SpartanNash Short Long Term Debt vs Accumulated Depreciation Analysis

SPTN Stock  USD 19.31  0.01  0.05%   
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 Short Long Term Debt and its Accumulated Depreciation 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.

Short Long Term Debt vs Accumulated Depreciation

Short Long Term Debt vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SpartanNash Short Long Term Debt account and Accumulated Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between SpartanNash's Short Long Term Debt and Accumulated Depreciation is 0.62. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accumulated Depreciation 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 Short Long Term Debt and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of SpartanNash Co are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Short Long Term Debt i.e., SpartanNash's Short Long Term Debt and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for SpartanNash Co fixed asset that has been charged to SpartanNash expense since that asset was acquired and made available for SpartanNash use. The accumulated depreciation account is SpartanNash asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by SpartanNash.
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 29th of April 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 Profit1.4B1.5B1.1B803.9M
Total Revenue8.9B9.6B7.5B5.1B

SpartanNash fundamental ratios Correlations

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0.780.810.770.620.95-0.320.840.390.78-0.110.760.2-0.170.920.670.610.850.720.88-0.60.840.770.780.650.67
0.730.810.780.670.880.00.60.530.76-0.370.720.19-0.380.860.680.560.680.70.7-0.750.740.790.710.560.68
0.960.770.780.880.84-0.20.860.740.99-0.10.950.31-0.230.870.870.740.910.890.76-0.650.970.460.940.470.87
0.950.620.670.880.670.060.760.870.92-0.260.930.6-0.440.810.990.90.860.950.6-0.750.890.310.940.110.99
0.80.950.880.840.67-0.270.780.530.82-0.130.820.23-0.210.920.680.660.810.70.86-0.630.840.80.760.720.68
-0.09-0.320.0-0.20.06-0.27-0.240.04-0.19-0.61-0.050.07-0.62-0.240.080.03-0.140.0-0.48-0.3-0.17-0.24-0.13-0.580.08
0.90.840.60.860.760.78-0.240.470.87-0.10.870.25-0.250.820.80.690.950.850.77-0.610.940.330.890.370.8
0.770.390.530.740.870.530.040.470.78-0.210.80.62-0.370.620.790.860.630.710.45-0.640.690.30.720.090.79
0.980.780.760.990.920.82-0.190.870.78-0.110.960.38-0.250.880.910.780.930.920.76-0.680.980.450.960.410.91
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0.980.760.720.950.930.82-0.050.870.80.96-0.230.45-0.410.830.930.850.950.90.71-0.730.970.430.930.320.93
0.450.20.190.310.60.230.070.250.620.38-0.260.45-0.340.350.570.740.370.480.15-0.460.360.110.43-0.150.57
-0.34-0.17-0.38-0.23-0.44-0.21-0.62-0.25-0.37-0.250.93-0.41-0.34-0.22-0.44-0.48-0.31-0.38-0.130.7-0.28-0.05-0.270.36-0.44
0.880.920.860.870.810.92-0.240.820.620.88-0.110.830.35-0.220.820.750.860.850.86-0.690.880.690.890.540.81
0.960.670.680.870.990.680.080.80.790.91-0.280.930.57-0.440.820.860.90.980.61-0.750.910.340.960.111.0
0.840.610.560.740.90.660.030.690.860.78-0.260.850.74-0.480.750.860.770.790.6-0.710.780.340.790.110.85
0.970.850.680.910.860.81-0.140.950.630.93-0.170.950.37-0.310.860.90.770.920.76-0.680.990.450.950.330.9
0.960.720.70.890.950.70.00.850.710.92-0.240.90.48-0.380.850.980.790.920.65-0.730.930.340.980.150.98
0.740.880.70.760.60.86-0.480.770.450.76-0.020.710.15-0.130.860.610.60.760.65-0.450.780.650.730.590.61
-0.72-0.6-0.75-0.65-0.75-0.63-0.3-0.61-0.64-0.680.62-0.73-0.460.7-0.69-0.75-0.71-0.68-0.73-0.45-0.68-0.39-0.69-0.08-0.74
0.990.840.740.970.890.84-0.170.940.690.98-0.150.970.36-0.280.880.910.780.990.930.78-0.680.460.970.40.91
0.420.770.790.460.310.8-0.240.330.30.45-0.120.430.11-0.050.690.340.340.450.340.65-0.390.460.40.730.33
0.980.780.710.940.940.76-0.130.890.720.96-0.140.930.43-0.270.890.960.790.950.980.73-0.690.970.40.290.96
0.310.650.560.470.110.72-0.580.370.090.410.270.32-0.150.360.540.110.110.330.150.59-0.080.40.730.290.11
0.960.670.680.870.990.680.080.80.790.91-0.280.930.57-0.440.811.00.850.90.980.61-0.740.910.330.960.11
Click cells to compare fundamentals

SpartanNash Account Relationship Matchups

SpartanNash fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.3B2.2B2.3B2.4B1.3B
Short Long Term Debt Total998.3M811.1M720.3M788.1M906.3M951.6M
Other Current Liab111.0M173.8M154.2M165.5M190.3M199.9M
Total Current Liabilities565.1M689.6M655.8M705.0M659.9M362.1M
Total Stockholder Equity687.5M735.0M782.9M766.1M778.2M452.4M
Property Plant And Equipment Net884.8M866.2M860.4M867.3M891.2M935.8M
Net Debt974.2M791.2M709.6M759.0M579.5M397.9M
Retained Earnings198.9M245.5M290.5M295.0M317.1M170.2M
Accounts Payable405.4M464.8M447.5M487.2M473.4M238.5M
Cash24.2M19.9M10.7M29.1M18.0M16.4M
Non Current Assets Total1.3B1.3B1.2B1.2B1.3B736.5M
Non Currrent Assets Other82.7M99.2M97.2M18.1M103.2M63.9M
Cash And Short Term Investments24.2M19.9M10.7M29.1M26.2M20.3M
Net Receivables345.3M357.6M361.7M404.0M379.2M398.2M
Common Stock Total Equity490.2M491.8M493.8M468.1M538.3M283.6M
Common Stock Shares Outstanding35.4M35.9M35.9M36.3M35.0M27.7M
Liabilities And Stockholders Equity2.3B2.3B2.2B2.3B2.7B2.8B
Non Current Liabilities Total1.0B852.8M768.1M835.5M917.5M493.3M
Inventory537.2M541.8M522.3M571.1M575.2M316.6M
Other Current Assets58.8M72.2M62.5M62.2M62.4M65.6M
Other Stockholder Equity400K(2.3M)(1.5M)3.0M2.7M2.5M
Total Liab1.6B1.5B1.4B1.5B1.6B855.4M
Property Plant And Equipment Gross884.8M866.2M860.4M867.3M1.8B1.9B
Total Current Assets996.7M1.0B957.2M1.1B1.1B571.3M
Accumulated Other Comprehensive Income(1.6M)(2.3M)(1.5M)3.0M3.4M3.6M
Short Term Debt48.8M50.9M54.2M52.2M60.1M63.1M
Common Stock490.2M491.8M493.8M468.1M538.3M277.6M
Other Liab73.4M92.6M102.0M99.7M114.6M71.7M
Other Assets(43K)99.2M97.2M84.4M75.9M40.2M
Long Term Debt682.2M481.3M399.4M496.8M588.7M375.2M
Intangible Assets130.4M116.1M111.0M106.3M101.5M89.2M
Property Plant Equipment615.8M577.1M860.4M610.2M701.8M412.6M
Net Tangible Assets376.1M437.9M490.9M477.6M549.2M419.2M
Retained Earnings Total Equity198.9M245.5M290.5M295.0M339.3M273.6M
Deferred Long Term Liab43.1M45.7M63.7M66.3M59.7M58.6M
Non Current Liabilities Other979.8M807.1M38.3M33.4M28.8M27.4M
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.