| SOY Stock | | | CAD 9.01 0.09 0.99% |
SunOpta financial indicator trend analysis is much more than just breaking down SunOpta prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SunOpta is a good investment. Please check the relationship between SunOpta Depreciation And Amortization and its Other Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SunOpta. 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 SunOpta Stock, please use our
How to Invest in SunOpta guide.
Depreciation And Amortization vs Other Operating Expenses
Depreciation And Amortization vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SunOpta Depreciation And Amortization account and
Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SunOpta's Depreciation And Amortization and Other Operating Expenses is 0.45. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of SunOpta, assuming nothing else is changed. The correlation between historical values of SunOpta's Depreciation And Amortization and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of SunOpta are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., SunOpta's Depreciation And Amortization and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.45 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SunOpta. It is also known as SunOpta overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from SunOpta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunOpta 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 SunOpta. 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 SunOpta Stock, please use our
How to Invest in SunOpta guide.At this time, SunOpta's
Tax Provision is very stable compared to the past year. As of the 1st of March 2025,
Enterprise Value Over EBITDA is likely to grow to 23.91, while
Selling General Administrative is likely to drop about 56.9
M.
| 2022 | 2023 | 2024 | 2025 (projected) |
Interest Expense | 14.7M | 25.3M | 26.3M | 27.6M | Depreciation And Amortization | 23.0M | 31.0M | 35.7M | 37.5M |
SunOpta fundamental ratios Correlations
Click cells to compare fundamentals
SunOpta Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SunOpta fundamental ratios Accounts
When determining whether SunOpta is a strong investment it is important to analyze SunOpta'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 SunOpta's
future performance.
For an informed investment choice regarding SunOpta 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 SunOpta. 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 SunOpta Stock, please use our
How to Invest in SunOpta guide.
You can also try the
Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Please note, there is a significant difference between SunOpta's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunOpta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunOpta'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.