Stoneridge Property Plant Equipment vs Total Stockholder Equity Analysis

SRI Stock  USD 15.87  0.35  2.16%   
Stoneridge financial indicator trend analysis is much more than just breaking down Stoneridge prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stoneridge is a good investment. Please check the relationship between Stoneridge Property Plant Equipment and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stoneridge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.

Property Plant Equipment vs Total Stockholder Equity

Property Plant Equipment vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stoneridge Property Plant Equipment account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Stoneridge's Property Plant Equipment and Total Stockholder Equity is 0.51. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Stoneridge, assuming nothing else is changed. The correlation between historical values of Stoneridge's Property Plant Equipment and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Stoneridge are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant Equipment i.e., Stoneridge's Property Plant Equipment and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

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.
Most indicators from Stoneridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stoneridge 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 Stoneridge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.As of now, Stoneridge's Selling General Administrative is decreasing as compared to previous years. The Stoneridge's current Tax Provision is estimated to increase to about 3.4 M, while Discontinued Operations is projected to decrease to (253.6 K).
 2021 2022 2023 2024 (projected)
Interest Expense5.2M7.1M13.3M12.7M
Depreciation And Amortization34.5M34.7M33.7M29.3M

Stoneridge fundamental ratios Correlations

0.820.550.870.670.910.60.420.950.710.93-0.230.710.970.590.810.730.830.220.890.40.960.240.550.060.45
0.820.450.90.170.660.92-0.030.80.440.77-0.550.440.770.290.950.640.730.130.970.290.80.60.61-0.270.27
0.550.450.480.470.480.350.450.580.370.38-0.050.370.510.230.360.550.61-0.140.440.280.610.060.06-0.020.52
0.870.90.480.330.70.710.070.910.650.8-0.630.650.870.430.810.60.680.270.930.230.870.640.62-0.10.23
0.670.170.470.330.74-0.050.880.630.550.60.370.550.660.480.160.470.58-0.040.250.340.66-0.42-0.020.390.57
0.910.660.480.70.740.410.520.790.740.92-0.130.740.850.60.660.560.750.080.720.320.830.110.460.190.37
0.60.920.350.71-0.050.41-0.120.590.050.55-0.440.050.550.010.840.640.580.00.830.380.580.570.54-0.480.3
0.42-0.030.450.070.880.52-0.120.360.250.320.550.250.340.13-0.110.50.4-0.370.020.480.39-0.52-0.160.250.75
0.950.80.580.910.630.790.590.360.670.83-0.30.670.970.550.740.70.820.250.850.340.980.290.40.050.43
0.710.440.370.650.550.740.050.250.670.69-0.341.00.70.710.480.260.520.350.58-0.030.680.210.410.40.08
0.930.770.380.80.60.920.550.320.830.69-0.330.690.880.470.790.490.680.140.820.210.820.290.630.080.23
-0.23-0.55-0.05-0.630.37-0.13-0.440.55-0.3-0.34-0.33-0.34-0.250.04-0.460.11-0.05-0.14-0.520.34-0.2-0.94-0.530.20.42
0.710.440.370.650.550.740.050.250.671.00.69-0.340.70.710.480.260.520.350.58-0.030.680.210.410.40.08
0.970.770.510.870.660.850.550.340.970.70.88-0.250.70.670.770.660.80.360.850.340.970.230.480.120.35
0.590.290.230.430.480.60.010.130.550.710.470.040.710.670.440.320.550.730.460.180.62-0.10.230.470.08
0.810.950.360.810.160.660.84-0.110.740.480.79-0.460.480.770.440.550.720.290.950.210.770.470.63-0.140.14
0.730.640.550.60.470.560.640.50.70.260.490.110.260.660.320.550.690.090.680.820.720.080.38-0.170.77
0.830.730.610.680.580.750.580.40.820.520.68-0.050.520.80.550.720.690.040.730.280.880.040.19-0.040.58
0.220.13-0.140.27-0.040.080.0-0.370.250.350.14-0.140.350.360.730.290.090.040.30.140.240.140.360.34-0.29
0.890.970.440.930.250.720.830.020.850.580.82-0.520.580.850.460.950.680.730.30.340.840.570.72-0.140.26
0.40.290.280.230.340.320.380.480.34-0.030.210.34-0.030.340.180.210.820.280.140.340.35-0.070.28-0.030.68
0.960.80.610.870.660.830.580.390.980.680.82-0.20.680.970.620.770.720.880.240.840.350.190.350.060.47
0.240.60.060.64-0.420.110.57-0.520.290.210.29-0.940.210.23-0.10.470.080.040.140.57-0.070.190.62-0.33-0.25
0.550.610.060.62-0.020.460.54-0.160.40.410.63-0.530.410.480.230.630.380.190.360.720.280.350.62-0.13-0.06
0.06-0.27-0.02-0.10.390.19-0.480.250.050.40.080.20.40.120.47-0.14-0.17-0.040.34-0.14-0.030.06-0.33-0.13-0.06
0.450.270.520.230.570.370.30.750.430.080.230.420.080.350.080.140.770.58-0.290.260.680.47-0.25-0.06-0.06
Click cells to compare fundamentals

Stoneridge Account Relationship Matchups

Stoneridge fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets602.2M621.4M665.4M652.1M679.9M578.9M
Short Long Term Debt Total147.1M159.1M184.1M179.8M203.0M150.6M
Other Current Liab55.2M52.3M70.1M66.0M60.3M47.7M
Total Current Liabilities138.6M146.0M173.1M177.7M178.2M138.7M
Total Stockholder Equity289.9M296.6M296.0M280.9M287.7M210.4M
Property Plant And Equipment Net144.5M138.3M126.2M118.4M120.9M115.5M
Net Debt77.7M85.2M98.6M125.0M162.2M111.0M
Retained Earnings206.5M212.3M215.7M201.7M196.5M206.3M
Accounts Payable80.7M86.1M97.7M110.2M111.9M73.2M
Cash69.4M73.9M85.5M54.8M40.8M54.4M
Non Current Assets Total270.9M286.7M254.6M242.6M250.5M212.2M
Non Currrent Assets Other(12.5M)(12.9M)(10.7M)(8.5M)30.9M32.5M
Cash And Short Term Investments69.4M73.9M85.5M54.8M40.8M54.4M
Net Receivables138.6M136.7M150.4M158.2M166.5M123.1M
Common Stock Shares Outstanding28.3M27.0M27.4M27.3M27.4M26.9M
Liabilities And Stockholders Equity602.2M621.4M665.4M652.1M679.9M578.9M
Non Current Liabilities Total173.7M178.7M196.4M193.5M213.9M161.7M
Inventory93.4M90.5M138.1M152.6M187.8M197.1M
Other Current Assets29.9M33.5M36.8M44.0M34.2M26.1M
Other Stockholder Equity124.1M113.4M122.0M132.0M184.0M174.8M
Total Liab312.3M324.8M369.4M371.2M392.2M361.0M
Property Plant And Equipment Gross144.5M138.3M126.2M118.4M428.1M449.5M
Total Current Assets331.3M334.7M410.8M409.6M429.4M287.2M
Accumulated Other Comprehensive Income(91.5M)(89.6M)(97.0M)(103.1M)(92.8M)(88.1M)
Short Term Debt2.7M7.7M5.2M1.5M6.0M11.0M
Intangible Assets58.1M55.4M49.9M45.5M47.3M91.3M
Other Liab29.3M27.3M17.5M15.1M17.3M15.4M
Other Assets1.6M882K122K254.6M292.8M307.4M
Long Term Debt454K136M164.0M167.8M189.3M122.2M
Good Will35.9M39.1M36.4M34.2M35.3M67.6M
Property Plant Equipment122.5M119.3M126.2M104.6M120.3M117.1M
Treasury Stock(50.8M)(60.5M)(55.3M)(50.4M)(45.3M)(43.1M)
Common Stock(50.8M)(60.5M)(55.3M)(50.4M)(45.3M)(43.1M)
Net Tangible Assets195.9M202.1M209.7M201.2M231.4M133.3M
Retained Earnings Total Equity206.5M212.3M215.7M201.7M231.9M243.5M
Long Term Debt Total454K136M164.0M167.8M151.0M158.6M
Capital Surpluse225.6M234.4M232.5M232.8M267.7M234.3M

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When determining whether Stoneridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stoneridge'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 Stoneridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stoneridge Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stoneridge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Stoneridge's price analysis, check to measure Stoneridge'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 Stoneridge is operating at the current time. Most of Stoneridge's value examination focuses on studying past and present price action to predict the probability of Stoneridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stoneridge's price. Additionally, you may evaluate how the addition of Stoneridge to your portfolios can decrease your overall portfolio volatility.
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Is Stoneridge'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 Stoneridge. If investors know Stoneridge 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 Stoneridge 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
1.948
Earnings Share
(0.14)
Revenue Per Share
35.421
Quarterly Revenue Growth
(0.01)
Return On Assets
0.019
The market value of Stoneridge is measured differently than its book value, which is the value of Stoneridge that is recorded on the company's balance sheet. Investors also form their own opinion of Stoneridge's value that differs from its market value or its book value, called intrinsic value, which is Stoneridge'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 Stoneridge's market value can be influenced by many factors that don't directly affect Stoneridge'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 Stoneridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stoneridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stoneridge'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.