908 Deferred Long Term Liab vs Total Stockholder Equity Analysis
MASS Stock | USD 6.64 0.16 2.47% |
908 Devices financial indicator trend analysis is way more than just evaluating 908 Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 908 Devices is a good investment. Please check the relationship between 908 Devices Deferred Long Term Liab and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 908 Devices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.
Deferred Long Term Liab vs Total Stockholder Equity
Deferred Long Term Liab vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 908 Devices Deferred Long Term Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between 908 Devices' Deferred Long Term Liab and Total Stockholder Equity is -0.38. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of 908 Devices, assuming nothing else is changed. The correlation between historical values of 908 Devices' Deferred Long Term Liab and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of 908 Devices are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Deferred Long Term Liab i.e., 908 Devices' Deferred Long Term Liab and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from 908 Devices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 908 Devices 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 908 Devices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.Selling General Administrative is likely to drop to about 28.5 M in 2024. Tax Provision is likely to gain to about (200.4 K) in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.2M | 26.0M | 23.4M | 19.8M | Total Revenue | 42.2M | 46.9M | 50.2M | 37.8M |
908 Devices fundamental ratios Correlations
Click cells to compare fundamentals
908 Devices Account Relationship Matchups
High Positive Relationship
High Negative Relationship
908 Devices fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.7M | 178.8M | 260.9M | 242.6M | 203.0M | 174.3M | |
Short Long Term Debt Total | 22.8M | 21.9M | 20.9M | 16.5M | 5.9M | 5.6M | |
Other Current Liab | 2.9M | 5.0M | 7.0M | 8.8M | 8.7M | 6.5M | |
Total Current Liabilities | 6.1M | 10.8M | 14.8M | 19.2M | 22.5M | 14.3M | |
Total Stockholder Equity | (63.2M) | 139.0M | 214.6M | 190.6M | 165.5M | 109.3M | |
Other Liab | 1.3M | 8.8M | 12.0M | 14.7M | 16.9M | 17.8M | |
Net Tangible Assets | (63.2M) | 139.0M | 214.6M | 172.1M | 197.9M | 207.8M | |
Property Plant And Equipment Net | 8.6M | 7.1M | 6.8M | 7.0M | 9.6M | 6.5M | |
Current Deferred Revenue | 1.5M | 3.1M | 5.2M | 7.5M | 10.6M | 11.2M | |
Net Debt | 4.9M | (137.4M) | (203.2M) | (172.0M) | (115.1M) | (120.9M) | |
Retained Earnings | (65.6M) | (78.5M) | (100.6M) | (134.2M) | (170.6M) | (162.1M) | |
Accounts Payable | 577K | 1.0M | 1.4M | 1.4M | 1.2M | 1.1M | |
Cash | 17.9M | 159.2M | 224.1M | 188.4M | 121.0M | 131.6M | |
Non Current Assets Total | 9.1M | 7.9M | 8.0M | 27.0M | 29.2M | 16.8M | |
Non Currrent Assets Other | 511K | 723K | 1.2M | (1.3M) | (1.2M) | (1.2M) | |
Other Assets | 511K | 723K | 1.2M | 1.4M | 1.6M | 962.9K | |
Cash And Short Term Investments | 17.9M | 159.2M | 224.1M | 188.4M | 145.7M | 136.1M | |
Net Receivables | 5.1M | 6.9M | 16.4M | 10.0M | 9.0M | 9.8M | |
Common Stock Shares Outstanding | 26.2M | 27.3M | 28.0M | 31.5M | 32.2M | 30.1M | |
Liabilities And Stockholders Equity | 37.7M | 178.8M | 260.9M | 242.6M | 203.0M | 174.3M | |
Non Current Liabilities Total | 94.8M | 29.0M | 31.5M | 32.8M | 14.9M | 14.2M | |
Capital Lease Obligations | 8.0M | 7.0M | 5.9M | 1.5M | 5.9M | 4.9M | |
Inventory | 5.2M | 4.6M | 7.9M | 12.5M | 14.9M | 8.9M | |
Other Current Assets | 351K | 300K | 4.5M | 4.7M | 4.2M | 2.6M | |
Other Stockholder Equity | (2.9M) | 217.5M | 315.2M | 324.0M | 334.7M | 218.7M | |
Total Liab | 100.8M | 39.8M | 46.3M | 52.0M | 37.5M | 47.2M | |
Net Invested Capital | (48.4M) | 153.9M | 229.6M | 15M | 165.5M | 87.1M | |
Property Plant And Equipment Gross | 8.6M | 7.1M | 6.8M | 7.0M | 15.5M | 10.1M | |
Total Current Assets | 28.6M | 171.0M | 252.9M | 215.6M | 173.8M | 157.5M | |
Accumulated Other Comprehensive Income | (65.6M) | (178.8M) | 0.0 | 798K | 1.4M | 1.4M | |
Net Working Capital | 22.5M | 160.1M | 238.1M | 196.4M | 151.2M | 143.1M | |
Short Term Debt | 1.1M | 1.7M | 1.3M | 1.5M | 2.0M | 1.4M | |
Property Plant Equipment | 8.6M | 7.1M | 6.8M | 3.1M | 2.8M | 2.6M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 908 Devices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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Is 908 Devices' 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 908 Devices. If investors know 908 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 908 Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.09) | Revenue Per Share 1.565 | Quarterly Revenue Growth 0.053 | Return On Assets (0.13) | Return On Equity (0.21) |
The market value of 908 Devices is measured differently than its book value, which is the value of 908 that is recorded on the company's balance sheet. Investors also form their own opinion of 908 Devices' value that differs from its market value or its book value, called intrinsic value, which is 908 Devices' 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 908 Devices' market value can be influenced by many factors that don't directly affect 908 Devices' 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 908 Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if 908 Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 908 Devices' 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.