Smith Operating Margin vs Gross Profit Analysis
SMSI Stock | USD 2.18 0.10 4.81% |
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 Operating Profit Margin and its Gross Profit 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.
Operating Profit Margin vs Gross Profit
Operating Margin vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smith Micro Software Operating Margin account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Smith Micro's Operating Margin and Gross Profit is -0.32. Overlapping area represents the amount of variation of Operating Margin that can explain the historical movement of Gross Profit 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 Operating Margin and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Margin of Smith Micro Software are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Margin i.e., Smith Micro's Operating Margin and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Operating Profit Margin
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Smith Micro Software minus its cost of goods sold. It is profit before Smith Micro operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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.
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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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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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.
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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.