Sanmina Total Current Liabilities vs Net Receivables 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 Total Current Liabilities and its Net Receivables 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.
Total Current Liabilities vs Net Receivables
Total Current Liabilities vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanmina Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sanmina's Total Current Liabilities and Net Receivables is 0.84. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Sanmina, assuming nothing else is changed. The correlation between historical values of Sanmina's Total Current Liabilities and Net Receivables 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 Liabilities of Sanmina are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Sanmina's Total Current Liabilities and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Sanmina balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sanmina are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Receivables
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 Profit | 640.5M | 743.2M | 640.4M | 453.2M | Total Revenue | 7.9B | 8.9B | 7.6B | 6.2B |
Sanmina fundamental ratios Correlations
Click cells to compare fundamentals
Sanmina Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sanmina fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.2B | 4.9B | 4.9B | 4.7B | 3.7B | |
Short Long Term Debt Total | 348.0M | 330.3M | 346.7M | 338.3M | 317.3M | 622.4M | |
Other Current Liab | 293.8M | 279.5M | 208.0M | 394.6M | 196.7M | 236.5M | |
Total Current Liabilities | 1.5B | 1.8B | 2.5B | 2.0B | 1.8B | 1.3B | |
Total Stockholder Equity | 1.6B | 1.9B | 1.9B | 2.3B | 2.4B | 1.4B | |
Property Plant And Equipment Net | 559.2M | 533.0M | 575.2M | 632.8M | 616.1M | 531.5M | |
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 Payable | 1.2B | 1.5B | 2.0B | 1.6B | 1.5B | 997.3M | |
Cash | 480.5M | 650.0M | 529.9M | 667.6M | 625.9M | 550.5M | |
Non Current Assets Total | 953.2M | 925.1M | 934.0M | 994.4M | 952.4M | 1.1B | |
Non Currrent Assets Other | 120.5M | 157.0M | 160.2M | 184.0M | 175.6M | 93.9M | |
Cash And Short Term Investments | 480.5M | 650.0M | 529.9M | 667.6M | 625.9M | 610.5M | |
Net Receivables | 1.4B | 1.5B | 1.6B | 1.7B | 1.7B | 995.7M | |
Common Stock Shares Outstanding | 70.8M | 67.1M | 63.1M | 59.8M | 57.0M | 69.6M | |
Liabilities And Stockholders Equity | 3.8B | 4.2B | 4.9B | 4.9B | 4.7B | 3.7B | |
Non Current Liabilities Total | 620.2M | 565.1M | 544.6M | 522.0M | 520.7M | 877.9M | |
Inventory | 861.3M | 1.0B | 1.7B | 1.5B | 1.3B | 823.4M | |
Other Current Assets | 37.7M | 69.5M | 62.0M | 58.2M | 79.3M | 95.7M | |
Other Stockholder Equity | 5.3B | 5.3B | 5.0B | 5.0B | 2.4B | 4.2B | |
Total Liab | 2.1B | 2.3B | 3.0B | 2.6B | 2.4B | 2.2B | |
Property Plant And Equipment Gross | 559.2M | 2.2B | 2.3B | 2.5B | 2.9B | 3.0B | |
Total Current Assets | 2.8B | 3.3B | 3.9B | 3.9B | 3.8B | 2.5B | |
Accumulated Other Comprehensive Income | 34.9M | 40.7M | 56.3M | 70.9M | 81.5M | 85.6M | |
Short Term Debt | 593.3M | 38.4M | 18.8M | 17.5M | 25.9M | 16.6M | |
Common Stock Total Equity | 697K | 650K | 643K | 574K | 516.6K | 490.8K | |
Common Stock | 650K | 643K | 574K | 568K | 511.2K | 485.6K | |
Other Liab | 232.9M | 233.9M | 253.5M | 215.3M | 247.6M | 152.5M | |
Other Assets | 353.9M | 341.4M | 392.1M | 358.8M | 412.6M | 294.5M | |
Long Term Debt | 329.2M | 311.6M | 329.2M | 312.3M | 281.1M | 267.0M | |
Property Plant Equipment | 630.6M | 611.8M | 533.0M | 575.2M | 517.7M | 513.6M | |
Treasury Stock | (804.1M) | (983.1M) | (1.0B) | (1.4B) | (1.2B) | (1.2B) | |
Net Tangible Assets | 1.6B | 1.6B | 1.9B | 1.9B | 2.1B | 1.6B | |
Long Term Debt Total | 347.0M | 329.2M | 311.6M | 329.2M | 296.3M | 370.0M | |
Capital Surpluse | 6.3B | 6.3B | 6.3B | 6.4B | 7.3B | 6.8B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.