Aehr Enterprise Value vs Total Assets Analysis
AEHR Stock | USD 10.82 0.33 2.96% |
Aehr Test financial indicator trend analysis is way more than just evaluating Aehr Test Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aehr Test Systems is a good investment. Please check the relationship between Aehr Test Enterprise Value and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aehr Test Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Enterprise Value vs Total Assets
Enterprise Value vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aehr Test Systems Enterprise Value account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Aehr Test's Enterprise Value and Total Assets is 0.96. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Total Assets in the same time period over historical financial statements of Aehr Test Systems, assuming nothing else is changed. The correlation between historical values of Aehr Test's Enterprise Value and Total 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 Enterprise Value of Aehr Test Systems are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Enterprise Value i.e., Aehr Test's Enterprise Value and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Enterprise Value
Enterprise Value (or EV) is usually referred to as Aehr Test theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Aehr Test Systems debt, but would also pocket its cash. Enterprise Value is more accurate representation of Aehr Test value than its market capitalization because it takes into account all of Aehr Test Systems existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Total Assets
Total assets refers to the total amount of Aehr Test 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 Aehr Test Systems 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.Most indicators from Aehr Test's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aehr Test Systems 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 Aehr Test Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At this time, Aehr Test's Tax Provision is relatively stable compared to the past year. As of 04/18/2024, Enterprise Value Over EBITDA is likely to grow to 63.14, while Selling General Administrative is likely to drop slightly above 8.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.7M | 32.7M | 37.7M | 39.5M | Total Revenue | 50.8M | 65.0M | 74.7M | 78.4M |
Aehr Test fundamental ratios Correlations
Click cells to compare fundamentals
Aehr Test Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aehr Test fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.6M | 21.7M | 62.3M | 98.1M | 112.9M | 118.5M | |
Other Current Liab | 1.4M | 2.2M | 3.6M | 4.1M | 3.7M | 1.9M | |
Total Current Liabilities | 3.9M | 9.1M | 11.0M | 16.3M | 18.8M | 19.7M | |
Total Stockholder Equity | 14.1M | 11.4M | 51.0M | 75.6M | 68.0M | 71.4M | |
Property Plant And Equipment Net | 2.8M | 2.3M | 2.1M | 8.9M | 10.2M | 10.7M | |
Net Debt | (1.5M) | 241K | (30.5M) | (23.8M) | (21.4M) | (20.3M) | |
Retained Earnings | (74.3M) | (76.3M) | (66.9M) | (52.3M) | (47.1M) | (49.4M) | |
Accounts Payable | 945K | 2.9M | 4.2M | 9.2M | 10.6M | 11.1M | |
Cash | 5.4M | 4.6M | 31.5M | 30.1M | 34.6M | 36.3M | |
Non Current Assets Total | 2.9M | 2.5M | 2.3M | 9.1M | 8.2M | 8.6M | |
Non Currrent Assets Other | 73K | 118K | 121K | 81K | 72.9K | 69.3K | |
Cash And Short Term Investments | 5.4M | 4.6M | 31.5M | 47.9M | 55.1M | 57.8M | |
Net Receivables | 3.7M | 5.2M | 12.9M | 16.6M | 19.1M | 20.0M | |
Common Stock Shares Outstanding | 22.9M | 23.5M | 27.8M | 29.2M | 33.6M | 35.3M | |
Liabilities And Stockholders Equity | 20.6M | 21.7M | 62.3M | 98.1M | 112.9M | 118.5M | |
Non Current Liabilities Total | 2.7M | 1.2M | 325K | 6.2M | 7.2M | 7.5M | |
Inventory | 8.0M | 8.8M | 15.1M | 23.9M | 27.5M | 28.9M | |
Other Current Assets | 512K | 551K | 613K | 621K | 558.9K | 861.9K | |
Other Stockholder Equity | 85.9M | 87.6M | 117.7M | 127.8M | 146.9M | 154.3M | |
Total Liab | 6.5M | 10.2M | 11.3M | 22.5M | 25.9M | 27.2M | |
Property Plant And Equipment Gross | 2.8M | 2.3M | 2.1M | 8.9M | 10.2M | 10.7M | |
Total Current Assets | 17.7M | 19.2M | 60.0M | 89.0M | 102.4M | 107.5M | |
Accumulated Other Comprehensive Income | 2.2M | (28K) | (105K) | (155K) | (178.3K) | (169.3K) | |
Current Deferred Revenue | 170K | 189K | 2.4M | 2.8M | 3.2M | 3.4M | |
Common Stock Total Equity | 221K | 227K | 231K | 237K | 272.6K | 286.2K | |
Common Stock | 231K | 237K | 271K | 285K | 327.8K | 344.1K | |
Other Liab | 22K | 148K | 113K | 72K | 64.8K | 61.6K | |
Other Assets | 153K | 198K | 201K | 231K | 207.9K | 380.5K | |
Property Plant Equipment | 2.8M | 2.3M | 2.1M | 8.9M | 10.2M | 10.7M | |
Net Tangible Assets | 14.1M | 11.4M | 51.0M | 75.6M | 86.9M | 91.3M | |
Retained Earnings Total Equity | (66.2M) | (71.5M) | (74.3M) | (76.3M) | (68.7M) | (72.1M) | |
Capital Surpluse | 85.9M | 87.6M | 117.7M | 127.8M | 146.9M | 85.6M | |
Deferred Long Term Liab | 522K | 342K | 22K | 99K | 113.9K | 173.1K |
Aehr Test Investors Sentiment
The influence of Aehr Test's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Aehr. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Aehr Test's public news can be used to forecast risks associated with an investment in Aehr. The trend in average sentiment can be used to explain how an investor holding Aehr can time the market purely based on public headlines and social activities around Aehr Test Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Aehr Test's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Aehr Test's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Aehr Test's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Aehr Test.
Aehr Test Implied Volatility | 218.7 |
Aehr Test's implied volatility exposes the market's sentiment of Aehr Test Systems stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aehr Test's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Aehr Test stock will not fluctuate a lot when Aehr Test's options are near their expiration.
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 Aehr Test 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, Aehr Test's short interest history, or implied volatility extrapolated from Aehr Test options trading.
Pair Trading with Aehr Test
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 Aehr Test 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 Aehr Test will appreciate offsetting losses from the drop in the long position's value.Moving together with Aehr Stock
0.72 | INTC | Intel Earnings Call This Week | PairCorr |
Moving against Aehr Stock
0.84 | WDC | Western Digital Earnings Call This Week | PairCorr |
0.65 | MSFT | Microsoft Earnings Call This Week | PairCorr |
0.62 | VLD | Velo3D Inc Financial Report 6th of May 2024 | PairCorr |
0.59 | ASYS | Amtech Systems Financial Report 8th of May 2024 | PairCorr |
0.56 | PSTG | Pure Storage Financial Report 29th of May 2024 | PairCorr |
The ability to find closely correlated positions to Aehr Test could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aehr Test 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 Aehr Test - 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 Aehr Test Systems to buy it.
The correlation of Aehr Test 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 Aehr Test moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aehr Test Systems 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 Aehr Test 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 Aehr Test Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Aehr Test Systems information on this page should be used as a complementary analysis to other Aehr Test'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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Is Aehr Test'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 Aehr Test. If investors know Aehr 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 Aehr Test 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 0.538 | Earnings Share 0.52 | Revenue Per Share 2.506 | Quarterly Revenue Growth (0.56) | Return On Assets 0.0885 |
The market value of Aehr Test Systems is measured differently than its book value, which is the value of Aehr that is recorded on the company's balance sheet. Investors also form their own opinion of Aehr Test's value that differs from its market value or its book value, called intrinsic value, which is Aehr Test'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 Aehr Test's market value can be influenced by many factors that don't directly affect Aehr Test'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 Aehr Test's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aehr Test is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aehr Test'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.