0KZA Common Stock vs Short Long Term Debt Total Analysis

0KZA Stock   40.34  0.22  0.54%   
SM Energy financial indicator trend analysis is much more than just breaking down SM Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SM Energy is a good investment. Please check the relationship between SM Energy Common Stock and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock vs Short Long Term Debt Total

Common Stock vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SM Energy Common Stock account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between SM Energy's Common Stock and Short Long Term Debt Total is 0.67. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of SM Energy Co, assuming nothing else is changed. The correlation between historical values of SM Energy's Common Stock and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of SM Energy Co are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock i.e., SM Energy's Common Stock and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Short Long Term Debt Total

Most indicators from SM Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SM Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 96.3 M in 2024. Tax Provision is likely to drop to about (231.9 M) in 2024
 2021 2022 2023 2024 (projected)
Total Revenue2.6B3.3B2.4B2.5B
Depreciation And Amortization809.4M611.2M690.5M376.3M

SM Energy fundamental ratios Correlations

0.730.40.620.870.990.650.540.710.330.99-0.250.330.420.610.740.310.590.760.580.260.740.370.88-0.30.69
0.730.380.290.390.790.97-0.010.21-0.250.8-0.32-0.250.230.530.940.320.480.92-0.020.210.670.390.510.330.26
0.40.380.810.080.350.340.180.14-0.030.38-0.06-0.030.840.190.520.41-0.070.640.35-0.630.260.260.510.240.25
0.620.290.810.530.560.180.330.470.460.560.040.460.780.540.330.140.350.480.68-0.220.550.080.73-0.220.56
0.870.390.080.530.850.280.590.790.630.83-0.090.630.240.650.350.020.710.380.680.490.720.120.76-0.60.76
0.990.790.350.560.850.720.450.660.241.0-0.250.240.360.650.770.270.650.780.470.330.780.350.84-0.240.64
0.650.970.340.180.280.72-0.060.13-0.420.74-0.36-0.420.130.380.920.380.390.88-0.160.160.540.440.430.360.11
0.54-0.010.180.330.590.45-0.060.710.430.46-0.30.430.4-0.060.220.52-0.150.220.78-0.16-0.020.480.58-0.570.63
0.710.210.140.470.790.660.130.710.590.65-0.010.590.230.310.250.160.350.270.710.240.350.20.69-0.730.78
0.33-0.25-0.030.460.630.24-0.420.430.590.220.271.00.20.38-0.28-0.320.39-0.20.810.350.31-0.280.4-0.730.59
0.990.80.380.560.831.00.740.460.650.22-0.240.220.370.610.790.290.620.80.450.290.760.360.85-0.220.63
-0.25-0.32-0.060.04-0.09-0.25-0.36-0.3-0.010.27-0.240.270.040.03-0.4-0.810.15-0.36-0.150.020.07-0.910.01-0.170.09
0.33-0.25-0.030.460.630.24-0.420.430.591.00.220.270.20.38-0.28-0.320.39-0.20.810.350.31-0.280.4-0.730.59
0.420.230.840.780.240.360.130.40.230.20.370.040.20.30.40.26-0.060.530.51-0.580.320.090.620.130.49
0.610.530.190.540.650.650.38-0.060.310.380.610.030.380.30.36-0.240.840.440.290.470.94-0.150.550.00.53
0.740.940.520.330.350.770.920.220.25-0.280.79-0.4-0.280.40.360.530.230.980.1-0.030.520.540.60.330.33
0.310.320.410.140.020.270.380.520.16-0.320.29-0.81-0.320.26-0.240.53-0.430.510.26-0.44-0.220.960.190.150.04
0.590.48-0.070.350.710.650.39-0.150.350.390.620.150.39-0.060.840.23-0.430.260.150.730.88-0.260.42-0.240.38
0.760.920.640.480.380.780.880.220.27-0.20.8-0.36-0.20.530.440.980.510.260.18-0.090.580.50.650.330.39
0.58-0.020.350.680.680.47-0.160.780.710.810.45-0.150.810.510.290.10.260.150.180.00.260.250.64-0.620.69
0.260.21-0.63-0.220.490.330.16-0.160.240.350.290.020.35-0.580.47-0.03-0.440.73-0.090.00.48-0.190.06-0.380.21
0.740.670.260.550.720.780.54-0.020.350.310.760.070.310.320.940.52-0.220.880.580.260.48-0.120.66-0.010.57
0.370.390.260.080.120.350.440.480.2-0.280.36-0.91-0.280.09-0.150.540.96-0.260.50.25-0.19-0.120.160.080.05
0.880.510.510.730.760.840.430.580.690.40.850.010.40.620.550.60.190.420.650.640.060.660.16-0.340.78
-0.30.330.24-0.22-0.6-0.240.36-0.57-0.73-0.73-0.22-0.17-0.730.130.00.330.15-0.240.33-0.62-0.38-0.010.08-0.34-0.49
0.690.260.250.560.760.640.110.630.780.590.630.090.590.490.530.330.040.380.390.690.210.570.050.78-0.49
Click cells to compare fundamentals

SM Energy Account Relationship Matchups

SM Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B5.0B5.2B5.7B6.4B6.7B
Short Long Term Debt Total2.7B2.2B2.1B1.6B1.6B989.4M
Other Current Liab266.4M383.3M583.1M318.8M296.4M247.5M
Total Current Liabilities472.0M583.7M889.3M598.6M633.8M665.5M
Total Stockholder Equity2.7B2.0B2.1B3.1B3.6B3.8B
Property Plant And Equipment Net6.0B4.7B4.6B4.9B5.4B5.6B
Net Debt2.7B2.2B1.7B1.1B959.2M911.8M
Retained Earnings967.6M200.7M234.5M1.3B2.1B2.2B
Accounts Payable52.1M63.0M25.1M43.9M107.3M112.7M
Non Current Assets Total6.0B4.8B4.6B5.0B5.5B5.7B
Non Currrent Assets Other(103.4M)70.9M35.0M(184.8M)87.1M91.5M
Net Receivables184.7M162.5M247.2M233.3M231.2M134.4M
Common Stock Shares Outstanding112.5M113.7M123.7M124.1M119.2M73.8M
Liabilities And Stockholders Equity6.3B5.0B5.2B5.7B6.4B6.7B
Non Current Liabilities Total3.1B2.4B2.3B2.0B2.1B1.4B
Other Current Assets74.8M51.2M33.3M58.9M69.1M75.4M
Other Stockholder Equity1.8B1.8B1.8B1.8B1.6B1.6B
Total Liab3.5B3.0B3.2B2.6B2.8B1.7B
Total Current Assets252.6M203.7M613.2M737.2M916.4M962.3M
Accumulated Other Comprehensive Income(11.3M)(13.6M)(12.8M)(4.0M)(2.6M)(2.7M)
Common Stock1.1M1.1M1.1M1.2M1.2M780.9K
Inventory55.2M31.2M24.1M48.7M56.4M74.0M
Other Assets46.2M49.2M25.8M69.7M62.7M59.6M
Long Term Debt2.9B2.6B2.7B2.2B2.0B2.1B
Capital Surpluse1.7B1.8B1.8B1.8B2.1B1.9B
Property Plant Equipment6.0B4.7B4.6B4.9B4.4B4.3B
Other Liab315.3M150.3M180.9M436.2M392.5M235.6M
Net Tangible Assets2.7B2.0B2.1B3.1B3.5B2.8B
Deferred Long Term Liab5.9M4.3M2.7M10.8M12.4M13.0M

Also Currently Popular

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.

Additional Tools for 0KZA Stock Analysis

When running SM Energy's price analysis, check to measure SM Energy'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 SM Energy is operating at the current time. Most of SM Energy's value examination focuses on studying past and present price action to predict the probability of SM Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SM Energy's price. Additionally, you may evaluate how the addition of SM Energy to your portfolios can decrease your overall portfolio volatility.