Akoustis Common Stock Shares Outstanding vs Non Current Assets Total Analysis
AKTS Stock | USD 0.1 0.0002 0.20% |
Akoustis Technologies financial indicator trend analysis is way more than just evaluating Akoustis Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akoustis Technologies is a good investment. Please check the relationship between Akoustis Technologies Common Stock Shares Outstanding and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akoustis 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 estimate. For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.
Common Stock Shares Outstanding vs Non Current Assets Total
Common Stock Shares Outstanding vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akoustis Technologies Common Stock Shares Outstanding account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Akoustis Technologies' Common Stock Shares Outstanding and Non Current Assets Total is 0.69. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Akoustis Technologies, assuming nothing else is changed. The correlation between historical values of Akoustis Technologies' Common Stock Shares Outstanding and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Akoustis Technologies are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Shares Outstanding i.e., Akoustis Technologies' Common Stock Shares Outstanding and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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.Most indicators from Akoustis Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akoustis 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 Akoustis 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 estimate. For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.At this time, Akoustis Technologies' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to 6,300 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (2.4 K) in 2024.
Akoustis Technologies fundamental ratios Correlations
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Akoustis Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Akoustis Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 71.4M | 125.0M | 161.3M | 148.9M | 69.7M | 62.4M | |
Short Long Term Debt Total | 23.9M | 472K | 44.9M | 45.4M | 52.9M | 55.5M | |
Total Current Liabilities | 6.1M | 7.3M | 12.7M | 17.6M | 84.4M | 88.6M | |
Total Stockholder Equity | 41.5M | 117.4M | 103.4M | 86.2M | (57.1M) | (54.2M) | |
Net Debt | (20.4M) | (87.9M) | (35.6M) | 2.3M | 28.4M | 29.8M | |
Retained Earnings | (103.6M) | (147.8M) | (206.8M) | (270.4M) | (438.5M) | (416.6M) | |
Cash | 44.3M | 88.3M | 80.5M | 43.1M | 24.4M | 31.5M | |
Cash And Short Term Investments | 44.3M | 88.3M | 80.5M | 43.1M | 24.4M | 31.5M | |
Common Stock Total Equity | 38K | 51K | 57K | 72K | 82.8K | 86.9K | |
Liabilities And Stockholders Equity | 71.4M | 125.0M | 161.3M | 148.9M | 69.7M | 62.4M | |
Non Current Liabilities Total | 23.8M | 319K | 45.3M | 45.1M | 42.5M | 44.6M | |
Total Liab | 29.9M | 7.6M | 57.9M | 62.7M | 126.8M | 133.2M | |
Total Current Assets | 46.2M | 93.2M | 91.7M | 59.8M | 36.8M | 36.1M | |
Common Stock | 38K | 51K | 57K | 72K | 123K | 129.2K | |
Net Tangible Assets | 41.0M | 116.8M | 86.4M | 56.4M | 64.9M | 39.3M | |
Retained Earnings Total Equity | (103.6M) | (147.8M) | (206.8M) | (270.4M) | (243.3M) | (231.2M) | |
Common Stock Shares Outstanding | 33.7M | 43.4M | 54.0M | 63.6M | 89.1M | 93.5M | |
Capital Surpluse | 145.1M | 265.1M | 310.2M | 356.5M | 410.0M | 430.5M | |
Other Stockholder Equity | 145.1M | 265.1M | 310.2M | 356.5M | 381.3M | 400.4M | |
Non Current Liabilities Other | 1.3M | 563K | 117K | 708K | 976K | 111.2K | |
Other Current Liab | 3.8M | 5.5M | 8.4M | 12.6M | 69.7M | 73.2M | |
Property Plant And Equipment Net | 24.3M | 31.2M | 52.3M | 59.2M | 13.8M | 23.9M | |
Accounts Payable | 2.1M | 1.2M | 3.6M | 4.0M | 4.0M | 4.2M | |
Non Current Assets Total | 25.2M | 31.8M | 69.6M | 89.1M | 33.0M | 31.5M | |
Non Currrent Assets Other | 382K | 25K | 279K | 72K | 71K | 67.5K | |
Other Assets | 382K | 25K | 279K | 72K | 82.8K | 78.7K | |
Long Term Debt | 18.2M | 23.2M | 43.7M | 784K | 41.9M | 44.0M | |
Inventory | 136K | 1.4M | 4.1M | 7.5M | 2.2M | 1.7M | |
Other Current Assets | 1.4M | 2.3M | 3.4M | 4.4M | 4.8M | 5.0M | |
Property Plant And Equipment Gross | 23.6M | 31.2M | 52.3M | 59.2M | 14.5M | 23.9M | |
Intangible Assets | 544K | 572K | 9.0M | 15.2M | 12.6M | 13.2M | |
Property Plant Equipment | 24.3M | 31.2M | 51.2M | 57.8M | 66.5M | 69.8M | |
Deferred Long Term Liab | 23.8M | 319K | 45.3M | 43.3M | 49.8M | 52.3M | |
Net Receivables | 351K | 1.2M | 3.8M | 4.8M | 5.3M | 5.6M |
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