SMDS Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis

SMDS Stock   547.00  8.00  1.48%   
DS Smith financial indicator trend analysis is much more than just examining DS Smith PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DS Smith PLC is a good investment. Please check the relationship between DS Smith Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in DS Smith PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Shares Outstanding vs Cash And Short Term Investments

Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DS Smith PLC Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between DS Smith's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.75. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of DS Smith PLC, assuming nothing else is changed. The correlation between historical values of DS Smith's Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of DS Smith PLC are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., DS Smith's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of DS Smith PLC balance sheet. This account contains DS Smith investments that will expire within one year. These investments include stocks and bonds that can be liquidated by DS Smith PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from DS Smith's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DS Smith PLC 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 DS Smith PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 1.5 B in 2024, whereas Discontinued Operations is likely to drop slightly above 13.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense68M75M116M121.8M
Depreciation And Amortization428M425M421M442.1M

DS Smith fundamental ratios Correlations

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0.970.830.90.920.960.980.860.820.560.98-0.470.630.90.830.50.970.940.950.980.960.890.770.90.70.94
0.820.830.80.760.850.820.770.670.430.83-0.370.370.750.60.230.780.850.750.850.850.740.510.750.50.85
0.970.90.80.950.940.870.890.930.580.95-0.580.660.880.810.520.860.980.920.960.940.980.860.880.70.92
0.980.920.760.950.970.860.950.830.720.98-0.610.770.90.90.520.910.930.980.950.970.960.860.90.730.92
0.980.960.850.940.970.930.960.810.610.99-0.50.630.920.830.440.950.950.950.971.00.920.790.930.640.97
0.930.980.820.870.860.930.80.80.40.95-0.440.50.840.780.490.960.910.90.960.930.830.720.840.680.92
0.920.860.770.890.950.960.80.70.670.92-0.480.660.860.790.410.840.870.90.870.950.890.820.860.520.9
0.880.820.670.930.830.810.80.70.470.86-0.460.540.810.720.410.770.930.830.90.820.910.750.80.730.81
0.630.560.430.580.720.610.40.670.470.61-0.350.860.70.610.290.550.560.710.560.60.70.620.710.460.55
1.00.980.830.950.980.990.950.920.860.61-0.570.670.910.880.50.970.960.980.990.990.940.80.910.740.96
-0.58-0.47-0.37-0.58-0.61-0.5-0.44-0.48-0.46-0.35-0.57-0.66-0.39-0.74-0.73-0.55-0.51-0.59-0.55-0.5-0.59-0.41-0.38-0.82-0.44
0.70.630.370.660.770.630.50.660.540.860.67-0.660.680.750.720.630.620.770.630.630.770.720.680.670.56
0.920.90.750.880.90.920.840.860.810.70.91-0.390.680.720.380.890.890.910.910.920.90.751.00.570.93
0.870.830.60.810.90.830.780.790.720.610.88-0.740.750.720.580.840.780.920.830.830.830.720.720.860.78
0.520.50.230.520.520.440.490.410.410.290.5-0.730.720.380.580.510.490.520.50.430.560.580.370.60.37
0.950.970.780.860.910.950.960.840.770.550.97-0.550.630.890.840.510.890.950.950.950.850.70.890.730.92
0.970.940.850.980.930.950.910.870.930.560.96-0.510.620.890.780.490.890.920.980.950.960.810.890.690.93
0.980.950.750.920.980.950.90.90.830.710.98-0.590.770.910.920.520.950.920.950.960.940.810.910.790.92
0.990.980.850.960.950.970.960.870.90.560.99-0.550.630.910.830.50.950.980.950.970.940.790.910.740.96
0.980.960.850.940.971.00.930.950.820.60.99-0.50.630.920.830.430.950.950.960.970.920.790.930.640.97
0.970.890.740.980.960.920.830.890.910.70.94-0.590.770.90.830.560.850.960.940.940.920.880.90.720.89
0.830.770.510.860.860.790.720.820.750.620.8-0.410.720.750.720.580.70.810.810.790.790.880.750.520.77
0.920.90.750.880.90.930.840.860.80.710.91-0.380.681.00.720.370.890.890.910.910.930.90.750.570.93
0.750.70.50.70.730.640.680.520.730.460.74-0.820.670.570.860.60.730.690.790.740.640.720.520.570.62
0.950.940.850.920.920.970.920.90.810.550.96-0.440.560.930.780.370.920.930.920.960.970.890.770.930.62
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DS Smith Account Relationship Matchups

DS Smith fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B8.7B9.9B9.5B9.3B9.7B
Short Long Term Debt Total2.7B2.6B2.3B2.1B2.8B2.9B
Other Current Liab766M517M542M889M748M785.4M
Total Current Liabilities2.2B2.5B3.6B3.0B2.7B2.8B
Total Stockholder Equity3.4B3.5B4.2B4.1B3.9B4.1B
Property Plant And Equipment Net3.3B3.3B3.3B3.8B4.0B4.2B
Net Debt2.3B2.2B1.9B1.7B2.3B2.4B
Retained Earnings1.0B1.2B1.4B1.6B1.7B1.8B
Accounts Payable1.0B1.3B1.9B1.6B1.3B1.3B
Cash402M378M469M466M499M524.0M
Non Current Assets Total6.7B6.4B6.8B6.9B6.9B7.3B
Non Currrent Assets Other(2.2B)(2.2B)(2.2B)(2.2B)50M52.5M
Cash And Short Term Investments595M813M819M472M499M524.0M
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.4B1.2B
Short Term Investments193M435M350M6M62M48.3M
Liabilities And Stockholders Equity8.6B8.7B9.9B9.5B9.3B9.7B
Non Current Liabilities Total3.1B2.7B2.1B2.3B2.6B2.7B
Inventory524M543M710M625M596M625.8M
Total Liab5.3B5.2B5.7B5.4B5.3B5.6B
Property Plant And Equipment Gross3.3B3.3B3.3B3.8B4.0B4.2B
Total Current Assets2.0B2.3B3.1B2.5B2.3B2.4B
Short Term Debt261M400M817M248M561M589.1M
Accumulated Other Comprehensive Income(25M)(31M)504M128M(146M)(153.3M)
Intangible Assets3.2B3.0B2.9B2.9B585M873.2M
Other Liab531M570M469M554M637.1M669.0M
Long Term Debt2.1B2.1B1.4B1.7B2.0B2.1B
Net Receivables795M646M993M1.0B872M535.3M
Good Will2.2B2.2B2.2B2.3B2.2B2.3B
Other Current Assets37M294M586M405M359M198.1M
Property Plant Equipment2.9B3.3B3.3B3.3B3.8B4.0B
Other Assets135M85M512M218M250.7M263.2M
Net Tangible Assets(151M)153M538M1.3B1.5B1.6B
Short Long Term Debt180M329M754M178M486M372M
Current Deferred Revenue149M133M143M165M134M140.7M
Capital Surpluse1.3B2.2B2.2B2.2B2.6B1.9B

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