SMX Long Term Debt vs Long Term Investments 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 Long Term Debt and its Long Term Investments 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.

Long Term Debt vs Long Term Investments

Long Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SMX Public Limited Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between SMX Public's Long Term Debt and Long Term Investments is 0.81. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments 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 Long Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of SMX Public Limited are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt i.e., SMX Public's Long Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

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Long Term Debt

Long-term debt is a debt that SMX Public Limited has held for over one year. Long-term debt appears on SMX Public Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on SMX Public Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Long Term Investments

Long Term Investments is an item on the asset side of SMX Public balance sheet that represents investments SMX Public Limited intends to hold for over a year. SMX Public Limited long term investments may include different instruments such as stocks, bonds, real estate and cash.

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 Amortization	315K	290K	227K	210.2K
Interest Income	237K	28K	1.6M	1.7M

Depreciation And Amortization Interest Income

SMX Public fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Total Liab	Net Invested Capital
Other Current Liab		0.99	-0.86	0.69	-0.97	0.98	0.68	0.2	-0.4	0.86	0.69	0.98	0.66	0.57	-0.9	0.98	0.84	-0.92	0.98	-0.92	-0.86	0.28	-0.9	0.12	0.97	0.89
Total Current Liabilities	0.99		-0.81	0.59	-0.95	1.0	0.59	0.32	-0.51	0.82	0.61	0.99	0.69	0.53	-0.95	1.0	0.87	-0.94	0.99	-0.94	-0.8	0.32	-0.89	0.14	0.99	0.88
Other Liab	-0.86	-0.81		-0.85	0.88	-0.82	-0.75	0.0	-0.01	-0.82	-0.8	-0.77	-0.69	-0.35	0.72	-0.81	-0.79	0.82	-0.77	0.82	0.8	-0.44	0.88	-0.34	-0.82	-0.74
Net Tangible Assets	0.69	0.59	-0.85		-0.79	0.6	0.93	-0.15	0.34	0.86	0.98	0.53	0.66	0.25	-0.51	0.58	0.66	-0.66	0.52	-0.66	-0.66	0.45	-0.73	0.46	0.61	0.64
Retained Earnings	-0.97	-0.95	0.88	-0.79		-0.95	-0.8	-0.16	0.25	-0.92	-0.81	-0.92	-0.78	-0.44	0.88	-0.95	-0.91	0.95	-0.91	0.95	0.84	-0.45	0.95	-0.32	-0.96	-0.87
Accounts Payable	0.98	1.0	-0.82	0.6	-0.95		0.6	0.32	-0.5	0.83	0.61	0.99	0.71	0.52	-0.95	1.0	0.88	-0.95	0.99	-0.95	-0.8	0.34	-0.9	0.16	0.99	0.88
Net Receivables	0.68	0.59	-0.75	0.93	-0.8	0.6		-0.09	0.32	0.79	0.95	0.52	0.68	0.1	-0.52	0.58	0.7	-0.68	0.52	-0.68	-0.62	0.55	-0.77	0.53	0.62	0.54
Other Stockholder Equity	0.2	0.32	0.0	-0.15	-0.16	0.32	-0.09		-0.51	0.08	-0.18	0.3	0.41	-0.15	-0.58	0.31	0.41	-0.38	0.31	-0.38	0.31	0.33	-0.06	0.17	0.37	0.14
Total Current Assets	-0.4	-0.51	-0.01	0.34	0.25	-0.5	0.32	-0.51		-0.13	0.3	-0.58	-0.02	-0.57	0.54	-0.52	-0.22	0.33	-0.59	0.33	0.23	0.31	0.15	0.49	-0.46	-0.46
Common Stock	0.86	0.82	-0.82	0.86	-0.92	0.83	0.79	0.08	-0.13		0.89	0.79	0.77	0.51	-0.77	0.82	0.81	-0.85	0.78	-0.85	-0.77	0.38	-0.82	0.34	0.83	0.92
Property Plant Equipment	0.69	0.61	-0.8	0.98	-0.81	0.61	0.95	-0.18	0.3	0.89		0.54	0.71	0.25	-0.52	0.6	0.7	-0.69	0.53	-0.69	-0.7	0.49	-0.77	0.51	0.63	0.67
Total Assets	0.98	0.99	-0.77	0.53	-0.92	0.99	0.52	0.3	-0.58	0.79	0.54		0.6	0.61	-0.93	0.99	0.81	-0.9	1.0	-0.9	-0.81	0.2	-0.84	0.02	0.97	0.89
Short Long Term Debt Total	0.66	0.69	-0.69	0.66	-0.78	0.71	0.68	0.41	-0.02	0.77	0.71	0.6		-0.08	-0.79	0.69	0.95	-0.89	0.6	-0.89	-0.4	0.86	-0.8	0.79	0.78	0.59
Total Stockholder Equity	0.57	0.53	-0.35	0.25	-0.44	0.52	0.1	-0.15	-0.57	0.51	0.25	0.61	-0.08		-0.36	0.54	0.12	-0.28	0.62	-0.28	-0.67	-0.57	-0.26	-0.62	0.43	0.76
Property Plant And Equipment Net	-0.9	-0.95	0.72	-0.51	0.88	-0.95	-0.52	-0.58	0.54	-0.77	-0.52	-0.93	-0.79	-0.36		-0.95	-0.92	0.96	-0.93	0.96	0.59	-0.46	0.81	-0.27	-0.97	-0.81
Current Deferred Revenue	0.98	1.0	-0.81	0.58	-0.95	1.0	0.58	0.31	-0.52	0.82	0.6	0.99	0.69	0.54	-0.95		0.87	-0.94	0.99	-0.94	-0.81	0.31	-0.89	0.13	0.99	0.89
Net Debt	0.84	0.87	-0.79	0.66	-0.91	0.88	0.7	0.41	-0.22	0.81	0.7	0.81	0.95	0.12	-0.92	0.87		-0.98	0.81	-0.98	-0.59	0.73	-0.92	0.59	0.93	0.72
Cash	-0.92	-0.94	0.82	-0.66	0.95	-0.95	-0.68	-0.38	0.33	-0.85	-0.69	-0.9	-0.89	-0.28	0.96	-0.94	-0.98		-0.9	1.0	0.69	-0.6	0.94	-0.45	-0.98	-0.81
Non Current Assets Total	0.98	0.99	-0.77	0.52	-0.91	0.99	0.52	0.31	-0.59	0.78	0.53	1.0	0.6	0.62	-0.93	0.99	0.81	-0.9		-0.9	-0.8	0.2	-0.84	0.01	0.97	0.89
Cash And Short Term Investments	-0.92	-0.94	0.82	-0.66	0.95	-0.95	-0.68	-0.38	0.33	-0.85	-0.69	-0.9	-0.89	-0.28	0.96	-0.94	-0.98	1.0	-0.9		0.69	-0.6	0.94	-0.45	-0.98	-0.81
Common Stock Shares Outstanding	-0.86	-0.8	0.8	-0.66	0.84	-0.8	-0.62	0.31	0.23	-0.77	-0.7	-0.81	-0.4	-0.67	0.59	-0.81	-0.59	0.69	-0.8	0.69		-0.06	0.83	0.02	-0.75	-0.81
Non Current Liabilities Total	0.28	0.32	-0.44	0.45	-0.45	0.34	0.55	0.33	0.31	0.38	0.49	0.2	0.86	-0.57	-0.46	0.31	0.73	-0.6	0.2	-0.6	-0.06		-0.59	0.96	0.44	0.1
Capital Lease Obligations	-0.9	-0.89	0.88	-0.73	0.95	-0.9	-0.77	-0.06	0.15	-0.82	-0.77	-0.84	-0.8	-0.26	0.81	-0.89	-0.92	0.94	-0.84	0.94	0.83	-0.59		-0.46	-0.92	-0.74
Other Current Assets	0.12	0.14	-0.34	0.46	-0.32	0.16	0.53	0.17	0.49	0.34	0.51	0.02	0.79	-0.62	-0.27	0.13	0.59	-0.45	0.01	-0.45	0.02	0.96	-0.46		0.26	0.02
Total Liab	0.97	0.99	-0.82	0.61	-0.96	0.99	0.62	0.37	-0.46	0.83	0.63	0.97	0.78	0.43	-0.97	0.99	0.93	-0.98	0.97	-0.98	-0.75	0.44	-0.92	0.26		0.86
Net Invested Capital	0.89	0.88	-0.74	0.64	-0.87	0.88	0.54	0.14	-0.46	0.92	0.67	0.89	0.59	0.76	-0.81	0.89	0.72	-0.81	0.89	-0.81	-0.81	0.1	-0.74	0.02	0.86

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SMX Public Account Relationship Matchups

SMX Public fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	26.4K	535K	643K	600K	2.6M	2.7M
Total Current Liabilities	1.0M	1.4M	1.9M	4.9M	18.0M	18.9M
Retained Earnings	(14.3M)	(18.9M)	(23.8M)	(30.0M)	(50.9M)	(48.4M)
Accounts Payable	192.3K	515K	916K	3.0M	10.5M	11.0M
Net Receivables	275.2K	417K	396K	444K	405K	387.5K
Other Stockholder Equity	2.3M	2.9M	(143.8M)	32.7M	29.4M	30.9M
Total Current Assets	2.0M	4.8M	5.1M	5.1M	802K	761.9K
Common Stock	15.0M	21.9M	28.2M	32.7M	62.9M	31.5M

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SMX Long Term Debt vs Long Term Investments Analysis

Long Term Debt vs Long Term Investments

Long Term Debt vs Long Term Investments Correlation Analysis

Correlation Coefficient

Long Term Debt

Long Term Investments

SMX Public fundamental ratios Correlations

SMX Public Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SMX Public fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Current Deferred Revenue	+ 1.0	Accounts Payable
Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Other Current Liab

Total Liab	- 0.98	Cash And Short Term Investments
Total Liab	- 0.98	Cash
Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Total Liab	- 0.97	Property Plant And Equipment Net
Retained Earnings	- 0.97	Other Current Liab