Steel Long Term Debt Total vs Property Plant Equipment Analysis

SPLP Stock  USD 39.40  0.65  1.68%   
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 Long Term Debt Total and its Property Plant Equipment 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.

Long Term Debt Total vs Property Plant Equipment

Long Term Debt Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Partners Holdings Long Term Debt Total account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Steel Partners' Long Term Debt Total and Property Plant Equipment is 0.67. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Property Plant Equipment 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' Long Term Debt Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Steel Partners Holdings are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt Total i.e., Steel Partners' Long Term Debt Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt Total

Property Plant Equipment

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 05/17/2024, 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 Expense22.3M20.6M18.4M20.0M
Depreciation And Amortization60.5M53.8M56.6M52.8M

Steel Partners fundamental ratios Correlations

0.60.640.350.570.340.880.470.410.570.560.730.39-0.40.870.350.220.980.540.04-0.180.65-0.82-0.090.290.8
0.61.00.660.270.570.570.69-0.06-0.10.950.33-0.08-0.480.640.140.730.570.26-0.42-0.380.96-0.5-0.15-0.050.56
0.641.00.660.340.550.630.72-0.03-0.060.950.41-0.07-0.50.690.160.710.610.3-0.38-0.350.97-0.56-0.120.020.6
0.350.660.660.280.290.390.67-0.21-0.190.60.34-0.16-0.260.43-0.190.850.30.53-0.57-0.120.67-0.430.020.110.44
0.570.270.340.280.110.810.620.30.10.250.8-0.19-0.250.750.290.080.520.450.270.070.44-0.770.070.740.74
0.340.570.550.290.110.140.420.02-0.130.58-0.060.070.190.20.360.320.20.15-0.2-0.120.6-0.090.11-0.050.6
0.880.570.630.390.810.140.610.440.340.530.890.06-0.530.970.280.240.870.490.07-0.160.66-0.89-0.10.470.76
0.470.690.720.670.620.420.61-0.05-0.140.750.58-0.18-0.20.52-0.040.690.390.31-0.370.010.83-0.510.210.480.6
0.41-0.06-0.03-0.210.30.020.44-0.050.56-0.020.310.44-0.30.380.3-0.330.450.210.08-0.160.01-0.4-0.26-0.030.19
0.57-0.1-0.06-0.190.1-0.130.34-0.140.56-0.040.370.91-0.240.240.3-0.250.640.240.17-0.02-0.06-0.42-0.10.170.13
0.560.950.950.60.250.580.530.75-0.02-0.040.31-0.01-0.460.540.160.780.530.22-0.51-0.360.96-0.43-0.08-0.020.5
0.730.330.410.340.8-0.060.890.580.310.370.310.1-0.330.820.10.120.710.490.210.070.47-0.850.060.720.65
0.39-0.08-0.07-0.16-0.190.070.06-0.180.440.91-0.010.1-0.02-0.020.17-0.180.440.110.0-0.04-0.07-0.17-0.1-0.03-0.01
-0.4-0.48-0.5-0.26-0.250.19-0.53-0.2-0.3-0.24-0.46-0.33-0.02-0.52-0.41-0.4-0.54-0.030.320.34-0.380.430.230.11-0.09
0.870.640.690.430.750.20.970.520.380.240.540.82-0.02-0.520.270.230.850.540.12-0.230.69-0.89-0.170.350.79
0.350.140.16-0.190.290.360.28-0.040.30.30.160.10.17-0.410.27-0.050.36-0.050.17-0.130.13-0.190.040.130.38
0.220.730.710.850.080.320.240.69-0.33-0.250.780.12-0.18-0.40.23-0.050.210.21-0.78-0.240.71-0.180.03-0.070.23
0.980.570.610.30.520.20.870.390.450.640.530.710.44-0.540.850.360.210.480.02-0.230.59-0.81-0.160.230.68
0.540.260.30.530.450.150.490.310.210.240.220.490.11-0.030.54-0.050.210.480.110.040.35-0.730.050.310.61
0.04-0.42-0.38-0.570.27-0.20.07-0.370.080.17-0.510.210.00.320.120.17-0.780.020.110.18-0.37-0.20.00.430.14
-0.18-0.38-0.35-0.120.07-0.12-0.160.01-0.16-0.02-0.360.07-0.040.34-0.23-0.13-0.24-0.230.040.18-0.310.10.920.510.03
0.650.960.970.670.440.60.660.830.01-0.060.960.47-0.07-0.380.690.130.710.590.35-0.37-0.31-0.59-0.080.140.67
-0.82-0.5-0.56-0.43-0.77-0.09-0.89-0.51-0.4-0.42-0.43-0.85-0.170.43-0.89-0.19-0.18-0.81-0.73-0.20.1-0.590.12-0.52-0.73
-0.09-0.15-0.120.020.070.11-0.10.21-0.26-0.1-0.080.06-0.10.23-0.170.040.03-0.160.050.00.92-0.080.120.480.16
0.29-0.050.020.110.74-0.050.470.48-0.030.17-0.020.72-0.030.110.350.13-0.070.230.310.430.510.14-0.520.480.49
0.80.560.60.440.740.60.760.60.190.130.50.65-0.01-0.090.790.380.230.680.610.140.030.67-0.730.160.49
Click cells to compare fundamentals

Steel Partners Account Relationship Matchups

Steel Partners fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B3.9B2.7B3.2B4.0B2.1B
Other Current Liab698.4M331.4M501.8M1.5B1.9B2.0B
Total Current Liabilities935.8M517.0M715.0M1.6B2.1B2.2B
Total Stockholder Equity(191.4M)(172.6M)(131.8M)801.5M958.6M1.0B
Other Liab346.7M295.8M506.6M373.1M429.1M326.1M
Net Tangible Assets168.2M400.6M549.2M706.7M812.7M853.3M
Accounts Payable99.8M100.8M123.3M109.6M131.9M78.7M
Cash148.3M135.8M325.4M234.4M577.9M606.8M
Other Assets317.6M2.3B4.1B615.5M1.00.95
Long Term Debt391.1M2.4B603.8M221.3M206.4M196.1M
Net Receivables512.5M384.1M527.8M713.9M1.8B1.9B
Good Will149.6M150.9M148.0M125.8M148.8M111.5M
Common Stock Shares Outstanding25.0M51.4M28.9M26.9M25.4M31.3M
Inventory167.8M137.1M184.3M214.1M202.3M118.0M
Other Current Assets36.3M58.1M48.0M40.1M42.6M33.7M
Other Stockholder Equity(654.2M)(707.3M)(795.1M)(204.7M)1.1B1.2B
Total Liab1.9B3.4B2.0B2.4B3.0B1.5B
Long Term Investments472.0M291.3M261.1M309.7M41.2M39.2M
Short Long Term Debt17.4M10.8M1.2M752K67K63.7K
Total Current Assets1.1B803.3M1.3B1.8B2.6B2.8B
Accumulated Other Comprehensive Income(191.4M)(172.6M)(131.8M)(151.9M)(121.2M)(115.2M)
Short Term Debt17.4M10.8M1.2M752K19.9M13.0M
Intangible Assets158.6M138.6M119.8M94.8M114.2M138.7M
Common Stock654.2M707.3M795.1M952.1M1.1B687.5M
Property Plant Equipment262.3M229.0M235.0M238.5M274.3M202.4M
Short Long Term Debt Total439.8M2.4B632.5M257.5M445.6M532.0M
Property Plant And Equipment Net302.6M258.7M271.6M281.2M330.7M261.8M
Net Debt291.5M2.3B307.1M23.1M(132.3M)(125.7M)
Non Current Assets Total1.2B3.1B1.4B1.4B1.4B1.3B
Non Currrent Assets Other266.8M2.2B79.1M619.1M14.9M14.1M
Cash And Short Term Investments148.6M135.9M325.4M234.4M577.9M348.4M
Liabilities And Stockholders Equity1.9B3.4B2.0B3.2B4.0B2.1B
Non Current Liabilities Total920.1M2.9B1.3B785.2M919.9M996.8M
Property Plant And Equipment Gross302.6M258.7M235.0M238.5M721.1M757.2M
Current Deferred Revenue120.1M74.0M88.7M4.4M7.4M7.0M

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When determining whether Steel Partners Holdings 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 Steel 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 Steel Partners Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Steel Partners Holdings Stock:
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.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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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
(0.38)
Earnings Share
6.43
Revenue Per Share
88.899
Quarterly Revenue Growth
0.105
Return On Assets
0.0286
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.