SPGI Roe vs Income Quality Analysis

SPGI Stock

USD 522.51 0.35 0.07%

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 Roe and its Income Quality 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.

Roe vs Income Quality

Roe vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SP Global Roe account and Income Quality. At this time, the significance of the direction appears to have almost no relationship.

The correlation between SP Global's Roe and Income Quality is 0.18. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Income Quality 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 Roe and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of SP Global are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Roe i.e., SP Global's Roe and Income Quality go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Roe

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

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

Interest Expense Depreciation And Amortization

SP Global 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	Retained Earnings	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	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.97	0.35	0.89	0.99	0.39	0.96	0.85	-0.17	1.0	0.63	-0.17	0.94	0.15	0.98	-0.2	-0.01	0.91	0.98	0.23	0.14	0.99	0.79	0.63	0.36	0.36
Short Long Term Debt Total	0.97		0.25	0.87	0.93	0.47	0.94	0.92	-0.02	0.95	0.72	-0.02	0.97	-0.02	1.0	-0.37	0.0	0.79	0.99	0.33	0.07	0.94	0.73	0.68	0.29	0.3
Other Current Liab	0.35	0.25		0.6	0.35	-0.01	0.24	0.26	-0.02	0.34	0.09	-0.02	0.28	-0.08	0.28	0.04	0.33	0.34	0.35	0.3	0.4	0.36	0.49	-0.03	0.62	0.62
Total Current Liabilities	0.89	0.87	0.6		0.85	0.43	0.79	0.88	0.03	0.87	0.67	0.03	0.91	-0.18	0.88	-0.22	0.15	0.71	0.93	0.44	0.37	0.86	0.78	0.6	0.54	0.54
Total Stockholder Equity	0.99	0.93	0.35	0.85		0.31	0.96	0.77	-0.28	1.0	0.56	-0.28	0.89	0.27	0.95	-0.11	-0.01	0.96	0.95	0.12	0.14	1.0	0.79	0.57	0.37	0.37
Property Plant And Equipment Net	0.39	0.47	-0.01	0.43	0.31		0.31	0.61	0.39	0.35	0.81	0.39	0.53	-0.24	0.46	-0.39	0.05	0.13	0.46	0.6	0.0	0.32	0.4	0.61	-0.17	-0.17
Net Debt	0.96	0.94	0.24	0.79	0.96	0.31		0.75	-0.37	0.97	0.53	-0.37	0.88	0.22	0.95	-0.1	0.05	0.91	0.93	0.02	0.12	0.97	0.76	0.58	0.37	0.37
Retained Earnings	0.85	0.92	0.26	0.88	0.77	0.61	0.75		0.29	0.81	0.86	0.29	0.97	-0.34	0.91	-0.55	0.06	0.55	0.92	0.59	0.15	0.79	0.67	0.71	0.25	0.26
Cash	-0.17	-0.02	-0.02	0.03	-0.28	0.39	-0.37	0.29		-0.24	0.39	1.0	0.07	-0.67	-0.07	-0.68	-0.14	-0.51	-0.05	0.84	-0.13	-0.27	-0.23	0.16	-0.27	-0.27
Non Current Assets Total	1.0	0.95	0.34	0.87	1.0	0.35	0.97	0.81	-0.24		0.59	-0.24	0.92	0.2	0.97	-0.16	0.0	0.93	0.97	0.16	0.13	1.0	0.79	0.61	0.37	0.37
Non Currrent Assets Other	0.63	0.72	0.09	0.67	0.56	0.81	0.53	0.86	0.39	0.59		0.39	0.79	-0.27	0.7	-0.48	0.09	0.34	0.71	0.67	0.23	0.56	0.63	0.65	0.01	0.02
Cash And Short Term Investments	-0.17	-0.02	-0.02	0.03	-0.28	0.39	-0.37	0.29	1.0	-0.24	0.39		0.07	-0.67	-0.07	-0.68	-0.14	-0.5	-0.04	0.84	-0.13	-0.27	-0.23	0.16	-0.27	-0.27
Net Receivables	0.94	0.97	0.28	0.91	0.89	0.53	0.88	0.97	0.07	0.92	0.79	0.07		-0.15	0.97	-0.41	0.03	0.72	0.98	0.41	0.15	0.9	0.74	0.75	0.3	0.3
Common Stock Shares Outstanding	0.15	-0.02	-0.08	-0.18	0.27	-0.24	0.22	-0.34	-0.67	0.2	-0.27	-0.67	-0.15		0.03	0.57	-0.3	0.51	-0.02	-0.56	-0.15	0.23	0.17	-0.1	-0.12	-0.12
Non Current Liabilities Total	0.98	1.0	0.28	0.88	0.95	0.46	0.95	0.91	-0.07	0.97	0.7	-0.07	0.97	0.03		-0.32	0.0	0.83	0.99	0.31	0.09	0.96	0.75	0.67	0.31	0.32
Inventory	-0.2	-0.37	0.04	-0.22	-0.11	-0.39	-0.1	-0.55	-0.68	-0.16	-0.48	-0.68	-0.41	0.57	-0.32		-0.1	0.12	-0.31	-0.58	0.31	-0.14	0.01	-0.23	0.16	0.16
Other Current Assets	-0.01	0.0	0.33	0.15	-0.01	0.05	0.05	0.06	-0.14	0.0	0.09	-0.14	0.03	-0.3	0.0	-0.1		-0.04	0.03	0.03	0.49	0.01	0.23	-0.36	0.5	0.5
Other Stockholder Equity	0.91	0.79	0.34	0.71	0.96	0.13	0.91	0.55	-0.51	0.93	0.34	-0.5	0.72	0.51	0.83	0.12	-0.04		0.82	-0.11	0.12	0.94	0.73	0.42	0.36	0.37
Total Liab	0.98	0.99	0.35	0.93	0.95	0.46	0.93	0.92	-0.05	0.97	0.71	-0.04	0.98	-0.02	0.99	-0.31	0.03	0.82		0.34	0.15	0.96	0.77	0.67	0.37	0.37
Total Current Assets	0.23	0.33	0.3	0.44	0.12	0.6	0.02	0.59	0.84	0.16	0.67	0.84	0.41	-0.56	0.31	-0.58	0.03	-0.11	0.34		0.18	0.14	0.26	0.29	0.03	0.03
Short Term Debt	0.14	0.07	0.4	0.37	0.14	0.0	0.12	0.15	-0.13	0.13	0.23	-0.13	0.15	-0.15	0.09	0.31	0.49	0.12	0.15	0.18		0.14	0.48	-0.15	0.64	0.63
Intangible Assets	0.99	0.94	0.36	0.86	1.0	0.32	0.97	0.79	-0.27	1.0	0.56	-0.27	0.9	0.23	0.96	-0.14	0.01	0.94	0.96	0.14	0.14		0.78	0.58	0.38	0.39
Accounts Payable	0.79	0.73	0.49	0.78	0.79	0.4	0.76	0.67	-0.23	0.79	0.63	-0.23	0.74	0.17	0.75	0.01	0.23	0.73	0.77	0.26	0.48	0.78		0.45	0.6	0.6
Property Plant And Equipment Gross	0.63	0.68	-0.03	0.6	0.57	0.61	0.58	0.71	0.16	0.61	0.65	0.16	0.75	-0.1	0.67	-0.23	-0.36	0.42	0.67	0.29	-0.15	0.58	0.45		-0.02	-0.02
Common Stock Total Equity	0.36	0.29	0.62	0.54	0.37	-0.17	0.37	0.25	-0.27	0.37	0.01	-0.27	0.3	-0.12	0.31	0.16	0.5	0.36	0.37	0.03	0.64	0.38	0.6	-0.02		1.0
Common Stock	0.36	0.3	0.62	0.54	0.37	-0.17	0.37	0.26	-0.27	0.37	0.02	-0.27	0.3	-0.12	0.32	0.16	0.5	0.37	0.37	0.03	0.63	0.39	0.6	-0.02	1.0

Click cells to compare fundamentals

SP Global Account Relationship Matchups

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

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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:

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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

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SPGI Roe vs Income Quality Analysis

Roe vs Income Quality

Roe vs Income Quality Correlation Analysis

Correlation Coefficient

Roe

Income Quality

SP Global fundamental ratios Correlations

SP Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SP Global fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Intangible Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Non Current Assets Total

Inventory	- 0.68	Cash And Short Term Investments
Inventory	- 0.68	Cash
Common Stock Shares Outstanding	- 0.67	Cash And Short Term Investments
Common Stock Shares Outstanding	- 0.67	Cash
Total Current Assets	- 0.58	Inventory
Total Current Assets	- 0.56	Common Stock Shares Outstanding