Splash Long Term Debt vs Net Working Capital Analysis

SBEV Stock

USD 0.28 0.01 3.45%

Splash Beverage financial indicator trend analysis is much more than just breaking down Splash Beverage Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Splash Beverage Group is a good investment. Please check the relationship between Splash Beverage Long Term Debt and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Splash Beverage Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Splash Beverage Group Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have no relationship.

The correlation between Splash Beverage's Long Term Debt and Net Working Capital is 0.09. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Splash Beverage Group, assuming nothing else is changed. The correlation between historical values of Splash Beverage's Long Term Debt and Net Working Capital 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 of Splash Beverage Group are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., Splash Beverage's Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Splash Beverage Group has held for over one year. Long-term debt appears on Splash Beverage Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Splash Beverage Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Working Capital

Most indicators from Splash Beverage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Splash Beverage Group 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 Splash Beverage Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

At this time, Splash Beverage's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 355.7 K in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (2.08).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	31.7M	27.3M	14.7M	9.5M
Cost Of Revenue	8.7M	12.2M	19.5M	20.4M

Total Operating Expenses Cost Of Revenue

Splash Beverage fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Current Deferred Revenue	Long Term Debt	Other Stockholder Equity	Short Long Term Debt
Common Stock Shares Outstanding		0.73	0.9	0.89	0.03	0.7	0.7	-0.93	0.95	0.55	0.67	0.55	0.78	0.85	0.35	0.91	0.87	0.93	0.73	0.85	-0.18	0.78	0.69	0.46	0.95	0.84
Total Assets	0.73		0.69	0.62	0.55	0.98	0.33	-0.85	0.73	0.88	0.96	0.88	0.94	0.87	0.71	0.9	0.7	0.9	0.97	0.54	0.21	0.36	0.81	0.75	0.86	0.52
Short Long Term Debt Total	0.9	0.69		0.99	-0.19	0.72	0.9	-0.96	0.97	0.36	0.75	0.36	0.65	0.94	0.5	0.82	1.0	0.89	0.59	0.97	0.16	0.9	0.85	0.5	0.95	0.96
Total Current Liabilities	0.89	0.62	0.99		-0.27	0.65	0.93	-0.93	0.96	0.28	0.68	0.28	0.58	0.9	0.39	0.76	0.98	0.86	0.52	0.99	0.09	0.94	0.8	0.39	0.92	0.99
Total Stockholder Equity	0.03	0.55	-0.19	-0.27		0.49	-0.59	-0.06	-0.1	0.84	0.4	0.84	0.52	0.1	0.31	0.32	-0.18	0.26	0.66	-0.35	-0.04	-0.53	0.1	0.39	0.11	-0.38
Property Plant And Equipment Net	0.7	0.98	0.72	0.65	0.49		0.38	-0.85	0.72	0.83	0.98	0.83	0.86	0.89	0.7	0.84	0.73	0.9	0.91	0.59	0.29	0.4	0.84	0.69	0.85	0.57
Net Debt	0.7	0.33	0.9	0.93	-0.59	0.38		-0.75	0.83	-0.08	0.45	-0.08	0.3	0.74	0.3	0.52	0.9	0.61	0.19	0.94	0.2	0.97	0.67	0.25	0.72	0.95
Retained Earnings	-0.93	-0.85	-0.96	-0.93	-0.06	-0.85	-0.75		-0.98	-0.58	-0.85	-0.58	-0.83	-0.97	-0.59	-0.94	-0.96	-0.97	-0.79	-0.88	-0.12	-0.78	-0.88	-0.63	-1.0	-0.87
Accounts Payable	0.95	0.73	0.97	0.96	-0.1	0.72	0.83	-0.98		0.45	0.73	0.45	0.76	0.92	0.51	0.9	0.97	0.91	0.68	0.91	0.05	0.86	0.8	0.57	0.97	0.91
Cash	0.55	0.88	0.36	0.28	0.84	0.83	-0.08	-0.58	0.45		0.74	1.0	0.86	0.58	0.49	0.76	0.35	0.73	0.95	0.2	-0.06	-0.01	0.52	0.6	0.63	0.17
Non Current Assets Total	0.67	0.96	0.75	0.68	0.4	0.98	0.45	-0.85	0.73	0.74		0.74	0.83	0.91	0.77	0.81	0.77	0.87	0.86	0.61	0.42	0.44	0.88	0.73	0.84	0.59
Cash And Short Term Investments	0.55	0.88	0.36	0.28	0.84	0.83	-0.08	-0.58	0.45	1.0	0.74		0.86	0.58	0.49	0.76	0.35	0.73	0.95	0.2	-0.06	-0.01	0.52	0.6	0.63	0.17
Net Receivables	0.78	0.94	0.65	0.58	0.52	0.86	0.3	-0.83	0.76	0.86	0.83	0.86		0.79	0.66	0.95	0.66	0.87	0.96	0.49	0.04	0.37	0.68	0.78	0.84	0.46
Common Stock Total Equity	0.85	0.87	0.94	0.9	0.1	0.89	0.74	-0.97	0.92	0.58	0.91	0.58	0.79		0.7	0.89	0.96	0.94	0.77	0.85	0.32	0.73	0.93	0.69	0.96	0.84
Non Current Liabilities Total	0.35	0.71	0.5	0.39	0.31	0.7	0.3	-0.59	0.51	0.49	0.77	0.49	0.66	0.7		0.61	0.56	0.52	0.61	0.29	0.74	0.22	0.75	0.95	0.56	0.28
Inventory	0.91	0.9	0.82	0.76	0.32	0.84	0.52	-0.94	0.9	0.76	0.81	0.76	0.95	0.89	0.61		0.82	0.95	0.91	0.68	-0.01	0.57	0.79	0.74	0.95	0.67
Total Liab	0.87	0.7	1.0	0.98	-0.18	0.73	0.9	-0.96	0.97	0.35	0.77	0.35	0.66	0.96	0.56	0.82		0.88	0.59	0.95	0.24	0.89	0.87	0.55	0.94	0.95
Property Plant And Equipment Gross	0.93	0.9	0.89	0.86	0.26	0.9	0.61	-0.97	0.91	0.73	0.87	0.73	0.87	0.94	0.52	0.95	0.88		0.88	0.81	0.01	0.66	0.83	0.58	0.98	0.79
Total Current Assets	0.73	0.97	0.59	0.52	0.66	0.91	0.19	-0.79	0.68	0.95	0.86	0.95	0.96	0.77	0.61	0.91	0.59	0.88		0.43	0.01	0.26	0.68	0.71	0.81	0.41
Short Term Debt	0.85	0.54	0.97	0.99	-0.35	0.59	0.94	-0.88	0.91	0.2	0.61	0.2	0.49	0.85	0.29	0.68	0.95	0.81	0.43		0.05	0.95	0.75	0.27	0.87	1.0
Common Stock	-0.18	0.21	0.16	0.09	-0.04	0.29	0.2	-0.12	0.05	-0.06	0.42	-0.06	0.04	0.32	0.74	-0.01	0.24	0.01	0.01	0.05		0.06	0.43	0.52	0.06	0.06
Other Current Liab	0.78	0.36	0.9	0.94	-0.53	0.4	0.97	-0.78	0.86	-0.01	0.44	-0.01	0.37	0.73	0.22	0.57	0.89	0.66	0.26	0.95	0.06		0.58	0.21	0.75	0.96
Current Deferred Revenue	0.69	0.81	0.85	0.8	0.1	0.84	0.67	-0.88	0.8	0.52	0.88	0.52	0.68	0.93	0.75	0.79	0.87	0.83	0.68	0.75	0.43	0.58		0.71	0.86	0.74
Long Term Debt	0.46	0.75	0.5	0.39	0.39	0.69	0.25	-0.63	0.57	0.6	0.73	0.6	0.78	0.69	0.95	0.74	0.55	0.58	0.71	0.27	0.52	0.21	0.71		0.63	0.26
Other Stockholder Equity	0.95	0.86	0.95	0.92	0.11	0.85	0.72	-1.0	0.97	0.63	0.84	0.63	0.84	0.96	0.56	0.95	0.94	0.98	0.81	0.87	0.06	0.75	0.86	0.63		0.85
Short Long Term Debt	0.84	0.52	0.96	0.99	-0.38	0.57	0.95	-0.87	0.91	0.17	0.59	0.17	0.46	0.84	0.28	0.67	0.95	0.79	0.41	1.0	0.06	0.96	0.74	0.26	0.85

Click cells to compare fundamentals

Splash Beverage Account Relationship Matchups

Splash Beverage fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	13.7M	6.2M	28.9M	37.4M	42.4M	44.6M
Total Assets	426.1K	9.2M	16.4M	17.3M	9.9M	6.0M
Short Long Term Debt Total	291.3K	4.4M	4.6M	4.4M	9.1M	9.6M
Total Current Liabilities	643.1K	5.4M	6.8M	5.0M	14.8M	15.5M
Total Stockholder Equity	(219.1K)	(102.0K)	8.9M	9.3M	(5.6M)	(5.3M)
Property Plant And Equipment Net	43.8K	981.3K	1.6M	1.2M	905.9K	604.8K
Net Debt	268.0K	4.0M	466.3K	(65.8K)	8.8M	9.2M
Retained Earnings	(725.4K)	(61.6M)	(90.6M)	(112.3M)	(133.3M)	(126.7M)
Accounts Payable	353.8K	1.5M	1.9M	3.4M	4.4M	4.7M
Cash	23.3K	380K	4.2M	4.4M	380.0K	361.0K
Non Current Assets Total	43.8K	7.0M	8.0M	6.6M	5.9M	3.1M
Cash And Short Term Investments	23.3K	380K	4.2M	4.4M	380.0K	361.0K
Net Receivables	309.6K	575.8K	1.2M	2.2M	1.1M	659.3K
Common Stock Total Equity	243.5K	245.5K	345.5K	9.3M	10.7M	11.2M
Liabilities And Stockholders Equity	426.1K	9.2M	16.4M	17.3M	9.9M	6.0M
Non Current Liabilities Total	2.1K	3.9M	732.7K	3.0M	753.8K	936.4K
Inventory	30.6K	798.3K	1.9M	3.7M	2.3M	2.4M
Total Liab	645.2K	9.3M	7.5M	8.0M	15.5M	16.3M
Property Plant And Equipment Gross	43.8K	981.3K	3.2M	2.9M	2.7M	2.9M
Total Current Assets	382.2K	2.2M	8.3M	10.7M	4.0M	2.9M
Accumulated Other Comprehensive Income	(92.9K)	(1.0)	(9.2M)	(20.5K)	(16.6K)	(17.4K)
Short Term Debt	289.3K	2.5M	3.9M	1.3M	8.4M	8.8M
Common Stock	345.5K	9.3M	33.6K	41.1K	44.3K	42.1K
Other Current Liab	551.7K	591.6K	389.1K	233.4K	1.9M	2.0M
Current Deferred Revenue	(331.0K)	(551.7K)	811.7K	562.0K	646.2K	678.6K
Long Term Debt	2.1K	1.9M	300K	2.5M	457.7K	721.5K
Other Stockholder Equity	160.8K	52.2M	99.5M	121.6M	127.7M	134.1M
Short Long Term Debt	270.5K	2.4M	3.6M	1.1M	8.3M	8.7M
Net Tangible Assets	(7.8M)	(9.8M)	(15.2M)	3.0M	3.5M	3.6M
Net Invested Capital	53.5K	4.2M	12.5M	12.9M	3.2M	5.2M
Net Working Capital	(260.9K)	(3.2M)	1.6M	5.7M	(10.8M)	(10.2M)
Property Plant Equipment	34.5K	199.7K	761.8K	1.6M	1.8M	1.9M
Capital Stock	345.5K	9.3M	33.6K	41.1K	44.3K	42.1K

Pair Trading with Splash Beverage

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Splash Beverage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Splash Beverage will appreciate offsetting losses from the drop in the long position's value.

Moving together with Splash Stock

0.68	VINE	Fresh Grapes LLC	Pair Corr
0.83	WVVI	Willamette Valley	Pair Corr
0.79	DEO	Diageo PLC ADR	Pair Corr

Moving against Splash Stock

0.88	BG	Bunge Limited	Pair Corr
0.75	K	Kellanova	Pair Corr
0.7	LVMUY	LVMH Moet Hennessy	Pair Corr
0.57	CL	Colgate Palmolive Financial Report 26th of July 2024	Pair Corr
0.55	BJ	BJs Wholesale Club Financial Report 28th of May 2024	Pair Corr

The ability to find closely correlated positions to Splash Beverage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Splash Beverage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Splash Beverage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Splash Beverage Group to buy it.

The correlation of Splash Beverage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Splash Beverage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Splash Beverage Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Splash Beverage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Splash Beverage Group is a strong investment it is important to analyze Splash Beverage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Splash Beverage's future performance. For an informed investment choice regarding Splash Stock, refer to the following important reports:

How To Invest In Splash

Details

Is Splash Stock a good investment?

Details

What is Splash Beverage's Net Worth?

Details

Largest Packaged Foods & Meats Companies

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Largest Beverages - Wineries & Distilleries Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Splash Beverage Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Note that the Splash Beverage Group information on this page should be used as a complementary analysis to other Splash Beverage's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Splash Stock analysis

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

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Is Splash Beverage's 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 Splash Beverage. If investors know Splash 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 Splash Beverage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.49)

Revenue Per Share

0.444

Quarterly Revenue Growth

(0.44)

Return On Assets

(0.70)

Return On Equity

(11.30)

The market value of Splash Beverage Group is measured differently than its book value, which is the value of Splash that is recorded on the company's balance sheet. Investors also form their own opinion of Splash Beverage's value that differs from its market value or its book value, called intrinsic value, which is Splash Beverage's 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 Splash Beverage's market value can be influenced by many factors that don't directly affect Splash Beverage's 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 Splash Beverage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Splash Beverage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Splash Beverage's 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.

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Splash Long Term Debt vs Net Working Capital Analysis

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Working Capital

Splash Beverage fundamental ratios Correlations

Splash Beverage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Splash Beverage fundamental ratios Accounts

Pair Trading with Splash Beverage

Moving together with Splash Stock

Moving against Splash Stock

Complementary Tools for Splash Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt	+ 1.0	Short Term Debt
Total Current Liabilities	+ 0.99	Short Long Term Debt Total
Short Term Debt	+ 0.99	Total Current Liabilities
Short Long Term Debt	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 1.0	Retained Earnings
Accounts Payable	- 0.98	Retained Earnings
Property Plant And Equipment Gross	- 0.97	Retained Earnings
Common Stock Total Equity	- 0.97	Retained Earnings
Total Liab	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Short Long Term Debt Total