Smith Fixed Asset Turnover from 2010 to 2024

SMSI Stock  USD 0.86  0.03  3.61%   
Smith Micro's Fixed Asset Turnover is increasing with very volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 10.66. For the period between 2010 and 2024, Smith Micro, Fixed Asset Turnover quarterly trend regression had mean deviation of  5.50 and range of 26.656. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
11.21965953
Current Value
10.66
Quarterly Volatility
7.20752127
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smith Micro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith Micro's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 6.7 M or Total Revenue of 42.5 M, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 7.0E-4 or PTB Ratio of 0.67. Smith financial statements analysis is a perfect complement when working with Smith Micro Valuation or Volatility modules.
  
Check out the analysis of Smith Micro Correlation against competitors.

Latest Smith Micro's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Smith Micro Software over the last few years. It is Smith Micro's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smith Micro's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Very volatile
   Fixed Asset Turnover   
       Timeline  

Smith Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.32
Geometric Mean9.50
Coefficient Of Variation63.67
Mean Deviation5.50
Median9.29
Standard Deviation7.21
Sample Variance51.95
Range26.656
R-Value0.03
Mean Square Error55.88
R-Squared0
Significance0.90
Slope0.06
Total Sum of Squares727.28

Smith Fixed Asset Turnover History

2024 10.66
2023 11.22
2022 9.29
2021 6.95
2020 6.45
2019 5.06
2018 30.39

About Smith Micro Financial Statements

Investors use fundamental indicators, such as Smith Micro's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Smith Micro's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Fixed Asset Turnover 11.22  10.66 

Currently Active Assets on Macroaxis

When determining whether Smith Micro Software offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Micro'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 Micro Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Micro Software Stock:
Check out the analysis of Smith Micro Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Application Software 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 Micro. 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 Micro 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
(0.84)
Earnings Share
(4.94)
Revenue Per Share
3.252
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.19)
The market value of Smith Micro Software 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 Micro's value that differs from its market value or its book value, called intrinsic value, which is Smith Micro'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 Micro's market value can be influenced by many factors that don't directly affect Smith Micro'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 Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Micro'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.