SpartanNash Ebit vs Total Revenue Analysis
SPTN Stock | USD 19.09 0.30 1.55% |
SpartanNash financial indicator trend analysis is much more than just breaking down SpartanNash prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SpartanNash is a good investment. Please check the relationship between SpartanNash Ebit and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpartanNash Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Ebit vs Total Revenue
Ebit vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SpartanNash Ebit account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SpartanNash's Ebit and Total Revenue is -0.07. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of SpartanNash Co, assuming nothing else is changed. The correlation between historical values of SpartanNash's Ebit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of SpartanNash Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit i.e., SpartanNash's Ebit and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebit
Total Revenue
Total revenue comprises all receipts SpartanNash generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from SpartanNash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SpartanNash 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 SpartanNash Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, SpartanNash's Tax Provision is very stable compared to the past year. As of the 1st of May 2024, Enterprise Value Over EBITDA is likely to grow to 24.35, while Selling General Administrative is likely to drop about 718.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.5B | 1.1B | 803.9M | Total Revenue | 8.9B | 9.6B | 7.5B | 5.1B |
SpartanNash fundamental ratios Correlations
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SpartanNash Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SpartanNash fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 2.3B | 2.2B | 2.3B | 2.4B | 1.3B | |
Short Long Term Debt Total | 998.3M | 811.1M | 720.3M | 788.1M | 906.3M | 951.6M | |
Other Current Liab | 111.0M | 173.8M | 154.2M | 165.5M | 190.3M | 199.9M | |
Total Current Liabilities | 565.1M | 689.6M | 655.8M | 705.0M | 659.9M | 362.1M | |
Total Stockholder Equity | 687.5M | 735.0M | 782.9M | 766.1M | 778.2M | 452.4M | |
Property Plant And Equipment Net | 884.8M | 866.2M | 860.4M | 867.3M | 891.2M | 935.8M | |
Net Debt | 974.2M | 791.2M | 709.6M | 759.0M | 579.5M | 397.9M | |
Retained Earnings | 198.9M | 245.5M | 290.5M | 295.0M | 317.1M | 170.2M | |
Accounts Payable | 405.4M | 464.8M | 447.5M | 487.2M | 473.4M | 238.5M | |
Cash | 24.2M | 19.9M | 10.7M | 29.1M | 18.0M | 16.4M | |
Non Current Assets Total | 1.3B | 1.3B | 1.2B | 1.2B | 1.3B | 736.5M | |
Non Currrent Assets Other | 82.7M | 99.2M | 97.2M | 18.1M | 103.2M | 63.9M | |
Cash And Short Term Investments | 24.2M | 19.9M | 10.7M | 29.1M | 26.2M | 20.3M | |
Net Receivables | 345.3M | 357.6M | 361.7M | 404.0M | 379.2M | 398.2M | |
Common Stock Total Equity | 490.2M | 491.8M | 493.8M | 468.1M | 538.3M | 283.6M | |
Common Stock Shares Outstanding | 35.4M | 35.9M | 35.9M | 36.3M | 35.0M | 27.7M | |
Liabilities And Stockholders Equity | 2.3B | 2.3B | 2.2B | 2.3B | 2.7B | 2.8B | |
Non Current Liabilities Total | 1.0B | 852.8M | 768.1M | 835.5M | 917.5M | 493.3M | |
Inventory | 537.2M | 541.8M | 522.3M | 571.1M | 575.2M | 316.6M | |
Other Current Assets | 58.8M | 72.2M | 62.5M | 62.2M | 62.4M | 65.6M | |
Other Stockholder Equity | 400K | (2.3M) | (1.5M) | 3.0M | 2.7M | 2.5M | |
Total Liab | 1.6B | 1.5B | 1.4B | 1.5B | 1.6B | 855.4M | |
Property Plant And Equipment Gross | 884.8M | 866.2M | 860.4M | 867.3M | 1.8B | 1.9B | |
Total Current Assets | 996.7M | 1.0B | 957.2M | 1.1B | 1.1B | 571.3M | |
Accumulated Other Comprehensive Income | (1.6M) | (2.3M) | (1.5M) | 3.0M | 3.4M | 3.6M | |
Short Term Debt | 48.8M | 50.9M | 54.2M | 52.2M | 60.1M | 63.1M | |
Common Stock | 490.2M | 491.8M | 493.8M | 468.1M | 538.3M | 277.6M | |
Other Liab | 73.4M | 92.6M | 102.0M | 99.7M | 114.6M | 71.7M | |
Other Assets | (43K) | 99.2M | 97.2M | 84.4M | 75.9M | 40.2M | |
Long Term Debt | 682.2M | 481.3M | 399.4M | 496.8M | 588.7M | 375.2M | |
Intangible Assets | 130.4M | 116.1M | 111.0M | 106.3M | 101.5M | 89.2M | |
Property Plant Equipment | 615.8M | 577.1M | 860.4M | 610.2M | 701.8M | 412.6M | |
Net Tangible Assets | 376.1M | 437.9M | 490.9M | 477.6M | 549.2M | 419.2M | |
Retained Earnings Total Equity | 198.9M | 245.5M | 290.5M | 295.0M | 339.3M | 273.6M | |
Deferred Long Term Liab | 43.1M | 45.7M | 63.7M | 66.3M | 59.7M | 58.6M | |
Non Current Liabilities Other | 979.8M | 807.1M | 38.3M | 33.4M | 28.8M | 27.4M |
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 SpartanNash 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, SpartanNash's short interest history, or implied volatility extrapolated from SpartanNash options trading.
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When determining whether SpartanNash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SpartanNash'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 Spartannash Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spartannash Co Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpartanNash Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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When running SpartanNash's price analysis, check to measure SpartanNash'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 SpartanNash is operating at the current time. Most of SpartanNash's value examination focuses on studying past and present price action to predict the probability of SpartanNash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SpartanNash's price. Additionally, you may evaluate how the addition of SpartanNash to your portfolios can decrease your overall portfolio volatility.
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Is SpartanNash'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 SpartanNash. If investors know SpartanNash 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 SpartanNash 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 15.609 | Dividend Share 0.86 | Earnings Share 1.5 | Revenue Per Share 284.389 | Quarterly Revenue Growth (0.03) |
The market value of SpartanNash is measured differently than its book value, which is the value of SpartanNash that is recorded on the company's balance sheet. Investors also form their own opinion of SpartanNash's value that differs from its market value or its book value, called intrinsic value, which is SpartanNash'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 SpartanNash's market value can be influenced by many factors that don't directly affect SpartanNash'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 SpartanNash's value and its price as these two are different measures arrived at by different means. Investors typically determine if SpartanNash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SpartanNash'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.