Everspin Cash vs Retained Earnings Analysis

MRAM Stock

USD 6.08 0.04 0.66%

Everspin Technologies financial indicator trend analysis is much more than just examining Everspin Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everspin Technologies is a good investment. Please check the relationship between Everspin Technologies Cash and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Everspin Technologies. 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.

To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everspin Technologies Cash account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Everspin Technologies' Cash and Retained Earnings is -0.61. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Everspin Technologies, assuming nothing else is changed. The correlation between historical values of Everspin Technologies' Cash and Retained Earnings 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 of Everspin Technologies are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., Everspin Technologies' Cash and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Everspin Technologies, which is listed under current asset account on Everspin Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Everspin Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Everspin Technologies 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Everspin Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everspin Technologies 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 Everspin Technologies. 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.

To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.At this time, Everspin Technologies' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 23.13, while Selling General Administrative is likely to drop about 11.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	547K	274K	63K	59.9K
Depreciation And Amortization	1.5M	982K	1.2M	1.6M

Interest Expense Depreciation And Amortization

Everspin Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.45	0.06	0.52	0.87	0.69	0.91	0.83	-0.62	-0.77	-0.76	0.82	0.95	0.84	0.35	0.06	0.1	0.95	0.91	0.81	0.43	0.72	0.87	0.86	0.51	0.71
Short Long Term Debt Total	0.45		0.25	0.81	0.24	0.83	0.66	0.51	-0.1	0.01	-0.74	0.8	0.29	0.49	0.01	0.24	0.83	0.29	0.4	0.57	0.92	0.8	0.59	0.7	0.97	0.27
Other Current Liab	0.06	0.25		0.55	-0.08	0.34	0.01	-0.12	-0.51	0.03	0.04	0.03	0.08	-0.12	0.19	-0.31	0.41	0.08	-0.03	-0.08	0.28	0.25	0.23	-0.01	0.42	-0.06
Total Current Liabilities	0.52	0.81	0.55		0.36	0.71	0.67	0.35	-0.49	-0.21	-0.65	0.64	0.44	0.34	0.23	0.19	0.57	0.44	0.46	0.52	0.63	0.75	0.64	0.65	0.85	0.25
Total Stockholder Equity	0.87	0.24	-0.08	0.36		0.49	0.82	0.69	-0.71	-0.94	-0.64	0.63	0.86	0.7	0.34	-0.01	-0.21	0.86	0.8	0.67	0.22	0.54	0.71	0.69	0.3	0.88
Other Liab	0.69	0.83	0.34	0.71	0.49		0.79	0.62	-0.31	-0.31	-0.82	0.81	0.58	0.61	0.29	0.25	0.68	0.58	0.62	0.69	0.86	0.78	0.84	0.8	0.88	0.52
Net Tangible Assets	0.91	0.66	0.01	0.67	0.82	0.79		0.73	-0.48	-0.67	-0.9	0.87	0.84	0.73	0.42	0.23	0.26	0.84	0.82	0.84	0.56	0.8	0.91	0.94	0.67	0.66
Property Plant And Equipment Net	0.83	0.51	-0.12	0.35	0.69	0.62	0.73		-0.39	-0.48	-0.72	0.86	0.67	1.0	0.06	0.04	0.18	0.67	0.85	0.8	0.59	0.66	0.57	0.78	0.55	0.72
Current Deferred Revenue	-0.62	-0.1	-0.51	-0.49	-0.71	-0.31	-0.48	-0.39		0.71	0.34	-0.36	-0.61	-0.41	-0.41	0.27	0.18	-0.61	-0.61	-0.44	-0.08	-0.43	-0.45	-0.41	-0.26	-0.62
Net Debt	-0.77	0.01	0.03	-0.21	-0.94	-0.31	-0.67	-0.48	0.71		0.4	-0.37	-0.86	-0.49	-0.34	0.12	0.38	-0.86	-0.64	-0.44	0.03	-0.32	-0.66	-0.47	-0.07	-0.77
Retained Earnings	-0.76	-0.74	0.04	-0.65	-0.64	-0.82	-0.9	-0.72	0.34	0.4		-0.88	-0.61	-0.73	-0.5	-0.45	-0.38	-0.61	-0.83	-0.94	-0.66	-0.77	-0.76	-0.98	-0.72	-0.56
Accounts Payable	0.82	0.8	0.03	0.64	0.63	0.81	0.87	0.86	-0.36	-0.37	-0.88		0.64	0.86	0.2	0.16	0.51	0.64	0.79	0.87	0.79	0.93	0.73	0.92	0.81	0.64
Cash	0.95	0.29	0.08	0.44	0.86	0.58	0.84	0.67	-0.61	-0.86	-0.61	0.64		0.68	0.35	0.0	-0.03	1.0	0.79	0.64	0.25	0.58	0.88	0.72	0.35	0.63
Non Current Assets Total	0.84	0.49	-0.12	0.34	0.7	0.61	0.73	1.0	-0.41	-0.49	-0.73	0.86	0.68		0.1	0.04	0.15	0.68	0.87	0.82	0.56	0.65	0.57	0.79	0.53	0.73
Non Currrent Assets Other	0.35	0.01	0.19	0.23	0.34	0.29	0.42	0.06	-0.41	-0.34	-0.5	0.2	0.35	0.1		0.23	-0.09	0.35	0.46	0.52	-0.04	0.26	0.44	0.48	0.07	0.14
Other Assets	0.06	0.24	-0.31	0.19	-0.01	0.25	0.23	0.04	0.27	0.12	-0.45	0.16	0.0	0.04	0.23		0.06	0.0	0.28	0.39	0.04	0.02	0.16	0.37	0.11	-0.07
Long Term Debt	0.1	0.83	0.41	0.57	-0.21	0.68	0.26	0.18	0.18	0.38	-0.38	0.51	-0.03	0.15	-0.09	0.06		-0.03	0.0	0.21	0.87	0.6	0.35	0.35	0.83	-0.08
Cash And Short Term Investments	0.95	0.29	0.08	0.44	0.86	0.58	0.84	0.67	-0.61	-0.86	-0.61	0.64	1.0	0.68	0.35	0.0	-0.03		0.79	0.64	0.25	0.58	0.88	0.72	0.35	0.63
Net Receivables	0.91	0.4	-0.03	0.46	0.8	0.62	0.82	0.85	-0.61	-0.64	-0.83	0.79	0.79	0.87	0.46	0.28	0.0	0.79		0.94	0.37	0.63	0.69	0.89	0.44	0.69
Common Stock Shares Outstanding	0.81	0.57	-0.08	0.52	0.67	0.69	0.84	0.8	-0.44	-0.44	-0.94	0.87	0.64	0.82	0.52	0.39	0.21	0.64	0.94		0.52	0.74	0.66	0.96	0.57	0.6
Non Current Liabilities Total	0.43	0.92	0.28	0.63	0.22	0.86	0.56	0.59	-0.08	0.03	-0.66	0.79	0.25	0.56	-0.04	0.04	0.87	0.25	0.37	0.52		0.76	0.54	0.62	0.94	0.37
Inventory	0.72	0.8	0.25	0.75	0.54	0.78	0.8	0.66	-0.43	-0.32	-0.77	0.93	0.58	0.65	0.26	0.02	0.6	0.58	0.63	0.74	0.76		0.73	0.83	0.83	0.53
Other Current Assets	0.87	0.59	0.23	0.64	0.71	0.84	0.91	0.57	-0.45	-0.66	-0.76	0.73	0.88	0.57	0.44	0.16	0.35	0.88	0.69	0.66	0.54	0.73		0.81	0.64	0.53
Other Stockholder Equity	0.86	0.7	-0.01	0.65	0.69	0.8	0.94	0.78	-0.41	-0.47	-0.98	0.92	0.72	0.79	0.48	0.37	0.35	0.72	0.89	0.96	0.62	0.83	0.81		0.7	0.57
Total Liab	0.51	0.97	0.42	0.85	0.3	0.88	0.67	0.55	-0.26	-0.07	-0.72	0.81	0.35	0.53	0.07	0.11	0.83	0.35	0.44	0.57	0.94	0.83	0.64	0.7		0.36
Property Plant And Equipment Gross	0.71	0.27	-0.06	0.25	0.88	0.52	0.66	0.72	-0.62	-0.77	-0.56	0.64	0.63	0.73	0.14	-0.07	-0.08	0.63	0.69	0.6	0.37	0.53	0.53	0.57	0.36

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Everspin Technologies Account Relationship Matchups

Everspin Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.4M	32.5M	39.4M	55.3M	67.3M	41.5M
Short Long Term Debt Total	11.2M	10.4M	5.8M	9.3M	5.6M	9.5M
Other Current Liab	42K	526K	3.4M	2.2M	2.7M	2.2M
Total Current Liabilities	7.9M	10.5M	10.4M	10.9M	8.8M	11.2M
Total Stockholder Equity	18.5M	17.4M	27.2M	38.7M	53.9M	56.6M
Net Tangible Assets	18.5M	17.4M	27.2M	38.7M	44.5M	46.7M
Property Plant And Equipment Net	6.6M	4.3M	1.9M	10.5M	9.2M	5.0M
Current Deferred Revenue	2.7M	2.5M	832K	821K	336K	319.2K
Net Debt	(3.2M)	(4.2M)	(15.7M)	(17.5M)	(31.4M)	(29.8M)
Retained Earnings	(148.7M)	(157.2M)	(152.8M)	(146.7M)	(137.7M)	(144.5M)
Accounts Payable	2.9M	2.2M	1.8M	2.8M	2.9M	2.4M
Cash	14.5M	14.6M	21.4M	26.8M	36.9M	21.1M
Non Current Assets Total	6.7M	4.3M	2.6M	10.6M	9.4M	5.2M
Long Term Debt	6.5M	7.1M	3.7M	1.5M	1.4M	1.3M
Cash And Short Term Investments	14.5M	14.6M	21.4M	26.8M	36.9M	21.1M
Net Receivables	5.8M	7.6M	8.2M	10.7M	11.6M	7.1M
Common Stock Shares Outstanding	17.3M	18.8M	20.0M	20.8M	21.4M	15.6M
Liabilities And Stockholders Equity	35.4M	32.5M	39.4M	55.3M	67.3M	41.5M
Non Current Liabilities Total	9.0M	4.7M	1.8M	5.8M	4.6M	5.7M
Inventory	7.9M	5.7M	6.4M	6.7M	8.4M	7.4M
Other Current Assets	539K	540K	762K	604K	988K	662.6K
Other Stockholder Equity	167.1M	174.6M	180.1M	185.4M	191.6M	142.5M
Total Liab	16.9M	15.1M	12.2M	16.7M	13.4M	16.9M
Property Plant And Equipment Gross	6.6M	4.3M	1.9M	10.5M	21.9M	23.0M
Short Long Term Debt	670K	4.2M	3.4M	2.6M	3.0M	3.5M
Total Current Assets	28.7M	28.2M	36.8M	44.7M	57.9M	36.3M
Short Term Debt	2.3M	7.3M	4.1M	4.8M	2.4M	4.3M
Property Plant Equipment	6.6M	1.9M	1.9M	3.9M	4.5M	3.3M
Long Term Debt Total	6.5M	7.1M	3.7M	1.5M	1.4M	1.3M
Capital Surpluse	167.1M	174.6M	180.1M	185.4M	213.2M	155.0M
Net Invested Capital	26.3M	25.4M	32.1M	41.3M	53.9M	37.6M
Net Working Capital	20.8M	18.0M	26.4M	33.9M	49.1M	29.9M

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When determining whether Everspin Technologies is a strong investment it is important to analyze Everspin Technologies' 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 Everspin Technologies' future performance. For an informed investment choice regarding Everspin Stock, refer to the following important reports:

How To Invest In Everspin

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Is Everspin Stock a good investment?

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What is Everspin Technologies' Net Worth?

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Largest Semiconductors & Semiconductor Equipment Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Everspin Technologies. 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.

To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Semiconductors & Semiconductor Equipment 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 Everspin Technologies. If investors know Everspin 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 Everspin Technologies 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

(0.09)

Earnings Share

0.07

Revenue Per Share

2.516

Quarterly Revenue Growth

(0.27)

Return On Assets

(0.04)

The market value of Everspin Technologies is measured differently than its book value, which is the value of Everspin that is recorded on the company's balance sheet. Investors also form their own opinion of Everspin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Everspin Technologies' 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 Everspin Technologies' market value can be influenced by many factors that don't directly affect Everspin Technologies' 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 Everspin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everspin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everspin Technologies' 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.

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Everspin Cash vs Retained Earnings Analysis

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

Correlation Coefficient

Cash

Retained Earnings

Everspin Technologies fundamental ratios Correlations

Everspin Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Everspin Technologies fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.97	Short Long Term Debt Total
Other Stockholder Equity	+ 0.96	Common Stock Shares Outstanding
Cash	+ 0.95	Total Assets
Cash And Short Term Investments	+ 0.95	Total Assets

Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Net Debt	- 0.94	Total Stockholder Equity
Retained Earnings	- 0.9	Net Tangible Assets
Accounts Payable	- 0.88	Retained Earnings
Cash And Short Term Investments	- 0.86	Net Debt