SPI Common Stock vs Intangible Assets Analysis

SPI Stock  USD 0.52  0.02  4.00%   
SPI Energy financial indicator trend analysis is much more than just breaking down SPI Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPI Energy is a good investment. Please check the relationship between SPI Energy Common Stock and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPI Energy Co. 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.

Common Stock vs Intangible Assets

Common Stock vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPI Energy Common Stock account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SPI Energy's Common Stock and Intangible Assets is -0.33. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of SPI Energy Co, assuming nothing else is changed. The correlation between historical values of SPI Energy's Common Stock and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of SPI Energy Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock i.e., SPI Energy's Common Stock and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from SPI Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPI Energy 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 SPI Energy Co. 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.
As of now, SPI Energy's Issuance Of Capital Stock is increasing as compared to previous years. The SPI Energy's current Enterprise Value is estimated to increase to about 158.7 M, while Selling General Administrative is projected to decrease to under 23.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.1M7.2M8.9M5.4M
Depreciation And Amortization9.5M6.0M6.9M7.2M

SPI Energy fundamental ratios Correlations

0.860.680.430.890.720.69-0.080.260.880.93-0.160.850.620.860.64-0.070.890.750.720.430.690.310.80.840.82
0.860.220.810.840.30.27-0.010.390.990.68-0.240.980.820.870.85-0.350.920.920.630.140.460.390.650.710.97
0.680.22-0.310.480.930.91-0.18-0.090.260.810.080.220.020.370.00.380.390.150.480.660.660.030.540.550.2
0.430.81-0.310.56-0.29-0.320.030.340.770.2-0.160.830.650.640.69-0.460.650.860.41-0.210.140.350.190.410.85
0.890.840.480.560.540.52-0.230.10.870.87-0.120.880.470.850.660.030.750.790.860.250.670.190.730.720.82
0.720.30.93-0.290.541.0-0.29-0.110.360.840.030.280.120.410.20.370.420.160.490.610.64-0.090.730.50.24
0.690.270.91-0.320.521.0-0.28-0.120.330.820.030.250.110.40.20.370.390.120.450.580.62-0.120.760.490.2
-0.08-0.01-0.180.03-0.23-0.29-0.280.87-0.03-0.26-0.4-0.090.34-0.01-0.07-0.780.17-0.09-0.43-0.43-0.460.87-0.20.16-0.08
0.260.39-0.090.340.1-0.11-0.120.870.380.0-0.510.310.650.370.32-0.920.550.3-0.21-0.42-0.260.90.10.420.31
0.880.990.260.770.870.360.33-0.030.380.71-0.250.980.810.90.85-0.320.930.90.650.150.490.370.710.740.95
0.930.680.810.20.870.840.82-0.260.00.71-0.080.690.360.70.480.230.670.560.820.60.760.110.80.70.64
-0.16-0.240.08-0.16-0.120.030.03-0.4-0.51-0.25-0.08-0.15-0.5-0.09-0.170.5-0.23-0.02-0.1-0.020.12-0.4-0.11-0.12-0.11
0.850.980.220.830.880.280.25-0.090.310.980.69-0.150.720.880.81-0.270.890.950.690.130.50.340.620.70.99
0.620.820.020.650.470.120.110.340.650.810.36-0.50.720.680.73-0.650.830.630.210.040.140.540.490.60.71
0.860.870.370.640.850.410.4-0.010.370.90.7-0.090.880.680.67-0.260.90.880.60.120.580.310.670.880.82
0.640.850.00.690.660.20.2-0.070.320.850.48-0.170.810.730.67-0.330.720.710.41-0.010.260.230.710.450.8
-0.07-0.350.38-0.460.030.370.37-0.78-0.92-0.320.230.5-0.27-0.65-0.26-0.33-0.45-0.280.340.60.42-0.760.04-0.25-0.27
0.890.920.390.650.750.420.390.170.550.930.67-0.230.890.830.90.72-0.450.850.440.130.460.520.630.850.88
0.750.920.150.860.790.160.12-0.090.30.90.56-0.020.950.630.880.71-0.280.850.60.040.480.320.460.690.96
0.720.630.480.410.860.490.45-0.43-0.210.650.82-0.10.690.210.60.410.340.440.60.50.69-0.060.550.50.64
0.430.140.66-0.210.250.610.58-0.43-0.420.150.6-0.020.130.040.12-0.010.60.130.040.50.6-0.290.360.220.14
0.690.460.660.140.670.640.62-0.46-0.260.490.760.120.50.140.580.260.420.460.480.690.6-0.180.550.710.47
0.310.390.030.350.19-0.09-0.120.870.90.370.11-0.40.340.540.310.23-0.760.520.32-0.06-0.29-0.180.030.430.36
0.80.650.540.190.730.730.76-0.20.10.710.8-0.110.620.490.670.710.040.630.460.550.360.550.030.580.55
0.840.710.550.410.720.50.490.160.420.740.7-0.120.70.60.880.45-0.250.850.690.50.220.710.430.580.65
0.820.970.20.850.820.240.2-0.080.310.950.64-0.110.990.710.820.8-0.270.880.960.640.140.470.360.550.65
Click cells to compare fundamentals

SPI Energy Account Relationship Matchups

SPI Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets178.9M217.0M228.1M231.1M265.8M226.6M
Total Current Liabilities170.0M151.6M173.8M189.7M218.2M169.8M
Total Stockholder Equity(8.2M)45.3M22.4M12.2M11.0M10.4M
Net Debt64.0M27.7M74.6M71.7M82.4M60.5M
Accounts Payable19.7M15.0M25.6M30.4M35.0M35.6M
Cash2.8M38.9M9.8M3.5M4.1M3.9M
Cash And Short Term Investments2.8M38.9M9.8M3.5M4.1M3.9M
Common Stock Shares Outstanding12.7M15.9M24.2M26.5M30.5M32.0M
Liabilities And Stockholders Equity178.9M217.0M228.1M231.1M265.8M226.6M
Other Stockholder Equity612.7M670.1M695.1M719.7M827.7M869.0M
Total Liab184.3M168.6M202.1M213.2M245.2M191.9M
Total Current Assets56.5M79.3M84.1M82.0M94.2M118.4M
Short Long Term Debt Total66.7M66.5M84.4M75.2M86.5M88.4M
Other Current Liab73.5M81.0M84.2M95.8M110.2M62.3M
Property Plant And Equipment Net33.8M39.4M49.7M55.7M64.1M50.3M
Current Deferred Revenue17.6M1.4M4.9M9.1M10.5M9.8M
Retained Earnings(585.4M)(591.9M)(637.4M)(670.8M)(603.7M)(573.5M)
Non Current Assets Total122.4M137.7M144.0M149.1M171.5M114.6M
Non Currrent Assets Other16.8M20.0M16.2M15.9M18.2M28.5M
Net Receivables19.1M19.3M26.3M25.7M29.6M54.8M
Inventory13.8M17.3M23.2M29.0M33.3M35.0M
Other Current Assets17.8M3.8M24.8M10.6M12.2M20.3M
Property Plant And Equipment Gross33.8M39.4M63.3M67.2M77.3M45.1M
Accumulated Other Comprehensive Income(35.5M)(32.9M)(35.3M)(36.7M)(33.0M)(31.4M)
Short Term Debt59.2M54.2M59.1M54.3M62.5M70.0M
Other Assets16.8M20.1M16.4M16.3M18.8M22.5M
Long Term Debt6.0M6.4M12.8M6.6M7.6M14.0M
Non Current Liabilities Total14.3M17.1M28.3M23.5M27.1M24.9M
Intangible Assets1.5M4.1M3.4M2.6M3.0M2.1M
Property Plant Equipment33.8M39.4M49.7M55.7M64.1M47.7M
Other Liab5.0M4.5M3.0M2.7M2.4M4.5M
Net Tangible Assets(10.3M)36.7M14.1M4.7M4.2M4.0M
Short Long Term Debt58.8M53.6M57.7M52.7M47.5M63.8M

Currently Active Assets on Macroaxis

When determining whether SPI Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPI Energy'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 Spi Energy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spi Energy Co Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPI Energy Co. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for SPI Stock analysis

When running SPI Energy's price analysis, check to measure SPI Energy'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 SPI Energy is operating at the current time. Most of SPI Energy's value examination focuses on studying past and present price action to predict the probability of SPI Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPI Energy's price. Additionally, you may evaluate how the addition of SPI Energy to your portfolios can decrease your overall portfolio volatility.
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Is SPI Energy'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 SPI Energy. If investors know SPI 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 SPI Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.96)
Revenue Per Share
7.228
Quarterly Revenue Growth
0.307
Return On Assets
(0.04)
Return On Equity
(1.25)
The market value of SPI Energy is measured differently than its book value, which is the value of SPI that is recorded on the company's balance sheet. Investors also form their own opinion of SPI Energy's value that differs from its market value or its book value, called intrinsic value, which is SPI Energy'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 SPI Energy's market value can be influenced by many factors that don't directly affect SPI Energy'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 SPI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPI Energy'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.