Sonos Total Revenue vs Gross Profit Analysis

SONO Stock

USD 17.32 0.10 0.58%

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 Total Revenue and its Gross Profit 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.

Total Revenue vs Gross Profit

Total Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonos Inc Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have totally related.

The correlation between Sonos' Total Revenue and Gross Profit is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Sonos Inc, assuming nothing else is changed. The correlation between historical values of Sonos' Total Revenue and Gross Profit 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 Revenue of Sonos Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., Sonos' Total Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts Sonos Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sonos Inc minus its cost of goods sold. It is profit before Sonos 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.

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 15th 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 Profit	796.4M	716.5M	824.0M	571.4M
Total Revenue	1.8B	1.7B	1.9B	1.2B

Gross Profit Total Revenue

Sonos fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Retained Earnings Total Equity	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt	Intangible Assets
Total Assets		0.75	0.96	0.98	0.95	0.94	0.71	0.89	0.78	0.83	-0.53	0.84	0.72	0.92	0.59	0.37	0.91	0.95	0.9	0.96	0.43	-0.83	0.98	-0.94	0.29	0.75
Other Current Liab	0.75		0.86	0.69	0.54	0.7	0.25	0.81	0.9	0.4	-0.42	0.87	0.16	0.67	0.18	0.16	0.52	0.73	0.66	0.77	0.1	-0.69	0.85	-0.6	-0.34	0.21
Total Current Liabilities	0.96	0.86		0.91	0.86	0.91	0.57	0.97	0.84	0.71	-0.45	0.9	0.59	0.89	0.46	0.28	0.86	0.91	0.87	0.98	0.34	-0.81	0.99	-0.86	0.11	0.63
Total Stockholder Equity	0.98	0.69	0.91		0.94	0.93	0.77	0.82	0.73	0.86	-0.63	0.8	0.74	0.9	0.65	0.38	0.89	0.96	0.86	0.88	0.48	-0.85	0.94	-0.94	0.29	0.77
Other Liab	0.95	0.54	0.86	0.94		0.85	0.71	0.8	0.6	0.8	-0.48	0.69	0.76	0.9	0.6	0.56	0.94	0.89	0.86	0.89	0.49	-0.75	0.87	-0.88	0.42	0.78
Net Tangible Assets	0.94	0.7	0.91	0.93	0.85		0.73	0.82	0.82	0.88	-0.46	0.82	0.75	0.88	0.61	0.13	0.81	0.86	0.83	0.91	0.37	-0.85	0.95	-0.94	0.38	0.77
Retained Earnings	0.71	0.25	0.57	0.77	0.71	0.73		0.45	0.31	0.95	-0.46	0.49	0.91	0.58	0.87	0.05	0.74	0.79	0.6	0.59	0.55	-0.48	0.59	-0.87	0.61	0.91
Accounts Payable	0.89	0.81	0.97	0.82	0.8	0.82	0.45		0.73	0.6	-0.39	0.86	0.55	0.84	0.36	0.24	0.86	0.82	0.78	0.94	0.32	-0.81	0.92	-0.76	0.04	0.58
Cash	0.78	0.9	0.84	0.73	0.6	0.82	0.31	0.73		0.54	-0.42	0.77	0.28	0.73	0.24	0.13	0.48	0.7	0.77	0.81	0.09	-0.71	0.88	-0.7	-0.03	0.33
Other Assets	0.83	0.4	0.71	0.86	0.8	0.88	0.95	0.6	0.54		-0.5	0.58	0.93	0.72	0.82	0.06	0.78	0.84	0.73	0.74	0.5	-0.63	0.75	-0.95	0.61	0.94
Long Term Debt	-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	-0.41	0.62	-0.48	0.49	0.09	-0.44
Net Receivables	0.84	0.87	0.9	0.8	0.69	0.82	0.49	0.86	0.77	0.58	-0.34		0.43	0.77	0.38	0.21	0.74	0.81	0.71	0.83	0.26	-0.76	0.89	-0.72	-0.04	0.45
Good Will	0.72	0.16	0.59	0.74	0.76	0.75	0.91	0.55	0.28	0.93	-0.4	0.43		0.65	0.8	0.04	0.8	0.72	0.63	0.64	0.55	-0.56	0.6	-0.84	0.73	1.0
Common Stock Total Equity	0.92	0.67	0.89	0.9	0.9	0.88	0.58	0.84	0.73	0.72	-0.43	0.77	0.65		0.32	0.4	0.86	0.83	0.81	0.89	0.12	-0.83	0.91	-0.84	0.28	0.67
Retained Earnings Total Equity	0.59	0.18	0.46	0.65	0.6	0.61	0.87	0.36	0.24	0.82	-0.41	0.38	0.8	0.32		0.03	0.62	0.66	0.49	0.47	0.85	-0.41	0.48	-0.74	0.53	0.79
Short Term Investments	0.37	0.16	0.28	0.38	0.56	0.13	0.05	0.24	0.13	0.06	-0.11	0.21	0.04	0.4	0.03		0.42	0.33	0.34	0.32	0.16	-0.19	0.3	-0.16	0.02	0.05
Inventory	0.91	0.52	0.86	0.89	0.94	0.81	0.74	0.86	0.48	0.78	-0.4	0.74	0.8	0.86	0.62	0.42		0.88	0.76	0.87	0.52	-0.74	0.84	-0.86	0.37	0.82
Other Current Assets	0.95	0.73	0.91	0.96	0.89	0.86	0.79	0.82	0.7	0.84	-0.63	0.81	0.72	0.83	0.66	0.33	0.88		0.88	0.88	0.49	-0.73	0.91	-0.92	0.21	0.75
Other Stockholder Equity	0.9	0.66	0.87	0.86	0.86	0.83	0.6	0.78	0.77	0.73	-0.58	0.71	0.63	0.81	0.49	0.34	0.76	0.88		0.9	0.4	-0.64	0.88	-0.85	0.32	0.66
Total Liab	0.96	0.77	0.98	0.88	0.89	0.91	0.59	0.94	0.81	0.74	-0.35	0.83	0.64	0.89	0.47	0.32	0.87	0.88	0.9		0.34	-0.74	0.97	-0.89	0.27	0.68
Deferred Long Term Liab	0.43	0.1	0.34	0.48	0.49	0.37	0.55	0.32	0.09	0.5	-0.41	0.26	0.55	0.12	0.85	0.16	0.52	0.49	0.4	0.34		-0.33	0.33	-0.47	0.3	0.55
Short Long Term Debt	-0.83	-0.69	-0.81	-0.85	-0.75	-0.85	-0.48	-0.81	-0.71	-0.63	0.62	-0.76	-0.56	-0.83	-0.41	-0.19	-0.74	-0.73	-0.64	-0.74	-0.33		-0.84	0.72	-0.05	-0.58
Total Current Assets	0.98	0.85	0.99	0.94	0.87	0.95	0.59	0.92	0.88	0.75	-0.48	0.89	0.6	0.91	0.48	0.3	0.84	0.91	0.88	0.97	0.33	-0.84		-0.89	0.16	0.63
Treasury Stock	-0.94	-0.6	-0.86	-0.94	-0.88	-0.94	-0.87	-0.76	-0.7	-0.95	0.49	-0.72	-0.84	-0.84	-0.74	-0.16	-0.86	-0.92	-0.85	-0.89	-0.47	0.72	-0.89		-0.48	-0.87
Short Term Debt	0.29	-0.34	0.11	0.29	0.42	0.38	0.61	0.04	-0.03	0.61	0.09	-0.04	0.73	0.28	0.53	0.02	0.37	0.21	0.32	0.27	0.3	-0.05	0.16	-0.48		0.71
Intangible Assets	0.75	0.21	0.63	0.77	0.78	0.77	0.91	0.58	0.33	0.94	-0.44	0.45	1.0	0.67	0.79	0.05	0.82	0.75	0.66	0.68	0.55	-0.58	0.63	-0.87	0.71

Click cells to compare fundamentals

Sonos Account Relationship Matchups

Sonos fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	816.1M	1.1B	1.2B	1.0B	1.2B	746.0M
Other Current Liab	109.8M	214.5M	162.0M	34.3M	39.4M	37.4M
Total Current Liabilities	393.0M	476.1M	535.6M	354.2M	407.4M	333.7M
Total Stockholder Equity	297.8M	569.0M	560.5M	518.7M	596.5M	299.1M
Other Liab	53.4M	56.6M	59.7M	66.6M	76.6M	50.8M
Net Tangible Assets	279.9M	255.9M	529.0M	392.1M	451.0M	473.5M
Retained Earnings	(228.5M)	(69.9M)	(2.5M)	(12.8M)	(14.7M)	(15.4M)
Accounts Payable	250.3M	215.0M	335.8M	188.0M	216.2M	188.9M
Cash	407.1M	640.1M	274.9M	220.2M	253.3M	285.1M
Other Assets	3.3M	10.6M	36.1M	38.1M	43.9M	46.0M
Net Receivables	54.9M	100.8M	101.2M	67.6M	77.7M	70.2M
Common Stock Total Equity	110K	114K	129K	130K	149.5K	96.0K
Inventory	180.8M	185.1M	454.3M	346.5M	398.5M	202.2M
Other Current Assets	17.5M	31.5M	37.0M	25.3M	29.1M	18.5M
Other Stockholder Equity	528.1M	640.2M	566.5M	534.8M	615.0M	321.2M
Total Liab	518.2M	569.8M	627.9M	483.6M	556.1M	457.6M
Total Current Assets	660.4M	957.5M	867.4M	659.6M	758.6M	572.8M
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 Debt	17.6M	10.7M	10.5M	111.8M	128.6M	135.0M
Intangible Assets	26.4M	24.5M	91.1M	90.0M	103.5M	108.7M
Common Stock	110K	114K	129K	130K	149.5K	94.1K
Property Plant Equipment	78.1M	60.8M	71.3M	114.5M	131.7M	85.0M
Common Stock Shares Outstanding	109.8M	140.3M	137.8M	127.7M	146.9M	114.4M
Short Long Term Debt Total	86.2M	44.7M	36.1M	55.0M	63.2M	49.4M
Property Plant And Equipment Net	103.1M	105.2M	114.5M	136.0M	156.4M	111.1M
Current Deferred Revenue	15.3M	35.9M	27.3M	20.2M	23.2M	19.6M
Net Debt	(320.9M)	(595.4M)	(238.7M)	(165.3M)	(148.7M)	(156.2M)
Non Current Assets Total	155.7M	181.3M	321.0M	342.6M	394.0M	413.7M
Non Currrent Assets Other	8.8M	26.1M	36.6M	34.5M	39.7M	41.7M
Cash And Short Term Investments	407.1M	640.1M	274.9M	220.2M	253.3M	291.2M
Liabilities And Stockholders Equity	816.1M	1.1B	1.2B	1.0B	1.2B	848.9M
Non Current Liabilities Total	125.2M	93.6M	92.2M	129.4M	116.4M	96.9M
Property Plant And Equipment Gross	103.1M	265.3M	114.5M	136.0M	156.4M	133.1M

Sonos Investors Sentiment

The influence of Sonos' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sonos. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Sonos' public news can be used to forecast risks associated with an investment in Sonos. The trend in average sentiment can be used to explain how an investor holding Sonos can time the market purely based on public headlines and social activities around Sonos Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Sonos' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sonos' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sonos' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sonos.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sonos in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sonos' short interest history, or implied volatility extrapolated from Sonos options trading.

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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:

How To Invest In Sonos

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Is Sonos Stock a good investment?

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What is Sonos' Net Worth?

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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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Sonos Stock analysis

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.

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Sonos Total Revenue vs Gross Profit Analysis

Total Revenue vs Gross Profit

Total Revenue vs Gross Profit Correlation Analysis

Correlation Coefficient

Total Revenue

Gross Profit

Sonos fundamental ratios Correlations

Sonos Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sonos fundamental ratios Accounts

Sonos Investors Sentiment

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Complementary Tools for Sonos Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Intangible Assets	+ 1.0	Good Will
Total Current Assets	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Accounts Payable	+ 0.97	Total Current Liabilities

Treasury Stock	- 0.95	Other Assets
Treasury Stock	- 0.94	Net Tangible Assets
Treasury Stock	- 0.94	Total Stockholder Equity
Treasury Stock	- 0.94	Total Assets
Treasury Stock	- 0.92	Other Current Assets
Treasury Stock	- 0.89	Total Current Assets