Vivani Other Operating Expenses vs Ebit 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 Other Operating Expenses and its Ebit 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.

Other Operating Expenses vs Ebit

Other Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vivani Medical Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have pay attention.
The correlation between Vivani Medical's Other Operating Expenses and Ebit is -0.9. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit 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 Other Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Vivani Medical are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., Vivani Medical's Other Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Vivani Medical. It is also known as Vivani Medical overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Ebit

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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.