Neonode Non Currrent Assets Other vs Short Term Debt Analysis

NEON Stock  USD 2.20  0.05  2.22%   
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 Non Currrent Assets Other and its Short Term Debt 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.

Non Currrent Assets Other vs Short Term Debt

Non Currrent Assets Other vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neonode Non Currrent Assets Other account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Neonode's Non Currrent Assets Other and Short Term Debt is -0.44. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Neonode, assuming nothing else is changed. The correlation between historical values of Neonode's Non Currrent Assets Other and Short Term 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 Non Currrent Assets Other of Neonode are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Currrent Assets Other i.e., Neonode's Non Currrent Assets Other and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Short Term Debt

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 18th 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

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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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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
(0.71)
Revenue Per Share
0.274
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.32)
Return On Equity
(0.53)
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.