Smartrent Stock Working Capital

SMRT Stock

USD 1.86 0.02 1.09%

SmartRent fundamentals help investors to digest information that contributes to SmartRent's financial success or failures. It also enables traders to predict the movement of SmartRent Stock. The fundamental analysis module provides a way to measure SmartRent'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 SmartRent stock.

	Last Reported	Projected for Next Year
Net Working Capital	223 M	271.9 M
Change In Working Capital	12.8 M	13.4 M

Net Working Capital is likely to gain to about 271.9 M in 2024. Change In Working Capital is likely to gain to about 13.4 M in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SmartRent Company Working Capital Analysis

SmartRent'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

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current SmartRent Working Capital

223.03 M

Most of SmartRent's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SmartRent is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SmartRent Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for SmartRent is extremely important. It helps to project a fair market value of SmartRent Stock properly, considering its historical fundamentals such as Working Capital. Since SmartRent'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 SmartRent'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 SmartRent's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Net Receivables	Deferred Long Term Liab	Short Term Debt	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Good Will	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Capital Surpluse	Intangible Assets
Total Assets		0.46	-0.08	-0.14	0.43	0.54	0.93	0.01	0.42	0.26	0.21	0.51	0.16	0.31	-0.05	0.26	0.37	-0.05	-0.35	0.36	0.13	0.24
Total Stockholder Equity	0.46		-0.91	-0.82	-0.6	-0.49	0.67	-0.78	0.98	0.92	0.71	0.91	-0.47	0.84	-0.34	0.72	0.98	-0.34	-0.94	0.94	0.5	0.67
Net Debt	-0.08	-0.91		0.86	0.84	0.79	-0.38	0.89	-0.93	-0.89	-0.71	-0.76	0.7	-0.77	0.45	-0.62	-0.94	0.45	0.92	-0.94	-0.5	-0.6
Retained Earnings	-0.14	-0.82	0.86		0.75	0.67	-0.27	0.89	-0.78	-0.97	-0.97	-0.82	0.74	-0.96	0.71	-0.9	-0.9	0.71	0.95	-0.76	-0.79	-0.92
Accounts Payable	0.43	-0.6	0.84	0.75		0.99	0.16	0.82	-0.61	-0.72	-0.59	-0.48	0.67	-0.61	0.36	-0.53	-0.67	0.36	0.67	-0.63	-0.43	-0.52
Total Liab	0.54	-0.49	0.79	0.67	0.99		0.27	0.76	-0.52	-0.63	-0.51	-0.37	0.67	-0.51	0.35	-0.44	-0.58	0.35	0.58	-0.55	-0.38	-0.43
Total Current Assets	0.93	0.67	-0.38	-0.27	0.16	0.27		-0.21	0.67	0.41	0.26	0.61	-0.04	0.39	-0.08	0.26	0.58	-0.08	-0.53	0.64	0.14	0.23
Common Stock	0.01	-0.78	0.89	0.89	0.82	0.76	-0.21		-0.74	-0.9	-0.78	-0.61	0.83	-0.79	0.52	-0.69	-0.83	0.52	0.84	-0.77	-0.57	-0.69
Net Tangible Assets	0.42	0.98	-0.93	-0.78	-0.61	-0.52	0.67	-0.74		0.86	0.66	0.88	-0.5	0.77	-0.36	0.62	0.97	-0.36	-0.92	0.98	0.48	0.58
Net Receivables	0.26	0.92	-0.89	-0.97	-0.72	-0.63	0.41	-0.9	0.86		0.9	0.88	-0.63	0.97	-0.52	0.9	0.95	-0.52	-0.96	0.82	0.69	0.88
Deferred Long Term Liab	0.21	0.71	-0.71	-0.97	-0.59	-0.51	0.26	-0.78	0.66	0.9		0.78	-0.68	0.95	-0.79	0.93	0.82	-0.79	-0.89	0.63	0.85	0.97
Short Term Debt	0.51	0.91	-0.76	-0.82	-0.48	-0.37	0.61	-0.61	0.88	0.88	0.78		-0.3	0.9	-0.41	0.85	0.9	-0.41	-0.9	0.78	0.66	0.8
Property Plant Equipment	0.16	-0.47	0.7	0.74	0.67	0.67	-0.04	0.83	-0.5	-0.63	-0.68	-0.3		-0.53	0.79	-0.44	-0.61	0.79	0.65	-0.6	-0.63	-0.5
Current Deferred Revenue	0.31	0.84	-0.77	-0.96	-0.61	-0.51	0.39	-0.79	0.77	0.97	0.95	0.9	-0.53		-0.59	0.97	0.89	-0.59	-0.93	0.71	0.75	0.96
Long Term Debt	-0.05	-0.34	0.45	0.71	0.36	0.35	-0.08	0.52	-0.36	-0.52	-0.79	-0.41	0.79	-0.59		-0.57	-0.51	1.0	0.61	-0.42	-0.84	-0.66
Good Will	0.26	0.72	-0.62	-0.9	-0.53	-0.44	0.26	-0.69	0.62	0.9	0.93	0.85	-0.44	0.97	-0.57		0.76	-0.57	-0.82	0.52	0.81	0.99
Net Invested Capital	0.37	0.98	-0.94	-0.9	-0.67	-0.58	0.58	-0.83	0.97	0.95	0.82	0.9	-0.61	0.89	-0.51	0.76		-0.51	-0.99	0.95	0.6	0.75
Short Long Term Debt	-0.05	-0.34	0.45	0.71	0.36	0.35	-0.08	0.52	-0.36	-0.52	-0.79	-0.41	0.79	-0.59	1.0	-0.57	-0.51		0.61	-0.42	-0.84	-0.66
Capital Stock	-0.35	-0.94	0.92	0.95	0.67	0.58	-0.53	0.84	-0.92	-0.96	-0.89	-0.9	0.65	-0.93	0.61	-0.82	-0.99	0.61		-0.91	-0.68	-0.82
Net Working Capital	0.36	0.94	-0.94	-0.76	-0.63	-0.55	0.64	-0.77	0.98	0.82	0.63	0.78	-0.6	0.71	-0.42	0.52	0.95	-0.42	-0.91		0.42	0.51
Capital Surpluse	0.13	0.5	-0.5	-0.79	-0.43	-0.38	0.14	-0.57	0.48	0.69	0.85	0.66	-0.63	0.75	-0.84	0.81	0.6	-0.84	-0.68	0.42		0.82
Intangible Assets	0.24	0.67	-0.6	-0.92	-0.52	-0.43	0.23	-0.69	0.58	0.88	0.97	0.8	-0.5	0.96	-0.66	0.99	0.75	-0.66	-0.82	0.51	0.82

Click cells to compare fundamentals

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

Predict SmartRent

Working Capital Over Time

SmartRent Net Invested Capital

Net Invested Capital

297.75 Million

At this time, SmartRent's Net Invested Capital is comparatively stable compared to the past year.

Based on the company's disclosures, SmartRent has a Working Capital of 223.03 M. This is 97.72% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The working capital for all United States stocks is 84.91% higher than that of the company.

SmartRent Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SmartRent's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SmartRent could also be used in its relative valuation, which is a method of valuing SmartRent by comparing valuation metrics of similar companies.

SmartRent is currently under evaluation in working capital category among its peers.

SmartRent Fundamentals

	Return On Equity	-0.0787
	Return On Asset	-0.0417
	Profit Margin	(0.13) %
	Operating Margin	(0.29) %
	Current Valuation	198.24 M
	Shares Outstanding	192.57 M
	Shares Owned By Insiders	12.76 %
	Shares Owned By Institutions	59.39 %
	Number Of Shares Shorted	6.6 M
	Price To Earning	(2.17) X
	Price To Book	1.17 X
	Price To Sales	1.79 X
	Revenue	236.84 M
	Gross Profit	1.3 M
	EBITDA	(37.63 M)
	Net Income	(34.59 M)
	Cash And Equivalents	255.01 M
	Cash Per Share	1.29 X
	Total Debt	1.31 M
	Debt To Equity	0.01 %
	Current Ratio	3.78 X
	Book Value Per Share	1.58 X
	Cash Flow From Operations	5.98 M
	Short Ratio	4.55 X
	Earnings Per Share	(0.12) X
	Price To Earnings To Growth	(0.30) X
	Target Price	2.28
	Number Of Employees	526
	Beta	1.97
	Market Capitalization	358.18 M
	Total Asset	509.76 M
	Retained Earnings	(285.51 M)
	Working Capital	223.03 M
	Current Asset	324.02 M
	Current Liabilities	187.14 M
	Net Asset	509.76 M

About SmartRent Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SmartRent's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SmartRent using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SmartRent based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for SmartRent Stock Analysis

When running SmartRent's price analysis, check to measure SmartRent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC