Standard Total Stockholder Equity vs Short Term Debt Analysis

SMP Stock  USD 29.46  0.22  0.74%   
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 Total Stockholder Equity and its Short Term Debt 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 closely tied with the direction of predictive economic indicators such as signals in population.

Total Stockholder Equity vs Short Term Debt

Total Stockholder Equity vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Motor Products Total Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Standard's Total Stockholder Equity and Short Term Debt is 0.03. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Debt 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 Total Stockholder Equity and Short Term Debt 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 Stockholder Equity of Standard Motor Products are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Stockholder Equity i.e., Standard's Total Stockholder Equity and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Debt

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 closely tied 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 06/09/2024, 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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Additional Tools for Standard Stock Analysis

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.