SM Energy Total Operating Expenses vs Operating Income Analysis
SM Stock | USD 50.84 0.40 0.79% |
SM Energy financial indicator trend analysis is much more than just breaking down SM Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SM Energy is a good investment. Please check the relationship between SM Energy Total Operating Expenses and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Total Operating Expenses vs Operating Income
Total Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SM Energy Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SM Energy's Total Operating Expenses and Operating Income is -0.01. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of SM Energy Co, assuming nothing else is changed. The correlation between historical values of SM Energy's Total Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of SM Energy Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., SM Energy's Total Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Operating Income
Operating Income is the amount of profit realized from SM Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SM Energy Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from SM Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SM 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 SM Energy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, SM Energy's Tax Provision is very stable compared to the past year. As of the 28th of April 2024, Enterprise Value Over EBITDA is likely to grow to 6.55, while Issuance Of Capital Stock is likely to drop about 3.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 1.3B | 1.2B | 1.3B | 1.3B | EBITDA | 1.9B | 2.6B | 1.6B | 1.7B |
SM Energy fundamental ratios Correlations
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SM Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SM Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.3B | 5.0B | 5.2B | 5.7B | 6.4B | 6.7B | |
Short Long Term Debt Total | 2.7B | 2.2B | 2.1B | 1.6B | 1.6B | 989.4M | |
Other Current Liab | 419.9M | 520.7M | 864.3M | 263.8M | 526.5M | 291.8M | |
Total Current Liabilities | 472.0M | 583.7M | 889.3M | 598.6M | 633.8M | 665.5M | |
Total Stockholder Equity | 2.7B | 2.0B | 2.1B | 3.1B | 3.6B | 3.8B | |
Property Plant And Equipment Net | 6.0B | 4.7B | 4.6B | 4.9B | 5.4B | 5.6B | |
Net Debt | 2.7B | 2.2B | 1.7B | 1.1B | 959.2M | 911.8M | |
Retained Earnings | 967.6M | 200.7M | 234.5M | 1.3B | 2.1B | 2.2B | |
Accounts Payable | 52.1M | 63.0M | 25.1M | 43.9M | 107.3M | 123.0M | |
Non Current Assets Total | 6.0B | 4.8B | 4.6B | 5.0B | 5.5B | 5.7B | |
Non Currrent Assets Other | (103.4M) | 70.9M | 35.0M | (184.8M) | 87.1M | 91.5M | |
Net Receivables | 184.7M | 162.5M | 247.2M | 233.3M | 231.2M | 134.6M | |
Common Stock Shares Outstanding | 112.5M | 113.7M | 123.7M | 124.1M | 119.2M | 73.8M | |
Liabilities And Stockholders Equity | 6.3B | 5.0B | 5.2B | 5.7B | 6.4B | 6.7B | |
Non Current Liabilities Total | 3.1B | 2.4B | 2.3B | 2.0B | 2.1B | 1.4B | |
Other Current Assets | 12.7M | 10.0M | 9.2M | 10.2M | 12.7M | 19.6M | |
Other Stockholder Equity | 1.8B | 1.8B | 1.8B | 1.8B | 1.6B | 1.6B | |
Total Liab | 3.5B | 3.0B | 3.2B | 2.6B | 2.8B | 1.7B | |
Property Plant And Equipment Gross | 6.0B | 4.7B | 4.6B | 4.9B | 12.3B | 12.9B | |
Total Current Assets | 252.6M | 203.7M | 613.2M | 737.2M | 916.4M | 962.3M | |
Accumulated Other Comprehensive Income | (11.3M) | (13.6M) | (12.8M) | (4.0M) | (2.6M) | (2.7M) | |
Short Term Debt | 19.2M | 11.9M | 6.5M | 10.1M | 15.4M | 14.7M | |
Common Stock Total Equity | 1.1M | 1.1M | 1.1M | 1.2M | 1.4M | 760.4K | |
Common Stock | 1.1M | 1.1M | 1.1M | 1.2M | 1.2M | 780.9K | |
Other Liab | 315.3M | 162.2M | 200.4M | 436.2M | 501.6M | 305.4M | |
Other Assets | 46.2M | 4.7K | 44.8M | 96.1M | 110.5M | 101.2M | |
Long Term Debt | 2.7B | 2.2B | 2.1B | 1.6B | 1.6B | 1.3B | |
Property Plant Equipment | 6.0B | 4.7B | 4.6B | 4.9B | 5.6B | 3.5B | |
Inventory | 55.2M | 31.2M | 24.1M | 48.7M | 56.4M | 74.0M | |
Net Tangible Assets | 2.7B | 2.0B | 2.1B | 3.1B | 3.5B | 2.3B | |
Retained Earnings Total Equity | 967.6M | 200.7M | 234.5M | 1.3B | 1.2B | 846.1M | |
Long Term Debt Total | 2.7B | 2.2B | 2.1B | 1.6B | 1.8B | 2.1B | |
Capital Surpluse | 1.8B | 1.8B | 1.8B | 1.8B | 2.0B | 1.2B | |
Deferred Long Term Liab | 192.8M | 22.3M | 35.5M | 282.0M | 253.8M | 322.4M | |
Non Current Liabilities Other | 145.6M | 139.9M | 164.9M | 69.6M | 65.0M | 61.8M |
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When determining whether SM Energy is a strong investment it is important to analyze SM Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SM Energy's future performance. For an informed investment choice regarding SM Energy Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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When running SM Energy's price analysis, check to measure SM Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SM Energy is operating at the current time. Most of SM Energy's value examination focuses on studying past and present price action to predict the probability of SM Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SM Energy's price. Additionally, you may evaluate how the addition of SM Energy to your portfolios can decrease your overall portfolio volatility.
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Is SM Energy's 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 SM Energy. If investors know SM Energy 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 SM Energy 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 0.013 | Dividend Share 0.63 | Earnings Share 6.86 | Revenue Per Share 19.117 | Quarterly Revenue Growth (0.09) |
The market value of SM Energy is measured differently than its book value, which is the value of SM Energy that is recorded on the company's balance sheet. Investors also form their own opinion of SM Energy's value that differs from its market value or its book value, called intrinsic value, which is SM 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 SM Energy's market value can be influenced by many factors that don't directly affect SM 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 SM Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SM Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SM 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.