Superior Total Assets vs Other Current Assets Analysis

SUP Stock  USD 4.02  0.32  8.65%   
Superior Industries financial indicator trend analysis is much more than just breaking down Superior Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Superior Industries is a good investment. Please check the relationship between Superior Industries Total Assets and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Industries International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Total Assets vs Other Current Assets

Total Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Superior Industries Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Superior Industries' Total Assets and Other Current Assets is 0.53. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Superior Industries International, assuming nothing else is changed. The correlation between historical values of Superior Industries' Total Assets and Other Current Assets 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 Assets of Superior Industries International are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Superior Industries' Total Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Superior Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Superior Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Superior Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Superior Industries 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 Superior Industries International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At this time, Superior Industries' Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 04/29/2024, Enterprise Value Multiple is likely to grow to 6.72, while Selling General Administrative is likely to drop slightly above 37.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit114.8M166.4M97.7M93.7M
Total Revenue1.4B1.6B1.4B782.1M

Superior Industries fundamental ratios Correlations

0.490.750.85-0.040.950.83-0.10.00.97-0.6-0.010.34-0.410.880.950.53-0.760.880.530.690.040.780.660.690.6
0.490.420.420.220.530.30.10.070.44-0.160.070.32-0.420.340.470.35-0.230.360.340.420.150.250.730.680.32
0.750.420.79-0.10.760.6-0.250.30.66-0.310.290.14-0.120.670.740.53-0.360.690.610.72-0.350.680.620.640.33
0.850.420.79-0.420.930.83-0.490.20.79-0.250.18-0.05-0.270.870.950.6-0.670.890.770.70.210.960.730.760.32
-0.040.22-0.1-0.42-0.24-0.50.89-0.07-0.09-0.29-0.050.780.05-0.45-0.24-0.330.41-0.46-0.490.14-0.3-0.60.00.040.26
0.950.530.760.93-0.240.88-0.26-0.040.94-0.43-0.050.16-0.420.910.970.55-0.790.910.630.610.150.870.730.750.47
0.830.30.60.83-0.50.88-0.54-0.090.87-0.47-0.11-0.01-0.520.970.860.7-0.810.970.720.370.220.870.520.460.34
-0.10.1-0.25-0.490.89-0.26-0.54-0.33-0.09-0.26-0.310.640.13-0.49-0.3-0.650.23-0.52-0.77-0.1-0.27-0.62-0.2-0.120.22
0.00.070.30.2-0.07-0.04-0.09-0.33-0.210.391.0-0.1-0.030.060.050.420.220.10.420.64-0.140.130.340.260.1
0.970.440.660.79-0.090.940.87-0.09-0.21-0.66-0.220.3-0.440.890.910.46-0.830.880.450.50.080.750.560.570.56
-0.6-0.16-0.31-0.25-0.29-0.43-0.47-0.260.39-0.660.39-0.550.22-0.44-0.44-0.160.42-0.41-0.03-0.180.07-0.23-0.06-0.07-0.46
-0.010.070.290.18-0.05-0.05-0.11-0.311.0-0.220.39-0.09-0.030.040.040.410.230.080.40.63-0.160.110.330.250.1
0.340.320.14-0.050.780.16-0.010.64-0.10.3-0.55-0.09-0.410.030.140.010.070.02-0.120.32-0.18-0.220.320.240.38
-0.41-0.42-0.12-0.270.05-0.42-0.520.13-0.03-0.440.22-0.03-0.41-0.55-0.34-0.510.46-0.54-0.38-0.13-0.26-0.2-0.52-0.21-0.33
0.880.340.670.87-0.450.910.97-0.490.060.89-0.440.040.03-0.550.90.7-0.851.00.710.510.150.880.590.520.45
0.950.470.740.95-0.240.970.86-0.30.050.91-0.440.040.14-0.340.90.58-0.740.910.680.690.190.910.730.760.43
0.530.350.530.6-0.330.550.7-0.650.420.46-0.160.410.01-0.510.70.58-0.310.720.910.520.120.570.650.520.31
-0.76-0.23-0.36-0.670.41-0.79-0.810.230.22-0.830.420.230.070.46-0.85-0.74-0.31-0.82-0.29-0.23-0.28-0.71-0.33-0.31-0.54
0.880.360.690.89-0.460.910.97-0.520.10.88-0.410.080.02-0.541.00.910.72-0.820.740.540.170.90.620.550.43
0.530.340.610.77-0.490.630.72-0.770.420.45-0.030.4-0.12-0.380.710.680.91-0.290.740.560.240.750.710.610.06
0.690.420.720.70.140.610.37-0.10.640.5-0.180.630.32-0.130.510.690.52-0.230.540.56-0.10.560.740.780.45
0.040.15-0.350.21-0.30.150.22-0.27-0.140.080.07-0.16-0.18-0.260.150.190.12-0.280.170.24-0.10.240.250.220.03
0.780.250.680.96-0.60.870.87-0.620.130.75-0.230.11-0.22-0.20.880.910.57-0.710.90.750.560.240.560.590.21
0.660.730.620.730.00.730.52-0.20.340.56-0.060.330.32-0.520.590.730.65-0.330.620.710.740.250.560.930.4
0.690.680.640.760.040.750.46-0.120.260.57-0.070.250.24-0.210.520.760.52-0.310.550.610.780.220.590.930.41
0.60.320.330.320.260.470.340.220.10.56-0.460.10.38-0.330.450.430.31-0.540.430.060.450.030.210.40.41
Click cells to compare fundamentals

Superior Industries Account Relationship Matchups

Superior Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.1B1.1B1.1B1.0B656.8M
Short Long Term Debt Total615.0M634.5M610.8M624.2M625.9M594.6M
Other Current Liab58.1M62.0M63.4M79.0M62.7M44.7M
Total Current Liabilities191.1M231.1M231.9M251.3M198.9M109.6M
Total Stockholder Equity251.7M(21.5M)129.5M197.5M162.3M154.2M
Property Plant And Equipment Net529.3M522.1M494.4M474M408.6M259.1M
Net Debt537.1M482.0M497.3M411.1M424.3M445.6M
Retained Earnings258.4M(17.3M)(47.7M)(47.1M)(179.0M)(170.0M)
Cash77.9M152.4M113.5M213.0M201.6M211.7M
Non Current Assets Total957.7M725.7M649.9M624.9M570.6M353.8M
Non Currrent Assets Other67.9M61.9M50.9M(51.6M)35.6M37.4M
Cash And Short Term Investments77.9M152.4M113.5M213.0M201.6M211.7M
Net Receivables81.4M54.0M88.4M75.0M58.0M98.3M
Common Stock Shares Outstanding25.1M25.5M26.0M27.6M27.9M21.7M
Liabilities And Stockholders Equity1.3B1.1B1.1B1.1B1.0B656.8M
Non Current Liabilities Total869.1M899.7M691.6M683.8M668.5M701.9M
Inventory168.5M155.0M172.1M178.7M144.6M84.3M
Other Current Assets26.4M22.3M30.3M42.2M55.8M58.6M
Other Stockholder Equity(161.0M)(179.4M)21K(3K)(1.0)(0.95)
Total Liab1.1B1.1B923.5M935.1M867.4M910.8M
Property Plant And Equipment Gross529.3M522.1M1.1B1.1B1.1B1.1B
Total Current Assets354.2M383.6M404.3M508.9M459.9M303.0M
Accumulated Other Comprehensive Income(100.1M)(99.4M)(126.0M)(89.3M)(22.3M)(23.4M)
Short Term Debt4.0M9.0M8.5M8.0M8.3M7.9M
Accounts Payable123.1M151.8M153.2M158.0M124.9M65.1M
Common Stock Total Equity93.3M95.2M103.2M111.1M100.0M95.0M
Common Stock93.3M95.2M103.2M111.1M115.3M64.4M
Other Liab73.7M77.5M(100K)61.2M70.4M52.9M
Other Assets88.6M91.3M79.2M(100K)(115K)(109.3K)
Property Plant Equipment529.3M522.1M494.4M474.0M545.1M335.1M
Net Tangible Assets97.3M48.7M(225.9M)147.0M132.3M188.7M
Long Term Debt614.9M625.5M602.4M616.1M610.6M373.9M
Retained Earnings Total Equity258.4M(17.3M)(47.7M)(47.1M)(42.4M)(40.3M)
Deferred Long Term Liab12.4M9.1M3.9M3.5M3.1M3.0M
Non Current Liabilities Other74.2M84.1M85.4M64.3M47.8M66.1M
Intangible Assets428.4M203.6M76.9M51.5M33.2M31.6M

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When determining whether Superior Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Superior Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Superior Industries International Stock. Highlighted below are key reports to facilitate an investment decision about Superior Industries International Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Industries International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Superior Industries' price analysis, check to measure Superior Industries' 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 Superior Industries is operating at the current time. Most of Superior Industries' value examination focuses on studying past and present price action to predict the probability of Superior Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Superior Industries' price. Additionally, you may evaluate how the addition of Superior Industries to your portfolios can decrease your overall portfolio volatility.
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Is Superior Industries' 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 Superior Industries. If investors know Superior 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 Superior Industries 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
(0.78)
Earnings Share
(4.73)
Revenue Per Share
49.684
Quarterly Revenue Growth
(0.23)
Return On Assets
0.0208
The market value of Superior Industries is measured differently than its book value, which is the value of Superior that is recorded on the company's balance sheet. Investors also form their own opinion of Superior Industries' value that differs from its market value or its book value, called intrinsic value, which is Superior Industries' 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 Superior Industries' market value can be influenced by many factors that don't directly affect Superior Industries' 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 Superior Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Superior Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Superior Industries' 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.