WiSA Other Stockholder Equity vs Net Tangible Assets Analysis

WISA Stock  USD 3.26  0.07  2.10%   
WiSA Technologies financial indicator trend analysis is more than just analyzing WiSA Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WiSA Technologies is a good investment. Please check the relationship between WiSA Technologies Other Stockholder Equity and its Net Tangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiSA 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 state.
For information on how to trade WiSA Stock refer to our How to Trade WiSA Stock guide.

Other Stockholder Equity vs Net Tangible Assets

Other Stockholder Equity vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WiSA Technologies Other Stockholder Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between WiSA Technologies' Other Stockholder Equity and Net Tangible Assets is 0.31. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of WiSA Technologies, assuming nothing else is changed. The correlation between historical values of WiSA Technologies' Other Stockholder Equity and Net Tangible 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 Other Stockholder Equity of WiSA Technologies are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Stockholder Equity i.e., WiSA Technologies' Other Stockholder Equity and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from WiSA Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WiSA 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiSA 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 state.
For information on how to trade WiSA Stock refer to our How to Trade WiSA Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 2.71, whereas Tax Provision is forecasted to decline to 1,710.
 2023 2024 (projected)
Interest Income38.0K36.1K
Tax Provision1.8K1.7K

WiSA Technologies fundamental ratios Correlations

-0.380.450.4-0.730.330.91-0.70.910.640.830.79-0.21-0.591.0-0.6-0.610.15-0.79-0.61-0.070.26-0.960.2-0.41-0.67
-0.38-0.79-0.950.370.11-0.330.34-0.33-0.3-0.29-0.380.760.92-0.370.91-0.05-0.350.640.610.67-0.170.5-0.090.240.17
0.45-0.790.85-0.330.040.42-0.380.420.320.340.39-0.97-0.730.45-0.730.110.38-0.48-0.42-0.290.11-0.50.06-0.23-0.28
0.4-0.950.85-0.310.010.35-0.430.350.320.330.31-0.81-0.890.4-0.90.190.49-0.57-0.45-0.650.18-0.470.08-0.24-0.06
-0.730.37-0.33-0.31-0.59-0.460.8-0.46-0.91-0.79-0.950.140.68-0.720.680.82-0.40.920.86-0.2-0.730.68-0.730.530.89
0.330.110.040.01-0.590.03-0.610.030.760.640.540.05-0.240.31-0.26-0.420.52-0.43-0.250.450.6-0.160.62-0.14-0.46
0.91-0.330.420.35-0.460.03-0.441.00.310.570.59-0.2-0.410.92-0.42-0.44-0.13-0.59-0.43-0.23-0.02-0.95-0.1-0.41-0.48
-0.70.34-0.38-0.430.8-0.61-0.44-0.44-0.87-0.75-0.690.210.63-0.680.660.44-0.740.720.48-0.15-0.750.56-0.690.530.54
0.91-0.330.420.35-0.460.031.0-0.440.310.570.59-0.2-0.410.92-0.42-0.44-0.13-0.59-0.43-0.23-0.02-0.95-0.1-0.41-0.48
0.64-0.30.320.32-0.910.760.31-0.870.310.790.8-0.17-0.630.62-0.64-0.620.67-0.8-0.640.290.83-0.510.83-0.44-0.72
0.83-0.290.340.33-0.790.640.57-0.750.570.790.8-0.13-0.590.83-0.6-0.620.36-0.78-0.60.130.34-0.70.34-0.07-0.68
0.79-0.380.390.31-0.950.540.59-0.690.590.80.8-0.2-0.660.78-0.65-0.850.2-0.91-0.880.150.54-0.770.54-0.46-0.94
-0.210.76-0.97-0.810.140.05-0.20.21-0.2-0.17-0.13-0.20.63-0.20.63-0.29-0.370.290.280.29-0.040.27-0.010.130.11
-0.590.92-0.73-0.890.68-0.24-0.410.63-0.41-0.63-0.59-0.660.63-0.581.00.25-0.50.860.770.47-0.430.64-0.370.360.43
1.0-0.370.450.4-0.720.310.92-0.680.920.620.830.78-0.2-0.58-0.59-0.610.13-0.79-0.61-0.080.24-0.960.19-0.4-0.67
-0.60.91-0.73-0.90.68-0.26-0.420.66-0.42-0.64-0.6-0.650.631.0-0.590.24-0.530.860.750.46-0.450.64-0.380.370.42
-0.61-0.050.110.190.82-0.42-0.440.44-0.44-0.62-0.62-0.85-0.290.25-0.610.240.120.690.74-0.36-0.440.58-0.490.360.91
0.15-0.350.380.49-0.40.52-0.13-0.74-0.130.670.360.2-0.37-0.50.13-0.530.12-0.33-0.10.110.720.00.69-0.26-0.06
-0.790.64-0.48-0.570.92-0.43-0.590.72-0.59-0.8-0.78-0.910.290.86-0.790.860.69-0.330.920.18-0.550.81-0.510.470.76
-0.610.61-0.42-0.450.86-0.25-0.430.48-0.43-0.64-0.6-0.880.280.77-0.610.750.74-0.10.920.14-0.440.68-0.450.40.82
-0.070.67-0.29-0.65-0.20.45-0.23-0.15-0.230.290.130.150.290.47-0.080.46-0.360.110.180.140.30.250.430.04-0.4
0.26-0.170.110.18-0.730.6-0.02-0.75-0.020.830.340.54-0.04-0.430.24-0.45-0.440.72-0.55-0.440.3-0.170.98-0.68-0.49
-0.960.5-0.5-0.470.68-0.16-0.950.56-0.95-0.51-0.7-0.770.270.64-0.960.640.580.00.810.680.25-0.17-0.10.460.65
0.2-0.090.060.08-0.730.62-0.1-0.69-0.10.830.340.54-0.01-0.370.19-0.38-0.490.69-0.51-0.450.430.98-0.1-0.57-0.54
-0.410.24-0.23-0.240.53-0.14-0.410.53-0.41-0.44-0.07-0.460.130.36-0.40.370.36-0.260.470.40.04-0.680.46-0.570.4
-0.670.17-0.28-0.060.89-0.46-0.480.54-0.48-0.72-0.68-0.940.110.43-0.670.420.91-0.060.760.82-0.4-0.490.65-0.540.4
Click cells to compare fundamentals

WiSA Technologies Account Relationship Matchups

WiSA Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2M11.3M19.4M11.5M4.8M7.3M
Total Current Liabilities2.7M2.3M3.0M3.7M3.6M3.3M
Total Stockholder Equity1.1M7.9M16.4M(2.0M)(4.9M)(5.2M)
Net Tangible Assets566K7.3M16.4M(2.0M)(2.3M)(2.4M)
Retained Earnings(187.7M)(200.4M)(212.2M)(228.3M)(247.0M)(259.4M)
Accounts Payable1.6M672K1.5M2.0M2.3M1.5M
Cash298K7.4M13.1M2.9M411K390.5K
Cash And Short Term Investments298K7.4M13.1M2.9M411K390.5K
Net Receivables108K85K214K273K294K308.7K
Inventory2.7M2.7M4.8M7.1M2.7M2.8M
Other Stockholder Equity188.3M207.7M228.6M214.9M242.1M163.1M
Total Liab3.1M3.4M3.0M13.4M9.7M12.7M
Total Current Assets4.0M11.1M19.2M11.1M4.1M7.0M
Common Stock1.5K2K1K7K6.3K6.0K
Property Plant Equipment84K142K162K294K338.1K355.0K
Other Current Liab695K1.1M1.4M1.4M1.3M1.2M
Other Liab411K395K49K9.3M8.4M8.8M
Property Plant And Equipment Net84K142K162K174K709K744.5K
Net Debt(298K)(6.5M)(13.1M)(2.3M)225K236.3K
Non Current Assets Total206K183K203K322K740K777K
Non Currrent Assets Other93.6K94K41K148K31K29.5K
Common Stock Total Equity309.01.5K2K1K900.0855.0
Common Stock Shares Outstanding9.5K52.4K124.0K194.9K7.9M8.3M
Liabilities And Stockholders Equity4.2M11.3M19.4M11.5M4.8M8.1M
Non Current Liabilities Total411K1.1M49K9.8M6.1M10.6M
Other Current Assets944K908K1.1M890K641K715.3K
Property Plant And Equipment Gross84K142K1.1M829K752K434.4K
Accumulated Other Comprehensive Income(45.0K)(48K)(19.4M)0.0(247K)(259.4K)
Net Invested Capital594K8.2M16.4M(1.5M)(5.2M)(4.9M)
Net Working Capital1.3M8.8M16.2M7.5M446K423.7K
Capital Stock519K598K2K7K254K184.2K

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When determining whether WiSA Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiSA Technologies' 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 Wisa Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wisa Technologies Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiSA 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 state.
For information on how to trade WiSA Stock refer to our How to Trade WiSA Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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Is WiSA 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 WiSA Technologies. If investors know WiSA 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 WiSA Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(477.00)
Revenue Per Share
39.558
Quarterly Revenue Growth
(0.54)
Return On Assets
(1.65)
Return On Equity
(5.08)
The market value of WiSA Technologies is measured differently than its book value, which is the value of WiSA that is recorded on the company's balance sheet. Investors also form their own opinion of WiSA Technologies' value that differs from its market value or its book value, called intrinsic value, which is WiSA 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 WiSA Technologies' market value can be influenced by many factors that don't directly affect WiSA 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 WiSA Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if WiSA Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiSA 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.