Aspen Operating Income vs Total Revenue Analysis

ASPN Stock

USD 14.31 0.31 2.21%

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

To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.

Operating Income vs Total Revenue

Operating Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aspen Aerogels Operating Income account and Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Aspen Aerogels' Operating Income and Total Revenue is -0.58. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Aspen Aerogels, assuming nothing else is changed. The correlation between historical values of Aspen Aerogels' Operating Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Aspen Aerogels are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Operating Income i.e., Aspen Aerogels' Operating Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Aspen Aerogels operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Aspen Aerogels is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Revenue

Total revenue comprises all receipts Aspen Aerogels generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Aspen Aerogels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aspen Aerogels 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 Aspen Aerogels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.At this time, Aspen Aerogels' Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 1.1 B, while Issuance Of Capital Stock is likely to drop about 214.1 M.

	2021	2023	2024 (projected)
Interest Expense	229K	5.3M	6.5M
Depreciation And Amortization	9.4M	18.2M	19.1M

Interest Expense Depreciation And Amortization

Aspen Aerogels fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Assets
Total Assets		0.64	0.92	0.97	0.97	0.97	0.34	-0.39	-0.81	0.99	0.88	0.98	0.89	0.88	0.96	0.92	0.65	0.94	0.99	0.72	0.79	0.95	0.96	-0.04	0.68	0.71
Short Long Term Debt Total	0.64		0.72	0.71	0.43	0.67	0.06	0.34	-0.3	0.62	0.49	0.67	0.61	0.49	0.6	0.57	0.98	0.6	0.61	0.18	0.96	0.65	0.56	0.4	0.42	0.44
Other Current Liab	0.92	0.72		0.91	0.84	0.93	0.3	-0.18	-0.63	0.9	0.75	0.93	0.9	0.75	0.87	0.86	0.76	0.87	0.9	0.5	0.86	0.92	0.84	-0.08	0.64	0.6
Total Current Liabilities	0.97	0.71	0.91		0.91	0.93	0.47	-0.32	-0.81	0.98	0.87	0.93	0.89	0.87	0.95	0.89	0.7	0.9	0.96	0.71	0.84	0.9	0.95	0.13	0.75	0.67
Total Stockholder Equity	0.97	0.43	0.84	0.91		0.93	0.37	-0.56	-0.87	0.96	0.87	0.93	0.83	0.87	0.94	0.89	0.43	0.92	0.96	0.8	0.61	0.9	0.95	-0.17	0.65	0.69
Property Plant And Equipment Net	0.97	0.67	0.93	0.93	0.93		0.21	-0.23	-0.78	0.94	0.75	1.0	0.83	0.75	0.95	0.95	0.67	0.97	0.95	0.64	0.8	0.99	0.87	-0.02	0.65	0.68
Current Deferred Revenue	0.34	0.06	0.3	0.47	0.37	0.21		-0.5	-0.58	0.42	0.51	0.21	0.44	0.51	0.39	0.29	0.05	0.28	0.42	0.54	0.18	0.16	0.48	0.02	0.65	0.34
Net Debt	-0.39	0.34	-0.18	-0.32	-0.56	-0.23	-0.5		0.49	-0.44	-0.65	-0.23	-0.42	-0.65	-0.31	-0.21	0.3	-0.23	-0.41	-0.62	0.13	-0.17	-0.56	0.47	-0.29	-0.31
Retained Earnings	-0.81	-0.3	-0.63	-0.81	-0.87	-0.78	-0.58	0.49		-0.83	-0.7	-0.78	-0.63	-0.7	-0.87	-0.84	-0.24	-0.85	-0.85	-0.85	-0.44	-0.76	-0.8	-0.03	-0.75	-0.72
Accounts Payable	0.99	0.62	0.9	0.98	0.96	0.94	0.42	-0.44	-0.83		0.91	0.94	0.88	0.91	0.95	0.88	0.61	0.91	0.97	0.75	0.77	0.91	0.97	-0.05	0.7	0.66
Cash	0.88	0.49	0.75	0.87	0.87	0.75	0.51	-0.65	-0.7	0.91		0.75	0.88	1.0	0.77	0.66	0.51	0.69	0.87	0.72	0.66	0.68	0.97	-0.11	0.61	0.64
Non Current Assets Total	0.98	0.67	0.93	0.93	0.93	1.0	0.21	-0.23	-0.78	0.94	0.75		0.83	0.75	0.95	0.95	0.67	0.97	0.95	0.64	0.8	0.99	0.88	-0.02	0.65	0.68
Non Currrent Assets Other	0.89	0.61	0.9	0.89	0.83	0.83	0.44	-0.42	-0.63	0.88	0.88	0.83		0.88	0.77	0.79	0.67	0.78	0.91	0.58	0.79	0.8	0.91	-0.03	0.72	0.68
Cash And Short Term Investments	0.88	0.49	0.75	0.87	0.87	0.75	0.51	-0.65	-0.7	0.91	1.0	0.75	0.88		0.77	0.66	0.51	0.69	0.87	0.72	0.66	0.68	0.97	-0.11	0.61	0.64
Net Receivables	0.96	0.6	0.87	0.95	0.94	0.95	0.39	-0.31	-0.87	0.95	0.77	0.95	0.77	0.77		0.93	0.57	0.94	0.94	0.75	0.73	0.94	0.89	0.05	0.69	0.64
Common Stock Shares Outstanding	0.92	0.57	0.86	0.89	0.89	0.95	0.29	-0.21	-0.84	0.88	0.66	0.95	0.79	0.66	0.93		0.57	0.98	0.93	0.68	0.71	0.96	0.81	0.09	0.71	0.74
Non Current Liabilities Total	0.65	0.98	0.76	0.7	0.43	0.67	0.05	0.3	-0.24	0.61	0.51	0.67	0.67	0.51	0.57	0.57		0.59	0.62	0.14	0.97	0.66	0.57	0.32	0.44	0.46
Inventory	0.94	0.6	0.87	0.9	0.92	0.97	0.28	-0.23	-0.85	0.91	0.69	0.97	0.78	0.69	0.94	0.98	0.59		0.95	0.69	0.73	0.97	0.84	0.02	0.72	0.77
Other Current Assets	0.99	0.61	0.9	0.96	0.96	0.95	0.42	-0.41	-0.85	0.97	0.87	0.95	0.91	0.87	0.94	0.93	0.62	0.95		0.75	0.77	0.93	0.96	-0.01	0.75	0.8
Other Stockholder Equity	0.72	0.18	0.5	0.71	0.8	0.64	0.54	-0.62	-0.85	0.75	0.72	0.64	0.58	0.72	0.75	0.68	0.14	0.69	0.75		0.33	0.6	0.77	-0.05	0.57	0.57
Total Liab	0.79	0.96	0.86	0.84	0.61	0.8	0.18	0.13	-0.44	0.77	0.66	0.8	0.79	0.66	0.73	0.71	0.97	0.73	0.77	0.33		0.78	0.73	0.28	0.57	0.56
Property Plant And Equipment Gross	0.95	0.65	0.92	0.9	0.9	0.99	0.16	-0.17	-0.76	0.91	0.68	0.99	0.8	0.68	0.94	0.96	0.66	0.97	0.93	0.6	0.78		0.82	-0.01	0.64	0.67
Total Current Assets	0.96	0.56	0.84	0.95	0.95	0.87	0.48	-0.56	-0.8	0.97	0.97	0.88	0.91	0.97	0.89	0.81	0.57	0.84	0.96	0.77	0.73	0.82		-0.07	0.68	0.7
Short Term Debt	-0.04	0.4	-0.08	0.13	-0.17	-0.02	0.02	0.47	-0.03	-0.05	-0.11	-0.02	-0.03	-0.11	0.05	0.09	0.32	0.02	-0.01	-0.05	0.28	-0.01	-0.07		0.13	0.03
Common Stock	0.68	0.42	0.64	0.75	0.65	0.65	0.65	-0.29	-0.75	0.7	0.61	0.65	0.72	0.61	0.69	0.71	0.44	0.72	0.75	0.57	0.57	0.64	0.68	0.13		0.71
Other Assets	0.71	0.44	0.6	0.67	0.69	0.68	0.34	-0.31	-0.72	0.66	0.64	0.68	0.68	0.64	0.64	0.74	0.46	0.77	0.8	0.57	0.56	0.67	0.7	0.03	0.71

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Aspen Aerogels Account Relationship Matchups

Aspen Aerogels fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	103.5M	97.4M	183.0M	646.6M	703.0M	738.2M
Short Long Term Debt Total	8.5M	8.3M	15.2M	126.7M	138.8M	145.7M
Other Current Liab	8.1M	2.8M	8.6M	16.0M	20.9M	22.0M
Total Current Liabilities	30.4M	13.9M	36.6M	79.3M	78.1M	82.0M
Total Stockholder Equity	59.0M	67.9M	128.4M	447.4M	488.1M	512.5M
Property Plant And Equipment Net	57.6M	50.2M	69.3M	274.4M	434.4M	456.2M
Current Deferred Revenue	5.6M	2.0M	6.0M	5.8M	2.3M	2.4M
Net Debt	4.8M	(8.2M)	(61.3M)	(154.7M)	(951K)	(998.6K)
Retained Earnings	(486.2M)	(508.0M)	(545.1M)	(627.8M)	(673.6M)	(707.3M)
Accounts Payable	12.6M	5.4M	17.4M	54.7M	51.1M	53.6M
Cash	3.6M	16.5M	76.6M	281.3M	139.7M	146.7M
Non Current Assets Total	57.7M	50.3M	70.8M	276.9M	436.7M	458.6M
Cash And Short Term Investments	3.6M	16.5M	76.6M	281.3M	139.7M	146.7M
Net Receivables	32.3M	15.7M	20.4M	57.4M	70.0M	73.5M
Common Stock Shares Outstanding	24.1M	26.4M	30.4M	39.4M	69.4M	72.9M
Liabilities And Stockholders Equity	103.5M	97.4M	183.0M	203.2M	703.0M	738.2M
Non Current Liabilities Total	14.1M	15.6M	18.0M	123.9M	136.9M	143.7M
Inventory	8.8M	13.1M	12.0M	22.5M	39.2M	41.1M
Other Current Assets	1.1M	3.7M	6.0M	15.7M	17.4M	18.3M
Other Stockholder Equity	545.1M	575.8M	673.5M	1.1B	1.2B	605.4M
Total Liab	44.5M	29.6M	54.5M	203.2M	215.0M	225.7M
Property Plant And Equipment Gross	57.6M	50.2M	69.3M	274.4M	575.7M	604.5M
Total Current Assets	45.8M	47.1M	112.2M	369.7M	266.3M	279.6M
Short Term Debt	4.2M	3.7M	4.5M	2.4M	3.7M	3.7M
Common Stock	70.3M	59.0M	67.9M	128.4M	147.7M	155.1M
Other Assets	84K	3.6M	1.5M	2.5M	2.9M	3.0M
Property Plant Equipment	57.6M	46.7M	69.3M	259.2M	298.1M	313.0M
Other Liab	5.7M	9.8M	10.0M	5M	5.8M	4.3M
Net Tangible Assets	59.0M	67.9M	128.4M	447.4M	514.6M	540.3M
Retained Earnings Total Equity	(486.2M)	(508.0M)	(545.1M)	(627.8M)	(565.0M)	(593.3M)
Capital Surpluse	545.1M	575.8M	673.5M	1.1B	1.2B	676.3M
Short Long Term Debt	3.8M	4.2M	3.1M	1.6M	1.9M	2.0M
Non Current Liabilities Other	14.1M	13.6M	18.0M	13.5M	15.5M	10.4M
Net Invested Capital	62.1M	71.5M	128.4M	107.7M	603.0M	633.2M

Pair Trading with Aspen Aerogels

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 Aspen Aerogels 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 Aspen Aerogels will appreciate offsetting losses from the drop in the long position's value.

Moving against Aspen Stock

0.86	AWI	Armstrong World Indu	Pair Corr
0.81	AAON	AAON Inc	Pair Corr
0.77	APOG	Apogee Enterprises	Pair Corr
0.76	JCI	Johnson Controls Int Fiscal Year End 10th of December 2024	Pair Corr
0.75	OC	Owens Corning	Pair Corr

The ability to find closely correlated positions to Aspen Aerogels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspen Aerogels 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 Aspen Aerogels - 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 Aspen Aerogels to buy it.

The correlation of Aspen Aerogels 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 Aspen Aerogels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Aerogels 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 Aspen Aerogels 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 Correlation Correlation Matching

When determining whether Aspen Aerogels offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen Aerogels' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aspen Aerogels Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Aerogels Stock:

How To Invest In Aspen

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Is Aspen Stock a good investment?

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What is Aspen Aerogels' Net Worth?

Details

Largest Oil & Gas Equipment & Services Companies

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

To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aspen Aerogels. If investors know Aspen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aspen Aerogels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

0.02

Revenue Per Share

5.532

Quarterly Revenue Growth

0.931

Return On Assets

0.0433

Return On Equity

0.0033

The market value of Aspen Aerogels is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Aerogels' value that differs from its market value or its book value, called intrinsic value, which is Aspen Aerogels' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aspen Aerogels' market value can be influenced by many factors that don't directly affect Aspen Aerogels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Aspen Aerogels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Aerogels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Aerogels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Aspen Operating Income vs Total Revenue Analysis

Operating Income vs Total Revenue

Operating Income vs Total Revenue Correlation Analysis

Correlation Coefficient

Operating Income

Total Revenue

Aspen Aerogels fundamental ratios Correlations

Aspen Aerogels Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aspen Aerogels fundamental ratios Accounts

Pair Trading with Aspen Aerogels

Moving against Aspen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Accounts Payable	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total

Net Receivables	- 0.87	Retained Earnings
Retained Earnings	- 0.87	Total Stockholder Equity
Other Stockholder Equity	- 0.85	Retained Earnings
Other Current Assets	- 0.85	Retained Earnings
Inventory	- 0.85	Retained Earnings
Common Stock Shares Outstanding	- 0.84	Retained Earnings