SMX Total Current Liabilities vs Other Current Liab Analysis

SMX Stock   0.21  0.02  8.70%   
SMX Public financial indicator trend analysis is much more than just breaking down SMX Public Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SMX Public Limited is a good investment. Please check the relationship between SMX Public Total Current Liabilities and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SMX Public Limited. 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.

Total Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SMX Public Limited Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have totally related.
The correlation between SMX Public's Total Current Liabilities and Other Current Liab is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of SMX Public Limited, assuming nothing else is changed. The correlation between historical values of SMX Public's Total Current Liabilities and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of SMX Public Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., SMX Public's Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on SMX Public balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SMX Public Limited 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.

Other Current Liab

Most indicators from SMX Public's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SMX Public Limited 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 SMX Public Limited. 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.
Selling General Administrative is likely to rise to about 17.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization315K290K227K210.2K
Interest Income237K28K1.6M1.7M

SMX Public fundamental ratios Correlations

0.99-0.860.69-0.970.980.680.2-0.40.860.690.980.660.57-0.90.980.84-0.920.98-0.92-0.860.28-0.90.120.970.89
0.99-0.810.59-0.951.00.590.32-0.510.820.610.990.690.53-0.951.00.87-0.940.99-0.94-0.80.32-0.890.140.990.88
-0.86-0.81-0.850.88-0.82-0.750.0-0.01-0.82-0.8-0.77-0.69-0.350.72-0.81-0.790.82-0.770.820.8-0.440.88-0.34-0.82-0.74
0.690.59-0.85-0.790.60.93-0.150.340.860.980.530.660.25-0.510.580.66-0.660.52-0.66-0.660.45-0.730.460.610.64
-0.97-0.950.88-0.79-0.95-0.8-0.160.25-0.92-0.81-0.92-0.78-0.440.88-0.95-0.910.95-0.910.950.84-0.450.95-0.32-0.96-0.87
0.981.0-0.820.6-0.950.60.32-0.50.830.610.990.710.52-0.951.00.88-0.950.99-0.95-0.80.34-0.90.160.990.88
0.680.59-0.750.93-0.80.6-0.090.320.790.950.520.680.1-0.520.580.7-0.680.52-0.68-0.620.55-0.770.530.620.54
0.20.320.0-0.15-0.160.32-0.09-0.510.08-0.180.30.41-0.15-0.580.310.41-0.380.31-0.380.310.33-0.060.170.370.14
-0.4-0.51-0.010.340.25-0.50.32-0.51-0.130.3-0.58-0.02-0.570.54-0.52-0.220.33-0.590.330.230.310.150.49-0.46-0.46
0.860.82-0.820.86-0.920.830.790.08-0.130.890.790.770.51-0.770.820.81-0.850.78-0.85-0.770.38-0.820.340.830.92
0.690.61-0.80.98-0.810.610.95-0.180.30.890.540.710.25-0.520.60.7-0.690.53-0.69-0.70.49-0.770.510.630.67
0.980.99-0.770.53-0.920.990.520.3-0.580.790.540.60.61-0.930.990.81-0.91.0-0.9-0.810.2-0.840.020.970.89
0.660.69-0.690.66-0.780.710.680.41-0.020.770.710.6-0.08-0.790.690.95-0.890.6-0.89-0.40.86-0.80.790.780.59
0.570.53-0.350.25-0.440.520.1-0.15-0.570.510.250.61-0.08-0.360.540.12-0.280.62-0.28-0.67-0.57-0.26-0.620.430.76
-0.9-0.950.72-0.510.88-0.95-0.52-0.580.54-0.77-0.52-0.93-0.79-0.36-0.95-0.920.96-0.930.960.59-0.460.81-0.27-0.97-0.81
0.981.0-0.810.58-0.951.00.580.31-0.520.820.60.990.690.54-0.950.87-0.940.99-0.94-0.810.31-0.890.130.990.89
0.840.87-0.790.66-0.910.880.70.41-0.220.810.70.810.950.12-0.920.87-0.980.81-0.98-0.590.73-0.920.590.930.72
-0.92-0.940.82-0.660.95-0.95-0.68-0.380.33-0.85-0.69-0.9-0.89-0.280.96-0.94-0.98-0.91.00.69-0.60.94-0.45-0.98-0.81
0.980.99-0.770.52-0.910.990.520.31-0.590.780.531.00.60.62-0.930.990.81-0.9-0.9-0.80.2-0.840.010.970.89
-0.92-0.940.82-0.660.95-0.95-0.68-0.380.33-0.85-0.69-0.9-0.89-0.280.96-0.94-0.981.0-0.90.69-0.60.94-0.45-0.98-0.81
-0.86-0.80.8-0.660.84-0.8-0.620.310.23-0.77-0.7-0.81-0.4-0.670.59-0.81-0.590.69-0.80.69-0.060.830.02-0.75-0.81
0.280.32-0.440.45-0.450.340.550.330.310.380.490.20.86-0.57-0.460.310.73-0.60.2-0.6-0.06-0.590.960.440.1
-0.9-0.890.88-0.730.95-0.9-0.77-0.060.15-0.82-0.77-0.84-0.8-0.260.81-0.89-0.920.94-0.840.940.83-0.59-0.46-0.92-0.74
0.120.14-0.340.46-0.320.160.530.170.490.340.510.020.79-0.62-0.270.130.59-0.450.01-0.450.020.96-0.460.260.02
0.970.99-0.820.61-0.960.990.620.37-0.460.830.630.970.780.43-0.970.990.93-0.980.97-0.98-0.750.44-0.920.260.86
0.890.88-0.740.64-0.870.880.540.14-0.460.920.670.890.590.76-0.810.890.72-0.810.89-0.81-0.810.1-0.740.020.86
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SMX Public Account Relationship Matchups

SMX Public fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab26.4K535K643K600K2.6M2.7M
Total Current Liabilities1.0M1.4M1.9M4.9M18.0M18.9M
Retained Earnings(14.3M)(18.9M)(23.8M)(30.0M)(50.9M)(48.4M)
Accounts Payable192.3K515K916K3.0M10.5M11.0M
Net Receivables275.2K417K396K444K405K387.5K
Other Stockholder Equity2.3M2.9M(143.8M)32.7M29.4M30.9M
Total Current Assets2.0M4.8M5.1M5.1M802K761.9K
Common Stock15.0M21.9M28.2M32.7M62.9M31.5M

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