Sparebank Property Plant Equipment vs Long Term Debt Analysis

0Q57 Stock

141.30 0.30 0.21%

Sparebank financial indicator trend analysis is much more than just breaking down Sparebank 1 SR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sparebank 1 SR is a good investment. Please check the relationship between Sparebank Property Plant Equipment and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sparebank 1 SR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant Equipment vs Long Term Debt

Property Plant Equipment vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sparebank 1 SR Property Plant Equipment account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Sparebank's Property Plant Equipment and Long Term Debt is 0.94. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Sparebank 1 SR, assuming nothing else is changed. The correlation between historical values of Sparebank's Property Plant Equipment and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Sparebank 1 SR are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant Equipment i.e., Sparebank's Property Plant Equipment and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Property Plant Equipment

Long Term Debt

Long-term debt is a debt that Sparebank 1 SR has held for over one year. Long-term debt appears on Sparebank 1 SR balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sparebank 1 SR balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Sparebank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sparebank 1 SR 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Sparebank 1 SR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 391.5 M in 2024

	2019	2020	2023	2024 (projected)
Net Interest Income	4.0B	4.1B	4.8B	3.9B
Tax Provision	693M	231M	207.9M	391.5M

Net Interest Income Tax Provision

Sparebank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Other Assets	Long Term Debt	Good Will	Capital Surpluse	Other Stockholder Equity	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Earning Assets	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Current Assets	Total Current Assets	Deferred Long Term Liab
Total Assets		1.0	1.0	0.92	1.0	0.95	-0.41	0.99	1.0	0.91	-0.41	0.94	0.95	-0.74	0.9	0.96	0.95	0.91	0.91	0.95	-0.82	0.2	-0.06
Short Long Term Debt Total	1.0		0.99	0.92	1.0	0.94	-0.42	0.98	1.0	0.89	-0.42	0.94	0.95	-0.73	0.88	0.94	0.94	0.9	0.89	0.93	-0.8	0.2	-0.07
Total Stockholder Equity	1.0	0.99		0.91	0.99	0.96	-0.41	0.99	1.0	0.91	-0.41	0.96	0.95	-0.72	0.89	0.96	0.95	0.92	0.9	0.96	-0.81	0.2	-0.07
Other Assets	0.92	0.92	0.91		0.92	0.83	-0.33	0.89	0.92	0.77	-0.33	0.89	0.99	-0.59	0.72	0.8	0.79	0.75	0.73	0.82	-0.66	0.18	-0.04
Long Term Debt	1.0	1.0	0.99	0.92		0.94	-0.42	0.98	1.0	0.89	-0.42	0.94	0.95	-0.73	0.88	0.94	0.94	0.9	0.89	0.93	-0.8	0.2	-0.07
Good Will	0.95	0.94	0.96	0.83	0.94		-0.27	0.95	0.95	0.88	-0.27	0.97	0.88	-0.64	0.85	0.93	0.92	0.87	0.85	1.0	-0.72	0.18	0.0
Capital Surpluse	-0.41	-0.42	-0.41	-0.33	-0.42	-0.27		-0.44	-0.41	-0.62	1.0	-0.35	-0.41	0.61	-0.46	-0.52	-0.59	-0.55	-0.5	-0.32	0.68	-0.27	0.37
Other Stockholder Equity	0.99	0.98	0.99	0.89	0.98	0.95	-0.44		0.99	0.92	-0.44	0.93	0.93	-0.78	0.93	0.98	0.97	0.96	0.94	0.95	-0.86	0.14	-0.15
Total Liab	1.0	1.0	1.0	0.92	1.0	0.95	-0.41	0.99		0.91	-0.41	0.94	0.95	-0.75	0.9	0.96	0.95	0.91	0.91	0.94	-0.82	0.2	-0.06
Intangible Assets	0.91	0.89	0.91	0.77	0.89	0.88	-0.62	0.92	0.91		-0.62	0.86	0.83	-0.86	0.89	0.97	0.96	0.9	0.9	0.9	-0.9	0.31	-0.1
Common Stock	-0.41	-0.42	-0.41	-0.33	-0.42	-0.27	1.0	-0.44	-0.41	-0.62		-0.35	-0.41	0.61	-0.46	-0.52	-0.59	-0.55	-0.5	-0.32	0.68	-0.27	0.37
Property Plant Equipment	0.94	0.94	0.96	0.89	0.94	0.97	-0.35	0.93	0.94	0.86	-0.35		0.91	-0.58	0.76	0.88	0.88	0.82	0.77	0.97	-0.68	0.24	0.0
Earning Assets	0.95	0.95	0.95	0.99	0.95	0.88	-0.41	0.93	0.95	0.83	-0.41	0.91		-0.64	0.79	0.86	0.86	0.82	0.8	0.87	-0.72	0.2	-0.07
Other Current Liab	-0.74	-0.73	-0.72	-0.59	-0.73	-0.64	0.61	-0.78	-0.75	-0.86	0.61	-0.58	-0.64		-0.91	-0.84	-0.83	-0.84	-0.91	-0.65	0.98	0.04	0.43
Total Current Liabilities	0.9	0.88	0.89	0.72	0.88	0.85	-0.46	0.93	0.9	0.89	-0.46	0.76	0.79	-0.91		0.96	0.94	0.96	1.0	0.85	-0.95	-0.05	-0.33
Other Liab	0.96	0.94	0.96	0.8	0.94	0.93	-0.52	0.98	0.96	0.97	-0.52	0.88	0.86	-0.84	0.96		0.99	0.96	0.97	0.94	-0.91	0.2	-0.14
Net Tangible Assets	0.95	0.94	0.95	0.79	0.94	0.92	-0.59	0.97	0.95	0.96	-0.59	0.88	0.86	-0.83	0.94	0.99		0.97	0.96	0.93	-0.91	0.19	-0.18
Retained Earnings	0.91	0.9	0.92	0.75	0.9	0.87	-0.55	0.96	0.91	0.9	-0.55	0.82	0.82	-0.84	0.96	0.96	0.97		0.97	0.88	-0.92	0.02	-0.32
Accounts Payable	0.91	0.89	0.9	0.73	0.89	0.85	-0.5	0.94	0.91	0.9	-0.5	0.77	0.8	-0.91	1.0	0.97	0.96	0.97		0.85	-0.95	0.0	-0.31
Net Receivables	0.95	0.93	0.96	0.82	0.93	1.0	-0.32	0.95	0.94	0.9	-0.32	0.97	0.87	-0.65	0.85	0.94	0.93	0.88	0.85		-0.74	0.2	-0.02
Other Current Assets	-0.82	-0.8	-0.81	-0.66	-0.8	-0.72	0.68	-0.86	-0.82	-0.9	0.68	-0.68	-0.72	0.98	-0.95	-0.91	-0.91	-0.92	-0.95	-0.74		0.02	0.45
Total Current Assets	0.2	0.2	0.2	0.18	0.2	0.18	-0.27	0.14	0.2	0.31	-0.27	0.24	0.2	0.04	-0.05	0.2	0.19	0.02	0.0	0.2	0.02		0.79
Deferred Long Term Liab	-0.06	-0.07	-0.07	-0.04	-0.07	0.0	0.37	-0.15	-0.06	-0.1	0.37	0.0	-0.07	0.43	-0.33	-0.14	-0.18	-0.32	-0.31	-0.02	0.45	0.79

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Sparebank Account Relationship Matchups

Sparebank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	216.6B	234.1B	255.9B	287.0B	330.1B	261.1B
Short Long Term Debt Total	81.7B	94.8B	99.5B	108.7B	125.0B	101.1B
Total Stockholder Equity	19.9B	21.6B	24.8B	26.4B	30.3B	24.4B
Long Term Debt	81.7B	94.8B	99.1B	108.4B	124.6B	100.9B
Good Will	88M	89M	254M	264M	303.6M	170.7M
Other Stockholder Equity	15.4B	17B	17.7B	19.1B	22.0B	16.3B
Total Liab	196.7B	212.5B	231.1B	260.7B	299.8B	236.7B
Property Plant Equipment	1.5B	1.3B	1.3B	1.2B	1.4B	1.1B
Earning Assets	37.5B	35.5B	39.6B	40.8B	47.0B	39.3B

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Sparebank Property Plant Equipment vs Long Term Debt Analysis

Property Plant Equipment vs Long Term Debt

Property Plant Equipment vs Long Term Debt Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Long Term Debt

Sparebank fundamental ratios Correlations

Sparebank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sparebank fundamental ratios Accounts

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Additional Tools for Sparebank Stock Analysis

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Short Long Term Debt Total	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total

Other Current Assets	- 0.95	Accounts Payable
Other Current Assets	- 0.95	Total Current Liabilities
Other Current Assets	- 0.92	Retained Earnings
Other Current Assets	- 0.91	Net Tangible Assets
Other Current Assets	- 0.91	Other Liab
Accounts Payable	- 0.91	Other Current Liab