Smith Financial Statements From 2010 to 2025

SMID Stock  USD 33.03  0.61  1.81%   
Smith Midland financial statements provide useful quarterly and yearly information to potential Smith Midland Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Smith Midland financial statements helps investors assess Smith Midland's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Smith Midland's valuation are summarized below:
Gross Profit
18.7 M
Profit Margin
0.0852
Market Capitalization
178.4 M
Enterprise Value Revenue
2.2728
Revenue
76.4 M
There are over one hundred nineteen available fundamental trend indicators for Smith Midland Corp, which can be analyzed over time and compared to other ratios. Investors should ensure to double-check all of Smith Midland's current performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 35.6 M. The current year's Enterprise Value is expected to grow to about 38 M

Smith Midland Total Revenue

71.94 Million

Check Smith Midland financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith Midland's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Interest Expense of 188 K or Selling General Administrative of 4.2 M, as well as many indicators such as Price To Sales Ratio of 3.29, Dividend Yield of 0.0124 or PTB Ratio of 7.34. Smith financial statements analysis is a perfect complement when working with Smith Midland Valuation or Volatility modules.
  
Check out the analysis of Smith Midland Correlation against competitors.

Smith Midland Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets74.1 M70.6 M37 M
Slightly volatile
Short and Long Term Debt Total4.6 M6.6 M4.4 M
Slightly volatile
Other Current Liabilities5.8 M5.5 M2.6 M
Slightly volatile
Total Current Liabilities19.3 M18.4 M8.9 M
Slightly volatile
Total Stockholder Equity41.2 M39.3 M20.6 M
Slightly volatile
Property Plant And Equipment Net33.4 M31.8 M14.5 M
Slightly volatile
Retained Earnings31.9 M30.4 M14.7 M
Slightly volatile
Accounts Payable8.9 M8.4 M3.5 M
Slightly volatile
Cash11.1 M10.6 M5.3 M
Slightly volatile
Non Current Assets Total33.8 M32.2 M16 M
Slightly volatile
Cash And Short Term Investments11.1 M10.6 M5.9 M
Slightly volatile
Net Receivables21.4 M20.4 M11.2 M
Slightly volatile
Common Stock Shares Outstanding4.7 M6.1 M4.9 M
Slightly volatile
Liabilities And Stockholders Equity74.1 M70.6 M37 M
Slightly volatile
Non Current Liabilities Total13.5 M12.8 M7.5 M
Slightly volatile
Inventory6.2 M5.9 M3.1 M
Slightly volatile
Other Current Assets1.5 M1.5 M638 K
Slightly volatile
Other Stockholder Equity9.1 M8.9 M7.3 M
Very volatile
Total Liabilities32.8 M31.3 M16.4 M
Slightly volatile
Property Plant And Equipment Gross56.7 M54 M19.5 M
Slightly volatile
Total Current Assets40.2 M38.3 M21 M
Slightly volatile
Short Term Debt598.7 K611.1 K666.8 K
Slightly volatile
Current Deferred Revenue3.3 M3.1 M1.9 M
Slightly volatile
Common Stock Total Equity48.7 K61 K49.9 K
Slightly volatile
Common Stock49.4 K62.1 K50.1 K
Slightly volatile
Other Liabilities3.2 M4.9 M3.1 M
Slightly volatile
Other Assets1.091.151.4 M
Pretty Stable
Long Term Debt4.1 M5.9 M3.8 M
Slightly volatile
Property Plant Equipment30.3 M28.9 M14 M
Slightly volatile
Net Tangible Assets21.2 M38 M20 M
Slightly volatile
Retained Earnings Total Equity31 M29.5 M15 M
Slightly volatile
Long Term Debt Total8.3 M7.9 M4.5 M
Slightly volatile
Capital Surpluse6.4 M8.6 M6.1 M
Slightly volatile
Deferred Long Term Liabilities1.6 M2.5 M1.5 M
Slightly volatile
Short and Long Term Debt744.7 K731.4 K606.3 K
Slightly volatile
Net Invested Capital34 M45.9 M27.6 M
Slightly volatile
Net Working Capital14.7 M19.9 M12.9 M
Slightly volatile
Capital Lease Obligations38.5 K40.5 K3.8 M
Slightly volatile
Capital Stock57.8 K62.1 K52.7 K
Slightly volatile
Deferred Long Term Asset Charges3.9 M3.8 M4.8 M
Slightly volatile

Smith Midland Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense188 K229.5 K191.5 K
Pretty Stable
Selling General Administrative4.2 M6.9 M4.4 M
Slightly volatile
Total Revenue71.9 M68.5 M41 M
Slightly volatile
Gross Profit7.3 M12.2 M8.6 M
Slightly volatile
Other Operating Expenses70.6 M67.2 M39.2 M
Slightly volatile
Cost Of Revenue59.1 M56.3 M32.1 M
Slightly volatile
Total Operating Expenses5.8 M11 M6.8 M
Slightly volatile
Selling And Marketing Expenses2.4 M4.1 M2.5 M
Slightly volatile
Tax Provision41.9 K44.1 K958.9 K
Slightly volatile
Interest Income26.2 K19.8 K33 K
Slightly volatile
Reconciled Depreciation2.3 M2.9 M1.6 M
Slightly volatile

Smith Midland Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow8.1 M7.7 M4.6 M
Slightly volatile
Capital ExpendituresM5.8 M3.4 M
Slightly volatile
End Period Cash Flow11.1 M10.6 M5.3 M
Slightly volatile
Stock Based Compensation237.6 K431.2 K243.3 K
Slightly volatile
Sale Purchase Of Stock10.3 K10.8 K38.7 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.293.141.4903
Slightly volatile
Dividend Yield0.01240.00660.0112
Slightly volatile
PTB Ratio7.346.994.2816
Very volatile
Days Sales Outstanding72.5297.7892.5982
Slightly volatile
Book Value Per Share6.145.853.8168
Slightly volatile
Average PayablesM2.2 M1.7 M
Slightly volatile
Stock Based Compensation To Revenue0.00430.00570.0052
Slightly volatile
PB Ratio7.346.994.2816
Very volatile
EV To Sales3.243.091.4918
Slightly volatile
Inventory Turnover7.428.5510.4401
Very volatile
Days Of Inventory On Hand46.5444.1836.7049
Very volatile
Payables Turnover8.866.012.5156
Slightly volatile
Sales General And Administrative To Revenue0.170.120.1207
Very volatile
Average Inventory1.7 M2.7 M2.6 M
Slightly volatile
Capex To Revenue0.04030.07570.0699
Slightly volatile
Cash Per Share1.651.571.0894
Slightly volatile
Days Payables Outstanding45.8862.9437.3677
Pretty Stable
Current Ratio1.941.872.6983
Slightly volatile
Tangible Book Value Per Share6.145.853.8168
Slightly volatile
Receivables Turnover4.593.864.0851
Slightly volatile
Graham Number3.164.234.7469
Slightly volatile
Shareholders Equity Per Share6.145.853.8168
Slightly volatile
Debt To Equity0.180.190.3266
Slightly volatile
Capex Per Share0.90.860.6314
Slightly volatile
Average Receivables4.4 M5.4 M5.9 M
Pretty Stable
Revenue Per Share5.2410.27.6099
Slightly volatile
Interest Debt Per Share1.231.321.0074
Pretty Stable
Debt To Assets0.10.110.1584
Slightly volatile
Operating Cycle146169133
Slightly volatile
Price Book Value Ratio7.346.994.2816
Very volatile
Days Of Payables Outstanding45.8862.9437.3677
Pretty Stable
Ebt Per Ebit1.251.361.1363
Very volatile
Effective Tax Rate0.380.360.3735
Slightly volatile
Company Equity Multiplier3.532.072.7385
Slightly volatile
Long Term Debt To Capitalization0.140.150.2071
Slightly volatile
Total Debt To Capitalization0.160.170.2328
Slightly volatile
Debt Equity Ratio0.180.190.3266
Slightly volatile
Quick Ratio1.551.582.2758
Slightly volatile
Net Income Per E B T0.80.690.6852
Slightly volatile
Cash Ratio0.350.520.6396
Pretty Stable
Cash Conversion Cycle73.083.192.1791
Very volatile
Days Of Inventory Outstanding46.5444.1836.7049
Very volatile
Days Of Sales Outstanding72.5297.7892.5982
Slightly volatile
Price To Book Ratio7.346.994.2816
Very volatile
Fixed Asset Turnover2.352.484.0971
Slightly volatile
Debt Ratio0.10.110.1584
Slightly volatile
Price Sales Ratio3.293.141.4903
Slightly volatile
Asset Turnover1.691.121.3222
Slightly volatile
Gross Profit Margin0.250.210.2279
Pretty Stable
Price Fair Value7.346.994.2816
Very volatile

Smith Midland Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap35.6 M33.9 M26.1 M
Slightly volatile
Enterprise Value38 M36.2 M27.5 M
Slightly volatile

Smith Fundamental Market Drivers

Cash And Short Term Investments9.2 M

Smith Upcoming Events

15th of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Smith Midland Financial Statements

Smith Midland stakeholders use historical fundamental indicators, such as Smith Midland's revenue or net income, to determine how well the company is positioned to perform in the future. Although Smith Midland investors may analyze each financial statement separately, they are all interrelated. For example, changes in Smith Midland's assets and liabilities are reflected in the revenues and expenses on Smith Midland's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Smith Midland Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue3.1 M3.3 M
Total Revenue68.5 M71.9 M
Cost Of Revenue56.3 M59.1 M
Sales General And Administrative To Revenue 0.12  0.17 
Capex To Revenue 0.08  0.04 
Revenue Per Share 10.20  5.24 
Ebit Per Revenue 0.02  0.03 

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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 Smith Midland Corp is a strong investment it is important to analyze Smith Midland'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 Smith Midland's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports:
Check out the analysis of Smith Midland Correlation against competitors.
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Is Construction Materials 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 Midland. 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 Midland 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
1.458
Earnings Share
1.22
Revenue Per Share
14.468
Quarterly Revenue Growth
0.507
Return On Assets
0.0862
The market value of Smith Midland Corp 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 Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland'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 Midland's market value can be influenced by many factors that don't directly affect Smith Midland'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 Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland'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.