Sweetgreen Current Deferred Revenue vs Cost Of Revenue Analysis
| SG Stock | USD 31.56 8.00 33.96% |
Sweetgreen financial indicator trend analysis is much more than just breaking down Sweetgreen prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sweetgreen is a good investment. Please check the relationship between Sweetgreen Current Deferred Revenue and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sweetgreen. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.
Current Deferred Revenue vs Cost Of Revenue
Current Deferred Revenue vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sweetgreen Current Deferred Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sweetgreen's Current Deferred Revenue and Cost Of Revenue is -0.16. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Sweetgreen, assuming nothing else is changed. The correlation between historical values of Sweetgreen's Current Deferred Revenue and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Sweetgreen are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Current Deferred Revenue i.e., Sweetgreen's Current Deferred Revenue and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Cost Of Revenue
Cost of Revenue is found on Sweetgreen income statement and represents the costs associated with goods and services Sweetgreen provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Sweetgreen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sweetgreen 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 Sweetgreen. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.The Sweetgreen's current Sales General And Administrative To Revenue is estimated to increase to 0.25, while Tax Provision is projected to decrease to roughly 2.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 469.3M | 646.2M | 688.4M | 525.5M | Depreciation And Amortization | 17.0M | 50.8M | 59.5M | 37.4M |
Sweetgreen fundamental ratios Correlations
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Sweetgreen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sweetgreen fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 386.4M | 265.7M | 762.6M | 908.9M | 912.3M | 1.2B | |
| Other Current Liab | 24.6M | 30.1M | 36.3M | 29.3M | 40.0M | 38.0M | |
| Total Current Liabilities | 32.9M | 36.3M | 47.5M | 72.5M | 91.6M | 87.0M | |
| Total Stockholder Equity | (173.2M) | (307.4M) | 653.1M | 541.2M | 482.6M | 417.7M | |
| Net Debt | (249.3M) | (102.6M) | (472.0M) | (30.9M) | 45.6M | 64.5M | |
| Retained Earnings | (181.8M) | (323.0M) | (476.2M) | (671.6M) | (785.0M) | (745.7M) | |
| Accounts Payable | 8.3M | 6.2M | 11.2M | 12.2M | 17.4M | 16.5M | |
| Cash | 249.3M | 102.6M | 472.0M | 331.6M | 257.2M | 280.9M | |
| Non Current Assets Total | 124.8M | 149.8M | 256.0M | 562.8M | 636.2M | 558.9M | |
| Non Currrent Assets Other | 5.1M | 5.4M | 6.5M | 5.4M | 6.1M | 5.8M | |
| Cash And Short Term Investments | 249.3M | 102.6M | 472.0M | 331.6M | 257.2M | 299.7M | |
| Net Receivables | 5.0M | 6.6M | 19.3M | 3.2M | 3.5M | 3.3M | |
| Liabilities And Stockholders Equity | 386.4M | 265.7M | 762.6M | 908.9M | 912.3M | 1.2B | |
| Non Current Liabilities Total | 526.7M | 536.7M | 62.0M | 295.2M | 338.1M | 327.4M | |
| Other Current Assets | 396K | 602K | 680K | 1.7M | 13.2M | 12.6M | |
| Other Stockholder Equity | 8.6M | (486.0M) | 1.1B | 303.8M | 1.3B | 649.7M | |
| Total Liab | 559.6M | 573.0M | 109.5M | 367.7M | 429.7M | 814.5M | |
| Total Current Assets | 261.6M | 115.9M | 506.7M | 346.1M | 276.0M | 262.2M | |
| Intangible Assets | 5.7M | 10.9M | 32.9M | 30.6M | 27.4M | 40.4M | |
| Common Stock | 15K | 17K | 109K | 111K | 113K | 208.7K |
Sweetgreen Investors Sentiment
The influence of Sweetgreen'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 Sweetgreen. 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 Sweetgreen's public news can be used to forecast risks associated with an investment in Sweetgreen. The trend in average sentiment can be used to explain how an investor holding Sweetgreen can time the market purely based on public headlines and social activities around Sweetgreen. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sweetgreen'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 Sweetgreen'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 Sweetgreen's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sweetgreen.
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 Sweetgreen 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, Sweetgreen's short interest history, or implied volatility extrapolated from Sweetgreen options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sweetgreen. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.Note that the Sweetgreen information on this page should be used as a complementary analysis to other Sweetgreen'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Sweetgreen Stock analysis
When running Sweetgreen's price analysis, check to measure Sweetgreen'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 Sweetgreen is operating at the current time. Most of Sweetgreen's value examination focuses on studying past and present price action to predict the probability of Sweetgreen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sweetgreen's price. Additionally, you may evaluate how the addition of Sweetgreen to your portfolios can decrease your overall portfolio volatility.
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Is Sweetgreen'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 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.