Snap Intangible Assets vs Accounts Payable Analysis
| SNPO Stock | USD 10.74 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 Intangible Assets and its Accounts Payable 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 closely tied with the direction of predictive economic indicators such as signals in american community survey.
Intangible Assets vs Accounts Payable
Intangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snap One Holdings Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Snap One's Intangible Assets and Accounts Payable is -0.86. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable 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 Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Snap One Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Snap One's Intangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.86 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Accounts Payable
An accounting item on the balance sheet that represents Snap One obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Snap One Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 closely tied 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 10th 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
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Snap Stock
When determining whether Snap One Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Snap One'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 Snap One Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Snap One Holdings Stock: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 closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Electronic Equipment, Instruments & Components 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 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.