Everspin Technologies Stock Current Asset
MRAM Stock | USD 7.59 0.02 0.26% |
Everspin Technologies fundamentals help investors to digest information that contributes to Everspin Technologies' financial success or failures. It also enables traders to predict the movement of Everspin Stock. The fundamental analysis module provides a way to measure Everspin Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Everspin Technologies stock.
As of the 17th of April 2024, Non Current Assets Total is likely to drop to about 5.2 M. In addition to that, Other Current Assets is likely to drop to about 640 K. Everspin | Current Asset |
Everspin Technologies Company Current Asset Analysis
Everspin Technologies' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Everspin Technologies Current Asset | 25.31 M |
Most of Everspin Technologies' fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Everspin Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Everspin Current Asset Historical Pattern
Today, most investors in Everspin Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Everspin Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Everspin Technologies current asset as a starting point in their analysis.
Everspin Technologies Current Asset |
Timeline |
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition |
Everspin Total Assets
Total Assets |
|
In accordance with the recently published financial statements, Everspin Technologies has a Current Asset of 25.31 M. This is 99.91% lower than that of the Semiconductors & Semiconductor Equipment sector and 99.63% lower than that of the Information Technology industry. The current asset for all United States stocks is 99.73% higher than that of the company.
Everspin Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Everspin Technologies' direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Everspin Technologies could also be used in its relative valuation, which is a method of valuing Everspin Technologies by comparing valuation metrics of similar companies.Everspin Technologies is currently under evaluation in current asset category among related companies.
Everspin Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Everspin Technologies from analyzing Everspin Technologies' financial statements. These drivers represent accounts that assess Everspin Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Everspin Technologies' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 91.1M | 86.4M | 219.2M | 111.9M | 187.6M | 196.9M | |
Enterprise Value | 87.8M | 82.2M | 203.6M | 94.4M | 156.2M | 164.0M |
Everspin Fundamentals
Return On Equity | 0.2 | ||||
Return On Asset | 0.06 | ||||
Profit Margin | 0.14 % | ||||
Operating Margin | 0.1 % | ||||
Current Valuation | 129.31 M | ||||
Shares Outstanding | 21.23 M | ||||
Shares Owned By Insiders | 5.17 % | ||||
Shares Owned By Institutions | 62.37 % | ||||
Number Of Shares Shorted | 105.93 K | ||||
Price To Earning | 12.89 X | ||||
Price To Book | 3.04 X | ||||
Price To Sales | 2.57 X | ||||
Revenue | 63.77 M | ||||
Gross Profit | 33.95 M | ||||
EBITDA | 7.09 M | ||||
Net Income | 9.05 M | ||||
Cash And Equivalents | 23.44 M | ||||
Cash Per Share | 1.15 X | ||||
Total Debt | 5.58 M | ||||
Debt To Equity | 0.28 % | ||||
Current Ratio | 4.03 X | ||||
Book Value Per Share | 2.56 X | ||||
Cash Flow From Operations | 13.13 M | ||||
Short Ratio | 0.74 X | ||||
Earnings Per Share | 0.42 X | ||||
Price To Earnings To Growth | (0.60) X | ||||
Target Price | 11.5 | ||||
Number Of Employees | 82 | ||||
Beta | 0.98 | ||||
Market Capitalization | 161.87 M | ||||
Total Asset | 67.3 M | ||||
Retained Earnings | (137.65 M) | ||||
Working Capital | 49.1 M | ||||
Current Asset | 25.31 M | ||||
Current Liabilities | 10.64 M | ||||
Net Asset | 67.3 M |
About Everspin Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Everspin Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Everspin Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Everspin Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Everspin Technologies Piotroski F Score and Everspin Technologies Altman Z Score analysis. To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.Note that the Everspin Technologies information on this page should be used as a complementary analysis to other Everspin Technologies' 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Everspin Stock analysis
When running Everspin Technologies' price analysis, check to measure Everspin Technologies' 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 Everspin Technologies is operating at the current time. Most of Everspin Technologies' value examination focuses on studying past and present price action to predict the probability of Everspin Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everspin Technologies' price. Additionally, you may evaluate how the addition of Everspin Technologies to your portfolios can decrease your overall portfolio volatility.
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
CEOs Directory Screen CEOs from public companies around the world | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
Is Everspin Technologies' 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 Everspin Technologies. If investors know Everspin 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 Everspin Technologies 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 2.112 | Earnings Share 0.42 | Revenue Per Share 3.073 | Quarterly Revenue Growth 0.065 | Return On Assets 0.06 |
The market value of Everspin Technologies is measured differently than its book value, which is the value of Everspin that is recorded on the company's balance sheet. Investors also form their own opinion of Everspin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Everspin Technologies' 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 Everspin Technologies' market value can be influenced by many factors that don't directly affect Everspin Technologies' 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 Everspin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everspin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everspin Technologies' 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.