Aspen Capital Surpluse vs Net Invested Capital Analysis
ASPN Stock | USD 25.11 1.26 5.28% |
Aspen Aerogels financial indicator trend analysis is way more than just evaluating Aspen Aerogels prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aspen Aerogels is a good investment. Please check the relationship between Aspen Aerogels Capital Surpluse and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Aerogels. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.
Capital Surpluse vs Net Invested Capital
Capital Surpluse vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aspen Aerogels Capital Surpluse account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aspen Aerogels' Capital Surpluse and Net Invested Capital is 0.59. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Aspen Aerogels, assuming nothing else is changed. The correlation between historical values of Aspen Aerogels' Capital Surpluse and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Aspen Aerogels are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Surpluse i.e., Aspen Aerogels' Capital Surpluse and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Surpluse
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Aspen Aerogels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aspen Aerogels 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 Aspen Aerogels. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.At this time, Aspen Aerogels' Selling General Administrative is very stable compared to the past year. As of the 4th of May 2024, Enterprise Value is likely to grow to about 1.1 B, while Issuance Of Capital Stock is likely to drop about 214.1 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 229K | 5.3M | 6.5M | Depreciation And Amortization | 9.4M | 18.2M | 10.2M |
Aspen Aerogels fundamental ratios Correlations
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Aspen Aerogels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aspen Aerogels fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 103.5M | 97.4M | 183.0M | 646.6M | 703.0M | 738.2M | |
Short Long Term Debt Total | 8.5M | 8.3M | 15.2M | 126.7M | 138.8M | 145.7M | |
Other Current Liab | 8.1M | 3.9M | 10.8M | 16.0M | 22.8M | 24.0M | |
Total Current Liabilities | 30.4M | 13.9M | 36.6M | 79.3M | 78.1M | 82.0M | |
Total Stockholder Equity | 59.0M | 67.9M | 128.4M | 447.4M | 488.1M | 512.5M | |
Property Plant And Equipment Net | 57.6M | 50.2M | 69.3M | 274.4M | 434.4M | 456.2M | |
Current Deferred Revenue | 5.6M | 2.0M | 6.0M | 5.8M | 2.3M | 2.4M | |
Net Debt | 4.8M | (8.2M) | (61.3M) | (154.7M) | (1.2M) | (1.3M) | |
Retained Earnings | (486.2M) | (508.0M) | (545.1M) | (627.8M) | (673.6M) | (707.3M) | |
Accounts Payable | 12.6M | 5.4M | 17.4M | 54.7M | 51.1M | 53.6M | |
Cash | 3.6M | 16.5M | 76.6M | 281.3M | 140.0M | 147.0M | |
Non Current Assets Total | 57.7M | 50.3M | 70.8M | 276.9M | 436.7M | 458.6M | |
Cash And Short Term Investments | 3.6M | 16.5M | 76.6M | 281.3M | 140.0M | 147.0M | |
Net Receivables | 32.3M | 15.7M | 20.4M | 57.4M | 70.0M | 73.5M | |
Common Stock Shares Outstanding | 24.1M | 26.4M | 30.4M | 39.4M | 69.4M | 72.9M | |
Liabilities And Stockholders Equity | 103.5M | 97.4M | 183.0M | 203.2M | 703.0M | 738.2M | |
Non Current Liabilities Total | 14.1M | 15.6M | 18.0M | 123.9M | 136.9M | 143.7M | |
Inventory | 8.8M | 13.1M | 12.0M | 22.5M | 39.2M | 41.1M | |
Other Current Assets | 1.1M | 1.8M | 3.2M | 7.2M | 17.2M | 18.0M | |
Other Stockholder Equity | 545.1M | 575.8M | 673.5M | 1.1B | 1.2B | 605.4M | |
Total Liab | 44.5M | 29.6M | 54.5M | 203.2M | 215.0M | 225.7M | |
Property Plant And Equipment Gross | 57.6M | 50.2M | 69.3M | 274.4M | 575.7M | 604.5M | |
Total Current Assets | 45.8M | 47.1M | 112.2M | 369.7M | 266.3M | 279.6M | |
Short Term Debt | 4.2M | 2.7M | 2.2M | 2.8M | 1.9M | 2.4M | |
Common Stock | 70.3M | 59.0M | 67.9M | 128.4M | 147.7M | 155.1M | |
Other Assets | 84K | 3.6M | 1.5M | 2.5M | 2.9M | 3.0M | |
Property Plant Equipment | 57.6M | 46.7M | 69.3M | 259.2M | 298.1M | 313.0M | |
Other Liab | 5.7M | 9.8M | 10.0M | 5M | 5.8M | 4.3M | |
Net Tangible Assets | 59.0M | 67.9M | 128.4M | 447.4M | 514.6M | 540.3M | |
Retained Earnings Total Equity | (486.2M) | (508.0M) | (545.1M) | (627.8M) | (565.0M) | (593.3M) | |
Capital Surpluse | 545.1M | 575.8M | 673.5M | 1.1B | 1.2B | 676.3M | |
Short Long Term Debt | 3.8M | 4.2M | 3.1M | 1.6M | 1.9M | 2.0M | |
Non Current Liabilities Other | 14.1M | 13.6M | 18.0M | 13.5M | 15.5M | 10.4M | |
Net Invested Capital | 62.1M | 71.5M | 128.4M | 107.7M | 603.0M | 633.2M |
Aspen Aerogels Implied Volatility | 88.57 |
Aspen Aerogels' implied volatility exposes the market's sentiment of Aspen Aerogels stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aspen Aerogels' 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 Aspen Aerogels stock will not fluctuate a lot when Aspen Aerogels' 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 Aspen Aerogels 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, Aspen Aerogels' short interest history, or implied volatility extrapolated from Aspen Aerogels options trading.
Pair Trading with Aspen Aerogels
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 Aspen Aerogels 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 Aspen Aerogels will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Aspen Aerogels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspen Aerogels 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 Aspen Aerogels - 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 Aspen Aerogels to buy it.
The correlation of Aspen Aerogels 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 Aspen Aerogels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Aerogels 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 Aspen Aerogels 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 Aspen Aerogels. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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When running Aspen Aerogels' price analysis, check to measure Aspen Aerogels' 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 Aspen Aerogels is operating at the current time. Most of Aspen Aerogels' value examination focuses on studying past and present price action to predict the probability of Aspen Aerogels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspen Aerogels' price. Additionally, you may evaluate how the addition of Aspen Aerogels to your portfolios can decrease your overall portfolio volatility.
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Is Aspen Aerogels' 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 Aspen Aerogels. If investors know Aspen 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 Aspen Aerogels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 4.046 | Quarterly Revenue Growth 1.073 | Return On Assets (0.02) | Return On Equity (0.07) |
The market value of Aspen Aerogels is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Aerogels' value that differs from its market value or its book value, called intrinsic value, which is Aspen Aerogels' 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 Aspen Aerogels' market value can be influenced by many factors that don't directly affect Aspen Aerogels' 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 Aspen Aerogels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Aerogels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Aerogels' 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.