Suburban Total Stockholder Equity vs Accounts Payable Analysis

SPH Stock  USD 19.76  0.25  1.28%   
Suburban Propane financial indicator trend analysis is much more than just breaking down Suburban Propane Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suburban Propane Partners is a good investment. Please check the relationship between Suburban Propane Total Stockholder Equity and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suburban Propane Partners. 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suburban Propane Partners Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Suburban Propane's Total Stockholder Equity and Accounts Payable is -0.23. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Suburban Propane Partners, assuming nothing else is changed. The correlation between historical values of Suburban Propane's Total Stockholder Equity 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 Total Stockholder Equity of Suburban Propane Partners 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 Total Stockholder Equity i.e., Suburban Propane's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Suburban Propane 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 Suburban Propane Partners 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 Suburban Propane's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suburban Propane Partners 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 Suburban Propane Partners. 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.
As of now, Suburban Propane's Sales General And Administrative To Revenue is increasing as compared to previous years. The Suburban Propane's current Enterprise Value is estimated to increase to about 930 M, while Selling General Administrative is projected to decrease to under 50.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit789.3M839.1M964.9M1.0B
Total Revenue1.5B1.4B1.6B1.2B

Suburban Propane fundamental ratios Correlations

0.530.070.72-0.120.450.810.15-0.160.59-0.06-0.160.150.850.760.060.460.260.780.27-0.080.750.02-0.450.110.53
0.53-0.220.63-0.270.970.810.740.610.99-0.080.610.670.850.880.650.39-0.140.870.130.710.880.720.360.850.45
0.07-0.220.530.15-0.060.060.05-0.5-0.210.75-0.50.01-0.03-0.050.10.580.330.040.86-0.180.01-0.35-0.7-0.44-0.51
0.720.630.53-0.160.680.830.49-0.070.660.37-0.070.450.810.770.460.830.180.830.70.220.810.16-0.450.210.11
-0.12-0.270.15-0.16-0.23-0.32-0.230.01-0.290.40.01-0.37-0.3-0.3-0.35-0.080.86-0.290.19-0.1-0.28-0.34-0.08-0.2-0.06
0.450.97-0.060.68-0.230.760.770.580.960.070.580.680.790.830.70.44-0.130.830.240.720.850.710.330.820.25
0.810.810.060.83-0.320.760.480.080.86-0.080.080.380.980.980.360.60.080.990.290.240.980.27-0.20.390.47
0.150.740.050.49-0.230.770.480.480.690.250.480.90.460.550.890.43-0.190.560.390.820.540.640.390.760.29
-0.160.61-0.5-0.070.010.580.080.480.53-0.21.00.460.170.240.45-0.17-0.220.2-0.250.870.230.870.820.880.21
0.590.99-0.210.66-0.290.960.860.690.53-0.10.530.610.890.920.590.4-0.120.910.120.630.920.660.290.80.46
-0.06-0.080.750.370.40.07-0.080.25-0.2-0.1-0.20.18-0.13-0.120.260.310.39-0.050.820.09-0.08-0.09-0.29-0.1-0.29
-0.160.61-0.5-0.070.010.580.080.481.00.53-0.20.460.170.240.45-0.17-0.220.2-0.250.870.230.870.820.880.21
0.150.670.010.45-0.370.680.380.90.460.610.180.460.40.430.970.37-0.390.450.30.790.430.640.380.720.19
0.850.85-0.030.81-0.30.790.980.460.170.89-0.130.170.40.980.360.560.050.980.230.280.980.34-0.140.460.5
0.760.88-0.050.77-0.30.830.980.550.240.92-0.120.240.430.980.410.530.050.990.220.370.990.4-0.050.530.52
0.060.650.10.46-0.350.70.360.890.450.590.260.450.970.360.410.41-0.380.430.350.80.430.630.370.70.03
0.460.390.580.83-0.080.440.60.43-0.170.40.31-0.170.370.560.530.410.20.590.710.170.57-0.02-0.470.03-0.02
0.26-0.140.330.180.86-0.130.08-0.19-0.22-0.120.39-0.22-0.390.050.05-0.380.20.070.41-0.240.05-0.46-0.44-0.30.16
0.780.870.040.83-0.290.830.990.560.20.91-0.050.20.450.980.990.430.590.070.30.360.990.38-0.110.50.48
0.270.130.860.70.190.240.290.39-0.250.120.82-0.250.30.230.220.350.710.410.30.140.24-0.07-0.52-0.07-0.12
-0.080.71-0.180.22-0.10.720.240.820.870.630.090.870.790.280.370.80.17-0.240.360.140.360.870.670.910.21
0.750.880.010.81-0.280.850.980.540.230.92-0.080.230.430.980.990.430.570.050.990.240.360.38-0.070.510.42
0.020.72-0.350.16-0.340.710.270.640.870.66-0.090.870.640.340.40.63-0.02-0.460.38-0.070.870.380.690.90.26
-0.450.36-0.7-0.45-0.080.33-0.20.390.820.29-0.290.820.38-0.14-0.050.37-0.47-0.44-0.11-0.520.67-0.070.690.760.15
0.110.85-0.440.21-0.20.820.390.760.880.8-0.10.880.720.460.530.70.03-0.30.5-0.070.910.510.90.760.39
0.530.45-0.510.11-0.060.250.470.290.210.46-0.290.210.190.50.520.03-0.020.160.48-0.120.210.420.260.150.39
Click cells to compare fundamentals

Suburban Propane Account Relationship Matchups

Suburban Propane fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding62.7M63.3M64.0M64.4M74.1M44.4M
Total Assets2.0B2.1B2.1B2.3B2.6B1.6B
Other Current Liab81.7M105.4M111.7M106.9M122.9M129.1M
Total Current Liabilities244.5M287.1M306.6M307.8M354.0M206.9M
Total Stockholder Equity(25.8M)(17.6M)(12.6M)546.4M491.7M516.3M
Property Plant And Equipment Net717.0M699.1M700.4M789.0M907.3M570.1M
Net Debt1.3B1.2B1.2B1.3B1.5B770.1M
Accounts Payable32.0M39.2M35.2M40.0M46.0M45.3M
Cash3.1M5.8M4.1M3.5M4.0M3.8M
Non Current Assets Total1.9B1.9B1.9B2.1B2.4B1.4B
Non Currrent Assets Other26.3M26.2M75.1M88.2M101.4M106.4M
Cash And Short Term Investments3.1M5.8M4.1M3.5M4.0M3.8M
Net Receivables55.4M71.4M78.5M67.7M77.8M70.7M
Good Will1.1B1.1B1.1B1.1B1.3B667.4M
Liabilities And Stockholders Equity1.7B1.6B1.6B2.3B2.6B2.7B
Non Current Liabilities Total1.4B1.3B1.3B1.4B1.6B932.3M
Inventory46.9M61.8M66.9M61.8M71.1M62.2M
Other Current Assets10.5M41.1M25.3M31.0M35.6M18.2M
Other Stockholder Equity(388.2M)(443.0M)(510.1M)557.0M501.3M526.4M
Total Liab1.7B1.6B1.6B1.7B2.0B1.1B
Property Plant And Equipment Gross717.0M1.5B1.6B1.7B2.0B2.0B
Total Current Assets116.0M180.1M174.9M164.0M188.6M210.4M
Accumulated Other Comprehensive Income(25.8M)(17.6M)(12.6M)(10.7M)(9.6M)(9.1M)
Short Long Term Debt Total1.3B1.2B1.2B1.3B1.5B887.7M
Intangible Assets84.1M39.3M40.0M80.6M72.5M141.9M
Common Stock388.2M443.0M510.1M557.0M640.6M468.4M
Short Term Debt26.4M30.9M32.1M33.6M38.6M44.9M
Other Liab137.5M122.6M118.6M119.6M137.5M120.3M
Current Deferred Revenue104.4M111.7M127.6M127.3M146.4M91.3M
Other Assets26.3M26.2M75.1M88.2M79.3M83.3M
Long Term Debt1.2B1.1B1.1B1.2B1.4B921.5M
Property Plant Equipment597.5M699.1M700.4M789.0M907.3M609.0M
Net Tangible Assets(825.5M)(698.1M)(574.9M)(683.0M)(614.7M)(583.9M)
Long Term Debt Total1.2B1.2B1.1B1.1B1.2B1.2B
Deferred Long Term Liab3.2M2.2M1.3M903K1.0M986.5K
Non Current Liabilities Other230.2M221.1M222.2M70.0M80.5M154.1M
Cash And Equivalents2.4M3.1M5.8M4.1M3.7M6.9M
Net Invested Capital1.6B1.5B1.6B1.7B1.6B1.3B

Currently Active Assets on Macroaxis

When determining whether Suburban Propane Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Suburban Propane'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 Suburban Propane Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suburban Propane Partners Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suburban Propane Partners. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is Suburban Propane'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 Suburban Propane. If investors know Suburban 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 Suburban Propane 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
0.062
Dividend Share
1.3
Earnings Share
1.71
Revenue Per Share
21.371
Quarterly Revenue Growth
(0.05)
The market value of Suburban Propane Partners is measured differently than its book value, which is the value of Suburban that is recorded on the company's balance sheet. Investors also form their own opinion of Suburban Propane's value that differs from its market value or its book value, called intrinsic value, which is Suburban Propane'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 Suburban Propane's market value can be influenced by many factors that don't directly affect Suburban Propane'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 Suburban Propane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suburban Propane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suburban Propane'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.