Smart Other Stockholder Equity vs Net Receivables 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 Stockholder Equity and its Net Receivables 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 Stockholder Equity vs Net Receivables

Other Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart Sand Other Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Smart Sand's Other Stockholder Equity and Net Receivables is 0.64. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables 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 Stockholder Equity and Net Receivables 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 Stockholder Equity of Smart Sand are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., Smart Sand's Other Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Net Receivables

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 Expense2.0M1.6M1.3M1.2M
Depreciation And Amortization26.2M27.3M28.3M14.4M

Smart Sand fundamental ratios Correlations

-0.08-0.080.770.970.980.970.990.02-0.130.980.480.180.99-0.350.88-0.690.180.820.91-0.260.860.750.890.250.79
-0.080.02-0.05-0.3-0.1-0.32-0.020.730.970.0-0.59-0.85-0.01-0.01-0.050.68-0.850.12-0.160.90.0-0.01-0.520.910.19
-0.080.020.34-0.090.05-0.1-0.080.19-0.05-0.11-0.130.15-0.060.88-0.080.140.15-0.130.2-0.13-0.340.02-0.060.050.04
0.77-0.050.340.730.810.740.80.02-0.090.720.520.130.79-0.030.7-0.60.130.510.89-0.380.610.590.670.280.86
0.97-0.3-0.090.730.951.00.95-0.14-0.340.940.560.360.94-0.330.85-0.810.360.770.89-0.450.840.690.970.020.71
0.98-0.10.050.810.950.950.970.0-0.160.950.460.220.98-0.240.9-0.680.220.740.91-0.290.810.760.880.240.78
0.97-0.32-0.10.741.00.950.94-0.17-0.350.940.580.360.94-0.340.86-0.830.360.760.88-0.480.850.680.960.00.72
0.99-0.02-0.080.80.950.970.940.06-0.060.960.490.11.0-0.370.88-0.650.10.780.91-0.210.870.750.850.320.81
0.020.730.190.02-0.140.0-0.170.060.650.07-0.56-0.430.070.09-0.120.5-0.430.12-0.070.73-0.090.36-0.310.710.14
-0.130.97-0.05-0.09-0.34-0.16-0.35-0.060.65-0.06-0.5-0.95-0.05-0.01-0.040.72-0.950.09-0.190.890.02-0.13-0.550.870.11
0.980.0-0.110.720.940.950.940.960.07-0.060.380.120.96-0.370.91-0.640.120.890.85-0.180.850.740.820.30.8
0.48-0.59-0.130.520.560.460.580.49-0.56-0.50.380.330.48-0.330.44-0.650.330.210.64-0.610.40.280.66-0.290.22
0.18-0.850.150.130.360.220.360.1-0.43-0.950.120.330.090.040.01-0.691.0-0.050.19-0.78-0.070.30.53-0.73-0.01
0.99-0.01-0.060.790.940.980.941.00.07-0.050.960.480.09-0.350.88-0.640.090.780.92-0.210.870.740.850.330.8
-0.35-0.010.88-0.03-0.33-0.24-0.34-0.370.09-0.01-0.37-0.330.04-0.35-0.270.350.04-0.26-0.12-0.08-0.45-0.36-0.26-0.15-0.28
0.88-0.05-0.080.70.850.90.860.88-0.12-0.040.910.440.010.88-0.27-0.570.010.790.79-0.220.840.590.750.240.7
-0.690.680.14-0.6-0.81-0.68-0.83-0.650.50.72-0.64-0.65-0.69-0.640.35-0.57-0.69-0.43-0.660.82-0.59-0.47-0.890.41-0.57
0.18-0.850.150.130.360.220.360.1-0.43-0.950.120.331.00.090.040.01-0.69-0.050.19-0.78-0.070.30.53-0.73-0.01
0.820.12-0.130.510.770.740.760.780.120.090.890.21-0.050.78-0.260.79-0.43-0.050.68-0.020.710.50.640.320.65
0.91-0.160.20.890.890.910.880.91-0.07-0.190.850.640.190.92-0.120.79-0.660.190.68-0.390.690.660.850.210.74
-0.260.9-0.13-0.38-0.45-0.29-0.48-0.210.730.89-0.18-0.61-0.78-0.21-0.08-0.220.82-0.78-0.02-0.39-0.21-0.03-0.640.77-0.17
0.860.0-0.340.610.840.810.850.87-0.090.020.850.4-0.070.87-0.450.84-0.59-0.070.710.69-0.210.420.740.20.72
0.75-0.010.020.590.690.760.680.750.36-0.130.740.280.30.74-0.360.59-0.470.30.50.66-0.030.420.610.340.57
0.89-0.52-0.060.670.970.880.960.85-0.31-0.550.820.660.530.85-0.260.75-0.890.530.640.85-0.640.740.61-0.210.58
0.250.910.050.280.020.240.00.320.710.870.3-0.29-0.730.33-0.150.240.41-0.730.320.210.770.20.34-0.210.45
0.790.190.040.860.710.780.720.810.140.110.80.22-0.010.8-0.280.7-0.57-0.010.650.74-0.170.720.570.580.45
Click cells to compare fundamentals

Smart Sand Account Relationship Matchups

Smart Sand fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets361.6M427.7M374.0M360.0M346.3M313.8M
Short Long Term Debt Total63.0M63.4M55.2M44.5M43.8M49.4M
Other Current Liab9.1M2.9M10.1M323K(615K)(584.3K)
Total Current Liabilities40.0M37.3M48.6M51.9M54.5M39.9M
Total Stockholder Equity244.1M288.8M241.2M243.5M242.3M198.4M
Other Liab34.1M52.1M45.3M37.2M42.7M32.2M
Net Tangible Assets236.5M280.6M233.7M236.8M272.3M184.9M
Property Plant And Equipment Net258.6M306.8M292.3M284.9M278.4M235.4M
Current Deferred Revenue7.7M6.9M9.8M7.0M1.2M1.1M
Net Debt60.4M51.7M29.6M39.0M37.7M34.2M
Retained Earnings81.9M121.3M70.6M69.9M74.5M55.5M
Accounts Payable4.0M3.3M8.5M14.4M16.0M9.7M
Cash2.6M11.7M25.6M5.5M6.1M11.1M
Non Current Assets Total271.2M315.6M300.2M291.9M284.4M244.3M
Non Currrent Assets Other3.5M563K402K303K163K154.9K
Other Assets15.0M32.7M9.1M22.9M26.3M15.2M
Long Term Debt27.8M22.4M15.4M9.3M2.9M2.8M
Cash And Short Term Investments2.6M11.7M25.6M5.5M6.1M11.1M
Net Receivables64.8M69.8M19.4M35.8M26.6M31.7M
Common Stock Shares Outstanding40.3M40.3M41.8M42.4M39.0M40.2M
Liabilities And Stockholders Equity361.6M427.7M374.0M360.0M346.3M313.8M
Non Current Liabilities Total77.4M101.6M84.3M64.6M49.6M54.9M
Inventory21.4M19.1M15.0M20.2M26.8M16.9M
Other Current Assets1.5M12.2M13.9M9.1M2.4M2.3M
Other Stockholder Equity162.2M167.1M170.0M173.3M167.7M150.1M
Total Liab117.5M138.9M132.9M116.5M104.0M115.4M
Property Plant And Equipment Gross253.7M306.8M292.3M284.9M437.5M250.4M
Short Long Term Debt6.1M6.8M7.0M5.8M15.5M16.2M
Total Current Assets90.4M112.1M73.9M68.1M61.9M69.5M
Accumulated Other Comprehensive Income(41K)423K574K227K(35K)(36.8K)
Treasury Stock(2.8M)(3.0M)(4.1M)(4.5M)(4.1M)(3.9M)
Short Term Debt19.3M21.2M16.2M28.4M37.0M38.9M
Property Plant Equipment247.2M274.7M262.5M262.3M301.7M212.6M
Capital Surpluse162.2M165.2M171.2M174.5M200.7M152.3M
Retained Earnings Total Equity50.3M81.9M121.3M70.6M81.2M67.0M
Capital Lease Obligations29.2M34.6M33.1M29.4M25.4M21.2M

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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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.