Steel Net Working Capital vs Deferred Long Term Liab 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 Net Working Capital and its Deferred Long Term Liab 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.

Net Working Capital vs Deferred Long Term Liab

Net Working Capital vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Partners Holdings Net Working Capital account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Steel Partners' Net Working Capital and Deferred Long Term Liab is -0.15. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Deferred Long Term Liab 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' Net Working Capital and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Steel Partners Holdings are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Working Capital i.e., Steel Partners' Net Working Capital and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Working Capital

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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 05/21/2024, 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

Interest Expense Depreciation And Amortization

Steel Partners fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.6	0.64	0.35	0.57	0.34	0.88	0.47	0.41	0.57	0.56	0.73	0.39	-0.4	0.87	0.35	0.22	0.98	0.54	0.04	-0.18	0.65	-0.82	-0.09	0.29	0.8
Other Current Liab	0.6		1.0	0.66	0.27	0.57	0.57	0.69	-0.06	-0.1	0.95	0.33	-0.08	-0.48	0.64	0.14	0.73	0.57	0.26	-0.42	-0.38	0.96	-0.5	-0.15	-0.05	0.56
Total Current Liabilities	0.64	1.0		0.66	0.34	0.55	0.63	0.72	-0.03	-0.06	0.95	0.41	-0.07	-0.5	0.69	0.16	0.71	0.61	0.3	-0.38	-0.35	0.97	-0.56	-0.12	0.02	0.6
Total Stockholder Equity	0.35	0.66	0.66		0.28	0.29	0.39	0.67	-0.21	-0.19	0.6	0.34	-0.16	-0.26	0.43	-0.19	0.85	0.3	0.53	-0.57	-0.12	0.67	-0.43	0.02	0.11	0.44
Other Liab	0.57	0.27	0.34	0.28		0.11	0.81	0.62	0.3	0.1	0.25	0.8	-0.19	-0.25	0.75	0.29	0.08	0.52	0.45	0.27	0.07	0.44	-0.77	0.07	0.74	0.74
Net Tangible Assets	0.34	0.57	0.55	0.29	0.11		0.14	0.42	0.02	-0.13	0.58	-0.06	0.07	0.19	0.2	0.36	0.32	0.2	0.15	-0.2	-0.12	0.6	-0.09	0.11	-0.05	0.6
Accounts Payable	0.88	0.57	0.63	0.39	0.81	0.14		0.61	0.44	0.34	0.53	0.89	0.06	-0.53	0.97	0.28	0.24	0.87	0.49	0.07	-0.16	0.66	-0.89	-0.1	0.47	0.76
Cash	0.47	0.69	0.72	0.67	0.62	0.42	0.61		-0.05	-0.14	0.75	0.58	-0.18	-0.2	0.52	-0.04	0.69	0.39	0.31	-0.37	0.01	0.83	-0.51	0.21	0.48	0.6
Other Assets	0.41	-0.06	-0.03	-0.21	0.3	0.02	0.44	-0.05		0.56	-0.02	0.31	0.44	-0.3	0.38	0.3	-0.33	0.45	0.21	0.08	-0.16	0.01	-0.4	-0.26	-0.03	0.19
Long Term Debt	0.57	-0.1	-0.06	-0.19	0.1	-0.13	0.34	-0.14	0.56		-0.04	0.37	0.91	-0.24	0.24	0.3	-0.25	0.64	0.24	0.17	-0.02	-0.06	-0.42	-0.1	0.17	0.13
Net Receivables	0.56	0.95	0.95	0.6	0.25	0.58	0.53	0.75	-0.02	-0.04		0.31	-0.01	-0.46	0.54	0.16	0.78	0.53	0.22	-0.51	-0.36	0.96	-0.43	-0.08	-0.02	0.5
Good Will	0.73	0.33	0.41	0.34	0.8	-0.06	0.89	0.58	0.31	0.37	0.31		0.1	-0.33	0.82	0.1	0.12	0.71	0.49	0.21	0.07	0.47	-0.85	0.06	0.72	0.65
Common Stock Shares Outstanding	0.39	-0.08	-0.07	-0.16	-0.19	0.07	0.06	-0.18	0.44	0.91	-0.01	0.1		-0.02	-0.02	0.17	-0.18	0.44	0.11	0.0	-0.04	-0.07	-0.17	-0.1	-0.03	-0.01
Short Term Investments	-0.4	-0.48	-0.5	-0.26	-0.25	0.19	-0.53	-0.2	-0.3	-0.24	-0.46	-0.33	-0.02		-0.52	-0.41	-0.4	-0.54	-0.03	0.32	0.34	-0.38	0.43	0.23	0.11	-0.09
Inventory	0.87	0.64	0.69	0.43	0.75	0.2	0.97	0.52	0.38	0.24	0.54	0.82	-0.02	-0.52		0.27	0.23	0.85	0.54	0.12	-0.23	0.69	-0.89	-0.17	0.35	0.79
Other Current Assets	0.35	0.14	0.16	-0.19	0.29	0.36	0.28	-0.04	0.3	0.3	0.16	0.1	0.17	-0.41	0.27		-0.05	0.36	-0.05	0.17	-0.13	0.13	-0.19	0.04	0.13	0.38
Other Stockholder Equity	0.22	0.73	0.71	0.85	0.08	0.32	0.24	0.69	-0.33	-0.25	0.78	0.12	-0.18	-0.4	0.23	-0.05		0.21	0.21	-0.78	-0.24	0.71	-0.18	0.03	-0.07	0.23
Total Liab	0.98	0.57	0.61	0.3	0.52	0.2	0.87	0.39	0.45	0.64	0.53	0.71	0.44	-0.54	0.85	0.36	0.21		0.48	0.02	-0.23	0.59	-0.81	-0.16	0.23	0.68
Deferred Long Term Liab	0.54	0.26	0.3	0.53	0.45	0.15	0.49	0.31	0.21	0.24	0.22	0.49	0.11	-0.03	0.54	-0.05	0.21	0.48		0.11	0.04	0.35	-0.73	0.05	0.31	0.61
Long Term Investments	0.04	-0.42	-0.38	-0.57	0.27	-0.2	0.07	-0.37	0.08	0.17	-0.51	0.21	0.0	0.32	0.12	0.17	-0.78	0.02	0.11		0.18	-0.37	-0.2	0.0	0.43	0.14
Short Long Term Debt	-0.18	-0.38	-0.35	-0.12	0.07	-0.12	-0.16	0.01	-0.16	-0.02	-0.36	0.07	-0.04	0.34	-0.23	-0.13	-0.24	-0.23	0.04	0.18		-0.31	0.1	0.92	0.51	0.03
Total Current Assets	0.65	0.96	0.97	0.67	0.44	0.6	0.66	0.83	0.01	-0.06	0.96	0.47	-0.07	-0.38	0.69	0.13	0.71	0.59	0.35	-0.37	-0.31		-0.59	-0.08	0.14	0.67
Treasury Stock	-0.82	-0.5	-0.56	-0.43	-0.77	-0.09	-0.89	-0.51	-0.4	-0.42	-0.43	-0.85	-0.17	0.43	-0.89	-0.19	-0.18	-0.81	-0.73	-0.2	0.1	-0.59		0.12	-0.52	-0.73
Short Term Debt	-0.09	-0.15	-0.12	0.02	0.07	0.11	-0.1	0.21	-0.26	-0.1	-0.08	0.06	-0.1	0.23	-0.17	0.04	0.03	-0.16	0.05	0.0	0.92	-0.08	0.12		0.48	0.16
Intangible Assets	0.29	-0.05	0.02	0.11	0.74	-0.05	0.47	0.48	-0.03	0.17	-0.02	0.72	-0.03	0.11	0.35	0.13	-0.07	0.23	0.31	0.43	0.51	0.14	-0.52	0.48		0.49
Common Stock	0.8	0.56	0.6	0.44	0.74	0.6	0.76	0.6	0.19	0.13	0.5	0.65	-0.01	-0.09	0.79	0.38	0.23	0.68	0.61	0.14	0.03	0.67	-0.73	0.16	0.49

Click cells to compare fundamentals

Steel Partners Account Relationship Matchups

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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:

How To Invest In Steel

Details

Is Steel Stock a good investment?

Details

What is Steel Partners' Net Worth?

Details

Largest Industrial Conglomerates Companies

View

Largest Capital Goods Companies

View

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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Steel Stock analysis

When running Steel Partners' price analysis, check to measure Steel Partners' 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 Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.

	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Steel Net Working Capital vs Deferred Long Term Liab Analysis

Net Working Capital vs Deferred Long Term Liab

Net Working Capital vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Net Working Capital

Deferred Long Term Liab

Steel Partners fundamental ratios Correlations

Steel Partners Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Steel Partners fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Steel Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 0.98	Total Assets
Total Current Assets	+ 0.97	Total Current Liabilities
Inventory	+ 0.97	Accounts Payable
Total Current Assets	+ 0.96	Other Current Liab
Total Current Assets	+ 0.96	Net Receivables

Treasury Stock	- 0.89	Inventory
Treasury Stock	- 0.89	Accounts Payable
Treasury Stock	- 0.85	Good Will
Treasury Stock	- 0.82	Total Assets
Treasury Stock	- 0.81	Total Liab
Long Term Investments	- 0.78	Other Stockholder Equity