Scotts Long Term Debt vs Current Deferred Revenue Analysis

SMG Stock

USD 64.30 5.39 7.73%

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 Long Term Debt and its Current Deferred Revenue 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.

Long Term Debt vs Current Deferred Revenue

Long Term Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scotts Miracle Gro Long Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Scotts Miracle's Long Term Debt and Current Deferred Revenue is -0.6. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Current Deferred Revenue 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 Long Term Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Scotts Miracle Gro are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Long Term Debt i.e., Scotts Miracle's Long Term Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Scotts Miracle Gro has held for over one year. Long-term debt appears on Scotts Miracle Gro 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 Scotts Miracle Gro 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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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

Total Revenue Depreciation And Amortization

Scotts Miracle fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant And Equipment Gross	Common Stock	Common Stock Total Equity
Total Assets		0.72	0.87	0.96	0.11	0.93	0.69	0.74	0.88	0.33	0.97	0.63	0.33	0.79	0.38	0.73	0.79	0.62	-0.86	0.78	0.94	0.2	0.64	0.51	0.7	0.71
Short Long Term Debt Total	0.72		0.66	0.65	-0.52	0.67	1.0	0.26	0.56	0.0	0.69	0.91	0.0	0.37	0.27	1.0	0.92	0.78	-0.87	0.99	0.69	0.08	0.44	0.81	0.26	0.3
Other Current Liab	0.87	0.66		0.92	-0.05	0.91	0.64	0.53	0.8	0.19	0.83	0.58	0.19	0.79	0.44	0.68	0.71	0.56	-0.78	0.74	0.85	-0.12	0.41	0.62	0.68	0.7
Total Current Liabilities	0.96	0.65	0.92		0.13	0.89	0.63	0.73	0.94	0.33	0.91	0.61	0.33	0.85	0.35	0.67	0.78	0.58	-0.81	0.74	0.94	0.1	0.54	0.52	0.68	0.69
Total Stockholder Equity	0.11	-0.52	-0.05	0.13		0.04	-0.56	0.66	0.19	0.5	0.15	-0.55	0.5	0.44	0.18	-0.51	-0.34	-0.33	0.17	-0.43	0.04	0.29	0.33	-0.51	0.49	0.48
Property Plant And Equipment Net	0.93	0.67	0.91	0.89	0.04		0.65	0.63	0.71	0.19	0.91	0.52	0.19	0.77	0.56	0.68	0.68	0.62	-0.82	0.72	0.86	0.18	0.58	0.5	0.81	0.81
Net Debt	0.69	1.0	0.64	0.63	-0.56	0.65		0.22	0.52	-0.07	0.67	0.89	-0.07	0.34	0.25	0.99	0.9	0.77	-0.86	0.98	0.65	0.08	0.43	0.8	0.24	0.28
Retained Earnings	0.74	0.26	0.53	0.73	0.66	0.63	0.22		0.71	0.45	0.78	0.12	0.45	0.79	0.31	0.26	0.38	0.24	-0.61	0.34	0.62	0.34	0.74	0.08	0.75	0.77
Accounts Payable	0.88	0.56	0.8	0.94	0.19	0.71	0.52	0.71		0.47	0.79	0.6	0.47	0.78	0.16	0.58	0.77	0.54	-0.7	0.66	0.91	-0.07	0.38	0.5	0.5	0.53
Cash	0.33	0.0	0.19	0.33	0.5	0.19	-0.07	0.45	0.47		0.22	0.2	1.0	0.41	0.33	0.05	0.25	0.19	-0.05	0.1	0.45	-0.13	0.06	0.15	0.36	0.37
Non Current Assets Total	0.97	0.69	0.83	0.91	0.15	0.91	0.67	0.78	0.79	0.22		0.54	0.22	0.76	0.36	0.68	0.69	0.49	-0.87	0.73	0.83	0.31	0.78	0.46	0.72	0.73
Non Currrent Assets Other	0.63	0.91	0.58	0.61	-0.55	0.52	0.89	0.12	0.6	0.2	0.54		0.21	0.29	0.16	0.92	0.92	0.75	-0.69	0.91	0.7	-0.1	0.17	0.84	0.08	0.11
Cash And Short Term Investments	0.33	0.0	0.19	0.33	0.5	0.19	-0.07	0.45	0.47	1.0	0.22	0.21		0.41	0.33	0.05	0.26	0.19	-0.05	0.11	0.44	-0.13	0.06	0.16	0.36	0.36
Net Receivables	0.79	0.37	0.79	0.85	0.44	0.77	0.34	0.79	0.78	0.41	0.76	0.29	0.41		0.62	0.41	0.52	0.42	-0.59	0.5	0.75	0.15	0.58	0.31	0.86	0.88
Common Stock Shares Outstanding	0.38	0.27	0.44	0.35	0.18	0.56	0.25	0.31	0.16	0.33	0.36	0.16	0.33	0.62		0.31	0.26	0.45	-0.25	0.34	0.36	0.24	0.37	0.29	0.78	0.78
Non Current Liabilities Total	0.73	1.0	0.68	0.67	-0.51	0.68	0.99	0.26	0.58	0.05	0.68	0.92	0.05	0.41	0.31		0.93	0.8	-0.85	0.99	0.71	0.03	0.41	0.84	0.29	0.33
Inventory	0.79	0.92	0.71	0.78	-0.34	0.68	0.9	0.38	0.77	0.25	0.69	0.92	0.26	0.52	0.26	0.93		0.86	-0.82	0.95	0.86	-0.02	0.31	0.75	0.31	0.34
Other Current Assets	0.62	0.78	0.56	0.58	-0.33	0.62	0.77	0.24	0.54	0.19	0.49	0.75	0.19	0.42	0.45	0.8	0.86		-0.62	0.8	0.74	0.04	0.15	0.65	0.35	0.36
Other Stockholder Equity	-0.86	-0.87	-0.78	-0.81	0.17	-0.82	-0.86	-0.61	-0.7	-0.05	-0.87	-0.69	-0.05	-0.59	-0.25	-0.85	-0.82	-0.62		-0.88	-0.76	-0.14	-0.63	-0.61	-0.53	-0.56
Total Liab	0.78	0.99	0.74	0.74	-0.43	0.72	0.98	0.34	0.66	0.1	0.73	0.91	0.11	0.5	0.34	0.99	0.95	0.8	-0.88		0.76	0.04	0.45	0.84	0.35	0.4
Total Current Assets	0.94	0.69	0.85	0.94	0.04	0.86	0.65	0.62	0.91	0.45	0.83	0.7	0.44	0.75	0.36	0.71	0.86	0.74	-0.76	0.76		0.03	0.39	0.53	0.6	0.6
Short Term Debt	0.2	0.08	-0.12	0.1	0.29	0.18	0.08	0.34	-0.07	-0.13	0.31	-0.1	-0.13	0.15	0.24	0.03	-0.02	0.04	-0.14	0.04	0.03		0.64	-0.32	0.3	0.26
Intangible Assets	0.64	0.44	0.41	0.54	0.33	0.58	0.43	0.74	0.38	0.06	0.78	0.17	0.06	0.58	0.37	0.41	0.31	0.15	-0.63	0.45	0.39	0.64		0.14	0.64	0.66
Property Plant And Equipment Gross	0.51	0.81	0.62	0.52	-0.51	0.5	0.8	0.08	0.5	0.15	0.46	0.84	0.16	0.31	0.29	0.84	0.75	0.65	-0.61	0.84	0.53	-0.32	0.14		0.15	0.22
Common Stock	0.7	0.26	0.68	0.68	0.49	0.81	0.24	0.75	0.5	0.36	0.72	0.08	0.36	0.86	0.78	0.29	0.31	0.35	-0.53	0.35	0.6	0.3	0.64	0.15		0.99
Common Stock Total Equity	0.71	0.3	0.7	0.69	0.48	0.81	0.28	0.77	0.53	0.37	0.73	0.11	0.36	0.88	0.78	0.33	0.34	0.36	-0.56	0.4	0.6	0.26	0.66	0.22	0.99

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Scotts Miracle Account Relationship Matchups

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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Additional Information and Resources on Investing in Scotts Stock

When determining whether Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:

How To Invest In Scotts

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Is Scotts Stock a good investment?

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What is Scotts Miracle's Net Worth?

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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.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Is Fertilizers & Agricultural Chemicals space 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.

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Scotts Long Term Debt vs Current Deferred Revenue Analysis

Long Term Debt vs Current Deferred Revenue

Long Term Debt vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Long Term Debt

Current Deferred Revenue

Scotts Miracle fundamental ratios Correlations

Scotts Miracle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Scotts Miracle fundamental ratios Accounts

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Additional Information and Resources on Investing in Scotts Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Non Current Liabilities Total

Total Liab	- 0.88	Other Stockholder Equity
Other Stockholder Equity	- 0.87	Non Current Assets Total
Other Stockholder Equity	- 0.87	Short Long Term Debt Total
Other Stockholder Equity	- 0.86	Net Debt
Other Stockholder Equity	- 0.86	Total Assets
Other Stockholder Equity	- 0.85	Non Current Liabilities Total