Sumitomo Other Current Liab from 2010 to 2024

SMFG Stock  USD 14.06  0.09  0.64%   
Sumitomo Mitsui's Other Current Liabilities is decreasing over the last several years with slightly volatile swings. Other Current Liabilities is estimated to finish at about -5.3 T this year. During the period from 2010 to 2024 Sumitomo Mitsui Financial Other Current Liabilities regressed destribution of quarterly values had mean deviationof  2,188,889,114,667 and mean square error of 1662007770773.5 T. View All Fundamentals
 
Other Current Liabilities  
First Reported
2009-03-31
Previous Quarter
-6.2 T
Current Value
-6.2 T
Quarterly Volatility
27.4 T
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sumitomo Mitsui financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sumitomo Mitsui's main balance sheet or income statement drivers, such as Interest Expense of 4.5 T, Selling General Administrative of 1.6 T or Total Revenue of 3.6 T, as well as many indicators such as Price To Sales Ratio of 2.29, Dividend Yield of 0.0541 or PTB Ratio of 0.45. Sumitomo financial statements analysis is a perfect complement when working with Sumitomo Mitsui Valuation or Volatility modules.
  
Check out the analysis of Sumitomo Mitsui Correlation against competitors.

Latest Sumitomo Mitsui's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Sumitomo Mitsui Financial over the last few years. It is Sumitomo Mitsui's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sumitomo Mitsui's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Sumitomo Other Current Liab Regression Statistics

Arithmetic Mean(1,923,764,040,000)
Coefficient Of Variation(124.53)
Mean Deviation2,188,889,114,667
Median(147,041,000,000)
Standard Deviation2,395,580,665,023
Sample Variance5738806722632.5T
Range5.5T
R-Value(0.86)
Mean Square Error1662007770773.5T
R-Squared0.73
Significance0.000049
Slope(458,012,761,429)
Total Sum of Squares80343294116854.8T

Sumitomo Other Current Liab History

2024-5.3 T
2023-5.6 T
2022-4.9 T
2021-3 T
2020-5.4 T
2019-3.8 T
2018-147 B

About Sumitomo Mitsui Financial Statements

Sumitomo Mitsui stakeholders use historical fundamental indicators, such as Sumitomo Mitsui's Other Current Liab, to determine how well the company is positioned to perform in the future. Although Sumitomo Mitsui investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sumitomo Mitsui's assets and liabilities are reflected in the revenues and expenses on Sumitomo Mitsui's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sumitomo Mitsui Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Liabilities-5.6 T-5.3 T

Currently Active Assets on Macroaxis

When determining whether Sumitomo Mitsui Financial is a strong investment it is important to analyze Sumitomo Mitsui'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 Sumitomo Mitsui's future performance. For an informed investment choice regarding Sumitomo Stock, refer to the following important reports:
Check out the analysis of Sumitomo Mitsui Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Diversified Banks 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 Sumitomo Mitsui. If investors know Sumitomo 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 Sumitomo Mitsui 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
0.525
Earnings Share
1.14
Revenue Per Share
567.4788
Quarterly Revenue Growth
0.183
Return On Assets
0.0035
The market value of Sumitomo Mitsui Financial is measured differently than its book value, which is the value of Sumitomo that is recorded on the company's balance sheet. Investors also form their own opinion of Sumitomo Mitsui's value that differs from its market value or its book value, called intrinsic value, which is Sumitomo Mitsui'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 Sumitomo Mitsui's market value can be influenced by many factors that don't directly affect Sumitomo Mitsui'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 Sumitomo Mitsui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo Mitsui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo Mitsui'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.