ScanSource Revenue vs. Current Liabilities
| SCSC Stock | USD 42.87 1.58 3.55% |
Total Revenue | First Reported 1992-09-30 | Previous Quarter 876.3 M | Current Value 884.8 M | Quarterly Volatility 442 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.13 | 0.14 |
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For ScanSource profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ScanSource to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ScanSource utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ScanSource's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ScanSource over time as well as its relative position and ranking within its peers.
ScanSource |
Is ScanSource'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 ScanSource. If investors know ScanSource 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 ScanSource 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 0.277 | Earnings Share 3.42 | Revenue Per Share 143.748 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0364 |
The market value of ScanSource is measured differently than its book value, which is the value of ScanSource that is recorded on the company's balance sheet. Investors also form their own opinion of ScanSource's value that differs from its market value or its book value, called intrinsic value, which is ScanSource'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 ScanSource's market value can be influenced by many factors that don't directly affect ScanSource'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 ScanSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if ScanSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ScanSource'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.
ScanSource Current Liabilities vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ScanSource's current stock value. Our valuation model uses many indicators to compare ScanSource value to that of its competitors to determine the firm's financial worth. ScanSource is rated second in revenue category among related companies. It is rated second in current liabilities category among related companies creating about 0.15 of Current Liabilities per Revenue. The ratio of Revenue to Current Liabilities for ScanSource is roughly 6.47 . At present, ScanSource's Total Revenue is projected to increase significantly based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value ScanSource by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ScanSource's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ScanSource's earnings, one of the primary drivers of an investment's value.ScanSource Revenue vs. Competition
ScanSource is rated second in revenue category among related companies. Market size based on revenue of Information Technology industry is at this time estimated at about 16.88 Billion. ScanSource totals roughly 3.79 Billion in revenue claiming about 22% of equities under Information Technology industry.
ScanSource Current Liabilities vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
ScanSource |
| = | 3.79 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
ScanSource |
| = | 585.11 M |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
ScanSource Current Liabilities Comparison
ScanSource is currently under evaluation in current liabilities category among related companies.
ScanSource Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ScanSource, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ScanSource will eventually generate negative long term returns. The profitability progress is the general direction of ScanSource's change in net profit over the period of time. It can combine multiple indicators of ScanSource, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -80.7 M | -76.6 M | |
| Operating Income | 156.3 M | 164.1 M | |
| Net Income | 101.3 M | 106.4 M | |
| Income Before Tax | 140.1 M | 147.1 M | |
| Total Other Income Expense Net | -1.5 M | -1.6 M | |
| Income Tax Expense | 38.8 M | 22 M | |
| Net Income Applicable To Common Shares | 103.3 M | 108.4 M | |
| Net Income From Continuing Ops | 79.3 M | 42.8 M | |
| Non Operating Income Net Other | 6.6 M | 3.7 M | |
| Interest Income | 8.5 M | 4.3 M | |
| Net Interest Income | -11.1 M | -10.6 M | |
| Change To Netincome | 14.4 M | 13.7 M | |
| Net Income Per Share | 3.21 | 3.38 | |
| Income Quality | (0.37) | (0.35) | |
| Net Income Per E B T | 0.66 | 0.54 |
ScanSource Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ScanSource. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ScanSource position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ScanSource's important profitability drivers and their relationship over time.
Use ScanSource in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ScanSource position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ScanSource will appreciate offsetting losses from the drop in the long position's value.ScanSource Pair Trading
ScanSource Pair Trading Analysis
The ability to find closely correlated positions to ScanSource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ScanSource when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ScanSource - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ScanSource to buy it.
The correlation of ScanSource is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ScanSource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ScanSource moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ScanSource can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ScanSource position
In addition to having ScanSource in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out World Market Map. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for ScanSource Stock analysis
When running ScanSource's price analysis, check to measure ScanSource'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 ScanSource is operating at the current time. Most of ScanSource's value examination focuses on studying past and present price action to predict the probability of ScanSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ScanSource's price. Additionally, you may evaluate how the addition of ScanSource to your portfolios can decrease your overall portfolio volatility.
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To fully project ScanSource's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ScanSource at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ScanSource's income statement, its balance sheet, and the statement of cash flows.