SNDL Total Current Assets vs Capital Stock Analysis

SNDL Stock  USD 2.04  0.04  1.92%   
SNDL financial indicator trend analysis is much more than just breaking down SNDL Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SNDL Inc is a good investment. Please check the relationship between SNDL Total Current Assets and its Capital Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SNDL Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Total Current Assets vs Capital Stock

Total Current Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SNDL Inc Total Current Assets account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SNDL's Total Current Assets and Capital Stock is 0.9. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of SNDL Inc, assuming nothing else is changed. The correlation between historical values of SNDL's Total Current Assets and Capital Stock 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 SNDL Inc are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Current Assets i.e., SNDL's Total Current Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
Most indicators from SNDL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SNDL Inc 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 SNDL Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, SNDL's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to 0.00 this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
 2021 2022 2023 2024 (projected)
Interest Income13.7M17.6M15.4M14.6M
Reconciled Depreciation9.6M47.3M64.9M68.2M

SNDL fundamental ratios Correlations

0.720.680.50.950.920.63-0.56-0.910.570.870.91-0.010.850.780.850.890.40.810.790.890.90.750.840.950.24
0.720.650.820.710.720.770.04-0.790.890.390.84-0.380.370.890.750.730.350.830.780.80.760.920.910.570.71
0.680.650.640.550.460.55-0.27-0.490.330.560.55-0.340.550.650.50.430.210.470.420.440.650.710.510.650.55
0.50.820.640.40.380.790.15-0.480.790.290.5-0.730.270.820.550.330.50.410.330.480.660.90.590.430.95
0.950.710.550.40.990.53-0.59-0.950.60.860.970.10.840.70.890.970.360.880.870.960.850.650.890.920.14
0.920.720.460.380.990.53-0.54-0.960.650.810.980.120.790.690.890.990.360.910.90.980.830.640.920.880.13
0.630.770.550.790.530.530.19-0.660.830.310.63-0.410.280.830.620.510.810.620.590.60.710.920.690.470.63
-0.560.04-0.270.15-0.59-0.540.190.380.19-0.86-0.38-0.29-0.88-0.08-0.43-0.470.07-0.18-0.19-0.42-0.420.04-0.19-0.750.33
-0.91-0.79-0.49-0.48-0.95-0.96-0.660.38-0.74-0.7-0.980.06-0.68-0.82-0.96-0.95-0.44-0.92-0.91-0.98-0.9-0.73-0.96-0.82-0.24
0.570.890.330.790.60.650.830.19-0.740.270.74-0.380.240.80.70.650.590.740.70.760.670.860.840.430.67
0.870.390.560.290.860.810.31-0.86-0.70.270.710.11.00.480.710.740.310.520.510.730.740.450.560.970.04
0.910.840.550.50.970.980.63-0.38-0.980.740.710.010.690.780.90.980.370.960.950.980.840.750.970.830.27
-0.01-0.38-0.34-0.730.10.12-0.41-0.290.06-0.380.10.010.11-0.56-0.280.2-0.20.120.19-0.01-0.39-0.46-0.12-0.01-0.81
0.850.370.550.270.840.790.28-0.88-0.680.241.00.690.110.460.690.720.290.50.490.710.720.430.530.960.03
0.780.890.650.820.70.690.83-0.08-0.820.80.480.78-0.560.460.860.650.460.70.660.770.930.910.840.660.67
0.850.750.50.550.890.890.62-0.43-0.960.70.710.9-0.280.690.860.840.420.790.760.930.960.70.890.810.33
0.890.730.430.330.970.990.51-0.47-0.950.650.740.980.20.720.650.840.320.950.950.970.760.620.920.820.09
0.40.350.210.50.360.360.810.07-0.440.590.310.37-0.20.290.460.420.320.320.310.390.460.590.370.360.32
0.810.830.470.410.880.910.62-0.18-0.920.740.520.960.120.50.70.790.950.321.00.920.710.70.960.660.21
0.790.780.420.330.870.90.59-0.19-0.910.70.510.950.190.490.660.760.950.311.00.910.670.650.940.640.13
0.890.80.440.480.960.980.6-0.42-0.980.760.730.98-0.010.710.770.930.970.390.920.910.860.710.960.830.25
0.90.760.650.660.850.830.71-0.42-0.90.670.740.84-0.390.720.930.960.760.460.710.670.860.80.830.860.44
0.750.920.710.90.650.640.920.04-0.730.860.450.75-0.460.430.910.70.620.590.70.650.710.80.80.620.76
0.840.910.510.590.890.920.69-0.19-0.960.840.560.97-0.120.530.840.890.920.370.960.940.960.830.80.710.4
0.950.570.650.430.920.880.47-0.75-0.820.430.970.83-0.010.960.660.810.820.360.660.640.830.860.620.710.18
0.240.710.550.950.140.130.630.33-0.240.670.040.27-0.810.030.670.330.090.320.210.130.250.440.760.40.18
Click cells to compare fundamentals

SNDL Account Relationship Matchups

SNDL fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets510.0M294.9M1.4B1.6B1.5B743.9M
Short Long Term Debt Total194.9M1.4M33.5M169.8M167.0M175.4M
Other Current Liab32.5M428K21.7M49.4M4.4M4.2M
Total Current Liabilities269.2M24.1M65.9M89.4M103.1M87.2M
Total Stockholder Equity216.5M265.2M1.3B1.3B1.2B1.3B
Other Liab16.1M3.4M4.5M2.7M3.1M4.9M
Net Tangible Assets161.0M260.2M1.2B1.2B1.3B1.4B
Retained Earnings(360.3M)(564.6M)(788.5M)(1.1B)(1.3B)(1.2B)
Accounts Payable20.2M4.8M4.2M9.8M22.0M23.1M
Cash45.3M60.4M558.3M279.6M195.0M160.1M
Non Current Assets Total337.4M176.5M696.1M1.1B1.1B1.1B
Non Currrent Assets Other(337.4M)(173.9M)7.7M8.6M4.8M5.1M
Cash And Short Term Investments45.3M60.4M649.0M311.8M201.6M177.9M
Net Receivables27.6M15.9M10.9M22.6M27.1M14.7M
Common Stock Total Equity25.8M0.0509.7M762.0M876.4M920.2M
Common Stock Shares Outstanding8.6M21.9M186.0M229.9M259.4M272.3M
Liabilities And Stockholders Equity510.0M294.9M1.4B1.6B1.5B1.5B
Non Current Liabilities Total19.6M1.0M32.3M142.3M140.7M147.7M
Capital Lease Obligations722K1.4M33.5M169.8M167.0M175.4M
Inventory74.3M29.1M33.9M131.3M129.5M136.0M
Other Current Assets14.3M13.0M34.4M35.8M48.7M51.2M
Other Stockholder Equity60.3M59.3M71.1M73.5M77.6M48.6M
Total Liab288.8M25.2M98.1M231.7M243.8M140.1M
Property Plant And Equipment Gross282.0M116.9M216.5M492.5M583.9M613.1M
Total Current Assets172.6M118.4M728.2M501.5M406.9M269.8M
Accumulated Other Comprehensive Income6.9M8.4M7.6M32.2M19.4M10.2M
Short Term Debt178.6M409K5.7M30.2M30.5M38.2M
Intangible Assets44.0M5.1M4.7M74.9M73.1M76.8M
Common Stock509.7M762.0M2.0B2.3B2.4B2.5B

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Additional Information and Resources on Investing in SNDL Stock

When determining whether SNDL Inc is a strong investment it is important to analyze SNDL'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 SNDL's future performance. For an informed investment choice regarding SNDL Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SNDL Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Pharmaceuticals 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 SNDL. If investors know SNDL 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 SNDL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.39)
Revenue Per Share
3.505
Quarterly Revenue Growth
0.035
Return On Assets
(0.03)
Return On Equity
(0.11)
The market value of SNDL Inc is measured differently than its book value, which is the value of SNDL that is recorded on the company's balance sheet. Investors also form their own opinion of SNDL's value that differs from its market value or its book value, called intrinsic value, which is SNDL'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 SNDL's market value can be influenced by many factors that don't directly affect SNDL'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 SNDL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SNDL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SNDL'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.