Sonoco Gross Profit vs Depreciation And Amortization Analysis

SON Stock  USD 60.28  0.26  0.43%   
Sonoco Products financial indicator trend analysis is much more than just breaking down Sonoco Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonoco Products is a good investment. Please check the relationship between Sonoco Products Gross Profit and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.

Gross Profit vs Depreciation And Amortization

Gross Profit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonoco Products Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have totally related.
The correlation between Sonoco Products' Gross Profit and Depreciation And Amortization is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Sonoco Products, assuming nothing else is changed. The correlation between historical values of Sonoco Products' Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Sonoco Products are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Sonoco Products' Gross Profit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sonoco Products minus its cost of goods sold. It is profit before Sonoco Products operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Sonoco Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonoco Products 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 Sonoco Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.As of the 20th of May 2024, Enterprise Value is likely to grow to about 3.7 B, while Selling General Administrative is likely to drop about 481.1 M.
 2021 2022 2023 2024 (projected)
Total Revenue5.6B7.3B6.8B3.8B
Depreciation And Amortization239.1M358.7M341.0M179.5M

Sonoco Products fundamental ratios Correlations

0.95-0.460.660.740.970.920.930.191.0-0.380.190.710.440.960.910.62-0.110.990.740.340.910.920.740.69-0.61
0.95-0.560.520.580.980.990.80.040.95-0.540.040.550.320.980.950.57-0.330.970.630.260.980.840.830.45-0.69
-0.46-0.56-0.42-0.2-0.49-0.56-0.4-0.01-0.490.16-0.01-0.140.18-0.44-0.50.060.75-0.5-0.24-0.53-0.51-0.47-0.510.150.39
0.660.52-0.420.830.50.470.680.470.610.370.470.85-0.050.470.650.480.030.670.90.850.380.790.060.650.14
0.740.58-0.20.830.630.540.790.380.710.020.380.970.050.610.640.660.180.710.940.440.510.740.290.79-0.04
0.970.98-0.490.50.630.970.870.020.98-0.570.020.60.430.990.910.58-0.240.970.620.180.970.860.850.55-0.73
0.920.99-0.560.470.540.970.77-0.080.94-0.59-0.080.520.30.970.940.55-0.380.940.580.210.990.80.850.4-0.71
0.930.8-0.40.680.790.870.770.260.93-0.230.260.760.460.840.770.44-0.020.90.720.370.770.90.620.76-0.51
0.190.04-0.010.470.380.02-0.080.260.120.391.00.290.120.040.030.110.410.170.460.44-0.070.28-0.20.420.22
1.00.95-0.490.610.710.980.940.930.12-0.440.120.680.460.970.90.61-0.140.990.690.290.930.910.790.66-0.66
-0.38-0.540.160.370.02-0.57-0.59-0.230.39-0.440.390.11-0.29-0.59-0.36-0.240.35-0.380.110.59-0.67-0.11-0.850.10.84
0.190.04-0.010.470.380.02-0.080.261.00.120.390.290.120.040.030.110.410.170.460.44-0.070.28-0.20.420.22
0.710.55-0.140.850.970.60.520.760.290.680.110.290.020.580.650.640.170.690.940.490.480.770.210.80.04
0.440.320.18-0.050.050.430.30.460.120.46-0.290.120.020.440.220.270.410.4-0.02-0.210.370.330.40.55-0.6
0.960.98-0.440.470.610.990.970.840.040.97-0.590.040.580.440.90.61-0.190.970.620.150.980.840.850.56-0.73
0.910.95-0.50.650.640.910.940.770.030.9-0.360.030.650.220.90.61-0.30.940.740.390.890.840.640.5-0.48
0.620.570.060.480.660.580.550.440.110.61-0.240.110.640.270.610.610.310.620.680.070.540.530.350.66-0.19
-0.11-0.330.750.030.18-0.24-0.38-0.020.41-0.140.350.410.170.41-0.19-0.30.31-0.160.11-0.12-0.32-0.13-0.410.550.34
0.990.97-0.50.670.710.970.940.90.170.99-0.380.170.690.40.970.940.62-0.160.740.370.930.930.740.64-0.6
0.740.63-0.240.90.940.620.580.720.460.690.110.460.94-0.020.620.740.680.110.740.580.520.790.20.730.05
0.340.26-0.530.850.440.180.210.370.440.290.590.440.49-0.210.150.390.07-0.120.370.580.110.52-0.170.270.3
0.910.98-0.510.380.510.970.990.77-0.070.93-0.67-0.070.480.370.980.890.54-0.320.930.520.110.750.90.4-0.78
0.920.84-0.470.790.740.860.80.90.280.91-0.110.280.770.330.840.840.53-0.130.930.790.520.750.540.71-0.41
0.740.83-0.510.060.290.850.850.62-0.20.79-0.85-0.20.210.40.850.640.35-0.410.740.2-0.170.90.540.19-0.94
0.690.450.150.650.790.550.40.760.420.660.10.420.80.550.560.50.660.550.640.730.270.40.710.19-0.12
-0.61-0.690.390.14-0.04-0.73-0.71-0.510.22-0.660.840.220.04-0.6-0.73-0.48-0.190.34-0.60.050.3-0.78-0.41-0.94-0.12
Click cells to compare fundamentals

Sonoco Products Account Relationship Matchups

Sonoco Products fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B5.3B5.1B7.1B7.2B7.6B
Short Long Term Debt Total1.7B1.7B1.6B3.5B3.3B3.5B
Other Current Liab(5.7M)(9.3M)(7.4M)(5.5M)10.6M10.1M
Total Current Liabilities1.4B1.5B1.5B1.8B1.2B744.8M
Total Stockholder Equity1.8B1.9B1.8B2.1B2.4B1.3B
Property Plant And Equipment Net1.3B1.2B1.3B2.0B2.2B2.3B
Net Debt1.5B1.1B1.4B3.2B3.2B3.4B
Retained Earnings2.3B2.3B2.1B2.3B2.6B2.8B
Cash145.3M564.8M171.0M227.4M151.9M127.2M
Non Current Assets Total3.6B3.4B3.4B4.7B5.1B5.4B
Non Currrent Assets Other500.6M491.4M514.4M178.3M(597.5M)(567.6M)
Cash And Short Term Investments145.3M564.8M171.0M227.4M151.9M127.2M
Net Receivables811.9M762.4M851.6M962.2M1.0B516.6M
Common Stock Shares Outstanding101.2M101.2M99.6M98.7M98.9M110.4M
Liabilities And Stockholders Equity5.1B5.3B5.1B7.1B7.2B7.6B
Non Current Liabilities Total1.9B1.9B1.7B3.2B3.6B3.8B
Inventory503.8M450.7M562.1M1.1B773.5M812.2M
Other Current Assets60.2M52.6M74.0M106.4M113.4M70.1M
Other Stockholder Equity323.8M325.0M131.8M147.5M166.5M174.9M
Total Liab3.3B3.4B3.2B5.0B4.8B5.0B
Total Current Assets1.5B1.8B1.7B2.4B2.1B1.1B
Short Term Debt488.2M455.8M411.6M502.4M47.1M44.8M
Intangible Assets388.3M321.9M278.1M741.6M853.7M896.4M
Accounts Payable904.9M1.0B1.1B1.3B1.1B1.2B
Property Plant And Equipment Gross1.5B1.2B1.3B2.0B5.3B5.5B
Accumulated Other Comprehensive Income(816.8M)(756.8M)(359.4M)(430.1M)(366.3M)(384.6M)
Other Liab459.0M610.7M498.8M265.5M305.3M426.2M
Other Assets113.0M1.1B12.1M267.6M1.00.95
Long Term Debt1.2B1.2B1.2B2.7B3.0B3.2B
Good Will1.4B1.4B1.3B1.7B1.8B1.1B
Property Plant Equipment1.3B1.2B1.3B2.0B2.3B1.2B
Current Deferred Revenue17.0M16.7M19.0M22.4M20.2M21.2M
Net Tangible Assets239.0M450.5M246.9M(351.1M)(316.0M)(300.2M)
Noncontrolling Interest In Consolidated Entity13.2M13.0M10.9M12.1M10.9M12.6M
Retained Earnings Total Equity2.2B2.3B2.3B2.1B2.4B2.0B
Long Term Debt Total1.2B1.2B1.2B2.7B3.1B3.3B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Sonoco Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonoco Products' 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 Sonoco Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonoco Products Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Sonoco Stock analysis

When running Sonoco Products' price analysis, check to measure Sonoco Products' 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 Sonoco Products is operating at the current time. Most of Sonoco Products' value examination focuses on studying past and present price action to predict the probability of Sonoco Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonoco Products' price. Additionally, you may evaluate how the addition of Sonoco Products to your portfolios can decrease your overall portfolio volatility.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Is Sonoco Products' 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 Sonoco Products. If investors know Sonoco 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 Sonoco Products 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
(0.56)
Dividend Share
2.04
Earnings Share
3.96
Revenue Per Share
67.994
Quarterly Revenue Growth
(0.05)
The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' 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 Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' 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 Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' 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.