SmartRent Issuance Of Capital Stock vs Investments Analysis

SMRT Stock

USD 1.83 0.03 1.61%

SmartRent financial indicator trend analysis is much more than just breaking down SmartRent prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SmartRent is a good investment. Please check the relationship between SmartRent Issuance Of Capital Stock and its Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SmartRent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.

Issuance Of Capital Stock vs Investments

Issuance Of Capital Stock vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SmartRent Issuance Of Capital Stock account and Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between SmartRent's Issuance Of Capital Stock and Investments is 0.53. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Investments in the same time period over historical financial statements of SmartRent, assuming nothing else is changed. The correlation between historical values of SmartRent's Issuance Of Capital Stock and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of SmartRent are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Issuance Of Capital Stock i.e., SmartRent's Issuance Of Capital Stock and Investments go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Issuance Of Capital Stock

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Most indicators from SmartRent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SmartRent 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 SmartRent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.At this time, SmartRent's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 42.4 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	61.6M	105.6M	92.7M	140.0M
Cost Of Revenue	120.7M	166.5M	187.3M	347.8M

Total Operating Expenses Cost Of Revenue

SmartRent fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets	Other Assets
Common Stock Shares Outstanding		0.57	-0.57	-0.49	-0.22	0.98	-0.53	-0.81	-0.81	-0.48	0.88	0.11	0.33	0.88	-0.71	-0.46	-0.46	0.35	0.94	-0.36	-0.64	0.71	-0.71	0.91	0.93	0.94
Total Assets	0.57		0.32	0.35	0.64	0.46	0.37	-0.08	-0.14	0.43	0.33	0.75	0.86	0.33	0.01	0.45	0.46	0.94	0.81	0.54	-0.48	0.93	0.01	0.22	0.42	0.29
Short Long Term Debt Total	-0.57	0.32		0.88	0.9	-0.67	0.99	0.89	0.84	0.98	-0.71	0.65	0.41	-0.71	0.89	0.98	0.98	0.51	-0.26	0.96	0.34	0.07	0.89	-0.83	-0.68	-0.8
Other Current Liab	-0.49	0.35	0.88		0.89	-0.58	0.92	0.79	0.72	0.93	-0.64	0.67	0.44	-0.64	0.69	0.88	0.9	0.48	-0.23	0.9	0.15	0.09	0.69	-0.69	-0.62	-0.68
Total Current Liabilities	-0.22	0.64	0.9	0.89		-0.37	0.93	0.71	0.56	0.95	-0.5	0.9	0.63	-0.5	0.68	0.94	0.95	0.76	0.11	0.98	0.06	0.35	0.68	-0.55	-0.42	-0.52
Total Stockholder Equity	0.98	0.46	-0.67	-0.58	-0.37		-0.64	-0.91	-0.82	-0.6	0.96	-0.09	0.27	0.96	-0.78	-0.58	-0.58	0.23	0.87	-0.49	-0.63	0.67	-0.78	0.93	0.98	0.97
Property Plant And Equipment Net	-0.53	0.37	0.99	0.92	0.93	-0.64		0.87	0.81	0.99	-0.68	0.68	0.44	-0.68	0.86	0.98	0.99	0.53	-0.23	0.97	0.3	0.11	0.86	-0.8	-0.65	-0.77
Net Debt	-0.81	-0.08	0.89	0.79	0.71	-0.91	0.87		0.86	0.84	-0.95	0.47	0.05	-0.95	0.89	0.83	0.83	0.14	-0.59	0.79	0.52	-0.38	0.89	-0.92	-0.93	-0.95
Retained Earnings	-0.81	-0.14	0.84	0.72	0.56	-0.82	0.81	0.86		0.75	-0.74	0.16	0.08	-0.74	0.89	0.75	0.73	0.06	-0.64	0.67	0.59	-0.27	0.89	-0.94	-0.78	-0.91
Accounts Payable	-0.48	0.43	0.98	0.93	0.95	-0.6	0.99	0.84	0.75		-0.66	0.74	0.49	-0.66	0.82	0.99	0.99	0.59	-0.17	0.99	0.24	0.16	0.82	-0.76	-0.61	-0.73
Cash	0.88	0.33	-0.71	-0.64	-0.5	0.96	-0.68	-0.95	-0.74	-0.66		-0.31	0.18	1.0	-0.77	-0.63	-0.65	0.1	0.74	-0.58	-0.55	0.62	-0.77	0.87	0.99	0.93
Non Current Assets Total	0.11	0.75	0.65	0.67	0.9	-0.09	0.68	0.47	0.16	0.74	-0.31		0.63	-0.31	0.39	0.72	0.75	0.81	0.4	0.81	-0.15	0.45	0.39	-0.2	-0.19	-0.2
Non Currrent Assets Other	0.33	0.86	0.41	0.44	0.63	0.27	0.44	0.05	0.08	0.49	0.18	0.63		0.18	0.12	0.53	0.54	0.93	0.56	0.59	-0.38	0.81	0.12	-0.01	0.22	0.07
Cash And Short Term Investments	0.88	0.33	-0.71	-0.64	-0.5	0.96	-0.68	-0.95	-0.74	-0.66	1.0	-0.31	0.18		-0.77	-0.63	-0.65	0.1	0.74	-0.58	-0.55	0.62	-0.77	0.87	0.99	0.93
Common Stock Total Equity	-0.71	0.01	0.89	0.69	0.68	-0.78	0.86	0.89	0.89	0.82	-0.77	0.39	0.12	-0.77		0.81	0.81	0.17	-0.48	0.76	0.73	-0.21	1.0	-0.93	-0.74	-0.89
Non Current Liabilities Total	-0.46	0.45	0.98	0.88	0.94	-0.58	0.98	0.83	0.75	0.99	-0.63	0.72	0.53	-0.63	0.81		1.0	0.63	-0.14	0.99	0.2	0.2	0.81	-0.75	-0.59	-0.71
Inventory	-0.46	0.46	0.98	0.9	0.95	-0.58	0.99	0.83	0.73	0.99	-0.65	0.75	0.54	-0.65	0.81	1.0		0.64	-0.13	0.99	0.2	0.19	0.81	-0.74	-0.6	-0.71
Other Current Assets	0.35	0.94	0.51	0.48	0.76	0.23	0.53	0.14	0.06	0.59	0.1	0.81	0.93	0.1	0.17	0.63	0.64		0.63	0.7	-0.42	0.82	0.17	-0.01	0.17	0.05
Other Stockholder Equity	0.94	0.81	-0.26	-0.23	0.11	0.87	-0.23	-0.59	-0.64	-0.17	0.74	0.4	0.56	0.74	-0.48	-0.14	-0.13	0.63		-0.03	-0.62	0.87	-0.48	0.72	0.82	0.78
Total Liab	-0.36	0.54	0.96	0.9	0.98	-0.49	0.97	0.79	0.67	0.99	-0.58	0.81	0.59	-0.58	0.76	0.99	0.99	0.7	-0.03		0.14	0.27	0.76	-0.67	-0.52	-0.63
Property Plant And Equipment Gross	-0.64	-0.48	0.34	0.15	0.06	-0.63	0.3	0.52	0.59	0.24	-0.55	-0.15	-0.38	-0.55	0.73	0.2	0.2	-0.42	-0.62	0.14		-0.56	0.73	-0.68	-0.55	-0.65
Total Current Assets	0.71	0.93	0.07	0.09	0.35	0.67	0.11	-0.38	-0.27	0.16	0.62	0.45	0.81	0.62	-0.21	0.2	0.19	0.82	0.87	0.27	-0.56		-0.21	0.41	0.67	0.51
Common Stock	-0.71	0.01	0.89	0.69	0.68	-0.78	0.86	0.89	0.89	0.82	-0.77	0.39	0.12	-0.77	1.0	0.81	0.81	0.17	-0.48	0.76	0.73	-0.21		-0.93	-0.74	-0.89
Other Liab	0.91	0.22	-0.83	-0.69	-0.55	0.93	-0.8	-0.92	-0.94	-0.76	0.87	-0.2	-0.01	0.87	-0.93	-0.75	-0.74	-0.01	0.72	-0.67	-0.68	0.41	-0.93		0.89	0.99
Net Tangible Assets	0.93	0.42	-0.68	-0.62	-0.42	0.98	-0.65	-0.93	-0.78	-0.61	0.99	-0.19	0.22	0.99	-0.74	-0.59	-0.6	0.17	0.82	-0.52	-0.55	0.67	-0.74	0.89		0.95
Other Assets	0.94	0.29	-0.8	-0.68	-0.52	0.97	-0.77	-0.95	-0.91	-0.73	0.93	-0.2	0.07	0.93	-0.89	-0.71	-0.71	0.05	0.78	-0.63	-0.65	0.51	-0.89	0.99	0.95

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SmartRent Account Relationship Matchups

SmartRent fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	921K	10.4M	193.9M	195.6M	200.7M	101.9M
Total Assets	47.5M	103.8M	579.7M	560.8M	509.8M	427.8M
Short Long Term Debt Total	153.3M	17.3M	4.8M	1.3M	1.2M	1.1M
Other Current Liab	12.0M	46.5M	22.2M	34.4M	25.0M	30.9M
Total Current Liabilities	21.3M	32.8M	70.6M	132.8M	117.3M	86.1M
Total Stockholder Equity	1.8M	33.2M	449.5M	364.2M	342.4M	201.5M
Property Plant And Equipment Net	2.1M	1.8M	1.9M	2.1M	4.0M	3.8M
Net Debt	(4.2M)	(33.8M)	(430.8M)	(210.4M)	(215.2M)	(204.5M)
Retained Earnings	(45.5M)	(82.6M)	(154.6M)	(250.9M)	(285.5M)	(271.2M)
Accounts Payable	1.7M	2.3M	6.1M	18.4M	15.1M	28.9M
Cash	21.4M	38.6M	430.8M	210.4M	215.2M	147.1M
Non Current Assets Total	7.3M	16.2M	43.7M	182.5M	169.4M	116.1M
Non Currrent Assets Other	5.1M	10.3M	29.1M	32.0M	13.1M	21.8M
Cash And Short Term Investments	21.4M	38.6M	430.8M	210.4M	215.2M	147.1M
Common Stock Total Equity	484K	863.0	19K	20K	18K	17.1K
Liabilities And Stockholders Equity	47.5M	103.8M	579.7M	560.8M	509.8M	427.8M
Non Current Liabilities Total	24.4M	37.8M	59.6M	63.9M	50.0M	78.4M
Inventory	6.3M	17.6M	33.2M	75.7M	41.6M	80.1M
Other Current Assets	5.6M	10.6M	26.5M	29.8M	21.6M	23.4M
Other Stockholder Equity	1.1M	4.2M	604.1M	615.3M	628.2M	385.3M
Total Liab	45.7M	70.7M	130.2M	196.6M	167.3M	164.5M
Property Plant And Equipment Gross	458.2M	2.1M	5.6M	7.7M	6.4M	6.1M
Total Current Assets	40.2M	87.7M	536.0M	378.4M	340.3M	311.6M
Accumulated Other Comprehensive Income	(275.9M)	235K	9K	(176K)	(216K)	(226.8K)
Common Stock	484K	863.0	19K	20K	18K	17.1K

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