Emerson Short Term Debt vs Other Current Assets Analysis
MSN Stock | USD 0.43 0.03 6.52% |
Emerson Radio financial indicator trend analysis is much more than just examining Emerson Radio latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emerson Radio is a good investment. Please check the relationship between Emerson Radio Short Term Debt and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Emerson Radio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Radio guide.
Short Term Debt vs Other Current Assets
Short Term Debt vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emerson Radio Short Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Emerson Radio's Short Term Debt and Other Current Assets is 0.98. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Emerson Radio, assuming nothing else is changed. The correlation between historical values of Emerson Radio's Short Term Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Emerson Radio are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Debt i.e., Emerson Radio's Short Term Debt and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Term Debt
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Emerson Radio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emerson Radio 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 Emerson Radio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Radio guide.As of the 25th of November 2024, Selling General Administrative is likely to drop to about 4.6 M. In addition to that, Tax Provision is likely to drop to about 85.5 K
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.2M | 4.2M | 5.0M | 4.7M | Cost Of Revenue | 6.2M | 5.1M | 7.5M | 7.1M |
Emerson Radio fundamental ratios Correlations
Click cells to compare fundamentals
Emerson Radio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Emerson Radio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.9M | 33.9M | 30.0M | 31.4M | 29.1M | 27.6M | |
Other Current Liab | 195K | 52K | (212K) | 3.2M | (92K) | (87.4K) | |
Total Current Liabilities | 1.2M | 1.5M | 1.4M | 4.6M | 2.0M | 1.9M | |
Total Stockholder Equity | 34.4M | 30.4M | 26.8M | 25.5M | 26.2M | 45.3M | |
Property Plant And Equipment Net | 451K | 216K | 407K | 202K | 377K | 358.2K | |
Net Debt | (5.8M) | (4.8M) | (25.2M) | (25.1M) | (19.6M) | (18.6M) | |
Retained Earnings | (16.0M) | (20.0M) | (23.6M) | (25.0M) | (24.2M) | (25.4M) | |
Accounts Payable | 592K | 788K | 758K | 641K | 1.2M | 1.1M | |
Cash | 6.3M | 5.2M | 25.6M | 25.3M | 19.9M | 19.4M | |
Non Current Assets Total | 545K | 310K | 497K | 276K | 461K | 438.0K | |
Cash And Short Term Investments | 34.4M | 30.3M | 25.6M | 25.3M | 19.9M | 27.1M | |
Net Receivables | 484K | 691K | 1.3M | 1.4M | 1.4M | 1.3M | |
Common Stock Shares Outstanding | 25.3M | 21.9M | 21.0M | 21.0M | 18.9M | 24.8M | |
Liabilities And Stockholders Equity | 37.9M | 33.9M | 30.0M | 31.4M | 29.1M | 27.6M | |
Non Current Liabilities Total | 2.3M | 1.9M | 1.8M | 1.3M | 866K | 822.7K | |
Inventory | 1.9M | 2.0M | 2.1M | 3.8M | 7.0M | 6.6M | |
Other Current Assets | 577K | 650K | 531K | 604K | 381K | 362.0K | |
Total Liab | 3.5M | 3.5M | 3.2M | 5.9M | 2.8M | 2.7M | |
Total Current Assets | 37.4M | 33.6M | 29.5M | 31.1M | 28.6M | 53.8M | |
Short Term Debt | 242K | 306K | 424K | 280K | 186K | 176.7K | |
Property Plant And Equipment Gross | 451K | 216K | 795K | 380K | 580K | 551K | |
Accumulated Other Comprehensive Income | (507K) | (412K) | (388K) | (3.3M) | (529K) | (555.5K) | |
Other Liab | 2.0M | 1.8M | 1.6M | 1.2M | 1.4M | 1.7M | |
Property Plant Equipment | 4K | 216K | 407K | 202K | 181.8K | 172.7K | |
Current Deferred Revenue | 180K | 195K | 210K | 3.5M | 191K | 181.5K | |
Net Tangible Assets | 31.1M | 27.1M | 23.5M | 22.1M | 19.9M | 36.5M | |
Retained Earnings Total Equity | (9.3M) | (11.7M) | (16.0M) | (20.0M) | (18.0M) | (17.1M) | |
Cash And Equivalents | 6.3M | 5.2M | 25.6M | 25.3M | 22.7M | 14.0M |
Pair Trading with Emerson Radio
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Emerson Radio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Emerson Radio will appreciate offsetting losses from the drop in the long position's value.Moving against Emerson Stock
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The ability to find closely correlated positions to Emerson Radio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emerson Radio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Emerson Radio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Emerson Radio to buy it.
The correlation of Emerson Radio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Emerson Radio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emerson Radio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Emerson Radio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Emerson Radio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Emerson Stock, please use our How to Invest in Emerson Radio guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Consumer Electronics 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 Emerson Radio. If investors know Emerson 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 Emerson Radio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.15) | Revenue Per Share 0.45 | Quarterly Revenue Growth 0.215 | Return On Assets (0.08) | Return On Equity 0.0147 |
The market value of Emerson Radio is measured differently than its book value, which is the value of Emerson that is recorded on the company's balance sheet. Investors also form their own opinion of Emerson Radio's value that differs from its market value or its book value, called intrinsic value, which is Emerson Radio'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 Emerson Radio's market value can be influenced by many factors that don't directly affect Emerson Radio'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 Emerson Radio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emerson Radio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emerson Radio'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.