Smart Retained Earnings vs Common Stock Analysis
| SMFL Stock | USD 3.45 2.52 42.21% |
Smart For financial indicator trend analysis is much more than just breaking down Smart for Life prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smart for Life is a good investment. Please check the relationship between Smart For Retained Earnings and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smart for Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Retained Earnings vs Common Stock
Retained Earnings vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart for Life Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Smart For's Retained Earnings and Common Stock is -0.97. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock in the same time period over historical financial statements of Smart for Life, assuming nothing else is changed. The correlation between historical values of Smart For's Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Smart for Life are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Smart For's Retained Earnings and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.97 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Common Stock
Most indicators from Smart For's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smart for Life 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 Smart for Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. The value of Selling General Administrative is expected to slide to about 9.7 M. The value of Issuance Of Capital Stock is estimated to slide to about 2.9 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.5M | 15.9M | 5.2M | 5.6M | Depreciation And Amortization | 705.1K | 2.1M | 2.5M | 2.6M |
Smart For fundamental ratios Correlations
Click cells to compare fundamentals
Smart For Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smart for Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Smart for Life information on this page should be used as a complementary analysis to other Smart For's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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When running Smart For's price analysis, check to measure Smart For'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 Smart For is operating at the current time. Most of Smart For's value examination focuses on studying past and present price action to predict the probability of Smart For's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart For's price. Additionally, you may evaluate how the addition of Smart For to your portfolios can decrease your overall portfolio volatility.
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Is Smart For'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 Smart For. If investors know Smart 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 Smart For listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (882.07) | Revenue Per Share 310.528 | Quarterly Revenue Growth (0.49) | Return On Assets (0.33) | Return On Equity (13.93) |
The market value of Smart for Life is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart For's value that differs from its market value or its book value, called intrinsic value, which is Smart For'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 Smart For's market value can be influenced by many factors that don't directly affect Smart For'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 Smart For's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart For is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart For'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.