Smartsheet Free Cash Flow Per Share vs Free Cash Flow Yield Analysis

SMAR Stock

USD 56.00 0.03 0.05%

Smartsheet financial indicator trend analysis is much more than just breaking down Smartsheet prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smartsheet is a good investment. Please check the relationship between Smartsheet Free Cash Flow Per Share and its Free Cash Flow Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smartsheet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Smartsheet Stock, please use our How to Invest in Smartsheet guide.

Free Cash Flow Per Share vs Free Cash Flow Yield

Free Cash Flow Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smartsheet Free Cash Flow Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Smartsheet's Free Cash Flow Per Share and Free Cash Flow Yield is 0.93. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Smartsheet, assuming nothing else is changed. The correlation between historical values of Smartsheet's Free Cash Flow Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Smartsheet are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow Per Share i.e., Smartsheet's Free Cash Flow Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Smartsheet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smartsheet 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 Smartsheet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Smartsheet Stock, please use our How to Invest in Smartsheet guide.At this time, Smartsheet's Selling General Administrative is relatively stable compared to the past year. As of 12/25/2024, Tax Provision is likely to grow to about 8.9 M, while Sales General And Administrative To Revenue is likely to drop 0.14.

	2021	2022	2023	2024 (projected)
Gross Profit	434.4M	601.6M	771.9M	810.5M
Total Revenue	550.8M	766.9M	958.3M	1.0B

Gross Profit Total Revenue

Smartsheet fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.97	0.89	0.98	0.72	0.94	-0.9	0.4	0.83	0.9	0.88	0.97	0.62	0.99	0.91	0.89	-0.38	0.99	0.88	0.79	0.9	0.95	0.86	-0.8	0.98	0.88
Other Current Liab	0.97		0.91	0.93	0.62	0.87	-0.93	0.35	0.73	0.92	0.9	0.95	0.7	0.97	0.92	0.92	-0.42	0.97	0.79	0.68	0.8	0.87	0.89	-0.7	0.94	0.91
Total Current Liabilities	0.89	0.91		0.84	0.6	0.76	-1.0	0.28	0.64	1.0	1.0	0.91	0.86	0.88	1.0	1.0	-0.72	0.88	0.74	0.6	0.74	0.81	1.0	-0.62	0.89	1.0
Total Stockholder Equity	0.98	0.93	0.84		0.75	0.97	-0.84	0.54	0.92	0.85	0.82	0.95	0.53	0.98	0.87	0.84	-0.34	0.98	0.88	0.87	0.93	0.97	0.8	-0.89	0.94	0.82
Other Liab	0.72	0.62	0.6	0.75		0.69	-0.6	0.32	0.71	0.61	0.6	0.65	0.31	0.71	0.63	0.61	-0.22	0.69	0.81	0.74	0.73	0.76	0.57	-0.69	0.75	0.59
Net Tangible Assets	0.94	0.87	0.76	0.97	0.69		-0.76	0.64	0.94	0.77	0.73	0.87	0.46	0.96	0.79	0.77	-0.27	0.95	0.81	0.85	0.9	0.93	0.72	-0.92	0.87	0.75
Retained Earnings	-0.9	-0.93	-1.0	-0.84	-0.6	-0.76		-0.24	-0.62	-1.0	-1.0	-0.92	-0.86	-0.88	-0.99	-1.0	0.68	-0.89	-0.75	-0.59	-0.74	-0.81	-0.99	0.59	-0.91	-1.0
Accounts Payable	0.4	0.35	0.28	0.54	0.32	0.64	-0.24		0.68	0.29	0.22	0.32	0.22	0.49	0.3	0.29	-0.16	0.48	0.18	0.5	0.4	0.43	0.24	-0.71	0.24	0.28
Cash	0.83	0.73	0.64	0.92	0.71	0.94	-0.62	0.68		0.65	0.61	0.79	0.27	0.85	0.69	0.65	-0.22	0.84	0.8	0.96	0.91	0.92	0.59	-1.0	0.78	0.63
Other Assets	0.9	0.92	1.0	0.85	0.61	0.77	-1.0	0.29	0.65		1.0	0.92	0.86	0.88	1.0	1.0	-0.7	0.89	0.75	0.61	0.75	0.82	0.99	-0.63	0.9	1.0
Net Receivables	0.88	0.9	1.0	0.82	0.6	0.73	-1.0	0.22	0.61	1.0		0.91	0.86	0.86	0.99	1.0	-0.72	0.86	0.75	0.59	0.73	0.8	1.0	-0.59	0.89	1.0
Common Stock Shares Outstanding	0.97	0.95	0.91	0.95	0.65	0.87	-0.92	0.32	0.79	0.92	0.91		0.64	0.95	0.93	0.92	-0.44	0.96	0.89	0.79	0.91	0.94	0.89	-0.74	0.98	0.9
Short Term Investments	0.62	0.7	0.86	0.53	0.31	0.46	-0.86	0.22	0.27	0.86	0.86	0.64		0.62	0.83	0.86	-0.85	0.63	0.34	0.17	0.35	0.44	0.89	-0.26	0.59	0.88
Other Stockholder Equity	0.99	0.97	0.88	0.98	0.71	0.96	-0.88	0.49	0.85	0.88	0.86	0.95	0.62		0.9	0.88	-0.37	1.0	0.83	0.78	0.88	0.93	0.85	-0.82	0.94	0.87
Total Liab	0.91	0.92	1.0	0.87	0.63	0.79	-0.99	0.3	0.69	1.0	0.99	0.93	0.83	0.9		1.0	-0.69	0.9	0.78	0.65	0.79	0.84	0.99	-0.66	0.91	1.0
Deferred Long Term Liab	0.89	0.92	1.0	0.84	0.61	0.77	-1.0	0.29	0.65	1.0	1.0	0.92	0.86	0.88	1.0		-0.7	0.89	0.75	0.61	0.75	0.81	1.0	-0.63	0.9	1.0
Long Term Investments	-0.38	-0.42	-0.72	-0.34	-0.22	-0.27	0.68	-0.16	-0.22	-0.7	-0.72	-0.44	-0.85	-0.37	-0.69	-0.7		-0.39	-0.21	-0.17	-0.24	-0.3	-0.75	0.23	-0.37	-0.74
Total Current Assets	0.99	0.97	0.88	0.98	0.69	0.95	-0.89	0.48	0.84	0.89	0.86	0.96	0.63	1.0	0.9	0.89	-0.39		0.83	0.78	0.88	0.93	0.85	-0.82	0.95	0.87
Intangible Assets	0.88	0.79	0.74	0.88	0.81	0.81	-0.75	0.18	0.8	0.75	0.75	0.89	0.34	0.83	0.78	0.75	-0.21	0.83		0.88	0.95	0.95	0.71	-0.75	0.94	0.72
Property Plant Equipment	0.79	0.68	0.6	0.87	0.74	0.85	-0.59	0.5	0.96	0.61	0.59	0.79	0.17	0.78	0.65	0.61	-0.17	0.78	0.88		0.94	0.93	0.55	-0.94	0.79	0.58
Short Long Term Debt Total	0.9	0.8	0.74	0.93	0.73	0.9	-0.74	0.4	0.91	0.75	0.73	0.91	0.35	0.88	0.79	0.75	-0.24	0.88	0.95	0.94		0.99	0.7	-0.87	0.91	0.72
Property Plant And Equipment Net	0.95	0.87	0.81	0.97	0.76	0.93	-0.81	0.43	0.92	0.82	0.8	0.94	0.44	0.93	0.84	0.81	-0.3	0.93	0.95	0.93	0.99		0.77	-0.88	0.95	0.79
Current Deferred Revenue	0.86	0.89	1.0	0.8	0.57	0.72	-0.99	0.24	0.59	0.99	1.0	0.89	0.89	0.85	0.99	1.0	-0.75	0.85	0.71	0.55	0.7	0.77		-0.57	0.87	1.0
Net Debt	-0.8	-0.7	-0.62	-0.89	-0.69	-0.92	0.59	-0.71	-1.0	-0.63	-0.59	-0.74	-0.26	-0.82	-0.66	-0.63	0.23	-0.82	-0.75	-0.94	-0.87	-0.88	-0.57		-0.73	-0.6
Non Current Assets Total	0.98	0.94	0.89	0.94	0.75	0.87	-0.91	0.24	0.78	0.9	0.89	0.98	0.59	0.94	0.91	0.9	-0.37	0.95	0.94	0.79	0.91	0.95	0.87	-0.73		0.88
Non Currrent Assets Other	0.88	0.91	1.0	0.82	0.59	0.75	-1.0	0.28	0.63	1.0	1.0	0.9	0.88	0.87	1.0	1.0	-0.74	0.87	0.72	0.58	0.72	0.79	1.0	-0.6	0.88

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Smartsheet Account Relationship Matchups

Smartsheet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	797.7M	911.8M	1.0B	1.1B	1.3B	694.9M
Other Current Liab	52.1M	48.1M	67.6M	76.6M	91.7M	53.2M
Total Current Liabilities	233.2M	307.7M	437.4M	574.7M	695.9M	730.6M
Total Stockholder Equity	514.1M	526.9M	504.8M	485.7M	605.9M	342.7M
Other Liab	837K	5.2M	2.4M	2.3M	2.7M	2.1M
Net Tangible Assets	482.4M	347.2M	335.1M	343.2M	394.7M	205.2M
Retained Earnings	(256.5M)	(371.4M)	(542.5M)	(758.2M)	(862.8M)	(819.7M)
Accounts Payable	7.7M	2.9M	1.5M	2.1M	2.9M	3.4M
Cash	515.9M	442.2M	449.1M	223.2M	282.1M	271.1M
Other Assets	50.5M	64.0M	94.5M	125.0M	143.7M	150.9M
Net Receivables	56.9M	102.6M	151.1M	198.6M	238.7M	250.6M
Common Stock Shares Outstanding	113.0M	120.7M	125.6M	130.1M	134.5M	119.1M
Other Stockholder Equity	1.0B	898.4M	1.0B	1.2B	1.5B	758.3M
Total Liab	283.7M	384.9M	498.1M	624.6M	731.6M	768.2M
Deferred Long Term Liab	48.3M	60.5M	91.3M	121.8M	140.1M	147.1M
Total Current Assets	631.0M	558.4M	634.6M	710.1M	931.9M	471.9M
Intangible Assets	15.2M	54.1M	44.1M	39.1M	28.0M	22.5M
Property Plant Equipment	84.6M	109.7M	104.0M	39.4M	45.3M	53.3M
Short Long Term Debt Total	65.1M	89.0M	76.2M	66.8M	49.8M	50.2M
Property Plant And Equipment Net	84.6M	109.7M	104.0M	93.7M	81.8M	71.8M
Current Deferred Revenue	158.0M	222.7M	332.3M	457.5M	568.7M	597.1M
Net Debt	(450.9M)	(353.2M)	(372.8M)	(156.4M)	(232.3M)	(243.9M)
Non Current Assets Total	166.8M	353.4M	368.2M	400.1M	405.6M	249.0M
Non Currrent Assets Other	50.5M	64.0M	94.5M	125.0M	154.3M	162.0M
Cash And Short Term Investments	566.5M	442.2M	449.1M	456.4M	628.8M	391.4M
Liabilities And Stockholders Equity	797.7M	911.8M	1.0B	1.1B	1.3B	775.7M
Non Current Liabilities Total	50.4M	77.1M	60.6M	49.9M	35.8M	39.8M
Capital Surpluse	770.5M	898.4M	1.0B	1.2B	1.4B	1.5B
Capital Lease Obligations	65.1M	89.0M	76.2M	66.8M	49.8M	50.2M
Other Current Assets	7.6M	13.4M	33.8M	55.1M	64.4M	67.6M
Property Plant And Equipment Gross	84.6M	109.7M	104.0M	93.7M	110.1M	75.7M
Accumulated Other Comprehensive Income	(256.5M)	(371.4M)	(542.5M)	101K	(146K)	(153.3K)
Non Current Liabilities Other	50.4M	3.9M	58.2M	47.6M	434K	412.3K
Short Term Debt	15.5M	34.1M	36.0M	38.4M	32.5M	22.7M
Good Will	5.5M	16.5M	125.6M	142.4M	141.5M	87.6M
Net Invested Capital	514.1M	526.9M	504.8M	485.7M	605.9M	428.0M
Net Working Capital	397.7M	250.6M	197.2M	135.4M	236.0M	208.5M
Retained Earnings Total Equity	(256.5M)	(371.4M)	(542.5M)	(758.2M)	(682.4M)	(648.2M)

Pair Trading with Smartsheet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Smartsheet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Smartsheet will appreciate offsetting losses from the drop in the long position's value.

Moving against Smartsheet Stock

0.43

VTEX

Pair Corr

The ability to find closely correlated positions to Smartsheet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smartsheet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Smartsheet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Smartsheet to buy it.

The correlation of Smartsheet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smartsheet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smartsheet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Smartsheet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Smartsheet Stock Analysis

When running Smartsheet's price analysis, check to measure Smartsheet'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 Smartsheet is operating at the current time. Most of Smartsheet's value examination focuses on studying past and present price action to predict the probability of Smartsheet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smartsheet's price. Additionally, you may evaluate how the addition of Smartsheet to your portfolios can decrease your overall portfolio volatility.

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