Intevac Intangible Assets vs Short Term Investments Analysis
IVAC Stock | USD 2.53 0.01 0.40% |
Intevac financial indicator trend analysis is infinitely more than just investigating Intevac recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intevac is a good investment. Please check the relationship between Intevac Intangible Assets and its Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intevac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Intevac Stock refer to our How to Trade Intevac Stock guide.
Intangible Assets vs Short Term Investments
Intangible Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intevac Intangible Assets account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Intevac's Intangible Assets and Short Term Investments is 0.83. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Intevac, assuming nothing else is changed. The correlation between historical values of Intevac's Intangible Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Intevac are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Intangible Assets i.e., Intevac's Intangible Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Short Term Investments
Short Term Investments is an item under the current assets section of Intevac balance sheet. It contains any investments Intevac undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Intevac can easily liquidate in the marketplace.Most indicators from Intevac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intevac 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intevac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Intevac Stock refer to our How to Trade Intevac Stock guide.At present, Intevac's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 2 M, whereas Discontinued Operations is projected to grow to (274.5 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 38.5M | 35.8M | 52.7M | 72.6M | Interest Expense | 6K | 1.1M | 976.5K | 1.5M |
Intevac fundamental ratios Correlations
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Intevac Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intevac fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 126.3M | 127.2M | 157.8M | 173.1M | 156.5M | 146.4M | |
Other Current Liab | 10.1M | 7.7M | 9.6M | 5.0M | 4.0M | 3.8M | |
Total Current Liabilities | 20.8M | 18.4M | 19.7M | 26.0M | 32.5M | 21.1M | |
Total Stockholder Equity | 95.8M | 101.6M | 134.0M | 123.5M | 115.5M | 102.9M | |
Property Plant And Equipment Net | 21.9M | 19.2M | 9.3M | 7.0M | 15.3M | 12.9M | |
Net Debt | (24.4M) | (34.5M) | (106.2M) | (89.6M) | (43.5M) | (41.3M) | |
Retained Earnings | (63.8M) | (62.7M) | (36.1M) | (53.2M) | (65.4M) | (62.1M) | |
Accounts Payable | 4.2M | 4.3M | 5.3M | 11.6M | 5.8M | 5.3M | |
Cash | 36.5M | 44.2M | 112.9M | 94.4M | 51.4M | 40.9M | |
Non Current Assets Total | 34.8M | 30.8M | 22.9M | 30.9M | 23.1M | 37.5M | |
Non Currrent Assets Other | 865K | 6.3M | 6.2M | 811K | 824K | 782.8K | |
Cash And Short Term Investments | 36.5M | 44.2M | 112.9M | 94.4M | 68.8M | 55.2M | |
Net Receivables | 28.6M | 28.6M | 14.3M | 15.8M | 18.6M | 19.4M | |
Common Stock Shares Outstanding | 23.3M | 23.7M | 24.3M | 25.2M | 26.1M | 21.6M | |
Liabilities And Stockholders Equity | 126.3M | 127.2M | 157.8M | 173.1M | 156.5M | 146.4M | |
Inventory | 24.9M | 21.7M | 5.8M | 30.0M | 43.8M | 24.9M | |
Other Current Assets | 1.5M | 3.8M | 3.7M | 1.9M | 2.1M | 2.0M | |
Other Stockholder Equity | 159.1M | 163.6M | 169.5M | 176.8M | 180.8M | 115.2M | |
Total Liab | 30.5M | 25.7M | 23.8M | 49.6M | 41.0M | 31.7M | |
Property Plant And Equipment Gross | 21.9M | 11.0M | 9.3M | 7.0M | 37.6M | 39.5M | |
Total Current Assets | 91.5M | 96.4M | 134.8M | 142.2M | 133.4M | 108.9M | |
Accumulated Other Comprehensive Income | 424K | 640K | 578K | (193K) | 97K | 101.9K | |
Current Deferred Revenue | 4.0M | 33K | 2.1M | 2.4M | 20.8M | 21.8M | |
Non Current Liabilities Total | 9.7M | 7.3M | 4.0M | 23.6M | 8.5M | 9.9M | |
Intangible Assets | 1.5M | 889K | 274K | 1.1M | 954K | 906.3K | |
Short Term Investments | 16.7M | 14.8M | 10.2M | 25.5M | 17.4M | 22.4M | |
Other Assets | 7.1M | 19.8M | 6.2M | 5.2M | 1.0 | 0.95 | |
Property Plant Equipment | 11.6M | 11.0M | 9.3M | 3.7M | 4.2M | 4.0M | |
Other Liab | 186K | 457K | 363K | 22.2M | 25.5M | 26.8M | |
Net Tangible Assets | 95.5M | 101.6M | 134.0M | 122.4M | 110.1M | 86.1M | |
Retained Earnings Total Equity | (63.8M) | (62.7M) | (36.1M) | (53.2M) | (47.9M) | (50.3M) | |
Capital Surpluse | 188.3M | 193.2M | 199.1M | 206.4M | 237.3M | 192.6M | |
Long Term Investments | 5.5M | 5.4M | 7.4M | 17.6M | 2.7M | 2.6M | |
Non Current Liabilities Other | 9.7M | 7.3M | 363K | 23.6M | 27.2M | 28.5M | |
Net Invested Capital | 95.8M | 101.6M | 134.0M | 123.5M | 115.5M | 116.7M |
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 Intevac offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intevac'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 Intevac Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intevac Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intevac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Intevac Stock refer to our How to Trade Intevac Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Technology Hardware, Storage & Peripherals 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 Intevac. If investors know Intevac 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 Intevac 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 41.156 | Earnings Share (0.37) | Revenue Per Share 2.463 | Quarterly Revenue Growth 0.591 | Return On Assets (0.04) |
The market value of Intevac is measured differently than its book value, which is the value of Intevac that is recorded on the company's balance sheet. Investors also form their own opinion of Intevac's value that differs from its market value or its book value, called intrinsic value, which is Intevac'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 Intevac's market value can be influenced by many factors that don't directly affect Intevac'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 Intevac's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intevac is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intevac'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.