Spirit Net Borrowings vs Stock Based Compensation Analysis

ST1 Stock

0.06 0.01 12.73%

Spirit Telecom financial indicator trend analysis is much more than just breaking down Spirit Telecom prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spirit Telecom is a good investment. Please check the relationship between Spirit Telecom Net Borrowings and its Stock Based Compensation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirit Telecom. 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.

Net Borrowings vs Stock Based Compensation

Net Borrowings vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spirit Telecom Net Borrowings account and Stock Based Compensation. At this time, the significance of the direction appears to have weak relationship.

The correlation between Spirit Telecom's Net Borrowings and Stock Based Compensation is 0.3. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Spirit Telecom, assuming nothing else is changed. The correlation between historical values of Spirit Telecom's Net Borrowings and Stock Based Compensation 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 Borrowings of Spirit Telecom are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Borrowings i.e., Spirit Telecom's Net Borrowings and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Spirit Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spirit Telecom 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 Spirit Telecom. 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.

At this time, Spirit Telecom's Discontinued Operations is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 23.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.2 M in 2024.

Spirit Telecom fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	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	Other Liab
Common Stock Shares Outstanding		0.95	0.95	0.9	0.96	0.88	0.33	0.95	0.85	-0.75	0.97	0.92	0.94	0.92	0.96	0.81	0.96	0.87	0.96	-0.75	0.97	0.6	0.98	0.85	0.95	0.97
Total Assets	0.95		0.89	0.97	0.98	0.97	0.42	0.92	0.79	-0.66	0.96	0.91	1.0	0.91	0.97	0.81	0.94	0.87	0.95	-0.88	0.98	0.71	0.98	0.78	0.96	0.96
Short Long Term Debt Total	0.95	0.89		0.81	0.92	0.77	0.09	0.92	0.97	-0.85	0.97	0.77	0.87	0.77	0.95	0.74	0.99	0.74	0.97	-0.6	0.96	0.38	0.92	0.93	0.94	0.97
Other Current Liab	0.9	0.97	0.81		0.98	0.95	0.37	0.92	0.68	-0.63	0.92	0.92	0.97	0.92	0.94	0.77	0.88	0.91	0.91	-0.9	0.94	0.71	0.96	0.65	0.93	0.9
Total Current Liabilities	0.96	0.98	0.92	0.98		0.92	0.28	0.96	0.82	-0.75	0.98	0.91	0.97	0.91	0.99	0.8	0.96	0.89	0.98	-0.83	0.99	0.61	0.99	0.78	0.98	0.97
Total Stockholder Equity	0.88	0.97	0.77	0.95	0.92		0.6	0.83	0.64	-0.49	0.87	0.89	0.98	0.89	0.89	0.79	0.84	0.85	0.85	-0.95	0.9	0.84	0.91	0.67	0.89	0.88
Property Plant And Equipment Net	0.33	0.42	0.09	0.37	0.28	0.6		0.17	-0.05	0.27	0.22	0.47	0.45	0.47	0.24	0.4	0.18	0.35	0.15	-0.63	0.24	0.85	0.3	0.11	0.24	0.25
Current Deferred Revenue	0.95	0.92	0.92	0.92	0.96	0.83	0.17		0.84	-0.77	0.97	0.88	0.9	0.88	0.97	0.75	0.94	0.83	0.97	-0.69	0.96	0.45	0.97	0.73	0.93	0.93
Net Debt	0.85	0.79	0.97	0.68	0.82	0.64	-0.05	0.84		-0.86	0.9	0.61	0.77	0.61	0.87	0.65	0.94	0.58	0.91	-0.46	0.89	0.21	0.82	0.93	0.86	0.91
Retained Earnings	-0.75	-0.66	-0.85	-0.63	-0.75	-0.49	0.27	-0.77	-0.86		-0.8	-0.59	-0.63	-0.59	-0.78	-0.72	-0.81	-0.66	-0.83	0.38	-0.78	-0.11	-0.75	-0.8	-0.83	-0.81
Accounts Payable	0.97	0.96	0.97	0.92	0.98	0.87	0.22	0.97	0.9	-0.8		0.86	0.95	0.86	1.0	0.81	0.99	0.82	0.99	-0.74	0.99	0.51	0.98	0.84	0.98	0.98
Cash	0.92	0.91	0.77	0.92	0.91	0.89	0.47	0.88	0.61	-0.59	0.86		0.89	1.0	0.87	0.78	0.82	0.94	0.85	-0.82	0.88	0.73	0.94	0.63	0.87	0.84
Non Current Assets Total	0.94	1.0	0.87	0.97	0.97	0.98	0.45	0.9	0.77	-0.63	0.95	0.89		0.89	0.96	0.81	0.93	0.86	0.94	-0.9	0.97	0.73	0.96	0.77	0.95	0.95
Cash And Short Term Investments	0.92	0.91	0.77	0.92	0.91	0.89	0.47	0.88	0.61	-0.59	0.86	1.0	0.89		0.87	0.78	0.82	0.94	0.85	-0.82	0.88	0.73	0.94	0.63	0.87	0.84
Net Receivables	0.96	0.97	0.95	0.94	0.99	0.89	0.24	0.97	0.87	-0.78	1.0	0.87	0.96	0.87		0.8	0.98	0.83	0.99	-0.77	1.0	0.54	0.99	0.81	0.98	0.97
Common Stock Total Equity	0.81	0.81	0.74	0.77	0.8	0.79	0.4	0.75	0.65	-0.72	0.81	0.78	0.81	0.78	0.8		0.77	0.75	0.78	-0.72	0.8	0.59	0.82	0.69	0.88	0.81
Non Current Liabilities Total	0.96	0.94	0.99	0.88	0.96	0.84	0.18	0.94	0.94	-0.81	0.99	0.82	0.93	0.82	0.98	0.77		0.78	0.99	-0.7	0.99	0.48	0.96	0.9	0.96	0.99
Inventory	0.87	0.87	0.74	0.91	0.89	0.85	0.35	0.83	0.58	-0.66	0.82	0.94	0.86	0.94	0.83	0.75	0.78		0.83	-0.82	0.85	0.72	0.9	0.64	0.87	0.84
Other Current Assets	0.96	0.95	0.97	0.91	0.98	0.85	0.15	0.97	0.91	-0.83	0.99	0.85	0.94	0.85	0.99	0.78	0.99	0.83		-0.71	0.99	0.48	0.98	0.85	0.98	0.98
Other Stockholder Equity	-0.75	-0.88	-0.6	-0.9	-0.83	-0.95	-0.63	-0.69	-0.46	0.38	-0.74	-0.82	-0.9	-0.82	-0.77	-0.72	-0.7	-0.82	-0.71		-0.78	-0.91	-0.81	-0.54	-0.8	-0.76
Total Liab	0.97	0.98	0.96	0.94	0.99	0.9	0.24	0.96	0.89	-0.78	0.99	0.88	0.97	0.88	1.0	0.8	0.99	0.85	0.99	-0.78		0.56	0.99	0.84	0.98	0.99
Property Plant And Equipment Gross	0.6	0.71	0.38	0.71	0.61	0.84	0.85	0.45	0.21	-0.11	0.51	0.73	0.73	0.73	0.54	0.59	0.48	0.72	0.48	-0.91	0.56		0.61	0.39	0.58	0.56
Total Current Assets	0.98	0.98	0.92	0.96	0.99	0.91	0.3	0.97	0.82	-0.75	0.98	0.94	0.96	0.94	0.99	0.82	0.96	0.9	0.98	-0.81	0.99	0.61		0.79	0.97	0.96
Short Term Debt	0.85	0.78	0.93	0.65	0.78	0.67	0.11	0.73	0.93	-0.8	0.84	0.63	0.77	0.63	0.81	0.69	0.9	0.64	0.85	-0.54	0.84	0.39	0.79		0.84	0.9
Common Stock	0.95	0.96	0.94	0.93	0.98	0.89	0.24	0.93	0.86	-0.83	0.98	0.87	0.95	0.87	0.98	0.88	0.96	0.87	0.98	-0.8	0.98	0.58	0.97	0.84		0.98
Other Liab	0.97	0.96	0.97	0.9	0.97	0.88	0.25	0.93	0.91	-0.81	0.98	0.84	0.95	0.84	0.97	0.81	0.99	0.84	0.98	-0.76	0.99	0.56	0.96	0.9	0.98

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Spirit Telecom Account Relationship Matchups

Spirit Telecom fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	357.1M	554.7M	657.6M	682.6M	895.7M	940.5M
Total Assets	55.1M	177.3M	123.5M	119.2M	171.4M	180.0M
Short Long Term Debt Total	4.9M	14.0M	16.0M	29.4M	38.8M	40.8M
Other Current Liab	5.3M	27.2M	25.5M	13.0M	23.1M	24.3M
Total Current Liabilities	10.2M	43.0M	43.2M	33.3M	52.4M	55.0M
Total Stockholder Equity	38.1M	109.7M	59.4M	53.1M	73.0M	76.7M
Property Plant And Equipment Net	15.4M	17.8M	4.0M	5.4M	3.6M	3.7M
Current Deferred Revenue	1.8M	3.7M	6.0M	3.1M	7.9M	8.2M
Net Debt	(1.5M)	5.5M	4.3M	22.4M	30.0M	31.4M
Retained Earnings	(5.4M)	(4.2M)	(57.3M)	(68.7M)	(77.2M)	(73.3M)
Accounts Payable	4.0M	9.4M	9.5M	9.9M	16.3M	17.1M
Cash	6.4M	8.5M	11.7M	7.0M	8.9M	9.3M
Non Current Assets Total	42.5M	149.2M	90.4M	93.6M	132.8M	139.5M
Cash And Short Term Investments	6.4M	8.5M	11.7M	7.0M	8.9M	9.3M
Net Receivables	4.6M	12.9M	12.4M	11.0M	19.7M	20.7M
Liabilities And Stockholders Equity	55.1M	177.3M	123.5M	119.2M	171.4M	180.0M
Non Current Liabilities Total	6.8M	24.7M	20.9M	32.8M	46.0M	48.3M
Inventory	948.8K	2.6M	4.3M	2.8M	2.3M	2.4M
Other Current Assets	599.5K	4.1M	4.8M	4.8M	7.7M	8.1M
Other Stockholder Equity	(37.5M)	(108.5M)	(57.6M)	(50.7M)	(45.7M)	(43.4M)
Total Liab	17.0M	67.6M	64.1M	66.0M	98.4M	103.3M
Property Plant And Equipment Gross	15.4M	30.8M	15.6M	16.4M	10.1M	5.7M
Total Current Assets	12.6M	28.1M	33.2M	25.6M	38.6M	40.5M
Accumulated Other Comprehensive Income	567.1K	1.2M	1.8M	2.4M	568K	811.2K
Short Term Debt	835.6K	2.0M	1.1M	6.8M	5.1M	5.4M
Common Stock	42.9M	112.7M	114.9M	119.4M	149.7M	157.2M
Other Liab	2.7M	7.5M	6.5M	10.1M	11.6M	12.2M
Non Currrent Assets Other	(879.1K)	(24.0M)	(103.9M)	(63.4M)	2.5M	2.6M
Long Term Debt	3.3M	10M	13M	20M	31.9M	33.5M
Good Will	10.6M	24.0M	105.2M	63.4M	92.8M	97.5M
Intangible Assets	25.4M	124.6M	78.9M	77.6M	23.3M	21.6M
Property Plant Equipment	15.4M	17.8M	4.0M	5.4M	6.2M	3.9M
Other Assets	879.1K	1.7M	1.0	7.5M	5.1M	0.95
Net Tangible Assets	12.7M	(9.7M)	(19.4M)	(24.5M)	(22.0M)	(20.9M)
Long Term Debt Total	4.1M	12.0M	14.4M	22.7M	26.1M	27.4M

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