EMvision Cash And Short Term Investments vs Intangible Assets Analysis

EMV Stock

1.89 0.04 2.07%

EMvision Medical financial indicator trend analysis is much more than just examining EMvision Medical Devices latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EMvision Medical Devices is a good investment. Please check the relationship between EMvision Medical Cash And Short Term Investments and its Intangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMvision Medical Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Intangible Assets

Cash And Short Term Investments vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMvision Medical Devices Cash And Short Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between EMvision Medical's Cash And Short Term Investments and Intangible Assets is 0.78. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of EMvision Medical Devices, assuming nothing else is changed. The correlation between historical values of EMvision Medical's Cash And Short Term Investments and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of EMvision Medical Devices are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash And Short Term Investments i.e., EMvision Medical's Cash And Short Term Investments and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of EMvision Medical Devices balance sheet. This account contains EMvision Medical investments that will expire within one year. These investments include stocks and bonds that can be liquidated by EMvision Medical Devices fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from EMvision Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EMvision Medical Devices 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMvision Medical Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, EMvision Medical's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 16 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	243.3K	342.0K	410.6K	390.1K
Interest Income	15.6K	35.3K	341.2K	358.3K

Depreciation And Amortization Interest Income

EMvision Medical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	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	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Common Stock Total Equity	Non Current Liabilities Total	Net Invested Capital	Capital Stock	Net Working Capital	Short Long Term Debt Total
Total Assets		0.97	0.61	0.98	0.67	-0.98	-0.89	-0.22	1.0	0.82	0.55	1.0	0.89	0.8	0.86	0.75	0.86	1.0	0.82	0.88	0.78	0.86	0.97	0.89	0.94	0.76
Other Current Liab	0.97		0.58	0.95	0.5	-0.93	-0.82	-0.18	0.96	0.81	0.66	0.96	0.92	0.75	0.78	0.65	0.86	0.97	0.88	0.8	0.67	0.95	0.98	0.85	0.96	0.76
Total Current Liabilities	0.61	0.58		0.46	0.36	-0.57	-0.76	0.25	0.63	0.7	0.0	0.63	0.82	0.73	0.66	0.65	0.9	0.61	0.43	0.72	0.62	0.4	0.48	0.73	0.37	0.95
Total Stockholder Equity	0.98	0.95	0.46		0.71	-0.99	-0.84	-0.3	0.98	0.78	0.59	0.98	0.79	0.74	0.84	0.72	0.75	0.98	0.82	0.84	0.76	0.85	0.97	0.85	0.97	0.64
Net Tangible Assets	0.67	0.5	0.36	0.71		-0.77	-0.78	-0.41	0.72	0.58	-0.05	0.72	0.37	0.66	0.79	0.84	0.44	0.68	0.3	0.78	0.84	0.25	0.55	0.7	0.54	0.38
Net Debt	-0.98	-0.93	-0.57	-0.99	-0.77		0.89	0.24	-0.99	-0.81	-0.5	-0.99	-0.82	-0.79	-0.89	-0.79	-0.79	-0.99	-0.79	-0.9	-0.83	-0.78	-0.94	-0.9	-0.92	-0.71
Retained Earnings	-0.89	-0.82	-0.76	-0.84	-0.78	0.89		0.28	-0.91	-0.9	-0.13	-0.91	-0.81	-0.93	-0.92	-0.94	-0.87	-0.89	-0.6	-0.95	-0.89	-0.64	-0.79	-0.94	-0.73	-0.83
Accounts Payable	-0.22	-0.18	0.25	-0.3	-0.41	0.24	0.28		-0.21	-0.22	0.09	-0.21	0.06	-0.39	-0.25	-0.4	0.04	-0.21	-0.01	-0.18	-0.23	-0.17	-0.27	-0.22	-0.32	0.16
Cash	1.0	0.96	0.63	0.98	0.72	-0.99	-0.91	-0.21		0.82	0.51	1.0	0.88	0.81	0.87	0.78	0.86	1.0	0.78	0.89	0.81	0.82	0.95	0.9	0.92	0.76
Non Current Assets Total	0.82	0.81	0.7	0.78	0.58	-0.81	-0.9	-0.22	0.82		0.22	0.82	0.76	0.89	0.93	0.89	0.8	0.81	0.78	0.95	0.82	0.71	0.76	0.97	0.71	0.85
Non Currrent Assets Other	0.55	0.66	0.0	0.59	-0.05	-0.5	-0.13	0.09	0.51	0.22		0.51	0.52	0.09	0.19	-0.08	0.33	0.56	0.76	0.2	0.07	0.77	0.7	0.27	0.74	0.23
Cash And Short Term Investments	1.0	0.96	0.63	0.98	0.72	-0.99	-0.91	-0.21	1.0	0.82	0.51		0.88	0.81	0.87	0.78	0.86	1.0	0.78	0.89	0.81	0.82	0.95	0.9	0.92	0.76
Net Receivables	0.89	0.92	0.82	0.79	0.37	-0.82	-0.81	0.06	0.88	0.76	0.52	0.88		0.75	0.71	0.6	0.98	0.89	0.76	0.76	0.61	0.83	0.86	0.8	0.79	0.91
Common Stock Shares Outstanding	0.8	0.75	0.73	0.74	0.66	-0.79	-0.93	-0.39	0.81	0.89	0.09	0.81	0.75		0.84	0.9	0.81	0.79	0.59	0.9	0.88	0.58	0.73	0.93	0.67	0.81
Other Current Assets	0.86	0.78	0.66	0.84	0.79	-0.89	-0.92	-0.25	0.87	0.93	0.19	0.87	0.71	0.84		0.94	0.75	0.85	0.71	0.97	0.85	0.62	0.77	0.96	0.73	0.77
Other Stockholder Equity	0.75	0.65	0.65	0.72	0.84	-0.79	-0.94	-0.4	0.78	0.89	-0.08	0.78	0.6	0.9	0.94		0.69	0.75	0.49	0.94	0.9	0.45	0.63	0.91	0.58	0.71
Total Liab	0.86	0.86	0.9	0.75	0.44	-0.79	-0.87	0.04	0.86	0.8	0.33	0.86	0.98	0.81	0.75	0.69		0.85	0.66	0.8	0.67	0.73	0.79	0.83	0.7	0.95
Total Current Assets	1.0	0.97	0.61	0.98	0.68	-0.99	-0.89	-0.21	1.0	0.81	0.56	1.0	0.89	0.79	0.85	0.75	0.85		0.81	0.87	0.78	0.86	0.97	0.89	0.94	0.76
Intangible Assets	0.82	0.88	0.43	0.82	0.3	-0.79	-0.6	-0.01	0.78	0.78	0.76	0.78	0.76	0.59	0.71	0.49	0.66	0.81		0.72	0.56	0.89	0.87	0.78	0.87	0.68
Common Stock	0.88	0.8	0.72	0.84	0.78	-0.9	-0.95	-0.18	0.89	0.95	0.2	0.89	0.76	0.9	0.97	0.94	0.8	0.87	0.72		0.94	0.62	0.78	0.99	0.73	0.83
Common Stock Total Equity	0.78	0.67	0.62	0.76	0.84	-0.83	-0.89	-0.23	0.81	0.82	0.07	0.81	0.61	0.88	0.85	0.9	0.67	0.78	0.56	0.94		0.44	0.66	0.9	0.62	0.69
Non Current Liabilities Total	0.86	0.95	0.4	0.85	0.25	-0.78	-0.64	-0.17	0.82	0.71	0.77	0.82	0.83	0.58	0.62	0.45	0.73	0.86	0.89	0.62	0.44		0.93	0.69	0.92	0.64
Net Invested Capital	0.97	0.98	0.48	0.97	0.55	-0.94	-0.79	-0.27	0.95	0.76	0.7	0.95	0.86	0.73	0.77	0.63	0.79	0.97	0.87	0.78	0.66	0.93		0.83	0.99	0.68
Capital Stock	0.89	0.85	0.73	0.85	0.7	-0.9	-0.94	-0.22	0.9	0.97	0.27	0.9	0.8	0.93	0.96	0.91	0.83	0.89	0.78	0.99	0.9	0.69	0.83		0.78	0.86
Net Working Capital	0.94	0.96	0.37	0.97	0.54	-0.92	-0.73	-0.32	0.92	0.71	0.74	0.92	0.79	0.67	0.73	0.58	0.7	0.94	0.87	0.73	0.62	0.92	0.99	0.78		0.58
Short Long Term Debt Total	0.76	0.76	0.95	0.64	0.38	-0.71	-0.83	0.16	0.76	0.85	0.23	0.76	0.91	0.81	0.77	0.71	0.95	0.76	0.68	0.83	0.69	0.64	0.68	0.86	0.58

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EMvision Medical Account Relationship Matchups

EMvision Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.0M	10.8M	8.5M	11.5M	24.0M	25.2M
Other Current Liab	170.1K	313.1K	478.9K	682.7K	2.1M	2.2M
Total Current Liabilities	489.7K	676.2K	854.0K	6.0M	3.4M	1.9M
Total Stockholder Equity	5.5M	10.1M	7.1M	5.1M	18.5M	19.4M
Net Tangible Assets	5.0M	9.6M	6.6M	4.6M	5.3M	5.6M
Net Debt	(5.4M)	(9.5M)	(6.1M)	(6.9M)	(15.7M)	(14.9M)
Retained Earnings	(7.3M)	(15.7M)	(21.8M)	(25.7M)	(26.5M)	(25.2M)
Accounts Payable	319.6K	193.7K	178.2K	330.7K	293.5K	221.1K
Cash	5.4M	9.7M	6.8M	10.0M	18.6M	19.5M
Non Current Assets Total	480.0K	798.7K	1.4M	1.3M	2.1M	1.1M
Cash And Short Term Investments	5.4M	9.7M	6.8M	10.0M	18.6M	19.5M
Net Receivables	81.3K	117.4K	69.9K	2.9M	3.4M	3.5M
Common Stock Shares Outstanding	61.4M	70.1M	75.2M	77.7M	80.4M	73.8M
Liabilities And Stockholders Equity	6.0M	10.8M	8.5M	11.5M	24.0M	25.2M
Inventory	(38.0K)	51.1K	130.1K	5.9K	6.8K	6.5K
Other Current Assets	43.3K	285.8K	269.8K	265.2K	463.5K	236.5K
Other Stockholder Equity	840.6K	4.3M	5.7M	4.5M	5.2M	2.9M
Total Liab	489.7K	720.0K	1.4M	6.4M	5.5M	5.7M
Total Current Assets	5.5M	10.0M	7.1M	10.2M	21.9M	23.0M
Common Stock	12.0M	21.4M	23.2M	26.2M	41.6M	21.1M
Non Current Liabilities Total	43.8K	43.8K	571.6K	365.9K	2.0M	2.1M
Net Invested Capital	5.5M	10.1M	7.1M	7.6M	21.1M	22.2M
Accumulated Other Comprehensive Income	840.6K	4.3M	5.7M	4.5M	3.5M	3.6M
Capital Stock	12.0M	21.4M	23.2M	26.2M	41.6M	24.2M
Net Working Capital	5.0M	9.3M	6.2M	4.2M	18.5M	19.4M

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