Intevac Total Current Liabilities vs Total Assets Analysis
IVAC Stock | USD 2.70 0.02 0.75% |
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 Total Current Liabilities and its Total Assets 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.
Total Current Liabilities vs Total Assets
Total Current Liabilities vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intevac Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Intevac's Total Current Liabilities and Total Assets is -0.08. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Intevac, assuming nothing else is changed. The correlation between historical values of Intevac's Total Current Liabilities and Total 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 Total Current Liabilities of Intevac are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Intevac's Total Current Liabilities and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Intevac balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Intevac are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Assets
Total assets refers to the total amount of Intevac 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 Intevac 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.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 |
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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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.