Spentex Short Long Term Debt Total vs Other Stockholder Equity 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 Short Long Term Debt Total and its Other Stockholder Equity 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.

Short Long Term Debt Total vs Other Stockholder Equity

Short Long Term Debt Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spentex Industries Short Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Spentex Industries' Short Long Term Debt Total and Other Stockholder Equity is -0.06. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Stockholder Equity 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' Short Long Term Debt Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Spentex Industries Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., Spentex Industries' Short Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

Other Stockholder Equity

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 Expenses114.1M108.7M273.4M259.8M
Cost Of Revenue614K751K100.2M95.2M

Spentex Industries fundamental ratios Correlations

0.560.47-0.050.470.910.520.660.990.380.060.930.280.940.96-0.45-0.420.680.970.30.94-0.61-0.89-0.920.940.63
0.560.550.58-0.330.590.990.170.550.090.320.570.750.450.54-0.01-0.060.870.580.760.66-0.16-0.39-0.490.32-0.04
0.470.550.57-0.220.360.45-0.020.50.37-0.040.560.450.220.34-0.62-0.20.680.360.450.4-0.27-0.44-0.490.35-0.03
-0.050.580.57-0.88-0.150.55-0.630.00.330.07-0.090.85-0.3-0.160.170.180.68-0.160.830.060.250.21-0.02-0.14-0.46
0.47-0.33-0.22-0.880.46-0.340.80.430.01-0.120.45-0.640.610.53-0.39-0.28-0.330.53-0.630.31-0.56-0.57-0.410.560.69
0.910.590.36-0.150.460.580.740.89-0.020.160.950.20.950.91-0.49-0.540.590.940.220.9-0.46-0.87-0.750.750.55
0.520.990.450.55-0.340.580.150.510.010.330.520.730.450.530.06-0.090.840.550.750.66-0.12-0.35-0.450.28-0.05
0.660.17-0.02-0.630.80.740.150.6-0.110.230.73-0.330.790.74-0.42-0.170.040.76-0.30.52-0.39-0.67-0.520.580.51
0.990.550.50.00.430.890.510.60.430.020.910.320.920.93-0.46-0.420.70.950.340.94-0.61-0.88-0.920.940.63
0.380.090.370.330.01-0.020.01-0.110.43-0.170.120.330.130.250.030.270.40.220.320.29-0.39-0.16-0.540.570.23
0.060.32-0.040.07-0.120.160.330.230.02-0.170.15-0.030.120.080.050.090.160.12-0.020.010.260.150.04-0.04-0.4
0.930.570.56-0.090.450.950.520.730.910.120.150.180.90.9-0.66-0.50.610.930.20.85-0.5-0.9-0.790.790.51
0.280.750.450.85-0.640.20.73-0.330.320.33-0.030.180.090.170.260.020.830.221.00.43-0.03-0.15-0.280.15-0.02
0.940.450.22-0.30.610.950.450.790.920.130.120.90.090.96-0.41-0.50.50.970.110.9-0.54-0.87-0.820.880.67
0.960.540.34-0.160.530.910.530.740.930.250.080.90.170.96-0.4-0.40.590.980.20.91-0.54-0.85-0.890.890.59
-0.45-0.01-0.620.17-0.39-0.490.06-0.42-0.460.030.05-0.660.26-0.41-0.40.48-0.16-0.390.26-0.290.190.550.34-0.39-0.19
-0.42-0.06-0.20.18-0.28-0.54-0.09-0.17-0.420.270.09-0.50.02-0.5-0.40.48-0.22-0.420.02-0.440.310.610.31-0.38-0.52
0.680.870.680.68-0.330.590.840.040.70.40.160.610.830.50.59-0.16-0.220.60.840.75-0.19-0.48-0.640.540.1
0.970.580.36-0.160.530.940.550.760.950.220.120.930.220.970.98-0.39-0.420.60.240.92-0.61-0.9-0.870.880.65
0.30.760.450.83-0.630.220.75-0.30.340.32-0.020.21.00.110.20.260.020.840.240.45-0.04-0.17-0.290.17-0.01
0.940.660.40.060.310.90.660.520.940.290.010.850.430.90.91-0.29-0.440.750.920.45-0.56-0.83-0.860.850.59
-0.61-0.16-0.270.25-0.56-0.46-0.12-0.39-0.61-0.390.26-0.5-0.03-0.54-0.540.190.31-0.19-0.61-0.04-0.560.720.64-0.64-0.78
-0.89-0.39-0.440.21-0.57-0.87-0.35-0.67-0.88-0.160.15-0.9-0.15-0.87-0.850.550.61-0.48-0.9-0.17-0.830.720.81-0.81-0.79
-0.92-0.49-0.49-0.02-0.41-0.75-0.45-0.52-0.92-0.540.04-0.79-0.28-0.82-0.890.340.31-0.64-0.87-0.29-0.860.640.81-0.91-0.57
0.940.320.35-0.140.560.750.280.580.940.57-0.040.790.150.880.89-0.39-0.380.540.880.170.85-0.64-0.81-0.910.7
0.63-0.04-0.03-0.460.690.55-0.050.510.630.23-0.40.51-0.020.670.59-0.19-0.520.10.65-0.010.59-0.78-0.79-0.570.7
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Spentex Industries Account Relationship Matchups

Spentex Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.4B2.1B2.0B957.5M909.6M
Short Long Term Debt Total5.4B8.2B5.4B4.9B349.3M331.8M
Other Current Liab1.5B2.0B1.1B1.1B21.4M20.3M
Total Current Liabilities10.1B10.9B7.3B7.4B45.6M43.4M
Total Stockholder Equity(7.9B)(8.5B)(5.4B)(5.5B)562.4M590.5M
Property Plant And Equipment Net1.6B1.5B1.2B2.3B485.4M461.1M
Net Debt5.4B8.2B5.3B4.9B290.9M276.3M
Cash19.3M10.6M18.8M17.8M58.4M79.0M
Non Current Assets Total2.1B1.6B1.3B2.4B497.9M473.0M
Cash And Short Term Investments130.2M467.9M19.7M18.7M58.4M107.5M
Net Receivables238.7M195.9M91.5M91.5M10.1M9.6M
Liabilities And Stockholders Equity2.7B2.4B2.1B2.0B957.5M909.6M
Other Current Assets526.2M778.5M732.7M734.7M401.2M500.7M
Other Stockholder Equity2.5B2.1B1.2B1.2B1.0B1.4B
Total Liab10.5B11.0B7.5B7.5B395.1M375.3M
Total Current Assets562.2M844.9M799.0M800.0M459.6M436.6M
Current Deferred Revenue4.2B1.8B1.0B1.0B1.2B1.1B
Short Term Debt6.7B6.8B4.7B5.4B6.2B5.1B
Retained Earnings(11.3B)(11.5B)(7.5B)(7.6B)(7.9B)(8.3B)
Short Long Term Debt5.1B8.2B5.4B4.9B5.6B6.4B

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