SP Global Financials

SPGI Stock  USD 520.51  6.05  1.18%   
Based on the analysis of SP Global's profitability, liquidity, and operating efficiency, SP Global may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. As of now, SP Global's Total Stockholder Equity is increasing as compared to previous years. The SP Global's current Net Debt is estimated to increase to about 11.2 B, while Other Current Liabilities is projected to decrease to under 1.1 B. Key indicators impacting SP Global's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.320.3351
Sufficiently Down
Very volatile
Operating Income4.2 BB
Sufficiently Up
Slightly volatile
Current Ratio0.940.8397
Moderately Up
Very volatile
The essential information of the day-to-day investment outlook for SP Global includes many different criteria found on its balance sheet. An individual investor should monitor SP Global's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in SP Global.

Net Income

2.76 Billion

  
Understanding current and past SP Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of SP Global's financial statements are interrelated, with each one affecting the others. For example, an increase in SP Global's assets may result in an increase in income on the income statement.

SP Global Earnings Geography

SP Global Stock Summary

SP Global competes with Dun Bradstreet, Moodys, MSCI, and Nasdaq. SP Global Inc., together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. SP Global Inc. was founded in 1860 and is headquartered in New York, New York. SP Global operates under Financial Data Stock Exchanges classification in the United States and is traded on New York Stock Exchange. It employs 22091 people.
Specialization
Financial Services, Financial Data & Stock Exchanges
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS78409V1044
CUSIP78409V104 580645109
LocationNew York; U.S.A
Business Address55 Water Street,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.spglobal.com
Phone212 438 1000
CurrencyUSD - US Dollar

SP Global Key Financial Ratios

SP Global Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets11.3B12.5B15.0B61.8B60.6B63.6B
Other Current Liab863M1.0B1.2B2.0B1.9B1.1B
Net Debt1.7B532M(1.9B)10.2B10.7B11.2B
Retained Earnings12.2B13.4B15.0B17.8B18.7B19.7B
Cash2.9B4.1B6.5B1.3B1.3B1.0B
Net Receivables1.6B1.6B1.7B2.5B2.8B3.0B
Inventory(1.6B)(1.6B)(1.7B)(1.2B)(922M)(875.9M)
Other Current Assets1.8B278M652M1.9B1.0B647.0M
Total Liab8.5B9.2B9.5B22.0B22.5B23.6B
Total Current Assets4.7B6.0B8.8B5.7B5.1B2.8B
Short Term Debt112M184M186M344M273M174.8M
Intangible Assets1.4B1.4B1.3B18.3B17.4B18.3B
Accounts Payable190M233M205M450M557M294.2M
Other Liab883M944M1.1B4.7B5.4B5.7B
Other Assets558M591M758M580M522M503.2M
Long Term Debt3.9B4.1B4.1B10.7B11.4B12.0B
Treasury Stock(11.0B)(12.3B)(13.5B)(13.5B)(12.1B)(11.5B)
Good Will3.6B3.7B3.5B34.5B34.9B36.6B
Net Tangible Assets(2.3B)(1.8B)670M(13.2B)(11.9B)(11.3B)

SP Global Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense198M141M119M304M334M350.7M
Total Revenue6.7B7.4B8.3B11.2B12.5B13.1B
Gross Profit4.9B5.4B6.1B7.4B12.5B13.1B
Operating Income2.8B3.2B3.6B4.2B3.1B4.0B
Ebit3.2B3.9B4.5B3.9B4.0B4.2B
Ebitda3.3B4.1B4.7B5.0B4.0B4.2B
Cost Of Revenue1.8B2.1B2.2B3.8B4.1B2.3B
Income Before Tax2.9B3.2B4.2B4.7B3.7B3.9B
Net Income2.1B2.3B3.0B3.2B2.6B2.8B
Income Tax Expense627M694M901M1.2B778M444.7M
Minority Interest180M195M(239M)274M(263M)(249.9M)
Tax Provision627M694M901M1.2B755M861.3M
Net Interest Income(198M)(141M)(119M)(304M)(344M)(326.8M)

SP Global Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory62M(150M)106M(762M)(685.8M)(651.5M)
Change In Cash928M1.2B2.4B(5.2B)4M3.8M
Free Cash Flow2.7B3.5B3.6B2.5B3.6B3.7B
Other Non Cash Items146M521M92M(1.7B)344M361.2M
Dividends Paid560M645M743M1.0B1.1B1.2B
Net Income2.3B2.5B3.3B3.5B2.9B3.0B
End Period Cash Flow2.9B4.1B6.5B1.3B1.3B1.2B
Investments(10M)19M(120M)(2M)546M573.3M
Change Receivables(135M)18M(144M)36M32.4M34.0M
Net Borrowings489M1.1B(118M)1.7B1.9B2.0B
Change To Netincome186M449M196M(2.0B)(1.8B)(1.7B)

SPGI Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining SP Global's current stock value. Our valuation model uses many indicators to compare SP Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SP Global competition to find correlations between indicators driving SP Global's intrinsic value. More Info.
SP Global is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about  0.57  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SP Global is roughly  1.75 . As of now, SP Global's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SP Global's earnings, one of the primary drivers of an investment's value.

SP Global's Earnings Breakdown by Geography

SP Global Systematic Risk

SP Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SP Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on SP Global correlated with the market. If Beta is less than 0 SP Global generally moves in the opposite direction as compared to the market. If SP Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SP Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SP Global is generally in the same direction as the market. If Beta > 1 SP Global moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in SP Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SP Global's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of SP Global growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.6)

As of now, SP Global's Price Earnings To Growth Ratio is decreasing as compared to previous years.

SP Global November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of SP Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SP Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of SP Global based on widely used predictive technical indicators. In general, we focus on analyzing SPGI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SP Global's daily price indicators and compare them against related drivers.

Complementary Tools for SPGI Stock analysis

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