Microvision Common Stock Shares Outstanding vs Total Assets Analysis

MVIS Stock  USD 1.02  0.05  5.15%   
Microvision financial indicator trend analysis is infinitely more than just investigating Microvision recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microvision is a good investment. Please check the relationship between Microvision Common Stock Shares Outstanding and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Microvision Stock please use our How to Invest in Microvision guide.

Common Stock Shares Outstanding vs Total Assets

Common Stock Shares Outstanding vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microvision Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Microvision's Common Stock Shares Outstanding and Total Assets is 0.84. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets in the same time period over historical financial statements of Microvision, assuming nothing else is changed. The correlation between historical values of Microvision's Common Stock Shares Outstanding and Total 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 Common Stock Shares Outstanding of Microvision are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Microvision's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Microvision 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 Microvision 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.
Most indicators from Microvision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microvision 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 Microvision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Microvision Stock please use our How to Invest in Microvision guide.At this time, Microvision's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 50.3 M in 2024.

Microvision fundamental ratios Correlations

0.320.350.990.92-0.66-0.660.130.850.870.970.840.890.780.780.860.980.910.340.840.810.57-0.170.79-0.17-0.18
0.320.660.230.4-0.13-0.390.020.210.520.180.330.450.410.640.50.220.30.060.290.680.28-0.20.0-0.2-0.27
0.350.660.240.37-0.21-0.630.330.270.40.270.490.360.580.710.370.30.30.150.310.650.36-0.510.0-0.51-0.23
0.990.230.240.87-0.7-0.580.110.870.810.980.80.840.720.680.810.990.890.30.780.740.5-0.10.82-0.1-0.2
0.920.40.370.87-0.31-0.690.040.580.960.80.830.990.80.860.960.840.990.530.930.810.61-0.20.75-0.2-0.17
-0.66-0.13-0.21-0.7-0.310.3-0.21-0.95-0.32-0.77-0.49-0.28-0.4-0.31-0.31-0.74-0.320.31-0.26-0.44-0.240.04-0.360.040.11
-0.66-0.39-0.63-0.58-0.690.3-0.13-0.47-0.67-0.58-0.84-0.68-0.98-0.81-0.65-0.61-0.68-0.36-0.68-0.68-0.570.8-0.240.8-0.01
0.130.020.330.110.04-0.21-0.130.180.070.12-0.110.050.140.180.030.15-0.03-0.02-0.030.03-0.05-0.36-0.11-0.36-0.1
0.850.210.270.870.58-0.95-0.470.180.570.910.680.550.590.520.560.90.59-0.10.510.620.38-0.090.55-0.09-0.15
0.870.520.40.810.96-0.32-0.670.070.570.710.780.980.770.871.00.760.930.370.880.790.62-0.20.6-0.2-0.16
0.970.180.270.980.8-0.77-0.580.120.910.710.790.740.70.630.71.00.820.280.730.730.47-0.130.81-0.13-0.18
0.840.330.490.80.83-0.49-0.84-0.110.680.780.790.790.890.810.780.810.850.340.770.780.57-0.360.58-0.36-0.16
0.890.450.360.840.99-0.28-0.680.050.550.980.740.790.780.860.980.790.970.490.910.790.6-0.20.69-0.2-0.16
0.780.410.580.720.8-0.4-0.980.140.590.770.70.890.780.850.760.730.780.370.760.750.61-0.70.37-0.7-0.03
0.780.640.710.680.86-0.31-0.810.180.520.870.630.810.860.850.860.690.80.410.850.90.73-0.430.43-0.43-0.06
0.860.50.370.810.96-0.31-0.650.030.561.00.70.780.980.760.860.750.930.350.880.760.6-0.170.6-0.17-0.15
0.980.220.30.990.84-0.74-0.610.150.90.761.00.810.790.730.690.750.850.310.760.760.51-0.150.8-0.15-0.18
0.910.30.30.890.99-0.32-0.68-0.030.590.930.820.850.970.780.80.930.850.520.910.750.57-0.170.8-0.17-0.19
0.340.060.150.30.530.31-0.36-0.02-0.10.370.280.340.490.370.410.350.310.520.560.410.27-0.190.56-0.190.07
0.840.290.310.780.93-0.26-0.68-0.030.510.880.730.770.910.760.850.880.760.910.560.770.79-0.240.69-0.240.17
0.810.680.650.740.81-0.44-0.680.030.620.790.730.780.790.750.90.760.760.750.410.770.72-0.260.57-0.26-0.21
0.570.280.360.50.61-0.24-0.57-0.050.380.620.470.570.60.610.730.60.510.570.270.790.72-0.290.33-0.290.24
-0.17-0.2-0.51-0.1-0.20.040.8-0.36-0.09-0.2-0.13-0.36-0.2-0.7-0.43-0.17-0.15-0.17-0.19-0.24-0.26-0.290.251.0-0.15
0.790.00.00.820.75-0.36-0.24-0.110.550.60.810.580.690.370.430.60.80.80.560.690.570.330.250.25-0.23
-0.17-0.2-0.51-0.1-0.20.040.8-0.36-0.09-0.2-0.13-0.36-0.2-0.7-0.43-0.17-0.15-0.17-0.19-0.24-0.26-0.291.00.25-0.15
-0.18-0.27-0.23-0.2-0.170.11-0.01-0.1-0.15-0.16-0.18-0.16-0.16-0.03-0.06-0.15-0.18-0.190.070.17-0.210.24-0.15-0.23-0.15
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Microvision Account Relationship Matchups

Microvision fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.8M21.0M130.2M115.0M129.6M136.1M
Other Current Liab2.1M(212K)2.1M1.0M11.2M11.7M
Total Current Liabilities14.5M10.0M12.5M11.4M20.5M10.6M
Total Stockholder Equity(4.0M)9.0M112.8M89.7M95.8M100.6M
Property Plant And Equipment Net3.2M2.8M8.6M21.4M22.8M23.9M
Net Debt(3.8M)(13.8M)(76.4M)(4.8M)(30.1M)(28.6M)
Retained Earnings(572.6M)(586.2M)(629.4M)(682.5M)(765.4M)(727.1M)
Accounts Payable1.9M630K3.6M2.1M2.3M2.8M
Cash5.8M16.9M82.6M20.5M45.2M47.4M
Non Current Assets Total4.0M3.4M10.8M24.0M42.9M45.0M
Cash And Short Term Investments5.8M16.9M115.4M82.7M73.8M77.5M
Common Stock Shares Outstanding111.3M139.8M160.7M166.0M182.8M191.9M
Liabilities And Stockholders Equity11.8M21.0M130.2M115.0M129.6M136.1M
Other Current Assets729K698K2.3M6.4M8.2M8.6M
Other Stockholder Equity568.5M601.2M742.0M772.2M860.8M903.8M
Total Liab15.8M12.0M17.5M25.3M33.8M35.5M
Property Plant And Equipment Gross3.2M2.8M8.6M21.4M41.3M43.3M
Total Current Assets7.8M17.6M119.4M91.0M86.8M91.1M
Short Long Term Debt Total2.0M3.1M6.3M15.7M15.0M15.8M
Net Receivables1.5M1.1M0.04.1M949K1.3M
Non Current Liabilities Total1.4M2.0M5.0M13.8M13.3M14.0M
Accumulated Other Comprehensive Income0.0(6.1M)(19K)(127K)210K220.5K
Short Term Debt681K1.8M2.1M3.7M4.6M4.9M
Common Stock Total Equity126K153K164K171K153.9K146.2K
Common Stock126K153K164K171K195K185.3K
Other Assets621K1.4M2.1M2.5M2.3M1.3M
Property Plant Equipment1.8M1.9M8.6M6.8M6.1M3.1M
Current Deferred Revenue9.8M7.8M5.3M4.6M300K285K
Inventory192K0.01.8M1.9M3.9M4.1M
Intangible Assets221K164K115K75K17.2M18.1M
Net Tangible Assets(4.2M)8.8M112.6M89.7M103.1M108.3M
Retained Earnings Total Equity(572.6M)(586.2M)(629.4M)(682.5M)(614.3M)(645.0M)
Capital Surpluse568.5M601.2M742.0M772.2M888.1M600.1M
Capital Lease Obligations2.0M1.5M5.9M15.7M15.0M15.8M

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Additional Tools for Microvision Stock Analysis

When running Microvision's price analysis, check to measure Microvision's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microvision is operating at the current time. Most of Microvision's value examination focuses on studying past and present price action to predict the probability of Microvision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microvision's price. Additionally, you may evaluate how the addition of Microvision to your portfolios can decrease your overall portfolio volatility.