SmartRent Book Value Per Share vs Ev To Operating Cash Flow Analysis

SMRT Stock  USD 1.77  0.19  9.69%   
SmartRent financial indicator trend analysis is much more than just breaking down SmartRent prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SmartRent is a good investment. Please check the relationship between SmartRent Book Value Per Share and its Ev To Operating Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SmartRent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.

Book Value Per Share vs Ev To Operating Cash Flow

Book Value Per Share vs Ev To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SmartRent Book Value Per Share account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SmartRent's Book Value Per Share and Ev To Operating Cash Flow is -0.04. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of SmartRent, assuming nothing else is changed. The correlation between historical values of SmartRent's Book Value Per Share and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of SmartRent are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Book Value Per Share i.e., SmartRent's Book Value Per Share and Ev To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
Most indicators from SmartRent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SmartRent 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 SmartRent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.At this time, SmartRent's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 42.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses61.6M105.6M92.7M140.0M
Cost Of Revenue120.7M166.5M187.3M347.8M

SmartRent fundamental ratios Correlations

0.57-0.57-0.49-0.220.98-0.53-0.81-0.81-0.480.880.110.330.88-0.71-0.46-0.460.350.94-0.36-0.640.71-0.710.910.930.94
0.570.320.350.640.460.37-0.08-0.140.430.330.750.860.330.010.450.460.940.810.54-0.480.930.010.220.420.29
-0.570.320.880.9-0.670.990.890.840.98-0.710.650.41-0.710.890.980.980.51-0.260.960.340.070.89-0.83-0.68-0.8
-0.490.350.880.89-0.580.920.790.720.93-0.640.670.44-0.640.690.880.90.48-0.230.90.150.090.69-0.69-0.62-0.68
-0.220.640.90.89-0.370.930.710.560.95-0.50.90.63-0.50.680.940.950.760.110.980.060.350.68-0.55-0.42-0.52
0.980.46-0.67-0.58-0.37-0.64-0.91-0.82-0.60.96-0.090.270.96-0.78-0.58-0.580.230.87-0.49-0.630.67-0.780.930.980.97
-0.530.370.990.920.93-0.640.870.810.99-0.680.680.44-0.680.860.980.990.53-0.230.970.30.110.86-0.8-0.65-0.77
-0.81-0.080.890.790.71-0.910.870.860.84-0.950.470.05-0.950.890.830.830.14-0.590.790.52-0.380.89-0.92-0.93-0.95
-0.81-0.140.840.720.56-0.820.810.860.75-0.740.160.08-0.740.890.750.730.06-0.640.670.59-0.270.89-0.94-0.78-0.91
-0.480.430.980.930.95-0.60.990.840.75-0.660.740.49-0.660.820.990.990.59-0.170.990.240.160.82-0.76-0.61-0.73
0.880.33-0.71-0.64-0.50.96-0.68-0.95-0.74-0.66-0.310.181.0-0.77-0.63-0.650.10.74-0.58-0.550.62-0.770.870.990.93
0.110.750.650.670.9-0.090.680.470.160.74-0.310.63-0.310.390.720.750.810.40.81-0.150.450.39-0.2-0.19-0.2
0.330.860.410.440.630.270.440.050.080.490.180.630.180.120.530.540.930.560.59-0.380.810.12-0.010.220.07
0.880.33-0.71-0.64-0.50.96-0.68-0.95-0.74-0.661.0-0.310.18-0.77-0.63-0.650.10.74-0.58-0.550.62-0.770.870.990.93
-0.710.010.890.690.68-0.780.860.890.890.82-0.770.390.12-0.770.810.810.17-0.480.760.73-0.211.0-0.93-0.74-0.89
-0.460.450.980.880.94-0.580.980.830.750.99-0.630.720.53-0.630.811.00.63-0.140.990.20.20.81-0.75-0.59-0.71
-0.460.460.980.90.95-0.580.990.830.730.99-0.650.750.54-0.650.811.00.64-0.130.990.20.190.81-0.74-0.6-0.71
0.350.940.510.480.760.230.530.140.060.590.10.810.930.10.170.630.640.630.7-0.420.820.17-0.010.170.05
0.940.81-0.26-0.230.110.87-0.23-0.59-0.64-0.170.740.40.560.74-0.48-0.14-0.130.63-0.03-0.620.87-0.480.720.820.78
-0.360.540.960.90.98-0.490.970.790.670.99-0.580.810.59-0.580.760.990.990.7-0.030.140.270.76-0.67-0.52-0.63
-0.64-0.480.340.150.06-0.630.30.520.590.24-0.55-0.15-0.38-0.550.730.20.2-0.42-0.620.14-0.560.73-0.68-0.55-0.65
0.710.930.070.090.350.670.11-0.38-0.270.160.620.450.810.62-0.210.20.190.820.870.27-0.56-0.210.410.670.51
-0.710.010.890.690.68-0.780.860.890.890.82-0.770.390.12-0.771.00.810.810.17-0.480.760.73-0.21-0.93-0.74-0.89
0.910.22-0.83-0.69-0.550.93-0.8-0.92-0.94-0.760.87-0.2-0.010.87-0.93-0.75-0.74-0.010.72-0.67-0.680.41-0.930.890.99
0.930.42-0.68-0.62-0.420.98-0.65-0.93-0.78-0.610.99-0.190.220.99-0.74-0.59-0.60.170.82-0.52-0.550.67-0.740.890.95
0.940.29-0.8-0.68-0.520.97-0.77-0.95-0.91-0.730.93-0.20.070.93-0.89-0.71-0.710.050.78-0.63-0.650.51-0.890.990.95
Click cells to compare fundamentals

SmartRent Account Relationship Matchups

SmartRent fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding921K10.4M193.9M195.6M200.7M101.9M
Total Assets47.5M103.8M579.7M560.8M509.8M427.8M
Short Long Term Debt Total153.3M17.3M4.8M1.3M1.2M1.1M
Other Current Liab12.0M46.5M22.2M34.4M25.0M30.9M
Total Current Liabilities21.3M32.8M70.6M132.8M117.3M86.1M
Total Stockholder Equity1.8M33.2M449.5M364.2M342.4M201.5M
Property Plant And Equipment Net2.1M1.8M1.9M2.1M4.0M3.8M
Net Debt(4.2M)(33.8M)(430.8M)(210.4M)(215.2M)(204.5M)
Retained Earnings(45.5M)(82.6M)(154.6M)(250.9M)(285.5M)(271.2M)
Accounts Payable1.7M2.3M6.1M18.4M15.1M28.9M
Cash21.4M38.6M430.8M210.4M215.2M147.1M
Non Current Assets Total7.3M16.2M43.7M182.5M169.4M116.1M
Non Currrent Assets Other5.1M10.3M29.1M32.0M13.1M21.8M
Cash And Short Term Investments21.4M38.6M430.8M210.4M215.2M147.1M
Common Stock Total Equity484K863.019K20K18K17.1K
Liabilities And Stockholders Equity47.5M103.8M579.7M560.8M509.8M427.8M
Non Current Liabilities Total24.4M37.8M59.6M63.9M50.0M78.4M
Inventory6.3M17.6M33.2M75.7M41.6M80.1M
Other Current Assets5.6M10.6M26.5M29.8M21.6M23.4M
Other Stockholder Equity1.1M4.2M604.1M615.3M628.2M385.3M
Total Liab45.7M70.7M130.2M196.6M167.3M164.5M
Property Plant And Equipment Gross458.2M2.1M5.6M7.7M6.4M6.1M
Total Current Assets40.2M87.7M536.0M378.4M340.3M311.6M
Accumulated Other Comprehensive Income(275.9M)235K9K(176K)(216K)(226.8K)
Common Stock484K863.019K20K18K17.1K

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Additional Tools for SmartRent Stock Analysis

When running SmartRent's price analysis, check to measure SmartRent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.