Sysco Total Current Assets vs Non Current Liabilities Total Analysis
SYY Stock | USD 73.45 0.50 0.69% |
Sysco financial indicator trend analysis is much more than just breaking down Sysco prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sysco is a good investment. Please check the relationship between Sysco Total Current Assets and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.
Total Current Assets vs Non Current Liabilities Total
Total Current Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sysco Total Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sysco's Total Current Assets and Non Current Liabilities Total is 0.81. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Sysco, assuming nothing else is changed. The correlation between historical values of Sysco's Total Current Assets and Non Current Liabilities Total 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 Current Assets of Sysco are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Assets i.e., Sysco's Total Current Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Non Current Liabilities Total
Most indicators from Sysco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sysco 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 Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.Enterprise Value is likely to rise to about 45.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 5 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 68.6B | 76.3B | 87.8B | 92.2B | Depreciation And Amortization | 912.3M | 888.7M | 1.0B | 1.1B |
Sysco fundamental ratios Correlations
Click cells to compare fundamentals
Sysco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sysco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.6B | 21.4B | 22.1B | 22.8B | 26.2B | 27.6B | |
Short Long Term Debt Total | 15.1B | 11.8B | 11.4B | 11.2B | 12.8B | 13.5B | |
Other Current Liab | 1.6B | 1.8B | 1.9B | 2.4B | 2.7B | 2.8B | |
Total Current Liabilities | 6.7B | 7.3B | 8.8B | 8.5B | 9.8B | 10.3B | |
Total Stockholder Equity | 1.2B | 1.6B | 1.4B | 2.0B | 2.3B | 2.5B | |
Property Plant And Equipment Net | 5.1B | 5.0B | 5.2B | 5.6B | 6.5B | 6.8B | |
Net Debt | 9.0B | 8.8B | 10.5B | 10.4B | 12.0B | 12.6B | |
Retained Earnings | 10.6B | 10.2B | 10.5B | 11.3B | 13.0B | 13.7B | |
Cash | 6.1B | 3.0B | 867.1M | 745.2M | 857.0M | 836.1M | |
Non Current Assets Total | 10.3B | 10.7B | 11.6B | 12.2B | 14.0B | 14.7B | |
Non Currrent Assets Other | 384.4M | 528.8M | 485.9M | 419.3M | 482.2M | 310.9M | |
Cash And Short Term Investments | 6.1B | 3.0B | 867.1M | 745.2M | 857.0M | 836.8M | |
Net Receivables | 3.0B | 3.8B | 4.9B | 5.1B | 5.9B | 6.2B | |
Common Stock Shares Outstanding | 514.0M | 513.6M | 514.0M | 509.7M | 458.7M | 507.7M | |
Liabilities And Stockholders Equity | 22.6B | 21.4B | 22.1B | 22.8B | 26.2B | 27.6B | |
Non Current Liabilities Total | 14.7B | 12.5B | 11.9B | 12.2B | 14.1B | 14.8B | |
Inventory | 3.1B | 3.7B | 4.4B | 4.5B | 5.2B | 5.4B | |
Other Current Assets | 192.2M | 241.0M | 303.8M | 284.6M | 327.3M | 343.6M | |
Other Stockholder Equity | (8.5B) | (8.2B) | (8.4B) | (8.8B) | (7.9B) | (7.5B) | |
Total Liab | 21.4B | 19.8B | 20.7B | 20.8B | 23.9B | 25.1B | |
Total Current Assets | 12.3B | 10.7B | 10.5B | 10.6B | 12.2B | 12.8B | |
Short Term Debt | 1.7B | 597.6M | 686.3M | 161.6M | 185.8M | 360.7M | |
Accounts Payable | 3.4B | 4.9B | 5.8B | 6.0B | 6.9B | 7.3B | |
Intangible Assets | 780.2M | 746.1M | 952.7M | 859.5M | 988.5M | 519.1M | |
Property Plant And Equipment Gross | 5.1B | 5.0B | 5.2B | 5.6B | 6.5B | 3.3B | |
Accumulated Other Comprehensive Income | (1.7B) | (1.1B) | (1.5B) | (1.3B) | (1.1B) | (1.2B) | |
Long Term Debt | 12.8B | 10.6B | 10.1B | 10.3B | 11.9B | 12.5B | |
Good Will | 3.7B | 3.9B | 4.5B | 4.6B | 5.3B | 5.6B | |
Treasury Stock | (9.3B) | (10.0B) | (9.8B) | (10.2B) | (9.2B) | (8.7B) | |
Property Plant Equipment | 5.1B | 5.0B | 5.2B | 5.6B | 6.5B | 3.8B | |
Current Deferred Revenue | 56.8M | 80.8M | 194.1M | 393.3M | 354.0M | 231.4M | |
Other Liab | 1.2B | 1.3B | 1.3B | 1.2B | 1.4B | 965.2M | |
Net Tangible Assets | (3.4B) | (3.1B) | (4.1B) | (3.5B) | (3.1B) | (3.0B) | |
Retained Earnings Total Equity | 10.6B | 10.2B | 10.5B | 11.3B | 13.0B | 10.3B | |
Long Term Debt Total | 12.9B | 10.6B | 10.1B | 10.3B | 11.9B | 7.0B | |
Capital Surpluse | 1.5B | 1.6B | 1.8B | 1.8B | 2.1B | 1.4B |
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 Sysco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sysco'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 Sysco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sysco Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Sysco Stock analysis
When running Sysco's price analysis, check to measure Sysco'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 Sysco is operating at the current time. Most of Sysco's value examination focuses on studying past and present price action to predict the probability of Sysco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sysco's price. Additionally, you may evaluate how the addition of Sysco to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
CEOs Directory Screen CEOs from public companies around the world | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Content Syndication Quickly integrate customizable finance content to your own investment portal |
Is Sysco'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 Sysco. If investors know Sysco 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 Sysco 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 0.012 | Dividend Share 2 | Earnings Share 4.1 | Revenue Per Share 154.822 | Quarterly Revenue Growth 0.027 |
The market value of Sysco is measured differently than its book value, which is the value of Sysco that is recorded on the company's balance sheet. Investors also form their own opinion of Sysco's value that differs from its market value or its book value, called intrinsic value, which is Sysco'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 Sysco's market value can be influenced by many factors that don't directly affect Sysco'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 Sysco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sysco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sysco'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.