Sony Net Debt vs Total Assets 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 Net Debt and its Total Assets 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.

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sony Group Corp Net Debt account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sony Group's Net Debt and Total Assets is 0.76. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets 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 Net Debt and Total 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 Net Debt of Sony Group Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., Sony Group's Net Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Assets

Total assets refers to the total amount of Sony Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sony Group Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Expense	104.1B	59.0B	65.8B	62.5B
Depreciation And Amortization	854.5B	1.0T	1.1T	1.2T

Interest Expense Depreciation And Amortization

Sony Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Short Term Investments
Total Assets		0.92	0.78	1.0	0.97	0.75	0.76	0.94	0.93	0.99	0.82	0.45	0.83	0.63	1.0	0.72	0.83	-0.33	1.0	0.85	0.75	0.89	0.7	0.64	0.72	0.14
Short Long Term Debt Total	0.92		0.73	0.94	0.96	0.81	0.94	0.95	0.8	0.94	0.77	0.2	0.74	0.34	0.89	0.79	0.73	-0.43	0.91	0.88	0.56	0.97	0.68	0.86	0.48	-0.1
Other Current Liab	0.78	0.73		0.8	0.74	0.37	0.62	0.85	0.71	0.75	0.3	0.2	0.55	0.32	0.76	0.53	0.85	0.05	0.78	0.59	0.46	0.64	0.99	0.55	0.45	0.06
Total Current Liabilities	1.0	0.94	0.8		0.97	0.74	0.79	0.95	0.92	0.99	0.81	0.42	0.82	0.6	0.99	0.74	0.84	-0.32	0.99	0.85	0.73	0.9	0.72	0.69	0.69	0.11
Total Stockholder Equity	0.97	0.96	0.74	0.97		0.78	0.84	0.97	0.89	0.98	0.8	0.35	0.78	0.46	0.95	0.72	0.71	-0.37	0.96	0.87	0.66	0.94	0.68	0.72	0.59	0.04
Property Plant And Equipment Net	0.75	0.81	0.37	0.74	0.78		0.82	0.73	0.55	0.79	0.83	0.23	0.78	0.39	0.73	0.87	0.51	-0.8	0.74	0.89	0.6	0.78	0.3	0.63	0.53	-0.09
Net Debt	0.76	0.94	0.62	0.79	0.84	0.82		0.85	0.55	0.8	0.67	-0.06	0.61	0.1	0.71	0.8	0.6	-0.55	0.75	0.81	0.34	0.89	0.6	0.91	0.25	-0.3
Retained Earnings	0.94	0.95	0.85	0.95	0.97	0.73	0.85		0.85	0.94	0.67	0.32	0.72	0.37	0.91	0.7	0.75	-0.31	0.93	0.85	0.62	0.91	0.8	0.72	0.53	0.06
Cash	0.93	0.8	0.71	0.92	0.89	0.55	0.55	0.85		0.9	0.73	0.62	0.76	0.67	0.93	0.52	0.73	-0.09	0.93	0.74	0.8	0.82	0.62	0.5	0.73	0.3
Non Current Assets Total	0.99	0.94	0.75	0.99	0.98	0.79	0.8	0.94	0.9		0.85	0.38	0.83	0.59	0.99	0.76	0.8	-0.4	0.99	0.87	0.71	0.91	0.67	0.68	0.69	0.05
Non Currrent Assets Other	0.82	0.77	0.3	0.81	0.8	0.83	0.67	0.67	0.73	0.85		0.39	0.76	0.64	0.83	0.68	0.54	-0.6	0.82	0.76	0.66	0.79	0.2	0.56	0.65	0.05
Cash And Short Term Investments	0.45	0.2	0.2	0.42	0.35	0.23	-0.06	0.32	0.62	0.38	0.39		0.48	0.72	0.49	0.06	0.33	0.1	0.47	0.4	0.86	0.26	0.11	-0.2	0.71	0.88
Net Receivables	0.83	0.74	0.55	0.82	0.78	0.78	0.61	0.72	0.76	0.83	0.76	0.48		0.71	0.83	0.86	0.68	-0.35	0.83	0.89	0.85	0.72	0.47	0.52	0.85	0.05
Common Stock Shares Outstanding	0.63	0.34	0.32	0.6	0.46	0.39	0.1	0.37	0.67	0.59	0.64	0.72	0.71		0.69	0.39	0.61	-0.1	0.66	0.48	0.83	0.35	0.21	0.02	0.95	0.46
Non Current Liabilities Total	1.0	0.89	0.76	0.99	0.95	0.73	0.71	0.91	0.93	0.99	0.83	0.49	0.83	0.69		0.7	0.85	-0.31	1.0	0.84	0.78	0.85	0.68	0.58	0.76	0.19
Inventory	0.72	0.79	0.53	0.74	0.72	0.87	0.8	0.7	0.52	0.76	0.68	0.06	0.86	0.39	0.7		0.64	-0.6	0.72	0.86	0.56	0.71	0.49	0.7	0.56	-0.31
Other Current Assets	0.83	0.73	0.85	0.84	0.71	0.51	0.6	0.75	0.73	0.8	0.54	0.33	0.68	0.61	0.85	0.64		-0.12	0.85	0.65	0.63	0.61	0.81	0.52	0.64	0.14
Other Stockholder Equity	-0.33	-0.43	0.05	-0.32	-0.37	-0.8	-0.55	-0.31	-0.09	-0.4	-0.6	0.1	-0.35	-0.1	-0.31	-0.6	-0.12		-0.32	-0.43	-0.17	-0.39	0.1	-0.34	-0.14	0.24
Total Liab	1.0	0.91	0.78	0.99	0.96	0.74	0.75	0.93	0.93	0.99	0.82	0.47	0.83	0.66	1.0	0.72	0.85	-0.32		0.85	0.76	0.87	0.7	0.62	0.74	0.16
Property Plant And Equipment Gross	0.85	0.88	0.59	0.85	0.87	0.89	0.81	0.85	0.74	0.87	0.76	0.4	0.89	0.48	0.84	0.86	0.65	-0.43	0.85		0.76	0.85	0.53	0.67	0.67	0.03
Total Current Assets	0.75	0.56	0.46	0.73	0.66	0.6	0.34	0.62	0.8	0.71	0.66	0.86	0.85	0.83	0.78	0.56	0.63	-0.17	0.76	0.76		0.57	0.36	0.19	0.9	0.55
Short Term Debt	0.89	0.97	0.64	0.9	0.94	0.78	0.89	0.91	0.82	0.91	0.79	0.26	0.72	0.35	0.85	0.71	0.61	-0.39	0.87	0.85	0.57		0.58	0.85	0.49	-0.06
Intangible Assets	0.7	0.68	0.99	0.72	0.68	0.3	0.6	0.8	0.62	0.67	0.2	0.11	0.47	0.21	0.68	0.49	0.81	0.1	0.7	0.53	0.36	0.58		0.55	0.34	0.01
Accounts Payable	0.64	0.86	0.55	0.69	0.72	0.63	0.91	0.72	0.5	0.68	0.56	-0.2	0.52	0.02	0.58	0.7	0.52	-0.34	0.62	0.67	0.19	0.85	0.55		0.15	-0.47
Common Stock Total Equity	0.72	0.48	0.45	0.69	0.59	0.53	0.25	0.53	0.73	0.69	0.65	0.71	0.85	0.95	0.76	0.56	0.64	-0.14	0.74	0.67	0.9	0.49	0.34	0.15		0.38
Short Term Investments	0.14	-0.1	0.06	0.11	0.04	-0.09	-0.3	0.06	0.3	0.05	0.05	0.88	0.05	0.46	0.19	-0.31	0.14	0.24	0.16	0.03	0.55	-0.06	0.01	-0.47	0.38

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Sony Group Account Relationship Matchups

Sony Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	23.0T	26.4T	30.5T	32.0T	34.1T	35.8T
Short Long Term Debt Total	1.9T	2.5T	3.4T	4.1T	4.1T	4.3T
Other Current Liab	2.5T	3.0T	1.9T	2.2T	5.9T	6.2T
Total Current Liabilities	6.2T	7.8T	8.8T	9.3T	10.2T	10.7T
Total Stockholder Equity	4.1T	5.6T	7.1T	7.2T	7.6T	8.0T
Property Plant And Equipment Net	1.3T	1.4T	1.5T	3.2T	2.0T	1.2T
Net Debt	346.4B	669.5B	1.3T	2.6T	2.2T	2.3T
Retained Earnings	2.8T	3.9T	3.8T	4.6T	6.0T	6.3T
Cash	1.5T	1.8T	2.0T	1.5T	1.9T	2.0T
Non Current Assets Total	17.3T	19.1T	24.9T	27.6T	27.3T	28.7T
Non Currrent Assets Other	1.4T	1.5T	2.3T	2.6T	1.4T	1.6T
Cash And Short Term Investments	3.4T	4.7T	2.6T	1.9T	2.3T	1.5T
Net Receivables	1.2T	1.4T	1.6T	1.8T	2.2T	1.1T
Common Stock Shares Outstanding	1.3B	1.3B	1.3B	1.2B	1.2B	1.1B
Liabilities And Stockholders Equity	23.0T	26.4T	30.5T	32.0T	34.1T	35.8T
Non Current Liabilities Total	12.0T	12.9T	14.5T	15.4T	16.2T	17.0T
Inventory	590.0B	637.4B	874.0B	1.5T	1.5T	826.7B
Other Current Assets	594.0B	538.5B	473.1B	610.3B	794.7B	834.4B
Other Stockholder Equity	1.1T	1.4T	1.3T	(13.7T)	1.1T	672.5B
Total Liab	18.2T	20.7T	23.3T	24.8T	26.4T	27.7T
Property Plant And Equipment Gross	1.3T	1.4T	1.5T	1.8T	2.1T	1.2T
Total Current Assets	5.7T	7.2T	5.5T	5.8T	6.8T	3.9T
Accumulated Other Comprehensive Income	(581.0B)	(524.0B)	1.2T	15.4T	(376.1B)	(357.3B)
Short Term Debt	908.9B	1.4T	2.1T	2.1T	2.0T	2.1T
Intangible Assets	906.3B	996.3B	450.1B	563.8B	2.5T	2.7T
Accounts Payable	380.8B	599.6B	1.8T	1.9T	2.1T	2.2T
Short Term Investments	1.8T	2.9T	510.0B	439.3B	398.2B	732.3B
Common Stock	865.7B	874.3B	880.2B	880.4B	881.4B	574.8B
Other Liab	1.1T	880.5B	1.5T	13.7T	15.7T	16.5T
Other Assets	1.9T	1.0T	1.3T	(1.3T)	(1.5T)	(1.5T)
Long Term Debt	592.8B	773.3B	1.2T	1.8T	2.0T	2.1T
Good Will	783.9B	827.1B	952.9B	1.3T	1.5T	1.6T
Property Plant Equipment	1.3T	1.4T	1.5T	1.8T	2.1T	2.2T
Current Deferred Revenue	2.4T	2.8T	2.9T	3.2T	152.1B	144.5B
Net Tangible Assets	2.4T	3.8T	4.4T	3.8T	4.4T	2.4T
Long Term Investments	12.7T	14.3T	19.4T	19.6T	22.5T	11.7T
Short Long Term Debt	840.0B	1.3T	2.1T	2.1T	2.4T	2.5T

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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:

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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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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.

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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.

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Sony Net Debt vs Total Assets Analysis

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Assets

Sony Group fundamental ratios Correlations

Sony Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sony Group fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Other Current Liab

Other Stockholder Equity	- 0.8	Property Plant And Equipment Net
Other Stockholder Equity	- 0.6	Inventory
Other Stockholder Equity	- 0.6	Non Currrent Assets Other
Other Stockholder Equity	- 0.55	Net Debt
Short Term Investments	- 0.47	Accounts Payable
Property Plant And Equipment Gross	- 0.43	Other Stockholder Equity