Aehr Test Financials

AEHR Stock  USD 12.19  0.11  0.89%   
Based on the key indicators related to Aehr Test's liquidity, profitability, solvency, and operating efficiency, Aehr Test Systems is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in November. At this time, Aehr Test's Cash And Short Term Investments are relatively stable compared to the past year. As of 10/04/2024, Common Stock Shares Outstanding is likely to grow to about 31.1 M, while Total Current Liabilities is likely to drop slightly above 7 M. Key indicators impacting Aehr Test's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio5.179.3118
Way Down
Slightly volatile
Investors should never underestimate Aehr Test's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Aehr Test's cash flow, debt, and profitability to make informed and accurate decisions about investing in Aehr Test Systems.

Cash And Equivalents

24.24 Million

  
Understanding current and past Aehr Test Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Aehr Test's financial statements are interrelated, with each one affecting the others. For example, an increase in Aehr Test's assets may result in an increase in income on the income statement.

Aehr Test Earnings Geography

Please note, the imprecision that can be found in Aehr Test's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Aehr Test Systems. Check Aehr Test's Beneish M Score to see the likelihood of Aehr Test's management manipulating its earnings.

Aehr Test Stock Summary

Aehr Test competes with Photronics, Lam Research, KLA Tencor, Kulicke, and Camtek. Aehr Test Systems provides test systems for burning-in semiconductor devices in wafer level, singulated die, and package part form worldwide. Aehr Test Systems was incorporated in 1977 and is headquartered in Fremont, California. Aehr Test operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 91 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS00760J1088
CUSIP00760J108
LocationCalifornia; U.S.A
Business Address400 Kato Terrace,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.aehr.com
Phone510 623 9400
CurrencyUSD - US Dollar

Aehr Test Key Financial Ratios

There are many critical financial ratios that Aehr Test's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Aehr Test Systems reports annually and quarterly.

Aehr Test Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets20.6M21.7M62.3M98.1M127.9M134.3M
Other Current Liab1.4M2.2M3.6M4.1M4.6M4.8M
Net Debt(1.5M)241K(30.5M)(23.8M)(43.0M)(40.8M)
Retained Earnings(74.3M)(76.3M)(66.9M)(52.3M)(19.2M)(20.1M)
Accounts Payable945K2.9M4.2M9.2M5.3M5.6M
Cash5.4M4.6M31.5M30.1M49.2M51.6M
Net Receivables3.7M5.2M12.9M16.6M10.0M5.4M
Inventory8.0M8.8M15.1M23.9M37.5M39.3M
Other Current Assets512K551K613K621K1.2M866.1K
Total Liab6.5M10.2M11.3M22.5M16.3M8.6M
Total Current Assets17.7M19.2M60.0M89.0M97.8M102.7M
Common Stock231K237K271K285K289K147.2K
Other Liab22K148K113K72K64.8K61.6K
Other Assets153K198K201K231K207.9K380.5K
Net Tangible Assets14.1M11.4M51.0M75.6M86.9M91.3M
Capital Surpluse85.9M87.6M117.7M127.8M146.9M85.6M

Aehr Test Key Income Statement Accounts

The reason investors look at the income statement is to determine what Aehr Test's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense10K46K13K1.2M1.4M1.5M
Total Revenue22.3M16.6M50.8M65.0M66.2M69.5M
Gross Profit8.4M6.0M23.7M32.7M32.5M34.2M
Operating Income(2.5M)(4.2M)5.8M13.4M10.1M10.6M
Ebit(2.5M)(6.7M)5.8M13.4M10.1M10.6M
Research Development3.4M3.7M5.8M7.1M8.7M5.1M
Ebitda(2.3M)(6.4M)6.1M13.8M11.4M12.0M
Cost Of Revenue13.9M10.6M27.2M32.2M33.7M35.4M
Income Before Tax(2.8M)(2.2M)9.5M14.6M12.5M13.1M
Net Income(2.8M)(2.0M)9.5M14.6M33.2M34.8M
Income Tax Expense36K(177K)91K60K(20.7M)(19.7M)
Tax Provision36K(177K)91K60K(20.7M)(19.7M)
Net Interest Income10K(46K)13K1.2M2.4M2.5M

Aehr Test Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory1.2M(972K)(6.7M)(9.5M)(13.7M)(13.0M)
Change In Cash5K(851K)26.9M(1.4M)19.1M20.1M
Free Cash Flow(2.2M)(2.9M)1.1M8.6M1.0M1.1M
Depreciation384K310K307K450K1.4M1.4M
Other Non Cash Items45K(2.2M)(1.5M)(8.7M)15.9M16.7M
Capital Expenditures163K227K416K1.4M749K400.3K
Net Income(2.8M)(2.0M)9.5M14.6M33.2M34.8M
End Period Cash Flow5.5M4.7M31.6M30.2M49.2M51.6M
Change To Netincome955K(1.3M)1.3M2.3M2.6M2.8M
Investments(163K)(227K)(416K)(18.7M)17.3M18.1M
Change Receivables1.3M(2.0M)1.2M(1.4M)(1.2M)(1.2M)

Aehr Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Aehr Test's current stock value. Our valuation model uses many indicators to compare Aehr Test value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aehr Test competition to find correlations between indicators driving Aehr Test's intrinsic value. More Info.
Aehr Test Systems is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.16  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Aehr Test Systems is roughly  6.36 . At this time, Aehr Test's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Aehr Test by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Aehr Test Systems Systematic Risk

Aehr Test's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Aehr Test volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Aehr Test Systems correlated with the market. If Beta is less than 0 Aehr Test generally moves in the opposite direction as compared to the market. If Aehr Test Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aehr Test Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aehr Test is generally in the same direction as the market. If Beta > 1 Aehr Test moves generally in the same direction as, but more than the movement of the benchmark.

Aehr Test Thematic Clasifications

Aehr Test Systems is part of Semiconductor investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Semiconductor materials and production. Companies involved in production of semiconductor and semiconductor materials
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This theme covers Semiconductor materials and production. Companies involved in production of semiconductor and semiconductor materials. Get More Thematic Ideas
Today, most investors in Aehr Test Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Aehr Test's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Aehr Test growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.13

At this time, Aehr Test's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Aehr Test October 4, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Aehr Test help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Aehr Test Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aehr Test Systems based on widely used predictive technical indicators. In general, we focus on analyzing Aehr Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aehr Test's daily price indicators and compare them against related drivers.

Additional Tools for Aehr Stock Analysis

When running Aehr Test's price analysis, check to measure Aehr Test's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aehr Test is operating at the current time. Most of Aehr Test's value examination focuses on studying past and present price action to predict the probability of Aehr Test's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aehr Test's price. Additionally, you may evaluate how the addition of Aehr Test to your portfolios can decrease your overall portfolio volatility.