Aqua Long Term Debt Total vs Net Tangible Assets Analysis

AQMS Stock

USD 0.40 0.01 2.44%

Aqua Metals financial indicator trend analysis is way more than just evaluating Aqua Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aqua Metals is a good investment. Please check the relationship between Aqua Metals Long Term Debt Total and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aqua Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Aqua Stock please use our How to Invest in Aqua Metals guide.

Long Term Debt Total vs Net Tangible Assets

Long Term Debt Total vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aqua Metals Long Term Debt Total account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Aqua Metals' Long Term Debt Total and Net Tangible Assets is -0.08. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Aqua Metals, assuming nothing else is changed. The correlation between historical values of Aqua Metals' Long Term Debt Total and Net Tangible 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 Long Term Debt Total of Aqua Metals are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt Total i.e., Aqua Metals' Long Term Debt Total and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Debt Total

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Aqua Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aqua Metals 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 Aqua Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Aqua Stock please use our How to Invest in Aqua Metals guide.Enterprise Value is likely to gain to about 85.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.2 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	379K	262K	1.3M	1.1M
Interest Income	379K	262K	999K	813.2K

Depreciation And Amortization Interest Income

Aqua Metals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		0.69	0.65	0.24	0.99	-0.64	0.98	0.92	-0.58	-0.3	0.75	0.81	0.96	0.07	0.9	0.81	0.32	0.29	0.87	0.6	0.82	0.52	0.83	-0.43	0.93	-0.61
Short Long Term Debt Total	0.69		0.36	0.44	0.59	-0.57	0.58	0.69	-0.19	0.28	0.51	0.64	0.62	-0.28	0.85	0.64	-0.26	-0.31	0.84	0.22	0.37	-0.11	0.92	0.1	0.68	-0.24
Other Current Liab	0.65	0.36		0.77	0.62	-0.58	0.63	0.56	-0.22	-0.7	0.5	0.31	0.62	0.07	0.41	0.31	0.69	0.68	0.3	0.5	0.5	0.78	0.65	-0.82	0.59	-0.09
Total Current Liabilities	0.24	0.44	0.77		0.15	-0.46	0.16	0.24	0.3	-0.33	0.28	-0.08	0.21	-0.25	0.15	-0.08	0.3	0.3	0.06	0.21	0.1	0.33	0.58	-0.49	0.26	0.28
Total Stockholder Equity	0.99	0.59	0.62	0.15		-0.6	0.99	0.92	-0.64	-0.35	0.72	0.81	0.97	0.11	0.86	0.81	0.36	0.33	0.83	0.62	0.85	0.56	0.75	-0.45	0.92	-0.66
Other Liab	-0.64	-0.57	-0.58	-0.46	-0.6		-0.64	-0.58	0.35	0.31	-0.74	-0.45	-0.6	0.07	-0.62	-0.45	-0.33	-0.21	-0.61	-0.31	-0.39	-0.35	-0.71	0.45	-0.59	0.46
Net Tangible Assets	0.98	0.58	0.63	0.16	0.99	-0.64		0.91	-0.68	-0.39	0.71	0.79	0.96	0.09	0.85	0.79	0.42	0.34	0.82	0.62	0.82	0.57	0.74	-0.48	0.91	-0.68
Property Plant And Equipment Net	0.92	0.69	0.56	0.24	0.92	-0.58	0.91		-0.47	-0.18	0.61	0.71	0.97	-0.14	0.78	0.71	0.18	0.15	0.8	0.69	0.84	0.38	0.77	-0.35	1.0	-0.59
Net Debt	-0.58	-0.19	-0.22	0.3	-0.64	0.35	-0.68	-0.47		0.33	-0.25	-0.83	-0.54	-0.08	-0.55	-0.83	-0.38	-0.28	-0.52	-0.24	-0.28	-0.39	-0.22	0.24	-0.48	0.65
Retained Earnings	-0.3	0.28	-0.7	-0.33	-0.35	0.31	-0.39	-0.18	0.33		-0.36	-0.05	-0.28	-0.12	0.02	-0.05	-1.0	-0.96	0.11	-0.54	-0.32	-0.95	-0.06	0.94	-0.22	0.29
Accounts Payable	0.75	0.51	0.5	0.28	0.72	-0.74	0.71	0.61	-0.25	-0.36		0.44	0.64	0.02	0.68	0.44	0.36	0.35	0.7	0.59	0.67	0.5	0.71	-0.46	0.62	-0.67
Cash	0.81	0.64	0.31	-0.08	0.81	-0.45	0.79	0.71	-0.83	-0.05	0.44		0.74	-0.01	0.84	1.0	0.08	0.06	0.83	0.27	0.44	0.24	0.63	-0.07	0.71	-0.58
Non Current Assets Total	0.96	0.62	0.62	0.21	0.97	-0.6	0.96	0.97	-0.54	-0.28	0.64	0.74		0.08	0.81	0.74	0.29	0.26	0.8	0.67	0.86	0.49	0.76	-0.44	0.98	-0.56
Other Assets	0.07	-0.28	0.07	-0.25	0.11	0.07	0.09	-0.14	-0.08	-0.12	0.02	-0.01	0.08		0.05	-0.01	0.14	0.16	0.0	-0.2	0.09	0.18	-0.11	-0.15	-0.13	0.24
Long Term Debt	0.9	0.85	0.41	0.15	0.86	-0.62	0.85	0.78	-0.55	0.02	0.68	0.84	0.81	0.05		0.84	0.01	-0.06	0.98	0.33	0.6	0.17	0.87	-0.07	0.78	-0.54
Cash And Short Term Investments	0.81	0.64	0.31	-0.08	0.81	-0.45	0.79	0.71	-0.83	-0.05	0.44	1.0	0.74	-0.01	0.84		0.08	0.06	0.83	0.27	0.44	0.24	0.63	-0.07	0.71	-0.58
Common Stock Total Equity	0.32	-0.26	0.69	0.3	0.36	-0.33	0.42	0.18	-0.38	-1.0	0.36	0.08	0.29	0.14	0.01	0.08		0.94	-0.08	0.52	0.31	0.93	0.06	-0.93	0.21	-0.32
Common Stock Shares Outstanding	0.29	-0.31	0.68	0.3	0.33	-0.21	0.34	0.15	-0.28	-0.96	0.35	0.06	0.26	0.16	-0.06	0.06	0.94		-0.14	0.52	0.33	0.96	0.04	-0.91	0.19	-0.24
Non Current Liabilities Total	0.87	0.84	0.3	0.06	0.83	-0.61	0.82	0.8	-0.52	0.11	0.7	0.83	0.8	0.0	0.98	0.83	-0.08	-0.14		0.38	0.61	0.09	0.84	0.0	0.79	-0.6
Inventory	0.6	0.22	0.5	0.21	0.62	-0.31	0.62	0.69	-0.24	-0.54	0.59	0.27	0.67	-0.2	0.33	0.27	0.52	0.52	0.38		0.7	0.64	0.41	-0.64	0.7	-0.61
Other Current Assets	0.82	0.37	0.5	0.1	0.85	-0.39	0.82	0.84	-0.28	-0.32	0.67	0.44	0.86	0.09	0.6	0.44	0.31	0.33	0.61	0.7		0.53	0.56	-0.43	0.85	-0.58
Other Stockholder Equity	0.52	-0.11	0.78	0.33	0.56	-0.35	0.57	0.38	-0.39	-0.95	0.5	0.24	0.49	0.18	0.17	0.24	0.93	0.96	0.09	0.64	0.53		0.24	-0.94	0.42	-0.37
Total Liab	0.83	0.92	0.65	0.58	0.75	-0.71	0.74	0.77	-0.22	-0.06	0.71	0.63	0.76	-0.11	0.87	0.63	0.06	0.04	0.84	0.41	0.56	0.24		-0.24	0.78	-0.31
Deferred Long Term Liab	-0.43	0.1	-0.82	-0.49	-0.45	0.45	-0.48	-0.35	0.24	0.94	-0.46	-0.07	-0.44	-0.15	-0.07	-0.07	-0.93	-0.91	0.0	-0.64	-0.43	-0.94	-0.24		-0.38	0.24
Property Plant And Equipment Gross	0.93	0.68	0.59	0.26	0.92	-0.59	0.91	1.0	-0.48	-0.22	0.62	0.71	0.98	-0.13	0.78	0.71	0.21	0.19	0.79	0.7	0.85	0.42	0.78	-0.38		-0.59
Short Long Term Debt	-0.61	-0.24	-0.09	0.28	-0.66	0.46	-0.68	-0.59	0.65	0.29	-0.67	-0.58	-0.56	0.24	-0.54	-0.58	-0.32	-0.24	-0.6	-0.61	-0.58	-0.37	-0.31	0.24	-0.59

Click cells to compare fundamentals

Aqua Metals Account Relationship Matchups

Aqua Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	69.5M	35.1M	33.3M	33.5M	33.6M	38.0M
Short Long Term Debt Total	10.1M	1.2M	718K	6.5M	3.2M	5.6M
Other Current Liab	4.1M	1.3M	3.0M	5.0M	2.5M	2.8M
Total Current Liabilities	9.8M	3.5M	4.1M	12.3M	4.6M	6.9M
Total Stockholder Equity	49.6M	31.1M	27.5M	20.9M	26.1M	28.3M
Other Liab	1.5M	772K	790K	1.3M	1.2M	889.3K
Net Tangible Assets	48.6M	30.3M	26.9M	20.5M	23.5M	39.0M
Property Plant And Equipment Net	37.6M	25.6M	2.4M	7.3M	10.6M	18.0M
Net Debt	2.5M	(5.3M)	(7.4M)	(601K)	(13.3M)	(14.0M)
Retained Earnings	(139.9M)	(165.7M)	(183.8M)	(199.3M)	(223.2M)	(212.1M)
Accounts Payable	4.8M	1.6M	685K	1.1M	1.8M	1.5M
Cash	7.6M	6.5M	8.1M	7.1M	16.5M	11.2M
Non Current Assets Total	42.0M	26.8M	20.8M	10.3M	15.3M	21.9M
Other Assets	2.8M	1.9M	16.3M	26K	29.9K	28.4K
Long Term Debt	8.6M	8.4M	303K	2.9M	2.6M	5.1M
Cash And Short Term Investments	7.6M	6.5M	8.1M	7.1M	16.5M	11.2M
Common Stock Total Equity	39K	58K	64K	79K	90.9K	95.4K
Common Stock Shares Outstanding	52.3M	60.9M	70.0M	75.8M	93.9M	47.8M
Liabilities And Stockholders Equity	69.5M	35.1M	33.3M	33.5M	33.6M	38.0M
Non Current Liabilities Total	10.1M	545K	1.7M	275K	2.9M	4.7M
Inventory	1.3M	1.1M	123K	278K	929K	638K
Other Current Assets	981K	702K	356K	263K	181K	172.0K
Other Stockholder Equity	189.4M	196.7M	211.3M	220.1M	249.2M	160.7M
Total Liab	19.9M	4.0M	5.7M	12.6M	7.5M	9.7M
Property Plant And Equipment Gross	38.8M	25.6M	4.0M	9.3M	12.2M	18.5M
Short Long Term Debt	4.4M	296K	29K	5.9M	35K	33.3K
Total Current Assets	27.5M	8.4M	12.4M	23.2M	18.3M	16.2M
Short Term Debt	848K	649K	388K	6.2M	310K	294.5K
Intangible Assets	999K	819K	640K	461K	281K	267.0K
Common Stock	58K	64K	70K	79K	108K	102.6K
Property Plant Equipment	38.2M	24.9M	2.4M	7.3M	6.6M	6.3M
Non Currrent Assets Other	3.3M	362K	796K	489K	4.5M	4.7M
Retained Earnings Total Equity	(95.1M)	(139.9M)	(165.7M)	(199.3M)	(179.3M)	(170.4M)
Capital Surpluse	145.1M	189.4M	196.7M	220.1M	253.1M	157.0M
Net Receivables	17.7M	32K	1.2M	15.5M	667K	633.7K
Net Invested Capital	58.3M	31.5M	27.5M	26.8M	29.0M	34.9M

Pair Trading with Aqua Metals

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 Aqua Metals 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 Aqua Metals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aqua Stock

0.68

LegalZoom

Pair Corr

Moving against Aqua Stock

0.69	VLTO	Veralto	Pair Corr
0.61	ESGL	ESGL Holdings Limited	Pair Corr
0.6	EXPO	Exponent	Pair Corr
0.59	VRSK	Verisk Analytics	Pair Corr
0.49	BRC	Brady Fiscal Year End 3rd of September 2024	Pair Corr

The ability to find closely correlated positions to Aqua Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aqua Metals 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 Aqua Metals - 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 Aqua Metals to buy it.

The correlation of Aqua Metals 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 Aqua Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aqua Metals 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 Aqua Metals 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.

Pair Correlation Correlation Matching

When determining whether Aqua Metals is a strong investment it is important to analyze Aqua Metals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aqua Metals' future performance. For an informed investment choice regarding Aqua Stock, refer to the following important reports:

How To Invest In Aqua

Details

Is Aqua Stock a good investment?

Details

What is Aqua Metals' Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aqua Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Aqua Stock please use our How to Invest in Aqua Metals guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Aqua Metals' price analysis, check to measure Aqua Metals' 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 Aqua Metals is operating at the current time. Most of Aqua Metals' value examination focuses on studying past and present price action to predict the probability of Aqua Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aqua Metals' price. Additionally, you may evaluate how the addition of Aqua Metals to your portfolios can decrease your overall portfolio volatility.

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Is Aqua Metals' 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 Aqua Metals. If investors know Aqua 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 Aqua Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.24)

Quarterly Revenue Growth

(1.00)

Return On Assets

(0.37)

Return On Equity

(1.02)

The market value of Aqua Metals is measured differently than its book value, which is the value of Aqua that is recorded on the company's balance sheet. Investors also form their own opinion of Aqua Metals' value that differs from its market value or its book value, called intrinsic value, which is Aqua Metals' 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 Aqua Metals' market value can be influenced by many factors that don't directly affect Aqua Metals' 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 Aqua Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aqua Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aqua Metals' 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.

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Aqua Long Term Debt Total vs Net Tangible Assets Analysis

Long Term Debt Total vs Net Tangible Assets

Long Term Debt Total vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Long Term Debt Total

Net Tangible Assets

Aqua Metals fundamental ratios Correlations

Aqua Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aqua Metals fundamental ratios Accounts

Pair Trading with Aqua Metals

Moving together with Aqua Stock

Moving against Aqua Stock

Complementary Tools for Aqua Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.98	Total Assets
Property Plant And Equipment Gross	+ 0.98	Non Current Assets Total

Common Stock Total Equity	- 1.0	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.95	Retained Earnings
Deferred Long Term Liab	- 0.94	Other Stockholder Equity
Deferred Long Term Liab	- 0.93	Common Stock Total Equity
Deferred Long Term Liab	- 0.91	Common Stock Shares Outstanding