Intevac Financials

IVAC Stock  USD 2.65  0.12  4.74%   
Based on the measurements of operating efficiency obtained from Intevac's historical financial statements, Intevac is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, Intevac's Net Receivables is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Gross is expected to grow to about 39.5 M, whereas Total Assets are forecasted to decline to about 146.4 M. Key indicators impacting Intevac's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.0110.0116
Notably Down
Slightly volatile
Current Ratio3.184.93
Way Down
Pretty Stable
The financial analysis of Intevac is a critical element in measuring its lifeblood. Investors should not minimize Intevac's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(11.58 Million)

  
Understanding current and past Intevac Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Intevac's financial statements are interrelated, with each one affecting the others. For example, an increase in Intevac's assets may result in an increase in income on the income statement.

Intevac Earnings Geography

Please note, the presentation of Intevac's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Intevac's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Intevac's management manipulating its earnings.

Intevac Stock Summary

Intevac competes with Innovative Solutions, Heidrick Struggles, ICF International, PDF Solutions, and IRIDEX. Intevac, Inc., together with its subsidiaries, designs and develops thin-film processing systems primarily in the United States and Asia. Intevac, Inc. was incorporated in 1990 and is headquartered in Santa Clara, California. Intevac operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 144 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4611481080
CUSIP461148108
LocationCalifornia; U.S.A
Business Address3560 Bassett Street,
SectorTechnology Hardware, Storage & Peripherals
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.intevac.com
Phone408 986 9888
CurrencyUSD - US Dollar

Intevac Key Financial Ratios

Intevac Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets126.3M127.2M157.8M173.1M156.5M146.4M
Other Current Liab10.1M7.7M9.6M5.0M4.0M3.8M
Net Debt(24.4M)(34.5M)(106.2M)(89.6M)(43.5M)(41.3M)
Retained Earnings(63.8M)(62.7M)(36.1M)(53.2M)(65.4M)(62.1M)
Accounts Payable4.2M4.3M5.3M11.6M5.8M5.3M
Cash36.5M44.2M112.9M94.4M51.4M40.9M
Net Receivables28.6M28.6M14.3M15.8M18.6M19.4M
Inventory24.9M21.7M5.8M30.0M43.8M24.9M
Other Current Assets1.5M3.8M3.7M1.9M2.1M2.0M
Total Liab30.5M25.7M23.8M49.6M41.0M31.7M
Total Current Assets91.5M96.4M134.8M142.2M133.4M108.9M
Intangible Assets1.5M889K274K1.1M954K906.3K
Other Assets7.1M19.8M6.2M5.2M1.00.95
Other Liab186K457K363K22.2M25.5M26.8M
Net Tangible Assets95.5M101.6M134.0M122.4M110.1M86.1M
Capital Surpluse188.3M193.2M199.1M206.4M237.3M192.6M
Net Invested Capital95.8M101.6M134.0M123.5M115.5M116.7M

Intevac Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense4.2M3.7M6K1.1M976.5K1.5M
Total Revenue108.9M97.8M38.5M35.8M52.7M72.6M
Gross Profit40.9M40.5M7.1M15.1M20.2M36.3M
Operating Income348K(925K)(22.5M)(16.5M)(13.2M)(12.6M)
Ebit348K(8.9M)(22.5M)(16.5M)(13.2M)(12.6M)
Research Development14.3M14.1M12.2M13.7M15.1M19.9M
Ebitda3.9M(5.4M)(19.0M)(15.0M)(11.7M)(11.1M)
Cost Of Revenue68.0M57.3M31.5M20.7M32.4M46.3M
Income Before Tax4.5M2.8M(22.5M)(15.4M)(10.8M)(10.2M)
Net Income1.1M1.1M(23.1M)(16.8M)(12.2M)(11.6M)
Income Tax Expense3.4M1.7M575K1.3M1.8M1.9M
Tax Provision3.4M1.7M575K1.3M1.8M1.9M
Interest Income574K212K29K1.1M2.5M2.6M
Net Interest Income574K212K(6K)1.2M2.5M2.6M

Intevac Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory6.3M3.2M9.6M(24.1M)(13.8M)(13.1M)
Change In Cash670K9.6M73.4M(33.8M)(17.5M)(16.7M)
Free Cash Flow838K6.2M(920K)(9.4M)(40.5M)(38.5M)
Depreciation3.6M3.5M3.5M1.5M1.5M1.5M
Other Non Cash Items(237K)(274K)(53.4M)442K(1.3M)(1.3M)
Capital Expenditures4.1M2.6M1.2M1.9M5.4M3.0M
Net Income1.1M1.1M26.6M(17.1M)(12.2M)(11.6M)
End Period Cash Flow20.6M30.1M103.5M69.7M52.1M30.5M
Investments(1.7M)2.0M2.4M(25.7M)25.0M26.2M
Change To Netincome3.8M7.8M(26.3M)9.6M8.7M5.1M

Intevac Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Intevac's current stock value. Our valuation model uses many indicators to compare Intevac value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Intevac competition to find correlations between indicators driving Intevac's intrinsic value. More Info.
Intevac is rated third overall in return on equity category among its peers. It also is rated third overall in return on asset category among its peers . At present, Intevac's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Intevac's earnings, one of the primary drivers of an investment's value.

Intevac's Earnings Breakdown by Geography

Intevac Systematic Risk

Intevac's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Intevac volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Intevac correlated with the market. If Beta is less than 0 Intevac generally moves in the opposite direction as compared to the market. If Intevac Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Intevac is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Intevac is generally in the same direction as the market. If Beta > 1 Intevac moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Intevac Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Intevac's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Intevac growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.4

At present, Intevac's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Intevac November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Intevac help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Intevac. We use our internally-developed statistical techniques to arrive at the intrinsic value of Intevac based on widely used predictive technical indicators. In general, we focus on analyzing Intevac Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Intevac's daily price indicators and compare them against related drivers.

Complementary Tools for Intevac Stock analysis

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