Everspin Technologies Stock Working Capital
| MRAM Stock | USD 7.28 0.01 0.14% |
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.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 49.1 M | 29.9 M | |
| Change In Working Capital | -2.3 M | -2.2 M | |
| Working Capital | 0.00 | 0.00 |
Everspin | Working Capital |
Everspin Technologies Company Working Capital Analysis
Everspin Technologies' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Everspin Technologies Working Capital | 49.1 M |
Most of Everspin Technologies' fundamental indicators, such as Working Capital, 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 Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Everspin Technologies is extremely important. It helps to project a fair market value of Everspin Stock properly, considering its historical fundamentals such as Working Capital. Since Everspin Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Everspin Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Everspin Technologies' interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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Everspin Capital Surpluse
Capital Surpluse |
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Based on the company's disclosures, Everspin Technologies has a Working Capital of 49.1 M. This is 99.5% lower than that of the Semiconductors & Semiconductor Equipment sector and 98.4% lower than that of the Information Technology industry. The working capital for all United States stocks is 96.68% higher than that of the company.
Everspin Working Capital 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 Working Capital 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 working capital 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 | 122.94 M | ||||
| Shares Outstanding | 21.38 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 | 155.45 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.
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 Everspin Technologies 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, Everspin Technologies' short interest history, or implied volatility extrapolated from Everspin Technologies options trading.
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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.
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| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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.