Grocery Net Invested Capital vs Capital Surpluse Analysis
| GO Stock | USD 25.71 0.10 0.39% |
Grocery Outlet financial indicator trend analysis is much more than just examining Grocery Outlet Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grocery Outlet Holding is a good investment. Please check the relationship between Grocery Outlet Net Invested Capital and its Capital Surpluse accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grocery Outlet Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Net Invested Capital vs Capital Surpluse
Net Invested Capital vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grocery Outlet Holding Net Invested Capital account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Grocery Outlet's Net Invested Capital and Capital Surpluse is 0.92. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Grocery Outlet Holding, assuming nothing else is changed. The correlation between historical values of Grocery Outlet's Net Invested Capital and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Grocery Outlet Holding are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Invested Capital i.e., Grocery Outlet's Net Invested Capital and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Capital Surpluse
Most indicators from Grocery Outlet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grocery Outlet Holding 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grocery Outlet Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Grocery Outlet's Tax Provision is very stable compared to the past year. As of the 3rd of May 2024, Enterprise Value Over EBITDA is likely to grow to 27.82, while Selling General Administrative is likely to drop about 790.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 15.6M | 18.0M | 26.1M | 26.8M | Depreciation And Amortization | 71.1M | 78.3M | 88.0M | 65.0M |
Grocery Outlet fundamental ratios Correlations
Click cells to compare fundamentals
Grocery Outlet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grocery Outlet fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.2B | 2.5B | 2.7B | 2.8B | 3.3B | 2.2B | |
| Other Current Liab | 50.9M | 69.7M | 64.7M | 68.5M | 91.4M | 57.0M | |
| Total Current Liabilities | 208.6M | 232.6M | 237.9M | 280.5M | 384.0M | 223.6M | |
| Total Stockholder Equity | 745.4M | 922.3M | 1.0B | 1.1B | 1.2B | 788.4M | |
| Other Liab | 76.0M | 16.0M | 9.4M | 21.3M | 19.1M | 23.5M | |
| Net Tangible Assets | (50.4M) | 126.1M | 209.4M | 298.3M | 343.0M | 360.2M | |
| Retained Earnings | 28.0M | 135.2M | 197.5M | 262.5M | 342.0M | 359.1M | |
| Accounts Payable | 119.2M | 114.3M | 122.1M | 137.6M | 209.4M | 123.2M | |
| Cash | 28.1M | 105.3M | 140.1M | 102.7M | 115.0M | 71.2M | |
| Other Assets | 22.1M | 38.4M | 29.7M | 24.4M | 28.1M | 20.5M | |
| Long Term Debt | 447.7M | 449.2M | 451.5M | 379.7M | 287.1M | 357.1M | |
| Common Stock Total Equity | 89K | 95K | 96K | 98K | 112.7K | 80.8K | |
| Common Stock Shares Outstanding | 81.9M | 98.5M | 99.4M | 100.2M | 100.8M | 96.7M | |
| Inventory | 219.4M | 245.2M | 275.5M | 334.3M | 350.0M | 248.3M | |
| Other Current Assets | 13.5M | 20.1M | 16.8M | 15.1M | 32.4M | 17.0M | |
| Other Stockholder Equity | 717.3M | 787.0M | 811.7M | 847.6M | 877.3M | 678.4M | |
| Total Liab | 1.4B | 1.6B | 1.7B | 1.7B | 2.1B | 1.4B | |
| Short Long Term Debt | 5.4M | 7.3M | 246K | 5.6M | 6.5M | 4.1M | |
| Total Current Assets | 270.8M | 382.0M | 442.7M | 467.4M | 516.6M | 347.5M | |
| Short Term Debt | 38.5M | 48.7M | 51.1M | 54.6M | 69.4M | 37.8M | |
| Intangible Assets | 47.8M | 48.2M | 51.9M | 64.0M | 78.6M | 59.8M | |
| Common Stock | 89K | 95K | 96K | 98K | 99K | 84.3K | |
| Property Plant Equipment | 1.1B | 433.7M | 499.4M | 560.7M | 644.9M | 498.5M | |
| Short Long Term Debt Total | 1.3B | 1.4B | 1.5B | 1.4B | 1.4B | 1.3B | |
| Property Plant And Equipment Net | 1.1B | 1.3B | 1.4B | 1.5B | 1.6B | 1.2B | |
| Net Debt | 1.2B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | |
| Non Current Assets Total | 1.9B | 2.1B | 2.2B | 2.3B | 2.8B | 2.1B | |
| Non Currrent Assets Other | 28.0M | 7.5M | 29.7M | (12.1M) | 10.2M | 10.0M | |
| Cash And Short Term Investments | 28.1M | 105.3M | 140.1M | 102.7M | 115.0M | 81.4M | |
| Net Receivables | 9.9M | 11.4M | 10.4M | 15.2M | 19.1M | 12.5M | |
| Long Term Debt Total | 453.4M | 449.2M | 451.5M | 379.7M | 341.7M | 438.6M | |
| Liabilities And Stockholders Equity | 2.2B | 2.5B | 2.7B | 2.8B | 3.3B | 2.5B | |
| Non Current Liabilities Total | 1.2B | 1.3B | 1.4B | 1.4B | 1.7B | 1.4B | |
| Capital Surpluse | 717.3M | 787.0M | 811.7M | 847.6M | 974.7M | 706.6M | |
| Net Invested Capital | 1.2B | 1.4B | 1.5B | 1.5B | 1.5B | 1.5B | |
| Property Plant And Equipment Gross | 1.1B | 1.3B | 1.4B | 1.5B | 2.0B | 1.2B |
Grocery Outlet Investors Sentiment
The influence of Grocery Outlet'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 Grocery. 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 Grocery Outlet's public news can be used to forecast risks associated with an investment in Grocery. The trend in average sentiment can be used to explain how an investor holding Grocery can time the market purely based on public headlines and social activities around Grocery Outlet Holding. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Grocery Outlet'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 Grocery Outlet'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 Grocery Outlet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Grocery Outlet.
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 Grocery Outlet 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, Grocery Outlet's short interest history, or implied volatility extrapolated from Grocery Outlet options trading.
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When running Grocery Outlet's price analysis, check to measure Grocery Outlet'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 Grocery Outlet is operating at the current time. Most of Grocery Outlet's value examination focuses on studying past and present price action to predict the probability of Grocery Outlet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grocery Outlet's price. Additionally, you may evaluate how the addition of Grocery Outlet to your portfolios can decrease your overall portfolio volatility.
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Is Grocery Outlet'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 Grocery Outlet. If investors know Grocery 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 Grocery Outlet 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 (0.12) | Earnings Share 0.79 | Revenue Per Share 40.214 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0274 |
The market value of Grocery Outlet Holding is measured differently than its book value, which is the value of Grocery that is recorded on the company's balance sheet. Investors also form their own opinion of Grocery Outlet's value that differs from its market value or its book value, called intrinsic value, which is Grocery Outlet'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 Grocery Outlet's market value can be influenced by many factors that don't directly affect Grocery Outlet'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 Grocery Outlet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grocery Outlet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grocery Outlet'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.