Spirent Communications Financials
| SPT Stock | 173.30 1.70 0.97% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 19.3 M | 18.4 M |
|
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Spirent | Select Account or Indicator |
Understanding current and past Spirent Communications Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Spirent Communications' financial statements are interrelated, with each one affecting the others. For example, an increase in Spirent Communications' assets may result in an increase in income on the income statement.
Please note, the presentation of Spirent Communications' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Spirent Communications' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Spirent Communications' management manipulating its earnings.
Spirent Communications Stock Summary
Spirent Communications competes with Viridian Therapeutics, News Corp, Nationwide Building, CVR Energy, and Martin Marietta. Spirent Communications is entity of United Kingdom. It is traded as Stock on LSE exchange.| Foreign Associate | USA |
Specialization | Information Technology, Technology Hardware & Equipment |
| Instrument | UK Stock View All |
| Exchange | London Exchange |
| ISIN | GB0004726096 |
| Business Address | Origin One, Crawley, |
| Sector | Communications Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | corporate.spirent.com |
| Phone | 44 12 9376 7676 |
You should never invest in Spirent Communications without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Spirent Stock, because this is throwing your money away. Analyzing the key information contained in Spirent Communications' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Spirent Communications Key Financial Ratios
There are many critical financial ratios that Spirent Communications' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Spirent Communications reports annually and quarterly.| Revenue | 474.3 M | ||||
| Gross Profit | 437.1 M | ||||
| EBITDA | 60.5 M | ||||
| Net Income | 22.9 M | ||||
| Total Asset | 583.8 M |
Spirent Communications Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 604.7M | 649.8M | 691.3M | 705.3M | 583.8M | 739.4M | |
| Other Current Liab | 129.8M | 145.8M | 163.8M | 156.8M | 119M | 101.9M | |
| Net Debt | (150.2M) | (213M) | (145M) | (187.5M) | (86.7M) | (82.4M) | |
| Retained Earnings | 306.2M | 345.7M | 350.7M | 376.6M | 284.3M | 298.5M | |
| Accounts Payable | 12.9M | 24.6M | 9.4M | 33.6M | 19.3M | 18.3M | |
| Cash | 183.2M | 241.2M | 174.8M | 209.6M | 108.1M | 114.1M | |
| Other Assets | 41.2M | 43.8M | 64.8M | 49.7M | 57.2M | 60.0M | |
| Net Receivables | 128.7M | 118.4M | 149.2M | 142.4M | 113.3M | 119.0M | |
| Inventory | 20.6M | 22.3M | 26M | 39.8M | 43.5M | 53.3M | |
| Other Current Assets | 15.2M | 15.1M | 18.6M | 21.7M | 22.4M | 21.3M | |
| Total Liab | 202.4M | 207M | 243.8M | 240.1M | 208M | 209.7M | |
| Total Current Assets | 347.7M | 397M | 368.6M | 413.5M | 287.3M | 355.5M | |
| Common Stock | 26M | 26.8M | 27.9M | 24.7M | 24.6M | 36.9M | |
| Intangible Assets | 3.2M | 2.4M | 24.2M | 18.9M | 19.3M | 18.3M | |
| Other Liab | 23.5M | 31.8M | 45.7M | 34.7M | 31.2M | 24.9M | |
| Good Will | 157.1M | 157.5M | 184M | 183.1M | 187.3M | 192.4M | |
| Net Tangible Assets | 242M | 282.9M | 239.3M | 263.2M | 302.7M | 179.9M | |
| Capital Surpluse | 27.3M | 25.7M | 26.6M | 27.6M | 31.7M | 29.1M |
Spirent Communications Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 300K | 100K | 1.8M | 1.2M | 1M | 855K | |
| Total Revenue | 503.6M | 522.4M | 576M | 607.5M | 474.3M | 616.2M | |
| Gross Profit | 368.6M | 383.4M | 424.7M | 437.1M | 343.6M | 309.1M | |
| Operating Income | 88.3M | 99M | 109M | 117.1M | 18.4M | 19.3M | |
| Ebit | 80.8M | 90.6M | 101.1M | 109.8M | 38M | 39.9M | |
| Ebitda | 105.1M | 112.6M | 126.4M | 133.4M | 60.5M | 31.6M | |
| Income Before Tax | 89.6M | 95.8M | 103.6M | 114.6M | 22.9M | 24.0M | |
| Net Income | 78M | 84.4M | 89.2M | 99.9M | 25.2M | 26.5M | |
| Income Tax Expense | 11.6M | 11.4M | 14.4M | 14.7M | (2.3M) | (2.2M) | |
| Research Development | 96.5M | 103.1M | 113.3M | 111.3M | 102.4M | 85.9M | |
| Cost Of Revenue | 135M | 139M | 151.3M | 170.4M | 130.7M | 208.6M | |
| Tax Provision | 11.6M | 11.4M | 14.4M | 14.7M | (2.3M) | (2.2M) | |
| Net Interest Income | 1M | 100K | (600K) | 1.9M | 4.5M | 4.7M | |
| Interest Income | 1.4M | 2.8M | 1.6M | 2.9M | 5.4M | 5.7M |
Spirent Communications Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Spirent Communications. It measures of how well Spirent is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Spirent Communications brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Spirent had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Spirent Communications has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 7M | (1.5M) | (2.2M) | (14.4M) | (2M) | (1.9M) | |
| Change In Cash | 61.6M | 58M | (66.4M) | 34.8M | (101.5M) | (96.4M) | |
| Free Cash Flow | 106.4M | 111.2M | 92.7M | 109.4M | 25.4M | 42.4M | |
| Depreciation | 24.3M | 22M | 25.3M | 23.6M | 22.5M | 23.7M | |
| Other Non Cash Items | (1M) | (100K) | 600K | (27.1M) | (5.1M) | (5.4M) | |
| Capital Expenditures | 12.9M | 10M | 10.2M | 8.4M | 6.5M | 6.2M | |
| Net Income | 89.6M | 95.8M | 103.6M | 114.6M | 22.9M | 24.0M | |
| End Period Cash Flow | 183.2M | 241.2M | 174.8M | 209.6M | 108.1M | 107.9M | |
| Dividends Paid | 28.6M | 33.6M | 83.6M | 39.9M | 46.5M | 34.8M | |
| Investments | (10.8M) | (7M) | (60.2M) | (6.1M) | (7.9M) | (8.3M) | |
| Change To Netincome | 9.1M | 5.3M | 11.4M | (1.7M) | (1.5M) | (1.5M) |
Spirent Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spirent Communications's current stock value. Our valuation model uses many indicators to compare Spirent Communications value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spirent Communications competition to find correlations between indicators driving Spirent Communications's intrinsic value. More Info.Spirent Communications plc is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.78 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Spirent Communications plc is roughly 1.29 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Spirent Communications' earnings, one of the primary drivers of an investment's value.Spirent Communications Systematic Risk
Spirent Communications' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Spirent Communications volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Spirent Communications correlated with the market. If Beta is less than 0 Spirent Communications generally moves in the opposite direction as compared to the market. If Spirent Communications Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Spirent Communications is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Spirent Communications is generally in the same direction as the market. If Beta > 1 Spirent Communications moves generally in the same direction as, but more than the movement of the benchmark.
Spirent Communications plc Total Assets Over Time
Spirent Communications Thematic Clasifications
Spirent Communications plc is part of several thematic ideas from ISP to Wireless. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSpirent Communications September 9, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Spirent Communications help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Spirent Communications plc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Spirent Communications plc based on widely used predictive technical indicators. In general, we focus on analyzing Spirent Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Spirent Communications's daily price indicators and compare them against related drivers.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.87 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.16 |
Complementary Tools for Spirent Stock analysis
When running Spirent Communications' price analysis, check to measure Spirent Communications' 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 Spirent Communications is operating at the current time. Most of Spirent Communications' value examination focuses on studying past and present price action to predict the probability of Spirent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirent Communications' price. Additionally, you may evaluate how the addition of Spirent Communications to your portfolios can decrease your overall portfolio volatility.
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