Spectrum Brands Holdings Stock Current Ratio

SPB Stock  USD 89.01  0.10  0.11%   
Spectrum Brands Holdings fundamentals help investors to digest information that contributes to Spectrum Brands' financial success or failures. It also enables traders to predict the movement of Spectrum Stock. The fundamental analysis module provides a way to measure Spectrum Brands' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Spectrum Brands stock.
The current year's Current Ratio is expected to grow to 61.47.
  
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Spectrum Current Ratio Analysis

Spectrum Brands' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Spectrum Brands Current Ratio

61.47

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Spectrum Brands Current Ratio

    
  2.66 X  
Most of Spectrum Brands' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spectrum Brands Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Spectrum Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Spectrum Brands is extremely important. It helps to project a fair market value of Spectrum Stock properly, considering its historical fundamentals such as Current Ratio. Since Spectrum Brands' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Spectrum Brands' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Spectrum Brands' interrelated accounts and indicators.
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Spectrum Current Ratio Historical Pattern

Today, most investors in Spectrum Brands Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Spectrum Brands' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Spectrum Brands current ratio as a starting point in their analysis.
   Spectrum Brands Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Spectrum Discontinued Operations

Discontinued Operations

2.46 Billion

At present, Spectrum Brands' Discontinued Operations is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Spectrum Brands Holdings has a Current Ratio of 2.66 times. This is 33.67% higher than that of the Household Products sector and 28.5% higher than that of the Consumer Staples industry. The current ratio for all United States stocks is 23.15% lower than that of the firm.

Spectrum Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spectrum Brands' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spectrum Brands could also be used in its relative valuation, which is a method of valuing Spectrum Brands by comparing valuation metrics of similar companies.
Spectrum Brands is currently under evaluation in current ratio category among related companies.

Spectrum Brands ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Spectrum Brands' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Spectrum Brands' managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Spectrum Fundamentals

About Spectrum Brands Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Spectrum Brands Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spectrum Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spectrum Brands Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Current Ratio 58.54  61.47 

Currently Active Assets on Macroaxis

When determining whether Spectrum Brands Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Spectrum Brands' 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 Spectrum Brands Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spectrum Brands Holdings Stock:
Check out Spectrum Brands Piotroski F Score and Spectrum Brands Altman Z Score analysis.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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Is Spectrum Brands' industry 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 Spectrum Brands. If investors know Spectrum 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 Spectrum Brands 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
0.263
Dividend Share
1.68
Earnings Share
(4.42)
Revenue Per Share
76.709
Quarterly Revenue Growth
(0.03)
The market value of Spectrum Brands Holdings is measured differently than its book value, which is the value of Spectrum that is recorded on the company's balance sheet. Investors also form their own opinion of Spectrum Brands' value that differs from its market value or its book value, called intrinsic value, which is Spectrum Brands' 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 Spectrum Brands' market value can be influenced by many factors that don't directly affect Spectrum Brands' 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 Spectrum Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectrum Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectrum Brands' 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.