Aspen Historical Financial Ratios
| ASPN Stock | USD 14.31 0.31 2.21% |
Aspen Aerogels is presently reporting on over 107 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, PTB Ratio of 3.51 or Days Sales Outstanding of 61.94 will help investors to properly organize and evaluate Aspen Aerogels financial condition quickly.
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About Aspen Financial Ratios Analysis
Aspen AerogelsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Aspen Aerogels investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Aspen financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Aspen Aerogels history.
Aspen Aerogels Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Aspen Aerogels stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Aspen Aerogels sales, a figure that is much harder to manipulate than other Aspen Aerogels multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most ratios from Aspen Aerogels' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Aspen Aerogels current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Aerogels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.At this time, Aspen Aerogels' Capex To Revenue is very stable compared to the past year. As of the 22nd of November 2024, Days Payables Outstanding is likely to grow to 107.71, while Price To Sales Ratio is likely to drop 4.36.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 6.4 | 3.2 | 3.56 | 3.38 | Days Of Inventory On Hand | 39.17 | 46.9 | 78.68 | 82.62 |
Aspen Aerogels fundamentals Correlations
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Aspen Aerogels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aspen Aerogels fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.34 | 4.39 | 12.46 | 2.57 | 4.59 | 4.36 | |
| Ptb Ratio | 3.17 | 6.49 | 11.8 | 1.04 | 2.25 | 3.51 | |
| Days Sales Outstanding | 84.47 | 57.14 | 61.3 | 116.06 | 107.02 | 61.94 | |
| Book Value Per Share | 2.45 | 2.57 | 4.22 | 11.26 | 7.03 | 7.38 | |
| Free Cash Flow Yield | (0.0169) | (0.0303) | (0.0214) | (0.59) | (0.2) | (0.21) | |
| Operating Cash Flow Per Share | (0.36) | (0.0437) | (0.38) | (0.61) | (2.4) | (0.64) | |
| Stock Based Compensation To Revenue | 0.0271 | 0.0499 | 0.0426 | 0.052 | 0.0459 | 0.033 | |
| Pb Ratio | 3.17 | 6.49 | 11.8 | 1.04 | 2.25 | 3.51 | |
| Ev To Sales | 1.38 | 4.31 | 11.95 | 1.72 | 4.59 | 2.54 | |
| Free Cash Flow Per Share | (0.13) | (0.51) | (1.06) | (6.92) | (3.14) | (3.3) | |
| Roic | (0.0745) | (0.16) | (0.23) | (0.15) | (0.0813) | (0.0854) | |
| Inventory Turnover | 12.9 | 6.54 | 9.32 | 7.78 | 4.64 | 4.41 | |
| Net Income Per Share | (0.2) | (0.45) | (0.92) | (2.19) | (0.66) | (0.69) | |
| Days Of Inventory On Hand | 28.3 | 55.8 | 39.17 | 46.9 | 78.68 | 82.62 | |
| Payables Turnover | 8.98 | 16.01 | 6.4 | 3.2 | 3.56 | 3.38 | |
| Research And Ddevelopement To Revenue | 0.0605 | 0.0603 | 0.0871 | 0.0939 | 0.0685 | 0.0789 | |
| Capex To Revenue | 0.0344 | 0.0152 | 0.0341 | 0.99 | 0.73 | 0.77 | |
| Cash Per Share | 0.15 | 0.63 | 2.52 | 7.15 | 2.01 | 1.33 | |
| Pocfratio | (177.43) | (44.36) | (81.34) | (4.92) | (25.71) | (27.0) | |
| Interest Coverage | (34.87) | (89.87) | (177.29) | (15.51) | (9.23) | (9.7) | |
| Capex To Operating Cash Flow | (2.0) | (0.34) | (0.74) | (1.89) | (4.12) | (4.32) | |
| Pfcf Ratio | (59.07) | (33.0) | (46.76) | (1.7) | (5.02) | (5.28) | |
| Days Payables Outstanding | 40.65 | 22.8 | 57.0 | 113.89 | 102.58 | 107.71 | |
| Roe | (0.49) | (0.0807) | (0.17) | (0.22) | (0.0939) | (0.0986) | |
| Ev To Operating Cash Flow | (182.0) | (43.54) | (78.05) | (3.28) | (25.69) | (26.98) | |
| Pe Ratio | (39.3) | (37.15) | (54.34) | (5.38) | (23.92) | (25.11) | |
| Return On Tangible Assets | (0.046) | (0.12) | (0.15) | (0.13) | (0.0652) | (0.0684) | |
| Ev To Free Cash Flow | (60.59) | (32.39) | (44.87) | (1.14) | (5.02) | (5.27) | |
| Earnings Yield | (0.68) | (0.0254) | (0.0269) | (0.0184) | (0.0418) | (0.0439) | |
| Net Debt To E B I T D A | (1.22) | 0.72 | 2.38 | 2.35 | 0.0426 | 0.0659 | |
| Current Ratio | 1.5 | 3.38 | 3.07 | 4.66 | 3.41 | 2.1 | |
| Tangible Book Value Per Share | 2.45 | 2.57 | 4.22 | 11.26 | 7.03 | 7.38 | |
| Receivables Turnover | 4.32 | 6.39 | 5.95 | 3.14 | 3.41 | 5.49 | |
| Graham Number | 3.3 | 5.1 | 9.33 | 23.67 | 10.21 | 8.8 | |
| Shareholders Equity Per Share | 2.45 | 2.57 | 4.22 | 11.37 | 7.03 | 7.38 | |
| Debt To Equity | 0.0529 | 0.0695 | 0.0175 | 0.23 | 0.24 | 0.25 | |
| Capex Per Share | 0.0876 | 0.13 | 0.45 | 4.52 | 2.53 | 2.65 |
Pair Trading with Aspen Aerogels
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aspen Aerogels position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aspen Aerogels will appreciate offsetting losses from the drop in the long position's value.Moving against Aspen Stock
| 0.86 | AWI | Armstrong World Indu | PairCorr |
| 0.81 | AAON | AAON Inc | PairCorr |
| 0.77 | APOG | Apogee Enterprises | PairCorr |
| 0.76 | JCI | Johnson Controls Int Fiscal Year End 10th of December 2024 | PairCorr |
| 0.75 | OC | Owens Corning | PairCorr |
The ability to find closely correlated positions to Aspen Aerogels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspen Aerogels when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aspen Aerogels - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aspen Aerogels to buy it.
The correlation of Aspen Aerogels is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aspen Aerogels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Aerogels moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aspen Aerogels can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Aerogels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Equipment & Services 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 Aspen Aerogels. If investors know Aspen 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 Aspen Aerogels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.02 | Revenue Per Share 5.532 | Quarterly Revenue Growth 0.931 | Return On Assets 0.0433 | Return On Equity 0.0033 |
The market value of Aspen Aerogels is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Aerogels' value that differs from its market value or its book value, called intrinsic value, which is Aspen Aerogels' 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 Aspen Aerogels' market value can be influenced by many factors that don't directly affect Aspen Aerogels' 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 Aspen Aerogels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Aerogels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Aerogels' 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.