Smart Powerr Corp Stock Cash And Equivalents
| CREG Stock | USD 1.07 0.02 1.90% |
Smart Powerr Corp fundamentals help investors to digest information that contributes to Smart Powerr's financial success or failures. It also enables traders to predict the movement of Smart Stock. The fundamental analysis module provides a way to measure Smart Powerr's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Smart Powerr stock.
Smart | Cash And Equivalents |
Smart Powerr Corp Company Cash And Equivalents Analysis
Smart Powerr's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Smart Powerr Cash And Equivalents | 144.25 M |
Most of Smart Powerr's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Smart Powerr Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Smart Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Smart Powerr is extremely important. It helps to project a fair market value of Smart Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Smart Powerr's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Smart Powerr's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Smart Powerr's interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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Smart Cash And Cash Equivalents Changes
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In accordance with the recently published financial statements, Smart Powerr Corp has 144.25 M in Cash And Equivalents. This is 75.79% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The cash and equivalents for all United States stocks is 94.66% higher than that of the company.
Smart Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Smart Powerr's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Smart Powerr could also be used in its relative valuation, which is a method of valuing Smart Powerr by comparing valuation metrics of similar companies.Smart Powerr is currently under evaluation in cash and equivalents category among related companies.
Smart Fundamentals
| Return On Equity | -0.0068 | |||
| Return On Asset | -0.0036 | |||
| Current Valuation | 24.76 M | |||
| Shares Outstanding | 7.96 M | |||
| Shares Owned By Insiders | 31.07 % | |||
| Shares Owned By Institutions | 0.25 % | |||
| Number Of Shares Shorted | 30.45 K | |||
| Price To Earning | 1.80 X | |||
| Price To Book | 0.1 X | |||
| Price To Sales | 102.50 X | |||
| Gross Profit | 867.43 K | |||
| EBITDA | (736.43 K) | |||
| Net Income | (746.79 K) | |||
| Cash And Equivalents | 144.25 M | |||
| Cash Per Share | 19.60 X | |||
| Total Debt | 16.09 M | |||
| Debt To Equity | 0.14 % | |||
| Current Ratio | 6.70 X | |||
| Book Value Per Share | 13.72 X | |||
| Cash Flow From Operations | (68.1 M) | |||
| Short Ratio | 0.97 X | |||
| Earnings Per Share | (0.10) X | |||
| Target Price | 3.5 | |||
| Number Of Employees | 14 | |||
| Beta | 0.81 | |||
| Market Capitalization | 8.52 M | |||
| Total Asset | 136.47 M | |||
| Retained Earnings | (60.5 M) | |||
| Working Capital | 112.59 M | |||
| Current Asset | 67.25 M | |||
| Current Liabilities | 56.95 M | |||
| Net Asset | 136.47 M |
About Smart Powerr Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Smart Powerr Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Smart Powerr using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Smart Powerr Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Smart Powerr in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Smart Powerr's short interest history, or implied volatility extrapolated from Smart Powerr options trading.
Pair Trading with Smart Powerr
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Smart Powerr position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Smart Powerr will appreciate offsetting losses from the drop in the long position's value.Moving against Smart Stock
| 0.61 | NL | NL Industries | PairCorr |
| 0.58 | BV | BrightView Holdings Financial Report 2nd of May 2024 | PairCorr |
| 0.55 | ABM | ABM Industries rporated Financial Report 4th of June 2024 | PairCorr |
| 0.48 | WHLM | Wilhelmina | PairCorr |
| 0.41 | VSEC | VSE Corporation Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Smart Powerr could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smart Powerr when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Smart Powerr - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Smart Powerr Corp to buy it.
The correlation of Smart Powerr is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smart Powerr moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smart Powerr Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Smart Powerr can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Smart Powerr Piotroski F Score and Smart Powerr Altman Z Score analysis. Note that the Smart Powerr Corp information on this page should be used as a complementary analysis to other Smart Powerr's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Smart Stock analysis
When running Smart Powerr's price analysis, check to measure Smart Powerr'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 Powerr is operating at the current time. Most of Smart Powerr's value examination focuses on studying past and present price action to predict the probability of Smart Powerr'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 Powerr's price. Additionally, you may evaluate how the addition of Smart Powerr to your portfolios can decrease your overall portfolio volatility.
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Is Smart Powerr'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 Powerr. 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 Powerr 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 (0.09) | Earnings Share (0.10) | Revenue Per Share (0) | Return On Assets (0) | Return On Equity (0.01) |
The market value of Smart Powerr Corp 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 Powerr's value that differs from its market value or its book value, called intrinsic value, which is Smart Powerr'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 Powerr's market value can be influenced by many factors that don't directly affect Smart Powerr'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 Powerr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Powerr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Powerr'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.