Sumitomo Net Receivables vs Capital Surpluse Analysis

SMFG Stock  USD 14.06  0.09  0.64%   
Sumitomo Mitsui financial indicator trend analysis is much more than just breaking down Sumitomo Mitsui Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sumitomo Mitsui Financial is a good investment. Please check the relationship between Sumitomo Mitsui Net Receivables and its Capital Surpluse accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Net Receivables vs Capital Surpluse

Net Receivables vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sumitomo Mitsui Financial Net Receivables account and Capital Surpluse. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sumitomo Mitsui's Net Receivables and Capital Surpluse is -0.33. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Sumitomo Mitsui Financial, assuming nothing else is changed. The correlation between historical values of Sumitomo Mitsui's Net Receivables and Capital Surpluse 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 Receivables of Sumitomo Mitsui Financial are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Receivables i.e., Sumitomo Mitsui's Net Receivables and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Capital Surpluse

Most indicators from Sumitomo Mitsui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sumitomo Mitsui Financial 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Sumitomo Mitsui's Tax Provision is most likely to decrease significantly in the upcoming years. The Sumitomo Mitsui's current Issuance Of Capital Stock is estimated to increase to about 270.1 M, while Selling General Administrative is projected to decrease to roughly 1.6 T.
 2021 2022 2023 2024 (projected)
Gross Profit3.4T3.8T3.6T3.4T
Total Revenue2.8T3.6T3.6T3.6T

Sumitomo Mitsui fundamental ratios Correlations

0.960.210.98-0.02-0.810.860.850.34-0.050.120.640.750.670.3-0.721.00.020.570.060.69-0.350.110.620.650.54
0.960.130.960.14-0.730.780.790.240.030.230.720.820.570.2-0.720.950.210.680.110.77-0.280.230.510.490.38
0.210.130.15-0.18-0.260.440.340.97-0.92-0.69-0.370.17-0.010.97-0.450.21-0.20.160.230.09-0.210.110.140.630.66
0.980.960.150.07-0.830.840.850.29-0.010.170.670.720.590.26-0.630.970.10.61-0.060.65-0.360.040.650.580.45
-0.020.14-0.180.070.09-0.02-0.02-0.240.280.40.280.29-0.37-0.23-0.2-0.040.740.440.060.370.590.4-0.37-0.26-0.35
-0.81-0.73-0.26-0.830.09-0.93-0.98-0.440.15-0.09-0.57-0.33-0.65-0.440.38-0.810.07-0.370.34-0.310.560.32-0.8-0.79-0.63
0.860.780.440.84-0.02-0.930.970.6-0.26-0.030.560.540.570.57-0.640.86-0.010.48-0.110.53-0.44-0.080.620.830.7
0.850.790.340.85-0.02-0.980.970.51-0.20.060.60.460.630.5-0.530.850.020.46-0.210.44-0.52-0.170.710.80.66
0.340.240.970.29-0.24-0.440.60.51-0.87-0.65-0.250.170.150.99-0.450.35-0.260.180.110.09-0.3-0.020.320.770.77
-0.050.03-0.92-0.010.280.15-0.26-0.2-0.870.610.50.00.07-0.870.26-0.050.310.0-0.130.090.27-0.06-0.11-0.5-0.57
0.120.23-0.690.170.4-0.09-0.030.06-0.650.610.50.140.12-0.640.060.120.30.36-0.040.210.230.120.04-0.31-0.31
0.640.72-0.370.670.28-0.570.560.6-0.250.50.50.590.45-0.28-0.420.640.320.41-0.10.67-0.150.030.20.13-0.1
0.750.820.170.720.29-0.330.540.460.170.00.140.590.20.12-0.90.750.330.710.410.980.010.63-0.020.220.14
0.670.57-0.010.59-0.37-0.650.570.630.150.070.120.450.20.1-0.250.67-0.310.11-0.090.18-0.45-0.170.720.640.58
0.30.20.970.26-0.23-0.440.570.50.99-0.87-0.64-0.280.120.1-0.390.31-0.250.180.040.04-0.31-0.080.340.740.73
-0.72-0.72-0.45-0.63-0.20.38-0.64-0.53-0.450.260.06-0.42-0.9-0.25-0.39-0.72-0.28-0.56-0.52-0.890.0-0.62-0.01-0.47-0.41
1.00.950.210.97-0.04-0.810.860.850.35-0.050.120.640.750.670.31-0.720.010.560.050.68-0.350.110.630.660.54
0.020.21-0.20.10.740.07-0.010.02-0.260.310.30.320.33-0.31-0.25-0.280.010.370.010.410.190.45-0.28-0.23-0.33
0.570.680.160.610.44-0.370.480.460.180.00.360.410.710.110.18-0.560.560.370.150.690.030.460.160.20.19
0.060.110.23-0.060.060.34-0.11-0.210.11-0.13-0.04-0.10.41-0.090.04-0.520.050.010.150.40.460.62-0.44-0.090.02
0.690.770.090.650.37-0.310.530.440.090.090.210.670.980.180.04-0.890.680.410.690.40.040.66-0.110.170.08
-0.35-0.28-0.21-0.360.590.56-0.44-0.52-0.30.270.23-0.150.01-0.45-0.310.0-0.350.190.030.460.040.3-0.6-0.45-0.45
0.110.230.110.040.40.32-0.08-0.17-0.02-0.060.120.030.63-0.17-0.08-0.620.110.450.460.620.660.3-0.5-0.16-0.02
0.620.510.140.65-0.37-0.80.620.710.32-0.110.040.2-0.020.720.34-0.010.63-0.280.16-0.44-0.11-0.6-0.50.70.65
0.650.490.630.58-0.26-0.790.830.80.77-0.5-0.310.130.220.640.74-0.470.66-0.230.2-0.090.17-0.45-0.160.70.9
0.540.380.660.45-0.35-0.630.70.660.77-0.57-0.31-0.10.140.580.73-0.410.54-0.330.190.020.08-0.45-0.020.650.9
Click cells to compare fundamentals

Sumitomo Mitsui Account Relationship Matchups

Sumitomo Mitsui fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets219.9T242.6T257.7T270.4T295.2T172.3T
Short Long Term Debt Total26.2T30.4T32.1T29.4T34.3T18.0T
Total Current Liabilities3.8T4.9T3.0T4.9T52.4T55.0T
Total Stockholder Equity10.7T11.8T12.1T12.7T14.7T7.5T
Property Plant And Equipment Net1.5T1.5T1.5T1.5T1.0T1.8T
Net Debt(35.5T)(42.2T)(42.7T)(46.5T)(43.9T)(41.7T)
Retained Earnings6.3T6.5T6.9T7.4T7.8T8.2T
Cash61.8T72.6T74.8T75.9T75.4T79.2T
Non Current Assets Total43.3T50.0T53.6T49.9T255.2T267.9T
Non Currrent Assets Other(26.3B)(29.8B)3.6T(74.1B)(51.7T)(49.1T)
Other Assets93.0T88.8T311.3T144.4T(125.2T)(118.9T)
Cash And Short Term Investments83.3T103.5T74.8T75.9T33.9T41.5T
Common Stock Total Equity2.3T2.3T2.3T2.3T2.7T1.9T
Common Stock Shares Outstanding1.4B6.9B6.9B6.8B4.0B2.3B
Liabilities And Stockholders Equity219.9T242.6T257.7T270.4T295.2T172.3T
Non Current Liabilities Total25.2T29.3T29.4T4.9T273.0T286.6T
Other Stockholder Equity680.1B681.3B681.7B543.4B443.4B566.0B
Total Liab209.1T230.7T245.5T257.6T280.4T163.5T
Property Plant And Equipment Gross1.8T1.5T1.5T1.5T1.0T1.6T
Total Current Assets83.5T103.8T204.1T76.1T165.2T113.7T
Accumulated Other Comprehensive Income1.4T2.3T2.2T2.4T4.0T4.2T
Short Term Debt1.4T3.1T3.0T4.9T5.6T3.9T
Common Stock2.3T2.3T2.3T2.3T2.3T2.0T
Net Receivables219.7B236.4B228.6B226.3B207.6B197.3B
Good Will194.3B147.5B320.6B277.3B268.8B249.5B
Other Current Assets97.7T107.8T129.1T121.0T131.3T92.9T
Other Liab3.3T8.5T10.1T14.0T16.1T16.9T
Accounts Payable2.3T2.3T161.7T171.8T197.6T207.4T
Long Term Debt26.0T28.7T29.1T24.5T28.7T30.1T
Short Term Investments21.5T31.0T3.6T(41.6T)(47.8T)(45.4T)
Intangible Assets559.3B591.3B578.2B620.5B707.9B464.9B
Property Plant Equipment1.8T1.5T1.5T2.4T2.8T2.9T
Other Current Liab(3.8T)(5.4T)(3.0T)(4.9T)(5.6T)(5.3T)
Inventory(1M)(97.7T)(107.8T)(121.0T)78.0T81.9T
Net Tangible Assets10.0T11.1T11.2T12.7T14.6T9.9T
Long Term Investments27.0T47.8T51.3T47.5T54.8T33.4T
Short Long Term Debt1.7T1.7T3.0T4.9T5.6T5.0T

Currently Active Assets on Macroaxis

When determining whether Sumitomo Mitsui Financial is a strong investment it is important to analyze Sumitomo Mitsui'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 Sumitomo Mitsui's future performance. For an informed investment choice regarding Sumitomo Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Diversified Banks 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 Sumitomo Mitsui. If investors know Sumitomo 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 Sumitomo Mitsui 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
0.525
Earnings Share
1.14
Revenue Per Share
567.4788
Quarterly Revenue Growth
0.183
Return On Assets
0.0035
The market value of Sumitomo Mitsui Financial is measured differently than its book value, which is the value of Sumitomo that is recorded on the company's balance sheet. Investors also form their own opinion of Sumitomo Mitsui's value that differs from its market value or its book value, called intrinsic value, which is Sumitomo Mitsui'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 Sumitomo Mitsui's market value can be influenced by many factors that don't directly affect Sumitomo Mitsui'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 Sumitomo Mitsui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo Mitsui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo Mitsui'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.