Aehr Historical Balance Sheet

AEHR Stock  USD 12.67  0.51  4.19%   
Trend analysis of Aehr Test Systems balance sheet accounts such as Short Long Term Debt Total of 3.7 M, Other Current Liabilities of 4.4 M or Total Current Liabilities of 7 M provides information on Aehr Test's total assets, liabilities, and equity, which is the actual value of Aehr Test Systems to its prevalent stockholders. By breaking down trends over time using Aehr Test balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Aehr Test Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Aehr Test Systems is a good buy for the upcoming year.

Aehr Test Inventory

39.34 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aehr Test Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

About Aehr Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Aehr Test Systems at a specified time, usually calculated after every quarter, six months, or one year. Aehr Test Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aehr Test 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 Aehr currently owns. An asset can also be divided into two categories, current and non-current.

Aehr Test Balance Sheet Chart

At this time, Aehr Test's Cash And Short Term Investments are relatively stable compared to the past year. As of 11/26/2024, Common Stock Shares Outstanding is likely to grow to about 31.1 M, while Total Current Liabilities is likely to drop slightly above 7 M.

Total Assets

Total assets refers to the total amount of Aehr Test assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aehr Test Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Aehr Test balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aehr Test Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Aehr Test Systems, which is listed under current asset account on Aehr Test Systems balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aehr Test customers. The amounts must be unrestricted with restricted cash listed in a different Aehr Test account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Long Term Debt

Long-term debt is a debt that Aehr Test Systems has held for over one year. Long-term debt appears on Aehr Test Systems balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Aehr Test Systems balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Aehr Test's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Aehr Test Systems current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Aehr Test Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, Aehr Test's Cash And Short Term Investments are relatively stable compared to the past year. As of 11/26/2024, Common Stock Shares Outstanding is likely to grow to about 31.1 M, while Total Current Liabilities is likely to drop slightly above 7 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.0M6.3M6.2M3.7M
Total Assets62.3M98.1M127.9M134.3M

Aehr Test balance sheet Correlations

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0.290.320.430.230.39-0.150.020.350.250.260.120.30.150.30.630.270.290.260.70.330.290.160.070.390.32
0.780.320.720.750.79-0.630.70.890.660.670.610.720.750.40.340.780.780.450.650.750.790.1-0.280.310.69
0.460.430.720.410.46-0.390.320.790.410.20.460.520.790.30.120.380.480.30.860.330.530.380.090.220.77
1.00.230.750.410.94-0.960.450.760.970.930.150.960.620.770.540.980.660.850.460.960.98-0.13-0.240.70.14
0.950.390.790.460.94-0.820.420.830.860.890.140.910.640.740.650.950.60.810.580.970.94-0.14-0.270.670.31
-0.95-0.15-0.63-0.39-0.96-0.82-0.31-0.67-0.99-0.84-0.04-0.96-0.62-0.8-0.46-0.9-0.58-0.88-0.43-0.86-0.950.150.1-0.740.01
0.450.020.70.320.450.42-0.310.420.340.560.80.310.19-0.180.130.530.72-0.090.230.50.40.09-0.35-0.240.44
0.80.350.890.790.760.83-0.670.420.70.580.270.810.880.560.450.730.550.630.780.720.84-0.03-0.080.450.68
0.970.250.660.410.970.86-0.990.340.70.870.070.970.590.790.550.930.620.880.480.890.97-0.11-0.110.750.02
0.920.260.670.20.930.89-0.840.560.580.870.240.820.350.620.560.970.710.70.30.970.87-0.11-0.390.590.0
0.170.120.610.460.150.14-0.040.80.270.070.240.030.16-0.25-0.210.240.75-0.270.190.180.140.54-0.42-0.260.53
0.970.30.720.520.960.91-0.960.310.810.970.820.030.70.810.590.910.540.890.60.890.99-0.16-0.040.730.19
0.650.150.750.790.620.64-0.620.190.880.590.350.160.70.570.190.550.40.610.710.510.72-0.030.00.450.61
0.760.30.40.30.770.74-0.8-0.180.560.790.62-0.250.810.570.40.710.320.970.360.70.78-0.01-0.150.96-0.08
0.570.630.340.120.540.65-0.460.130.450.550.56-0.210.590.190.40.550.220.510.570.630.56-0.520.220.430.11
0.980.270.780.380.980.95-0.90.530.730.930.970.240.910.550.710.550.710.780.440.980.95-0.1-0.310.640.15
0.670.290.780.480.660.6-0.580.720.550.620.710.750.540.40.320.220.710.340.370.670.630.33-0.470.350.29
0.840.260.450.30.850.81-0.88-0.090.630.880.7-0.270.890.610.970.510.780.340.410.780.86-0.17-0.070.93-0.07
0.530.70.650.860.460.58-0.430.230.780.480.30.190.60.710.360.570.440.370.410.450.580.010.260.320.67
0.960.330.750.330.960.97-0.860.50.720.890.970.180.890.510.70.630.980.670.780.450.93-0.13-0.340.650.16
0.990.290.790.530.980.94-0.950.40.840.970.870.140.990.720.780.560.950.630.860.580.93-0.12-0.140.70.25
-0.120.160.10.38-0.13-0.140.150.09-0.03-0.11-0.110.54-0.16-0.03-0.01-0.52-0.10.33-0.170.01-0.13-0.12-0.420.020.16
-0.210.07-0.280.09-0.24-0.270.1-0.35-0.08-0.11-0.39-0.42-0.040.0-0.150.22-0.31-0.47-0.070.26-0.34-0.14-0.42-0.140.03
0.70.390.310.220.70.67-0.74-0.240.450.750.59-0.260.730.450.960.430.640.350.930.320.650.70.02-0.14-0.17
0.190.320.690.770.140.310.010.440.680.020.00.530.190.61-0.080.110.150.29-0.070.670.160.250.160.03-0.17
Click cells to compare fundamentals

Aehr Test Account Relationship Matchups

Aehr Test balance sheet Accounts

201920202021202220232024 (projected)
Total Assets20.6M21.7M62.3M98.1M127.9M134.3M
Other Current Liab1.4M1.4M2.7M4.8M4.1M4.4M
Total Current Liabilities3.9M9.1M11.0M16.3M10.5M7.0M
Total Stockholder Equity14.1M11.4M51.0M75.6M111.6M117.2M
Property Plant And Equipment Net2.8M2.3M2.1M8.9M9.0M9.4M
Net Debt(1.5M)241K(30.5M)(23.8M)(43.0M)(40.8M)
Retained Earnings(74.3M)(76.3M)(66.9M)(52.3M)(19.2M)(20.1M)
Accounts Payable945K2.9M4.2M9.2M5.3M5.6M
Cash5.4M4.6M31.5M30.1M49.2M51.6M
Non Current Assets Total2.9M2.5M2.3M9.1M30.1M31.6M
Non Currrent Assets Other73K118K121K81K304K288.8K
Cash And Short Term Investments5.4M4.6M31.5M47.9M49.2M51.6M
Net Receivables3.7M5.2M12.9M16.6M10.0M5.4M
Common Stock Shares Outstanding22.9M23.5M27.8M29.2M29.6M31.1M
Liabilities And Stockholders Equity20.6M21.7M62.3M98.1M127.9M134.3M
Non Current Liabilities Total2.7M1.2M325K6.2M5.8M6.1M
Inventory8.0M8.8M15.1M23.9M37.5M39.3M
Other Current Assets512K1.1M1.2M621K2.4M2.6M
Other Stockholder Equity85.9M87.6M117.7M127.8M130.6M137.1M
Total Liab6.5M10.2M11.3M22.5M16.3M8.6M
Property Plant And Equipment Gross2.8M2.3M2.1M8.9M14.0M14.7M
Total Current Assets17.7M19.2M60.0M89.0M97.8M102.7M
Accumulated Other Comprehensive Income2.2M(28K)(105K)(155K)(158K)(150.1K)
Current Deferred Revenue170K189K2.4M2.8M97K92.2K
Common Stock Total Equity221K227K231K237K272.6K286.2K
Common Stock231K237K271K285K289K147.2K
Other Liab22K148K113K72K64.8K61.6K
Other Assets153K198K201K231K207.9K380.5K
Property Plant Equipment2.8M2.3M2.1M8.9M10.2M10.7M
Net Tangible Assets14.1M11.4M51.0M75.6M86.9M91.3M
Retained Earnings Total Equity(66.2M)(71.5M)(74.3M)(76.3M)(68.7M)(72.1M)
Capital Surpluse85.9M87.6M117.7M127.8M146.9M85.6M
Deferred Long Term Liab522K342K22K99K113.9K173.1K

Pair Trading with Aehr Test

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aehr Test position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aehr Test will appreciate offsetting losses from the drop in the long position's value.

Moving against Aehr Stock

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The ability to find closely correlated positions to Aehr Test could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aehr Test when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aehr Test - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aehr Test Systems to buy it.
The correlation of Aehr Test is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aehr Test moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aehr Test Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aehr Test can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Aehr Stock Analysis

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