SM Energy Accounts Payable vs Short Long Term Debt Total Analysis

SM Stock  USD 45.19  0.36  0.80%   
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 Accounts Payable and its Short Long Term Debt Total accounts. Check out World Market Map 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 population.

Accounts Payable vs Short Long Term Debt Total

Accounts Payable 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 Accounts Payable account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between SM Energy's Accounts Payable and Short Long Term Debt Total is 0.1. Overlapping area represents the amount of variation of Accounts Payable 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 Accounts Payable 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 Accounts Payable 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 Accounts Payable i.e., SM Energy's Accounts Payable and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents SM Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SM Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 World Market Map 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 population.
At this time, SM Energy's Tax Provision is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Over EBITDA is likely to grow to 5.66, while Issuance Of Capital Stock is likely to drop about 3.1 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.3B1.2B1.3B1.3B
EBITDA1.0B2.2B1.7B1.8B

SM Energy fundamental ratios Correlations

0.730.410.620.870.990.650.540.610.330.99-0.250.330.420.610.740.020.590.760.70.580.30.730.740.480.31
0.730.480.280.390.780.97-0.020.1-0.250.79-0.35-0.250.220.520.94-0.420.480.920.14-0.020.550.610.660.440.36
0.410.480.810.110.40.45-0.070.07-0.060.41-0.02-0.060.660.40.5-0.090.20.62-0.010.210.230.380.43-0.220.13
0.620.280.810.530.560.180.330.450.460.560.080.460.780.540.330.150.350.480.440.680.090.540.55-0.130.07
0.870.390.110.530.850.280.590.70.630.83-0.070.630.240.650.350.180.710.380.890.680.060.740.720.370.06
0.990.780.40.560.850.720.450.550.241.0-0.260.240.350.650.77-0.050.650.780.660.470.290.750.780.480.26
0.650.970.450.180.280.72-0.060.02-0.420.74-0.4-0.420.120.380.92-0.430.390.880.05-0.160.490.470.540.410.35
0.54-0.02-0.070.330.590.45-0.060.730.430.46-0.290.430.4-0.060.220.48-0.150.220.670.78-0.050.05-0.020.40.29
0.610.10.070.450.70.550.020.730.560.550.110.560.260.230.180.640.220.20.820.690.170.330.270.190.16
0.33-0.25-0.060.460.630.24-0.420.430.560.220.291.00.20.38-0.280.350.39-0.20.710.81-0.110.380.310.04-0.17
0.990.790.410.560.831.00.740.460.550.22-0.260.220.370.610.79-0.040.620.80.640.450.340.740.760.490.33
-0.25-0.35-0.020.08-0.07-0.26-0.4-0.290.110.29-0.260.290.080.05-0.440.310.16-0.390.02-0.120.150.090.07-0.48-0.03
0.33-0.25-0.060.460.630.24-0.420.430.561.00.220.290.20.38-0.280.350.39-0.20.710.81-0.110.380.310.04-0.17
0.420.220.660.780.240.350.120.40.260.20.370.080.20.30.40.12-0.070.530.120.510.10.320.31-0.040.26
0.610.520.40.540.650.650.38-0.060.230.380.610.050.380.30.36-0.140.840.440.380.290.040.940.940.14-0.28
0.740.940.50.330.350.770.920.220.18-0.280.79-0.44-0.280.40.36-0.260.230.980.130.10.50.480.520.540.51
0.02-0.42-0.090.150.18-0.05-0.430.480.640.35-0.040.310.350.12-0.14-0.26-0.2-0.240.360.38-0.13-0.09-0.150.040.14
0.590.480.20.350.710.650.39-0.150.220.390.620.160.39-0.070.840.23-0.20.260.50.150.120.860.880.1-0.18
0.760.920.620.480.380.780.880.220.2-0.20.8-0.39-0.20.530.440.98-0.240.260.150.180.480.540.580.460.48
0.70.14-0.010.440.890.660.050.670.820.710.640.020.710.120.380.130.360.50.150.72-0.040.510.440.310.02
0.58-0.020.210.680.680.47-0.160.780.690.810.45-0.120.810.510.290.10.380.150.180.72-0.050.310.260.220.06
0.30.550.230.090.060.290.49-0.050.17-0.110.340.15-0.110.10.040.5-0.130.120.48-0.04-0.050.150.190.010.64
0.730.610.380.540.740.750.470.050.330.380.740.090.380.320.940.48-0.090.860.540.510.310.150.980.29-0.01
0.740.660.430.550.720.780.54-0.020.270.310.760.070.310.310.940.52-0.150.880.580.440.260.190.980.270.0
0.480.44-0.22-0.130.370.480.410.40.190.040.49-0.480.04-0.040.140.540.040.10.460.310.220.010.290.270.35
0.310.360.130.070.060.260.350.290.16-0.170.33-0.03-0.170.26-0.280.510.14-0.180.480.020.060.64-0.010.00.35
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SM Energy Account Relationship Matchups

SM Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B5.0B5.2B5.7B6.4B6.7B
Short Long Term Debt Total2.8B2.2B2.1B1.6B1.6B1.0B
Other Current Liab419.9M520.7M864.3M263.8M296.4M271.4M
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 Receivables184.7M162.5M247.2M233.3M231.2M134.6M
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 Assets12.7M10.0M9.2M10.2M69.1M72.6M
Other Stockholder Equity1.8B1.8B1.8B1.8B1.6B1.6B
Total Liab3.5B3.0B3.2B2.6B2.8B1.7B
Property Plant And Equipment Gross6.0B4.7B4.6B4.9B12.3B12.9B
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)
Short Term Debt19.2M11.9M6.5M10.1M15.4M14.7M
Common Stock Total Equity1.1M1.1M1.1M1.2M1.4M760.4K
Common Stock1.1M1.1M1.1M1.2M1.2M780.9K
Other Liab315.3M162.2M200.4M436.2M501.6M305.4M
Other Assets46.2M4.7K44.8M96.1M110.5M101.2M
Long Term Debt2.7B2.2B2.1B1.6B1.6B1.3B
Property Plant Equipment6.0B4.7B4.6B4.9B5.6B3.5B
Inventory55.2M31.2M24.1M48.7M56.4M74.0M
Net Tangible Assets2.7B2.0B2.1B3.1B3.5B2.3B
Retained Earnings Total Equity967.6M200.7M234.5M1.3B1.2B846.1M
Long Term Debt Total2.7B2.2B2.1B1.6B1.8B2.1B
Capital Surpluse1.8B1.8B1.8B1.8B2.0B1.2B
Deferred Long Term Liab192.8M22.3M35.5M282.0M253.8M322.4M
Non Current Liabilities Other145.6M139.9M164.9M69.6M65.0M61.8M

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Check out World Market Map 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 population.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Oil & Gas Exploration & Production 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 SM Energy. If investors know SM Energy 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 SM Energy 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
0.112
Dividend Share
0.74
Earnings Share
7.14
Revenue Per Share
20.3
Quarterly Revenue Growth
(0.04)
The market value of SM Energy is measured differently than its book value, which is the value of SM Energy that is recorded on the company's balance sheet. Investors also form their own opinion of SM Energy's value that differs from its market value or its book value, called intrinsic value, which is SM Energy's 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 SM Energy's market value can be influenced by many factors that don't directly affect SM Energy's 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 SM Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SM Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SM Energy's 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.