SMX Short Term Debt vs Property Plant Equipment 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 Short Term Debt and its Property Plant Equipment 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.

Short Term Debt vs Property Plant Equipment

Short Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SMX Public Limited Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between SMX Public's Short Term Debt and Property Plant Equipment is 0.6. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment 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 Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of SMX Public Limited are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., SMX Public's Short Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Property Plant Equipment

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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for SMX Stock Analysis

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.