SiteOne Current Ratio vs Ev To Sales Analysis

SITE Stock  USD 161.99  0.55  0.34%   
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 Current Ratio and its Ev To Sales 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.

Current Ratio vs Ev To Sales

Current Ratio vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SiteOne Landscape Supply Current Ratio account and Ev To Sales. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SiteOne Landscape's Current Ratio and Ev To Sales is -0.67. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Ev To Sales 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 Current Ratio and Ev To Sales 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 Ratio of SiteOne Landscape Supply are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Current Ratio i.e., SiteOne Landscape's Current Ratio and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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.
As of April 30, 2024, Selling General Administrative is expected to decline to about 745.7 M. In addition to that, Tax Provision is expected to decline to about 33.6 M
 2021 2022 2023 2024 (projected)
Interest Expense19.2M20M27.1M22.0M
Depreciation And Amortization83M103.8M127.7M134.1M

SiteOne Landscape fundamental ratios Correlations

0.820.920.860.860.710.70.920.610.880.50.730.360.50.890.760.730.820.660.870.850.620.840.710.80.36
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

Currently Active Assets on Macroaxis

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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running SiteOne Landscape's price analysis, check to measure SiteOne Landscape'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 SiteOne Landscape is operating at the current time. Most of SiteOne Landscape's value examination focuses on studying past and present price action to predict the probability of SiteOne Landscape's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SiteOne Landscape's price. Additionally, you may evaluate how the addition of SiteOne Landscape to your portfolios can decrease your overall portfolio volatility.
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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
3.8
Revenue Per Share
95.343
Quarterly Revenue Growth
0.084
Return On Assets
0.0599
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.