SPAR Historical Balance Sheet

SGRP Stock

USD 2.24 0.03 1.36%

Trend analysis of SPAR Group balance sheet accounts such as Total Stockholder Equity of 15.7 M, Property Plant And Equipment Net of 2.9 M, Net Debt of 13.3 M or Retained Earnings of 11.1 M provides information on SPAR's total assets, liabilities, and equity, which is the actual value of SPAR Group to its prevalent stockholders. By breaking down trends over time using SPAR balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining SPAR Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SPAR Group is a good buy for the upcoming year.

SPAR Inventory

6.78 Million

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPAR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About SPAR Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of SPAR Group at a specified time, usually calculated after every quarter, six months, or one year. SPAR Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SPAR 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 SPAR currently owns. An asset can also be divided into two categories, current and non-current.

SPAR Balance Sheet Chart

At this time, SPAR's Long Term Debt is relatively stable compared to the past year. As of 11/26/2024, Good Will is likely to grow to about 1.9 M, while Total Current Liabilities is likely to drop slightly above 25.2 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

Add Fundamental

Total Assets

Total assets refers to the total amount of SPAR assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SPAR Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on SPAR balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SPAR Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from SPAR's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into SPAR Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 SPAR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	13.5M	20.3M	23.4M	24.5M
Total Assets	89.0M	94.6M	90.3M	48.1M

Short Long Term Debt Total Total Assets

SPAR balance sheet 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	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.73	0.91	0.98	0.85	0.8	0.27	0.74	0.94	0.91	0.87	0.84	0.91	0.99	0.48	-0.02	0.66	0.8	0.99	0.88	0.68	-0.4	0.75	-0.44	0.71	-0.4
Short Long Term Debt Total	0.73		0.62	0.73	0.64	0.61	0.77	0.82	0.68	0.63	0.58	0.65	0.63	0.73	0.33	0.01	0.88	0.51	0.75	0.94	0.97	-0.31	0.83	-0.3	0.45	-0.24
Other Current Liab	0.91	0.62		0.91	0.64	0.72	0.14	0.6	0.87	0.85	0.78	0.81	0.85	0.9	0.33	-0.01	0.51	0.63	0.92	0.81	0.57	-0.3	0.57	-0.35	0.62	-0.36
Total Current Liabilities	0.98	0.73	0.91		0.75	0.78	0.3	0.65	0.97	0.86	0.79	0.86	0.86	0.99	0.42	-0.17	0.66	0.75	0.99	0.88	0.72	-0.37	0.71	-0.39	0.58	-0.47
Total Stockholder Equity	0.85	0.64	0.64	0.75		0.6	0.25	0.79	0.74	0.78	0.81	0.73	0.78	0.8	0.68	0.05	0.54	0.88	0.77	0.73	0.55	-0.57	0.84	-0.59	0.82	-0.39
Property Plant And Equipment Net	0.8	0.61	0.72	0.78	0.6		0.18	0.59	0.82	0.79	0.74	0.58	0.79	0.78	0.23	0.14	0.46	0.48	0.81	0.71	0.54	-0.17	0.48	-0.2	0.45	-0.23
Net Debt	0.27	0.77	0.14	0.3	0.25	0.18		0.4	0.29	0.01	0.05	0.23	0.01	0.34	0.09	0.02	0.65	0.22	0.32	0.54	0.77	-0.06	0.61	-0.03	-0.04	0.01
Retained Earnings	0.74	0.82	0.6	0.65	0.79	0.59	0.4		0.6	0.78	0.8	0.68	0.78	0.66	0.34	0.21	0.71	0.5	0.69	0.85	0.73	-0.3	0.71	-0.33	0.79	-0.13
Accounts Payable	0.94	0.68	0.87	0.97	0.74	0.82	0.29	0.6		0.8	0.77	0.82	0.8	0.96	0.42	-0.13	0.56	0.74	0.96	0.83	0.66	-0.36	0.68	-0.4	0.48	-0.46
Cash	0.91	0.63	0.85	0.86	0.78	0.79	0.01	0.78	0.8		0.88	0.79	1.0	0.84	0.43	-0.01	0.58	0.64	0.87	0.82	0.57	-0.4	0.6	-0.42	0.79	-0.4
Non Current Assets Total	0.87	0.58	0.78	0.79	0.81	0.74	0.05	0.8	0.77	0.88		0.65	0.88	0.79	0.53	0.2	0.42	0.68	0.83	0.74	0.46	-0.46	0.6	-0.53	0.81	-0.31
Non Currrent Assets Other	0.84	0.65	0.81	0.86	0.73	0.58	0.23	0.68	0.82	0.79	0.65		0.79	0.84	0.27	-0.23	0.59	0.63	0.85	0.79	0.67	-0.24	0.62	-0.25	0.66	-0.37
Cash And Short Term Investments	0.91	0.63	0.85	0.86	0.78	0.79	0.01	0.78	0.8	1.0	0.88	0.79		0.84	0.43	-0.01	0.58	0.64	0.87	0.82	0.57	-0.4	0.6	-0.42	0.79	-0.4
Net Receivables	0.99	0.73	0.9	0.99	0.8	0.78	0.34	0.66	0.96	0.84	0.79	0.84	0.84		0.45	-0.07	0.66	0.8	0.99	0.87	0.69	-0.37	0.76	-0.4	0.61	-0.41
Common Stock Shares Outstanding	0.48	0.33	0.33	0.42	0.68	0.23	0.09	0.34	0.42	0.43	0.53	0.27	0.43	0.45		-0.22	0.23	0.85	0.4	0.41	0.27	-0.97	0.73	-0.98	0.38	-0.75
Non Current Liabilities Total	-0.02	0.01	-0.01	-0.17	0.05	0.14	0.02	0.21	-0.13	-0.01	0.2	-0.23	-0.01	-0.07	-0.22		-0.09	-0.17	-0.05	-0.05	-0.22	0.3	-0.12	0.24	0.28	0.76
Other Current Assets	0.66	0.88	0.51	0.66	0.54	0.46	0.65	0.71	0.56	0.58	0.42	0.59	0.58	0.66	0.23	-0.09		0.43	0.66	0.86	0.89	-0.22	0.75	-0.19	0.38	-0.22
Other Stockholder Equity	0.8	0.51	0.63	0.75	0.88	0.48	0.22	0.5	0.74	0.64	0.68	0.63	0.64	0.8	0.85	-0.17	0.43		0.74	0.63	0.46	-0.75	0.85	-0.77	0.59	-0.62
Total Liab	0.99	0.75	0.92	0.99	0.77	0.81	0.32	0.69	0.96	0.87	0.83	0.85	0.87	0.99	0.4	-0.05	0.66	0.74		0.89	0.71	-0.34	0.71	-0.37	0.62	-0.39
Total Current Assets	0.88	0.94	0.81	0.88	0.73	0.71	0.54	0.85	0.83	0.82	0.74	0.79	0.82	0.87	0.41	-0.05	0.86	0.63	0.89		0.9	-0.41	0.83	-0.41	0.57	-0.38
Short Term Debt	0.68	0.97	0.57	0.72	0.55	0.54	0.77	0.73	0.66	0.57	0.46	0.67	0.57	0.69	0.27	-0.22	0.89	0.46	0.71	0.9		-0.27	0.78	-0.24	0.33	-0.35
Intangible Assets	-0.4	-0.31	-0.3	-0.37	-0.57	-0.17	-0.06	-0.3	-0.36	-0.4	-0.46	-0.24	-0.4	-0.37	-0.97	0.3	-0.22	-0.75	-0.34	-0.41	-0.27		-0.68	0.99	-0.29	0.8
Common Stock	0.75	0.83	0.57	0.71	0.84	0.48	0.61	0.71	0.68	0.6	0.6	0.62	0.6	0.76	0.73	-0.12	0.75	0.85	0.71	0.83	0.78	-0.68		-0.66	0.51	-0.52
Other Liab	-0.44	-0.3	-0.35	-0.39	-0.59	-0.2	-0.03	-0.33	-0.4	-0.42	-0.53	-0.25	-0.42	-0.4	-0.98	0.24	-0.19	-0.77	-0.37	-0.41	-0.24	0.99	-0.66		-0.34	0.77
Other Assets	0.71	0.45	0.62	0.58	0.82	0.45	-0.04	0.79	0.48	0.79	0.81	0.66	0.79	0.61	0.38	0.28	0.38	0.59	0.62	0.57	0.33	-0.29	0.51	-0.34		-0.07
Long Term Debt	-0.4	-0.24	-0.36	-0.47	-0.39	-0.23	0.01	-0.13	-0.46	-0.4	-0.31	-0.37	-0.4	-0.41	-0.75	0.76	-0.22	-0.62	-0.39	-0.38	-0.35	0.8	-0.52	0.77	-0.07

Click cells to compare fundamentals

SPAR Account Relationship Matchups

SPAR balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	81.3M	84.0M	89.0M	94.6M	90.3M	48.1M
Short Long Term Debt Total	15.2M	13.2M	13.5M	20.3M	23.4M	24.5M
Other Current Liab	23.1M	29.6M	22.9M	32.1M	15.6M	13.4M
Total Current Liabilities	46.5M	42.9M	50.2M	54.6M	48.6M	25.2M
Total Stockholder Equity	19.0M	22.2M	19.8M	22.4M	28.2M	15.7M
Property Plant And Equipment Net	7.8M	5.7M	4.7M	4.2M	5.2M	2.9M
Net Debt	4.7M	(2.7M)	50K	11.0M	12.6M	13.3M
Retained Earnings	5.8M	9.2M	7.4M	6.7M	10.6M	11.1M
Accounts Payable	11.0M	7.9M	8.9M	10.6M	9.5M	4.9M
Cash	10.5M	16.0M	13.5M	9.3M	10.7M	6.8M
Non Current Assets Total	17.4M	17.5M	17.0M	13.7M	14.2M	11.1M
Non Currrent Assets Other	1.1M	1.6M	1.4M	1.9M	1.7M	968.9K
Cash And Short Term Investments	10.5M	16.0M	13.5M	9.3M	10.7M	6.8M
Net Receivables	51.1M	46.9M	54.2M	63.7M	56.6M	28.5M
Common Stock Shares Outstanding	21.2M	21.2M	21.3M	22.1M	24.5M	20.0M
Liabilities And Stockholders Equity	81.3M	84.0M	89.0M	94.6M	90.3M	48.1M
Non Current Liabilities Total	3.4M	2.5M	1.5M	2.0M	1.5M	2.2M
Other Current Assets	2.4M	3.6M	8.8M	7.9M	8.7M	9.2M
Other Stockholder Equity	16.5M	16.6M	17.1M	20.4M	20.7M	12.7M
Total Liab	50.0M	45.4M	51.7M	56.5M	50.0M	28.0M
Total Current Assets	64.0M	66.5M	72.0M	80.9M	76.1M	79.9M
Short Term Debt	11.8M	10.7M	12.1M	18.3M	21.9M	23.0M
Intangible Assets	2.8M	2.3M	2.3M	2.0M	1.2M	1.1M
Other Assets	3.0M	8.7M	5.8M	5.7M	6.6M	3.3M
Long Term Debt	1.3M	1M	700K	1.4M	1.2M	2.1M
Property Plant Equipment	2.8M	5.7M	4.7M	4.2M	4.9M	2.7M
Current Deferred Revenue	594K	1.8M	3.9M	2.4M	1.9M	1.4M
Good Will	3.8M	3.8M	4.2M	1.7M	1.4M	1.9M
Property Plant And Equipment Gross	7.8M	2.8M	4.7M	4.2M	4.9M	2.7M
Accumulated Other Comprehensive Income	(3.6M)	(3.9M)	(5.0M)	(4.9M)	(3.3M)	(3.2M)
Net Tangible Assets	12.4M	16.1M	13.3M	18.7M	21.5M	15.3M
Noncontrolling Interest In Consolidated Entity	5.9M	8.5M	12.4M	16.5M	18.9M	19.9M
Retained Earnings Total Equity	5.0M	3.4M	5.9M	9.2M	10.6M	11.1M
Capital Surpluse	16.3M	16.3M	16.5M	16.6M	19.1M	17.3M

Pair Trading with SPAR

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SPAR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SPAR will appreciate offsetting losses from the drop in the long position's value.

Moving against SPAR Stock

0.52	OB	Outbrain	Pair Corr
0.48	SST	System1	Pair Corr
0.38	QBCRF	Quebecor	Pair Corr
0.37	TH	Target Hospitality Corp	Pair Corr
0.34	SJ	Scienjoy Holding Corp	Pair Corr

The ability to find closely correlated positions to SPAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPAR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SPAR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SPAR Group to buy it.

The correlation of SPAR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SPAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPAR Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for SPAR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for SPAR Stock Analysis

When running SPAR's price analysis, check to measure SPAR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPAR is operating at the current time. Most of SPAR's value examination focuses on studying past and present price action to predict the probability of SPAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPAR's price. Additionally, you may evaluate how the addition of SPAR to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

SPAR Historical Balance Sheet

SPAR Inventory

6.78 Million

About SPAR Balance Sheet Analysis

SPAR Balance Sheet Chart

Total Assets

Total Current Liabilities

SPAR balance sheet Correlations

SPAR Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SPAR balance sheet Accounts

Pair Trading with SPAR

Moving against SPAR Stock

Additional Tools for SPAR Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Net Receivables

Other Liab	- 0.98	Common Stock Shares Outstanding
Intangible Assets	- 0.97	Common Stock Shares Outstanding
Other Liab	- 0.77	Other Stockholder Equity
Intangible Assets	- 0.75	Other Stockholder Equity
Long Term Debt	- 0.75	Common Stock Shares Outstanding
Common Stock	- 0.68	Intangible Assets