Smith Inventory vs Net Receivables Analysis
SWBI Stock | USD 10.86 2.77 20.32% |
Smith Wesson financial indicator trend analysis is much more than just breaking down Smith Wesson Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smith Wesson Brands is a good investment. Please check the relationship between Smith Wesson Inventory and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Wesson Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Inventory vs Net Receivables
Inventory vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smith Wesson Brands Inventory account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Smith Wesson's Inventory and Net Receivables is 0.62. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Smith Wesson Brands, assuming nothing else is changed. The correlation between historical values of Smith Wesson's Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Smith Wesson Brands are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Smith Wesson's Inventory and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Net Receivables
Most indicators from Smith Wesson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smith Wesson Brands 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 Smith Wesson Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. The Smith Wesson's current Discontinued Operations is estimated to increase to about 8 M, while Selling General Administrative is projected to decrease to under 62.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 612.5M | 430.8M | 491.1M | 403.5M | Depreciation And Amortization | 30.0M | 31.3M | 32.6M | 23.5M |
Smith Wesson fundamental ratios Correlations
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Smith Wesson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Smith Wesson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 729.0M | 446.4M | 497.5M | 541.3M | 578.0M | 398.3M | |
Short Long Term Debt Total | 202.7M | 38.8M | 40.3M | 61.8M | 78.4M | 98.2M | |
Total Current Liabilities | 130.0M | 125.7M | 88.9M | 87.2M | 96.7M | 83.6M | |
Total Stockholder Equity | 387.1M | 266.4M | 360.5M | 384.6M | 398.2M | 208.6M | |
Property Plant And Equipment Net | 157.4M | 141.6M | 135.6M | 210.3M | 254.0M | 266.7M | |
Net Debt | 73.6M | (74.2M) | (80.4M) | 8.2M | 17.5M | 16.7M | |
Retained Earnings | 341.7M | 325.2M | 504.6M | 523.2M | 540.7M | 567.7M | |
Cash | 125.4M | 113.0M | 120.7M | 53.6M | 60.8M | 55.8M | |
Non Current Assets Total | 333.1M | 178.1M | 169.9M | 249.4M | 290.1M | 192.4M | |
Cash And Short Term Investments | 125.4M | 113.0M | 120.7M | 53.6M | 60.8M | 57.9M | |
Common Stock Shares Outstanding | 55.0M | 55.4M | 47.7M | 46.2M | 46.2M | 51.3M | |
Liabilities And Stockholders Equity | 729.0M | 446.4M | 497.5M | 541.3M | 578.0M | 398.3M | |
Non Current Liabilities Total | 211.9M | 54.3M | 48.0M | 69.5M | 83.1M | 113.9M | |
Other Stockholder Equity | 45.3M | (58.9M) | (144.3M) | (138.7M) | (142.6M) | (135.5M) | |
Total Liab | 341.8M | 180.0M | 137.0M | 156.7M | 179.8M | 197.5M | |
Total Current Assets | 395.9M | 268.3M | 327.6M | 291.9M | 287.9M | 205.9M | |
Good Will | 191.3M | 182.3M | 83.6M | 19.0M | 21.9M | 20.8M | |
Other Current Assets | 8.8M | 8.4M | 5.6M | 4.9M | 5.0M | 5.7M | |
Other Current Liab | 72.4M | 61.9M | 53.6M | 45.9M | 46.5M | 52.2M | |
Current Deferred Revenue | 14.7M | 2.9M | 3K | 20.1M | 26.8M | 28.2M | |
Accounts Payable | 39.2M | 57.3M | 30.0M | 36.8M | 41.8M | 34.7M | |
Non Currrent Assets Other | 18.3M | 13.1M | 9.9M | 7.7M | 7.3M | 9.9M | |
Net Receivables | 95.0M | 68.4M | 64.6M | 56.3M | 61.6M | 61.3M | |
Inventory | 164.2M | 78.5M | 136.7M | 177.1M | 160.5M | 87.9M | |
Short Term Debt | 3.7M | 2.4M | 2.7M | 2.7M | 2.5M | 4.6M | |
Intangible Assets | 73.8M | 4.4M | 3.6M | 3.6M | 2.6M | 2.5M | |
Property Plant And Equipment Gross | 166.0M | 141.6M | 441.9M | 544.7M | 605.2M | 635.5M | |
Other Assets | 10.0M | 9.8M | 8.3M | 8.1M | 7.3M | 7.5M | |
Long Term Debt | 180.3M | 149.4M | 159.2M | 24.8M | 39.9M | 37.9M | |
Long Term Debt Total | 180.3M | 194.8M | 199.0M | 24.8M | 22.3M | 21.2M | |
Capital Surpluse | 267.6M | 273.4M | 278.1M | 283.7M | 326.2M | 284.1M | |
Property Plant Equipment | 183.3M | 166.0M | 146.4M | 139.1M | 160.0M | 166.8M | |
Other Liab | 16.2M | 5.3M | 11.9M | 8.1M | 7.3M | 13.4M | |
Net Tangible Assets | 229.8M | 242.9M | 337.9M | 362.0M | 416.3M | 235.5M | |
Capital Lease Obligations | 51.0M | 41.2M | 40.3M | 37.0M | 37.9M | 35.0M |
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When determining whether Smith Wesson Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Wesson'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 Smith Wesson Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Wesson Brands Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Wesson Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Leisure Products 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 Smith Wesson. If investors know Smith 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 Smith Wesson 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 1.047 | Earnings Share 0.78 | Revenue Per Share 11.178 | Quarterly Revenue Growth (0.23) | Return On Assets 0.0504 |
The market value of Smith Wesson Brands is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Wesson's value that differs from its market value or its book value, called intrinsic value, which is Smith Wesson'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 Smith Wesson's market value can be influenced by many factors that don't directly affect Smith Wesson'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 Smith Wesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Wesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Wesson'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.