Smith Historical Balance Sheet

SMSI Stock  USD 0.86  0.03  3.61%   
Trend analysis of Smith Micro Software balance sheet accounts such as Property Plant And Equipment Net of 4 M, Accounts Payable of 2.1 M, Cash of 6.8 M or Non Current Assets Total of 72.1 M provides information on Smith Micro's total assets, liabilities, and equity, which is the actual value of Smith Micro Software to its prevalent stockholders. By breaking down trends over time using Smith Micro balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Smith Micro Software latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Smith Micro Software is a good buy for the upcoming year.

Smith Micro Inventory

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Micro Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Smith Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Smith Micro Software at a specified time, usually calculated after every quarter, six months, or one year. Smith Micro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Smith Micro and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Smith currently owns. An asset can also be divided into two categories, current and non-current.

Smith Micro Balance Sheet Chart

As of now, Smith Micro's Net Receivables is increasing as compared to previous years. The Smith Micro's current Property Plant And Equipment Gross is estimated to increase to about 12.2 M, while Total Assets are projected to decrease to under 66.9 M.

Total Assets

Total assets refers to the total amount of Smith Micro assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Smith Micro Software books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Smith Micro 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 Micro Software 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings Total Equity

The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.
Most accounts from Smith Micro's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Smith Micro Software current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Micro Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of now, Smith Micro's Net Receivables is increasing as compared to previous years. The Smith Micro's current Property Plant And Equipment Gross is estimated to increase to about 12.2 M, while Total Assets are projected to decrease to under 66.9 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities3.1M5.6M2.2M3.6M
Total Assets115.4M103.6M85.6M66.9M

Smith Micro balance sheet Correlations

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0.520.290.860.430.060.29-0.320.520.070.560.4-0.010.220.32-0.160.320.070.780.050.050.780.370.570.010.45
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Smith Micro Account Relationship Matchups

Smith Micro balance sheet Accounts

201920202021202220232024 (projected)
Total Assets61.2M72.9M115.4M103.6M85.6M66.9M
Other Current Liab2.4M433K3.1M5.6M2.2M3.6M
Total Current Liabilities5.7M8.4M9.4M20.7M7.6M7.1M
Total Stockholder Equity48.7M58.7M100.6M76.4M75.4M57.6M
Property Plant And Equipment Net8.6M8.0M8.4M5.2M3.6M4.0M
Net Debt(21.3M)(19.5M)(10.2M)(602K)(3.9M)(4.1M)
Retained Earnings(225.4M)(221.2M)(252.3M)(281.6M)(305.9M)(290.7M)
Accounts Payable2.1M2.3M3.3M3.2M2.5M2.1M
Cash28.3M25.8M16.1M14.0M7.1M6.8M
Non Current Assets Total21.2M33.6M86.7M77.1M68.7M72.1M
Non Currrent Assets Other234K694K620K490K482K454.8K
Cash And Short Term Investments28.3M25.8M16.1M14.0M7.1M6.8M
Net Receivables10.9M12.3M10.6M10.5M7.9M9.7M
Common Stock Shares Outstanding4.6M5.3M6.4M6.9M8.1M5.4M
Liabilities And Stockholders Equity61.2M72.9M115.4M103.6M85.6M66.9M
Other Current Assets802K2.4M4.0M2.0M1.8M1.3M
Other Stockholder Equity274.0M501.1M352.8M357.9M381.3M215.6M
Total Liab12.5M14.2M14.8M27.2M10.2M9.3M
Property Plant And Equipment Gross8.6M8.0M20.4M5.2M11.7M12.2M
Total Current Assets40.0M39.3M28.7M26.5M16.9M16.0M
Accumulated Other Comprehensive Income(225.4M)(221.2M)(252.3M)(281.6M)(253.4M)(240.7M)
Non Current Liabilities Total6.8M5.8M5.4M6.5M2.5M3.9M
Intangible Assets4.5M12.7M42.6M36.3M29.5M31.0M
Other Assets328K8.6M620K490K563.5K535.3K
Common Stock Total Equity38K41K54K56K64.4K33.7K
Common Stock38K41K54K56K75K78.8K
Property Plant Equipment2.1M2.2M2.7M1.5M1.7M1.6M
Other Liab1.0M1.0M961K3.5M4.0M2.2M
Net Tangible Assets36.4M33.8M22.9M5.0M4.5M4.3M
Retained Earnings Total Equity(225.4M)(221.2M)(252.3M)(281.6M)(253.4M)(266.1M)
Capital Surpluse274.0M279.9M352.8M357.9M411.6M281.3M
Deferred Long Term Liab885K946K961K178K160.2K152.2K
Non Current Liabilities Other5.9M4.9M4.5M6.3M7.2M4.3M

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When determining whether Smith Micro Software offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Micro's 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 Micro Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Micro Software Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Micro Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Application Software 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 Micro. 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 Micro 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
(0.84)
Earnings Share
(4.94)
Revenue Per Share
3.252
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.19)
The market value of Smith Micro Software 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 Micro's value that differs from its market value or its book value, called intrinsic value, which is Smith Micro'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 Smith Micro's market value can be influenced by many factors that don't directly affect Smith Micro'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 Smith Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Micro'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.