Smith Net Receivables vs Total Stockholder Equity Analysis

AOS Stock  USD 74.49  0.39  0.53%   
Smith AO financial indicator trend analysis is much more than just breaking down Smith AO prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smith AO is a good investment. Please check the relationship between Smith AO Net Receivables and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Smith AO. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Smith Stock please use our How to Invest in Smith AO guide.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smith AO Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Smith AO's Net Receivables and Total Stockholder Equity is 0.82. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Smith AO, assuming nothing else is changed. The correlation between historical values of Smith AO's Net Receivables and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Smith AO are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., Smith AO's Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Smith AO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smith AO 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Smith AO. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Smith Stock please use our How to Invest in Smith AO guide.Enterprise Value is likely to gain to about 12.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 367.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.3B1.5B1.6B
Total Revenue3.5B3.8B3.9B2.0B

Smith AO fundamental ratios Correlations

0.330.490.780.820.9-0.340.60.70.980.270.760.98-0.420.630.570.59-0.410.970.20.98-0.570.95-0.650.650.71
0.33-0.170.160.190.070.450.020.350.26-0.140.510.210.070.890.110.250.070.51-0.110.370.10.140.050.10.13
0.49-0.170.830.730.77-0.490.870.320.540.720.060.51-0.85-0.060.820.68-0.850.440.670.43-0.690.65-0.810.870.86
0.780.160.830.950.87-0.540.930.650.820.580.380.75-0.820.380.90.62-0.80.780.650.71-0.580.84-0.70.890.88
0.820.190.730.950.86-0.540.880.690.840.440.480.82-0.740.480.820.69-0.70.790.630.77-0.580.81-0.740.870.87
0.90.070.770.870.86-0.440.820.560.930.610.450.9-0.720.330.770.71-0.720.830.440.83-0.710.95-0.740.830.86
-0.340.45-0.49-0.54-0.54-0.44-0.51-0.66-0.41-0.2-0.1-0.340.470.21-0.39-0.120.4-0.22-0.39-0.270.2-0.430.41-0.38-0.36
0.60.020.870.930.880.82-0.510.480.690.770.080.59-0.970.170.960.63-0.950.570.820.49-0.570.69-0.620.920.88
0.70.350.320.650.690.56-0.660.480.70.050.610.6-0.350.530.420.31-0.280.710.20.67-0.140.62-0.390.420.45
0.980.260.540.820.840.93-0.410.690.70.370.620.95-0.540.550.670.57-0.530.940.320.92-0.530.95-0.620.690.72
0.27-0.140.720.580.440.61-0.20.770.050.37-0.220.27-0.85-0.180.740.38-0.880.230.590.17-0.620.45-0.320.740.72
0.760.510.060.380.480.45-0.10.080.610.62-0.220.730.130.750.020.350.170.78-0.270.85-0.370.63-0.430.280.37
0.980.210.510.750.820.9-0.340.590.60.950.270.73-0.40.550.530.61-0.390.920.190.97-0.670.94-0.710.670.72
-0.420.07-0.85-0.82-0.74-0.720.47-0.97-0.35-0.54-0.850.13-0.40.01-0.94-0.560.99-0.39-0.85-0.30.49-0.540.5-0.85-0.8
0.630.89-0.060.380.480.330.210.170.530.55-0.180.750.550.010.220.380.030.76-0.040.67-0.080.42-0.190.250.29
0.570.110.820.90.820.77-0.390.960.420.670.740.020.53-0.940.220.59-0.940.570.810.46-0.450.65-0.560.840.8
0.590.250.680.620.690.71-0.120.630.310.570.380.350.61-0.560.380.59-0.540.560.390.58-0.550.56-0.780.70.72
-0.410.07-0.85-0.8-0.7-0.720.4-0.95-0.28-0.53-0.880.17-0.390.990.03-0.94-0.54-0.38-0.84-0.290.5-0.550.49-0.84-0.79
0.970.510.440.780.790.83-0.220.570.710.940.230.780.92-0.390.760.570.56-0.380.180.96-0.480.91-0.570.620.67
0.2-0.110.670.650.630.44-0.390.820.20.320.59-0.270.19-0.85-0.040.810.39-0.840.180.09-0.240.26-0.350.70.59
0.980.370.430.710.770.83-0.270.490.670.920.170.850.97-0.30.670.460.58-0.290.960.09-0.580.92-0.660.60.66
-0.570.1-0.69-0.58-0.58-0.710.2-0.57-0.14-0.53-0.62-0.37-0.670.49-0.08-0.45-0.550.5-0.48-0.24-0.58-0.670.7-0.77-0.82
0.950.140.650.840.810.95-0.430.690.620.950.450.630.94-0.540.420.650.56-0.550.910.260.92-0.67-0.70.730.78
-0.650.05-0.81-0.7-0.74-0.740.41-0.62-0.39-0.62-0.32-0.43-0.710.5-0.19-0.56-0.780.49-0.57-0.35-0.660.7-0.7-0.75-0.78
0.650.10.870.890.870.83-0.380.920.420.690.740.280.67-0.850.250.840.7-0.840.620.70.6-0.770.73-0.750.99
0.710.130.860.880.870.86-0.360.880.450.720.720.370.72-0.80.290.80.72-0.790.670.590.66-0.820.78-0.780.99
Click cells to compare fundamentals

Smith AO Account Relationship Matchups

Smith AO fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.2B3.5B3.3B3.2B1.9B
Short Long Term Debt Total322.7M147.6M219M366.9M155.2M272.3M
Other Current Liab250.1M284.3M366.1M298.4M334.9M351.6M
Total Current Liabilities766.5M886.3M1.1B934.2M945.3M992.6M
Total Stockholder Equity1.7B1.8B1.8B1.7B1.8B1.9B
Property Plant And Equipment Net592.3M582.9M639.2M620.5M634.8M424.6M
Net Debt(51.3M)(425.5M)(224.3M)(24.3M)(184.7M)(175.5M)
Retained Earnings2.3B2.5B2.8B2.9B3.3B3.4B
Cash374M573.1M443.3M391.2M339.9M356.9M
Non Current Assets Total1.6B1.5B1.7B1.7B1.7B1.0B
Non Currrent Assets Other80.9M89.1M90M110.5M108.7M95.7M
Cash And Short Term Investments551.4M689.6M631.4M481.8M363.4M236.9M
Net Receivables589.5M585M634.4M581.2M596M343.3M
Common Stock Shares Outstanding166.7M162.6M161.3M155.8M151.0M148.3M
Liabilities And Stockholders Equity3.1B3.2B3.5B3.3B3.2B1.9B
Non Current Liabilities Total624.7M426.1M523.4M650.4M424.2M506.0M
Inventory303M300.1M447.7M516.4M497.4M522.3M
Other Current Assets56.5M43.3M39.1M54.3M43.5M47.7M
Other Stockholder Equity(603.7M)(635.5M)(958.2M)(1.3B)(1.6B)(1.5B)
Total Liab1.4B1.3B1.6B1.6B1.4B971.7M
Property Plant And Equipment Gross592.3M582.9M639.2M620.5M1.5B1.5B
Total Current Assets1.5B1.6B1.8B1.6B1.5B861.5M
Accumulated Other Comprehensive Income(348.3M)(321.2M)(331.4M)(82.4M)(84.2M)(88.4M)
Short Term Debt7.5M0.06.8M10M9M11.8M
Accounts Payable509.6M595.2M745.9M625.8M600.4M304.8M
Good Will546M546.8M627.8M619.7M633.4M480.3M
Intangible Assets338.4M323.9M364.8M347.9M336.7M297.9M
Other Liab308.8M285.3M311.2M293.5M337.5M306.7M
Other Assets80.9M16M90M110.5M99.5M70.7M
Long Term Debt277.2M106.4M189.9M334.5M117.3M213.7M
Treasury Stock(1.1B)(1.2B)(1.5B)(1.9B)(1.7B)(1.6B)
Property Plant Equipment545.4M541.3M639.2M620.5M713.6M469.3M
Net Tangible Assets782.4M977.6M839.6M780.1M897.1M756.9M
Retained Earnings Total Equity2.3B2.5B2.8B2.9B3.3B1.8B
Short Term Investments177.4M116.5M188.1M90.6M23.5M22.3M

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