Sprague Resources LP Financials

Based on the key indicators related to Sprague Resources' liquidity, profitability, solvency, and operating efficiency, Sprague Resources LP is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May.
With this module, you can analyze Sprague financials for your investing period. You should be able to track the changes in Sprague Resources individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Sprague Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sprague Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Sprague Resources' assets may result in an increase in income on the income statement.
The data published in Sprague Resources' official financial statements usually reflect Sprague Resources' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Sprague Resources. For example, before you start analyzing numbers published by Sprague accountants, it's critical to develop an understanding of what Sprague Resources' liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Sprague Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sprague Resources' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Sprague Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sprague Resources LP. Please utilize our Beneish M Score to check the likelihood of Sprague Resources' management manipulating its earnings.

Sprague Resources Stock Summary

Sprague Resources competes with ZK International, Newpark Resources, KNOT Offshore, Griffon, and Grocery Outlet. As of May 28, 2021, operates as a subsidiary of Hartree Partners, LP. As of May 28, 2021, Sprague Resources LP operates as a subsidiary of Hartree Partners, LP. Sprague Resources operates under Oil Gas Refining Marketing classification in the United States and is traded on NYQ Exchange. It employs 757 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8493431089
Business Address185 International Drive
SectorEnergy
IndustryOil & Gas Refining & Marketing
BenchmarkNYSE Composite
Websitewww.spragueenergy.com
Phone800 225 1560
CurrencyUSD - US Dollar
You should never invest in Sprague Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sprague Stock, because this is throwing your money away. Analyzing the key information contained in Sprague Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Sprague Resources Key Financial Ratios

Generally speaking, Sprague Resources' financial ratios allow both analysts and investors to convert raw data from Sprague Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Sprague Resources over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Sprague Resources reports annually and quarterly.

Sprague Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sprague Resources's current stock value. Our valuation model uses many indicators to compare Sprague Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sprague Resources competition to find correlations between indicators driving Sprague Resources's intrinsic value. More Info.
Sprague Resources LP is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sprague Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sprague Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sprague Resources' earnings, one of the primary drivers of an investment's value.
Check out World Market Map to better understand how to build diversified portfolios. 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Other Consideration for investing in Sprague Stock

If you are still planning to invest in Sprague Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sprague Resources' history and understand the potential risks before investing.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Global Correlations
Find global opportunities by holding instruments from different markets
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance