SPAR Other Assets vs Other Liab Analysis
SGRP Stock | USD 1.95 0.03 1.52% |
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 Other Assets and its Other Liab 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.
Other Assets vs Other Liab
Other Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPAR Group Other Assets account and Other Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SPAR's Other Assets and Other Liab is -0.34. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Liab 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 Other Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of SPAR Group are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Assets i.e., SPAR's Other Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Other Liab
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 02/18/2025, 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 |
SPAR fundamental ratios Correlations
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SPAR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.