Smart Investments vs Depreciation Analysis
CREG Stock | USD 0.67 0.04 6.35% |
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 Investments and its Depreciation 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.
Investments vs Depreciation
Investments vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart Powerr Corp Investments account and Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Smart Powerr's Investments and Depreciation is 0.38. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Depreciation 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 Investments and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Smart Powerr Corp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Investments i.e., Smart Powerr's Investments and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Depreciation
Depreciation indicates how much of Smart Powerr Corp value has been used up. For tax purposes Smart Powerr can deduct the cost of the tangible assets it purchases as business expenses. However, Smart Powerr Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.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 Smart Powerr's current Enterprise Value is estimated to increase to about 34 M, while Selling General Administrative is projected to decrease to roughly 682.7 K.
2023 | 2024 | 2025 (projected) | Total Operating Expenses | 798.5K | 918.2K | 872.3K | Other Operating Expenses | 798.5K | 718.6K | 682.7K |
Smart Powerr fundamental ratios Correlations
Click cells to compare fundamentals
Smart Powerr Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Smart Powerr fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Current Liabilities | 39.0M | 23.9M | 24.4M | 23.9M | 27.5M | 32.4M | |
Total Stockholder Equity | 92.2M | 124.8M | 110.8M | 109.2M | 125.6M | 91.8M | |
Retained Earnings | (43.0M) | (40.1M) | (59.7M) | (60.5M) | (54.4M) | (51.7M) | |
Accounts Payable | 76.1K | 77.9K | 71.3K | 70.1K | 63.1K | 59.9K | |
Common Stock Shares Outstanding | 2.6M | 7.1M | 7.3M | 7.8M | 9.0M | 9.4M | |
Other Stockholder Equity | 119.7M | 3.3M | 163.7M | 164.9M | 189.6M | 199.1M | |
Total Liab | 45.0M | 28.5M | 28.3M | 27.2M | 31.3M | 60.1M | |
Common Stock | 3.2K | 7.0K | 7.4K | 8.0K | 7.2K | 6.8K | |
Total Assets | 137.1M | 153.3M | 139.1M | 136.5M | 156.9M | 151.0M | |
Net Debt | 6.2M | (82.6M) | (122.0M) | 16.1M | 14.5M | 15.2M | |
Cash | 107.8M | 152.0M | 138.8M | 32.4K | 37.2K | 35.4K | |
Cash And Short Term Investments | 16.2M | 107.8M | 138.8M | 32.4K | 37.2K | 35.4K | |
Liabilities And Stockholders Equity | 123.8M | 137.1M | 139.1M | 136.5M | 156.9M | 150.2M | |
Total Current Assets | 108.2M | 153.1M | 139.1M | 136.5M | 156.9M | 164.8M | |
Other Current Liab | 10.9M | 3.6M | 3.8M | 3.4M | 3.9M | 6.4M | |
Property Plant And Equipment Net | 28.9M | 138.3K | 4.7K | 4.0K | 4.6K | 4.4K | |
Non Current Assets Total | 28.9M | 155.5K | 4.7K | 4.0K | 4.6K | 4.4K | |
Net Receivables | 344.4K | 202.0K | 223.3K | 69.0M | 79.3M | 83.3M | |
Other Current Assets | 55.4K | 868.3K | 94.1K | 67.4M | 77.6M | 81.4M | |
Property Plant And Equipment Gross | 50.9M | 28.9M | 138.3K | 4.7K | 5.4K | 5.1K | |
Accumulated Other Comprehensive Income | 8.4M | 15.4M | 6.8M | 4.9M | 5.6M | 9.7M | |
Other Assets | 25.0M | 8.3M | 16.8K | 17.2K | 19.8K | 18.8K | |
Short Long Term Debt Total | 22.4M | 25.2M | 16.8M | 16.1M | 18.5M | 17.6M | |
Short Term Debt | 20.5M | 24.9M | 16.8M | 16.1M | 18.5M | 28.0M | |
Other Liab | 10.5M | 7.1M | 5.6M | 4.6M | 5.3M | 6.0M | |
Non Current Liabilities Total | 5.9M | 4.6M | 4.0M | 3.4M | 3.0M | 2.9M | |
Property Plant Equipment | 70.1M | 50.9M | 28.9M | 138.3K | 159.0K | 151.1K | |
Net Tangible Assets | 86.7M | 78.6M | 92.2M | 124.8M | 112.3M | 108.7M |
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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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 | Return On Assets | Return On Equity |
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.