Spirit Interest Income from 2010 to 2024

SPR Stock

USD 32.53 0.18 0.56%

Spirit Aerosystems Interest Income yearly trend continues to be relatively stable with very little volatility. Interest Income is likely to drop to about 12.3 M. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals

Interest Income

First Reported

2019-03-31

Previous Quarter

2.3 M

Current Value

1.2 M

Quarterly Volatility

32.1 M

Covid

Check Spirit Aerosystems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spirit Aerosystems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 209.1 M, Interest Expense of 334.6 M or Total Revenue of 5.6 B, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0015 or Days Sales Outstanding of 33.78. Spirit financial statements analysis is a perfect complement when working with Spirit Aerosystems Valuation or Volatility modules.

Check out the analysis of Spirit Aerosystems Correlation against competitors.

Latest Spirit Aerosystems' Interest Income Growth Pattern

Below is the plot of the Interest Income of Spirit Aerosystems Holdings over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Spirit Aerosystems' Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spirit Aerosystems' overall financial position and show how it may be relating to other accounts over time.

Interest Income

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Interest Income

Timeline

Spirit Interest Income Regression Statistics

	Arithmetic Mean	71,923,667
	Geometric Mean	35,017,709
	Coefficient Of Variation	116.89
	Mean Deviation	62,163,867
	Median	56,800,000
	Standard Deviation	84,068,347
	Sample Variance	7067.5T
	Range	240.5M
	R-Value	0.27
	Mean Square Error	7044.2T
	R-Squared	0.07
	Significance	0.33
	Slope	5,130,661
	Total Sum of Squares	98944.8T

Spirit Interest Income History

	2024	12.3 M
	2022	244.1 M
	2021	242.6 M
	2020	195.3 M
	2019	12.9 M
	2018	8 M
	2017	6.4 M

Other Fundumenentals of Spirit Aerosystems

Net Interest Income

Spirit Aerosystems Interest Income component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Treasury Stock	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.14	0.12	0.48	0.57	0.66	0.72	0.86	0.9	0.94	0.64	0.55	-0.37	0.74	0.57	-0.27	0.02	0.63	0.32	0.02	-0.73	0.15	0.53	0.63	0.74	0.71	0.13
Total Stockholder Equity	-0.14		0.22	-0.88	0.42	-0.2	-0.77	-0.33	-0.5	0.04	-0.43	-0.84	0.58	-0.25	-0.85	0.63	0.13	-0.82	-0.41	0.23	0.52	0.54	-0.11	-0.11	-0.43	-0.26	-0.67
Current Deferred Revenue	0.12	0.22		-0.28	0.55	-0.01	-0.09	0.21	0.04	0.02	-0.05	-0.15	-0.25	0.27	-0.15	0.32	-0.31	-0.05	0.24	0.58	-0.27	0.29	0.08	0.11	0.04	0.05	-0.3
Net Debt	0.48	-0.88	-0.28		-0.22	0.43	0.91	0.52	0.72	0.33	0.57	0.92	-0.55	0.39	0.95	-0.77	-0.01	0.88	0.31	-0.21	-0.65	-0.49	0.21	0.2	0.55	0.37	0.69
Retained Earnings	0.57	0.42	0.55	-0.22		0.39	0.08	0.59	0.33	0.54	0.18	-0.16	-0.39	0.47	-0.16	0.34	0.24	0.03	0.15	0.31	-0.54	0.58	0.32	0.47	0.37	0.46	-0.38
Accounts Payable	0.66	-0.2	-0.01	0.43	0.39		0.54	0.75	0.65	0.63	0.07	0.23	-0.27	0.65	0.3	-0.21	0.13	0.51	0.38	-0.07	-0.61	0.07	-0.12	0.25	0.35	0.33	0.29
Long Term Debt	0.72	-0.77	-0.09	0.91	0.08	0.54		0.72	0.88	0.59	0.68	0.91	-0.67	0.57	0.93	-0.62	-0.08	0.97	0.42	-0.17	-0.83	-0.22	0.37	0.55	0.82	0.68	0.57
Net Receivables	0.86	-0.33	0.21	0.52	0.59	0.75	0.72		0.89	0.72	0.58	0.52	-0.6	0.86	0.55	-0.15	0.06	0.71	0.59	0.04	-0.89	0.1	0.47	0.52	0.66	0.65	0.17
Total Liab	0.9	-0.5	0.04	0.72	0.33	0.65	0.88	0.89		0.76	0.7	0.78	-0.5	0.74	0.79	-0.46	-0.06	0.82	0.45	-0.1	-0.82	-0.08	0.51	0.54	0.75	0.66	0.24
Total Current Assets	0.94	0.04	0.02	0.33	0.54	0.63	0.59	0.72	0.76		0.55	0.37	-0.17	0.59	0.39	-0.15	-0.04	0.49	0.17	-0.06	-0.54	0.29	0.45	0.69	0.7	0.72	0.13
Short Term Debt	0.64	-0.43	-0.05	0.57	0.18	0.07	0.68	0.58	0.7	0.55		0.75	-0.46	0.4	0.71	-0.27	-0.06	0.63	0.21	-0.08	-0.58	-0.06	0.91	0.55	0.71	0.7	0.24
Intangible Assets	0.55	-0.84	-0.15	0.92	-0.16	0.23	0.91	0.52	0.78	0.37	0.75		-0.56	0.43	0.99	-0.71	-0.09	0.88	0.35	-0.13	-0.65	-0.42	0.47	0.33	0.66	0.49	0.52
Common Stock	-0.37	0.58	-0.25	-0.55	-0.39	-0.27	-0.67	-0.6	-0.5	-0.17	-0.46	-0.56		-0.46	-0.57	0.24	-0.23	-0.71	-0.46	-0.13	0.87	-0.06	-0.3	-0.46	-0.67	-0.58	-0.33
Property Plant Equipment	0.74	-0.25	0.27	0.39	0.47	0.65	0.57	0.86	0.74	0.59	0.4	0.43	-0.46		0.47	0.03	0.11	0.63	0.84	0.32	-0.71	0.09	0.33	0.34	0.48	0.44	0.16
Good Will	0.57	-0.85	-0.15	0.95	-0.16	0.3	0.93	0.55	0.79	0.39	0.71	0.99	-0.57	0.47		-0.72	-0.07	0.91	0.38	-0.1	-0.67	-0.42	0.4	0.31	0.65	0.47	0.58
Net Tangible Assets	-0.27	0.63	0.32	-0.77	0.34	-0.21	-0.62	-0.15	-0.46	-0.15	-0.27	-0.71	0.24	0.03	-0.72		0.02	-0.5	0.2	0.3	0.32	0.58	0.05	0.01	-0.27	-0.07	-0.46
Short Term Investments	0.02	0.13	-0.31	-0.01	0.24	0.13	-0.08	0.06	-0.06	-0.04	-0.06	-0.09	-0.23	0.11	-0.07	0.02		-0.08	0.01	0.32	-0.12	0.21	-0.05	-0.2	-0.1	-0.09	0.02
Long Term Debt Total	0.63	-0.82	-0.05	0.88	0.03	0.51	0.97	0.71	0.82	0.49	0.63	0.88	-0.71	0.63	0.91	-0.5	-0.08		0.59	-0.09	-0.82	-0.21	0.32	0.52	0.79	0.66	0.63
Capital Surpluse	0.32	-0.41	0.24	0.31	0.15	0.38	0.42	0.59	0.45	0.17	0.21	0.35	-0.46	0.84	0.38	0.2	0.01	0.59		0.32	-0.52	0.02	0.16	0.19	0.32	0.28	0.25
Deferred Long Term Liab	0.02	0.23	0.58	-0.21	0.31	-0.07	-0.17	0.04	-0.1	-0.06	-0.08	-0.13	-0.13	0.32	-0.1	0.3	0.32	-0.09	0.32		-0.08	0.39	0.0	-0.21	-0.17	-0.17	0.01
Treasury Stock	-0.73	0.52	-0.27	-0.65	-0.54	-0.61	-0.83	-0.89	-0.82	-0.54	-0.58	-0.65	0.87	-0.71	-0.67	0.32	-0.12	-0.82	-0.52	-0.08		-0.03	-0.39	-0.55	-0.76	-0.68	-0.3
Long Term Investments	0.15	0.54	0.29	-0.49	0.58	0.07	-0.22	0.1	-0.08	0.29	-0.06	-0.42	-0.06	0.09	-0.42	0.58	0.21	-0.21	0.02	0.39	-0.03		0.1	0.43	0.21	0.36	-0.33
Short Long Term Debt	0.53	-0.11	0.08	0.21	0.32	-0.12	0.37	0.47	0.51	0.45	0.91	0.47	-0.3	0.33	0.4	0.05	-0.05	0.32	0.16	0.0	-0.39	0.1		0.49	0.54	0.59	-0.13
Cash And Equivalents	0.63	-0.11	0.11	0.2	0.47	0.25	0.55	0.52	0.54	0.69	0.55	0.33	-0.46	0.34	0.31	0.01	-0.2	0.52	0.19	-0.21	-0.55	0.43	0.49		0.92	0.97	0.07
Net Invested Capital	0.74	-0.43	0.04	0.55	0.37	0.35	0.82	0.66	0.75	0.7	0.71	0.66	-0.67	0.48	0.65	-0.27	-0.1	0.79	0.32	-0.17	-0.76	0.21	0.54	0.92		0.96	0.27
Net Working Capital	0.71	-0.26	0.05	0.37	0.46	0.33	0.68	0.65	0.66	0.72	0.7	0.49	-0.58	0.44	0.47	-0.07	-0.09	0.66	0.28	-0.17	-0.68	0.36	0.59	0.97	0.96		0.21
Capital Stock	0.13	-0.67	-0.3	0.69	-0.38	0.29	0.57	0.17	0.24	0.13	0.24	0.52	-0.33	0.16	0.58	-0.46	0.02	0.63	0.25	0.01	-0.3	-0.33	-0.13	0.07	0.27	0.21

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About Spirit Aerosystems Financial Statements

Spirit Aerosystems shareholders use historical fundamental indicators, such as Interest Income, to determine how well the company is positioned to perform in the future. Although Spirit Aerosystems investors may analyze each financial statement separately, they are all interrelated. The changes in Spirit Aerosystems' assets and liabilities, for example, are also reflected in the revenues and expenses on on Spirit Aerosystems' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Interest Income	12.9 M	12.3 M
Net Interest Income	-305.8 M	-290.5 M

Pair Trading with Spirit Aerosystems

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 Spirit Aerosystems 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 Spirit Aerosystems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Spirit Stock

0.9

Boeing Fiscal Year End 29th of January 2025

Pair Corr

Moving against Spirit Stock

0.74	CW	Curtiss Wright	Pair Corr
0.6	DRS	Leonardo DRS, Common	Pair Corr
0.54	ESLT	Elbit Systems	Pair Corr
0.52	EH	Ehang Holdings	Pair Corr
0.45	CAE	CAE Inc	Pair Corr

The ability to find closely correlated positions to Spirit Aerosystems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spirit Aerosystems 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 Spirit Aerosystems - 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 Spirit Aerosystems Holdings to buy it.

The correlation of Spirit Aerosystems 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 Spirit Aerosystems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spirit Aerosystems 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 Spirit Aerosystems 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 Correlation Correlation Matching

Additional Tools for Spirit Stock Analysis

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

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Spirit Interest Income from 2010 to 2024

Latest Spirit Aerosystems' Interest Income Growth Pattern

Spirit Interest Income Regression Statistics

Spirit Interest Income History

Other Fundumenentals of Spirit Aerosystems

Spirit Aerosystems Interest Income component correlations

About Spirit Aerosystems Financial Statements

Pair Trading with Spirit Aerosystems

Moving together with Spirit Stock

Moving against Spirit Stock

Additional Tools for Spirit Stock Analysis

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