Siriuspoint Net Income vs Other Non Cash Items Analysis

SPNT Stock

USD 15.58 0.21 1.37%

Siriuspoint financial indicator trend analysis is much more than just breaking down Siriuspoint prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Siriuspoint is a good investment. Please check the relationship between Siriuspoint Net Income and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siriuspoint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Siriuspoint Stock please use our How to Invest in Siriuspoint guide.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Siriuspoint Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Siriuspoint's Net Income and Other Non Cash Items is -0.59. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Siriuspoint, assuming nothing else is changed. The correlation between historical values of Siriuspoint's Net Income and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Siriuspoint are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Siriuspoint's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Siriuspoint financial statement analysis. It represents the amount of money remaining after all of Siriuspoint operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

Most indicators from Siriuspoint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Siriuspoint 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 Siriuspoint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Siriuspoint Stock please use our How to Invest in Siriuspoint guide.At this time, Siriuspoint's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 38.9 M in 2024, whereas Enterprise Value is likely to drop slightly above 1.3 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.2B	66M	2.7B	2.9B
Total Revenue	2.2B	66M	2.7B	2.9B

Gross Profit Total Revenue

Siriuspoint fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Short Term Investments	Property Plant And Equipment Gross	Intangible Assets	Short Long Term Debt Total	Non Current Liabilities Total	Inventory
Total Assets		-0.88	0.79	0.85	0.05	0.55	0.91	0.73	0.89	0.6	0.51	0.86	0.87	1.0	0.61	0.89	0.35	0.76	-0.97	0.99	0.6	-0.7	0.4	0.54	0.87	-0.82
Other Current Liab	-0.88		-0.88	-0.67	-0.06	-0.38	-0.95	-0.64	-0.85	-0.31	-0.55	-0.76	-0.72	-0.88	-0.28	-0.74	-0.17	-0.85	0.86	-0.9	-0.34	0.8	-0.34	-0.45	-0.85	0.55
Total Current Liabilities	0.79	-0.88		0.52	-0.05	0.38	0.89	0.65	0.83	0.08	0.48	0.58	0.51	0.79	0.05	0.54	0.01	0.9	-0.76	0.83	0.1	-0.94	0.22	0.34	0.84	-0.36
Total Stockholder Equity	0.85	-0.67	0.52		0.25	0.82	0.7	0.48	0.61	0.51	0.66	0.79	0.96	0.82	0.59	0.94	0.49	0.63	-0.76	0.77	0.5	-0.32	0.51	0.47	0.57	-0.73
Net Debt	0.05	-0.06	-0.05	0.25		0.15	0.11	-0.57	0.01	-0.12	0.59	0.02	0.33	0.01	-0.14	0.2	-0.07	0.05	0.03	-0.04	0.1	0.09	0.45	0.08	-0.02	0.01
Retained Earnings	0.55	-0.38	0.38	0.82	0.15		0.45	0.28	0.31	0.09	0.68	0.35	0.64	0.51	0.26	0.58	0.4	0.55	-0.37	0.44	0.03	-0.22	0.51	0.03	0.21	-0.35
Accounts Payable	0.91	-0.95	0.89	0.7	0.11	0.45		0.58	0.89	0.33	0.62	0.76	0.74	0.91	0.28	0.75	0.13	0.87	-0.86	0.9	0.39	-0.8	0.48	0.39	0.86	-0.6
Cash	0.73	-0.64	0.65	0.48	-0.57	0.28	0.58		0.66	0.55	-0.03	0.66	0.46	0.75	0.59	0.57	0.37	0.54	-0.79	0.79	0.4	-0.62	-0.14	0.55	0.7	-0.65
Other Assets	0.89	-0.85	0.83	0.61	0.01	0.31	0.89	0.66		0.53	0.47	0.75	0.68	0.9	0.36	0.71	-0.11	0.63	-0.89	0.9	0.58	-0.78	0.28	0.43	0.98	-0.67
Cash And Short Term Investments	0.6	-0.31	0.08	0.51	-0.12	0.09	0.33	0.55	0.53		-0.08	0.73	0.62	0.62	0.92	0.69	0.33	-0.02	-0.69	0.59	0.96	-0.04	0.03	0.64	0.54	-0.92
Common Stock Total Equity	0.51	-0.55	0.48	0.66	0.59	0.68	0.62	-0.03	0.47	-0.08		0.28	0.62	0.47	-0.08	0.52	-0.03	0.6	-0.33	0.41	0.04	-0.37	0.74	-0.07	0.36	-0.17
Common Stock Shares Outstanding	0.86	-0.76	0.58	0.79	0.02	0.35	0.76	0.66	0.75	0.73	0.28		0.87	0.88	0.69	0.93	0.4	0.55	-0.92	0.87	0.73	-0.39	0.25	0.78	0.77	-0.86
Other Stockholder Equity	0.87	-0.72	0.51	0.96	0.33	0.64	0.74	0.46	0.68	0.62	0.62	0.87		0.86	0.65	0.98	0.44	0.57	-0.83	0.81	0.65	-0.33	0.49	0.59	0.66	-0.81
Total Liab	1.0	-0.88	0.79	0.82	0.01	0.51	0.91	0.75	0.9	0.62	0.47	0.88	0.86		0.62	0.89	0.33	0.75	-0.98	0.99	0.61	-0.7	0.38	0.56	0.89	-0.83
Total Current Assets	0.61	-0.28	0.05	0.59	-0.14	0.26	0.28	0.59	0.36	0.92	-0.08	0.69	0.65	0.62		0.7	0.66	0.09	-0.66	0.59	0.82	-0.01	0.09	0.62	0.39	-0.91
Common Stock	0.89	-0.74	0.54	0.94	0.2	0.58	0.75	0.57	0.71	0.69	0.52	0.93	0.98	0.89	0.7		0.48	0.58	-0.88	0.86	0.7	-0.35	0.42	0.67	0.7	-0.86
Property Plant And Equipment Net	0.35	-0.17	0.01	0.49	-0.07	0.4	0.13	0.37	-0.11	0.33	-0.03	0.4	0.44	0.33	0.66	0.48		0.31	-0.33	0.33	0.19	0.09	0.12	0.45	-0.07	-0.48
Non Current Assets Total	0.76	-0.85	0.9	0.63	0.05	0.55	0.87	0.54	0.63	-0.02	0.6	0.55	0.57	0.75	0.09	0.58	0.31		-0.67	0.76	-0.03	-0.8	0.43	0.27	0.61	-0.32
Non Currrent Assets Other	-0.97	0.86	-0.76	-0.76	0.03	-0.37	-0.86	-0.79	-0.89	-0.69	-0.33	-0.92	-0.83	-0.98	-0.66	-0.88	-0.33	-0.67		-0.99	-0.68	0.67	-0.22	-0.69	-0.91	0.86
Net Receivables	0.99	-0.9	0.83	0.77	-0.04	0.44	0.9	0.79	0.9	0.59	0.41	0.87	0.81	0.99	0.59	0.86	0.33	0.76	-0.99		0.58	-0.75	0.29	0.6	0.91	-0.81
Short Term Investments	0.6	-0.34	0.1	0.5	0.1	0.03	0.39	0.4	0.58	0.96	0.04	0.73	0.65	0.61	0.82	0.7	0.19	-0.03	-0.68	0.58		-0.06	0.12	0.62	0.59	-0.89
Property Plant And Equipment Gross	-0.7	0.8	-0.94	-0.32	0.09	-0.22	-0.8	-0.62	-0.78	-0.04	-0.37	-0.39	-0.33	-0.7	-0.01	-0.35	0.09	-0.8	0.67	-0.75	-0.06		-0.13	-0.21	-0.8	0.29
Intangible Assets	0.4	-0.34	0.22	0.51	0.45	0.51	0.48	-0.14	0.28	0.03	0.74	0.25	0.49	0.38	0.09	0.42	0.12	0.43	-0.22	0.29	0.12	-0.13		-0.23	0.16	-0.18
Short Long Term Debt Total	0.54	-0.45	0.34	0.47	0.08	0.03	0.39	0.55	0.43	0.64	-0.07	0.78	0.59	0.56	0.62	0.67	0.45	0.27	-0.69	0.6	0.62	-0.21	-0.23		0.53	-0.69
Non Current Liabilities Total	0.87	-0.85	0.84	0.57	-0.02	0.21	0.86	0.7	0.98	0.54	0.36	0.77	0.66	0.89	0.39	0.7	-0.07	0.61	-0.91	0.91	0.59	-0.8	0.16	0.53		-0.68
Inventory	-0.82	0.55	-0.36	-0.73	0.01	-0.35	-0.6	-0.65	-0.67	-0.92	-0.17	-0.86	-0.81	-0.83	-0.91	-0.86	-0.48	-0.32	0.86	-0.81	-0.89	0.29	-0.18	-0.69	-0.68

Click cells to compare fundamentals

Siriuspoint Account Relationship Matchups

Siriuspoint fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4B	3.5B	10.6B	11.0B	12.9B	13.5B
Other Current Liab	(99.8M)	(95.7M)	(924.6M)	(813.6M)	(2.0B)	(1.9B)
Total Current Liabilities	99.8M	92.7M	924.6M	266.6M	5.1B	5.3B
Total Stockholder Equity	1.4B	1.6B	2.5B	2.1B	2.5B	1.7B
Net Debt	(525.3M)	(411.7M)	(183.1M)	72.7M	(183M)	(173.9M)
Retained Earnings	476.9M	620.5M	665M	262.2M	601M	414.6M
Accounts Payable	99.8M	95.7M	924.6M	1.1B	2.0B	2.1B
Cash	639.4M	526.0M	999.8M	705.3M	1.1B	1.2B
Other Assets	1.2B	1.3B	1.1B	5.4B	6.1B	6.4B
Cash And Short Term Investments	639.4M	526.0M	2.1B	4.3B	969.2M	793.4M
Common Stock Total Equity	10.7M	9.4M	9.4M	9.6M	11.0M	10.6M
Common Stock Shares Outstanding	92.7M	93.0M	150.2M	160.2M	169.6M	124.7M
Liabilities And Stockholders Equity	3.4B	3.5B	10.6B	11.0B	12.9B	13.5B
Other Stockholder Equity	927.7M	933.9M	1.6B	1.6B	1.7B	1.2B
Total Liab	2.0B	2.0B	8.1B	9.0B	10.3B	10.9B
Total Current Assets	1.2B	1.1B	5.3B	5.3B	969.2M	1.3B
Common Stock	9.4M	9.4M	9.6M	16.2M	16.8M	12.4M
Non Current Assets Total	985.7M	1.2B	4.2B	364.1M	5.8B	6.1B
Non Currrent Assets Other	(154.7M)	(69.8M)	(4.2B)	(5.3B)	(5.8B)	(5.5B)
Net Receivables	603.8M	552.1M	3.2B	3.3B	4.3B	4.5B
Intangible Assets	154.7M	68.6M	171.9M	163.8M	152.7M	172.8M
Short Long Term Debt Total	114.1M	114.3M	816.7M	778M	786.2M	407.5M
Non Current Liabilities Total	114.3M	115.3M	912.7M	8.7B	10.3B	10.9B
Inventory	(1.7B)	(2.4B)	(5.0B)	(6.3B)	(3.5B)	(3.7B)
Other Current Assets	1.7B	2.4B	5.0B	4.0B	3.5B	2.6B
Other Liab	1.3B	1.4B	5.2B	5.5B	6.3B	6.7B
Net Tangible Assets	1.4B	1.6B	2.1B	1.7B	2.0B	1.8B
Long Term Debt	114.1M	114.3M	816.7M	778M	786.2M	445.8M
Net Invested Capital	1.5B	1.7B	3.1B	2.7B	3.1B	2.4B
Long Term Investments	985.7M	1.2B	4.1B	5.7B	5.8B	3.5B
Deferred Long Term Liab	6.7M	6M	1.4M	1M	900K	855K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Siriuspoint Stock Analysis

When running Siriuspoint's price analysis, check to measure Siriuspoint's 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 Siriuspoint is operating at the current time. Most of Siriuspoint's value examination focuses on studying past and present price action to predict the probability of Siriuspoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siriuspoint's price. Additionally, you may evaluate how the addition of Siriuspoint to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC