Sumitomo Other Liab vs Other Stockholder Equity Analysis
SMFG Stock | USD 14.27 0.21 1.49% |
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 Other Liab and its Other Stockholder Equity 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.
Other Liab vs Other Stockholder Equity
Other Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sumitomo Mitsui Financial Other Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sumitomo Mitsui's Other Liab and Other Stockholder Equity is -0.47. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Stockholder Equity 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 Other Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Sumitomo Mitsui Financial are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Liab i.e., Sumitomo Mitsui's Other Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Liab
Other Stockholder Equity
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 Profit | 3.4T | 3.8T | 8.7T | 9.1T | Total Revenue | 3.4T | 3.8T | 4.4T | 3.7T |
Sumitomo Mitsui fundamental ratios Correlations
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Sumitomo Mitsui Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sumitomo Mitsui fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 219.9T | 242.6T | 257.7T | 270.4T | 295.2T | 172.3T | |
Short Long Term Debt Total | 26.2T | 30.4T | 32.1T | 29.4T | 34.3T | 18.0T | |
Total Current Liabilities | 3.8T | 2.8T | 1.9T | 1.9T | 190.1T | 199.6T | |
Total Stockholder Equity | 10.7T | 11.8T | 12.1T | 12.7T | 14.7T | 7.5T | |
Property Plant And Equipment Net | 1.5T | 1.5T | 1.5T | 1.5T | 1.0T | 1.8T | |
Net Debt | (35.5T) | (42.2T) | (42.7T) | (46.5T) | (43.9T) | (41.7T) | |
Retained Earnings | 6.3T | 6.5T | 6.9T | 7.4T | 7.8T | 8.2T | |
Cash | 61.8T | 72.6T | 74.8T | 75.9T | 78.1T | 82.1T | |
Non Current Assets Total | 43.3T | 2.6T | 2.8T | 2.7T | 163.9T | 172.1T | |
Non Currrent Assets Other | (26.3B) | (2.6T) | (2.8T) | (2.7T) | 151.9T | 159.5T | |
Other Assets | 93.0T | 170.4T | 182.8T | 194.5T | (125.2T) | (118.9T) | |
Cash And Short Term Investments | 83.3T | 69.7T | 72.2T | 73.2T | 117.9T | 123.8T | |
Common Stock Total Equity | 2.3T | 2.3T | 2.3T | 2.3T | 2.7T | 1.9T | |
Common Stock Shares Outstanding | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B | 1.5B | |
Liabilities And Stockholders Equity | 219.9T | 242.6T | 257.7T | 270.4T | 295.2T | 172.3T | |
Non Current Liabilities Total | 25.2T | 20.2T | 20.8T | 22.4T | 90.3T | 94.9T | |
Other Stockholder Equity | 680.1B | 679.5B | 680.3B | 542.3B | 442.5B | 565.9B | |
Total Liab | 209.1T | 230.7T | 245.5T | 257.6T | 280.4T | 163.5T | |
Property Plant And Equipment Gross | 1.8T | 1.5T | 1.5T | 1.5T | 1.0T | 1.6T | |
Total Current Assets | 83.5T | 69.7T | 72.2T | 73.2T | 131.3T | 104.8T | |
Accumulated Other Comprehensive Income | 1.4T | 2.3T | 2.2T | 2.4T | 4.0T | 4.2T | |
Short Term Debt | 1.4T | 3.1T | 3.0T | 4.9T | 5.6T | 3.9T | |
Common Stock | 2.3T | 2.3T | 2.3T | 2.3T | 2.3T | 2.0T | |
Net Receivables | 219.7B | 236.4B | 228.6B | 226.3B | 207.6B | 197.3B | |
Good Will | 194.3B | 147.5B | 320.6B | 277.3B | 268.8B | 249.5B | |
Other Current Assets | 97.7T | 107.8T | 129.1T | 121.0T | 131.3T | 92.9T | |
Other Liab | 3.3T | 8.5T | 10.1T | 14.0T | 16.1T | 16.9T | |
Accounts Payable | 2.3T | 2.3T | 161.7T | 171.8T | 197.6T | 207.4T | |
Long Term Debt | 26.0T | 28.7T | 29.1T | 24.5T | 28.7T | 30.1T | |
Short Term Investments | 21.5T | 31.0T | (2.6T) | (2.7T) | 39.8T | 41.8T | |
Intangible Assets | 559.3B | 591.3B | 578.2B | 620.5B | 707.9B | 464.9B | |
Property Plant Equipment | 1.8T | 1.5T | 1.5T | 2.4T | 2.8T | 2.9T | |
Other Current Liab | (3.8T) | (5.4T) | (3.0T) | (4.9T) | 184.5T | 193.8T | |
Inventory | (97.7T) | (92.5T) | (129.3T) | (121.2T) | 78.0T | 81.9T | |
Net Tangible Assets | 10.0T | 11.1T | 11.2T | 12.7T | 14.6T | 9.9T | |
Long Term Investments | 27.0T | 47.8T | 51.3T | 47.5T | 54.8T | 33.4T | |
Short Long Term Debt | 1.7T | 1.7T | 3.0T | 4.9T | 5.6T | 5.0T |
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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 1.15 | 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.