Smith Net Invested Capital vs Total Assets Analysis

AOS Stock

USD 73.71 0.74 1.01%

Smith AO financial indicator trend analysis is much more than just breaking down Smith AO prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smith AO is a good investment. Please check the relationship between Smith AO Net Invested Capital and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Smith AO. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Smith Stock please use our How to Invest in Smith AO guide.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smith AO Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Smith AO's Net Invested Capital and Total Assets is -0.32. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of Smith AO, assuming nothing else is changed. The correlation between historical values of Smith AO's Net Invested Capital and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Smith AO are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Smith AO's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of Smith AO assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Smith AO books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Smith AO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smith AO 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 Smith AO. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Smith Stock please use our How to Invest in Smith AO guide.Enterprise Value is likely to gain to about 12.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 367.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.3B	1.5B	1.6B
Total Revenue	3.5B	3.8B	3.9B	2.0B

Gross Profit Total Revenue

Smith AO fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Common Stock
Total Assets		0.33	0.49	0.78	0.82	0.9	-0.34	0.6	0.7	0.98	0.27	0.76	0.98	-0.42	0.63	0.57	0.59	-0.41	0.97	0.2	0.98	-0.57	0.95	-0.65	0.65	0.71
Short Long Term Debt Total	0.33		-0.17	0.16	0.19	0.07	0.45	0.02	0.35	0.26	-0.14	0.51	0.21	0.07	0.89	0.11	0.25	0.07	0.51	-0.11	0.37	0.1	0.14	0.05	0.1	0.13
Other Current Liab	0.49	-0.17		0.83	0.73	0.77	-0.49	0.87	0.32	0.54	0.72	0.06	0.51	-0.85	-0.06	0.82	0.68	-0.85	0.44	0.67	0.43	-0.69	0.65	-0.81	0.87	0.86
Total Current Liabilities	0.78	0.16	0.83		0.95	0.87	-0.54	0.93	0.65	0.82	0.58	0.38	0.75	-0.82	0.38	0.9	0.62	-0.8	0.78	0.65	0.71	-0.58	0.84	-0.7	0.89	0.88
Total Stockholder Equity	0.82	0.19	0.73	0.95		0.86	-0.54	0.88	0.69	0.84	0.44	0.48	0.82	-0.74	0.48	0.82	0.69	-0.7	0.79	0.63	0.77	-0.58	0.81	-0.74	0.87	0.87
Property Plant And Equipment Net	0.9	0.07	0.77	0.87	0.86		-0.44	0.82	0.56	0.93	0.61	0.45	0.9	-0.72	0.33	0.77	0.71	-0.72	0.83	0.44	0.83	-0.71	0.95	-0.74	0.83	0.86
Net Debt	-0.34	0.45	-0.49	-0.54	-0.54	-0.44		-0.51	-0.66	-0.41	-0.2	-0.1	-0.34	0.47	0.21	-0.39	-0.12	0.4	-0.22	-0.39	-0.27	0.2	-0.43	0.41	-0.38	-0.36
Retained Earnings	0.6	0.02	0.87	0.93	0.88	0.82	-0.51		0.48	0.69	0.77	0.08	0.59	-0.97	0.17	0.96	0.63	-0.95	0.57	0.82	0.49	-0.57	0.69	-0.62	0.92	0.88
Cash	0.7	0.35	0.32	0.65	0.69	0.56	-0.66	0.48		0.7	0.05	0.61	0.6	-0.35	0.53	0.42	0.31	-0.28	0.71	0.2	0.67	-0.14	0.62	-0.39	0.42	0.45
Non Current Assets Total	0.98	0.26	0.54	0.82	0.84	0.93	-0.41	0.69	0.7		0.37	0.62	0.95	-0.54	0.55	0.67	0.57	-0.53	0.94	0.32	0.92	-0.53	0.95	-0.62	0.69	0.72
Non Currrent Assets Other	0.27	-0.14	0.72	0.58	0.44	0.61	-0.2	0.77	0.05	0.37		-0.22	0.27	-0.85	-0.18	0.74	0.38	-0.88	0.23	0.59	0.17	-0.62	0.45	-0.32	0.74	0.72
Cash And Short Term Investments	0.76	0.51	0.06	0.38	0.48	0.45	-0.1	0.08	0.61	0.62	-0.22		0.73	0.13	0.75	0.02	0.35	0.17	0.78	-0.27	0.85	-0.37	0.63	-0.43	0.28	0.37
Net Receivables	0.98	0.21	0.51	0.75	0.82	0.9	-0.34	0.59	0.6	0.95	0.27	0.73		-0.4	0.55	0.53	0.61	-0.39	0.92	0.19	0.97	-0.67	0.94	-0.71	0.67	0.72
Common Stock Shares Outstanding	-0.42	0.07	-0.85	-0.82	-0.74	-0.72	0.47	-0.97	-0.35	-0.54	-0.85	0.13	-0.4		0.01	-0.94	-0.56	0.99	-0.39	-0.85	-0.3	0.49	-0.54	0.5	-0.85	-0.8
Non Current Liabilities Total	0.63	0.89	-0.06	0.38	0.48	0.33	0.21	0.17	0.53	0.55	-0.18	0.75	0.55	0.01		0.22	0.38	0.03	0.76	-0.04	0.67	-0.08	0.42	-0.19	0.25	0.29
Inventory	0.57	0.11	0.82	0.9	0.82	0.77	-0.39	0.96	0.42	0.67	0.74	0.02	0.53	-0.94	0.22		0.59	-0.94	0.57	0.81	0.46	-0.45	0.65	-0.56	0.84	0.8
Other Current Assets	0.59	0.25	0.68	0.62	0.69	0.71	-0.12	0.63	0.31	0.57	0.38	0.35	0.61	-0.56	0.38	0.59		-0.54	0.56	0.39	0.58	-0.55	0.56	-0.78	0.7	0.72
Other Stockholder Equity	-0.41	0.07	-0.85	-0.8	-0.7	-0.72	0.4	-0.95	-0.28	-0.53	-0.88	0.17	-0.39	0.99	0.03	-0.94	-0.54		-0.38	-0.84	-0.29	0.5	-0.55	0.49	-0.84	-0.79
Total Liab	0.97	0.51	0.44	0.78	0.79	0.83	-0.22	0.57	0.71	0.94	0.23	0.78	0.92	-0.39	0.76	0.57	0.56	-0.38		0.18	0.96	-0.48	0.91	-0.57	0.62	0.67
Property Plant And Equipment Gross	0.2	-0.11	0.67	0.65	0.63	0.44	-0.39	0.82	0.2	0.32	0.59	-0.27	0.19	-0.85	-0.04	0.81	0.39	-0.84	0.18		0.09	-0.24	0.26	-0.35	0.7	0.59
Total Current Assets	0.98	0.37	0.43	0.71	0.77	0.83	-0.27	0.49	0.67	0.92	0.17	0.85	0.97	-0.3	0.67	0.46	0.58	-0.29	0.96	0.09		-0.58	0.92	-0.66	0.6	0.66
Short Term Debt	-0.57	0.1	-0.69	-0.58	-0.58	-0.71	0.2	-0.57	-0.14	-0.53	-0.62	-0.37	-0.67	0.49	-0.08	-0.45	-0.55	0.5	-0.48	-0.24	-0.58		-0.67	0.7	-0.77	-0.82
Accounts Payable	0.95	0.14	0.65	0.84	0.81	0.95	-0.43	0.69	0.62	0.95	0.45	0.63	0.94	-0.54	0.42	0.65	0.56	-0.55	0.91	0.26	0.92	-0.67		-0.7	0.73	0.78
Current Deferred Revenue	-0.65	0.05	-0.81	-0.7	-0.74	-0.74	0.41	-0.62	-0.39	-0.62	-0.32	-0.43	-0.71	0.5	-0.19	-0.56	-0.78	0.49	-0.57	-0.35	-0.66	0.7	-0.7		-0.75	-0.78
Common Stock Total Equity	0.65	0.1	0.87	0.89	0.87	0.83	-0.38	0.92	0.42	0.69	0.74	0.28	0.67	-0.85	0.25	0.84	0.7	-0.84	0.62	0.7	0.6	-0.77	0.73	-0.75		0.99
Common Stock	0.71	0.13	0.86	0.88	0.87	0.86	-0.36	0.88	0.45	0.72	0.72	0.37	0.72	-0.8	0.29	0.8	0.72	-0.79	0.67	0.59	0.66	-0.82	0.78	-0.78	0.99

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Smith AO Account Relationship Matchups

Smith AO fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1B	3.2B	3.5B	3.3B	3.2B	1.9B
Short Long Term Debt Total	322.7M	147.6M	219M	366.9M	155.2M	272.3M
Other Current Liab	250.1M	284.3M	366.1M	298.4M	334.9M	351.6M
Total Current Liabilities	766.5M	886.3M	1.1B	934.2M	945.3M	992.6M
Total Stockholder Equity	1.7B	1.8B	1.8B	1.7B	1.8B	1.9B
Property Plant And Equipment Net	592.3M	582.9M	639.2M	620.5M	634.8M	424.6M
Net Debt	(51.3M)	(425.5M)	(224.3M)	(24.3M)	(184.7M)	(175.5M)
Retained Earnings	2.3B	2.5B	2.8B	2.9B	3.3B	3.4B
Cash	374M	573.1M	443.3M	391.2M	339.9M	356.9M
Non Current Assets Total	1.6B	1.5B	1.7B	1.7B	1.7B	1.0B
Non Currrent Assets Other	80.9M	89.1M	90M	110.5M	108.7M	95.7M
Cash And Short Term Investments	551.4M	689.6M	631.4M	481.8M	363.4M	236.9M
Net Receivables	589.5M	585M	634.4M	581.2M	596M	343.3M
Common Stock Shares Outstanding	166.7M	162.6M	161.3M	155.8M	151.0M	148.3M
Liabilities And Stockholders Equity	3.1B	3.2B	3.5B	3.3B	3.2B	1.9B
Non Current Liabilities Total	624.7M	426.1M	523.4M	650.4M	424.2M	506.0M
Inventory	303M	300.1M	447.7M	516.4M	497.4M	522.3M
Other Current Assets	56.5M	43.3M	39.1M	54.3M	43.5M	47.7M
Other Stockholder Equity	(603.7M)	(635.5M)	(958.2M)	(1.3B)	(1.6B)	(1.5B)
Total Liab	1.4B	1.3B	1.6B	1.6B	1.4B	971.7M
Property Plant And Equipment Gross	592.3M	582.9M	639.2M	620.5M	1.5B	1.5B
Total Current Assets	1.5B	1.6B	1.8B	1.6B	1.5B	861.5M
Accumulated Other Comprehensive Income	(348.3M)	(321.2M)	(331.4M)	(82.4M)	(84.2M)	(88.4M)
Short Term Debt	7.5M	0.0	6.8M	10M	9M	11.8M
Accounts Payable	509.6M	595.2M	745.9M	625.8M	600.4M	304.8M
Good Will	546M	546.8M	627.8M	619.7M	633.4M	480.3M
Intangible Assets	338.4M	323.9M	364.8M	347.9M	336.7M	297.9M
Other Liab	308.8M	285.3M	311.2M	293.5M	337.5M	306.7M
Other Assets	80.9M	16M	90M	110.5M	99.5M	70.7M
Long Term Debt	277.2M	106.4M	189.9M	334.5M	117.3M	213.7M
Treasury Stock	(1.1B)	(1.2B)	(1.5B)	(1.9B)	(1.7B)	(1.6B)
Property Plant Equipment	545.4M	541.3M	639.2M	620.5M	713.6M	469.3M
Net Tangible Assets	782.4M	977.6M	839.6M	780.1M	897.1M	756.9M
Retained Earnings Total Equity	2.3B	2.5B	2.8B	2.9B	3.3B	1.8B
Short Term Investments	177.4M	116.5M	188.1M	90.6M	23.5M	22.3M

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