SPT Stock | | | USD 31.69 0.91 2.79% |
Sprout Social financial indicator trend analysis is much more than just breaking down Sprout Social prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprout Social is a good investment. Please check the relationship between Sprout Social Accounts Payable and its Other Current Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sprout Social. 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.
For more information on how to buy Sprout Stock please use our
How to Invest in Sprout Social guide.
Accounts Payable vs Other Current Liab
Accounts Payable vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sprout Social Accounts Payable account and
Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sprout Social's Accounts Payable and Other Current Liab is 0.75. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Sprout Social, assuming nothing else is changed. The correlation between historical values of Sprout Social's Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Sprout Social are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Sprout Social's Accounts Payable and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Sprout Social obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sprout Social are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Other Current Liab
Most indicators from Sprout Social's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprout Social 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 Sprout Social. 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.
For more information on how to buy Sprout Stock please use our
How to Invest in Sprout Social guide.At this time, Sprout Social's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas
Enterprise Value Multiple is likely to drop
(66.00) in 2024.
Sprout Social fundamental ratios Correlations
Click cells to compare fundamentals
Sprout Social Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sprout Social fundamental ratios Accounts
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Additional Tools for Sprout Stock Analysis
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measure Sprout Social'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 Sprout Social is operating at the current time. Most of Sprout Social's value examination focuses on studying past and present price action to
predict the probability of Sprout Social's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sprout Social's price. Additionally, you may evaluate how the addition of Sprout Social to your portfolios can decrease your overall portfolio volatility.