SPI Common Stock Total Equity vs Common Stock Shares Outstanding Analysis
SPI Stock | USD 0.61 0.03 4.69% |
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 Total Equity and its Common Stock Shares Outstanding 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 Total Equity vs Common Stock Shares Outstanding
Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPI Energy Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SPI Energy's Common Stock Total Equity and Common Stock Shares Outstanding is -0.46. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding 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 Total Equity and Common Stock Shares Outstanding 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 Total Equity of SPI Energy Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., SPI Energy's Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 Expense | 5.1M | 7.2M | 8.9M | 5.4M | Depreciation And Amortization | 9.5M | 6.0M | 6.9M | 7.2M |
SPI Energy fundamental ratios Correlations
Click cells to compare fundamentals
SPI Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SPI Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 178.9M | 217.0M | 228.1M | 231.1M | 265.8M | 226.6M | |
Total Current Liabilities | 170.0M | 151.6M | 173.8M | 189.7M | 218.2M | 169.8M | |
Total Stockholder Equity | (8.2M) | 45.3M | 22.4M | 12.2M | 11.0M | 10.4M | |
Net Debt | 64.0M | 27.7M | 74.6M | 71.7M | 82.4M | 60.5M | |
Accounts Payable | 19.7M | 15.0M | 25.6M | 30.4M | 35.0M | 35.6M | |
Cash | 2.8M | 38.9M | 9.8M | 3.5M | 4.1M | 3.9M | |
Cash And Short Term Investments | 2.8M | 38.9M | 9.8M | 3.5M | 4.1M | 3.9M | |
Common Stock Shares Outstanding | 12.7M | 15.9M | 24.2M | 26.5M | 30.5M | 32.0M | |
Liabilities And Stockholders Equity | 178.9M | 217.0M | 228.1M | 231.1M | 265.8M | 226.6M | |
Other Stockholder Equity | 612.7M | 670.1M | 695.1M | 719.7M | 827.7M | 869.0M | |
Total Liab | 184.3M | 168.6M | 202.1M | 213.2M | 245.2M | 191.9M | |
Total Current Assets | 56.5M | 79.3M | 84.1M | 82.0M | 94.2M | 118.4M | |
Short Long Term Debt Total | 66.7M | 66.5M | 84.4M | 75.2M | 86.5M | 88.4M | |
Other Current Liab | 73.5M | 81.0M | 84.2M | 95.8M | 110.2M | 62.3M | |
Property Plant And Equipment Net | 33.8M | 39.4M | 49.7M | 55.7M | 64.1M | 50.3M | |
Current Deferred Revenue | 17.6M | 1.4M | 4.9M | 9.1M | 10.5M | 9.8M | |
Retained Earnings | (585.4M) | (591.9M) | (637.4M) | (670.8M) | (603.7M) | (573.5M) | |
Non Current Assets Total | 122.4M | 137.7M | 144.0M | 149.1M | 171.5M | 114.6M | |
Non Currrent Assets Other | 16.8M | 20.0M | 16.2M | 15.9M | 18.2M | 28.5M | |
Net Receivables | 19.1M | 19.3M | 26.3M | 25.7M | 29.6M | 54.8M | |
Inventory | 13.8M | 17.3M | 23.2M | 29.0M | 33.3M | 35.0M | |
Other Current Assets | 17.8M | 3.8M | 24.8M | 10.6M | 12.2M | 20.3M | |
Property Plant And Equipment Gross | 33.8M | 39.4M | 63.3M | 67.2M | 77.3M | 45.1M | |
Accumulated Other Comprehensive Income | (35.5M) | (32.9M) | (35.3M) | (36.7M) | (33.0M) | (31.4M) | |
Short Term Debt | 59.2M | 54.2M | 59.1M | 54.3M | 62.5M | 70.0M | |
Other Assets | 16.8M | 20.1M | 16.4M | 16.3M | 18.8M | 22.5M | |
Long Term Debt | 6.0M | 6.4M | 12.8M | 6.6M | 7.6M | 14.0M | |
Non Current Liabilities Total | 14.3M | 17.1M | 28.3M | 23.5M | 27.1M | 24.9M | |
Intangible Assets | 1.5M | 4.1M | 3.4M | 2.6M | 3.0M | 2.1M | |
Property Plant Equipment | 33.8M | 39.4M | 49.7M | 55.7M | 64.1M | 47.7M | |
Other Liab | 5.0M | 4.5M | 3.0M | 2.7M | 2.4M | 4.5M | |
Net Tangible Assets | (10.3M) | 36.7M | 14.1M | 4.7M | 4.2M | 4.0M | |
Short Long Term Debt | 58.8M | 53.6M | 57.7M | 52.7M | 47.5M | 63.8M |
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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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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.