Snap Retained Earnings vs Net Tangible Assets 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 Retained Earnings and its Net Tangible Assets 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.

Retained Earnings vs Net Tangible Assets

Retained Earnings vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snap One Holdings Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Snap One's Retained Earnings and Net Tangible Assets is -0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible Assets 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 Retained Earnings and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Snap One Holdings are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Retained Earnings i.e., Snap One's Retained Earnings and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 Expense28.1M33.7M58.3M42.0M
Depreciation And Amortization56.6M55.9M71.7M62.0M

Snap One fundamental ratios Correlations

-0.760.40.770.890.70.780.790.82-0.72-0.870.82-0.05-0.79-0.43-0.57-0.84-0.05-0.480.970.71-0.72-0.760.870.30.86
-0.76-0.35-0.68-0.91-0.85-0.84-0.5-0.820.980.86-0.83-0.10.740.09-0.010.97-0.10.05-0.85-0.810.910.9-0.67-0.81-0.88
0.4-0.350.670.280.190.170.270.47-0.48-0.50.390.78-0.720.37-0.36-0.380.78-0.410.520.18-0.42-0.650.140.30.33
0.77-0.680.670.740.670.780.720.92-0.75-0.890.920.53-0.68-0.36-0.54-0.780.53-0.090.780.71-0.56-0.690.740.370.79
0.89-0.910.280.740.940.940.810.92-0.88-0.960.850.02-0.63-0.36-0.36-0.970.02-0.130.90.94-0.72-0.760.910.640.99
0.7-0.850.190.670.940.950.780.91-0.85-0.920.790.13-0.41-0.32-0.25-0.930.130.150.710.99-0.56-0.620.860.750.96
0.78-0.840.170.780.940.950.790.95-0.83-0.930.920.1-0.45-0.53-0.31-0.930.10.160.750.97-0.59-0.610.920.60.96
0.79-0.50.270.720.810.780.790.83-0.5-0.840.670.12-0.34-0.56-0.8-0.680.12-0.180.690.83-0.24-0.370.940.240.85
0.82-0.820.470.920.920.910.950.83-0.86-0.990.930.35-0.6-0.4-0.47-0.930.350.010.820.92-0.6-0.710.890.580.96
-0.720.98-0.48-0.75-0.88-0.85-0.83-0.5-0.860.89-0.85-0.280.750.030.020.96-0.280.01-0.83-0.810.870.91-0.64-0.84-0.87
-0.870.86-0.5-0.89-0.96-0.92-0.93-0.84-0.990.89-0.9-0.30.670.310.460.95-0.30.11-0.88-0.920.670.78-0.89-0.63-0.98
0.82-0.830.390.920.850.790.920.670.93-0.85-0.90.24-0.65-0.49-0.32-0.90.240.040.810.8-0.7-0.720.820.480.87
-0.05-0.10.780.530.020.130.10.120.35-0.28-0.30.24-0.20.34-0.17-0.151.00.20.050.150.0-0.25-0.040.310.13
-0.790.74-0.72-0.68-0.63-0.41-0.45-0.34-0.60.750.67-0.65-0.2-0.110.220.71-0.20.6-0.89-0.380.890.94-0.42-0.41-0.6
-0.430.090.37-0.36-0.36-0.32-0.53-0.56-0.40.030.31-0.490.34-0.110.50.240.34-0.16-0.22-0.41-0.07-0.16-0.670.32-0.37
-0.57-0.01-0.36-0.54-0.36-0.25-0.31-0.8-0.470.020.46-0.32-0.170.220.50.21-0.170.45-0.43-0.34-0.110.06-0.610.31-0.41
-0.840.97-0.38-0.78-0.97-0.93-0.93-0.68-0.930.960.95-0.9-0.150.710.240.21-0.150.06-0.89-0.90.820.85-0.82-0.74-0.97
-0.05-0.10.780.530.020.130.10.120.35-0.28-0.30.241.0-0.20.34-0.17-0.150.20.050.150.0-0.25-0.040.310.13
-0.480.05-0.41-0.09-0.130.150.16-0.180.010.010.110.040.20.6-0.160.450.060.2-0.490.160.320.37-0.090.25-0.07
0.97-0.850.520.780.90.710.750.690.82-0.83-0.880.810.05-0.89-0.22-0.43-0.890.05-0.490.7-0.84-0.890.780.460.87
0.71-0.810.180.710.940.990.970.830.92-0.81-0.920.80.15-0.38-0.41-0.34-0.90.150.160.7-0.5-0.570.90.680.96
-0.720.91-0.42-0.56-0.72-0.56-0.59-0.24-0.60.870.67-0.70.00.89-0.07-0.110.820.00.32-0.84-0.50.95-0.44-0.64-0.66
-0.760.9-0.65-0.69-0.76-0.62-0.61-0.37-0.710.910.78-0.72-0.250.94-0.160.060.85-0.250.37-0.89-0.570.95-0.49-0.69-0.73
0.87-0.670.140.740.910.860.920.940.89-0.64-0.890.82-0.04-0.42-0.67-0.61-0.82-0.04-0.090.780.9-0.44-0.490.330.92
0.3-0.810.30.370.640.750.60.240.58-0.84-0.630.480.31-0.410.320.31-0.740.310.250.460.68-0.64-0.690.330.64
0.86-0.880.330.790.990.960.960.850.96-0.87-0.980.870.13-0.6-0.37-0.41-0.970.13-0.070.870.96-0.66-0.730.920.64
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Snap One Account Relationship Matchups

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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 tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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.