Steel Long Term Investments vs Common Stock Shares Outstanding Analysis
SPLP Stock | USD 38.50 1.50 3.75% |
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 Investments and its Common Stock Shares Outstanding 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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Long Term Investments vs Common Stock Shares Outstanding
Long Term Investments vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Partners Holdings Long Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have no relationship.
The correlation between Steel Partners' Long Term Investments and Common Stock Shares Outstanding is 0.0. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Common Stock Shares Outstanding 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 Investments and Common Stock Shares Outstanding 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 Investments of Steel Partners Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Investments i.e., Steel Partners' Long Term Investments and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Steel Partners balance sheet that represents investments Steel Partners Holdings intends to hold for over a year. Steel Partners Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 closely tied 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 06/08/2024, 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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