Vivani Net Income From Continuing Ops vs Interest Expense Analysis

VANI Stock  USD 1.34  0.01  0.75%   
Vivani Medical financial indicator trend analysis is much more than just breaking down Vivani Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vivani Medical is a good investment. Please check the relationship between Vivani Medical Net Income From Continuing Ops and its Interest Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivani Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.

Net Income From Continuing Ops vs Interest Expense

Net Income From Continuing Ops vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vivani Medical Net Income From Continuing Ops account and Interest Expense. At this time, the significance of the direction appears to have pay attention.
The correlation between Vivani Medical's Net Income From Continuing Ops and Interest Expense is -0.74. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Vivani Medical, assuming nothing else is changed. The correlation between historical values of Vivani Medical's Net Income From Continuing Ops and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Vivani Medical are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Income From Continuing Ops i.e., Vivani Medical's Net Income From Continuing Ops and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income From Continuing Ops

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Vivani Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vivani Medical 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vivani Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.The current Selling General Administrative is estimated to decrease to about 7.9 M. The current Issuance Of Capital Stock is estimated to decrease to about 126.3 K
 2021 2022 2023 2024 (projected)
Total Operating Expenses13.3M21.2M27.0M24.7M
Cost Of Revenue345K381K357K339.2K

Vivani Medical fundamental ratios Correlations

0.110.230.650.920.380.48-0.60.050.180.690.410.390.940.140.590.520.140.210.740.390.270.940.51-0.06-0.28
0.11-0.32-0.23-0.220.73-0.250.430.31-0.280.160.730.79-0.05-0.110.58-0.061.0-0.320.380.650.97-0.070.52-0.64-0.74
0.23-0.320.820.29-0.130.11-0.33-0.90.730.09-0.14-0.260.210.49-0.090.14-0.30.420.210.22-0.150.31-0.240.830.12
0.65-0.230.820.70.130.52-0.47-0.640.560.310.130.030.610.470.190.57-0.220.540.510.4-0.010.70.080.58-0.13
0.92-0.220.290.70.20.55-0.770.010.270.660.230.20.940.20.460.57-0.20.280.670.21-0.060.940.420.08-0.15
0.380.73-0.130.130.2-0.14-0.020.19-0.070.471.00.980.170.030.880.080.7-0.340.710.920.760.140.87-0.57-0.94
0.48-0.250.110.520.55-0.14-0.03-0.07-0.18-0.16-0.14-0.160.50.27-0.190.93-0.250.740.02-0.07-0.150.59-0.160.20.12
-0.60.43-0.33-0.47-0.77-0.02-0.030.05-0.52-0.82-0.06-0.01-0.710.0-0.4-0.020.40.13-0.550.010.31-0.64-0.37-0.19-0.03
0.050.31-0.9-0.640.010.19-0.070.05-0.620.190.210.350.07-0.310.32-0.10.3-0.320.11-0.180.16-0.010.42-0.89-0.19
0.18-0.280.730.560.27-0.07-0.18-0.52-0.620.36-0.06-0.130.24-0.050.09-0.15-0.240.050.340.13-0.130.27-0.10.60.02
0.690.160.090.310.660.47-0.16-0.820.190.360.510.50.71-0.110.8-0.060.19-0.390.810.370.270.620.73-0.23-0.42
0.410.73-0.140.130.231.0-0.14-0.060.21-0.060.510.990.20.020.90.070.69-0.360.740.910.760.170.89-0.58-0.94
0.390.79-0.260.030.20.98-0.16-0.010.35-0.130.50.990.2-0.030.910.050.76-0.380.730.850.80.150.89-0.69-0.94
0.94-0.050.210.610.940.170.5-0.710.070.240.710.20.20.070.460.54-0.010.190.640.160.110.980.380.02-0.13
0.14-0.110.490.470.20.030.270.0-0.31-0.05-0.110.02-0.030.07-0.010.25-0.120.510.140.2-0.040.2-0.040.25-0.08
0.590.58-0.090.190.460.88-0.19-0.40.320.090.80.90.910.46-0.010.00.57-0.410.90.760.640.390.95-0.57-0.83
0.52-0.060.140.570.570.080.93-0.02-0.1-0.15-0.060.070.050.540.250.0-0.070.610.180.160.040.620.030.13-0.14
0.141.0-0.3-0.22-0.20.7-0.250.40.3-0.240.190.690.76-0.01-0.120.57-0.07-0.310.380.620.98-0.040.49-0.62-0.71
0.21-0.320.420.540.28-0.340.740.13-0.320.05-0.39-0.36-0.380.190.51-0.410.61-0.31-0.09-0.16-0.240.36-0.440.440.29
0.740.380.210.510.670.710.02-0.550.110.340.810.740.730.640.140.90.180.38-0.090.690.490.630.8-0.3-0.69
0.390.650.220.40.210.92-0.070.01-0.180.130.370.910.850.160.20.760.160.62-0.160.690.740.170.7-0.24-0.88
0.270.97-0.15-0.01-0.060.76-0.150.310.16-0.130.270.760.80.11-0.040.640.040.98-0.240.490.740.10.53-0.51-0.77
0.94-0.070.310.70.940.140.59-0.64-0.010.270.620.170.150.980.20.390.62-0.040.360.630.170.10.30.11-0.12
0.510.52-0.240.080.420.87-0.16-0.370.42-0.10.730.890.890.38-0.040.950.030.49-0.440.80.70.530.3-0.66-0.8
-0.06-0.640.830.580.08-0.570.2-0.19-0.890.6-0.23-0.58-0.690.020.25-0.570.13-0.620.44-0.3-0.24-0.510.11-0.660.56
-0.28-0.740.12-0.13-0.15-0.940.12-0.03-0.190.02-0.42-0.94-0.94-0.13-0.08-0.83-0.14-0.710.29-0.69-0.88-0.77-0.12-0.80.56
Click cells to compare fundamentals

Vivani Medical Account Relationship Matchups

Vivani Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.6M5.2M5.5M51.1M45.8M23.7M
Other Current Liab5.3M573K895K3.7M2.4M2.8M
Total Current Liabilities7.0M2.2M2.1M6.8M5.7M6.0M
Total Stockholder Equity7.3M2.0M2.5M44.3M20.8M13.0M
Property Plant And Equipment Net3.5M2.6M2.8M2.0M21.3M22.4M
Net Debt(8.7M)386K(366K)(44.1M)42K44.1K
Retained Earnings(304.8M)(46.1M)(58.9M)(72.8M)(98.4M)(103.4M)
Accounts Payable1.1M223K281K1.2M542K806.5K
Cash11.3M2.1M2.2M45.1M20.7M21.7M
Non Current Assets Total3.5M2.8M3.0M3.6M22.7M23.9M
Non Currrent Assets Other37K25K200K275K1.4M1.5M
Cash And Short Term Investments11.3M2.1M2.2M45.1M20.7M15.4M
Common Stock Shares Outstanding4.9M6.9M11.0M38.2M50.9M53.4M
Liabilities And Stockholders Equity16.6M5.2M5.5M51.1M45.8M23.7M
Other Current Assets299K348K291K2.5M2.4M2.5M
Other Stockholder Equity48.6M5.0M6.7M8.0M119.1M125.0M
Total Liab9.3M3.3M3.0M6.8M25.0M26.3M
Total Current Assets13.1M2.4M2.5M47.5M23.1M19.6M
Accumulated Other Comprehensive Income(562K)(448K)(379K)35K140K147K
Common Stock264.0M43.0M54.6M109.1M5K4.8K

Currently Active Assets on Macroaxis

When determining whether Vivani Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vivani Medical'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 Vivani Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vivani Medical Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivani Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Biotechnology 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 Vivani Medical. If investors know Vivani 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 Vivani Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.43)
Return On Assets
(0.29)
Return On Equity
(0.86)
The market value of Vivani Medical is measured differently than its book value, which is the value of Vivani that is recorded on the company's balance sheet. Investors also form their own opinion of Vivani Medical's value that differs from its market value or its book value, called intrinsic value, which is Vivani Medical'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 Vivani Medical's market value can be influenced by many factors that don't directly affect Vivani Medical'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 Vivani Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivani Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivani Medical'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.