Smith Price to Sales Ratio vs Cost of Revenue Analysis

SMSI Stock

USD 2.23 0.28 14.36%

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 Price To Sales Ratio and its Cost Of Revenue 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.

Price To Sales Ratio vs Cost Of Revenue

Price to Sales Ratio vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smith Micro Software Price to Sales Ratio account and Cost of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Smith Micro's Price to Sales Ratio and Cost of Revenue is -0.4. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Cost of Revenue 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 Price to Sales Ratio and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of Smith Micro Software are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Price to Sales Ratio i.e., Smith Micro's Price to Sales Ratio and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Smith Micro Software stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Smith Micro sales, a figure that is much harder to manipulate than other Smith Micro Software multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Cost Of Revenue

Cost of Revenue is found on Smith Micro Software income statement and represents the costs associated with goods and services Smith Micro provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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

Gross Profit Total Revenue

Smith Micro fundamental ratios Correlations

	Total Assets	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	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Intangible Assets	Other Assets	Common Stock Total Equity
Total Assets		0.38	0.67	0.99	0.58	-0.2	-0.49	0.91	0.47	0.86	0.81	0.44	0.7	0.74	-0.16	0.92	0.06	0.67	0.82	0.53	0.56	0.48	0.35	0.81	0.21	0.76
Other Current Liab	0.38		0.79	0.3	0.55	-0.05	-0.23	0.58	0.07	0.15	0.14	0.46	0.61	-0.04	0.37	0.46	0.33	0.71	0.36	0.51	0.08	0.27	0.51	0.11	-0.15	0.47
Total Current Liabilities	0.67	0.79		0.57	0.44	0.03	-0.41	0.76	0.26	0.52	0.48	0.35	0.59	0.35	0.01	0.72	0.28	0.96	0.34	0.43	0.6	0.53	0.83	0.48	0.05	0.61
Total Stockholder Equity	0.99	0.3	0.57		0.56	-0.21	-0.46	0.87	0.46	0.87	0.8	0.43	0.67	0.76	-0.16	0.9	-0.01	0.56	0.85	0.51	0.51	0.4	0.26	0.82	0.21	0.74
Property Plant And Equipment Net	0.58	0.55	0.44	0.56		-0.54	0.07	0.64	0.52	0.15	0.22	0.93	0.86	0.0	0.52	0.36	-0.04	0.46	0.74	0.94	0.0	0.34	0.04	0.05	0.15	0.32
Net Debt	-0.2	-0.05	0.03	-0.21	-0.54		0.0	-0.09	-0.88	0.13	-0.15	-0.66	-0.48	0.03	-0.05	-0.02	0.04	-0.05	-0.3	-0.63	-0.02	-0.2	0.31	0.19	-0.4	-0.26
Retained Earnings	-0.49	-0.23	-0.41	-0.46	0.07	0.0		-0.54	-0.23	-0.61	-0.67	0.11	-0.27	-0.72	0.74	-0.67	-0.6	-0.47	-0.26	0.02	-0.5	-0.52	-0.2	-0.57	-0.09	-0.5
Accounts Payable	0.91	0.58	0.76	0.87	0.64	-0.09	-0.54		0.35	0.72	0.72	0.5	0.77	0.57	-0.1	0.87	0.29	0.8	0.76	0.59	0.45	0.62	0.41	0.66	0.13	0.65
Cash	0.47	0.07	0.26	0.46	0.52	-0.88	-0.23	0.35		0.19	0.44	0.6	0.55	0.28	-0.21	0.3	0.05	0.39	0.34	0.6	0.43	0.53	0.0	0.14	0.49	0.42
Non Current Assets Total	0.86	0.15	0.52	0.87	0.15	0.13	-0.61	0.72	0.19		0.82	-0.04	0.33	0.92	-0.44	0.88	0.04	0.49	0.64	0.05	0.59	0.37	0.37	0.99	0.11	0.65
Non Currrent Assets Other	0.81	0.14	0.48	0.8	0.22	-0.15	-0.67	0.72	0.44	0.82		0.13	0.51	0.83	-0.55	0.8	0.15	0.54	0.56	0.23	0.54	0.55	0.19	0.8	0.58	0.65
Cash And Short Term Investments	0.44	0.46	0.35	0.43	0.93	-0.66	0.11	0.5	0.6	-0.04	0.13		0.86	-0.11	0.49	0.2	-0.08	0.37	0.54	0.99	0.04	0.25	0.0	-0.15	0.21	0.27
Net Receivables	0.7	0.61	0.59	0.67	0.86	-0.48	-0.27	0.77	0.55	0.33	0.51	0.86		0.28	0.21	0.52	0.01	0.6	0.69	0.92	0.27	0.44	0.17	0.23	0.29	0.51
Common Stock Shares Outstanding	0.74	-0.04	0.35	0.76	0.0	0.03	-0.72	0.57	0.28	0.92	0.83	-0.11	0.28		-0.62	0.76	0.03	0.36	0.48	-0.01	0.62	0.36	0.25	0.9	0.24	0.6
Inventory	-0.16	0.37	0.01	-0.16	0.52	-0.05	0.74	-0.1	-0.21	-0.44	-0.55	0.49	0.21	-0.62		-0.3	-0.4	-0.12	0.14	0.44	-0.52	-0.43	-0.04	-0.48	-0.23	-0.19
Other Current Assets	0.92	0.46	0.72	0.9	0.36	-0.02	-0.67	0.87	0.3	0.88	0.8	0.2	0.52	0.76	-0.3		0.29	0.7	0.68	0.3	0.55	0.43	0.43	0.85	0.12	0.8
Other Stockholder Equity	0.06	0.33	0.28	-0.01	-0.04	0.04	-0.6	0.29	0.05	0.04	0.15	-0.08	0.01	0.03	-0.4	0.29		0.38	-0.02	-0.05	0.03	0.45	0.08	0.04	-0.06	0.15
Total Liab	0.67	0.71	0.96	0.56	0.46	-0.05	-0.47	0.8	0.39	0.49	0.54	0.37	0.6	0.36	-0.12	0.7	0.38		0.34	0.45	0.62	0.74	0.74	0.46	0.14	0.55
Property Plant And Equipment Gross	0.82	0.36	0.34	0.85	0.74	-0.3	-0.26	0.76	0.34	0.64	0.56	0.54	0.69	0.48	0.14	0.68	-0.02	0.34		0.59	0.06	0.27	-0.08	0.58	0.06	0.54
Total Current Assets	0.53	0.51	0.43	0.51	0.94	-0.63	0.02	0.59	0.6	0.05	0.23	0.99	0.92	-0.01	0.44	0.3	-0.05	0.45	0.59		0.1	0.31	0.05	-0.05	0.23	0.35
Short Long Term Debt Total	0.56	0.08	0.6	0.51	0.0	-0.02	-0.5	0.45	0.43	0.59	0.54	0.04	0.27	0.62	-0.52	0.55	0.03	0.62	0.06	0.1		0.51	0.67	0.59	0.18	0.36
Non Current Liabilities Total	0.48	0.27	0.53	0.4	0.34	-0.2	-0.52	0.62	0.53	0.37	0.55	0.25	0.44	0.36	-0.43	0.43	0.45	0.74	0.27	0.31	0.51		0.32	0.34	0.29	0.21
Short Term Debt	0.35	0.51	0.83	0.26	0.04	0.31	-0.2	0.41	0.0	0.37	0.19	0.0	0.17	0.25	-0.04	0.43	0.08	0.74	-0.08	0.05	0.67	0.32		0.39	-0.13	0.32
Intangible Assets	0.81	0.11	0.48	0.82	0.05	0.19	-0.57	0.66	0.14	0.99	0.8	-0.15	0.23	0.9	-0.48	0.85	0.04	0.46	0.58	-0.05	0.59	0.34	0.39		0.1	0.63
Other Assets	0.21	-0.15	0.05	0.21	0.15	-0.4	-0.09	0.13	0.49	0.11	0.58	0.21	0.29	0.24	-0.23	0.12	-0.06	0.14	0.06	0.23	0.18	0.29	-0.13	0.1		0.11
Common Stock Total Equity	0.76	0.47	0.61	0.74	0.32	-0.26	-0.5	0.65	0.42	0.65	0.65	0.27	0.51	0.6	-0.19	0.8	0.15	0.55	0.54	0.35	0.36	0.21	0.32	0.63	0.11

Click cells to compare fundamentals

Smith Micro Account Relationship Matchups

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

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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:

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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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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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.

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Smith Price to Sales Ratio vs Cost of Revenue Analysis

Price To Sales Ratio vs Cost Of Revenue

Price to Sales Ratio vs Cost of Revenue Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Cost Of Revenue

Smith Micro fundamental ratios Correlations

Smith Micro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Smith Micro fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Liab	+ 0.96	Total Current Liabilities
Total Current Assets	+ 0.94	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.93	Property Plant And Equipment Net

Cash	- 0.88	Net Debt
Common Stock Shares Outstanding	- 0.72	Retained Earnings
Other Current Assets	- 0.67	Retained Earnings
Non Currrent Assets Other	- 0.67	Retained Earnings
Cash And Short Term Investments	- 0.66	Net Debt
Total Current Assets	- 0.63	Net Debt