Smith Historical Balance Sheet

SNN Stock  USD 25.15  0.16  0.63%   
Trend analysis of Smith Nephew SNATS balance sheet accounts such as Property Plant And Equipment Net of 746.7 M, Current Deferred Revenue of 228.9 M, Net Debt of 2.9 B or Retained Earnings of 5.2 B provides information on Smith Nephew's total assets, liabilities, and equity, which is the actual value of Smith Nephew SNATS to its prevalent stockholders. By breaking down trends over time using Smith Nephew balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Smith Nephew SNATS latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Smith Nephew SNATS is a good buy for the upcoming year.

Smith Nephew Inventory

2.51 Billion

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Nephew SNATS. 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.

About Smith Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Smith Nephew SNATS at a specified time, usually calculated after every quarter, six months, or one year. Smith Nephew Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Smith Nephew and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Smith currently owns. An asset can also be divided into two categories, current and non-current.

Smith Nephew Balance Sheet Chart

At this time, Smith Nephew's Retained Earnings are very stable compared to the past year. As of the 25th of November 2024, Accounts Payable is likely to grow to about 1.1 B, though Other Current Liabilities is likely to grow to (155.8 M).

Total Assets

Total assets refers to the total amount of Smith Nephew 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 Smith Nephew SNATS 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.

Total Current Liabilities

Total Current Liabilities is an item on Smith Nephew balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Smith Nephew SNATS are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Smith Nephew's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Smith Nephew SNATS current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Smith Nephew SNATS. 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.
At this time, Smith Nephew's Retained Earnings are very stable compared to the past year. As of the 25th of November 2024, Accounts Payable is likely to grow to about 1.1 B, though Other Current Liabilities is likely to grow to (155.8 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total3.3B2.9B3.1B3.2B
Total Assets10.9B10.0B10.0B10.5B

Smith Nephew balance sheet Correlations

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0.91-0.30.860.760.76-0.20.920.740.760.660.86-0.40.580.65-0.26-0.840.980.87-0.280.480.980.930.690.340.46
-0.07-0.3-0.30.030.11-0.47-0.320.060.02-0.110.0-0.37-0.37-0.120.510.08-0.25-0.35-0.18-0.12-0.15-0.22-0.740.060.48
0.920.86-0.30.880.730.020.880.870.90.40.89-0.110.730.39-0.12-0.750.830.96-0.080.390.890.930.790.640.4
0.960.760.030.880.84-0.190.740.990.980.420.96-0.090.750.390.08-0.680.790.86-0.060.210.860.910.450.790.69
0.870.760.110.730.84-0.420.670.840.810.570.83-0.360.620.55-0.13-0.680.770.72-0.150.280.830.840.350.560.67
-0.23-0.2-0.470.02-0.19-0.420.1-0.18-0.11-0.7-0.140.51-0.12-0.690.050.16-0.230.110.1-0.06-0.24-0.250.20.06-0.35
0.860.92-0.320.880.740.670.10.730.80.320.86-0.270.480.31-0.13-0.850.910.93-0.330.490.910.830.660.40.46
0.950.740.060.870.990.84-0.180.730.970.40.95-0.110.740.380.05-0.650.770.860.010.160.850.910.450.810.67
0.950.760.020.90.980.81-0.110.80.970.310.97-0.070.670.290.15-0.720.80.89-0.130.280.860.880.460.790.7
0.550.66-0.110.40.420.57-0.70.320.40.310.42-0.450.51.0-0.38-0.420.630.32-0.060.220.630.660.40.060.25
0.980.860.00.890.960.83-0.140.860.950.970.42-0.190.630.40.08-0.780.890.9-0.210.320.940.920.480.690.74
-0.25-0.4-0.37-0.11-0.09-0.360.51-0.27-0.11-0.07-0.45-0.190.17-0.460.220.45-0.33-0.10.33-0.35-0.38-0.240.020.33-0.18
0.70.58-0.370.730.750.62-0.120.480.740.670.50.630.170.49-0.39-0.40.560.720.28-0.030.610.780.630.580.17
0.530.65-0.120.390.390.55-0.690.310.380.291.00.4-0.460.49-0.39-0.420.620.31-0.060.230.620.650.40.030.23
-0.04-0.260.51-0.120.08-0.130.05-0.130.050.15-0.380.080.22-0.39-0.39-0.01-0.17-0.16-0.40.12-0.14-0.19-0.460.280.46
-0.79-0.840.08-0.75-0.68-0.680.16-0.85-0.65-0.72-0.42-0.780.45-0.4-0.42-0.01-0.8-0.780.63-0.65-0.84-0.76-0.48-0.18-0.45
0.920.98-0.250.830.790.77-0.230.910.770.80.630.89-0.330.560.62-0.17-0.80.85-0.270.420.970.910.590.420.59
0.910.87-0.350.960.860.720.110.930.860.890.320.9-0.10.720.31-0.16-0.780.85-0.130.380.890.910.730.590.4
-0.17-0.28-0.18-0.08-0.06-0.150.1-0.330.01-0.13-0.06-0.210.330.28-0.06-0.40.63-0.27-0.13-0.7-0.26-0.080.120.32-0.34
0.340.48-0.120.390.210.28-0.060.490.160.280.220.32-0.35-0.030.230.12-0.650.420.38-0.70.440.350.34-0.110.1
0.970.98-0.150.890.860.83-0.240.910.850.860.630.94-0.380.610.62-0.14-0.840.970.89-0.260.440.960.610.490.6
0.970.93-0.220.930.910.84-0.250.830.910.880.660.92-0.240.780.65-0.19-0.760.910.91-0.080.350.960.690.590.5
0.560.69-0.740.790.450.350.20.660.450.460.40.480.020.630.4-0.46-0.480.590.730.120.340.610.690.28-0.16
0.650.340.060.640.790.560.060.40.810.790.060.690.330.580.030.28-0.180.420.590.32-0.110.490.590.280.58
0.660.460.480.40.690.67-0.350.460.670.70.250.74-0.180.170.230.46-0.450.590.4-0.340.10.60.5-0.160.58
Click cells to compare fundamentals

Smith Nephew Account Relationship Matchups

Smith Nephew balance sheet Accounts

201920202021202220232024 (projected)
Total Assets9.3B11.0B10.9B10.0B10.0B10.5B
Short Long Term Debt Total2.0B3.7B3.3B2.9B3.1B3.2B
Other Current Liab623M196M319M263M(164M)(155.8M)
Total Current Liabilities1.6B1.7B2.1B1.7B2.3B2.4B
Total Stockholder Equity5.1B5.3B5.6B5.3B5.2B5.5B
Property Plant And Equipment Net1.3B1.4B1.5B1.5B1.5B746.7M
Current Deferred Revenue(72M)(337M)(491M)(160M)218M228.9M
Net Debt1.8B1.9B2.0B2.5B2.8B2.9B
Retained Earnings4.8B5.0B5.2B5.0B4.9B5.2B
Accounts Payable941M891M1.0B1.0B1.0B1.1B
Cash277M1.8B1.3B350M302M278.3M
Non Current Assets Total5.8B6.0B6.1B5.8B6.0B6.3B
Non Currrent Assets Other(150M)(202M)(201M)(177M)87M91.4M
Other Assets291M368M398M330M379.5M398.5M
Cash And Short Term Investments277M1.8B1.3B350M302M293.6M
Liabilities And Stockholders Equity9.3B11.0B10.9B10.0B10.0B10.5B
Non Current Liabilities Total1.9B3.2B2.7B2.6B2.5B2.6B
Inventory1.6B1.7B1.8B2.2B2.4B2.5B
Other Current Assets246M300M319M274M315.1M440.7M
Other Stockholder Equity115M455M494M497M521M547.1M
Total Liab4.2B5.7B5.4B4.7B4.8B5.0B
Total Current Assets3.2B4.7B4.4B3.9B4.0B4.2B
Accumulated Other Comprehensive Income(306M)(311M)(328M)(439M)(385M)(404.3M)
Short Term Debt72M395M547M209M765M803.3M
Intangible Assets1.6B1.5B1.4B1.2B1.1B817.0M
Other Liab619M692M373M280M322M358.7M
Long Term Debt1.8B3.2B2.7B2.6B2.2B1.2B
Good Will2.8B2.9B3.0B3.0B3.0B1.7B
Property Plant Equipment1.3B1.4B1.5B1.5B1.7B929.0M
Net Receivables1.1B911M971M1.0B1.1B885.0M
Property Plant And Equipment Gross1.3B1.4B4.0B4.0B4.2B4.5B
Treasury Stock(214M)(189M)(157M)(120M)(138M)(144.9M)
Net Tangible Assets785M865M1.2B992M1.1B871.3M

Pair Trading with Smith Nephew

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Smith Nephew position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Smith Nephew will appreciate offsetting losses from the drop in the long position's value.

Moving against Smith Stock

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The ability to find closely correlated positions to Smith Nephew could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smith Nephew when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Smith Nephew - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Smith Nephew SNATS to buy it.
The correlation of Smith Nephew is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smith Nephew moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smith Nephew SNATS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Smith Nephew can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Smith Nephew SNATS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Nephew's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Smith Nephew Snats Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Nephew Snats Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Nephew SNATS. 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.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Health Care Equipment & Supplies 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 Smith Nephew. If investors know Smith 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 Smith Nephew 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
0.244
Dividend Share
0.375
Earnings Share
0.7
Revenue Per Share
2.5904
Quarterly Revenue Growth
0.034
The market value of Smith Nephew SNATS is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Nephew's value that differs from its market value or its book value, called intrinsic value, which is Smith Nephew'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 Smith Nephew's market value can be influenced by many factors that don't directly affect Smith Nephew'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 Smith Nephew's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Nephew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Nephew'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.