Smart Historical Income Statement
| EM Stock | USD 0.64 0.02 3.23% |
Historical analysis of Smart Share income statement accounts such as Interest Income of 123.1 M can show how well Smart Share Global performed in making a profits. Evaluating Smart Share income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Smart Share's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Smart Share Global latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Smart Share Global is a good buy for the upcoming year.
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About Smart Income Statement Analysis
Smart Share Global Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Smart Share shareholders. The income statement also shows Smart investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Smart Share Income Statement Chart
Smart Share Global Income Statement is one of the three primary financial statements used for reporting Smart's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Smart Share Global revenue and expense. Smart Share Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Smart Share's Net Income From Continuing Ops is very stable compared to the past year. As of the 30th of April 2024, EBIT is likely to grow to about 122.1 M, while Depreciation And Amortization is likely to drop about 146.6 M. Add Fundamental
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Smart Share Global generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Smart Share's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Smart Share Global current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Smart Share Global. 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, Smart Share's Net Income From Continuing Ops is very stable compared to the past year. As of the 30th of April 2024, EBIT is likely to grow to about 122.1 M, while Depreciation And Amortization is likely to drop about 146.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 30.4M | 52.0M | 275.3M | 146.6M | Interest Income | 30.6M | 52.4M | 117.2M | 123.1M |
Smart Share income statement Correlations
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Smart Share Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Smart Share
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 Share 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 Share will appreciate offsetting losses from the drop in the long position's value.Moving together with Smart Stock
| 0.77 | BH | Biglari Holdings Earnings Call This Week | PairCorr |
| 0.68 | EAT | Brinker International Earnings Call Today | PairCorr |
Moving against Smart Stock
| 0.65 | DENN | Dennys Corp Financial Report 7th of May 2024 | PairCorr |
| 0.53 | ARKR | Ark Restaurants Corp | PairCorr |
The ability to find closely correlated positions to Smart Share 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 Share 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 Share - 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 Share Global to buy it.
The correlation of Smart Share 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 Share moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smart Share Global 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 Share 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Smart Share Global. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Smart Stock analysis
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.