63MOONS Inventory vs Intangible Assets Analysis

63MOONS Stock

579.20 1.35 0.23%

63 Moons financial indicator trend analysis is way more than just evaluating 63 moons technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 63 moons technologies is a good investment. Please check the relationship between 63 Moons Inventory and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 63 moons technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Inventory vs Intangible Assets

Inventory vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 63 moons technologies Inventory account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between 63 Moons' Inventory and Intangible Assets is -0.23. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of 63 moons technologies, assuming nothing else is changed. The correlation between historical values of 63 Moons' Inventory 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 Inventory of 63 moons technologies 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 Inventory i.e., 63 Moons' Inventory and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Inventory

Intangible Assets

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

Most indicators from 63 Moons' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 63 moons 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in 63 moons technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Selling General Administrative is likely to drop to about 9.3 M in 2024. Tax Provision is likely to drop to about 14.7 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	4.7M	6.3M	9.7M	9.2M
Depreciation And Amortization	103.9M	212.9M	302.9M	235.2M

Interest Expense Depreciation And Amortization

63 Moons fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Retained Earnings	Short Long Term Debt Total	Net Receivables	Inventory	Current Deferred Revenue	Short Term Investments	Short Term Debt
Total Assets		0.49	0.61	0.68	0.71	0.24	0.63	0.59	0.63	0.05	0.81	0.68	0.42	0.15	0.13	0.53	0.84	0.05	0.5	0.52	0.24	0.41	0.38	0.15	0.05	0.12
Other Current Liab	0.49		0.89	-0.23	0.73	0.78	0.77	0.57	0.1	-0.15	0.62	0.14	0.84	-0.09	0.26	0.92	0.74	-0.1	0.05	-0.35	0.78	0.48	0.91	-0.43	0.36	0.25
Total Current Liabilities	0.61	0.89		-0.12	0.71	0.72	0.92	0.69	-0.01	-0.17	0.62	0.21	0.78	-0.2	0.25	0.93	0.75	-0.26	0.1	-0.25	0.78	0.57	0.89	-0.28	0.2	0.54
Total Stockholder Equity	0.68	-0.23	-0.12		0.08	-0.47	-0.04	0.07	0.65	0.32	0.48	0.66	-0.32	0.36	-0.08	-0.25	0.38	0.36	0.54	0.95	-0.5	0.03	-0.35	0.59	-0.02	-0.2
Property Plant And Equipment Net	0.71	0.73	0.71	0.08		0.72	0.67	0.68	0.47	-0.31	0.56	0.33	0.86	-0.17	0.25	0.85	0.69	-0.31	0.18	-0.08	0.71	0.48	0.65	-0.45	-0.11	0.15
Net Debt	0.24	0.78	0.72	-0.47	0.72		0.64	0.39	-0.01	-0.46	0.19	-0.02	0.9	-0.26	0.09	0.87	0.33	-0.39	-0.06	-0.59	0.91	0.24	0.83	-0.71	-0.01	0.34
Accounts Payable	0.63	0.77	0.92	-0.04	0.67	0.64		0.73	0.09	-0.15	0.58	0.23	0.74	-0.17	0.15	0.87	0.73	-0.34	0.12	-0.21	0.73	0.59	0.81	-0.12	0.08	0.45
Cash	0.59	0.57	0.69	0.07	0.68	0.39	0.73		0.09	-0.23	0.57	0.01	0.7	-0.3	0.51	0.73	0.66	-0.49	-0.14	-0.09	0.69	0.6	0.52	-0.17	-0.16	0.5
Non Current Assets Total	0.63	0.1	-0.01	0.65	0.47	-0.01	0.09	0.09		0.09	0.34	0.62	0.14	0.28	-0.02	0.08	0.42	0.19	0.51	0.55	-0.14	0.2	0.01	0.21	-0.19	-0.56
Non Currrent Assets Other	0.05	-0.15	-0.17	0.32	-0.31	-0.46	-0.15	-0.23	0.09		0.23	0.42	-0.44	0.47	0.17	-0.32	0.09	0.67	0.46	0.3	-0.5	-0.2	-0.26	0.31	0.39	-0.31
Cash And Short Term Investments	0.81	0.62	0.62	0.48	0.56	0.19	0.58	0.57	0.34	0.23		0.53	0.41	0.32	0.1	0.53	0.94	0.3	0.37	0.32	0.24	0.29	0.44	0.14	0.55	0.07
Common Stock Shares Outstanding	0.68	0.14	0.21	0.66	0.33	-0.02	0.23	0.01	0.62	0.42	0.53		0.0	0.51	0.01	0.11	0.51	0.46	0.97	0.6	-0.2	0.0	0.04	0.19	0.19	-0.31
Non Current Liabilities Total	0.42	0.84	0.78	-0.32	0.86	0.9	0.74	0.7	0.14	-0.44	0.41	0.0		-0.27	0.27	0.95	0.56	-0.45	-0.1	-0.49	0.95	0.43	0.83	-0.62	-0.03	0.3
Other Current Assets	0.15	-0.09	-0.2	0.36	-0.17	-0.26	-0.17	-0.3	0.28	0.47	0.32	0.51	-0.27		-0.19	-0.24	0.13	0.86	0.54	0.3	-0.42	-0.63	-0.19	0.35	0.48	-0.53
Other Stockholder Equity	0.13	0.26	0.25	-0.08	0.25	0.09	0.15	0.51	-0.02	0.17	0.1	0.01	0.27	-0.19		0.27	0.14	-0.17	-0.01	-0.12	0.3	0.23	0.14	-0.23	-0.27	0.25
Total Liab	0.53	0.92	0.93	-0.25	0.85	0.87	0.87	0.73	0.08	-0.32	0.53	0.11	0.95	-0.24	0.27		0.68	-0.37	0.01	-0.4	0.92	0.52	0.91	-0.49	0.08	0.42
Total Current Assets	0.84	0.74	0.75	0.38	0.69	0.33	0.73	0.66	0.42	0.09	0.94	0.51	0.56	0.13	0.14	0.68		0.1	0.35	0.23	0.39	0.55	0.62	0.05	0.4	0.08
Intangible Assets	0.05	-0.1	-0.26	0.36	-0.31	-0.39	-0.34	-0.49	0.19	0.67	0.3	0.46	-0.45	0.86	-0.17	-0.37	0.1		0.49	0.36	-0.59	-0.56	-0.23	0.35	0.64	-0.52
Common Stock	0.5	0.05	0.1	0.54	0.18	-0.06	0.12	-0.14	0.51	0.46	0.37	0.97	-0.1	0.54	-0.01	0.01	0.35	0.49		0.52	-0.26	-0.09	-0.03	0.15	0.21	-0.38
Retained Earnings	0.52	-0.35	-0.25	0.95	-0.08	-0.59	-0.21	-0.09	0.55	0.3	0.32	0.6	-0.49	0.3	-0.12	-0.4	0.23	0.36	0.52		-0.63	0.02	-0.5	0.57	-0.01	-0.25
Short Long Term Debt Total	0.24	0.78	0.78	-0.5	0.71	0.91	0.73	0.69	-0.14	-0.5	0.24	-0.2	0.95	-0.42	0.3	0.92	0.39	-0.59	-0.26	-0.63		0.42	0.82	-0.66	-0.09	0.51
Net Receivables	0.41	0.48	0.57	0.03	0.48	0.24	0.59	0.6	0.2	-0.2	0.29	0.0	0.43	-0.63	0.23	0.52	0.55	-0.56	-0.09	0.02	0.42		0.48	-0.02	-0.15	0.24
Inventory	0.38	0.91	0.89	-0.35	0.65	0.83	0.81	0.52	0.01	-0.26	0.44	0.04	0.83	-0.19	0.14	0.91	0.62	-0.23	-0.03	-0.5	0.82	0.48		-0.38	0.21	0.37
Current Deferred Revenue	0.15	-0.43	-0.28	0.59	-0.45	-0.71	-0.12	-0.17	0.21	0.31	0.14	0.19	-0.62	0.35	-0.23	-0.49	0.05	0.35	0.15	0.57	-0.66	-0.02	-0.38		0.08	-0.18
Short Term Investments	0.05	0.36	0.2	-0.02	-0.11	-0.01	0.08	-0.16	-0.19	0.39	0.55	0.19	-0.03	0.48	-0.27	0.08	0.4	0.64	0.21	-0.01	-0.09	-0.15	0.21	0.08		-0.2
Short Term Debt	0.12	0.25	0.54	-0.2	0.15	0.34	0.45	0.5	-0.56	-0.31	0.07	-0.31	0.3	-0.53	0.25	0.42	0.08	-0.52	-0.38	-0.25	0.51	0.24	0.37	-0.18	-0.2

Click cells to compare fundamentals

63 Moons Account Relationship Matchups

63 Moons fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	34.0B	33.5B	33.7B	34.7B	36.5B	31.8B
Other Current Liab	264.3M	2.5B	2.5B	3.3B	1.8B	2.2B
Total Current Liabilities	2.5B	2.7B	2.8B	3.6B	3.1B	4.4B
Total Stockholder Equity	31.3B	30.6B	31.0B	31.2B	33.5B	23.4B
Property Plant And Equipment Net	2.2B	2.1B	2.1B	2.1B	2.1B	3.0B
Net Debt	(1.7B)	(1.6B)	(2.3B)	(2.1B)	(554.7M)	(526.9M)
Accounts Payable	267.7M	274.3M	292.7M	237.7M	285.0M	414.2M
Cash	1.7B	1.6B	2.3B	2.1B	606.4M	576.1M
Non Current Assets Total	16.1B	15.6B	14.2B	14.6B	17.6B	14.6B
Cash And Short Term Investments	13.4B	13.6B	15.4B	18.5B	14.2B	11.8B
Liabilities And Stockholders Equity	34.0B	33.5B	33.7B	34.7B	36.5B	31.8B
Non Current Liabilities Total	171.0M	160.5M	130.8M	203.0M	195.6M	185.8M
Other Current Assets	4.5B	3.4B	3.6B	3.9B	4.1B	4.3B
Other Stockholder Equity	(27.5B)	7.1B	7.6B	4.7B	1.6B	1.5B
Total Liab	2.7B	2.9B	2.9B	3.8B	3.3B	6.0B
Total Current Assets	17.9B	17.8B	19.5B	20.1B	18.8B	16.2B
Accumulated Other Comprehensive Income	(2.0B)	2.9B	3.0B	3.2B	3.2B	3.4B
Intangible Assets	487.7M	470.5M	651.0M	730.5M	566.1M	594.4M
Retained Earnings	24.1B	23.4B	23.3B	23.2B	28.6B	18.3B
Short Long Term Debt Total	17.0M	5.0M	2.8M	42.0M	51.7M	49.1M
Net Receivables	(420.5M)	432.9M	240.6M	448.8M	464.6M	441.4M
Inventory	420.5M	308.4M	209.7M	193.8M	191.8M	182.2M
Current Deferred Revenue	2.0B	2.2B	910.7M	1.9B	954.2M	1.2B
Short Term Investments	11.7B	12.0B	13.1B	16.4B	13.6B	12.3B
Short Term Debt	8.2M	1.1M	1.5M	16.1M	(925.6M)	(879.4M)
Other Assets	2.2B	1.1B	3.0B	2.4B	1.0	0.95
Long Term Debt Total	8.8M	3.9M	1.3M	25.9M	23.3M	22.2M
Property Plant Equipment	2.2B	2.1B	2.1B	2.1B	1.9B	2.0B
Non Current Liabilities Other	39.6M	711K	2.0M	1.0M	948K	900.6K
Cash And Equivalents	1.5B	1.5B	2.2B	10.0B	11.5B	12.0B
Net Invested Capital	31.3B	30.6B	31.0B	31.2B	33.5B	25.4B
Net Working Capital	15.4B	15.1B	16.7B	16.5B	15.8B	17.5B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for 63MOONS Stock Analysis

When running 63 Moons' price analysis, check to measure 63 Moons' 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 63 Moons is operating at the current time. Most of 63 Moons' value examination focuses on studying past and present price action to predict the probability of 63 Moons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 63 Moons' price. Additionally, you may evaluate how the addition of 63 Moons to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

63MOONS Inventory vs Intangible Assets Analysis

Inventory vs Intangible Assets

Inventory vs Intangible Assets Correlation Analysis

Correlation Coefficient

Inventory

Intangible Assets

63 Moons fundamental ratios Correlations

63 Moons Account Relationship Matchups

High Positive Relationship

High Negative Relationship

63 Moons fundamental ratios Accounts

Also Currently Popular

Additional Tools for 63MOONS Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 0.97	Common Stock Shares Outstanding
Retained Earnings	+ 0.95	Total Stockholder Equity
Total Liab	+ 0.95	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.95	Non Current Liabilities Total
Total Current Assets	+ 0.94	Cash And Short Term Investments
Total Liab	+ 0.93	Total Current Liabilities

Current Deferred Revenue	- 0.71	Net Debt
Current Deferred Revenue	- 0.66	Short Long Term Debt Total
Short Long Term Debt Total	- 0.63	Retained Earnings
Net Receivables	- 0.63	Other Current Assets
Current Deferred Revenue	- 0.62	Non Current Liabilities Total
Short Long Term Debt Total	- 0.59	Intangible Assets