Everspin Total Current Assets vs Net Debt Analysis

MRAM Stock

USD 7.58 0.10 1.34%

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 Total Current Assets and its Net Debt 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.

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everspin Technologies Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Everspin Technologies' Total Current Assets and Net Debt is -0.8. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt 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' Total Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Everspin Technologies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Everspin Technologies' Total Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.8

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 27th of April 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

Interest Expense Depreciation And Amortization

Everspin Technologies 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	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.47	-0.17	0.52	0.87	0.69	0.91	0.83	-0.45	-0.77	-0.76	0.82	0.95	0.84	0.35	0.06	0.1	0.95	0.91	0.81	0.43	0.72	0.86	0.88	0.51	0.71
Short Long Term Debt Total	0.47		0.07	0.82	0.25	0.83	0.67	0.52	0.22	0.0	-0.75	0.81	0.3	0.49	0.01	0.24	0.82	0.3	0.41	0.58	0.92	0.8	0.53	0.72	0.97	0.28
Other Current Liab	-0.17	0.07		0.28	-0.26	0.18	-0.24	-0.23	-0.18	0.17	0.31	-0.17	-0.13	-0.24	-0.09	-0.45	0.38	-0.13	-0.31	-0.37	0.22	0.03	0.11	-0.27	0.27	-0.13
Total Current Liabilities	0.52	0.82	0.28		0.36	0.71	0.67	0.35	-0.04	-0.21	-0.65	0.64	0.44	0.34	0.23	0.19	0.57	0.44	0.46	0.52	0.63	0.75	0.61	0.67	0.85	0.25
Total Stockholder Equity	0.87	0.25	-0.26	0.36		0.49	0.82	0.69	-0.66	-0.94	-0.64	0.63	0.86	0.7	0.34	-0.01	-0.21	0.86	0.8	0.67	0.22	0.54	0.71	0.71	0.3	0.88
Other Liab	0.69	0.83	0.18	0.71	0.49		0.79	0.62	-0.15	-0.31	-0.82	0.81	0.58	0.61	0.29	0.25	0.68	0.58	0.62	0.69	0.86	0.78	0.79	0.83	0.88	0.52
Net Tangible Assets	0.91	0.67	-0.24	0.67	0.82	0.79		0.73	-0.33	-0.67	-0.9	0.87	0.84	0.73	0.42	0.23	0.26	0.84	0.82	0.84	0.56	0.8	0.87	0.96	0.67	0.66
Property Plant And Equipment Net	0.83	0.52	-0.23	0.35	0.69	0.62	0.73		-0.35	-0.48	-0.72	0.86	0.67	1.0	0.06	0.04	0.18	0.67	0.85	0.8	0.59	0.66	0.54	0.76	0.55	0.72
Current Deferred Revenue	-0.45	0.22	-0.18	-0.04	-0.66	-0.15	-0.33	-0.35		0.71	0.2	-0.15	-0.46	-0.38	-0.45	0.21	0.45	-0.46	-0.46	-0.3	0.1	-0.11	-0.37	-0.21	0.05	-0.67
Net Debt	-0.77	0.0	0.17	-0.21	-0.94	-0.31	-0.67	-0.48	0.71		0.4	-0.37	-0.86	-0.49	-0.34	0.12	0.38	-0.86	-0.64	-0.44	0.03	-0.32	-0.68	-0.51	-0.07	-0.77
Retained Earnings	-0.76	-0.75	0.31	-0.65	-0.64	-0.82	-0.9	-0.72	0.2	0.4		-0.88	-0.61	-0.73	-0.5	-0.45	-0.38	-0.61	-0.83	-0.94	-0.66	-0.77	-0.69	-0.96	-0.72	-0.56
Accounts Payable	0.82	0.81	-0.17	0.64	0.63	0.81	0.87	0.86	-0.15	-0.37	-0.88		0.64	0.86	0.2	0.16	0.51	0.64	0.79	0.87	0.79	0.93	0.69	0.91	0.81	0.64
Cash	0.95	0.3	-0.13	0.44	0.86	0.58	0.84	0.67	-0.46	-0.86	-0.61	0.64		0.68	0.35	0.0	-0.03	1.0	0.79	0.64	0.25	0.58	0.88	0.77	0.35	0.63
Non Current Assets Total	0.84	0.49	-0.24	0.34	0.7	0.61	0.73	1.0	-0.38	-0.49	-0.73	0.86	0.68		0.1	0.04	0.15	0.68	0.87	0.82	0.56	0.65	0.55	0.76	0.53	0.73
Non Currrent Assets Other	0.35	0.01	-0.09	0.23	0.34	0.29	0.42	0.06	-0.45	-0.34	-0.5	0.2	0.35	0.1		0.23	-0.09	0.35	0.46	0.52	-0.04	0.26	0.49	0.47	0.07	0.14
Other Assets	0.06	0.24	-0.45	0.19	-0.01	0.25	0.23	0.04	0.21	0.12	-0.45	0.16	0.0	0.04	0.23		0.06	0.0	0.28	0.39	0.04	0.02	-0.02	0.36	0.11	-0.07
Long Term Debt	0.1	0.82	0.38	0.57	-0.21	0.68	0.26	0.18	0.45	0.38	-0.38	0.51	-0.03	0.15	-0.09	0.06		-0.03	0.0	0.21	0.87	0.6	0.33	0.36	0.83	-0.08
Cash And Short Term Investments	0.95	0.3	-0.13	0.44	0.86	0.58	0.84	0.67	-0.46	-0.86	-0.61	0.64	1.0	0.68	0.35	0.0	-0.03		0.79	0.64	0.25	0.58	0.88	0.77	0.35	0.63
Net Receivables	0.91	0.41	-0.31	0.46	0.8	0.62	0.82	0.85	-0.46	-0.64	-0.83	0.79	0.79	0.87	0.46	0.28	0.0	0.79		0.94	0.37	0.63	0.65	0.87	0.44	0.69
Common Stock Shares Outstanding	0.81	0.58	-0.37	0.52	0.67	0.69	0.84	0.8	-0.3	-0.44	-0.94	0.87	0.64	0.82	0.52	0.39	0.21	0.64	0.94		0.52	0.74	0.61	0.92	0.57	0.6
Non Current Liabilities Total	0.43	0.92	0.22	0.63	0.22	0.86	0.56	0.59	0.1	0.03	-0.66	0.79	0.25	0.56	-0.04	0.04	0.87	0.25	0.37	0.52		0.76	0.51	0.62	0.94	0.37
Inventory	0.72	0.8	0.03	0.75	0.54	0.78	0.8	0.66	-0.11	-0.32	-0.77	0.93	0.58	0.65	0.26	0.02	0.6	0.58	0.63	0.74	0.76		0.72	0.82	0.83	0.53
Other Current Assets	0.86	0.53	0.11	0.61	0.71	0.79	0.87	0.54	-0.37	-0.68	-0.69	0.69	0.88	0.55	0.49	-0.02	0.33	0.88	0.65	0.61	0.51	0.72		0.82	0.6	0.51
Other Stockholder Equity	0.88	0.72	-0.27	0.67	0.71	0.83	0.96	0.76	-0.21	-0.51	-0.96	0.91	0.77	0.76	0.47	0.36	0.36	0.77	0.87	0.92	0.62	0.82	0.82		0.7	0.56
Total Liab	0.51	0.97	0.27	0.85	0.3	0.88	0.67	0.55	0.05	-0.07	-0.72	0.81	0.35	0.53	0.07	0.11	0.83	0.35	0.44	0.57	0.94	0.83	0.6	0.7		0.36
Property Plant And Equipment Gross	0.71	0.28	-0.13	0.25	0.88	0.52	0.66	0.72	-0.67	-0.77	-0.56	0.64	0.63	0.73	0.14	-0.07	-0.08	0.63	0.69	0.6	0.37	0.53	0.51	0.56	0.36

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Everspin Technologies Account Relationship Matchups

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	3.6M
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
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	147.0M
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

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When determining whether Everspin Technologies is a strong investment it is important to analyze Everspin Technologies' 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 Everspin Technologies' future performance. For an informed investment choice regarding Everspin Stock, refer to the following important reports:

How To Invest In Everspin

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Is Everspin Stock a good investment?

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What is Everspin Technologies' Net Worth?

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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.

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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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

0.42

Revenue Per Share

3.073

Quarterly Revenue Growth

0.065

Return On Assets

0.06

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.

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Everspin Total Current Assets vs Net Debt Analysis

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Debt

Everspin Technologies fundamental ratios Correlations

Everspin Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Everspin Technologies fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Everspin Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.97	Short Long Term Debt Total
Other Stockholder Equity	+ 0.96	Net Tangible Assets
Cash	+ 0.95	Total Assets
Cash And Short Term Investments	+ 0.95	Total Assets

Other Stockholder Equity	- 0.96	Retained Earnings
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Net Debt	- 0.94	Total Stockholder Equity
Retained Earnings	- 0.9	Net Tangible Assets
Accounts Payable	- 0.88	Retained Earnings
Cash And Short Term Investments	- 0.86	Net Debt