Sanmina Total Operating Expenses vs Net Income From Continuing Ops Analysis

SANM Stock

USD 62.97 0.28 0.45%

Sanmina financial indicator trend analysis is much more than just breaking down Sanmina prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanmina is a good investment. Please check the relationship between Sanmina Total Operating Expenses and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.

Total Operating Expenses vs Net Income From Continuing Ops

Total Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanmina Total Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very week relationship.

The correlation between Sanmina's Total Operating Expenses and Net Income From Continuing Ops is 0.27. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Sanmina, assuming nothing else is changed. The correlation between historical values of Sanmina's Total Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Sanmina are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Operating Expenses i.e., Sanmina's Total Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income From Continuing Ops

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

To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.At this time, Sanmina's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 28th of April 2024, Enterprise Value Multiple is likely to grow to 10.99, while Selling General Administrative is likely to drop about 243.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	640.5M	743.2M	854.7M	445.6M
Total Revenue	7.9B	8.9B	10.3B	6.2B

Gross Profit Total Revenue

Sanmina fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	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	Intangible Assets	Common Stock Total Equity	Short Term Investments
Total Assets		0.23	0.89	0.93	0.96	0.9	-0.45	-0.38	0.95	0.92	0.8	0.34	0.91	0.94	0.52	0.38	0.85	0.26	0.76	0.97	0.65	0.99	0.09	-0.16	0.29	-0.76
Short Long Term Debt Total	0.23		0.2	0.22	0.03	0.54	0.7	-0.85	0.15	0.15	0.42	0.54	0.14	0.09	0.78	0.58	0.11	0.57	0.7	0.39	-0.24	0.16	0.37	0.03	0.45	-0.68
Other Current Liab	0.89	0.2		0.74	0.92	0.84	-0.44	-0.33	0.76	0.9	0.71	0.35	0.88	0.88	0.48	0.37	0.66	0.21	0.72	0.79	0.54	0.87	0.01	-0.17	0.29	-0.67
Total Current Liabilities	0.93	0.22	0.74		0.84	0.81	-0.35	-0.35	0.98	0.78	0.69	0.22	0.76	0.87	0.41	0.12	0.81	0.15	0.67	0.94	0.53	0.93	0.36	-0.24	0.31	-0.68
Total Stockholder Equity	0.96	0.03	0.92	0.84		0.81	-0.6	-0.22	0.89	0.92	0.75	0.21	0.9	0.93	0.39	0.27	0.77	0.17	0.65	0.85	0.67	0.95	-0.04	-0.08	0.16	-0.63
Property Plant And Equipment Net	0.9	0.54	0.84	0.81	0.81		-0.1	-0.7	0.8	0.78	0.92	0.4	0.76	0.78	0.8	0.52	0.69	0.43	0.94	0.91	0.34	0.83	0.22	-0.01	0.43	-0.93
Net Debt	-0.45	0.7	-0.44	-0.35	-0.6	-0.1		-0.47	-0.44	-0.59	-0.16	0.06	-0.61	-0.54	0.29	0.08	-0.52	0.19	0.1	-0.29	-0.78	-0.51	0.36	0.23	0.18	-0.04
Retained Earnings	-0.38	-0.85	-0.33	-0.35	-0.22	-0.7	-0.47		-0.31	-0.29	-0.6	-0.5	-0.27	-0.27	-0.95	-0.58	-0.14	-0.58	-0.88	-0.51	0.23	-0.3	-0.25	-0.08	-0.55	0.86
Accounts Payable	0.95	0.15	0.76	0.98	0.89	0.8	-0.44	-0.31		0.83	0.67	0.24	0.8	0.93	0.4	0.19	0.8	0.13	0.66	0.94	0.59	0.97	0.17	-0.23	0.31	-0.66
Cash	0.92	0.15	0.9	0.78	0.92	0.78	-0.59	-0.29	0.83		0.68	0.5	1.0	0.91	0.46	0.46	0.81	0.33	0.67	0.86	0.78	0.93	-0.08	-0.27	0.26	-0.68
Non Current Assets Total	0.8	0.42	0.71	0.69	0.75	0.92	-0.16	-0.6	0.67	0.68		0.24	0.68	0.62	0.75	0.51	0.69	0.42	0.82	0.79	0.35	0.69	0.18	0.22	0.28	-0.88
Non Currrent Assets Other	0.34	0.54	0.35	0.22	0.21	0.4	0.06	-0.5	0.24	0.5	0.24		0.51	0.27	0.57	0.68	0.36	0.61	0.52	0.42	0.34	0.34	-0.15	-0.34	0.53	-0.53
Cash And Short Term Investments	0.91	0.14	0.88	0.76	0.9	0.76	-0.61	-0.27	0.8	1.0	0.68	0.51		0.88	0.45	0.49	0.83	0.35	0.65	0.85	0.81	0.91	-0.09	-0.28	0.25	-0.67
Net Receivables	0.94	0.09	0.88	0.87	0.93	0.78	-0.54	-0.27	0.93	0.91	0.62	0.27	0.88		0.37	0.31	0.72	0.08	0.66	0.89	0.62	0.97	-0.05	-0.31	0.31	-0.62
Common Stock Shares Outstanding	0.52	0.78	0.48	0.41	0.39	0.8	0.29	-0.95	0.4	0.46	0.75	0.57	0.45	0.37		0.69	0.33	0.71	0.93	0.61	-0.02	0.42	0.15	0.11	0.45	-0.93
Non Current Liabilities Total	0.38	0.58	0.37	0.12	0.27	0.52	0.08	-0.58	0.19	0.46	0.51	0.68	0.49	0.31	0.69		0.36	0.59	0.6	0.45	0.29	0.31	-0.39	-0.02	0.35	-0.65
Inventory	0.85	0.11	0.66	0.81	0.77	0.69	-0.52	-0.14	0.8	0.81	0.69	0.36	0.83	0.72	0.33	0.36		0.31	0.48	0.85	0.83	0.83	0.15	-0.23	0.13	-0.59
Other Current Assets	0.26	0.57	0.21	0.15	0.17	0.43	0.19	-0.58	0.13	0.33	0.42	0.61	0.35	0.08	0.71	0.59	0.31		0.55	0.33	0.16	0.2	0.02	0.12	-0.1	-0.58
Other Stockholder Equity	0.76	0.7	0.72	0.67	0.65	0.94	0.1	-0.88	0.66	0.67	0.82	0.52	0.65	0.66	0.93	0.6	0.48	0.55		0.8	0.15	0.69	0.17	0.02	0.5	-0.97
Total Liab	0.97	0.39	0.79	0.94	0.85	0.91	-0.29	-0.51	0.94	0.86	0.79	0.42	0.85	0.89	0.61	0.45	0.85	0.33	0.8		0.58	0.95	0.2	-0.22	0.39	-0.83
Property Plant And Equipment Gross	0.65	-0.24	0.54	0.53	0.67	0.34	-0.78	0.23	0.59	0.78	0.35	0.34	0.81	0.62	-0.02	0.29	0.83	0.16	0.15	0.58		0.69	-0.24	-0.3	-0.05	-0.23
Total Current Assets	0.99	0.16	0.87	0.93	0.95	0.83	-0.51	-0.3	0.97	0.93	0.69	0.34	0.91	0.97	0.42	0.31	0.83	0.2	0.69	0.95	0.69		0.06	-0.26	0.27	-0.68
Short Term Debt	0.09	0.37	0.01	0.36	-0.04	0.22	0.36	-0.25	0.17	-0.08	0.18	-0.15	-0.09	-0.05	0.15	-0.39	0.15	0.02	0.17	0.2	-0.24	0.06		-0.09	0.1	-0.21
Intangible Assets	-0.16	0.03	-0.17	-0.24	-0.08	-0.01	0.23	-0.08	-0.23	-0.27	0.22	-0.34	-0.28	-0.31	0.11	-0.02	-0.23	0.12	0.02	-0.22	-0.3	-0.26	-0.09		-0.28	-0.01
Common Stock Total Equity	0.29	0.45	0.29	0.31	0.16	0.43	0.18	-0.55	0.31	0.26	0.28	0.53	0.25	0.31	0.45	0.35	0.13	-0.1	0.5	0.39	-0.05	0.27	0.1	-0.28		-0.49
Short Term Investments	-0.76	-0.68	-0.67	-0.68	-0.63	-0.93	-0.04	0.86	-0.66	-0.68	-0.88	-0.53	-0.67	-0.62	-0.93	-0.65	-0.59	-0.58	-0.97	-0.83	-0.23	-0.68	-0.21	-0.01	-0.49

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Sanmina Account Relationship Matchups

Sanmina fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8B	4.2B	4.9B	4.9B	5.6B	3.6B
Short Long Term Debt Total	348.0M	330.3M	346.7M	338.3M	389.0M	369.6M
Other Current Liab	293.8M	279.5M	208.0M	394.6M	453.7M	237.2M
Total Current Liabilities	1.5B	1.8B	2.5B	2.0B	2.3B	1.3B
Total Stockholder Equity	1.6B	1.9B	1.9B	2.3B	2.7B	1.4B
Property Plant And Equipment Net	559.2M	533.0M	575.2M	632.8M	727.8M	527.1M
Net Debt	(132.5M)	(319.7M)	(183.1M)	(329.3M)	(296.4M)	(281.5M)
Retained Earnings	(3.7B)	(3.5B)	(3.2B)	(2.9B)	(2.6B)	(2.8B)
Accounts Payable	1.2B	1.5B	2.0B	1.6B	1.9B	978.0M
Cash	480.5M	650.0M	529.9M	667.6M	767.7M	546.3M
Non Current Assets Total	953.2M	925.1M	934.0M	994.4M	1.1B	1.1B
Non Currrent Assets Other	120.5M	157.0M	160.2M	184.0M	211.6M	222.1M
Cash And Short Term Investments	480.5M	650.0M	529.9M	667.6M	767.7M	608.2M
Net Receivables	1.4B	1.5B	1.6B	1.7B	1.9B	969.0M
Common Stock Shares Outstanding	70.8M	67.1M	63.1M	59.8M	68.8M	69.8M
Liabilities And Stockholders Equity	3.8B	4.2B	4.9B	4.9B	5.6B	3.6B
Non Current Liabilities Total	620.2M	565.1M	544.6M	522.0M	600.3M	887.2M
Inventory	861.3M	1.0B	1.7B	1.5B	1.7B	1.8B
Other Current Assets	37.7M	54.0M	62.0M	58.2M	67.0M	95.5M
Other Stockholder Equity	5.3B	5.3B	5.0B	5.2B	6.0B	4.2B
Total Liab	2.1B	2.3B	3.0B	2.6B	2.9B	2.2B
Property Plant And Equipment Gross	559.2M	2.2B	2.3B	2.5B	2.9B	3.0B
Total Current Assets	2.8B	3.3B	3.9B	3.9B	4.5B	2.5B
Accumulated Other Comprehensive Income	34.9M	40.7M	56.3M	70.9M	81.5M	85.6M
Common Stock Total Equity	697K	650K	643K	574K	516.6K	490.8K
Common Stock	650K	643K	574K	568K	511.2K	485.6K
Other Liab	232.9M	233.9M	253.5M	215.3M	247.6M	152.5M
Other Assets	353.9M	341.4M	392.1M	358.8M	412.6M	294.5M
Long Term Debt	329.2M	311.6M	329.2M	312.3M	281.1M	267.0M
Property Plant Equipment	630.6M	611.8M	533.0M	575.2M	517.7M	513.6M
Treasury Stock	(804.1M)	(983.1M)	(1.0B)	(1.4B)	(1.2B)	(1.2B)
Net Tangible Assets	1.6B	1.6B	1.9B	1.9B	2.1B	1.6B
Long Term Debt Total	347.0M	329.2M	311.6M	329.2M	296.3M	370.0M
Capital Surpluse	6.3B	6.3B	6.3B	6.4B	7.3B	6.8B

Sanmina Investors Sentiment

The influence of Sanmina's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sanmina. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Sanmina's public news can be used to forecast risks associated with an investment in Sanmina. The trend in average sentiment can be used to explain how an investor holding Sanmina can time the market purely based on public headlines and social activities around Sanmina. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Sanmina's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sanmina's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sanmina's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sanmina.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sanmina in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sanmina's short interest history, or implied volatility extrapolated from Sanmina options trading.

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When determining whether Sanmina is a strong investment it is important to analyze Sanmina's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports:

How To Invest In Sanmina

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Is Sanmina Stock a good investment?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.

You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Sanmina's price analysis, check to measure Sanmina'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 Sanmina is operating at the current time. Most of Sanmina's value examination focuses on studying past and present price action to predict the probability of Sanmina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanmina's price. Additionally, you may evaluate how the addition of Sanmina to your portfolios can decrease your overall portfolio volatility.

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Is Sanmina'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 Sanmina. If investors know Sanmina 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 Sanmina 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

(0.36)

Earnings Share

4.62

Revenue Per Share

146.9

Quarterly Revenue Growth

(0.20)

Return On Assets

0.0534

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

Total Operating Expenses vs Net Income From Continuing Ops

Total Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Net Income From Continuing Ops

Sanmina fundamental ratios Correlations

Sanmina Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sanmina fundamental ratios Accounts

Sanmina Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Total Liab	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Accounts Payable
Total Current Assets	+ 0.97	Net Receivables

Short Term Investments	- 0.97	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Short Term Investments	- 0.93	Common Stock Shares Outstanding
Short Term Investments	- 0.93	Property Plant And Equipment Net
Short Term Investments	- 0.88	Non Current Assets Total
Other Stockholder Equity	- 0.88	Retained Earnings