Standard Long Term Debt Total vs Deferred Long Term Liab 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 Long Term Debt Total and its Deferred Long Term Liab 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.

Long Term Debt Total vs Deferred Long Term Liab

Long Term Debt Total vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Motor Products Long Term Debt Total account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Standard's Long Term Debt Total and Deferred Long Term Liab is 0.73. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Deferred Long Term Liab 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 Long Term Debt Total and Deferred Long Term 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 Long Term Debt Total of Standard Motor Products are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt Total i.e., Standard's Long Term Debt Total and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt Total

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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 06/01/2024, 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 Profit376.9M382.5M388.8M255.5M
Total Revenue1.3B1.4B1.4B850.7M

Standard fundamental ratios Correlations

0.630.730.850.850.680.640.840.490.820.670.490.860.490.590.99-0.1-0.580.980.370.990.260.890.770.870.69
0.630.670.360.740.881.00.790.560.850.650.560.4-0.080.950.63-0.13-0.880.750.730.6-0.040.350.890.720.31
0.730.670.660.880.850.650.870.510.880.70.510.80.240.710.67-0.08-0.650.770.670.730.00.70.840.670.55
0.850.360.660.750.460.370.690.190.670.610.190.840.660.260.85-0.01-0.280.820.130.870.610.940.60.720.7
0.850.740.880.750.890.730.990.430.970.650.430.860.350.770.82-0.13-0.70.870.660.850.030.770.910.740.64
0.680.880.850.460.890.870.920.530.960.650.530.60.040.930.65-0.2-0.840.760.90.65-0.20.520.930.660.47
0.641.00.650.370.730.870.780.520.840.670.520.41-0.050.940.65-0.12-0.870.760.710.62-0.020.350.880.720.33
0.840.790.870.690.990.920.780.510.990.590.510.820.20.810.8-0.24-0.80.860.680.820.00.730.960.790.52
0.490.560.510.190.430.530.520.510.50.21.00.3-0.250.540.43-0.2-0.660.510.490.43-0.130.340.610.610.07
0.820.850.880.670.970.960.840.990.50.670.510.760.180.860.79-0.22-0.820.870.750.80.010.70.970.780.54
0.670.650.70.610.650.650.670.590.20.670.20.570.530.630.690.22-0.40.750.470.710.190.50.560.490.74
0.490.560.510.190.430.530.520.511.00.510.20.3-0.250.540.42-0.2-0.660.510.50.43-0.130.340.620.610.07
0.860.40.80.840.860.60.410.820.30.760.570.30.530.440.82-0.14-0.450.810.30.880.170.880.680.660.65
0.49-0.080.240.660.350.04-0.050.2-0.250.180.53-0.250.53-0.080.530.510.340.43-0.120.580.380.540.010.130.88
0.590.950.710.260.770.930.940.810.540.860.630.540.44-0.080.58-0.13-0.870.70.850.57-0.320.30.870.60.35
0.990.630.670.850.820.650.650.80.430.790.690.420.820.530.58-0.07-0.550.980.330.990.290.870.740.860.71
-0.1-0.13-0.08-0.01-0.13-0.2-0.12-0.24-0.2-0.220.22-0.2-0.140.51-0.13-0.070.51-0.09-0.10.010.05-0.11-0.25-0.30.43
-0.58-0.88-0.65-0.28-0.7-0.84-0.87-0.8-0.66-0.82-0.4-0.66-0.450.34-0.87-0.550.51-0.66-0.68-0.510.17-0.37-0.89-0.72-0.05
0.980.750.770.820.870.760.760.860.510.870.750.510.810.430.70.98-0.09-0.660.460.970.240.840.840.890.67
0.370.730.670.130.660.90.710.680.490.750.470.50.3-0.120.850.33-0.1-0.680.460.34-0.460.210.720.340.36
0.990.60.730.870.850.650.620.820.430.80.710.430.880.580.570.990.01-0.510.970.340.270.890.740.820.75
0.26-0.040.00.610.03-0.2-0.020.0-0.130.010.19-0.130.170.38-0.320.290.050.170.24-0.460.270.420.030.330.15
0.890.350.70.940.770.520.350.730.340.70.50.340.880.540.30.87-0.11-0.370.840.210.890.420.640.770.64
0.770.890.840.60.910.930.880.960.610.970.560.620.680.010.870.74-0.25-0.890.840.720.740.030.640.830.38
0.870.720.670.720.740.660.720.790.610.780.490.610.660.130.60.86-0.3-0.720.890.340.820.330.770.830.34
0.690.310.550.70.640.470.330.520.070.540.740.070.650.880.350.710.43-0.050.670.360.750.150.640.380.34
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Standard Account Relationship Matchups

Standard fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets912.7M956.5M1.2B1.3B1.3B673.1M
Short Long Term Debt Total85.4M32.7M159.6M280.3M245.2M257.4M
Other Current Liab91.5M192.4M210.8M145.2M196.8M206.6M
Total Current Liabilities309.5M302.6M476.4M323.1M304.3M234.6M
Total Stockholder Equity504.2M550.2M601.6M610.0M635.1M666.8M
Property Plant And Equipment Net125.7M119.1M143.3M157.0M221.9M233.0M
Net Debt75.0M13.2M137.9M259.2M212.7M223.3M
Retained Earnings417.4M463.6M532.3M564.2M573.2M601.9M
Cash10.4M19.5M21.8M21.2M32.5M17.2M
Non Current Assets Total363.3M358.0M486.8M492.5M548.8M576.3M
Non Currrent Assets Other18.8M21.8M25.4M27.5M27.8M24.8M
Cash And Short Term Investments10.4M19.5M21.8M21.2M32.5M17.4M
Net Receivables135.5M198.0M180.6M167.6M160.3M141.3M
Common Stock Shares Outstanding22.8M22.8M22.6M22.1M22.2M19.3M
Liabilities And Stockholders Equity912.7M956.5M1.2B1.3B1.3B673.1M
Non Current Liabilities Total99.0M103.7M109.0M310.8M337.9M354.8M
Inventory387.9M365.1M491.0M548.4M525.3M273.5M
Other Current Assets15.6M15.9M17.8M25.2M26.1M24.8M
Other Stockholder Equity47.5M44.4M29.6M10.4M14.0M13.3M
Total Liab408.5M406.3M585.3M633.9M642.2M372.4M
Property Plant And Equipment Gross125.7M119.1M102.8M107.1M481.6M505.7M
Total Current Assets549.4M598.5M711.2M762.4M744.2M458.7M
Accumulated Other Comprehensive Income(8.6M)(5.7M)(8.2M)(12.5M)(6.0M)(6.3M)
Short Term Debt56.9M10.1M128.4M55.0M5.0M4.8M
Accounts Payable92.5M100.0M137.2M89.2M107.5M65.1M
Good Will77.8M77.8M131.7M132.1M134.7M141.5M
Intangible Assets64.9M54.0M106.2M100.5M92.3M51.7M
Other Liab70.5M81.2M77.7M85.5M98.3M67.1M
Other Assets56.1M137.1M3K59.2M(10K)(9.5K)
Long Term Debt129K97K21K184.6M151.2M158.7M
Treasury Stock(53.7M)(55.2M)(60.7M)(75.8M)(68.2M)(64.8M)
Property Plant Equipment89.6M89.1M143.3M107.1M123.2M93.7M
Current Deferred Revenue35.9M88.7M68.5M33.7M(5.0M)(4.8M)
Net Tangible Assets504.2M550.2M601.6M610.0M701.5M487.9M
Retained Earnings Total Equity417.4M463.6M532.3M564.2M648.9M382.3M
Capital Surpluse102.7M105.1M105.4M105.6M121.5M105.7M

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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 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.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.