Spencers Property Plant And Equipment Net vs Total Current Liabilities Analysis

SPENCERS   85.77  1.87  2.23%   
Spencers Retail financial indicator trend analysis is much more than just breaking down Spencers Retail prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spencers Retail is a good investment. Please check the relationship between Spencers Retail Property Plant And Equipment Net and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spencers Retail Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spencers Retail Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Spencers Retail's Property Plant And Equipment Net and Total Current Liabilities is 0.98. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Spencers Retail Limited, assuming nothing else is changed. The correlation between historical values of Spencers Retail's Property Plant And Equipment Net and Total Current Liabilities 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 And Equipment Net of Spencers Retail Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Spencers Retail's Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Current Liabilities

Total Current Liabilities is an item on Spencers Retail balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Spencers Retail Limited 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.
Most indicators from Spencers Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spencers Retail 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 Spencers Retail Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of 11/27/2024, Selling General Administrative is likely to drop to about 134.1 M. In addition to that, Tax Provision is likely to grow to about (3.4 M)
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.3B1.3B1.3B1.1B
Interest Income969.7M1.2B1.3B712.0M

Spencers Retail fundamental ratios Correlations

0.970.250.97-0.890.99-0.971.00.760.97-0.90.930.480.99-0.76-0.30.85-0.7-0.640.92-0.790.980.980.730.88-0.9
0.970.351.0-0.920.99-0.960.980.631.0-0.930.90.330.98-0.72-0.420.88-0.73-0.740.9-0.761.01.00.720.96-0.92
0.250.350.36-0.430.3-0.330.27-0.050.36-0.460.13-0.410.25-0.22-0.280.38-0.21-0.750.39-0.040.30.320.590.42-0.62
0.971.00.36-0.940.97-0.950.980.61.0-0.950.910.310.96-0.68-0.470.91-0.7-0.740.91-0.730.990.990.750.97-0.91
-0.89-0.92-0.43-0.94-0.860.91-0.89-0.48-0.921.0-0.88-0.16-0.880.620.66-0.990.730.77-0.840.69-0.89-0.91-0.83-0.930.91
0.990.990.30.97-0.86-0.960.990.710.98-0.880.890.430.99-0.78-0.270.81-0.71-0.680.9-0.781.00.990.670.9-0.9
-0.97-0.96-0.33-0.950.91-0.96-0.97-0.67-0.960.92-0.86-0.32-0.980.80.37-0.870.820.76-0.850.85-0.96-0.97-0.7-0.880.94
1.00.980.270.98-0.890.99-0.970.740.98-0.90.930.460.99-0.76-0.310.85-0.71-0.660.92-0.790.990.990.710.9-0.9
0.760.63-0.050.6-0.480.71-0.670.740.61-0.490.710.880.74-0.740.180.45-0.44-0.180.65-0.70.680.670.460.49-0.55
0.971.00.361.0-0.920.98-0.960.980.61-0.940.890.310.97-0.72-0.440.89-0.73-0.760.9-0.760.991.00.710.96-0.92
-0.9-0.93-0.46-0.951.0-0.880.92-0.9-0.49-0.94-0.88-0.16-0.890.630.64-0.990.740.79-0.850.7-0.9-0.92-0.83-0.940.93
0.930.90.130.91-0.880.89-0.860.930.710.89-0.880.550.9-0.59-0.370.88-0.53-0.450.92-0.650.90.910.790.84-0.77
0.480.33-0.410.31-0.160.43-0.320.460.880.31-0.160.550.44-0.460.380.16-0.090.280.42-0.420.390.380.190.2-0.14
0.990.980.250.96-0.880.99-0.980.990.740.97-0.890.90.44-0.81-0.30.84-0.77-0.680.87-0.850.990.990.660.89-0.9
-0.76-0.72-0.22-0.680.62-0.780.8-0.76-0.74-0.720.63-0.59-0.46-0.810.02-0.580.850.58-0.520.93-0.74-0.74-0.35-0.630.74
-0.3-0.42-0.28-0.470.66-0.270.37-0.310.18-0.440.64-0.370.38-0.30.02-0.690.440.56-0.260.24-0.35-0.38-0.45-0.610.42
0.850.880.380.91-0.990.81-0.870.850.450.89-0.990.880.160.84-0.58-0.69-0.71-0.710.81-0.670.840.880.830.9-0.86
-0.7-0.73-0.21-0.70.73-0.710.82-0.71-0.44-0.730.74-0.53-0.09-0.770.850.44-0.710.74-0.410.94-0.72-0.73-0.31-0.70.75
-0.64-0.74-0.75-0.740.77-0.680.76-0.66-0.18-0.760.79-0.450.28-0.680.580.56-0.710.74-0.560.57-0.7-0.71-0.59-0.780.89
0.920.90.390.91-0.840.9-0.850.920.650.9-0.850.920.420.87-0.52-0.260.81-0.41-0.56-0.50.90.910.870.83-0.84
-0.79-0.76-0.04-0.730.69-0.780.85-0.79-0.7-0.760.7-0.65-0.42-0.850.930.24-0.670.940.57-0.5-0.77-0.78-0.32-0.690.72
0.981.00.30.99-0.891.0-0.960.990.680.99-0.90.90.390.99-0.74-0.350.84-0.72-0.70.9-0.771.00.680.93-0.9
0.981.00.320.99-0.910.99-0.970.990.671.0-0.920.910.380.99-0.74-0.380.88-0.73-0.710.91-0.781.00.710.95-0.91
0.730.720.590.75-0.830.67-0.70.710.460.71-0.830.790.190.66-0.35-0.450.83-0.31-0.590.87-0.320.680.710.71-0.8
0.880.960.420.97-0.930.9-0.880.90.490.96-0.940.840.20.89-0.63-0.610.9-0.7-0.780.83-0.690.930.950.71-0.87
-0.9-0.92-0.62-0.910.91-0.90.94-0.9-0.55-0.920.93-0.77-0.14-0.90.740.42-0.860.750.89-0.840.72-0.9-0.91-0.8-0.87
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Spencers Retail Account Relationship Matchups

Spencers Retail fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.9B15.6B15.7B16.3B17.0B15.4B
Short Long Term Debt Total8.5B9.4B10.7B13.4B16.2B9.2B
Other Current Liab155.1M512.6M485.0M424.6M487.0M452.3M
Total Current Liabilities6.4B6.6B7.2B8.6B9.8B7.1B
Total Stockholder Equity2.7B1.9B618.6M(1.5B)(4.2B)(4.0B)
Other Liab82.3M319.9M338.5M364.0M418.6M261.1M
Net Tangible Assets4.5B(687.6M)(1.5B)(2.7B)(2.5B)(2.3B)
Property Plant And Equipment Net7.2B7.2B7.2B8.0B8.8B6.5B
Current Deferred Revenue487.3M530.7M148.3M149.9M191.7M248.8M
Net Debt7.7B8.9B10.5B13.3B15.9B8.8B
Retained Earnings(3.3B)(4.9B)(6.2B)(8.3B)(10.9B)(10.4B)
Accounts Payable3.7B3.3B3.3B3.4B3.8B3.7B
Cash809.7M569.1M168.5M131.7M314.6M282.3M
Non Current Assets Total11.6B11.7B12.0B12.7B13.2B10.9B
Non Currrent Assets Other760.2M34M451.6M1.3B537.2M829.5M
Other Assets756.7M800.9M739.0M16.9M15.2M14.4M
Long Term Debt868.1M754.7M1.3B1.8B2.8B3.0B
Cash And Short Term Investments813.2M577.5M388.6M396.9M314.6M298.9M
Net Receivables705.1M325.4M286.2M215.8M252.9M335.8M
Common Stock Shares Outstanding80.4M81.7M86.4M90.1M103.7M87.1M
Short Term Investments3.5M8.4M220.1M265.2M91.4M86.8M
Long Term Debt Total6.5B6.8B7.5B8.8B10.2B5.4B
Liabilities And Stockholders Equity15.9B15.6B15.7B16.3B17.0B15.4B
Non Current Liabilities Total6.8B7.1B7.8B9.2B11.4B6.7B
Inventory2.5B2.7B2.6B2.6B2.7B2.9B
Other Current Assets187.9M241.9M215.5M345.8M445.5M256.4M
Total Liab13.2B13.7B15.0B17.8B21.1B13.8B
Net Invested Capital4.7B4.2B4.2B3.9B3.2B3.6B
Total Current Assets4.3B3.9B3.6B3.6B3.7B3.3B
Accumulated Other Comprehensive Income5.6B5.6B5.6B5.6B6.5B4.1B
Cash And Equivalents37.2M45.0M44.0M131.7M151.4M159.0M
Net Working Capital(2.1B)(2.7B)(3.6B)(4.9B)(6.0B)(5.7B)
Short Term Debt2.0B2.7B3.2B4.6B5.2B2.8B
Intangible Assets2.1B2.1B2.0B2.1B2.1B1.9B
Property Plant Equipment7.2B7.2B7.2B8.0B9.2B6.7B

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