Superior Asset Turnover vs Total Assets Analysis

SGC Stock  USD 16.47  0.63  3.98%   
Superior Uniform financial indicator trend analysis is much more than just breaking down Superior Uniform prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Superior Uniform is a good investment. Please check the relationship between Superior Uniform Asset Turnover and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Uniform Group. 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.

Asset Turnover vs Total Assets

Asset Turnover vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Superior Uniform Asset Turnover account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Superior Uniform's Asset Turnover and Total Assets is -0.46. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Assets in the same time period over historical financial statements of Superior Uniform Group, assuming nothing else is changed. The correlation between historical values of Superior Uniform's Asset Turnover 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 Asset Turnover of Superior Uniform Group 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 Asset Turnover i.e., Superior Uniform's Asset Turnover and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Assets

Total assets refers to the total amount of Superior Uniform 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 Superior Uniform 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 Superior Uniform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Superior Uniform 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 Superior Uniform Group. 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.
The current year's Selling General Administrative is expected to grow to about 193.3 M, whereas Tax Provision is projected to grow to (610.9 K).
 2021 2022 2023 2024 (projected)
Gross Profit186.0M193.4M203.5M213.7M
Total Revenue537.0M578.8M543.3M570.5M

Superior Uniform fundamental ratios Correlations

0.950.910.960.990.950.930.880.780.980.970.780.990.20.960.830.760.971.00.750.990.750.940.970.440.91
0.950.780.850.90.871.00.810.750.930.90.750.950.230.990.780.710.90.970.640.940.650.930.880.510.98
0.910.780.960.910.90.760.810.720.850.880.720.920.260.790.750.620.860.890.740.920.680.780.930.390.75
0.960.850.960.970.940.830.870.750.940.950.750.960.210.850.780.70.930.950.780.960.80.860.980.340.79
0.990.90.910.970.940.880.90.750.970.960.750.970.160.910.830.780.980.970.750.980.780.920.970.420.84
0.950.870.90.940.940.830.760.880.90.960.880.940.190.880.770.630.950.940.890.960.630.810.970.290.83
0.931.00.760.830.880.830.820.680.930.870.680.930.260.980.780.730.870.960.580.920.670.940.850.550.98
0.880.810.810.870.90.760.820.470.890.810.470.850.310.810.910.910.820.860.450.860.810.870.830.610.77
0.780.750.720.750.750.880.680.470.70.831.00.79-0.030.760.550.370.840.790.910.810.360.620.820.060.69
0.980.930.850.940.970.90.930.890.70.950.70.970.230.940.780.760.950.980.690.950.820.980.940.420.89
0.970.90.880.950.960.960.870.810.830.950.830.970.230.910.720.660.960.960.830.960.730.890.980.30.85
0.780.750.720.750.750.880.680.471.00.70.830.79-0.030.760.550.370.840.790.910.810.360.620.820.060.69
0.990.950.920.960.970.940.930.850.790.970.970.790.220.950.780.690.950.990.770.990.730.930.970.40.91
0.20.230.260.210.160.190.260.31-0.030.230.23-0.030.220.230.260.280.070.230.020.180.20.230.210.320.36
0.960.990.790.850.910.880.980.810.760.940.910.760.950.230.790.720.920.980.660.950.630.940.880.490.98
0.830.780.750.780.830.770.780.910.550.780.720.550.780.260.790.910.780.820.440.840.570.740.760.690.76
0.760.710.620.70.780.630.730.910.370.760.660.370.690.280.720.910.70.740.250.740.650.750.670.730.69
0.970.90.860.930.980.950.870.820.840.950.960.840.950.070.920.780.70.960.810.970.70.90.940.350.83
1.00.970.890.950.970.940.960.860.790.980.960.790.990.230.980.820.740.960.740.990.730.950.960.450.94
0.750.640.740.780.750.890.580.450.910.690.830.910.770.020.660.440.250.810.740.770.430.580.84-0.160.58
0.990.940.920.960.980.960.920.860.810.950.960.810.990.180.950.840.740.970.990.770.70.90.970.450.9
0.750.650.680.80.780.630.670.810.360.820.730.360.730.20.630.570.650.70.730.430.70.790.740.320.58
0.940.930.780.860.920.810.940.870.620.980.890.620.930.230.940.740.750.90.950.580.90.790.860.460.91
0.970.880.930.980.970.970.850.830.820.940.980.820.970.210.880.760.670.940.960.840.970.740.860.290.82
0.440.510.390.340.420.290.550.610.060.420.30.060.40.320.490.690.730.350.45-0.160.450.320.460.290.55
0.910.980.750.790.840.830.980.770.690.890.850.690.910.360.980.760.690.830.940.580.90.580.910.820.55
Click cells to compare fundamentals

Superior Uniform Account Relationship Matchups

Superior Uniform fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets358.9M393.9M470.2M456.9M426.8M448.2M
Short Long Term Debt Total123.0M89.3M119.9M159.3M110.5M116.0M
Other Current Liab17.6M45.2M34.7M37.2M35.8M37.6M
Total Current Liabilities69.4M104.9M111.1M85.2M100.6M105.6M
Total Stockholder Equity157.6M191.6M227.0M192.6M197.6M207.5M
Property Plant And Equipment Net38.3M40.5M57.9M60.5M64.8M68.0M
Net Debt114.0M84.1M110.9M141.5M90.6M95.2M
Retained Earnings107.6M142.0M163.8M123.0M122.5M74.5M
Cash9.0M5.2M8.9M17.7M19.9M20.9M
Non Current Assets Total147.2M145.5M171.0M139.0M147.5M154.8M
Non Currrent Assets Other10.1M10.1M13.2M12.0M14.8M15.5M
Cash And Short Term Investments9.0M5.2M8.9M17.7M19.9M20.9M
Net Receivables119.4M142.5M150.6M161.1M152.5M160.1M
Common Stock Shares Outstanding15.3M15.5M16.1M15.8M16.2M12.4M
Liabilities And Stockholders Equity358.9M393.9M470.2M456.9M426.8M448.2M
Non Current Liabilities Total132.0M97.4M132.1M179.2M128.6M135.0M
Inventory73.4M89.8M120.6M125.0M98.1M55.5M
Other Current Assets9.9M11.0M19.2M14.2M8.9M4.5M
Other Stockholder Equity57.4M61.8M69.4M72.6M77.4M81.3M
Total Liab201.4M202.3M243.3M264.3M229.2M240.7M
Property Plant And Equipment Gross38.3M40.5M57.9M60.5M135.9M142.7M
Total Current Assets211.7M248.5M299.3M318.0M279.4M293.3M
Accumulated Other Comprehensive Income(7.5M)(12.2M)(6.2M)(3.0M)(2.3M)(2.4M)
Intangible Assets62.5M58.7M60.4M55.8M51.2M53.7M
Accounts Payable33.3M39.3M52.3M42.1M50.5M53.0M
Other Assets10.1M14.0M13.2M22.7M1.00.95
Long Term Debt104.0M72.4M100.8M151.6M88.8M93.2M
Property Plant Equipment32.8M36.6M57.9M51.4M59.1M62.1M
Other Liab25.6M23.5M29.3M23.6M27.2M15.9M
Net Tangible Assets61.1M98.4M124.9M196.5M226.0M237.3M
Retained Earnings Total Equity107.6M142.0M163.8M123.0M141.4M92.1M
Long Term Debt Total104.0M72.4M100.8M151.6M174.3M183.0M
Capital Surpluse57.4M61.8M69.4M72.6M83.5M50.9M
Deferred Long Term Liab8.5M7.0M450K359K412.9K392.2K
Non Current Liabilities Other18.6M23.0M11.8M23.6M9.3M17.1M

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When determining whether Superior Uniform offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Superior Uniform'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 Superior Uniform Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Superior Uniform Group Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Uniform Group. 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.
Note that the Superior Uniform information on this page should be used as a complementary analysis to other Superior Uniform'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Superior Uniform's price analysis, check to measure Superior Uniform'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 Superior Uniform is operating at the current time. Most of Superior Uniform's value examination focuses on studying past and present price action to predict the probability of Superior Uniform's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Superior Uniform's price. Additionally, you may evaluate how the addition of Superior Uniform to your portfolios can decrease your overall portfolio volatility.
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Is Superior Uniform'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 Superior Uniform. If investors know Superior 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 Superior Uniform 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
0.639
Dividend Share
0.56
Earnings Share
0.54
Revenue Per Share
34.024
Quarterly Revenue Growth
(0.01)
The market value of Superior Uniform is measured differently than its book value, which is the value of Superior that is recorded on the company's balance sheet. Investors also form their own opinion of Superior Uniform's value that differs from its market value or its book value, called intrinsic value, which is Superior Uniform'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 Superior Uniform's market value can be influenced by many factors that don't directly affect Superior Uniform'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 Superior Uniform's value and its price as these two are different measures arrived at by different means. Investors typically determine if Superior Uniform is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Superior Uniform'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.