Smart Retained Earnings vs Deferred Long Term Liab 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 Retained Earnings and its Deferred Long Term Liab 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.

Retained Earnings vs Deferred Long Term Liab

Retained Earnings vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart Share Global Retained Earnings account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Smart Share's Retained Earnings and Deferred Long Term Liab is 0.63. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Deferred Long Term Liab 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 Retained Earnings and Deferred Long Term Liab 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 Smart Share Global are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Retained Earnings i.e., Smart Share's Retained Earnings and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
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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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.