Snap Capital Surpluse vs Current Deferred Revenue Analysis
SNPO Stock | USD 10.72 0.01 0.09% |
Snap One financial indicator trend analysis is much more than just breaking down Snap One Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Snap One Holdings is a good investment. Please check the relationship between Snap One Capital Surpluse and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap One Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Capital Surpluse vs Current Deferred Revenue
Capital Surpluse vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snap One Holdings Capital Surpluse account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Snap One's Capital Surpluse and Current Deferred Revenue is 0.73. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Snap One Holdings, assuming nothing else is changed. The correlation between historical values of Snap One's Capital Surpluse 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 Capital Surpluse of Snap One Holdings 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 Capital Surpluse i.e., Snap One's Capital Surpluse and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Surpluse
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 Snap One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Snap One Holdings 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 Snap One Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At this time, Snap One's Issuance Of Capital Stock is very stable compared to the past year. As of the 2nd of June 2024, Enterprise Value Over EBITDA is likely to grow to 36.87, while Tax Provision is likely to drop (9.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 28.1M | 33.7M | 58.3M | 42.0M | Depreciation And Amortization | 56.6M | 55.9M | 71.7M | 62.0M |
Snap One fundamental ratios Correlations
Click cells to compare fundamentals
Snap One Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Snap One's price analysis, check to measure Snap One'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 Snap One is operating at the current time. Most of Snap One's value examination focuses on studying past and present price action to predict the probability of Snap One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap One's price. Additionally, you may evaluate how the addition of Snap One to your portfolios can decrease your overall portfolio volatility.
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Is Snap One'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 Snap One. If investors know Snap 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 Snap One 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 13.852 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0134 | Return On Equity (0.04) |
The market value of Snap One Holdings is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap One's value that differs from its market value or its book value, called intrinsic value, which is Snap One'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 Snap One's market value can be influenced by many factors that don't directly affect Snap One'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 Snap One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap One'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.