Everspin Other Stockholder Equity vs Non Current Assets Total Analysis
MRAM Stock | USD 6.23 0.02 0.32% |
Everspin Technologies financial indicator trend analysis is much more than just examining Everspin Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everspin Technologies is a good investment. Please check the relationship between Everspin Technologies Other Stockholder Equity and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Everspin 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 nation. To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.
Other Stockholder Equity vs Non Current Assets Total
Other Stockholder Equity vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everspin Technologies Other Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Everspin Technologies' Other Stockholder Equity and Non Current Assets Total is 0.79. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Everspin Technologies, assuming nothing else is changed. The correlation between historical values of Everspin Technologies' Other Stockholder Equity 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 Other Stockholder Equity of Everspin 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 Other Stockholder Equity i.e., Everspin Technologies' Other Stockholder Equity and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Stockholder Equity
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 Everspin Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everspin 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Everspin 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 nation. To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.At this time, Everspin Technologies' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 8th of May 2024, Enterprise Value Over EBITDA is likely to grow to 23.13, while Selling General Administrative is likely to drop about 11.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 547K | 274K | 63K | 59.9K | Depreciation And Amortization | 1.3M | 1.2M | 1.2M | 1.6M |
Everspin Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Everspin Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Everspin Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 35.4M | 32.5M | 39.4M | 55.3M | 67.3M | 41.5M | |
Short Long Term Debt Total | 11.2M | 10.4M | 5.8M | 9.3M | 5.6M | 9.4M | |
Other Current Liab | 42K | 31K | 3.6M | 3.6M | 4.3M | 2.4M | |
Total Current Liabilities | 7.9M | 10.5M | 10.4M | 10.9M | 8.8M | 11.2M | |
Total Stockholder Equity | 18.5M | 17.4M | 27.2M | 38.7M | 53.9M | 56.6M | |
Net Tangible Assets | 18.5M | 17.4M | 27.2M | 38.7M | 44.5M | 46.7M | |
Property Plant And Equipment Net | 6.6M | 4.3M | 1.9M | 10.5M | 9.2M | 5.0M | |
Current Deferred Revenue | 2.7M | 2.5M | 832K | 821K | 336K | 319.2K | |
Net Debt | (3.2M) | (4.2M) | (15.7M) | (17.5M) | (31.4M) | (29.8M) | |
Retained Earnings | (148.7M) | (157.2M) | (152.8M) | (146.7M) | (137.7M) | (144.5M) | |
Accounts Payable | 2.9M | 2.2M | 1.8M | 2.8M | 2.9M | 2.4M | |
Cash | 14.5M | 14.6M | 21.4M | 26.8M | 36.9M | 21.1M | |
Non Current Assets Total | 6.7M | 4.3M | 2.6M | 10.6M | 9.4M | 5.2M | |
Long Term Debt | 6.5M | 7.1M | 3.7M | 1.5M | 1.4M | 1.3M | |
Cash And Short Term Investments | 14.5M | 14.6M | 21.4M | 26.8M | 36.9M | 21.1M | |
Net Receivables | 5.8M | 7.6M | 8.2M | 10.7M | 11.6M | 7.1M | |
Common Stock Shares Outstanding | 17.3M | 18.8M | 20.0M | 20.8M | 21.4M | 15.6M | |
Liabilities And Stockholders Equity | 35.4M | 32.5M | 39.4M | 55.3M | 67.3M | 41.5M | |
Non Current Liabilities Total | 9.0M | 4.7M | 1.8M | 5.8M | 4.6M | 5.7M | |
Inventory | 7.9M | 5.7M | 6.4M | 6.7M | 8.4M | 7.4M | |
Other Current Assets | 539K | 270K | 826K | 604K | 988K | 640.0K | |
Other Stockholder Equity | 167.1M | 174.6M | 180.1M | 185.4M | 191.6M | 142.5M | |
Total Liab | 16.9M | 15.1M | 12.2M | 16.7M | 13.4M | 16.9M | |
Property Plant And Equipment Gross | 6.6M | 4.3M | 1.9M | 10.5M | 21.9M | 23.0M | |
Short Long Term Debt | 670K | 4.2M | 3.4M | 2.6M | 3.0M | 3.5M | |
Total Current Assets | 28.7M | 28.2M | 36.8M | 44.7M | 57.9M | 36.3M | |
Short Term Debt | 2.3M | 5.8M | 4.2M | 3.7M | 1.2M | 1.1M | |
Property Plant Equipment | 6.6M | 1.9M | 1.9M | 3.9M | 4.5M | 3.3M | |
Long Term Debt Total | 6.5M | 7.1M | 3.7M | 1.5M | 1.4M | 1.3M | |
Capital Surpluse | 167.1M | 174.6M | 180.1M | 185.4M | 213.2M | 155.0M | |
Net Invested Capital | 26.3M | 25.4M | 32.1M | 41.3M | 53.9M | 37.6M | |
Net Working Capital | 20.8M | 18.0M | 26.4M | 33.9M | 49.1M | 29.9M |
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 Everspin Technologies 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, Everspin Technologies' short interest history, or implied volatility extrapolated from Everspin Technologies options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Everspin 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 nation. To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.Note that the Everspin Technologies information on this page should be used as a complementary analysis to other Everspin Technologies' 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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When running Everspin Technologies' price analysis, check to measure Everspin Technologies' 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 Everspin Technologies is operating at the current time. Most of Everspin Technologies' value examination focuses on studying past and present price action to predict the probability of Everspin Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everspin Technologies' price. Additionally, you may evaluate how the addition of Everspin Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Everspin 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 Everspin Technologies. If investors know Everspin 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 Everspin Technologies 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 2.112 | Earnings Share 0.37 | Revenue Per Share 3.024 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0484 |
The market value of Everspin Technologies is measured differently than its book value, which is the value of Everspin that is recorded on the company's balance sheet. Investors also form their own opinion of Everspin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Everspin 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 Everspin Technologies' market value can be influenced by many factors that don't directly affect Everspin 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 Everspin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everspin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everspin 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.