Schmitt Industries Current Assets

Schmitt Industries (SMIT) currently reports a current assets of $4M as of May 2022. That compares with $7M in the prior-year period — down 42.4% year over year. Use the charts on this page to explore Schmitt Industries's current assets history and peer comparisons.

Schmitt Industries's current assets decreased from $7M to $4M — a 42.4% year-over-year decrease (period ending May 2022). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Schmitt Industries reported $4M in current assets as of May 2022. That compares with $7M in the prior-year period — down 42.4% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current current assets of $4M, then check the historical chart for trend and the peer comparison chart for relative positioning. From there, open related valuation or income-statement pages for Schmitt Industries, and consider following SMIT for alerts when major investors trade the stock.

Schmitt Industries is classified in the Industrials sector. On current assets, it currently shows $4M. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Industrials are usually more informative than comparing SMIT with unrelated industries.