Smith Micro Software (SMSI) Debt Ratio (2010 - 2018)
Smith Micro Software's (SMSI) quarterly Debt Ratio came in at 0.08 in Q3 2018, down 64.49% YoY from 0.24 in Q3 2017, and up 6.05% on a QoQ basis from 0.08 in Q2 2018.
Smith Micro Software (SMSI) Debt Ratio (2010 - 2018) Analysis & Trends
Smith Micro Software (SMSI) has 6 years of Debt Ratio data on file, last reported at 0.08 in Q3 2018.
- Quarterly Debt Ratio fell 64.49% year-over-year to 0.08 in Q3 2018, while the trailing twelve-month figure through Sep 2018 was 0.08 (down 64.49% YoY) and the FY2017 annual result came in at 0.18, up 103.66% from the prior year.
- Debt Ratio improved to 0.08 in Q3 2018, from 0.08 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.24 in Q3 2017 to a low of 0.05 in Q3 2016.
- A 3-year average of 0.14 and a median of 0.11 in 2018 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2017 — Debt Ratio surged 409.69% — and 2018, when it tumbled 65.34%.
- Tracing SMSI's Debt Ratio over 3 years: stood at 0.09 in 2016, then jumped by 103.66% to 0.18 in 2017, then sank by 54.5% to 0.08 in 2018.
- The last three Debt Ratio figures came in at 0.08 (Q3 2018), 0.08 (Q2 2018), and 0.11 (Q1 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.11 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.37 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.22 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.24 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.08 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.22 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.18 |
| 10 | Smith Micro Software | 14.65 Mn | 12.91 Mn | 3.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2018 | 0.08 |
| Jun 30, 2018 | 0.08 |
| Mar 31, 2018 | 0.11 |
| Dec 31, 2017 | 0.18 |
| Sep 30, 2017 | 0.24 |
| Jun 30, 2017 | 0.23 |
| Mar 31, 2017 | 0.22 |
| Dec 31, 2016 | 0.09 |
| Sep 30, 2016 | 0.05 |
| Sep 30, 2012 | 0.06 |
| Jun 30, 2012 | 0.05 |
| Mar 31, 2012 | 0.05 |
| Dec 31, 2011 | 0.04 |
| Sep 30, 2011 | 0.04 |
| Jun 30, 2011 | 0.01 |
| Dec 31, 2010 | 0.00 |