Neonode Long Term Debt vs Total Current Assets Analysis

NEON Stock  USD 2.08  0.07  3.26%   
Neonode financial indicator trend analysis is infinitely more than just investigating Neonode recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neonode is a good investment. Please check the relationship between Neonode Long Term Debt and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neonode. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.

Long Term Debt vs Total Current Assets

Long Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neonode Long Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Neonode's Long Term Debt and Total Current Assets is 0.49. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Neonode, assuming nothing else is changed. The correlation between historical values of Neonode's Long Term Debt and Total Current 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 of Neonode are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Debt i.e., Neonode's Long Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Neonode has held for over one year. Long-term debt appears on Neonode balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Neonode balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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.
Most indicators from Neonode's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neonode 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 Neonode. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.At this time, Neonode's 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 95.9 M, while Tax Provision is likely to drop about 78.8 K.
 2021 2022 2023 2024 (projected)
Total Operating Expenses12.0M10.2M10.5M12.3M
Cost Of Revenue955K804K4.7M3.8M

Neonode fundamental ratios Correlations

0.3-0.110.91-0.04-0.83-0.590.85-0.05-0.220.850.310.63-0.040.610.080.64-0.120.91-0.070.06-0.16-0.5-0.5-0.280.01
0.30.220.410.44-0.17-0.80.270.41-0.30.27-0.180.71-0.420.30.350.80.180.310.30.460.44-0.53-0.53-0.470.31
-0.110.22-0.280.150.12-0.31-0.10.120.2-0.10.16-0.20.47-0.360.140.250.88-0.120.07-0.160.46-0.59-0.590.730.35
0.910.41-0.28-0.09-0.87-0.550.91-0.1-0.360.910.220.79-0.240.610.080.65-0.390.95-0.120.14-0.16-0.35-0.35-0.540.08
-0.040.440.15-0.090.48-0.3-0.371.00.3-0.37-0.06-0.04-0.060.13-0.030.240.49-0.270.940.60.29-0.21-0.22-0.22-0.01
-0.83-0.170.12-0.870.480.44-0.990.490.28-0.99-0.26-0.690.05-0.36-0.08-0.540.37-0.960.530.270.260.370.370.19-0.25
-0.59-0.8-0.31-0.55-0.30.44-0.52-0.280.1-0.52-0.05-0.740.2-0.34-0.45-0.99-0.27-0.57-0.07-0.03-0.180.870.870.21-0.47
0.850.27-0.10.91-0.37-0.99-0.52-0.38-0.271.00.260.74-0.090.380.080.61-0.340.98-0.43-0.19-0.22-0.42-0.42-0.250.29
-0.050.410.12-0.11.00.49-0.28-0.380.3-0.38-0.06-0.06-0.060.12-0.020.220.47-0.280.940.60.27-0.19-0.19-0.23-0.02
-0.22-0.30.2-0.360.30.280.1-0.270.3-0.27-0.09-0.370.24-0.24-0.2-0.140.36-0.260.16-0.440.040.00.00.40.21
0.850.27-0.10.91-0.37-0.99-0.521.0-0.38-0.270.260.74-0.090.380.080.61-0.340.98-0.43-0.19-0.22-0.42-0.42-0.250.29
0.31-0.180.160.22-0.06-0.26-0.050.26-0.06-0.090.26-0.130.39-0.22-0.490.070.110.290.01-0.080.07-0.35-0.350.140.18
0.630.71-0.20.79-0.04-0.69-0.740.74-0.06-0.370.74-0.13-0.510.50.270.81-0.370.75-0.190.1-0.04-0.4-0.4-0.610.33
-0.04-0.420.47-0.24-0.060.050.2-0.09-0.060.24-0.090.39-0.51-0.32-0.09-0.230.45-0.10.01-0.28-0.22-0.2-0.20.710.1
0.610.3-0.360.610.13-0.36-0.340.380.12-0.240.38-0.220.5-0.320.290.37-0.260.510.120.3-0.16-0.08-0.08-0.49-0.56
0.080.350.140.08-0.03-0.08-0.450.08-0.02-0.20.08-0.490.27-0.090.290.410.10.08-0.17-0.12-0.13-0.36-0.360.010.04
0.640.80.250.650.24-0.54-0.990.610.22-0.140.610.070.81-0.230.370.410.170.660.020.020.15-0.84-0.84-0.280.48
-0.120.180.88-0.390.490.37-0.27-0.340.470.36-0.340.11-0.370.45-0.260.10.17-0.30.420.050.45-0.53-0.530.650.16
0.910.31-0.120.95-0.27-0.96-0.570.98-0.28-0.260.980.290.75-0.10.510.080.66-0.3-0.32-0.11-0.18-0.45-0.45-0.30.19
-0.070.30.07-0.120.940.53-0.07-0.430.940.16-0.430.01-0.190.010.12-0.170.020.42-0.320.760.25-0.01-0.01-0.23-0.21
0.060.46-0.160.140.60.27-0.03-0.190.6-0.44-0.19-0.080.1-0.280.3-0.120.020.05-0.110.760.270.170.17-0.54-0.4
-0.160.440.46-0.160.290.26-0.18-0.220.270.04-0.220.07-0.04-0.22-0.16-0.130.150.45-0.180.250.27-0.15-0.150.010.06
-0.5-0.53-0.59-0.35-0.210.370.87-0.42-0.190.0-0.42-0.35-0.4-0.2-0.08-0.36-0.84-0.53-0.45-0.010.17-0.151.0-0.2-0.51
-0.5-0.53-0.59-0.35-0.220.370.87-0.42-0.190.0-0.42-0.35-0.4-0.2-0.08-0.36-0.84-0.53-0.45-0.010.17-0.151.0-0.2-0.51
-0.28-0.470.73-0.54-0.220.190.21-0.25-0.230.4-0.250.14-0.610.71-0.490.01-0.280.65-0.3-0.23-0.540.01-0.2-0.20.13
0.010.310.350.08-0.01-0.25-0.470.29-0.020.210.290.180.330.1-0.560.040.480.160.19-0.21-0.40.06-0.51-0.510.13
Click cells to compare fundamentals

Neonode Account Relationship Matchups

Neonode fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4M16.6M23.0M21.2M19.0M11.8M
Other Current Liab1.5M1.7M1.4M1.2M1.3M1.5M
Total Current Liabilities3.0M4.2M3.0M1.7M1.8M3.4M
Total Stockholder Equity6.4M15.1M23.9M19.4M17.2M18.0M
Property Plant And Equipment Net2.0M1.9M960K400K394K374.3K
Net Debt(891K)(8.7M)(16.5M)(14.6M)(16.0M)(15.2M)
Retained Earnings(190.5M)(196.2M)(202.6M)(207.5M)(217.6M)(206.7M)
Cash2.4M10.5M17.4M14.8M16.2M17.0M
Non Current Assets Total2.7M2.0M1.9M960K394.0K374.3K
Non Currrent Assets Other(2.0M)(1.9M)(960K)(400K)(1.0)(0.95)
Cash And Short Term Investments2.4M10.5M17.4M14.8M16.2M17.0M
Net Receivables1.3M2.2M1.3M1.4M1.3M1.5M
Common Stock Shares Outstanding8.8M10.0M11.9M13.6M15.3M16.1M
Liabilities And Stockholders Equity7.4M16.6M23.0M21.2M19.0M11.8M
Non Current Liabilities Total566K472K182K81K19.0K18.0K
Inventory1.0M1.3M2.5M3.8M610K579.5K
Other Current Assets723K203K836K707K528.0K509.2K
Other Stockholder Equity197.5M211.7M226.9M227.2M235.2M246.9M
Total Liab3.6M4.7M3.2M1.8M1.9M1.8M
Total Current Assets5.4M14.7M22.0M20.8M18.6M19.6M
Short Long Term Debt Total1.5M1.7M865K259K106K100.7K
Short Term Debt900K1.3M683K178K87K82.7K
Accounts Payable555K1.1M776K334K440K674.7K
Accumulated Other Comprehensive Income(639K)(404K)(408K)(340K)(396K)(415.8K)
Current Deferred Revenue67K138K106K36K10K9.5K
Property Plant And Equipment Gross2.0M1.9M960K400K4.3M4.5M
Property Plant Equipment1.6M1.0M960K282K324.3K308.1K
Net Tangible Assets6.4M15.1M23.9M19.4M22.3M11.3M
Noncontrolling Interest In Consolidated Entity(1.2M)(2.0M)(2.5M)(3.2M)(2.9M)(2.8M)
Retained Earnings Total Equity(185.2M)(190.5M)(196.2M)(207.5M)(186.7M)(196.1M)
Capital Surpluse197.5M197.5M211.7M227.2M261.3M200.3M
Capital Lease Obligations1.5M1.7M865K259K106K100.7K
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 Neonode 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, Neonode's short interest history, or implied volatility extrapolated from Neonode options trading.

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When determining whether Neonode offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neonode's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Neonode Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neonode Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neonode. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Is Neonode'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 Neonode. If investors know Neonode 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 Neonode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
0.29
Quarterly Revenue Growth
(0.47)
Return On Assets
(0.33)
Return On Equity
(0.55)
The market value of Neonode is measured differently than its book value, which is the value of Neonode that is recorded on the company's balance sheet. Investors also form their own opinion of Neonode's value that differs from its market value or its book value, called intrinsic value, which is Neonode'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 Neonode's market value can be influenced by many factors that don't directly affect Neonode'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 Neonode's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neonode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neonode'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.