Simpson Good Will vs Total Assets Analysis

SSD Stock  USD 176.00  1.13  0.64%   
Simpson Manufacturing financial indicator trend analysis is much more than just breaking down Simpson Manufacturing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Simpson Manufacturing is a good investment. Please check the relationship between Simpson Manufacturing Good Will and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simpson Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.

Good Will vs Total Assets

Good Will vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simpson Manufacturing Good Will account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Simpson Manufacturing's Good Will and Total Assets is 0.97. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of Simpson Manufacturing, assuming nothing else is changed. The correlation between historical values of Simpson Manufacturing's Good Will and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Simpson Manufacturing are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., Simpson Manufacturing's Good Will and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Assets

Total assets refers to the total amount of Simpson Manufacturing assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Simpson Manufacturing books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Simpson Manufacturing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Simpson Manufacturing 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 Simpson Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.19, whereas Selling General Administrative is forecasted to decline to about 136.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit755.0M941.3M1.0B1.1B
Total Revenue1.6B2.1B2.2B2.3B

Simpson Manufacturing fundamental ratios Correlations

0.920.780.980.970.980.690.980.980.890.990.00.890.96-0.520.930.97-0.020.460.960.920.980.880.270.940.61
0.920.550.90.80.830.90.840.930.70.960.080.70.84-0.21.00.86-0.010.190.990.840.840.93-0.110.990.51
0.780.550.830.840.850.240.840.770.810.69-0.350.810.87-0.540.560.82-0.190.50.650.820.850.710.570.630.73
0.980.90.830.930.960.690.940.980.830.950.030.830.99-0.460.910.99-0.110.480.950.880.970.890.290.910.74
0.970.80.840.930.990.490.990.930.950.92-0.060.950.95-0.690.810.960.00.580.860.90.990.770.490.840.59
0.980.830.850.960.990.560.990.950.90.94-0.060.90.96-0.650.840.96-0.030.550.890.910.980.810.420.870.64
0.690.90.240.690.490.560.540.730.320.780.210.320.60.140.90.63-0.04-0.060.850.590.550.8-0.450.860.39
0.980.840.840.940.990.990.540.950.940.95-0.120.940.94-0.620.850.960.010.490.890.930.980.820.40.880.57
0.980.930.770.980.930.950.730.950.840.98-0.020.840.95-0.430.940.96-0.060.380.970.910.960.910.190.950.64
0.890.70.810.830.950.90.320.940.840.83-0.171.00.84-0.680.710.850.050.530.760.860.930.710.520.750.48
0.990.960.690.950.920.940.780.950.980.830.010.830.92-0.440.970.94-0.010.360.980.910.930.90.130.970.56
0.00.08-0.350.03-0.06-0.060.21-0.12-0.02-0.170.01-0.170.01-0.140.080.060.080.40.06-0.39-0.02-0.230.04-0.060.13
0.890.70.810.830.950.90.320.940.841.00.83-0.170.84-0.680.710.850.050.530.760.860.930.710.520.750.48
0.960.840.870.990.950.960.60.940.950.840.920.010.84-0.530.850.99-0.110.560.90.860.980.830.40.860.76
-0.52-0.2-0.54-0.46-0.69-0.650.14-0.62-0.43-0.68-0.44-0.14-0.68-0.53-0.22-0.55-0.17-0.82-0.3-0.4-0.61-0.1-0.85-0.23-0.34
0.931.00.560.910.810.840.90.850.940.710.970.080.710.85-0.220.87-0.010.210.990.840.850.93-0.090.990.52
0.970.860.820.990.960.960.630.960.960.850.940.060.850.99-0.550.87-0.060.550.920.850.990.820.380.880.7
-0.02-0.01-0.19-0.110.0-0.03-0.040.01-0.060.05-0.010.080.05-0.11-0.17-0.01-0.06-0.09-0.04-0.04-0.03-0.090.02-0.01-0.19
0.460.190.50.480.580.55-0.060.490.380.530.360.40.530.56-0.820.210.55-0.090.290.220.560.070.810.180.55
0.960.990.650.950.860.890.850.890.970.760.980.060.760.9-0.30.990.92-0.040.290.870.90.930.020.990.59
0.920.840.820.880.90.910.590.930.910.860.91-0.390.860.86-0.40.840.85-0.040.220.870.890.910.170.90.5
0.980.840.850.970.990.980.550.980.960.930.93-0.020.930.98-0.610.850.99-0.030.560.90.890.820.440.870.66
0.880.930.710.890.770.810.80.820.910.710.9-0.230.710.83-0.10.930.82-0.090.070.930.910.82-0.10.960.58
0.27-0.110.570.290.490.42-0.450.40.190.520.130.040.520.4-0.85-0.090.380.020.810.020.170.44-0.1-0.060.35
0.940.990.630.910.840.870.860.880.950.750.97-0.060.750.86-0.230.990.88-0.010.180.990.90.870.96-0.060.51
0.610.510.730.740.590.640.390.570.640.480.560.130.480.76-0.340.520.7-0.190.550.590.50.660.580.350.51
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Simpson Manufacturing Account Relationship Matchups

Simpson Manufacturing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.2B1.5B2.5B2.7B2.8B
Short Long Term Debt Total27.9M37.2M37.1M623.9M551.6M579.1M
Other Current Liab125.6M145.8M187.4M88.4M204.8M215.1M
Total Current Liabilities158.9M194.1M244.6M349.4M361.3M379.3M
Total Stockholder Equity892.0M980.9M1.2B1.4B1.7B1.8B
Property Plant And Equipment Net249.0M301.0M305.3M419.2M487.4M511.8M
Net Debt(202.3M)(237.4M)(264.1M)323.2M121.7M127.8M
Retained Earnings645.5M720.4M906.8M1.1B1.4B1.5B
Accounts Payable33.4M48.3M57.2M97.8M107.5M112.9M
Cash230.2M274.6M301.2M300.7M429.8M451.3M
Non Current Assets Total454.5M479.4M485.3M1.3B1.4B1.5B
Non Currrent Assets Other73.6M42.6M46.0M269.2M(68.6M)(72.0M)
Cash And Short Term Investments230.2M274.6M301.2M300.7M429.8M451.3M
Net Receivables139.4M165.1M231.0M269.1M284.0M298.2M
Common Stock Shares Outstanding44.9M43.8M43.5M43.0M42.8M41.8M
Liabilities And Stockholders Equity1.1B1.2B1.5B2.5B2.7B2.8B
Non Current Liabilities Total44.5M57.6M55.5M742.0M663.7M696.9M
Inventory251.9M283.7M443.8M556.8M551.6M579.2M
Other Current Assets19.4M29.6M22.9M52.6M47.1M26.9M
Other Stockholder Equity270.8M270.5M294.3M306.2M262.8M168.4M
Total Liab203.4M251.6M300.1M1.1B1.0B1.1B
Property Plant And Equipment Gross284.4M301.0M305.3M419.2M962.4M1.0B
Total Current Assets640.9M753.1M998.8M1.2B1.3B1.4B
Accumulated Other Comprehensive Income(24.8M)(10.4M)(17.6M)(4.1M)(10.0M)(10.5M)
Short Term Debt7.4M9.1M8.8M22.5M37.5M39.3M
Net Tangible Assets735.0M818.3M1.0B554.8M638.0M640.8M
Other Assets10.6M61.6M46.0M409.8M471.3M494.9M
Good Will131.9M135.8M134.0M503.7M502.6M477.4M
Long Term Investments2.5M2.5M2.5M2.5M2.8M1.6M
Intangible Assets25.1M26.8M26.3M362.9M365.3M383.6M
Common Stock442K433K432K425K426K404.7K
Property Plant Equipment249.0M255.2M305.3M419.2M482.1M506.2M
Common Stock Total Equity453K442K433K432K388.8K369.4K
Other Liab16.2M20.4M18.4M140.6M161.7M169.8M
Retained Earnings Total Equity628.2M645.5M720.4M906.8M1.0B724.6M
Capital Surpluse280.2M284.0M294.3M299.0M343.8M265.5M

Simpson Manufacturing Investors Sentiment

The influence of Simpson Manufacturing's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Simpson. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Simpson Manufacturing's public news can be used to forecast risks associated with an investment in Simpson. The trend in average sentiment can be used to explain how an investor holding Simpson can time the market purely based on public headlines and social activities around Simpson Manufacturing. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Simpson Manufacturing's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Simpson Manufacturing's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Simpson Manufacturing's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Simpson Manufacturing.
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 Simpson Manufacturing 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, Simpson Manufacturing's short interest history, or implied volatility extrapolated from Simpson Manufacturing options trading.

Currently Active Assets on Macroaxis

When determining whether Simpson Manufacturing is a strong investment it is important to analyze Simpson Manufacturing's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simpson Manufacturing's future performance. For an informed investment choice regarding Simpson Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simpson Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Simpson Stock refer to our How to Trade Simpson Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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Is Simpson Manufacturing'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 Simpson Manufacturing. If investors know Simpson 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 Simpson Manufacturing 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
(0.14)
Dividend Share
1.08
Earnings Share
7.97
Revenue Per Share
51.948
Quarterly Revenue Growth
(0.01)
The market value of Simpson Manufacturing is measured differently than its book value, which is the value of Simpson that is recorded on the company's balance sheet. Investors also form their own opinion of Simpson Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Simpson Manufacturing'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 Simpson Manufacturing's market value can be influenced by many factors that don't directly affect Simpson Manufacturing'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 Simpson Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simpson Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simpson Manufacturing'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.