Smart Long Term Debt vs Common Stock Analysis

EM Stock  USD 0.69  0.03  4.17%   
Smart Share financial indicator trend analysis is much more than just breaking down Smart Share Global prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smart Share Global is a good investment. Please check the relationship between Smart Share Long Term Debt and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Smart Share Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart Share Global Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Smart Share's Long Term Debt and Common Stock is -0.72. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Smart Share Global, assuming nothing else is changed. The correlation between historical values of Smart Share's Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Smart Share Global are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Smart Share's Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Smart Share Global has held for over one year. Long-term debt appears on Smart Share Global balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Smart Share Global balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock

Most indicators from Smart Share's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smart Share Global 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Smart Share Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Smart Share's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.19, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization396.9M449.1M275.3M367.2M
Interest Income30.6M52.4M117.2M123.1M

Smart Share fundamental ratios Correlations

-0.12-0.830.670.990.850.83-0.70.28-0.76-0.990.920.79-0.67-0.48-0.35-0.61.00.5-0.540.970.930.8-0.950.951.0
-0.120.63-0.47-0.02-0.540.070.45-0.40.280.2-0.43-0.010.560.440.940.18-0.19-0.530.44-0.16-0.25-0.56-0.04-0.1-0.13
-0.830.63-0.75-0.77-0.92-0.580.7-0.340.780.87-0.95-0.650.750.70.790.53-0.87-0.580.58-0.83-0.83-0.930.74-0.75-0.84
0.67-0.47-0.750.570.880.79-0.770.75-0.22-0.690.850.13-0.77-0.6-0.49-0.910.710.57-0.570.820.880.49-0.640.540.65
0.99-0.02-0.770.570.770.79-0.640.18-0.78-0.970.860.84-0.6-0.41-0.27-0.520.980.45-0.490.930.880.78-0.950.950.99
0.85-0.54-0.920.880.770.78-0.840.59-0.56-0.890.930.51-0.85-0.53-0.64-0.770.870.76-0.790.870.90.78-0.750.760.83
0.830.07-0.580.790.790.78-0.650.52-0.28-0.820.750.4-0.57-0.37-0.03-0.90.810.48-0.590.890.880.38-0.860.70.79
-0.70.450.7-0.77-0.64-0.84-0.65-0.820.360.72-0.75-0.30.990.130.570.64-0.72-0.890.76-0.73-0.82-0.60.5-0.77-0.68
0.28-0.4-0.340.750.180.590.52-0.820.21-0.30.42-0.29-0.80.02-0.34-0.720.310.75-0.630.410.560.1-0.140.310.23
-0.760.280.78-0.22-0.78-0.56-0.280.360.210.76-0.7-0.940.390.480.550.01-0.77-0.260.26-0.63-0.55-0.930.68-0.77-0.8
-0.990.20.87-0.69-0.97-0.89-0.820.72-0.30.76-0.92-0.790.690.490.410.62-0.99-0.570.63-0.95-0.91-0.830.94-0.93-0.98
0.92-0.43-0.950.850.860.930.75-0.750.42-0.7-0.920.62-0.75-0.7-0.61-0.680.950.52-0.520.950.960.84-0.860.820.92
0.79-0.01-0.650.130.840.510.4-0.3-0.29-0.94-0.790.62-0.29-0.33-0.29-0.050.770.24-0.310.630.520.81-0.750.80.82
-0.670.560.75-0.77-0.6-0.85-0.570.99-0.80.390.69-0.75-0.290.180.670.59-0.7-0.90.76-0.7-0.79-0.650.46-0.74-0.65
-0.480.440.7-0.6-0.41-0.53-0.370.130.020.480.49-0.7-0.330.180.490.44-0.530.090.0-0.57-0.54-0.560.58-0.23-0.5
-0.350.940.79-0.49-0.27-0.64-0.030.57-0.340.550.41-0.61-0.290.670.490.15-0.42-0.560.44-0.35-0.42-0.770.17-0.37-0.38
-0.60.180.53-0.91-0.52-0.77-0.90.64-0.720.010.62-0.68-0.050.590.440.15-0.61-0.510.6-0.74-0.79-0.230.64-0.43-0.55
1.0-0.19-0.870.710.980.870.81-0.720.31-0.77-0.990.950.77-0.7-0.53-0.42-0.610.51-0.520.980.940.83-0.940.941.0
0.5-0.53-0.580.570.450.760.48-0.890.75-0.26-0.570.520.24-0.90.09-0.56-0.510.51-0.940.480.560.51-0.290.60.48
-0.540.440.58-0.57-0.49-0.79-0.590.76-0.630.260.63-0.52-0.310.760.00.440.6-0.52-0.94-0.5-0.54-0.490.4-0.56-0.5
0.97-0.16-0.830.820.930.870.89-0.730.41-0.63-0.950.950.63-0.7-0.57-0.35-0.740.980.48-0.50.980.72-0.950.870.96
0.93-0.25-0.830.880.880.90.88-0.820.56-0.55-0.910.960.52-0.79-0.54-0.42-0.790.940.56-0.540.980.69-0.880.850.91
0.8-0.56-0.930.490.780.780.38-0.60.1-0.93-0.830.840.81-0.65-0.56-0.77-0.230.830.51-0.490.720.69-0.670.790.83
-0.95-0.040.74-0.64-0.95-0.75-0.860.5-0.140.680.94-0.86-0.750.460.580.170.64-0.94-0.290.4-0.95-0.88-0.67-0.82-0.95
0.95-0.1-0.750.540.950.760.7-0.770.31-0.77-0.930.820.8-0.74-0.23-0.37-0.430.940.6-0.560.870.850.79-0.820.95
1.0-0.13-0.840.650.990.830.79-0.680.23-0.8-0.980.920.82-0.65-0.5-0.38-0.551.00.48-0.50.960.910.83-0.950.95
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Smart Share Account Relationship Matchups

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Smart Share Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Hotels, Restaurants & Leisure 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 Share. 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 Share 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
(0.62)
Earnings Share
0.03
Revenue Per Share
7.571
Quarterly Revenue Growth
(0.55)
Return On Assets
(0)
The market value of Smart Share Global 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 Share's value that differs from its market value or its book value, called intrinsic value, which is Smart Share'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 Share's market value can be influenced by many factors that don't directly affect Smart Share'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 Share's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Share is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Share'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.