Sony Capital Surpluse vs Capital Stock Analysis

SONY Stock  USD 82.34  1.55  1.92%   
Sony Group financial indicator trend analysis is much more than just breaking down Sony Group Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sony Group Corp is a good investment. Please check the relationship between Sony Group Capital Surpluse and its Capital Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sony Group Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Capital Surpluse vs Capital Stock

Capital Surpluse vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sony Group Corp Capital Surpluse account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sony Group's Capital Surpluse and Capital Stock is 0.83. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Sony Group Corp, assuming nothing else is changed. The correlation between historical values of Sony Group's Capital Surpluse 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 Capital Surpluse of Sony Group Corp 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 Capital Surpluse i.e., Sony Group's Capital Surpluse and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Surpluse

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
Most indicators from Sony Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sony Group 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 Sony Group Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 T in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense104.1B59.0B65.8B62.5B
Depreciation And Amortization854.5B1.0T1.1T1.2T

Sony Group fundamental ratios Correlations

0.920.781.00.970.750.760.940.930.990.820.450.830.631.00.720.83-0.331.00.850.750.890.70.640.720.14
0.920.730.940.960.810.940.950.80.940.770.20.740.340.890.790.73-0.430.910.880.560.970.680.860.48-0.1
0.780.730.80.740.370.620.850.710.750.30.20.550.320.760.530.850.050.780.590.460.640.990.550.450.06
1.00.940.80.970.740.790.950.920.990.810.420.820.60.990.740.84-0.320.990.850.730.90.720.690.690.11
0.970.960.740.970.780.840.970.890.980.80.350.780.460.950.720.71-0.370.960.870.660.940.680.720.590.04
0.750.810.370.740.780.820.730.550.790.830.230.780.390.730.870.51-0.80.740.890.60.780.30.630.53-0.09
0.760.940.620.790.840.820.850.550.80.67-0.060.610.10.710.80.6-0.550.750.810.340.890.60.910.25-0.3
0.940.950.850.950.970.730.850.850.940.670.320.720.370.910.70.75-0.310.930.850.620.910.80.720.530.06
0.930.80.710.920.890.550.550.850.90.730.620.760.670.930.520.73-0.090.930.740.80.820.620.50.730.3
0.990.940.750.990.980.790.80.940.90.850.380.830.590.990.760.8-0.40.990.870.710.910.670.680.690.05
0.820.770.30.810.80.830.670.670.730.850.390.760.640.830.680.54-0.60.820.760.660.790.20.560.650.05
0.450.20.20.420.350.23-0.060.320.620.380.390.480.720.490.060.330.10.470.40.860.260.11-0.20.710.88
0.830.740.550.820.780.780.610.720.760.830.760.480.710.830.860.68-0.350.830.890.850.720.470.520.850.05
0.630.340.320.60.460.390.10.370.670.590.640.720.710.690.390.61-0.10.660.480.830.350.210.020.950.46
1.00.890.760.990.950.730.710.910.930.990.830.490.830.690.70.85-0.311.00.840.780.850.680.580.760.19
0.720.790.530.740.720.870.80.70.520.760.680.060.860.390.70.64-0.60.720.860.560.710.490.70.56-0.31
0.830.730.850.840.710.510.60.750.730.80.540.330.680.610.850.64-0.120.850.650.630.610.810.520.640.14
-0.33-0.430.05-0.32-0.37-0.8-0.55-0.31-0.09-0.4-0.60.1-0.35-0.1-0.31-0.6-0.12-0.32-0.43-0.17-0.390.1-0.34-0.140.24
1.00.910.780.990.960.740.750.930.930.990.820.470.830.661.00.720.85-0.320.850.760.870.70.620.740.16
0.850.880.590.850.870.890.810.850.740.870.760.40.890.480.840.860.65-0.430.850.760.850.530.670.670.03
0.750.560.460.730.660.60.340.620.80.710.660.860.850.830.780.560.63-0.170.760.760.570.360.190.90.55
0.890.970.640.90.940.780.890.910.820.910.790.260.720.350.850.710.61-0.390.870.850.570.580.850.49-0.06
0.70.680.990.720.680.30.60.80.620.670.20.110.470.210.680.490.810.10.70.530.360.580.550.340.01
0.640.860.550.690.720.630.910.720.50.680.56-0.20.520.020.580.70.52-0.340.620.670.190.850.550.15-0.47
0.720.480.450.690.590.530.250.530.730.690.650.710.850.950.760.560.64-0.140.740.670.90.490.340.150.38
0.14-0.10.060.110.04-0.09-0.30.060.30.050.050.880.050.460.19-0.310.140.240.160.030.55-0.060.01-0.470.38
Click cells to compare fundamentals

Sony Group Account Relationship Matchups

Sony Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.0T26.4T30.5T32.0T34.1T35.8T
Short Long Term Debt Total1.9T2.5T3.4T4.1T4.1T4.3T
Other Current Liab2.5T3.0T1.9T2.2T5.9T6.2T
Total Current Liabilities6.2T7.8T8.8T9.3T10.2T10.7T
Total Stockholder Equity4.1T5.6T7.1T7.2T7.6T8.0T
Property Plant And Equipment Net1.3T1.4T1.5T3.2T2.0T1.2T
Net Debt346.4B669.5B1.3T2.6T2.2T2.3T
Retained Earnings2.8T3.9T3.8T4.6T6.0T6.3T
Cash1.5T1.8T2.0T1.5T1.9T2.0T
Non Current Assets Total17.3T19.1T24.9T27.6T27.3T28.7T
Non Currrent Assets Other1.4T1.5T2.3T2.6T1.4T1.6T
Cash And Short Term Investments3.4T4.7T2.6T1.9T2.3T1.5T
Net Receivables1.2T1.4T1.6T1.8T2.2T1.1T
Common Stock Shares Outstanding1.3B1.3B1.3B1.2B1.2B1.1B
Liabilities And Stockholders Equity23.0T26.4T30.5T32.0T34.1T35.8T
Non Current Liabilities Total12.0T12.9T14.5T15.4T16.2T17.0T
Inventory590.0B637.4B874.0B1.5T1.5T826.7B
Other Current Assets594.0B538.5B473.1B610.3B794.7B834.4B
Other Stockholder Equity1.1T1.4T1.3T(13.7T)1.1T672.5B
Total Liab18.2T20.7T23.3T24.8T26.4T27.7T
Property Plant And Equipment Gross1.3T1.4T1.5T1.8T2.1T1.2T
Total Current Assets5.7T7.2T5.5T5.8T6.8T3.9T
Accumulated Other Comprehensive Income(581.0B)(524.0B)1.2T15.4T(376.1B)(357.3B)
Short Term Debt908.9B1.4T2.1T2.1T2.0T2.1T
Intangible Assets906.3B996.3B450.1B563.8B2.5T2.7T
Accounts Payable380.8B599.6B1.8T1.9T2.1T2.2T
Short Term Investments1.8T2.9T510.0B439.3B398.2B732.3B
Common Stock865.7B874.3B880.2B880.4B881.4B574.8B
Other Liab1.1T880.5B1.5T13.7T15.7T16.5T
Other Assets1.9T1.0T1.3T(1.3T)(1.5T)(1.5T)
Long Term Debt592.8B773.3B1.2T1.8T2.0T2.1T
Good Will783.9B827.1B952.9B1.3T1.5T1.6T
Property Plant Equipment1.3T1.4T1.5T1.8T2.1T2.2T
Current Deferred Revenue2.4T2.8T2.9T3.2T152.1B144.5B
Net Tangible Assets2.4T3.8T4.4T3.8T4.4T2.4T
Long Term Investments12.7T14.3T19.4T19.6T22.5T11.7T
Short Long Term Debt840.0B1.3T2.1T2.1T2.4T2.5T

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Sony Group Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sony Group'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 Sony Group Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sony Group Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sony Group Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Sony Stock analysis

When running Sony Group's price analysis, check to measure Sony Group'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 Sony Group is operating at the current time. Most of Sony Group's value examination focuses on studying past and present price action to predict the probability of Sony Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sony Group's price. Additionally, you may evaluate how the addition of Sony Group to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Is Sony Group'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 Sony Group. If investors know Sony 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 Sony Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.483
Earnings Share
4.99
Revenue Per Share
10.6 K
Quarterly Revenue Growth
0.136
Return On Assets
0.0226
The market value of Sony Group Corp is measured differently than its book value, which is the value of Sony that is recorded on the company's balance sheet. Investors also form their own opinion of Sony Group's value that differs from its market value or its book value, called intrinsic value, which is Sony Group'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 Sony Group's market value can be influenced by many factors that don't directly affect Sony Group'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 Sony Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sony Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sony Group'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.