SPS Good Will vs Other Stockholder Equity 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 Good Will and its Other Stockholder Equity 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.

Good Will vs Other Stockholder Equity

Good Will vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPS Commerce Good Will account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between SPS Commerce's Good Will and Other Stockholder Equity is 0.62. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity 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 Good Will and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of SPS Commerce are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Good Will i.e., SPS Commerce's Good Will and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Stockholder Equity

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

Gross Profit Total Revenue

SPS Commerce fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		-0.23	0.99	0.99	1.0	0.94	0.98	-0.88	0.97	0.76	0.76	0.97	0.79	0.8	0.99	0.98	0.95	0.7	0.91	-0.03	0.61	0.75	0.9	0.9	0.8	-0.26
Short Long Term Debt Total	-0.23		-0.23	-0.33	-0.14	-0.19	-0.36	-0.11	-0.4	-0.13	0.2	-0.36	-0.49	0.13	-0.19	-0.38	-0.11	0.43	-0.21	-0.85	0.0	0.34	-0.58	-0.43	0.13	0.73
Other Current Liab	0.99	-0.23		0.99	0.98	0.95	0.98	-0.86	0.96	0.75	0.75	0.96	0.76	0.81	0.99	0.96	0.94	0.69	0.94	0.0	0.57	0.73	0.91	0.89	0.81	-0.29
Total Current Liabilities	0.99	-0.33	0.99		0.97	0.95	1.0	-0.81	0.99	0.78	0.71	0.97	0.77	0.76	0.98	0.98	0.95	0.61	0.92	0.07	0.62	0.67	0.95	0.89	0.78	-0.35
Total Stockholder Equity	1.0	-0.14	0.98	0.97		0.93	0.96	-0.9	0.95	0.74	0.78	0.96	0.77	0.81	0.98	0.96	0.95	0.74	0.9	-0.13	0.61	0.79	0.86	0.88	0.81	-0.19
Property Plant And Equipment Net	0.94	-0.19	0.95	0.95	0.93		0.94	-0.8	0.91	0.8	0.78	0.88	0.6	0.82	0.95	0.9	0.97	0.7	0.89	0.07	0.64	0.73	0.9	0.77	0.86	-0.36
Current Deferred Revenue	0.98	-0.36	0.98	1.0	0.96	0.94		-0.78	0.99	0.77	0.67	0.98	0.79	0.73	0.96	0.99	0.94	0.57	0.9	0.09	0.64	0.63	0.95	0.9	0.74	-0.37
Net Debt	-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	-0.76	0.28	-0.51	-0.88	-0.66	-0.72	-0.86	-0.08
Retained Earnings	0.97	-0.4	0.96	0.99	0.95	0.91	0.99	-0.75		0.74	0.63	0.99	0.83	0.68	0.94	0.99	0.93	0.52	0.86	0.09	0.63	0.59	0.94	0.92	0.69	-0.38
Accounts Payable	0.76	-0.13	0.75	0.78	0.74	0.8	0.77	-0.64	0.74		0.74	0.69	0.33	0.8	0.75	0.73	0.73	0.67	0.76	0.05	0.64	0.72	0.73	0.47	0.85	-0.18
Cash	0.76	0.2	0.75	0.71	0.78	0.78	0.67	-0.92	0.63	0.74		0.63	0.35	0.98	0.76	0.64	0.78	0.92	0.69	-0.22	0.59	0.95	0.58	0.52	0.96	0.12
Non Current Assets Total	0.97	-0.36	0.96	0.97	0.96	0.88	0.98	-0.78	0.99	0.69	0.63		0.88	0.67	0.95	1.0	0.91	0.55	0.85	0.03	0.59	0.62	0.91	0.95	0.67	-0.34
Non Currrent Assets Other	0.79	-0.49	0.76	0.77	0.77	0.6	0.79	-0.58	0.83	0.33	0.35	0.88		0.37	0.75	0.85	0.68	0.26	0.63	0.07	0.33	0.34	0.74	0.96	0.33	-0.31
Cash And Short Term Investments	0.8	0.13	0.81	0.76	0.81	0.82	0.73	-0.89	0.68	0.8	0.98	0.67	0.37		0.81	0.68	0.8	0.91	0.79	-0.15	0.61	0.95	0.65	0.55	0.99	0.05
Net Receivables	0.99	-0.19	0.99	0.98	0.98	0.95	0.96	-0.86	0.94	0.75	0.76	0.95	0.75	0.81		0.95	0.95	0.72	0.94	-0.04	0.56	0.76	0.89	0.87	0.82	-0.24
Good Will	0.98	-0.38	0.96	0.98	0.96	0.9	0.99	-0.77	0.99	0.73	0.64	1.0	0.85	0.68	0.95		0.92	0.55	0.86	0.06	0.61	0.62	0.93	0.93	0.69	-0.37
Common Stock Total Equity	0.95	-0.11	0.94	0.95	0.95	0.97	0.94	-0.84	0.93	0.73	0.78	0.91	0.68	0.8	0.95	0.92		0.7	0.83	-0.08	0.68	0.74	0.85	0.83	0.81	-0.25
Common Stock Shares Outstanding	0.7	0.43	0.69	0.61	0.74	0.7	0.57	-0.87	0.52	0.67	0.92	0.55	0.26	0.91	0.72	0.55	0.7		0.67	-0.44	0.45	0.98	0.42	0.4	0.91	0.25
Short Term Investments	0.91	-0.21	0.94	0.92	0.9	0.89	0.9	-0.76	0.86	0.76	0.69	0.85	0.63	0.79	0.94	0.86	0.83	0.67		0.04	0.5	0.71	0.86	0.75	0.82	-0.26
Non Current Liabilities Total	-0.03	-0.85	0.0	0.07	-0.13	0.07	0.09	0.28	0.09	0.05	-0.22	0.03	0.07	-0.15	-0.04	0.06	-0.08	-0.44	0.04		-0.16	-0.39	0.38	0.06	-0.13	-0.76
Other Current Assets	0.61	0.0	0.57	0.62	0.61	0.64	0.64	-0.51	0.63	0.64	0.59	0.59	0.33	0.61	0.56	0.61	0.68	0.45	0.5	-0.16		0.57	0.52	0.47	0.62	-0.06
Other Stockholder Equity	0.75	0.34	0.73	0.67	0.79	0.73	0.63	-0.88	0.59	0.72	0.95	0.62	0.34	0.95	0.76	0.62	0.74	0.98	0.71	-0.39	0.57		0.49	0.48	0.93	0.21
Total Liab	0.9	-0.58	0.91	0.95	0.86	0.9	0.95	-0.66	0.94	0.73	0.58	0.91	0.74	0.65	0.89	0.93	0.85	0.42	0.86	0.38	0.52	0.49		0.85	0.67	-0.57
Property Plant And Equipment Gross	0.9	-0.43	0.89	0.89	0.88	0.77	0.9	-0.72	0.92	0.47	0.52	0.95	0.96	0.55	0.87	0.93	0.83	0.4	0.75	0.06	0.47	0.48	0.85		0.52	-0.32
Total Current Assets	0.8	0.13	0.81	0.78	0.81	0.86	0.74	-0.86	0.69	0.85	0.96	0.67	0.33	0.99	0.82	0.69	0.81	0.91	0.82	-0.13	0.62	0.93	0.67	0.52		0.0
Short Term Debt	-0.26	0.73	-0.29	-0.35	-0.19	-0.36	-0.37	-0.08	-0.38	-0.18	0.12	-0.34	-0.31	0.05	-0.24	-0.37	-0.25	0.25	-0.26	-0.76	-0.06	0.21	-0.57	-0.32	0.0

Click cells to compare fundamentals

SPS Commerce Account Relationship Matchups

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:

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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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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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

1.75

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.

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SPS Good Will vs Other Stockholder Equity Analysis

Good Will vs Other Stockholder Equity

Good Will vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Good Will

Other Stockholder Equity

SPS Commerce fundamental ratios Correlations

SPS Commerce Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SPS Commerce fundamental ratios Accounts

SPS Commerce Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Good Will	+ 1.0	Non Current Assets Total
Other Current Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets

Cash	- 0.92	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Cash And Short Term Investments	- 0.89	Net Debt
Other Stockholder Equity	- 0.88	Net Debt
Net Debt	- 0.88	Total Assets
Common Stock Shares Outstanding	- 0.87	Net Debt