SP Plus Retained Earnings vs Deferred Long Term Liab 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 Retained Earnings and its Deferred Long Term Liab 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.
Retained Earnings vs Deferred Long Term Liab
Retained Earnings vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SP Plus Corp Retained Earnings account and Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SP Plus' Retained Earnings and Deferred Long Term Liab is -0.23. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Deferred Long Term Liab 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' Retained Earnings and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of SP Plus Corp are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Retained Earnings i.e., SP Plus' Retained Earnings and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.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 05/10/2024, 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 |
SP Plus fundamental ratios Correlations
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SP Plus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Currently Active Assets on Macroaxis
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: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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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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.
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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.