SPI Net Income vs Operating Income Analysis

SPI Stock  USD 0.58  0.01  0.86%   
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 Net Income and its Operating Income 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.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPI Energy Net Income account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between SPI Energy's Net Income and Operating Income is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income 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 Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of SPI Energy Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., SPI Energy's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in SPI Energy financial statement analysis. It represents the amount of money remaining after all of SPI Energy Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from SPI Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SPI Energy Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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
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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

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Additional Information and Resources on Investing in SPI Stock

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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Semiconductors & Semiconductor Equipment space 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.