SMX Intangible Assets vs Capital Stock Analysis

SMX Stock   0.23  0.03  11.54%   
SMX Public financial indicator trend analysis is much more than just breaking down SMX Public Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SMX Public Limited is a good investment. Please check the relationship between SMX Public Intangible Assets and its Capital Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SMX Public Limited. 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.

Intangible Assets vs Capital Stock

Intangible Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SMX Public Limited Intangible Assets account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SMX Public's Intangible Assets and Capital Stock is 0.9. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of SMX Public Limited, assuming nothing else is changed. The correlation between historical values of SMX Public's Intangible Assets and Capital 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 Intangible Assets of SMX Public Limited are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Intangible Assets i.e., SMX Public's Intangible Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from SMX Public's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SMX Public Limited 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 SMX Public Limited. 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.
Selling General Administrative is likely to rise to about 17.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization315K290K227K210.2K
Interest Income237K28K1.6M1.7M

SMX Public fundamental ratios Correlations

0.99-0.860.69-0.970.980.680.2-0.40.860.690.980.660.57-0.90.980.84-0.920.98-0.92-0.860.28-0.90.120.970.89
0.99-0.810.59-0.951.00.590.32-0.510.820.610.990.690.53-0.951.00.87-0.940.99-0.94-0.80.32-0.890.140.990.88
-0.86-0.81-0.850.88-0.82-0.750.0-0.01-0.82-0.8-0.77-0.69-0.350.72-0.81-0.790.82-0.770.820.8-0.440.88-0.34-0.82-0.74
0.690.59-0.85-0.790.60.93-0.150.340.860.980.530.660.25-0.510.580.66-0.660.52-0.66-0.660.45-0.730.460.610.64
-0.97-0.950.88-0.79-0.95-0.8-0.160.25-0.92-0.81-0.92-0.78-0.440.88-0.95-0.910.95-0.910.950.84-0.450.95-0.32-0.96-0.87
0.981.0-0.820.6-0.950.60.32-0.50.830.610.990.710.52-0.951.00.88-0.950.99-0.95-0.80.34-0.90.160.990.88
0.680.59-0.750.93-0.80.6-0.090.320.790.950.520.680.1-0.520.580.7-0.680.52-0.68-0.620.55-0.770.530.620.54
0.20.320.0-0.15-0.160.32-0.09-0.510.08-0.180.30.41-0.15-0.580.310.41-0.380.31-0.380.310.33-0.060.170.370.14
-0.4-0.51-0.010.340.25-0.50.32-0.51-0.130.3-0.58-0.02-0.570.54-0.52-0.220.33-0.590.330.230.310.150.49-0.46-0.46
0.860.82-0.820.86-0.920.830.790.08-0.130.890.790.770.51-0.770.820.81-0.850.78-0.85-0.770.38-0.820.340.830.92
0.690.61-0.80.98-0.810.610.95-0.180.30.890.540.710.25-0.520.60.7-0.690.53-0.69-0.70.49-0.770.510.630.67
0.980.99-0.770.53-0.920.990.520.3-0.580.790.540.60.61-0.930.990.81-0.91.0-0.9-0.810.2-0.840.020.970.89
0.660.69-0.690.66-0.780.710.680.41-0.020.770.710.6-0.08-0.790.690.95-0.890.6-0.89-0.40.86-0.80.790.780.59
0.570.53-0.350.25-0.440.520.1-0.15-0.570.510.250.61-0.08-0.360.540.12-0.280.62-0.28-0.67-0.57-0.26-0.620.430.76
-0.9-0.950.72-0.510.88-0.95-0.52-0.580.54-0.77-0.52-0.93-0.79-0.36-0.95-0.920.96-0.930.960.59-0.460.81-0.27-0.97-0.81
0.981.0-0.810.58-0.951.00.580.31-0.520.820.60.990.690.54-0.950.87-0.940.99-0.94-0.810.31-0.890.130.990.89
0.840.87-0.790.66-0.910.880.70.41-0.220.810.70.810.950.12-0.920.87-0.980.81-0.98-0.590.73-0.920.590.930.72
-0.92-0.940.82-0.660.95-0.95-0.68-0.380.33-0.85-0.69-0.9-0.89-0.280.96-0.94-0.98-0.91.00.69-0.60.94-0.45-0.98-0.81
0.980.99-0.770.52-0.910.990.520.31-0.590.780.531.00.60.62-0.930.990.81-0.9-0.9-0.80.2-0.840.010.970.89
-0.92-0.940.82-0.660.95-0.95-0.68-0.380.33-0.85-0.69-0.9-0.89-0.280.96-0.94-0.981.0-0.90.69-0.60.94-0.45-0.98-0.81
-0.86-0.80.8-0.660.84-0.8-0.620.310.23-0.77-0.7-0.81-0.4-0.670.59-0.81-0.590.69-0.80.69-0.060.830.02-0.75-0.81
0.280.32-0.440.45-0.450.340.550.330.310.380.490.20.86-0.57-0.460.310.73-0.60.2-0.6-0.06-0.590.960.440.1
-0.9-0.890.88-0.730.95-0.9-0.77-0.060.15-0.82-0.77-0.84-0.8-0.260.81-0.89-0.920.94-0.840.940.83-0.59-0.46-0.92-0.74
0.120.14-0.340.46-0.320.160.530.170.490.340.510.020.79-0.62-0.270.130.59-0.450.01-0.450.020.96-0.460.260.02
0.970.99-0.820.61-0.960.990.620.37-0.460.830.630.970.780.43-0.970.990.93-0.980.97-0.98-0.750.44-0.920.260.86
0.890.88-0.740.64-0.870.880.540.14-0.460.920.670.890.590.76-0.810.890.72-0.810.89-0.81-0.810.1-0.740.020.86
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SMX Public Account Relationship Matchups

SMX Public fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab26.4K535K643K600K2.6M2.7M
Total Current Liabilities1.0M1.4M1.9M4.9M18.0M18.9M
Retained Earnings(14.3M)(18.9M)(23.8M)(30.0M)(50.9M)(48.4M)
Accounts Payable192.3K515K916K3.0M10.5M11.0M
Net Receivables275.2K417K396K444K405K387.5K
Other Stockholder Equity2.3M2.9M(143.8M)32.7M29.4M30.9M
Total Current Assets2.0M4.8M5.1M5.1M802K761.9K
Common Stock15.0M21.9M28.2M32.7M62.9M31.5M

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When running SMX Public's price analysis, check to measure SMX Public'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 SMX Public is operating at the current time. Most of SMX Public's value examination focuses on studying past and present price action to predict the probability of SMX Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SMX Public's price. Additionally, you may evaluate how the addition of SMX Public to your portfolios can decrease your overall portfolio volatility.