Sanmina Inventory vs Short Term Debt Analysis

SANM Stock  USD 78.59  2.16  2.67%   
Sanmina financial indicator trend analysis is much more than just breaking down Sanmina prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanmina is a good investment. Please check the relationship between Sanmina Inventory and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.

Inventory vs Short Term Debt

Inventory vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanmina Inventory account and Short Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sanmina's Inventory and Short Term Debt is 0.26. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Sanmina, assuming nothing else is changed. The correlation between historical values of Sanmina's Inventory and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Sanmina are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Inventory i.e., Sanmina's Inventory and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Short Term Debt

Most indicators from Sanmina's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanmina 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 Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.At this time, Sanmina's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 14th of November 2024, Enterprise Value Multiple is likely to grow to 9.74, while Selling General Administrative is likely to drop about 243.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit640.5M743.2M640.4M453.2M
Total Revenue7.9B8.9B7.6B6.2B

Sanmina fundamental ratios Correlations

0.230.790.920.950.89-0.43-0.450.950.910.790.330.90.940.510.380.930.320.550.960.610.980.110.290.33-0.82
0.230.30.2-0.010.530.6-0.780.110.20.480.430.220.020.780.70.150.60.670.42-0.110.130.33-0.20.4-0.65
0.790.30.680.740.82-0.26-0.570.680.780.730.310.760.740.60.420.620.230.730.760.290.740.10.240.42-0.77
0.920.20.680.80.8-0.3-0.410.970.750.670.260.730.840.410.110.960.180.530.940.470.920.40.230.34-0.71
0.95-0.010.740.80.78-0.6-0.260.860.90.720.220.880.920.340.250.850.250.360.810.660.94-0.040.380.18-0.68
0.890.530.820.80.78-0.05-0.760.780.760.920.360.740.750.80.520.760.450.790.90.270.810.240.230.46-0.97
-0.430.6-0.26-0.3-0.6-0.05-0.47-0.4-0.57-0.110.1-0.59-0.530.340.11-0.340.10.29-0.23-0.78-0.490.37-0.280.18-0.02
-0.45-0.78-0.57-0.41-0.26-0.76-0.47-0.38-0.36-0.64-0.55-0.34-0.31-0.97-0.61-0.33-0.56-0.93-0.580.23-0.36-0.250.07-0.550.85
0.950.110.680.970.860.78-0.4-0.380.810.660.290.780.910.390.180.970.170.50.940.540.960.20.240.34-0.7
0.910.20.780.750.90.76-0.57-0.360.810.660.471.00.890.450.470.770.430.460.840.750.92-0.070.170.31-0.74
0.790.480.730.670.720.92-0.11-0.640.660.660.10.660.590.750.510.640.420.720.780.280.670.20.430.31-0.89
0.330.430.310.260.220.360.1-0.550.290.470.10.450.320.50.460.30.550.420.390.180.37-0.09-0.360.54-0.48
0.90.220.760.730.880.74-0.59-0.340.781.00.660.450.860.440.50.740.450.440.830.780.9-0.080.160.29-0.73
0.940.020.740.840.920.75-0.53-0.310.910.890.590.320.860.330.30.840.140.410.860.610.97-0.040.210.34-0.66
0.510.780.60.410.340.80.34-0.970.390.450.750.50.440.330.690.350.670.920.61-0.10.40.170.00.46-0.9
0.380.70.420.110.250.520.11-0.610.180.470.510.460.50.30.690.150.590.570.450.250.31-0.38-0.060.36-0.64
0.930.150.620.960.850.76-0.34-0.330.970.770.640.30.740.840.350.150.220.430.910.570.940.260.240.26-0.67
0.320.60.230.180.250.450.1-0.560.170.430.420.550.450.140.670.590.220.460.360.240.27-0.02-0.07-0.1-0.59
0.550.670.730.530.360.790.29-0.930.50.460.720.420.440.410.920.570.430.460.67-0.140.460.230.070.51-0.86
0.960.420.760.940.810.9-0.23-0.580.940.840.780.390.830.860.610.450.910.360.670.510.930.230.180.43-0.87
0.61-0.110.290.470.660.27-0.780.230.540.750.280.180.780.61-0.10.250.570.24-0.140.510.66-0.260.15-0.05-0.24
0.980.130.740.920.940.81-0.49-0.360.960.920.670.370.90.970.40.310.940.270.460.930.660.070.230.31-0.73
0.110.330.10.4-0.040.240.37-0.250.2-0.070.2-0.09-0.08-0.040.17-0.380.26-0.020.230.23-0.260.07-0.010.11-0.21
0.29-0.20.240.230.380.23-0.280.070.240.170.43-0.360.160.210.0-0.060.24-0.070.070.180.150.23-0.01-0.25-0.15
0.330.40.420.340.180.460.18-0.550.340.310.310.540.290.340.460.360.26-0.10.510.43-0.050.310.11-0.25-0.48
-0.82-0.65-0.77-0.71-0.68-0.97-0.020.85-0.7-0.74-0.89-0.48-0.73-0.66-0.9-0.64-0.67-0.59-0.86-0.87-0.24-0.73-0.21-0.15-0.48
Click cells to compare fundamentals

Sanmina Account Relationship Matchups

Sanmina fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.2B4.9B4.9B4.7B3.7B
Short Long Term Debt Total348.0M330.3M346.7M338.3M317.3M622.4M
Other Current Liab293.8M279.5M208.0M394.6M196.7M236.5M
Total Current Liabilities1.5B1.8B2.5B2.0B1.8B1.3B
Total Stockholder Equity1.6B1.9B1.9B2.3B2.4B1.4B
Property Plant And Equipment Net559.2M533.0M575.2M632.8M616.1M531.5M
Net Debt(132.5M)(319.7M)(183.1M)(329.3M)(308.5M)(293.1M)
Retained Earnings(3.7B)(3.5B)(3.2B)(2.9B)(2.6B)(2.8B)
Accounts Payable1.2B1.5B2.0B1.6B1.5B997.3M
Cash480.5M650.0M529.9M667.6M625.9M550.5M
Non Current Assets Total953.2M925.1M934.0M994.4M952.4M1.1B
Non Currrent Assets Other120.5M157.0M160.2M184.0M175.6M93.9M
Cash And Short Term Investments480.5M650.0M529.9M667.6M625.9M610.5M
Net Receivables1.4B1.5B1.6B1.7B1.7B995.7M
Common Stock Shares Outstanding70.8M67.1M63.1M59.8M57.0M69.6M
Liabilities And Stockholders Equity3.8B4.2B4.9B4.9B4.7B3.7B
Non Current Liabilities Total620.2M565.1M544.6M522.0M520.7M877.9M
Inventory861.3M1.0B1.7B1.5B1.3B823.4M
Other Current Assets37.7M69.5M62.0M58.2M79.3M95.7M
Other Stockholder Equity5.3B5.3B5.0B5.0B2.4B4.2B
Total Liab2.1B2.3B3.0B2.6B2.4B2.2B
Property Plant And Equipment Gross559.2M2.2B2.3B2.5B2.9B3.0B
Total Current Assets2.8B3.3B3.9B3.9B3.8B2.5B
Accumulated Other Comprehensive Income34.9M40.7M56.3M70.9M81.5M85.6M
Short Term Debt593.3M38.4M18.8M17.5M25.9M16.6M
Common Stock Total Equity697K650K643K574K516.6K490.8K
Common Stock650K643K574K568K511.2K485.6K
Other Liab232.9M233.9M253.5M215.3M247.6M152.5M
Other Assets353.9M341.4M392.1M358.8M412.6M294.5M
Long Term Debt329.2M311.6M329.2M312.3M281.1M267.0M
Property Plant Equipment630.6M611.8M533.0M575.2M517.7M513.6M
Treasury Stock(804.1M)(983.1M)(1.0B)(1.4B)(1.2B)(1.2B)
Net Tangible Assets1.6B1.6B1.9B1.9B2.1B1.6B
Long Term Debt Total347.0M329.2M311.6M329.2M296.3M370.0M
Capital Surpluse6.3B6.3B6.3B6.4B7.3B6.8B

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When determining whether Sanmina is a strong investment it is important to analyze Sanmina's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Electronic Equipment, Instruments & Components space 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 Sanmina. If investors know Sanmina 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 Sanmina 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
0.05
Earnings Share
3.91
Revenue Per Share
136.141
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0451
The market value of Sanmina is measured differently than its book value, which is the value of Sanmina that is recorded on the company's balance sheet. Investors also form their own opinion of Sanmina's value that differs from its market value or its book value, called intrinsic value, which is Sanmina'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 Sanmina's market value can be influenced by many factors that don't directly affect Sanmina'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 Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina'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.