Smith Total Current Liabilities vs Capital Lease Obligations Analysis
| SDHC Stock | 33.27 0.38 1.16% |
Smith Douglas financial indicator trend analysis is much more than just breaking down Smith Douglas Homes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smith Douglas Homes is a good investment. Please check the relationship between Smith Douglas Total Current Liabilities and its Capital Lease Obligations accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Douglas Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Total Current Liabilities vs Capital Lease Obligations
Total Current Liabilities vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smith Douglas Homes Total Current Liabilities account and Capital Lease Obligations. At this time, the significance of the direction appears to have weak relationship.
The correlation between Smith Douglas' Total Current Liabilities and Capital Lease Obligations is 0.39. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Smith Douglas Homes, assuming nothing else is changed. The correlation between historical values of Smith Douglas' Total Current Liabilities and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Smith Douglas Homes are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Current Liabilities i.e., Smith Douglas' Total Current Liabilities and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Smith Douglas balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Smith Douglas Homes are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Capital Lease Obligations
Smith Douglas Homes capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Smith Douglas asset purchases. For example, Smith Douglas can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Smith Douglas control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Smith Douglas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smith Douglas Homes 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Douglas Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At present, Smith Douglas' Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 10.83, whereas Selling General Administrative is forecasted to decline to about 84.1 M.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.7M | 997K | 1.7M | 1.2M | Depreciation And Amortization | 1.5M | 864K | 1.1M | 906.4K |
Smith Douglas fundamental ratios Correlations
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Smith Douglas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.When determining whether Smith Douglas Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Douglas' 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 Douglas Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Douglas Homes Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Douglas Homes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Household Durables 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 Douglas. 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 Douglas 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 (0.28) | Revenue Per Share 6.7 K | Quarterly Revenue Growth (0.03) | Return On Equity 0.6993 |
The market value of Smith Douglas Homes 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 Douglas' value that differs from its market value or its book value, called intrinsic value, which is Smith Douglas' 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 Douglas' market value can be influenced by many factors that don't directly affect Smith Douglas' 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 Douglas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Douglas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Douglas' 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.