Smith Midland (SMID) Capital Leases (2018 - 2021)

Smith Midland (SMID) reported Capital Leases of $3.0 million for Q3 2021, down 26.67% YoY from $4.1 million in Q3 2020, and down 6.13% on a QoQ basis from $3.2 million in Q2 2021.

Smith Midland (SMID) Capital Leases (2018 - 2021) Analysis & Trends

Smith Midland has disclosed Capital Leases across 4 years of filings, most recently posting $3.0 million for Q3 2021.

  • On a quarterly basis, Capital Leases fell 26.67% year-over-year to $3.0 million in Q3 2021; TTM through Sep 2021 was $3.0 million, a 26.67% decrease from a year earlier, with the FY2020 full-year figure at $3.8 million, down 26.88% from the prior year.
  • Capital Leases for Q3 2021 stood at $3.0 million, down from $3.2 million in the prior quarter.
  • The five-year high for Capital Leases was $6.1 million in Q1 2019, with the low at $1.3 million in Q1 2018.
  • A 4-year average of $4.4 million and a median of $4.4 million in 2020 frame the typical range for Capital Leases.
  • The sharpest annual moves came in 2019 and 2021: Capital Leases soared 353.5% in 2019, then fell 28.11% in 2021.
  • Year by year, Capital Leases stood at $5.9 million in 2018, then declined by 11.75% to $5.2 million in 2019, then declined by 26.88% to $3.8 million in 2020, then dropped by 20.84% to $3.0 million in 2021.
  • Business Quant data shows SMID's Capital Leases at $3.0 million in Q3 2021, $3.2 million in Q2 2021, and $3.5 million in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Crh Public 74.51 Bn 72.28 Bn 2.05 Bn
2 Vulcan Materials 39.63 Bn 39.52 Bn 422.70 Mn
3 Martin Marietta Materials 36.71 Bn 36.44 Bn 310.00 Mn
4 Amrize 30.61 Bn 29.50 Bn 211.00 Mn
5 James Hardie Industries 13.48 Bn 13.01 Bn 523.40 Mn
6 Eagle Materials 7.16 Bn 6.86 Bn 106.33 Mn
7 Knife River 4.89 Bn 4.82 Bn -2.77 Mn
8 United States Lime & Minerals 3.26 Bn 2.87 Bn 41.75 Mn
9 Tecnoglass 2.06 Bn 1.96 Bn 95.83 Mn
10 Smith Midland 159.69 Mn 146.47 Mn 4.30 Mn

Historic Data

Download Data
DateValue
Sep 30, 2021 3.00 Mn
Jun 30, 2021 3.20 Mn
Mar 31, 2021 3.49 Mn
Dec 31, 2020 3.79 Mn
Sep 30, 2020 4.09 Mn
Jun 30, 2020 4.41 Mn
Mar 31, 2020 4.85 Mn
Dec 31, 2019 5.18 Mn
Sep 30, 2019 5.44 Mn
Jun 30, 2019 5.74 Mn
Mar 31, 2019 6.10 Mn
Dec 31, 2018 5.87 Mn
Sep 30, 2018 5.39 Mn
Jun 30, 2018 3.73 Mn
Mar 31, 2018 1.34 Mn