Sweetgreen Other Current Assets from 2010 to 2024

SG Stock  USD 34.98  3.98  12.84%   
Sweetgreen's Other Current Assets are decreasing over the last several years with slightly volatile swings. Other Current Assets are predicted to flatten to about 12.6 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2018-12-31
Previous Quarter
13.2 M
Current Value
12.4 M
Quarterly Volatility
636.2 M
 
Covid
Check Sweetgreen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sweetgreen's main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Interest Income of 13.1 M or Interest Expense of 121.6 K, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or PTB Ratio of 2.48. Sweetgreen financial statements analysis is a perfect complement when working with Sweetgreen Valuation or Volatility modules.
  
Check out the analysis of Sweetgreen Correlation against competitors.
For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.

Latest Sweetgreen's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Sweetgreen over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Sweetgreen's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sweetgreen's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Sweetgreen Other Current Assets Regression Statistics

Arithmetic Mean1,004,126,543
Geometric Mean110,955,511
Coefficient Of Variation84.11
Mean Deviation799,408,148
Median1,670,300,000
Standard Deviation844,537,213
Sample Variance713243.1T
Range1.7B
R-Value(0.85)
Mean Square Error213843.2T
R-Squared0.72
Significance0.000061
Slope(160,417,328)
Total Sum of Squares9985403.5T

Sweetgreen Other Current Assets History

202412.6 M
202313.2 M
20221.7 M
2021680 K
2020602 K
2019396 K

About Sweetgreen Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Sweetgreen income statement, its balance sheet, and the statement of cash flows. Sweetgreen investors use historical funamental indicators, such as Sweetgreen's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Sweetgreen investors may use each financial statement separately, they are all related. The changes in Sweetgreen's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sweetgreen's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Sweetgreen Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sweetgreen. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets13.2 M12.6 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Sweetgreen Stock

When determining whether Sweetgreen is a strong investment it is important to analyze Sweetgreen'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 Sweetgreen's future performance. For an informed investment choice regarding Sweetgreen Stock, refer to the following important reports:
Check out the analysis of Sweetgreen Correlation against competitors.
For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Hotels, Restaurants & Leisure space 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 Sweetgreen. If investors know Sweetgreen 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 Sweetgreen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.94)
Revenue Per Share
5.494
Quarterly Revenue Growth
0.262
Return On Assets
(0.08)
Return On Equity
(0.21)
The market value of Sweetgreen is measured differently than its book value, which is the value of Sweetgreen that is recorded on the company's balance sheet. Investors also form their own opinion of Sweetgreen's value that differs from its market value or its book value, called intrinsic value, which is Sweetgreen'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 Sweetgreen's market value can be influenced by many factors that don't directly affect Sweetgreen'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 Sweetgreen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sweetgreen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sweetgreen'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.