SpartanNash Operating Income vs Extraordinary Items 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 Operating Income and its Extraordinary Items 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.

Operating Income vs Extraordinary Items

Operating Income vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SpartanNash Operating Income account and Extraordinary Items. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between SpartanNash's Operating Income and Extraordinary Items is -0.65. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Extraordinary Items 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 Operating Income and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of SpartanNash Co are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Operating Income i.e., SpartanNash's Operating Income and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from SpartanNash operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SpartanNash Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Extraordinary Items

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

Gross Profit Total Revenue

SpartanNash fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	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	Common Stock
Total Assets		0.78	0.73	0.96	0.95	0.8	-0.09	0.9	0.77	0.98	-0.19	0.98	0.45	-0.34	0.88	0.96	0.84	0.97	0.96	0.74	-0.72	0.99	0.42	0.98	0.31	0.96
Short Long Term Debt Total	0.78		0.81	0.77	0.62	0.95	-0.32	0.84	0.39	0.78	-0.11	0.76	0.2	-0.17	0.92	0.67	0.61	0.85	0.72	0.88	-0.6	0.84	0.77	0.78	0.65	0.67
Other Current Liab	0.73	0.81		0.78	0.67	0.88	0.0	0.6	0.53	0.76	-0.37	0.72	0.19	-0.38	0.86	0.68	0.56	0.68	0.7	0.7	-0.75	0.74	0.79	0.71	0.56	0.68
Total Current Liabilities	0.96	0.77	0.78		0.88	0.84	-0.2	0.86	0.74	0.99	-0.1	0.95	0.31	-0.23	0.87	0.87	0.74	0.91	0.89	0.76	-0.65	0.97	0.46	0.94	0.47	0.87
Total Stockholder Equity	0.95	0.62	0.67	0.88		0.67	0.06	0.76	0.87	0.92	-0.26	0.93	0.6	-0.44	0.81	0.99	0.9	0.86	0.95	0.6	-0.75	0.89	0.31	0.94	0.11	0.99
Property Plant And Equipment Net	0.8	0.95	0.88	0.84	0.67		-0.27	0.78	0.53	0.82	-0.13	0.82	0.23	-0.21	0.92	0.68	0.66	0.81	0.7	0.86	-0.63	0.84	0.8	0.76	0.72	0.68
Current Deferred Revenue	-0.09	-0.32	0.0	-0.2	0.06	-0.27		-0.24	0.04	-0.19	-0.61	-0.05	0.07	-0.62	-0.24	0.08	0.03	-0.14	0.0	-0.48	-0.3	-0.17	-0.24	-0.13	-0.58	0.08
Net Debt	0.9	0.84	0.6	0.86	0.76	0.78	-0.24		0.47	0.87	-0.1	0.87	0.25	-0.25	0.82	0.8	0.69	0.95	0.85	0.77	-0.61	0.94	0.33	0.89	0.37	0.8
Retained Earnings	0.77	0.39	0.53	0.74	0.87	0.53	0.04	0.47		0.78	-0.21	0.8	0.62	-0.37	0.62	0.79	0.86	0.63	0.71	0.45	-0.64	0.69	0.3	0.72	0.09	0.79
Accounts Payable	0.98	0.78	0.76	0.99	0.92	0.82	-0.19	0.87	0.78		-0.11	0.96	0.38	-0.25	0.88	0.91	0.78	0.93	0.92	0.76	-0.68	0.98	0.45	0.96	0.41	0.91
Cash	-0.19	-0.11	-0.37	-0.1	-0.26	-0.13	-0.61	-0.1	-0.21	-0.11		-0.23	-0.26	0.93	-0.11	-0.28	-0.26	-0.17	-0.24	-0.02	0.62	-0.15	-0.12	-0.14	0.27	-0.28
Non Current Assets Total	0.98	0.76	0.72	0.95	0.93	0.82	-0.05	0.87	0.8	0.96	-0.23		0.45	-0.41	0.83	0.93	0.85	0.95	0.9	0.71	-0.73	0.97	0.43	0.93	0.32	0.93
Non Currrent Assets Other	0.45	0.2	0.19	0.31	0.6	0.23	0.07	0.25	0.62	0.38	-0.26	0.45		-0.34	0.35	0.57	0.74	0.37	0.48	0.15	-0.46	0.36	0.11	0.43	-0.15	0.57
Cash And Short Term Investments	-0.34	-0.17	-0.38	-0.23	-0.44	-0.21	-0.62	-0.25	-0.37	-0.25	0.93	-0.41	-0.34		-0.22	-0.44	-0.48	-0.31	-0.38	-0.13	0.7	-0.28	-0.05	-0.27	0.36	-0.44
Net Receivables	0.88	0.92	0.86	0.87	0.81	0.92	-0.24	0.82	0.62	0.88	-0.11	0.83	0.35	-0.22		0.82	0.75	0.86	0.85	0.86	-0.69	0.88	0.69	0.89	0.54	0.81
Common Stock Total Equity	0.96	0.67	0.68	0.87	0.99	0.68	0.08	0.8	0.79	0.91	-0.28	0.93	0.57	-0.44	0.82		0.86	0.9	0.98	0.61	-0.75	0.91	0.34	0.96	0.11	1.0
Common Stock Shares Outstanding	0.84	0.61	0.56	0.74	0.9	0.66	0.03	0.69	0.86	0.78	-0.26	0.85	0.74	-0.48	0.75	0.86		0.77	0.79	0.6	-0.71	0.78	0.34	0.79	0.11	0.85
Non Current Liabilities Total	0.97	0.85	0.68	0.91	0.86	0.81	-0.14	0.95	0.63	0.93	-0.17	0.95	0.37	-0.31	0.86	0.9	0.77		0.92	0.76	-0.68	0.99	0.45	0.95	0.33	0.9
Inventory	0.96	0.72	0.7	0.89	0.95	0.7	0.0	0.85	0.71	0.92	-0.24	0.9	0.48	-0.38	0.85	0.98	0.79	0.92		0.65	-0.73	0.93	0.34	0.98	0.15	0.98
Other Current Assets	0.74	0.88	0.7	0.76	0.6	0.86	-0.48	0.77	0.45	0.76	-0.02	0.71	0.15	-0.13	0.86	0.61	0.6	0.76	0.65		-0.45	0.78	0.65	0.73	0.59	0.61
Other Stockholder Equity	-0.72	-0.6	-0.75	-0.65	-0.75	-0.63	-0.3	-0.61	-0.64	-0.68	0.62	-0.73	-0.46	0.7	-0.69	-0.75	-0.71	-0.68	-0.73	-0.45		-0.68	-0.39	-0.69	-0.08	-0.74
Total Liab	0.99	0.84	0.74	0.97	0.89	0.84	-0.17	0.94	0.69	0.98	-0.15	0.97	0.36	-0.28	0.88	0.91	0.78	0.99	0.93	0.78	-0.68		0.46	0.97	0.4	0.91
Property Plant And Equipment Gross	0.42	0.77	0.79	0.46	0.31	0.8	-0.24	0.33	0.3	0.45	-0.12	0.43	0.11	-0.05	0.69	0.34	0.34	0.45	0.34	0.65	-0.39	0.46		0.4	0.73	0.33
Total Current Assets	0.98	0.78	0.71	0.94	0.94	0.76	-0.13	0.89	0.72	0.96	-0.14	0.93	0.43	-0.27	0.89	0.96	0.79	0.95	0.98	0.73	-0.69	0.97	0.4		0.29	0.96
Short Term Debt	0.31	0.65	0.56	0.47	0.11	0.72	-0.58	0.37	0.09	0.41	0.27	0.32	-0.15	0.36	0.54	0.11	0.11	0.33	0.15	0.59	-0.08	0.4	0.73	0.29		0.11
Common Stock	0.96	0.67	0.68	0.87	0.99	0.68	0.08	0.8	0.79	0.91	-0.28	0.93	0.57	-0.44	0.81	1.0	0.85	0.9	0.98	0.61	-0.74	0.91	0.33	0.96	0.11

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SpartanNash Account Relationship Matchups

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:

How To Invest In SpartanNash

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Is SpartanNash Stock a good investment?

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What is SpartanNash's Net Worth?

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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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.

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SpartanNash Operating Income vs Extraordinary Items Analysis

Operating Income vs Extraordinary Items

Operating Income vs Extraordinary Items Correlation Analysis

Correlation Coefficient

Operating Income

Extraordinary Items

SpartanNash fundamental ratios Correlations

SpartanNash Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SpartanNash fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Common Stock Total Equity	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Non Current Liabilities Total

Other Stockholder Equity	- 0.75	Common Stock Total Equity
Other Stockholder Equity	- 0.75	Total Stockholder Equity
Other Stockholder Equity	- 0.75	Other Current Liab
Common Stock	- 0.74	Other Stockholder Equity
Other Stockholder Equity	- 0.73	Inventory
Other Stockholder Equity	- 0.73	Non Current Assets Total