Standard Net Income vs Cost of Revenue Analysis
SMP Stock | USD 32.10 0.19 0.60% |
Standard financial indicator trend analysis is much more than just breaking down Standard Motor Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standard Motor Products is a good investment. Please check the relationship between Standard Net Income and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Motor Products. 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.
Net Income vs Cost Of Revenue
Net Income vs Cost of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Motor Products Net Income account and Cost of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Standard's Net Income and Cost of Revenue is 0.59. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Standard Motor Products, assuming nothing else is changed. The correlation between historical values of Standard's Net Income and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Standard Motor Products are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Net Income i.e., Standard's Net Income and Cost of Revenue go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Standard Motor Products financial statement analysis. It represents the amount of money remaining after all of Standard Motor Products operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cost Of Revenue
Cost of Revenue is found on Standard Motor Products income statement and represents the costs associated with goods and services Standard provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Standard's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standard Motor Products 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Motor Products. 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, Standard's Tax Provision is relatively stable compared to the past year. As of 04/18/2024, Sales General And Administrative To Revenue is likely to grow to 0.25, while Selling General Administrative is likely to drop slightly above 209.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 376.9M | 382.5M | 388.8M | 255.5M | Total Revenue | 1.3B | 1.4B | 1.4B | 850.7M |
Standard fundamental ratios Correlations
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Standard Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Standard fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 912.7M | 956.5M | 1.2B | 1.3B | 1.3B | 673.1M | |
Short Long Term Debt Total | 85.4M | 32.7M | 159.6M | 280.3M | 245.2M | 257.4M | |
Other Current Liab | 91.5M | 192.4M | 210.8M | 145.2M | 196.8M | 206.6M | |
Total Current Liabilities | 309.5M | 302.6M | 476.4M | 323.1M | 304.3M | 234.6M | |
Total Stockholder Equity | 504.2M | 550.2M | 601.6M | 610.0M | 635.1M | 666.8M | |
Property Plant And Equipment Net | 125.7M | 119.1M | 143.3M | 157.0M | 221.9M | 233.0M | |
Net Debt | 75.0M | 13.2M | 137.9M | 259.2M | 212.7M | 223.3M | |
Retained Earnings | 417.4M | 463.6M | 532.3M | 564.2M | 573.2M | 601.9M | |
Cash | 10.4M | 19.5M | 21.8M | 21.2M | 32.5M | 17.2M | |
Non Current Assets Total | 363.3M | 358.0M | 486.8M | 492.5M | 548.8M | 576.3M | |
Non Currrent Assets Other | 18.8M | 21.8M | 25.4M | 27.5M | 27.8M | 24.8M | |
Cash And Short Term Investments | 10.4M | 19.5M | 21.8M | 21.2M | 32.5M | 17.4M | |
Net Receivables | 135.5M | 198.0M | 180.6M | 167.6M | 160.3M | 141.3M | |
Common Stock Shares Outstanding | 22.8M | 22.8M | 22.6M | 22.1M | 22.2M | 19.3M | |
Liabilities And Stockholders Equity | 912.7M | 956.5M | 1.2B | 1.3B | 1.3B | 673.1M | |
Non Current Liabilities Total | 99.0M | 103.7M | 109.0M | 310.8M | 337.9M | 354.8M | |
Inventory | 387.9M | 365.1M | 491.0M | 548.4M | 525.3M | 273.5M | |
Other Current Assets | 15.6M | 15.9M | 17.8M | 25.2M | 26.1M | 24.8M | |
Other Stockholder Equity | 47.5M | 44.4M | 29.6M | 10.4M | 14.0M | 13.3M | |
Total Liab | 408.5M | 406.3M | 585.3M | 633.9M | 642.2M | 372.4M | |
Property Plant And Equipment Gross | 125.7M | 119.1M | 102.8M | 107.1M | 481.6M | 505.7M | |
Total Current Assets | 549.4M | 598.5M | 711.2M | 762.4M | 744.2M | 458.7M | |
Accumulated Other Comprehensive Income | (8.6M) | (5.7M) | (8.2M) | (12.5M) | (6.0M) | (6.3M) | |
Short Term Debt | 56.9M | 10.1M | 128.4M | 55.0M | 5.0M | 4.8M | |
Accounts Payable | 92.5M | 100.0M | 137.2M | 89.2M | 107.5M | 65.1M | |
Good Will | 77.8M | 77.8M | 131.7M | 132.1M | 134.7M | 141.5M | |
Intangible Assets | 64.9M | 54.0M | 106.2M | 100.5M | 92.3M | 51.7M | |
Other Liab | 70.5M | 81.2M | 77.7M | 85.5M | 98.3M | 67.1M | |
Other Assets | 56.1M | 137.1M | 3K | 59.2M | (10K) | (9.5K) | |
Long Term Debt | 129K | 97K | 21K | 184.6M | 151.2M | 158.7M | |
Treasury Stock | (53.7M) | (55.2M) | (60.7M) | (75.8M) | (68.2M) | (64.8M) | |
Property Plant Equipment | 89.6M | 89.1M | 143.3M | 107.1M | 123.2M | 93.7M | |
Current Deferred Revenue | 35.9M | 88.7M | 68.5M | 33.7M | (5.0M) | (4.8M) | |
Net Tangible Assets | 504.2M | 550.2M | 601.6M | 610.0M | 701.5M | 487.9M | |
Retained Earnings Total Equity | 417.4M | 463.6M | 532.3M | 564.2M | 648.9M | 382.3M | |
Capital Surpluse | 102.7M | 105.1M | 105.4M | 105.6M | 121.5M | 105.7M |
Currently Active Assets on Macroaxis
When determining whether Standard Motor Products 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 Standard 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 Standard Motor Products Stock. Highlighted below are key reports to facilitate an investment decision about Standard Motor Products Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Motor Products. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running Standard's price analysis, check to measure Standard'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 Standard is operating at the current time. Most of Standard's value examination focuses on studying past and present price action to predict the probability of Standard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard's price. Additionally, you may evaluate how the addition of Standard to your portfolios can decrease your overall portfolio volatility.
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Is Standard'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 Standard. If investors know Standard 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 Standard 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 (0.20) | Dividend Share 1.16 | Earnings Share 2.85 | Revenue Per Share 62.547 | Quarterly Revenue Growth (0.06) |
The market value of Standard Motor Products is measured differently than its book value, which is the value of Standard that is recorded on the company's balance sheet. Investors also form their own opinion of Standard's value that differs from its market value or its book value, called intrinsic value, which is Standard'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 Standard's market value can be influenced by many factors that don't directly affect Standard'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 Standard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Standard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standard'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.