SP Plus Intangible Assets vs Net Receivables Analysis

SP Stock

USD 53.46 2.09 4.07%

SP Plus financial indicator trend analysis is much more than just breaking down SP Plus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SP Plus Corp is a good investment. Please check the relationship between SP Plus Intangible Assets and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Plus 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 american community survey.

Intangible Assets vs Net Receivables

Intangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SP Plus Corp Intangible Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between SP Plus' Intangible Assets and Net Receivables is 0.45. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of SP Plus Corp, assuming nothing else is changed. The correlation between historical values of SP Plus' Intangible Assets 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 Intangible Assets of SP Plus 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 Intangible Assets i.e., SP Plus' Intangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Receivables

Most indicators from SP Plus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SP Plus 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SP Plus 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 american community survey.

At this time, SP Plus' Tax Provision is relatively stable compared to the past year. As of 05/11/2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Enterprise Value Multiple is likely to drop 6.28.

	2021	2022	2023	2024 (projected)
Gross Profit	179.8M	221.7M	218.5M	127.6M
Total Revenue	1.2B	1.6B	1.8B	1.0B

Gross Profit Total Revenue

SP Plus 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	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab
Total Assets		0.88	0.66	0.97	0.74	0.68	-0.33	0.78	0.64	0.83	0.22	1.0	0.0	0.22	0.91	0.96	0.33	0.93	0.75	0.49	0.96	0.59	0.92	0.74	0.62	0.24
Short Long Term Debt Total	0.88		0.53	0.86	0.42	0.88	-0.32	0.94	0.56	0.54	-0.07	0.9	-0.09	-0.07	0.7	0.74	0.16	0.98	0.64	0.06	0.96	0.79	0.66	0.91	0.78	-0.19
Other Current Liab	0.66	0.53		0.62	0.66	0.38	-0.79	0.45	0.62	0.57	0.01	0.66	-0.02	0.01	0.73	0.73	0.39	0.51	0.31	0.37	0.56	0.33	0.64	0.43	0.51	0.06
Total Current Liabilities	0.97	0.86	0.62		0.65	0.66	-0.25	0.76	0.54	0.89	0.07	0.96	-0.02	0.07	0.9	0.93	0.23	0.91	0.78	0.44	0.96	0.58	0.91	0.74	0.59	0.26
Total Stockholder Equity	0.74	0.42	0.66	0.65		0.36	-0.4	0.43	0.79	0.73	0.47	0.72	-0.09	0.47	0.78	0.82	0.54	0.5	0.47	0.74	0.56	0.35	0.82	0.38	0.41	0.46
Property Plant And Equipment Net	0.68	0.88	0.38	0.66	0.36		-0.3	0.95	0.66	0.31	-0.25	0.71	-0.35	-0.25	0.51	0.48	0.13	0.81	0.4	-0.15	0.78	0.96	0.42	0.97	0.79	-0.36
Current Deferred Revenue	-0.33	-0.32	-0.79	-0.25	-0.4	-0.3		-0.33	-0.52	-0.13	0.05	-0.34	0.11	0.05	-0.37	-0.39	-0.62	-0.27	-0.01	-0.13	-0.27	-0.29	-0.26	-0.32	-0.41	0.17
Net Debt	0.78	0.94	0.45	0.76	0.43	0.95	-0.33		0.64	0.45	-0.15	0.8	-0.32	-0.15	0.61	0.63	0.2	0.91	0.56	-0.02	0.88	0.92	0.56	0.96	0.89	-0.24
Retained Earnings	0.64	0.56	0.62	0.54	0.79	0.66	-0.52	0.64		0.44	0.27	0.64	-0.42	0.27	0.72	0.61	0.4	0.54	0.16	0.18	0.55	0.69	0.63	0.59	0.73	-0.12
Accounts Payable	0.83	0.54	0.57	0.89	0.73	0.31	-0.13	0.45	0.44		0.24	0.8	-0.04	0.24	0.9	0.89	0.21	0.65	0.67	0.66	0.75	0.28	0.94	0.4	0.35	0.6
Cash	0.22	-0.07	0.01	0.07	0.47	-0.25	0.05	-0.15	0.27	0.24		0.18	0.16	1.0	0.25	0.32	0.22	0.05	0.14	0.51	0.06	-0.26	0.4	-0.28	-0.06	0.38
Non Current Assets Total	1.0	0.9	0.66	0.96	0.72	0.71	-0.34	0.8	0.64	0.8	0.18		0.01	0.18	0.88	0.94	0.33	0.94	0.75	0.46	0.97	0.62	0.9	0.77	0.63	0.2
Non Currrent Assets Other	0.0	-0.09	-0.02	-0.02	-0.09	-0.35	0.11	-0.32	-0.42	-0.04	0.16	0.01		0.16	-0.15	0.04	0.1	-0.07	0.31	0.35	-0.06	-0.59	-0.03	-0.25	-0.49	0.2
Cash And Short Term Investments	0.22	-0.07	0.01	0.07	0.47	-0.25	0.05	-0.15	0.27	0.24	1.0	0.18	0.16		0.25	0.32	0.22	0.05	0.14	0.51	0.06	-0.26	0.4	-0.28	-0.06	0.38
Net Receivables	0.91	0.7	0.73	0.9	0.78	0.51	-0.37	0.61	0.72	0.9	0.25	0.88	-0.15	0.25		0.93	0.33	0.76	0.53	0.47	0.82	0.49	0.96	0.55	0.59	0.29
Good Will	0.96	0.74	0.73	0.93	0.82	0.48	-0.39	0.63	0.61	0.89	0.32	0.94	0.04	0.32	0.93		0.43	0.82	0.71	0.65	0.87	0.41	0.96	0.56	0.54	0.4
Common Stock Shares Outstanding	0.33	0.16	0.39	0.23	0.54	0.13	-0.62	0.2	0.4	0.21	0.22	0.33	0.1	0.22	0.33	0.43		0.22	0.15	0.5	0.22	0.1	0.33	0.17	0.15	0.29
Non Current Liabilities Total	0.93	0.98	0.51	0.91	0.5	0.81	-0.27	0.91	0.54	0.65	0.05	0.94	-0.07	0.05	0.76	0.82	0.22		0.72	0.21	0.99	0.72	0.76	0.86	0.73	0.0
Other Current Assets	0.75	0.64	0.31	0.78	0.47	0.4	-0.01	0.56	0.16	0.67	0.14	0.75	0.31	0.14	0.53	0.71	0.15	0.72		0.57	0.75	0.28	0.66	0.57	0.32	0.38
Other Stockholder Equity	0.49	0.06	0.37	0.44	0.74	-0.15	-0.13	-0.02	0.18	0.66	0.51	0.46	0.35	0.51	0.47	0.65	0.5	0.21	0.57		0.3	-0.21	0.63	-0.04	-0.16	0.86
Total Liab	0.96	0.96	0.56	0.96	0.56	0.78	-0.27	0.88	0.55	0.75	0.06	0.97	-0.06	0.06	0.82	0.87	0.22	0.99	0.75	0.3		0.69	0.83	0.83	0.7	0.09
Property Plant And Equipment Gross	0.59	0.79	0.33	0.58	0.35	0.96	-0.29	0.92	0.69	0.28	-0.26	0.62	-0.59	-0.26	0.49	0.41	0.1	0.72	0.28	-0.21	0.69		0.38	0.91	0.83	-0.35
Total Current Assets	0.92	0.66	0.64	0.91	0.82	0.42	-0.26	0.56	0.63	0.94	0.4	0.9	-0.03	0.4	0.96	0.96	0.33	0.76	0.66	0.63	0.83	0.38		0.48	0.49	0.46
Short Term Debt	0.74	0.91	0.43	0.74	0.38	0.97	-0.32	0.96	0.59	0.4	-0.28	0.77	-0.25	-0.28	0.55	0.56	0.17	0.86	0.57	-0.04	0.83	0.91	0.48		0.79	-0.28
Common Stock	0.62	0.78	0.51	0.59	0.41	0.79	-0.41	0.89	0.73	0.35	-0.06	0.63	-0.49	-0.06	0.59	0.54	0.15	0.73	0.32	-0.16	0.7	0.83	0.49	0.79		-0.39
Other Liab	0.24	-0.19	0.06	0.26	0.46	-0.36	0.17	-0.24	-0.12	0.6	0.38	0.2	0.2	0.38	0.29	0.4	0.29	0.0	0.38	0.86	0.09	-0.35	0.46	-0.28	-0.39

Click cells to compare fundamentals

SP Plus Account Relationship Matchups

SP Plus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.1B	1.1B	1.1B	1.2B	635.0M
Short Long Term Debt Total	811.9M	687.6M	589.7M	562.9M	566.3M	287.3M
Other Current Liab	102M	100.2M	107.6M	120.2M	110.6M	57.3M
Total Current Liabilities	369.8M	317.6M	332.8M	343.6M	337.4M	182.7M
Total Stockholder Equity	374.1M	183.1M	222.5M	226M	250.8M	263.3M
Property Plant And Equipment Net	479.6M	288.4M	201.2M	227.1M	247.7M	260.1M
Current Deferred Revenue	19.4M	12.5M	15.7M	17.4M	17.5M	25.0M
Net Debt	787.8M	673.7M	574M	550.5M	547.2M	574.6M
Retained Earnings	169.5M	(3.3M)	28.4M	73.6M	104.7M	109.9M
Accounts Payable	115.3M	97.8M	118.5M	133.4M	136.6M	78.3M
Cash	24.1M	13.9M	15.7M	12.4M	19.1M	16.2M
Non Current Assets Total	1.3B	985.8M	928.7M	924.6M	939.7M	512.3M
Non Currrent Assets Other	29.9M	33.8M	146.5M	29.1M	(559.4M)	(531.4M)
Cash And Short Term Investments	24.1M	13.9M	15.7M	12.4M	19.1M	16.2M
Net Receivables	162.3M	111.2M	139.6M	167.7M	180.5M	91.7M
Good Will	585.5M	586M	526.6M	543.2M	544.6M	321.2M
Common Stock Shares Outstanding	22.2M	21.1M	21.4M	21.0M	19.8M	22.1M
Liabilities And Stockholders Equity	1.5B	1.1B	1.1B	1.1B	1.2B	635.0M
Non Current Liabilities Total	735.9M	638.7M	561.3M	552.1M	563.8M	341.2M
Other Current Assets	24.7M	26.8M	32.2M	16.7M	12.6M	12.6M
Other Stockholder Equity	207.3M	190.8M	196.9M	154.2M	147.4M	152.9M
Total Liab	1.1B	956.3M	894.1M	895.7M	901.2M	523.8M
Property Plant And Equipment Gross	479.6M	288.4M	201.2M	227.1M	380.3M	399.3M
Total Current Assets	211.1M	151.9M	187.5M	196.8M	212.2M	122.7M
Accumulated Other Comprehensive Income	(2.7M)	(4.4M)	(2.8M)	(1.8M)	(1.3M)	(1.4M)
Short Term Debt	133.1M	107.1M	91M	72.6M	72.7M	76.3M
Other Liab	57.1M	58.2M	62.6M	61.8M	71.1M	63.2M
Other Assets	40.5M	397M	146.5M	73.5M	84.5M	53.4M
Long Term Debt	351.1M	337.1M	298.4M	331.8M	335.6M	220.1M
Intangible Assets	152.2M	63.1M	54.4M	68.9M	59.7M	70.6M
Property Plant Equipment	479.6M	53.3M	201.2M	60.2M	69.2M	62.2M
Noncontrolling Interest In Consolidated Entity	(200K)	(1.7M)	(400K)	(300K)	(270K)	(256.5K)
Retained Earnings Total Equity	169.5M	(3.3M)	28.4M	73.6M	84.6M	88.9M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SP Plus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SP Plus' short interest history, or implied volatility extrapolated from SP Plus options trading.

Currently Active Assets on Macroaxis

GOOG	Alphabet Inc Class C
BAC	Bank of America
CRM	Salesforce
MSFT	Microsoft
DD	Dupont De Nemours

When determining whether SP Plus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SP Plus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sp Plus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Sp Plus Corp Stock:

How To Invest In SP Plus

Details

Is SP Plus Stock a good investment?

Details

What is SP Plus' Net Worth?

Details

Largest Commercial & Professional Services Companies

View

Largest Industrials Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Plus 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 american community survey.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for SP Plus Stock analysis

When running SP Plus' price analysis, check to measure SP Plus' 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 SP Plus is operating at the current time. Most of SP Plus' value examination focuses on studying past and present price action to predict the probability of SP Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Plus' price. Additionally, you may evaluate how the addition of SP Plus to your portfolios can decrease your overall portfolio volatility.

	Transaction History View history of all your transactions and understand their impact on performance
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	CEOs Directory Screen CEOs from public companies around the world
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like

Is SP Plus' 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 SP Plus. If investors know SP Plus 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 SP Plus 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

(0.1)

Earnings Share

1.53

Revenue Per Share

45.135

Quarterly Revenue Growth

0.027

Return On Assets

0.0514

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

SP Plus Intangible Assets vs Net Receivables Analysis

Intangible Assets vs Net Receivables

Intangible Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Intangible Assets

Net Receivables

SP Plus fundamental ratios Correlations

SP Plus Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SP Plus fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for SP Plus Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Current Liabilities	+ 0.97	Total Assets
Short Term Debt	+ 0.97	Property Plant And Equipment Net

Current Deferred Revenue	- 0.79	Other Current Liab
Common Stock Shares Outstanding	- 0.62	Current Deferred Revenue
Property Plant And Equipment Gross	- 0.59	Non Currrent Assets Other
Retained Earnings	- 0.52	Current Deferred Revenue
Common Stock	- 0.49	Non Currrent Assets Other
Non Currrent Assets Other	- 0.42	Retained Earnings