SP New Energy (PHS:SPNEC) Change In Working Capital: ₱405 Mil (TTM As of Sep. 2024)

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PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.40
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What is SP New Energy Change In Working Capital?

SP New Energy PHS:SPNEC -1.41% 33 Change In Working Capital is ₱405 Mil as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

SP New Energy's change in working capital for the quarter that ended in Sep. 2024 was ₱307 Mil.

SP New Energy's change in working capital for the fiscal year that ended in Dec. 2023 was ₱-255 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

SP New Energy Change In Working Capital Related Terms

SP New Energy Change In Working Capital Historical Data

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The historical data trend for SP New Energy's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SP New Energy Change In Working Capital Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Change In Working Capital
Get a 7-Day Free Trial -0.04 0.51 -0.12 -13.74 -255.37

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -135.65 41.54 25.50 31.40 306.68
PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New Energy Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱405 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Change In Working Capital of ₱405 Mil mean?
SP New Energy (PHS:SPNEC) has a Change In Working Capital of ₱405 Mil as of Sep. 2024. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for SP New Energy.
Is SP New Energy's Change In Working Capital too high?
SP New Energy's current Change In Working Capital is ₱405 Mil. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Change In Working Capital compare to CEG?
SP New Energy's Change In Working Capital of ₱405 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for an Utilities - Independent Power Producers company?
A good Change In Working Capital depends on the Utilities - Independent Power Producers industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for SP New Energy. SP New Energy's current Change In Working Capital is ₱405 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Change In Working Capital of ₱405 Mil. The current Change In Working Capital is ₱405 Mil. SP New Energy's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For SP New Energy (PHS:SPNEC), the current Change In Working Capital is ₱405 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

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Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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