0KZA Non Currrent Assets Other vs Total Current Assets Analysis

0KZA Stock   43.87  0.62  1.39%   
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 Non Currrent Assets Other and its Total Current Assets 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.

Non Currrent Assets Other vs Total Current Assets

Non Currrent Assets Other vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SM Energy Non Currrent Assets Other account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SM Energy's Non Currrent Assets Other and Total Current Assets is -0.07. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Assets 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 Non Currrent Assets Other and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of SM Energy Co are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Currrent Assets Other i.e., SM Energy's Non Currrent Assets Other and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 2025. Tax Provision is likely to drop to about (231.9 M) in 2025
 2022 2023 2024 2025 (projected)
Total Revenue3.3B2.4B2.7B2.9B
Depreciation And Amortization611.2M690.5M794.1M833.8M

SM Energy fundamental ratios Correlations

0.620.330.660.890.990.50.630.760.480.99-0.180.480.420.60.640.240.630.670.660.350.720.310.88-0.430.75
0.620.380.230.280.690.96-0.060.12-0.250.7-0.32-0.250.210.480.940.320.430.92-0.060.190.630.390.520.290.32
0.330.380.730.030.290.340.120.07-0.060.32-0.06-0.060.810.160.520.42-0.090.630.25-0.620.230.260.520.20.31
0.660.230.730.590.610.090.440.550.550.60.070.550.750.540.280.10.410.420.71-0.10.550.050.75-0.350.63
0.890.280.030.590.860.120.70.860.740.84-0.020.740.270.650.25-0.040.730.30.770.550.70.070.71-0.630.74
0.990.690.290.610.860.580.540.710.391.0-0.20.390.350.630.680.210.680.70.560.40.760.30.85-0.380.71
0.50.960.340.090.120.58-0.15-0.02-0.450.6-0.37-0.450.080.270.90.390.310.85-0.240.090.440.440.420.310.15
0.63-0.060.120.440.70.54-0.150.790.590.54-0.210.590.410.10.150.40.020.180.840.020.110.380.56-0.60.63
0.760.120.070.550.860.71-0.020.790.730.690.050.730.270.40.170.070.440.20.80.360.410.130.63-0.710.72
0.48-0.25-0.060.550.740.39-0.450.590.730.360.281.00.250.46-0.26-0.320.47-0.170.870.440.39-0.260.39-0.680.56
0.990.70.320.60.841.00.60.540.690.36-0.190.360.370.60.70.230.650.720.550.360.740.320.86-0.360.71
-0.18-0.32-0.060.07-0.02-0.2-0.37-0.210.050.28-0.190.280.070.07-0.39-0.820.18-0.35-0.070.050.1-0.910.01-0.150.08
0.48-0.25-0.060.550.740.39-0.450.590.731.00.360.280.250.46-0.26-0.320.47-0.170.870.440.39-0.260.39-0.680.56
0.420.210.810.750.270.350.080.410.270.250.370.070.250.360.390.23-0.020.530.5-0.480.370.070.630.090.56
0.60.480.160.540.650.630.270.10.40.460.60.070.460.360.33-0.260.820.430.380.520.95-0.160.54-0.040.6
0.640.940.520.280.250.680.90.150.17-0.260.7-0.39-0.260.390.330.530.20.980.05-0.040.50.540.610.280.4
0.240.320.420.1-0.040.210.390.40.07-0.320.23-0.82-0.320.23-0.260.53-0.440.510.17-0.44-0.230.960.190.130.06
0.630.43-0.090.410.730.680.310.020.440.470.650.180.47-0.020.820.2-0.440.240.280.760.86-0.270.45-0.320.43
0.670.920.630.420.30.70.850.180.2-0.170.72-0.35-0.170.530.430.980.510.240.14-0.090.570.50.670.280.47
0.66-0.060.250.710.770.56-0.240.840.80.870.55-0.070.870.50.380.050.170.280.140.160.340.180.6-0.630.67
0.350.19-0.62-0.10.550.40.090.020.360.440.360.050.44-0.480.52-0.04-0.440.76-0.090.160.52-0.20.09-0.380.23
0.720.630.230.550.70.760.440.110.410.390.740.10.390.370.950.5-0.230.860.570.340.52-0.140.65-0.050.63
0.310.390.260.050.070.30.440.380.13-0.260.32-0.91-0.260.07-0.160.540.96-0.270.50.18-0.2-0.140.160.070.07
0.880.520.520.750.710.850.420.560.630.390.860.010.390.630.540.610.190.450.670.60.090.650.16-0.330.78
-0.430.290.2-0.35-0.63-0.380.31-0.6-0.71-0.68-0.36-0.15-0.680.09-0.040.280.13-0.320.28-0.63-0.38-0.050.07-0.33-0.49
0.750.320.310.630.740.710.150.630.720.560.710.080.560.560.60.40.060.430.470.670.230.630.070.78-0.49
Click cells to compare fundamentals

SM Energy Account Relationship Matchups

SM Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.0B5.2B5.7B6.4B7.3B7.7B
Short Long Term Debt Total2.2B2.1B1.6B1.6B1.8B989.4M
Other Current Liab383.3M583.1M318.8M296.4M340.9M247.5M
Total Current Liabilities583.7M889.3M598.6M633.8M728.9M765.3M
Total Stockholder Equity2.0B2.1B3.1B3.6B4.2B4.4B
Property Plant And Equipment Net4.7B4.6B4.9B5.4B6.2B6.5B
Net Debt2.2B1.7B1.1B959.2M1.1B911.8M
Retained Earnings200.7M234.5M1.3B2.1B2.4B2.5B
Accounts Payable63.0M25.1M43.9M107.3M123.4M129.6M
Non Current Assets Total4.8B4.6B5.0B5.5B6.3B6.6B
Non Currrent Assets Other70.9M35.0M(184.8M)87.1M78.4M82.3M
Net Receivables162.5M247.2M233.3M231.2M265.8M134.4M
Common Stock Shares Outstanding113.7M123.7M124.1M119.2M137.1M73.8M
Liabilities And Stockholders Equity5.0B5.2B5.7B6.4B7.3B7.7B
Non Current Liabilities Total2.4B2.3B2.0B2.1B2.4B1.4B
Other Current Assets51.2M33.3M58.9M69.1M79.5M75.4M
Other Stockholder Equity1.8B1.8B1.8B1.6B1.8B1.9B
Total Liab3.0B3.2B2.6B2.8B3.2B1.7B
Total Current Assets203.7M613.2M737.2M916.4M1.1B1.1B
Accumulated Other Comprehensive Income(13.6M)(12.8M)(4.0M)(2.6M)(3.0M)(3.1M)
Short Term Debt11.7M6.5M10.1M30.9M35.5M37.3M
Common Stock1.1M1.1M1.2M1.2M1.3M780.9K
Inventory31.2M24.1M48.7M56.4M64.9M74.0M
Current Deferred Revenue(11.9M)(6.5M)280.8M(15.4M)(13.9M)(13.2M)
Other Assets46.2M49.2M25.8M69.7M62.7M59.6M
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

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