What is the debt of SP Plus this year?
SP Plus has a debt level of 333 USD this year.
SP Plus Debt 2024
SP Plus Debt
333 USD
Ticker
SP
ISIN
US78469C1036
WKN
A1W90C
In 2024, SP Plus's total debt was 333 USD, a 0.36% change from the 331.8 USD total debt recorded in the previous year.
SP Plus Aktienanalyse
What does SP Plus do?
SP Plus Corp. is a leading company in the field of parking management and operates approximately 4,200 parking garages and 2.5 million parking spaces in North America. The company was founded in 1929 as Standard Parking and has since become one of the largest providers of parking services, with the goal of simplifying people's lives and work. The company is headquartered in Chicago and employs more than 23,000 employees in the United States and Canada. The business model of SP Plus Corp is based on the leasing and management of parking lots and garages. The company takes over the planning, construction, and renovation of parking facilities, as well as their maintenance and repair. The company primarily works for private and public clients such as shopping centers, office buildings, hotels, airports, and municipalities. SP Plus Corp divides its services into three main categories: Parking Solutions, Transportation Solutions, and Event Logistics. Parking Solutions includes parking management, such as parking lot management for events, rental of parking spaces, placement of employees for parking services, repair work, and the development of parking strategies. Transportation Solutions focuses on traffic management for cities, airports, universities, and government institutions. The company offers park-and-ride solutions, construction of roads and sidewalks, bicycle rentals, and shuttle services for people. Event Logistics is responsible for parking and traffic management at events such as concerts, sports events, trade shows, or promotional events. The company takes care of the traffic concept and the organization of parking operations to ensure maximum efficiency and safety. In addition to its core business, SP Plus Corp also offers additional services. One example is the development and implementation of environmentally friendly strategies for the parking industry. The company also offers a cloud-based technology system that helps customers with parking management, including a mobile app that provides SSL encryption, user profiling, and GPS tracking. Overall, SP Plus Corp is a company with comprehensive expertise in the parking industry, meeting the needs of its customers in terms of parking, traffic, and event management. Answer: SP Plus Corp is a leading company in the field of parking management with headquarters in Chicago. It operates 4,200 parking garages and 2.5 million parking spaces in North America. The company offers services such as parking management for events, transportation solutions, and event logistics. In addition, it provides environmentally friendly strategies and a cloud-based technology system for parking management. SP Plus ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding SP Plus's Debt Structure
SP Plus's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing SP Plus's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to SP Plus’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in SP Plus’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about SP Plus stock
What was the debt of SP Plus compared to the previous year?
The debt of SP Plus has increased by 0.36% compared to the previous year increased.
What are the consequences of high debt for investors in SP Plus?
High debt can pose a risk for investors of SP Plus, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of SP Plus?
Low debt means that SP Plus has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from SP Plus affect the company?
An increase in debt of SP Plus can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of SP Plus affect the company?
A reduction in debt of SP Plus can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of SP Plus?
Some factors that can influence the debt of SP Plus include investments, acquisitions, operating costs, and revenue development.
Why are the debts of SP Plus so important for investors?
The debts of SP Plus are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can SP Plus take to change the debt?
To change the debt, SP Plus can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does SP Plus pay?
Over the past 12 months, SP Plus paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, SP Plus is expected to pay a dividend of 0 USD.
What is the dividend yield of SP Plus?
The current dividend yield of SP Plus is .
When does SP Plus pay dividends?
SP Plus pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of SP Plus?
SP Plus paid dividends every year for the past 0 years.
What is the dividend of SP Plus?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is SP Plus located?
SP Plus is assigned to the 'Industry' sector.
Wann musste ich die Aktien von SP Plus kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of SP Plus from 9/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/28/2024.
When did SP Plus pay the last dividend?
The last dividend was paid out on 9/28/2024.
What was the dividend of SP Plus in the year 2023?
In the year 2023, SP Plus distributed 0 USD as dividends.
In which currency does SP Plus pay out the dividend?
The dividends of SP Plus are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von SP Plus
Our stock analysis for SP Plus Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of SP Plus Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
