Steel Partners Holdings Stock Working Capital
SPLPDelisted Stock | USD 37.00 0.00 0.00% |
Steel Partners' fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Steel OTC Stock price.
Steel |
Steel Partners Holdings OTC Stock Working Capital Analysis
Steel Partners' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Steel Partners Working Capital | 625.32 M |
Most of Steel Partners' fundamental indicators, such as Working Capital, 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, Steel Partners Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
CompetitionBased on the company's disclosures, Steel Partners Holdings has a Working Capital of 625.32 M. This is 94.07% higher than that of the Industrial Conglomerates sector and 58.19% lower than that of the Industrials industry. The working capital for all United States stocks is 57.7% higher than that of the company.
Steel Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Steel Partners' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Steel Partners could also be used in its relative valuation, which is a method of valuing Steel Partners by comparing valuation metrics of similar companies.Steel Partners is currently under evaluation in working capital category among its peers.
Steel Fundamentals
Return On Equity | 0.25 | ||||
Return On Asset | 0.0382 | ||||
Profit Margin | 0.13 % | ||||
Operating Margin | 0.13 % | ||||
Current Valuation | 665.37 M | ||||
Shares Outstanding | 19.15 M | ||||
Shares Owned By Insiders | 49.00 % | ||||
Shares Owned By Institutions | 39.84 % | ||||
Number Of Shares Shorted | 14.44 K | ||||
Price To Earning | 26.37 X | ||||
Price To Book | 0.58 X | ||||
Price To Sales | 0.33 X | ||||
Revenue | 2.03 B | ||||
Gross Profit | 778.75 M | ||||
EBITDA | 379.91 M | ||||
Net Income | 271.22 M | ||||
Cash And Equivalents | 201.62 M | ||||
Cash Per Share | 9.26 X | ||||
Total Debt | 174.35 M | ||||
Debt To Equity | 0.66 % | ||||
Current Ratio | 1.26 X | ||||
Book Value Per Share | 59.36 X | ||||
Cash Flow From Operations | 363.28 M | ||||
Short Ratio | 1.58 X | ||||
Earnings Per Share | 11.38 X | ||||
Number Of Employees | 5.2 K | ||||
Beta | 1.01 | ||||
Market Capitalization | 679.85 M | ||||
Total Asset | 3.58 B | ||||
Retained Earnings | 205.97 M | ||||
Working Capital | 625.32 M | ||||
Current Asset | 719.47 M | ||||
Current Liabilities | 321.25 M | ||||
Net Asset | 3.58 B |
About Steel Partners Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Steel Partners Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Steel Partners using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Steel Partners Holdings based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Pair Trading with Steel Partners
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 Steel Partners 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 Steel Partners will appreciate offsetting losses from the drop in the long position's value.Moving against Steel OTC Stock
0.83 | BW | Babcock Wilcox Enter | PairCorr |
0.81 | BE | Bloom Energy Corp | PairCorr |
0.75 | TTI | Tetra Technologies | PairCorr |
0.74 | AL | Air Lease | PairCorr |
0.72 | CW | Curtiss Wright | PairCorr |
The ability to find closely correlated positions to Steel Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steel Partners 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 Steel Partners - 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 Steel Partners Holdings to buy it.
The correlation of Steel Partners 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 Steel Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steel Partners Holdings 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 Steel Partners 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.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Steel OTC Stock
If you are still planning to invest in Steel Partners Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Steel Partners' history and understand the potential risks before investing.
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