Akoustis Non Current Liabilities Total vs Other Stockholder Equity Analysis

AKTS Stock

USD 0.1 0.01 7.81%

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 Non Current Liabilities Total and its Other Stockholder Equity 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.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akoustis Technologies Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Akoustis Technologies' Non Current Liabilities Total and Other Stockholder Equity is 0.88. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity 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' Non Current Liabilities Total and Other Stockholder Equity 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 Liabilities Total of Akoustis Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Akoustis Technologies' Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Non Current Liabilities Total

Other Stockholder Equity

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

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Retained Earnings Total Equity	Common Stock Shares Outstanding	Capital Surpluse	Other Stockholder Equity	Non Current Liabilities Other	Other Current Liab	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets
Total Assets		0.59	0.28	0.68	-0.42	-0.63	0.92	0.92	0.76	0.73	0.5	0.96	-0.18	0.58	0.9	-0.86	0.66	0.8	0.83	-0.09	0.26	0.97	0.77	0.94	0.28	0.27
Short Long Term Debt Total	0.59		0.75	-0.1	0.37	-0.85	0.38	0.38	0.85	0.92	0.88	0.46	0.49	0.84	0.45	-0.83	0.85	0.82	0.81	0.1	0.73	0.62	0.88	0.7	0.24	0.24
Total Current Liabilities	0.28	0.75		-0.49	0.49	-0.92	0.18	0.18	0.82	0.7	0.95	0.24	0.48	0.94	0.36	-0.72	0.9	0.8	0.77	-0.28	1.0	0.23	0.77	0.33	-0.08	-0.06
Total Stockholder Equity	0.68	-0.1	-0.49		-0.84	0.12	0.74	0.74	0.07	0.05	-0.29	0.71	-0.51	-0.18	0.6	-0.22	-0.08	0.13	0.17	0.1	-0.51	0.67	0.09	0.55	0.23	0.2
Net Debt	-0.42	0.37	0.49	-0.84		-0.26	-0.67	-0.67	0.11	0.28	0.44	-0.6	0.42	0.28	-0.57	-0.03	0.22	0.04	0.01	0.0	0.5	-0.31	0.18	-0.15	-0.14	-0.12
Retained Earnings	-0.63	-0.85	-0.92	0.12	-0.26		-0.48	-0.48	-0.98	-0.87	-0.97	-0.56	-0.3	-0.99	-0.63	0.93	-1.0	-0.97	-0.96	0.26	-0.91	-0.59	-0.94	-0.67	-0.04	-0.06
Cash	0.92	0.38	0.18	0.74	-0.67	-0.48		1.0	0.63	0.51	0.33	0.99	-0.22	0.45	0.95	-0.69	0.53	0.67	0.7	-0.15	0.15	0.83	0.58	0.73	0.33	0.32
Cash And Short Term Investments	0.92	0.38	0.18	0.74	-0.67	-0.48	1.0		0.63	0.51	0.33	0.99	-0.22	0.45	0.95	-0.69	0.53	0.67	0.7	-0.15	0.15	0.83	0.58	0.73	0.33	0.32
Common Stock Total Equity	0.76	0.85	0.82	0.07	0.11	-0.98	0.63	0.63		0.89	0.92	0.7	0.24	0.96	0.74	-0.98	0.99	0.99	0.99	-0.23	0.81	0.73	0.95	0.78	0.13	0.14
Non Current Liabilities Total	0.73	0.92	0.7	0.05	0.28	-0.87	0.51	0.51	0.89		0.89	0.6	0.15	0.84	0.55	-0.91	0.88	0.88	0.88	-0.12	0.68	0.76	0.94	0.83	0.34	0.34
Total Liab	0.5	0.88	0.95	-0.29	0.44	-0.97	0.33	0.33	0.92	0.89		0.41	0.37	0.97	0.47	-0.86	0.96	0.9	0.88	-0.24	0.94	0.48	0.9	0.57	0.09	0.1
Total Current Assets	0.96	0.46	0.24	0.71	-0.6	-0.56	0.99	0.99	0.7	0.6	0.41		-0.2	0.52	0.96	-0.77	0.6	0.74	0.77	-0.14	0.22	0.88	0.66	0.81	0.31	0.29
Short Term Debt	-0.18	0.49	0.48	-0.51	0.42	-0.3	-0.22	-0.22	0.24	0.15	0.37	-0.2		0.36	-0.1	-0.1	0.29	0.18	0.15	0.44	0.49	-0.18	0.15	-0.12	-0.11	-0.11
Common Stock	0.58	0.84	0.94	-0.18	0.28	-0.99	0.45	0.45	0.96	0.84	0.97	0.52	0.36		0.6	-0.9	0.99	0.95	0.93	-0.25	0.93	0.53	0.91	0.61	0.04	0.05
Net Tangible Assets	0.9	0.45	0.36	0.6	-0.57	-0.63	0.95	0.95	0.74	0.55	0.47	0.96	-0.1	0.6		-0.78	0.66	0.78	0.8	-0.21	0.34	0.78	0.66	0.73	0.17	0.17
Retained Earnings Total Equity	-0.86	-0.83	-0.72	-0.22	-0.03	0.93	-0.69	-0.69	-0.98	-0.91	-0.86	-0.77	-0.1	-0.9	-0.78		-0.94	-0.98	-0.99	0.19	-0.7	-0.83	-0.96	-0.88	-0.15	-0.15
Common Stock Shares Outstanding	0.66	0.85	0.9	-0.08	0.22	-1.0	0.53	0.53	0.99	0.88	0.96	0.6	0.29	0.99	0.66	-0.94		0.98	0.97	-0.28	0.89	0.63	0.94	0.69	0.08	0.09
Capital Surpluse	0.8	0.82	0.8	0.13	0.04	-0.97	0.67	0.67	0.99	0.88	0.9	0.74	0.18	0.95	0.78	-0.98	0.98		1.0	-0.24	0.78	0.75	0.95	0.8	0.09	0.1
Other Stockholder Equity	0.83	0.81	0.77	0.17	0.01	-0.96	0.7	0.7	0.99	0.88	0.88	0.77	0.15	0.93	0.8	-0.99	0.97	1.0		-0.23	0.75	0.78	0.95	0.82	0.11	0.11
Non Current Liabilities Other	-0.09	0.1	-0.28	0.1	0.0	0.26	-0.15	-0.15	-0.23	-0.12	-0.24	-0.14	0.44	-0.25	-0.21	0.19	-0.28	-0.24	-0.23		-0.28	-0.02	-0.2	-0.02	0.01	0.0
Other Current Liab	0.26	0.73	1.0	-0.51	0.5	-0.91	0.15	0.15	0.81	0.68	0.94	0.22	0.49	0.93	0.34	-0.7	0.89	0.78	0.75	-0.28		0.21	0.75	0.31	-0.09	-0.07
Property Plant And Equipment Net	0.97	0.62	0.23	0.67	-0.31	-0.59	0.83	0.83	0.73	0.76	0.48	0.88	-0.18	0.53	0.78	-0.83	0.63	0.75	0.78	-0.02	0.21		0.77	0.98	0.3	0.28
Accounts Payable	0.77	0.88	0.77	0.09	0.18	-0.94	0.58	0.58	0.95	0.94	0.9	0.66	0.15	0.91	0.66	-0.96	0.94	0.95	0.95	-0.2	0.75	0.77		0.83	0.09	0.08
Non Current Assets Total	0.94	0.7	0.33	0.55	-0.15	-0.67	0.73	0.73	0.78	0.83	0.57	0.81	-0.12	0.61	0.73	-0.88	0.69	0.8	0.82	-0.02	0.31	0.98	0.83		0.22	0.2
Non Currrent Assets Other	0.28	0.24	-0.08	0.23	-0.14	-0.04	0.33	0.33	0.13	0.34	0.09	0.31	-0.11	0.04	0.17	-0.15	0.08	0.09	0.11	0.01	-0.09	0.3	0.09	0.22		1.0
Other Assets	0.27	0.24	-0.06	0.2	-0.12	-0.06	0.32	0.32	0.14	0.34	0.1	0.29	-0.11	0.05	0.17	-0.15	0.09	0.1	0.11	0.0	-0.07	0.28	0.08	0.2	1.0

Click cells to compare fundamentals

Akoustis Technologies Account Relationship Matchups

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Akoustis Stock Analysis

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