Aeva Cash And Short Term Investments vs Non Current Assets Total Analysis
| AEVA Stock | USD 3.40 0.20 5.56% |
Aeva Technologies financial indicator trend analysis is way more than just evaluating Aeva Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeva Technologies is a good investment. Please check the relationship between Aeva Technologies Cash And Short Term Investments and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeva Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Aeva Stock refer to our How to Trade Aeva Stock guide.
Cash And Short Term Investments vs Non Current Assets Total
Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeva Technologies Cash And Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aeva Technologies' Cash And Short Term Investments and Non Current Assets Total is 0.88. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Aeva Technologies, assuming nothing else is changed. The correlation between historical values of Aeva Technologies' Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Aeva Technologies are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., Aeva Technologies' Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Aeva Technologies balance sheet. This account contains Aeva Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Aeva Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Aeva Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeva Technologies 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 Aeva Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Aeva Stock refer to our How to Trade Aeva Stock guide.At present, Aeva Technologies' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 7.73, whereas Selling General Administrative is forecasted to decline to about 22.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 372K | 3.7M | 8.2M | 8.6M | Net Interest Income | 372K | 3.7M | 8.2M | 8.6M |
Aeva Technologies fundamental ratios Correlations
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Aeva Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aeva Technologies fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 1K | 44K | 733K | 14.0M | 11.2M | 11.8M | |
| Total Current Liabilities | 81.8K | 5.7M | 14.3M | 21.8M | 18.4M | 11.2M | |
| Other Liab | 39K | 45K | 1.1M | 90K | 103.5K | 98.3K | |
| Net Tangible Assets | (30.6M) | (52.3M) | 452.0M | 326.4M | 375.4M | 394.1M | |
| Retained Earnings | (1K) | (61.1M) | (163.0M) | (310.3M) | (459.6M) | (436.6M) | |
| Accounts Payable | 713K | 2.1M | 4.4M | 5.2M | 3.6M | 3.0M | |
| Other Assets | 59K | 64K | 859K | 862K | 1.0 | 0.95 | |
| Inventory | 354K | 1.2M | 2.1M | 3.0M | 2.4M | 1.8M | |
| Other Current Assets | 1.3M | 4.3M | 9.1M | 5.5M | 5.1M | 4.7M | |
| Total Current Assets | 25.0 | 31.0M | 458.5M | 335.1M | 229.2M | 198.6M | |
| Property Plant Equipment | 1.6M | 1.6M | 15.4M | 9.7M | 11.2M | 6.6M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeva Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Aeva Stock refer to our How to Trade Aeva Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Aeva 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 Aeva Technologies. If investors know Aeva 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 Aeva Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.17) | Revenue Per Share 0.111 | Quarterly Revenue Growth 0.835 | Return On Assets (0.34) | Return On Equity (0.60) |
The market value of Aeva Technologies is measured differently than its book value, which is the value of Aeva that is recorded on the company's balance sheet. Investors also form their own opinion of Aeva Technologies' value that differs from its market value or its book value, called intrinsic value, which is Aeva 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 Aeva Technologies' market value can be influenced by many factors that don't directly affect Aeva 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 Aeva Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aeva Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aeva 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.