SiteOne Common Stock Shares Outstanding vs Retained Earnings Analysis

SITE Stock  USD 153.28  6.42  4.02%   
SiteOne Landscape financial indicator trend analysis is much more than just breaking down SiteOne Landscape Supply prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SiteOne Landscape Supply is a good investment. Please check the relationship between SiteOne Landscape Common Stock Shares Outstanding and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SiteOne Landscape Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Common Stock Shares Outstanding vs Retained Earnings

Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SiteOne Landscape Supply Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between SiteOne Landscape's Common Stock Shares Outstanding and Retained Earnings is 0.61. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of SiteOne Landscape Supply, assuming nothing else is changed. The correlation between historical values of SiteOne Landscape's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of SiteOne Landscape Supply are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., SiteOne Landscape's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from SiteOne Landscape's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SiteOne Landscape Supply 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 SiteOne Landscape Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
The current year's Enterprise Value is expected to grow to about 8.5 B, whereas Selling General Administrative is forecasted to decline to about 745.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense19.2M20M27.1M22.0M
Depreciation And Amortization83M103.8M127.7M134.1M

SiteOne Landscape fundamental ratios Correlations

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0.820.890.980.990.90.890.860.860.970.70.90.10.70.980.90.790.990.880.940.960.830.990.890.990.2
0.920.890.880.90.750.791.00.70.90.570.810.290.570.930.830.930.870.690.820.970.730.890.80.860.36
0.860.980.880.990.880.850.860.820.980.690.880.120.690.980.890.750.980.810.960.940.780.980.860.970.33
0.860.990.90.990.890.870.880.840.990.680.890.090.680.990.90.780.990.850.960.960.80.990.880.980.25
0.710.90.750.880.890.980.730.980.870.870.990.110.870.880.990.660.90.820.870.830.960.90.970.90.11
0.70.890.790.850.870.980.760.960.840.880.990.070.880.860.980.740.870.760.840.860.980.871.00.880.11
0.920.861.00.860.880.730.760.670.880.520.790.280.520.910.810.930.860.660.80.950.710.870.780.840.36
0.610.860.70.820.840.980.960.670.820.870.970.090.870.830.970.650.860.810.780.80.970.860.960.860.03
0.880.970.90.980.990.870.840.880.820.630.870.110.630.990.890.780.980.850.930.950.770.990.840.970.23
0.50.70.570.690.680.870.880.520.870.630.880.241.00.650.860.530.660.620.690.650.930.680.870.690.16
0.730.90.810.880.890.990.990.790.970.870.880.120.880.890.990.750.90.790.850.880.980.90.990.90.16
0.360.10.290.120.090.110.070.280.090.110.240.120.240.170.190.240.080.060.090.170.180.130.070.070.32
0.50.70.570.690.680.870.880.520.870.631.00.880.240.650.860.530.660.620.690.650.930.680.870.690.16
0.890.980.930.980.990.880.860.910.830.990.650.890.170.650.90.820.990.860.930.970.790.990.860.980.24
0.760.90.830.890.90.990.980.810.970.890.860.990.190.860.90.760.90.790.850.890.960.910.970.90.21
0.730.790.930.750.780.660.740.930.650.780.530.750.240.530.820.760.780.60.630.930.710.790.750.770.34
0.820.990.870.980.990.90.870.860.860.980.660.90.080.660.990.90.780.880.930.950.811.00.870.990.2
0.660.880.690.810.850.820.760.660.810.850.620.790.060.620.860.790.60.880.810.780.730.890.760.9-0.11
0.870.940.820.960.960.870.840.80.780.930.690.850.090.690.930.850.630.930.810.860.760.930.840.930.27
0.850.960.970.940.960.830.860.950.80.950.650.880.170.650.970.890.930.950.780.860.80.960.870.940.3
0.620.830.730.780.80.960.980.710.970.770.930.980.180.930.790.960.710.810.730.760.80.810.980.820.08
0.840.990.890.980.990.90.870.870.860.990.680.90.130.680.990.910.791.00.890.930.960.810.880.990.21
0.710.890.80.860.880.971.00.780.960.840.870.990.070.870.860.970.750.870.760.840.870.980.880.880.12
0.80.990.860.970.980.90.880.840.860.970.690.90.070.690.980.90.770.990.90.930.940.820.990.880.23
0.360.20.360.330.250.110.110.360.030.230.160.160.320.160.240.210.340.2-0.110.270.30.080.210.120.23
Click cells to compare fundamentals

SiteOne Landscape Account Relationship Matchups

SiteOne Landscape fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding42.8M44.1M45.8M45.8M45.7M36.3M
Total Assets1.4B1.7B2.1B2.5B2.8B1.5B
Short Long Term Debt Total782.7M568M606.9M739.5M861.4M566.0M
Other Current Liab82.3M123.5M172.5M180.7M188.8M108.7M
Total Current Liabilities310.8M368.6M512.9M559.8M578.3M336.1M
Total Stockholder Equity393.2M795M1.1B1.3B1.5B1.6B
Property Plant And Equipment Net335.9M386.5M450M510.4M638.3M670.2M
Net Debt763.7M512.8M553.2M710.4M778.9M531.7M
Retained Earnings137.8M259.1M497.5M742.9M916.3M962.1M
Accounts Payable162.2M172.8M254.5M279.7M270.8M179.2M
Cash19M55.2M53.7M29.1M82.5M86.6M
Non Current Assets Total677.5M844.1M987.3M1.2B1.4B1.5B
Cash And Short Term Investments19M55.2M53.7M29.1M82.5M86.6M
Net Receivables290.4M299.6M397.1M466.4M490.6M300.6M
Good Will181.3M250.6M311.1M411.9M485.5M509.8M
Liabilities And Stockholders Equity1.4B1.7B2.1B2.5B2.8B1.5B
Non Current Liabilities Total739.3M532.1M545.5M671.2M764.5M609.6M
Inventory427.1M458.6M636.6M767.7M771.2M483.7M
Other Current Assets29.3M38.2M41.4M56.1M61M36.7M
Other Stockholder Equity261.5M541.8M562M551.8M565.1M336.1M
Total Liab1.1B900.7M1.1B1.2B1.3B945.6M
Property Plant And Equipment Gross339.4M386.5M450M510.4M882.5M926.6M
Total Current Assets765.8M851.6M1.1B1.3B1.4B855.1M
Accumulated Other Comprehensive Income(6.5M)(6.3M)(2.2M)7.7M4.2M4.4M
Short Term Debt59.8M66.6M77.1M88.9M110.7M116.2M
Intangible Assets150.6M196.3M213.9M276M280.8M177.1M
Other Liab11.1M30.7M15.7M20.6M18.5M17.5M
Net Tangible Assets57.8M348.1M532.7M615M707.3M742.6M
Other Assets9.2M5.9M6.2M10.7M12.3M9.1M
Long Term Debt520.4M260.7M251.2M346.6M367.6M378.2M
Deferred Long Term Liab3.2M5.4M5.1M7.8M7.0M10.4M
Property Plant Equipment335.9M386.5M450M510.4M587.0M616.3M
Long Term Debt Total536.6M260.7M251.2M346.6M311.9M298.9M
Capital Surpluse261.5M541.8M562M577.1M663.7M377.4M
Retained Earnings Total Equity137.8M259.1M497.5M742.9M854.3M897.1M
Capital Lease Obligations257.8M304.5M351.7M388.9M488.5M251.5M

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When determining whether SiteOne Landscape Supply is a strong investment it is important to analyze SiteOne Landscape's 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 SiteOne Landscape's future performance. For an informed investment choice regarding SiteOne 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 SiteOne Landscape Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Is SiteOne Landscape'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 SiteOne Landscape. If investors know SiteOne 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 SiteOne Landscape 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
(0.22)
Earnings Share
3.47
Revenue Per Share
96.72
Quarterly Revenue Growth
0.08
Return On Assets
0.0505
The market value of SiteOne Landscape Supply is measured differently than its book value, which is the value of SiteOne that is recorded on the company's balance sheet. Investors also form their own opinion of SiteOne Landscape's value that differs from its market value or its book value, called intrinsic value, which is SiteOne Landscape'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 SiteOne Landscape's market value can be influenced by many factors that don't directly affect SiteOne Landscape'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 SiteOne Landscape's value and its price as these two are different measures arrived at by different means. Investors typically determine if SiteOne Landscape is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SiteOne Landscape'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.