SemiLEDS Cash Per Share vs Pe Ratio Analysis

LEDS Stock  USD 1.28  0.05  3.76%   
SemiLEDS financial indicator trend analysis is much more than just breaking down SemiLEDS prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SemiLEDS is a good investment. Please check the relationship between SemiLEDS Cash Per Share and its Pe Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SemiLEDS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.

Cash Per Share vs Pe Ratio

Cash Per Share vs Pe Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SemiLEDS Cash Per Share account and Pe Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SemiLEDS's Cash Per Share and Pe Ratio is -0.44. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Pe Ratio in the same time period over historical financial statements of SemiLEDS, assuming nothing else is changed. The correlation between historical values of SemiLEDS's Cash Per Share and Pe Ratio 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 Per Share of SemiLEDS are associated (or correlated) with its Pe Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pe Ratio has no effect on the direction of Cash Per Share i.e., SemiLEDS's Cash Per Share and Pe Ratio go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash Per Share

Pe Ratio

Most indicators from SemiLEDS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SemiLEDS 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SemiLEDS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.Selling General Administrative is likely to gain to about 4.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense369K287K330.1K346.6K
Depreciation And Amortization938K1.0M902.7K857.6K

SemiLEDS fundamental ratios Correlations

0.10.440.521.00.98-0.970.70.980.970.980.960.970.88-0.490.950.5-0.220.560.980.99-0.220.830.760.640.53
0.10.150.720.02-0.020.01-0.340.080.190.00.060.19-0.110.640.170.210.590.76-0.020.170.760.130.150.10.23
0.440.150.620.410.38-0.520.050.480.530.390.490.510.150.050.360.190.230.540.380.47-0.080.40.390.250.04
0.520.720.620.460.4-0.460.020.510.60.420.470.60.260.350.570.30.420.90.40.580.570.450.430.070.1
1.00.020.410.460.99-0.970.760.960.960.990.950.960.91-0.550.940.48-0.290.490.990.98-0.270.820.750.630.5
0.98-0.020.380.40.99-0.930.750.950.911.00.950.910.91-0.580.940.54-0.30.431.00.94-0.320.870.740.640.47
-0.970.01-0.52-0.46-0.97-0.93-0.72-0.95-0.98-0.93-0.94-0.97-0.840.53-0.88-0.380.27-0.51-0.93-0.970.32-0.71-0.73-0.64-0.54
0.7-0.340.050.020.760.75-0.720.580.640.730.680.630.89-0.790.670.15-0.81-0.070.750.67-0.350.440.520.410.22
0.980.080.480.510.960.95-0.950.580.950.960.930.950.8-0.420.910.55-0.070.60.950.97-0.290.840.720.660.55
0.970.190.530.60.960.91-0.980.640.950.910.931.00.8-0.40.910.41-0.150.660.910.99-0.150.730.740.640.58
0.980.00.390.420.991.0-0.930.730.960.910.960.910.89-0.560.940.56-0.270.451.00.94-0.320.890.740.650.48
0.960.060.490.470.950.95-0.940.680.930.930.960.910.81-0.530.930.52-0.220.540.950.93-0.290.870.780.690.58
0.970.190.510.60.960.91-0.970.630.951.00.910.910.82-0.380.90.4-0.140.650.910.99-0.140.710.730.610.55
0.88-0.110.150.260.910.91-0.840.890.80.80.890.810.82-0.650.830.39-0.540.210.910.85-0.240.660.70.50.31
-0.490.640.050.35-0.55-0.580.53-0.79-0.42-0.4-0.56-0.53-0.38-0.65-0.47-0.230.830.3-0.58-0.420.62-0.37-0.42-0.44-0.31
0.950.170.360.570.940.94-0.880.670.910.910.940.930.90.83-0.470.5-0.210.60.940.93-0.070.860.680.540.5
0.50.210.190.30.480.54-0.380.150.550.410.560.520.40.39-0.230.50.110.390.540.45-0.130.690.750.540.37
-0.220.590.230.42-0.29-0.30.27-0.81-0.07-0.15-0.27-0.22-0.14-0.540.83-0.210.110.54-0.3-0.170.370.01-0.18-0.140.01
0.560.760.540.90.490.43-0.51-0.070.60.660.450.540.650.210.30.60.390.540.430.630.420.520.460.340.48
0.98-0.020.380.40.991.0-0.930.750.950.911.00.950.910.91-0.580.940.54-0.30.430.94-0.320.870.740.640.47
0.990.170.470.580.980.94-0.970.670.970.990.940.930.990.85-0.420.930.45-0.170.630.94-0.150.760.740.620.55
-0.220.76-0.080.57-0.27-0.320.32-0.35-0.29-0.15-0.32-0.29-0.14-0.240.62-0.07-0.130.370.42-0.32-0.15-0.23-0.12-0.48-0.26
0.830.130.40.450.820.87-0.710.440.840.730.890.870.710.66-0.370.860.690.010.520.870.76-0.230.670.60.41
0.760.150.390.430.750.74-0.730.520.720.740.740.780.730.7-0.420.680.75-0.180.460.740.74-0.120.670.610.42
0.640.10.250.070.630.64-0.640.410.660.640.650.690.610.5-0.440.540.54-0.140.340.640.62-0.480.60.610.81
0.530.230.040.10.50.47-0.540.220.550.580.480.580.550.31-0.310.50.370.010.480.470.55-0.260.410.420.81
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SemiLEDS Account Relationship Matchups

SemiLEDS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6M18.2M16.1M13.5M12.1M11.5M
Short Long Term Debt Total7.9M9.3M8.5M7.7M8.9M6.3M
Other Current Liab3.6M3.5M3.8M3.8M3.4M3.3M
Total Current Liabilities9.0M9.5M9.3M9.7M11.2M9.2M
Total Stockholder Equity2.5M4.6M3.5M1.2M1.0M984.1K
Property Plant And Equipment Net5.8M6.9M5.7M4.6M4.1M3.9M
Net Debt5.0M4.5M4.2M5.2M5.9M6.2M
Retained Earnings(178.4M)(181.2M)(184.0M)(186.6M)(168.0M)(176.4M)
Accounts Payable536K753K286K436K392.4K372.8K
Cash2.8M4.8M4.3M2.6M2.3M2.2M
Non Current Assets Total7.1M8.2M6.9M5.9M5.3M5.0M
Non Currrent Assets Other164K169K186K170K167.4K159.0K
Cash And Short Term Investments2.8M4.8M4.3M2.6M2.3M2.2M
Net Receivables1.3M865K880K793K713.7K678.0K
Common Stock Shares Outstanding3.9M4.2M4.5M4.9M5.6M3.2M
Liabilities And Stockholders Equity14.6M18.2M16.1M13.5M12.1M11.5M
Inventory2.5M3.9M3.8M4.0M3.6M5.3M
Other Current Assets1.6M658K246K207K186.3K177.0K
Other Stockholder Equity177.2M182.3M183.7M184.2M211.9M168.0M
Total Liab12.0M13.6M12.6M12.3M14.1M13.4M
Property Plant And Equipment Gross5.8M6.9M5.7M4.6M4.1M3.9M
Total Current Assets7.5M10.1M9.1M7.6M6.8M6.5M
Accumulated Other Comprehensive Income3.6M3.5M3.7M3.6M4.1M3.7M
Short Term Debt4.8M5.2M5.2M5.2M6.0M6.3M
Intangible Assets89K126K102K97K87.3K82.9K
Other Assets164K169K1.3M170K153K145.4K
Long Term Debt2.9M2.6M1.9M1.3M1.2M1.1M
Non Current Liabilities Total3.0M4.1M3.3M2.6M2.3M3.3M
Property Plant Equipment5.9M5.6M6.9M5.7M5.1M4.9M
Net Tangible Assets1.6M2.4M4.5M3.4M3.0M2.9M
Long Term Investments952K1.0M922K974K876.6K1.0M

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Additional Tools for SemiLEDS Stock Analysis

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