Energous Property Plant Equipment vs Net Working Capital Analysis

WATT Stock  USD 0.47  0.01  1.06%   
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 Property Plant Equipment and its Net Working Capital 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.

Property Plant Equipment vs Net Working Capital

Property Plant Equipment vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energous Property Plant Equipment account and Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Energous' Property Plant Equipment and Net Working Capital is 0.14. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Energous, assuming nothing else is changed. The correlation between historical values of Energous' Property Plant Equipment and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Energous are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Property Plant Equipment i.e., Energous' Property Plant Equipment and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Net Working Capital

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 Income5.5K411.1K866.4K909.8K
Interest Income5.5K411.1K866.4K909.8K

Energous fundamental ratios Correlations

-0.040.380.97-0.98-0.610.51.01.00.58-0.040.280.680.411.00.510.370.66-0.690.66-0.1-0.020.850.30.460.59
-0.040.82-0.150.06-0.020.09-0.05-0.050.0-0.40.240.010.78-0.040.0-0.020.0-0.01-0.02-0.02-0.10.01-0.03-0.09-0.08
0.380.820.24-0.32-0.380.570.360.360.34-0.280.540.380.980.370.320.290.47-0.380.46-0.05-0.10.430.360.120.42
0.97-0.150.24-0.99-0.490.430.970.970.46-0.120.250.630.260.970.370.340.58-0.630.58-0.090.050.80.130.390.53
-0.980.06-0.32-0.990.49-0.46-0.98-0.98-0.460.15-0.28-0.62-0.34-0.98-0.38-0.33-0.570.62-0.580.07-0.05-0.82-0.13-0.39-0.53
-0.61-0.02-0.38-0.490.49-0.27-0.59-0.59-0.95-0.540.07-0.96-0.49-0.59-0.93-0.22-0.670.88-0.60.430.64-0.61-0.74-0.73-0.66
0.50.090.570.43-0.46-0.270.470.470.15-0.290.880.290.530.480.120.690.67-0.420.710.160.280.570.42-0.150.66
1.0-0.050.360.97-0.98-0.590.471.00.58-0.040.240.670.381.00.50.330.62-0.670.62-0.09-0.020.840.270.470.56
1.0-0.050.360.97-0.98-0.590.471.00.58-0.040.240.670.381.00.50.330.62-0.670.62-0.09-0.020.840.270.470.56
0.580.00.340.46-0.46-0.950.150.580.580.66-0.220.890.420.580.990.010.53-0.740.47-0.4-0.620.570.760.880.63
-0.04-0.4-0.28-0.120.15-0.54-0.29-0.04-0.040.66-0.60.41-0.2-0.040.72-0.420.01-0.17-0.05-0.37-0.590.070.540.680.2
0.280.240.540.25-0.280.070.880.240.24-0.22-0.6-0.010.50.25-0.250.740.52-0.150.570.060.460.330.06-0.420.45
0.680.010.380.63-0.62-0.960.290.670.670.890.41-0.010.480.670.850.260.69-0.910.62-0.44-0.580.660.590.690.69
0.410.780.980.26-0.34-0.490.530.380.380.42-0.20.50.480.390.40.330.57-0.460.55-0.18-0.20.420.430.20.46
1.0-0.040.370.97-0.98-0.590.481.01.00.58-0.040.250.670.390.50.340.63-0.680.63-0.09-0.020.850.280.470.57
0.510.00.320.37-0.38-0.930.120.50.50.990.72-0.250.850.40.5-0.030.49-0.680.43-0.42-0.590.520.780.860.62
0.37-0.020.290.34-0.33-0.220.690.330.330.01-0.420.740.260.330.34-0.030.76-0.510.8-0.150.290.220.28-0.270.54
0.660.00.470.58-0.57-0.670.670.620.620.530.010.520.690.570.630.490.76-0.750.99-0.35-0.080.520.610.240.73
-0.69-0.01-0.38-0.630.620.88-0.42-0.67-0.67-0.74-0.17-0.15-0.91-0.46-0.68-0.68-0.51-0.75-0.70.270.46-0.66-0.55-0.45-0.64
0.66-0.020.460.58-0.58-0.60.710.620.620.47-0.050.570.620.550.630.430.80.99-0.7-0.30.040.50.590.180.73
-0.1-0.02-0.05-0.090.070.430.16-0.09-0.09-0.4-0.370.06-0.44-0.18-0.09-0.42-0.15-0.350.27-0.30.35-0.1-0.12-0.44-0.35
-0.02-0.1-0.10.05-0.050.640.28-0.02-0.02-0.62-0.590.46-0.58-0.2-0.02-0.590.29-0.080.460.040.35-0.17-0.28-0.570.01
0.850.010.430.8-0.82-0.610.570.840.840.570.070.330.660.420.850.520.220.52-0.660.5-0.1-0.170.260.420.56
0.3-0.030.360.13-0.13-0.740.420.270.270.760.540.060.590.430.280.780.280.61-0.550.59-0.12-0.280.260.50.67
0.46-0.090.120.39-0.39-0.73-0.150.470.470.880.68-0.420.690.20.470.86-0.270.24-0.450.18-0.44-0.570.420.50.47
0.59-0.080.420.53-0.53-0.660.660.560.560.630.20.450.690.460.570.620.540.73-0.640.73-0.350.010.560.670.47
Click cells to compare fundamentals

Energous Account Relationship Matchups

Energous fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.9M53.1M51.4M29.8M16.7M29.1M
Other Current Liab2.1M750.9K1.9M1.5M1.3M1.4M
Total Current Liabilities4.5M3.5M4.3M3.8M4.6M4.4M
Total Stockholder Equity19.0M49.1M47.0M24.6M11.5M10.9M
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 Payable1.7M1.1M1.2M900.8K1.9M1.8M
Cash21.7M50.7M49.1M26.3M13.9M26.5M
Cash And Short Term Investments21.7M50.7M49.1M26.3M13.9M26.5M
Common Stock Total Equity225.0265.0333.0614.0706.1741.41
Common Stock Shares Outstanding1.5M2.1M3.2M3.9M4.7M4.9M
Liabilities And Stockholders Equity24.9M53.1M51.4M29.8M16.7M29.1M
Non Current Liabilities Total1.4M576.8K40.4K1.3M556.9K529.0K
Other Stockholder Equity282.2M344.0M383.4M387.3M393.5M234.9M
Total Liab5.9M4.1M4.4M5.1M5.2M4.8M
Total Current Assets22.2M51.4M50.2M27.4M15.0M27.4M
Common Stock333.0614.0767.0789.0930.0976.5
Property Plant And Equipment Net2.7M1.7M1.1M2.4M1.7M1.8M
Non Current Assets Total2.7M1.7M1.1M2.4M1.7M1.9M
Other Current Assets450.2K1.3M1.7M827.6K539.1K908.8K
Property Plant And Equipment Gross2.7M1.7M1.1M2.4M5.7M6.0M
Property Plant Equipment626.5K1.7M1.1M2.4M2.7M1.6M
Net Tangible Assets19.0M49.1M47.0M24.6M28.3M31.7M
Net Receivables63.1K75.9K283.6K143.4K101.6K114.3K
Retained Earnings Total Equity(173.9M)(224.7M)(263.1M)(295.0M)(265.5M)(278.7M)
Capital Surpluse185.7M243.1M282.2M344.0M395.6M219.8M
Net Invested Capital19.0M49.1M47.0M24.6M11.5M10.9M
Net Working Capital17.7M47.9M45.9M23.5M10.4M9.9M
Capital Stock333.0614.0767.0789.0930.0677.96

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