SPS Common Stock vs Other Current Liab Analysis
SPSC Stock | USD 178.96 9.53 5.62% |
SPS Commerce financial indicator trend analysis is much more than just breaking down SPS Commerce prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPS Commerce is a good investment. Please check the relationship between SPS Commerce Common Stock and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPS Commerce. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade SPS Stock refer to our How to Trade SPS Stock guide.
Common Stock vs Other Current Liab
Common Stock vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPS Commerce Common Stock account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SPS Commerce's Common Stock and Other Current Liab is 0.8. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of SPS Commerce, assuming nothing else is changed. The correlation between historical values of SPS Commerce's Common Stock and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of SPS Commerce are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock i.e., SPS Commerce's Common Stock and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock
Other Current Liab
Most indicators from SPS Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPS Commerce 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 SPS Commerce. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade SPS Stock refer to our How to Trade SPS Stock guide.At present, SPS Commerce's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 253.6M | 297.8M | 354.8M | 372.6M | Total Revenue | 385.3M | 450.9M | 536.9M | 563.8M |
SPS Commerce fundamental ratios Correlations
Click cells to compare fundamentals
SPS Commerce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SPS Commerce fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 447.4M | 525.5M | 615.8M | 672.9M | 823.8M | 865.0M | |
Other Current Liab | 28.5M | 33.1M | 40.0M | 37.7M | 49.6M | 52.1M | |
Total Current Liabilities | 69.3M | 79.2M | 102.9M | 110.6M | 130.7M | 137.2M | |
Total Stockholder Equity | 354.9M | 420.7M | 484.3M | 537.1M | 667.5M | 700.8M | |
Property Plant And Equipment Net | 39.5M | 42.0M | 42.8M | 44.6M | 43.9M | 46.1M | |
Current Deferred Revenue | 31.5M | 37.9M | 50.4M | 57.4M | 69.2M | 72.6M | |
Net Debt | (155.4M) | (127.2M) | (187.0M) | (145.6M) | (205.1M) | (194.8M) | |
Retained Earnings | 49.0M | 93.5M | 138.1M | 193.2M | 259.0M | 272.0M | |
Accounts Payable | 4.3M | 5.4M | 8.3M | 11.3M | 7.4M | 4.1M | |
Cash | 179.3M | 149.7M | 207.6M | 162.9M | 219.1M | 118.3M | |
Non Current Assets Total | 155.8M | 254.7M | 263.4M | 350.1M | 484.8M | 509.0M | |
Non Currrent Assets Other | 2.5M | 14.9M | 3.0M | 19.6M | 83.9M | 88.1M | |
Cash And Short Term Investments | 213.5M | 187.5M | 257.3M | 214.3M | 275.4M | 140.7M | |
Net Receivables | 31.5M | 33.6M | 34.6M | 39.4M | 46.8M | 49.2M | |
Good Will | 76.8M | 135.3M | 143.7M | 197.3M | 249.2M | 261.6M | |
Common Stock Total Equity | 18K | 36K | 37K | 38K | 43.7K | 45.9K | |
Common Stock Shares Outstanding | 36.0M | 36.3M | 37.0M | 37.0M | 37.5M | 32.5M | |
Short Term Investments | 34.3M | 37.8M | 49.8M | 51.4M | 56.4M | 59.2M | |
Liabilities And Stockholders Equity | 447.4M | 525.5M | 615.8M | 672.9M | 823.8M | 865.0M | |
Non Current Liabilities Total | 23.2M | 25.6M | 28.7M | 25.2M | 25.7M | 21.1M | |
Other Current Assets | 11.3M | 12.3M | 16.0M | 16.3M | 16.8M | 10.3M | |
Other Stockholder Equity | 307.8M | 328.2M | 347.6M | 347.2M | 408.2M | 249.4M | |
Total Liab | 92.6M | 104.8M | 131.6M | 135.8M | 156.4M | 164.2M | |
Property Plant And Equipment Gross | 39.5M | 42.0M | 42.8M | 44.6M | 129.0M | 135.5M | |
Total Current Assets | 291.6M | 270.9M | 352.4M | 322.8M | 339.0M | 191.0M | |
Accumulated Other Comprehensive Income | (2.0M) | (1.0M) | (1.4M) | (3.4M) | 222K | 233.1K | |
Intangible Assets | 22.7M | 59.8M | 58.6M | 88.4M | 107.3M | 112.7M | |
Common Stock | 18K | 36K | 37K | 38K | 39K | 22.7K | |
Other Liab | 4.4M | 5.9M | 12.3M | 12.2M | 14.0M | 10.4M | |
Other Assets | 15.6M | 33.6M | 18.4M | 19.8M | 22.8M | 17.5M | |
Property Plant Equipment | 23.8M | 26.4M | 42.8M | 35.5M | 40.8M | 42.8M | |
Net Tangible Assets | 255.4M | 225.6M | 282.0M | 251.4M | 289.2M | 205.4M | |
Retained Earnings Total Equity | 49.0M | 93.5M | 138.1M | 193.2M | 222.2M | 233.3M | |
Capital Surpluse | 354.1M | 393.5M | 433.3M | 476.1M | 547.5M | 332.2M | |
Inventory | 35.3M | 37.5M | 44.5M | 52.8M | 1.0 | 0.95 | |
Deferred Long Term Liab | 1.2M | 2.9M | 15.2M | 7.4M | 6.7M | 8.2M |
SPS Commerce Investors Sentiment
The influence of SPS Commerce'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 SPS. 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 SPS Commerce's public news can be used to forecast risks associated with an investment in SPS. The trend in average sentiment can be used to explain how an investor holding SPS can time the market purely based on public headlines and social activities around SPS Commerce. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SPS Commerce'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 SPS Commerce'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 SPS Commerce's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SPS Commerce.
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 SPS Commerce 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, SPS Commerce's short interest history, or implied volatility extrapolated from SPS Commerce options trading.
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When determining whether SPS Commerce offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPS Commerce'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 Sps Commerce Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sps Commerce Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPS Commerce. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade SPS Stock refer to our How to Trade SPS Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for SPS Stock analysis
When running SPS Commerce's price analysis, check to measure SPS Commerce'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 SPS Commerce is operating at the current time. Most of SPS Commerce's value examination focuses on studying past and present price action to predict the probability of SPS Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPS Commerce's price. Additionally, you may evaluate how the addition of SPS Commerce to your portfolios can decrease your overall portfolio volatility.
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Is SPS Commerce'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 SPS Commerce. If investors know SPS 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 SPS Commerce 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 0.171 | Earnings Share 1.75 | Revenue Per Share 15.234 | Quarterly Revenue Growth 0.188 | Return On Assets 0.0618 |
The market value of SPS Commerce is measured differently than its book value, which is the value of SPS that is recorded on the company's balance sheet. Investors also form their own opinion of SPS Commerce's value that differs from its market value or its book value, called intrinsic value, which is SPS Commerce'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 SPS Commerce's market value can be influenced by many factors that don't directly affect SPS Commerce'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 SPS Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPS Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPS Commerce'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.