Everspin Current Deferred Revenue vs Other Stockholder Equity 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 Current Deferred Revenue and its Other Stockholder Equity 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.

Current Deferred Revenue vs Other Stockholder Equity

Current Deferred Revenue vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everspin Technologies Current Deferred Revenue account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Everspin Technologies' Current Deferred Revenue and Other Stockholder Equity is -0.41. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Stockholder Equity 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' Current Deferred Revenue and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Everspin Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Everspin Technologies' Current Deferred Revenue and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Other Stockholder Equity

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 Expense547K274K63K59.9K
Depreciation And Amortization1.5M982K1.2M1.6M

Everspin Technologies fundamental ratios Correlations

0.450.060.520.870.690.910.83-0.62-0.77-0.760.820.950.840.350.060.10.950.910.810.430.720.870.860.510.71
0.450.250.810.240.830.660.51-0.10.01-0.740.80.290.490.010.240.830.290.40.570.920.80.590.70.970.27
0.060.250.55-0.080.340.01-0.12-0.510.030.040.030.08-0.120.19-0.310.410.08-0.03-0.080.280.250.23-0.010.42-0.06
0.520.810.550.360.710.670.35-0.49-0.21-0.650.640.440.340.230.190.570.440.460.520.630.750.640.650.850.25
0.870.24-0.080.360.490.820.69-0.71-0.94-0.640.630.860.70.34-0.01-0.210.860.80.670.220.540.710.690.30.88
0.690.830.340.710.490.790.62-0.31-0.31-0.820.810.580.610.290.250.680.580.620.690.860.780.840.80.880.52
0.910.660.010.670.820.790.73-0.48-0.67-0.90.870.840.730.420.230.260.840.820.840.560.80.910.940.670.66
0.830.51-0.120.350.690.620.73-0.39-0.48-0.720.860.671.00.060.040.180.670.850.80.590.660.570.780.550.72
-0.62-0.1-0.51-0.49-0.71-0.31-0.48-0.390.710.34-0.36-0.61-0.41-0.410.270.18-0.61-0.61-0.44-0.08-0.43-0.45-0.41-0.26-0.62
-0.770.010.03-0.21-0.94-0.31-0.67-0.480.710.4-0.37-0.86-0.49-0.340.120.38-0.86-0.64-0.440.03-0.32-0.66-0.47-0.07-0.77
-0.76-0.740.04-0.65-0.64-0.82-0.9-0.720.340.4-0.88-0.61-0.73-0.5-0.45-0.38-0.61-0.83-0.94-0.66-0.77-0.76-0.98-0.72-0.56
0.820.80.030.640.630.810.870.86-0.36-0.37-0.880.640.860.20.160.510.640.790.870.790.930.730.920.810.64
0.950.290.080.440.860.580.840.67-0.61-0.86-0.610.640.680.350.0-0.031.00.790.640.250.580.880.720.350.63
0.840.49-0.120.340.70.610.731.0-0.41-0.49-0.730.860.680.10.040.150.680.870.820.560.650.570.790.530.73
0.350.010.190.230.340.290.420.06-0.41-0.34-0.50.20.350.10.23-0.090.350.460.52-0.040.260.440.480.070.14
0.060.24-0.310.19-0.010.250.230.040.270.12-0.450.160.00.040.230.060.00.280.390.040.020.160.370.11-0.07
0.10.830.410.57-0.210.680.260.180.180.38-0.380.51-0.030.15-0.090.06-0.030.00.210.870.60.350.350.83-0.08
0.950.290.080.440.860.580.840.67-0.61-0.86-0.610.641.00.680.350.0-0.030.790.640.250.580.880.720.350.63
0.910.4-0.030.460.80.620.820.85-0.61-0.64-0.830.790.790.870.460.280.00.790.940.370.630.690.890.440.69
0.810.57-0.080.520.670.690.840.8-0.44-0.44-0.940.870.640.820.520.390.210.640.940.520.740.660.960.570.6
0.430.920.280.630.220.860.560.59-0.080.03-0.660.790.250.56-0.040.040.870.250.370.520.760.540.620.940.37
0.720.80.250.750.540.780.80.66-0.43-0.32-0.770.930.580.650.260.020.60.580.630.740.760.730.830.830.53
0.870.590.230.640.710.840.910.57-0.45-0.66-0.760.730.880.570.440.160.350.880.690.660.540.730.810.640.53
0.860.7-0.010.650.690.80.940.78-0.41-0.47-0.980.920.720.790.480.370.350.720.890.960.620.830.810.70.57
0.510.970.420.850.30.880.670.55-0.26-0.07-0.720.810.350.530.070.110.830.350.440.570.940.830.640.70.36
0.710.27-0.060.250.880.520.660.72-0.62-0.77-0.560.640.630.730.14-0.07-0.080.630.690.60.370.530.530.570.36
Click cells to compare fundamentals

Everspin Technologies Account Relationship Matchups

Everspin Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.4M32.5M39.4M55.3M67.3M41.5M
Short Long Term Debt Total11.2M10.4M5.8M9.3M5.6M9.5M
Other Current Liab42K526K3.4M2.2M2.7M2.2M
Total Current Liabilities7.9M10.5M10.4M10.9M8.8M11.2M
Total Stockholder Equity18.5M17.4M27.2M38.7M53.9M56.6M
Net Tangible Assets18.5M17.4M27.2M38.7M44.5M46.7M
Property Plant And Equipment Net6.6M4.3M1.9M10.5M9.2M5.0M
Current Deferred Revenue2.7M2.5M832K821K336K319.2K
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 Payable2.9M2.2M1.8M2.8M2.9M2.4M
Cash14.5M14.6M21.4M26.8M36.9M21.1M
Non Current Assets Total6.7M4.3M2.6M10.6M9.4M5.2M
Long Term Debt6.5M7.1M3.7M1.5M1.4M1.3M
Cash And Short Term Investments14.5M14.6M21.4M26.8M36.9M21.1M
Net Receivables5.8M7.6M8.2M10.7M11.6M7.1M
Common Stock Shares Outstanding17.3M18.8M20.0M20.8M21.4M15.6M
Liabilities And Stockholders Equity35.4M32.5M39.4M55.3M67.3M41.5M
Non Current Liabilities Total9.0M4.7M1.8M5.8M4.6M5.7M
Inventory7.9M5.7M6.4M6.7M8.4M7.4M
Other Current Assets539K540K762K604K988K662.6K
Other Stockholder Equity167.1M174.6M180.1M185.4M191.6M142.5M
Total Liab16.9M15.1M12.2M16.7M13.4M16.9M
Property Plant And Equipment Gross6.6M4.3M1.9M10.5M21.9M23.0M
Short Long Term Debt670K4.2M3.4M2.6M3.0M3.5M
Total Current Assets28.7M28.2M36.8M44.7M57.9M36.3M
Short Term Debt2.3M7.3M4.1M4.8M2.4M4.3M
Property Plant Equipment6.6M1.9M1.9M3.9M4.5M3.3M
Long Term Debt Total6.5M7.1M3.7M1.5M1.4M1.3M
Capital Surpluse167.1M174.6M180.1M185.4M213.2M155.0M
Net Invested Capital26.3M25.4M32.1M41.3M53.9M37.6M
Net Working Capital20.8M18.0M26.4M33.9M49.1M29.9M

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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:
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.