0KZA Retained Earnings vs Common Stock Shares Outstanding Analysis

0KZA Stock   45.78  0.27  0.59%   
SM Energy financial indicator trend analysis is much more than just breaking down SM Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SM Energy is a good investment. Please check the relationship between SM Energy Retained Earnings and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SM Energy Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SM Energy's Retained Earnings and Common Stock Shares Outstanding is -0.06. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of SM Energy Co, assuming nothing else is changed. The correlation between historical values of SM Energy's Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of SM Energy Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., SM Energy's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from SM Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SM Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 96.3 M in 2024. Tax Provision is likely to drop to about (231.9 M) in 2024
 2021 2022 2023 2024 (projected)
Total Revenue2.6B3.3B2.4B2.5B
Depreciation And Amortization809.4M611.2M690.5M376.3M

SM Energy fundamental ratios Correlations

0.730.40.620.870.990.650.540.710.330.99-0.250.330.420.610.740.310.590.760.580.260.740.370.88-0.30.69
0.730.380.290.390.790.97-0.010.21-0.250.8-0.32-0.250.230.530.940.320.480.92-0.020.210.670.390.510.330.26
0.40.380.810.080.350.340.180.14-0.030.38-0.06-0.030.840.190.520.41-0.070.640.35-0.630.260.260.510.240.25
0.620.290.810.530.560.180.330.470.460.560.040.460.780.540.330.140.350.480.68-0.220.550.080.73-0.220.56
0.870.390.080.530.850.280.590.790.630.83-0.090.630.240.650.350.020.710.380.680.490.720.120.76-0.60.76
0.990.790.350.560.850.720.450.660.241.0-0.250.240.360.650.770.270.650.780.470.330.780.350.84-0.240.64
0.650.970.340.180.280.72-0.060.13-0.420.74-0.36-0.420.130.380.920.380.390.88-0.160.160.540.440.430.360.11
0.54-0.010.180.330.590.45-0.060.710.430.46-0.30.430.4-0.060.220.52-0.150.220.78-0.16-0.020.480.58-0.570.63
0.710.210.140.470.790.660.130.710.590.65-0.010.590.230.310.250.160.350.270.710.240.350.20.69-0.730.78
0.33-0.25-0.030.460.630.24-0.420.430.590.220.271.00.20.38-0.28-0.320.39-0.20.810.350.31-0.280.4-0.730.59
0.990.80.380.560.831.00.740.460.650.22-0.240.220.370.610.790.290.620.80.450.290.760.360.85-0.220.63
-0.25-0.32-0.060.04-0.09-0.25-0.36-0.3-0.010.27-0.240.270.040.03-0.4-0.810.15-0.36-0.150.020.07-0.910.01-0.170.09
0.33-0.25-0.030.460.630.24-0.420.430.591.00.220.270.20.38-0.28-0.320.39-0.20.810.350.31-0.280.4-0.730.59
0.420.230.840.780.240.360.130.40.230.20.370.040.20.30.40.26-0.060.530.51-0.580.320.090.620.130.49
0.610.530.190.540.650.650.38-0.060.310.380.610.030.380.30.36-0.240.840.440.290.470.94-0.150.550.00.53
0.740.940.520.330.350.770.920.220.25-0.280.79-0.4-0.280.40.360.530.230.980.1-0.030.520.540.60.330.33
0.310.320.410.140.020.270.380.520.16-0.320.29-0.81-0.320.26-0.240.53-0.430.510.26-0.44-0.220.960.190.150.04
0.590.48-0.070.350.710.650.39-0.150.350.390.620.150.39-0.060.840.23-0.430.260.150.730.88-0.260.42-0.240.38
0.760.920.640.480.380.780.880.220.27-0.20.8-0.36-0.20.530.440.980.510.260.18-0.090.580.50.650.330.39
0.58-0.020.350.680.680.47-0.160.780.710.810.45-0.150.810.510.290.10.260.150.180.00.260.250.64-0.620.69
0.260.21-0.63-0.220.490.330.16-0.160.240.350.290.020.35-0.580.47-0.03-0.440.73-0.090.00.48-0.190.06-0.380.21
0.740.670.260.550.720.780.54-0.020.350.310.760.070.310.320.940.52-0.220.880.580.260.48-0.120.66-0.010.57
0.370.390.260.080.120.350.440.480.2-0.280.36-0.91-0.280.09-0.150.540.96-0.260.50.25-0.19-0.120.160.080.05
0.880.510.510.730.760.840.430.580.690.40.850.010.40.620.550.60.190.420.650.640.060.660.16-0.340.78
-0.30.330.24-0.22-0.6-0.240.36-0.57-0.73-0.73-0.22-0.17-0.730.130.00.330.15-0.240.33-0.62-0.38-0.010.08-0.34-0.49
0.690.260.250.560.760.640.110.630.780.590.630.090.590.490.530.330.040.380.390.690.210.570.050.78-0.49
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SM Energy Account Relationship Matchups

SM Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B5.0B5.2B5.7B6.4B6.7B
Short Long Term Debt Total2.7B2.2B2.1B1.6B1.6B989.4M
Other Current Liab266.4M383.3M583.1M318.8M296.4M247.5M
Total Current Liabilities472.0M583.7M889.3M598.6M633.8M665.5M
Total Stockholder Equity2.7B2.0B2.1B3.1B3.6B3.8B
Property Plant And Equipment Net6.0B4.7B4.6B4.9B5.4B5.6B
Net Debt2.7B2.2B1.7B1.1B959.2M911.8M
Retained Earnings967.6M200.7M234.5M1.3B2.1B2.2B
Accounts Payable52.1M63.0M25.1M43.9M107.3M112.7M
Non Current Assets Total6.0B4.8B4.6B5.0B5.5B5.7B
Non Currrent Assets Other(103.4M)70.9M35.0M(184.8M)87.1M91.5M
Net Receivables184.7M162.5M247.2M233.3M231.2M134.4M
Common Stock Shares Outstanding112.5M113.7M123.7M124.1M119.2M73.8M
Liabilities And Stockholders Equity6.3B5.0B5.2B5.7B6.4B6.7B
Non Current Liabilities Total3.1B2.4B2.3B2.0B2.1B1.4B
Other Current Assets74.8M51.2M33.3M58.9M69.1M75.4M
Other Stockholder Equity1.8B1.8B1.8B1.8B1.6B1.6B
Total Liab3.5B3.0B3.2B2.6B2.8B1.7B
Total Current Assets252.6M203.7M613.2M737.2M916.4M962.3M
Accumulated Other Comprehensive Income(11.3M)(13.6M)(12.8M)(4.0M)(2.6M)(2.7M)
Common Stock1.1M1.1M1.1M1.2M1.2M780.9K
Inventory55.2M31.2M24.1M48.7M56.4M74.0M
Other Assets46.2M49.2M25.8M69.7M62.7M59.6M
Long Term Debt2.9B2.6B2.7B2.2B2.0B2.1B
Capital Surpluse1.7B1.8B1.8B1.8B2.1B1.9B
Property Plant Equipment6.0B4.7B4.6B4.9B4.4B4.3B
Other Liab315.3M150.3M180.9M436.2M392.5M235.6M
Net Tangible Assets2.7B2.0B2.1B3.1B3.5B2.8B
Deferred Long Term Liab5.9M4.3M2.7M10.8M12.4M13.0M

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