EMvision Other Current Assets vs Capital Stock 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 Other Current Assets and its Capital Stock 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.

Other Current Assets vs Capital Stock

Other Current Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMvision Medical Devices Other Current Assets account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between EMvision Medical's Other Current Assets and Capital Stock is 0.96. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Capital Stock 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 Other Current Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of EMvision Medical Devices are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Other Current Assets i.e., EMvision Medical's Other Current Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 Amortization243.3K342.0K410.6K390.1K
Interest Income15.6K35.3K341.2K358.3K

EMvision Medical fundamental ratios Correlations

0.970.610.980.67-0.98-0.89-0.221.00.820.551.00.890.80.860.750.861.00.820.880.780.860.970.890.940.76
0.970.580.950.5-0.93-0.82-0.180.960.810.660.960.920.750.780.650.860.970.880.80.670.950.980.850.960.76
0.610.580.460.36-0.57-0.760.250.630.70.00.630.820.730.660.650.90.610.430.720.620.40.480.730.370.95
0.980.950.460.71-0.99-0.84-0.30.980.780.590.980.790.740.840.720.750.980.820.840.760.850.970.850.970.64
0.670.50.360.71-0.77-0.78-0.410.720.58-0.050.720.370.660.790.840.440.680.30.780.840.250.550.70.540.38
-0.98-0.93-0.57-0.99-0.770.890.24-0.99-0.81-0.5-0.99-0.82-0.79-0.89-0.79-0.79-0.99-0.79-0.9-0.83-0.78-0.94-0.9-0.92-0.71
-0.89-0.82-0.76-0.84-0.780.890.28-0.91-0.9-0.13-0.91-0.81-0.93-0.92-0.94-0.87-0.89-0.6-0.95-0.89-0.64-0.79-0.94-0.73-0.83
-0.22-0.180.25-0.3-0.410.240.28-0.21-0.220.09-0.210.06-0.39-0.25-0.40.04-0.21-0.01-0.18-0.23-0.17-0.27-0.22-0.320.16
1.00.960.630.980.72-0.99-0.91-0.210.820.511.00.880.810.870.780.861.00.780.890.810.820.950.90.920.76
0.820.810.70.780.58-0.81-0.9-0.220.820.220.820.760.890.930.890.80.810.780.950.820.710.760.970.710.85
0.550.660.00.59-0.05-0.5-0.130.090.510.220.510.520.090.19-0.080.330.560.760.20.070.770.70.270.740.23
1.00.960.630.980.72-0.99-0.91-0.211.00.820.510.880.810.870.780.861.00.780.890.810.820.950.90.920.76
0.890.920.820.790.37-0.82-0.810.060.880.760.520.880.750.710.60.980.890.760.760.610.830.860.80.790.91
0.80.750.730.740.66-0.79-0.93-0.390.810.890.090.810.750.840.90.810.790.590.90.880.580.730.930.670.81
0.860.780.660.840.79-0.89-0.92-0.250.870.930.190.870.710.840.940.750.850.710.970.850.620.770.960.730.77
0.750.650.650.720.84-0.79-0.94-0.40.780.89-0.080.780.60.90.940.690.750.490.940.90.450.630.910.580.71
0.860.860.90.750.44-0.79-0.870.040.860.80.330.860.980.810.750.690.850.660.80.670.730.790.830.70.95
1.00.970.610.980.68-0.99-0.89-0.211.00.810.561.00.890.790.850.750.850.810.870.780.860.970.890.940.76
0.820.880.430.820.3-0.79-0.6-0.010.780.780.760.780.760.590.710.490.660.810.720.560.890.870.780.870.68
0.880.80.720.840.78-0.9-0.95-0.180.890.950.20.890.760.90.970.940.80.870.720.940.620.780.990.730.83
0.780.670.620.760.84-0.83-0.89-0.230.810.820.070.810.610.880.850.90.670.780.560.940.440.660.90.620.69
0.860.950.40.850.25-0.78-0.64-0.170.820.710.770.820.830.580.620.450.730.860.890.620.440.930.690.920.64
0.970.980.480.970.55-0.94-0.79-0.270.950.760.70.950.860.730.770.630.790.970.870.780.660.930.830.990.68
0.890.850.730.850.7-0.9-0.94-0.220.90.970.270.90.80.930.960.910.830.890.780.990.90.690.830.780.86
0.940.960.370.970.54-0.92-0.73-0.320.920.710.740.920.790.670.730.580.70.940.870.730.620.920.990.780.58
0.760.760.950.640.38-0.71-0.830.160.760.850.230.760.910.810.770.710.950.760.680.830.690.640.680.860.58
Click cells to compare fundamentals

EMvision Medical Account Relationship Matchups

EMvision Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0M10.8M8.5M11.5M24.0M25.2M
Other Current Liab170.1K313.1K478.9K682.7K2.1M2.2M
Total Current Liabilities489.7K676.2K854.0K6.0M3.4M1.9M
Total Stockholder Equity5.5M10.1M7.1M5.1M18.5M19.4M
Net Tangible Assets5.0M9.6M6.6M4.6M5.3M5.6M
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 Payable319.6K193.7K178.2K330.7K293.5K221.1K
Cash5.4M9.7M6.8M10.0M18.6M19.5M
Non Current Assets Total480.0K798.7K1.4M1.3M2.1M1.1M
Cash And Short Term Investments5.4M9.7M6.8M10.0M18.6M19.5M
Net Receivables81.3K117.4K69.9K2.9M3.4M3.5M
Common Stock Shares Outstanding61.4M70.1M75.2M77.7M80.4M73.8M
Liabilities And Stockholders Equity6.0M10.8M8.5M11.5M24.0M25.2M
Inventory(38.0K)51.1K130.1K5.9K6.8K6.5K
Other Current Assets43.3K285.8K269.8K265.2K463.5K236.5K
Other Stockholder Equity840.6K4.3M5.7M4.5M5.2M2.9M
Total Liab489.7K720.0K1.4M6.4M5.5M5.7M
Total Current Assets5.5M10.0M7.1M10.2M21.9M23.0M
Common Stock12.0M21.4M23.2M26.2M41.6M21.1M
Non Current Liabilities Total43.8K43.8K571.6K365.9K2.0M2.1M
Net Invested Capital5.5M10.1M7.1M7.6M21.1M22.2M
Accumulated Other Comprehensive Income840.6K4.3M5.7M4.5M3.5M3.6M
Capital Stock12.0M21.4M23.2M26.2M41.6M24.2M
Net Working Capital5.0M9.3M6.2M4.2M18.5M19.4M

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Additional Tools for EMvision Stock Analysis

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