SPX Property Plant And Equipment Net vs Non Current Liabilities Total Analysis

SPXC Stock  USD 176.01  3.46  2.01%   
SPX Corp financial indicator trend analysis is much more than just breaking down SPX Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPX Corp is a good investment. Please check the relationship between SPX Corp Property Plant And Equipment Net and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPX Corp. 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.
For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.

Property Plant And Equipment Net vs Non Current Liabilities Total

Property Plant And Equipment Net vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPX Corp Property Plant And Equipment Net account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SPX Corp's Property Plant And Equipment Net and Non Current Liabilities Total is 0.92. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of SPX Corp, assuming nothing else is changed. The correlation between historical values of SPX Corp's Property Plant And Equipment Net and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of SPX Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant And Equipment Net i.e., SPX Corp's Property Plant And Equipment Net and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Liabilities Total

Most indicators from SPX Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPX Corp 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 SPX Corp. 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.
For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.At present, SPX Corp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 18.57, whereas Discontinued Operations is projected to grow to (21.4 M).
 2021 2022 2023 2024 (projected)
Gross Profit431.8M523.9M670M834.1M
Total Revenue1.2B1.5B1.7B2.8B

SPX Corp fundamental ratios Correlations

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Click cells to compare fundamentals

SPX Corp Account Relationship Matchups

SPX Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.3B2.6B1.9B2.4B3.6B
Short Long Term Debt Total393.5M412.4M246M246.8M558.3M980.7M
Other Current Liab222.6M362.2M230.9M137.9M185.8M336.1M
Total Current Liabilities608.6M584.9M439.5M333.8M401.2M381.1M
Total Stockholder Equity502.4M629.2M1.1B1.1B1.2B1.1B
Property Plant And Equipment Net179.1M189.7M113.3M109.9M140.5M133.5M
Net Debt338.8M344.1M(142.2M)99M458.9M713.8M
Retained Earnings(584.8M)(488.1M)(51.8M)(51.6M)38.3M36.4M
Cash54.7M68.3M388.2M147.8M99.4M94.4M
Non Current Assets Total1.5B1.6B1.7B1.2B1.7B2.2B
Non Currrent Assets Other605.9M616.6M689.3M204.5M168.1M159.7M
Cash And Short Term Investments54.7M68.3M388.2M147.8M99.4M94.4M
Net Receivables329.3M243.3M252.3M287.4M296.4M281.6M
Common Stock Shares Outstanding45.0M45.8M46.5M46.2M46.6M51.4M
Liabilities And Stockholders Equity2.1B2.3B2.6B1.9B2.4B3.6B
Non Current Liabilities Total1.0B1.1B1.1B517.9M843.9M1.6B
Inventory154.9M162M189.8M244M276.7M358.4M
Other Current Assets93.2M212.8M73.1M41.9M37.1M35.2M
Other Stockholder Equity842.4M868.3M890.3M872.8M894.7M939.4M
Total Liab1.6B1.7B1.5B851.7M1.2B1.2B
Property Plant And Equipment Gross179.1M189.7M308.2M311M355.7M399.7M
Total Current Assets632.1M682.6M903.4M721.1M709.6M674.1M
Accumulated Other Comprehensive Income244.3M248.5M263.9M257.5M261.1M274.2M
Short Term Debt143.6M107.4M22.9M14.4M46.5M44.2M
Intangible Assets251.7M305M415.5M401.6M680.8M825.0M
Accounts Payable141.6M102.1M119.6M124.5M118.7M112.8M
Other Liab755.9M779.6M855.4M241.1M277.3M263.4M
Other Assets591.6M622M739.1M190.7M219.3M208.3M
Long Term Debt249.9M304M230.8M243M523.1M864.6M
Treasury Stock(460M)(451.6M)(443.9M)(465.5M)(419.0M)(439.9M)
Property Plant Equipment483.2M504.1M113.3M311M279.9M390.2M
Good Will449.3M499.9M457.3M455.3M704.8M1.0B
Current Deferred Revenue100.8M103.5M44.7M52.8M73.5M69.8M
Net Tangible Assets(198.6M)(175.7M)230.1M222.3M255.6M268.4M
Retained Earnings Total Equity(584.8M)(488.1M)(51.8M)(51.6M)(46.4M)(44.1M)
Long Term Debt Total249.9M304M230.8M243M218.7M207.8M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether SPX Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPX Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spx Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spx Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPX Corp. 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.
For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SPX Corp. If investors know SPX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SPX Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.218
Earnings Share
3.77
Revenue Per Share
41.721
Quarterly Revenue Growth
0.078
Return On Assets
0.074
The market value of SPX Corp is measured differently than its book value, which is the value of SPX that is recorded on the company's balance sheet. Investors also form their own opinion of SPX Corp's value that differs from its market value or its book value, called intrinsic value, which is SPX Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPX Corp's market value can be influenced by many factors that don't directly affect SPX Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPX Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.