Everspin Retained Earnings vs Non Current Liabilities Total Analysis
MRAM Stock | USD 6.36 0.28 4.61% |
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 Retained Earnings and its Non Current Liabilities Total 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.
Retained Earnings vs Non Current Liabilities Total
Retained Earnings vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everspin Technologies Retained Earnings account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Everspin Technologies' Retained Earnings and Non Current Liabilities Total is -0.66. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Liabilities Total 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' Retained Earnings and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Everspin Technologies are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Retained Earnings i.e., Everspin Technologies' Retained Earnings and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Non Current Liabilities Total
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 25th 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 |
Everspin Technologies fundamental ratios Correlations
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Everspin Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Try AI Portfolio ArchitectCheck 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.