Movano Total Assets vs Cash Analysis
| MOVE Stock | USD 3.59 0.15 4.36% |
Movano financial indicator trend analysis is infinitely more than just investigating Movano Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Movano Inc is a good investment. Please check the relationship between Movano Total Assets and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movano Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Movano Inc Total Assets account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Movano's Total Assets and Cash is 0.92. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Movano Inc, assuming nothing else is changed. The correlation between historical values of Movano's Total Assets and Cash 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 Assets of Movano Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Movano's Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Movano 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 Movano Inc 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.Cash
Cash refers to the most liquid asset of Movano Inc, which is listed under current asset account on Movano Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Movano customers. The amounts must be unrestricted with restricted cash listed in a different Movano account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Movano's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Movano Inc 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 Movano Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. As of November 26, 2024, Selling General Administrative is expected to decline to about 12.2 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 17.3 M
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 74K | 134K | 158K | 150.1K | Research Development | 13.4M | 19.0M | 16.9M | 20.1M |
Movano fundamental ratios Correlations
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Movano Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Movano fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 4.9M | 7.1M | 36.3M | 13.2M | 9.4M | 8.9M | |
| Other Current Liab | 843K | 666K | 2.9M | 4.2M | 1.3M | 1.2M | |
| Total Current Liabilities | 858K | 1.2M | 3.2M | 5.0M | 5.9M | 5.6M | |
| Total Stockholder Equity | 4.0M | (8.1M) | 32.7M | 7.9M | 3.4M | 3.3M | |
| Other Liab | 32K | 2.5M | 317K | 350K | 315K | 299.3K | |
| Accounts Payable | 15K | 246K | 311K | 557K | 3.1M | 3.5M | |
| Cash | 4.3M | 5.7M | 17.7M | 10.8M | 6.1M | 5.8M | |
| Other Assets | 323K | 144K | 678K | 1.2M | 1.0 | 0.95 | |
| Total Liab | 890K | 15.1M | 3.5M | 5.3M | 6.0M | 5.7M | |
| Property Plant Equipment | 51K | 38K | 529K | 443K | 398.7K | 378.8K | |
| Net Tangible Assets | (19.9M) | (40.9M) | 32.7M | 7.9M | 9.1M | 9.6M | |
| Property Plant And Equipment Net | 51K | 38K | 529K | 443K | 589K | 311.5K | |
| Net Debt | (4.3M) | 6.0M | (17.7M) | (10.3M) | (5.9M) | (6.2M) | |
| Retained Earnings | (19.9M) | (40.9M) | (64.8M) | (95.1M) | (124.4M) | (118.2M) | |
| Non Current Assets Total | 374K | 182K | 1.2M | 1.6M | 898K | 822.8K | |
| Non Currrent Assets Other | 323K | 144K | 678K | 1.2M | 309K | 511.3K | |
| Cash And Short Term Investments | 4.3M | 5.7M | 33.6M | 10.8M | 6.1M | 11.7M | |
| Common Stock Shares Outstanding | 17.2M | 2.1M | 2.2M | 2.2M | 3.1M | 2.9M | |
| Liabilities And Stockholders Equity | 4.9M | 7.1M | 36.3M | 13.2M | 9.4M | 13.6M | |
| Non Current Liabilities Total | 32K | 14.0M | 317K | 350K | 73K | 69.4K | |
| Other Stockholder Equity | 14K | 1K | 97.5M | 103.0M | 127.8M | 134.2M | |
| Net Invested Capital | (19.9M) | (29.2M) | 32.7M | 8.0M | 3.4M | 3.6M | |
| Property Plant And Equipment Gross | 51K | 38K | 630K | 671K | 720K | 395.8K | |
| Total Current Assets | 4.5M | 6.9M | 35.1M | 11.6M | 8.5M | 12.8M | |
| Net Working Capital | 3.7M | 5.7M | 31.8M | 6.7M | 2.6M | 2.5M |
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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 Movano Inc is a strong investment it is important to analyze Movano's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Movano's future performance. For an informed investment choice regarding Movano Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movano Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 Movano. If investors know Movano 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 Movano listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.80) | Revenue Per Share 0.197 | Return On Assets (0.89) | Return On Equity (1.81) |
The market value of Movano Inc is measured differently than its book value, which is the value of Movano that is recorded on the company's balance sheet. Investors also form their own opinion of Movano's value that differs from its market value or its book value, called intrinsic value, which is Movano'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 Movano's market value can be influenced by many factors that don't directly affect Movano'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 Movano's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movano is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movano'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.