Spectrum Free Cash Flow vs Depreciation Analysis

SPB Stock

USD 89.45 1.03 1.14%

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 Free Cash Flow and its Depreciation 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 closely tied with the direction of predictive economic indicators such as signals in american community survey.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spectrum Brands Holdings Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Spectrum Brands' Free Cash Flow and Depreciation is 0.49. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation 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' Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Spectrum Brands Holdings are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Spectrum Brands' Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of Spectrum Brands Holdings value has been used up. For tax purposes Spectrum Brands can deduct the cost of the tangible assets it purchases as business expenses. However, Spectrum Brands Holdings must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

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 closely tied 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 Enterprise Value Over EBITDA is forecasted to decline to (1.38).

	2021	2022	2023	2024 (projected)
Interest Expense	99.4M	127M	58.5M	55.6M
Depreciation And Amortization	99.3M	91.2M	101.8M	85.3M

Interest Expense Depreciation And Amortization

Spectrum Brands 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock Total Equity	Short Term Investments
Total Assets		0.82	0.41	0.42	-0.52	0.45	0.72	-0.7	0.55	0.7	0.56	0.61	0.46	-0.21	0.86	0.46	0.34	0.29	1.0	0.29	0.83	0.6	0.51	0.78	0.05	0.61
Short Long Term Debt Total	0.82		0.36	0.37	-0.57	0.53	0.97	-0.83	0.4	0.6	0.45	0.44	0.33	0.09	0.71	0.72	0.33	0.69	0.83	0.18	0.66	0.52	0.77	0.76	-0.09	0.44
Other Current Liab	0.41	0.36		1.0	-0.28	-0.03	0.45	-0.32	-0.21	-0.03	-0.06	-0.17	-0.17	0.01	-0.11	-0.03	-0.08	0.15	0.41	0.1	0.6	0.49	-0.06	-0.02	0.05	-0.16
Total Current Liabilities	0.42	0.37	1.0		-0.27	-0.03	0.46	-0.32	-0.2	-0.02	-0.05	-0.16	-0.15	0.02	-0.1	-0.02	-0.08	0.16	0.42	0.1	0.6	0.51	-0.04	-0.01	0.03	-0.16
Total Stockholder Equity	-0.52	-0.57	-0.28	-0.27		-0.54	-0.6	0.83	-0.03	-0.44	-0.4	-0.21	-0.11	0.46	-0.47	-0.15	-0.03	-0.3	-0.57	-0.18	-0.39	-0.32	-0.08	-0.25	-0.63	-0.22
Property Plant And Equipment Net	0.45	0.53	-0.03	-0.03	-0.54		0.43	-0.45	0.49	0.27	0.13	0.55	0.04	-0.45	0.53	0.15	0.5	0.14	0.47	0.72	0.41	0.3	0.28	0.48	0.44	0.55
Net Debt	0.72	0.97	0.45	0.46	-0.6	0.43		-0.81	0.15	0.56	0.44	0.22	0.3	0.15	0.55	0.68	0.26	0.72	0.74	0.13	0.56	0.52	0.7	0.62	-0.06	0.23
Retained Earnings	-0.7	-0.83	-0.32	-0.32	0.83	-0.45	-0.81		-0.28	-0.53	-0.44	-0.36	-0.16	0.1	-0.63	-0.48	-0.2	-0.71	-0.74	0.04	-0.57	-0.45	-0.46	-0.51	-0.23	-0.37
Cash	0.55	0.4	-0.21	-0.2	-0.03	0.49	0.15	-0.28		0.23	0.07	0.91	0.08	-0.16	0.71	0.36	0.36	0.1	0.55	0.24	0.58	0.09	0.47	0.73	-0.16	0.89
Non Current Assets Total	0.7	0.6	-0.03	-0.02	-0.44	0.27	0.56	-0.53	0.23		0.97	0.2	0.91	-0.07	0.78	0.47	0.13	0.27	0.7	0.11	0.18	0.6	0.5	0.57	0.04	0.2
Non Currrent Assets Other	0.56	0.45	-0.06	-0.05	-0.4	0.13	0.44	-0.44	0.07	0.97		0.03	0.93	-0.09	0.65	0.36	0.02	0.19	0.57	0.0	0.01	0.55	0.36	0.37	0.09	0.02
Cash And Short Term Investments	0.61	0.44	-0.17	-0.16	-0.21	0.55	0.22	-0.36	0.91	0.2	0.03		0.0	-0.32	0.77	0.31	0.54	0.07	0.62	0.31	0.69	-0.01	0.38	0.76	0.04	1.0
Net Receivables	0.46	0.33	-0.17	-0.15	-0.11	0.04	0.3	-0.16	0.08	0.91	0.93	0.0		0.06	0.57	0.38	0.01	0.05	0.44	0.1	-0.09	0.51	0.42	0.4	-0.14	-0.01
Common Stock Shares Outstanding	-0.21	0.09	0.01	0.02	0.46	-0.45	0.15	0.1	-0.16	-0.07	-0.09	-0.32	0.06		-0.26	0.54	-0.14	0.52	-0.22	-0.46	-0.23	0.08	0.46	0.09	-0.84	-0.33
Non Current Liabilities Total	0.86	0.71	-0.11	-0.1	-0.47	0.53	0.55	-0.63	0.71	0.78	0.65	0.77	0.57	-0.26		0.53	0.41	0.26	0.86	0.25	0.57	0.37	0.59	0.85	0.07	0.76
Inventory	0.46	0.72	-0.03	-0.02	-0.15	0.15	0.68	-0.48	0.36	0.47	0.36	0.31	0.38	0.54	0.53		0.21	0.65	0.48	-0.15	0.28	0.25	0.92	0.67	-0.58	0.31
Other Current Assets	0.34	0.33	-0.08	-0.08	-0.03	0.5	0.26	-0.2	0.36	0.13	0.02	0.54	0.01	-0.14	0.41	0.21		0.21	0.34	0.36	0.38	0.14	0.27	0.4	0.07	0.54
Other Stockholder Equity	0.29	0.69	0.15	0.16	-0.3	0.14	0.72	-0.71	0.1	0.27	0.19	0.07	0.05	0.52	0.26	0.65	0.21		0.32	-0.33	0.21	0.3	0.66	0.39	-0.29	0.07
Total Liab	1.0	0.83	0.41	0.42	-0.57	0.47	0.74	-0.74	0.55	0.7	0.57	0.62	0.44	-0.22	0.86	0.48	0.34	0.32		0.27	0.83	0.59	0.52	0.77	0.08	0.62
Property Plant And Equipment Gross	0.29	0.18	0.1	0.1	-0.18	0.72	0.13	0.04	0.24	0.11	0.0	0.31	0.1	-0.46	0.25	-0.15	0.36	-0.33	0.27		0.3	0.29	0.01	0.33	0.3	0.31
Total Current Assets	0.83	0.66	0.6	0.6	-0.39	0.41	0.56	-0.57	0.58	0.18	0.01	0.69	-0.09	-0.23	0.57	0.28	0.38	0.21	0.83	0.3		0.36	0.32	0.63	0.04	0.69
Short Term Debt	0.6	0.52	0.49	0.51	-0.32	0.3	0.52	-0.45	0.09	0.6	0.55	-0.01	0.51	0.08	0.37	0.25	0.14	0.3	0.59	0.29	0.36		0.3	0.34	0.01	-0.02
Accounts Payable	0.51	0.77	-0.06	-0.04	-0.08	0.28	0.7	-0.46	0.47	0.5	0.36	0.38	0.42	0.46	0.59	0.92	0.27	0.66	0.52	0.01	0.32	0.3		0.75	-0.55	0.37
Intangible Assets	0.78	0.76	-0.02	-0.01	-0.25	0.48	0.62	-0.51	0.73	0.57	0.37	0.76	0.4	0.09	0.85	0.67	0.4	0.39	0.77	0.33	0.63	0.34	0.75		-0.28	0.75
Common Stock Total Equity	0.05	-0.09	0.05	0.03	-0.63	0.44	-0.06	-0.23	-0.16	0.04	0.09	0.04	-0.14	-0.84	0.07	-0.58	0.07	-0.29	0.08	0.3	0.04	0.01	-0.55	-0.28		0.06
Short Term Investments	0.61	0.44	-0.16	-0.16	-0.22	0.55	0.23	-0.37	0.89	0.2	0.02	1.0	-0.01	-0.33	0.76	0.31	0.54	0.07	0.62	0.31	0.69	-0.02	0.37	0.75	0.06

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Spectrum Brands Account Relationship Matchups

Spectrum Brands fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.1B	5.3B	5.8B	5.3B	3.8B	7.1B
Short Long Term Debt Total	2.6B	2.6B	3.2B	1.7B	638.4M	606.5M
Other Current Liab	520.4M	763.5M	681.4M	218.2M	264.8M	251.6M
Total Current Liabilities	944.9M	1.2B	1.2B	764.8M	687.1M	1.2B
Total Stockholder Equity	1.4B	1.5B	1.3B	2.5B	2.1B	2.2B
Property Plant And Equipment Net	500.3M	316.7M	346.3M	385.9M	368.5M	333.5M
Net Debt	2.0B	2.4B	3.0B	897.2M	269.5M	256.0M
Retained Earnings	243.9M	359.9M	362.1M	2.1B	2.2B	2.3B
Cash	531.6M	187.9M	243.7M	753.9M	368.9M	326.6M
Non Current Assets Total	3.4B	2.4B	2.5B	2.3B	2.3B	3.6B
Non Currrent Assets Other	(17.1M)	38.8M	(21.8M)	31.8M	39.9M	37.9M
Cash And Short Term Investments	531.6M	187.9M	243.7M	1.9B	368.9M	350.5M
Net Receivables	299.8M	312.1M	343.1M	561.6M	706.1M	741.4M
Common Stock Shares Outstanding	44.7M	43.2M	40.9M	39.5M	30.5M	32.0M
Liabilities And Stockholders Equity	5.1B	5.3B	5.8B	5.3B	3.8B	7.1B
Non Current Liabilities Total	2.7B	2.7B	3.3B	2.0B	1.0B	962.8M
Inventory	557.7M	562.8M	780.6M	462.8M	462.1M	260.0M
Other Current Assets	578.1M	1.9B	1.9B	44.3M	41.5M	39.4M
Other Stockholder Equity	1.4B	1.3B	1.2B	670.5M	175.4M	166.6M
Total Liab	3.7B	3.9B	4.5B	2.7B	1.7B	1.6B
Property Plant And Equipment Gross	500.3M	316.7M	346.3M	385.9M	836.6M	878.4M
Total Current Assets	1.7B	2.9B	3.2B	2.9B	1.6B	1.5B
Accumulated Other Comprehensive Income	(284.7M)	(235.3M)	(303.1M)	(249.4M)	(204M)	(193.8M)
Short Term Debt	29M	12.0M	38.1M	35.5M	32.0M	60.4M
Accounts Payable	362.5M	388.6M	453.1M	396.6M	397.3M	199.0M
Intangible Assets	1.4B	1.2B	1.2B	1.1B	990.4M	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	551.4M	523.8M
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	864.9M	1.1B

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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:

How To Invest In Spectrum

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Is Spectrum Stock a good investment?

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What is Spectrum Brands' Net Worth?

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Largest Household Products Companies

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Largest Household & Personal Products Companies

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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 closely tied with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Is Household Products space 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

(0.99)

Earnings Share

3.26

Revenue Per Share

90.951

Quarterly Revenue Growth

0.06

Return On Assets

0.0154

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.

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Spectrum Free Cash Flow vs Depreciation Analysis

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Depreciation

Spectrum Brands fundamental ratios Correlations

Spectrum Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spectrum Brands fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Short Term Investments	+ 1.0	Cash And Short Term Investments
Net Debt	+ 0.97	Short Long Term Debt Total
Non Currrent Assets Other	+ 0.97	Non Current Assets Total
Net Receivables	+ 0.93	Non Currrent Assets Other

Common Stock Total Equity	- 0.84	Common Stock Shares Outstanding
Retained Earnings	- 0.83	Short Long Term Debt Total
Retained Earnings	- 0.81	Net Debt
Total Liab	- 0.74	Retained Earnings
Other Stockholder Equity	- 0.71	Retained Earnings
Retained Earnings	- 0.7	Total Assets