Somero Net Debt vs Cash And Short Term Investments Analysis

SOM Stock

325.00 1.00 0.31%

Somero Enterprise financial indicator trend analysis is much more than just breaking down Somero Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Somero Enterprise is a good investment. Please check the relationship between Somero Enterprise Net Debt and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Somero Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Somero Enterprise Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Somero Enterprise's Net Debt and Cash And Short Term Investments is -0.93. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Somero Enterprise, assuming nothing else is changed. The correlation between historical values of Somero Enterprise's Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Somero Enterprise are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Somero Enterprise's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Somero Enterprise balance sheet. This account contains Somero Enterprise investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Somero Enterprise fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Somero Enterprise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Somero Enterprise 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 Somero Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Tax Provision is expected to grow to about 7.8 M, whereas Selling General Administrative is forecasted to decline to about 13 M.

	2022	2023	2024	2025 (projected)
Interest Expense	18K	19K	17.1K	16.2K
Depreciation And Amortization	1.5M	1.6M	1.4M	1.8M

Interest Expense Depreciation And Amortization

Somero Enterprise fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		-0.16	0.77	0.94	0.86	0.85	0.37	-0.77	0.88	0.56	0.86	0.66	0.3	0.86	0.63	0.16	0.09	-0.06	0.78	0.46	-0.95	0.65	0.83	0.86	0.02	-0.15
Short Long Term Debt Total	-0.16		-0.26	-0.17	-0.33	-0.28	-0.77	0.68	-0.33	-0.15	-0.43	0.6	-0.95	-0.43	-0.68	-0.95	-0.91	0.98	-0.35	0.13	0.22	0.57	-0.25	-0.44	-0.09	0.19
Other Current Liab	0.77	-0.26		0.84	0.66	0.63	0.4	-0.74	0.68	0.55	0.76	0.36	0.34	0.76	0.56	0.22	0.14	-0.22	0.55	0.24	-0.67	0.46	0.61	0.72	0.33	0.18
Total Current Liabilities	0.94	-0.17	0.84		0.78	0.78	0.4	-0.77	0.8	0.76	0.84	0.61	0.33	0.84	0.66	0.14	0.06	-0.06	0.7	0.26	-0.87	0.69	0.77	0.82	0.06	-0.1
Total Stockholder Equity	0.86	-0.33	0.66	0.78		0.99	0.54	-0.82	1.0	0.45	0.95	0.41	0.44	0.95	0.61	0.27	0.26	-0.27	0.96	0.65	-0.89	0.46	0.97	0.98	0.0	-0.23
Property Plant And Equipment Net	0.85	-0.28	0.63	0.78	0.99		0.48	-0.77	0.98	0.5	0.91	0.47	0.43	0.91	0.54	0.25	0.24	-0.22	0.97	0.69	-0.87	0.49	0.99	0.95	-0.09	-0.28
Current Deferred Revenue	0.37	-0.77	0.4	0.4	0.54	0.48		-0.71	0.54	0.3	0.6	-0.3	0.7	0.6	0.78	0.65	0.71	-0.76	0.54	0.02	-0.41	-0.21	0.45	0.62	0.05	-0.21
Net Debt	-0.77	0.68	-0.74	-0.77	-0.82	-0.77	-0.71		-0.84	-0.5	-0.93	-0.09	-0.74	-0.93	-0.81	-0.59	-0.51	0.58	-0.72	-0.19	0.79	-0.18	-0.72	-0.91	-0.14	0.17
Retained Earnings	0.88	-0.33	0.68	0.8	1.0	0.98	0.54	-0.84		0.45	0.96	0.42	0.44	0.96	0.65	0.26	0.24	-0.27	0.94	0.62	-0.91	0.47	0.95	0.99	0.03	-0.18
Accounts Payable	0.56	-0.15	0.55	0.76	0.45	0.5	0.3	-0.5	0.45		0.51	0.39	0.35	0.51	0.4	0.12	0.09	-0.04	0.46	-0.07	-0.47	0.54	0.53	0.5	-0.23	-0.31
Cash	0.86	-0.43	0.76	0.84	0.95	0.91	0.6	-0.93	0.96	0.51		0.32	0.54	1.0	0.68	0.35	0.31	-0.34	0.85	0.43	-0.88	0.42	0.88	0.98	0.1	-0.18
Non Current Assets Total	0.66	0.6	0.36	0.61	0.41	0.47	-0.3	-0.09	0.42	0.39	0.32		-0.43	0.32	-0.02	-0.56	-0.6	0.67	0.36	0.46	-0.59	0.92	0.48	0.33	-0.17	-0.09
Non Currrent Assets Other	0.3	-0.95	0.34	0.33	0.44	0.43	0.7	-0.74	0.44	0.35	0.54	-0.43		0.54	0.66	0.93	0.89	-0.89	0.48	-0.04	-0.34	-0.39	0.41	0.55	0.03	-0.25
Cash And Short Term Investments	0.86	-0.43	0.76	0.84	0.95	0.91	0.6	-0.93	0.96	0.51	1.0	0.32	0.54		0.68	0.35	0.31	-0.34	0.85	0.43	-0.88	0.42	0.88	0.98	0.1	-0.18
Net Receivables	0.63	-0.68	0.56	0.66	0.61	0.54	0.78	-0.81	0.65	0.4	0.68	-0.02	0.66	0.68		0.55	0.49	-0.59	0.55	-0.01	-0.68	0.06	0.5	0.71	0.18	0.05
Common Stock Total Equity	0.16	-0.95	0.22	0.14	0.27	0.25	0.65	-0.59	0.26	0.12	0.35	-0.56	0.93	0.35	0.55		0.97	-0.94	0.33	-0.07	-0.17	-0.59	0.23	0.37	0.01	-0.27
Common Stock Shares Outstanding	0.09	-0.91	0.14	0.06	0.26	0.24	0.71	-0.51	0.24	0.09	0.31	-0.6	0.89	0.31	0.49	0.97		-0.93	0.34	-0.03	-0.09	-0.61	0.24	0.33	-0.03	-0.33
Non Current Liabilities Total	-0.06	0.98	-0.22	-0.06	-0.27	-0.22	-0.76	0.58	-0.27	-0.04	-0.34	0.67	-0.89	-0.34	-0.59	-0.94	-0.93		-0.31	0.06	0.11	0.66	-0.2	-0.37	-0.11	0.14
Inventory	0.78	-0.35	0.55	0.7	0.96	0.97	0.54	-0.72	0.94	0.46	0.85	0.36	0.48	0.85	0.55	0.33	0.34	-0.31		0.71	-0.8	0.37	0.98	0.92	-0.06	-0.33
Other Current Assets	0.46	0.13	0.24	0.26	0.65	0.69	0.02	-0.19	0.62	-0.07	0.43	0.46	-0.04	0.43	-0.01	-0.07	-0.03	0.06	0.71		-0.48	0.32	0.71	0.51	-0.14	-0.15
Other Stockholder Equity	-0.95	0.22	-0.67	-0.87	-0.89	-0.87	-0.41	0.79	-0.91	-0.47	-0.88	-0.59	-0.34	-0.88	-0.68	-0.17	-0.09	0.11	-0.8	-0.48		-0.59	-0.83	-0.89	-0.01	0.12
Total Liab	0.65	0.57	0.46	0.69	0.46	0.49	-0.21	-0.18	0.47	0.54	0.42	0.92	-0.39	0.42	0.06	-0.59	-0.61	0.66	0.37	0.32	-0.59		0.5	0.41	-0.05	0.0
Property Plant And Equipment Gross	0.83	-0.25	0.61	0.77	0.97	0.99	0.45	-0.72	0.95	0.53	0.88	0.48	0.41	0.88	0.5	0.23	0.24	-0.2	0.98	0.71	-0.83	0.5		0.93	-0.12	-0.31
Total Current Assets	0.86	-0.44	0.72	0.82	0.98	0.95	0.62	-0.91	0.99	0.5	0.98	0.33	0.55	0.98	0.71	0.37	0.33	-0.37	0.92	0.51	-0.89	0.41	0.93		0.07	-0.18
Short Term Debt	0.02	-0.09	0.33	0.06	0.0	-0.09	0.05	-0.14	0.03	-0.23	0.1	-0.17	0.03	0.1	0.18	0.01	-0.03	-0.11	-0.06	-0.14	-0.01	-0.05	-0.12	0.07		0.63
Intangible Assets	-0.15	0.19	0.18	-0.1	-0.23	-0.28	-0.21	0.17	-0.18	-0.31	-0.18	-0.09	-0.25	-0.18	0.05	-0.27	-0.33	0.14	-0.33	-0.15	0.12	0.0	-0.31	-0.18	0.63

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Somero Enterprise Account Relationship Matchups

Somero Enterprise fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	78.8M	97.4M	99.0M	98.6M	113.3M	62.5M
Short Long Term Debt Total	1.7M	1.9M	1.4M	2.0M	1.8M	1.7M
Other Current Liab	6.7M	10.3M	8.5M	7.8M	8.9M	4.7M
Total Current Liabilities	12.3M	17.9M	18.7M	13.8M	15.9M	9.8M
Total Stockholder Equity	63.5M	75.7M	77.1M	83.2M	95.7M	100.5M
Property Plant And Equipment Net	18.3M	23.6M	27.0M	27.9M	32.1M	33.7M
Net Debt	(33.7M)	(40.2M)	(32.3M)	(31.4M)	(28.2M)	(26.8M)
Retained Earnings	49.8M	62.2M	64.3M	72.5M	83.4M	87.5M
Accounts Payable	4.4M	7.1M	9.7M	3.4M	3.9M	3.8M
Cash	35.4M	42.1M	33.7M	33.3M	38.3M	40.2M
Non Current Assets Total	24.2M	29.3M	33.4M	34.6M	31.2M	19.3M
Non Currrent Assets Other	303K	394K	649K	242K	278.3K	292.2K
Cash And Short Term Investments	35.4M	42.1M	33.7M	33.3M	38.3M	40.2M
Net Receivables	6.4M	10.1M	11.0M	8.8M	10.2M	7.0M
Common Stock Shares Outstanding	56.8M	57.0M	56.8M	56.4M	64.8M	58.1M
Liabilities And Stockholders Equity	78.8M	97.4M	99.0M	98.6M	113.3M	62.5M
Non Current Liabilities Total	3.0M	3.7M	3.2M	1.5M	1.3M	1.3M
Inventory	11.1M	14.3M	18.8M	19.4M	22.3M	23.4M
Other Current Assets	1.7M	1.6M	2.0M	11.2M	10.1M	10.6M
Other Stockholder Equity	13.7M	13.5M	12.8M	10.7M	9.6M	16.8M
Total Liab	15.3M	21.7M	21.9M	15.3M	17.6M	14.7M
Property Plant And Equipment Gross	18.3M	31.2M	35.8M	36.8M	42.3M	44.4M
Total Current Assets	54.6M	68.1M	65.6M	63.9M	73.5M	77.2M
Short Term Debt	366K	543K	479K	541K	622.2K	591.0K
Intangible Assets	1.5M	1.4M	1.3M	1.1M	1.0M	957.6K
Other Assets	1.7M	1.1M	1.0M	1.8M	1.6M	1.4M
Other Liab	1.6M	1.6M	2.4M	2.3M	2.7M	2.8M
Net Tangible Assets	54.0M	58.7M	71.0M	72.6M	83.5M	55.4M
Property Plant Equipment	15.5M	18.3M	23.6M	27.0M	31.1M	16.3M
Non Current Liabilities Other	1.6M	2.4M	2.3M	82K	94.3K	89.6K

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Balance Sheet is a snapshot of the financial position of Somero Enterprise at a specified time, usually calculated after every quarter, six months, or one year. Somero Enterprise Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Somero Enterprise and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Somero currently owns. An asset can also be divided into two categories, current and non-current.

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Somero Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

Somero Enterprise fundamental ratios Correlations

Somero Enterprise Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Somero Enterprise fundamental ratios Accounts

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Other Information on Investing in Somero Stock

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COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Retained Earnings
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total

Common Stock Total Equity	- 0.95	Short Long Term Debt Total
Non Currrent Assets Other	- 0.95	Short Long Term Debt Total
Other Stockholder Equity	- 0.95	Total Assets
Non Current Liabilities Total	- 0.94	Common Stock Total Equity
Non Current Liabilities Total	- 0.93	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.93	Net Debt