Smith Other Current Assets from 2010 to 2024

SMSI Stock  USD 0.86  0.03  3.61%   
Smith Micro's Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are predicted to flatten to about 1.3 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1994-12-31
Previous Quarter
2.1 M
Current Value
1.5 M
Quarterly Volatility
2.3 M
 
Dot-com Bubble
 
Housing Crash
 
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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Smith Micro Software over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Smith Micro's Other Current Assets 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Smith Other Current Assets Regression Statistics

Arithmetic Mean1,273,321
Geometric Mean979,504
Coefficient Of Variation74.91
Mean Deviation683,895
Median992,000
Standard Deviation953,825
Sample Variance909.8B
Range3.9M
R-Value0.58
Mean Square Error650.9B
R-Squared0.34
Significance0.02
Slope123,574
Total Sum of Squares12.7T

Smith Other Current Assets History

20241.3 M
20231.8 M
2022M
2021M
20202.4 M
2019802 K
2018795 K

About Smith Micro Financial Statements

Investors use fundamental indicators, such as Smith Micro's Other Current Assets, 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
Other Current Assets1.8 M1.3 M

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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.