Snap Total Liab vs Common Stock Analysis
SNA Stock | USD 271.03 4.16 1.56% |
Snap On financial indicator trend analysis is much more than just breaking down Snap On prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Snap On is a good investment. Please check the relationship between Snap On Total Liab and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. 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. For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.
Total Liab vs Common Stock
Total Liab vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snap On Total Liab account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Snap On's Total Liab and Common Stock is 0.79. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Snap On, assuming nothing else is changed. The correlation between historical values of Snap On's Total Liab and Common Stock 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 Liab of Snap On are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Liab i.e., Snap On's Total Liab and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Common Stock
Most indicators from Snap On's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Snap On 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 Snap On. 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. For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.At present, Snap On's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.31, whereas Tax Provision is forecasted to decline to about 261.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.1B | 2.2B | 2.6B | 2.8B | Total Revenue | 4.3B | 4.5B | 5.1B | 2.6B |
Snap On fundamental ratios Correlations
Click cells to compare fundamentals
Snap On Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Snap On fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.7B | 6.6B | 6.8B | 7.0B | 7.5B | 7.9B | |
Short Long Term Debt Total | 1.2B | 1.5B | 1.2B | 1.2B | 1.3B | 640.8M | |
Other Current Liab | 491.1M | 619.9M | 630.8M | 610.3M | 604.2M | 367.7M | |
Total Current Liabilities | 947.6M | 1.2B | 982.2M | 971.6M | 941.6M | 625.5M | |
Total Stockholder Equity | 3.4B | 3.8B | 4.2B | 4.5B | 5.1B | 5.3B | |
Property Plant And Equipment Net | 577.1M | 578.1M | 570.1M | 574.1M | 614M | 365.1M | |
Net Debt | 1.0B | 561.2M | 454.5M | 488.5M | 279.8M | 440.8M | |
Retained Earnings | 4.8B | 5.2B | 5.7B | 6.3B | 6.9B | 7.3B | |
Cash | 184.5M | 923.4M | 780M | 757.2M | 1.0B | 1.1B | |
Non Current Assets Total | 3.3B | 3.5B | 3.7B | 3.6B | 3.9B | 4.1B | |
Non Currrent Assets Other | 62.3M | 91.7M | 176.3M | 84.3M | 144.5M | 92.2M | |
Cash And Short Term Investments | 184.5M | 923.4M | 780M | 757.2M | 1.0B | 1.1B | |
Net Receivables | 1.3B | 1.3B | 1.3B | 1.4B | 1.5B | 809.1M | |
Common Stock Shares Outstanding | 55.9M | 54.8M | 55M | 54.2M | 53.9M | 47.5M | |
Liabilities And Stockholders Equity | 5.7B | 6.6B | 6.8B | 7.0B | 7.5B | 7.9B | |
Non Current Liabilities Total | 1.3B | 1.5B | 1.6B | 1.5B | 1.5B | 854.9M | |
Inventory | 760.4M | 746.5M | 803.8M | 1.0B | 1.0B | 1.1B | |
Other Current Assets | 110.2M | 129.7M | 134.6M | 144.8M | 138.4M | 122.0M | |
Other Stockholder Equity | (930.1M) | (1.0B) | (1.2B) | (1.4B) | (1.5B) | (1.4B) | |
Total Liab | 2.3B | 2.7B | 2.6B | 2.5B | 2.5B | 1.5B | |
Total Current Assets | 2.4B | 3.1B | 3.1B | 3.4B | 3.7B | 3.8B | |
Short Term Debt | 202.9M | 268.5M | 17.4M | 17.2M | 41M | 39.0M | |
Intangible Assets | 243.9M | 260.8M | 301.7M | 275.6M | 268.9M | 239.6M | |
Accounts Payable | 198.5M | 222.9M | 277.6M | 287M | 238M | 156.7M | |
Property Plant And Equipment Gross | 577.1M | 578.1M | 570.1M | 574.1M | 1.6B | 1.7B | |
Accumulated Other Comprehensive Income | (507.9M) | (365.8M) | (343.9M) | (528.3M) | (449.5M) | (427.0M) | |
Good Will | 913.8M | 982.4M | 1.1B | 1.0B | 1.1B | 722.4M | |
Other Liab | 320.7M | 329.7M | 356.6M | 267.3M | 307.4M | 329.3M | |
Other Assets | 87.2M | 131.7M | 604M | 154.3M | 1.0 | 0.95 | |
Long Term Debt | 946.9M | 1.2B | 1.2B | 1.2B | 1.2B | 827.0M | |
Treasury Stock | (1.1B) | (1.3B) | (1.4B) | (1.7B) | (1.5B) | (1.5B) | |
Property Plant Equipment | 495.1M | 574.4M | 574.1M | 570.1M | 660.2M | 439.9M | |
Current Deferred Revenue | 55.1M | 53.6M | 56.4M | 57.1M | 58.4M | 58.8M | |
Short Term Investments | 317M | 329M | 17.1M | 349M | 401.4M | 421.4M | |
Net Tangible Assets | 2.3B | 3.8B | 2.8B | 4.5B | 5.2B | 5.4B | |
Retained Earnings Total Equity | 4.8B | 5.2B | 5.7B | 6.3B | 7.2B | 4.0B |
Snap On Investors Sentiment
The influence of Snap On'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 Snap. 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 Snap On's public news can be used to forecast risks associated with an investment in Snap. The trend in average sentiment can be used to explain how an investor holding Snap can time the market purely based on public headlines and social activities around Snap On. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Snap On'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 Snap On'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 Snap On's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Snap On.
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 Snap On 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, Snap On's short interest history, or implied volatility extrapolated from Snap On options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. 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. For information on how to trade Snap Stock refer to our How to Trade Snap Stock 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.
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When running Snap On's price analysis, check to measure Snap On'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 Snap On is operating at the current time. Most of Snap On's value examination focuses on studying past and present price action to predict the probability of Snap On's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap On's price. Additionally, you may evaluate how the addition of Snap On to your portfolios can decrease your overall portfolio volatility.
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Is Snap On'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 Snap On. If investors know Snap 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 Snap On 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 0.067 | Dividend Share 6.96 | Earnings Share 19.08 | Revenue Per Share 96.811 | Quarterly Revenue Growth 0.005 |
The market value of Snap On is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap On's value that differs from its market value or its book value, called intrinsic value, which is Snap On'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 Snap On's market value can be influenced by many factors that don't directly affect Snap On'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 Snap On's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap On is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap On'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.