Sleep Interest Income vs Gross Profit Analysis

SNBR Stock

USD 16.00 0.36 2.20%

Sleep Number financial indicator trend analysis is much more than just breaking down Sleep Number Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sleep Number Corp is a good investment. Please check the relationship between Sleep Number Interest Income and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sleep Number Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Interest Income vs Gross Profit

Interest Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sleep Number Corp Interest Income account and Gross Profit. At this time, the significance of the direction appears to have pay attention.

The correlation between Sleep Number's Interest Income and Gross Profit is -0.78. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Sleep Number Corp, assuming nothing else is changed. The correlation between historical values of Sleep Number's Interest Income 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 Interest Income of Sleep Number Corp 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 Interest Income i.e., Sleep Number's Interest Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sleep Number Corp minus its cost of goods sold. It is profit before Sleep Number 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 Sleep Number's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sleep Number Corp 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 Sleep Number Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

As of 05/17/2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop slightly above 100.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.2B	1.1B	638.1M
Total Revenue	2.2B	2.1B	1.9B	1.0B

Gross Profit Total Revenue

Sleep Number 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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Common Stock Total Equity	Other Liab
Total Assets		0.93	0.61	0.96	-0.84	0.97	0.94	-0.82	0.63	-0.55	0.99	0.16	-0.53	0.78	-0.34	0.96	0.91	0.7	-0.08	0.97	0.95	0.35	0.94	0.46	-0.43	0.9
Short Long Term Debt Total	0.93		0.58	0.96	-0.95	0.94	1.0	-0.95	0.5	-0.49	0.95	0.14	-0.51	0.66	-0.54	0.98	0.77	0.65	-0.14	0.98	0.94	0.18	0.99	0.22	-0.57	0.81
Other Current Liab	0.61	0.58		0.7	-0.69	0.72	0.61	-0.66	0.73	-0.67	0.65	0.27	-0.71	0.2	-0.51	0.6	0.66	0.95	0.25	0.66	0.48	0.08	0.54	0.27	-0.72	0.71
Total Current Liabilities	0.96	0.96	0.7		-0.95	0.97	0.97	-0.94	0.66	-0.61	0.97	0.26	-0.62	0.68	-0.51	0.96	0.89	0.77	-0.04	0.99	0.92	0.22	0.97	0.32	-0.6	0.92
Total Stockholder Equity	-0.84	-0.95	-0.69	-0.95		-0.89	-0.96	1.0	-0.53	0.61	-0.88	-0.25	0.66	-0.55	0.72	-0.93	-0.73	-0.73	0.06	-0.95	-0.86	0.01	-0.94	-0.05	0.75	-0.82
Property Plant And Equipment Net	0.97	0.94	0.72	0.97	-0.89		0.96	-0.87	0.66	-0.65	0.98	0.12	-0.63	0.65	-0.49	0.96	0.88	0.79	-0.05	0.97	0.91	0.23	0.93	0.34	-0.6	0.88
Net Debt	0.94	1.0	0.61	0.97	-0.96	0.96		-0.95	0.53	-0.56	0.96	0.15	-0.57	0.66	-0.57	0.99	0.79	0.68	-0.12	0.99	0.94	0.14	0.99	0.2	-0.61	0.84
Retained Earnings	-0.82	-0.95	-0.66	-0.94	1.0	-0.87	-0.95		-0.5	0.57	-0.87	-0.24	0.63	-0.54	0.71	-0.93	-0.7	-0.71	0.08	-0.94	-0.85	0.02	-0.94	-0.03	0.73	-0.8
Accounts Payable	0.63	0.5	0.73	0.66	-0.53	0.66	0.53	-0.5		-0.56	0.62	0.21	-0.53	0.3	-0.19	0.5	0.8	0.82	0.27	0.6	0.45	0.43	0.52	0.55	-0.44	0.73
Cash	-0.55	-0.49	-0.67	-0.61	0.61	-0.65	-0.56	0.57	-0.56		-0.64	-0.2	0.95	-0.41	0.69	-0.57	-0.7	-0.66	-0.19	-0.6	-0.55	0.33	-0.52	0.11	0.79	-0.74
Non Current Assets Total	0.99	0.95	0.65	0.97	-0.88	0.98	0.96	-0.87	0.62	-0.64		0.15	-0.63	0.76	-0.45	0.98	0.91	0.72	-0.06	0.98	0.96	0.23	0.95	0.36	-0.53	0.92
Non Currrent Assets Other	0.16	0.14	0.27	0.26	-0.25	0.12	0.15	-0.24	0.21	-0.2	0.15		-0.2	0.24	-0.12	0.13	0.26	0.33	-0.37	0.21	0.12	0.14	0.2	0.09	-0.19	0.33
Cash And Short Term Investments	-0.53	-0.51	-0.71	-0.62	0.66	-0.63	-0.57	0.63	-0.53	0.95	-0.63	-0.2		-0.41	0.73	-0.59	-0.68	-0.67	-0.14	-0.61	-0.55	0.41	-0.53	0.14	0.82	-0.75
Net Receivables	0.78	0.66	0.2	0.68	-0.55	0.65	0.66	-0.54	0.3	-0.41	0.76	0.24	-0.41		-0.12	0.72	0.76	0.28	-0.2	0.71	0.82	0.25	0.72	0.37	-0.13	0.74
Common Stock Shares Outstanding	-0.34	-0.54	-0.51	-0.51	0.72	-0.49	-0.57	0.71	-0.19	0.69	-0.45	-0.12	0.73	-0.12		-0.55	-0.28	-0.49	-0.02	-0.53	-0.44	0.54	-0.52	0.59	0.94	-0.41
Non Current Liabilities Total	0.96	0.98	0.6	0.96	-0.93	0.96	0.99	-0.93	0.5	-0.57	0.98	0.13	-0.59	0.72	-0.55		0.81	0.66	-0.12	0.99	0.97	0.14	0.98	0.22	-0.57	0.86
Inventory	0.91	0.77	0.66	0.89	-0.73	0.88	0.79	-0.7	0.8	-0.7	0.91	0.26	-0.68	0.76	-0.28	0.81		0.74	0.05	0.86	0.83	0.29	0.81	0.52	-0.43	0.96
Other Current Assets	0.7	0.65	0.95	0.77	-0.73	0.79	0.68	-0.71	0.82	-0.66	0.72	0.33	-0.67	0.28	-0.49	0.66	0.74		0.13	0.74	0.55	0.23	0.63	0.34	-0.7	0.76
Other Stockholder Equity	-0.08	-0.14	0.25	-0.04	0.06	-0.05	-0.12	0.08	0.27	-0.19	-0.06	-0.37	-0.14	-0.2	-0.02	-0.12	0.05	0.13		-0.07	-0.12	-0.07	-0.12	0.08	-0.12	0.05
Total Liab	0.97	0.98	0.66	0.99	-0.95	0.97	0.99	-0.94	0.6	-0.6	0.98	0.21	-0.61	0.71	-0.53	0.99	0.86	0.74	-0.07		0.95	0.19	0.98	0.28	-0.59	0.9
Property Plant And Equipment Gross	0.95	0.94	0.48	0.92	-0.86	0.91	0.94	-0.85	0.45	-0.55	0.96	0.12	-0.55	0.82	-0.44	0.97	0.83	0.55	-0.12	0.95		0.15	0.96	0.27	-0.45	0.87
Total Current Assets	0.35	0.18	0.08	0.22	0.01	0.23	0.14	0.02	0.43	0.33	0.23	0.14	0.41	0.25	0.54	0.14	0.29	0.23	-0.07	0.19	0.15		0.18	0.81	0.38	0.14
Short Term Debt	0.94	0.99	0.54	0.97	-0.94	0.93	0.99	-0.94	0.52	-0.52	0.95	0.2	-0.53	0.72	-0.52	0.98	0.81	0.63	-0.12	0.98	0.96	0.18		0.24	-0.54	0.85
Common Stock	0.46	0.22	0.27	0.32	-0.05	0.34	0.2	-0.03	0.55	0.11	0.36	0.09	0.14	0.37	0.59	0.22	0.52	0.34	0.08	0.28	0.27	0.81	0.24		0.37	0.4
Common Stock Total Equity	-0.43	-0.57	-0.72	-0.6	0.75	-0.6	-0.61	0.73	-0.44	0.79	-0.53	-0.19	0.82	-0.13	0.94	-0.57	-0.43	-0.7	-0.12	-0.59	-0.45	0.38	-0.54	0.37		-0.54
Other Liab	0.9	0.81	0.71	0.92	-0.82	0.88	0.84	-0.8	0.73	-0.74	0.92	0.33	-0.75	0.74	-0.41	0.86	0.96	0.76	0.05	0.9	0.87	0.14	0.85	0.4	-0.54

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Sleep Number Account Relationship Matchups

Sleep Number fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	806.0M	800.1M	919.5M	953.9M	1.1B	1.1B
Short Long Term Debt Total	588.7M	589.4M	791.1M	896.0M	972.7M	1.0B
Other Current Liab	135.4M	185.7M	159.9M	141.3M	93.3M	61.9M
Total Current Liabilities	594.8M	655.9M	906.8M	929.8M	936.1M	982.9M
Total Stockholder Equity	(159.4M)	(224.0M)	(425.0M)	(438.2M)	(441.9M)	(419.8M)
Property Plant And Equipment Net	524.4M	489.4M	566.3M	598.4M	574.9M	603.7M
Net Debt	587.1M	585.1M	788.7M	894.2M	970.1M	1.0B
Retained Earnings	(159.7M)	(224.2M)	(429.2M)	(443.6M)	(458.9M)	(435.9M)
Accounts Payable	134.6M	91.9M	162.5M	176.2M	135.9M	75.7M
Cash	1.6M	4.2M	2.4M	1.8M	2.5M	2.4M
Non Current Assets Total	645.7M	618.3M	711.9M	756.2M	883.5M	927.7M
Non Currrent Assets Other	(101.4M)	56.0M	75.2M	26.2M	28.2M	17.0M
Cash And Short Term Investments	1.6M	4.2M	2.4M	1.8M	2.5M	2.4M
Net Receivables	20.0M	31.9M	25.7M	26.0M	55.4M	58.2M
Common Stock Shares Outstanding	30.4M	28.4M	24.9M	22.9M	22.4M	35.6M
Liabilities And Stockholders Equity	806.0M	800.1M	919.5M	953.9M	1.1B	1.1B
Non Current Liabilities Total	370.7M	368.2M	437.7M	462.3M	595.5M	625.3M
Inventory	87.1M	81.4M	105.6M	114.0M	115.4M	121.2M
Other Current Assets	36.4M	43.5M	54.9M	39.9M	32.7M	18.9M
Total Liab	965.5M	1.0B	1.3B	1.4B	1.5B	1.6B
Property Plant And Equipment Gross	524.4M	489.4M	566.3M	598.4M	1.0B	1.1B
Total Current Assets	160.4M	181.8M	207.6M	197.8M	206.1M	139.7M
Short Term Debt	290.6M	306.3M	454.9M	539.1M	621.3M	652.3M
Common Stock	280K	254K	227K	220K	222K	233.1K
Common Stock Total Equity	280K	254K	227K	220K	253K	420.5K
Other Liab	72.6M	84.4M	101.0M	105.4M	121.2M	127.3M
Other Assets	48.0M	56.0M	75.2M	89.8M	103.2M	108.4M
Property Plant Equipment	197.4M	175.2M	566.3M	200.6M	230.7M	137.7M
Current Deferred Revenue	34.2M	72.0M	129.5M	73.2M	85.6M	89.8M
Intangible Assets	9.2M	8.9M	6.5M	4.1M	2.6M	2.5M
Net Tangible Assets	(232.7M)	(296.8M)	(495.4M)	(506.2M)	(455.6M)	(432.8M)
Retained Earnings Total Equity	(159.7M)	(224.2M)	(429.2M)	(443.6M)	(399.2M)	(379.3M)
Deferred Long Term Liab	3.8M	242K	688K	55.6M	63.9M	67.1M
Non Current Liabilities Other	366.9M	367.9M	100.8M	462.3M	105.3M	100.1M

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When determining whether Sleep Number Corp is a strong investment it is important to analyze Sleep Number'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 Sleep Number's future performance. For an informed investment choice regarding Sleep Stock, refer to the following important reports:

How To Invest In Sleep

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Is Sleep Stock a good investment?

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What is Sleep Number's Net Worth?

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Largest Consumer Discretionary Distribution & Retail Companies

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Largest Consumer Discretionary Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sleep Number Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Note that the Sleep Number Corp information on this page should be used as a complementary analysis to other Sleep Number's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Sleep Stock analysis

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

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Is Sleep Number'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 Sleep Number. If investors know Sleep 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 Sleep Number 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

(0.98)

Earnings Share

(1.52)

Revenue Per Share

81.463

Quarterly Revenue Growth

(0.11)

Return On Assets

0.0193

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

Interest Income vs Gross Profit

Interest Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Interest Income

Gross Profit

Sleep Number fundamental ratios Correlations

Sleep Number Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sleep Number fundamental ratios Accounts

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

Complementary Tools for Sleep Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Total Assets
Short Term Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.99	Net Debt

Net Debt	- 0.96	Total Stockholder Equity
Retained Earnings	- 0.95	Net Debt
Total Liab	- 0.95	Total Stockholder Equity
Total Stockholder Equity	- 0.95	Total Current Liabilities
Retained Earnings	- 0.95	Short Long Term Debt Total
Total Stockholder Equity	- 0.95	Short Long Term Debt Total