Sony Total Assets 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 Total Assets 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.
Total Assets vs Capital Stock
Total Assets 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 Total Assets account and Capital Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sony Group's Total Assets and Capital Stock is 0.62. Overlapping area represents the amount of variation of Total Assets 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 Total Assets 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 Total Assets 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 Total Assets i.e., Sony Group's Total Assets and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.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 Expense | 104.1B | 59.0B | 65.8B | 62.5B | Depreciation And Amortization | 854.5B | 1.0T | 1.1T | 1.2T |
Sony Group fundamental ratios Correlations
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Sony Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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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.