Spectrum Payables Turnover vs Free Cash Flow Per Share 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 Payables Turnover and its Free Cash Flow Per Share 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.
Payables Turnover vs Free Cash Flow Per Share
Payables Turnover vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spectrum Brands Holdings Payables Turnover account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Spectrum Brands' Payables Turnover and Free Cash Flow Per Share is -0.19. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Free Cash Flow Per Share 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' Payables Turnover and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Spectrum Brands Holdings are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Payables Turnover i.e., Spectrum Brands' Payables Turnover and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.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
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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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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.