Steel Historical Financial Ratios
| SPLP Stock | USD 41.05 0.05 0.12% |
Steel Partners is promptly reporting on over 113 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 49.25, Invested Capital of 0.0, Operating Cash Flow Per Share of 0.94 or Average Payables of 0.0 will help investors to properly organize and evaluate Steel Partners Holdings financial condition quickly.
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About Steel Financial Ratios Analysis
Steel Partners HoldingsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Steel Partners investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Steel financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Steel Partners history.
Steel Partners Financial Ratios Chart
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Dividend Yield
Dividend Yield is Steel Partners Holdings dividend as a percentage of Steel Partners stock price. Steel Partners Holdings dividend yield is a measure of Steel Partners stock productivity, which can be interpreted as interest rate earned on an Steel Partners investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most ratios from Steel Partners' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Steel Partners Holdings current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Steel Partners Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Steel Partners' Capex To Revenue is relatively stable compared to the past year. As of 11/22/2024, Cash Per Share is likely to grow to 28.31, though Free Cash Flow Yield is likely to grow to (0.03).
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 8.21 | 10.17 | 9.36 | 12.17 | Days Of Inventory On Hand | 66.48 | 70.15 | 59.77 | 42.94 |
Steel Partners fundamentals Correlations
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Steel Partners Account Relationship Matchups
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Steel Partners fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.37 | 0.22 | 0.19 | 0.2 | 0.58 | 0.47 | |
| Ptb Ratio | (1.58) | (1.54) | (6.87) | 1.22 | 0.89 | 0.85 | |
| Days Sales Outstanding | 117.43 | 111.16 | 128.51 | 156.05 | 179.18 | 188.14 | |
| Free Cash Flow Yield | 0.23 | 1.13 | 0.0281 | (0.26) | (0.0353) | (0.0335) | |
| Operating Cash Flow Per Share | 4.48 | 13.06 | 3.61 | (9.22) | 0.99 | 0.94 | |
| Stock Based Compensation To Revenue | 4.99E-4 | 6.77E-4 | 9.59E-4 | 7.55E-4 | 8.49E-4 | 8.06E-4 | |
| Capex To Depreciation | 0.6 | 0.36 | 0.86 | 0.88 | 0.91 | 0.79 | |
| Pb Ratio | (1.58) | (1.54) | (6.87) | 1.22 | 0.89 | 0.85 | |
| Ev To Sales | 0.31 | 0.38 | 1.97 | 0.8 | 0.59 | 0.49 | |
| Free Cash Flow Per Share | 2.75 | 12.13 | 1.18 | (11.3) | (1.41) | (1.34) | |
| Roic | 0.12 | 0.0203 | 0.23 | 0.11 | 0.0616 | 0.059 | |
| Inventory Turnover | 6.37 | 6.36 | 5.49 | 5.2 | 6.11 | 7.78 | |
| Net Income Per Share | 0.48 | 2.93 | 6.09 | 9.03 | 7.04 | 7.39 | |
| Days Of Inventory On Hand | 57.33 | 57.41 | 66.48 | 70.15 | 59.77 | 42.94 | |
| Payables Turnover | 12.12 | 8.65 | 8.21 | 10.17 | 9.36 | 12.17 | |
| Capex To Revenue | 0.0275 | 0.0177 | 0.0343 | 0.028 | 0.027 | 0.0329 | |
| Cash Per Share | 5.95 | 5.48 | 15.09 | 10.28 | 26.96 | 28.31 | |
| Pocfratio | 2.7 | 0.82 | 11.64 | (4.64) | 40.4 | 42.42 | |
| Interest Coverage | 2.28 | 2.22 | 11.11 | 8.66 | 4.37 | 8.44 | |
| Capex To Operating Cash Flow | 0.39 | 0.0717 | 0.67 | (0.23) | 2.42 | 2.55 | |
| Pfcf Ratio | 4.4 | 0.89 | 35.59 | (3.79) | (28.36) | (26.94) | |
| Days Payables Outstanding | 30.12 | 42.2 | 44.47 | 35.91 | 38.98 | 41.0 | |
| Income Quality | 29.0 | 3.88 | 0.59 | (1.02) | 0.14 | 0.13 | |
| Roe | (0.0621) | (0.42) | (1.0) | 0.26 | 0.16 | 0.17 | |
| Ev To Operating Cash Flow | 5.31 | 7.95 | 15.59 | (4.75) | 34.17 | 35.87 | |
| Pe Ratio | 25.4 | 3.67 | 6.89 | 4.74 | 5.68 | 5.97 | |
| Return On Tangible Assets | 0.005877 | 0.0199 | 0.0546 | 0.0683 | 0.0405 | 0.0221 | |
| Ev To Free Cash Flow | 8.64 | 8.57 | 47.66 | (3.88) | (23.99) | (22.79) | |
| Earnings Yield | (0.0936) | 0.0394 | 0.27 | 0.15 | 0.21 | 0.18 | |
| Net Debt To E B I T D A | 1.34 | 17.64 | 1.0 | 0.0992 | (0.6) | (0.57) | |
| Current Ratio | 1.16 | 1.55 | 1.8 | 1.09 | 1.27 | 2.18 | |
| Tangible Book Value Per Share | 6.74 | 10.07 | 18.61 | 25.46 | 34.64 | 36.37 | |
| Receivables Turnover | 3.11 | 3.28 | 2.84 | 2.34 | 2.04 | 1.94 | |
| Graham Number | 9.07 | 21.42 | 28.95 | 84.48 | 84.15 | 88.36 | |
| Shareholders Equity Per Share | (7.67) | (6.96) | (6.11) | 35.13 | 44.72 | 46.96 |
Pair Trading with Steel Partners
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Steel Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Steel Partners will appreciate offsetting losses from the drop in the long position's value.Moving against Steel Stock
The ability to find closely correlated positions to Steel Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steel Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Steel Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Steel Partners Holdings to buy it.
The correlation of Steel Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Steel Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steel Partners Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Steel Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Steel Stock Analysis
When running Steel Partners' price analysis, check to measure Steel Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.