Siriuspoint Historical Balance Sheet

SPNT Stock  USD 12.84  0.05  0.39%   
Trend analysis of Siriuspoint balance sheet accounts such as Retained Earnings of 414.6 M, Accounts Payable of 1.8 B, Cash of 1.2 B or Other Assets of 6.5 B provides information on Siriuspoint's total assets, liabilities, and equity, which is the actual value of Siriuspoint to its prevalent stockholders. By breaking down trends over time using Siriuspoint balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Siriuspoint latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Siriuspoint is a good buy for the upcoming year.

Siriuspoint Inventory

(3.66 Billion)

  
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.

About Siriuspoint Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Siriuspoint at a specified time, usually calculated after every quarter, six months, or one year. Siriuspoint Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Siriuspoint and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Siriuspoint currently owns. An asset can also be divided into two categories, current and non-current.

Siriuspoint Balance Sheet Chart

At this time, Siriuspoint's Total Current Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 7 B in 2024, despite the fact that Net Debt is likely to grow to (299.3 M).

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.

Total Current Liabilities

Total Current Liabilities is an item on Siriuspoint balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Siriuspoint are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

Accounts Payable

An accounting item on the balance sheet that represents Siriuspoint obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Siriuspoint are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Siriuspoint's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Siriuspoint current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Total Current Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 7 B in 2024, despite the fact that Net Debt is likely to grow to (299.3 M).
 2021 2022 2023 2024 (projected)
Total Stockholder Equity2.5B2.1B2.5B1.7B
Total Current Liabilities924.6M266.6M5.1B5.3B

Siriuspoint balance sheet Correlations

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0.190.940.27-0.290.220.630.590.740.770.310.360.250.410.30.29-0.260.790.440.65-0.13-0.92-0.010.220.07-0.14
0.450.940.52-0.180.380.840.650.840.870.480.580.510.650.490.54-0.040.930.220.830.03-0.940.220.340.19-0.36
0.930.270.520.190.820.730.480.610.610.660.790.960.860.730.940.470.61-0.480.770.45-0.320.510.470.48-0.73
0.06-0.29-0.180.190.110.04-0.64-0.1-0.250.52-0.050.26-0.03-0.230.13-0.05-0.08-0.13-0.140.110.210.420.030.070.04
0.60.220.380.820.110.460.280.310.280.680.350.640.520.370.580.390.53-0.130.440.0-0.220.510.030.02-0.35
0.730.630.840.730.040.460.550.870.840.640.770.770.850.640.780.120.85-0.170.890.37-0.750.530.390.47-0.63
0.570.590.650.48-0.640.280.550.660.82-0.030.660.460.70.820.570.340.57-0.260.790.35-0.62-0.140.550.4-0.65
0.670.740.840.61-0.10.310.870.660.950.470.750.680.820.690.71-0.140.68-0.160.90.51-0.790.270.430.67-0.67
0.680.770.870.61-0.250.280.840.820.950.310.80.670.850.80.730.050.72-0.20.950.49-0.820.110.580.62-0.71
0.440.310.480.660.520.680.64-0.030.470.310.280.620.430.110.52-0.050.590.080.410.0-0.370.74-0.070.09-0.17
0.920.360.580.79-0.050.350.770.660.750.80.280.870.890.860.930.380.56-0.570.870.67-0.390.250.780.72-0.86
0.960.250.510.960.260.640.770.460.680.670.620.870.90.780.980.420.57-0.570.810.61-0.330.490.590.64-0.81
0.930.410.650.86-0.030.520.850.70.820.850.430.890.90.930.930.40.65-0.580.950.68-0.550.420.570.7-0.91
0.870.30.490.73-0.230.370.640.820.690.80.110.860.780.930.850.530.46-0.70.880.74-0.420.130.70.72-0.95
0.980.290.540.940.130.580.780.570.710.730.520.930.980.930.850.450.58-0.610.860.65-0.350.420.670.67-0.86
0.48-0.26-0.040.47-0.050.390.120.34-0.140.05-0.050.380.420.40.530.450.22-0.60.290.20.130.110.44-0.01-0.46
0.490.790.930.61-0.080.530.850.570.680.720.590.560.570.650.460.580.220.170.78-0.07-0.830.390.280.02-0.33
-0.680.440.22-0.48-0.13-0.13-0.17-0.26-0.16-0.20.08-0.57-0.57-0.58-0.7-0.61-0.60.17-0.36-0.87-0.27-0.16-0.54-0.710.81
0.820.650.830.77-0.140.440.890.790.90.950.410.870.810.950.880.860.290.78-0.360.53-0.750.290.60.6-0.81
0.69-0.130.030.450.110.00.370.350.510.490.00.670.610.680.740.650.2-0.07-0.870.53-0.020.120.580.96-0.88
-0.26-0.92-0.94-0.320.21-0.22-0.75-0.62-0.79-0.82-0.37-0.39-0.33-0.55-0.42-0.350.13-0.83-0.27-0.75-0.02-0.13-0.21-0.150.29
0.44-0.010.220.510.420.510.53-0.140.270.110.740.250.490.420.130.420.110.39-0.160.290.12-0.13-0.230.12-0.18
0.60.220.340.470.030.030.390.550.430.58-0.070.780.590.570.70.670.440.28-0.540.60.58-0.21-0.230.56-0.69
0.710.070.190.480.070.020.470.40.670.620.090.720.640.70.720.67-0.010.02-0.710.60.96-0.150.120.56-0.84
-0.89-0.14-0.36-0.730.04-0.35-0.63-0.65-0.67-0.71-0.17-0.86-0.81-0.91-0.95-0.86-0.46-0.330.81-0.81-0.880.29-0.18-0.69-0.84
Click cells to compare fundamentals

Siriuspoint Account Relationship Matchups

Siriuspoint balance sheet Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.5B10.6B11.0B10.1B5.2B
Other Current Liab(99.8M)(92.7M)(924.6M)(813.6M)3.3B3.5B
Total Current Liabilities99.8M92.7M924.6M266.6M5.1B5.3B
Total Stockholder Equity1.4B1.6B2.5B2.1B2.5B1.7B
Net Debt(525.3M)(411.7M)(183.1M)72.7M(315.1M)(299.3M)
Retained Earnings476.9M620.5M665M262.2M601M414.6M
Accounts Payable99.8M92.7M924.6M1.1B1.7B1.8B
Cash639.4M526.0M999.8M705.3M1.1B1.2B
Other Assets1.2B1.3B1.1B5.4B6.2B6.5B
Cash And Short Term Investments639.4M526.0M2.1B4.3B6.1B6.4B
Common Stock Total Equity10.7M9.4M9.4M9.6M11.0M10.6M
Common Stock Shares Outstanding92.7M93.0M150.2M160.2M169.6M124.7M
Liabilities And Stockholders Equity3.4B3.5B10.6B11.0B12.9B13.5B
Other Stockholder Equity927.7M933.9M1.6B1.6B1.7B1.2B
Total Liab2.0B2.0B8.1B9.0B7.6B8.0B
Total Current Assets1.2B1.1B5.3B5.3B3.5B3.7B
Common Stock9.4M9.4M9.6M16.2M16.8M12.4M
Non Current Assets Total985.7M1.2B4.2B364.1M6.6B7.0B
Non Currrent Assets Other(154.7M)(69.8M)(4.2B)(5.3B)530.1M556.6M
Net Receivables603.8M552.1M3.2B3.3B4.3B4.5B
Intangible Assets154.7M68.6M171.9M163.8M152.7M172.8M
Short Long Term Debt Total114.1M114.3M816.7M778M786.2M407.5M
Non Current Liabilities Total114.3M115.3M912.7M8.7B2.5B1.6B
Inventory(1.7B)(2.4B)(5.0B)(6.3B)(3.5B)(3.7B)
Other Current Assets1.7B2.4B5.0B4.0B3.5B2.6B
Other Liab1.3B1.4B5.2B5.5B6.3B6.7B
Net Tangible Assets1.4B1.6B2.1B1.7B2.0B1.8B
Long Term Debt114.1M114.3M816.7M778M786.2M445.8M
Net Invested Capital1.5B1.7B3.1B2.7B3.1B2.4B
Long Term Investments985.7M1.2B4.1B5.7B5.8B3.5B
Deferred Long Term Liab6.7M6M1.4M1M900K855K

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

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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 CorrelationCorrelation Matching

Additional 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.