SPI Good Will vs Property Plant Equipment Analysis
SPI Stock | USD 0.31 0.01 3.13% |
SPI Energy financial indicator trend analysis is much more than just breaking down SPI Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPI Energy is a good investment. Please check the relationship between SPI Energy Good Will and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPI Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Good Will vs Property Plant Equipment
Good Will vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPI Energy Good Will account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between SPI Energy's Good Will and Property Plant Equipment is 0.39. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of SPI Energy Co, assuming nothing else is changed. The correlation between historical values of SPI Energy's Good Will and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of SPI Energy Co are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Good Will i.e., SPI Energy's Good Will and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Property Plant Equipment
Most indicators from SPI Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPI Energy 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 SPI Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. As of now, SPI Energy's Issuance Of Capital Stock is increasing as compared to previous years. The SPI Energy's current Enterprise Value is estimated to increase to about 158.7 M, while Selling General Administrative is projected to decrease to under 23.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.1M | 7.2M | 8.9M | 5.4M | Depreciation And Amortization | 9.0M | 6.7M | 7.7M | 8.1M |
SPI Energy fundamental ratios Correlations
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SPI Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SPI Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 178.9M | 217.0M | 228.1M | 231.1M | 265.8M | 226.6M | |
Total Current Liabilities | 170.0M | 151.6M | 173.8M | 189.7M | 218.2M | 169.8M | |
Total Stockholder Equity | (8.2M) | 45.3M | 22.4M | 12.2M | 11.0M | 10.4M | |
Net Debt | 64.0M | 27.7M | 74.6M | 71.7M | 82.4M | 60.5M | |
Accounts Payable | 19.7M | 15.0M | 25.6M | 30.4M | 35.0M | 35.6M | |
Cash | 2.8M | 38.9M | 9.8M | 3.5M | 4.1M | 3.9M | |
Cash And Short Term Investments | 2.8M | 38.9M | 9.8M | 3.5M | 4.1M | 3.9M | |
Common Stock Shares Outstanding | 12.7M | 15.9M | 24.2M | 26.5M | 30.5M | 32.0M | |
Liabilities And Stockholders Equity | 178.9M | 217.0M | 228.1M | 231.1M | 265.8M | 226.6M | |
Other Stockholder Equity | 612.7M | 670.1M | 695.1M | 719.7M | 827.7M | 869.0M | |
Total Liab | 184.3M | 168.6M | 202.1M | 213.2M | 245.2M | 191.9M | |
Total Current Assets | 56.5M | 79.3M | 84.1M | 82.0M | 94.2M | 118.4M | |
Short Long Term Debt Total | 67.0M | 66.5M | 84.4M | 75.2M | 86.5M | 88.4M | |
Other Current Liab | 73.5M | 77.2M | 78.7M | 87.1M | 100.2M | 61.1M | |
Property Plant And Equipment Net | 33.8M | 39.4M | 49.7M | 55.7M | 64.1M | 50.3M | |
Current Deferred Revenue | 17.6M | 1.4M | 4.9M | 9.1M | 10.5M | 9.8M | |
Retained Earnings | (585.4M) | (591.9M) | (637.4M) | (670.8M) | (603.7M) | (573.5M) | |
Non Current Assets Total | 122.4M | 137.7M | 144.0M | 149.1M | 171.5M | 114.6M | |
Non Currrent Assets Other | 16.8M | 20.0M | 16.2M | 15.9M | 18.2M | 28.5M | |
Net Receivables | 19.1M | 19.3M | 26.3M | 25.7M | 29.6M | 54.8M | |
Inventory | 13.8M | 17.3M | 23.2M | 29.0M | 33.3M | 35.0M | |
Other Current Assets | 17.8M | 3.8M | 24.8M | 23.7M | 27.3M | 21.1M | |
Property Plant And Equipment Gross | 33.8M | 39.4M | 63.3M | 67.2M | 77.3M | 45.1M | |
Accumulated Other Comprehensive Income | (35.5M) | (32.9M) | (35.3M) | (36.7M) | (33.0M) | (31.4M) | |
Short Term Debt | 59.2M | 54.2M | 59.1M | 54.3M | 62.5M | 70.0M | |
Other Assets | 16.8M | 20.1M | 16.4M | 16.3M | 18.8M | 22.5M | |
Long Term Debt | 6.0M | 6.4M | 12.8M | 6.6M | 7.6M | 14.0M | |
Non Current Liabilities Total | 14.3M | 17.1M | 28.3M | 23.5M | 27.1M | 24.9M | |
Intangible Assets | 1.5M | 4.1M | 3.4M | 2.6M | 3.0M | 2.1M | |
Property Plant Equipment | 33.8M | 39.4M | 49.7M | 55.7M | 64.1M | 47.7M | |
Other Liab | 5.0M | 4.5M | 3.0M | 2.7M | 2.4M | 4.5M | |
Net Tangible Assets | (10.3M) | 36.7M | 14.1M | 4.7M | 4.2M | 4.0M | |
Short Long Term Debt | 58.8M | 53.6M | 57.7M | 52.7M | 47.5M | 63.8M |
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When determining whether SPI Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPI Energy'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 Spi Energy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spi Energy Co Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPI Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Semiconductors & Semiconductor Equipment 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 SPI Energy. If investors know SPI 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 SPI Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 7.228 | Quarterly Revenue Growth 0.307 | Return On Assets (0.04) | Return On Equity (1.25) |
The market value of SPI Energy is measured differently than its book value, which is the value of SPI that is recorded on the company's balance sheet. Investors also form their own opinion of SPI Energy's value that differs from its market value or its book value, called intrinsic value, which is SPI Energy'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 SPI Energy's market value can be influenced by many factors that don't directly affect SPI Energy'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 SPI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPI Energy'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.