Scotts Other Current Assets from 2010 to 2024

SMG Stock  USD 66.44  1.66  2.44%   
Scotts Miracle's Other Current Assets are increasing over the last several years with slightly volatile swings. Other Current Assets are estimated to finish at about 219 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1989-12-31
Previous Quarter
213.8 M
Current Value
168.8 M
Quarterly Volatility
84.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Scotts Miracle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scotts main balance sheet or income statement drivers, such as Depreciation And Amortization of 65.2 M, Total Revenue of 2.5 B or Gross Profit of 842.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0258 or Days Sales Outstanding of 51.82. Scotts financial statements analysis is a perfect complement when working with Scotts Miracle Valuation or Volatility modules.
  
This module can also supplement Scotts Miracle's financial leverage analysis and stock options assessment as well as various Scotts Miracle Technical models . Check out the analysis of Scotts Miracle Correlation against competitors.

Latest Scotts Miracle's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Scotts Miracle Gro over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Scotts Miracle's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Scotts Miracle's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Scotts Other Current Assets Regression Statistics

Arithmetic Mean134,396,700
Geometric Mean105,565,385
Coefficient Of Variation49.80
Mean Deviation53,249,373
Median122,900,000
Standard Deviation66,926,713
Sample Variance4479.2T
Range248M
R-Value0.73
Mean Square Error2260.8T
R-Squared0.53
Significance0
Slope10,908,370
Total Sum of Squares62708.6T

Scotts Other Current Assets History

2024219 M
2023208.6 M
2022181.4 M
2021252.6 M
2020169.9 M
201981 M
2018174.2 M

About Scotts Miracle Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Scotts Miracle income statement, its balance sheet, and the statement of cash flows. Scotts Miracle investors use historical funamental indicators, such as Scotts Miracle's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Scotts Miracle investors may use each financial statement separately, they are all related. The changes in Scotts Miracle's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Scotts Miracle's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Scotts Miracle Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Scotts Miracle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets208.6 M219 M

Currently Active Assets on Macroaxis

When determining whether Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:
Check out the analysis of Scotts Miracle Correlation against competitors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Scotts Miracle's price analysis, check to measure Scotts Miracle'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 Scotts Miracle is operating at the current time. Most of Scotts Miracle's value examination focuses on studying past and present price action to predict the probability of Scotts Miracle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scotts Miracle's price. Additionally, you may evaluate how the addition of Scotts Miracle to your portfolios can decrease your overall portfolio volatility.
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Is Scotts Miracle'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 Scotts Miracle. If investors know Scotts 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 Scotts Miracle 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
0.412
Dividend Share
2.64
Earnings Share
(6.10)
Revenue Per Share
60.744
Quarterly Revenue Growth
(0)
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle'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 Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle'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 Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle'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.