SPI Property Plant And Equipment Gross vs Accounts Payable Analysis

SPI Stock  USD 0.31  0.01  3.13%   
SPI Energy financial indicator trend analysis is much more than just breaking down SPI Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPI Energy is a good investment. Please check the relationship between SPI Energy Property Plant And Equipment Gross and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPI Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Property Plant And Equipment Gross vs Accounts Payable

Property Plant And Equipment Gross vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPI Energy Property Plant And Equipment Gross account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between SPI Energy's Property Plant And Equipment Gross and Accounts Payable is 0.72. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of SPI Energy Co, assuming nothing else is changed. The correlation between historical values of SPI Energy's Property Plant And Equipment Gross and Accounts Payable 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 Gross of SPI Energy Co are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Gross i.e., SPI Energy's Property Plant And Equipment Gross and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Gross

Accounts Payable

An accounting item on the balance sheet that represents SPI Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SPI Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from SPI Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPI Energy 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 SPI Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
As of now, SPI Energy's Issuance Of Capital Stock is increasing as compared to previous years. The SPI Energy's current Enterprise Value is estimated to increase to about 158.7 M, while Selling General Administrative is projected to decrease to under 23.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.1M7.2M8.9M5.4M
Depreciation And Amortization9.0M6.7M7.7M8.1M

SPI Energy fundamental ratios Correlations

0.860.680.430.890.720.69-0.080.260.880.93-0.160.850.650.860.64-0.070.890.750.720.430.690.310.80.840.82
0.860.220.810.840.30.27-0.010.390.990.68-0.240.980.850.870.85-0.350.920.920.630.140.460.390.660.710.97
0.680.22-0.310.480.930.91-0.18-0.090.260.810.080.220.030.370.00.380.390.150.480.660.660.030.530.550.2
0.430.81-0.310.56-0.29-0.320.030.340.770.2-0.160.830.680.640.69-0.460.650.860.41-0.210.140.350.20.410.85
0.890.840.480.560.540.52-0.230.10.870.87-0.120.880.510.850.660.030.750.790.860.250.670.190.720.720.82
0.720.30.93-0.290.541.0-0.29-0.110.360.840.030.280.140.410.20.370.420.160.490.610.64-0.090.70.50.24
0.690.270.91-0.320.521.0-0.28-0.120.330.820.030.250.130.40.20.370.390.120.450.580.62-0.120.730.490.2
-0.08-0.01-0.180.03-0.23-0.29-0.280.87-0.03-0.26-0.4-0.090.27-0.01-0.07-0.780.17-0.09-0.43-0.43-0.460.87-0.030.16-0.08
0.260.39-0.090.340.1-0.11-0.120.870.380.0-0.510.310.610.370.32-0.920.550.3-0.21-0.42-0.260.90.230.420.31
0.880.990.260.770.870.360.33-0.030.380.71-0.250.980.840.90.85-0.320.930.90.650.150.490.370.720.740.95
0.930.680.810.20.870.840.82-0.260.00.71-0.080.690.40.70.480.230.670.560.820.60.760.110.780.70.64
-0.16-0.240.08-0.16-0.120.030.03-0.4-0.51-0.25-0.08-0.15-0.48-0.09-0.170.5-0.23-0.02-0.1-0.020.12-0.4-0.17-0.12-0.11
0.850.980.220.830.880.280.25-0.090.310.980.69-0.150.760.880.81-0.270.890.950.690.130.50.340.60.70.99
0.650.850.030.680.510.140.130.270.610.840.4-0.480.760.710.77-0.620.850.670.260.070.180.490.610.60.75
0.860.870.370.640.850.410.4-0.010.370.90.7-0.090.880.710.67-0.260.90.880.60.120.580.310.690.880.82
0.640.850.00.690.660.20.2-0.070.320.850.48-0.170.810.770.67-0.330.720.710.41-0.010.260.230.710.450.8
-0.07-0.350.38-0.460.030.370.37-0.78-0.92-0.320.230.5-0.27-0.62-0.26-0.33-0.45-0.280.340.60.42-0.76-0.07-0.25-0.27
0.890.920.390.650.750.420.390.170.550.930.67-0.230.890.850.90.72-0.450.850.440.130.460.520.680.850.88
0.750.920.150.860.790.160.12-0.090.30.90.56-0.020.950.670.880.71-0.280.850.60.040.480.320.430.690.96
0.720.630.480.410.860.490.45-0.43-0.210.650.82-0.10.690.260.60.410.340.440.60.50.69-0.060.490.50.64
0.430.140.66-0.210.250.610.58-0.43-0.420.150.6-0.020.130.070.12-0.010.60.130.040.50.6-0.290.310.220.14
0.690.460.660.140.670.640.62-0.46-0.260.490.760.120.50.180.580.260.420.460.480.690.6-0.180.490.710.47
0.310.390.030.350.19-0.09-0.120.870.90.370.11-0.40.340.490.310.23-0.760.520.32-0.06-0.29-0.180.180.430.36
0.80.660.530.20.720.70.73-0.030.230.720.78-0.170.60.610.690.71-0.070.680.430.490.310.490.180.640.53
0.840.710.550.410.720.50.490.160.420.740.7-0.120.70.60.880.45-0.250.850.690.50.220.710.430.640.65
0.820.970.20.850.820.240.2-0.080.310.950.64-0.110.990.750.820.8-0.270.880.960.640.140.470.360.530.65
Click cells to compare fundamentals

SPI Energy Account Relationship Matchups

SPI Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets178.9M217.0M228.1M231.1M265.8M226.6M
Total Current Liabilities170.0M151.6M173.8M189.7M218.2M169.8M
Total Stockholder Equity(8.2M)45.3M22.4M12.2M11.0M10.4M
Net Debt64.0M27.7M74.6M71.7M82.4M60.5M
Accounts Payable19.7M15.0M25.6M30.4M35.0M35.6M
Cash2.8M38.9M9.8M3.5M4.1M3.9M
Cash And Short Term Investments2.8M38.9M9.8M3.5M4.1M3.9M
Common Stock Shares Outstanding12.7M15.9M24.2M26.5M30.5M32.0M
Liabilities And Stockholders Equity178.9M217.0M228.1M231.1M265.8M226.6M
Other Stockholder Equity612.7M670.1M695.1M719.7M827.7M869.0M
Total Liab184.3M168.6M202.1M213.2M245.2M191.9M
Total Current Assets56.5M79.3M84.1M82.0M94.2M118.4M
Short Long Term Debt Total67.0M66.5M84.4M75.2M86.5M88.4M
Other Current Liab73.5M77.2M78.7M87.1M100.2M61.1M
Property Plant And Equipment Net33.8M39.4M49.7M55.7M64.1M50.3M
Current Deferred Revenue17.6M1.4M4.9M9.1M10.5M9.8M
Retained Earnings(585.4M)(591.9M)(637.4M)(670.8M)(603.7M)(573.5M)
Non Current Assets Total122.4M137.7M144.0M149.1M171.5M114.6M
Non Currrent Assets Other16.8M20.0M16.2M15.9M18.2M28.5M
Net Receivables19.1M19.3M26.3M25.7M29.6M54.8M
Inventory13.8M17.3M23.2M29.0M33.3M35.0M
Other Current Assets17.8M3.8M24.8M23.7M27.3M21.1M
Property Plant And Equipment Gross33.8M39.4M63.3M67.2M77.3M45.1M
Accumulated Other Comprehensive Income(35.5M)(32.9M)(35.3M)(36.7M)(33.0M)(31.4M)
Short Term Debt59.2M54.2M59.1M54.3M62.5M70.0M
Other Assets16.8M20.1M16.4M16.3M18.8M22.5M
Long Term Debt6.0M6.4M12.8M6.6M7.6M14.0M
Non Current Liabilities Total14.3M17.1M28.3M23.5M27.1M24.9M
Intangible Assets1.5M4.1M3.4M2.6M3.0M2.1M
Property Plant Equipment33.8M39.4M49.7M55.7M64.1M47.7M
Other Liab5.0M4.5M3.0M2.7M2.4M4.5M
Net Tangible Assets(10.3M)36.7M14.1M4.7M4.2M4.0M
Short Long Term Debt58.8M53.6M57.7M52.7M47.5M63.8M

Currently Active Assets on Macroaxis

When determining whether SPI Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPI Energy'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 Spi Energy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spi Energy Co Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPI Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Semiconductors & Semiconductor Equipment 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 SPI Energy. If investors know SPI 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 SPI Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.96)
Revenue Per Share
7.228
Quarterly Revenue Growth
0.307
Return On Assets
(0.04)
Return On Equity
(1.25)
The market value of SPI Energy is measured differently than its book value, which is the value of SPI that is recorded on the company's balance sheet. Investors also form their own opinion of SPI Energy's value that differs from its market value or its book value, called intrinsic value, which is SPI Energy'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 SPI Energy's market value can be influenced by many factors that don't directly affect SPI Energy'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 SPI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPI Energy'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.