Steel Cash vs Short Long Term Debt Analysis
SPLP Stock | USD 39.00 2.21 6.01% |
Steel Partners financial indicator trend analysis is much more than just breaking down Steel Partners Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Steel Partners Holdings is a good investment. Please check the relationship between Steel Partners Cash and its Short Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Partners Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Cash vs Short Long Term Debt
Cash vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Partners Holdings Cash account and Short Long Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Steel Partners' Cash and Short Long Term Debt is 0.01. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Steel Partners Holdings, assuming nothing else is changed. The correlation between historical values of Steel Partners' Cash and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Steel Partners Holdings are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Cash i.e., Steel Partners' Cash and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Steel Partners Holdings, which is listed under current asset account on Steel Partners Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Steel Partners customers. The amounts must be unrestricted with restricted cash listed in a different Steel Partners account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Most indicators from Steel Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steel Partners Holdings 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 Steel Partners Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Steel Partners' Tax Provision is relatively stable compared to the past year. As of 06/01/2024, Enterprise Value Over EBITDA is likely to grow to 4.21, while Sales General And Administrative To Revenue is likely to drop 0.14.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 22.3M | 20.6M | 18.4M | 20.0M | Depreciation And Amortization | 60.5M | 53.8M | 56.6M | 52.8M |
Steel Partners fundamental ratios Correlations
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Steel Partners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Steel Partners fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 3.9B | 2.7B | 3.2B | 4.0B | 2.1B | |
Other Current Liab | 698.4M | 331.4M | 501.8M | 1.5B | 1.9B | 2.0B | |
Total Current Liabilities | 935.8M | 517.0M | 715.0M | 1.6B | 2.1B | 2.2B | |
Total Stockholder Equity | (191.4M) | (172.6M) | (131.8M) | 801.5M | 958.6M | 1.0B | |
Other Liab | 346.7M | 295.8M | 506.6M | 373.1M | 429.1M | 326.1M | |
Net Tangible Assets | 168.2M | 400.6M | 549.2M | 706.7M | 812.7M | 853.3M | |
Accounts Payable | 99.8M | 100.8M | 123.3M | 109.6M | 131.9M | 78.7M | |
Cash | 148.3M | 135.8M | 325.4M | 234.4M | 577.9M | 606.8M | |
Other Assets | 317.6M | 2.3B | 4.1B | 615.5M | 1.0 | 0.95 | |
Long Term Debt | 391.1M | 2.4B | 603.8M | 221.3M | 206.4M | 196.1M | |
Net Receivables | 512.5M | 384.1M | 527.8M | 713.9M | 1.8B | 1.9B | |
Good Will | 149.6M | 150.9M | 148.0M | 125.8M | 148.8M | 111.5M | |
Common Stock Shares Outstanding | 25.0M | 51.4M | 28.9M | 26.9M | 25.4M | 31.3M | |
Inventory | 167.8M | 137.1M | 184.3M | 214.1M | 202.3M | 118.0M | |
Other Current Assets | 36.3M | 58.1M | 48.0M | 40.1M | 42.6M | 33.7M | |
Other Stockholder Equity | (654.2M) | (707.3M) | (795.1M) | (204.7M) | 1.1B | 1.2B | |
Total Liab | 1.9B | 3.4B | 2.0B | 2.4B | 3.0B | 1.5B | |
Long Term Investments | 472.0M | 291.3M | 261.1M | 309.7M | 41.2M | 39.2M | |
Short Long Term Debt | 17.4M | 10.8M | 1.2M | 752K | 67K | 63.7K | |
Total Current Assets | 1.1B | 803.3M | 1.3B | 1.8B | 2.6B | 2.8B | |
Accumulated Other Comprehensive Income | (191.4M) | (172.6M) | (131.8M) | (151.9M) | (121.2M) | (115.2M) | |
Short Term Debt | 17.4M | 10.8M | 1.2M | 752K | 19.9M | 13.0M | |
Intangible Assets | 158.6M | 138.6M | 119.8M | 94.8M | 114.2M | 138.7M | |
Common Stock | 654.2M | 707.3M | 795.1M | 952.1M | 1.1B | 687.5M | |
Property Plant Equipment | 262.3M | 229.0M | 235.0M | 238.5M | 274.3M | 202.4M | |
Short Long Term Debt Total | 439.8M | 2.4B | 632.5M | 257.5M | 445.6M | 532.0M | |
Property Plant And Equipment Net | 302.6M | 258.7M | 271.6M | 281.2M | 330.7M | 261.8M | |
Net Debt | 291.5M | 2.3B | 307.1M | 23.1M | (132.3M) | (125.7M) | |
Non Current Assets Total | 1.2B | 3.1B | 1.4B | 1.4B | 1.4B | 1.3B | |
Non Currrent Assets Other | 266.8M | 2.2B | 79.1M | 619.1M | 14.9M | 14.1M | |
Cash And Short Term Investments | 148.6M | 135.9M | 325.4M | 234.4M | 577.9M | 348.4M | |
Liabilities And Stockholders Equity | 1.9B | 3.4B | 2.0B | 3.2B | 4.0B | 2.1B | |
Non Current Liabilities Total | 920.1M | 2.9B | 1.3B | 785.2M | 919.9M | 996.8M | |
Property Plant And Equipment Gross | 302.6M | 258.7M | 235.0M | 238.5M | 721.1M | 757.2M | |
Current Deferred Revenue | 120.1M | 74.0M | 88.7M | 4.4M | 7.4M | 7.0M |
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Is Steel Partners' 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 Steel Partners. If investors know Steel 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 Steel Partners 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 0.377 | Earnings Share 6.84 | Revenue Per Share 91.328 | Quarterly Revenue Growth 0.07 | Return On Assets 0.0278 |
The market value of Steel Partners Holdings is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Partners' value that differs from its market value or its book value, called intrinsic value, which is Steel Partners' 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 Steel Partners' market value can be influenced by many factors that don't directly affect Steel Partners' 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 Steel Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Partners' 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.