Smartfinancial, Stock Working Capital

SMBK Stock  USD 30.71  0.27  0.87%   
SmartFinancial, fundamentals help investors to digest information that contributes to SmartFinancial,'s financial success or failures. It also enables traders to predict the movement of SmartFinancial, Stock. The fundamental analysis module provides a way to measure SmartFinancial,'s intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SmartFinancial, stock.
Last ReportedProjected for Next Year
Change In Working Capital-9.3 M-8.8 M
Change In Working Capital is expected to rise to about (8.8 M) this year.
  
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SmartFinancial, Company Working Capital Analysis

SmartFinancial,'s Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

SmartFinancial, Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for SmartFinancial, is extremely important. It helps to project a fair market value of SmartFinancial, Stock properly, considering its historical fundamentals such as Working Capital. Since SmartFinancial,'s main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SmartFinancial,'s historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SmartFinancial,'s interrelated accounts and indicators.
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1.0-0.990.831.00.931.0-0.23-0.181.01.01.0-1.0-0.22-0.28-0.24-0.160.1-0.23-0.18-0.19-0.15-0.14
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-0.22-0.220.130.1-0.24-0.03-0.240.690.36-0.24-0.21-0.260.260.720.780.45-0.320.780.740.750.820.45
-0.28-0.280.230.28-0.28-0.17-0.310.990.1-0.3-0.27-0.330.330.720.930.88-0.350.930.830.920.780.83
-0.24-0.240.180.27-0.25-0.13-0.270.930.1-0.26-0.23-0.290.290.780.930.82-0.360.990.940.950.80.83
-0.16-0.160.120.4-0.16-0.15-0.20.94-0.33-0.18-0.16-0.210.220.450.880.82-0.260.810.710.880.720.94
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-0.18-0.180.120.28-0.19-0.14-0.210.820.03-0.2-0.16-0.220.230.740.830.940.71-0.480.940.920.750.76
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-0.13-0.140.090.41-0.13-0.15-0.170.89-0.35-0.16-0.13-0.180.180.450.830.830.94-0.260.810.760.910.77
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Based on the company's disclosures, SmartFinancial, has a Working Capital of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The working capital for all United States stocks is 100.0% higher than that of the company.

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SmartFinancial, ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SmartFinancial,'s sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SmartFinancial,'s managers, analysts, and investors.
Environmental
Governance
Social

SmartFinancial, Fundamentals

Return On Equity0.0699
Return On Asset0.0067
Profit Margin0.21 %
Operating Margin0.30 %
Current Valuation393.98 M
Shares Outstanding16.93 M
Shares Owned By Insiders16.96 %
Shares Owned By Institutions55.93 %
Number Of Shares Shorted130.94 K
Price To Earning14.49 X
Price To Book1.07 X
Price To Sales3.29 X
Revenue152.41 M
Gross Profit161.2 M
EBITDA49.72 M
Net Income28.59 M
Cash And Equivalents543.03 M
Cash Per Share32.42 X
Total Debt50.1 M
Debt To Equity9.22 %
Book Value Per Share28.89 X
Cash Flow From Operations39.72 M
Short Ratio1.19 X
Earnings Per Share1.93 X
Target Price35.29
Number Of Employees570
Beta0.67
Market Capitalization524.38 M