SmartRent Interest Expense from 2010 to 2024

SMRT Stock  USD 2.37  0.05  2.16%   
SmartRent Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2010-12-31
Previous Quarter
8.6 M
Current Value
M
Quarterly Volatility
3.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SmartRent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SmartRent main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.7 M, Interest Expense of 9 M or Selling General Administrative of 42.4 M, as well as many exotic indicators such as Price To Sales Ratio of 3.99, Dividend Yield of 0.0 or PTB Ratio of 3.64. SmartRent financial statements analysis is a perfect complement when working with SmartRent Valuation or Volatility modules.
  
This module can also supplement SmartRent's financial leverage analysis and stock options assessment as well as various SmartRent Technical models . Check out the analysis of SmartRent Correlation against competitors.
For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.

Latest SmartRent's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of SmartRent over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. SmartRent's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SmartRent's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

SmartRent Interest Expense Regression Statistics

Arithmetic Mean1,356,200
Geometric Mean0.00
Coefficient Of Variation225.85
Mean Deviation2,062,187
Median0.00
Standard Deviation3,063,037
Sample Variance9.4T
Range9M
R-Value0.66
Mean Square Error5.7T
R-Squared0.44
Significance0.01
Slope453,379
Total Sum of Squares131.4T

SmartRent Interest Expense History

2024M
20238.6 M
20221.9 M
2021249 K
2020559 K

About SmartRent Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SmartRent income statement, its balance sheet, and the statement of cash flows. SmartRent investors use historical funamental indicators, such as SmartRent's Interest Expense, to determine how well the company is positioned to perform in the future. Although SmartRent investors may use each financial statement separately, they are all related. The changes in SmartRent's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SmartRent'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 SmartRent Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SmartRent. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense8.6 MM

Currently Active Assets on Macroaxis

When determining whether SmartRent is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SmartRent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Smartrent Stock. Highlighted below are key reports to facilitate an investment decision about Smartrent Stock:
Check out the analysis of SmartRent Correlation against competitors.
For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running SmartRent's price analysis, check to measure SmartRent'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 SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.
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Is SmartRent'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 SmartRent. If investors know SmartRent 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 SmartRent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.17)
Revenue Per Share
1.18
Quarterly Revenue Growth
0.486
Return On Assets
(0.04)
Return On Equity
(0.1)
The market value of SmartRent is measured differently than its book value, which is the value of SmartRent that is recorded on the company's balance sheet. Investors also form their own opinion of SmartRent's value that differs from its market value or its book value, called intrinsic value, which is SmartRent'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 SmartRent's market value can be influenced by many factors that don't directly affect SmartRent'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 SmartRent's value and its price as these two are different measures arrived at by different means. Investors typically determine if SmartRent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SmartRent'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.