SmartRent Free Cash Flow Yield vs Ev To Operating Cash Flow Analysis
SMRT Stock | USD 2.44 0.10 4.27% |
SmartRent financial indicator trend analysis is much more than just breaking down SmartRent prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SmartRent is a good investment. Please check the relationship between SmartRent Free Cash Flow Yield and its Ev To Operating Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SmartRent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.
Free Cash Flow Yield vs Ev To Operating Cash Flow
Free Cash Flow Yield vs Ev To Operating Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SmartRent Free Cash Flow Yield account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SmartRent's Free Cash Flow Yield and Ev To Operating Cash Flow is 0.47. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of SmartRent, assuming nothing else is changed. The correlation between historical values of SmartRent's Free Cash Flow Yield and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of SmartRent are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., SmartRent's Free Cash Flow Yield and Ev To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.Most indicators from SmartRent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SmartRent 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 SmartRent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.At this time, SmartRent's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 42.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 61.6M | 105.6M | 92.7M | 140.0M | Cost Of Revenue | 120.7M | 166.5M | 187.3M | 347.8M |
SmartRent fundamental ratios Correlations
Click cells to compare fundamentals
SmartRent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SmartRent fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 921K | 10.4M | 193.9M | 195.6M | 200.7M | 101.9M | |
Total Assets | 47.5M | 103.8M | 579.7M | 560.8M | 509.8M | 427.8M | |
Short Long Term Debt Total | 153.3M | 17.3M | 4.8M | 1.3M | 1.2M | 1.1M | |
Other Current Liab | 12.0M | 9.6M | 5.0M | 34.4M | 5.8M | 5.5M | |
Total Current Liabilities | 21.3M | 32.8M | 70.6M | 132.8M | 117.3M | 86.1M | |
Total Stockholder Equity | 1.8M | 33.2M | 449.5M | 364.2M | 342.4M | 201.5M | |
Property Plant And Equipment Net | 2.1M | 1.8M | 1.9M | 2.1M | 4.0M | 3.8M | |
Net Debt | (4.2M) | (33.8M) | (430.8M) | (210.4M) | (213.9M) | (203.2M) | |
Retained Earnings | (45.5M) | (82.6M) | (154.6M) | (250.9M) | (285.5M) | (271.2M) | |
Accounts Payable | 1.7M | 2.3M | 6.1M | 18.4M | 15.1M | 28.9M | |
Cash | 21.4M | 38.6M | 430.8M | 210.4M | 215.2M | 147.1M | |
Non Current Assets Total | 7.3M | 16.2M | 43.7M | 182.5M | 169.4M | 116.1M | |
Non Currrent Assets Other | 5.1M | 10.3M | 29.1M | 32.0M | 1.8M | 1.7M | |
Cash And Short Term Investments | 21.4M | 38.6M | 430.8M | 210.4M | 215.2M | 147.1M | |
Common Stock Total Equity | 484K | 863.0 | 19K | 20K | 18K | 17.1K | |
Liabilities And Stockholders Equity | 47.5M | 103.8M | 579.7M | 560.8M | 509.8M | 427.8M | |
Non Current Liabilities Total | 24.4M | 37.8M | 59.6M | 63.9M | 50.0M | 78.4M | |
Inventory | 6.3M | 17.6M | 33.2M | 75.7M | 41.6M | 80.1M | |
Other Current Assets | 5.6M | 564K | 17.4M | 9.2M | 2.2M | 2.1M | |
Other Stockholder Equity | 1.1M | 4.2M | 24.4M | 54.4M | 118.4M | 91.6M | |
Total Liab | 45.7M | 70.7M | 130.2M | 196.6M | 167.3M | 164.5M | |
Property Plant And Equipment Gross | 458.2M | 2.1M | 5.6M | 7.7M | 6.4M | 6.1M | |
Total Current Assets | 40.2M | 87.7M | 536.0M | 378.4M | 340.3M | 311.6M | |
Accumulated Other Comprehensive Income | (275.9M) | 235K | 9K | (176K) | (216K) | (226.8K) | |
Common Stock | 484K | 863.0 | 19K | 20K | 18K | 17.1K |
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 World Market Map to better understand how to build diversified portfolios, which includes a position in SmartRent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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.