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| Date | Value |
|---|---|
| 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 |