Spencers Total Operating Expenses vs Net Income Analysis

SPENCERS

81.18 0.31 0.38%

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 Total Operating Expenses and its Net Income 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.

Total Operating Expenses vs Net Income

Total Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spencers Retail Total Operating Expenses account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Spencers Retail's Total Operating Expenses and Net Income is -0.69. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income 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 Total Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Spencers Retail Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Operating Expenses i.e., Spencers Retail's Total Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

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Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Spencers Retail financial statement analysis. It represents the amount of money remaining after all of Spencers Retail Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 11/23/2024, 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 Amortization	1.3B	1.3B	1.3B	1.1B
Interest Income	969.7M	1.2B	1.3B	712.0M

Depreciation And Amortization Interest Income

Spencers Retail fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.97	0.25	0.97	-0.89	0.99	-0.97	1.0	0.76	0.97	-0.9	0.93	0.48	0.99	-0.76	-0.3	0.85	-0.7	-0.64	0.92	-0.79	0.98	0.98	0.73	0.88	-0.9
Short Long Term Debt Total	0.97		0.35	1.0	-0.92	0.99	-0.96	0.98	0.63	1.0	-0.93	0.9	0.33	0.98	-0.72	-0.42	0.88	-0.73	-0.74	0.9	-0.76	1.0	1.0	0.72	0.96	-0.92
Other Current Liab	0.25	0.35		0.36	-0.43	0.3	-0.33	0.27	-0.05	0.36	-0.46	0.13	-0.41	0.25	-0.22	-0.28	0.38	-0.21	-0.75	0.39	-0.04	0.3	0.32	0.59	0.42	-0.62
Total Current Liabilities	0.97	1.0	0.36		-0.94	0.97	-0.95	0.98	0.6	1.0	-0.95	0.91	0.31	0.96	-0.68	-0.47	0.91	-0.7	-0.74	0.91	-0.73	0.99	0.99	0.75	0.97	-0.91
Total Stockholder Equity	-0.89	-0.92	-0.43	-0.94		-0.86	0.91	-0.89	-0.48	-0.92	1.0	-0.88	-0.16	-0.88	0.62	0.66	-0.99	0.73	0.77	-0.84	0.69	-0.89	-0.91	-0.83	-0.93	0.91
Other Liab	0.99	0.99	0.3	0.97	-0.86		-0.96	0.99	0.71	0.98	-0.88	0.89	0.43	0.99	-0.78	-0.27	0.81	-0.71	-0.68	0.9	-0.78	1.0	0.99	0.67	0.9	-0.9
Net Tangible Assets	-0.97	-0.96	-0.33	-0.95	0.91	-0.96		-0.97	-0.67	-0.96	0.92	-0.86	-0.32	-0.98	0.8	0.37	-0.87	0.82	0.76	-0.85	0.85	-0.96	-0.97	-0.7	-0.88	0.94
Property Plant And Equipment Net	1.0	0.98	0.27	0.98	-0.89	0.99	-0.97		0.74	0.98	-0.9	0.93	0.46	0.99	-0.76	-0.31	0.85	-0.71	-0.66	0.92	-0.79	0.99	0.99	0.71	0.9	-0.9
Current Deferred Revenue	0.76	0.63	-0.05	0.6	-0.48	0.71	-0.67	0.74		0.61	-0.49	0.71	0.88	0.74	-0.74	0.18	0.45	-0.44	-0.18	0.65	-0.7	0.68	0.67	0.46	0.49	-0.55
Net Debt	0.97	1.0	0.36	1.0	-0.92	0.98	-0.96	0.98	0.61		-0.94	0.89	0.31	0.97	-0.72	-0.44	0.89	-0.73	-0.76	0.9	-0.76	0.99	1.0	0.71	0.96	-0.92
Retained Earnings	-0.9	-0.93	-0.46	-0.95	1.0	-0.88	0.92	-0.9	-0.49	-0.94		-0.88	-0.16	-0.89	0.63	0.64	-0.99	0.74	0.79	-0.85	0.7	-0.9	-0.92	-0.83	-0.94	0.93
Accounts Payable	0.93	0.9	0.13	0.91	-0.88	0.89	-0.86	0.93	0.71	0.89	-0.88		0.55	0.9	-0.59	-0.37	0.88	-0.53	-0.45	0.92	-0.65	0.9	0.91	0.79	0.84	-0.77
Cash	0.48	0.33	-0.41	0.31	-0.16	0.43	-0.32	0.46	0.88	0.31	-0.16	0.55		0.44	-0.46	0.38	0.16	-0.09	0.28	0.42	-0.42	0.39	0.38	0.19	0.2	-0.14
Non Current Assets Total	0.99	0.98	0.25	0.96	-0.88	0.99	-0.98	0.99	0.74	0.97	-0.89	0.9	0.44		-0.81	-0.3	0.84	-0.77	-0.68	0.87	-0.85	0.99	0.99	0.66	0.89	-0.9
Non Currrent Assets Other	-0.76	-0.72	-0.22	-0.68	0.62	-0.78	0.8	-0.76	-0.74	-0.72	0.63	-0.59	-0.46	-0.81		0.02	-0.58	0.85	0.58	-0.52	0.93	-0.74	-0.74	-0.35	-0.63	0.74
Other Assets	-0.3	-0.42	-0.28	-0.47	0.66	-0.27	0.37	-0.31	0.18	-0.44	0.64	-0.37	0.38	-0.3	0.02		-0.69	0.44	0.56	-0.26	0.24	-0.35	-0.38	-0.45	-0.61	0.42
Long Term Debt	0.85	0.88	0.38	0.91	-0.99	0.81	-0.87	0.85	0.45	0.89	-0.99	0.88	0.16	0.84	-0.58	-0.69		-0.71	-0.71	0.81	-0.67	0.84	0.88	0.83	0.9	-0.86
Cash And Short Term Investments	-0.7	-0.73	-0.21	-0.7	0.73	-0.71	0.82	-0.71	-0.44	-0.73	0.74	-0.53	-0.09	-0.77	0.85	0.44	-0.71		0.74	-0.41	0.94	-0.72	-0.73	-0.31	-0.7	0.75
Net Receivables	-0.64	-0.74	-0.75	-0.74	0.77	-0.68	0.76	-0.66	-0.18	-0.76	0.79	-0.45	0.28	-0.68	0.58	0.56	-0.71	0.74		-0.56	0.57	-0.7	-0.71	-0.59	-0.78	0.89
Common Stock Shares Outstanding	0.92	0.9	0.39	0.91	-0.84	0.9	-0.85	0.92	0.65	0.9	-0.85	0.92	0.42	0.87	-0.52	-0.26	0.81	-0.41	-0.56		-0.5	0.9	0.91	0.87	0.83	-0.84
Short Term Investments	-0.79	-0.76	-0.04	-0.73	0.69	-0.78	0.85	-0.79	-0.7	-0.76	0.7	-0.65	-0.42	-0.85	0.93	0.24	-0.67	0.94	0.57	-0.5		-0.77	-0.78	-0.32	-0.69	0.72
Long Term Debt Total	0.98	1.0	0.3	0.99	-0.89	1.0	-0.96	0.99	0.68	0.99	-0.9	0.9	0.39	0.99	-0.74	-0.35	0.84	-0.72	-0.7	0.9	-0.77		1.0	0.68	0.93	-0.9
Non Current Liabilities Total	0.98	1.0	0.32	0.99	-0.91	0.99	-0.97	0.99	0.67	1.0	-0.92	0.91	0.38	0.99	-0.74	-0.38	0.88	-0.73	-0.71	0.91	-0.78	1.0		0.71	0.95	-0.91
Inventory	0.73	0.72	0.59	0.75	-0.83	0.67	-0.7	0.71	0.46	0.71	-0.83	0.79	0.19	0.66	-0.35	-0.45	0.83	-0.31	-0.59	0.87	-0.32	0.68	0.71		0.71	-0.8
Other Current Assets	0.88	0.96	0.42	0.97	-0.93	0.9	-0.88	0.9	0.49	0.96	-0.94	0.84	0.2	0.89	-0.63	-0.61	0.9	-0.7	-0.78	0.83	-0.69	0.93	0.95	0.71		-0.87
Other Stockholder Equity	-0.9	-0.92	-0.62	-0.91	0.91	-0.9	0.94	-0.9	-0.55	-0.92	0.93	-0.77	-0.14	-0.9	0.74	0.42	-0.86	0.75	0.89	-0.84	0.72	-0.9	-0.91	-0.8	-0.87

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Spencers Retail Account Relationship Matchups

Spencers Retail fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.9B	15.6B	15.7B	16.3B	17.0B	15.4B
Short Long Term Debt Total	8.5B	9.4B	10.7B	13.4B	16.2B	9.2B
Other Current Liab	155.1M	512.6M	485.0M	424.6M	487.0M	452.3M
Total Current Liabilities	6.4B	6.6B	7.2B	8.6B	9.8B	7.1B
Total Stockholder Equity	2.7B	1.9B	618.6M	(1.5B)	(4.2B)	(4.0B)
Other Liab	82.3M	319.9M	338.5M	364.0M	418.6M	261.1M
Net Tangible Assets	4.5B	(687.6M)	(1.5B)	(2.7B)	(2.5B)	(2.3B)
Property Plant And Equipment Net	7.2B	7.2B	7.2B	8.0B	8.8B	6.5B
Current Deferred Revenue	487.3M	530.7M	148.3M	149.9M	191.7M	248.8M
Net Debt	7.7B	8.9B	10.5B	13.3B	15.9B	8.8B
Retained Earnings	(3.3B)	(4.9B)	(6.2B)	(8.3B)	(10.9B)	(10.4B)
Accounts Payable	3.7B	3.3B	3.3B	3.4B	3.8B	3.7B
Cash	809.7M	569.1M	168.5M	131.7M	314.6M	282.3M
Non Current Assets Total	11.6B	11.7B	12.0B	12.7B	13.2B	10.9B
Non Currrent Assets Other	760.2M	34M	451.6M	1.3B	537.2M	829.5M
Other Assets	756.7M	800.9M	739.0M	16.9M	15.2M	14.4M
Long Term Debt	868.1M	754.7M	1.3B	1.8B	2.8B	3.0B
Cash And Short Term Investments	813.2M	577.5M	388.6M	396.9M	314.6M	298.9M
Net Receivables	705.1M	325.4M	286.2M	215.8M	252.9M	335.8M
Common Stock Shares Outstanding	80.4M	81.7M	86.4M	90.1M	103.7M	87.1M
Short Term Investments	3.5M	8.4M	220.1M	265.2M	91.4M	86.8M
Long Term Debt Total	6.5B	6.8B	7.5B	8.8B	10.2B	5.4B
Liabilities And Stockholders Equity	15.9B	15.6B	15.7B	16.3B	17.0B	15.4B
Non Current Liabilities Total	6.8B	7.1B	7.8B	9.2B	11.4B	6.7B
Inventory	2.5B	2.7B	2.6B	2.6B	2.7B	2.9B
Other Current Assets	187.9M	241.9M	215.5M	345.8M	445.5M	256.4M
Total Liab	13.2B	13.7B	15.0B	17.8B	21.1B	13.8B
Net Invested Capital	4.7B	4.2B	4.2B	3.9B	3.2B	3.6B
Total Current Assets	4.3B	3.9B	3.6B	3.6B	3.7B	3.3B
Accumulated Other Comprehensive Income	5.6B	5.6B	5.6B	5.6B	6.5B	4.1B
Cash And Equivalents	37.2M	45.0M	44.0M	131.7M	151.4M	159.0M
Net Working Capital	(2.1B)	(2.7B)	(3.6B)	(4.9B)	(6.0B)	(5.7B)
Short Term Debt	2.0B	2.7B	3.2B	4.6B	5.2B	2.8B
Intangible Assets	2.1B	2.1B	2.0B	2.1B	2.1B	1.9B
Property Plant Equipment	7.2B	7.2B	7.2B	8.0B	9.2B	6.7B

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Spencers Total Operating Expenses vs Net Income Analysis

Total Operating Expenses vs Net Income

Total Operating Expenses vs Net Income Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Net Income

Spencers Retail fundamental ratios Correlations

Spencers Retail Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spencers Retail fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt Total	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Total Current Liabilities

Long Term Debt	- 0.99	Retained Earnings
Long Term Debt	- 0.99	Total Stockholder Equity
Non Current Assets Total	- 0.98	Net Tangible Assets
Non Current Liabilities Total	- 0.97	Net Tangible Assets
Property Plant And Equipment Net	- 0.97	Net Tangible Assets
Net Tangible Assets	- 0.97	Total Assets