Sleep Total Current Assets vs Property Plant And Equipment Gross Analysis

SNBR Stock  USD 14.87  1.02  6.42%   
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 Total Current Assets and its Property Plant And Equipment Gross 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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Total Current Assets vs Property Plant And Equipment Gross

Total Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sleep Number Corp Total Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sleep Number's Total Current Assets and Property Plant And Equipment Gross is 0.15. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Gross 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 Total Current Assets and Property Plant And Equipment Gross 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 Current Assets of Sleep Number Corp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Assets i.e., Sleep Number's Total Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant And Equipment Gross

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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of 06/06/2024, 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 Profit1.3B1.2B1.1B638.1M
Total Revenue2.2B2.1B1.9B1.0B

Sleep Number fundamental ratios Correlations

0.930.610.96-0.840.970.94-0.820.63-0.550.990.16-0.530.78-0.340.960.910.7-0.080.970.950.350.940.46-0.430.9
0.930.580.96-0.950.941.0-0.950.5-0.490.950.14-0.510.66-0.540.980.770.65-0.140.980.940.180.990.22-0.570.81
0.610.580.7-0.690.720.61-0.660.73-0.670.650.27-0.710.2-0.510.60.660.950.250.660.480.080.540.27-0.720.71
0.960.960.7-0.950.970.97-0.940.66-0.610.970.26-0.620.68-0.510.960.890.77-0.040.990.920.220.970.32-0.60.92
-0.84-0.95-0.69-0.95-0.89-0.961.0-0.530.61-0.88-0.250.66-0.550.72-0.93-0.73-0.730.06-0.95-0.860.01-0.94-0.050.75-0.82
0.970.940.720.97-0.890.96-0.870.66-0.650.980.12-0.630.65-0.490.960.880.79-0.050.970.910.230.930.34-0.60.88
0.941.00.610.97-0.960.96-0.950.53-0.560.960.15-0.570.66-0.570.990.790.68-0.120.990.940.140.990.2-0.610.84
-0.82-0.95-0.66-0.941.0-0.87-0.95-0.50.57-0.87-0.240.63-0.540.71-0.93-0.7-0.710.08-0.94-0.850.02-0.94-0.030.73-0.8
0.630.50.730.66-0.530.660.53-0.5-0.560.620.21-0.530.3-0.190.50.80.820.270.60.450.430.520.55-0.440.73
-0.55-0.49-0.67-0.610.61-0.65-0.560.57-0.56-0.64-0.20.95-0.410.69-0.57-0.7-0.66-0.19-0.6-0.550.33-0.520.110.79-0.74
0.990.950.650.97-0.880.980.96-0.870.62-0.640.15-0.630.76-0.450.980.910.72-0.060.980.960.230.950.36-0.530.92
0.160.140.270.26-0.250.120.15-0.240.21-0.20.15-0.20.24-0.120.130.260.33-0.370.210.120.140.20.09-0.190.33
-0.53-0.51-0.71-0.620.66-0.63-0.570.63-0.530.95-0.63-0.2-0.410.73-0.59-0.68-0.67-0.14-0.61-0.550.41-0.530.140.82-0.75
0.780.660.20.68-0.550.650.66-0.540.3-0.410.760.24-0.41-0.120.720.760.28-0.20.710.820.250.720.37-0.130.74
-0.34-0.54-0.51-0.510.72-0.49-0.570.71-0.190.69-0.45-0.120.73-0.12-0.55-0.28-0.49-0.02-0.53-0.440.54-0.520.590.94-0.41
0.960.980.60.96-0.930.960.99-0.930.5-0.570.980.13-0.590.72-0.550.810.66-0.120.990.970.140.980.22-0.570.86
0.910.770.660.89-0.730.880.79-0.70.8-0.70.910.26-0.680.76-0.280.810.740.050.860.830.290.810.52-0.430.96
0.70.650.950.77-0.730.790.68-0.710.82-0.660.720.33-0.670.28-0.490.660.740.130.740.550.230.630.34-0.70.76
-0.08-0.140.25-0.040.06-0.05-0.120.080.27-0.19-0.06-0.37-0.14-0.2-0.02-0.120.050.13-0.07-0.12-0.07-0.120.08-0.120.05
0.970.980.660.99-0.950.970.99-0.940.6-0.60.980.21-0.610.71-0.530.990.860.74-0.070.950.190.980.28-0.590.9
0.950.940.480.92-0.860.910.94-0.850.45-0.550.960.12-0.550.82-0.440.970.830.55-0.120.950.150.960.27-0.450.87
0.350.180.080.220.010.230.140.020.430.330.230.140.410.250.540.140.290.23-0.070.190.150.180.810.380.14
0.940.990.540.97-0.940.930.99-0.940.52-0.520.950.2-0.530.72-0.520.980.810.63-0.120.980.960.180.24-0.540.85
0.460.220.270.32-0.050.340.2-0.030.550.110.360.090.140.370.590.220.520.340.080.280.270.810.240.370.4
-0.43-0.57-0.72-0.60.75-0.6-0.610.73-0.440.79-0.53-0.190.82-0.130.94-0.57-0.43-0.7-0.12-0.59-0.450.38-0.540.37-0.54
0.90.810.710.92-0.820.880.84-0.80.73-0.740.920.33-0.750.74-0.410.860.960.760.050.90.870.140.850.4-0.54
Click cells to compare fundamentals

Sleep Number Account Relationship Matchups

Sleep Number fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets806.0M800.1M919.5M953.9M1.1B1.1B
Short Long Term Debt Total588.7M589.4M791.1M896.0M972.7M1.0B
Other Current Liab135.4M185.7M159.9M141.3M93.3M61.9M
Total Current Liabilities594.8M655.9M906.8M929.8M936.1M982.9M
Total Stockholder Equity(159.4M)(224.0M)(425.0M)(438.2M)(441.9M)(419.8M)
Property Plant And Equipment Net524.4M489.4M566.3M598.4M574.9M603.7M
Net Debt587.1M585.1M788.7M894.2M970.1M1.0B
Retained Earnings(159.7M)(224.2M)(429.2M)(443.6M)(458.9M)(435.9M)
Accounts Payable134.6M91.9M162.5M176.2M135.9M75.7M
Cash1.6M4.2M2.4M1.8M2.5M2.4M
Non Current Assets Total645.7M618.3M711.9M756.2M883.5M927.7M
Non Currrent Assets Other(101.4M)56.0M75.2M26.2M28.2M17.0M
Cash And Short Term Investments1.6M4.2M2.4M1.8M2.5M2.4M
Net Receivables20.0M31.9M25.7M26.0M55.4M58.2M
Common Stock Shares Outstanding30.4M28.4M24.9M22.9M22.4M35.6M
Liabilities And Stockholders Equity806.0M800.1M919.5M953.9M1.1B1.1B
Non Current Liabilities Total370.7M368.2M437.7M462.3M595.5M625.3M
Inventory87.1M81.4M105.6M114.0M115.4M121.2M
Other Current Assets36.4M43.5M54.9M39.9M32.7M18.9M
Total Liab965.5M1.0B1.3B1.4B1.5B1.6B
Property Plant And Equipment Gross524.4M489.4M566.3M598.4M1.0B1.1B
Total Current Assets160.4M181.8M207.6M197.8M206.1M139.7M
Short Term Debt290.6M306.3M454.9M539.1M621.3M652.3M
Common Stock280K254K227K220K222K233.1K
Common Stock Total Equity280K254K227K220K253K420.5K
Other Liab72.6M84.4M101.0M105.4M121.2M127.3M
Other Assets48.0M56.0M75.2M89.8M103.2M108.4M
Property Plant Equipment197.4M175.2M566.3M200.6M230.7M137.7M
Current Deferred Revenue34.2M72.0M129.5M73.2M85.6M89.8M
Intangible Assets9.2M8.9M6.5M4.1M2.6M2.5M
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 Liab3.8M242K688K55.6M63.9M67.1M
Non Current Liabilities Other366.9M367.9M100.8M462.3M105.3M100.1M

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Additional Tools for Sleep Stock Analysis

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