SPGI Total Assets vs Accounts Payable Analysis

SPGI Stock  USD 425.45  2.64  0.62%   
SP Global financial indicator trend analysis is much more than just breaking down SP Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SP Global is a good investment. Please check the relationship between SP Global Total Assets and its Accounts Payable accounts. 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.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SP Global Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between SP Global's Total Assets and Accounts Payable is 0.79. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of SP Global, assuming nothing else is changed. The correlation between historical values of SP Global's Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of SP Global are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., SP Global's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Accounts Payable

An accounting item on the balance sheet that represents SP Global obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SP Global are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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

SP Global Investors Sentiment

The influence of SP Global's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SPGI. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SP Global's public news can be used to forecast risks associated with an investment in SPGI. The trend in average sentiment can be used to explain how an investor holding SPGI can time the market purely based on public headlines and social activities around SP Global. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SP Global's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SP Global's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SP Global's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SP Global.

SP Global Implied Volatility

    
  31.03  
SP Global's implied volatility exposes the market's sentiment of SP Global stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if SP Global's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that SP Global stock will not fluctuate a lot when SP Global's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SP Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SP Global's short interest history, or implied volatility extrapolated from SP Global options trading.

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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.
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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.