Smart Current Ratio from 2010 to 2024

EM Stock  USD 1.10  0.04  3.51%   
Smart Share Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to drop to 1.78. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.74331614
Current Value
1.78
Quarterly Volatility
0.815034
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smart Share financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smart main balance sheet or income statement drivers, such as Tax Provision of 20 M, Net Interest Income of 118.7 M or Interest Income of 123.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0 or PTB Ratio of 0.32. Smart financial statements analysis is a perfect complement when working with Smart Share Valuation or Volatility modules.
  
This module can also supplement various Smart Share Technical models . Check out the analysis of Smart Share Correlation against competitors.

Latest Smart Share's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Smart Share Global over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Smart Share's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smart Share's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.80 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Smart Current Ratio Regression Statistics

Arithmetic Mean1.37
Geometric Mean1.20
Coefficient Of Variation59.48
Mean Deviation0.69
Median0.85
Standard Deviation0.82
Sample Variance0.66
Range2.3072
R-Value0.74
Mean Square Error0.32
R-Squared0.55
Significance0
Slope0.14
Total Sum of Squares9.30

Smart Current Ratio History

2024 1.78
2023 2.74
2022 2.32
2021 3.16
2020 2.04

About Smart Share Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Smart Share income statement, its balance sheet, and the statement of cash flows. Smart Share investors use historical funamental indicators, such as Smart Share's Current Ratio, to determine how well the company is positioned to perform in the future. Although Smart Share investors may use each financial statement separately, they are all related. The changes in Smart Share's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Smart Share's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Smart Share Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Smart Share. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.74  1.78 

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When determining whether Smart Share Global is a strong investment it is important to analyze Smart Share'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 Smart Share's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports:
Check out the analysis of Smart Share Correlation against competitors.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Smart Share's price analysis, check to measure Smart Share'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 Smart Share is operating at the current time. Most of Smart Share's value examination focuses on studying past and present price action to predict the probability of Smart Share's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart Share's price. Additionally, you may evaluate how the addition of Smart Share to your portfolios can decrease your overall portfolio volatility.
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Is Smart Share'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 Smart Share. If investors know Smart 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 Smart Share listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.05
Revenue Per Share
11.384
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.0001)
Return On Equity
0.0325
The market value of Smart Share Global is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Share's value that differs from its market value or its book value, called intrinsic value, which is Smart Share'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 Smart Share's market value can be influenced by many factors that don't directly affect Smart Share'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 Smart Share's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Share is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Share'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.