Company name:

Smartsheet Inc

  • IPO SHARE PRICE:
    $15.00
  • IPO DATE:
    27 April 2018
  • TICKER:
    SMAR
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    10500 NE 8th Street Suite 1300 Bellevue WA 98004
  • FISCAL YEAR END:
    January 31
  • INCORPORATION JURISDICTION:
    WA
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Smartsheet Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Balance Sheet

Quarterly Annual
(USD in thousand)
48.5% 11.3%
Selected Quarter:
31-Jan
2021
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
61.2%
48.5% —

Cash and cash equivalents

11.3% —

Accounts Receivable

1.5% —

Prepaid expenses and other current assets

Liquidity
Selected Quarter:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
$45,679
$45,679
$45,679
$45,679
 $208,799 $511,214 $513,357 $515,924 $544,178 $545,975 $420,417 $442,200
Short-term passive investments
-
-
-
-
$45,679
 - 50,000 50,000 50,532 - - - -
Accounts Receivable
$45,679
$45,679
$45,679
$45,679
$45,679
 33,286 40,178 42,634 56,863 49,453 54,663 65,827 102,648
Prepaid expenses and other current assets
$45,679
$45,679
$45,679
$45,679
$45,679
 6,413 9,914 9,369 7,643 9,999 9,969 12,553 13,524
Total current assets
$45,679
$45,679
$45,679
$45,679
$45,679
 $248,498 $611,306 $615,360 $630,962 $603,630 $610,607 $498,797 $558,372
3.1% 8.9% 6.6% 5.9% 13.8%
Selected Quarter:
31-Jan
2021
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
38.8%
13.8% —

Goodwill

8.9% —

Operating lease - right-of-use assets

6.6% —

Deferred commissions

5.9% —

Intangible assets

3.1% —

Property and equipment net

0.4% —

Other long-term assets

0.0% —

Restricted cash and cash equivalents
Selected Quarter:
Restricted cash and cash equivalents
-
-
-
-
-
 - - - 865 - - - 18
Long-term restricted cash
45,679
45,679
45,679
45,679
45,679
 862 886 1,051 865 720 659 359 -
Property and equipment net
45,679
45,679
45,679
45,679
45,679
 23,256 25,906 26,915 26,981 27,053 27,220 28,169 28,613
Operating lease - right-of-use assets
-
-
-
-
45,679
 51,514 49,719 56,744 57,590 67,929 65,046 63,038 81,081
Deferred commissions
45,679
45,679
45,679
45,679
45,679
 31,823 35,615 40,946 48,255 49,857 51,736 54,698 60,529
Intangible assets
45,679
45,679
45,679
45,679
45,679
 1,619 16,857 16,005 15,155 14,306 13,456 56,936 54,139
Goodwill
45,679
45,679
45,679
45,679
45,679
 5,496 16,677 16,497 16,497 16,497 16,497 125,878 125,605
Other long-term assets
45,679
45,679
45,679
45,679
45,679
 169 265 1,259 1,409 2,614 3,662 3,654 3,432
Total non-current assets
45,679
45,679
45,679
45,679
45,679
 114,739 145,925 159,417 166,752 178,976 178,276 332,732 353,417
Total assets
45,679
45,679
45,679
45,679
45,679
 $363,237 $757,231 $774,777 $797,714 $782,606 $788,883 $831,529 $911,789
24.4% 5.2% 7.9% 98.5%
Selected Quarter:
31-Jan
2021
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
33.7%
24.4% —

Current portion of deferred revenue

5.2% —

Accrued employee compensation and benefits

1.9% —

Other accrued liabilities

1.9% —

Current portion of Operating leases

0.3% —

Accounts payable
Selected Quarter:
Accounts payable
$45,679
$45,679
$45,679
$45,679
$45,679
 $4,723 $2,546 $4,024 $7,720 $6,108 $1,524 $5,312 $2,851
Capital lease payable
$45,679
$45,679
$45,679
$45,679
-
 - - - - - - - -
Accrued employee compensation and benefits
$45,679
$45,679
$45,679
$45,679
$45,679
 18,071 25,416 29,703 39,635 16,001 24,654 28,202 47,861
Other accrued liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 8,186 10,395 13,285 12,428 10,654 11,106 10,481 17,263
Current portion of deferred revenue
$45,679
$45,679
$45,679
$45,679
$45,679
 108,759 123,529 135,021 157,972 162,740 168,566 181,624 222,689
Current portion of Operating leases
-
-
-
-
$45,679
 9,423 9,530 11,041 13,020 13,890 14,116 14,506 17,059
Current portion of Finance leases
-
-
-
-
$45,679
 3,410 3,277 3,025 2,465 2,213 1,916 2,228 -
Total current liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 $152,572 $174,693 $196,099 $233,240 $211,606 $221,882 $242,353 $307,723
Selected Quarter:
31-Jan
2021
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
8.5%
7.9% —

Operating leases

0.4% —

Other non-current liabilities

0.1% —

Deferred revenue
Selected Quarter:
Deferred revenue
$45,679
$45,679
$45,679
$45,679
$45,679
 302 338 817 837 474 692 1,059 1,308
Convertible preferred stock warrant liabilities
$45,679
$45,679
$45,679
$45,679
-
 - - - - - - - -
Operating leases
-
-
-
-
$45,679
 44,571 42,964 48,668 47,913 57,397 54,982 52,727 71,925
Finance leases
-
-
-
-
$45,679
 1,994 2,295 2,156 1,664 1,235 866 - -
Capital lease payable
$45,679
$45,679
$45,679
$45,679
-
 - - - - - - - -
Other non-current liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 1,003 - - - 1,531 4,736 6,808 3,904
Total long-term liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 $47,870 $45,597 $51,641 $50,414 $60,637 $61,276 $60,594 $77,137
Total Liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 $200,442 $220,290 $247,740 $283,654 $272,243 $283,158 $302,947 $384,860
Selected Quarter:
31-Jan
2021
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
57.8%
98.5% —

Additional paid-in capital
Selected Quarter:
Convertible preferred stock
$45,679
$45,679
$45,679
$45,679
-
 - - - - - - - -
Preferred Stock
$45,679
-
$45,679
$45,679
$45,679
 - - - - - - - -
Common stock
$45,679
$45,679
$45,679
$45,679
-
 - - - - - - - -
Common stock Class A
$45,679
$45,679
$45,679
$45,679
$45,679
 - - - - - - - -
Common stock Class B
$45,679
$45,679
$45,679
$45,679
$45,679
 - - - - - - - -
Accumulated deficit
$45,679
$45,679
$45,679
$45,679
$45,679
 (180,325) (199,442) (228,297) (256,458) (284,242) (310,801) (342,772) (371,437)
Additional paid-in capital
$45,679
$45,679
$45,679
$45,679
$45,679
 343,120 736,383 755,334 770,518 794,605 816,526 871,354 898,366
Total Equity
$45,679
$45,679
$45,679
$45,679
$45,679
 $162,795 $536,941 $527,037 $514,060 $510,363 $505,725 $528,582 $526,929
Total Liabilities and Equity
$45,679
$45,679
$45,679
$45,679
$45,679
 $363,237 $757,231 $774,777 $797,714 $782,606 $788,883 $831,529 $911,789