | |
Total Liab | 3.1B | 2.9B | 3.9B | 4.1B | 4.5B | 2.4B | |
Property Plant And Equipment Gross | 1.5B | 1.5B | 2.7B | 2.9B | 3.0B | 3.1B | |
Total Current Assets | 2.0B | 1.9B | 2.1B | 2.2B | 2.5B | 1.6B | |
Accumulated Other Comprehensive Income | (2.1M) | (3.6M) | (1.3M) | 1.6M | 1.8M | 1.9M | |
Short Term Debt | 1.7B | 1.4B | 1.4B | 1.4B | 1.8B | 1.2B | |
Common Stock | 763K | 768K | 777K | 800K | 920K | 966K | |
Common Stock Total Equity | 763K | 768K | 777K | 800K | 920K | 706.1K | |
Other Liab | 82.7M | 89.1M | 96M | 105.5M | 121.3M | 87.3M | |
Other Assets | 43.5M | 464.6M | 62.5M | 97.8M | 112.5M | 66.6M | |
Long Term Debt | 637.0M | 651.8M | 1.5B | 1.7B | 1.6B | 876.5M | |
Good Will | 475.8M | 214.0M | 416.4M | 231M | 253.8M | 483.8M | |
Treasury Stock | (600.0M) | (671.7M) | (765M) | (1.0B) | (924.2M) | (878.0M) | |
Property Plant Equipment | 1.1B | 1.1B | 1.5B | 1.6B | 1.8B | 1.9B | |
Net Tangible Assets | 745.1M | 895.4M | 580.1M | 727.5M | 836.6M | 878.5M | |
Retained Earnings Total Equity | 790.2M | 721.8M | 1.1B | 1.1B | 1.3B | 1.3B | |
Long Term Debt Total | 637.0M | 651.8M | 1.5B | 1.7B | 1.9B | 998.3M | |
Capital Surpluse | 755.9M | 767.6M | 790.2M | 819.4M | 942.3M | 809.7M |
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When determining whether Sonic Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonic Automotive'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 Sonic Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonic Automotive Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.Note that the Sonic Automotive information on this page should be used as a complementary analysis to other Sonic Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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When running Sonic Automotive's price analysis, check to measure Sonic Automotive'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 Sonic Automotive is operating at the current time. Most of Sonic Automotive's value examination focuses on studying past and present price action to predict the probability of Sonic Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonic Automotive's price. Additionally, you may evaluate how the addition of Sonic Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Sonic Automotive's industry 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 Sonic Automotive. If investors know Sonic 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 Sonic Automotive 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 (0.07) | Dividend Share 1.18 | Earnings Share 4.88 | Revenue Per Share 413.185 | Quarterly Revenue Growth (0.03) |
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive'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 Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive'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 Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive'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.