Smart Short Long Term Debt vs Short Term Investments Analysis

SND Stock  USD 2.25  0.09  4.17%   
Smart Sand financial indicator trend analysis is much more than just breaking down Smart Sand prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smart Sand is a good investment. Please check the relationship between Smart Sand Short Long Term Debt and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smart Sand. 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.
For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.

Short Long Term Debt vs Short Term Investments

Short Long Term Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart Sand Short Long Term Debt account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Smart Sand's Short Long Term Debt and Short Term Investments is -0.09. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Smart Sand, assuming nothing else is changed. The correlation between historical values of Smart Sand's Short Long Term Debt and Short Term 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 Short Long Term Debt of Smart Sand are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Short Long Term Debt i.e., Smart Sand's Short Long Term Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Short Term Investments

Short Term Investments is an item under the current assets section of Smart Sand balance sheet. It contains any investments Smart Sand undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Smart Sand can easily liquidate in the marketplace.
Most indicators from Smart Sand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smart Sand 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 Smart Sand. 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.
For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.18, whereas Selling General Administrative is forecasted to decline to about 24.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.0M1.6M1.3M1.2M
Depreciation And Amortization26.2M27.3M28.3M14.4M

Smart Sand fundamental ratios Correlations

-0.080.020.770.970.980.970.990.02-0.130.980.480.180.99-0.350.88-0.690.180.820.91-0.260.860.750.890.250.79
-0.08-0.01-0.05-0.3-0.1-0.32-0.020.730.970.0-0.59-0.85-0.01-0.01-0.050.68-0.850.12-0.160.90.0-0.01-0.520.910.19
0.02-0.010.50.010.170.020.030.01-0.06-0.01-0.010.140.050.780.05-0.010.14-0.10.31-0.26-0.16-0.010.040.060.24
0.77-0.050.50.730.810.740.80.02-0.090.720.520.130.79-0.030.7-0.60.130.510.89-0.380.610.590.670.280.86
0.97-0.30.010.730.951.00.95-0.14-0.340.940.560.360.94-0.330.85-0.810.360.770.89-0.450.840.690.970.020.71
0.98-0.10.170.810.950.950.970.0-0.160.950.460.220.98-0.240.9-0.680.220.740.91-0.290.810.760.880.240.78
0.97-0.320.020.741.00.950.94-0.17-0.350.940.580.360.94-0.340.86-0.830.360.760.88-0.480.850.680.960.00.72
0.99-0.020.030.80.950.970.940.06-0.060.960.490.11.0-0.370.88-0.650.10.780.91-0.210.870.750.850.320.81
0.020.730.010.02-0.140.0-0.170.060.650.07-0.56-0.430.070.09-0.120.5-0.430.12-0.070.73-0.090.36-0.310.710.14
-0.130.97-0.06-0.09-0.34-0.16-0.35-0.060.65-0.06-0.5-0.95-0.05-0.01-0.040.72-0.950.09-0.190.890.02-0.13-0.550.870.11
0.980.0-0.010.720.940.950.940.960.07-0.060.380.120.96-0.370.91-0.640.120.890.85-0.180.850.740.820.30.8
0.48-0.59-0.010.520.560.460.580.49-0.56-0.50.380.330.48-0.330.44-0.650.330.210.64-0.610.40.280.66-0.290.22
0.18-0.850.140.130.360.220.360.1-0.43-0.950.120.330.090.040.01-0.691.0-0.050.19-0.78-0.070.30.53-0.73-0.01
0.99-0.010.050.790.940.980.941.00.07-0.050.960.480.09-0.350.88-0.640.090.780.92-0.210.870.740.850.330.8
-0.35-0.010.78-0.03-0.33-0.24-0.34-0.370.09-0.01-0.37-0.330.04-0.35-0.270.350.04-0.26-0.12-0.08-0.45-0.36-0.26-0.15-0.28
0.88-0.050.050.70.850.90.860.88-0.12-0.040.910.440.010.88-0.27-0.570.010.790.79-0.220.840.590.750.240.7
-0.690.68-0.01-0.6-0.81-0.68-0.83-0.650.50.72-0.64-0.65-0.69-0.640.35-0.57-0.69-0.43-0.660.82-0.59-0.47-0.890.41-0.57
0.18-0.850.140.130.360.220.360.1-0.43-0.950.120.331.00.090.040.01-0.69-0.050.19-0.78-0.070.30.53-0.73-0.01
0.820.12-0.10.510.770.740.760.780.120.090.890.21-0.050.78-0.260.79-0.43-0.050.68-0.020.710.50.640.320.65
0.91-0.160.310.890.890.910.880.91-0.07-0.190.850.640.190.92-0.120.79-0.660.190.68-0.390.690.660.850.210.74
-0.260.9-0.26-0.38-0.45-0.29-0.48-0.210.730.89-0.18-0.61-0.78-0.21-0.08-0.220.82-0.78-0.02-0.39-0.21-0.03-0.640.77-0.17
0.860.0-0.160.610.840.810.850.87-0.090.020.850.4-0.070.87-0.450.84-0.59-0.070.710.69-0.210.420.740.20.72
0.75-0.01-0.010.590.690.760.680.750.36-0.130.740.280.30.74-0.360.59-0.470.30.50.66-0.030.420.610.340.57
0.89-0.520.040.670.970.880.960.85-0.31-0.550.820.660.530.85-0.260.75-0.890.530.640.85-0.640.740.61-0.210.58
0.250.910.060.280.020.240.00.320.710.870.3-0.29-0.730.33-0.150.240.41-0.730.320.210.770.20.34-0.210.45
0.790.190.240.860.710.780.720.810.140.110.80.22-0.010.8-0.280.7-0.57-0.010.650.74-0.170.720.570.580.45
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Smart Sand Account Relationship Matchups

Smart Sand fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets361.6M427.7M374.0M360.0M346.3M313.8M
Short Long Term Debt Total63.0M63.4M55.2M44.5M43.8M49.4M
Other Current Liab9.1M2.9M10.1M323K10.2M7.8M
Total Current Liabilities40.0M37.3M48.6M51.9M54.5M39.9M
Total Stockholder Equity244.1M288.8M241.2M243.5M242.3M198.4M
Other Liab34.1M52.1M45.3M37.2M42.7M32.2M
Net Tangible Assets236.5M280.6M233.7M236.8M272.3M184.9M
Property Plant And Equipment Net258.6M306.8M292.3M284.9M278.4M235.4M
Current Deferred Revenue7.7M6.9M9.8M7.0M1.2M1.1M
Net Debt60.4M51.7M29.6M39.0M37.7M34.2M
Retained Earnings81.9M121.3M70.6M69.9M74.5M55.5M
Accounts Payable4.0M3.3M8.5M14.4M16.0M9.7M
Cash2.6M11.7M25.6M5.5M6.1M11.1M
Non Current Assets Total271.2M315.6M300.2M291.9M284.4M244.3M
Non Currrent Assets Other3.5M563K402K303K163K154.9K
Other Assets15.0M32.7M9.1M22.9M26.3M15.2M
Long Term Debt27.8M22.4M15.4M9.3M2.9M2.8M
Cash And Short Term Investments2.6M11.7M25.6M5.5M6.1M11.1M
Net Receivables64.8M69.8M19.4M35.8M26.6M31.7M
Common Stock Shares Outstanding40.3M40.3M41.8M42.4M39.0M40.2M
Liabilities And Stockholders Equity361.6M427.7M374.0M360.0M346.3M313.8M
Non Current Liabilities Total77.4M101.6M84.3M64.6M49.6M54.9M
Inventory21.4M19.1M15.0M20.2M26.8M16.9M
Other Current Assets1.5M12.2M13.9M9.1M2.4M2.3M
Other Stockholder Equity162.2M167.1M170.0M173.3M167.7M150.1M
Total Liab117.5M138.9M132.9M116.5M104.0M115.4M
Property Plant And Equipment Gross253.7M306.8M292.3M284.9M437.5M250.4M
Short Long Term Debt6.1M6.8M7.0M5.8M15.5M16.2M
Total Current Assets90.4M112.1M73.9M68.1M61.9M69.5M