Standard Motor Products Stock Cash And Equivalents

SMP Stock  USD 30.27  0.08  0.26%   
Standard Motor Products fundamentals help investors to digest information that contributes to Standard's financial success or failures. It also enables traders to predict the movement of Standard Stock. The fundamental analysis module provides a way to measure Standard's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Standard stock.
Last ReportedProjected for Next Year
Cash And Equivalents24.3 M19 M
As of 05/28/2024, Cash And Equivalents is likely to drop to about 19 M.
  
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Standard Motor Products Company Cash And Equivalents Analysis

Standard's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Standard Cash And Equivalents

    
  21.15 M  
Most of Standard's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Standard Motor Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Standard Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Standard is extremely important. It helps to project a fair market value of Standard Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Standard's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Standard's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Standard's interrelated accounts and indicators.
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Standard Cash And Equivalents Historical Pattern

Today, most investors in Standard Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Standard's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Standard cash and equivalents as a starting point in their analysis.
   Standard Cash And Equivalents   
       Timeline  
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, Standard Motor Products has 21.15 M in Cash And Equivalents. This is 97.26% lower than that of the Automobile Components sector and 91.67% lower than that of the Consumer Discretionary industry. The cash and equivalents for all United States stocks is 99.22% higher than that of the company.

Standard Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Standard's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Standard could also be used in its relative valuation, which is a method of valuing Standard by comparing valuation metrics of similar companies.
Standard is currently under evaluation in cash and equivalents category among related companies.

Standard Current Valuation Drivers

We derive many important indicators used in calculating different scores of Standard from analyzing Standard's financial statements. These drivers represent accounts that assess Standard's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Standard's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.2B905.3M1.2B754.6M864.5M907.7M
Enterprise Value1.3B918.5M1.3B1.0B1.1B1.1B

Standard ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Standard's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Standard's managers, analysts, and investors.
Environmental
Governance
Social

Standard Fundamentals

About Standard Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Standard Motor Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Standard using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Standard Motor Products based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Standard Motor Products 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 Standard 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 Standard Motor Products Stock. Highlighted below are key reports to facilitate an investment decision about Standard Motor Products Stock:
Check out Standard Piotroski F Score and Standard Altman Z Score analysis.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Standard's price analysis, check to measure Standard'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 Standard is operating at the current time. Most of Standard's value examination focuses on studying past and present price action to predict the probability of Standard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard's price. Additionally, you may evaluate how the addition of Standard to your portfolios can decrease your overall portfolio volatility.
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Is Standard'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 Standard. If investors know Standard 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 Standard 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
(0.26)
Dividend Share
1.16
Earnings Share
2.72
Revenue Per Share
62.476
Quarterly Revenue Growth
0.01
The market value of Standard Motor Products is measured differently than its book value, which is the value of Standard that is recorded on the company's balance sheet. Investors also form their own opinion of Standard's value that differs from its market value or its book value, called intrinsic value, which is Standard'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 Standard's market value can be influenced by many factors that don't directly affect Standard'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 Standard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Standard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standard'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.