Scotts Ebitda vs Operating Income Analysis
SMG Stock | USD 65.51 0.56 0.86% |
Scotts Miracle financial indicator trend analysis is much more than just breaking down Scotts Miracle Gro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scotts Miracle Gro is a good investment. Please check the relationship between Scotts Miracle Ebitda and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scotts Miracle Gro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Ebitda vs Operating Income
Ebitda vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scotts Miracle Gro Ebitda account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Scotts Miracle's Ebitda and Operating Income is 0.93. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Scotts Miracle Gro, assuming nothing else is changed. The correlation between historical values of Scotts Miracle's Ebitda and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Scotts Miracle Gro are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebitda i.e., Scotts Miracle's Ebitda and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Operating Income
Operating Income is the amount of profit realized from Scotts Miracle Gro operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Scotts Miracle Gro is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Scotts Miracle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scotts Miracle Gro 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 Scotts Miracle Gro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, Scotts Miracle's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Scotts Miracle's current Enterprise Value Multiple is estimated to increase to 52.87, while Tax Provision is forecasted to increase to (62.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.9B | 3.6B | 4.1B | 2.5B | Depreciation And Amortization | 105.2M | 92.5M | 106.4M | 65.2M |
Scotts Miracle fundamental ratios Correlations
Click cells to compare fundamentals
Scotts Miracle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scotts Miracle fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4B | 4.8B | 4.3B | 3.4B | 3.9B | 2.2B | |
Short Long Term Debt Total | 1.5B | 2.3B | 3.0B | 2.6B | 3.0B | 3.2B | |
Other Current Liab | 493M | 473.2M | 397M | 450.2M | 517.7M | 263.5M | |
Total Current Liabilities | 950.4M | 1.1B | 963.9M | 773.7M | 889.8M | 519.7M | |
Total Stockholder Equity | 702.9M | 1.0B | 147.7M | (267.3M) | (307.4M) | (292.0M) | |
Property Plant And Equipment Net | 560M | 622.2M | 606M | 610.3M | 701.8M | 378.7M | |
Net Debt | 1.5B | 2.1B | 2.9B | 2.6B | 3.0B | 3.1B | |
Retained Earnings | 1.2B | 1.6B | 1.0B | 490.9M | 564.5M | 520.9M | |
Accounts Payable | 391M | 609.4M | 422.6M | 271.2M | 311.9M | 181.0M | |
Cash | 16.6M | 244.1M | 86.8M | 31.9M | 36.7M | 68.3M | |
Non Current Assets Total | 2.2B | 2.8B | 2.3B | 2.0B | 2.3B | 1.3B | |
Non Currrent Assets Other | 106.6M | 468.3M | 537.4M | 443.3M | 509.8M | 535.3M | |
Cash And Short Term Investments | 16.6M | 244.1M | 86.8M | 31.9M | 36.7M | 70.1M | |
Net Receivables | 497.1M | 483.4M | 378.8M | 304.2M | 349.8M | 298.7M | |
Common Stock Shares Outstanding | 56.9M | 57.2M | 55.5M | 56M | 64.4M | 62.9M | |
Liabilities And Stockholders Equity | 3.4B | 4.8B | 4.3B | 3.4B | 3.9B | 2.2B | |
Non Current Liabilities Total | 1.7B | 2.6B | 3.2B | 2.9B | 3.3B | 3.5B | |
Inventory | 621.9M | 1.1B | 1.3B | 880.3M | 1.0B | 1.1B | |
Other Current Assets | 81M | 169.9M | 252.6M | 181.4M | 208.6M | 219.0M | |
Other Stockholder Equity | (916.1M) | (1.0B) | (1.1B) | (998.5M) | (898.7M) | (853.7M) | |
Total Liab | 2.7B | 3.8B | 4.1B | 3.7B | 4.2B | 4.4B | |
Total Current Assets | 1.2B | 2.0B | 2.0B | 1.4B | 1.6B | 887.6M | |
Short Term Debt | 66.4M | 57.8M | 144.3M | 52.3M | 60.1M | 74.9M | |
Intangible Assets | 679.2M | 709.6M | 580.2M | 436.7M | 502.2M | 538.7M | |
Property Plant And Equipment Gross | 716M | 1.7B | 606M | 1.6B | 1.9B | 2.0B | |
Accumulated Other Comprehensive Income | (99.1M) | (66.4M) | (144.6M) | (112.8M) | (101.5M) | (106.6M) | |
Common Stock | 482.5M | 477M | 364M | 353.1M | 406.1M | 228.7M | |
Common Stock Total Equity | 442.2M | 482.5M | 477M | 364M | 418.6M | 319.2M | |
Other Liab | 149.1M | 409.6M | 359M | 129.8M | 149.3M | 191.7M | |
Other Assets | 381M | 804K | 680.9M | 633.1M | 728.1M | 764.5M | |
Long Term Debt | 1.5B | 2.2B | 2.8B | 2.6B | 2.9B | 3.1B | |
Good Will | 544.1M | 605.2M | 254M | 243.9M | 280.5M | 441.2M | |
Treasury Stock | (904.3M) | (921.8M) | (1.0B) | (1.1B) | (982.6M) | (933.5M) | |
Property Plant Equipment | 716M | 622.2M | 606M | 610.3M | 701.8M | 480.4M | |
Net Tangible Assets | 697.2M | (301.5M) | (686.5M) | (947.9M) | (853.1M) | (810.5M) | |
Long Term Debt Total | 1.5B | 2.2B | 2.8B | 2.6B | 2.9B | 1.5B |
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Is Scotts Miracle's 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 Scotts Miracle. If investors know Scotts 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 Scotts Miracle 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 0.412 | Dividend Share 2.64 | Earnings Share (6.25) | Revenue Per Share 60.744 | Quarterly Revenue Growth (0) |
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle's 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 Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle's 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 Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle's 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.