Spirit Capital Surpluse vs Long Term Debt Total Analysis

SPR Stock  USD 33.02  0.95  2.96%   
Spirit Aerosystems financial indicator trend analysis is much more than just breaking down Spirit Aerosystems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spirit Aerosystems is a good investment. Please check the relationship between Spirit Aerosystems Capital Surpluse and its Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirit Aerosystems 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 american community survey.

Capital Surpluse vs Long Term Debt Total

Capital Surpluse vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spirit Aerosystems Capital Surpluse account and Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Spirit Aerosystems' Capital Surpluse and Long Term Debt Total is 0.59. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Spirit Aerosystems Holdings, assuming nothing else is changed. The correlation between historical values of Spirit Aerosystems' Capital Surpluse and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Spirit Aerosystems Holdings are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Capital Surpluse i.e., Spirit Aerosystems' Capital Surpluse and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Surpluse

Long Term Debt Total

Most indicators from Spirit Aerosystems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spirit Aerosystems 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 Spirit Aerosystems 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 american community survey.
At this time, Spirit Aerosystems' Tax Provision is relatively stable compared to the past year. As of 05/03/2024, Issuance Of Capital Stock is likely to grow to about 231.7 M, while Enterprise Value Over EBITDA is likely to drop 19.14.
 2021 2022 2023 2024 (projected)
Interest Expense242.6M244.1M323.9M340.1M
Depreciation And Amortization327.6M337.1M315.6M210.2M

Spirit Aerosystems fundamental ratios Correlations

0.730.720.85-0.140.830.950.230.480.570.660.770.940.520.810.720.770.79-0.41-0.410.870.140.31-0.640.90.45
0.730.550.69-0.760.60.620.240.90.10.530.570.770.250.451.00.570.69-0.75-0.790.89-0.190.07-0.810.880.73
0.720.550.86-0.250.510.830.190.510.330.530.310.840.480.60.560.310.71-0.42-0.330.640.070.14-0.520.720.4
0.850.690.86-0.30.520.910.450.550.480.820.530.890.390.750.690.530.94-0.58-0.480.76-0.010.03-0.710.850.57
-0.14-0.76-0.25-0.3-0.13-0.06-0.17-0.880.42-0.2-0.05-0.310.110.1-0.77-0.05-0.320.70.73-0.530.40.170.57-0.5-0.62
0.830.60.510.52-0.130.72-0.020.410.280.240.60.760.410.590.580.60.44-0.16-0.220.770.230.59-0.380.740.32
0.950.620.830.91-0.060.720.270.420.660.690.640.940.530.880.620.640.85-0.42-0.380.750.110.25-0.650.820.41
0.230.240.190.45-0.17-0.020.270.110.320.270.330.310.160.440.230.330.44-0.46-0.380.2-0.37-0.41-0.450.270.33
0.480.90.510.55-0.880.410.420.11-0.220.430.170.59-0.070.160.910.170.51-0.67-0.660.72-0.07-0.05-0.630.720.77
0.570.10.330.480.420.280.660.32-0.220.390.650.530.630.820.080.650.57-0.28-0.260.26-0.160.12-0.50.33-0.11
0.660.530.530.82-0.20.240.690.270.430.390.410.60.070.570.540.410.86-0.42-0.320.560.1-0.1-0.530.650.52
0.770.570.310.53-0.050.60.640.330.170.650.410.670.710.730.551.00.63-0.45-0.550.67-0.310.25-0.660.670.2
0.940.770.840.89-0.310.760.940.310.590.530.60.670.590.80.770.670.84-0.56-0.560.9-0.040.2-0.770.940.43
0.520.250.480.390.110.410.530.16-0.070.630.070.710.590.590.240.710.41-0.27-0.380.46-0.370.19-0.490.46-0.25
0.810.450.60.750.10.590.880.440.160.820.570.730.80.590.440.730.77-0.43-0.40.55-0.130.13-0.660.630.3
0.721.00.560.69-0.770.580.620.230.910.080.540.550.770.240.440.550.69-0.75-0.780.88-0.190.04-0.810.880.73
0.770.570.310.53-0.050.60.640.330.170.650.411.00.670.710.730.550.63-0.45-0.550.67-0.310.25-0.660.670.2
0.790.690.710.94-0.320.440.850.440.510.570.860.630.840.410.770.690.63-0.67-0.620.76-0.220.07-0.820.830.49
-0.41-0.75-0.42-0.580.7-0.16-0.42-0.46-0.67-0.28-0.42-0.45-0.56-0.27-0.43-0.75-0.45-0.670.96-0.580.60.20.92-0.61-0.61
-0.41-0.79-0.33-0.480.73-0.22-0.38-0.38-0.66-0.26-0.32-0.55-0.56-0.38-0.4-0.78-0.55-0.620.96-0.630.690.140.94-0.62-0.49
0.870.890.640.76-0.530.770.750.20.720.260.560.670.90.460.550.880.670.76-0.58-0.63-0.060.25-0.740.990.47
0.14-0.190.07-0.010.40.230.11-0.37-0.07-0.160.1-0.31-0.04-0.37-0.13-0.19-0.31-0.220.60.69-0.060.150.54-0.050.01
0.310.070.140.030.170.590.25-0.41-0.050.12-0.10.250.20.190.130.040.250.070.20.140.250.150.070.21-0.08
-0.64-0.81-0.52-0.710.57-0.38-0.65-0.45-0.63-0.5-0.53-0.66-0.77-0.49-0.66-0.81-0.66-0.820.920.94-0.740.540.07-0.77-0.49
0.90.880.720.85-0.50.740.820.270.720.330.650.670.940.460.630.880.670.83-0.61-0.620.99-0.050.21-0.770.52
0.450.730.40.57-0.620.320.410.330.77-0.110.520.20.43-0.250.30.730.20.49-0.61-0.490.470.01-0.08-0.490.52
Click cells to compare fundamentals

Spirit Aerosystems Account Relationship Matchups

Spirit Aerosystems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6B8.4B7.7B6.7B7.0B5.9B
Short Long Term Debt Total3.1B3.9B3.9B4.0B4.2B4.4B
Other Current Liab469.5M684.5M927.4M837.9M737.1M547.3M
Total Current Liabilities1.8B1.7B1.9B2.0B2.2B1.4B
Total Stockholder Equity1.8B856.5M448.3M(247.5M)(499.7M)(474.7M)
Other Liab1.1B2.2B1.6B1.1B1.2B1.2B
Property Plant And Equipment Net2.3B2.6B2.5B2.3B2.2B1.9B
Current Deferred Revenue176.7M119.8M170.6M132.8M280.5M151.3M
Net Debt732.8M2.1B2.4B3.3B3.4B3.5B
Retained Earnings3.2B2.3B1.8B1.2B616.3M585.5M
Accounts Payable1.1B558.9M720.3M919.8M1.1B684.2M
Cash2.4B1.9B1.5B658.6M823.6M757.2M
Non Current Assets Total3.0B3.9B3.9B3.5B3.2B2.6B
Non Currrent Assets Other524.6M540.8M623.3M359.9M171.4M162.8M
Other Assets619.6M615M624.5M364.6M419.3M436.2M
Long Term Debt2.9B3.5B3.7B3.8B3.9B4.1B
Cash And Short Term Investments2.4B1.9B1.5B658.6M823.6M757.2M
Net Receivables1.1B852.8M904.8M990.5M1.1B635.8M
Common Stock Shares Outstanding104.7M103.9M104.2M104.6M106.6M100.1M
Liabilities And Stockholders Equity7.6B8.4B7.7B6.7B7.0B5.9B
Non Current Liabilities Total4.1B5.8B5.4B5.0B5.2B3.1B
Inventory1.1B1.4B1.4B1.5B1.8B1.3B
Other Current Assets98.7M336.3M39.7M38.3M47.2M44.8M
Other Stockholder Equity(1.3B)(1.3B)(1.3B)(1.3B)(1.0B)(976.2M)
Total Liab5.8B7.5B7.3B6.9B7.4B4.5B
Property Plant And Equipment Gross2.3B2.6B2.4B2.2B5.4B5.7B
Total Current Assets4.6B4.5B3.8B3.2B3.8B3.3B
Accumulated Other Comprehensive Income(109.2M)(154.1M)(23.7M)(203.9M)(89.6M)(94.1M)
Short Term Debt56.2M346.2M57.7M62M73.9M51.1M
Intangible Assets1.2M215.2M212.3M211.4M196.2M206.0M
Property Plant Equipment2.3B2.5B2.5B2.3B2.6B1.8B
Net Tangible Assets2.4B1.7B(387.7M)266.7M240.0M228.0M
Retained Earnings Total Equity3.2B2.3B1.8B1.2B1.4B1.8B
Long Term Debt Total3.0B3.5B3.7B3.8B4.4B4.6B

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When determining whether Spirit Aerosystems is a strong investment it is important to analyze Spirit Aerosystems' 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 Spirit Aerosystems' future performance. For an informed investment choice regarding Spirit Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirit Aerosystems 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 american community survey.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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Is Spirit Aerosystems' 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 Spirit Aerosystems. If investors know Spirit 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 Spirit Aerosystems 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
(0.21)
Earnings Share
(5.78)
Revenue Per Share
56.735
Quarterly Revenue Growth
0.373
Return On Assets
(0.02)
The market value of Spirit Aerosystems is measured differently than its book value, which is the value of Spirit that is recorded on the company's balance sheet. Investors also form their own opinion of Spirit Aerosystems' value that differs from its market value or its book value, called intrinsic value, which is Spirit Aerosystems' 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 Spirit Aerosystems' market value can be influenced by many factors that don't directly affect Spirit Aerosystems' 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 Spirit Aerosystems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spirit Aerosystems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spirit Aerosystems' 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.