Neonode Property Plant And Equipment Gross vs Current Deferred Revenue 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 Property Plant And Equipment Gross and its Current Deferred Revenue 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.

Property Plant And Equipment Gross vs Current Deferred Revenue

Property Plant And Equipment Gross vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neonode Property Plant And Equipment Gross account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Neonode's Property Plant And Equipment Gross and Current Deferred Revenue is 0.13. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Neonode, assuming nothing else is changed. The correlation between historical values of Neonode's Property Plant And Equipment Gross and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Neonode are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Property Plant And Equipment Gross i.e., Neonode's Property Plant And Equipment Gross and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant And Equipment Gross

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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