Smartsheet Total Assets from 2010 to 2024

SMAR Stock  USD 56.02  0.06  0.11%   
Smartsheet Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 694.9 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2017-01-31
Previous Quarter
1.3 B
Current Value
1.4 B
Quarterly Volatility
400.1 M
 
Covid
Check Smartsheet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smartsheet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.7 M, Selling General Administrative of 154.9 M or Selling And Marketing Expenses of 536.1 M, as well as many indicators such as Price To Sales Ratio of 6.0, Dividend Yield of 0.0 or PTB Ratio of 9.48. Smartsheet financial statements analysis is a perfect complement when working with Smartsheet Valuation or Volatility modules.
  
Check out the analysis of Smartsheet Correlation against competitors.
To learn how to invest in Smartsheet Stock, please use our How to Invest in Smartsheet guide.

Latest Smartsheet's Total Assets Growth Pattern

Below is the plot of the Total Assets of Smartsheet over the last few years. Total assets refers to the total amount of Smartsheet assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Smartsheet books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Smartsheet's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smartsheet's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.34 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Smartsheet Total Assets Regression Statistics

Arithmetic Mean440,021,288
Geometric Mean185,971,252
Coefficient Of Variation108.60
Mean Deviation428,640,079
Median116,604,000
Standard Deviation477,873,758
Sample Variance228363.3T
Range1.3B
R-Value0.86
Mean Square Error62383.2T
R-Squared0.75
Significance0.000033
Slope92,313,626
Total Sum of Squares3197086.6T

Smartsheet Total Assets History

2024694.9 M
20231.3 B
20221.1 B
2021B
2020911.8 M
2019797.7 M
2018308.7 M

Other Fundumenentals of Smartsheet

Smartsheet Total Assets component correlations

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Click cells to compare fundamentals

About Smartsheet Financial Statements

Smartsheet shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Smartsheet investors may analyze each financial statement separately, they are all interrelated. The changes in Smartsheet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Smartsheet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets1.3 B694.9 M
Intangibles To Total Assets 0.13  0.07 

Pair Trading with Smartsheet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Smartsheet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Smartsheet will appreciate offsetting losses from the drop in the long position's value.

Moving together with Smartsheet Stock

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Moving against Smartsheet Stock

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  0.79VERB VERB TECHNOLOGY PANY Earnings Call This WeekPairCorr
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  0.36EB Eventbrite Class APairCorr
The ability to find closely correlated positions to Smartsheet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smartsheet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Smartsheet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Smartsheet to buy it.
The correlation of Smartsheet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smartsheet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smartsheet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Smartsheet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Smartsheet Stock Analysis

When running Smartsheet's price analysis, check to measure Smartsheet'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 Smartsheet is operating at the current time. Most of Smartsheet's value examination focuses on studying past and present price action to predict the probability of Smartsheet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smartsheet's price. Additionally, you may evaluate how the addition of Smartsheet to your portfolios can decrease your overall portfolio volatility.