Smith Historical Balance Sheet

SMID Stock  USD 35.09  0.05  0.14%   
Trend analysis of Smith Midland Corp balance sheet accounts such as Total Stockholder Equity of 41.2 M, Property Plant And Equipment Net of 33.4 M, Retained Earnings of 31.9 M or Accounts Payable of 8.9 M provides information on Smith Midland's total assets, liabilities, and equity, which is the actual value of Smith Midland Corp to its prevalent stockholders. By breaking down trends over time using Smith Midland 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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Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Smith Midland Corp 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 Midland Corp is a good buy for the upcoming year.

Smith Midland Inventory

6.22 Million

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

About Smith Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Smith Midland Corp at a specified time, usually calculated after every quarter, six months, or one year. Smith Midland Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Smith Midland 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 Midland Balance Sheet Chart

At present, Smith Midland's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 19.3 M, whereas Net Debt is projected to grow to (2.9 M).

Total Assets

Total assets refers to the total amount of Smith Midland 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 Midland Corp 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 Midland 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 Midland Corp 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.

Cash

Cash refers to the most liquid asset of Smith Midland Corp, which is listed under current asset account on Smith Midland Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Smith Midland customers. The amounts must be unrestricted with restricted cash listed in a different Smith Midland account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most accounts from Smith Midland's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Smith Midland Corp 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 Midland Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Smith Midland's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 19.3 M, whereas Net Debt is projected to grow to (2.9 M).
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total6.5M5.8M6.6M4.6M
Total Assets54.3M61.3M70.6M74.1M

Smith Midland balance sheet Correlations

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Smith Midland Account Relationship Matchups

Smith Midland balance sheet Accounts

202020212022202320242025 (projected)
Total Assets46.5M53.3M54.3M61.3M70.6M74.1M
Short Long Term Debt Total7.9M4.4M6.5M5.8M6.6M4.6M
Other Current Liab3.9M3.0M2.2M4.8M5.5M5.8M
Total Current Liabilities8.9M13.9M11.2M16.0M18.4M19.3M
Total Stockholder Equity23.6M31.8M33.1M34.2M39.3M41.2M
Property Plant And Equipment Net18.6M21.9M25.1M27.7M31.8M33.4M
Net Debt(840K)(9.1M)(256K)(3.4M)(3.1M)(2.9M)
Retained Earnings17.3M24.9M25.7M26.4M30.4M31.9M
Accounts Payable1.9M2.1M5.8M7.3M8.4M8.9M
Cash8.8M13.5M6.7M9.2M10.6M11.1M
Non Current Assets Total23.2M25.6M25.4M28.0M32.2M33.8M
Non Currrent Assets Other2.6M1.6M(1.2M)343K394.5K374.7K
Cash And Short Term Investments10.0M13.5M6.7M9.2M10.6M11.1M
Net Receivables10.5M10.9M17.7M17.7M20.4M21.4M
Common Stock Shares Outstanding5.2M5.2M5.3M5.3M6.1M4.7M
Liabilities And Stockholders Equity46.5M53.3M54.3M61.3M70.6M74.1M
Non Current Liabilities Total14.0M7.7M10.0M11.2M12.8M13.5M
Inventory2.2M2.8M3.8M5.2M5.9M6.2M
Other Current Assets615K551K706K1.3M1.5M1.5M
Other Stockholder Equity6.3M6.8M7.3M7.7M8.9M9.1M
Total Liab22.9M21.6M21.3M27.2M31.3M32.8M
Property Plant And Equipment Gross18.6M37.2M25.1M47.0M54.0M56.7M
Total Current Assets23.3M27.8M28.9M33.3M38.3M40.2M
Short Term Debt910K551K772K679K611.1K598.7K
Current Deferred Revenue2.3M3.8M3.0M2.7M3.1M3.3M
Other Liab7.3M6.9M3.8M4.3M4.9M3.2M
Other Assets4.6M3.6M249K1.01.151.09
Long Term Debt6.9M3.7M5.7M5.1M5.9M4.1M
Property Plant Equipment17.7M18.6M21.9M25.1M28.9M30.3M
Net Tangible Assets20.8M23.6M31.8M33.1M38.0M21.2M
Retained Earnings Total Equity13.0M14.6M17.3M25.7M29.5M31.0M
Capital Surpluse6.0M6.2M6.4M7.4M8.6M6.4M
Deferred Long Term Liab1.4M2.1M3.1M2.2M2.5M1.6M
Short Long Term Debt740K468K618K636K731.4K744.7K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Smith Midland Corp is a strong investment it is important to analyze Smith Midland's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smith Midland's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Midland Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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Is Construction Materials 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 Midland. 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 Midland 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
1.458
Earnings Share
1.22
Revenue Per Share
14.468
Quarterly Revenue Growth
0.507
Return On Assets
0.0862
The market value of Smith Midland Corp 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 Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland'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 Midland's market value can be influenced by many factors that don't directly affect Smith Midland'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 Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland'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.