Spartan Historical Balance Sheet

SDE Stock

3.68 0.02 0.55%

Trend analysis of Spartan Delta Corp balance sheet accounts such as Net Debt of 83.3 M, Retained Earnings of 437.5 M, Accounts Payable of 90.6 M or Cash of 385.7 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.

Cash Flow Balance Sheet Income Statement

Covid

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

158.41 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 24th of November 2024, Non Current Assets Total is likely to grow to about 627.6 M, while Cash is likely to drop about 385.7 K.

Total Assets Total Current Liabilities Property Plant And Equipment Net Retained Earnings Accounts Payable Total Current Assets

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	243.6M	278.6M	250.2M	262.8M
Total Assets	1.7B	2.1B	819.5M	860.5M

Total Current Liabilities Total Assets

Spartan Delta balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Common Stock	Inventory	Short Long Term Debt Total	Long Term Debt	Long Term Debt Total	Capital Surpluse	Cash And Equivalents
Total Assets		0.91	0.98	1.0	0.72	0.93	0.99	0.64	1.0	0.23	0.64	1.0	0.87	0.87	0.45	0.65	0.95	0.85	0.66	0.89	0.4	0.86	0.82	0.86	0.77	0.6
Total Current Liabilities	0.91		0.86	0.88	0.64	0.92	0.93	0.44	0.88	0.26	0.44	0.9	0.99	0.73	0.78	0.33	0.92	0.95	0.91	0.63	0.74	0.75	0.7	0.89	0.95	0.83
Total Stockholder Equity	0.98	0.86		0.98	0.58	0.95	0.95	0.77	0.97	0.19	0.77	0.99	0.82	0.79	0.36	0.71	0.87	0.86	0.61	0.89	0.35	0.77	0.73	0.76	0.73	0.61
Property Plant And Equipment Net	1.0	0.88	0.98		0.74	0.9	0.99	0.64	1.0	0.22	0.64	0.99	0.83	0.9	0.39	0.69	0.95	0.81	0.6	0.92	0.32	0.88	0.85	0.86	0.72	0.53
Net Debt	0.72	0.64	0.58	0.74		0.44	0.78	0.01	0.75	0.21	0.01	0.65	0.57	0.94	0.37	0.38	0.87	0.38	0.37	0.71	0.15	0.95	0.97	0.92	0.43	0.13
Retained Earnings	0.93	0.92	0.95	0.9	0.44		0.9	0.74	0.89	0.18	0.74	0.95	0.9	0.63	0.54	0.53	0.81	0.97	0.79	0.72	0.58	0.62	0.58	0.71	0.86	0.81
Accounts Payable	0.99	0.93	0.95	0.99	0.78	0.9		0.55	0.99	0.24	0.55	0.98	0.89	0.9	0.52	0.59	0.98	0.84	0.69	0.86	0.44	0.89	0.86	0.92	0.79	0.6
Cash	0.64	0.44	0.77	0.64	0.01	0.74	0.55		0.63	0.05	1.0	0.7	0.41	0.32	-0.09	0.75	0.38	0.61	0.24	0.68	0.04	0.28	0.23	0.18	0.38	0.43
Non Current Assets Total	1.0	0.88	0.97	1.0	0.75	0.89	0.99	0.63		0.22	0.63	0.99	0.83	0.9	0.39	0.68	0.95	0.8	0.6	0.92	0.32	0.89	0.86	0.87	0.71	0.53
Non Currrent Assets Other	0.23	0.26	0.19	0.22	0.21	0.18	0.24	0.05	0.22		0.05	0.21	0.27	0.24	0.24	0.03	0.27	0.22	0.23	0.16	0.23	0.24	0.19	0.26	0.28	0.21
Cash And Short Term Investments	0.64	0.44	0.77	0.64	0.01	0.74	0.55	1.0	0.63	0.05		0.7	0.41	0.32	-0.09	0.75	0.38	0.61	0.24	0.68	0.04	0.28	0.23	0.18	0.38	0.43
Net Receivables	1.0	0.9	0.99	0.99	0.65	0.95	0.98	0.7	0.99	0.21	0.7		0.87	0.83	0.44	0.66	0.92	0.88	0.66	0.88	0.41	0.81	0.77	0.82	0.78	0.63
Common Stock Shares Outstanding	0.87	0.99	0.82	0.83	0.57	0.9	0.89	0.41	0.83	0.27	0.41	0.87		0.67	0.82	0.27	0.87	0.96	0.93	0.55	0.79	0.68	0.61	0.84	0.98	0.87
Non Current Liabilities Total	0.87	0.73	0.79	0.9	0.94	0.63	0.9	0.32	0.9	0.24	0.32	0.83	0.67		0.3	0.61	0.94	0.54	0.4	0.88	0.13	0.98	0.96	0.91	0.52	0.24
Other Current Assets	0.45	0.78	0.36	0.39	0.37	0.54	0.52	-0.09	0.39	0.24	-0.09	0.44	0.82	0.3		-0.27	0.57	0.72	0.94	0.02	0.96	0.37	0.31	0.65	0.88	0.83
Other Stockholder Equity	0.65	0.33	0.71	0.69	0.38	0.53	0.59	0.75	0.68	0.03	0.75	0.66	0.27	0.61	-0.27		0.51	0.34	-0.02	0.84	-0.29	0.54	0.53	0.35	0.14	0.03
Total Liab	0.95	0.92	0.87	0.95	0.87	0.81	0.98	0.38	0.95	0.27	0.38	0.92	0.87	0.94	0.57	0.51		0.77	0.68	0.82	0.44	0.94	0.91	0.97	0.77	0.54
Total Current Assets	0.85	0.95	0.86	0.81	0.38	0.97	0.84	0.61	0.8	0.22	0.61	0.88	0.96	0.54	0.72	0.34	0.77		0.91	0.55	0.76	0.55	0.49	0.7	0.96	0.93
Other Current Liab	0.66	0.91	0.61	0.6	0.37	0.79	0.69	0.24	0.6	0.23	0.24	0.66	0.93	0.4	0.94	-0.02	0.68	0.91		0.25	0.95	0.45	0.39	0.7	0.98	0.95
Common Stock	0.89	0.63	0.89	0.92	0.71	0.72	0.86	0.68	0.92	0.16	0.68	0.88	0.55	0.88	0.02	0.84	0.82	0.55	0.25		-0.06	0.84	0.84	0.7	0.4	0.21
Inventory	0.4	0.74	0.35	0.32	0.15	0.58	0.44	0.04	0.32	0.23	0.04	0.41	0.79	0.13	0.96	-0.29	0.44	0.76	0.95	-0.06		0.19	0.13	0.49	0.88	0.92
Short Long Term Debt Total	0.86	0.75	0.77	0.88	0.95	0.62	0.89	0.28	0.89	0.24	0.28	0.81	0.68	0.98	0.37	0.54	0.94	0.55	0.45	0.84	0.19		0.99	0.94	0.55	0.28
Long Term Debt	0.82	0.7	0.73	0.85	0.97	0.58	0.86	0.23	0.86	0.19	0.23	0.77	0.61	0.96	0.31	0.53	0.91	0.49	0.39	0.84	0.13	0.99		0.92	0.47	0.2
Long Term Debt Total	0.86	0.89	0.76	0.86	0.92	0.71	0.92	0.18	0.87	0.26	0.18	0.82	0.84	0.91	0.65	0.35	0.97	0.7	0.7	0.7	0.49	0.94	0.92		0.75	0.51
Capital Surpluse	0.77	0.95	0.73	0.72	0.43	0.86	0.79	0.38	0.71	0.28	0.38	0.78	0.98	0.52	0.88	0.14	0.77	0.96	0.98	0.4	0.88	0.55	0.47	0.75		0.94
Cash And Equivalents	0.6	0.83	0.61	0.53	0.13	0.81	0.6	0.43	0.53	0.21	0.43	0.63	0.87	0.24	0.83	0.03	0.54	0.93	0.95	0.21	0.92	0.28	0.2	0.51	0.94

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Spartan Delta Account Relationship Matchups

Spartan Delta balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	34.2M	331.4M	1.7B	2.1B	819.5M	860.5M
Total Current Liabilities	1.4M	45.9M	243.6M	278.6M	250.2M	262.8M
Total Stockholder Equity	25.6M	137.5M	886.6M	1.5B	429.7M	451.2M
Property Plant And Equipment Net	9.3M	306.7M	1.5B	1.7B	550.9M	578.5M
Net Debt	(24.7M)	47.1M	441.1M	66.3M	79.3M	83.3M
Retained Earnings	(38.5M)	9.2M	343.4M	938.8M	416.7M	437.5M
Accounts Payable	939.8K	34.1M	177.0M	176.9M	86.3M	90.6M
Cash	24.7M	2.7M	1.2M	124.4M	406K	385.7K
Non Current Assets Total	9.3M	306.7M	1.6B	1.8B	597.7M	627.6M
Cash And Short Term Investments	24.7M	2.7M	1.2M	124.4M	406K	385.7K
Net Receivables	229.4K	20.5M	96.7M	140.4M	50.7M	53.2M
Common Stock Shares Outstanding	2.0M	55.4M	133.5M	175.5M	173.5M	182.2M
Liabilities And Stockholders Equity	34.2M	331.4M	1.7B	2.1B	819.5M	860.5M
Non Current Liabilities Total	7.2M	148.0M	612.2M	304.0M	139.6M	85.0M
Other Current Assets	47.8K	1.5M	6.8M	2.3M	19.9M	20.9M
Other Stockholder Equity	8.4M	10.0M	16.3M	24.4M	1.3M	1.2M
Total Liab	8.6M	193.9M	855.8M	582.7M	389.8M	409.3M
Total Current Assets	24.9M	24.7M	110.2M	309.0M	221.8M	232.9M
Other Current Liab	452.2K	2.1M	52.8M	92.3M	154.5M	162.2M
Common Stock	45.7M	108.5M	517.2M	553.6M	11.7M	11.1M
Accumulated Other Comprehensive Income	349.7K	2.2M	10.0M	9.9M	9.7M	0.0
Long Term Debt Total	0.0	42.9M	432.2M	181.2M	208.4M	218.8M
Capital Surpluse	8.4M	10.0M	16.3M	24.4M	28.1M	29.5M
Cash And Equivalents	24.7M	2.7M	1.2M	124.4M	143.1M	150.2M
Property Plant Equipment	9.3M	306.7M	1.5B	1.7B	1.9B	2.0B
Other Liab	7.2M	105.1M	180.0M	122.8M	141.2M	78.5M
Net Tangible Assets	25.6M	137.5M	886.6M	1.5B	1.7B	1.8B
Net Invested Capital	25.6M	137.5M	1.3B	1.7B	474.2M	563.3M
Net Working Capital	23.5M	(21.2M)	(133.4M)	30.4M	(28.4M)	(27.0M)
Capital Stock	45.7M	108.5M	517.2M	553.6M	11.7M	11.1M

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 against Spartan Stock

0.71	ENS	E Split Corp	Pair Corr
0.67	FFH	Fairfax Financial	Pair Corr
0.65	ENB-PFV	Enbridge Pref 5	Pair Corr
0.57	ENS-PA	E Split Corp	Pair Corr
0.56	FFH-PC	Fairfax Fin Hld	Pair Corr

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 Correlation Correlation Matching

Other Information on Investing in Spartan Stock

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Spartan Historical Balance Sheet

Spartan Delta Inventory

158.41 Million

About Spartan Balance Sheet Analysis

Spartan Delta Balance Sheet Chart

Total Assets

Total Current Liabilities

Property Plant And Equipment Net

Retained Earnings

Accounts Payable

Total Current Assets

Spartan Delta balance sheet Correlations

Spartan Delta Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spartan Delta balance sheet Accounts

Pair Trading with Spartan Delta

Moving against Spartan Stock

Other Information on Investing in Spartan Stock

COMMON DESTINATIONS

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Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Accounts Payable	+ 0.99	Total Assets

Inventory	- 0.29	Other Stockholder Equity
Other Stockholder Equity	- 0.27	Other Current Assets
Other Current Assets	- 0.09	Cash And Short Term Investments
Other Current Assets	- 0.09	Cash
Inventory	- 0.06	Common Stock
Other Current Liab	- 0.02	Other Stockholder Equity