Sonos Long Term Debt vs Common Stock Analysis
SONO Stock | USD 17.32 0.10 0.58% |
Sonos financial indicator trend analysis is much more than just breaking down Sonos Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonos Inc is a good investment. Please check the relationship between Sonos Long Term Debt and its Common Stock accounts. 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Long Term Debt vs Common Stock
Long Term Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonos Inc Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sonos' Long Term Debt and Common Stock is -0.38. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Sonos Inc, assuming nothing else is changed. The correlation between historical values of Sonos' Long Term Debt 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 Long Term Debt of Sonos Inc 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 Long Term Debt i.e., Sonos' Long Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Sonos Inc has held for over one year. Long-term debt appears on Sonos Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sonos Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Common Stock
Most indicators from Sonos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 Sonos Inc. 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. At this time, Sonos' Tax Provision is very stable compared to the past year. As of the 15th of May 2024, Enterprise Value is likely to grow to about 1.4 B, while Selling General Administrative is likely to drop about 145.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 796.4M | 716.5M | 824.0M | 571.4M | Total Revenue | 1.8B | 1.7B | 1.9B | 1.2B |
Sonos fundamental ratios Correlations
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Sonos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sonos fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 816.1M | 1.1B | 1.2B | 1.0B | 1.2B | 746.0M | |
Other Current Liab | 109.8M | 214.5M | 162.0M | 34.3M | 39.4M | 37.4M | |
Total Current Liabilities | 393.0M | 476.1M | 535.6M | 354.2M | 407.4M | 333.7M | |
Total Stockholder Equity | 297.8M | 569.0M | 560.5M | 518.7M | 596.5M | 299.1M | |
Other Liab | 53.4M | 56.6M | 59.7M | 66.6M | 76.6M | 50.8M | |
Net Tangible Assets | 279.9M | 255.9M | 529.0M | 392.1M | 451.0M | 473.5M | |
Retained Earnings | (228.5M) | (69.9M) | (2.5M) | (12.8M) | (14.7M) | (15.4M) | |
Accounts Payable | 250.3M | 215.0M | 335.8M | 188.0M | 216.2M | 188.9M | |
Cash | 407.1M | 640.1M | 274.9M | 220.2M | 253.3M | 285.1M | |
Other Assets | 3.3M | 10.6M | 36.1M | 38.1M | 43.9M | 46.0M | |
Net Receivables | 54.9M | 100.8M | 101.2M | 67.6M | 77.7M | 70.2M | |
Common Stock Total Equity | 110K | 114K | 129K | 130K | 149.5K | 96.0K | |
Inventory | 180.8M | 185.1M | 454.3M | 346.5M | 398.5M | 202.2M | |
Other Current Assets | 17.5M | 31.5M | 37.0M | 25.3M | 29.1M | 18.5M | |
Other Stockholder Equity | 528.1M | 640.2M | 566.5M | 534.8M | 615.0M | 321.2M | |
Total Liab | 518.2M | 569.8M | 627.9M | 483.6M | 556.1M | 457.6M | |
Total Current Assets | 660.4M | 957.5M | 867.4M | 659.6M | 758.6M | 572.8M | |
Accumulated Other Comprehensive Income | (1.9M) | (1.4M) | (3.6M) | (3.4M) | (3.1M) | (2.9M) | |
Treasury Stock | (13.5M) | (20.9M) | (50.3M) | (50.9M) | (45.8M) | (43.5M) | |
Short Term Debt | 17.6M | 10.7M | 10.5M | 111.8M | 128.6M | 135.0M | |
Intangible Assets | 26.4M | 24.5M | 91.1M | 90.0M | 103.5M | 108.7M | |
Common Stock | 110K | 114K | 129K | 130K | 149.5K | 94.1K | |
Property Plant Equipment | 78.1M | 60.8M | 71.3M | 114.5M | 131.7M | 85.0M | |
Common Stock Shares Outstanding | 109.8M | 140.3M | 137.8M | 127.7M | 146.9M | 114.4M | |
Short Long Term Debt Total | 86.2M | 44.7M | 36.1M | 55.0M | 63.2M | 49.4M | |
Property Plant And Equipment Net | 103.1M | 105.2M | 114.5M | 136.0M | 156.4M | 111.1M | |
Current Deferred Revenue | 15.3M | 35.9M | 27.3M | 20.2M | 23.2M | 19.6M | |
Net Debt | (320.9M) | (595.4M) | (238.7M) | (165.3M) | (148.7M) | (156.2M) | |
Non Current Assets Total | 155.7M | 181.3M | 321.0M | 342.6M | 394.0M | 413.7M | |
Non Currrent Assets Other | 8.8M | 26.1M | 36.6M | 34.5M | 39.7M | 41.7M | |
Cash And Short Term Investments | 407.1M | 640.1M | 274.9M | 220.2M | 253.3M | 291.2M | |
Liabilities And Stockholders Equity | 816.1M | 1.1B | 1.2B | 1.0B | 1.2B | 848.9M | |
Non Current Liabilities Total | 125.2M | 93.6M | 92.2M | 129.4M | 116.4M | 96.9M | |
Property Plant And Equipment Gross | 103.1M | 265.3M | 114.5M | 136.0M | 156.4M | 133.1M |
Currently Active Assets on Macroaxis
When determining whether Sonos Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonos' 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 Sonos Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonos Inc Stock: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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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When running Sonos' price analysis, check to measure Sonos' 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 Sonos is operating at the current time. Most of Sonos' value examination focuses on studying past and present price action to predict the probability of Sonos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonos' price. Additionally, you may evaluate how the addition of Sonos to your portfolios can decrease your overall portfolio volatility.
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Is Sonos' 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 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 (0.34) | Revenue Per Share 12.24 | Quarterly Revenue Growth (0.17) | Return On Assets (0.01) |
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.