Spirent Net Debt vs Non Current Liabilities Total Analysis

SPT Stock

172.00 1.00 0.58%

Spirent Communications financial indicator trend analysis is much more than just breaking down Spirent Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spirent Communications is a good investment. Please check the relationship between Spirent Communications Net Debt and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirent Communications plc. 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 Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spirent Communications Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Spirent Communications' Net Debt and Non Current Liabilities Total is 0.15. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Spirent Communications plc, assuming nothing else is changed. The correlation between historical values of Spirent Communications' Net Debt and Non Current Liabilities Total 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 Debt of Spirent Communications plc are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Spirent Communications' Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

Most indicators from Spirent Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spirent Communications 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 Spirent Communications plc. 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 87.6 M, whereas Tax Provision is projected to grow to (2.5 M).

	2022	2023	2024	2025 (projected)
Gross Profit	437.1M	343.6M	309.2M	309.1M
Total Revenue	607.5M	474.3M	545.4M	616.2M

Gross Profit Total Revenue

Spirent Communications fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.29	0.84	0.92	0.96	0.06	-0.68	-0.5	0.96	0.39	0.61	0.79	-0.08	0.81	0.59	0.68	0.87	0.85	-0.85	0.64	0.31	-0.03	0.24	0.87	0.31	0.86
Short Long Term Debt Total	0.29		0.4	0.15	0.47	0.51	-0.84	-0.53	0.4	-0.09	0.4	0.34	-0.44	-0.07	0.34	0.13	0.49	0.44	-0.63	-0.3	-0.46	0.16	0.47	0.11	-0.49	0.28
Other Current Liab	0.84	0.4		0.91	0.81	0.31	-0.78	-0.41	0.79	0.26	0.48	0.68	-0.39	0.73	0.41	0.78	0.63	0.63	-0.85	0.45	-0.05	-0.32	-0.02	0.88	0.14	0.71
Total Current Liabilities	0.92	0.15	0.91		0.81	0.1	-0.59	-0.33	0.81	0.49	0.46	0.67	-0.2	0.88	0.43	0.78	0.68	0.72	-0.78	0.68	0.27	-0.27	-0.06	0.95	0.36	0.79
Total Stockholder Equity	0.96	0.47	0.81	0.81		0.12	-0.79	-0.68	0.99	0.33	0.73	0.79	-0.15	0.63	0.7	0.55	0.91	0.84	-0.88	0.42	0.2	0.13	0.44	0.76	0.11	0.87
Property Plant And Equipment Net	0.06	0.51	0.31	0.1	0.12		-0.42	-0.13	0.11	-0.06	0.09	0.15	-0.72	-0.07	0.04	0.26	-0.1	-0.19	-0.16	-0.06	-0.8	-0.34	-0.15	0.24	-0.54	-0.01
Current Deferred Revenue	-0.68	-0.84	-0.78	-0.59	-0.79	-0.42		0.63	-0.73	-0.16	-0.58	-0.65	0.41	-0.37	-0.51	-0.47	-0.72	-0.66	0.92	-0.08	0.2	-0.04	-0.4	-0.58	0.18	-0.62
Net Debt	-0.5	-0.53	-0.41	-0.33	-0.68	-0.13	0.63		-0.68	-0.16	-0.97	-0.2	0.24	-0.13	-0.95	0.01	-0.55	-0.47	0.57	0.15	0.02	-0.5	-0.73	-0.31	0.42	-0.79
Retained Earnings	0.96	0.4	0.79	0.81	0.99	0.11	-0.73	-0.68		0.35	0.74	0.77	-0.14	0.65	0.72	0.55	0.88	0.8	-0.83	0.47	0.22	0.13	0.42	0.78	0.12	0.88
Accounts Payable	0.39	-0.09	0.26	0.49	0.33	-0.06	-0.16	-0.16	0.35		0.21	0.25	-0.05	0.32	0.21	0.22	0.31	0.32	-0.34	0.21	0.46	0.03	0.04	0.42	0.15	0.39
Cash	0.61	0.4	0.48	0.46	0.73	0.09	-0.58	-0.97	0.74	0.21		0.22	-0.18	0.3	0.99	0.09	0.57	0.52	-0.58	0.04	0.06	0.43	0.65	0.44	-0.28	0.89
Non Current Assets Total	0.79	0.34	0.68	0.67	0.79	0.15	-0.65	-0.2	0.77	0.25	0.22		-0.02	0.56	0.17	0.61	0.78	0.65	-0.75	0.51	0.18	-0.1	0.18	0.67	0.38	0.43
Non Currrent Assets Other	-0.08	-0.44	-0.39	-0.2	-0.15	-0.72	0.41	0.24	-0.14	-0.05	-0.18	-0.02		0.1	-0.14	-0.33	0.08	0.13	0.18	0.25	0.63	0.42	0.22	-0.22	0.62	-0.12
Other Assets	0.81	-0.07	0.73	0.88	0.63	-0.07	-0.37	-0.13	0.65	0.32	0.3	0.56	0.1		0.29	0.71	0.53	0.63	-0.6	0.86	0.39	-0.18	-0.08	0.89	0.56	0.66
Cash And Short Term Investments	0.59	0.34	0.41	0.43	0.7	0.04	-0.51	-0.95	0.72	0.21	0.99	0.17	-0.14	0.29		0.05	0.56	0.52	-0.52	0.06	0.11	0.45	0.64	0.41	-0.26	0.89
Net Receivables	0.68	0.13	0.78	0.78	0.55	0.26	-0.47	0.01	0.55	0.22	0.09	0.61	-0.33	0.71	0.05		0.38	0.42	-0.53	0.65	-0.09	-0.63	-0.4	0.8	0.31	0.41
Common Stock Total Equity	0.87	0.49	0.63	0.68	0.91	-0.1	-0.72	-0.55	0.88	0.31	0.57	0.78	0.08	0.53	0.56	0.38		0.95	-0.86	0.36	0.4	0.22	0.5	0.56	0.27	0.73
Common Stock Shares Outstanding	0.85	0.44	0.63	0.72	0.84	-0.19	-0.66	-0.47	0.8	0.32	0.52	0.65	0.13	0.63	0.52	0.42	0.95		-0.85	0.42	0.44	0.18	0.41	0.57	0.34	0.75
Short Term Investments	-0.85	-0.63	-0.85	-0.78	-0.88	-0.16	0.92	0.57	-0.83	-0.34	-0.58	-0.75	0.18	-0.6	-0.52	-0.53	-0.86	-0.85		-0.31	-0.14	-0.06	-0.37	-0.72	-0.14	-0.75
Non Current Liabilities Total	0.64	-0.3	0.45	0.68	0.42	-0.06	-0.08	0.15	0.47	0.21	0.04	0.51	0.25	0.86	0.06	0.65	0.36	0.42	-0.31		0.39	-0.28	-0.25	0.75	0.66	0.41
Inventory	0.31	-0.46	-0.05	0.27	0.2	-0.8	0.2	0.02	0.22	0.46	0.06	0.18	0.63	0.39	0.11	-0.09	0.4	0.44	-0.14	0.39		0.33	0.19	0.17	0.66	0.29
Other Current Assets	-0.03	0.16	-0.32	-0.27	0.13	-0.34	-0.04	-0.5	0.13	0.03	0.43	-0.1	0.42	-0.18	0.45	-0.63	0.22	0.18	-0.06	-0.28	0.33		0.91	-0.28	-0.21	0.22
Other Stockholder Equity	0.24	0.47	-0.02	-0.06	0.44	-0.15	-0.4	-0.73	0.42	0.04	0.65	0.18	0.22	-0.08	0.64	-0.4	0.5	0.41	-0.37	-0.25	0.19	0.91		-0.08	-0.28	0.44
Total Liab	0.87	0.11	0.88	0.95	0.76	0.24	-0.58	-0.31	0.78	0.42	0.44	0.67	-0.22	0.89	0.41	0.8	0.56	0.57	-0.72	0.75	0.17	-0.28	-0.08		0.31	0.74
Property Plant And Equipment Gross	0.31	-0.49	0.14	0.36	0.11	-0.54	0.18	0.42	0.12	0.15	-0.28	0.38	0.62	0.56	-0.26	0.31	0.27	0.34	-0.14	0.66	0.66	-0.21	-0.28	0.31		0.05
Total Current Assets	0.86	0.28	0.71	0.79	0.87	-0.01	-0.62	-0.79	0.88	0.39	0.89	0.43	-0.12	0.66	0.89	0.41	0.73	0.75	-0.75	0.41	0.29	0.22	0.44	0.74	0.05

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Spirent Communications Account Relationship Matchups

Spirent Communications fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	649.8M	691.3M	705.3M	583.8M	671.4M	739.4M
Short Long Term Debt Total	28.2M	29.8M	22.1M	21.4M	24.6M	23.4M
Other Current Liab	129.9M	145.1M	137.2M	115M	132.3M	106.2M
Total Current Liabilities	155.2M	176.7M	190.4M	149M	171.4M	173.9M
Total Stockholder Equity	442.8M	447.5M	465.2M	375.8M	432.2M	438.5M
Property Plant And Equipment Net	49.1M	49.7M	40.1M	33M	29.7M	28.2M
Net Debt	(213M)	(145M)	(187.5M)	(86.7M)	(78.0M)	(74.1M)
Retained Earnings	345.7M	350.7M	376.6M	284.3M	326.9M	343.3M
Cash	241.2M	174.8M	209.6M	108.1M	124.3M	114.1M
Non Current Assets Total	209M	257.9M	242.1M	296.5M	266.9M	271.5M
Non Currrent Assets Other	(209M)	(257.9M)	(242.1M)	56.9M	51.2M	53.8M
Other Assets	41.2M	43.8M	64.8M	49.7M	57.2M	60.0M
Cash And Short Term Investments	241.2M	174.8M	209.6M	108.1M	124.3M	137.5M
Net Receivables	118.4M	149.2M	142.4M	113.3M	130.3M	136.8M
Common Stock Shares Outstanding	615.8M	613.5M	610.7M	590.8M	679.4M	717.0M
Liabilities And Stockholders Equity	649.8M	691.3M	705.3M	583.8M	671.4M	737.6M
Non Current Liabilities Total	51.8M	67.1M	49.7M	59M	53.1M	83.2M
Inventory	22.3M	26M	39.8M	43.5M	39.2M	53.3M
Other Current Assets	15.1M	18.6M	21.7M	22.4M	20.2M	19.2M
Other Stockholder Equity	27.6M	27.2M	24.4M	25.7M	23.1M	22.0M
Total Liab	207M	243.8M	240.1M	208M	187.2M	209.7M
Property Plant And Equipment Gross	49.1M	49.7M	40.1M	217.3M	195.6M	205.3M
Total Current Assets	397M	368.6M	413.5M	287.3M	330.4M	355.5M
Short Term Debt	8.2M	8.4M	7.1M	10.7M	9.6M	9.1M
Accumulated Other Comprehensive Income	41.6M	42.1M	39.5M	41.2M	47.4M	49.7M
Intangible Assets	2.4M	24.2M	18.9M	19.3M	17.4M	16.5M
Other Liab	23.5M	31.8M	45.7M	34.7M	31.2M	24.9M
Good Will	157.5M	184M	183.1M	187.3M	168.6M	192.4M
Property Plant Equipment	55.5M	49.1M	49.7M	40.1M	36.1M	42.7M
Net Tangible Assets	242M	282.9M	239.3M	263.2M	302.7M	179.9M

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Balance Sheet is a snapshot of the financial position of Spirent Communications at a specified time, usually calculated after every quarter, six months, or one year. Spirent Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spirent Communications 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 Spirent currently owns. An asset can also be divided into two categories, current and non-current.

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Spirent Net Debt vs Non Current Liabilities Total Analysis

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Net Debt

Non Current Liabilities Total

Spirent Communications fundamental ratios Correlations

Spirent Communications Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spirent Communications fundamental ratios Accounts

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Other Information on Investing in Spirent Stock

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COMPANY

Retained Earnings	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Cash
Total Stockholder Equity	+ 0.96	Total Assets
Retained Earnings	+ 0.96	Total Assets
Total Liab	+ 0.95	Total Current Liabilities
Common Stock Shares Outstanding	+ 0.95	Common Stock Total Equity

Cash	- 0.97	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt
Short Term Investments	- 0.88	Total Stockholder Equity
Short Term Investments	- 0.86	Common Stock Total Equity
Short Term Investments	- 0.85	Common Stock Shares Outstanding
Short Term Investments	- 0.85	Other Current Liab