Spire Net Interest Income vs Income Before Tax Analysis

SPI Stock

225.50 6.00 2.73%

Spire Healthcare financial indicator trend analysis is much more than just breaking down Spire Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spire Healthcare is a good investment. Please check the relationship between Spire Healthcare Net Interest Income and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Healthcare 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 bureau of economic analysis.

Net Interest Income vs Income Before Tax

Net Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spire Healthcare Net Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Spire Healthcare's Net Interest Income and Income Before Tax is -0.01. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Spire Healthcare Group, assuming nothing else is changed. The correlation between historical values of Spire Healthcare's Net Interest Income and Income Before Tax 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 Interest Income of Spire Healthcare Group are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Interest Income i.e., Spire Healthcare's Net Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Spire Healthcare income statement and is an important metric when analyzing Spire Healthcare profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from Spire Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spire Healthcare 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 Spire Healthcare 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 bureau of economic analysis.

The current year's Selling General Administrative is expected to grow to about 88.2 M, whereas Tax Provision is forecasted to decline to about 3.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	87M	91.5M	93M	72.1M
Depreciation And Amortization	97.1M	97.9M	103.6M	77.8M

Interest Expense Depreciation And Amortization

Spire Healthcare fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	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	Intangible Assets
Total Assets		0.58	0.67	-0.14	-0.25	0.34	0.98	0.58	0.28	0.22	0.99	0.25	0.27	0.22	-0.16	-0.39	0.63	0.6	0.39	-0.2	-0.43	0.57	0.7	-0.03	-0.3	-0.41
Short Long Term Debt Total	0.58		0.59	0.35	-0.91	0.76	0.49	1.0	-0.41	0.44	0.55	0.89	0.81	0.44	0.19	0.03	-0.04	0.91	-0.21	-0.5	-0.83	0.99	0.29	0.12	0.23	0.07
Other Current Liab	0.67	0.59		0.17	-0.41	0.3	0.67	0.57	0.2	0.59	0.57	0.43	0.27	0.59	0.3	-0.63	0.29	0.63	0.5	-0.66	-0.36	0.59	0.8	0.55	-0.06	-0.51
Total Current Liabilities	-0.14	0.35	0.17		-0.4	-0.17	-0.16	0.34	-0.18	0.29	-0.21	0.41	0.0	0.29	0.26	-0.11	-0.71	0.04	0.07	-0.2	0.09	0.28	0.03	0.36	0.97	-0.08
Total Stockholder Equity	-0.25	-0.91	-0.41	-0.4		-0.82	-0.13	-0.91	0.63	-0.38	-0.21	-0.99	-0.91	-0.38	-0.28	-0.21	0.25	-0.85	0.46	0.52	0.85	-0.93	-0.01	-0.17	-0.34	-0.18
Other Liab	0.34	0.76	0.3	-0.17	-0.82		0.23	0.77	-0.57	0.21	0.35	0.82	0.97	0.21	0.09	0.33	0.17	0.88	-0.54	-0.39	-0.97	0.82	0.0	-0.1	-0.21	0.29
Property Plant And Equipment Net	0.98	0.49	0.67	-0.16	-0.13	0.23		0.5	0.42	0.18	0.97	0.15	0.14	0.18	-0.14	-0.51	0.66	0.51	0.51	-0.15	-0.32	0.47	0.76	-0.05	-0.32	-0.44
Net Debt	0.58	1.0	0.57	0.34	-0.91	0.77	0.5		-0.4	0.38	0.56	0.89	0.82	0.38	0.19	0.06	-0.03	0.91	-0.22	-0.48	-0.83	0.99	0.27	0.06	0.23	0.07
Accounts Payable	0.28	-0.41	0.2	-0.18	0.63	-0.57	0.42	-0.4		-0.27	0.29	-0.58	-0.69	-0.27	0.04	-0.66	0.42	-0.32	0.84	0.03	0.52	-0.43	0.63	-0.08	-0.27	-0.62
Cash	0.22	0.44	0.59	0.29	-0.38	0.21	0.18	0.38	-0.27		0.09	0.36	0.26	1.0	0.16	-0.33	-0.13	0.42	0.07	-0.56	-0.24	0.42	0.29	0.85	0.17	0.06
Non Current Assets Total	0.99	0.55	0.57	-0.21	-0.21	0.35	0.97	0.56	0.29	0.09		0.21	0.27	0.09	-0.21	-0.31	0.66	0.57	0.34	-0.12	-0.44	0.54	0.65	-0.18	-0.35	-0.36
Other Assets	0.25	0.89	0.43	0.41	-0.99	0.82	0.15	0.89	-0.58	0.36	0.21		0.88	0.36	0.28	0.15	-0.24	0.84	-0.42	-0.53	-0.83	0.91	0.05	0.17	0.34	0.13
Long Term Debt	0.27	0.81	0.27	0.0	-0.91	0.97	0.14	0.82	-0.69	0.26	0.27	0.88		0.26	0.14	0.4	-0.02	0.87	-0.62	-0.41	-0.96	0.86	-0.1	-0.04	-0.03	0.33
Cash And Short Term Investments	0.22	0.44	0.59	0.29	-0.38	0.21	0.18	0.38	-0.27	1.0	0.09	0.36	0.26		0.16	-0.33	-0.13	0.42	0.07	-0.56	-0.24	0.42	0.29	0.85	0.17	0.06
Net Receivables	-0.16	0.19	0.3	0.26	-0.28	0.09	-0.14	0.19	0.04	0.16	-0.21	0.28	0.14	0.16		-0.15	-0.43	0.24	0.12	-0.38	-0.15	0.21	0.24	0.32	0.17	-0.15
Good Will	-0.39	0.03	-0.63	-0.11	-0.21	0.33	-0.51	0.06	-0.66	-0.33	-0.31	0.15	0.4	-0.33	-0.15		-0.31	0.01	-0.84	0.2	-0.27	0.06	-0.73	-0.5	0.04	0.72
Common Stock Shares Outstanding	0.63	-0.04	0.29	-0.71	0.25	0.17	0.66	-0.03	0.42	-0.13	0.66	-0.24	-0.02	-0.13	-0.43	-0.31		0.2	0.39	0.09	-0.12	0.0	0.49	-0.24	-0.79	-0.34
Non Current Liabilities Total	0.6	0.91	0.63	0.04	-0.85	0.88	0.51	0.91	-0.32	0.42	0.57	0.84	0.87	0.42	0.24	0.01	0.2		-0.2	-0.61	-0.91	0.94	0.36	0.12	-0.09	0.04
Inventory	0.39	-0.21	0.5	0.07	0.46	-0.54	0.51	-0.22	0.84	0.07	0.34	-0.42	-0.62	0.07	0.12	-0.84	0.39	-0.2		-0.01	0.49	-0.25	0.81	0.27	-0.07	-0.77
Other Current Assets	-0.2	-0.5	-0.66	-0.2	0.52	-0.39	-0.15	-0.48	0.03	-0.56	-0.12	-0.53	-0.41	-0.56	-0.38	0.2	0.09	-0.61	-0.01		0.4	-0.51	-0.35	-0.54	-0.06	0.09
Other Stockholder Equity	-0.43	-0.83	-0.36	0.09	0.85	-0.97	-0.32	-0.83	0.52	-0.24	-0.44	-0.83	-0.96	-0.24	-0.15	-0.27	-0.12	-0.91	0.49	0.4		-0.88	-0.07	0.08	0.15	-0.23
Total Liab	0.57	0.99	0.59	0.28	-0.93	0.82	0.47	0.99	-0.43	0.42	0.54	0.91	0.86	0.42	0.21	0.06	0.0	0.94	-0.25	-0.51	-0.88		0.27	0.1	0.16	0.08
Property Plant And Equipment Gross	0.7	0.29	0.8	0.03	-0.01	0.0	0.76	0.27	0.63	0.29	0.65	0.05	-0.1	0.29	0.24	-0.73	0.49	0.36	0.81	-0.35	-0.07	0.27		0.3	-0.18	-0.66
Total Current Assets	-0.03	0.12	0.55	0.36	-0.17	-0.1	-0.05	0.06	-0.08	0.85	-0.18	0.17	-0.04	0.85	0.32	-0.5	-0.24	0.12	0.27	-0.54	0.08	0.1	0.3		0.26	-0.27
Short Term Debt	-0.3	0.23	-0.06	0.97	-0.34	-0.21	-0.32	0.23	-0.27	0.17	-0.35	0.34	-0.03	0.17	0.17	0.04	-0.79	-0.09	-0.07	-0.06	0.15	0.16	-0.18	0.26		0.03
Intangible Assets	-0.41	0.07	-0.51	-0.08	-0.18	0.29	-0.44	0.07	-0.62	0.06	-0.36	0.13	0.33	0.06	-0.15	0.72	-0.34	0.04	-0.77	0.09	-0.23	0.08	-0.66	-0.27	0.03

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Spire Healthcare Account Relationship Matchups

Spire Healthcare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.1B	2.2B	2.2B	2.3B	2.2B
Short Long Term Debt Total	1.2B	1.2B	1.3B	1.2B	1.3B	924.0M
Other Current Liab	61.8M	114.4M	154.8M	119M	139.2M	95.9M
Total Current Liabilities	207.5M	253.9M	302.1M	283.4M	317.6M	201.6M
Total Stockholder Equity	939.9M	706.6M	709.6M	731M	739.9M	649.6M
Other Liab	51.4M	53.9M	57.7M	56.2M	50.6M	65.2M
Property Plant And Equipment Net	1.6B	1.5B	1.6B	1.6B	1.6B	1.4B
Net Debt	1.1B	1.1B	1.1B	1.1B	1.2B	851.9M
Accounts Payable	58.5M	58M	51.7M	67.2M	63.9M	55.9M
Cash	90.8M	106.3M	202.6M	74.2M	49.6M	72.1M
Non Current Assets Total	2.1B	1.9B	1.9B	1.9B	2.1B	2.0B
Long Term Debt	419.1M	418.6M	421.8M	321.4M	361.9M	574.7M
Cash And Short Term Investments	90.8M	106.3M	202.6M	74.2M	49.6M	72.1M
Net Receivables	54.9M	61.4M	83.1M	80.8M	99.7M	63.5M
Common Stock Shares Outstanding	407.3M	400.8M	400.8M	412.0M	413.1M	424.0M
Liabilities And Stockholders Equity	2.3B	2.1B	2.2B	2.2B	2.3B	2.2B
Non Current Liabilities Total	1.1B	1.1B	1.2B	1.2B	1.2B	850.2M
Inventory	32M	37.6M	40.2M	40.6M	44.3M	35.0M
Other Current Assets	20.3M	23.1M	18.4M	19.3M	25.9M	34.7M
Total Liab	1.3B	1.4B	1.5B	1.4B	1.6B	1.1B
Property Plant And Equipment Gross	1.6B	1.5B	2.3B	2.4B	2.5B	1.6B
Total Current Assets	204.5M	250.1M	342M	218.9M	220.6M	254.7M
Accumulated Other Comprehensive Income	375.6M	374M	372.9M	382.7M	379.4M	268.9M
Short Term Debt	79.2M	81.4M	92.5M	95.7M	101.8M	87.7M
Property Plant Equipment	1.6B	1.5B	1.6B	1.6B	1.8B	1.4B
Net Tangible Assets	422.1M	388.8M	374.8M	385.2M	443.0M	350.1M
Retained Earnings	(264.2M)	(496.4M)	(496.1M)	(485.7M)	(472.8M)	(496.4M)
Non Currrent Assets Other	(2.1B)	(1.9B)	4.8M	1.1M	10M	10.5M
Short Long Term Debt	1.7M	2.2M	5.7M	2.9M	3.4M	3.2M
Net Invested Capital	1.4B	1.1B	1.1B	1.1B	1.1B	1.0B
Net Working Capital	6.5M	(3.8M)	44.7M	(63.4M)	(97M)	(92.2M)

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Other Information on Investing in Spire Stock

Balance Sheet is a snapshot of the financial position of Spire Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Spire Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spire Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Spire currently owns. An asset can also be divided into two categories, current and non-current.

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Spire Net Interest Income vs Income Before Tax Analysis

Net Interest Income vs Income Before Tax

Net Interest Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Net Interest Income

Income Before Tax

Spire Healthcare fundamental ratios Correlations

Spire Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spire Healthcare fundamental ratios Accounts

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Other Information on Investing in Spire Stock

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Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Net Debt
Property Plant And Equipment Net	+ 0.98	Total Assets

Other Assets	- 0.99	Total Stockholder Equity
Other Stockholder Equity	- 0.97	Other Liab
Other Stockholder Equity	- 0.96	Long Term Debt
Total Liab	- 0.93	Total Stockholder Equity
Other Stockholder Equity	- 0.91	Non Current Liabilities Total
Long Term Debt	- 0.91	Total Stockholder Equity