SMX Net Debt vs Retained Earnings Analysis

SMXWW Stock

0.01 0 31.72%

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

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SMX Public Limited Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between SMX Public's Net Debt and Retained Earnings is 0.67. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of SMX Public Limited, assuming nothing else is changed. The correlation between historical values of SMX Public's Net Debt and Retained Earnings 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 Debt of SMX Public Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., SMX Public's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

Selling General Administrative is likely to climb to about 17.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.7 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	101K	1.1M	7.9M	8.3M
Interest Income	237K	28K	1.6M	1.7M

Interest Expense Interest Income

SMX Public fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Capital Stock	Non Current Liabilities Other
Other Current Liab		0.91	-0.82	0.67	-0.93	0.92	0.71	0.7	-0.26	0.73	0.71	0.86	0.2	-0.94	-1.0	0.85	-0.91	0.67	-0.94	0.96	0.76	-0.75	0.51	0.94	0.86	-0.79
Total Current Liabilities	0.91		-0.81	0.59	-0.94	1.0	0.62	0.61	-0.51	0.63	0.61	0.99	0.53	-0.95	-0.94	0.99	-0.67	0.32	-0.89	0.99	0.88	-0.84	0.53	1.0	0.9	-0.94
Other Liab	-0.82	-0.81		-0.85	0.88	-0.82	-0.78	-0.81	-0.01	-0.8	-0.8	-0.77	-0.35	0.72	0.82	-0.77	0.69	-0.44	0.88	-0.82	-0.74	0.84	-0.69	-0.8	-0.79	0.7
Net Tangible Assets	0.67	0.59	-0.85		-0.8	0.6	0.97	0.99	0.34	0.96	0.98	0.53	0.25	-0.51	-0.66	0.52	-0.64	0.45	-0.73	0.61	0.64	-0.75	0.6	0.58	0.71	-0.39
Retained Earnings	-0.93	-0.94	0.88	-0.8		-0.95	-0.84	-0.83	0.22	-0.84	-0.83	-0.91	-0.44	0.87	0.94	-0.91	0.75	-0.44	0.95	-0.95	-0.86	0.9	-0.66	-0.94	-0.91	0.83
Accounts Payable	0.92	1.0	-0.82	0.6	-0.95		0.62	0.61	-0.5	0.63	0.61	0.99	0.52	-0.95	-0.95	0.99	-0.69	0.34	-0.9	0.99	0.88	-0.84	0.53	1.0	0.9	-0.93
Net Receivables	0.71	0.62	-0.78	0.97	-0.84	0.62		0.99	0.27	0.99	0.99	0.56	0.26	-0.53	-0.69	0.55	-0.67	0.47	-0.77	0.64	0.67	-0.78	0.64	0.62	0.73	-0.42
Other Stockholder Equity	0.7	0.61	-0.81	0.99	-0.83	0.61	0.99		0.31	0.99	1.0	0.54	0.25	-0.52	-0.68	0.54	-0.67	0.47	-0.76	0.63	0.66	-0.77	0.63	0.6	0.73	-0.4
Total Current Assets	-0.26	-0.51	-0.01	0.34	0.22	-0.5	0.27	0.31		0.26	0.3	-0.58	-0.57	0.54	0.33	-0.59	-0.02	0.31	0.15	-0.46	-0.46	0.2	0.15	-0.5	-0.38	0.59
Common Stock	0.73	0.63	-0.8	0.96	-0.84	0.63	0.99	0.99	0.26		1.0	0.56	0.27	-0.54	-0.71	0.56	-0.7	0.49	-0.79	0.65	0.69	-0.81	0.66	0.63	0.77	-0.41
Property Plant Equipment	0.71	0.61	-0.8	0.98	-0.83	0.61	0.99	1.0	0.3	1.0		0.54	0.25	-0.52	-0.69	0.53	-0.69	0.49	-0.77	0.63	0.67	-0.79	0.65	0.6	0.74	-0.39
Total Assets	0.86	0.99	-0.77	0.53	-0.91	0.99	0.56	0.54	-0.58	0.56	0.54		0.61	-0.93	-0.9	1.0	-0.58	0.2	-0.84	0.97	0.89	-0.83	0.51	0.98	0.88	-0.95
Total Stockholder Equity	0.2	0.53	-0.35	0.25	-0.44	0.52	0.26	0.25	-0.57	0.27	0.25	0.61		-0.36	-0.28	0.62	0.16	-0.57	-0.26	0.43	0.76	-0.63	0.25	0.46	0.61	-0.48
Property Plant And Equipment Net	-0.94	-0.95	0.72	-0.51	0.87	-0.95	-0.53	-0.52	0.54	-0.54	-0.52	-0.93	-0.36		0.96	-0.93	0.77	-0.46	0.81	-0.97	-0.81	0.67	-0.3	-0.97	-0.87	0.86
Cash	-1.0	-0.94	0.82	-0.66	0.94	-0.95	-0.69	-0.68	0.33	-0.71	-0.69	-0.9	-0.28	0.96		-0.9	0.88	-0.6	0.94	-0.98	-0.81	0.78	-0.51	-0.97	-0.89	0.83
Non Current Assets Total	0.85	0.99	-0.77	0.52	-0.91	0.99	0.55	0.54	-0.59	0.56	0.53	1.0	0.62	-0.93	-0.9		-0.57	0.2	-0.84	0.97	0.89	-0.83	0.5	0.98	0.88	-0.95
Common Stock Shares Outstanding	-0.91	-0.67	0.69	-0.64	0.75	-0.69	-0.67	-0.67	-0.02	-0.7	-0.69	-0.58	0.16	0.77	0.88	-0.57		-0.9	0.81	-0.76	-0.52	0.53	-0.37	-0.73	-0.69	0.5
Non Current Liabilities Total	0.67	0.32	-0.44	0.45	-0.44	0.34	0.47	0.47	0.31	0.49	0.49	0.2	-0.57	-0.46	-0.6	0.2	-0.9		-0.59	0.44	0.1	-0.2	0.26	0.4	0.3	-0.2
Capital Lease Obligations	-0.94	-0.89	0.88	-0.73	0.95	-0.9	-0.77	-0.76	0.15	-0.79	-0.77	-0.84	-0.26	0.81	0.94	-0.84	0.81	-0.59		-0.92	-0.74	0.88	-0.77	-0.9	-0.81	0.81
Total Liab	0.96	0.99	-0.82	0.61	-0.95	0.99	0.64	0.63	-0.46	0.65	0.63	0.97	0.43	-0.97	-0.98	0.97	-0.76	0.44	-0.92		0.86	-0.81	0.51	1.0	0.9	-0.91
Net Invested Capital	0.76	0.88	-0.74	0.64	-0.86	0.88	0.67	0.66	-0.46	0.69	0.67	0.89	0.76	-0.81	-0.81	0.89	-0.52	0.1	-0.74	0.86		-0.88	0.43	0.87	0.98	-0.71
Long Term Investments	-0.75	-0.84	0.84	-0.75	0.9	-0.84	-0.78	-0.77	0.2	-0.81	-0.79	-0.83	-0.63	0.67	0.78	-0.83	0.53	-0.2	0.88	-0.81	-0.88		-0.81	-0.81	-0.87	0.72
Property Plant And Equipment Gross	0.51	0.53	-0.69	0.6	-0.66	0.53	0.64	0.63	0.15	0.66	0.65	0.51	0.25	-0.3	-0.51	0.5	-0.37	0.26	-0.77	0.51	0.43	-0.81		0.5	0.44	-0.55
Short Long Term Debt	0.94	1.0	-0.8	0.58	-0.94	1.0	0.62	0.6	-0.5	0.63	0.6	0.98	0.46	-0.97	-0.97	0.98	-0.73	0.4	-0.9	1.0	0.87	-0.81	0.5		0.9	-0.92
Capital Stock	0.86	0.9	-0.79	0.71	-0.91	0.9	0.73	0.73	-0.38	0.77	0.74	0.88	0.61	-0.87	-0.89	0.88	-0.69	0.3	-0.81	0.9	0.98	-0.87	0.44	0.9		-0.7
Non Current Liabilities Other	-0.79	-0.94	0.7	-0.39	0.83	-0.93	-0.42	-0.4	0.59	-0.41	-0.39	-0.95	-0.48	0.86	0.83	-0.95	0.5	-0.2	0.81	-0.91	-0.71	0.72	-0.55	-0.92	-0.7

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SMX Public Account Relationship Matchups

SMX Public fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	26.4K	54.2K	100.1K	1.1M	1.3M	1.4M
Total Current Liabilities	1.0M	1.4M	1.9M	4.9M	18.0M	18.9M
Retained Earnings	(14.3M)	(20.3M)	(25.3M)	(30.0M)	(50.9M)	(48.4M)
Accounts Payable	192.3K	515.0K	916.5K	3.0M	10.5M	11.0M
Total Current Assets	2.0M	4.8M	5.1M	5.1M	802K	761.9K

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SMX Net Debt vs Retained Earnings Analysis

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Debt

Retained Earnings

SMX Public fundamental ratios Correlations

SMX Public Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SMX Public fundamental ratios Accounts

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Accounts Payable	+ 1.0	Total Current Liabilities
Short Long Term Debt	+ 1.0	Total Current Liabilities
Short Long Term Debt	+ 1.0	Accounts Payable
Property Plant Equipment	+ 1.0	Other Stockholder Equity
Property Plant Equipment	+ 1.0	Common Stock
Non Current Assets Total	+ 1.0	Total Assets

Cash	- 1.0	Other Current Liab
Total Liab	- 0.98	Cash
Short Long Term Debt	- 0.97	Cash
Short Long Term Debt	- 0.97	Property Plant And Equipment Net
Total Liab	- 0.97	Property Plant And Equipment Net
Non Current Liabilities Other	- 0.95	Non Current Assets Total