Empyrean Non Current Assets Total vs Intangible Assets Analysis

301269 Stock

117.90 10.54 8.21%

Empyrean Technology financial indicator trend analysis is much more than just examining Empyrean Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empyrean Technology is a good investment. Please check the relationship between Empyrean Technology Non Current Assets Total and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Empyrean Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Intangible Assets

Non Current Assets Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empyrean Technology Non Current Assets Total account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Empyrean Technology's Non Current Assets Total and Intangible Assets is 0.95. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Empyrean Technology Co, assuming nothing else is changed. The correlation between historical values of Empyrean Technology's Non Current Assets Total and Intangible 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 Non Current Assets Total of Empyrean Technology Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Assets Total i.e., Empyrean Technology's Non Current Assets Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Empyrean Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empyrean Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Empyrean Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of November 23, 2024, Selling General Administrative is expected to decline to about 134 M. In addition to that, Tax Provision is expected to decline to about (352.3 K)

	2021	2022	2023	2024 (projected)
Interest Income	2.4M	35.2M	63.1M	66.3M
Net Interest Income	341.4K	23.4M	60.6M	63.7M

Interest Income Net Interest Income

Empyrean Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Long Term Debt	Capital Lease Obligations	Property Plant And Equipment Gross	Short Term Investments	Good Will
Total Assets		0.07	0.96	1.0	0.88	-0.44	0.92	0.95	0.88	0.95	0.69	0.7	0.82	0.84	1.0	0.99	0.91	0.98	0.86	0.92	0.81	-0.76	-0.52	0.94	0.98	-0.54
Other Current Liab	0.07		0.33	-0.02	0.13	0.8	0.05	0.3	0.41	-0.07	0.76	0.12	0.59	0.6	0.02	-0.03	0.42	-0.07	0.55	0.38	0.1	0.51	-0.13	0.32	-0.1	-0.22
Total Current Liabilities	0.96	0.33		0.94	0.88	-0.2	0.88	0.99	0.94	0.9	0.84	0.66	0.94	0.95	0.95	0.92	0.97	0.9	0.96	0.97	0.81	-0.58	-0.47	0.98	0.91	-0.58
Total Stockholder Equity	1.0	-0.02	0.94		0.88	-0.51	0.92	0.93	0.84	0.96	0.62	0.69	0.77	0.78	1.0	0.99	0.88	0.99	0.82	0.89	0.81	-0.81	-0.51	0.92	0.99	-0.52
Retained Earnings	0.88	0.13	0.88	0.88		-0.4	0.98	0.87	0.79	0.92	0.6	0.65	0.77	0.75	0.88	0.86	0.79	0.85	0.77	0.91	0.96	-0.7	-0.42	0.93	0.89	-0.84
Accounts Payable	-0.44	0.8	-0.2	-0.51	-0.4		-0.52	-0.2	-0.12	-0.53	0.3	-0.27	0.14	0.09	-0.49	-0.54	-0.12	-0.56	0.03	-0.13	-0.43	0.9	0.28	-0.19	-0.58	0.26
Cash	0.92	0.05	0.88	0.92	0.98	-0.52		0.87	0.82	0.94	0.58	0.62	0.72	0.74	0.92	0.9	0.82	0.9	0.77	0.87	0.96	-0.81	-0.47	0.89	0.93	-0.81
Non Current Assets Total	0.95	0.3	0.99	0.93	0.87	-0.2	0.87		0.96	0.92	0.8	0.54	0.93	0.91	0.94	0.89	0.96	0.88	0.95	0.95	0.83	-0.6	-0.33	0.96	0.9	-0.6
Net Receivables	0.88	0.41	0.94	0.84	0.79	-0.12	0.82	0.96		0.83	0.84	0.41	0.9	0.92	0.86	0.81	0.99	0.79	0.96	0.86	0.79	-0.53	-0.3	0.88	0.81	-0.61
Common Stock Shares Outstanding	0.95	-0.07	0.9	0.96	0.92	-0.53	0.94	0.92	0.83		0.52	0.52	0.74	0.71	0.96	0.93	0.83	0.92	0.76	0.85	0.9	-0.83	-0.28	0.89	0.98	-0.65
Non Current Liabilities Total	0.69	0.76	0.84	0.62	0.6	0.3	0.58	0.8	0.84	0.52		0.55	0.93	0.97	0.64	0.61	0.89	0.58	0.94	0.83	0.51	-0.1	-0.48	0.8	0.54	-0.41
Inventory	0.7	0.12	0.66	0.69	0.65	-0.27	0.62	0.54	0.41	0.52	0.55		0.56	0.62	0.69	0.74	0.54	0.74	0.56	0.74	0.43	-0.4	-0.89	0.71	0.65	-0.27
Other Current Assets	0.82	0.59	0.94	0.77	0.77	0.14	0.72	0.93	0.9	0.74	0.93	0.56		0.97	0.79	0.74	0.93	0.71	0.97	0.95	0.7	-0.28	-0.33	0.93	0.72	-0.54
Total Liab	0.84	0.6	0.95	0.78	0.75	0.09	0.74	0.91	0.92	0.71	0.97	0.62	0.97		0.81	0.77	0.96	0.75	0.99	0.93	0.66	-0.32	-0.5	0.91	0.72	-0.5
Net Invested Capital	1.0	0.02	0.95	1.0	0.88	-0.49	0.92	0.94	0.86	0.96	0.64	0.69	0.79	0.81		0.99	0.89	0.99	0.84	0.9	0.81	-0.79	-0.51	0.93	0.99	-0.53
Total Current Assets	0.99	-0.03	0.92	0.99	0.86	-0.54	0.9	0.89	0.81	0.93	0.61	0.74	0.74	0.77	0.99		0.86	1.0	0.8	0.88	0.77	-0.81	-0.59	0.9	0.98	-0.49
Capital Stock	0.91	0.42	0.97	0.88	0.79	-0.12	0.82	0.96	0.99	0.83	0.89	0.54	0.93	0.96	0.89	0.86		0.84	0.98	0.91	0.75	-0.53	-0.43	0.91	0.83	-0.55
Net Working Capital	0.98	-0.07	0.9	0.99	0.85	-0.56	0.9	0.88	0.79	0.92	0.58	0.74	0.71	0.75	0.99	1.0	0.84		0.77	0.86	0.76	-0.82	-0.6	0.88	0.98	-0.47
Intangible Assets	0.86	0.55	0.96	0.82	0.77	0.03	0.77	0.95	0.96	0.76	0.94	0.56	0.97	0.99	0.84	0.8	0.98	0.77		0.93	0.71	-0.39	-0.42	0.92	0.76	-0.54
Property Plant And Equipment Net	0.92	0.38	0.97	0.89	0.91	-0.13	0.87	0.95	0.86	0.85	0.83	0.74	0.95	0.93	0.9	0.88	0.91	0.86	0.93		0.81	-0.5	-0.5	1.0	0.86	-0.62
Non Currrent Assets Other	0.81	0.1	0.81	0.81	0.96	-0.43	0.96	0.83	0.79	0.9	0.51	0.43	0.7	0.66	0.81	0.77	0.75	0.76	0.71	0.81		-0.72	-0.24	0.84	0.84	-0.92
Long Term Debt	-0.76	0.51	-0.58	-0.81	-0.7	0.9	-0.81	-0.6	-0.53	-0.83	-0.1	-0.4	-0.28	-0.32	-0.79	-0.81	-0.53	-0.82	-0.39	-0.5	-0.72		0.33	-0.56	-0.85	0.5
Capital Lease Obligations	-0.52	-0.13	-0.47	-0.51	-0.42	0.28	-0.47	-0.33	-0.3	-0.28	-0.48	-0.89	-0.33	-0.5	-0.51	-0.59	-0.43	-0.6	-0.42	-0.5	-0.24	0.33		-0.47	-0.45	0.14
Property Plant And Equipment Gross	0.94	0.32	0.98	0.92	0.93	-0.19	0.89	0.96	0.88	0.89	0.8	0.71	0.93	0.91	0.93	0.9	0.91	0.88	0.92	1.0	0.84	-0.56	-0.47		0.9	-0.64
Short Term Investments	0.98	-0.1	0.91	0.99	0.89	-0.58	0.93	0.9	0.81	0.98	0.54	0.65	0.72	0.72	0.99	0.98	0.83	0.98	0.76	0.86	0.84	-0.85	-0.45	0.9		-0.56
Good Will	-0.54	-0.22	-0.58	-0.52	-0.84	0.26	-0.81	-0.6	-0.61	-0.65	-0.41	-0.27	-0.54	-0.5	-0.53	-0.49	-0.55	-0.47	-0.54	-0.62	-0.92	0.5	0.14	-0.64	-0.56

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RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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Balance Sheet is a snapshot of the financial position of Empyrean Technology at a specified time, usually calculated after every quarter, six months, or one year. Empyrean Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Empyrean Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Empyrean currently owns. An asset can also be divided into two categories, current and non-current.

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Empyrean Non Current Assets Total vs Intangible Assets Analysis

Non Current Assets Total vs Intangible Assets

Non Current Assets Total vs Intangible Assets Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Intangible Assets

Empyrean Technology fundamental ratios Correlations

Empyrean Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Current Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Total Assets

Good Will	- 0.92	Non Currrent Assets Other
Capital Lease Obligations	- 0.89	Inventory
Short Term Investments	- 0.85	Long Term Debt
Good Will	- 0.84	Retained Earnings
Long Term Debt	- 0.83	Common Stock Shares Outstanding
Long Term Debt	- 0.82	Net Working Capital