Steel Total Assets from 2010 to 2024

SPLP Stock  USD 41.05  0.05  0.12%   
Steel Partners Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 2.1 B. Total Assets is 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. View All Fundamentals
 
Total Assets  
First Reported
2011-12-31
Previous Quarter
3.7 B
Current Value
3.6 B
Quarterly Volatility
949.8 M
 
Yuan Drop
 
Covid
Check Steel Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steel Partners' main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.6 M, Interest Expense of 20 M or Selling General Administrative of 261.4 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0107 or PTB Ratio of 0.85. Steel financial statements analysis is a perfect complement when working with Steel Partners Valuation or Volatility modules.
  
Check out the analysis of Steel Partners Correlation against competitors.

Latest Steel Partners' Total Assets Growth Pattern

Below is the plot of the Total Assets of Steel Partners Holdings over the last few years. Total assets refers to the total amount of Steel Partners 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 Steel Partners Holdings 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. It is 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. Steel Partners' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Steel Partners' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.99 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Steel Total Assets Regression Statistics

Arithmetic Mean2,132,738,589
Geometric Mean0.00
Coefficient Of Variation49.23
Mean Deviation767,890,517
Median2,128,144,838
Standard Deviation1,049,941,587
Sample Variance1102377.3T
Range4B
R-Value0.84
Mean Square Error357003.9T
R-Squared0.70
Significance0.0001
Slope196,325,453
Total Sum of Squares15433282.7T

Steel Total Assets History

20242.1 B
2023B
20223.2 B
20212.7 B
20203.9 B
20192.3 B
20182.4 B

Other Fundumenentals of Steel Partners Holdings

Steel Partners Total Assets component correlations

0.350.340.880.570.720.73-0.40.980.540.04-0.180.65-0.82-0.030.290.810.70.47-0.080.770.55-0.39
0.350.290.39-0.190.540.34-0.260.30.53-0.57-0.120.67-0.430.050.110.490.35-0.29-0.470.34-0.05-0.02
0.340.290.14-0.130.51-0.060.190.20.15-0.2-0.120.6-0.090.18-0.050.620.15-0.15-0.71-0.070.090.11
0.880.390.140.340.710.89-0.530.870.490.07-0.160.66-0.89-0.020.470.740.810.210.150.890.26-0.3
0.57-0.19-0.130.340.080.37-0.240.640.240.17-0.02-0.06-0.42-0.110.170.080.230.980.30.330.93-0.33
0.720.540.510.710.080.47-0.580.70.3-0.32-0.390.95-0.63-0.110.020.660.410.01-0.390.70.25-0.36
0.730.34-0.060.890.370.47-0.330.710.490.210.070.47-0.850.10.720.590.90.230.380.810.22-0.26
-0.4-0.260.19-0.53-0.24-0.58-0.33-0.54-0.030.320.34-0.380.430.170.11-0.14-0.06-0.21-0.05-0.61-0.290.38
0.980.30.20.870.640.70.71-0.540.480.02-0.230.59-0.81-0.10.230.690.620.56-0.010.810.62-0.45
0.540.530.150.490.240.30.49-0.030.480.110.040.35-0.730.090.310.560.630.170.060.40.14-0.15
0.04-0.57-0.20.070.17-0.320.210.320.020.110.18-0.37-0.20.00.43-0.030.370.190.550.06-0.11-0.36
-0.18-0.12-0.12-0.16-0.02-0.390.070.34-0.230.040.18-0.310.10.910.51-0.040.08-0.030.31-0.26-0.130.1
0.650.670.60.66-0.060.950.47-0.380.590.35-0.37-0.31-0.59-0.020.140.730.48-0.17-0.490.640.11-0.17
-0.82-0.43-0.09-0.89-0.42-0.63-0.850.43-0.81-0.73-0.20.1-0.590.05-0.52-0.64-0.85-0.3-0.21-0.83-0.310.44
-0.030.050.18-0.02-0.11-0.110.10.17-0.10.090.00.91-0.020.050.460.220.11-0.140.05-0.17-0.130.15
0.290.11-0.050.470.170.020.720.110.230.310.430.510.14-0.520.460.360.770.040.460.36-0.01-0.01
0.810.490.620.740.080.660.59-0.140.690.56-0.03-0.040.73-0.640.220.360.74-0.03-0.290.540.09-0.05
0.70.350.150.810.230.410.9-0.060.620.630.370.080.48-0.850.110.770.740.10.270.670.07-0.21
0.47-0.29-0.150.210.980.010.23-0.210.560.170.19-0.03-0.17-0.3-0.140.04-0.030.10.290.20.92-0.37
-0.08-0.47-0.710.150.3-0.390.38-0.05-0.010.060.550.31-0.49-0.210.050.46-0.290.270.290.140.01-0.11
0.770.34-0.070.890.330.70.81-0.610.810.40.06-0.260.64-0.83-0.170.360.540.670.20.140.26-0.35
0.55-0.050.090.260.930.250.22-0.290.620.14-0.11-0.130.11-0.31-0.13-0.010.090.070.920.010.26-0.27
-0.39-0.020.11-0.3-0.33-0.36-0.260.38-0.45-0.15-0.360.1-0.170.440.15-0.01-0.05-0.21-0.37-0.11-0.35-0.27
Click cells to compare fundamentals

About Steel Partners Financial Statements

Steel Partners shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Steel Partners investors may analyze each financial statement separately, they are all interrelated. The changes in Steel Partners' assets and liabilities, for example, are also reflected in the revenues and expenses on on Steel Partners' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total AssetsB2.1 B
Intangibles To Total Assets 0.07  0.06 

Pair Trading with Steel Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Steel Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Steel Partners will appreciate offsetting losses from the drop in the long position's value.

Moving against Steel Stock

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The ability to find closely correlated positions to Steel Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steel Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Steel Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Steel Partners Holdings to buy it.
The correlation of Steel Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Steel Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steel Partners Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Steel Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Steel Stock Analysis

When running Steel Partners' price analysis, check to measure Steel Partners' 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 Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.