Intevac Net Receivables vs Other Current Assets Analysis

IVAC Stock  USD 3.35  0.10  2.90%   
Intevac financial indicator trend analysis is infinitely more than just investigating Intevac recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intevac is a good investment. Please check the relationship between Intevac Net Receivables and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intevac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Intevac Stock refer to our How to Trade Intevac Stock guide.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intevac Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Intevac's Net Receivables and Other Current Assets is 0.0. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Intevac, assuming nothing else is changed. The correlation between historical values of Intevac's Net Receivables and Other Current 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 Net Receivables of Intevac are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., Intevac's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Intevac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intevac 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intevac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Intevac Stock refer to our How to Trade Intevac Stock guide.At present, Intevac's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 2 M, whereas Discontinued Operations is projected to grow to (274.5 K).
 2021 2022 2023 2024 (projected)
Total Revenue38.5M35.8M52.7M72.6M
Interest Expense6K1.1M976.5K1.5M

Intevac fundamental ratios Correlations

-0.19-0.080.980.28-0.360.350.360.360.810.140.770.280.650.080.60.610.390.260.880.230.150.57-0.130.0-0.59
-0.19-0.04-0.23-0.230.240.36-0.09-0.18-0.160.4-0.09-0.09-0.6-0.280.16-0.550.08-0.08-0.16-0.64-0.140.17-0.750.10.7
-0.08-0.04-0.22-0.220.26-0.220.23-0.23-0.26-0.39-0.150.1-0.040.650.030.060.680.140.09-0.140.490.060.14-0.240.05
0.98-0.23-0.220.31-0.370.420.230.370.840.210.760.240.64-0.060.620.60.190.170.810.270.030.43-0.080.1-0.58
0.28-0.23-0.220.310.3-0.28-0.25-0.220.340.02-0.120.760.540.230.090.53-0.070.450.150.590.160.06-0.04-0.36-0.58
-0.360.240.26-0.370.30.06-0.47-0.980.07-0.18-0.810.26-0.420.250.27-0.42-0.070.17-0.60.260.22-0.32-0.080.140.29
0.350.36-0.220.42-0.280.06-0.27-0.130.610.290.24-0.4-0.4-0.420.73-0.41-0.15-0.30.04-0.25-0.390.01-0.130.850.44
0.36-0.090.230.23-0.25-0.47-0.270.50.0-0.010.490.030.440.26-0.060.470.71-0.030.56-0.220.10.76-0.14-0.4-0.35
0.36-0.18-0.230.37-0.22-0.98-0.130.5-0.110.230.81-0.130.48-0.21-0.310.50.12-0.150.64-0.29-0.20.35-0.02-0.27-0.33
0.81-0.16-0.260.840.340.070.610.0-0.110.150.370.20.32-0.110.820.260.060.10.420.43-0.050.30.030.4-0.37
0.140.4-0.390.210.02-0.180.29-0.010.230.150.33-0.04-0.07-0.660.23-0.01-0.26-0.250.09-0.27-0.460.0-0.290.120.09
0.77-0.09-0.150.76-0.12-0.810.240.490.810.370.33-0.110.54-0.210.260.530.270.040.88-0.19-0.050.49-0.16-0.08-0.4
0.28-0.090.10.240.760.26-0.40.03-0.130.2-0.04-0.110.520.380.00.580.240.280.260.490.290.21-0.13-0.59-0.58
0.65-0.6-0.040.640.54-0.42-0.40.440.480.32-0.070.540.520.320.00.970.270.320.740.430.280.370.06-0.54-0.94
0.08-0.280.65-0.060.230.25-0.420.26-0.21-0.11-0.66-0.210.380.32-0.190.320.630.490.210.140.640.280.02-0.35-0.24
0.60.160.030.620.090.270.73-0.06-0.310.820.230.260.00.0-0.19-0.010.13-0.030.260.12-0.060.15-0.10.45-0.04
0.61-0.550.060.60.53-0.42-0.410.470.50.26-0.010.530.580.970.32-0.010.340.210.730.340.190.380.09-0.59-0.9
0.390.080.680.19-0.07-0.07-0.150.710.120.06-0.260.270.240.270.630.130.340.240.54-0.210.380.77-0.14-0.37-0.19
0.26-0.080.140.170.450.17-0.3-0.03-0.150.1-0.250.040.280.320.49-0.030.210.240.310.390.830.18-0.31-0.39-0.32
0.88-0.160.090.810.15-0.60.040.560.640.420.090.880.260.740.210.260.730.540.310.010.280.64-0.22-0.32-0.6
0.23-0.64-0.140.270.590.26-0.25-0.22-0.290.43-0.27-0.190.490.430.140.120.34-0.210.390.010.37-0.210.41-0.16-0.67
0.15-0.140.490.030.160.22-0.390.1-0.2-0.05-0.46-0.050.290.280.64-0.060.190.380.830.280.370.05-0.23-0.46-0.3
0.570.170.060.430.06-0.320.010.760.350.30.00.490.210.370.280.150.380.770.180.64-0.210.05-0.32-0.26-0.25
-0.13-0.750.14-0.08-0.04-0.08-0.13-0.14-0.020.03-0.29-0.16-0.130.060.02-0.10.09-0.14-0.31-0.220.41-0.23-0.320.21-0.25
0.00.1-0.240.1-0.360.140.85-0.4-0.270.40.12-0.08-0.59-0.54-0.350.45-0.59-0.37-0.39-0.32-0.16-0.46-0.260.210.54
-0.590.70.05-0.58-0.580.290.44-0.35-0.33-0.370.09-0.4-0.58-0.94-0.24-0.04-0.9-0.19-0.32-0.6-0.67-0.3-0.25-0.250.54
Click cells to compare fundamentals

Intevac Account Relationship Matchups

Intevac fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets126.3M127.2M157.8M173.1M156.5M146.4M
Other Current Liab10.1M11.3M9.2M8.5M4.9M9.7M
Total Current Liabilities20.8M18.4M19.7M26.0M32.5M21.1M
Total Stockholder Equity95.8M101.6M134.0M123.5M115.5M102.9M
Property Plant And Equipment Net21.9M19.2M9.3M7.0M15.3M12.9M
Net Debt(24.4M)(34.5M)(106.2M)(89.6M)(43.5M)(41.3M)
Retained Earnings(63.8M)(62.7M)(36.1M)(53.2M)(65.4M)(62.1M)
Accounts Payable4.2M4.3M5.3M11.6M5.8M5.3M
Cash36.5M44.2M112.9M94.4M51.4M40.9M
Non Current Assets Total34.8M30.8M22.9M30.9M23.1M37.5M
Non Currrent Assets Other865K6.3M6.2M811K124.0K117.8K
Cash And Short Term Investments36.5M44.2M112.9M94.4M68.8M55.2M
Net Receivables28.6M28.6M14.3M15.8M18.6M19.4M
Common Stock Shares Outstanding23.3M23.7M24.3M25.2M26.1M21.6M
Liabilities And Stockholders Equity126.3M127.2M157.8M173.1M156.5M146.4M
Inventory24.9M21.7M5.8M30.0M43.8M24.9M
Other Current Assets1.5M1.9M1.8M1.9M2.1M2.0M
Other Stockholder Equity159.1M163.6M169.5M176.8M180.8M115.2M
Total Liab30.5M25.7M23.8M49.6M41.0M31.7M
Property Plant And Equipment Gross21.9M11.0M9.3M7.0M37.6M39.5M
Total Current Assets91.5M96.4M134.8M142.2M133.4M108.9M
Accumulated Other Comprehensive Income424K640K578K(193K)97K101.9K
Current Deferred Revenue4.0M33K2.1M2.4M20.8M21.8M
Non Current Liabilities Total9.7M7.3M4.0M23.6M8.5M9.9M
Intangible Assets1.5M889K274K1.1M954K906.3K
Short Term Investments16.7M14.8M10.2M25.5M17.4M22.4M
Other Assets7.1M19.8M6.2M5.2M1.00.95
Property Plant Equipment11.6M11.0M9.3M3.7M4.2M4.0M
Other Liab186K457K363K22.2M25.5M26.8M
Net Tangible Assets95.5M101.6M134.0M122.4M110.1M86.1M
Retained Earnings Total Equity(63.8M)(62.7M)(36.1M)(53.2M)(47.9M)(50.3M)
Capital Surpluse188.3M193.2M199.1M206.4M237.3M192.6M
Long Term Investments5.5M5.4M7.4M17.6M2.7M2.6M
Non Current Liabilities Other9.7M7.3M363K23.6M27.2M28.5M
Net Invested Capital95.8M101.6M134.0M123.5M115.5M116.7M

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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 Intevac offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intevac's 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 Intevac Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intevac Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intevac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Intevac Stock refer to our How to Trade Intevac Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Technology Hardware, Storage & Peripherals 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 Intevac. If investors know Intevac 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 Intevac listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
41.156
Earnings Share
(0.35)
Revenue Per Share
2.077
Quarterly Revenue Growth
0.41
Return On Assets
(0.04)
The market value of Intevac is measured differently than its book value, which is the value of Intevac that is recorded on the company's balance sheet. Investors also form their own opinion of Intevac's value that differs from its market value or its book value, called intrinsic value, which is Intevac's 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 Intevac's market value can be influenced by many factors that don't directly affect Intevac's 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 Intevac's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intevac is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intevac's 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.