SM Energy Other Current Assets from 2010 to 2024

SM Stock  USD 45.14  0.89  1.93%   
SM Energy Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to grow to about 72.6 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1990-12-31
Previous Quarter
47.3 M
Current Value
82.5 M
Quarterly Volatility
25.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SM Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SM Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 370.6 M, Interest Expense of 56 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0164 or PTB Ratio of 2.18. SM Energy financial statements analysis is a perfect complement when working with SM Energy Valuation or Volatility modules.
  
Check out the analysis of SM Energy Correlation against competitors.

Latest SM Energy's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of SM Energy Co over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. SM Energy's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SM Energy's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Very volatile
   Other Current Assets   
       Timeline  

SM Energy Other Current Assets Regression Statistics

Arithmetic Mean27,903,833
Geometric Mean15,979,167
Coefficient Of Variation125.47
Mean Deviation25,085,089
Median10,752,000
Standard Deviation35,012,316
Sample Variance1225.9T
Range126.3M
R-Value0.0008
Mean Square Error1320.2T
R-Squared0.00000064
Significance1.00
Slope6,248
Total Sum of Squares17162.1T

SM Energy Other Current Assets History

202472.6 M
202369.1 M
202210.2 M
20219.2 M
202010 M
201912.7 M
20188.6 M

About SM Energy Financial Statements

SM Energy investors utilize fundamental indicators, such as Other Current Assets, to predict how SM Energy Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets69.1 M72.6 M

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Check out the analysis of SM Energy Correlation against competitors.
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Is Oil & Gas Exploration & Production 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 SM Energy. If investors know SM Energy 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 SM Energy 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
0.112
Dividend Share
0.74
Earnings Share
7.14
Revenue Per Share
20.3
Quarterly Revenue Growth
(0.04)
The market value of SM Energy is measured differently than its book value, which is the value of SM Energy that is recorded on the company's balance sheet. Investors also form their own opinion of SM Energy's value that differs from its market value or its book value, called intrinsic value, which is SM Energy'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 SM Energy's market value can be influenced by many factors that don't directly affect SM Energy'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 SM Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SM Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SM Energy'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.