SmartRent Net Working Capital from 2010 to 2024

SMRT Stock  USD 1.62  0.01  0.62%   
SmartRent Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. From the period from 2010 to 2024, SmartRent Net Working Capital quarterly data regression had r-value of  0.66 and coefficient of variation of  102.88. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
223 M
Current Value
271.9 M
Quarterly Volatility
124.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SmartRent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SmartRent's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11 M, Interest Expense of 9 M or Selling General Administrative of 42.4 M, as well as many indicators such as Price To Sales Ratio of 3.99, Dividend Yield of 0.0 or PTB Ratio of 3.64. SmartRent financial statements analysis is a perfect complement when working with SmartRent Valuation or Volatility modules.
  
Check out the analysis of SmartRent Correlation against competitors.
For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.

Latest SmartRent's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of SmartRent over the last few years. It is SmartRent's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SmartRent's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

SmartRent Net Working Capital Regression Statistics

Arithmetic Mean120,605,127
Geometric Mean85,372,208
Coefficient Of Variation102.88
Mean Deviation96,476,052
Median54,826,000
Standard Deviation124,073,286
Sample Variance15394.2T
Range410.6M
R-Value0.66
Mean Square Error9361.8T
R-Squared0.44
Significance0.01
Slope18,304,487
Total Sum of Squares215518.5T

SmartRent Net Working Capital History

2024271.9 M
2023223 M
2022245.6 M
2021465.4 M

About SmartRent Financial Statements

SmartRent shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although SmartRent investors may analyze each financial statement separately, they are all interrelated. The changes in SmartRent's assets and liabilities, for example, are also reflected in the revenues and expenses on on SmartRent's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Working Capital223 M271.9 M

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Additional Tools for SmartRent Stock Analysis

When running SmartRent's price analysis, check to measure SmartRent'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 SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.