Stem Inventory vs Other Current Assets Analysis
STEM Stock | USD 1.31 0.06 4.38% |
Stem financial indicator trend analysis is much more than just breaking down Stem Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stem Inc is a good investment. Please check the relationship between Stem Inventory and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stem 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 income.
Inventory vs Other Current Assets
Inventory vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stem Inc Inventory account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stem's Inventory and Other Current Assets is 0.66. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Stem Inc, assuming nothing else is changed. The correlation between historical values of Stem's Inventory and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Stem Inc are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Inventory i.e., Stem's Inventory and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Stem's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stem 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Stem 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 income. As of the 15th of May 2024, Tax Provision is likely to grow to about 413.7 K, while Selling General Administrative is likely to drop about 40.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 84.3M | 164.2M | 165.3M | 110.9M | Cost Of Revenue | 126.1M | 329.9M | 462.8M | 485.9M |
Stem fundamental ratios Correlations
Click cells to compare fundamentals
Stem Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stem fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 253.0K | 205.9M | 1.2B | 1.4B | 1.4B | 765.8M | |
Short Long Term Debt Total | 57.3K | 106.3M | 330.4M | 460.5M | 603.9M | 634.1M | |
Other Current Liab | 189.3K | 38.2M | 49.3M | 116.3M | 101.0M | 56.0M | |
Total Current Liabilities | 246.6K | 190.5M | 88.0M | 267.0M | 251.1M | 146.2M | |
Total Stockholder Equity | 6.5K | (177.4M) | 667.8M | 551.6M | 426.2M | 269.2M | |
Other Liab | 15.5M | 19.6M | 32.4M | 78.4M | 90.1M | 94.7M | |
Net Tangible Assets | (268.1M) | (411.8M) | 652.1M | 551.6M | 634.4M | 666.1M | |
Net Debt | (12.8M) | 99.3M | (417.4M) | 372.6M | 498.5M | 523.5M | |
Retained Earnings | (18.6K) | (407.8M) | (509.1M) | (632.1M) | (772.5M) | (733.9M) | |
Accounts Payable | 12.7M | 13.7M | 28.3M | 83.8M | 78.3M | 39.8M | |
Cash | 12.9M | 6.9M | 747.8M | 87.9M | 105.4M | 176.2M | |
Non Current Assets Total | 251.4K | 156.6M | 168.0M | 889.1M | 904.6M | 949.8M | |
Non Currrent Assets Other | 251.4K | 1.5M | 24.5M | 75.1M | 86.4M | 90.7M | |
Other Assets | 13.4M | 383.72 | 33.2M | 72.9M | 83.8M | 88.0M | |
Cash And Short Term Investments | 12.9M | 6.9M | 920.8M | 250.0M | 113.6M | 107.9M | |
Net Receivables | 6.6M | 13.7M | 61.7M | 223.2M | 302.9M | 318.1M | |
Liabilities And Stockholders Equity | 253.0K | 205.9M | 1.2B | 1.4B | 1.4B | 765.8M | |
Non Current Liabilities Total | 97.1M | 192.7M | 436.0M | 602.7M | 679.2M | 368.1M | |
Inventory | 3.6M | 20.8M | 22.7M | 8.4M | 26.7M | 15.4M | |
Other Current Assets | 1.6K | 895K | 18.6M | 8.0M | 9.2M | 7.2M | |
Other Stockholder Equity | (237.3M) | 135.3M | 1.2B | 1.2B | 1.2B | 634.1M | |
Total Liab | 246.6K | 383.3M | 524.0M | 869.7M | 930.3M | 496.5M | |
Deferred Long Term Liab | 9.0M | 11.7M | 8.6M | 11.7M | 13.5M | 10.9M | |
Total Current Assets | 1.6K | 49.3M | 1.0B | 532.8M | 452.4M | 377.4M | |
Short Term Debt | 57.3K | 101.6M | 1.2M | 2.6M | 17.8M | 16.5M | |
Property Plant Equipment | 132.6M | 124.1M | 119.1M | 105.3M | 94.8M | 93.5M |
Currently Active Assets on Macroaxis
When determining whether Stem Inc is a strong investment it is important to analyze Stem's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Stem's future performance. For an informed investment choice regarding Stem Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stem 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 income. Note that the Stem Inc information on this page should be used as a complementary analysis to other Stem's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Stem Stock analysis
When running Stem's price analysis, check to measure Stem'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 Stem is operating at the current time. Most of Stem's value examination focuses on studying past and present price action to predict the probability of Stem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stem's price. Additionally, you may evaluate how the addition of Stem to your portfolios can decrease your overall portfolio volatility.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
Is Stem'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 Stem. If investors know Stem 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 Stem listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.07) | Revenue Per Share 2.683 | Quarterly Revenue Growth (0.62) | Return On Assets (0.09) | Return On Equity (0.38) |
The market value of Stem Inc is measured differently than its book value, which is the value of Stem that is recorded on the company's balance sheet. Investors also form their own opinion of Stem's value that differs from its market value or its book value, called intrinsic value, which is Stem'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 Stem's market value can be influenced by many factors that don't directly affect Stem'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 Stem's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stem is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stem'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.