Spectrum Income Quality vs Invested Capital Analysis
SPB Stock | USD 83.67 0.40 0.48% |
Spectrum Brands financial indicator trend analysis is much more than just breaking down Spectrum Brands Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spectrum Brands Holdings is a good investment. Please check the relationship between Spectrum Brands Income Quality and its Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spectrum Brands Holdings. 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.
Income Quality vs Invested Capital
Income Quality vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spectrum Brands Holdings Income Quality account and Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Spectrum Brands' Income Quality and Invested Capital is -0.36. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Spectrum Brands Holdings, assuming nothing else is changed. The correlation between historical values of Spectrum Brands' Income Quality and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Spectrum Brands Holdings are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Income Quality i.e., Spectrum Brands' Income Quality and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Spectrum Brands Holdings. There are two different methods for calculating Spectrum Brands Holdings invested capital: operating approach and financing approach. Understanding Spectrum Brands invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most indicators from Spectrum Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spectrum Brands Holdings 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 Spectrum Brands Holdings. 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. At present, Spectrum Brands' Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.17, whereas Selling General Administrative is forecasted to decline to about 330.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.1B | 2.9B | 3.4B | 1.8B | Interest Expense | 99.4M | 127M | 146.1M | 126.8M |
Spectrum Brands fundamental ratios Correlations
Click cells to compare fundamentals
Spectrum Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Spectrum Brands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.1B | 5.3B | 5.8B | 5.3B | 6.0B | 7.2B | |
Short Long Term Debt Total | 2.6B | 2.6B | 3.2B | 1.7B | 1.9B | 1.7B | |
Other Current Liab | 205.6M | 666.2M | 722.7M | 178.4M | 205.2M | 194.9M | |
Total Current Liabilities | 944.9M | 1.2B | 1.2B | 764.8M | 879.5M | 1.2B | |
Total Stockholder Equity | 1.4B | 1.5B | 1.3B | 2.5B | 2.9B | 3.0B | |
Property Plant And Equipment Net | 500.3M | 316.7M | 346.3M | 385.9M | 443.8M | 331.5M | |
Net Debt | 2.0B | 2.4B | 3.0B | 897.2M | 1.0B | 1.2B | |
Retained Earnings | 243.9M | 359.9M | 362.1M | 2.1B | 2.4B | 2.5B | |
Cash | 531.6M | 187.9M | 243.7M | 753.9M | 867.0M | 910.3M | |
Non Current Assets Total | 3.4B | 2.4B | 2.5B | 2.3B | 2.7B | 3.6B | |
Non Currrent Assets Other | (17.1M) | 38.8M | (21.8M) | 31.8M | 36.6M | 34.7M | |
Cash And Short Term Investments | 531.6M | 187.9M | 243.7M | 1.9B | 2.1B | 2.4B | |
Net Receivables | 575.3M | 312.1M | 343.1M | 561.6M | 645.8M | 678.1M | |
Common Stock Shares Outstanding | 44.7M | 43.2M | 40.9M | 39.5M | 45.4M | 47.7M | |
Liabilities And Stockholders Equity | 5.1B | 5.3B | 5.8B | 5.3B | 6.0B | 7.2B | |
Non Current Liabilities Total | 2.7B | 2.7B | 3.3B | 2.0B | 2.3B | 2.2B | |
Inventory | 557.7M | 562.8M | 780.6M | 462.8M | 532.2M | 558.8M | |
Other Current Assets | 63.5M | 40.8M | 1.9B | 44.3M | 50.9M | 48.4M | |
Other Stockholder Equity | 1.4B | 1.3B | 1.2B | 670.5M | 771.1M | 679.3M | |
Total Liab | 3.7B | 3.9B | 4.5B | 2.7B | 3.2B | 3.0B | |
Property Plant And Equipment Gross | 500.3M | 316.7M | 346.3M | 385.9M | 443.8M | 333.7M | |
Total Current Assets | 1.7B | 2.9B | 3.2B | 2.9B | 3.4B | 3.8B | |
Accumulated Other Comprehensive Income | (284.7M) | (235.3M) | (303.1M) | (249.4M) | (286.8M) | (272.5M) | |
Short Term Debt | 15.3M | 12M | 12.3M | 8.6M | 7.7M | 7.4M | |
Accounts Payable | 557.5M | 388.6M | 453.1M | 396.6M | 456.1M | 478.9M | |
Intangible Assets | 1.4B | 1.2B | 1.2B | 1.1B | 1.2B | 1.7B | |
Other Liab | 196.8M | 158.5M | 117.9M | 332.8M | 382.7M | 363.6M | |
Other Assets | 48.3M | 38.8M | 38.7M | 31.8M | 36.6M | 34.7M | |
Long Term Debt | 2.5B | 2.5B | 3.1B | 1.5B | 1.8B | 1.8B | |
Treasury Stock | (260.9M) | (606.5M) | (717M) | (828.8M) | (745.9M) | (708.6M) | |
Property Plant Equipment | 396.5M | 316.7M | 346.3M | 385.9M | 443.8M | 369.4M | |
Net Tangible Assets | (1.4B) | (599.4M) | (892.1M) | 602.8M | 693.2M | 727.9M | |
Current Deferred Revenue | 332.2M | 166.5M | 97.3M | 181.2M | 163.1M | 141.5M | |
Good Will | 1.3B | 867.2M | 953.1M | 854.7M | 769.2M | 1.1B |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spectrum Brands Holdings. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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When running Spectrum Brands' price analysis, check to measure Spectrum Brands' 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 Spectrum Brands is operating at the current time. Most of Spectrum Brands' value examination focuses on studying past and present price action to predict the probability of Spectrum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectrum Brands' price. Additionally, you may evaluate how the addition of Spectrum Brands to your portfolios can decrease your overall portfolio volatility.
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Is Spectrum Brands' 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 Spectrum Brands. If investors know Spectrum 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 Spectrum Brands 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 0.263 | Dividend Share 1.68 | Earnings Share (4.42) | Revenue Per Share 76.709 | Quarterly Revenue Growth (0.03) |
The market value of Spectrum Brands Holdings is measured differently than its book value, which is the value of Spectrum that is recorded on the company's balance sheet. Investors also form their own opinion of Spectrum Brands' value that differs from its market value or its book value, called intrinsic value, which is Spectrum Brands' 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 Spectrum Brands' market value can be influenced by many factors that don't directly affect Spectrum Brands' 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 Spectrum Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectrum Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectrum Brands' 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.