Microvision Common Stock Shares Outstanding vs Cash Analysis

MVIS Stock

USD 1.15 0.06 4.96%

Microvision financial indicator trend analysis is infinitely more than just investigating Microvision recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microvision is a good investment. Please check the relationship between Microvision Common Stock Shares Outstanding and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvision. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

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

Common Stock Shares Outstanding vs Cash

Common Stock Shares Outstanding vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microvision Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Microvision's Common Stock Shares Outstanding and Cash is 0.7. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of Microvision, assuming nothing else is changed. The correlation between historical values of Microvision's Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Microvision are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., Microvision's Common Stock Shares Outstanding and Cash go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash

Cash refers to the most liquid asset of Microvision, which is listed under current asset account on Microvision balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Microvision customers. The amounts must be unrestricted with restricted cash listed in a different Microvision account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

For more information on how to buy Microvision Stock please use our How to Invest in Microvision guide.At this time, Microvision's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 50.3 M in 2024.

Microvision fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Net Receivables	Non Current Liabilities Total	Non Currrent Assets Other	Short Term Debt	Common Stock Total Equity	Short Term Investments	Common Stock	Other Liab
Total Assets		0.48	0.35	0.99	0.92	-0.69	-0.66	0.13	0.86	0.87	0.97	0.84	0.89	0.78	0.78	0.86	0.98	0.91	0.34	0.84	0.71	0.11	-0.17	0.79	-0.17	-0.18
Other Current Liab	0.48		0.64	0.39	0.58	-0.22	-0.49	0.0	0.34	0.7	0.33	0.48	0.72	0.54	0.76	0.68	0.37	0.49	0.13	0.47	0.63	0.1	-0.21	0.15	-0.21	-0.27
Total Current Liabilities	0.35	0.64		0.24	0.37	-0.23	-0.63	0.33	0.28	0.4	0.27	0.49	0.43	0.58	0.71	0.37	0.3	0.3	0.15	0.31	0.66	0.28	-0.51	0.0	-0.51	-0.23
Total Stockholder Equity	0.99	0.39	0.24		0.87	-0.72	-0.58	0.11	0.88	0.81	0.99	0.8	0.84	0.72	0.68	0.81	0.99	0.89	0.3	0.78	0.64	0.05	-0.1	0.82	-0.1	-0.2
Property Plant And Equipment Net	0.92	0.58	0.37	0.87		-0.35	-0.69	0.04	0.61	0.96	0.81	0.83	0.93	0.8	0.86	0.96	0.84	0.99	0.53	0.93	0.66	0.12	-0.2	0.75	-0.2	-0.17
Net Debt	-0.69	-0.22	-0.23	-0.72	-0.35		0.33	-0.21	-0.96	-0.37	-0.78	-0.51	-0.5	-0.43	-0.35	-0.36	-0.76	-0.36	0.3	-0.3	-0.44	-0.07	0.05	-0.37	0.05	0.11
Retained Earnings	-0.66	-0.49	-0.63	-0.58	-0.69	0.33		-0.13	-0.48	-0.67	-0.58	-0.84	-0.7	-0.98	-0.81	-0.65	-0.61	-0.68	-0.36	-0.68	-0.61	-0.27	0.8	-0.24	0.8	-0.01
Accounts Payable	0.13	0.0	0.33	0.11	0.04	-0.21	-0.13		0.17	0.07	0.12	-0.11	0.13	0.14	0.18	0.03	0.15	-0.03	-0.02	-0.03	0.04	-0.04	-0.36	-0.11	-0.36	-0.1
Cash	0.86	0.34	0.28	0.88	0.61	-0.96	-0.48	0.17		0.6	0.91	0.7	0.7	0.61	0.54	0.6	0.9	0.61	-0.1	0.53	0.56	0.08	-0.09	0.55	-0.09	-0.15
Non Current Assets Total	0.87	0.7	0.4	0.81	0.96	-0.37	-0.67	0.07	0.6		0.73	0.78	0.98	0.77	0.87	1.0	0.76	0.93	0.37	0.88	0.59	0.12	-0.2	0.6	-0.2	-0.16
Cash And Short Term Investments	0.97	0.33	0.27	0.99	0.81	-0.78	-0.58	0.12	0.91	0.73		0.8	0.77	0.71	0.65	0.72	1.0	0.83	0.28	0.74	0.68	0.08	-0.13	0.81	-0.13	-0.18
Common Stock Shares Outstanding	0.84	0.48	0.49	0.8	0.83	-0.51	-0.84	-0.11	0.7	0.78	0.8		0.79	0.89	0.81	0.78	0.81	0.85	0.34	0.77	0.69	0.15	-0.36	0.58	-0.36	-0.16
Other Current Assets	0.89	0.72	0.43	0.84	0.93	-0.5	-0.7	0.13	0.7	0.98	0.77	0.79		0.81	0.87	0.97	0.8	0.89	0.28	0.83	0.6	0.09	-0.25	0.55	-0.25	-0.16
Other Stockholder Equity	0.78	0.54	0.58	0.72	0.8	-0.43	-0.98	0.14	0.61	0.77	0.71	0.89	0.81		0.86	0.76	0.73	0.78	0.37	0.76	0.67	0.24	-0.7	0.37	-0.7	-0.03
Total Liab	0.78	0.76	0.71	0.68	0.86	-0.35	-0.81	0.18	0.54	0.87	0.65	0.81	0.87	0.86		0.86	0.69	0.8	0.41	0.85	0.79	0.36	-0.43	0.43	-0.43	-0.06
Property Plant And Equipment Gross	0.86	0.68	0.37	0.81	0.96	-0.36	-0.65	0.03	0.6	1.0	0.72	0.78	0.97	0.76	0.86		0.75	0.93	0.35	0.88	0.56	0.11	-0.17	0.6	-0.17	-0.15
Total Current Assets	0.98	0.37	0.3	0.99	0.84	-0.76	-0.61	0.15	0.9	0.76	1.0	0.81	0.8	0.73	0.69	0.75		0.85	0.31	0.76	0.7	0.1	-0.15	0.8	-0.15	-0.18
Short Long Term Debt Total	0.91	0.49	0.3	0.89	0.99	-0.36	-0.68	-0.03	0.61	0.93	0.83	0.85	0.89	0.78	0.8	0.93	0.85		0.52	0.91	0.61	0.07	-0.17	0.8	-0.17	-0.19
Net Receivables	0.34	0.13	0.15	0.3	0.53	0.3	-0.36	-0.02	-0.1	0.37	0.28	0.34	0.28	0.37	0.41	0.35	0.31	0.52		0.56	0.46	0.09	-0.19	0.56	-0.19	0.07
Non Current Liabilities Total	0.84	0.47	0.31	0.78	0.93	-0.3	-0.68	-0.03	0.53	0.88	0.74	0.77	0.83	0.76	0.85	0.88	0.76	0.91	0.56		0.65	0.39	-0.24	0.69	-0.24	0.17
Non Currrent Assets Other	0.71	0.63	0.66	0.64	0.66	-0.44	-0.61	0.04	0.56	0.59	0.68	0.69	0.6	0.67	0.79	0.56	0.7	0.61	0.46	0.65		0.44	-0.27	0.55	-0.27	-0.21
Short Term Debt	0.11	0.1	0.28	0.05	0.12	-0.07	-0.27	-0.04	0.08	0.12	0.08	0.15	0.09	0.24	0.36	0.11	0.1	0.07	0.09	0.39	0.44		-0.25	-0.03	-0.25	0.41
Common Stock Total Equity	-0.17	-0.21	-0.51	-0.1	-0.2	0.05	0.8	-0.36	-0.09	-0.2	-0.13	-0.36	-0.25	-0.7	-0.43	-0.17	-0.15	-0.17	-0.19	-0.24	-0.27	-0.25		0.25	1.0	-0.15
Short Term Investments	0.79	0.15	0.0	0.82	0.75	-0.37	-0.24	-0.11	0.55	0.6	0.81	0.58	0.55	0.37	0.43	0.6	0.8	0.8	0.56	0.69	0.55	-0.03	0.25		0.25	-0.23
Common Stock	-0.17	-0.21	-0.51	-0.1	-0.2	0.05	0.8	-0.36	-0.09	-0.2	-0.13	-0.36	-0.25	-0.7	-0.43	-0.17	-0.15	-0.17	-0.19	-0.24	-0.27	-0.25	1.0	0.25		-0.15
Other Liab	-0.18	-0.27	-0.23	-0.2	-0.17	0.11	-0.01	-0.1	-0.15	-0.16	-0.18	-0.16	-0.16	-0.03	-0.06	-0.15	-0.18	-0.19	0.07	0.17	-0.21	0.41	-0.15	-0.23	-0.15

Click cells to compare fundamentals

Microvision Account Relationship Matchups

Microvision fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.8M	21.0M	130.2M	115.0M	129.6M	136.1M
Other Current Liab	2.1M	495K	2.4M	2.9M	15.6M	16.4M
Total Current Liabilities	14.5M	10.0M	12.5M	11.4M	20.5M	10.6M
Total Stockholder Equity	(4.0M)	9.0M	112.8M	89.7M	95.8M	100.6M
Property Plant And Equipment Net	3.2M	2.8M	8.6M	21.4M	22.8M	23.9M
Net Debt	(3.8M)	(13.8M)	(76.4M)	(4.8M)	(33.4M)	(31.7M)
Retained Earnings	(572.6M)	(586.2M)	(629.4M)	(682.5M)	(765.4M)	(727.1M)
Accounts Payable	1.9M	630K	3.6M	2.1M	2.3M	2.8M
Cash	5.8M	16.9M	82.6M	20.5M	48.4M	50.9M
Non Current Assets Total	4.0M	3.4M	10.8M	24.0M	42.9M	45.0M
Cash And Short Term Investments	5.8M	16.9M	115.4M	82.7M	77.0M	80.9M
Common Stock Shares Outstanding	111.3M	139.8M	160.7M	166.0M	182.8M	191.9M
Liabilities And Stockholders Equity	11.8M	21.0M	130.2M	115.0M	129.6M	136.1M
Other Current Assets	729K	698K	2.3M	2.3M	4.9M	5.1M
Other Stockholder Equity	568.5M	595.1M	742.0M	772.2M	860.8M	903.8M
Total Liab	15.8M	12.0M	17.5M	25.3M	33.8M	35.5M
Property Plant And Equipment Gross	3.2M	2.8M	8.6M	21.4M	41.3M	43.3M
Total Current Assets	7.8M	17.6M	119.4M	91.0M	86.8M	91.1M
Short Long Term Debt Total	2.0M	3.1M	6.3M	15.7M	15.0M	15.8M
Net Receivables	1.5M	1.1M	0.0	4.1M	949K	1.3M
Non Current Liabilities Total	1.4M	2.0M	5.0M	13.8M	13.3M	14.0M
Accumulated Other Comprehensive Income	0.0	(6.1M)	(19K)	(127K)	210K	220.5K
Short Term Debt	681K	1.1M	1.3M	1.9M	2.3M	1.5M
Common Stock Total Equity	126K	153K	164K	171K	153.9K	146.2K
Common Stock	126K	153K	164K	171K	195K	185.3K
Other Assets	621K	1.4M	2.1M	2.5M	2.3M	1.3M
Property Plant Equipment	1.8M	1.9M	8.6M	6.8M	6.1M	3.1M
Current Deferred Revenue	9.8M	7.8M	5.3M	4.6M	300K	285K
Inventory	192K	0.0	1.8M	1.9M	3.9M	4.1M
Intangible Assets	221K	164K	115K	75K	17.2M	18.1M
Net Tangible Assets	(4.2M)	8.8M	112.6M	89.7M	103.1M	108.3M
Retained Earnings Total Equity	(572.6M)	(586.2M)	(629.4M)	(682.5M)	(614.3M)	(645.0M)
Capital Surpluse	568.5M	601.2M	742.0M	772.2M	888.1M	600.1M
Capital Lease Obligations	2.0M	1.5M	5.9M	15.7M	15.0M	15.8M

Pair Trading with Microvision

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

Moving together with Microvision Stock

0.82

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Moving against Microvision Stock

0.67	DYSL	Dynasil Of	Pair Corr
0.64	BMI	Badger Meter Financial Report 18th of July 2024	Pair Corr
0.63	WELX	Winland Holdings	Pair Corr
0.62	GRMN	Garmin	Pair Corr
0.51	ST	Sensata Technologies	Pair Corr

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

The correlation of Microvision 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 Microvision moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microvision 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 Microvision 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 Microvision is a strong investment it is important to analyze Microvision's 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 Microvision's future performance. For an informed investment choice regarding Microvision Stock, refer to the following important reports:

How To Invest In Microvision

Details

Is Microvision Stock a good investment?

Details

What is Microvision's Net Worth?

Details

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvision. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

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

You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Microvision Stock analysis

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

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

Earnings Share

(0.47)

Revenue Per Share

0.039

Quarterly Revenue Growth

0.223

Return On Assets

(0.47)

Return On Equity

(1.00)

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Microvision Common Stock Shares Outstanding vs Cash Analysis

Common Stock Shares Outstanding vs Cash

Common Stock Shares Outstanding vs Cash Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Cash

Microvision fundamental ratios Correlations

Microvision Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Microvision fundamental ratios Accounts

Pair Trading with Microvision

Moving together with Microvision Stock

Moving against Microvision Stock

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.98	Retained Earnings
Cash	- 0.96	Net Debt
Common Stock Shares Outstanding	- 0.84	Retained Earnings
Total Liab	- 0.81	Retained Earnings
Cash And Short Term Investments	- 0.78	Net Debt
Total Current Assets	- 0.76	Net Debt