Spectrum Total Assets vs Property Plant Equipment Analysis

SPB Stock  USD 82.57  2.24  2.79%   
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 Total Assets and its Property Plant Equipment 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.

Total Assets vs Property Plant Equipment

Total Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spectrum Brands Holdings Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Spectrum Brands' Total Assets and Property Plant Equipment is 0.7. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment 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' Total Assets and Property Plant Equipment 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 Assets of Spectrum Brands Holdings are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Spectrum Brands' Total Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Spectrum Brands 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 Spectrum Brands Holdings 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.

Property Plant Equipment

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' Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 2.5 B, whereas Tax Provision is forecasted to decline to (53.4 M).
 2021 2022 2023 2024 (projected)
Total Revenue3.1B2.9B3.4B1.8B
Interest Expense99.4M127M146.1M126.8M

Spectrum Brands fundamental ratios Correlations

0.820.420.42-0.490.430.72-0.670.460.70.570.60.46-0.310.860.410.290.221.00.520.820.660.370.780.040.6
0.820.370.38-0.520.510.96-0.730.280.590.430.420.36-0.070.690.650.270.590.830.580.660.60.650.79-0.150.43
0.420.371.0-0.26-0.030.47-0.32-0.26-0.03-0.06-0.18-0.17-0.04-0.11-0.08-0.070.130.420.190.60.49-0.13-0.030.06-0.17
0.420.381.0-0.24-0.040.48-0.31-0.25-0.02-0.05-0.18-0.16-0.02-0.1-0.06-0.070.150.420.180.60.5-0.11-0.010.03-0.17
-0.49-0.52-0.26-0.24-0.48-0.560.90.16-0.4-0.37-0.19-0.080.63-0.460.02-0.01-0.25-0.54-0.53-0.35-0.470.12-0.22-0.56-0.22
0.430.51-0.03-0.04-0.480.39-0.410.410.260.130.530.06-0.530.520.040.450.020.450.980.390.380.150.470.440.53
0.720.960.470.48-0.560.39-0.73-0.010.570.450.170.36-0.010.530.60.190.650.730.490.530.60.570.62-0.090.18
-0.67-0.73-0.32-0.310.9-0.41-0.73-0.01-0.51-0.43-0.3-0.180.41-0.6-0.24-0.15-0.56-0.71-0.47-0.51-0.62-0.18-0.46-0.23-0.33
0.460.28-0.26-0.250.160.41-0.01-0.010.170.010.870.11-0.130.630.290.29-0.130.440.340.510.050.390.71-0.230.85
0.70.59-0.03-0.02-0.40.260.57-0.510.170.970.190.92-0.140.780.460.10.250.70.250.170.610.430.560.040.19
0.570.43-0.06-0.05-0.370.130.45-0.430.010.970.010.94-0.150.650.330.010.170.570.110.00.560.290.370.090.01
0.60.42-0.18-0.18-0.190.530.17-0.30.870.190.01-0.01-0.380.750.250.46-0.050.60.480.680.060.260.760.031.0
0.460.36-0.17-0.16-0.080.060.36-0.180.110.920.94-0.010.120.580.470.00.160.440.02-0.10.450.480.41-0.15-0.02
-0.31-0.07-0.04-0.020.63-0.53-0.010.41-0.13-0.14-0.15-0.380.12-0.360.53-0.180.41-0.34-0.54-0.32-0.120.560.03-0.86-0.39
0.860.69-0.11-0.1-0.460.520.53-0.60.630.780.650.750.58-0.360.470.350.170.860.480.560.450.440.850.060.76
0.410.65-0.08-0.060.020.040.6-0.240.290.460.330.250.470.530.470.130.560.390.010.20.20.890.71-0.70.25
0.290.27-0.07-0.07-0.010.450.19-0.150.290.10.010.460.0-0.180.350.130.180.290.420.320.190.160.310.060.47
0.220.590.130.15-0.250.020.65-0.56-0.130.250.17-0.050.160.410.170.560.180.230.040.10.390.630.38-0.44-0.04
1.00.830.420.42-0.540.450.73-0.710.440.70.570.60.44-0.340.860.390.290.230.540.820.670.350.760.070.6
0.520.580.190.18-0.530.980.49-0.470.340.250.110.480.02-0.540.480.010.420.040.540.510.480.120.450.440.49
0.820.660.60.6-0.350.390.53-0.510.510.170.00.68-0.1-0.320.560.20.320.10.820.510.420.160.620.030.68
0.660.60.490.5-0.470.380.6-0.620.050.610.560.060.45-0.120.450.20.190.390.670.480.420.190.370.10.06
0.370.65-0.13-0.110.120.150.57-0.180.390.430.290.260.480.560.440.890.160.630.350.120.160.190.75-0.70.25
0.780.79-0.03-0.01-0.220.470.62-0.460.710.560.370.760.410.030.850.710.310.380.760.450.620.370.75-0.30.75
0.04-0.150.060.03-0.560.44-0.09-0.23-0.230.040.090.03-0.15-0.860.06-0.70.06-0.440.070.440.030.1-0.7-0.30.05
0.60.43-0.17-0.17-0.220.530.18-0.330.850.190.011.0-0.02-0.390.760.250.47-0.040.60.490.680.060.250.750.05
Click cells to compare fundamentals

Spectrum Brands Account Relationship Matchups

Spectrum Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B5.3B5.8B5.3B6.0B7.2B
Short Long Term Debt Total2.6B2.6B3.2B1.7B1.9B1.7B
Other Current Liab205.6M666.2M722.7M178.4M205.2M194.9M
Total Current Liabilities944.9M1.2B1.2B764.8M879.5M1.2B
Total Stockholder Equity1.4B1.5B1.3B2.5B2.9B3.0B
Property Plant And Equipment Net500.3M316.7M346.3M385.9M443.8M341.0M
Net Debt2.0B2.4B3.0B897.2M1.0B1.2B
Retained Earnings243.9M359.9M362.1M2.1B2.4B2.5B
Cash531.6M187.9M243.7M753.9M867.0M910.3M
Non Current Assets Total3.4B2.4B2.5B2.3B2.7B3.6B
Non Currrent Assets Other(17.1M)38.8M(21.8M)31.8M36.6M34.7M
Cash And Short Term Investments531.6M187.9M243.7M1.9B2.1B2.4B
Net Receivables575.3M312.1M343.1M561.6M645.8M678.1M
Common Stock Shares Outstanding44.7M43.2M40.9M39.5M45.4M47.7M
Liabilities And Stockholders Equity5.1B5.3B5.8B5.3B6.0B7.2B
Non Current Liabilities Total2.7B2.7B3.3B2.0B2.3B2.2B
Inventory557.7M562.8M780.6M462.8M532.2M558.8M
Other Current Assets63.5M40.8M1.9B44.3M50.9M48.4M
Other Stockholder Equity1.4B1.3B1.2B670.5M771.1M679.3M
Total Liab3.7B3.9B4.5B2.7B3.2B3.0B
Property Plant And Equipment Gross500.3M316.7M346.3M385.9M443.8M333.7M
Total Current Assets1.7B2.9B3.2B2.9B3.4B3.8B
Accumulated Other Comprehensive Income(284.7M)(235.3M)(303.1M)(249.4M)(286.8M)(272.5M)
Short Term Debt15.3M12M12.3M8.6M7.7M7.4M
Accounts Payable557.5M388.6M453.1M396.6M456.1M478.9M
Intangible Assets1.4B1.2B1.2B1.1B1.2B1.7B
Other Liab196.8M158.5M117.9M332.8M382.7M363.6M
Other Assets48.3M38.8M38.7M31.8M36.6M34.7M
Long Term Debt2.5B2.5B3.1B1.5B1.8B1.8B
Treasury Stock(260.9M)(606.5M)(717M)(828.8M)(745.9M)(708.6M)
Property Plant Equipment396.5M316.7M346.3M385.9M443.8M369.4M
Net Tangible Assets(1.4B)(599.4M)(892.1M)602.8M693.2M727.9M
Current Deferred Revenue332.2M166.5M97.3M181.2M163.1M141.5M
Good Will1.3B867.2M953.1M854.7M769.2M1.1B

Currently Active Assets on Macroaxis

When determining whether Spectrum Brands Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Spectrum Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spectrum Brands Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spectrum Brands Holdings Stock:
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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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.