CEVA Total Assets vs Inventory Analysis
CEVA Stock | USD 30.44 1.77 6.17% |
CEVA financial indicator trend analysis is way more than just evaluating CEVA Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CEVA Inc is a good investment. Please check the relationship between CEVA Total Assets and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CEVA Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Total Assets vs Inventory
Total Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CEVA Inc Total Assets account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CEVA's Total Assets and Inventory is -0.65. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of CEVA Inc, assuming nothing else is changed. The correlation between historical values of CEVA's Total Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of CEVA Inc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Assets i.e., CEVA's Total Assets and Inventory go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of CEVA 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 CEVA Inc 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.Inventory
Most indicators from CEVA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CEVA Inc 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 CEVA Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At present, CEVA's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 187.8 M, whereas Selling General Administrative is forecasted to decline to about 10.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 105.9M | 107.6M | 85.8M | 54.6M | Total Revenue | 122.7M | 134.6M | 97.4M | 61.4M |
CEVA fundamental ratios Correlations
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CEVA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CEVA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 297.0M | 307.0M | 328.7M | 308.4M | 304.1M | 197.2M | |
Total Stockholder Equity | 251.2M | 260.9M | 276.7M | 258.9M | 264.3M | 171.0M | |
Other Assets | 28.7M | 31.3M | 34.7M | 23.4M | (4.1M) | (3.9M) | |
Common Stock Shares Outstanding | 22.3M | 22.1M | 23.3M | 23.2M | 23.5M | 21.8M | |
Liabilities And Stockholders Equity | 297.0M | 307.0M | 328.7M | 308.4M | 304.1M | 197.2M | |
Other Stockholder Equity | 188.6M | 203.0M | 221.6M | 232.9M | 246.5M | 162.8M | |
Total Liab | 45.9M | 46.1M | 51.9M | 49.6M | 39.7M | 26.3M | |
Other Current Liab | 19.6M | 19.6M | 19.1M | 26.2M | 19.1M | 11.0M | |
Total Current Liabilities | 26.4M | 28.2M | 35.4M | 33.3M | 26.9M | 20.5M | |
Accounts Payable | 701K | 894K | 1.5M | 1.9M | 1.2M | 909.7K | |
Cash | 22.8M | 21.1M | 33.2M | 21.3M | 23.3M | 29.2M | |
Other Current Assets | 5.7M | 6.2M | 6.6M | 16.3M | 12.5M | 11.9M | |
Intangible Assets | 13.4M | 10.8M | 14.6M | 6.7M | 3.0M | 2.8M | |
Property Plant Equipment | 7.9M | 7.6M | 15.6M | 7.1M | 8.2M | 5.1M | |
Property Plant And Equipment Net | 18.9M | 16.6M | 15.6M | 17.4M | 13.7M | 14.4M | |
Non Current Assets Total | 118.5M | 139.4M | 139.7M | 130.8M | 98.8M | 84.9M | |
Non Currrent Assets Other | 19.1M | 20.5M | 8.7M | 23.0M | 23.4M | 24.6M | |
Cash And Short Term Investments | 144.6M | 130.1M | 154.9M | 139.5M | 166.5M | 117.4M | |
Net Receivables | 28.3M | 31.2M | 27.4M | 29.8M | 30.3M | 31.8M | |
Short Term Investments | 121.8M | 109.0M | 121.7M | 118.2M | 143.3M | 97.5M | |
Non Current Liabilities Total | 19.5M | 17.9M | 16.5M | 16.3M | 12.9M | 8.6M | |
Property Plant And Equipment Gross | 18.9M | 16.6M | 6.8M | 17.4M | 39.2M | 41.2M | |
Total Current Assets | 178.6M | 167.6M | 189.0M | 177.6M | 209.4M | 137.3M | |
Other Liab | 11.2M | 12.1M | 11.4M | 9.6M | 11.0M | 7.3M | |
Current Deferred Revenue | 3.6M | 2.4M | 8.7M | 3.2M | 3.0M | 2.5M | |
Net Debt | (12.1M) | (12.4M) | (24.7M) | (11.6M) | (16.8M) | (17.7M) | |
Retained Earnings | 62.4M | 57.4M | 55.5M | 32.2M | 20.2M | 12.0M | |
Accumulated Other Comprehensive Income | 94K | 478K | (372K) | (6.2M) | (2.3M) | (2.4M) | |
Short Term Debt | 2.4M | 5.9M | 6.5M | 2.7M | 5.0M | 5.0M | |
Treasury Stock | (39.4M) | (30.1M) | (13.8M) | (9.9M) | (8.9M) | (9.4M) | |
Net Tangible Assets | 251.2M | 199.0M | 187.3M | 177.4M | 204.0M | 195.1M | |
Retained Earnings Total Equity | 62.4M | 57.4M | 55.5M | 32.2M | 37.0M | 41.7M | |
Capital Surpluse | 228.0M | 233.2M | 235.4M | 242.8M | 279.3M | 240.7M | |
Long Term Investments | 6.3M | 11.5M | 2.9M | 408K | 406K | 385.7K | |
Non Current Liabilities Other | 19.5M | 17.9M | 16.5M | 16.3M | 18.7M | 12.5M |
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.When determining whether CEVA Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CEVA's 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 Ceva Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceva Inc Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CEVA Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Semiconductors & Semiconductor Equipment 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 CEVA. If investors know CEVA 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 CEVA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.959 | Earnings Share (0.65) | Revenue Per Share 4.32 | Quarterly Revenue Growth 0.13 | Return On Assets (0.02) |
The market value of CEVA Inc is measured differently than its book value, which is the value of CEVA that is recorded on the company's balance sheet. Investors also form their own opinion of CEVA's value that differs from its market value or its book value, called intrinsic value, which is CEVA's 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 CEVA's market value can be influenced by many factors that don't directly affect CEVA's 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 CEVA's value and its price as these two are different measures arrived at by different means. Investors typically determine if CEVA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CEVA's 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.