SPX Common Stock Total Equity vs Non Current Liabilities Total Analysis
SPXC Stock | USD 178.98 2.58 1.42% |
SPX Corp financial indicator trend analysis is much more than just breaking down SPX Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPX Corp is a good investment. Please check the relationship between SPX Corp Common Stock Total Equity 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 SPX Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.
Common Stock Total Equity vs Non Current Liabilities Total
Common Stock Total Equity vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPX Corp Common Stock Total Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SPX Corp's Common Stock Total Equity and Non Current Liabilities Total is 0.84. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of SPX Corp, assuming nothing else is changed. The correlation between historical values of SPX Corp's Common Stock Total Equity 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 Common Stock Total Equity of SPX Corp 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 Common Stock Total Equity i.e., SPX Corp's Common Stock Total Equity and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Non Current Liabilities Total
Most indicators from SPX Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPX Corp 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 SPX Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.At present, SPX Corp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 18.57, whereas Discontinued Operations is projected to grow to (21.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 431.8M | 523.9M | 670M | 834.1M | Total Revenue | 1.2B | 1.5B | 1.7B | 2.8B |
SPX Corp fundamental ratios Correlations
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SPX Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SPX Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 2.3B | 2.6B | 1.9B | 2.4B | 3.6B | |
Short Long Term Debt Total | 393.5M | 412.4M | 246M | 246.8M | 558.3M | 980.7M | |
Other Current Liab | 222.6M | 362.2M | 230.9M | 137.9M | 185.8M | 336.1M | |
Total Current Liabilities | 608.6M | 584.9M | 439.5M | 333.8M | 401.2M | 381.1M | |
Total Stockholder Equity | 502.4M | 629.2M | 1.1B | 1.1B | 1.2B | 1.1B | |
Property Plant And Equipment Net | 179.1M | 189.7M | 113.3M | 109.9M | 140.5M | 133.5M | |
Net Debt | 338.8M | 344.1M | (142.2M) | 99M | 458.9M | 713.8M | |
Retained Earnings | (584.8M) | (488.1M) | (51.8M) | (51.6M) | 38.3M | 36.4M | |
Cash | 54.7M | 68.3M | 388.2M | 147.8M | 99.4M | 94.4M | |
Non Current Assets Total | 1.5B | 1.6B | 1.7B | 1.2B | 1.7B | 2.2B | |
Non Currrent Assets Other | 605.9M | 616.6M | 689.3M | 204.5M | 168.1M | 159.7M | |
Cash And Short Term Investments | 54.7M | 68.3M | 388.2M | 147.8M | 99.4M | 94.4M | |
Net Receivables | 329.3M | 243.3M | 252.3M | 287.4M | 296.4M | 281.6M | |
Common Stock Shares Outstanding | 45.0M | 45.8M | 46.5M | 46.2M | 46.6M | 51.4M | |
Liabilities And Stockholders Equity | 2.1B | 2.3B | 2.6B | 1.9B | 2.4B | 3.6B | |
Non Current Liabilities Total | 1.0B | 1.1B | 1.1B | 517.9M | 843.9M | 1.6B | |
Inventory | 154.9M | 162M | 189.8M | 244M | 276.7M | 358.4M | |
Other Current Assets | 93.2M | 212.8M | 73.1M | 41.9M | 37.1M | 35.2M | |
Other Stockholder Equity | 842.4M | 868.3M | 890.3M | 872.8M | 894.7M | 939.4M | |
Total Liab | 1.6B | 1.7B | 1.5B | 851.7M | 1.2B | 1.2B | |
Property Plant And Equipment Gross | 179.1M | 189.7M | 308.2M | 311M | 355.7M | 399.7M | |
Total Current Assets | 632.1M | 682.6M | 903.4M | 721.1M | 709.6M | 674.1M | |
Accumulated Other Comprehensive Income | 244.3M | 248.5M | 263.9M | 257.5M | 261.1M | 274.2M | |
Short Term Debt | 143.6M | 107.4M | 22.9M | 14.4M | 46.5M | 44.2M | |
Intangible Assets | 251.7M | 305M | 415.5M | 401.6M | 680.8M | 825.0M | |
Accounts Payable | 141.6M | 102.1M | 119.6M | 124.5M | 118.7M | 112.8M | |
Other Liab | 755.9M | 779.6M | 855.4M | 241.1M | 277.3M | 263.4M | |
Other Assets | 591.6M | 622M | 739.1M | 190.7M | 219.3M | 208.3M | |
Long Term Debt | 249.9M | 304M | 230.8M | 243M | 523.1M | 864.6M | |
Treasury Stock | (460M) | (451.6M) | (443.9M) | (465.5M) | (419.0M) | (439.9M) | |
Property Plant Equipment | 483.2M | 504.1M | 113.3M | 311M | 279.9M | 390.2M | |
Good Will | 449.3M | 499.9M | 457.3M | 455.3M | 704.8M | 1.0B | |
Current Deferred Revenue | 100.8M | 103.5M | 44.7M | 52.8M | 73.5M | 69.8M | |
Net Tangible Assets | (198.6M) | (175.7M) | 230.1M | 222.3M | 255.6M | 268.4M | |
Retained Earnings Total Equity | (584.8M) | (488.1M) | (51.8M) | (51.6M) | (46.4M) | (44.1M) | |
Long Term Debt Total | 249.9M | 304M | 230.8M | 243M | 218.7M | 207.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SPX Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPX Corp'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 Spx Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spx Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPX Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Industrial Machinery & Supplies & Components 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 SPX Corp. If investors know SPX 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 SPX Corp 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 0.218 | Earnings Share 3.76 | Revenue Per Share 41.721 | Quarterly Revenue Growth 0.078 | Return On Assets 0.074 |
The market value of SPX Corp is measured differently than its book value, which is the value of SPX that is recorded on the company's balance sheet. Investors also form their own opinion of SPX Corp's value that differs from its market value or its book value, called intrinsic value, which is SPX Corp'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 SPX Corp's market value can be influenced by many factors that don't directly affect SPX Corp'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 SPX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPX Corp'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.