CEVA Total Assets vs Non Current Liabilities Total Analysis
CEVA Stock | USD 20.08 0.61 3.13% |
CEVA financial indicator trend analysis is way more than just evaluating CEVA Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CEVA Inc is a good investment. Please check the relationship between CEVA Total Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CEVA Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Total Assets vs Non Current Liabilities Total
Total Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CEVA Inc Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CEVA's Total Assets and Non Current Liabilities Total is 0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of CEVA Inc, assuming nothing else is changed. The correlation between historical values of CEVA's Total Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of CEVA Inc are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., CEVA's Total Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of CEVA assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CEVA Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Current Liabilities Total
Most indicators from CEVA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CEVA Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CEVA Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At present, CEVA's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 187.8 M, whereas Selling General Administrative is forecasted to decline to about 10.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 105.9M | 107.6M | 85.8M | 54.6M | Total Revenue | 122.7M | 134.6M | 97.4M | 61.4M |
CEVA fundamental ratios Correlations
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CEVA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CEVA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 297.0M | 307.0M | 328.7M | 308.4M | 304.1M | 197.2M | |
Total Stockholder Equity | 251.2M | 260.9M | 276.7M | 258.9M | 264.3M | 171.0M | |
Other Assets | 28.7M | 31.3M | 34.7M | 23.4M | 1.0 | 0.95 | |
Common Stock Shares Outstanding | 22.3M | 22.1M | 23.3M | 23.2M | 23.5M | 21.8M | |
Liabilities And Stockholders Equity | 297.0M | 307.0M | 328.7M | 308.4M | 304.1M | 197.2M | |
Other Stockholder Equity | 188.6M | 203.0M | 221.6M | 232.9M | 246.5M | 162.8M | |
Total Liab | 45.9M | 46.1M | 51.9M | 49.6M | 39.7M | 26.3M | |
Other Current Liab | 19.6M | 21.9M | 22.0M | 25.1M | 20.9M | 11.3M | |
Total Current Liabilities | 26.4M | 28.2M | 35.4M | 33.3M | 27.6M | 20.5M | |
Accounts Payable | 701K | 894K | 1.5M | 2.0M | 1.2M | 914.2K | |
Cash | 22.8M | 21.1M | 33.2M | 21.3M | 23.3M | 29.2M | |
Other Current Assets | 5.7M | 6.2M | 6.7M | 6.9M | 8.5M | 8.0M | |
Intangible Assets | 13.4M | 10.8M | 14.6M | 6.7M | 3.0M | 2.8M | |
Property Plant Equipment | 7.9M | 7.6M | 15.6M | 7.1M | 8.2M | 5.1M | |
Property Plant And Equipment Net | 18.9M | 16.6M | 15.6M | 17.4M | 13.7M | 14.4M | |
Non Current Assets Total | 118.5M | 139.4M | 139.7M | 130.8M | 98.8M | 84.9M | |
Non Currrent Assets Other | 19.1M | 20.5M | 8.7M | 23.0M | 17.7M | 8.9M | |
Cash And Short Term Investments | 144.6M | 130.1M | 154.9M | 139.5M | 166.5M | 117.4M | |
Net Receivables | 28.3M | 31.2M | 27.4M | 31.3M | 30.3M | 31.8M | |
Short Term Investments | 121.8M | 109.0M | 121.7M | 118.2M | 143.3M | 97.5M | |
Non Current Liabilities Total | 19.5M | 17.9M | 16.5M | 16.3M | 12.1M | 8.6M | |
Property Plant And Equipment Gross | 18.9M | 16.6M | 6.8M | 17.4M | 39.2M | 41.2M | |
Total Current Assets | 178.6M | 167.6M | 189.0M | 177.6M | 205.3M | 137.1M | |
Other Liab | 11.2M | 12.1M | 11.4M | 9.6M | 11.0M | 7.3M | |
Current Deferred Revenue | 3.6M | 2.4M | 8.7M | 3.2M | 3.0M | 2.5M | |
Net Debt | (12.1M) | (12.4M) | (24.7M) | (11.6M) | (16.8M) | (17.7M) | |
Retained Earnings | 62.4M | 57.4M | 55.5M | 32.2M | 20.2M | 12.0M | |
Accumulated Other Comprehensive Income | 94K | 478K | (372K) | (6.2M) | (2.3M) | (2.4M) | |
Short Term Debt | 2.4M | 3.0M | 3.3M | 3.0M | 2.5M | 4.7M | |
Treasury Stock | (39.4M) | (30.1M) | (13.8M) | (9.9M) | (8.9M) | (9.4M) | |
Net Tangible Assets | 251.2M | 199.0M | 187.3M | 177.4M | 204.0M | 195.1M | |
Retained Earnings Total Equity | 62.4M | 57.4M | 55.5M | 32.2M | 37.0M | 41.7M | |
Capital Surpluse | 228.0M | 233.2M | 235.4M | 242.8M | 279.3M | 240.7M | |
Long Term Investments | 6.3M | 11.5M | 2.9M | 408K | 406K | 385.7K | |
Non Current Liabilities Other | 19.5M | 17.9M | 16.5M | 16.3M | 18.7M | 12.5M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CEVA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CEVA's short interest history, or implied volatility extrapolated from CEVA options trading.
Pair Trading with CEVA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CEVA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CEVA will appreciate offsetting losses from the drop in the long position's value.Moving together with CEVA Stock
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Moving against CEVA Stock
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The ability to find closely correlated positions to CEVA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CEVA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CEVA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CEVA Inc to buy it.
The correlation of CEVA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CEVA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CEVA Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CEVA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CEVA Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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When running CEVA's price analysis, check to measure CEVA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CEVA is operating at the current time. Most of CEVA's value examination focuses on studying past and present price action to predict the probability of CEVA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEVA's price. Additionally, you may evaluate how the addition of CEVA to your portfolios can decrease your overall portfolio volatility.
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Is CEVA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CEVA. If investors know CEVA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CEVA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.959 | Earnings Share (0.79) | Revenue Per Share 3.963 | Quarterly Revenue Growth (0.23) | Return On Assets (0.03) |
The market value of CEVA Inc is measured differently than its book value, which is the value of CEVA that is recorded on the company's balance sheet. Investors also form their own opinion of CEVA's value that differs from its market value or its book value, called intrinsic value, which is CEVA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CEVA's market value can be influenced by many factors that don't directly affect CEVA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CEVA's value and its price as these two are different measures arrived at by different means. Investors typically determine if CEVA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CEVA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.