SP Plus Interest Expense vs Selling And Marketing Expenses Analysis

SP Stock  USD 51.15  0.15  0.29%   
SP Plus financial indicator trend analysis is much more than just breaking down SP Plus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SP Plus Corp is a good investment. Please check the relationship between SP Plus Interest Expense and its Selling And Marketing Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Plus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Interest Expense vs Selling And Marketing Expenses

Interest Expense vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SP Plus Corp Interest Expense account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between SP Plus' Interest Expense and Selling And Marketing Expenses is 0.62. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of SP Plus Corp, assuming nothing else is changed. The correlation between historical values of SP Plus' Interest Expense and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of SP Plus Corp are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Interest Expense i.e., SP Plus' Interest Expense and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Selling And Marketing Expenses

Most indicators from SP Plus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SP Plus 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 SP Plus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, SP Plus' Tax Provision is relatively stable compared to the past year. As of 04/29/2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Enterprise Value Multiple is likely to drop 6.28.
 2021 2022 2023 2024 (projected)
Gross Profit179.8M221.7M218.5M127.6M
Total Revenue1.2B1.6B1.8B1.0B

SP Plus fundamental ratios Correlations

0.880.660.970.740.68-0.330.780.640.830.221.00.00.220.910.960.330.930.750.490.960.590.920.740.620.24
0.880.530.860.420.88-0.320.940.560.54-0.070.9-0.09-0.070.70.740.160.980.640.060.960.790.660.910.78-0.19
0.660.530.620.660.38-0.790.450.620.570.010.66-0.020.010.730.730.390.510.310.370.560.330.640.430.510.06
0.970.860.620.650.66-0.250.760.540.890.070.96-0.020.070.90.930.230.910.780.440.960.580.910.740.590.26
0.740.420.660.650.36-0.40.430.790.730.470.72-0.090.470.780.820.540.50.470.740.560.350.820.380.410.46
0.680.880.380.660.36-0.30.950.660.31-0.250.71-0.35-0.250.510.480.130.810.4-0.150.780.960.420.970.79-0.36
-0.33-0.32-0.79-0.25-0.4-0.3-0.33-0.52-0.130.05-0.340.110.05-0.37-0.39-0.62-0.27-0.01-0.13-0.27-0.29-0.26-0.32-0.410.17
0.780.940.450.760.430.95-0.330.640.45-0.150.8-0.32-0.150.610.630.20.910.56-0.020.880.920.560.960.89-0.24
0.640.560.620.540.790.66-0.520.640.440.270.64-0.420.270.720.610.40.540.160.180.550.690.630.590.73-0.12
0.830.540.570.890.730.31-0.130.450.440.240.8-0.040.240.90.890.210.650.670.660.750.280.940.40.350.6
0.22-0.070.010.070.47-0.250.05-0.150.270.240.180.161.00.250.320.220.050.140.510.06-0.260.4-0.28-0.060.38
1.00.90.660.960.720.71-0.340.80.640.80.180.010.180.880.940.330.940.750.460.970.620.90.770.630.2
0.0-0.09-0.02-0.02-0.09-0.350.11-0.32-0.42-0.040.160.010.16-0.150.040.1-0.070.310.35-0.06-0.59-0.03-0.25-0.490.2
0.22-0.070.010.070.47-0.250.05-0.150.270.241.00.180.160.250.320.220.050.140.510.06-0.260.4-0.28-0.060.38
0.910.70.730.90.780.51-0.370.610.720.90.250.88-0.150.250.930.330.760.530.470.820.490.960.550.590.29
0.960.740.730.930.820.48-0.390.630.610.890.320.940.040.320.930.430.820.710.650.870.410.960.560.540.4
0.330.160.390.230.540.13-0.620.20.40.210.220.330.10.220.330.430.220.150.50.220.10.330.170.150.29
0.930.980.510.910.50.81-0.270.910.540.650.050.94-0.070.050.760.820.220.720.210.990.720.760.860.730.0
0.750.640.310.780.470.4-0.010.560.160.670.140.750.310.140.530.710.150.720.570.750.280.660.570.320.38
0.490.060.370.440.74-0.15-0.13-0.020.180.660.510.460.350.510.470.650.50.210.570.3-0.210.63-0.04-0.160.86
0.960.960.560.960.560.78-0.270.880.550.750.060.97-0.060.060.820.870.220.990.750.30.690.830.830.70.09
0.590.790.330.580.350.96-0.290.920.690.28-0.260.62-0.59-0.260.490.410.10.720.28-0.210.690.380.910.83-0.35
0.920.660.640.910.820.42-0.260.560.630.940.40.9-0.030.40.960.960.330.760.660.630.830.380.480.490.46
0.740.910.430.740.380.97-0.320.960.590.4-0.280.77-0.25-0.280.550.560.170.860.57-0.040.830.910.480.79-0.28
0.620.780.510.590.410.79-0.410.890.730.35-0.060.63-0.49-0.060.590.540.150.730.32-0.160.70.830.490.79-0.39
0.24-0.190.060.260.46-0.360.17-0.24-0.120.60.380.20.20.380.290.40.290.00.380.860.09-0.350.46-0.28-0.39
Click cells to compare fundamentals

SP Plus Account Relationship Matchups

SP Plus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.1B1.1B1.1B1.2B635.0M
Short Long Term Debt Total811.9M687.6M589.7M562.9M566.3M287.3M
Other Current Liab102M100.2M107.6M120.2M110.6M57.3M
Total Current Liabilities369.8M317.6M332.8M343.6M337.4M182.7M
Total Stockholder Equity374.1M183.1M222.5M226M250.8M263.3M
Property Plant And Equipment Net479.6M288.4M201.2M227.1M247.7M260.1M
Current Deferred Revenue19.4M12.5M15.7M17.4M17.5M25.0M
Net Debt787.8M673.7M574M550.5M547.2M574.6M
Retained Earnings169.5M(3.3M)28.4M73.6M104.7M109.9M
Accounts Payable115.3M97.8M118.5M133.4M136.6M78.3M
Cash24.1M13.9M15.7M12.4M19.1M16.2M
Non Current Assets Total1.3B985.8M928.7M924.6M939.7M512.3M
Non Currrent Assets Other29.9M33.8M146.5M29.1M(559.4M)(531.4M)
Cash And Short Term Investments24.1M13.9M15.7M12.4M19.1M16.2M
Net Receivables162.3M111.2M139.6M167.7M180.5M91.7M
Good Will585.5M586M526.6M543.2M544.6M321.2M
Common Stock Shares Outstanding22.2M21.1M21.4M21.0M19.8M22.1M
Liabilities And Stockholders Equity1.5B1.1B1.1B1.1B1.2B635.0M
Non Current Liabilities Total735.9M638.7M561.3M552.1M563.8M341.2M
Other Current Assets24.7M26.8M32.2M16.7M12.6M12.6M
Other Stockholder Equity207.3M190.8M196.9M154.2M147.4M152.9M
Total Liab1.1B956.3M894.1M895.7M901.2M523.8M
Property Plant And Equipment Gross479.6M288.4M201.2M227.1M380.3M399.3M
Total Current Assets211.1M151.9M187.5M196.8M212.2M122.7M
Accumulated Other Comprehensive Income(2.7M)(4.4M)(2.8M)(1.8M)(1.3M)(1.4M)
Short Term Debt133.1M107.1M91M72.6M72.7M76.3M
Other Liab57.1M58.2M62.6M61.8M71.1M63.2M
Other Assets40.5M397M146.5M73.5M84.5M53.4M
Long Term Debt351.1M337.1M298.4M331.8M335.6M220.1M
Intangible Assets152.2M63.1M54.4M68.9M59.7M70.6M
Property Plant Equipment479.6M53.3M201.2M60.2M69.2M62.2M
Noncontrolling Interest In Consolidated Entity(200K)(1.7M)(400K)(300K)(270K)(256.5K)
Retained Earnings Total Equity169.5M(3.3M)28.4M73.6M84.6M88.9M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SP Plus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SP Plus' short interest history, or implied volatility extrapolated from SP Plus options trading.

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When determining whether SP Plus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SP Plus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sp Plus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Sp Plus Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Plus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running SP Plus' price analysis, check to measure SP Plus' 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 SP Plus is operating at the current time. Most of SP Plus' value examination focuses on studying past and present price action to predict the probability of SP Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Plus' price. Additionally, you may evaluate how the addition of SP Plus to your portfolios can decrease your overall portfolio volatility.
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Is SP Plus' industry 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 Plus. If investors know SP Plus 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 Plus 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
(0.74)
Earnings Share
1.57
Revenue Per Share
44.899
Quarterly Revenue Growth
0.052
Return On Assets
0.0505
The market value of SP Plus Corp is measured differently than its book value, which is the value of SP Plus that is recorded on the company's balance sheet. Investors also form their own opinion of SP Plus' value that differs from its market value or its book value, called intrinsic value, which is SP Plus' 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 Plus' market value can be influenced by many factors that don't directly affect SP Plus' 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 Plus' value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Plus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Plus' 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.