Phunware Non Current Assets Total vs Total Assets Analysis

PHUN Stock  USD 4.88  0.48  10.91%   
Phunware financial indicator trend analysis is much more than just breaking down Phunware prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phunware is a good investment. Please check the relationship between Phunware Non Current Assets Total and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phunware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.

Non Current Assets Total vs Total Assets

Non Current Assets Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phunware Non Current Assets Total account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Phunware's Non Current Assets Total and Total Assets is 0.84. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Phunware, assuming nothing else is changed. The correlation between historical values of Phunware's Non Current Assets Total 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 Non Current Assets Total of Phunware 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 Non Current Assets Total i.e., Phunware's Non Current Assets Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Assets

Total assets refers to the total amount of Phunware 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 Phunware 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 Phunware's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phunware 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phunware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.At this time, Phunware's Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Sales General And Administrative To Revenue is likely to grow to 2.99, while Selling General Administrative is likely to drop about 13 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.6M5.1M1.7M1.6M
Total Revenue10.6M21.8M4.8M4.6M

Phunware fundamental ratios Correlations

-0.380.590.630.310.30.63-0.52-0.420.36-0.450.53-0.28-0.47-0.55-0.60.840.55-0.40.580.75-0.58-0.32-0.340.36-0.25
-0.38-0.32-0.80.570.57-0.940.820.980.620.690.430.070.950.010.85-0.76-0.820.55-0.92-0.020.70.60.79-0.670.77
0.59-0.320.410.130.150.45-0.35-0.350.15-0.590.22-0.18-0.35-0.33-0.640.530.78-0.290.40.38-0.36-0.28-0.250.77-0.17
0.63-0.80.41-0.42-0.420.86-0.94-0.75-0.42-0.90.080.06-0.88-0.19-0.740.910.73-0.550.930.55-0.98-0.23-0.910.63-0.81
0.310.570.13-0.421.0-0.380.510.470.960.50.59-0.270.58-0.730.28-0.24-0.310.15-0.470.120.41-0.020.59-0.340.4
0.30.570.15-0.421.0-0.380.520.470.960.490.59-0.270.59-0.730.28-0.25-0.310.16-0.470.120.41-0.020.59-0.330.41
0.63-0.940.450.86-0.38-0.38-0.8-0.95-0.43-0.71-0.18-0.26-0.97-0.14-0.880.920.87-0.60.910.26-0.76-0.64-0.750.63-0.69
-0.520.82-0.35-0.940.510.52-0.80.740.470.890.03-0.30.830.120.74-0.82-0.670.52-0.96-0.460.930.140.9-0.680.81
-0.420.98-0.35-0.750.470.47-0.950.740.550.620.430.230.940.070.85-0.76-0.840.59-0.860.010.630.730.7-0.620.71
0.360.620.15-0.420.960.96-0.430.470.550.480.67-0.150.63-0.640.29-0.21-0.360.2-0.460.280.40.130.61-0.330.51
-0.450.69-0.59-0.90.50.49-0.710.890.620.48-0.03-0.20.770.070.68-0.76-0.770.42-0.83-0.490.920.060.87-0.780.74
0.530.430.220.080.590.59-0.180.030.430.67-0.030.110.27-0.420.080.16-0.14-0.13-0.10.76-0.160.40.17-0.060.25
-0.280.07-0.180.06-0.27-0.27-0.26-0.30.23-0.15-0.20.110.170.140.03-0.21-0.250.020.140.08-0.170.69-0.210.25-0.17
-0.470.95-0.35-0.880.580.59-0.970.830.940.630.770.270.17-0.060.83-0.86-0.840.58-0.91-0.210.80.540.83-0.630.72
-0.550.01-0.33-0.19-0.73-0.73-0.140.120.07-0.640.07-0.420.14-0.060.15-0.21-0.120.15-0.13-0.240.190.230.05-0.070.31
-0.60.85-0.64-0.740.280.28-0.880.740.850.290.680.080.030.830.15-0.8-0.920.67-0.87-0.210.630.550.61-0.860.54
0.84-0.760.530.91-0.24-0.250.92-0.82-0.76-0.21-0.760.16-0.21-0.86-0.21-0.80.8-0.540.880.62-0.84-0.41-0.720.58-0.56
0.55-0.820.780.73-0.31-0.310.87-0.67-0.84-0.36-0.77-0.14-0.25-0.84-0.12-0.920.8-0.590.780.21-0.64-0.6-0.620.85-0.55
-0.40.55-0.29-0.550.150.16-0.60.520.590.20.42-0.130.020.580.150.67-0.54-0.59-0.55-0.230.480.50.36-0.530.45
0.58-0.920.40.93-0.47-0.470.91-0.96-0.86-0.46-0.83-0.10.14-0.91-0.13-0.870.880.78-0.550.35-0.88-0.34-0.870.73-0.78
0.75-0.020.380.550.120.120.26-0.460.010.28-0.490.760.08-0.21-0.24-0.210.620.21-0.230.35-0.610.29-0.310.19-0.1
-0.580.7-0.36-0.980.410.41-0.760.930.630.40.92-0.16-0.170.80.190.63-0.84-0.640.48-0.88-0.610.070.9-0.580.79
-0.320.6-0.28-0.23-0.02-0.02-0.640.140.730.130.060.40.690.540.230.55-0.41-0.60.5-0.340.290.070.12-0.240.29
-0.340.79-0.25-0.910.590.59-0.750.90.70.610.870.17-0.210.830.050.61-0.72-0.620.36-0.87-0.310.90.12-0.590.89
0.36-0.670.770.63-0.34-0.330.63-0.68-0.62-0.33-0.78-0.060.25-0.63-0.07-0.860.580.85-0.530.730.19-0.58-0.24-0.59-0.51
-0.250.77-0.17-0.810.40.41-0.690.810.710.510.740.25-0.170.720.310.54-0.56-0.550.45-0.78-0.10.790.290.89-0.51
Click cells to compare fundamentals

Phunware Account Relationship Matchups

Phunware fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.1M31.8M99.3M56.8M6.7M6.4M
Total Current Liabilities19.8M26.5M30.3M25.6M16.5M15.7M
Total Stockholder Equity4.0M(2.0M)65.3M24.9M(11.5M)(10.9M)
Retained Earnings(123.6M)(145.8M)(199.3M)(250.2M)(303.0M)(287.9M)
Cash276K3.9M23.1M2.0M3.9M3.5M
Cash And Short Term Investments276K3.9M23.1M2.0M3.9M3.5M
Common Stock Total Equity287.04K6K10K9K8.6K
Total Liab25.0M33.8M34.0M31.9M18.2M20.9M
Total Current Assets2.3M4.9M60.0M16.9M5.0M4.7M
Other Current Liab5.2M11.0M13.8M7.9M1.1M1.0M
Other Liab4.1M3.4M2.6M3.2M2.9M3.8M
Net Tangible Assets(22.1M)(28.0M)28.8M(8.8M)(10.1M)(10.6M)
Net Debt829K4.5M(16.7M)11.8M2.7M2.8M
Accounts Payable10.2M8.5M6.6M6.8M7.8M6.5M
Non Current Assets Total26.7M26.9M39.3M39.9M1.8M1.7M
Other Assets603K904K1.6M2.4M2.7M1.8M
Net Receivables1.7M664K967K835K550K522.5K
Good Will25.8M25.9M25.9M33.3M31.1M0.0
Common Stock Shares Outstanding737.6K885.4K1.5M2.0M2.4M2.5M
Liabilities And Stockholders Equity29.1M31.8M99.3M56.8M6.7M6.4M
Non Current Liabilities Total5.2M7.4M3.7M6.3M1.7M1.6M
Other Current Assets368K398K33.3M11.3M477K453.2K
Other Stockholder Equity99.0M144.2M264.9M275.6M292.0M158.3M
Property Plant And Equipment Gross24K13K1.3M3.9M1.5M933.2K
Short Long Term Debt1.1M4.4M4.9M9.7M4.9M3.4M
Accumulated Other Comprehensive Income(418K)(382K)(338K)(352K)(472K)(438.9K)
Short Term Debt1.1M3.8M5.7M10.4M6.2M3.7M
Intangible Assets253K111K3.2M2.5M2.9M1.5M
Property Plant Equipment24K13K1.3M3.9M4.5M4.7M
Short Long Term Debt Total2.2M8.4M6.5M13.7M6.6M6.0M
Property Plant And Equipment Net24K13K1.3M3.9M1.5M1.1M
When determining whether Phunware offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phunware's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phunware Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phunware Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phunware. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Phunware Stock, please use our How to Invest in Phunware guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Systems Software 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 Phunware. If investors know Phunware 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 Phunware listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.52)
Revenue Per Share
0.484
Quarterly Revenue Growth
(0.76)
Return On Assets
(0.22)
Return On Equity
(1.56)
The market value of Phunware is measured differently than its book value, which is the value of Phunware that is recorded on the company's balance sheet. Investors also form their own opinion of Phunware's value that differs from its market value or its book value, called intrinsic value, which is Phunware'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 Phunware's market value can be influenced by many factors that don't directly affect Phunware'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 Phunware's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phunware is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phunware'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.