SMDS Other Current Assets vs Other Current Liab 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 Other Current Assets and its Other Current Liab 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.

Other Current Assets vs Other Current Liab

Other Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DS Smith PLC Other Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DS Smith's Other Current Assets and Other Current Liab is 0.47. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Current Liab 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 Other Current Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of DS Smith PLC are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Current Assets i.e., DS Smith's Other Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Current Liab

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

0.970.90.970.980.980.930.920.930.631.0-0.580.70.920.870.520.950.970.450.980.990.980.970.840.920.75
0.970.850.90.920.960.980.860.850.560.98-0.470.630.90.830.50.970.940.330.950.980.960.890.790.90.7
0.90.850.870.880.930.80.880.810.630.9-0.390.510.910.70.180.870.880.470.870.890.930.850.620.910.55
0.970.90.870.950.940.870.890.980.580.95-0.580.660.880.810.520.860.980.510.920.960.940.980.870.880.7
0.980.920.880.950.970.860.950.890.720.98-0.610.770.90.90.520.910.930.460.980.950.970.960.860.90.73
0.980.960.930.940.970.930.960.890.610.99-0.50.630.920.830.440.950.950.390.950.971.00.920.810.930.64
0.930.980.80.870.860.930.80.830.40.95-0.440.50.840.780.490.960.910.290.90.960.930.830.760.840.68
0.920.860.880.890.950.960.80.820.670.92-0.480.660.860.790.410.840.870.360.90.870.950.890.830.860.52
0.930.850.810.980.890.890.830.820.50.9-0.570.60.820.760.520.80.970.490.860.940.890.960.830.820.71
0.630.560.630.580.720.610.40.670.50.61-0.350.860.70.610.290.550.560.370.710.560.60.70.560.710.46
1.00.980.90.950.980.990.950.920.90.61-0.570.670.910.880.50.970.960.420.980.990.990.940.820.910.74
-0.58-0.47-0.39-0.58-0.61-0.5-0.44-0.48-0.57-0.35-0.57-0.66-0.39-0.74-0.73-0.55-0.51-0.33-0.59-0.55-0.5-0.59-0.41-0.38-0.82
0.70.630.510.660.770.630.50.660.60.860.67-0.660.680.750.720.630.620.430.770.630.630.770.680.680.67
0.920.90.910.880.90.920.840.860.820.70.91-0.390.680.720.380.890.890.490.910.910.920.90.741.00.57
0.870.830.70.810.90.830.780.790.760.610.88-0.740.750.720.580.840.780.370.920.830.830.830.730.720.86
0.520.50.180.520.520.440.490.410.520.290.5-0.730.720.380.580.510.490.30.520.50.430.560.590.370.6
0.950.970.870.860.910.950.960.840.80.550.97-0.550.630.890.840.510.890.390.950.950.950.850.720.890.73
0.970.940.880.980.930.950.910.870.970.560.96-0.510.620.890.780.490.890.480.910.980.950.960.830.890.69
0.450.330.470.510.460.390.290.360.490.370.42-0.330.430.490.370.30.390.480.420.440.390.550.430.490.33
0.980.950.870.920.980.950.90.90.860.710.98-0.590.770.910.920.520.950.910.420.950.960.940.810.910.79
0.990.980.890.960.950.970.960.870.940.560.99-0.550.630.910.830.50.950.980.440.950.970.940.810.910.74
0.980.960.930.940.971.00.930.950.890.60.99-0.50.630.920.830.430.950.950.390.960.970.920.810.930.64
0.970.890.850.980.960.920.830.890.960.70.94-0.590.770.90.830.560.850.960.550.940.940.920.880.90.72
0.840.790.620.870.860.810.760.830.830.560.82-0.410.680.740.730.590.720.830.430.810.810.810.880.740.52
0.920.90.910.880.90.930.840.860.820.710.91-0.380.681.00.720.370.890.890.490.910.910.930.90.740.57
0.750.70.550.70.730.640.680.520.710.460.74-0.820.670.570.860.60.730.690.330.790.740.640.720.520.57
Click cells to compare fundamentals

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 Liab617M517M542M889M748M785.4M
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
Other Current Assets280M294M586M405M359M302.2M
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 Receivables552M646M993M1.0B872M541.4M
Good Will2.2B2.2B2.2B2.3B2.2B2.3B
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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