Standard Cash And Equivalents vs Good Will Analysis
SMP Stock | USD 30.71 0.59 1.96% |
Standard financial indicator trend analysis is much more than just breaking down Standard Motor Products prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standard Motor Products is a good investment. Please check the relationship between Standard Cash And Equivalents and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Motor Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Cash And Equivalents vs Good Will
Cash And Equivalents vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Motor Products Cash And Equivalents account and Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between Standard's Cash And Equivalents and Good Will is 0.24. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Good Will in the same time period over historical financial statements of Standard Motor Products, assuming nothing else is changed. The correlation between historical values of Standard's Cash And Equivalents and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of Standard Motor Products are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash And Equivalents i.e., Standard's Cash And Equivalents and Good Will go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Equivalents
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Standard's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standard Motor Products 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 Standard Motor Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, Standard's Tax Provision is relatively stable compared to the past year. As of 06/02/2024, Sales General And Administrative To Revenue is likely to grow to 0.25, while Selling General Administrative is likely to drop slightly above 209.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 376.9M | 382.5M | 388.8M | 255.5M | Total Revenue | 1.3B | 1.4B | 1.4B | 850.7M |
Standard fundamental ratios Correlations
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Standard Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Standard fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 912.7M | 956.5M | 1.2B | 1.3B | 1.3B | 673.1M | |
Short Long Term Debt Total | 85.4M | 32.7M | 159.6M | 280.3M | 245.2M | 257.4M | |
Other Current Liab | 91.5M | 192.4M | 210.8M | 145.2M | 196.8M | 206.6M | |
Total Current Liabilities | 309.5M | 302.6M | 476.4M | 323.1M | 304.3M | 234.6M | |
Total Stockholder Equity | 504.2M | 550.2M | 601.6M | 610.0M | 635.1M | 666.8M | |
Property Plant And Equipment Net | 125.7M | 119.1M | 143.3M | 157.0M | 221.9M | 233.0M | |
Net Debt | 75.0M | 13.2M | 137.9M | 259.2M | 212.7M | 223.3M | |
Retained Earnings | 417.4M | 463.6M | 532.3M | 564.2M | 573.2M | 601.9M | |
Cash | 10.4M | 19.5M | 21.8M | 21.2M | 32.5M | 17.2M | |
Non Current Assets Total | 363.3M | 358.0M | 486.8M | 492.5M | 548.8M | 576.3M | |
Non Currrent Assets Other | 18.8M | 21.8M | 25.4M | 27.5M | 27.8M | 24.8M | |
Cash And Short Term Investments | 10.4M | 19.5M | 21.8M | 21.2M | 32.5M | 17.4M | |
Net Receivables | 135.5M | 198.0M | 180.6M | 167.6M | 160.3M | 141.3M | |
Common Stock Shares Outstanding | 22.8M | 22.8M | 22.6M | 22.1M | 22.2M | 19.3M | |
Liabilities And Stockholders Equity | 912.7M | 956.5M | 1.2B | 1.3B | 1.3B | 673.1M | |
Non Current Liabilities Total | 99.0M | 103.7M | 109.0M | 310.8M | 337.9M | 354.8M | |
Inventory | 387.9M | 365.1M | 491.0M | 548.4M | 525.3M | 273.5M | |
Other Current Assets | 15.6M | 15.9M | 17.8M | 25.2M | 26.1M | 24.8M | |
Other Stockholder Equity | 47.5M | 44.4M | 29.6M | 10.4M | 14.0M | 13.3M | |
Total Liab | 408.5M | 406.3M | 585.3M | 633.9M | 642.2M | 372.4M | |
Property Plant And Equipment Gross | 125.7M | 119.1M | 102.8M | 107.1M | 481.6M | 505.7M | |
Total Current Assets | 549.4M | 598.5M | 711.2M | 762.4M | 744.2M | 458.7M | |
Accumulated Other Comprehensive Income | (8.6M) | (5.7M) | (8.2M) | (12.5M) | (6.0M) | (6.3M) | |
Short Term Debt | 56.9M | 10.1M | 128.4M | 55.0M | 5.0M | 4.8M | |
Accounts Payable | 92.5M | 100.0M | 137.2M | 89.2M | 107.5M | 65.1M | |
Good Will | 77.8M | 77.8M | 131.7M | 132.1M | 134.7M | 141.5M | |
Intangible Assets | 64.9M | 54.0M | 106.2M | 100.5M | 92.3M | 51.7M | |
Other Liab | 70.5M | 81.2M | 77.7M | 85.5M | 98.3M | 67.1M | |
Other Assets | 56.1M | 137.1M | 3K | 59.2M | (10K) | (9.5K) | |
Long Term Debt | 129K | 97K | 21K | 184.6M | 151.2M | 158.7M | |
Treasury Stock | (53.7M) | (55.2M) | (60.7M) | (75.8M) | (68.2M) | (64.8M) | |
Property Plant Equipment | 89.6M | 89.1M | 143.3M | 107.1M | 123.2M | 93.7M | |
Current Deferred Revenue | 35.9M | 88.7M | 68.5M | 33.7M | (5.0M) | (4.8M) | |
Net Tangible Assets | 504.2M | 550.2M | 601.6M | 610.0M | 701.5M | 487.9M | |
Retained Earnings Total Equity | 417.4M | 463.6M | 532.3M | 564.2M | 648.9M | 382.3M | |
Capital Surpluse | 102.7M | 105.1M | 105.4M | 105.6M | 121.5M | 105.7M |
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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.