SpartanNash Short Term Debt vs Property Plant And Equipment Gross Analysis

SPTN Stock  USD 21.02  0.40  1.94%   
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 Term Debt and its Property Plant And Equipment Gross 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 Term Debt vs Property Plant And Equipment Gross

Short Term Debt vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SpartanNash Short Term Debt account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between SpartanNash's Short Term Debt and Property Plant And Equipment Gross is 0.73. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant And Equipment Gross 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 Term Debt and Property Plant And Equipment Gross 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 Term Debt of SpartanNash Co are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Short Term Debt i.e., SpartanNash's Short Term Debt and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Property Plant And Equipment Gross

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 17th 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 Profit1.4B1.5B1.1B803.9M
Total Revenue8.9B9.6B7.5B5.1B

SpartanNash fundamental ratios Correlations

0.780.730.960.950.8-0.090.90.770.98-0.190.980.45-0.340.880.960.840.970.960.74-0.720.990.420.980.310.96
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
-0.19-0.11-0.37-0.1-0.26-0.13-0.61-0.1-0.21-0.11-0.23-0.260.93-0.11-0.28-0.26-0.17-0.24-0.020.62-0.15-0.12-0.140.27-0.28
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

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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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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.