Sphere Long Term Debt vs Net Receivables Analysis

ANY Stock

USD 1.54 0.51 49.51%

Sphere 3D financial indicator trend analysis is much more than just breaking down Sphere 3D Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sphere 3D Corp is a good investment. Please check the relationship between Sphere 3D Long Term Debt and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sphere 3D Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sphere 3D Corp Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Sphere 3D's Long Term Debt and Net Receivables is 0.81. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Sphere 3D Corp, assuming nothing else is changed. The correlation between historical values of Sphere 3D's Long Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Sphere 3D Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Sphere 3D's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Sphere 3D Corp has held for over one year. Long-term debt appears on Sphere 3D Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sphere 3D Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Receivables

Most indicators from Sphere 3D's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sphere 3D Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Sphere 3D Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to rise to about 51.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 10.7 M in 2024.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	2.0M	3.4M	22.1M	14.4M
Research Development	971K	605K	1.0M	974.7K

Cost Of Revenue Research Development

Sphere 3D fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Retained Earnings Total Equity
Total Assets		0.44	0.38	0.92	-0.37	-0.15	0.83	0.83	0.16	0.43	0.09	0.45	0.44	0.98	0.53	0.3	0.78	0.39	0.99	0.02	0.38	0.37	0.51	0.44	0.49	-0.48
Other Current Liab	0.44		0.83	0.11	0.57	0.09	-0.08	-0.08	-0.13	0.26	0.15	0.76	0.87	0.37	0.84	-0.3	-0.19	0.91	0.45	-0.05	-0.18	0.78	0.94	0.91	0.44	-0.4
Total Current Liabilities	0.38	0.83		0.03	0.68	0.13	0.0	-0.01	-0.29	0.07	-0.03	0.95	0.91	0.39	0.8	-0.45	-0.18	0.91	0.36	-0.14	-0.31	0.61	0.9	0.7	0.39	-0.34
Total Stockholder Equity	0.92	0.11	0.03		-0.68	-0.14	0.94	0.95	0.2	0.37	0.0	0.15	0.06	0.92	0.2	0.44	0.91	0.04	0.91	-0.05	0.47	0.1	0.17	0.17	0.34	-0.34
Net Debt	-0.37	0.57	0.68	-0.68		0.14	-0.72	-0.73	-0.25	-0.25	0.09	0.54	0.62	-0.39	0.42	-0.55	-0.78	0.62	-0.37	-0.01	-0.47	0.35	0.55	0.4	0.05	-0.01
Retained Earnings	-0.15	0.09	0.13	-0.14	0.14		-0.02	-0.04	-0.9	-0.36	-0.83	0.32	0.01	-0.09	0.02	-0.8	-0.39	0.02	-0.2	-0.61	-0.85	0.25	0.23	0.32	-0.65	0.68
Cash	0.83	-0.08	0.0	0.94	-0.72	-0.02		1.0	0.04	0.27	-0.21	0.16	-0.04	0.88	0.09	0.31	0.89	-0.07	0.79	-0.16	0.33	-0.01	0.05	0.01	0.21	-0.21
Cash And Short Term Investments	0.83	-0.08	-0.01	0.95	-0.73	-0.04	1.0		0.06	0.27	-0.19	0.15	-0.05	0.88	0.09	0.33	0.9	-0.07	0.79	-0.16	0.35	-0.02	0.04	0.0	0.21	-0.21
Common Stock Shares Outstanding	0.16	-0.13	-0.29	0.2	-0.25	-0.9	0.04	0.06		0.1	0.92	-0.44	-0.15	0.09	-0.1	0.94	0.43	-0.19	0.22	0.55	0.95	-0.3	-0.3	-0.31	0.36	-0.39
Short Term Investments	0.43	0.26	0.07	0.37	-0.25	-0.36	0.27	0.27	0.1		0.11	0.05	0.27	0.35	0.36	0.12	0.33	0.34	0.44	0.29	0.18	0.43	0.22	0.26	0.78	-0.79
Other Current Assets	0.09	0.15	-0.03	0.0	0.09	-0.83	-0.21	-0.19	0.92	0.11		-0.21	0.15	0.01	0.18	0.75	0.16	0.11	0.16	0.58	0.8	-0.02	-0.02	-0.06	0.39	-0.41
Other Stockholder Equity	0.45	0.76	0.95	0.15	0.54	0.32	0.16	0.15	-0.44	0.05	-0.21		0.84	0.5	0.82	-0.53	-0.11	0.86	0.41	-0.33	-0.4	0.69	0.89	0.7	0.27	-0.21
Total Liab	0.44	0.87	0.91	0.06	0.62	0.01	-0.04	-0.05	-0.15	0.27	0.15	0.84		0.38	0.88	-0.31	-0.11	0.93	0.44	0.17	-0.17	0.73	0.94	0.74	0.47	-0.42
Total Current Assets	0.98	0.37	0.39	0.92	-0.39	-0.09	0.88	0.88	0.09	0.35	0.01	0.5	0.38		0.52	0.25	0.77	0.38	0.95	-0.13	0.33	0.35	0.47	0.38	0.43	-0.42
Other Liab	0.53	0.84	0.8	0.2	0.42	0.02	0.09	0.09	-0.1	0.36	0.18	0.82	0.88	0.52		-0.23	-0.04	0.92	0.52	-0.07	-0.1	0.89	0.88	0.8	0.46	-0.42
Net Tangible Assets	0.3	-0.3	-0.45	0.44	-0.55	-0.8	0.31	0.33	0.94	0.12	0.75	-0.53	-0.31	0.25	-0.23		0.67	-0.37	0.35	0.49	0.99	-0.4	-0.42	-0.41	0.26	-0.3
Property Plant And Equipment Net	0.78	-0.19	-0.18	0.91	-0.78	-0.39	0.89	0.9	0.43	0.33	0.16	-0.11	-0.11	0.77	-0.04	0.67		-0.21	0.77	0.2	0.68	-0.18	-0.11	-0.18	0.33	-0.34
Accounts Payable	0.39	0.91	0.91	0.04	0.62	0.02	-0.07	-0.07	-0.19	0.34	0.11	0.86	0.93	0.38	0.92	-0.37	-0.21		0.39	-0.09	-0.23	0.81	0.92	0.79	0.54	-0.51
Non Current Assets Total	0.99	0.45	0.36	0.91	-0.37	-0.2	0.79	0.79	0.22	0.44	0.16	0.41	0.44	0.95	0.52	0.35	0.77	0.39		0.08	0.43	0.36	0.5	0.44	0.5	-0.5
Non Currrent Assets Other	0.02	-0.05	-0.14	-0.05	-0.01	-0.61	-0.16	-0.16	0.55	0.29	0.58	-0.33	0.17	-0.13	-0.07	0.49	0.2	-0.09	0.08		0.5	-0.19	-0.06	-0.18	0.3	-0.32
Other Assets	0.38	-0.18	-0.31	0.47	-0.47	-0.85	0.33	0.35	0.95	0.18	0.8	-0.4	-0.17	0.33	-0.1	0.99	0.68	-0.23	0.43	0.5		-0.31	-0.29	-0.32	0.38	-0.41
Long Term Debt	0.37	0.78	0.61	0.1	0.35	0.25	-0.01	-0.02	-0.3	0.43	-0.02	0.69	0.73	0.35	0.89	-0.4	-0.18	0.81	0.36	-0.19	-0.31		0.81	0.78	0.3	-0.26
Net Receivables	0.51	0.94	0.9	0.17	0.55	0.23	0.05	0.04	-0.3	0.22	-0.02	0.89	0.94	0.47	0.88	-0.42	-0.11	0.92	0.5	-0.06	-0.29	0.81		0.87	0.35	-0.3
Good Will	0.44	0.91	0.7	0.17	0.4	0.32	0.01	0.0	-0.31	0.26	-0.06	0.7	0.74	0.38	0.8	-0.41	-0.18	0.79	0.44	-0.18	-0.32	0.78	0.87		0.26	-0.21
Common Stock Total Equity	0.49	0.44	0.39	0.34	0.05	-0.65	0.21	0.21	0.36	0.78	0.39	0.27	0.47	0.43	0.46	0.26	0.33	0.54	0.5	0.3	0.38	0.3	0.35	0.26		-0.97
Retained Earnings Total Equity	-0.48	-0.4	-0.34	-0.34	-0.01	0.68	-0.21	-0.21	-0.39	-0.79	-0.41	-0.21	-0.42	-0.42	-0.42	-0.3	-0.34	-0.51	-0.5	-0.32	-0.41	-0.26	-0.3	-0.21	-0.97

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Sphere 3D Account Relationship Matchups

Sphere 3D fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.4M	11.8M	275.9M	83.0M	49.9M	63.0M
Other Current Liab	973K	1.3M	297K	3.0M	3.0M	3.8M
Total Current Liabilities	6.6M	5.8M	5.2M	6.2M	5.3M	5.1M
Total Stockholder Equity	1.2M	5.0M	269.6M	34.6M	40.3M	37.2M
Net Debt	342K	2.0M	(54.4M)	(1.3M)	(586K)	(556.7K)
Retained Earnings	(191.6M)	(197.4M)	(215.2M)	(419.7M)	(447.4M)	(425.0M)
Cash	149K	461K	54.4M	1.3M	586K	556.7K
Cash And Short Term Investments	149K	461K	54.4M	1.3M	1.6M	1.5M
Common Stock Shares Outstanding	384.6K	840.7K	4.4M	9.5M	12.1M	12.7M
Liabilities And Stockholders Equity	8.4M	11.8M	275.9M	83.0M	49.9M	63.0M
Other Current Assets	345K	129K	52K	10.3M	11.9M	12.5M
Other Stockholder Equity	8.4M	11.8M	42.4M	(26.8M)	(12.7M)	(12.1M)
Total Liab	7.2M	6.8M	6.3M	48.5M	9.5M	9.1M
Total Current Assets	1.9M	2.1M	78.4M	10.3M	13.5M	16.8M
Other Liab	683K	520K	347K	1.1M	981K	1.4M
Net Tangible Assets	(10.3M)	(9.3M)	(10.8M)	164.3M	188.9M	198.3M
Property Plant And Equipment Net	2K	0.0	102.2M	34.3M	24.2M	16.1M
Accounts Payable	4.1M	2.0M	1.3M	3.0M	2.4M	3.9M
Non Current Assets Total	6.5M	9.7M	197.5M	72.7M	36.3M	61.7M
Non Currrent Assets Other	4K	3.7M	52K	18.6M	3.4M	2.9M
Other Assets	950K	677K	3.7M	114.5M	131.7M	138.3M
Net Receivables	1.1M	369K	264K	2.0M	4.0M	0.0
Non Current Liabilities Total	520K	1.0M	1.1M	42.3M	4.2M	4.0M
Inventory	753K	558K	22.0M	(5.3M)	(6.1M)	(5.8M)
Deferred Long Term Liab	683K	485K	56K	7K	6.3K	6.0K
Property Plant And Equipment Gross	2K	291K	102.2M	36.0M	30.1M	16.8M
Short Long Term Debt	44.8M	600K	491K	1.8M	1.6M	1.6M
Accumulated Other Comprehensive Income	(1.8M)	(1.8M)	(1.8M)	(1.8M)	(1.8M)	(1.9M)
Short Term Debt	600K	491K	1.8M	3.4M	3.1M	2.9M
Intangible Assets	2.3M	2.6M	63.0M	9.5M	4.6M	4.4M
Common Stock	186.2M	192.4M	444.3M	456.4M	475.7M	499.5M
Current Deferred Revenue	1.1M	657K	210K	160K	144K	136.8K
Short Long Term Debt Total	44.8M	600K	491K	2.5M	2.3M	2.1M

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When determining whether Sphere 3D Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sphere 3D'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 Sphere 3d Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sphere 3d Corp Stock:

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When running Sphere 3D's price analysis, check to measure Sphere 3D's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sphere 3D is operating at the current time. Most of Sphere 3D's value examination focuses on studying past and present price action to predict the probability of Sphere 3D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere 3D's price. Additionally, you may evaluate how the addition of Sphere 3D to your portfolios can decrease your overall portfolio volatility.

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Is Sphere 3D's industry 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 Sphere 3D. If investors know Sphere 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 Sphere 3D listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.86)

Revenue Per Share

1.885

Quarterly Revenue Growth

1.295

Return On Assets

(0.17)

Return On Equity

(0.48)

The market value of Sphere 3D Corp is measured differently than its book value, which is the value of Sphere that is recorded on the company's balance sheet. Investors also form their own opinion of Sphere 3D's value that differs from its market value or its book value, called intrinsic value, which is Sphere 3D'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 Sphere 3D's market value can be influenced by many factors that don't directly affect Sphere 3D'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 Sphere 3D's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sphere 3D is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sphere 3D'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.

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Sphere Long Term Debt vs Net Receivables Analysis

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Receivables

Sphere 3D fundamental ratios Correlations

Sphere 3D Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sphere 3D fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Other Assets	+ 0.99	Net Tangible Assets
Total Current Assets	+ 0.98	Total Assets
Other Stockholder Equity	+ 0.95	Total Current Liabilities
Cash And Short Term Investments	+ 0.95	Total Stockholder Equity

Retained Earnings Total Equity	- 0.97	Common Stock Total Equity
Common Stock Shares Outstanding	- 0.9	Retained Earnings
Other Assets	- 0.85	Retained Earnings
Other Current Assets	- 0.83	Retained Earnings
Net Tangible Assets	- 0.8	Retained Earnings
Retained Earnings Total Equity	- 0.79	Short Term Investments