SPAL Interest Income vs Tax Provision Analysis

SPAL Stock

888.50 52.60 6.29%

S P financial indicator trend analysis is much more than just breaking down S P Apparels prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether S P Apparels is a good investment. Please check the relationship between S P Interest Income and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in S P Apparels. 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.

Interest Income vs Tax Provision

Interest Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of S P Apparels Interest Income account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between S P's Interest Income and Tax Provision is -0.09. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of S P Apparels, assuming nothing else is changed. The correlation between historical values of S P's Interest Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of S P Apparels are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Interest Income i.e., S P's Interest Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from S P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into S P Apparels 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 World Market Map to better understand how to build diversified portfolios, which includes a position in S P Apparels. 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.

Selling General Administrative is likely to gain to about 2.9 B in 2024, whereas Tax Provision is likely to drop slightly above 267.4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	102.8M	186.2M	187.0M	163.9M
Depreciation And Amortization	345.9M	361.5M	377.5M	286.2M

Interest Expense Depreciation And Amortization

S P fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	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	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		-0.71	0.85	-0.2	0.99	0.94	-0.8	0.89	-0.42	0.76	0.95	-0.12	0.69	0.68	0.69	-0.83	0.88	0.52	-0.56	0.94	0.39	0.68	-0.36	0.98	-0.47	0.3
Short Long Term Debt Total	-0.71		-0.36	0.71	-0.78	-0.6	0.95	-0.69	0.68	-0.61	-0.58	0.08	-0.55	-0.6	-0.84	0.93	-0.89	-0.53	0.8	-0.53	-0.25	-0.83	0.85	-0.75	0.87	0.08
Other Current Liab	0.85	-0.36		0.19	0.78	0.84	-0.41	0.69	-0.22	0.51	0.81	-0.13	0.59	0.43	0.42	-0.5	0.66	0.3	-0.33	0.89	0.42	0.34	0.03	0.82	-0.07	0.33
Total Current Liabilities	-0.2	0.71	0.19		-0.31	-0.24	0.63	-0.36	0.78	-0.4	-0.2	0.18	-0.16	-0.37	-0.44	0.56	-0.48	-0.31	0.47	-0.03	0.22	-0.58	0.95	-0.19	0.91	0.3
Total Stockholder Equity	0.99	-0.78	0.78	-0.31		0.92	-0.87	0.86	-0.5	0.74	0.92	-0.16	0.67	0.68	0.75	-0.86	0.92	0.54	-0.62	0.89	0.34	0.76	-0.47	0.97	-0.56	0.25
Property Plant And Equipment Net	0.94	-0.6	0.84	-0.24	0.92		-0.68	0.87	-0.44	0.7	0.99	-0.27	0.67	0.57	0.5	-0.71	0.79	0.36	-0.37	0.93	0.22	0.55	-0.32	0.86	-0.47	0.27
Net Debt	-0.8	0.95	-0.41	0.63	-0.87	-0.68		-0.78	0.62	-0.75	-0.69	-0.02	-0.54	-0.74	-0.83	0.93	-0.88	-0.65	0.79	-0.6	-0.23	-0.87	0.78	-0.82	0.8	-0.06
Retained Earnings	0.89	-0.69	0.69	-0.36	0.86	0.87	-0.78		-0.5	0.94	0.9	0.03	0.58	0.84	0.55	-0.84	0.75	0.64	-0.58	0.81	0.35	0.56	-0.49	0.84	-0.55	0.27
Accounts Payable	-0.42	0.68	-0.22	0.78	-0.5	-0.44	0.62	-0.5		-0.49	-0.38	0.36	-0.1	-0.57	-0.5	0.61	-0.67	-0.58	0.67	-0.22	0.01	-0.66	0.85	-0.42	0.67	-0.05
Cash	0.76	-0.61	0.51	-0.4	0.74	0.7	-0.75	0.94	-0.49		0.76	0.25	0.48	0.93	0.47	-0.74	0.6	0.74	-0.58	0.64	0.29	0.5	-0.52	0.72	-0.51	0.27
Non Current Assets Total	0.95	-0.58	0.81	-0.2	0.92	0.99	-0.69	0.9	-0.38	0.76		-0.19	0.67	0.63	0.47	-0.72	0.75	0.42	-0.39	0.92	0.27	0.52	-0.3	0.86	-0.44	0.33
Non Currrent Assets Other	-0.12	0.08	-0.13	0.18	-0.16	-0.27	-0.02	0.03	0.36	0.25	-0.19		-0.04	0.26	-0.13	0.09	-0.25	0.23	-0.05	-0.13	0.13	-0.2	0.12	-0.08	0.13	0.06
Other Assets	0.69	-0.55	0.59	-0.16	0.67	0.67	-0.54	0.58	-0.1	0.48	0.67	-0.04		0.3	0.42	-0.51	0.61	0.08	-0.24	0.75	0.33	0.31	-0.21	0.66	-0.44	0.0
Cash And Short Term Investments	0.68	-0.6	0.43	-0.37	0.68	0.57	-0.74	0.84	-0.57	0.93	0.63	0.26	0.3		0.49	-0.71	0.6	0.93	-0.72	0.5	0.34	0.54	-0.55	0.68	-0.42	0.45
Net Receivables	0.69	-0.84	0.42	-0.44	0.75	0.5	-0.83	0.55	-0.5	0.47	0.47	-0.13	0.42	0.49		-0.85	0.85	0.44	-0.75	0.53	0.19	0.9	-0.61	0.78	-0.64	-0.17
Good Will	-0.83	0.93	-0.5	0.56	-0.86	-0.71	0.93	-0.84	0.61	-0.74	-0.72	0.09	-0.51	-0.71	-0.85		-0.9	-0.59	0.77	-0.68	-0.35	-0.83	0.71	-0.86	0.75	-0.05
Common Stock Shares Outstanding	0.88	-0.89	0.66	-0.48	0.92	0.79	-0.88	0.75	-0.67	0.6	0.75	-0.25	0.61	0.6	0.85	-0.9		0.53	-0.72	0.77	0.28	0.87	-0.64	0.91	-0.68	0.13
Short Term Investments	0.52	-0.53	0.3	-0.31	0.54	0.36	-0.65	0.64	-0.58	0.74	0.42	0.23	0.08	0.93	0.44	-0.59	0.53		-0.77	0.29	0.34	0.52	-0.52	0.56	-0.28	0.56
Non Current Liabilities Total	-0.56	0.8	-0.33	0.47	-0.62	-0.37	0.79	-0.58	0.67	-0.58	-0.39	-0.05	-0.24	-0.72	-0.75	0.77	-0.72	-0.77		-0.3	-0.31	-0.72	0.73	-0.63	0.5	-0.14
Inventory	0.94	-0.53	0.89	-0.03	0.89	0.93	-0.6	0.81	-0.22	0.64	0.92	-0.13	0.75	0.5	0.53	-0.68	0.77	0.29	-0.3		0.32	0.52	-0.13	0.9	-0.34	0.28
Other Current Assets	0.39	-0.25	0.42	0.22	0.34	0.22	-0.23	0.35	0.01	0.29	0.27	0.13	0.33	0.34	0.19	-0.35	0.28	0.34	-0.31	0.32		-0.02	0.06	0.44	0.05	0.18
Other Stockholder Equity	0.68	-0.83	0.34	-0.58	0.76	0.55	-0.87	0.56	-0.66	0.5	0.52	-0.2	0.31	0.54	0.9	-0.83	0.87	0.52	-0.72	0.52	-0.02		-0.71	0.74	-0.7	0.02
Total Liab	-0.36	0.85	0.03	0.95	-0.47	-0.32	0.78	-0.49	0.85	-0.52	-0.3	0.12	-0.21	-0.55	-0.61	0.71	-0.64	-0.52	0.73	-0.13	0.06	-0.71		-0.38	0.89	0.18
Total Current Assets	0.98	-0.75	0.82	-0.19	0.97	0.86	-0.82	0.84	-0.42	0.72	0.86	-0.08	0.66	0.68	0.78	-0.86	0.91	0.56	-0.63	0.9	0.44	0.74	-0.38		-0.47	0.25
Short Term Debt	-0.47	0.87	-0.07	0.91	-0.56	-0.47	0.8	-0.55	0.67	-0.51	-0.44	0.13	-0.44	-0.42	-0.64	0.75	-0.68	-0.28	0.5	-0.34	0.05	-0.7	0.89	-0.47		0.34
Intangible Assets	0.3	0.08	0.33	0.3	0.25	0.27	-0.06	0.27	-0.05	0.27	0.33	0.06	0.0	0.45	-0.17	-0.05	0.13	0.56	-0.14	0.28	0.18	0.02	0.18	0.25	0.34

Click cells to compare fundamentals

S P Account Relationship Matchups

S P fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.9B	9.1B	10.6B	11.0B	11.4B	8.8B
Short Long Term Debt Total	2.3B	1.9B	2.3B	2.4B	2.0B	1.9B
Other Current Liab	315.5M	311.8M	394.5M	463.8M	441.8M	284.2M
Total Current Liabilities	2.8B	2.6B	3.2B	3.5B	3.2B	2.5B
Total Stockholder Equity	5.2B	5.6B	6.4B	6.7B	7.6B	4.5B
Property Plant And Equipment Net	4.4B	4.5B	4.5B	4.6B	4.7B	4.0B
Net Debt	2.1B	1.6B	1.8B	1.8B	1.2B	1.7B
Retained Earnings	2.2B	2.7B	3.5B	4.2B	5.1B	5.3B
Accounts Payable	845.0M	911.4M	1.1B	991.1M	987.4M	823.8M
Cash	133.9M	307.3M	519.1M	601.6M	788.0M	827.4M
Non Current Assets Total	4.6B	4.8B	4.9B	5.3B	5.4B	4.4B
Other Assets	198.0M	220.2M	369.9M	210.5M	242.0M	209.3M
Cash And Short Term Investments	133.9M	307.3M	545.3M	1.3B	1.3B	1.4B
Net Receivables	1.4B	1.2B	1.5B	1.0B	1.7B	1.4B
Short Term Investments	580K	0.0	26.2M	726.2M	502.8M	527.9M
Liabilities And Stockholders Equity	8.9B	9.1B	10.6B	11.0B	11.4B	8.8B
Non Current Liabilities Total	949.6M	984.7M	1.1B	840.2M	692.3M	748.8M
Inventory	2.3B	2.4B	3.3B	3.0B	2.7B	2.2B
Other Current Assets	146.2M	88.7M	185.4M	289.9M	372.4M	221.2M
Total Liab	3.8B	3.6B	4.3B	4.3B	3.8B	3.2B
Total Current Assets	4.3B	4.3B	5.7B	5.7B	6.0B	4.4B
Accumulated Other Comprehensive Income	(2.5B)	35.0M	39.0M	(18.8M)	61.1M	64.1M
Short Term Debt	1.6B	1.4B	1.6B	2.1B	1.7B	1.4B
Intangible Assets	1.8M	1.1M	180K	62.2M	3.4M	3.2M
Other Liab	333.6M	437.6M	465.8M	397.7M	457.4M	435.3M
Net Tangible Assets	5.2B	5.5B	6.3B	6.7B	7.7B	4.2B
Long Term Debt	264.8M	547.1M	673.9M	157.9M	55.5M	52.8M
Short Long Term Debt	1.6B	1.3B	1.5B	2.0B	1.7B	1.7B
Property Plant Equipment	4.4B	4.5B	4.5B	4.6B	5.3B	3.9B
Current Deferred Revenue	294.4M	232.6M	325.2M	371.0M	29.9M	28.4M
Long Term Debt Total	616.0M	547.1M	673.9M	395.2M	355.7M	414.8M
Capital Lease Obligations	356.0M	337.8M	312.8M	284.9M	255.7M	218.6M
Net Invested Capital	7.1B	6.9B	7.8B	8.9B	9.4B	8.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for SPAL Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

SPAL Interest Income vs Tax Provision Analysis

Interest Income vs Tax Provision

Interest Income vs Tax Provision Correlation Analysis

Correlation Coefficient

Interest Income

Tax Provision

S P fundamental ratios Correlations

S P Account Relationship Matchups

High Positive Relationship

High Negative Relationship

S P fundamental ratios Accounts

Also Currently Popular

Additional Tools for SPAL Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Total Assets
Total Current Assets	+ 0.97	Total Stockholder Equity
Non Current Assets Total	+ 0.95	Total Assets
Net Debt	+ 0.95	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.9	Good Will
Common Stock Shares Outstanding	- 0.89	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.88	Net Debt
Other Stockholder Equity	- 0.87	Net Debt
Net Debt	- 0.87	Total Stockholder Equity
Total Current Assets	- 0.86	Good Will