SmartRent Receivables Turnover vs Operating Margin Analysis

SMRT Stock

USD 2.29 0.07 2.97%

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 Receivables Turnover and its Operating Profit Margin 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.

Receivables Turnover vs Operating Profit Margin

Receivables Turnover vs Operating Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SmartRent Receivables Turnover account and Operating Margin. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between SmartRent's Receivables Turnover and Operating Margin is -0.33. Overlapping area represents the amount of variation of Receivables Turnover that can explain the historical movement of Operating Margin in the same time period over historical financial statements of SmartRent, assuming nothing else is changed. The correlation between historical values of SmartRent's Receivables Turnover and Operating Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Receivables Turnover of SmartRent are associated (or correlated) with its Operating Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Margin has no effect on the direction of Receivables Turnover i.e., SmartRent's Receivables Turnover and Operating Margin go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Receivables Turnover

Operating Profit Margin

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

Total Operating Expenses Cost Of Revenue

SmartRent fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets	Other Assets
Common Stock Shares Outstanding		0.57	-0.57	-0.47	-0.22	0.98	-0.53	-0.81	-0.81	-0.48	0.88	0.11	0.03	0.88	-0.71	-0.46	-0.46	-0.36	-0.4	-0.36	-0.64	0.71	-0.71	0.91	0.93	0.94
Total Assets	0.57		0.32	0.38	0.64	0.46	0.37	-0.08	-0.14	0.43	0.33	0.75	0.59	0.33	0.01	0.45	0.46	0.49	0.48	0.54	-0.48	0.93	0.01	0.22	0.42	0.29
Short Long Term Debt Total	-0.57	0.32		0.93	0.9	-0.67	0.99	0.89	0.84	0.98	-0.71	0.65	0.57	-0.71	0.89	0.98	0.98	0.94	0.96	0.96	0.34	0.07	0.89	-0.83	-0.68	-0.8
Other Current Liab	-0.47	0.38	0.93		0.93	-0.58	0.96	0.82	0.75	0.96	-0.65	0.72	0.63	-0.65	0.8	0.92	0.94	0.87	0.88	0.94	0.29	0.11	0.8	-0.74	-0.61	-0.71
Total Current Liabilities	-0.22	0.64	0.9	0.93		-0.37	0.93	0.71	0.56	0.95	-0.5	0.9	0.63	-0.5	0.68	0.94	0.95	0.87	0.95	0.98	0.06	0.35	0.68	-0.55	-0.42	-0.52
Total Stockholder Equity	0.98	0.46	-0.67	-0.58	-0.37		-0.64	-0.91	-0.82	-0.6	0.96	-0.09	-0.01	0.96	-0.78	-0.58	-0.58	-0.44	-0.54	-0.49	-0.63	0.67	-0.78	0.93	0.98	0.97
Property Plant And Equipment Net	-0.53	0.37	0.99	0.96	0.93	-0.64		0.87	0.81	0.99	-0.68	0.68	0.57	-0.68	0.86	0.98	0.99	0.93	0.96	0.97	0.3	0.11	0.86	-0.8	-0.65	-0.77
Net Debt	-0.81	-0.08	0.89	0.82	0.71	-0.91	0.87		0.86	0.84	-0.95	0.47	0.29	-0.95	0.89	0.83	0.83	0.7	0.81	0.79	0.52	-0.38	0.89	-0.92	-0.93	-0.95
Retained Earnings	-0.81	-0.14	0.84	0.75	0.56	-0.82	0.81	0.86		0.75	-0.74	0.16	0.47	-0.74	0.89	0.75	0.73	0.78	0.67	0.67	0.59	-0.27	0.89	-0.94	-0.78	-0.91
Accounts Payable	-0.48	0.43	0.98	0.96	0.95	-0.6	0.99	0.84	0.75		-0.66	0.74	0.56	-0.66	0.82	0.99	0.99	0.91	0.97	0.99	0.24	0.16	0.82	-0.76	-0.61	-0.73
Cash	0.88	0.33	-0.71	-0.65	-0.5	0.96	-0.68	-0.95	-0.74	-0.66		-0.31	-0.04	1.0	-0.77	-0.63	-0.65	-0.45	-0.63	-0.58	-0.55	0.62	-0.77	0.87	0.99	0.93
Non Current Assets Total	0.11	0.75	0.65	0.72	0.9	-0.09	0.68	0.47	0.16	0.74	-0.31		0.47	-0.31	0.39	0.72	0.75	0.6	0.78	0.81	-0.15	0.45	0.39	-0.2	-0.19	-0.2
Non Currrent Assets Other	0.03	0.59	0.57	0.63	0.63	-0.01	0.57	0.29	0.47	0.56	-0.04	0.47		-0.04	0.39	0.6	0.6	0.77	0.5	0.62	-0.05	0.53	0.39	-0.3	-0.06	-0.22
Cash And Short Term Investments	0.88	0.33	-0.71	-0.65	-0.5	0.96	-0.68	-0.95	-0.74	-0.66	1.0	-0.31	-0.04		-0.77	-0.63	-0.65	-0.45	-0.63	-0.58	-0.55	0.62	-0.77	0.87	0.99	0.93
Common Stock Total Equity	-0.71	0.01	0.89	0.8	0.68	-0.78	0.86	0.89	0.89	0.82	-0.77	0.39	0.39	-0.77		0.81	0.81	0.81	0.79	0.76	0.73	-0.21	1.0	-0.93	-0.74	-0.89
Non Current Liabilities Total	-0.46	0.45	0.98	0.92	0.94	-0.58	0.98	0.83	0.75	0.99	-0.63	0.72	0.6	-0.63	0.81		1.0	0.94	0.98	0.99	0.2	0.2	0.81	-0.75	-0.59	-0.71
Inventory	-0.46	0.46	0.98	0.94	0.95	-0.58	0.99	0.83	0.73	0.99	-0.65	0.75	0.6	-0.65	0.81	1.0		0.93	0.98	0.99	0.2	0.19	0.81	-0.74	-0.6	-0.71
Other Current Assets	-0.36	0.49	0.94	0.87	0.87	-0.44	0.93	0.7	0.78	0.91	-0.45	0.6	0.77	-0.45	0.81	0.94	0.93		0.89	0.92	0.26	0.33	0.81	-0.7	-0.43	-0.63
Other Stockholder Equity	-0.4	0.48	0.96	0.88	0.95	-0.54	0.96	0.81	0.67	0.97	-0.63	0.78	0.5	-0.63	0.79	0.98	0.98	0.89		0.98	0.18	0.2	0.79	-0.69	-0.56	-0.66
Total Liab	-0.36	0.54	0.96	0.94	0.98	-0.49	0.97	0.79	0.67	0.99	-0.58	0.81	0.62	-0.58	0.76	0.99	0.99	0.92	0.98		0.14	0.27	0.76	-0.67	-0.52	-0.63
Property Plant And Equipment Gross	-0.64	-0.48	0.34	0.29	0.06	-0.63	0.3	0.52	0.59	0.24	-0.55	-0.15	-0.05	-0.55	0.73	0.2	0.2	0.26	0.18	0.14		-0.56	0.73	-0.68	-0.55	-0.65
Total Current Assets	0.71	0.93	0.07	0.11	0.35	0.67	0.11	-0.38	-0.27	0.16	0.62	0.45	0.53	0.62	-0.21	0.2	0.19	0.33	0.2	0.27	-0.56		-0.21	0.41	0.67	0.51
Common Stock	-0.71	0.01	0.89	0.8	0.68	-0.78	0.86	0.89	0.89	0.82	-0.77	0.39	0.39	-0.77	1.0	0.81	0.81	0.81	0.79	0.76	0.73	-0.21		-0.93	-0.74	-0.89
Other Liab	0.91	0.22	-0.83	-0.74	-0.55	0.93	-0.8	-0.92	-0.94	-0.76	0.87	-0.2	-0.3	0.87	-0.93	-0.75	-0.74	-0.7	-0.69	-0.67	-0.68	0.41	-0.93		0.89	0.99
Net Tangible Assets	0.93	0.42	-0.68	-0.61	-0.42	0.98	-0.65	-0.93	-0.78	-0.61	0.99	-0.19	-0.06	0.99	-0.74	-0.59	-0.6	-0.43	-0.56	-0.52	-0.55	0.67	-0.74	0.89		0.95
Other Assets	0.94	0.29	-0.8	-0.71	-0.52	0.97	-0.77	-0.95	-0.91	-0.73	0.93	-0.2	-0.22	0.93	-0.89	-0.71	-0.71	-0.63	-0.66	-0.63	-0.65	0.51	-0.89	0.99	0.95

Click cells to compare fundamentals

SmartRent Account Relationship Matchups

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

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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:

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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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.

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SmartRent Receivables Turnover vs Operating Margin Analysis

Receivables Turnover vs Operating Profit Margin

Receivables Turnover vs Operating Margin Correlation Analysis

Correlation Coefficient

Receivables Turnover

Operating Profit Margin

SmartRent fundamental ratios Correlations

SmartRent Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SmartRent fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Inventory	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Property Plant And Equipment Net
Inventory	+ 0.99	Property Plant And Equipment Net

Other Assets	- 0.95	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Other Liab	- 0.94	Retained Earnings
Other Liab	- 0.93	Common Stock
Other Liab	- 0.93	Common Stock Total Equity