Smart Ebit vs Interest Income Analysis
CREG Stock | USD 0.68 0.03 4.23% |
Smart Powerr financial indicator trend analysis is much more than just breaking down Smart Powerr Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smart Powerr Corp is a good investment. Please check the relationship between Smart Powerr Ebit and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Smart Powerr Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Ebit vs Interest Income
Ebit vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart Powerr Corp Ebit account and Interest Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Smart Powerr's Ebit and Interest Income is 0.31. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Interest Income in the same time period over historical financial statements of Smart Powerr Corp, assuming nothing else is changed. The correlation between historical values of Smart Powerr's Ebit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Smart Powerr Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Ebit i.e., Smart Powerr's Ebit and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from Smart Powerr's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smart Powerr Corp 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 Smart Powerr Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. The current Selling General Administrative is estimated to decrease to about 758.5 K. The current Tax Provision is estimated to decrease to about 123.8 K
2021 | 2023 | 2024 (projected) | Total Operating Expenses | 842.8K | 798.5K | 758.5K | Other Operating Expenses | 1.6M | 798.5K | 758.5K |
Smart Powerr fundamental ratios Correlations
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Smart Powerr Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Smart Powerr fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 36.3M | 39.0M | 23.9M | 24.4M | 23.9M | 32.4M | |
Total Stockholder Equity | 78.6M | 92.2M | 124.8M | 110.8M | 109.2M | 91.8M | |
Retained Earnings | (46.4M) | (43.0M) | (40.1M) | (59.7M) | (60.5M) | (57.5M) | |
Accounts Payable | 2.2M | 76.1K | 77.9K | 71.3K | 70.1K | 66.6K | |
Common Stock Shares Outstanding | 1.6M | 2.6M | 7.1M | 7.3M | 7.8M | 8.2M | |
Other Stockholder Equity | 116.7M | 119.7M | 3.3M | 163.7M | 164.9M | 173.1M | |
Total Liab | 45.2M | 45.0M | 28.5M | 28.3M | 27.2M | 25.9M | |
Common Stock | 2.0K | 3.2K | 7.0K | 7.4K | 8.0K | 7.6K | |
Total Assets | 123.8M | 137.1M | 153.3M | 139.1M | 136.5M | 151.0M | |
Net Debt | (3.8M) | 6.2M | (82.6M) | (122.0M) | 16.1M | 16.9M | |
Cash | 16.2M | 107.8M | 152.0M | 138.8M | 32.4K | 30.8K | |
Cash And Short Term Investments | 53.2M | 16.2M | 107.8M | 138.8M | 32.4K | 30.8K | |
Liabilities And Stockholders Equity | 171.5M | 123.8M | 137.1M | 139.1M | 136.5M | 150.2M | |
Total Current Assets | 64.6M | 108.2M | 153.1M | 139.1M | 136.5M | 143.3M | |
Other Current Liab | 13.5M | 10.9M | 3.6M | 3.8M | 3.4M | 6.4M | |
Property Plant And Equipment Net | 50.9M | 28.9M | 138.3K | 4.7K | 4.0K | 3.8K | |
Non Current Assets Total | 59.2M | 28.9M | 155.5K | 4.7K | 4.0K | 3.8K | |
Net Receivables | 48.3M | 344.4K | 202.0K | 223.3K | 69.0M | 72.4M | |
Other Current Assets | (1.0) | 55.4K | 868.3K | 94.1K | 67.4M | 70.8M | |
Property Plant And Equipment Gross | 50.9M | 28.9M | 138.3K | 4.7K | 5.4K | 5.1K | |
Accumulated Other Comprehensive Income | 9.9M | 8.4M | 15.4M | 6.8M | 4.9M | 4.6M | |
Non Currrent Assets Other | 16.0K | 15.7K | 16.8K | 17.2K | 15.5K | 16.2K | |
Other Assets | 25.0M | 8.3M | 16.8K | 17.2K | 19.8K | 18.8K | |
Short Long Term Debt Total | 49.4M | 22.4M | 25.2M | 16.8M | 16.1M | 15.3M | |
Short Term Debt | 48.4M | 20.5M | 24.9M | 16.8M | 16.1M | 28.0M | |
Other Liab | 10.5M | 7.1M | 5.6M | 4.6M | 5.3M | 6.0M | |
Non Current Liabilities Total | 9.0M | 5.9M | 4.6M | 4.0M | 3.4M | 3.2M | |
Property Plant Equipment | 70.1M | 50.9M | 28.9M | 138.3K | 159.0K | 151.1K | |
Long Term Debt | 0.0 | 1.0M | 716.7K | 306.5K | 275.9K | 262.1K | |
Net Tangible Assets | 86.7M | 78.6M | 92.2M | 124.8M | 112.3M | 108.7M | |
Retained Earnings Total Equity | 28.3M | (37.7M) | (46.4M) | (43.0M) | (38.7M) | (36.8M) | |
Capital Surpluse | 111.8M | 114.5M | 116.7M | 119.7M | 137.7M | 108.9M | |
Non Current Liabilities Other | 10.2M | 1.0M | 8.2M | 5.6M | 5.1M | 4.8M |
Currently Active Assets on Macroaxis
When determining whether Smart Powerr Corp is a strong investment it is important to analyze Smart Powerr'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 Smart Powerr's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Smart Powerr Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Environmental & Facilities Services 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 Smart Powerr. If investors know Smart 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 Smart Powerr 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 (0.09) | Earnings Share (0.14) | Revenue Per Share (0) | Return On Assets (0) | Return On Equity (0.01) |
The market value of Smart Powerr Corp is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Powerr's value that differs from its market value or its book value, called intrinsic value, which is Smart Powerr'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 Smart Powerr's market value can be influenced by many factors that don't directly affect Smart Powerr'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 Smart Powerr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Powerr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Powerr'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.