Smith Net Invested Capital vs Capital Stock Analysis

SNN Stock  USD 24.45  0.57  2.39%   
Smith Nephew financial indicator trend analysis is much more than just breaking down Smith Nephew SNATS prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smith Nephew SNATS is a good investment. Please check the relationship between Smith Nephew Net Invested Capital and its Capital Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Nephew SNATS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Net Invested Capital vs Capital Stock

Net Invested Capital vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smith Nephew SNATS Net Invested Capital account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Smith Nephew's Net Invested Capital and Capital Stock is -0.48. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Smith Nephew SNATS, assuming nothing else is changed. The correlation between historical values of Smith Nephew's Net Invested Capital and Capital Stock 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 Invested Capital of Smith Nephew SNATS are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Invested Capital i.e., Smith Nephew's Net Invested Capital and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
Most indicators from Smith Nephew's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smith Nephew SNATS 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 Nephew SNATS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
As of the 27th of April 2024, Selling General Administrative is likely to drop to about 364.8 M. In addition to that, Tax Provision is likely to drop to about 25.6 M
 2021 2023 2024 (projected)
Interest Expense80M132M138.6M
Depreciation And Amortization466M527M553.4M

Smith Nephew fundamental ratios Correlations

0.910.720.920.960.870.810.950.950.550.980.140.53-0.05-0.790.920.91-0.290.270.970.970.520.650.660.610.64
0.910.660.860.760.760.870.740.760.660.870.20.65-0.27-0.840.990.87-0.420.380.980.930.650.340.460.450.49
0.720.660.530.660.760.480.660.620.740.660.160.73-0.07-0.620.680.46-0.140.190.730.710.120.260.580.550.52
0.920.860.530.880.730.870.870.90.40.90.240.39-0.14-0.750.840.96-0.290.340.890.930.780.640.40.380.59
0.960.760.660.880.840.690.990.980.420.960.080.390.07-0.680.780.86-0.160.150.860.910.430.790.690.60.7
0.870.760.760.730.840.650.840.810.570.830.160.55-0.15-0.680.780.72-0.140.190.830.840.30.560.670.580.73
0.810.870.480.870.690.650.70.720.370.790.530.36-0.31-0.830.850.9-0.40.340.850.810.680.320.270.330.43
0.950.740.660.870.990.840.70.970.40.950.150.380.04-0.650.770.86-0.090.10.850.910.430.810.670.620.7
0.950.760.620.90.980.810.720.970.310.970.040.290.13-0.720.780.89-0.250.230.860.880.440.790.70.530.61
0.550.660.740.40.420.570.370.40.310.420.191.0-0.37-0.420.650.32-0.030.10.630.660.340.060.250.50.55
0.980.870.660.90.960.830.790.950.970.420.10.410.04-0.780.890.9-0.320.250.940.920.460.680.730.620.55
0.140.20.160.240.080.160.530.150.040.190.10.19-0.49-0.160.20.210.2-0.160.170.210.31-0.07-0.290.150.2
0.530.650.730.390.390.550.360.380.291.00.410.19-0.38-0.420.640.31-0.040.10.620.650.340.030.230.480.53
-0.05-0.27-0.07-0.140.07-0.15-0.310.040.13-0.370.04-0.49-0.380.0-0.25-0.18-0.30.23-0.15-0.2-0.450.270.450.14-0.39
-0.79-0.84-0.62-0.75-0.68-0.68-0.83-0.65-0.72-0.42-0.78-0.16-0.420.0-0.81-0.780.72-0.6-0.84-0.76-0.45-0.18-0.45-0.34-0.34
0.920.990.680.840.780.780.850.770.780.650.890.20.64-0.25-0.810.86-0.360.290.980.920.580.390.530.50.49
0.910.870.460.960.860.720.90.860.890.320.90.210.31-0.18-0.780.86-0.340.310.890.910.710.590.40.320.58
-0.29-0.42-0.14-0.29-0.16-0.14-0.4-0.09-0.25-0.03-0.320.2-0.04-0.30.72-0.36-0.34-0.77-0.38-0.21-0.160.22-0.25-0.030.21
0.270.380.190.340.150.190.340.10.230.10.25-0.160.10.23-0.60.290.31-0.770.350.260.27-0.10.10.09-0.19
0.970.980.730.890.860.830.850.850.860.630.940.170.62-0.15-0.840.980.89-0.380.350.960.570.490.60.580.54
0.970.930.710.930.910.840.810.910.880.660.920.210.65-0.2-0.760.920.91-0.210.260.960.650.590.50.550.71
0.520.650.120.780.430.30.680.430.440.340.460.310.34-0.45-0.450.580.71-0.160.270.570.650.28-0.18-0.020.41
0.650.340.260.640.790.560.320.810.790.060.68-0.070.030.27-0.180.390.590.22-0.10.490.590.280.580.480.55
0.660.460.580.40.690.670.270.670.70.250.73-0.290.230.45-0.450.530.4-0.250.10.60.5-0.180.580.680.25
0.610.450.550.380.60.580.330.620.530.50.620.150.480.14-0.340.50.32-0.030.090.580.55-0.020.480.680.33
0.640.490.520.590.70.730.430.70.610.550.550.20.53-0.39-0.340.490.580.21-0.190.540.710.410.550.250.33
Click cells to compare fundamentals

Smith Nephew Account Relationship Matchups

Smith Nephew fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B11.0B10.9B10.0B10.0B10.5B
Short Long Term Debt Total2.0B3.7B3.3B2.9B3.1B3.2B
Other Current Liab623M797M1.1B686M272M370.7M
Total Current Liabilities1.6B1.7B2.1B1.7B2.3B2.4B
Total Stockholder Equity5.1B5.3B5.6B5.3B5.2B5.5B
Property Plant And Equipment Net1.3B1.4B1.5B1.5B1.5B746.7M
Net Debt1.8B1.9B2.0B2.5B2.8B2.9B
Retained Earnings4.8B5.0B5.2B5.0B4.9B5.2B
Accounts Payable941M891M1.0B1.0B1.0B1.1B
Cash277M1.8B1.3B350M302M278.3M
Non Current Assets Total5.8B6.0B6.1B5.8B6.0B6.3B
Non Currrent Assets Other(150M)(202M)(201M)(177M)87M91.4M
Cash And Short Term Investments277M1.8B1.3B350M302M293.6M
Liabilities And Stockholders Equity9.3B11.0B10.9B10.0B10.0B10.5B
Non Current Liabilities Total1.9B3.2B2.7B2.6B2.5B2.6B
Inventory1.6B1.7B1.8B2.2B2.4B2.5B
Other Current Assets246M300M319M274M92M87.4M
Other Stockholder Equity115M144M166M58M521M547.1M
Total Liab4.2B5.7B5.4B4.7B4.8B5.0B
Total Current Assets3.2B4.7B4.4B3.9B4.0B4.2B
Short Term Debt72M337M491M160M765M803.3M
Intangible Assets1.6B1.5B1.4B1.2B1.1B817.0M
Other Liab619M692M373M280M322M358.7M
Other Assets291M368M398M330M379.5M222.3M
Long Term Debt1.8B3.2B2.7B2.6B2.2B1.2B
Good Will2.8B2.9B3.0B3.0B3.0B1.7B
Property Plant Equipment1.3B1.4B1.5B1.5B1.7B929.0M
Current Deferred Revenue(72M)(337M)(491M)(160M)218M228.9M
Net Receivables1.1B911M971M1.0B1.2B897.5M
Property Plant And Equipment Gross1.3B1.4B4.0B4.0B4.2B4.5B
Accumulated Other Comprehensive Income(306M)(311M)(328M)(439M)(385M)(404.3M)
Treasury Stock(214M)(189M)(157M)(120M)(138M)(144.9M)
Net Tangible Assets785M865M1.2B992M1.1B871.3M

Currently Active Assets on Macroaxis

When determining whether Smith Nephew SNATS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Nephew'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 Nephew Snats Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Nephew Snats Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Nephew SNATS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Smith Nephew's price analysis, check to measure Smith Nephew's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smith Nephew is operating at the current time. Most of Smith Nephew's value examination focuses on studying past and present price action to predict the probability of Smith Nephew's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Nephew's price. Additionally, you may evaluate how the addition of Smith Nephew to your portfolios can decrease your overall portfolio volatility.
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Is Smith Nephew's industry 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 Nephew. 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 Nephew 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
0.983
Dividend Share
0.375
Earnings Share
0.6
Revenue Per Share
2.5484
Quarterly Revenue Growth
0.076
The market value of Smith Nephew SNATS 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 Nephew's value that differs from its market value or its book value, called intrinsic value, which is Smith Nephew'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 Nephew's market value can be influenced by many factors that don't directly affect Smith Nephew'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 Nephew's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Nephew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Nephew'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.