Smith Deferred Long Term Liab vs Common Stock Analysis

SMSI Stock  USD 0.86  0.03  3.61%   
Smith Micro financial indicator trend analysis is much more than just breaking down Smith Micro Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smith Micro Software is a good investment. Please check the relationship between Smith Micro Deferred Long Term Liab and its Common Stock accounts. 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.

Deferred Long Term Liab vs Common Stock

Deferred Long Term Liab vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smith Micro Software Deferred Long Term Liab account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Smith Micro's Deferred Long Term Liab and Common Stock is -0.38. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Smith Micro Software, assuming nothing else is changed. The correlation between historical values of Smith Micro's Deferred Long Term Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Smith Micro Software are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Deferred Long Term Liab i.e., Smith Micro's Deferred Long Term Liab and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Common Stock

Most indicators from Smith Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is decreasing as compared to previous years. The Smith Micro's current Tax Provision is estimated to increase to about 182.7 K, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit45.7M34.3M30.3M33.5M
Total Revenue58.4M48.5M40.9M42.5M

Smith Micro fundamental ratios Correlations

0.110.670.990.58-0.2-0.490.910.470.860.810.440.70.78-0.160.840.120.670.820.530.550.480.520.810.210.76
0.110.590.040.470.0-0.070.35-0.09-0.09-0.180.40.450.040.5-0.070.080.50.210.430.030.110.29-0.14-0.420.23
0.670.590.570.440.03-0.410.760.260.520.480.350.590.420.010.460.270.960.340.430.670.530.860.480.050.61
0.990.040.570.56-0.21-0.460.870.460.870.810.430.670.8-0.160.850.060.560.850.510.490.40.430.820.210.74
0.580.470.440.56-0.540.070.640.520.150.230.930.860.670.520.350.020.460.740.940.050.340.060.050.150.32
-0.20.00.03-0.21-0.540.0-0.09-0.880.13-0.17-0.66-0.48-0.19-0.05-0.17-0.14-0.05-0.3-0.63-0.04-0.20.290.19-0.4-0.26
-0.49-0.07-0.41-0.460.070.0-0.54-0.23-0.61-0.660.11-0.27-0.120.74-0.47-0.59-0.47-0.260.02-0.5-0.52-0.32-0.57-0.09-0.5
0.910.350.760.870.64-0.09-0.540.350.720.720.50.770.67-0.10.750.30.80.760.590.490.620.520.660.130.65
0.47-0.090.260.460.52-0.88-0.230.350.190.450.60.550.31-0.210.410.260.390.340.60.440.530.070.140.490.42
0.86-0.090.520.870.150.13-0.610.720.190.82-0.040.330.56-0.440.80.070.490.640.050.550.370.560.990.110.65
0.81-0.180.480.810.23-0.17-0.660.720.450.820.140.530.44-0.530.850.360.530.570.250.520.530.40.80.580.67
0.440.40.350.430.93-0.660.110.50.6-0.040.140.860.590.490.180.010.370.540.990.090.25-0.01-0.150.210.27
0.70.450.590.670.86-0.48-0.270.770.550.330.530.860.60.210.460.120.60.690.920.320.440.220.230.290.51
0.780.040.420.80.67-0.19-0.120.670.310.560.440.590.60.210.47-0.110.360.720.610.240.120.320.480.10.48
-0.160.50.01-0.160.52-0.050.74-0.1-0.21-0.44-0.530.490.210.21-0.33-0.47-0.120.140.44-0.47-0.43-0.16-0.48-0.23-0.19
0.84-0.070.460.850.35-0.17-0.470.750.410.80.850.180.460.47-0.330.30.50.730.270.390.440.320.810.370.63
0.120.080.270.060.02-0.14-0.590.30.260.070.360.010.12-0.11-0.470.30.41-0.010.050.130.540.070.060.380.17
0.670.50.960.560.46-0.05-0.470.80.390.490.530.370.60.36-0.120.50.410.340.450.690.740.780.460.140.55
0.820.210.340.850.74-0.3-0.260.760.340.640.570.540.690.720.140.73-0.010.340.590.060.270.050.580.060.54
0.530.430.430.510.94-0.630.020.590.60.050.250.990.920.610.440.270.050.450.590.160.310.05-0.050.230.35
0.550.030.670.490.05-0.04-0.50.490.440.550.520.090.320.24-0.470.390.130.690.060.160.540.780.550.150.37
0.480.110.530.40.34-0.2-0.520.620.530.370.530.250.440.12-0.430.440.540.740.270.310.540.370.340.290.21
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
0.81-0.140.480.820.050.19-0.570.660.140.990.8-0.150.230.48-0.480.810.060.460.58-0.050.550.340.570.10.63
0.21-0.420.050.210.15-0.4-0.090.130.490.110.580.210.290.1-0.230.370.380.140.060.230.150.290.010.10.11
0.760.230.610.740.32-0.26-0.50.650.420.650.670.270.510.48-0.190.630.170.550.540.350.370.210.450.630.11
Click cells to compare fundamentals

Smith Micro Account Relationship Matchups

Smith Micro fundamental ratios 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

Currently Active Assets on Macroaxis

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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.