Aehr Free Cash Flow per Share vs Price to Earnings Ratio Analysis
AEHR Stock | USD 11.14 0.30 2.62% |
Trend analysis of Aehr Test Systems balance sheet accounts such as Short Long Term Debt Total of 7.6 M, Other Current Liabilities of 1.9 M or Total Current Liabilities of 19.7 M provides information on Aehr Test's total assets, liabilities, and equity, which is the actual value of Aehr Test Systems to its prevalent stockholders. By breaking down trends over time using Aehr Test balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Aehr |
About Aehr Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Aehr Test Systems at a specified time, usually calculated after every quarter, six months, or one year. Aehr Test Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aehr Test and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Aehr currently owns. An asset can also be divided into two categories, current and non-current.
Aehr Test Balance Sheet Chart
Aehr Test Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Aehr Test Systems uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Aehr Test's Non Current Assets Total are relatively stable compared to the past year. As of 05/11/2024, Cash And Short Term Investments is likely to grow to about 57.8 M, though Net Debt is likely to grow to (20.3 M). Add Fundamental
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.Total Current Liabilities
Total Current Liabilities is an item on Aehr Test balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aehr Test Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 05/11/2024, 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
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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 Implied Volatility | 80.82 |
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
0.83 | CAN | Canaan Inc Financial Report 24th of May 2024 | PairCorr |
0.76 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
0.9 | G | Genpact Limited Buyout Trend | PairCorr |
0.91 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
Moving against Aehr Stock
0.82 | DM | Desktop Metal | 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Aehr Stock analysis
When running Aehr Test's price analysis, check to measure Aehr Test'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 Aehr Test is operating at the current time. Most of Aehr Test's value examination focuses on studying past and present price action to predict the probability of Aehr Test's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aehr Test's price. Additionally, you may evaluate how the addition of Aehr Test to your portfolios can decrease your overall portfolio volatility.
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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.