SmartRent Net Debt from 2010 to 2024

SMRT Stock  USD 1.71  0.02  1.16%   
SmartRent Net Debt yearly trend continues to be comparatively stable with very little volatility. Net Debt is likely to outpace its year average in 2024. Net Debt is the total debt of SmartRent minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
-215.2 M
Current Value
-204.5 M
Quarterly Volatility
190.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SmartRent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SmartRent's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11 M, Interest Expense of 9 M or Selling General Administrative of 42.4 M, as well as many indicators such as Price To Sales Ratio of 3.99, Dividend Yield of 0.0 or PTB Ratio of 3.64. SmartRent financial statements analysis is a perfect complement when working with SmartRent Valuation or Volatility modules.
  
Check out the analysis of SmartRent Correlation against competitors.
For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.

Latest SmartRent's Net Debt Growth Pattern

Below is the plot of the Net Debt of SmartRent over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. SmartRent's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SmartRent's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

SmartRent Net Debt Regression Statistics

Arithmetic Mean14,074,580
Geometric Mean120,542,869
Coefficient Of Variation1,352
Mean Deviation157,777,704
Median145,725,000
Standard Deviation190,278,634
Sample Variance36206T
Range576.6M
R-Value(0.80)
Mean Square Error13968.5T
R-Squared0.64
Significance0.0003
Slope(34,084,629)
Total Sum of Squares506883.4T

SmartRent Net Debt History

2024-204.5 M
2023-215.2 M
2022-210.4 M
2021-430.8 M
2020-33.8 M
2019-4.2 M
2018144.2 M

Other Fundumenentals of SmartRent

SmartRent Net Debt component correlations

0.46-0.08-0.140.430.540.930.010.420.260.210.510.160.31-0.050.260.37-0.05-0.350.360.130.24
0.46-0.91-0.82-0.6-0.490.67-0.780.980.920.710.91-0.470.84-0.340.720.98-0.34-0.940.940.50.67
-0.08-0.910.860.840.79-0.380.89-0.93-0.89-0.71-0.760.7-0.770.45-0.62-0.940.450.92-0.94-0.5-0.6
-0.14-0.820.860.750.67-0.270.89-0.78-0.97-0.97-0.820.74-0.960.71-0.9-0.90.710.95-0.76-0.79-0.92
0.43-0.60.840.750.990.160.82-0.61-0.72-0.59-0.480.67-0.610.36-0.53-0.670.360.67-0.63-0.43-0.52
0.54-0.490.790.670.990.270.76-0.52-0.63-0.51-0.370.67-0.510.35-0.44-0.580.350.58-0.55-0.38-0.43
0.930.67-0.38-0.270.160.27-0.210.670.410.260.61-0.040.39-0.080.260.58-0.08-0.530.640.140.23
0.01-0.780.890.890.820.76-0.21-0.74-0.9-0.78-0.610.83-0.790.52-0.69-0.830.520.84-0.77-0.57-0.69
0.420.98-0.93-0.78-0.61-0.520.67-0.740.860.660.88-0.50.77-0.360.620.97-0.36-0.920.980.480.58
0.260.92-0.89-0.97-0.72-0.630.41-0.90.860.90.88-0.630.97-0.520.90.95-0.52-0.960.820.690.88
0.210.71-0.71-0.97-0.59-0.510.26-0.780.660.90.78-0.680.95-0.790.930.82-0.79-0.890.630.850.97
0.510.91-0.76-0.82-0.48-0.370.61-0.610.880.880.78-0.30.9-0.410.850.9-0.41-0.90.780.660.8
0.16-0.470.70.740.670.67-0.040.83-0.5-0.63-0.68-0.3-0.530.79-0.44-0.610.790.65-0.6-0.63-0.5
0.310.84-0.77-0.96-0.61-0.510.39-0.790.770.970.950.9-0.53-0.590.970.89-0.59-0.930.710.750.96
-0.05-0.340.450.710.360.35-0.080.52-0.36-0.52-0.79-0.410.79-0.59-0.57-0.511.00.61-0.42-0.84-0.66
0.260.72-0.62-0.9-0.53-0.440.26-0.690.620.90.930.85-0.440.97-0.570.76-0.57-0.820.520.810.99
0.370.98-0.94-0.9-0.67-0.580.58-0.830.970.950.820.9-0.610.89-0.510.76-0.51-0.990.950.60.75
-0.05-0.340.450.710.360.35-0.080.52-0.36-0.52-0.79-0.410.79-0.591.0-0.57-0.510.61-0.42-0.84-0.66
-0.35-0.940.920.950.670.58-0.530.84-0.92-0.96-0.89-0.90.65-0.930.61-0.82-0.990.61-0.91-0.68-0.82
0.360.94-0.94-0.76-0.63-0.550.64-0.770.980.820.630.78-0.60.71-0.420.520.95-0.42-0.910.420.51
0.130.5-0.5-0.79-0.43-0.380.14-0.570.480.690.850.66-0.630.75-0.840.810.6-0.84-0.680.420.82
0.240.67-0.6-0.92-0.52-0.430.23-0.690.580.880.970.8-0.50.96-0.660.990.75-0.66-0.820.510.82
Click cells to compare fundamentals

About SmartRent Financial Statements

SmartRent shareholders use historical fundamental indicators, such as Net Debt, to determine how well the company is positioned to perform in the future. Although SmartRent investors may analyze each financial statement separately, they are all interrelated. The changes in SmartRent's assets and liabilities, for example, are also reflected in the revenues and expenses on on SmartRent's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Debt-215.2 M-204.5 M
Net Debt To EBITDA 5.68  5.97 

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Additional Tools for SmartRent Stock Analysis

When running SmartRent's price analysis, check to measure SmartRent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.