SPGI Long Term Investments vs Retained Earnings Analysis
SPGI Stock | USD 437.60 1.90 0.44% |
SP Global financial indicator trend analysis is much more than just breaking down SP Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SP Global is a good investment. Please check the relationship between SP Global Long Term Investments and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.
Long Term Investments vs Retained Earnings
Long Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SP Global Long Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between SP Global's Long Term Investments and Retained Earnings is 0.76. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of SP Global, assuming nothing else is changed. The correlation between historical values of SP Global's Long Term Investments and Retained Earnings 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 Investments of SP Global are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Investments i.e., SP Global's Long Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of SP Global balance sheet that represents investments SP Global intends to hold for over a year. SP Global long term investments may include different instruments such as stocks, bonds, real estate and cash.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.Most indicators from SP Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SP Global 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 Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.As of now, SP Global's Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 119M | 304M | 334M | 350.7M | Depreciation And Amortization | 229M | 1.0B | 1.1B | 1.2B |
SP Global fundamental ratios Correlations
Click cells to compare fundamentals
SP Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SP Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.3B | 12.5B | 15.0B | 61.8B | 60.6B | 63.6B | |
Short Long Term Debt Total | 4.6B | 4.7B | 4.6B | 11.5B | 12B | 12.6B | |
Other Current Liab | 863M | 1.1B | 1.3B | 2.2B | 2.1B | 1.1B | |
Total Current Liabilities | 3.1B | 3.6B | 3.8B | 6.0B | 6.1B | 6.4B | |
Total Stockholder Equity | 536M | 571M | 2.1B | 36.5B | 34.2B | 35.9B | |
Property Plant And Equipment Net | 996M | 778M | 667M | 720M | 637M | 463.7M | |
Net Debt | 1.7B | 532M | (1.9B) | 10.2B | 10.7B | 11.2B | |
Retained Earnings | 12.2B | 13.4B | 15.0B | 17.8B | 18.7B | 19.7B | |
Cash | 2.9B | 4.1B | 6.5B | 1.3B | 1.3B | 1.0B | |
Non Current Assets Total | 6.6B | 6.5B | 6.2B | 56.1B | 55.4B | 58.2B | |
Non Currrent Assets Other | 641M | 684M | 758M | 794M | 536M | 622.5M | |
Cash And Short Term Investments | 2.9B | 4.1B | 6.5B | 1.3B | 1.3B | 1.0B | |
Net Receivables | 1.6B | 1.6B | 1.7B | 2.5B | 2.8B | 3.0B | |
Common Stock Shares Outstanding | 246.9M | 242.1M | 241.8M | 318.5M | 318.9M | 275.8M | |
Liabilities And Stockholders Equity | 11.3B | 12.5B | 15.0B | 61.8B | 60.6B | 63.6B | |
Non Current Liabilities Total | 5.5B | 5.6B | 5.7B | 16.0B | 16.4B | 17.2B | |
Inventory | (1.6B) | (1.6B) | (1.7B) | (1.2B) | 1M | 1.1M | |
Other Current Assets | 1.8B | 1.9B | 2.3B | 3.1B | 1B | 772.5M | |
Other Stockholder Equity | (11.3B) | (12.5B) | (12.4B) | 19.2B | 15.8B | 16.6B | |
Total Liab | 8.5B | 9.2B | 9.5B | 22.0B | 22.5B | 23.6B | |
Total Current Assets | 4.7B | 6.0B | 8.8B | 5.7B | 5.1B | 2.8B | |
Short Term Debt | 112M | 100M | 96M | 226M | 47M | 44.7M | |
Intangible Assets | 1.4B | 1.4B | 1.3B | 18.3B | 17.4B | 18.3B | |
Accounts Payable | 190M | 233M | 205M | 450M | 557M | 294.2M | |
Property Plant And Equipment Gross | 996M | 871M | 861M | 297M | 1.4B | 1.5B | |
Accumulated Other Comprehensive Income | (624M) | (637M) | (841M) | (886M) | (763M) | (724.9M) | |
Other Liab | 883M | 944M | 1.1B | 4.7B | 5.4B | 5.7B | |
Other Assets | 558M | 591M | 758M | 580M | 522M | 503.2M | |
Long Term Debt | 3.9B | 4.1B | 4.1B | 10.7B | 11.4B | 12.0B | |
Treasury Stock | (11.0B) | (12.3B) | (13.5B) | (13.5B) | (12.1B) | (11.5B) | |
Property Plant Equipment | 320M | 284M | 241M | 297M | 267.3M | 324.5M | |
Current Deferred Revenue | 1.9B | 2.2B | 2.2B | 3.1B | 3.5B | 3.6B | |
Good Will | 3.6B | 3.7B | 3.5B | 34.5B | 34.9B | 36.6B | |
Net Tangible Assets | (2.3B) | (1.8B) | 670M | (13.2B) | (11.9B) | (11.3B) | |
Retained Earnings Total Equity | 12.2B | 13.4B | 15.0B | 17.8B | 20.5B | 10.9B | |
Short Term Investments | 28M | 9M | 11M | 14M | 26M | 27.3M |
Currently Active Assets on Macroaxis
When determining whether SP Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Global'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 Sp Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Global Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.Note that the SP Global information on this page should be used as a complementary analysis to other SP Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running SP Global's price analysis, check to measure SP Global'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 SP Global is operating at the current time. Most of SP Global's value examination focuses on studying past and present price action to predict the probability of SP Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Global's price. Additionally, you may evaluate how the addition of SP Global to your portfolios can decrease your overall portfolio volatility.
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Is SP Global'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 SP Global. If investors know SPGI 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 Global 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 0.279 | Dividend Share 3.61 | Earnings Share 8.9 | Revenue Per Share 40.534 | Quarterly Revenue Growth 0.105 |
The market value of SP Global is measured differently than its book value, which is the value of SPGI that is recorded on the company's balance sheet. Investors also form their own opinion of SP Global's value that differs from its market value or its book value, called intrinsic value, which is SP Global'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 SP Global's market value can be influenced by many factors that don't directly affect SP Global'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 SP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Global'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.