SPGI Roic vs Interest Coverage Analysis

SPGI Stock  USD 494.19  5.38  1.08%   
SP Global financial indicator trend analysis is much more than just breaking down SP Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SP Global is a good investment. Please check the relationship between SP Global Roic and its Interest Coverage accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.

Roic vs Interest Coverage

JavaScript chart by amCharts 3.21.1520162018202020222024-0.30-0.25-0.20-0.15-0.10-0.0500.050.100.150.200.250.300.350.400.450.500.550.60 24681012141618202224262830323436
JavaScript chart by amCharts 3.21.15Roictotal: 3.426579485032335Interest Coveragetotal: 204.3522335401728

Roic vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SP Global Roic account and Interest Coverage. At this time, the significance of the direction appears to have strong relationship.
RoicInterest CoverageDiversified AwayRoicInterest CoverageDiversified Away100%
The correlation between SP Global's Roic and Interest Coverage is 0.77. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of SP Global, assuming nothing else is changed. The correlation between historical values of SP Global's Roic and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of SP Global are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Roic i.e., SP Global's Roic and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Interest Coverage

Most indicators from SP Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SP Global 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 SP Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.As of now, SP Global's Enterprise Value Over EBITDA is increasing as compared to previous years. The SP Global's current Enterprise Value Multiple is estimated to increase to 27.75, while Selling General Administrative is projected to decrease to under 2 B.
 2022 2023 2024 2025 (projected)
Interest Expense304M334M384.1M403.3M
Depreciation And Amortization1.0B1.1B1.3B1.4B

SP Global fundamental ratios Correlations

0.980.670.930.990.440.970.89-0.211.00.69-0.20.960.130.99-0.15-0.040.910.990.510.181.00.950.750.390.4
0.980.590.910.950.510.960.95-0.090.970.75-0.080.98-0.011.0-0.29-0.030.820.990.590.130.960.910.790.340.34
0.670.590.820.670.090.590.57-0.140.660.29-0.140.62-0.080.620.040.150.620.670.410.330.670.690.420.620.62
0.930.910.820.90.460.860.91-0.040.910.7-0.040.94-0.140.92-0.160.080.760.950.660.360.910.930.740.540.54
0.990.950.670.90.380.970.84-0.31.00.63-0.30.920.230.97-0.07-0.040.950.960.420.191.00.940.710.40.4
0.440.510.090.460.380.380.610.350.410.820.350.54-0.220.49-0.380.040.220.490.620.050.390.380.61-0.09-0.09
0.970.960.590.860.970.380.83-0.370.980.61-0.370.920.20.96-0.070.010.910.950.350.170.980.930.720.40.4
0.890.950.570.910.840.610.830.180.870.850.180.98-0.280.94-0.450.010.640.940.780.180.850.850.80.310.31
-0.21-0.09-0.14-0.04-0.30.35-0.370.18-0.270.311.0-0.02-0.67-0.12-0.68-0.14-0.51-0.110.69-0.15-0.29-0.290.06-0.27-0.28
1.00.970.660.911.00.410.980.87-0.270.66-0.260.950.180.98-0.12-0.030.930.980.460.181.00.950.740.40.4
0.690.750.290.70.630.820.610.850.310.660.320.79-0.230.74-0.440.070.440.740.740.280.630.660.690.10.1
-0.2-0.08-0.14-0.04-0.30.35-0.370.181.0-0.260.32-0.01-0.67-0.12-0.68-0.14-0.5-0.10.7-0.15-0.29-0.290.06-0.27-0.27
0.960.980.620.940.920.540.920.98-0.020.950.79-0.01-0.110.98-0.31-0.020.760.980.650.180.930.930.840.340.35
0.13-0.01-0.08-0.140.23-0.220.2-0.28-0.670.18-0.23-0.67-0.110.030.57-0.30.49-0.01-0.55-0.150.20.1-0.07-0.16-0.16
0.991.00.620.920.970.490.960.94-0.120.980.74-0.120.980.03-0.25-0.030.851.00.570.140.980.920.780.350.36
-0.15-0.290.04-0.16-0.07-0.38-0.07-0.45-0.68-0.12-0.44-0.68-0.310.57-0.25-0.10.12-0.24-0.560.3-0.10.02-0.170.170.17
-0.04-0.030.150.08-0.040.040.010.01-0.14-0.030.07-0.14-0.02-0.3-0.03-0.1-0.04-0.01-0.10.48-0.020.0-0.320.510.5
0.910.820.620.760.950.220.910.64-0.510.930.44-0.50.760.490.850.12-0.040.840.180.180.940.850.540.390.39
0.990.990.670.950.960.490.950.94-0.110.980.74-0.10.98-0.011.0-0.24-0.010.840.60.190.970.940.780.40.4
0.510.590.410.660.420.620.350.780.690.460.740.70.65-0.550.57-0.56-0.10.180.60.150.440.430.560.10.1
0.180.130.330.360.190.050.170.18-0.150.180.28-0.150.18-0.150.140.30.480.180.190.150.180.32-0.050.670.66
1.00.960.670.911.00.390.980.85-0.291.00.63-0.290.930.20.98-0.1-0.020.940.970.440.180.940.720.410.41
0.950.910.690.930.940.380.930.85-0.290.950.66-0.290.930.10.920.020.00.850.940.430.320.940.790.50.5
0.750.790.420.740.710.610.720.80.060.740.690.060.84-0.070.78-0.17-0.320.540.780.56-0.050.720.790.090.09
0.390.340.620.540.4-0.090.40.31-0.270.40.1-0.270.34-0.160.350.170.510.390.40.10.670.410.50.091.0
0.40.340.620.540.4-0.090.40.31-0.280.40.1-0.270.35-0.160.360.170.50.390.40.10.660.410.50.091.0
Click cells to compare fundamentals

SP Global Account Relationship Matchups

SP Global fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets12.5B15.0B61.8B60.6B69.7B73.2B
Short Long Term Debt Total4.7B4.6B11.5B12B13.8B14.5B
Other Current Liab1.0B1.2B2.0B1.9B2.2B2.3B
Total Current Liabilities3.6B3.8B6.0B6.1B7.0B7.4B
Total Stockholder Equity571M2.1B36.5B34.2B39.3B41.3B
Property Plant And Equipment Net778M667M720M637M732.6M463.7M
Net Debt532M(1.9B)10.2B10.7B12.3B12.9B
Retained Earnings13.4B15.0B17.8B18.7B21.5B22.6B
Cash4.1B6.5B1.3B1.3B1.5B1.0B
Non Current Assets Total6.5B6.2B56.1B55.4B63.8B67.0B
Non Currrent Assets Other684M758M794M774M890.1M629.2M
Cash And Short Term Investments4.1B6.5B1.3B1.3B1.5B1.0B
Net Receivables1.6B1.7B2.5B2.8B3.2B3.4B
Common Stock Shares Outstanding242.1M241.8M318.5M318.9M287.0M275.8M
Liabilities And Stockholders Equity12.5B15.0B61.8B60.6B69.7B73.2B
Non Current Liabilities Total5.6B5.7B16.0B16.4B18.8B19.8B
Inventory(1.6B)(1.7B)(1.2B)(922M)(829.8M)(788.3M)
Other Current Assets278M652M1.9B1.0B1.2B647.0M
Other Stockholder Equity(12.5B)(12.4B)19.1B15.8B14.2B14.9B
Total Liab9.2B9.5B22.0B22.5B25.9B27.2B
Total Current Assets6.0B8.8B5.7B5.1B5.9B6.2B
Short Term Debt184M186M344M273M314.0M174.8M
Intangible Assets1.4B1.3B18.3B17.4B20.0B21.0B
Accounts Payable233M205M450M557M640.6M672.6M
Property Plant And Equipment Gross871M861M297M1.4B1.6B1.7B
Accumulated Other Comprehensive Income(637M)(841M)(886M)(763M)(686.7M)(652.4M)
Other Liab883M944M1.1B4.7B5.4B5.7B
Other Assets558M591M758M580M522M503.2M
Long Term Debt4.1B4.1B10.7B11.4B13.1B13.8B
Treasury Stock(11.0B)(12.3B)(13.5B)(13.5B)(12.1B)(11.5B)
Property Plant Equipment320M284M241M297M267.3M324.5M
Current Deferred Revenue2.2B2.2B3.1B3.5B4.0B4.2B
Good Will3.7B3.5B34.5B34.9B40.1B42.1B
Net Tangible Assets(2.3B)(1.8B)670M(13.2B)(11.9B)(11.3B)
Retained Earnings Total Equity12.2B13.4B15.0B17.8B20.5B10.9B
Short Term Investments9M11M14M26M23.4M12.3M

Currently Active Assets on Macroaxis

When determining whether SP Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Global's 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 Sp Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Global Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Financial Exchanges & Data 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 SP Global. If investors know SPGI 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 SP Global 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
0.335
Dividend Share
3.63
Earnings Share
11.34
Revenue Per Share
43.945
Quarterly Revenue Growth
0.159
The market value of SP Global is measured differently than its book value, which is the value of SPGI that is recorded on the company's balance sheet. Investors also form their own opinion of SP Global's value that differs from its market value or its book value, called intrinsic value, which is SP Global's 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 SP Global's market value can be influenced by many factors that don't directly affect SP Global's 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 SP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Global's 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.