Sonic Automotive Stock Total Asset

SAH Stock  USD 50.90  1.54  3.12%   
Sonic Automotive fundamentals help investors to digest information that contributes to Sonic Automotive's financial success or failures. It also enables traders to predict the movement of Sonic Stock. The fundamental analysis module provides a way to measure Sonic Automotive's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sonic Automotive stock.
Last ReportedProjected for Next Year
Total Assets5.4 B3.1 B
Intangibles To Total Assets 0.13  0.12 
The current Total Assets is estimated to decrease to about 3.1 B. The current Intangibles To Total Assets is estimated to decrease to 0.12.
  
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Sonic Automotive Company Total Asset Analysis

Sonic Automotive's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Sonic Automotive Total Asset

    
  5.36 B  
Most of Sonic Automotive's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sonic Automotive is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sonic Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Sonic Automotive is extremely important. It helps to project a fair market value of Sonic Stock properly, considering its historical fundamentals such as Total Asset. Since Sonic Automotive's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sonic Automotive's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sonic Automotive's interrelated accounts and indicators.
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Sonic Total Asset Historical Pattern

Today, most investors in Sonic Automotive Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sonic Automotive's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sonic Automotive total asset as a starting point in their analysis.
   Sonic Automotive Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Sonic Total Assets

Total Assets

3.12 Billion

As of now, Sonic Automotive's Total Assets are increasing as compared to previous years.
Based on the latest financial disclosure, Sonic Automotive has a Total Asset of 5.36 B. This is 95.65% lower than that of the Specialty Retail sector and 14.96% lower than that of the Consumer Discretionary industry. The total asset for all United States stocks is 81.79% higher than that of the company.

Sonic Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sonic Automotive's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sonic Automotive could also be used in its relative valuation, which is a method of valuing Sonic Automotive by comparing valuation metrics of similar companies.
Sonic Automotive is currently under evaluation in total asset category among related companies.

Sonic Automotive Institutional Holders

Institutional Holdings refers to the ownership stake in Sonic Automotive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sonic Automotive's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sonic Automotive's value.
Shares
Charles Schwab Investment Management Inc2023-12-31
378.3 K
Geode Capital Management, Llc2023-12-31
318.3 K
Northern Trust Corp2023-12-31
304.9 K
Jacobs Levy Equity Management, Inc.2023-09-30
301.5 K
Bank Of New York Mellon Corp2023-12-31
267.3 K
Cooper Creek Partners Management Llc2023-12-31
257.6 K
Nuveen Asset Management, Llc2023-12-31
164.2 K
Citadel Advisors Llc2023-09-30
163.5 K
State Of Wisconsin Investment Board2023-12-31
159.6 K
Blackrock Inc2023-12-31
2.5 M
Dimensional Fund Advisors, Inc.2023-12-31
1.9 M

Sonic Fundamentals

About Sonic Automotive Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sonic Automotive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sonic Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sonic Automotive based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Sonic Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonic Automotive'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 Sonic Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonic Automotive Stock:
Check out Sonic Automotive Piotroski F Score and Sonic Automotive Altman Z Score analysis.
For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.
Note that the Sonic Automotive information on this page should be used as a complementary analysis to other Sonic Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Sonic Stock analysis

When running Sonic Automotive's price analysis, check to measure Sonic Automotive'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 Sonic Automotive is operating at the current time. Most of Sonic Automotive's value examination focuses on studying past and present price action to predict the probability of Sonic Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonic Automotive's price. Additionally, you may evaluate how the addition of Sonic Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Sonic Automotive'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 Sonic Automotive. If investors know Sonic 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 Sonic Automotive 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
1.16
Earnings Share
4.97
Revenue Per Share
410.64
Quarterly Revenue Growth
(0)
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive'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 Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive'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 Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive'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.