Smart Other Liab vs Total Assets Analysis
SND Stock | USD 2.42 0.10 4.31% |
Smart Sand financial indicator trend analysis is much more than just breaking down Smart Sand prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smart Sand is a good investment. Please check the relationship between Smart Sand Other Liab and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smart Sand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.
Other Liab vs Total Assets
Other Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart Sand Other Liab account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Smart Sand's Other Liab and Total Assets is 0.98. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Smart Sand, assuming nothing else is changed. The correlation between historical values of Smart Sand's Other Liab and Total Assets 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 Smart Sand are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Liab i.e., Smart Sand's Other Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Liab
Total Assets
Total assets refers to the total amount of Smart Sand assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Smart Sand books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Smart Sand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smart Sand 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 Smart Sand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.18, whereas Selling General Administrative is forecasted to decline to about 24.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 1.6M | 1.3M | 1.2M | Depreciation And Amortization | 26.2M | 27.3M | 28.3M | 14.4M |
Smart Sand fundamental ratios Correlations
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Smart Sand Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Smart Sand fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 361.6M | 427.7M | 374.0M | 360.0M | 346.3M | 313.8M | |
Short Long Term Debt Total | 63.0M | 63.4M | 55.2M | 44.5M | 43.8M | 49.4M | |
Other Current Liab | 9.1M | 2.9M | 10.1M | 323K | (615K) | (584.3K) | |
Total Current Liabilities | 40.0M | 37.3M | 48.6M | 51.9M | 54.5M | 39.9M | |
Total Stockholder Equity | 244.1M | 288.8M | 241.2M | 243.5M | 242.3M | 198.4M | |
Other Liab | 34.1M | 52.1M | 45.3M | 37.2M | 42.7M | 32.2M | |
Net Tangible Assets | 236.5M | 280.6M | 233.7M | 236.8M | 272.3M | 184.9M | |
Property Plant And Equipment Net | 258.6M | 306.8M | 292.3M | 284.9M | 278.4M | 235.4M | |
Current Deferred Revenue | 7.7M | 6.9M | 9.8M | 7.0M | 1.2M | 1.1M | |
Net Debt | 60.4M | 51.7M | 29.6M | 39.0M | 37.7M | 34.2M | |
Retained Earnings | 81.9M | 121.3M | 70.6M | 69.9M | 74.5M | 55.5M | |
Accounts Payable | 4.0M | 3.3M | 8.5M | 14.4M | 16.0M | 9.7M | |
Cash | 2.6M | 11.7M | 25.6M | 5.5M | 6.1M | 11.1M | |
Non Current Assets Total | 271.2M | 315.6M | 300.2M | 291.9M | 284.4M | 244.3M | |
Non Currrent Assets Other | 3.5M | 563K | 402K | 303K | 163K | 154.9K | |
Other Assets | 15.0M | 32.7M | 9.1M | 22.9M | 26.3M | 15.2M | |
Long Term Debt | 27.8M | 22.4M | 15.4M | 9.3M | 2.9M | 2.8M | |
Cash And Short Term Investments | 2.6M | 11.7M | 25.6M | 5.5M | 6.1M | 11.1M | |
Net Receivables | 64.8M | 69.8M | 19.4M | 35.8M | 26.6M | 31.7M | |
Common Stock Shares Outstanding | 40.3M | 40.3M | 41.8M | 42.4M | 39.0M | 40.2M | |
Liabilities And Stockholders Equity | 361.6M | 427.7M | 374.0M | 360.0M | 346.3M | 313.8M | |
Non Current Liabilities Total | 77.4M | 101.6M | 84.3M | 64.6M | 49.6M | 54.9M | |
Inventory | 21.4M | 19.1M | 15.0M | 20.2M | 26.8M | 16.9M | |
Other Current Assets | 1.5M | 12.2M | 13.9M | 9.1M | 2.4M | 2.3M | |
Other Stockholder Equity | 162.2M | 167.1M | 170.0M | 173.3M | 167.7M | 150.1M | |
Total Liab | 117.5M | 138.9M | 132.9M | 116.5M | 104.0M | 115.4M | |
Property Plant And Equipment Gross | 253.7M | 306.8M | 292.3M | 284.9M | 437.5M | 250.4M | |
Short Long Term Debt | 6.1M | 6.8M | 7.0M | 5.8M | 15.5M | 16.2M | |
Total Current Assets | 90.4M | 112.1M | 73.9M | 68.1M | 61.9M | 69.5M | |
Accumulated Other Comprehensive Income | (41K) | 423K | 574K | 227K | (35K) | (36.8K) | |
Treasury Stock | (2.8M) | (3.0M) | (4.1M) | (4.5M) | (4.1M) | (3.9M) | |
Short Term Debt | 19.3M | 21.2M | 16.2M | 28.4M | 37.0M | 38.9M | |
Property Plant Equipment | 247.2M | 274.7M | 262.5M | 262.3M | 301.7M | 212.6M | |
Capital Surpluse | 162.2M | 165.2M | 171.2M | 174.5M | 200.7M | 152.3M | |
Retained Earnings Total Equity | 50.3M | 81.9M | 121.3M | 70.6M | 81.2M | 67.0M | |
Capital Lease Obligations | 29.2M | 34.6M | 33.1M | 29.4M | 25.4M | 21.2M |
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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.When determining whether Smart Sand is a strong investment it is important to analyze Smart Sand'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 Smart Sand's future performance. For an informed investment choice regarding Smart 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 Smart Sand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Oil & Gas Equipment & Services 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 Smart Sand. If investors know Smart 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 Smart Sand 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 1.931 | Earnings Share (0.14) | Revenue Per Share 7.688 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0022 |
The market value of Smart Sand is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Sand's value that differs from its market value or its book value, called intrinsic value, which is Smart Sand'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 Smart Sand's market value can be influenced by many factors that don't directly affect Smart Sand'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 Smart Sand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Sand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Sand'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.