Spentex Common Stock vs Net Receivables Analysis

SPENTEX Stock

280.00 0.00 0.00%

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

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spentex Industries Common Stock account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.

The correlation between Spentex Industries' Common Stock and Net Receivables is 0.2. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Spentex Industries Limited, assuming nothing else is changed. The correlation between historical values of Spentex Industries' Common Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Spentex Industries Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., Spentex Industries' Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Common Stock

Net Receivables

Most indicators from Spentex Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spentex Industries 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 Spentex Industries 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 estimate.

Selling General Administrative is likely to drop to about 15.5 M in 2024

	2019	2022	2023	2024 (projected)
Total Operating Expenses	114.1M	108.7M	273.4M	259.8M
Cost Of Revenue	614K	751K	100.2M	95.2M

Total Operating Expenses Cost Of Revenue

Spentex Industries 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Current Deferred Revenue	Short Term Debt	Other Liab	Net Tangible Assets	Retained Earnings
Total Assets		0.56	0.47	-0.05	0.47	0.91	0.52	0.66	0.99	0.38	0.06	0.93	0.28	0.94	0.96	-0.45	-0.42	0.68	0.97	0.3	0.94	-0.61	-0.89	-0.92	0.94	0.63
Short Long Term Debt Total	0.56		0.55	0.58	-0.33	0.59	0.99	0.17	0.55	0.09	0.32	0.57	0.75	0.45	0.54	-0.01	-0.06	0.87	0.58	0.76	0.66	-0.16	-0.39	-0.49	0.32	-0.04
Other Current Liab	0.47	0.55		0.57	-0.22	0.36	0.45	-0.02	0.5	0.37	-0.04	0.56	0.45	0.22	0.34	-0.62	-0.2	0.68	0.36	0.45	0.4	-0.27	-0.44	-0.49	0.35	-0.03
Total Current Liabilities	-0.05	0.58	0.57		-0.88	-0.15	0.55	-0.63	0.0	0.33	0.07	-0.09	0.85	-0.3	-0.16	0.17	0.18	0.68	-0.16	0.83	0.06	0.25	0.21	-0.02	-0.14	-0.45
Total Stockholder Equity	0.47	-0.33	-0.22	-0.88		0.46	-0.34	0.8	0.43	0.01	-0.12	0.45	-0.64	0.61	0.53	-0.39	-0.27	-0.33	0.53	-0.63	0.31	-0.56	-0.57	-0.41	0.56	0.69
Property Plant And Equipment Net	0.91	0.59	0.36	-0.15	0.46		0.58	0.74	0.89	-0.02	0.16	0.95	0.2	0.95	0.91	-0.49	-0.55	0.59	0.94	0.22	0.9	-0.46	-0.87	-0.75	0.75	0.56
Net Debt	0.52	0.99	0.45	0.55	-0.34	0.58		0.15	0.51	0.01	0.33	0.52	0.73	0.45	0.53	0.06	-0.09	0.84	0.55	0.75	0.66	-0.12	-0.35	-0.45	0.28	-0.05
Cash	0.66	0.17	-0.02	-0.63	0.8	0.74	0.15		0.6	-0.11	0.23	0.73	-0.33	0.79	0.74	-0.42	-0.17	0.04	0.76	-0.3	0.52	-0.39	-0.67	-0.52	0.58	0.51
Non Current Assets Total	0.99	0.55	0.5	0.0	0.43	0.89	0.51	0.6		0.43	0.02	0.91	0.32	0.92	0.93	-0.46	-0.42	0.7	0.95	0.34	0.94	-0.61	-0.88	-0.92	0.94	0.63
Non Currrent Assets Other	0.38	0.09	0.37	0.33	0.01	-0.02	0.01	-0.11	0.43		-0.17	0.12	0.33	0.13	0.25	0.03	0.27	0.4	0.22	0.32	0.29	-0.39	-0.16	-0.54	0.57	0.23
Cash And Short Term Investments	0.06	0.32	-0.04	0.07	-0.12	0.16	0.33	0.23	0.02	-0.17		0.15	-0.03	0.12	0.08	0.05	0.09	0.16	0.12	-0.02	0.01	0.26	0.15	0.04	-0.04	-0.4
Net Receivables	0.93	0.57	0.56	-0.09	0.45	0.95	0.52	0.73	0.91	0.12	0.15		0.18	0.9	0.9	-0.66	-0.5	0.61	0.93	0.2	0.85	-0.5	-0.9	-0.79	0.79	0.51
Common Stock Shares Outstanding	0.28	0.75	0.45	0.85	-0.64	0.2	0.73	-0.33	0.32	0.33	-0.03	0.18		0.09	0.17	0.26	0.02	0.83	0.22	1.0	0.43	-0.03	-0.15	-0.28	0.15	-0.01
Non Current Liabilities Total	0.94	0.45	0.22	-0.3	0.61	0.95	0.45	0.79	0.92	0.13	0.12	0.9	0.09		0.96	-0.41	-0.5	0.5	0.97	0.11	0.9	-0.54	-0.87	-0.82	0.88	0.67
Inventory	0.96	0.54	0.34	-0.16	0.53	0.91	0.53	0.74	0.93	0.25	0.08	0.9	0.17	0.96		-0.4	-0.4	0.59	0.98	0.2	0.91	-0.54	-0.85	-0.89	0.89	0.6
Other Current Assets	-0.45	-0.01	-0.62	0.17	-0.39	-0.49	0.06	-0.42	-0.46	0.03	0.05	-0.66	0.26	-0.41	-0.4		0.48	-0.16	-0.39	0.26	-0.29	0.19	0.55	0.34	-0.39	-0.18
Other Stockholder Equity	-0.42	-0.06	-0.2	0.18	-0.27	-0.55	-0.09	-0.17	-0.42	0.27	0.09	-0.5	0.02	-0.5	-0.4	0.48		-0.22	-0.42	0.02	-0.44	0.31	0.61	0.31	-0.38	-0.52
Total Liab	0.68	0.87	0.68	0.68	-0.33	0.59	0.84	0.04	0.7	0.4	0.16	0.61	0.83	0.5	0.59	-0.16	-0.22		0.6	0.84	0.75	-0.19	-0.48	-0.64	0.54	0.1
Total Current Assets	0.97	0.58	0.36	-0.16	0.53	0.94	0.55	0.76	0.95	0.22	0.12	0.93	0.22	0.97	0.98	-0.39	-0.42	0.6		0.24	0.92	-0.61	-0.9	-0.87	0.88	0.65
Common Stock	0.3	0.76	0.45	0.83	-0.63	0.22	0.75	-0.3	0.34	0.32	-0.02	0.2	1.0	0.11	0.2	0.26	0.02	0.84	0.24		0.45	-0.04	-0.17	-0.29	0.17	0.0
Accounts Payable	0.94	0.66	0.4	0.06	0.31	0.9	0.66	0.52	0.94	0.29	0.01	0.85	0.43	0.9	0.91	-0.29	-0.44	0.75	0.92	0.45		-0.56	-0.83	-0.86	0.85	0.59
Current Deferred Revenue	-0.61	-0.16	-0.27	0.25	-0.56	-0.46	-0.12	-0.39	-0.61	-0.39	0.26	-0.5	-0.03	-0.54	-0.54	0.19	0.31	-0.19	-0.61	-0.04	-0.56		0.72	0.64	-0.64	-0.78
Short Term Debt	-0.89	-0.39	-0.44	0.21	-0.57	-0.87	-0.35	-0.67	-0.88	-0.16	0.15	-0.9	-0.15	-0.87	-0.85	0.55	0.61	-0.48	-0.9	-0.17	-0.83	0.72		0.81	-0.81	-0.79
Other Liab	-0.92	-0.49	-0.49	-0.02	-0.41	-0.75	-0.45	-0.52	-0.92	-0.54	0.04	-0.79	-0.28	-0.82	-0.89	0.34	0.31	-0.64	-0.87	-0.29	-0.86	0.64	0.81		-0.91	-0.57
Net Tangible Assets	0.94	0.32	0.35	-0.14	0.56	0.75	0.28	0.58	0.94	0.57	-0.04	0.79	0.15	0.88	0.89	-0.39	-0.38	0.54	0.88	0.17	0.85	-0.64	-0.81	-0.91		0.7
Retained Earnings	0.63	-0.04	-0.03	-0.45	0.69	0.56	-0.05	0.51	0.63	0.23	-0.4	0.51	-0.01	0.67	0.6	-0.18	-0.52	0.1	0.65	0.0	0.59	-0.78	-0.79	-0.57	0.7

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Spentex Industries Account Relationship Matchups

Spentex Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.4B	2.1B	2.0B	957.5M	909.6M
Short Long Term Debt Total	5.4B	8.2B	5.4B	4.9B	349.3M	331.8M
Other Current Liab	1.5B	2.0B	1.1B	1.1B	21.4M	20.3M
Total Current Liabilities	10.1B	10.9B	7.3B	7.4B	45.6M	43.4M
Total Stockholder Equity	(7.9B)	(8.5B)	(5.4B)	(5.5B)	562.4M	590.5M
Property Plant And Equipment Net	1.6B	1.5B	1.2B	2.3B	485.4M	461.1M
Net Debt	5.4B	8.2B	5.3B	4.9B	290.9M	276.3M
Cash	19.3M	10.6M	18.8M	17.8M	58.4M	79.0M
Non Current Assets Total	2.1B	1.6B	1.3B	2.4B	497.9M	473.0M
Cash And Short Term Investments	130.2M	467.9M	19.7M	18.7M	58.4M	107.5M
Net Receivables	238.7M	195.9M	91.5M	91.5M	10.1M	9.6M
Liabilities And Stockholders Equity	2.7B	2.4B	2.1B	2.0B	957.5M	909.6M
Other Current Assets	526.2M	778.5M	732.7M	734.7M	401.2M	500.7M
Other Stockholder Equity	2.5B	2.1B	1.2B	1.2B	1.1B	1.4B
Total Liab	10.5B	11.0B	7.5B	7.5B	395.1M	375.3M
Total Current Assets	562.2M	844.9M	799.0M	800.0M	459.6M	436.6M
Current Deferred Revenue	4.2B	1.8B	1.0B	1.0B	1.2B	1.1B
Short Term Debt	6.7B	6.8B	4.7B	5.4B	6.2B	5.1B
Retained Earnings	(11.3B)	(11.5B)	(7.5B)	(7.6B)	(7.9B)	(8.3B)
Short Long Term Debt	5.1B	8.2B	5.4B	4.9B	5.6B	6.4B

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Spentex Common Stock vs Net Receivables Analysis

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

Correlation Coefficient

Common Stock

Net Receivables

Spentex Industries fundamental ratios Correlations

Spentex Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spentex Industries fundamental ratios Accounts

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Additional Tools for Spentex Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.98	Inventory
Total Current Assets	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Non Current Liabilities Total

Other Liab	- 0.92	Non Current Assets Total
Other Liab	- 0.92	Total Assets
Net Tangible Assets	- 0.91	Other Liab
Short Term Debt	- 0.9	Total Current Assets
Short Term Debt	- 0.9	Net Receivables
Other Liab	- 0.89	Inventory