| 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 Total Current Liabilities and its Inventory 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.
Total Current Liabilities vs Inventory
Total Current Liabilities vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SunOpta Total Current Liabilities account and
Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SunOpta's Total Current Liabilities and Inventory is 0.93. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Inventory in the same time period over historical financial statements of SunOpta, assuming nothing else is changed. The correlation between historical values of SunOpta's Total Current Liabilities and Inventory 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 SunOpta are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Liabilities i.e., SunOpta's Total Current Liabilities and Inventory go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on SunOpta balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SunOpta 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.
Inventory
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.
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
Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.