Energous Income Quality vs Days Of Inventory On Hand Analysis

WATT Stock

USD 0.51 0.04 8.51%

Energous financial indicator trend analysis is much more than just examining Energous latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energous is a good investment. Please check the relationship between Energous Income Quality and its Days Of Inventory On Hand accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Energous Stock please use our How to Invest in Energous guide.

Income Quality vs Days Of Inventory On Hand

Income Quality vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energous Income Quality account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have very week relationship.

The correlation between Energous' Income Quality and Days Of Inventory On Hand is 0.27. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Energous, assuming nothing else is changed. The correlation between historical values of Energous' Income Quality and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Energous are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Income Quality i.e., Energous' Income Quality and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Days Of Inventory On Hand

Most indicators from Energous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energous 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Energous Stock please use our How to Invest in Energous guide.At this time, Energous' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.20 in 2024, despite the fact that Enterprise Value is likely to grow to (3.9 M).

	2021	2022	2023	2024 (projected)
Net Interest Income	5.5K	411.1K	866.4K	909.8K
Interest Income	5.5K	411.1K	866.4K	909.8K

Net Interest Income Interest Income

Energous fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Other Current Assets	Property Plant And Equipment Gross	Short Term Debt	Property Plant Equipment
Total Assets		-0.04	0.38	0.97	-0.98	-0.61	0.5	1.0	1.0	0.58	-0.04	0.28	0.68	0.41	1.0	0.51	0.37	0.66	-0.69	0.66	-0.1	-0.02	0.85	0.3	0.46	0.59
Other Current Liab	-0.04		0.82	-0.15	0.06	-0.02	0.09	-0.05	-0.05	0.0	-0.4	0.24	0.01	0.78	-0.04	0.0	-0.02	0.0	-0.01	-0.02	-0.02	-0.1	0.01	-0.03	-0.09	-0.08
Total Current Liabilities	0.38	0.82		0.24	-0.32	-0.38	0.57	0.36	0.36	0.34	-0.28	0.54	0.38	0.98	0.37	0.32	0.29	0.47	-0.38	0.46	-0.05	-0.1	0.43	0.36	0.12	0.42
Total Stockholder Equity	0.97	-0.15	0.24		-0.99	-0.49	0.43	0.97	0.97	0.46	-0.12	0.25	0.63	0.26	0.97	0.37	0.34	0.58	-0.63	0.58	-0.09	0.05	0.8	0.13	0.39	0.53
Net Debt	-0.98	0.06	-0.32	-0.99		0.49	-0.46	-0.98	-0.98	-0.46	0.15	-0.28	-0.62	-0.34	-0.98	-0.38	-0.33	-0.57	0.62	-0.58	0.07	-0.05	-0.82	-0.13	-0.39	-0.53
Retained Earnings	-0.61	-0.02	-0.38	-0.49	0.49		-0.27	-0.59	-0.59	-0.95	-0.54	0.07	-0.96	-0.49	-0.59	-0.93	-0.22	-0.67	0.88	-0.6	0.43	0.64	-0.61	-0.74	-0.73	-0.66
Accounts Payable	0.5	0.09	0.57	0.43	-0.46	-0.27		0.47	0.47	0.15	-0.29	0.88	0.29	0.53	0.48	0.12	0.69	0.67	-0.42	0.71	0.16	0.28	0.57	0.42	-0.15	0.66
Cash	1.0	-0.05	0.36	0.97	-0.98	-0.59	0.47		1.0	0.58	-0.04	0.24	0.67	0.38	1.0	0.5	0.33	0.62	-0.67	0.62	-0.09	-0.02	0.84	0.27	0.47	0.56
Cash And Short Term Investments	1.0	-0.05	0.36	0.97	-0.98	-0.59	0.47	1.0		0.58	-0.04	0.24	0.67	0.38	1.0	0.5	0.33	0.62	-0.67	0.62	-0.09	-0.02	0.84	0.27	0.47	0.56
Common Stock Total Equity	0.58	0.0	0.34	0.46	-0.46	-0.95	0.15	0.58	0.58		0.66	-0.22	0.89	0.42	0.58	0.99	0.01	0.53	-0.74	0.47	-0.4	-0.62	0.57	0.76	0.88	0.63
Common Stock Shares Outstanding	-0.04	-0.4	-0.28	-0.12	0.15	-0.54	-0.29	-0.04	-0.04	0.66		-0.6	0.41	-0.2	-0.04	0.72	-0.42	0.01	-0.17	-0.05	-0.37	-0.59	0.07	0.54	0.68	0.2
Non Current Liabilities Total	0.28	0.24	0.54	0.25	-0.28	0.07	0.88	0.24	0.24	-0.22	-0.6		-0.01	0.5	0.25	-0.25	0.74	0.52	-0.15	0.57	0.06	0.46	0.33	0.06	-0.42	0.45
Other Stockholder Equity	0.68	0.01	0.38	0.63	-0.62	-0.96	0.29	0.67	0.67	0.89	0.41	-0.01		0.48	0.67	0.85	0.26	0.69	-0.91	0.62	-0.44	-0.58	0.66	0.59	0.69	0.69
Total Liab	0.41	0.78	0.98	0.26	-0.34	-0.49	0.53	0.38	0.38	0.42	-0.2	0.5	0.48		0.39	0.4	0.33	0.57	-0.46	0.55	-0.18	-0.2	0.42	0.43	0.2	0.46
Total Current Assets	1.0	-0.04	0.37	0.97	-0.98	-0.59	0.48	1.0	1.0	0.58	-0.04	0.25	0.67	0.39		0.5	0.34	0.63	-0.68	0.63	-0.09	-0.02	0.85	0.28	0.47	0.57
Common Stock	0.51	0.0	0.32	0.37	-0.38	-0.93	0.12	0.5	0.5	0.99	0.72	-0.25	0.85	0.4	0.5		-0.03	0.49	-0.68	0.43	-0.42	-0.59	0.52	0.78	0.86	0.62
Short Long Term Debt Total	0.37	-0.02	0.29	0.34	-0.33	-0.22	0.69	0.33	0.33	0.01	-0.42	0.74	0.26	0.33	0.34	-0.03		0.76	-0.51	0.8	-0.15	0.29	0.22	0.28	-0.27	0.54
Property Plant And Equipment Net	0.66	0.0	0.47	0.58	-0.57	-0.67	0.67	0.62	0.62	0.53	0.01	0.52	0.69	0.57	0.63	0.49	0.76		-0.75	0.99	-0.35	-0.08	0.52	0.61	0.24	0.73
Current Deferred Revenue	-0.69	-0.01	-0.38	-0.63	0.62	0.88	-0.42	-0.67	-0.67	-0.74	-0.17	-0.15	-0.91	-0.46	-0.68	-0.68	-0.51	-0.75		-0.7	0.27	0.46	-0.66	-0.55	-0.45	-0.64
Non Current Assets Total	0.66	-0.02	0.46	0.58	-0.58	-0.6	0.71	0.62	0.62	0.47	-0.05	0.57	0.62	0.55	0.63	0.43	0.8	0.99	-0.7		-0.3	0.04	0.5	0.59	0.18	0.73
Non Currrent Assets Other	-0.1	-0.02	-0.05	-0.09	0.07	0.43	0.16	-0.09	-0.09	-0.4	-0.37	0.06	-0.44	-0.18	-0.09	-0.42	-0.15	-0.35	0.27	-0.3		0.35	-0.1	-0.12	-0.44	-0.35
Other Assets	-0.02	-0.1	-0.1	0.05	-0.05	0.64	0.28	-0.02	-0.02	-0.62	-0.59	0.46	-0.58	-0.2	-0.02	-0.59	0.29	-0.08	0.46	0.04	0.35		-0.17	-0.28	-0.57	0.01
Other Current Assets	0.85	0.01	0.43	0.8	-0.82	-0.61	0.57	0.84	0.84	0.57	0.07	0.33	0.66	0.42	0.85	0.52	0.22	0.52	-0.66	0.5	-0.1	-0.17		0.26	0.42	0.56
Property Plant And Equipment Gross	0.3	-0.03	0.36	0.13	-0.13	-0.74	0.42	0.27	0.27	0.76	0.54	0.06	0.59	0.43	0.28	0.78	0.28	0.61	-0.55	0.59	-0.12	-0.28	0.26		0.5	0.67
Short Term Debt	0.46	-0.09	0.12	0.39	-0.39	-0.73	-0.15	0.47	0.47	0.88	0.68	-0.42	0.69	0.2	0.47	0.86	-0.27	0.24	-0.45	0.18	-0.44	-0.57	0.42	0.5		0.47
Property Plant Equipment	0.59	-0.08	0.42	0.53	-0.53	-0.66	0.66	0.56	0.56	0.63	0.2	0.45	0.69	0.46	0.57	0.62	0.54	0.73	-0.64	0.73	-0.35	0.01	0.56	0.67	0.47

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Energous Account Relationship Matchups

Energous fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.9M	53.1M	51.4M	29.8M	16.7M	29.1M
Other Current Liab	2.1M	750.9K	1.9M	1.5M	1.3M	1.4M
Total Current Liabilities	4.5M	3.5M	4.3M	3.8M	4.6M	4.4M
Total Stockholder Equity	19.0M	49.1M	47.0M	24.6M	11.5M	10.9M
Net Debt	(19.6M)	(49.3M)	(48.4M)	(24.3M)	(12.7M)	(13.3M)
Retained Earnings	(263.1M)	(295.0M)	(336.4M)	(362.7M)	(382.0M)	(362.9M)
Accounts Payable	1.7M	1.1M	1.2M	900.8K	1.9M	1.8M
Cash	21.7M	50.7M	49.1M	26.3M	13.9M	26.5M
Cash And Short Term Investments	21.7M	50.7M	49.1M	26.3M	13.9M	26.5M
Common Stock Total Equity	225.0	265.0	333.0	614.0	706.1	741.41
Common Stock Shares Outstanding	1.5M	2.1M	3.2M	3.9M	4.7M	4.9M
Liabilities And Stockholders Equity	24.9M	53.1M	51.4M	29.8M	16.7M	29.1M
Non Current Liabilities Total	1.4M	576.8K	40.4K	1.3M	556.9K	529.0K
Other Stockholder Equity	282.2M	344.0M	383.4M	387.3M	393.5M	234.9M
Total Liab	5.9M	4.1M	4.4M	5.1M	5.2M	4.8M
Total Current Assets	22.2M	51.4M	50.2M	27.4M	15.0M	27.4M
Common Stock	333.0	614.0	767.0	789.0	930.0	976.5
Property Plant And Equipment Net	2.7M	1.7M	1.1M	2.4M	1.7M	1.8M
Non Current Assets Total	2.7M	1.7M	1.1M	2.4M	1.7M	1.9M
Other Current Assets	450.2K	1.3M	1.7M	827.6K	539.1K	908.8K
Property Plant And Equipment Gross	2.7M	1.7M	1.1M	2.4M	5.7M	6.0M
Property Plant Equipment	626.5K	1.7M	1.1M	2.4M	2.7M	1.6M
Net Tangible Assets	19.0M	49.1M	47.0M	24.6M	28.3M	31.7M
Net Receivables	63.1K	75.9K	283.6K	143.4K	101.6K	114.3K
Retained Earnings Total Equity	(173.9M)	(224.7M)	(263.1M)	(295.0M)	(265.5M)	(278.7M)
Capital Surpluse	185.7M	243.1M	282.2M	344.0M	395.6M	219.8M
Net Invested Capital	19.0M	49.1M	47.0M	24.6M	11.5M	10.9M
Net Working Capital	17.7M	47.9M	45.9M	23.5M	10.4M	9.9M
Capital Stock	333.0	614.0	767.0	789.0	930.0	677.96

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