Sound Total Current Assets from 2010 to 2026
| SPMC Stock | 13.71 0.04 0.29% |
Total Current Assets | First Reported 2010-12-31 | Previous Quarter 5.9 M | Current Value 6.1 M | Quarterly Volatility 2.2 M |
Check Sound Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sound Point's main balance sheet or income statement drivers, such as Net Interest Income of 26.4 M, Interest Income of 26.5 M or Interest Expense of 91.8 K, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 759. Sound financial statements analysis is a perfect complement when working with Sound Point Valuation or Volatility modules.
Check out the analysis of Sound Point Correlation against competitors. Latest Sound Point's Total Current Assets Growth Pattern
Below is the plot of the Total Current Assets of Sound Point Meridian over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Sound Point's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sound Point's overall financial position and show how it may be relating to other accounts over time.
| Total Current Assets | 10 Years Trend |
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Total Current Assets |
| Timeline |
Sound Total Current Assets Regression Statistics
| Arithmetic Mean | 1,009,314 | |
| Geometric Mean | 17,556 | |
| Coefficient Of Variation | 222.37 | |
| Mean Deviation | 1,654,018 | |
| Median | 5,089 | |
| Standard Deviation | 2,244,433 | |
| Sample Variance | 5T | |
| Range | 6.1M | |
| R-Value | 0.66 | |
| Mean Square Error | 3T | |
| R-Squared | 0.44 | |
| Significance | 0 | |
| Slope | 295,487 | |
| Total Sum of Squares | 80.6T |
Sound Total Current Assets History
About Sound Point Financial Statements
Sound Point stakeholders use historical fundamental indicators, such as Sound Point's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Sound Point investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sound Point's assets and liabilities are reflected in the revenues and expenses on Sound Point'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 Sound Point Meridian. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Current Assets | 5.9 M | 6.1 M |
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Check out the analysis of Sound Point Correlation against competitors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Asset Management & Custody 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 Sound Point. If investors know Sound 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 Sound Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sound Point Meridian is measured differently than its book value, which is the value of Sound that is recorded on the company's balance sheet. Investors also form their own opinion of Sound Point's value that differs from its market value or its book value, called intrinsic value, which is Sound Point'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 Sound Point's market value can be influenced by many factors that don't directly affect Sound Point'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 Sound Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sound Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sound Point'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.