SPAR Property Plant And Equipment Net vs Retained Earnings 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 Property Plant And Equipment Net and its Retained Earnings 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.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPAR Group Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between SPAR's Property Plant And Equipment Net and Retained Earnings is 0.76. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings 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 Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of SPAR Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., SPAR's Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Revenue261.3M262.7M302.2M317.3M
Depreciation And Amortization2.7M901K1.0M1.9M

SPAR fundamental ratios Correlations

0.930.750.980.890.850.620.90.950.820.780.750.820.990.5-0.040.870.610.991.00.9-0.430.75-0.430.6-0.36
0.930.530.910.90.810.840.860.880.630.570.620.630.940.43-0.030.910.490.910.950.98-0.320.8-0.290.43-0.23
0.750.530.780.430.630.140.550.750.830.780.80.830.740.33-0.020.460.630.790.730.5-0.310.41-0.350.63-0.36
0.980.910.780.810.830.610.820.980.80.730.790.80.990.46-0.170.850.60.990.980.9-0.410.7-0.40.51-0.43
0.890.90.430.810.710.680.930.80.640.640.580.640.860.610.00.820.560.820.880.85-0.520.82-0.490.58-0.31
0.850.810.630.830.710.50.760.860.750.690.550.750.830.30.10.690.380.850.840.76-0.240.57-0.230.4-0.22
0.620.840.140.610.680.50.550.610.140.150.290.140.680.26-0.030.750.270.610.660.84-0.120.7-0.060.04-0.02
0.90.860.550.820.930.760.550.790.770.770.670.770.850.430.150.780.50.850.880.79-0.320.7-0.320.75-0.14
0.950.880.750.980.80.860.610.790.750.710.760.750.970.46-0.130.780.590.970.960.87-0.410.69-0.40.43-0.42
0.820.630.830.80.640.750.140.770.750.890.81.00.770.49-0.030.60.670.810.790.59-0.410.58-0.430.8-0.4
0.780.570.780.730.640.690.150.770.710.890.670.890.710.560.170.450.70.760.720.47-0.470.55-0.530.83-0.32
0.750.620.80.790.580.550.290.670.760.80.670.80.750.33-0.240.580.650.770.750.64-0.260.55-0.260.66-0.38
0.820.630.830.80.640.750.140.770.751.00.890.80.770.49-0.030.60.670.810.790.59-0.410.58-0.430.8-0.4
0.990.940.740.990.860.830.680.850.970.770.710.750.770.48-0.080.880.610.991.00.92-0.410.75-0.40.51-0.37
0.50.430.330.460.610.30.260.430.460.490.560.330.490.48-0.240.350.850.440.480.38-0.930.73-0.920.42-0.72
-0.04-0.03-0.02-0.170.00.1-0.030.15-0.13-0.030.17-0.24-0.03-0.08-0.24-0.12-0.19-0.07-0.08-0.230.31-0.150.240.260.76
0.870.910.460.850.820.690.750.780.780.60.450.580.60.880.35-0.120.440.840.90.92-0.250.75-0.20.38-0.21
0.610.490.630.60.560.380.270.50.590.670.70.650.670.610.85-0.190.440.590.60.45-0.750.7-0.760.58-0.62
0.990.910.790.990.820.850.610.850.970.810.760.770.810.990.44-0.070.840.590.990.89-0.380.7-0.380.54-0.36
1.00.950.730.980.880.840.660.880.960.790.720.750.791.00.48-0.080.90.60.990.92-0.410.76-0.390.55-0.36
0.90.980.50.90.850.760.840.790.870.590.470.640.590.920.38-0.230.920.450.890.92-0.290.78-0.240.34-0.32
-0.43-0.32-0.31-0.41-0.52-0.24-0.12-0.32-0.41-0.41-0.47-0.26-0.41-0.41-0.930.31-0.25-0.75-0.38-0.41-0.29-0.510.99-0.30.8
0.750.80.410.70.820.570.70.70.690.580.550.550.580.750.73-0.150.750.70.70.760.78-0.51-0.460.47-0.38
-0.43-0.29-0.35-0.4-0.49-0.23-0.06-0.32-0.4-0.43-0.53-0.26-0.43-0.4-0.920.24-0.2-0.76-0.38-0.39-0.240.99-0.46-0.340.77
0.60.430.630.510.580.40.040.750.430.80.830.660.80.510.420.260.380.580.540.550.34-0.30.47-0.34-0.08
-0.36-0.23-0.36-0.43-0.31-0.22-0.02-0.14-0.42-0.4-0.32-0.38-0.4-0.37-0.720.76-0.21-0.62-0.36-0.36-0.320.8-0.380.77-0.08
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SPAR Account Relationship Matchups

SPAR fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets84.0M89.0M94.6M90.3M103.8M109.0M
Short Long Term Debt Total13.2M13.5M20.3M23.4M26.9M28.2M
Other Current Liab29.6M22.9M32.1M15.6M17.9M13.4M
Total Current Liabilities42.9M50.2M54.6M48.6M55.8M58.6M
Total Stockholder Equity22.2M19.8M22.4M28.2M32.5M34.1M
Property Plant And Equipment Net5.7M4.7M4.2M5.2M6.0M6.3M
Net Debt(2.7M)50K11.0M12.6M14.5M15.3M
Retained Earnings9.2M7.4M6.7M10.6M12.2M12.8M
Accounts Payable7.9M8.9M10.6M9.5M10.9M11.5M
Cash16.0M13.5M9.3M10.7M12.3M6.8M
Non Current Assets Total17.5M17.0M13.7M14.2M16.3M11.1M
Non Currrent Assets Other1.6M1.4M1.9M1.7M1.6M968.9K
Cash And Short Term Investments16.0M13.5M9.3M10.7M12.3M6.8M
Net Receivables46.9M54.2M63.7M56.6M65.1M68.4M
Common Stock Shares Outstanding21.2M21.3M22.1M24.5M28.1M20.0M
Liabilities And Stockholders Equity84.0M89.0M94.6M90.3M103.8M109.0M
Non Current Liabilities Total2.5M1.5M2.0M1.5M1.3M2.2M
Other Current Assets3.6M8.8M7.9M8.7M10.1M10.6M
Other Stockholder Equity16.6M17.1M20.4M20.7M18.6M12.7M
Total Liab45.4M51.7M56.5M50.0M57.5M60.4M
Total Current Assets66.5M72.0M80.9M76.1M87.5M91.9M
Short Term Debt10.7M12.1M18.3M21.9M25.2M26.4M
Intangible Assets2.3M2.3M2.0M1.2M1.1M1.0M
Other Assets3.0M8.7M5.8M5.7M6.6M3.3M
Long Term Debt1.3M1M700K1.4M1.2M2.1M
Property Plant Equipment2.8M5.7M4.7M4.2M4.9M2.7M
Current Deferred Revenue1.8M3.9M2.4M1.9M1.7M1.4M
Good Will3.8M4.2M1.7M1.4M1.2M1.9M
Property Plant And Equipment Gross7.8M2.8M4.7M4.2M4.9M2.7M
Accumulated Other Comprehensive Income(3.9M)(5.0M)(4.9M)(3.3M)(3.0M)(3.2M)
Net Tangible Assets12.4M16.1M13.3M18.7M21.5M15.3M

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.