WiSA Capital Stock vs Total Assets Analysis
| WISA Stock | USD 1.62 0.11 6.36% |
WiSA Technologies financial indicator trend analysis is more than just analyzing WiSA Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WiSA Technologies is a good investment. Please check the relationship between WiSA Technologies Capital Stock and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiSA Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade WiSA Stock refer to our How to Trade WiSA Stock guide.
Capital Stock vs Total Assets
Capital Stock vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WiSA Technologies Capital Stock account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between WiSA Technologies' Capital Stock and Total Assets is 0.26. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of WiSA Technologies, assuming nothing else is changed. The correlation between historical values of WiSA Technologies' Capital Stock 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 Capital Stock of WiSA Technologies 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 Capital Stock i.e., WiSA Technologies' Capital Stock and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.26 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Total Assets
Total assets refers to the total amount of WiSA Technologies 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 WiSA Technologies 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 WiSA Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WiSA Technologies 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 WiSA Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade WiSA Stock refer to our How to Trade WiSA Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 2.71, whereas Tax Provision is forecasted to decline to 1,710.
| 2023 | 2024 (projected) | Interest Income | 38.0K | 36.1K | Tax Provision | 1.8K | 1.7K |
WiSA Technologies fundamental ratios Correlations
Click cells to compare fundamentals
WiSA Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WiSA Technologies fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 4.2M | 11.3M | 19.4M | 11.5M | 4.8M | 7.3M | |
| Total Current Liabilities | 2.7M | 2.3M | 3.0M | 3.7M | 3.6M | 3.3M | |
| Total Stockholder Equity | 1.1M | 7.9M | 16.4M | (2.0M) | (4.9M) | (5.2M) | |
| Net Tangible Assets | 566K | 7.3M | 16.4M | (2.0M) | (2.3M) | (2.4M) | |
| Retained Earnings | (187.7M) | (200.4M) | (212.2M) | (228.3M) | (247.0M) | (259.4M) | |
| Accounts Payable | 1.6M | 672K | 1.5M | 2.0M | 2.3M | 1.5M | |
| Cash | 298K | 7.4M | 13.1M | 2.9M | 411K | 390.5K | |
| Cash And Short Term Investments | 298K | 7.4M | 13.1M | 2.9M | 411K | 390.5K | |
| Net Receivables | 108K | 85K | 214K | 273K | 294K | 308.7K | |
| Inventory | 2.7M | 2.7M | 4.8M | 7.1M | 2.7M | 2.8M | |
| Other Stockholder Equity | 188.3M | 207.7M | 228.6M | 226.3M | 242.1M | 164.5M | |
| Total Liab | 3.1M | 3.4M | 3.0M | 13.4M | 9.7M | 12.7M | |
| Total Current Assets | 4.0M | 11.1M | 19.2M | 11.1M | 4.1M | 7.0M | |
| Common Stock | 1.5K | 2K | 1K | 7K | 6.3K | 6.0K | |
| Property Plant Equipment | 84K | 142K | 162K | 294K | 338.1K | 355.0K | |
| Other Current Liab | 695K | 1.1M | 1.4M | 1.4M | 1.3M | 1.2M | |
| Other Liab | 411K | 395K | 49K | 9.3M | 8.4M | 8.8M | |
| Property Plant And Equipment Net | 84K | 142K | 162K | 174K | 709K | 744.5K | |
| Net Debt | (298K) | (6.5M) | (13.1M) | (2.3M) | (411K) | (431.6K) | |
| Non Current Assets Total | 206K | 183K | 203K | 322K | 740K | 777K | |
| Non Currrent Assets Other | 93.6K | 94K | 41K | 148K | 31K | 29.5K | |
| Common Stock Total Equity | 309.0 | 1.5K | 2K | 1K | 900.0 | 855.0 | |
| Common Stock Shares Outstanding | 124.37 | 560.0 | 1.1K | 1.3K | 52.7K | 55.3K | |
| Liabilities And Stockholders Equity | 4.2M | 11.3M | 19.4M | 11.5M | 4.8M | 8.1M | |
| Non Current Liabilities Total | 411K | 1.1M | 49K | 9.8M | 6.1M | 10.6M | |
| Other Current Assets | 944K | 1.8M | 1.1M | 890K | 641K | 840.2K | |
| Property Plant And Equipment Gross | 84K | 142K | 1.1M | 829K | 752K | 434.4K | |
| Accumulated Other Comprehensive Income | (45.0K) | (48K) | (19.4M) | 0.0 | (247K) | (259.4K) | |
| Net Invested Capital | 594K | 8.2M | 16.4M | (1.5M) | (5.2M) | (4.9M) | |
| Net Working Capital | 1.3M | 8.8M | 16.2M | 7.5M | 446K | 423.7K | |
| Capital Stock | 519K | 598K | 2K | 7K | 254K | 184.2K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WiSA Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiSA Technologies' 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 Wisa Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wisa Technologies Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiSA Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade WiSA Stock refer to our How to Trade WiSA Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Semiconductors & Semiconductor Equipment 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 WiSA Technologies. If investors know WiSA 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 WiSA Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -1.3 K | Revenue Per Share 1.648 | Quarterly Revenue Growth (0.19) | Return On Assets (1.31) | Return On Equity (8.53) |
The market value of WiSA Technologies is measured differently than its book value, which is the value of WiSA that is recorded on the company's balance sheet. Investors also form their own opinion of WiSA Technologies' value that differs from its market value or its book value, called intrinsic value, which is WiSA Technologies' 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 WiSA Technologies' market value can be influenced by many factors that don't directly affect WiSA Technologies' 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 WiSA Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if WiSA Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiSA Technologies' 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.