SPAR Net Debt vs Asset Turnover Analysis

SGRP Stock

USD 1.59 0.01 0.63%

SPAR financial indicator trend analysis is much more than just breaking down SPAR Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPAR Group is a good investment. Please check the relationship between SPAR Net Debt and its Asset Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPAR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Debt vs Asset Turnover

Net Debt vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPAR Group Net Debt account and Asset Turnover. At this time, the significance of the direction appears to have almost no relationship.

The correlation between SPAR's Net Debt and Asset Turnover is 0.1. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of SPAR Group, assuming nothing else is changed. The correlation between historical values of SPAR's Net Debt and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of SPAR Group are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Net Debt i.e., SPAR's Net Debt and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Most indicators from SPAR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPAR Group 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 SPAR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

As of 02/27/2025, Selling General Administrative is likely to drop to about 26.6 M. In addition to that, Tax Provision is likely to drop to about 2.1 M

	2022	2023	2024	2025 (projected)
Total Revenue	261.3M	262.7M	302.2M	317.3M
Depreciation And Amortization	2.7M	901K	1.0M	1.9M

Total Revenue Depreciation And Amortization

SPAR fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.93	0.75	0.98	0.89	0.85	0.62	0.9	0.95	0.82	0.78	0.75	0.82	0.99	0.5	-0.04	0.87	0.61	0.99	1.0	0.9	-0.43	0.75	-0.43	0.6	-0.36
Short Long Term Debt Total	0.93		0.53	0.91	0.9	0.81	0.84	0.86	0.88	0.63	0.57	0.62	0.63	0.94	0.43	-0.03	0.91	0.49	0.91	0.95	0.98	-0.32	0.8	-0.29	0.43	-0.23
Other Current Liab	0.75	0.53		0.78	0.43	0.63	0.14	0.55	0.75	0.83	0.78	0.8	0.83	0.74	0.33	-0.02	0.46	0.63	0.79	0.73	0.5	-0.31	0.41	-0.35	0.63	-0.36
Total Current Liabilities	0.98	0.91	0.78		0.81	0.83	0.61	0.82	0.98	0.8	0.73	0.79	0.8	0.99	0.46	-0.17	0.85	0.6	0.99	0.98	0.9	-0.41	0.7	-0.4	0.51	-0.43
Total Stockholder Equity	0.89	0.9	0.43	0.81		0.71	0.68	0.93	0.8	0.64	0.64	0.58	0.64	0.86	0.61	0.0	0.82	0.56	0.82	0.88	0.85	-0.52	0.82	-0.49	0.58	-0.31
Property Plant And Equipment Net	0.85	0.81	0.63	0.83	0.71		0.5	0.76	0.86	0.75	0.69	0.55	0.75	0.83	0.3	0.1	0.69	0.38	0.85	0.84	0.76	-0.24	0.57	-0.23	0.4	-0.22
Net Debt	0.62	0.84	0.14	0.61	0.68	0.5		0.55	0.61	0.14	0.15	0.29	0.14	0.68	0.26	-0.03	0.75	0.27	0.61	0.66	0.84	-0.12	0.7	-0.06	0.04	-0.02
Retained Earnings	0.9	0.86	0.55	0.82	0.93	0.76	0.55		0.79	0.77	0.77	0.67	0.77	0.85	0.43	0.15	0.78	0.5	0.85	0.88	0.79	-0.32	0.7	-0.32	0.75	-0.14
Accounts Payable	0.95	0.88	0.75	0.98	0.8	0.86	0.61	0.79		0.75	0.71	0.76	0.75	0.97	0.46	-0.13	0.78	0.59	0.97	0.96	0.87	-0.41	0.69	-0.4	0.43	-0.42
Cash	0.82	0.63	0.83	0.8	0.64	0.75	0.14	0.77	0.75		0.89	0.8	1.0	0.77	0.49	-0.03	0.6	0.67	0.81	0.79	0.59	-0.41	0.58	-0.43	0.8	-0.4
Non Current Assets Total	0.78	0.57	0.78	0.73	0.64	0.69	0.15	0.77	0.71	0.89		0.67	0.89	0.71	0.56	0.17	0.45	0.7	0.76	0.72	0.47	-0.47	0.55	-0.53	0.83	-0.32
Non Currrent Assets Other	0.75	0.62	0.8	0.79	0.58	0.55	0.29	0.67	0.76	0.8	0.67		0.8	0.75	0.33	-0.24	0.58	0.65	0.77	0.75	0.64	-0.26	0.55	-0.26	0.66	-0.38
Cash And Short Term Investments	0.82	0.63	0.83	0.8	0.64	0.75	0.14	0.77	0.75	1.0	0.89	0.8		0.77	0.49	-0.03	0.6	0.67	0.81	0.79	0.59	-0.41	0.58	-0.43	0.8	-0.4
Net Receivables	0.99	0.94	0.74	0.99	0.86	0.83	0.68	0.85	0.97	0.77	0.71	0.75	0.77		0.48	-0.08	0.88	0.61	0.99	1.0	0.92	-0.41	0.75	-0.4	0.51	-0.37
Common Stock Shares Outstanding	0.5	0.43	0.33	0.46	0.61	0.3	0.26	0.43	0.46	0.49	0.56	0.33	0.49	0.48		-0.24	0.35	0.85	0.44	0.48	0.38	-0.93	0.73	-0.92	0.42	-0.72
Non Current Liabilities Total	-0.04	-0.03	-0.02	-0.17	0.0	0.1	-0.03	0.15	-0.13	-0.03	0.17	-0.24	-0.03	-0.08	-0.24		-0.12	-0.19	-0.07	-0.08	-0.23	0.31	-0.15	0.24	0.26	0.76
Other Current Assets	0.87	0.91	0.46	0.85	0.82	0.69	0.75	0.78	0.78	0.6	0.45	0.58	0.6	0.88	0.35	-0.12		0.44	0.84	0.9	0.92	-0.25	0.75	-0.2	0.38	-0.21
Other Stockholder Equity	0.61	0.49	0.63	0.6	0.56	0.38	0.27	0.5	0.59	0.67	0.7	0.65	0.67	0.61	0.85	-0.19	0.44		0.59	0.6	0.45	-0.75	0.7	-0.76	0.58	-0.62
Total Liab	0.99	0.91	0.79	0.99	0.82	0.85	0.61	0.85	0.97	0.81	0.76	0.77	0.81	0.99	0.44	-0.07	0.84	0.59		0.99	0.89	-0.38	0.7	-0.38	0.54	-0.36
Total Current Assets	1.0	0.95	0.73	0.98	0.88	0.84	0.66	0.88	0.96	0.79	0.72	0.75	0.79	1.0	0.48	-0.08	0.9	0.6	0.99		0.92	-0.41	0.76	-0.39	0.55	-0.36
Short Term Debt	0.9	0.98	0.5	0.9	0.85	0.76	0.84	0.79	0.87	0.59	0.47	0.64	0.59	0.92	0.38	-0.23	0.92	0.45	0.89	0.92		-0.29	0.78	-0.24	0.34	-0.32
Intangible Assets	-0.43	-0.32	-0.31	-0.41	-0.52	-0.24	-0.12	-0.32	-0.41	-0.41	-0.47	-0.26	-0.41	-0.41	-0.93	0.31	-0.25	-0.75	-0.38	-0.41	-0.29		-0.51	0.99	-0.3	0.8
Common Stock	0.75	0.8	0.41	0.7	0.82	0.57	0.7	0.7	0.69	0.58	0.55	0.55	0.58	0.75	0.73	-0.15	0.75	0.7	0.7	0.76	0.78	-0.51		-0.46	0.47	-0.38
Other Liab	-0.43	-0.29	-0.35	-0.4	-0.49	-0.23	-0.06	-0.32	-0.4	-0.43	-0.53	-0.26	-0.43	-0.4	-0.92	0.24	-0.2	-0.76	-0.38	-0.39	-0.24	0.99	-0.46		-0.34	0.77
Other Assets	0.6	0.43	0.63	0.51	0.58	0.4	0.04	0.75	0.43	0.8	0.83	0.66	0.8	0.51	0.42	0.26	0.38	0.58	0.54	0.55	0.34	-0.3	0.47	-0.34		-0.08
Long Term Debt	-0.36	-0.23	-0.36	-0.43	-0.31	-0.22	-0.02	-0.14	-0.42	-0.4	-0.32	-0.38	-0.4	-0.37	-0.72	0.76	-0.21	-0.62	-0.36	-0.36	-0.32	0.8	-0.38	0.77	-0.08

Click cells to compare fundamentals

SPAR Account Relationship Matchups

SPAR fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	84.0M	89.0M	94.6M	90.3M	103.8M	109.0M
Short Long Term Debt Total	13.2M	13.5M	20.3M	23.4M	26.9M	28.2M
Other Current Liab	29.6M	22.9M	32.1M	15.6M	17.9M	13.4M
Total Current Liabilities	42.9M	50.2M	54.6M	48.6M	55.8M	58.6M
Total Stockholder Equity	22.2M	19.8M	22.4M	28.2M	32.5M	34.1M
Property Plant And Equipment Net	5.7M	4.7M	4.2M	5.2M	6.0M	6.3M
Net Debt	(2.7M)	50K	11.0M	12.6M	14.5M	15.3M
Retained Earnings	9.2M	7.4M	6.7M	10.6M	12.2M	12.8M
Accounts Payable	7.9M	8.9M	10.6M	9.5M	10.9M	11.5M
Cash	16.0M	13.5M	9.3M	10.7M	12.3M	6.8M
Non Current Assets Total	17.5M	17.0M	13.7M	14.2M	16.3M	11.1M
Non Currrent Assets Other	1.6M	1.4M	1.9M	1.7M	1.6M	968.9K
Cash And Short Term Investments	16.0M	13.5M	9.3M	10.7M	12.3M	6.8M
Net Receivables	46.9M	54.2M	63.7M	56.6M	65.1M	68.4M
Common Stock Shares Outstanding	21.2M	21.3M	22.1M	24.5M	28.1M	20.0M
Liabilities And Stockholders Equity	84.0M	89.0M	94.6M	90.3M	103.8M	109.0M
Non Current Liabilities Total	2.5M	1.5M	2.0M	1.5M	1.3M	2.2M
Other Current Assets	3.6M	8.8M	7.9M	8.7M	10.1M	10.6M
Other Stockholder Equity	16.6M	17.1M	20.4M	20.7M	18.6M	12.7M
Total Liab	45.4M	51.7M	56.5M	50.0M	57.5M	60.4M
Total Current Assets	66.5M	72.0M	80.9M	76.1M	87.5M	91.9M
Short Term Debt	10.7M	12.1M	18.3M	21.9M	25.2M	26.4M
Intangible Assets	2.3M	2.3M	2.0M	1.2M	1.1M	1.0M
Other Assets	3.0M	8.7M	5.8M	5.7M	6.6M	3.3M
Long Term Debt	1.3M	1M	700K	1.4M	1.2M	2.1M
Property Plant Equipment	2.8M	5.7M	4.7M	4.2M	4.9M	2.7M
Current Deferred Revenue	1.8M	3.9M	2.4M	1.9M	1.7M	1.4M
Good Will	3.8M	4.2M	1.7M	1.4M	1.2M	1.9M
Property Plant And Equipment Gross	7.8M	2.8M	4.7M	4.2M	4.9M	2.7M
Accumulated Other Comprehensive Income	(3.9M)	(5.0M)	(4.9M)	(3.3M)	(3.0M)	(3.2M)
Net Tangible Assets	12.4M	16.1M	13.3M	18.7M	21.5M	15.3M

Additional Tools for SPAR Stock Analysis

When running SPAR's price analysis, check to measure SPAR'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 SPAR is operating at the current time. Most of SPAR's value examination focuses on studying past and present price action to predict the probability of SPAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPAR's price. Additionally, you may evaluate how the addition of SPAR to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

SPAR Net Debt vs Asset Turnover Analysis

Net Debt vs Asset Turnover

Net Debt vs Asset Turnover Correlation Analysis

Correlation Coefficient

Net Debt

Asset Turnover

SPAR fundamental ratios Correlations

SPAR Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SPAR fundamental ratios Accounts

Additional Tools for SPAR Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Net Receivables
Net Receivables	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Current Liabilities

Intangible Assets	- 0.93	Common Stock Shares Outstanding
Other Liab	- 0.92	Common Stock Shares Outstanding
Other Liab	- 0.76	Other Stockholder Equity
Intangible Assets	- 0.75	Other Stockholder Equity
Long Term Debt	- 0.72	Common Stock Shares Outstanding
Long Term Debt	- 0.62	Other Stockholder Equity