Standard Historical Balance Sheet

SMP Stock  USD 32.88  0.10  0.31%   
Trend analysis of Standard Motor Products balance sheet accounts such as Total Stockholder Equity of 666.8 M, Property Plant And Equipment Net of 233 M, Net Debt of 223.3 M or Retained Earnings of 601.9 M provides information on Standard's total assets, liabilities, and equity, which is the actual value of Standard Motor Products to its prevalent stockholders. By breaking down trends over time using Standard balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Black Monday
 
Oil Shock
 
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Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Standard Motor Products latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Standard Motor Products is a good buy for the upcoming year.

Standard Inventory

273.51 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Motor Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Standard Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Standard Motor Products at a specified time, usually calculated after every quarter, six months, or one year. Standard Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Standard and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Standard currently owns. An asset can also be divided into two categories, current and non-current.

Standard Balance Sheet Chart

At this time, Standard's Non Current Liabilities Total is relatively stable compared to the past year. As of 11/29/2024, Other Stockholder Equity is likely to grow to about 39.3 M, while Cash is likely to drop slightly above 17.2 M.

Total Assets

Total assets refers to the total amount of Standard 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 Standard Motor Products 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. 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.

Total Current Liabilities

Total Current Liabilities is an item on Standard balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Standard Motor Products are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Standard's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Standard Motor Products current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Standard Motor Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Standard's Non Current Liabilities Total is relatively stable compared to the past year. As of 11/29/2024, Other Stockholder Equity is likely to grow to about 39.3 M, while Cash is likely to drop slightly above 17.2 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total159.6M280.3M245.2M257.4M
Total Assets1.2B1.3B1.3B673.1M

Standard balance sheet Correlations

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Standard Account Relationship Matchups

Standard balance sheet Accounts

201920202021202220232024 (projected)
Total Assets912.7M956.5M1.2B1.3B1.3B673.1M
Short Long Term Debt Total85.4M32.7M159.6M280.3M245.2M257.4M
Other Current Liab91.5M192.4M210.8M178.9M174.6M183.4M
Total Current Liabilities309.5M302.6M476.4M323.1M304.3M234.6M
Total Stockholder Equity504.2M550.2M601.6M610.0M635.1M666.8M
Property Plant And Equipment Net125.7M119.1M143.3M157.0M221.9M233.0M
Net Debt75.0M13.2M137.9M259.2M212.7M223.3M
Retained Earnings417.4M463.6M532.3M564.2M573.2M601.9M
Cash10.4M19.5M21.8M21.2M32.5M17.2M
Non Current Assets Total363.3M358.0M486.8M492.5M548.8M576.3M
Non Currrent Assets Other18.8M21.8M25.4M27.5M25.9M24.8M
Cash And Short Term Investments10.4M19.5M21.8M21.2M32.5M17.4M
Net Receivables135.5M198.0M180.6M167.6M160.3M141.3M
Common Stock Shares Outstanding22.8M22.8M22.6M22.1M22.2M19.3M
Liabilities And Stockholders Equity912.7M956.5M1.2B1.3B1.3B673.1M
Non Current Liabilities Total99.0M103.7M109.0M310.8M337.9M354.8M
Inventory387.9M365.1M491.0M548.4M525.3M273.5M
Other Current Assets15.6M15.9M17.8M25.2M26.1M24.8M
Other Stockholder Equity47.5M44.4M29.6M10.4M19.9M39.3M
Total Liab408.5M406.3M585.3M633.9M642.2M372.4M
Property Plant And Equipment Gross125.7M119.1M102.8M107.1M481.6M505.7M
Total Current Assets549.4M598.5M711.2M762.4M744.2M458.7M
Accumulated Other Comprehensive Income(8.6M)(5.7M)(8.2M)(12.5M)(6.0M)(6.3M)
Short Term Debt56.9M10.1M128.4M55.0M22.2M21.1M
Accounts Payable92.5M100.0M137.2M89.2M107.5M65.1M
Good Will77.8M77.8M131.7M132.1M134.7M141.5M
Intangible Assets64.9M54.0M106.2M100.5M92.3M51.7M
Other Liab70.5M81.2M77.7M85.5M98.3M67.1M
Other Assets56.1M137.1M3K59.2M(10K)(9.5K)
Long Term Debt129K97K21K184.6M151.2M158.7M
Treasury Stock(53.7M)(55.2M)(60.7M)(75.8M)(68.2M)(64.8M)
Property Plant Equipment89.6M89.1M143.3M107.1M123.2M93.7M
Current Deferred Revenue35.9M88.7M68.5M33.7M(5.0M)(4.8M)
Net Tangible Assets504.2M550.2M601.6M610.0M701.5M487.9M
Retained Earnings Total Equity417.4M463.6M532.3M564.2M648.9M382.3M
Capital Surpluse102.7M105.1M105.4M105.6M121.5M105.7M

Pair Trading with Standard

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 Standard 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 Standard will appreciate offsetting losses from the drop in the long position's value.

Moving against Standard Stock

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The ability to find closely correlated positions to Standard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Standard 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 Standard - 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 Standard Motor Products to buy it.
The correlation of Standard 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 Standard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Standard Motor Products 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 Standard 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 Standard Stock Analysis

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