SPGI Long Term Debt vs Total Stockholder Equity Analysis
SPGI Stock | USD 520.51 6.05 1.18% |
SP Global financial indicator trend analysis is much more than just breaking down SP Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SP Global is a good investment. Please check the relationship between SP Global Long Term Debt and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.
Long Term Debt vs Total Stockholder Equity
Long Term Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SP Global Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SP Global's Long Term Debt and Total Stockholder Equity is 0.93. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of SP Global, assuming nothing else is changed. The correlation between historical values of SP Global's Long Term Debt and Total 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 Long Term Debt of SP Global are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., SP Global's Long Term Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that SP Global has held for over one year. Long-term debt appears on SP Global balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on SP Global balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from SP Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SP Global 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 SP Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.As of now, SP Global's Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 119M | 304M | 334M | 350.7M | Depreciation And Amortization | 178M | 1.0B | 1.1B | 1.2B |
SP Global fundamental ratios Correlations
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SP Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SP Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.3B | 12.5B | 15.0B | 61.8B | 60.6B | 63.6B | |
Short Long Term Debt Total | 4.6B | 4.7B | 4.6B | 11.5B | 12B | 12.6B | |
Other Current Liab | 863M | 1.0B | 1.2B | 2.0B | 1.9B | 1.1B | |
Total Current Liabilities | 3.1B | 3.6B | 3.8B | 6.0B | 6.1B | 6.4B | |
Total Stockholder Equity | 536M | 571M | 2.1B | 36.5B | 34.2B | 35.9B | |
Property Plant And Equipment Net | 996M | 778M | 667M | 720M | 637M | 463.7M | |
Net Debt | 1.7B | 532M | (1.9B) | 10.2B | 10.7B | 11.2B | |
Retained Earnings | 12.2B | 13.4B | 15.0B | 17.8B | 18.7B | 19.7B | |
Cash | 2.9B | 4.1B | 6.5B | 1.3B | 1.3B | 1.0B | |
Non Current Assets Total | 6.6B | 6.5B | 6.2B | 56.1B | 55.4B | 58.2B | |
Non Currrent Assets Other | 641M | 684M | 758M | 794M | 774M | 629.2M | |
Cash And Short Term Investments | 2.9B | 4.1B | 6.5B | 1.3B | 1.3B | 1.0B | |
Net Receivables | 1.6B | 1.6B | 1.7B | 2.5B | 2.8B | 3.0B | |
Common Stock Shares Outstanding | 246.9M | 242.1M | 241.8M | 318.5M | 318.9M | 275.8M | |
Liabilities And Stockholders Equity | 11.3B | 12.5B | 15.0B | 61.8B | 60.6B | 63.6B | |
Non Current Liabilities Total | 5.5B | 5.6B | 5.7B | 16.0B | 16.4B | 17.2B | |
Inventory | (1.6B) | (1.6B) | (1.7B) | (1.2B) | (922M) | (875.9M) | |
Other Current Assets | 1.8B | 278M | 652M | 1.9B | 1.0B | 647.0M | |
Other Stockholder Equity | (11.3B) | (12.5B) | (12.4B) | 19.1B | 15.8B | 16.6B | |
Total Liab | 8.5B | 9.2B | 9.5B | 22.0B | 22.5B | 23.6B | |
Total Current Assets | 4.7B | 6.0B | 8.8B | 5.7B | 5.1B | 2.8B | |
Short Term Debt | 112M | 184M | 186M | 344M | 273M | 174.8M | |
Intangible Assets | 1.4B | 1.4B | 1.3B | 18.3B | 17.4B | 18.3B | |
Accounts Payable | 190M | 233M | 205M | 450M | 557M | 294.2M | |
Property Plant And Equipment Gross | 996M | 871M | 861M | 297M | 1.4B | 1.5B | |
Accumulated Other Comprehensive Income | (624M) | (637M) | (841M) | (886M) | (763M) | (724.9M) | |
Other Liab | 883M | 944M | 1.1B | 4.7B | 5.4B | 5.7B | |
Other Assets | 558M | 591M | 758M | 580M | 522M | 503.2M | |
Long Term Debt | 3.9B | 4.1B | 4.1B | 10.7B | 11.4B | 12.0B | |
Treasury Stock | (11.0B) | (12.3B) | (13.5B) | (13.5B) | (12.1B) | (11.5B) | |
Property Plant Equipment | 320M | 284M | 241M | 297M | 267.3M | 324.5M | |
Current Deferred Revenue | 1.9B | 2.2B | 2.2B | 3.1B | 3.5B | 3.6B | |
Good Will | 3.6B | 3.7B | 3.5B | 34.5B | 34.9B | 36.6B | |
Net Tangible Assets | (2.3B) | (1.8B) | 670M | (13.2B) | (11.9B) | (11.3B) | |
Retained Earnings Total Equity | 12.2B | 13.4B | 15.0B | 17.8B | 20.5B | 10.9B | |
Short Term Investments | 28M | 9M | 11M | 14M | 26M | 27.3M |
Currently Active Assets on Macroaxis
When determining whether SP Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sp Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Global Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Financial Exchanges & Data space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SP Global. If investors know SPGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SP Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.335 | Dividend Share 3.63 | Earnings Share 11.35 | Revenue Per Share 43.945 | Quarterly Revenue Growth 0.159 |
The market value of SP Global is measured differently than its book value, which is the value of SPGI that is recorded on the company's balance sheet. Investors also form their own opinion of SP Global's value that differs from its market value or its book value, called intrinsic value, which is SP Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP Global's market value can be influenced by many factors that don't directly affect SP Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.