SPGI Net Income vs Tax Liabilities Analysis

SPGI Stock  USD 422.81  3.32  0.79%   
Trend analysis of SP Global balance sheet accounts such as Total Stockholder Equity of 35.9 B, Property Plant And Equipment Net of 463.7 M, Net Debt of 11.2 B or Retained Earnings of 19.7 B provides information on SP Global's total assets, liabilities, and equity, which is the actual value of SP Global to its prevalent stockholders. By breaking down trends over time using SP Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.

About SPGI Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of SP Global at a specified time, usually calculated after every quarter, six months, or one year. SP Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SP Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which SPGI currently owns. An asset can also be divided into two categories, current and non-current.

SP Global Balance Sheet Chart

SP Global Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how SP Global uses and utilizes its capital. It also shows what exactly a company owns and owes.
As of now, SP Global's Total Stockholder Equity is increasing as compared to previous years. The SP Global's current Net Debt is estimated to increase to about 11.2 B, while Other Current Liabilities is projected to decrease to under 1.1 B.

Total Assets

Total assets refers to the total amount of SP Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SP Global books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on SP Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SP Global are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from SP Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SP Global 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 SP Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.As of now, SP Global's Tax Provision is increasing as compared to previous years. The SP Global's current Enterprise Value Multiple is estimated to increase to 30.29, while Selling General Administrative is projected to decrease to under 2 B.
 2021 2022 2023 2024 (projected)
Interest Expense119M304M334M350.7M
Depreciation And Amortization229M1.0B1.1B1.2B

SP Global fundamental ratios Correlations

0.970.420.890.990.390.960.85-0.171.00.53-0.170.940.150.980.110.180.910.980.230.090.990.790.630.360.36
0.970.310.870.930.480.940.92-0.020.950.63-0.020.97-0.021.0-0.050.240.790.990.340.090.940.730.690.290.29
0.420.310.640.410.060.290.320.00.40.080.00.34-0.060.340.070.370.390.420.360.00.420.550.00.610.61
0.890.870.640.850.430.790.880.030.870.590.030.91-0.180.880.060.360.710.930.440.210.860.780.60.540.54
0.990.930.410.850.310.960.77-0.281.00.45-0.280.890.270.950.20.120.960.950.120.091.00.790.570.370.37
0.390.480.060.430.310.310.610.390.350.80.390.53-0.240.46-0.310.530.130.460.60.290.320.40.61-0.17-0.17
0.960.940.290.790.960.310.75-0.370.970.43-0.370.880.220.950.210.050.910.930.020.120.970.760.580.370.37
0.850.920.320.880.770.610.750.290.810.80.290.97-0.340.91-0.270.450.550.920.590.060.790.670.710.250.26
-0.17-0.020.00.03-0.280.39-0.370.29-0.240.451.00.07-0.67-0.07-0.730.5-0.5-0.050.84-0.1-0.27-0.230.16-0.27-0.27
1.00.950.40.871.00.350.970.81-0.240.49-0.240.920.20.970.150.130.930.970.160.081.00.790.610.370.37
0.530.630.080.590.450.80.430.80.450.490.450.7-0.340.61-0.390.680.230.610.670.320.460.480.54-0.09-0.09
-0.17-0.020.00.03-0.280.39-0.370.291.0-0.240.450.07-0.67-0.07-0.720.5-0.5-0.040.84-0.1-0.27-0.230.16-0.27-0.27
0.940.970.340.910.890.530.880.970.070.920.70.07-0.150.97-0.090.280.720.980.410.080.90.740.750.30.3
0.15-0.02-0.06-0.180.27-0.240.22-0.34-0.670.2-0.34-0.67-0.150.030.59-0.470.51-0.02-0.560.070.230.17-0.1-0.12-0.12
0.981.00.340.880.950.460.950.91-0.070.970.61-0.070.970.03-0.010.220.830.990.310.070.960.750.670.310.32
0.11-0.050.070.060.2-0.310.21-0.27-0.730.15-0.39-0.72-0.090.59-0.01-0.580.380.01-0.560.390.170.240.10.280.28
0.180.240.370.360.120.530.050.450.50.130.680.50.28-0.470.22-0.58-0.050.260.720.20.130.3-0.130.140.14
0.910.790.390.710.960.130.910.55-0.50.930.23-0.50.720.510.830.38-0.050.82-0.110.090.940.730.420.360.37
0.980.990.420.930.950.460.930.92-0.050.970.61-0.040.98-0.020.990.010.260.820.340.110.960.770.670.370.37
0.230.340.360.440.120.60.020.590.840.160.670.840.41-0.560.31-0.560.72-0.110.340.120.140.260.290.030.03
0.090.090.00.210.090.290.120.06-0.10.080.32-0.10.080.070.070.390.20.090.110.120.080.250.090.190.19
0.990.940.420.861.00.320.970.79-0.271.00.46-0.270.90.230.960.170.130.940.960.140.080.780.580.380.39
0.790.730.550.780.790.40.760.67-0.230.790.48-0.230.740.170.750.240.30.730.770.260.250.780.450.60.6
0.630.690.00.60.570.610.580.710.160.610.540.160.75-0.10.670.1-0.130.420.670.290.090.580.45-0.02-0.02
0.360.290.610.540.37-0.170.370.25-0.270.37-0.09-0.270.3-0.120.310.280.140.360.370.030.190.380.6-0.021.0
0.360.290.610.540.37-0.170.370.26-0.270.37-0.09-0.270.3-0.120.320.280.140.370.370.030.190.390.6-0.021.0
Click cells to compare fundamentals

SP Global Account Relationship Matchups

SP Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.3B12.5B15.0B61.8B60.6B63.6B
Short Long Term Debt Total4.6B4.7B4.6B11.5B12B12.6B
Other Current Liab863M1.1B1.3B2.2B2.1B1.1B
Total Current Liabilities3.1B3.6B3.8B6.0B6.1B6.4B
Total Stockholder Equity536M571M2.1B36.5B34.2B35.9B
Property Plant And Equipment Net996M778M667M720M637M463.7M
Net Debt1.7B532M(1.9B)10.2B10.7B11.2B
Retained Earnings12.2B13.4B15.0B17.8B18.7B19.7B
Cash2.9B4.1B6.5B1.3B1.3B1.0B
Non Current Assets Total6.6B6.5B6.2B56.1B55.4B58.2B
Non Currrent Assets Other641M684M758M794M536M622.5M
Cash And Short Term Investments2.9B4.1B6.5B1.3B1.3B1.0B
Net Receivables1.6B1.6B1.7B2.5B2.8B3.0B
Common Stock Shares Outstanding246.9M242.1M241.8M318.5M318.9M275.8M
Liabilities And Stockholders Equity11.3B12.5B15.0B61.8B60.6B63.6B
Non Current Liabilities Total5.5B5.6B5.7B16.0B16.4B17.2B
Inventory(1.6B)(1.6B)(1.7B)(1.2B)1M1.1M
Other Current Assets1.8B1.9B2.3B3.1B1B772.5M
Other Stockholder Equity(11.3B)(12.5B)(12.4B)19.2B15.8B16.6B
Total Liab8.5B9.2B9.5B22.0B22.5B23.6B
Total Current Assets4.7B6.0B8.8B5.7B5.1B2.8B
Short Term Debt112M100M96M226M47M83.5M
Intangible Assets1.4B1.4B1.3B18.3B17.4B18.3B
Accounts Payable190M233M205M450M557M294.2M
Property Plant And Equipment Gross996M871M861M297M1.4B1.5B
Accumulated Other Comprehensive Income(624M)(637M)(841M)(886M)(763M)(724.9M)
Other Liab883M944M1.1B4.7B5.4B5.7B
Other Assets558M591M758M580M522M503.2M
Long Term Debt3.9B4.1B4.1B10.7B11.4B12.0B
Treasury Stock(11.0B)(12.3B)(13.5B)(13.5B)(12.1B)(11.5B)
Property Plant Equipment320M284M241M297M267.3M324.5M
Current Deferred Revenue1.9B2.2B2.2B3.1B3.5B3.6B
Good Will3.6B3.7B3.5B34.5B34.9B36.6B
Net Tangible Assets(2.3B)(1.8B)670M(13.2B)(11.9B)(11.3B)
Retained Earnings Total Equity12.2B13.4B15.0B17.8B20.5B10.9B
Short Term Investments28M9M11M14M26M27.3M

Currently Active Assets on Macroaxis

When determining whether SP Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sp Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Global Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.
Note that the SP Global information on this page should be used as a complementary analysis to other SP Global'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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for SPGI Stock analysis

When running SP Global's price analysis, check to measure SP Global'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 SP Global is operating at the current time. Most of SP Global's value examination focuses on studying past and present price action to predict the probability of SP Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Global's price. Additionally, you may evaluate how the addition of SP Global to your portfolios can decrease your overall portfolio volatility.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
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
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is SP Global'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 SP Global. If investors know SPGI 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 SP Global 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
0.367
Dividend Share
3.6
Earnings Share
8.22
Revenue Per Share
39.249
Quarterly Revenue Growth
0.073
The market value of SP Global is measured differently than its book value, which is the value of SPGI that is recorded on the company's balance sheet. Investors also form their own opinion of SP Global's value that differs from its market value or its book value, called intrinsic value, which is SP Global'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 SP Global's market value can be influenced by many factors that don't directly affect SP Global'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 SP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Global'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.