Summit Stock Based Compensation vs Cash And Cash Equivalents Changes Analysis
SUM Stock | USD 39.46 0.36 0.92% |
Summit Materials financial indicator trend analysis is much more than just breaking down Summit Materials prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summit Materials is a good investment. Please check the relationship between Summit Materials Stock Based Compensation and its Cash And Cash Equivalents Changes accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.
Stock Based Compensation vs Cash And Cash Equivalents Changes
Stock Based Compensation vs Cash And Cash Equivalents Changes Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Summit Materials Stock Based Compensation account and Cash And Cash Equivalents Changes. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Summit Materials' Stock Based Compensation and Cash And Cash Equivalents Changes is -0.51. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Cash And Cash Equivalents Changes in the same time period over historical financial statements of Summit Materials, assuming nothing else is changed. The correlation between historical values of Summit Materials' Stock Based Compensation and Cash And Cash Equivalents Changes is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Summit Materials are associated (or correlated) with its Cash And Cash Equivalents Changes. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Cash Equivalents Changes has no effect on the direction of Stock Based Compensation i.e., Summit Materials' Stock Based Compensation and Cash And Cash Equivalents Changes go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Cash And Cash Equivalents Changes
Most indicators from Summit Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Summit Materials 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 Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.At this time, Summit Materials' Selling General Administrative is very stable compared to the past year. As of the 4th of May 2024, Discontinued Operations is likely to grow to about 2.9 M, while Enterprise Value is likely to drop about 2.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 92.2M | 87.0M | 114.2M | 99.0M | Depreciation And Amortization | 247.2M | 209.2M | 217.6M | 177.8M |
Summit Materials fundamental ratios Correlations
Click cells to compare fundamentals
Summit Materials Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Summit Materials fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 114.6M | 116.6M | 120.7M | 120.6M | 119.8M | 91.5M | |
Total Assets | 4.1B | 4.3B | 4.2B | 4.3B | 5.1B | 3.6B | |
Short Long Term Debt Total | 1.9B | 1.9B | 1.6B | 1.5B | 2.3B | 1.7B | |
Other Current Liab | 152.7M | 170.8M | 160.6M | 133.7M | 186.9M | 141.8M | |
Total Current Liabilities | 299.3M | 322.7M | 309.1M | 255.8M | 323.0M | 274.9M | |
Total Stockholder Equity | 1.4B | 1.6B | 1.8B | 2.0B | 2.3B | 1.3B | |
Property Plant And Equipment Net | 1.8B | 1.9B | 1.9B | 1.9B | 2.0B | 1.7B | |
Current Deferred Revenue | 13.9M | 16.5M | 7.4M | 5.7M | 8.2M | 8.9M | |
Net Debt | 1.6B | 1.5B | 1.3B | 1.0B | 2.0B | 1.4B | |
Retained Earnings | 188.8M | 326.8M | 479.0M | 590.9M | 876.8M | 920.6M | |
Accounts Payable | 116.4M | 120.8M | 128.2M | 104.0M | 123.6M | 107.7M | |
Cash | 311.3M | 418.2M | 381.0M | 520.5M | 374.2M | 266.7M | |
Non Current Assets Total | 3.3B | 3.4B | 3.4B | 3.2B | 3.4B | 2.8B | |
Non Currrent Assets Other | 55.5M | 55M | 58.7M | 44.8M | 59.1M | 54.1M | |
Cash And Short Term Investments | 311.3M | 418.2M | 381.0M | 520.5M | 374.2M | 266.7M | |
Net Receivables | 266.3M | 263.4M | 294.8M | 263.2M | 287.3M | 230.1M | |
Good Will | 1.2B | 1.2B | 1.2B | 1.1B | 1.2B | 940.0M | |
Common Stock Total Equity | 1.1M | 1.1M | 1.2M | 1.2M | 1.1M | 1.0M | |
Liabilities And Stockholders Equity | 4.1B | 4.3B | 4.2B | 4.3B | 5.1B | 3.6B | |
Non Current Liabilities Total | 2.3B | 2.4B | 2.1B | 2.0B | 2.5B | 2.0B | |
Inventory | 204.8M | 200.3M | 180.8M | 212.5M | 241.4M | 185.8M | |
Other Current Assets | 13.8M | 11.4M | 13.1M | 20.8M | 829.4M | 870.8M | |
Other Stockholder Equity | 1.2B | 1.3B | 1.3B | 1.4B | 2.3B | 2.4B | |
Total Liab | 2.6B | 2.7B | 2.4B | 2.2B | 2.8B | 2.3B | |
Property Plant And Equipment Gross | 1.8B | 1.9B | 1.9B | 1.9B | 3.4B | 1.8B | |
Total Current Assets | 796.3M | 893.3M | 869.6M | 1.0B | 1.7B | 1.8B | |
Accumulated Other Comprehensive Income | 3.4M | 5.2M | 7.1M | 3.1M | 7.3M | 7.6M | |
Short Term Debt | 16.4M | 14.5M | 12.9M | 12.4M | 12.4M | 10.1M | |
Intangible Assets | 23.5M | 47.9M | 69.4M | 71.4M | 68.1M | 36.3M | |
Common Stock | 1.1M | 1.1M | 1.2M | 1.2M | 1.2M | 1.1M | |
Other Liab | 406.6M | 455.2M | 486.9M | 456.4M | 524.8M | 336.8M | |
Other Assets | 267.9M | 286.9M | 263.3M | 181.8M | 209.1M | 197.2M | |
Long Term Debt | 1.9B | 1.9B | 1.6B | 1.5B | 2.3B | 1.7B | |
Property Plant Equipment | 1.8B | 1.9B | 1.9B | 1.9B | 2.1B | 1.7B | |
Net Tangible Assets | 221.6M | 367.1M | 590.1M | 808.1M | 929.3M | 975.7M | |
Short Long Term Debt | 4.8M | 6.4M | 7.9M | 5.1M | 3.8M | 4.7M | |
Retained Earnings Total Equity | 188.8M | 326.8M | 479.0M | 590.9M | 679.5M | 713.5M | |
Long Term Debt Total | 1.9B | 1.9B | 1.6B | 1.5B | 1.7B | 1.8B | |
Capital Surpluse | 1.2B | 1.3B | 1.3B | 1.4B | 1.6B | 1.2B |
Summit Materials Investors Sentiment
The influence of Summit Materials' 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 Summit. 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 Summit Materials' public news can be used to forecast risks associated with an investment in Summit. The trend in average sentiment can be used to explain how an investor holding Summit can time the market purely based on public headlines and social activities around Summit Materials. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Summit Materials' 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 Summit Materials' 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 Summit Materials' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Summit Materials.
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 Summit Materials 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, Summit Materials' short interest history, or implied volatility extrapolated from Summit Materials options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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Is Summit Materials' 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 Summit Materials. If investors know Summit 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 Summit Materials 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 (0.90) | Earnings Share 2.25 | Revenue Per Share 22.773 | Quarterly Revenue Growth 0.849 | Return On Assets 0.0366 |
The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' 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 Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' 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 Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' 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.