Super Total Current Liabilities vs Non Currrent Assets Other Analysis

SMCI Stock  USD 35.07  0.64  1.86%   
Super Micro financial indicator trend analysis is much more than just breaking down Super Micro Computer prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Super Micro Computer is a good investment. Please check the relationship between Super Micro Total Current Liabilities and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Super Micro Computer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Current Liabilities vs Non Currrent Assets Other

Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Super Micro Computer Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Super Micro's Total Current Liabilities and Non Currrent Assets Other is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Super Micro Computer, assuming nothing else is changed. The correlation between historical values of Super Micro's Total Current Liabilities and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Super Micro Computer are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., Super Micro's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Super Micro balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Super Micro Computer 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Super Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Super Micro Computer 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 Super Micro Computer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of now, Super Micro's Enterprise Value Multiple is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit800.0M1.3B2.1B2.2B
Total Revenue5.2B7.1B14.9B15.7B

Super Micro fundamental ratios Correlations

0.981.00.820.990.910.990.430.980.831.01.00.760.970.890.880.990.980.970.980.771.0-0.281.00.960.83
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1.00.980.80.990.910.990.420.990.810.991.00.740.950.870.860.990.980.960.980.750.99-0.291.00.960.81
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0.990.980.990.80.881.00.361.00.780.980.990.690.920.820.810.970.950.940.970.710.98-0.330.990.950.75
0.910.840.910.640.880.880.390.860.920.920.910.890.940.880.90.950.920.930.90.850.92-0.270.90.890.9
0.990.980.990.81.00.880.361.00.780.980.990.690.920.820.810.970.950.940.970.710.98-0.330.990.950.75
0.430.330.420.220.360.390.360.330.360.440.420.520.520.690.530.470.510.520.360.370.440.120.430.350.62
0.980.990.990.841.00.861.00.330.760.980.990.650.910.810.810.960.950.930.970.70.98-0.30.980.950.73
0.830.760.810.610.780.920.780.360.760.850.820.930.90.840.810.850.850.870.830.860.83-0.390.830.820.89
1.00.970.990.830.980.920.980.440.980.851.00.790.980.90.90.990.990.970.980.790.99-0.261.00.960.85
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0.760.650.740.480.690.890.690.520.650.930.790.760.880.880.870.820.810.840.740.830.76-0.270.760.740.96
0.970.920.950.780.920.940.920.520.910.90.980.960.880.940.940.970.980.960.940.850.96-0.210.970.940.92
0.890.80.870.620.820.880.820.690.810.840.90.880.880.940.930.910.930.930.820.760.88-0.070.890.810.97
0.880.80.860.650.810.90.810.530.810.810.90.870.870.940.930.90.940.880.810.790.880.050.880.840.91
0.990.950.990.760.970.950.970.470.960.850.990.990.820.970.910.90.980.980.970.790.99-0.280.990.950.86
0.980.940.980.790.950.920.950.510.950.850.990.980.810.980.930.940.980.960.940.80.98-0.160.980.940.87
0.970.910.960.690.940.930.940.520.930.870.970.960.840.960.930.880.980.960.940.730.96-0.30.960.890.9
0.980.980.980.850.970.90.970.360.970.830.980.980.740.940.820.810.970.940.940.80.98-0.390.970.980.77
0.770.750.750.740.710.850.710.370.70.860.790.770.830.850.760.790.790.80.730.80.78-0.30.770.880.78
1.00.970.990.810.980.920.980.440.980.830.991.00.760.960.880.880.990.980.960.980.78-0.270.990.960.81
-0.28-0.31-0.29-0.21-0.33-0.27-0.330.12-0.3-0.39-0.26-0.28-0.27-0.21-0.070.05-0.28-0.16-0.3-0.39-0.3-0.27-0.26-0.34-0.15
1.00.981.00.830.990.90.990.430.980.831.01.00.760.970.890.880.990.980.960.970.770.99-0.260.960.82
0.960.970.960.880.950.890.950.350.950.820.960.960.740.940.810.840.950.940.890.980.880.96-0.340.960.76
0.830.720.810.520.750.90.750.620.730.890.850.820.960.920.970.910.860.870.90.770.780.81-0.150.820.76
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Super Micro Account Relationship Matchups

Super Micro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.2B3.2B3.7B9.9B10.4B
Short Long Term Debt Total29.4M98.2M596.8M290.3M2.2B2.3B
Total Stockholder Equity1.1B1.1B1.4B2.0B5.5B5.7B
Net Debt(181.1M)(134.1M)329.4M(150.2M)504.4M529.6M
Cash210.5M232.3M267.4M440.5M1.7B1.8B
Other Assets63.9M95.4M107.5M203.3M233.8M245.4M
Cash And Short Term Investments210.5M232.3M267.7M440.6M1.7B1.8B
Common Stock Shares Outstanding524.1M505.8M523.1M529.0M602.2M474.8M
Liabilities And Stockholders Equity1.9B2.2B3.2B3.7B9.9B10.4B
Non Current Liabilities Total145.3M176.7M309.3M327.9M2.1B2.2B
Total Liab852.9M1.1B1.8B1.7B4.5B4.7B
Total Current Assets1.6B1.9B2.8B3.2B9.1B9.5B
Other Current Liab160.1M191.6M254.2M293.0M256.2M269.0M
Total Current Liabilities707.6M968.9M1.5B1.4B2.4B2.5B
Property Plant And Equipment Net257.6M294.8M286.0M290.2M414.0M434.7M
Current Deferred Revenue106.2M101.5M111.3M134.7M200.4M210.4M
Retained Earnings696.2M657.8M942.9M1.4B2.6B2.8B
Accounts Payable417.7M612.3M655.4M776.8M1.5B1.6B
Non Current Assets Total325.9M374.7M398.8M495.3M888.6M933.0M
Non Currrent Assets Other1.7M1.5M42.9M42.4M115.0M120.7M
Net Receivables403.7M463.8M834.5M1.1B2.7B2.8B
Inventory851.5M1.0B1.5B1.4B4.4B4.6B
Other Current Assets4.5M6.1M134.4M117.4M308.5M323.9M
Property Plant And Equipment Gross384.3M440.6M453.7M479.6M551.6M579.1M
Accumulated Other Comprehensive Income(152K)453K911K639K706K741.3K
Short Term Debt23.7M63.5M449.1M170.1M402.3M422.5M
Common Stock390.0M438.0M481.7M538.4M2.8B3.0B
Property Plant Equipment257.6M274.7M286.0M290.2M333.8M350.5M
Other Liab121.5M142.0M161.7M196.3M225.8M237.1M
Common Stock Total Equity390.0M438.0M481.7M538.4M619.1M650.1M
Net Tangible Assets1.1B1.1B1.4B2.0B2.3B2.4B
Deferred Long Term Liab3.6M4.6M5.4M6.3M7.3M7.6M

Currently Active Assets on Macroaxis

When determining whether Super Micro Computer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Super Micro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Super Micro Computer Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Super Micro Computer Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Super Micro Computer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Technology Hardware, Storage & Peripherals 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 Super Micro. If investors know Super 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 Super Micro 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
0.61
Earnings Share
2.01
Revenue Per Share
26.881
Quarterly Revenue Growth
1.43
Return On Assets
0.1162
The market value of Super Micro Computer is measured differently than its book value, which is the value of Super that is recorded on the company's balance sheet. Investors also form their own opinion of Super Micro's value that differs from its market value or its book value, called intrinsic value, which is Super Micro'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 Super Micro's market value can be influenced by many factors that don't directly affect Super Micro'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 Super Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Super Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Super Micro'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.