Smart Total Assets vs Total Liab Analysis
| SMFL Stock | USD 2.83 0.40 12.38% |
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 Total Assets and its Total Liab 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 closely tied with the direction of predictive economic indicators such as signals in census.
Total Assets vs Total Liab
Total Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart for Life Total Assets account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Smart For's Total Assets and Total Liab is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab 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 Total Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Smart for Life are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Smart For's Total Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Smart For assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Smart for Life books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 closely tied 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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Additional Information and Resources on Investing in Smart Stock
When determining whether Smart for Life is a strong investment it is important to analyze Smart For'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 Smart For's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports: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 closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Packaged Foods & Meats space 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.