Sonos Selling And Marketing Expenses vs Net Income From Continuing Ops Analysis

SONO Stock  USD 16.38  0.05  0.30%   
Sonos financial indicator trend analysis is much more than just breaking down Sonos Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonos Inc is a good investment. Please check the relationship between Sonos Selling And Marketing Expenses and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonos Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Selling And Marketing Expenses vs Net Income From Continuing Ops

Selling And Marketing Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonos Inc Selling And Marketing Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have no relationship.
The correlation between Sonos' Selling And Marketing Expenses and Net Income From Continuing Ops is 0.08. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Sonos Inc, assuming nothing else is changed. The correlation between historical values of Sonos' Selling And Marketing Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Sonos Inc are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Selling And Marketing Expenses i.e., Sonos' Selling And Marketing Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling And Marketing Expenses

Net Income From Continuing Ops

Most indicators from Sonos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonos Inc 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 Sonos Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Sonos' Tax Provision is very stable compared to the past year. As of the 22nd of May 2024, Enterprise Value is likely to grow to about 1.4 B, while Selling General Administrative is likely to drop about 145.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit796.4M716.5M824.0M571.4M
Total Revenue1.8B1.7B1.9B1.2B

Sonos fundamental ratios Correlations

0.750.960.980.950.940.710.890.780.83-0.530.840.720.920.590.370.910.950.90.960.43-0.830.98-0.940.290.75
0.750.860.690.540.70.250.810.90.4-0.420.870.160.670.180.160.520.730.660.770.1-0.690.85-0.6-0.340.21
0.960.860.910.860.910.570.970.840.71-0.450.90.590.890.460.280.860.910.870.980.34-0.810.99-0.860.110.63
0.980.690.910.940.930.770.820.730.86-0.630.80.740.90.650.380.890.960.860.880.48-0.850.94-0.940.290.77
0.950.540.860.940.850.710.80.60.8-0.480.690.760.90.60.560.940.890.860.890.49-0.750.87-0.880.420.78
0.940.70.910.930.850.730.820.820.88-0.460.820.750.880.610.130.810.860.830.910.37-0.850.95-0.940.380.77
0.710.250.570.770.710.730.450.310.95-0.460.490.910.580.870.050.740.790.60.590.55-0.480.59-0.870.610.91
0.890.810.970.820.80.820.450.730.6-0.390.860.550.840.360.240.860.820.780.940.32-0.810.92-0.760.040.58
0.780.90.840.730.60.820.310.730.54-0.420.770.280.730.240.130.480.70.770.810.09-0.710.88-0.7-0.030.33
0.830.40.710.860.80.880.950.60.54-0.50.580.930.720.820.060.780.840.730.740.5-0.630.75-0.950.610.94
-0.53-0.42-0.45-0.63-0.48-0.46-0.46-0.39-0.42-0.5-0.34-0.4-0.43-0.41-0.11-0.4-0.63-0.58-0.35-0.410.62-0.480.490.09-0.44
0.840.870.90.80.690.820.490.860.770.58-0.340.430.770.380.210.740.810.710.830.26-0.760.89-0.72-0.040.45
0.720.160.590.740.760.750.910.550.280.93-0.40.430.650.80.040.80.720.630.640.55-0.560.6-0.840.731.0
0.920.670.890.90.90.880.580.840.730.72-0.430.770.650.320.40.860.830.810.890.12-0.830.91-0.840.280.67
0.590.180.460.650.60.610.870.360.240.82-0.410.380.80.320.030.620.660.490.470.85-0.410.48-0.740.530.79
0.370.160.280.380.560.130.050.240.130.06-0.110.210.040.40.030.420.330.340.320.16-0.190.3-0.160.020.05
0.910.520.860.890.940.810.740.860.480.78-0.40.740.80.860.620.420.880.760.870.52-0.740.84-0.860.370.82
0.950.730.910.960.890.860.790.820.70.84-0.630.810.720.830.660.330.880.880.880.49-0.730.91-0.920.210.75
0.90.660.870.860.860.830.60.780.770.73-0.580.710.630.810.490.340.760.880.90.4-0.640.88-0.850.320.66
0.960.770.980.880.890.910.590.940.810.74-0.350.830.640.890.470.320.870.880.90.34-0.740.97-0.890.270.68
0.430.10.340.480.490.370.550.320.090.5-0.410.260.550.120.850.160.520.490.40.34-0.330.33-0.470.30.55
-0.83-0.69-0.81-0.85-0.75-0.85-0.48-0.81-0.71-0.630.62-0.76-0.56-0.83-0.41-0.19-0.74-0.73-0.64-0.74-0.33-0.840.72-0.05-0.58
0.980.850.990.940.870.950.590.920.880.75-0.480.890.60.910.480.30.840.910.880.970.33-0.84-0.890.160.63
-0.94-0.6-0.86-0.94-0.88-0.94-0.87-0.76-0.7-0.950.49-0.72-0.84-0.84-0.74-0.16-0.86-0.92-0.85-0.89-0.470.72-0.89-0.48-0.87
0.29-0.340.110.290.420.380.610.04-0.030.610.09-0.040.730.280.530.020.370.210.320.270.3-0.050.16-0.480.71
0.750.210.630.770.780.770.910.580.330.94-0.440.451.00.670.790.050.820.750.660.680.55-0.580.63-0.870.71
Click cells to compare fundamentals

Sonos Account Relationship Matchups

Sonos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets816.1M1.1B1.2B1.0B1.2B746.0M
Other Current Liab109.8M214.5M162.0M34.3M39.4M37.4M
Total Current Liabilities393.0M476.1M535.6M354.2M407.4M333.7M
Total Stockholder Equity297.8M569.0M560.5M518.7M596.5M299.1M
Other Liab53.4M56.6M59.7M66.6M76.6M50.8M
Net Tangible Assets279.9M255.9M529.0M392.1M451.0M473.5M
Retained Earnings(228.5M)(69.9M)(2.5M)(12.8M)(14.7M)(15.4M)
Accounts Payable250.3M215.0M335.8M188.0M216.2M188.9M
Cash407.1M640.1M274.9M220.2M253.3M285.1M
Other Assets3.3M10.6M36.1M38.1M43.9M46.0M
Net Receivables54.9M100.8M101.2M67.6M77.7M70.2M
Common Stock Total Equity110K114K129K130K149.5K96.0K
Inventory180.8M185.1M454.3M346.5M398.5M202.2M
Other Current Assets17.5M31.5M37.0M25.3M29.1M18.5M
Other Stockholder Equity528.1M640.2M566.5M534.8M615.0M321.2M
Total Liab518.2M569.8M627.9M483.6M556.1M457.6M
Total Current Assets660.4M957.5M867.4M659.6M758.6M572.8M
Accumulated Other Comprehensive Income(1.9M)(1.4M)(3.6M)(3.4M)(3.1M)(2.9M)
Treasury Stock(13.5M)(20.9M)(50.3M)(50.9M)(45.8M)(43.5M)
Short Term Debt17.6M10.7M10.5M111.8M128.6M135.0M
Intangible Assets26.4M24.5M91.1M90.0M103.5M108.7M
Common Stock110K114K129K130K149.5K94.1K
Property Plant Equipment78.1M60.8M71.3M114.5M131.7M85.0M
Common Stock Shares Outstanding109.8M140.3M137.8M127.7M146.9M114.4M
Short Long Term Debt Total86.2M44.7M36.1M55.0M63.2M49.4M
Property Plant And Equipment Net103.1M105.2M114.5M136.0M156.4M111.1M
Current Deferred Revenue15.3M35.9M27.3M20.2M23.2M19.6M
Net Debt(320.9M)(595.4M)(238.7M)(165.3M)(148.7M)(156.2M)
Non Current Assets Total155.7M181.3M321.0M342.6M394.0M413.7M
Non Currrent Assets Other8.8M26.1M36.6M34.5M39.7M41.7M
Cash And Short Term Investments407.1M640.1M274.9M220.2M253.3M291.2M
Liabilities And Stockholders Equity816.1M1.1B1.2B1.0B1.2B848.9M
Non Current Liabilities Total125.2M93.6M92.2M129.4M116.4M96.9M
Property Plant And Equipment Gross103.1M265.3M114.5M136.0M156.4M133.1M

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When determining whether Sonos Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonos' 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 Sonos Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonos Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonos Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Sonos' price analysis, check to measure Sonos' 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 Sonos is operating at the current time. Most of Sonos' value examination focuses on studying past and present price action to predict the probability of Sonos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonos' price. Additionally, you may evaluate how the addition of Sonos to your portfolios can decrease your overall portfolio volatility.
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Is Sonos' 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 Sonos. If investors know Sonos 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 Sonos 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
0.123
Earnings Share
(0.34)
Revenue Per Share
12.24
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.01)
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' 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 Sonos' market value can be influenced by many factors that don't directly affect Sonos' 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 Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' 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.