Sprouts Non Currrent Assets Other vs Total Assets Analysis

SFM Stock  USD 74.66  0.11  0.15%   
Sprouts Farmers financial indicator trend analysis is much more than just breaking down Sprouts Farmers Market prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprouts Farmers Market is a good investment. Please check the relationship between Sprouts Farmers Non Currrent Assets Other and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprouts Farmers Market. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprouts Farmers Market Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sprouts Farmers' Non Currrent Assets Other and Total Assets is -0.13. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sprouts Farmers Market, assuming nothing else is changed. The correlation between historical values of Sprouts Farmers' Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Sprouts Farmers Market are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Sprouts Farmers' Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of Sprouts Farmers assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sprouts Farmers Market books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Sprouts Farmers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprouts Farmers Market 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 Sprouts Farmers Market. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
As of the 9th of May 2024, Selling General Administrative is likely to drop to about 1.1 B. In addition to that, Tax Provision is likely to drop to about 76.1 M
 2021 2022 2023 2024 (projected)
Interest Expense11.7M9.0M12.6M15.4M
Depreciation And Amortization238.7M255.4M265.0M138.7M

Sprouts Farmers fundamental ratios Correlations

-0.33-0.44-0.46-0.28-0.090.14-0.380.04-0.45-0.20.02-0.21-0.350.23-0.10.36-0.21-0.210.310.67-0.42-0.190.070.18-0.39
-0.330.950.850.990.860.30.990.30.920.620.530.781.0-0.130.26-0.490.780.440.55-0.390.960.910.470.670.98
-0.440.950.760.90.670.090.970.330.990.450.430.710.96-0.170.29-0.380.710.280.37-0.521.00.790.330.460.99
-0.460.850.760.860.790.290.830.110.730.780.330.720.84-0.130.32-0.710.720.620.43-0.530.770.760.360.540.8
-0.280.990.90.860.890.410.970.230.870.620.580.760.98-0.120.29-0.480.760.480.59-0.330.920.940.560.710.95
-0.090.860.670.790.890.390.80.340.60.840.420.830.82-0.080.18-0.660.830.530.67-0.120.670.830.550.860.74
0.140.30.090.290.410.390.26-0.530.120.070.83-0.090.290.14-0.060.13-0.090.630.550.20.190.660.460.50.24
-0.380.990.970.830.970.80.260.30.950.560.510.741.0-0.130.3-0.470.740.410.46-0.430.980.890.430.590.99
0.040.30.330.110.230.34-0.530.30.270.41-0.390.560.3-0.060.18-0.460.56-0.250.120.020.270.030.040.250.26
-0.450.920.990.730.870.60.120.950.270.360.470.620.94-0.130.29-0.310.620.290.34-0.530.990.780.280.40.98
-0.20.620.450.780.620.840.070.560.410.360.020.790.58-0.090.12-0.920.790.540.44-0.230.430.50.260.660.48
0.020.530.430.330.580.420.830.51-0.390.470.020.050.530.07-0.090.190.050.530.610.030.510.790.40.560.53
-0.210.780.710.720.760.83-0.090.740.560.620.790.050.75-0.310.18-0.661.00.140.42-0.270.670.570.50.630.71
-0.351.00.960.840.980.820.291.00.30.940.580.530.75-0.110.29-0.470.750.430.52-0.410.970.90.430.640.99
0.23-0.13-0.17-0.13-0.12-0.080.14-0.13-0.06-0.13-0.090.07-0.31-0.110.160.03-0.310.260.140.33-0.15-0.1-0.450.17-0.15
-0.10.260.290.320.290.18-0.060.30.180.290.12-0.090.180.290.16-0.20.18-0.160.05-0.030.270.130.160.070.28
0.36-0.49-0.38-0.71-0.48-0.660.13-0.47-0.46-0.31-0.920.19-0.66-0.470.03-0.2-0.66-0.45-0.120.36-0.34-0.31-0.07-0.4-0.38
-0.210.780.710.720.760.83-0.090.740.560.620.790.051.00.75-0.310.18-0.660.140.42-0.270.670.570.50.630.71
-0.210.440.280.620.480.530.630.41-0.250.290.540.530.140.430.26-0.16-0.450.140.48-0.260.340.6-0.050.510.37
0.310.550.370.430.590.670.550.460.120.340.440.610.420.520.140.05-0.120.420.480.150.410.660.340.840.46
0.67-0.39-0.52-0.53-0.33-0.120.2-0.430.02-0.53-0.230.03-0.27-0.410.33-0.030.36-0.27-0.260.15-0.5-0.220.190.17-0.46
-0.420.961.00.770.920.670.190.980.270.990.430.510.670.97-0.150.27-0.340.670.340.41-0.50.830.350.491.0
-0.190.910.790.760.940.830.660.890.030.780.50.790.570.9-0.10.13-0.310.570.60.66-0.220.830.580.740.87
0.070.470.330.360.560.550.460.430.040.280.260.40.50.43-0.450.16-0.070.5-0.050.340.190.350.580.450.41
0.180.670.460.540.710.860.50.590.250.40.660.560.630.640.170.07-0.40.630.510.840.170.490.740.450.55
-0.390.980.990.80.950.740.240.990.260.980.480.530.710.99-0.150.28-0.380.710.370.46-0.461.00.870.410.55
Click cells to compare fundamentals

Sprouts Farmers Account Relationship Matchups

Sprouts Farmers fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding119.7M118.2M116.1M109.1M103.4M102.5M
Total Assets2.7B2.8B2.9B3.1B3.3B2.1B
Short Long Term Debt Total1.7B1.5B1.5B1.5B1.7B963.9M
Other Current Liab48.6M220.1M214.7M212.9M239.6M251.6M
Total Current Liabilities416.8M496.1M513.5M522.4M546.9M357.0M
Total Stockholder Equity582.0M881.3M959.9M1.0B1.1B779.1M
Other Liab91.3M93.2M94.2M97.5M112.1M109.3M
Property Plant And Equipment Net1.8B1.8B1.8B1.8B2.1B1.1B
Current Deferred Revenue(35.3M)(34.2M)54.4M58.1M52.3M27.0M
Net Debt1.6B1.3B1.3B1.2B1.5B840.8M
Retained Earnings(84.4M)203.0M258.8M320.0M373.6M392.3M
Accounts Payable261.3M139.3M145.9M172.9M179.9M173.5M
Cash85.3M169.7M245.3M293.2M201.8M123.1M
Non Current Assets Total2.3B2.3B2.4B2.4B2.7B1.7B
Non Currrent Assets Other11.7M14.7M13.5M(47.2M)12.3M12.9M
Other Assets11.7M1.1B13.5M14.0M16.1M15.3M
Long Term Debt473.5M572.6M538M250M125M118.8M
Cash And Short Term Investments85.3M169.7M245.3M293.2M201.8M123.1M
Net Receivables15.7M14.8M21.6M16.1M53.9M56.6M
Common Stock Total Equity117K118K111K105K94.5K99.2K
Liabilities And Stockholders Equity2.7B2.8B2.9B3.1B3.3B2.1B
Non Current Liabilities Total1.7B1.4B1.4B1.5B1.6B1.0B
Inventory276.0M254.2M265.4M310.5M323.2M229.8M
Other Current Assets10.8M27.2M35.5M53.9M770K731.5K
Other Stockholder Equity671.0M686.6M704.7M726.3M774.8M711.7M
Total Liab2.1B1.9B2.0B2.0B2.2B1.4B
Property Plant And Equipment Gross1.8B1.8B1.8B1.8B3.1B3.3B
Total Current Assets387.8M466.0M567.7M673.8M603.8M407.3M
Accumulated Other Comprehensive Income1.1M(4.7M)(8.5M)(3.8M)(4.3M)(4.5M)
Short Term Debt106.9M136.7M152.8M136.6M127.3M64.2M
Intangible Assets196.2M194.8M185.4M185.0M208.1M154.6M
Common Stock117K118K111K105K101K100.7K
Property Plant Equipment1.8B726.5M716.0M722.2M830.6M718.8M
Net Tangible Assets28.5M327.5M406.0M492.6M566.5M594.8M
Capital Surpluse671.0M686.6M704.7M726.3M835.3M699.2M
Non Current Liabilities Other17.5M1.4B1.4B1.4B13.4M12.8M

Currently Active Assets on Macroaxis

When determining whether Sprouts Farmers Market is a strong investment it is important to analyze Sprouts Farmers' 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 Sprouts Farmers' future performance. For an informed investment choice regarding Sprouts Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprouts Farmers Market. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Sprouts Farmers Market information on this page should be used as a complementary analysis to other Sprouts Farmers' 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Sprouts Farmers' price analysis, check to measure Sprouts Farmers' 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 Sprouts Farmers is operating at the current time. Most of Sprouts Farmers' value examination focuses on studying past and present price action to predict the probability of Sprouts Farmers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sprouts Farmers' price. Additionally, you may evaluate how the addition of Sprouts Farmers to your portfolios can decrease your overall portfolio volatility.
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Is Sprouts Farmers' 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 Sprouts Farmers. If investors know Sprouts 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 Sprouts Farmers 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
0.534
Earnings Share
2.89
Revenue Per Share
68.65
Quarterly Revenue Growth
0.087
Return On Assets
0.0767
The market value of Sprouts Farmers Market is measured differently than its book value, which is the value of Sprouts that is recorded on the company's balance sheet. Investors also form their own opinion of Sprouts Farmers' value that differs from its market value or its book value, called intrinsic value, which is Sprouts Farmers' 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 Sprouts Farmers' market value can be influenced by many factors that don't directly affect Sprouts Farmers' 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 Sprouts Farmers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprouts Farmers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprouts Farmers' 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.