Spirax Retained Earnings vs Total Liab Analysis

SPX Stock   7,160  260.00  3.77%   
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 Total Liab 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 Total Liab

Retained Earnings vs Total Liab 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 Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Spirax Sarco's Retained Earnings and Total Liab is 0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab 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 Total Liab 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 Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., Spirax Sarco's Retained Earnings and Total Liab go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Expense8.5M15.5M51.2M53.8M
Depreciation And Amortization69M78.5M97M101.9M

Spirax Sarco fundamental ratios Correlations

0.980.920.950.980.970.950.980.210.971.0-0.110.960.720.690.980.990.72-0.280.990.880.990.850.730.720.95
0.980.860.930.920.940.990.930.130.940.98-0.130.930.70.680.990.960.71-0.420.990.890.950.850.70.670.91
0.920.860.90.920.850.830.90.150.890.92-0.210.860.580.520.870.90.6-0.030.90.710.910.810.580.810.89
0.950.930.90.930.910.90.930.30.930.94-0.210.930.60.560.890.950.76-0.20.950.770.960.960.60.780.83
0.980.920.920.930.970.881.00.260.960.97-0.080.960.730.690.930.980.72-0.20.950.860.990.810.730.710.93
0.970.940.850.910.970.910.970.270.940.96-0.020.940.810.790.940.990.73-0.340.950.950.970.790.820.560.91
0.950.990.830.90.880.910.890.120.880.96-0.070.870.670.660.980.930.71-0.460.980.880.910.830.680.640.88
0.980.930.90.931.00.970.890.230.970.97-0.080.970.730.70.930.980.74-0.270.950.880.990.80.740.680.92
0.210.130.150.30.260.270.120.230.170.180.130.210.320.290.110.290.360.350.170.160.270.310.320.150.11
0.970.940.890.930.960.940.880.970.170.95-0.31.00.70.660.930.950.65-0.280.950.850.980.840.710.690.9
1.00.980.920.940.970.960.960.970.180.95-0.090.950.710.670.990.980.73-0.311.00.880.980.840.710.730.95
-0.11-0.13-0.21-0.21-0.08-0.02-0.07-0.080.13-0.3-0.09-0.290.040.06-0.09-0.060.23-0.14-0.130.04-0.15-0.340.04-0.25-0.1
0.960.930.860.930.960.940.870.970.211.00.95-0.290.710.680.920.940.66-0.290.940.850.980.840.710.670.89
0.720.70.580.60.730.810.670.730.320.70.710.040.710.990.730.750.44-0.310.70.860.740.451.00.230.77
0.690.680.520.560.690.790.660.70.290.660.670.060.680.990.70.720.43-0.380.670.860.70.420.990.150.72
0.980.990.870.890.930.940.980.930.110.930.99-0.090.920.730.70.960.67-0.380.990.890.950.790.730.670.95
0.990.960.90.950.980.990.930.980.290.950.98-0.060.940.750.720.960.75-0.280.980.910.990.850.760.660.92
0.720.710.60.760.720.730.710.740.360.650.730.230.660.440.430.670.75-0.330.710.620.710.720.440.590.52
-0.28-0.42-0.03-0.2-0.2-0.34-0.46-0.270.35-0.28-0.31-0.14-0.29-0.31-0.38-0.38-0.28-0.33-0.33-0.55-0.23-0.19-0.310.18-0.18
0.990.990.90.950.950.950.980.950.170.951.0-0.130.940.70.670.990.980.71-0.330.880.970.860.710.720.94
0.880.890.710.770.860.950.880.880.160.850.880.040.850.860.860.890.910.62-0.550.880.870.650.860.310.83
0.990.950.910.960.990.970.910.990.270.980.98-0.150.980.740.70.950.990.71-0.230.970.870.860.740.710.93
0.850.850.810.960.810.790.830.80.310.840.84-0.340.840.450.420.790.850.72-0.190.860.650.860.460.740.69
0.730.70.580.60.730.820.680.740.320.710.710.040.711.00.990.730.760.44-0.310.710.860.740.460.230.77
0.720.670.810.780.710.560.640.680.150.690.73-0.250.670.230.150.670.660.590.180.720.310.710.740.230.68
0.950.910.890.830.930.910.880.920.110.90.95-0.10.890.770.720.950.920.52-0.180.940.830.930.690.770.68
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Spirax Sarco Account Relationship Matchups

Spirax Sarco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.7B1.9B2.8B2.7B2.8B
Short Long Term Debt Total664.7M509.1M465.2M1.1B1.1B1.2B
Other Current Liab138.4M108.9M137.3M184.5M148.6M156.0M
Total Current Liabilities412.7M228M381.7M637.5M454M476.7M
Total Stockholder Equity825.3M851.3M1.0B1.2B1.2B1.2B
Property Plant And Equipment Net292M297.6M340.3M451.7M513.5M539.2M
Net Debt334.1M262.9M190.6M755.6M763.4M801.6M
Retained Earnings735.1M782.8M961.1M1.1B1.1B1.2B
Accounts Payable57.9M45.6M67.8M89.9M79.2M42.3M
Cash330.6M246.2M274.6M328.9M359.7M377.7M
Non Current Assets Total1.1B1.0B1.1B1.7B1.7B1.8B
Non Currrent Assets Other6.2M(416.8M)1.4M7.1M6.8M7.1M
Cash And Short Term Investments330.6M246.2M274.6M328.9M359.7M377.7M
Liabilities And Stockholders Equity1.9B1.7B1.9B2.8B2.7B2.8B
Non Current Liabilities Total617.4M661.1M471.5M977.6M1.1B1.2B
Inventory185.9M180.1M201.3M290M285.2M299.5M
Other Current Assets12.6M37.1M52.3M81.8M63.1M37.1M
Other Stockholder Equity74.5M78M67M66.6M16.8M16.0M
Total Liab1.0B889.1M853.2M1.6B1.6B1.6B
Property Plant And Equipment Gross292M297.6M340.3M451.7M824.9M866.1M
Total Current Assets800.9M692.5M803.7M1.1B1.0B1.1B
Short Term Debt207.7M33.1M126.4M302.1M165M173.3M
Accumulated Other Comprehensive Income(4.1M)(29.3M)(38.9M)15.6M(57.3M)(60.2M)
Intangible Assets721.6M699M666.9M1.2B448.8M239.7M
Other Liab160.4M185.1M132.7M195.2M224.5M235.7M
Long Term Debt429.2M452.2M289.9M731.3M875.9M919.7M
Net Receivables271.8M229.1M275.5M352.8M316.8M185.2M
Good Will417.7M422.4M411.2M703.3M680.5M714.5M
Property Plant Equipment292M297.6M340.3M451.7M519.5M545.4M
Current Deferred Revenue8.7M11.8M17.1M20.6M32.9M34.5M
Other Assets49.6M61.8M52.3M76.1M87.5M48.3M
Net Tangible Assets111.6M161.8M342.1M(34.6M)(31.1M)(29.6M)
Deferred Long Term Liab6.4M7.9M9.5M10.7M12.3M8.6M
Short Long Term Debt34.5M22.8M115.2M288M150.5M105.8M

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Other Information on Investing in Spirax Stock

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.