Spirax Retained Earnings vs Common Stock Shares Outstanding Analysis

SPX Stock

6,920 130.00 1.91%

Spirax Sarco financial indicator trend analysis is much more than just breaking down Spirax Sarco Enginee prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spirax Sarco Enginee is a good investment. Please check the relationship between Spirax Sarco Retained Earnings and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirax Sarco Engineering PLC. 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.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spirax Sarco Enginee Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.

The correlation between Spirax Sarco's Retained Earnings and Common Stock Shares Outstanding is 0.7. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Spirax Sarco Engineering PLC, assuming nothing else is changed. The correlation between historical values of Spirax Sarco's Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Spirax Sarco Engineering PLC are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Spirax Sarco's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Spirax Sarco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spirax Sarco Enginee 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 Spirax Sarco Engineering PLC. 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.

The current year's Tax Provision is expected to grow to about 74.4 M, whereas Selling General Administrative is forecasted to decline to about 277.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	8.5M	15.5M	51.2M	53.8M
Depreciation And Amortization	69M	78.5M	97M	101.9M

Interest Expense Depreciation And Amortization

Spirax Sarco 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Other Liab
Total Assets		0.98	0.92	0.95	0.98	0.97	0.95	0.98	0.21	0.97	1.0	-0.11	0.96	0.72	0.69	0.98	0.99	0.72	-0.36	0.99	0.88	0.99	0.85	0.73	0.72	0.95
Short Long Term Debt Total	0.98		0.86	0.93	0.92	0.94	0.99	0.93	0.13	0.94	0.98	-0.13	0.93	0.7	0.68	0.99	0.96	0.71	-0.49	0.99	0.89	0.95	0.85	0.7	0.67	0.91
Other Current Liab	0.92	0.86		0.9	0.92	0.85	0.83	0.9	0.15	0.89	0.92	-0.21	0.86	0.58	0.52	0.87	0.9	0.6	-0.11	0.9	0.71	0.91	0.81	0.58	0.81	0.89
Total Current Liabilities	0.95	0.93	0.9		0.93	0.91	0.9	0.93	0.3	0.93	0.94	-0.21	0.93	0.6	0.56	0.89	0.95	0.76	-0.26	0.95	0.77	0.96	0.96	0.6	0.78	0.83
Total Stockholder Equity	0.98	0.92	0.92	0.93		0.97	0.88	1.0	0.26	0.96	0.97	-0.08	0.96	0.73	0.69	0.93	0.98	0.72	-0.28	0.95	0.86	0.99	0.81	0.73	0.71	0.93
Property Plant And Equipment Net	0.97	0.94	0.85	0.91	0.97		0.91	0.97	0.27	0.94	0.96	-0.02	0.94	0.81	0.79	0.94	0.99	0.73	-0.43	0.95	0.95	0.97	0.79	0.82	0.56	0.91
Net Debt	0.95	0.99	0.83	0.9	0.88	0.91		0.89	0.12	0.88	0.96	-0.07	0.87	0.67	0.66	0.98	0.93	0.71	-0.53	0.98	0.88	0.91	0.83	0.68	0.64	0.88
Retained Earnings	0.98	0.93	0.9	0.93	1.0	0.97	0.89		0.23	0.97	0.97	-0.08	0.97	0.73	0.7	0.93	0.98	0.74	-0.34	0.95	0.88	0.99	0.8	0.74	0.68	0.92
Accounts Payable	0.21	0.13	0.15	0.3	0.26	0.27	0.12	0.23		0.17	0.18	0.13	0.21	0.32	0.29	0.11	0.29	0.36	0.29	0.17	0.16	0.27	0.31	0.32	0.15	0.11
Cash	0.97	0.94	0.89	0.93	0.96	0.94	0.88	0.97	0.17		0.95	-0.3	1.0	0.7	0.66	0.93	0.95	0.65	-0.36	0.95	0.85	0.98	0.84	0.71	0.69	0.9
Non Current Assets Total	1.0	0.98	0.92	0.94	0.97	0.96	0.96	0.97	0.18	0.95		-0.09	0.95	0.71	0.67	0.99	0.98	0.73	-0.38	1.0	0.88	0.98	0.84	0.71	0.73	0.95
Non Currrent Assets Other	-0.11	-0.13	-0.21	-0.21	-0.08	-0.02	-0.07	-0.08	0.13	-0.3	-0.09		-0.29	0.04	0.06	-0.09	-0.06	0.23	-0.14	-0.13	0.04	-0.15	-0.34	0.04	-0.25	-0.1
Cash And Short Term Investments	0.96	0.93	0.86	0.93	0.96	0.94	0.87	0.97	0.21	1.0	0.95	-0.29		0.71	0.68	0.92	0.94	0.66	-0.36	0.94	0.85	0.98	0.84	0.71	0.67	0.89
Common Stock Total Equity	0.72	0.7	0.58	0.6	0.73	0.81	0.67	0.73	0.32	0.7	0.71	0.04	0.71		0.99	0.73	0.75	0.44	-0.41	0.7	0.86	0.74	0.45	1.0	0.23	0.77
Common Stock Shares Outstanding	0.69	0.68	0.52	0.56	0.69	0.79	0.66	0.7	0.29	0.66	0.67	0.06	0.68	0.99		0.7	0.72	0.43	-0.48	0.67	0.86	0.7	0.42	0.99	0.15	0.72
Non Current Liabilities Total	0.98	0.99	0.87	0.89	0.93	0.94	0.98	0.93	0.11	0.93	0.99	-0.09	0.92	0.73	0.7		0.96	0.67	-0.46	0.99	0.89	0.95	0.79	0.73	0.67	0.95
Inventory	0.99	0.96	0.9	0.95	0.98	0.99	0.93	0.98	0.29	0.95	0.98	-0.06	0.94	0.75	0.72	0.96		0.75	-0.36	0.98	0.91	0.99	0.85	0.76	0.66	0.92
Other Current Assets	0.72	0.71	0.6	0.76	0.72	0.73	0.71	0.74	0.36	0.65	0.73	0.23	0.66	0.44	0.43	0.67	0.75		-0.36	0.71	0.62	0.71	0.72	0.44	0.59	0.52
Other Stockholder Equity	-0.36	-0.49	-0.11	-0.26	-0.28	-0.43	-0.53	-0.34	0.29	-0.36	-0.38	-0.14	-0.36	-0.41	-0.48	-0.46	-0.36	-0.36		-0.4	-0.64	-0.31	-0.24	-0.42	0.16	-0.27
Total Liab	0.99	0.99	0.9	0.95	0.95	0.95	0.98	0.95	0.17	0.95	1.0	-0.13	0.94	0.7	0.67	0.99	0.98	0.71	-0.4		0.88	0.97	0.86	0.71	0.72	0.94
Property Plant And Equipment Gross	0.88	0.89	0.71	0.77	0.86	0.95	0.88	0.88	0.16	0.85	0.88	0.04	0.85	0.86	0.86	0.89	0.91	0.62	-0.64	0.88		0.87	0.65	0.86	0.31	0.83
Total Current Assets	0.99	0.95	0.91	0.96	0.99	0.97	0.91	0.99	0.27	0.98	0.98	-0.15	0.98	0.74	0.7	0.95	0.99	0.71	-0.31	0.97	0.87		0.86	0.74	0.71	0.93
Short Term Debt	0.85	0.85	0.81	0.96	0.81	0.79	0.83	0.8	0.31	0.84	0.84	-0.34	0.84	0.45	0.42	0.79	0.85	0.72	-0.24	0.86	0.65	0.86		0.46	0.74	0.69
Common Stock	0.73	0.7	0.58	0.6	0.73	0.82	0.68	0.74	0.32	0.71	0.71	0.04	0.71	1.0	0.99	0.73	0.76	0.44	-0.42	0.71	0.86	0.74	0.46		0.23	0.77
Intangible Assets	0.72	0.67	0.81	0.78	0.71	0.56	0.64	0.68	0.15	0.69	0.73	-0.25	0.67	0.23	0.15	0.67	0.66	0.59	0.16	0.72	0.31	0.71	0.74	0.23		0.68
Other Liab	0.95	0.91	0.89	0.83	0.93	0.91	0.88	0.92	0.11	0.9	0.95	-0.1	0.89	0.77	0.72	0.95	0.92	0.52	-0.27	0.94	0.83	0.93	0.69	0.77	0.68

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Spirax Sarco Account Relationship Matchups

Spirax Sarco fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	1.7B	1.9B	2.8B	2.7B	2.8B
Short Long Term Debt Total	664.7M	509.1M	465.2M	1.1B	1.1B	1.2B
Other Current Liab	138.4M	108.9M	137.3M	184.5M	148.6M	156.0M
Total Current Liabilities	412.7M	228M	381.7M	637.5M	454M	476.7M
Total Stockholder Equity	825.3M	851.3M	1.0B	1.2B	1.2B	1.2B
Property Plant And Equipment Net	292M	297.6M	340.3M	451.7M	513.5M	539.2M
Net Debt	334.1M	262.9M	190.6M	755.6M	763.4M	801.6M
Retained Earnings	735.1M	782.8M	961.1M	1.1B	1.1B	1.2B
Accounts Payable	57.9M	45.6M	67.8M	89.9M	79.2M	42.3M
Cash	330.6M	246.2M	274.6M	328.9M	359.7M	377.7M
Non Current Assets Total	1.1B	1.0B	1.1B	1.7B	1.7B	1.8B
Non Currrent Assets Other	6.2M	(416.8M)	1.4M	7.1M	6.8M	7.1M
Cash And Short Term Investments	330.6M	246.2M	274.6M	328.9M	359.7M	377.7M
Liabilities And Stockholders Equity	1.9B	1.7B	1.9B	2.8B	2.7B	2.8B
Non Current Liabilities Total	617.4M	661.1M	471.5M	977.6M	1.1B	1.2B
Inventory	185.9M	180.1M	201.3M	290M	285.2M	299.5M
Other Current Assets	12.6M	37.1M	52.3M	81.8M	63.1M	37.1M
Other Stockholder Equity	74.5M	78M	67M	66.6M	800K	760K
Total Liab	1.0B	889.1M	853.2M	1.6B	1.6B	1.6B
Property Plant And Equipment Gross	292M	297.6M	340.3M	451.7M	824.9M	866.1M
Total Current Assets	800.9M	692.5M	803.7M	1.1B	1.0B	1.1B
Short Term Debt	207.7M	33.1M	126.4M	302.1M	165M	173.3M
Accumulated Other Comprehensive Income	(4.1M)	(29.3M)	(38.9M)	15.6M	(57.3M)	(60.2M)
Intangible Assets	721.6M	699M	666.9M	1.2B	448.8M	239.7M
Other Liab	160.4M	185.1M	132.7M	195.2M	224.5M	235.7M
Long Term Debt	429.2M	452.2M	289.9M	731.3M	875.9M	919.7M
Net Receivables	271.8M	229.1M	275.5M	352.8M	316.8M	185.2M
Good Will	417.7M	422.4M	411.2M	703.3M	680.5M	714.5M
Property Plant Equipment	292M	297.6M	340.3M	451.7M	519.5M	545.4M
Current Deferred Revenue	8.7M	11.8M	17.1M	20.6M	32.9M	34.5M
Other Assets	49.6M	61.8M	52.3M	76.1M	87.5M	48.3M
Net Tangible Assets	111.6M	161.8M	342.1M	(34.6M)	(31.1M)	(29.6M)
Deferred Long Term Liab	6.4M	7.9M	9.5M	10.7M	12.3M	8.6M
Short Long Term Debt	34.5M	22.8M	115.2M	288M	150.5M	105.8M

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Balance Sheet is a snapshot of the financial position of Spirax Sarco Enginee at a specified time, usually calculated after every quarter, six months, or one year. Spirax Sarco Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spirax Sarco and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Spirax currently owns. An asset can also be divided into two categories, current and non-current.

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Spirax Retained Earnings vs Common Stock Shares Outstanding Analysis

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Retained Earnings

Common Stock Shares Outstanding

Spirax Sarco fundamental ratios Correlations

Spirax Sarco Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spirax Sarco fundamental ratios Accounts

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Other Information on Investing in Spirax Stock

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Common Stock Total Equity
Inventory	+ 0.99	Total Assets

Property Plant And Equipment Gross	- 0.64	Other Stockholder Equity
Other Stockholder Equity	- 0.53	Net Debt
Other Stockholder Equity	- 0.49	Short Long Term Debt Total
Other Stockholder Equity	- 0.48	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.46	Non Current Liabilities Total
Other Stockholder Equity	- 0.43	Property Plant And Equipment Net