Sparx Total Stockholder Equity vs Net Debt Analysis

SPRX Stock

26.32 0.11 0.42%

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

Total Stockholder Equity vs Net Debt

Total Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sparx Technology Total Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sparx Technology's Total Stockholder Equity and Net Debt is 0.71. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of Sparx Technology, assuming nothing else is changed. The correlation between historical values of Sparx Technology's Total Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Sparx Technology are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Stockholder Equity i.e., Sparx Technology's Total Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

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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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

Selling General Administrative is likely to climb to about 2.1 M in 2024, whereas Discontinued Operations is likely to drop (60.4 K) in 2024.

	2010	2022	2023	2024 (projected)
Reconciled Depreciation	1.4K	1.7K	2.0K	1.7K
Total Operating Expenses	3.2M	2.3M	2.1M	2.2M

Reconciled Depreciation Total Operating Expenses

Sparx Technology fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Cash	Non Current Assets Total	Long Term Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock	Net Working Capital	Net Debt	Short Long Term Debt
Other Current Liab		0.64	-0.64	0.77	-0.19	-0.02	0.37	-0.86	-0.41	-0.87	-0.05	0.7	0.71	0.67	0.7	0.67	-0.74	0.37	-0.74	-0.74	0.7	-0.66	0.37	0.7	0.37	0.37
Total Current Liabilities	0.64		-1.0	0.97	-0.42	-0.48	0.54	-0.9	-0.39	-0.89	0.71	0.73	0.72	0.72	0.73	0.72	-0.69	0.54	-0.69	-0.69	0.73	-0.66	0.54	0.73	0.54	0.54
Net Tangible Assets	-0.64	-1.0		-0.97	0.45	0.46	-0.55	0.9	0.37	0.89	-0.71	-0.74	-0.74	-0.73	-0.74	-0.73	0.71	-0.55	0.71	0.71	-0.74	0.67	-0.55	-0.74	-0.55	-0.55
Retained Earnings	0.77	0.97	-0.97		-0.4	-0.33	0.56	-0.96	-0.36	-0.95	0.56	0.81	0.82	0.78	0.82	0.78	-0.77	0.56	-0.77	-0.77	0.82	-0.69	0.56	0.82	0.56	0.56
Accounts Payable	-0.19	-0.42	0.45	-0.4		-0.34	-0.48	0.38	-0.6	0.38	-0.51	-0.73	-0.73	-0.73	-0.73	-0.73	0.79	-0.48	0.79	0.8	-0.73	0.78	-0.48	-0.73	-0.48	-0.48
Net Receivables	-0.02	-0.48	0.46	-0.33	-0.34		0.18	0.18	0.8	0.17	-0.43	0.25	0.25	0.24	0.25	0.24	-0.24	0.18	-0.24	-0.24	0.25	-0.22	0.18	0.25	0.18	0.18
Other Current Assets	0.37	0.54	-0.55	0.56	-0.48	0.18		-0.68	0.13	-0.68	0.58	0.74	0.71	0.84	0.74	0.84	-0.58	1.0	-0.58	-0.61	0.72	-0.78	1.0	0.72	1.0	1.0
Other Stockholder Equity	-0.86	-0.9	0.9	-0.96	0.38	0.18	-0.68		0.34	1.0	-0.44	-0.86	-0.85	-0.86	-0.86	-0.86	0.81	-0.68	0.81	0.81	-0.85	0.79	-0.68	-0.85	-0.68	-0.68
Total Current Assets	-0.41	-0.39	0.37	-0.36	-0.6	0.8	0.13	0.34		0.34	0.01	0.19	0.19	0.18	0.19	0.18	-0.18	0.13	-0.18	-0.18	0.19	-0.16	0.13	0.19	0.13	0.13
Common Stock	-0.87	-0.89	0.89	-0.95	0.38	0.17	-0.68	1.0	0.34		-0.43	-0.86	-0.85	-0.86	-0.86	-0.86	0.81	-0.68	0.81	0.81	-0.85	0.79	-0.68	-0.85	-0.68	-0.68
Property Plant Equipment	-0.05	0.71	-0.71	0.56	-0.51	-0.43	0.58	-0.44	0.01	-0.43		0.44	0.42	0.49	0.44	0.49	-0.33	0.58	-0.33	-0.35	0.43	-0.43	0.58	0.43	0.58	0.58
Total Assets	0.7	0.73	-0.74	0.81	-0.73	0.25	0.74	-0.86	0.19	-0.86	0.44		1.0	0.98	1.0	0.98	-0.96	0.74	-0.95	-0.96	1.0	-0.9	0.74	1.0	0.74	0.74
Total Stockholder Equity	0.71	0.72	-0.74	0.82	-0.73	0.25	0.71	-0.85	0.19	-0.85	0.42	1.0		0.97	1.0	0.97	-0.96	0.71	-0.96	-0.96	1.0	-0.89	0.71	1.0	0.71	0.71
Property Plant And Equipment Net	0.67	0.72	-0.73	0.78	-0.73	0.24	0.84	-0.86	0.18	-0.86	0.49	0.98	0.97		0.98	1.0	-0.93	0.84	-0.93	-0.94	0.98	-0.95	0.84	0.98	0.84	0.84
Cash	0.7	0.73	-0.74	0.82	-0.73	0.25	0.74	-0.86	0.19	-0.86	0.44	1.0	1.0	0.98		0.98	-0.96	0.74	-0.96	-0.96	1.0	-0.9	0.74	1.0	0.74	0.74
Non Current Assets Total	0.67	0.72	-0.73	0.78	-0.73	0.24	0.84	-0.86	0.18	-0.86	0.49	0.98	0.97	1.0	0.98		-0.93	0.84	-0.93	-0.94	0.98	-0.95	0.84	0.98	0.84	0.84
Long Term Debt	-0.74	-0.69	0.71	-0.77	0.79	-0.24	-0.58	0.81	-0.18	0.81	-0.33	-0.96	-0.96	-0.93	-0.96	-0.93		-0.58	1.0	1.0	-0.96	0.92	-0.58	-0.96	-0.58	-0.58
Common Stock Shares Outstanding	0.37	0.54	-0.55	0.56	-0.48	0.18	1.0	-0.68	0.13	-0.68	0.58	0.74	0.71	0.84	0.74	0.84	-0.58		-0.58	-0.61	0.72	-0.78	1.0	0.72	1.0	1.0
Non Current Liabilities Total	-0.74	-0.69	0.71	-0.77	0.79	-0.24	-0.58	0.81	-0.18	0.81	-0.33	-0.95	-0.96	-0.93	-0.96	-0.93	1.0	-0.58		1.0	-0.96	0.92	-0.58	-0.96	-0.58	-0.58
Total Liab	-0.74	-0.69	0.71	-0.77	0.8	-0.24	-0.61	0.81	-0.18	0.81	-0.35	-0.96	-0.96	-0.94	-0.96	-0.94	1.0	-0.61	1.0		-0.96	0.94	-0.61	-0.96	-0.61	-0.61
Net Invested Capital	0.7	0.73	-0.74	0.82	-0.73	0.25	0.72	-0.85	0.19	-0.85	0.43	1.0	1.0	0.98	1.0	0.98	-0.96	0.72	-0.96	-0.96		-0.89	0.72	1.0	0.72	0.72
Property Plant And Equipment Gross	-0.66	-0.66	0.67	-0.69	0.78	-0.22	-0.78	0.79	-0.16	0.79	-0.43	-0.9	-0.89	-0.95	-0.9	-0.95	0.92	-0.78	0.92	0.94	-0.89		-0.78	-0.89	-0.78	-0.78
Capital Stock	0.37	0.54	-0.55	0.56	-0.48	0.18	1.0	-0.68	0.13	-0.68	0.58	0.74	0.71	0.84	0.74	0.84	-0.58	1.0	-0.58	-0.61	0.72	-0.78		0.72	1.0	1.0
Net Working Capital	0.7	0.73	-0.74	0.82	-0.73	0.25	0.72	-0.85	0.19	-0.85	0.43	1.0	1.0	0.98	1.0	0.98	-0.96	0.72	-0.96	-0.96	1.0	-0.89	0.72		0.72	0.72
Net Debt	0.37	0.54	-0.55	0.56	-0.48	0.18	1.0	-0.68	0.13	-0.68	0.58	0.74	0.71	0.84	0.74	0.84	-0.58	1.0	-0.58	-0.61	0.72	-0.78	1.0	0.72		1.0
Short Long Term Debt	0.37	0.54	-0.55	0.56	-0.48	0.18	1.0	-0.68	0.13	-0.68	0.58	0.74	0.71	0.84	0.74	0.84	-0.58	1.0	-0.58	-0.61	0.72	-0.78	1.0	0.72	1.0

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Sparx Total Stockholder Equity vs Net Debt Analysis

Total Stockholder Equity vs Net Debt

Total Stockholder Equity vs Net Debt Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Net Debt

Sparx Technology fundamental ratios Correlations

Sparx Technology Account Relationship Matchups

High Positive Relationship

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Common Stock Shares Outstanding	+ 1.0	Other Current Assets
Capital Stock	+ 1.0	Other Current Assets
Net Debt	+ 1.0	Other Current Assets
Short Long Term Debt	+ 1.0	Other Current Assets
Common Stock	+ 1.0	Other Stockholder Equity
Total Stockholder Equity	+ 1.0	Total Assets

Net Tangible Assets	- 1.0	Total Current Liabilities
Retained Earnings	- 0.97	Net Tangible Assets
Net Working Capital	- 0.96	Total Liab
Net Invested Capital	- 0.96	Total Liab
Net Working Capital	- 0.96	Non Current Liabilities Total
Net Invested Capital	- 0.96	Non Current Liabilities Total