Siriuspoint Total Stockholder Equity vs Total Assets Analysis

SPNT Stock

USD 13.45 0.39 2.99%

Siriuspoint financial indicator trend analysis is much more than just breaking down Siriuspoint prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Siriuspoint is a good investment. Please check the relationship between Siriuspoint Total Stockholder Equity and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siriuspoint. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Siriuspoint Stock please use our How to Invest in Siriuspoint guide.

Total Stockholder Equity vs Total Assets

Total Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Siriuspoint Total Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Siriuspoint's Total Stockholder Equity and Total Assets is 0.93. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Siriuspoint, assuming nothing else is changed. The correlation between historical values of Siriuspoint's Total Stockholder Equity and Total 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 Total Stockholder Equity of Siriuspoint are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Stockholder Equity i.e., Siriuspoint's Total Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Assets

Total assets refers to the total amount of Siriuspoint assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Siriuspoint books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Siriuspoint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Siriuspoint 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 Siriuspoint. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Siriuspoint Stock please use our How to Invest in Siriuspoint guide.At this time, Siriuspoint's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 38.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.2B	66M	2.7B	2.9B
Total Revenue	2.2B	66M	2.7B	2.9B

Gross Profit Total Revenue

Siriuspoint fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Short Term Investments	Property Plant And Equipment Gross	Intangible Assets	Short Long Term Debt Total	Non Current Liabilities Total	Inventory
Total Assets		0.19	0.45	0.93	0.06	0.6	0.73	0.57	0.67	0.68	0.44	0.92	0.96	0.93	0.87	0.98	0.48	0.49	-0.68	0.82	0.69	-0.26	0.44	0.6	0.71	-0.89
Other Current Liab	0.19		0.94	0.27	-0.29	0.22	0.63	0.59	0.74	0.77	0.31	0.36	0.25	0.41	0.3	0.29	-0.26	0.79	0.44	0.65	-0.13	-0.92	-0.01	0.22	0.07	-0.14
Total Current Liabilities	0.45	0.94		0.52	-0.18	0.38	0.84	0.65	0.84	0.87	0.48	0.58	0.51	0.65	0.49	0.54	-0.04	0.93	0.22	0.83	0.03	-0.94	0.22	0.34	0.19	-0.36
Total Stockholder Equity	0.93	0.27	0.52		0.19	0.82	0.73	0.48	0.61	0.61	0.66	0.79	0.96	0.86	0.73	0.94	0.47	0.61	-0.48	0.77	0.45	-0.32	0.51	0.47	0.48	-0.73
Net Debt	0.06	-0.29	-0.18	0.19		0.11	0.04	-0.64	-0.1	-0.25	0.52	-0.05	0.26	-0.03	-0.23	0.13	-0.05	-0.08	-0.13	-0.14	0.11	0.21	0.42	0.03	0.07	0.04
Retained Earnings	0.6	0.22	0.38	0.82	0.11		0.46	0.28	0.31	0.28	0.68	0.35	0.64	0.52	0.37	0.58	0.39	0.53	-0.13	0.44	0.0	-0.22	0.51	0.03	0.02	-0.35
Accounts Payable	0.73	0.63	0.84	0.73	0.04	0.46		0.55	0.87	0.84	0.64	0.77	0.77	0.85	0.64	0.78	0.12	0.85	-0.17	0.89	0.37	-0.75	0.53	0.39	0.47	-0.63
Cash	0.57	0.59	0.65	0.48	-0.64	0.28	0.55		0.66	0.82	-0.03	0.66	0.46	0.7	0.82	0.57	0.34	0.57	-0.26	0.79	0.35	-0.62	-0.14	0.55	0.4	-0.65
Other Assets	0.67	0.74	0.84	0.61	-0.1	0.31	0.87	0.66		0.95	0.47	0.75	0.68	0.82	0.69	0.71	-0.14	0.68	-0.16	0.9	0.51	-0.79	0.27	0.43	0.67	-0.67
Cash And Short Term Investments	0.68	0.77	0.87	0.61	-0.25	0.28	0.84	0.82	0.95		0.31	0.8	0.67	0.85	0.8	0.73	0.05	0.72	-0.2	0.95	0.49	-0.82	0.11	0.58	0.62	-0.71
Common Stock Total Equity	0.44	0.31	0.48	0.66	0.52	0.68	0.64	-0.03	0.47	0.31		0.28	0.62	0.43	0.11	0.52	-0.05	0.59	0.08	0.41	0.0	-0.37	0.74	-0.07	0.09	-0.17
Common Stock Shares Outstanding	0.92	0.36	0.58	0.79	-0.05	0.35	0.77	0.66	0.75	0.8	0.28		0.87	0.89	0.86	0.93	0.38	0.56	-0.57	0.87	0.67	-0.39	0.25	0.78	0.72	-0.86
Other Stockholder Equity	0.96	0.25	0.51	0.96	0.26	0.64	0.77	0.46	0.68	0.67	0.62	0.87		0.9	0.78	0.98	0.42	0.57	-0.57	0.81	0.61	-0.33	0.49	0.59	0.64	-0.81
Total Liab	0.93	0.41	0.65	0.86	-0.03	0.52	0.85	0.7	0.82	0.85	0.43	0.89	0.9		0.93	0.93	0.4	0.65	-0.58	0.95	0.68	-0.55	0.42	0.57	0.7	-0.91
Total Current Assets	0.87	0.3	0.49	0.73	-0.23	0.37	0.64	0.82	0.69	0.8	0.11	0.86	0.78	0.93		0.85	0.53	0.46	-0.7	0.88	0.74	-0.42	0.13	0.7	0.72	-0.95
Common Stock	0.98	0.29	0.54	0.94	0.13	0.58	0.78	0.57	0.71	0.73	0.52	0.93	0.98	0.93	0.85		0.45	0.58	-0.61	0.86	0.65	-0.35	0.42	0.67	0.67	-0.86
Property Plant And Equipment Net	0.48	-0.26	-0.04	0.47	-0.05	0.39	0.12	0.34	-0.14	0.05	-0.05	0.38	0.42	0.4	0.53	0.45		0.22	-0.6	0.29	0.2	0.13	0.11	0.44	-0.01	-0.46
Non Current Assets Total	0.49	0.79	0.93	0.61	-0.08	0.53	0.85	0.57	0.68	0.72	0.59	0.56	0.57	0.65	0.46	0.58	0.22		0.17	0.78	-0.07	-0.83	0.39	0.28	0.02	-0.33
Non Currrent Assets Other	-0.68	0.44	0.22	-0.48	-0.13	-0.13	-0.17	-0.26	-0.16	-0.2	0.08	-0.57	-0.57	-0.58	-0.7	-0.61	-0.6	0.17		-0.36	-0.87	-0.27	-0.16	-0.54	-0.71	0.81
Net Receivables	0.82	0.65	0.83	0.77	-0.14	0.44	0.89	0.79	0.9	0.95	0.41	0.87	0.81	0.95	0.88	0.86	0.29	0.78	-0.36		0.53	-0.75	0.29	0.6	0.6	-0.81
Short Term Investments	0.69	-0.13	0.03	0.45	0.11	0.0	0.37	0.35	0.51	0.49	0.0	0.67	0.61	0.68	0.74	0.65	0.2	-0.07	-0.87	0.53		-0.02	0.12	0.58	0.96	-0.88
Property Plant And Equipment Gross	-0.26	-0.92	-0.94	-0.32	0.21	-0.22	-0.75	-0.62	-0.79	-0.82	-0.37	-0.39	-0.33	-0.55	-0.42	-0.35	0.13	-0.83	-0.27	-0.75	-0.02		-0.13	-0.21	-0.15	0.29
Intangible Assets	0.44	-0.01	0.22	0.51	0.42	0.51	0.53	-0.14	0.27	0.11	0.74	0.25	0.49	0.42	0.13	0.42	0.11	0.39	-0.16	0.29	0.12	-0.13		-0.23	0.12	-0.18
Short Long Term Debt Total	0.6	0.22	0.34	0.47	0.03	0.03	0.39	0.55	0.43	0.58	-0.07	0.78	0.59	0.57	0.7	0.67	0.44	0.28	-0.54	0.6	0.58	-0.21	-0.23		0.56	-0.69
Non Current Liabilities Total	0.71	0.07	0.19	0.48	0.07	0.02	0.47	0.4	0.67	0.62	0.09	0.72	0.64	0.7	0.72	0.67	-0.01	0.02	-0.71	0.6	0.96	-0.15	0.12	0.56		-0.84
Inventory	-0.89	-0.14	-0.36	-0.73	0.04	-0.35	-0.63	-0.65	-0.67	-0.71	-0.17	-0.86	-0.81	-0.91	-0.95	-0.86	-0.46	-0.33	0.81	-0.81	-0.88	0.29	-0.18	-0.69	-0.84

Click cells to compare fundamentals

Siriuspoint Account Relationship Matchups

Siriuspoint fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4B	3.5B	10.6B	11.0B	10.1B	5.2B
Other Current Liab	(99.8M)	(92.7M)	(924.6M)	(813.6M)	3.3B	3.5B
Total Current Liabilities	99.8M	92.7M	924.6M	266.6M	5.1B	5.3B
Total Stockholder Equity	1.4B	1.6B	2.5B	2.1B	2.5B	1.7B
Net Debt	(525.3M)	(411.7M)	(183.1M)	72.7M	(315.1M)	(299.3M)
Retained Earnings	476.9M	620.5M	665M	262.2M	601M	414.6M
Accounts Payable	99.8M	92.7M	924.6M	1.1B	1.7B	1.8B
Cash	639.4M	526.0M	999.8M	705.3M	1.1B	1.2B
Other Assets	1.2B	1.3B	1.1B	5.4B	6.2B	6.5B
Cash And Short Term Investments	639.4M	526.0M	2.1B	4.3B	6.1B	6.4B
Common Stock Total Equity	10.7M	9.4M	9.4M	9.6M	11.0M	10.6M
Common Stock Shares Outstanding	92.7M	93.0M	150.2M	160.2M	169.6M	124.7M
Liabilities And Stockholders Equity	3.4B	3.5B	10.6B	11.0B	12.9B	13.5B
Other Stockholder Equity	927.7M	933.9M	1.6B	1.6B	1.7B	1.2B
Total Liab	2.0B	2.0B	8.1B	9.0B	7.6B	8.0B
Total Current Assets	1.2B	1.1B	5.3B	5.3B	3.5B	3.7B
Common Stock	9.4M	9.4M	9.6M	16.2M	16.8M	12.4M
Non Current Assets Total	985.7M	1.2B	4.2B	364.1M	6.6B	7.0B
Non Currrent Assets Other	(154.7M)	(69.8M)	(4.2B)	(5.3B)	530.1M	556.6M
Net Receivables	603.8M	552.1M	3.2B	3.3B	4.3B	4.5B
Intangible Assets	154.7M	68.6M	171.9M	163.8M	152.7M	172.8M
Short Long Term Debt Total	114.1M	114.3M	816.7M	778M	786.2M	407.5M
Non Current Liabilities Total	114.3M	115.3M	912.7M	8.7B	2.5B	1.6B
Inventory	(1.7B)	(2.4B)	(5.0B)	(6.3B)	(3.5B)	(3.7B)
Other Current Assets	1.7B	2.4B	5.0B	4.0B	3.5B	2.6B
Other Liab	1.3B	1.4B	5.2B	5.5B	6.3B	6.7B
Net Tangible Assets	1.4B	1.6B	2.1B	1.7B	2.0B	1.8B
Long Term Debt	114.1M	114.3M	816.7M	778M	786.2M	445.8M
Net Invested Capital	1.5B	1.7B	3.1B	2.7B	3.1B	2.4B
Long Term Investments	985.7M	1.2B	4.1B	5.7B	5.8B	3.5B
Deferred Long Term Liab	6.7M	6M	1.4M	1M	900K	855K

Pair Trading with Siriuspoint

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Siriuspoint position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Siriuspoint will appreciate offsetting losses from the drop in the long position's value.

Moving together with Siriuspoint Stock

0.74	EG	Everest Group Symbol Change	Pair Corr
0.68	RGA	Reinsurance Group	Pair Corr
0.61	GLRE	Greenlight Capital	Pair Corr

The ability to find closely correlated positions to Siriuspoint could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Siriuspoint when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Siriuspoint - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Siriuspoint to buy it.

The correlation of Siriuspoint is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Siriuspoint moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Siriuspoint moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Siriuspoint can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Siriuspoint 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 Siriuspoint 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 Siriuspoint Stock. Highlighted below are key reports to facilitate an investment decision about Siriuspoint Stock:

How To Invest In Siriuspoint

Details

Is Siriuspoint Stock a good investment?

Details

What is Siriuspoint's Net Worth?

Details

Largest Insurance - Reinsurance Companies

View

Largest Financial Services Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siriuspoint. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Siriuspoint Stock please use our How to Invest in Siriuspoint guide.

You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Siriuspoint Stock analysis

When running Siriuspoint's price analysis, check to measure Siriuspoint'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 Siriuspoint is operating at the current time. Most of Siriuspoint's value examination focuses on studying past and present price action to predict the probability of Siriuspoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siriuspoint's price. Additionally, you may evaluate how the addition of Siriuspoint to your portfolios can decrease your overall portfolio volatility.

	Stocks Directory Find actively traded stocks across global markets
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk

Is Siriuspoint'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 Siriuspoint. If investors know Siriuspoint 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 Siriuspoint 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

(0.34)

Earnings Share

1.6

Revenue Per Share

16.599

Quarterly Revenue Growth

0.018

Return On Assets

0.0194

The market value of Siriuspoint is measured differently than its book value, which is the value of Siriuspoint that is recorded on the company's balance sheet. Investors also form their own opinion of Siriuspoint's value that differs from its market value or its book value, called intrinsic value, which is Siriuspoint'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 Siriuspoint's market value can be influenced by many factors that don't directly affect Siriuspoint'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 Siriuspoint's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siriuspoint is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siriuspoint'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Siriuspoint Total Stockholder Equity vs Total Assets Analysis

Total Stockholder Equity vs Total Assets

Total Stockholder Equity vs Total Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Assets

Siriuspoint fundamental ratios Correlations

Siriuspoint Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Siriuspoint fundamental ratios Accounts

Pair Trading with Siriuspoint

Moving together with Siriuspoint Stock

Complementary Tools for Siriuspoint Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 0.98	Total Assets
Common Stock	+ 0.98	Other Stockholder Equity
Other Stockholder Equity	+ 0.96	Total Assets
Other Stockholder Equity	+ 0.96	Total Stockholder Equity
Non Current Liabilities Total	+ 0.96	Short Term Investments
Cash And Short Term Investments	+ 0.95	Other Assets

Inventory	- 0.95	Total Current Assets
Property Plant And Equipment Gross	- 0.94	Total Current Liabilities
Property Plant And Equipment Gross	- 0.92	Other Current Liab
Inventory	- 0.91	Total Liab
Inventory	- 0.89	Total Assets
Inventory	- 0.88	Short Term Investments