Smith Invested Capital vs Net Income Analysis
SMSI Stock | USD 2.17 0.05 2.36% |
Smith Micro financial indicator trend analysis is much more than just breaking down Smith Micro Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smith Micro Software is a good investment. Please check the relationship between Smith Micro Invested Capital and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Micro Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Invested Capital vs Net Income
Invested Capital vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smith Micro Software Invested Capital account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Smith Micro's Invested Capital and Net Income is 0.29. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Net Income in the same time period over historical financial statements of Smith Micro Software, assuming nothing else is changed. The correlation between historical values of Smith Micro's Invested Capital and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Smith Micro Software are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Invested Capital i.e., Smith Micro's Invested Capital and Net Income go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Smith Micro Software. There are two different methods for calculating Smith Micro Software invested capital: operating approach and financing approach. Understanding Smith Micro invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Smith Micro Software financial statement analysis. It represents the amount of money remaining after all of Smith Micro Software operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Smith Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smith Micro Software 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 Smith Micro Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. As of now, Smith Micro's Selling General Administrative is decreasing as compared to previous years. The Smith Micro's current Tax Provision is estimated to increase to about 182.7 K, while Issuance Of Capital Stock is projected to decrease to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 45.7M | 34.3M | 23.0M | 33.3M | Total Revenue | 58.4M | 48.5M | 40.9M | 42.5M |
Smith Micro fundamental ratios Correlations
Click cells to compare fundamentals
Smith Micro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Smith Micro fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 61.2M | 72.9M | 115.4M | 103.6M | 85.6M | 66.9M | |
Other Current Liab | 2.4M | 3.1M | 4.5M | 7.0M | 3.6M | 3.8M | |
Total Current Liabilities | 5.7M | 8.4M | 9.4M | 20.7M | 7.6M | 7.1M | |
Total Stockholder Equity | 48.7M | 58.7M | 100.6M | 76.4M | 75.4M | 57.6M | |
Property Plant And Equipment Net | 8.6M | 8.0M | 8.4M | 5.2M | 3.6M | 4.0M | |
Net Debt | (21.3M) | (19.5M) | (10.2M) | (602K) | (3.9M) | (4.1M) | |
Retained Earnings | (225.4M) | (221.2M) | (252.3M) | (281.6M) | (305.9M) | (290.7M) | |
Accounts Payable | 2.1M | 2.3M | 3.3M | 3.2M | 2.5M | 2.1M | |
Cash | 28.3M | 25.8M | 16.1M | 14.0M | 7.1M | 6.8M | |
Non Current Assets Total | 21.2M | 33.6M | 86.7M | 77.1M | 68.7M | 72.1M | |
Non Currrent Assets Other | 234K | 694K | 620K | 490K | 482K | 456.8K | |
Cash And Short Term Investments | 28.3M | 25.8M | 16.1M | 14.0M | 7.1M | 6.8M | |
Net Receivables | 10.9M | 12.3M | 10.6M | 10.5M | 7.9M | 9.7M | |
Common Stock Shares Outstanding | 37.0M | 42.8M | 51.2M | 55.4M | 64.9M | 68.2M | |
Liabilities And Stockholders Equity | 61.2M | 72.9M | 115.4M | 103.6M | 85.6M | 66.9M | |
Other Current Assets | 802K | 1.2M | 2.0M | 2.0M | 1.8M | 1.2M | |
Other Stockholder Equity | 274.0M | 279.9M | 352.8M | 357.9M | 381.3M | 208.2M | |
Total Liab | 12.5M | 14.2M | 14.8M | 27.2M | 10.2M | 9.3M | |
Property Plant And Equipment Gross | 8.6M | 8.0M | 20.4M | 5.2M | 11.7M | 12.2M | |
Total Current Assets | 40.0M | 39.3M | 28.7M | 26.5M | 16.9M | 16.0M | |
Accumulated Other Comprehensive Income | (225.4M) | (221.2M) | (252.3M) | (281.6M) | (253.4M) | (240.7M) | |
Non Current Liabilities Total | 6.8M | 5.8M | 5.4M | 6.5M | 2.5M | 3.9M | |
Intangible Assets | 4.5M | 12.7M | 42.6M | 36.3M | 29.5M | 31.0M | |
Other Assets | 328K | 8.6M | 620K | 490K | 563.5K | 535.3K | |
Common Stock Total Equity | 38K | 41K | 54K | 56K | 64.4K | 33.7K | |
Common Stock | 38K | 41K | 54K | 56K | 75K | 78.8K | |
Property Plant Equipment | 2.1M | 2.2M | 2.7M | 1.5M | 1.7M | 1.6M | |
Other Liab | 1.0M | 1.0M | 961K | 3.5M | 4.0M | 2.2M | |
Net Tangible Assets | 36.4M | 33.8M | 22.9M | 5.0M | 4.5M | 4.3M | |
Retained Earnings Total Equity | (225.4M) | (221.2M) | (252.3M) | (281.6M) | (253.4M) | (266.1M) | |
Capital Surpluse | 274.0M | 279.9M | 352.8M | 357.9M | 411.6M | 281.3M | |
Deferred Long Term Liab | 885K | 946K | 961K | 178K | 160.2K | 152.2K | |
Non Current Liabilities Other | 5.9M | 4.9M | 4.5M | 6.3M | 7.2M | 4.3M |
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 Smith Micro 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, Smith Micro's short interest history, or implied volatility extrapolated from Smith Micro options trading.
Currently Active Assets on Macroaxis
When determining whether Smith Micro Software offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Micro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Smith Micro Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Micro Software Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Micro Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Smith Stock analysis
When running Smith Micro's price analysis, check to measure Smith Micro'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 Smith Micro is operating at the current time. Most of Smith Micro's value examination focuses on studying past and present price action to predict the probability of Smith Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Micro's price. Additionally, you may evaluate how the addition of Smith Micro to your portfolios can decrease your overall portfolio volatility.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Is Smith Micro'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 Smith Micro. If investors know Smith 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 Smith Micro 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 (0.84) | Earnings Share (3.04) | Revenue Per Share 5.036 | Quarterly Revenue Growth (0.25) | Return On Assets (0.12) |
The market value of Smith Micro Software is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Micro's value that differs from its market value or its book value, called intrinsic value, which is Smith Micro'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 Smith Micro's market value can be influenced by many factors that don't directly affect Smith Micro'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 Smith Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Micro'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.