Sanmina Other Current Liab vs Retained Earnings Analysis

SANM Stock  USD 79.41  0.74  0.94%   
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 Other Current Liab and its Retained Earnings 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.

Other Current Liab vs Retained Earnings

Other Current Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanmina Other Current Liab account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sanmina's Other Current Liab and Retained Earnings is -0.57. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Sanmina, assuming nothing else is changed. The correlation between historical values of Sanmina's Other Current Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Sanmina are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Liab i.e., Sanmina's Other Current Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Liab

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.As of the 30th of November 2024, Selling General Administrative is likely to drop to about 245 M. In addition to that, Tax Provision is likely to drop to about 56.8 M
 2021 2022 2023 2024 (projected)
Gross Profit640.5M743.2M640.4M453.2M
Total Revenue7.9B8.9B7.6B6.2B

Sanmina fundamental ratios Correlations

0.230.790.920.950.89-0.43-0.460.950.910.790.330.90.940.510.380.930.320.550.960.630.980.040.290.33-0.82
0.230.30.2-0.010.530.6-0.790.110.20.480.430.220.020.780.70.150.60.660.42-0.120.130.29-0.20.4-0.65
0.790.30.680.740.82-0.26-0.570.680.780.730.310.760.740.60.420.620.230.730.760.320.740.130.240.42-0.77
0.920.20.680.80.8-0.3-0.410.970.750.670.260.730.840.410.110.960.180.520.940.50.920.360.230.34-0.71
0.95-0.010.740.80.78-0.6-0.260.860.90.720.220.880.920.340.250.850.250.360.810.680.94-0.110.380.18-0.68
0.890.530.820.80.78-0.05-0.770.780.760.920.360.740.750.80.520.760.450.790.90.280.810.20.230.46-0.97
-0.430.6-0.26-0.3-0.6-0.05-0.47-0.4-0.57-0.110.1-0.59-0.530.340.11-0.340.10.29-0.23-0.79-0.490.47-0.280.18-0.02
-0.46-0.79-0.57-0.41-0.26-0.77-0.47-0.38-0.37-0.65-0.55-0.35-0.31-0.97-0.61-0.34-0.56-0.93-0.590.21-0.36-0.310.07-0.550.86
0.950.110.680.970.860.78-0.4-0.380.810.660.290.780.910.390.180.970.170.50.940.580.960.170.240.34-0.7
0.910.20.780.750.90.76-0.57-0.370.810.660.471.00.890.450.470.770.430.450.840.770.92-0.160.170.31-0.74
0.790.480.730.670.720.92-0.11-0.650.660.660.10.660.590.750.510.640.420.720.780.280.670.140.430.31-0.89
0.330.430.310.260.220.360.1-0.550.290.470.10.450.320.50.460.30.550.420.390.190.37-0.08-0.360.54-0.48
0.90.220.760.730.880.74-0.59-0.350.781.00.660.450.860.440.50.740.450.430.830.80.9-0.190.160.29-0.73
0.940.020.740.840.920.75-0.53-0.310.910.890.590.320.860.330.30.840.140.40.860.630.97-0.090.210.34-0.66
0.510.780.60.410.340.80.34-0.970.390.450.750.50.440.330.690.350.670.920.61-0.090.40.190.00.46-0.9
0.380.70.420.110.250.520.11-0.610.180.470.510.460.50.30.690.150.590.570.450.240.31-0.41-0.060.36-0.64
0.930.150.620.960.850.76-0.34-0.340.970.770.640.30.740.840.350.150.220.430.910.60.940.210.240.26-0.67
0.320.60.230.180.250.450.1-0.560.170.430.420.550.450.140.670.590.220.450.360.230.27-0.09-0.07-0.1-0.59
0.550.660.730.520.360.790.29-0.930.50.450.720.420.430.40.920.570.430.450.67-0.110.450.320.070.51-0.85
0.960.420.760.940.810.9-0.23-0.590.940.840.780.390.830.860.610.450.910.360.670.530.930.180.180.43-0.87
0.63-0.120.320.50.680.28-0.790.210.580.770.280.190.80.63-0.090.240.60.23-0.110.530.69-0.410.16-0.04-0.25
0.980.130.740.920.940.81-0.49-0.360.960.920.670.370.90.970.40.310.940.270.450.930.690.010.230.31-0.73
0.040.290.130.36-0.110.20.47-0.310.17-0.160.14-0.08-0.19-0.090.19-0.410.21-0.090.320.18-0.410.01-0.020.14-0.17
0.29-0.20.240.230.380.23-0.280.070.240.170.43-0.360.160.210.0-0.060.24-0.070.070.180.160.23-0.02-0.25-0.15
0.330.40.420.340.180.460.18-0.550.340.310.310.540.290.340.460.360.26-0.10.510.43-0.040.310.14-0.25-0.48
-0.82-0.65-0.77-0.71-0.68-0.97-0.020.86-0.7-0.74-0.89-0.48-0.73-0.66-0.9-0.64-0.67-0.59-0.85-0.87-0.25-0.73-0.17-0.15-0.48
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)(2.7B)(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 Equity5.3B5.3B5.0B5.0B2.3B4.2B
Total Liab2.1B2.3B3.0B2.6B2.4B2.2B
Property Plant And Equipment Gross559.2M2.2B2.3B2.5B2.6B2.7B
Total Current Assets2.8B3.3B3.9B3.9B3.8B2.5B
Accumulated Other Comprehensive Income34.9M40.7M56.3M70.9M66.7M36.4M
Common Stock Total Equity697K650K643K574K516.6K490.8K
Common Stock650K643K574K568K539K512.1K
Other Liab232.9M233.9M253.5M215.3M247.6M152.5M
Other Assets353.9M341.4M392.1M358.8M412.6M294.5M
Long Term Debt329.2M311.6M329.2M312.3M299.8M284.8M
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.