Sonoco Total Liab vs Long Term Debt Analysis

SON Stock  USD 56.80  1.19  2.14%   
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 Total Liab and its Long Term Debt 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.

Total Liab vs Long Term Debt

Total Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonoco Products Total Liab account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sonoco Products' Total Liab and Long Term Debt is 0.86. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Debt 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' Total Liab and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Sonoco Products are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Liab i.e., Sonoco Products' Total Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Long Term Debt

Long-term debt is a debt that Sonoco Products has held for over one year. Long-term debt appears on Sonoco Products balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sonoco Products balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 5th 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

Currently Active Assets on Macroaxis

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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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.