SMDS Accounts Payable vs Common Stock Shares Outstanding Analysis

SMDS Stock   537.00  7.00  1.29%   
DS Smith financial indicator trend analysis is much more than just examining DS Smith PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DS Smith PLC is a good investment. Please check the relationship between DS Smith Accounts Payable and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in DS Smith PLC. 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.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DS Smith PLC Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between DS Smith's Accounts Payable and Common Stock Shares Outstanding is 0.76. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of DS Smith PLC, assuming nothing else is changed. The correlation between historical values of DS Smith's Accounts Payable and Common Stock Shares Outstanding 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 DS Smith PLC are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., DS Smith's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents DS Smith 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 DS Smith PLC 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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from DS Smith's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DS Smith PLC 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 DS Smith PLC. 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 gain to about 1.5 B in 2024, whereas Discontinued Operations is likely to drop slightly above 13.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense68M75M116M121.8M
Depreciation And Amortization428M425M421M442.1M

DS Smith fundamental ratios Correlations

0.970.90.970.980.980.930.920.930.631.0-0.580.70.920.870.520.950.970.450.980.990.980.970.840.920.75
0.970.850.90.920.960.980.860.850.560.98-0.470.630.90.830.50.970.940.330.950.980.960.890.790.90.7
0.90.850.870.880.930.80.880.810.630.9-0.390.510.910.70.180.870.880.470.870.890.930.850.620.910.55
0.970.90.870.950.940.870.890.980.580.95-0.580.660.880.810.520.860.980.510.920.960.940.980.870.880.7
0.980.920.880.950.970.860.950.890.720.98-0.610.770.90.90.520.910.930.460.980.950.970.960.860.90.73
0.980.960.930.940.970.930.960.890.610.99-0.50.630.920.830.440.950.950.390.950.971.00.920.810.930.64
0.930.980.80.870.860.930.80.830.40.95-0.440.50.840.780.490.960.910.290.90.960.930.830.760.840.68
0.920.860.880.890.950.960.80.820.670.92-0.480.660.860.790.410.840.870.360.90.870.950.890.830.860.52
0.930.850.810.980.890.890.830.820.50.9-0.570.60.820.760.520.80.970.490.860.940.890.960.830.820.71
0.630.560.630.580.720.610.40.670.50.61-0.350.860.70.610.290.550.560.370.710.560.60.70.560.710.46
1.00.980.90.950.980.990.950.920.90.61-0.570.670.910.880.50.970.960.420.980.990.990.940.820.910.74
-0.58-0.47-0.39-0.58-0.61-0.5-0.44-0.48-0.57-0.35-0.57-0.66-0.39-0.74-0.73-0.55-0.51-0.33-0.59-0.55-0.5-0.59-0.41-0.38-0.82
0.70.630.510.660.770.630.50.660.60.860.67-0.660.680.750.720.630.620.430.770.630.630.770.680.680.67
0.920.90.910.880.90.920.840.860.820.70.91-0.390.680.720.380.890.890.490.910.910.920.90.741.00.57
0.870.830.70.810.90.830.780.790.760.610.88-0.740.750.720.580.840.780.370.920.830.830.830.730.720.86
0.520.50.180.520.520.440.490.410.520.290.5-0.730.720.380.580.510.490.30.520.50.430.560.590.370.6
0.950.970.870.860.910.950.960.840.80.550.97-0.550.630.890.840.510.890.390.950.950.950.850.720.890.73
0.970.940.880.980.930.950.910.870.970.560.96-0.510.620.890.780.490.890.480.910.980.950.960.830.890.69
0.450.330.470.510.460.390.290.360.490.370.42-0.330.430.490.370.30.390.480.420.440.390.550.430.490.33
0.980.950.870.920.980.950.90.90.860.710.98-0.590.770.910.920.520.950.910.420.950.960.940.810.910.79
0.990.980.890.960.950.970.960.870.940.560.99-0.550.630.910.830.50.950.980.440.950.970.940.810.910.74
0.980.960.930.940.971.00.930.950.890.60.99-0.50.630.920.830.430.950.950.390.960.970.920.810.930.64
0.970.890.850.980.960.920.830.890.960.70.94-0.590.770.90.830.560.850.960.550.940.940.920.880.90.72
0.840.790.620.870.860.810.760.830.830.560.82-0.410.680.740.730.590.720.830.430.810.810.810.880.740.52
0.920.90.910.880.90.930.840.860.820.710.91-0.380.681.00.720.370.890.890.490.910.910.930.90.740.57
0.750.70.550.70.730.640.680.520.710.460.74-0.820.670.570.860.60.730.690.330.790.740.640.720.520.57
Click cells to compare fundamentals

DS Smith Account Relationship Matchups

DS Smith fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B8.7B9.9B9.5B9.3B9.7B
Short Long Term Debt Total2.7B2.6B2.3B2.1B2.8B2.9B
Other Current Liab617M517M542M889M748M785.4M
Total Current Liabilities2.2B2.5B3.6B3.0B2.7B2.8B
Total Stockholder Equity3.4B3.5B4.2B4.1B3.9B4.1B
Property Plant And Equipment Net3.3B3.3B3.3B3.8B4.0B4.2B
Net Debt2.3B2.2B1.9B1.7B2.3B2.4B
Retained Earnings1.0B1.2B1.4B1.6B1.7B1.8B
Accounts Payable1.0B1.3B1.9B1.6B1.3B1.3B
Cash402M378M469M466M499M524.0M
Non Current Assets Total6.7B6.4B6.8B6.9B6.9B7.3B
Non Currrent Assets Other(2.2B)(2.2B)(2.2B)(2.2B)50M52.5M
Cash And Short Term Investments595M813M819M472M499M524.0M
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.4B1.2B
Short Term Investments193M435M350M6M62M48.3M
Liabilities And Stockholders Equity8.6B8.7B9.9B9.5B9.3B9.7B
Non Current Liabilities Total3.1B2.7B2.1B2.3B2.6B2.7B
Inventory524M543M710M625M596M625.8M
Other Current Assets280M294M586M405M359M302.2M
Total Liab5.3B5.2B5.7B5.4B5.3B5.6B
Property Plant And Equipment Gross3.3B3.3B3.3B3.8B4.0B4.2B
Total Current Assets2.0B2.3B3.1B2.5B2.3B2.4B
Short Term Debt261M400M817M248M561M589.1M
Accumulated Other Comprehensive Income(25M)(31M)504M128M(146M)(153.3M)
Intangible Assets3.2B3.0B2.9B2.9B585M873.2M
Other Liab531M570M469M554M637.1M669.0M
Long Term Debt2.1B2.1B1.4B1.7B2.0B2.1B
Net Receivables552M646M993M1.0B872M541.4M
Good Will2.2B2.2B2.2B2.3B2.2B2.3B
Property Plant Equipment2.9B3.3B3.3B3.3B3.8B4.0B
Other Assets135M85M512M218M250.7M263.2M
Net Tangible Assets(151M)153M538M1.3B1.5B1.6B
Short Long Term Debt180M329M754M178M486M372M
Current Deferred Revenue149M133M143M165M134M140.7M
Capital Surpluse1.3B2.2B2.2B2.2B2.6B1.9B

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 SMDS Stock Analysis

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