SmartRent Operating Margin vs Return on Investment Analysis

SMRT Stock  USD 2.36  0.10  4.07%   
Trend analysis of SmartRent balance sheet accounts such as Total Current Liabilities of 86.1 M, Total Stockholder Equity of 201.5 M, Property Plant And Equipment Net of 3.8 M or Accounts Payable of 28.9 M provides information on SmartRent's total assets, liabilities, and equity, which is the actual value of SmartRent to its prevalent stockholders. By breaking down trends over time using SmartRent balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About SmartRent Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of SmartRent at a specified time, usually calculated after every quarter, six months, or one year. SmartRent Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SmartRent and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which SmartRent currently owns. An asset can also be divided into two categories, current and non-current.

SmartRent Balance Sheet Chart

SmartRent Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how SmartRent uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, SmartRent's Accounts Payable is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 540.6 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 4.1 M in 2024.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of SmartRent assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SmartRent books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Expenses61.6M105.6M92.7M140.0M
Cost Of Revenue120.7M166.5M187.3M347.8M

SmartRent fundamental ratios Correlations

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0.570.030.350.640.460.37-0.07-0.140.430.330.750.660.330.010.470.460.490.480.54-0.480.930.010.220.420.29
-0.710.030.850.71-0.790.880.90.90.85-0.780.420.35-0.781.00.820.840.830.810.790.7-0.191.0-0.93-0.75-0.89
-0.490.350.850.92-0.60.950.840.770.96-0.660.70.61-0.660.820.910.930.860.870.930.340.080.82-0.76-0.63-0.73
-0.220.640.710.92-0.370.930.720.560.95-0.50.90.66-0.50.680.940.950.870.950.980.060.350.68-0.55-0.42-0.52
0.980.46-0.79-0.6-0.37-0.64-0.9-0.82-0.60.96-0.080.030.96-0.78-0.56-0.58-0.44-0.54-0.49-0.630.67-0.780.930.980.97
-0.530.370.880.950.93-0.640.880.810.99-0.680.680.58-0.680.860.980.990.930.960.970.30.110.86-0.8-0.65-0.77
-0.8-0.070.90.840.72-0.90.880.850.85-0.940.480.29-0.940.880.820.840.710.820.80.5-0.360.88-0.92-0.92-0.94
-0.81-0.140.90.770.56-0.820.810.850.75-0.740.160.42-0.740.890.740.730.780.670.670.59-0.270.89-0.94-0.78-0.91
-0.480.430.850.960.95-0.60.990.850.75-0.660.740.58-0.660.820.980.990.910.970.990.240.160.82-0.76-0.61-0.73
0.880.33-0.78-0.66-0.50.96-0.68-0.94-0.74-0.66-0.3-0.011.0-0.77-0.61-0.65-0.45-0.63-0.58-0.550.62-0.770.870.990.93
0.110.750.420.70.9-0.080.680.480.160.74-0.30.53-0.30.390.730.750.60.780.81-0.170.450.39-0.2-0.18-0.19
0.080.660.350.610.660.030.580.290.420.58-0.010.53-0.010.320.640.620.760.530.65-0.190.590.32-0.24-0.03-0.18
0.880.33-0.78-0.66-0.50.96-0.68-0.94-0.74-0.661.0-0.3-0.01-0.77-0.61-0.65-0.45-0.63-0.58-0.550.62-0.770.870.990.93
-0.710.011.00.820.68-0.780.860.880.890.82-0.770.390.32-0.770.790.810.810.790.760.73-0.211.0-0.93-0.74-0.89
-0.440.470.820.910.94-0.560.980.820.740.98-0.610.730.64-0.610.791.00.940.980.990.160.220.79-0.73-0.57-0.69
-0.460.460.840.930.95-0.580.990.840.730.99-0.650.750.62-0.650.811.00.930.980.990.20.190.81-0.74-0.6-0.71
-0.360.490.830.860.87-0.440.930.710.780.91-0.450.60.76-0.450.810.940.930.890.920.260.330.81-0.7-0.43-0.63
-0.40.480.810.870.95-0.540.960.820.670.97-0.630.780.53-0.630.790.980.980.890.980.180.20.79-0.69-0.56-0.66
-0.360.540.790.930.98-0.490.970.80.670.99-0.580.810.65-0.580.760.990.990.920.980.140.270.76-0.67-0.52-0.63
-0.64-0.480.70.340.06-0.630.30.50.590.24-0.55-0.17-0.19-0.550.730.160.20.260.180.14-0.560.73-0.68-0.55-0.65
0.710.93-0.190.080.350.670.11-0.36-0.270.160.620.450.590.62-0.210.220.190.330.20.27-0.56-0.210.410.670.51
-0.710.011.00.820.68-0.780.860.880.890.82-0.770.390.32-0.771.00.790.810.810.790.760.73-0.21-0.93-0.74-0.89
0.910.22-0.93-0.76-0.550.93-0.8-0.92-0.94-0.760.87-0.2-0.240.87-0.93-0.73-0.74-0.7-0.69-0.67-0.680.41-0.930.890.99
0.930.42-0.75-0.63-0.420.98-0.65-0.92-0.78-0.610.99-0.18-0.030.99-0.74-0.57-0.6-0.43-0.56-0.52-0.550.67-0.740.890.95
0.940.29-0.89-0.73-0.520.97-0.77-0.94-0.91-0.730.93-0.19-0.180.93-0.89-0.69-0.71-0.63-0.66-0.63-0.650.51-0.890.990.95
Click cells to compare fundamentals

SmartRent Account Relationship Matchups

SmartRent fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding921K10.4M193.9M195.6M200.7M101.9M
Total Assets47.5M103.8M579.7M560.8M509.8M427.8M
Other Current Liab19.6M9.6M5.0M34.4M5.8M5.5M
Total Current Liabilities21.3M32.8M70.6M132.8M117.3M86.1M
Total Stockholder Equity1.8M33.2M449.5M364.2M342.4M201.5M
Property Plant And Equipment Net2.1M1.8M1.9M2.1M4.0M3.8M
Net Debt(21.4M)(33.8M)(430.8M)(210.4M)(215.2M)(204.5M)
Retained Earnings(45.5M)(82.6M)(154.6M)(250.9M)(285.5M)(271.2M)
Accounts Payable1.7M2.3M6.1M18.4M15.1M28.9M
Cash21.4M38.6M430.8M210.4M215.2M147.1M
Non Current Assets Total2.1M16.2M43.7M182.5M169.4M115.3M
Non Currrent Assets Other(2.1M)10.3M29.1M32.0M1.8M1.7M
Cash And Short Term Investments21.4M38.6M430.8M210.4M215.2M147.1M
Common Stock Total Equity484K863.019K20K18K17.1K
Liabilities And Stockholders Equity765.5M103.8M579.7M560.8M509.8M540.6M
Non Current Liabilities Total9.6M37.8M59.6M63.9M50.0M76.7M
Inventory6.3M17.6M33.2M75.7M41.6M80.1M
Other Current Assets5.6M564K17.4M9.2M2.2M2.1M
Other Stockholder Equity1.1M4.2M24.4M54.4M118.4M91.6M
Total Liab45.7M70.7M130.2M196.6M167.3M164.5M
Property Plant And Equipment Gross458.2M2.1M5.6M7.7M6.4M6.1M
Total Current Assets40.2M87.7M536.0M378.4M340.3M311.6M
Accumulated Other Comprehensive Income(275.9M)235K9K(176K)(216K)(226.8K)
Common Stock484K863.019K20K18K17.1K
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 SmartRent 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, SmartRent's short interest history, or implied volatility extrapolated from SmartRent options trading.

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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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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.