SPS Common Stock Total Equity vs Total Liab Analysis

SPSC Stock  USD 194.02  1.26  0.65%   
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 Total Equity and its Total 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 Total Equity vs Total Liab

Common Stock Total Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPS Commerce Common Stock Total Equity account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SPS Commerce's Common Stock Total Equity and Total Liab is 0.85. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total 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 Total Equity and Total 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 Total Equity of SPS Commerce are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock Total Equity i.e., SPS Commerce's Common Stock Total Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Profit253.6M297.8M354.8M372.6M
Total Revenue385.3M450.9M536.9M563.8M

SPS Commerce fundamental ratios Correlations

-0.230.990.991.00.940.98-0.880.970.760.760.970.790.80.990.980.950.70.91-0.030.610.750.90.90.8-0.26
-0.23-0.23-0.33-0.14-0.19-0.36-0.11-0.4-0.130.2-0.36-0.490.13-0.19-0.38-0.110.43-0.21-0.850.00.34-0.58-0.430.130.73
0.99-0.230.990.980.950.98-0.860.960.750.750.960.760.810.990.960.940.690.940.00.570.730.910.890.81-0.29
0.99-0.330.990.970.951.0-0.810.990.780.710.970.770.760.980.980.950.610.920.070.620.670.950.890.78-0.35
1.0-0.140.980.970.930.96-0.90.950.740.780.960.770.810.980.960.950.740.9-0.130.610.790.860.880.81-0.19
0.94-0.190.950.950.930.94-0.80.910.80.780.880.60.820.950.90.970.70.890.070.640.730.90.770.86-0.36
0.98-0.360.981.00.960.94-0.780.990.770.670.980.790.730.960.990.940.570.90.090.640.630.950.90.74-0.37
-0.88-0.11-0.86-0.81-0.9-0.8-0.78-0.75-0.64-0.92-0.78-0.58-0.89-0.86-0.77-0.84-0.87-0.760.28-0.51-0.88-0.66-0.72-0.86-0.08
0.97-0.40.960.990.950.910.99-0.750.740.630.990.830.680.940.990.930.520.860.090.630.590.940.920.69-0.38
0.76-0.130.750.780.740.80.77-0.640.740.740.690.330.80.750.730.730.670.760.050.640.720.730.470.85-0.18
0.760.20.750.710.780.780.67-0.920.630.740.630.350.980.760.640.780.920.69-0.220.590.950.580.520.960.12
0.97-0.360.960.970.960.880.98-0.780.990.690.630.880.670.951.00.910.550.850.030.590.620.910.950.67-0.34
0.79-0.490.760.770.770.60.79-0.580.830.330.350.880.370.750.850.680.260.630.070.330.340.740.960.33-0.31
0.80.130.810.760.810.820.73-0.890.680.80.980.670.370.810.680.80.910.79-0.150.610.950.650.550.990.05
0.99-0.190.990.980.980.950.96-0.860.940.750.760.950.750.810.950.950.720.94-0.040.560.760.890.870.82-0.24
0.98-0.380.960.980.960.90.99-0.770.990.730.641.00.850.680.950.920.550.860.060.610.620.930.930.69-0.37
0.95-0.110.940.950.950.970.94-0.840.930.730.780.910.680.80.950.920.70.83-0.080.680.740.850.830.81-0.25
0.70.430.690.610.740.70.57-0.870.520.670.920.550.260.910.720.550.70.67-0.440.450.980.420.40.910.25
0.91-0.210.940.920.90.890.9-0.760.860.760.690.850.630.790.940.860.830.670.040.50.710.860.750.82-0.26
-0.03-0.850.00.07-0.130.070.090.280.090.05-0.220.030.07-0.15-0.040.06-0.08-0.440.04-0.16-0.390.380.06-0.13-0.76
0.610.00.570.620.610.640.64-0.510.630.640.590.590.330.610.560.610.680.450.5-0.160.570.520.470.62-0.06
0.750.340.730.670.790.730.63-0.880.590.720.950.620.340.950.760.620.740.980.71-0.390.570.490.480.930.21
0.9-0.580.910.950.860.90.95-0.660.940.730.580.910.740.650.890.930.850.420.860.380.520.490.850.67-0.57
0.9-0.430.890.890.880.770.9-0.720.920.470.520.950.960.550.870.930.830.40.750.060.470.480.850.52-0.32
0.80.130.810.780.810.860.74-0.860.690.850.960.670.330.990.820.690.810.910.82-0.130.620.930.670.520.0
-0.260.73-0.29-0.35-0.19-0.36-0.37-0.08-0.38-0.180.12-0.34-0.310.05-0.24-0.37-0.250.25-0.26-0.76-0.060.21-0.57-0.320.0
Click cells to compare fundamentals

SPS Commerce Account Relationship Matchups

SPS Commerce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets447.4M525.5M615.8M672.9M823.8M865.0M
Other Current Liab28.5M33.1M40.0M37.7M49.6M52.1M
Total Current Liabilities69.3M79.2M102.9M110.6M130.7M137.2M
Total Stockholder Equity354.9M420.7M484.3M537.1M667.5M700.8M
Property Plant And Equipment Net39.5M42.0M42.8M44.6M43.9M46.1M
Current Deferred Revenue31.5M37.9M50.4M57.4M69.2M72.6M
Net Debt(155.4M)(127.2M)(187.0M)(145.6M)(205.1M)(194.8M)
Retained Earnings49.0M93.5M138.1M193.2M259.0M272.0M
Accounts Payable4.3M5.4M8.3M11.3M7.4M4.1M
Cash179.3M149.7M207.6M162.9M219.1M118.3M
Non Current Assets Total155.8M254.7M263.4M350.1M484.8M509.0M
Non Currrent Assets Other2.5M14.9M3.0M19.6M83.9M88.1M
Cash And Short Term Investments213.5M187.5M257.3M214.3M275.4M140.7M
Net Receivables31.5M33.6M34.6M39.4M46.8M49.2M
Good Will76.8M135.3M143.7M197.3M249.2M261.6M
Common Stock Total Equity18K36K37K38K43.7K45.9K
Common Stock Shares Outstanding36.0M36.3M37.0M37.0M37.5M32.5M
Short Term Investments34.3M37.8M49.8M51.4M56.4M59.2M
Liabilities And Stockholders Equity447.4M525.5M615.8M672.9M823.8M865.0M
Non Current Liabilities Total23.2M25.6M28.7M25.2M25.7M21.1M
Other Current Assets11.3M12.3M16.0M16.3M16.8M10.3M
Other Stockholder Equity307.8M328.2M347.6M347.2M408.2M249.4M
Total Liab92.6M104.8M131.6M135.8M156.4M164.2M
Property Plant And Equipment Gross39.5M42.0M42.8M44.6M129.0M135.5M
Total Current Assets291.6M270.9M352.4M322.8M339.0M191.0M
Accumulated Other Comprehensive Income(2.0M)(1.0M)(1.4M)(3.4M)222K233.1K
Intangible Assets22.7M59.8M58.6M88.4M107.3M112.7M
Common Stock18K36K37K38K39K22.7K
Other Liab4.4M5.9M12.3M12.2M14.0M10.4M
Other Assets15.6M33.6M18.4M19.8M22.8M17.5M
Property Plant Equipment23.8M26.4M42.8M35.5M40.8M42.8M
Net Tangible Assets255.4M225.6M282.0M251.4M289.2M205.4M
Retained Earnings Total Equity49.0M93.5M138.1M193.2M222.2M233.3M
Capital Surpluse354.1M393.5M433.3M476.1M547.5M332.2M
Inventory35.3M37.5M44.5M52.8M1.00.95
Deferred Long Term Liab1.2M2.9M15.2M7.4M6.7M8.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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
1.81
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.