Suburban Total Current Liabilities vs Total Liab Analysis
SPH Stock | USD 17.34 0.30 1.70% |
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 Current Liabilities and its Total Liab 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 closely tied with the direction of predictive economic indicators such as signals in american community survey.
Total Current Liabilities vs Total Liab
Total Current Liabilities vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suburban Propane Partners Total Current Liabilities account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Suburban Propane's Total Current Liabilities and Total Liab is 0.81. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Liab 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 Current Liabilities and Total Liab 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 Suburban Propane Partners are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Liabilities i.e., Suburban Propane's Total Current Liabilities and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Suburban Propane balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Suburban Propane Partners 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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-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 closely tied with the direction of predictive economic indicators such as signals in american community survey. As of now, Suburban Propane's Enterprise Value Over EBITDA is decreasing as compared to previous years. The Suburban Propane's current Enterprise Value Multiple is estimated to increase to 9.03, while Selling General Administrative is projected to decrease to under 51.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 789.3M | 361.0M | 328.1M | 444.3M | Total Revenue | 1.5B | 1.4B | 1.3B | 1.2B |
Suburban Propane fundamental ratios Correlations
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Suburban Propane Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Suburban Propane fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 62.7M | 63.3M | 64.0M | 64.4M | 64.8M | 45.2M | |
Total Assets | 2.0B | 2.1B | 2.1B | 2.3B | 2.3B | 1.6B | |
Other Current Liab | 55.2M | 74.5M | 111.7M | 234.2M | 67.3M | 59.6M | |
Total Current Liabilities | 244.5M | 287.1M | 306.6M | 307.8M | 306.1M | 211.1M | |
Total Stockholder Equity | (25.8M) | (17.6M) | (12.6M) | 546.4M | 547.1M | 574.4M | |
Property Plant And Equipment Net | 717.0M | 699.1M | 700.4M | 789.0M | 794.2M | 579.8M | |
Net Debt | 1.3B | 1.2B | 1.2B | 1.3B | 136.2M | 129.4M | |
Accounts Payable | 32.0M | 39.2M | 35.2M | 40.0M | 41.1M | 45.3M | |
Cash | 3.1M | 5.8M | 4.1M | 3.5M | 3.2M | 3.1M | |
Non Current Assets Total | 1.9B | 1.9B | 1.9B | 2.1B | 2.1B | 1.4B | |
Non Currrent Assets Other | 26.3M | 26.2M | 75.1M | 88.1M | 95.2M | 100.0M | |
Cash And Short Term Investments | 3.1M | 5.8M | 4.1M | 3.5M | 3.2M | 3.1M | |
Net Receivables | 55.4M | 71.4M | 78.5M | 67.7M | 66.4M | 70.8M | |
Good Will | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | 687.3M | |
Liabilities And Stockholders Equity | 1.7B | 1.6B | 1.6B | 2.3B | 2.3B | 1.3B | |
Non Current Liabilities Total | 1.4B | 1.3B | 1.3B | 1.4B | 1.4B | 952.6M | |
Inventory | 46.9M | 61.8M | 66.9M | 61.8M | 55.4M | 62.2M | |
Other Current Assets | 10.5M | 41.1M | 25.3M | 31.0M | 32.5M | 18.7M | |
Other Stockholder Equity | (388.2M) | (443.0M) | (510.1M) | 557.0M | 553.2M | 580.9M | |
Total Liab | 1.7B | 1.6B | 1.6B | 1.7B | 1.7B | 1.2B | |
Property Plant And Equipment Gross | 717.0M | 1.5B | 1.6B | 1.7B | 2.0B | 2.0B | |
Total Current Assets | 116.0M | 180.1M | 174.9M | 164.0M | 157.5M | 209.2M | |
Accumulated Other Comprehensive Income | (25.8M) | (17.6M) | (12.6M) | (10.7M) | (6.1M) | (5.8M) | |
Short Long Term Debt Total | 1.3B | 1.2B | 1.2B | 1.3B | 139.4M | 132.4M | |
Intangible Assets | 84.1M | 39.3M | 40.0M | 80.6M | 74.5M | 139.1M | |
Common Stock | 388.2M | 443.0M | 510.1M | 557.0M | 640.6M | 468.4M | |
Short Term Debt | 52.9M | 61.8M | 32.1M | 33.6M | 71.2M | 48.8M | |
Other Liab | 137.5M | 122.6M | 118.6M | 119.6M | 137.5M | 120.3M | |
Current Deferred Revenue | 104.4M | 111.7M | 127.6M | 127.3M | 126.6M | 93.3M | |
Other Assets | 26.3M | 26.2M | 75.1M | 88.2M | 79.3M | 83.3M | |
Long Term Debt | 1.2B | 1.1B | 1.1B | 1.2B | 1.4B | 921.5M | |
Property Plant Equipment | 597.5M | 699.1M | 700.4M | 789.0M | 907.3M | 609.0M | |
Net Tangible Assets | (825.5M) | (698.1M) | (574.9M) | (683.0M) | (614.7M) | (583.9M) | |
Long Term Debt Total | 1.2B | 1.2B | 1.1B | 1.1B | 1.2B | 1.2B | |
Deferred Long Term Liab | 3.2M | 2.2M | 1.3M | 903K | 1.0M | 986.5K | |
Non Current Liabilities Other | 230.2M | 221.1M | 222.2M | 70.0M | 80.5M | 154.1M | |
Cash And Equivalents | 2.4M | 3.1M | 5.8M | 4.1M | 3.7M | 6.9M | |
Net Invested Capital | 1.6B | 1.5B | 1.6B | 1.7B | 1.6B | 1.3B |
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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 closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Gas Utilities 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 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 | Earnings Share 1.14 | Revenue Per Share 20.956 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0527 |
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.