SharkNinja Other Current Liab vs Other Assets Analysis

SN Stock

USD 76.62 0.31 0.41%

SharkNinja financial indicator trend analysis is much more than just breaking down SharkNinja prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SharkNinja is a good investment. Please check the relationship between SharkNinja Other Current Liab and its Other Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SharkNinja. 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.

To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.

Other Current Liab vs Other Assets

Other Current Liab vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SharkNinja Other Current Liab account and Other Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between SharkNinja's Other Current Liab and Other Assets is 0.38. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Assets in the same time period over historical financial statements of SharkNinja, assuming nothing else is changed. The correlation between historical values of SharkNinja's Other Current Liab and Other 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 Other Current Liab of SharkNinja are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Current Liab i.e., SharkNinja's Other Current Liab and Other Assets go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Other Current Liab

Other Assets

Most indicators from SharkNinja's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SharkNinja 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 SharkNinja. 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.

To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.As of the 1st of June 2024, Selling General Administrative is likely to grow to about 406.7 M, while Tax Provision is likely to drop about 66 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	2.3B	2.3B	2.4B	2.5B
Total Revenue	3.7B	3.7B	4.3B	4.5B

Cost Of Revenue Total Revenue

SharkNinja fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Total Liab	Property Plant Equipment	Other Current Liab	Cash	Other Current Assets	Common Stock	Retained Earnings	Other Assets	Long Term Debt	Preferred Stock Total Equity	Total Current Assets	Net Tangible Assets	Net Receivables	Long Term Investments	Short Long Term Debt	Short Term Debt	Common Stock Shares Outstanding	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt
Total Assets		0.72	0.56	0.59	0.54	0.74	0.41	0.3	0.44	0.4	-0.04	0.17	0.84	0.42	0.59	0.79	-0.33	0.51	0.52	-0.35	-0.29	-0.03	0.14	0.18	-0.11	0.17
Total Current Liabilities	0.72		0.73	0.53	0.94	0.33	-0.23	0.37	-0.11	-0.03	-0.59	0.49	0.38	-0.08	0.95	0.88	-0.34	0.94	0.69	-0.77	-0.58	0.37	0.41	0.56	-0.48	0.43
Total Stockholder Equity	0.56	0.73		-0.1	0.82	-0.11	-0.26	0.0	-0.25	-0.1	-0.77	0.9	0.34	-0.44	0.61	0.69	0.34	0.81	0.1	-0.51	-0.31	0.2	0.2	0.35	-0.24	0.23
Other Liab	0.59	0.53	-0.1		0.31	0.79	0.15	0.26	0.44	0.28	0.2	-0.41	0.33	0.55	0.52	0.58	-0.95	0.29	0.89	-0.35	-0.37	-0.04	0.08	0.08	-0.05	0.09
Accounts Payable	0.54	0.94	0.82	0.31		0.05	-0.48	0.19	-0.28	-0.19	-0.8	0.69	0.18	-0.35	0.88	0.85	-0.14	0.99	0.56	-0.84	-0.64	0.35	0.41	0.52	-0.47	0.43
Total Liab	0.74	0.33	-0.11	0.79	0.05		0.67	0.47	0.77	0.59	0.54	-0.52	0.76	0.9	0.24	0.41	-0.7	0.02	0.58	-0.13	-0.18	0.01	0.1	0.06	-0.08	0.1
Property Plant Equipment	0.41	-0.23	-0.26	0.15	-0.48	0.67		0.31	0.62	0.45	0.81	-0.52	0.73	0.81	-0.28	-0.22	-0.07	-0.5	-0.19	0.44	0.35	-0.15	-0.17	-0.26	0.2	-0.18
Other Current Liab	0.3	0.37	0.0	0.26	0.19	0.47	0.31		0.07	0.01	0.15	-0.19	0.38	0.44	0.38	0.1	-0.24	0.23	0.26	-0.46	-0.44	0.61	0.78	0.75	-0.84	0.76
Cash	0.44	-0.11	-0.25	0.44	-0.28	0.77	0.62	0.07		0.72	0.63	-0.54	0.63	0.84	-0.31	0.16	-0.44	-0.34	0.24	0.12	0.01	-0.15	-0.18	-0.24	0.2	-0.19
Other Current Assets	0.4	-0.03	-0.1	0.28	-0.19	0.59	0.45	0.01	0.72		0.44	-0.33	0.49	0.62	-0.18	0.22	-0.29	-0.21	0.31	0.25	0.25	-0.14	-0.22	-0.1	0.21	-0.19
Common Stock	-0.04	-0.59	-0.77	0.2	-0.8	0.54	0.81	0.15	0.63	0.44		-0.9	0.29	0.82	-0.57	-0.51	-0.29	-0.82	-0.14	0.6	0.42	-0.24	-0.28	-0.42	0.32	-0.3
Retained Earnings	0.17	0.49	0.9	-0.41	0.69	-0.52	-0.52	-0.19	-0.54	-0.33	-0.9		-0.02	-0.76	0.43	0.44	0.58	0.7	-0.15	-0.4	-0.21	0.15	0.15	0.29	-0.19	0.18
Other Assets	0.84	0.38	0.34	0.33	0.18	0.76	0.73	0.38	0.63	0.49	0.29	-0.02		0.65	0.23	0.43	-0.13	0.14	0.16	-0.11	-0.07	0.09	0.06	0.06	-0.08	0.05
Long Term Debt	0.42	-0.08	-0.44	0.55	-0.35	0.9	0.81	0.44	0.84	0.62	0.82	-0.76	0.65		-0.16	-0.01	-0.56	-0.38	0.28	0.15	0.05	0.03	-0.01	-0.08	0.0	-0.03
Preferred Stock Total Equity	0.59	0.95	0.61	0.52	0.88	0.24	-0.28	0.38	-0.31	-0.18	-0.57	0.43	0.23	-0.16		0.76	-0.35	0.9	0.66	-0.69	-0.49	0.34	0.38	0.53	-0.44	0.41
Total Current Assets	0.79	0.88	0.69	0.58	0.85	0.41	-0.22	0.1	0.16	0.22	-0.51	0.44	0.43	-0.01	0.76		-0.39	0.83	0.73	-0.66	-0.57	0.03	0.26	0.35	-0.23	0.3
Net Tangible Assets	-0.33	-0.34	0.34	-0.95	-0.14	-0.7	-0.07	-0.24	-0.44	-0.29	-0.29	0.58	-0.13	-0.56	-0.35	-0.39		-0.13	-0.86	0.28	0.31	-0.04	-0.05	-0.07	0.06	-0.05
Net Receivables	0.51	0.94	0.81	0.29	0.99	0.02	-0.5	0.23	-0.34	-0.21	-0.82	0.7	0.14	-0.38	0.9	0.83	-0.13		0.55	-0.82	-0.61	0.38	0.43	0.58	-0.5	0.46
Long Term Investments	0.52	0.69	0.1	0.89	0.56	0.58	-0.19	0.26	0.24	0.31	-0.14	-0.15	0.16	0.28	0.66	0.73	-0.86	0.55		-0.57	-0.52	0.13	0.24	0.32	-0.25	0.27
Short Long Term Debt	-0.35	-0.77	-0.51	-0.35	-0.84	-0.13	0.44	-0.46	0.12	0.25	0.6	-0.4	-0.11	0.15	-0.69	-0.66	0.28	-0.82	-0.57		0.92	-0.52	-0.7	-0.63	0.74	-0.68
Short Term Debt	-0.29	-0.58	-0.31	-0.37	-0.64	-0.18	0.35	-0.44	0.01	0.25	0.42	-0.21	-0.07	0.05	-0.49	-0.57	0.31	-0.61	-0.52	0.92		-0.27	-0.78	-0.52	0.7	-0.75
Common Stock Shares Outstanding	-0.03	0.37	0.2	-0.04	0.35	0.01	-0.15	0.61	-0.15	-0.14	-0.24	0.15	0.09	0.03	0.34	0.03	-0.04	0.38	0.13	-0.52	-0.27		0.41	0.63	-0.7	0.37
Short Long Term Debt Total	0.14	0.41	0.2	0.08	0.41	0.1	-0.17	0.78	-0.18	-0.22	-0.28	0.15	0.06	-0.01	0.38	0.26	-0.05	0.43	0.24	-0.7	-0.78	0.41		0.83	-0.94	0.99
Property Plant And Equipment Net	0.18	0.56	0.35	0.08	0.52	0.06	-0.26	0.75	-0.24	-0.1	-0.42	0.29	0.06	-0.08	0.53	0.35	-0.07	0.58	0.32	-0.63	-0.52	0.63	0.83		-0.91	0.86
Current Deferred Revenue	-0.11	-0.48	-0.24	-0.05	-0.47	-0.08	0.2	-0.84	0.2	0.21	0.32	-0.19	-0.08	0.0	-0.44	-0.23	0.06	-0.5	-0.25	0.74	0.7	-0.7	-0.94	-0.91		-0.92
Net Debt	0.17	0.43	0.23	0.09	0.43	0.1	-0.18	0.76	-0.19	-0.19	-0.3	0.18	0.05	-0.03	0.41	0.3	-0.05	0.46	0.27	-0.68	-0.75	0.37	0.99	0.86	-0.92

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SharkNinja Account Relationship Matchups

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When determining whether SharkNinja offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SharkNinja's 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 Sharkninja Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sharkninja Stock:

How To Invest In SharkNinja

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Is SharkNinja Stock a good investment?

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What is SharkNinja'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 SharkNinja. 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.

To learn how to invest in SharkNinja Stock, please use our How to Invest in SharkNinja guide.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running SharkNinja's price analysis, check to measure SharkNinja's 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 SharkNinja is operating at the current time. Most of SharkNinja's value examination focuses on studying past and present price action to predict the probability of SharkNinja's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SharkNinja's price. Additionally, you may evaluate how the addition of SharkNinja to your portfolios can decrease your overall portfolio volatility.

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Is SharkNinja'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 SharkNinja. If investors know SharkNinja 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 SharkNinja 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

0.245

Earnings Share

1.35

Revenue Per Share

32.087

Quarterly Revenue Growth

0.247

Return On Assets

0.0771

The market value of SharkNinja is measured differently than its book value, which is the value of SharkNinja that is recorded on the company's balance sheet. Investors also form their own opinion of SharkNinja's value that differs from its market value or its book value, called intrinsic value, which is SharkNinja'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 SharkNinja's market value can be influenced by many factors that don't directly affect SharkNinja'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 SharkNinja's value and its price as these two are different measures arrived at by different means. Investors typically determine if SharkNinja is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SharkNinja'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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SharkNinja Other Current Liab vs Other Assets Analysis

Other Current Liab vs Other Assets

Other Current Liab vs Other Assets Correlation Analysis

Correlation Coefficient

Other Current Liab

Other Assets

SharkNinja fundamental ratios Correlations

SharkNinja Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 0.99	Accounts Payable
Net Debt	+ 0.99	Short Long Term Debt Total
Preferred Stock Total Equity	+ 0.95	Total Current Liabilities
Accounts Payable	+ 0.94	Total Current Liabilities
Net Receivables	+ 0.94	Total Current Liabilities
Short Term Debt	+ 0.92	Short Long Term Debt

Net Tangible Assets	- 0.95	Other Liab
Current Deferred Revenue	- 0.94	Short Long Term Debt Total
Net Debt	- 0.92	Current Deferred Revenue
Current Deferred Revenue	- 0.91	Property Plant And Equipment Net
Retained Earnings	- 0.9	Common Stock
Long Term Investments	- 0.86	Net Tangible Assets