Smart Non Currrent Assets Other vs Accounts Payable Analysis

CREG Stock  USD 1.07  0.01  0.93%   
Smart Powerr financial indicator trend analysis is much more than just breaking down Smart Powerr Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smart Powerr Corp is a good investment. Please check the relationship between Smart Powerr Non Currrent Assets Other and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Smart Powerr Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Non Currrent Assets Other vs Accounts Payable

Non Currrent Assets Other vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart Powerr Corp Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Smart Powerr's Non Currrent Assets Other and Accounts Payable is -0.02. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Smart Powerr Corp, assuming nothing else is changed. The correlation between historical values of Smart Powerr's Non Currrent Assets Other and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Smart Powerr Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Currrent Assets Other i.e., Smart Powerr's Non Currrent Assets Other and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Accounts Payable

An accounting item on the balance sheet that represents Smart Powerr obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Smart Powerr Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Smart Powerr's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smart Powerr Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Smart Powerr Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
The Smart Powerr's current Enterprise Value is estimated to increase to about 29.5 M, while Selling General Administrative is projected to decrease to roughly 758.5 K.
 2020 2021 2023 2024 (projected)
Total Operating Expenses204.0K842.8K736.4K699.6K
Other Operating Expenses204.0K842.8K798.5K758.5K

Smart Powerr fundamental ratios Correlations

0.450.340.53-0.3-0.340.260.39-0.330.460.120.040.090.010.550.45-0.150.380.020.22-0.230.45-0.550.530.270.95
0.450.710.09-0.03-0.170.260.66-0.040.930.280.130.20.06-0.110.75-0.270.76-0.150.18-0.20.75-0.740.570.670.53
0.340.710.230.52-0.7-0.240.70.490.760.59-0.25-0.17-0.59-0.250.76-0.820.89-0.370.46-0.450.76-0.560.540.730.43
0.530.090.23-0.1-0.49-0.040.45-0.130.250.33-0.23-0.21-0.350.640.39-0.080.360.040.32-0.330.39-0.020.080.30.29
-0.3-0.030.52-0.1-0.57-0.510.361.00.140.54-0.4-0.38-0.78-0.40.33-0.750.45-0.420.31-0.280.33-0.010.190.46-0.22
-0.34-0.17-0.7-0.49-0.570.38-0.56-0.53-0.33-0.50.280.230.88-0.21-0.610.78-0.660.5-0.740.73-0.610.18-0.3-0.53-0.28
0.260.26-0.24-0.04-0.510.380.01-0.50.20.03-0.07-0.090.490.280.10.5-0.050.57-0.540.520.1-0.240.12-0.040.23
0.390.660.70.450.36-0.560.010.340.880.69-0.2-0.14-0.470.20.85-0.380.94-0.310.37-0.370.85-0.280.250.980.31
-0.33-0.040.49-0.131.0-0.53-0.50.340.130.53-0.4-0.38-0.76-0.430.3-0.730.43-0.40.28-0.250.30.010.180.44-0.25
0.460.930.760.250.14-0.330.20.880.130.52-0.040.03-0.160.020.85-0.320.91-0.190.23-0.240.85-0.590.460.870.48
0.120.280.590.330.54-0.50.030.690.530.52-0.84-0.8-0.69-0.030.6-0.450.720.19-0.090.10.6-0.110.160.70.09
0.040.13-0.25-0.23-0.40.28-0.07-0.2-0.4-0.04-0.841.00.580.07-0.190.28-0.27-0.540.38-0.4-0.19-0.05-0.04-0.20.06
0.090.2-0.17-0.21-0.380.23-0.09-0.14-0.380.03-0.81.00.540.05-0.140.22-0.2-0.570.42-0.44-0.14-0.09-0.01-0.140.11
0.010.06-0.59-0.35-0.780.880.49-0.47-0.76-0.16-0.690.580.540.02-0.460.78-0.560.34-0.490.47-0.46-0.06-0.11-0.490.05
0.55-0.11-0.250.64-0.4-0.210.280.2-0.430.02-0.030.070.050.020.220.370.00.110.19-0.20.220.04-0.010.030.28
0.450.750.760.390.33-0.610.10.850.30.850.6-0.19-0.14-0.460.22-0.460.91-0.230.41-0.411.0-0.560.530.820.4
-0.15-0.27-0.82-0.08-0.750.780.5-0.38-0.73-0.32-0.450.280.220.780.37-0.46-0.610.52-0.550.52-0.460.33-0.44-0.45-0.28
0.380.760.890.360.45-0.66-0.050.940.430.910.72-0.27-0.2-0.560.00.91-0.61-0.310.41-0.410.91-0.470.430.940.38
0.02-0.15-0.370.04-0.420.50.57-0.31-0.4-0.190.19-0.54-0.570.340.11-0.230.52-0.31-0.830.83-0.23-0.03-0.01-0.36-0.01
0.220.180.460.320.31-0.74-0.540.370.280.23-0.090.380.42-0.490.190.41-0.550.41-0.83-1.00.41-0.130.20.350.17
-0.23-0.2-0.45-0.33-0.280.730.52-0.37-0.25-0.240.1-0.4-0.440.47-0.2-0.410.52-0.410.83-1.0-0.410.14-0.2-0.35-0.17
0.450.750.760.390.33-0.610.10.850.30.850.6-0.19-0.14-0.460.221.0-0.460.91-0.230.41-0.41-0.560.530.820.4
-0.55-0.74-0.56-0.02-0.010.18-0.24-0.280.01-0.59-0.11-0.05-0.09-0.060.04-0.560.33-0.47-0.03-0.130.14-0.56-0.95-0.26-0.66
0.530.570.540.080.19-0.30.120.250.180.460.16-0.04-0.01-0.11-0.010.53-0.440.43-0.010.2-0.20.53-0.950.230.62
0.270.670.730.30.46-0.53-0.040.980.440.870.7-0.2-0.14-0.490.030.82-0.450.94-0.360.35-0.350.82-0.260.230.24
0.950.530.430.29-0.22-0.280.230.31-0.250.480.090.060.110.050.280.4-0.280.38-0.010.17-0.170.4-0.660.620.24
Click cells to compare fundamentals

Smart Powerr Account Relationship Matchups

Smart Powerr fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities76.7M36.3M39.0M23.9M23.9M32.4M
Total Stockholder Equity86.7M78.6M92.2M124.8M109.2M92.4M
Retained Earnings(46.4M)(43.0M)(40.1M)(55.3M)(60.5M)(57.5M)
Accounts Payable5.6M2.2M76.1K77.9K70.1K66.6K
Common Stock Shares Outstanding1.6M2.6M7.1M5.6M7.8M8.2M
Other Stockholder Equity116.7M119.7M3.3M161.5M164.9M173.1M
Total Liab88.3M45.2M45.0M28.5M27.2M25.9M
Common Stock10.3K2.0K3.2K7.0K8.0K7.6K
Total Assets171.5M123.8M137.1M153.3M136.5M151.7M
Net Debt(3.8M)6.2M(82.6M)(133.1M)16.1M16.9M
Cash53.2M16.2M107.8M152.0M32.4K30.8K
Cash And Short Term Investments53.2M16.2M107.8M152.0M32.4K30.8K
Liabilities And Stockholders Equity171.5M123.8M137.1M153.3M136.5M150.9M
Total Current Assets75.9M64.6M108.2M153.1M136.5M143.3M
Other Current Liab13.5M14.1M3.6M4.9M3.4M6.6M
Property Plant And Equipment Net70.1M50.9M28.9M138.3K4.0K3.8K
Non Current Assets Total95.5M59.2M28.9M155.5K4.0K3.8K
Net Receivables48.3M320.9K202.0K1.1M69.0M72.4M
Other Current Assets(1.0)55.4K868.3K224.5K136.4M143.2M
Property Plant And Equipment Gross50.9M28.9M138.3K4.7K5.4K5.1K
Accumulated Other Comprehensive Income9.9M8.4M15.4M18.5M4.9M4.6M
Non Currrent Assets Other16.0K15.7K16.8K17.2K15.5K16.2K
Other Assets25.0M8.3M16.8K17.2K19.8K18.8K
Short Long Term Debt Total49.4M22.4M25.2M19.0M16.1M15.3M
Short Term Debt48.4M20.5M24.9M18.9M16.1M28.1M
Other Liab10.5M7.1M5.6M4.6M5.3M6.0M
Non Current Liabilities Total11.5M9.0M5.9M4.6M3.4M3.2M
Property Plant Equipment70.1M50.9M28.9M138.3K159.0K151.1K
Long Term Debt0.01.0M716.7K306.5K275.9K262.1K
Net Tangible Assets86.7M78.6M92.2M124.8M112.3M108.7M
Retained Earnings Total Equity28.3M(37.7M)(46.4M)(43.0M)(38.7M)(36.8M)
Capital Surpluse111.8M114.5M116.7M119.7M137.7M108.9M
Non Current Liabilities Other10.2M1.0M8.2M5.6M5.1M4.8M

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When determining whether Smart Powerr Corp is a strong investment it is important to analyze Smart Powerr'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 Powerr's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Smart Powerr Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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.