Spartan Historical Balance Sheet

SDE Stock   3.69  0.04  1.07%   
Trend analysis of Spartan Delta Corp balance sheet accounts such as Net Debt of 95.8 M, Retained Earnings of 503.2 M, Accounts Payable of 104.2 M or Cash of 443.6 K provides information on Spartan Delta's total assets, liabilities, and equity, which is the actual value of Spartan Delta Corp to its prevalent stockholders. By breaking down trends over time using Spartan Delta balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Spartan Delta Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Spartan Delta Corp is a good buy for the upcoming year.

Spartan Delta Inventory

182.17 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spartan Delta Corp. 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.

About Spartan Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Spartan Delta Corp at a specified time, usually calculated after every quarter, six months, or one year. Spartan Delta Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spartan Delta and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Spartan currently owns. An asset can also be divided into two categories, current and non-current.

Spartan Delta Balance Sheet Chart

At this time, Spartan Delta's Accounts Payable is very stable compared to the past year. As of the 17th of February 2025, Non Current Assets Total is likely to grow to about 721.7 M, while Cash is likely to drop about 443.6 K.

Total Assets

Total assets refers to the total amount of Spartan Delta 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 Spartan Delta Corp 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. 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.

Total Current Liabilities

Total Current Liabilities is an item on Spartan Delta balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Spartan Delta Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Spartan Delta obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Spartan Delta Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most accounts from Spartan Delta's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Spartan Delta Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spartan Delta Corp. 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.
At this time, Spartan Delta's Accounts Payable is very stable compared to the past year. As of the 17th of February 2025, Non Current Assets Total is likely to grow to about 721.7 M, while Cash is likely to drop about 443.6 K.
 2022 2023 2024 2025 (projected)
Total Current Liabilities278.6M250.2M287.8M302.2M
Total Assets2.1B819.5M942.5M989.6M

Spartan Delta balance sheet Correlations

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Click cells to compare fundamentals

Spartan Delta Account Relationship Matchups

Spartan Delta balance sheet Accounts

202020212022202320242025 (projected)
Total Assets331.4M1.7B2.1B819.5M942.5M989.6M
Total Current Liabilities45.9M243.6M278.6M250.2M287.8M302.2M
Total Stockholder Equity137.5M886.6M1.5B429.7M494.2M518.9M
Property Plant And Equipment Net306.7M1.5B1.7B550.9M633.6M665.2M
Net Debt47.1M441.1M66.3M79.3M91.2M95.8M
Retained Earnings9.2M343.4M938.8M416.7M479.2M503.2M
Accounts Payable34.1M177.0M176.9M86.3M99.2M104.2M
Cash2.7M1.2M124.4M406K466.9K443.6K
Non Current Assets Total306.7M1.6B1.8B597.7M687.3M721.7M
Cash And Short Term Investments2.7M1.2M124.4M406K466.9K443.6K
Net Receivables20.5M96.7M140.4M50.7M58.3M61.2M
Common Stock Shares Outstanding55.4M133.5M175.5M173.5M199.5M209.5M
Liabilities And Stockholders Equity331.4M1.7B2.1B819.5M942.5M989.6M
Non Current Liabilities Total148.0M612.2M304.0M139.6M160.5M85.0M
Other Current Assets1.5M6.8M2.3M19.9M22.9M24.0M
Other Stockholder Equity10.0M16.3M24.4M1.3M1.2M1.1M
Total Liab193.9M855.8M582.7M389.8M448.3M470.7M
Total Current Assets24.7M110.2M309.0M221.8M255.1M267.9M
Other Current Liab2.1M52.8M92.3M154.5M177.7M186.6M
Common Stock108.5M517.2M553.6M11.7M13.5M12.8M
Long Term Debt Total0.042.9M432.2M181.2M208.4M218.8M
Capital Surpluse8.4M10.0M16.3M24.4M28.1M29.5M
Cash And Equivalents24.7M2.7M1.2M124.4M143.1M150.2M
Short Term Debt6.9M10.2M9.5M9.5M10.9M11.4M
Property Plant Equipment9.3M306.7M1.5B1.7B1.9B2.0B
Other Liab7.2M105.1M180.0M122.8M141.2M78.5M
Net Tangible Assets25.6M137.5M886.6M1.5B1.7B1.8B
Net Invested Capital137.5M1.3B1.7B474.2M545.3M563.3M
Net Working Capital(21.2M)(133.4M)30.4M(28.4M)(25.6M)(26.8M)
Capital Stock108.5M517.2M553.6M11.7M13.5M12.8M
Property Plant And Equipment Gross339.0M1.6B2.0B784.2M901.8M1.0B

Pair Trading with Spartan Delta

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 Spartan Delta 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 Spartan Delta will appreciate offsetting losses from the drop in the long position's value.

Moving together with Spartan Stock

  0.63ENB-PFC Enbridge Pref 11PairCorr
  0.62ENB-PFU Enbridge Pref LPairCorr
  0.73ENS E Split CorpPairCorr
  0.62ENS-PA E Split CorpPairCorr

Moving against Spartan Stock

  0.41PIC-A Premium IncomePairCorr
The ability to find closely correlated positions to Spartan Delta could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spartan Delta 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 Spartan Delta - 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 Spartan Delta Corp to buy it.
The correlation of Spartan Delta 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 Spartan Delta moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spartan Delta Corp 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 Spartan Delta 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

Other Information on Investing in Spartan Stock

Balance Sheet is a snapshot of the financial position of Spartan Delta Corp at a specified time, usually calculated after every quarter, six months, or one year. Spartan Delta Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spartan Delta and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Spartan currently owns. An asset can also be divided into two categories, current and non-current.