SPAR Historical Balance Sheet

SGRP Stock  USD 2.26  0.02  0.89%   
Trend analysis of SPAR Group balance sheet accounts such as Total Stockholder Equity of 15.7 M, Property Plant And Equipment Net of 2.9 M, Net Debt of 13.3 M or Retained Earnings of 11.1 M provides information on SPAR's total assets, liabilities, and equity, which is the actual value of SPAR Group to its prevalent stockholders. By breaking down trends over time using SPAR 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.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining SPAR Group 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 SPAR Group is a good buy for the upcoming year.

SPAR Inventory

6.78 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPAR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About SPAR Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of SPAR Group at a specified time, usually calculated after every quarter, six months, or one year. SPAR Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SPAR 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 SPAR currently owns. An asset can also be divided into two categories, current and non-current.

SPAR Balance Sheet Chart

At this time, SPAR's Long Term Debt is relatively stable compared to the past year. As of 11/26/2024, Good Will is likely to grow to about 1.9 M, while Total Current Liabilities is likely to drop slightly above 25.2 M.

Total Assets

Total assets refers to the total amount of SPAR 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 SPAR Group 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 SPAR balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SPAR Group 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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most accounts from SPAR's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into SPAR Group 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 SPAR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, SPAR's Long Term Debt is relatively stable compared to the past year. As of 11/26/2024, Good Will is likely to grow to about 1.9 M, while Total Current Liabilities is likely to drop slightly above 25.2 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total13.5M20.3M23.4M24.5M
Total Assets89.0M94.6M90.3M48.1M

SPAR balance sheet Correlations

0.730.910.980.850.80.270.740.940.910.870.840.910.990.48-0.020.660.80.990.880.68-0.40.75-0.440.71-0.4
0.730.620.730.640.610.770.820.680.630.580.650.630.730.330.010.880.510.750.940.97-0.310.83-0.30.45-0.24
0.910.620.910.640.720.140.60.870.850.780.810.850.90.33-0.010.510.630.920.810.57-0.30.57-0.350.62-0.36
0.980.730.910.750.780.30.650.970.860.790.860.860.990.42-0.170.660.750.990.880.72-0.370.71-0.390.58-0.47
0.850.640.640.750.60.250.790.740.780.810.730.780.80.680.050.540.880.770.730.55-0.570.84-0.590.82-0.39
0.80.610.720.780.60.180.590.820.790.740.580.790.780.230.140.460.480.810.710.54-0.170.48-0.20.45-0.23
0.270.770.140.30.250.180.40.290.010.050.230.010.340.090.020.650.220.320.540.77-0.060.61-0.03-0.040.01
0.740.820.60.650.790.590.40.60.780.80.680.780.660.340.210.710.50.690.850.73-0.30.71-0.330.79-0.13
0.940.680.870.970.740.820.290.60.80.770.820.80.960.42-0.130.560.740.960.830.66-0.360.68-0.40.48-0.46
0.910.630.850.860.780.790.010.780.80.880.791.00.840.43-0.010.580.640.870.820.57-0.40.6-0.420.79-0.4
0.870.580.780.790.810.740.050.80.770.880.650.880.790.530.20.420.680.830.740.46-0.460.6-0.530.81-0.31
0.840.650.810.860.730.580.230.680.820.790.650.790.840.27-0.230.590.630.850.790.67-0.240.62-0.250.66-0.37
0.910.630.850.860.780.790.010.780.81.00.880.790.840.43-0.010.580.640.870.820.57-0.40.6-0.420.79-0.4
0.990.730.90.990.80.780.340.660.960.840.790.840.840.45-0.070.660.80.990.870.69-0.370.76-0.40.61-0.41
0.480.330.330.420.680.230.090.340.420.430.530.270.430.45-0.220.230.850.40.410.27-0.970.73-0.980.38-0.75
-0.020.01-0.01-0.170.050.140.020.21-0.13-0.010.2-0.23-0.01-0.07-0.22-0.09-0.17-0.05-0.05-0.220.3-0.120.240.280.76
0.660.880.510.660.540.460.650.710.560.580.420.590.580.660.23-0.090.430.660.860.89-0.220.75-0.190.38-0.22
0.80.510.630.750.880.480.220.50.740.640.680.630.640.80.85-0.170.430.740.630.46-0.750.85-0.770.59-0.62
0.990.750.920.990.770.810.320.690.960.870.830.850.870.990.4-0.050.660.740.890.71-0.340.71-0.370.62-0.39
0.880.940.810.880.730.710.540.850.830.820.740.790.820.870.41-0.050.860.630.890.9-0.410.83-0.410.57-0.38
0.680.970.570.720.550.540.770.730.660.570.460.670.570.690.27-0.220.890.460.710.9-0.270.78-0.240.33-0.35
-0.4-0.31-0.3-0.37-0.57-0.17-0.06-0.3-0.36-0.4-0.46-0.24-0.4-0.37-0.970.3-0.22-0.75-0.34-0.41-0.27-0.680.99-0.290.8
0.750.830.570.710.840.480.610.710.680.60.60.620.60.760.73-0.120.750.850.710.830.78-0.68-0.660.51-0.52
-0.44-0.3-0.35-0.39-0.59-0.2-0.03-0.33-0.4-0.42-0.53-0.25-0.42-0.4-0.980.24-0.19-0.77-0.37-0.41-0.240.99-0.66-0.340.77
0.710.450.620.580.820.45-0.040.790.480.790.810.660.790.610.380.280.380.590.620.570.33-0.290.51-0.34-0.07
-0.4-0.24-0.36-0.47-0.39-0.230.01-0.13-0.46-0.4-0.31-0.37-0.4-0.41-0.750.76-0.22-0.62-0.39-0.38-0.350.8-0.520.77-0.07
Click cells to compare fundamentals

SPAR Account Relationship Matchups

SPAR balance sheet Accounts

201920202021202220232024 (projected)
Total Assets81.3M84.0M89.0M94.6M90.3M48.1M
Short Long Term Debt Total15.2M13.2M13.5M20.3M23.4M24.5M
Other Current Liab23.1M29.6M22.9M32.1M15.6M13.4M
Total Current Liabilities46.5M42.9M50.2M54.6M48.6M25.2M
Total Stockholder Equity19.0M22.2M19.8M22.4M28.2M15.7M
Property Plant And Equipment Net7.8M5.7M4.7M4.2M5.2M2.9M
Net Debt4.7M(2.7M)50K11.0M12.6M13.3M
Retained Earnings5.8M9.2M7.4M6.7M10.6M11.1M
Accounts Payable11.0M7.9M8.9M10.6M9.5M4.9M
Cash10.5M16.0M13.5M9.3M10.7M6.8M
Non Current Assets Total17.4M17.5M17.0M13.7M14.2M11.1M
Non Currrent Assets Other1.1M1.6M1.4M1.9M1.7M968.9K
Cash And Short Term Investments10.5M16.0M13.5M9.3M10.7M6.8M
Net Receivables51.1M46.9M54.2M63.7M56.6M28.5M
Common Stock Shares Outstanding21.2M21.2M21.3M22.1M24.5M20.0M
Liabilities And Stockholders Equity81.3M84.0M89.0M94.6M90.3M48.1M
Non Current Liabilities Total3.4M2.5M1.5M2.0M1.5M2.2M
Other Current Assets2.4M3.6M8.8M7.9M8.7M9.2M
Other Stockholder Equity16.5M16.6M17.1M20.4M20.7M12.7M
Total Liab50.0M45.4M51.7M56.5M50.0M28.0M
Total Current Assets64.0M66.5M72.0M80.9M76.1M79.9M
Short Term Debt11.8M10.7M12.1M18.3M21.9M23.0M
Intangible Assets2.8M2.3M2.3M2.0M1.2M1.1M
Other Assets3.0M8.7M5.8M5.7M6.6M3.3M
Long Term Debt1.3M1M700K1.4M1.2M2.1M
Property Plant Equipment2.8M5.7M4.7M4.2M4.9M2.7M
Current Deferred Revenue594K1.8M3.9M2.4M1.9M1.4M
Good Will3.8M3.8M4.2M1.7M1.4M1.9M
Property Plant And Equipment Gross7.8M2.8M4.7M4.2M4.9M2.7M
Accumulated Other Comprehensive Income(3.6M)(3.9M)(5.0M)(4.9M)(3.3M)(3.2M)
Net Tangible Assets12.4M16.1M13.3M18.7M21.5M15.3M
Noncontrolling Interest In Consolidated Entity5.9M8.5M12.4M16.5M18.9M19.9M
Retained Earnings Total Equity5.0M3.4M5.9M9.2M10.6M11.1M
Capital Surpluse16.3M16.3M16.5M16.6M19.1M17.3M

Pair Trading with SPAR

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

Moving against SPAR Stock

  0.52OB OutbrainPairCorr
  0.48SST System1PairCorr
  0.38QBCRF QuebecorPairCorr
  0.37TH Target Hospitality CorpPairCorr
  0.34SJ Scienjoy Holding CorpPairCorr
The ability to find closely correlated positions to SPAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPAR 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 SPAR - 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 SPAR Group to buy it.
The correlation of SPAR 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 SPAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPAR Group 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 SPAR 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

Additional Tools for SPAR Stock Analysis

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