SmartRent, Inc.

NYSE:SMRT Stock Report

Market Cap: US$313.9m

SmartRent Balance Sheet Health

Financial Health criteria checks 5/6

SmartRent has a total shareholder equity of $305.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $448.6M and $143.5M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$163.40m
EquityUS$305.14m
Total liabilitiesUS$143.45m
Total assetsUS$448.59m

Recent financial health updates

We're Not Worried About SmartRent's (NYSE:SMRT) Cash Burn

Dec 18
We're Not Worried About SmartRent's (NYSE:SMRT) Cash Burn

Recent updates

SmartRent, Inc.'s (NYSE:SMRT) 27% Share Price Surge Not Quite Adding Up

Dec 13
SmartRent, Inc.'s (NYSE:SMRT) 27% Share Price Surge Not Quite Adding Up

Bearish: Analysts Just Cut Their SmartRent, Inc. (NYSE:SMRT) Revenue and EPS estimates

Nov 12
Bearish: Analysts Just Cut Their SmartRent, Inc. (NYSE:SMRT) Revenue and EPS estimates

SmartRent: Turnaround Play, Takeover Target, Or Just A Falling Knife?

Oct 04

SmartRent: An Activist Emerges

May 17

SmartRent: Downgrading To Hold Due To Uncertainties In FY24

Mar 25

SmartRent, Inc. (NYSE:SMRT) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Mar 08
SmartRent, Inc. (NYSE:SMRT) Analysts Are Cutting Their Estimates: Here's What You Need To Know

SmartRent: Profitability On The Horizon

Feb 09

We're Not Worried About SmartRent's (NYSE:SMRT) Cash Burn

Dec 18
We're Not Worried About SmartRent's (NYSE:SMRT) Cash Burn

Should You Think About Buying SmartRent, Inc. (NYSE:SMRT) Now?

Nov 09
Should You Think About Buying SmartRent, Inc. (NYSE:SMRT) Now?

SmartRent: Heading In The Right Direction

Nov 01

SmartRent: Positive On The Profitable Growth Approach

Aug 22

Old West - SmartRent: No Serious Competition And Rapidly Riding To Profitability

Jul 23

SmartRent: Accelerated Revenue Recognition For New SmartHubs Superficially And Temporarily Boosts Stagnating Low-Margin Business

Jun 29

SmartRent: The Smart Way To Invest In Smart Homes And Proptech

Jun 01

Land & Buildings Investment exits Prologis, Park Hotels during Q4

Feb 14

SmartRent: Leading Player In A Large Industry

Jan 10

SmartRent: Supply Chain Must Improve To Gain Momentum

Dec 16

Time To Worry? Analysts Are Downgrading Their SmartRent, Inc. (NYSE:SMRT) Outlook

Aug 16
Time To Worry? Analysts Are Downgrading Their SmartRent, Inc. (NYSE:SMRT) Outlook

Land & Buildings takes new stake in SmartRent, exits Blackstone, Jones Lang LaSalle

Aug 16

Financial Position Analysis

Short Term Liabilities: SMRT's short term assets ($285.0M) exceed its short term liabilities ($86.0M).

Long Term Liabilities: SMRT's short term assets ($285.0M) exceed its long term liabilities ($57.5M).

Debt to Equity History and Analysis

Debt Level: SMRT is debt free.

Reducing Debt: SMRT had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SMRT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SMRT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 03:11
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SmartRent, Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett KnoblauchCantor Fitzgerald & Co.
Barry OxfordColliers Securities
Thomas WhiteD.A. Davidson & Co.