Steel Partners Financials

SPLP Stock  USD 41.05  0.05  0.12%   
Based on the key indicators related to Steel Partners' liquidity, profitability, solvency, and operating efficiency, Steel Partners Holdings is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Steel Partners' Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/26/2024, Other Current Assets is likely to grow to about 1.8 B, while Accounts Payable is likely to drop slightly above 78.7 M. Key indicators impacting Steel Partners' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.181.2722
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for Steel Partners includes many different criteria found on its balance sheet. An individual investor should monitor Steel Partners' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Steel Partners.

Net Income

158.37 Million

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

Steel Partners Earnings Geography

Steel Partners Stock Summary

Steel Partners competes with Vast Renewables, 1847 Holdings, Westport Fuel, Brookfield Business, and FTAI Infrastructure. Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide. The company was founded in 1990 and is based in New York, New York. Steel Partners operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 4500 people.
Specialization
Industrials, Capital Goods
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS85814R1077
CUSIP85814R107
LocationNew York; U.S.A
Business Address590 Madison Avenue,
SectorIndustrial Conglomerates
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.steelpartners.com
Phone212 520 2300
CurrencyUSD - US Dollar

Steel Partners Key Financial Ratios

Steel Partners Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.3B3.9B2.7B3.2B4.0B2.1B
Other Current Liab698.4M405.5M580.6M1.5B1.9B2.0B
Other Liab346.7M295.8M506.6M373.1M429.1M326.1M
Net Tangible Assets168.2M400.6M549.2M706.7M812.7M853.3M
Accounts Payable99.8M100.8M123.3M109.6M131.9M78.7M
Cash148.3M135.8M325.4M234.4M577.9M606.8M
Other Assets317.6M2.3B4.1B615.5M1.00.95
Long Term Debt391.1M2.4B603.8M221.3M206.4M196.1M
Net Receivables512.5M399.1M536.9M724.9M935.4M982.2M
Good Will149.6M150.9M148.0M125.8M148.8M111.5M
Inventory167.8M137.1M184.3M214.1M202.3M118.0M
Other Current Assets36.3M131.2M237.6M1.2B1.7B1.8B
Total Liab1.9B3.4B2.0B2.4B3.0B1.5B
Short Long Term Debt17.4M10.8M1.2M752K67K63.7K
Total Current Assets1.1B803.3M1.3B1.8B2.6B2.8B
Short Term Debt17.4M10.8M11.1M10.6M19.9M14.0M
Intangible Assets158.6M138.6M119.8M94.8M114.2M138.7M
Common Stock654.2M707.3M795.1M952.1M1.4B711.7M
Net Debt291.5M2.3B307.1M23.1M(132.3M)(125.7M)

Steel Partners Key Income Statement Accounts

The reason investors look at the income statement is to determine what Steel Partners' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense41.4M29.5M22.3M20.6M18.4M20.0M
Total Revenue1.6B1.3B1.5B1.7B1.9B1.2B
Gross Profit493.3M439.0M513.1M581.6M670.2M391.2M
Operating Income94.2M65.6M247.2M178.8M80.4M85.2M
Ebit166.3M56.6M236.9M178.8M165.2M115.5M
Ebitda166.5M131.0M307.7M232.6M221.8M148.1M
Cost Of Revenue1.1B871.6M1.0B1.1B1.2B826.9M
Income Before Tax27.8M125.4M200.9M275.5M161.2M169.3M
Net Income11.9M72.7M131.4M206.0M150.8M158.4M
Income Tax Expense15.9M38.1M84.1M73.9M(1.7M)(1.6M)
Minority Interest(97K)603K1.2M193K(1.8M)(1.7M)
Non Recurring22.8M39.2M83.3M1.1M990K940.5K
Tax Provision15.9M38.1M84.1M73.9M16.0M29.0M
Net Interest Income(41.4M)(29.5M)(22.3M)(20.6M)(85.9M)(81.6M)

Steel Partners Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(199.0M)(2.2M)189.6M(90.9M)343.5M360.7M
Free Cash Flow68.7M300.9M25.4M(257.8M)(30.2M)(28.7M)
Depreciation72.3M65.3M60.5M53.8M56.6M52.8M
Other Non Cash Items75.4M15.2M(1.1M)(98.7M)87.2M91.6M
Capital Expenditures43.0M23.2M52.3M47.5M51.5M36.4M
Net Income3.9M83.5M132.4M206.2M150.8M158.4M
End Period Cash Flow148.3M135.8M325.4M234.4M577.9M295.2M
Change To Inventory(9.5M)12.2M(48.3M)(41.1M)19.2M20.2M
Investments(275.0M)29.5M(13.5M)(176.6M)(259.6M)(246.6M)
Net Borrowings(72.0M)2.0B(1.8B)(381.8M)(343.6M)(326.5M)
Change To Netincome89.1M48.9M74.2M(48.7M)(56.0M)(53.2M)

Steel Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Steel Partners's current stock value. Our valuation model uses many indicators to compare Steel Partners value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Steel Partners competition to find correlations between indicators driving Steel Partners's intrinsic value. More Info.
Steel Partners Holdings is rated fifth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.14  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Steel Partners Holdings is roughly  7.04 . At this time, Steel Partners' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Steel Partners by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Steel Partners Holdings Systematic Risk

Steel Partners' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Steel Partners 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 Steel Partners Holdings correlated with the market. If Beta is less than 0 Steel Partners generally moves in the opposite direction as compared to the market. If Steel Partners Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Steel Partners Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Steel Partners is generally in the same direction as the market. If Beta > 1 Steel Partners moves generally in the same direction as, but more than the movement of the benchmark.

Steel Partners Thematic Clasifications

Steel Partners Holdings is part of Steel Works Etc investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Steel Works EtcView
This theme covers USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Steel Partners Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Steel Partners' 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 Steel Partners growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.34)

At this time, Steel Partners' Price Earnings To Growth Ratio is relatively stable compared to the past year.

Steel Partners November 26, 2024 Opportunity Range

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

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.