Aeye Net Invested Capital vs Total Stockholder Equity Analysis

LIDR Stock

USD 1.00 0.07 6.54%

Aeye financial indicator trend analysis is way more than just evaluating Aeye Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeye Inc is a good investment. Please check the relationship between Aeye Net Invested Capital and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Aeye Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Net Invested Capital vs Total Stockholder Equity

Net Invested Capital vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeye Inc Net Invested Capital account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Aeye's Net Invested Capital and Total Stockholder Equity is 0.97. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Aeye Inc, assuming nothing else is changed. The correlation between historical values of Aeye's Net Invested Capital and Total Stockholder Equity 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 Invested Capital of Aeye Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Invested Capital i.e., Aeye's Net Invested Capital and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Aeye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeye Inc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Aeye Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

As of 11/18/2024, Sales General And Administrative To Revenue is likely to grow to 18.10, while Selling General Administrative is likely to drop slightly above 22.3 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	62.6M	93.7M	73.9M	56.7M
Cost Of Revenue	3.6M	8.7M	15.3M	16.1M

Total Operating Expenses Cost Of Revenue

Aeye fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Net Receivables	Common Stock Total Equity	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory
Total Assets		0.96	0.55	0.97	-0.68	0.82	-0.03	0.87	0.63	0.99	0.86	0.66	-0.54	0.9	0.57	0.88	-0.31	-0.69	0.79	0.61	-0.39	0.81	0.99	0.79	0.34	0.45
Other Current Liab	0.96		0.7	0.86	-0.83	0.65	0.11	0.95	0.8	0.92	0.84	0.81	-0.71	0.9	0.71	0.95	-0.08	-0.78	0.93	0.73	-0.53	0.92	0.92	0.92	0.56	0.33
Total Current Liabilities	0.55	0.7		0.34	-0.59	0.25	0.76	0.57	0.96	0.51	0.72	0.98	-0.5	0.4	0.46	0.84	0.58	-0.93	0.85	0.44	-0.79	0.78	0.5	0.84	0.37	0.2
Total Stockholder Equity	0.97	0.86	0.34		-0.56	0.88	-0.22	0.79	0.41	0.98	0.77	0.45	-0.41	0.88	0.46	0.74	-0.53	-0.52	0.63	0.51	-0.21	0.66	0.98	0.63	0.21	0.48
Retained Earnings	-0.68	-0.83	-0.59	-0.56		-0.24	-0.02	-0.91	-0.75	-0.63	-0.41	-0.75	0.95	-0.86	-0.72	-0.82	-0.03	0.7	-0.9	-0.73	0.64	-0.95	-0.65	-0.9	-0.77	0.23
Net Receivables	0.82	0.65	0.25	0.88	-0.24		-0.06	0.54	0.23	0.87	0.71	0.31	0.0	0.65	0.03	0.61	-0.58	-0.46	0.41	0.08	-0.23	0.43	0.86	0.45	-0.21	0.52
Common Stock Total Equity	-0.03	0.11	0.76	-0.22	-0.02	-0.06		-0.04	0.6	-0.04	0.33	0.63	0.06	-0.23	-0.12	0.35	0.78	-0.62	0.35	-0.17	-0.68	0.25	-0.06	0.36	-0.11	0.06
Other Stockholder Equity	0.87	0.95	0.57	0.79	-0.91	0.54	-0.04		0.73	0.83	0.66	0.72	-0.81	0.93	0.73	0.89	-0.14	-0.66	0.91	0.75	-0.53	0.92	0.83	0.9	0.69	0.12
Total Liab	0.63	0.8	0.96	0.41	-0.75	0.23	0.6	0.73		0.57	0.72	0.99	-0.69	0.54	0.65	0.89	0.52	-0.89	0.94	0.63	-0.76	0.88	0.56	0.92	0.59	0.15
Total Current Assets	0.99	0.92	0.51	0.98	-0.63	0.87	-0.04	0.83	0.57		0.84	0.61	-0.46	0.89	0.49	0.85	-0.37	-0.67	0.74	0.53	-0.37	0.77	1.0	0.75	0.25	0.46
Common Stock	0.86	0.84	0.72	0.77	-0.41	0.71	0.33	0.66	0.72	0.84		0.72	-0.3	0.57	0.51	0.8	0.05	-0.69	0.72	0.53	-0.35	0.64	0.82	0.69	0.23	0.74
Short Long Term Debt Total	0.66	0.81	0.98	0.45	-0.75	0.31	0.63	0.72	0.99	0.61	0.72		-0.65	0.57	0.55	0.92	0.46	-0.96	0.94	0.54	-0.82	0.9	0.61	0.93	0.49	0.12
Other Liab	-0.54	-0.71	-0.5	-0.41	0.95	0.0	0.06	-0.81	-0.69	-0.46	-0.3	-0.65		-0.74	-0.85	-0.67	-0.15	0.54	-0.81	-0.84	0.46	-0.84	-0.48	-0.77	-0.91	0.24
Net Tangible Assets	0.9	0.9	0.4	0.88	-0.86	0.65	-0.23	0.93	0.54	0.89	0.57	0.57	-0.74		0.59	0.82	-0.41	-0.6	0.79	0.63	-0.43	0.86	0.9	0.8	0.51	0.06
Property Plant And Equipment Net	0.57	0.71	0.46	0.46	-0.72	0.03	-0.12	0.73	0.65	0.49	0.51	0.55	-0.85	0.59		0.56	0.19	-0.36	0.69	1.0	-0.11	0.66	0.48	0.61	0.91	0.23
Current Deferred Revenue	0.88	0.95	0.84	0.74	-0.82	0.61	0.35	0.89	0.89	0.85	0.8	0.92	-0.67	0.82	0.56		0.08	-0.92	0.97	0.57	-0.75	0.96	0.85	0.98	0.46	0.2
Net Debt	-0.31	-0.08	0.58	-0.53	-0.03	-0.58	0.78	-0.14	0.52	-0.37	0.05	0.46	-0.15	-0.41	0.19	0.08		-0.3	0.22	0.13	-0.37	0.1	-0.39	0.18	0.27	-0.08
Accounts Payable	-0.69	-0.78	-0.93	-0.52	0.7	-0.46	-0.62	-0.66	-0.89	-0.67	-0.69	-0.96	0.54	-0.6	-0.36	-0.92	-0.3		-0.88	-0.36	0.87	-0.87	-0.68	-0.9	-0.27	-0.07
Cash	0.79	0.93	0.85	0.63	-0.9	0.41	0.35	0.91	0.94	0.74	0.72	0.94	-0.81	0.79	0.69	0.97	0.22	-0.88		0.69	-0.75	0.98	0.74	0.99	0.65	0.09
Non Current Assets Total	0.61	0.73	0.44	0.51	-0.73	0.08	-0.17	0.75	0.63	0.53	0.53	0.54	-0.84	0.63	1.0	0.57	0.13	-0.36	0.69		-0.09	0.67	0.53	0.61	0.89	0.25
Non Currrent Assets Other	-0.39	-0.53	-0.79	-0.21	0.64	-0.23	-0.68	-0.53	-0.76	-0.37	-0.35	-0.82	0.46	-0.43	-0.11	-0.75	-0.37	0.87	-0.75	-0.09		-0.75	-0.38	-0.81	-0.22	0.31
Other Assets	0.81	0.92	0.78	0.66	-0.95	0.43	0.25	0.92	0.88	0.77	0.64	0.9	-0.84	0.86	0.66	0.96	0.1	-0.87	0.98	0.67	-0.75		0.77	0.99	0.63	-0.02
Cash And Short Term Investments	0.99	0.92	0.5	0.98	-0.65	0.86	-0.06	0.83	0.56	1.0	0.82	0.61	-0.48	0.9	0.48	0.85	-0.39	-0.68	0.74	0.53	-0.38	0.77		0.75	0.25	0.42
Common Stock Shares Outstanding	0.79	0.92	0.84	0.63	-0.9	0.45	0.36	0.9	0.92	0.75	0.69	0.93	-0.77	0.8	0.61	0.98	0.18	-0.9	0.99	0.61	-0.81	0.99	0.75		0.59	0.03
Non Current Liabilities Total	0.34	0.56	0.37	0.21	-0.77	-0.21	-0.11	0.69	0.59	0.25	0.23	0.49	-0.91	0.51	0.91	0.46	0.27	-0.27	0.65	0.89	-0.22	0.63	0.25	0.59		-0.13
Inventory	0.45	0.33	0.2	0.48	0.23	0.52	0.06	0.12	0.15	0.46	0.74	0.12	0.24	0.06	0.23	0.2	-0.08	-0.07	0.09	0.25	0.31	-0.02	0.42	0.03	-0.13

Click cells to compare fundamentals

Aeye Account Relationship Matchups

Aeye fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	98.0	2.5M	6.6M	6.7M	4.1M	3.7M
Total Current Liabilities	2.4K	37.6M	13.6M	22.6M	10.0M	15.4M
Total Stockholder Equity	22.6K	(18.2M)	168.8M	94.0M	29.0M	50.2M
Retained Earnings	(2.4K)	(86.8M)	(151.8M)	(250.5M)	(337.6M)	(320.8M)
Net Receivables	143K	156K	4.2M	617K	131K	124.5K
Other Stockholder Equity	25.0K	68.5M	320.9M	345.7M	366.6M	202.0M
Total Liab	2.4K	44.1M	17.4M	39.4M	25.3M	23.1M

Pair Trading with Aeye

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 Aeye 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 Aeye will appreciate offsetting losses from the drop in the long position's value.

Moving against Aeye Stock

0.58	GB	Global Blue Group Earnings Call This Week	Pair Corr
0.41	CETXP	Cemtrex Pref	Pair Corr
0.38	NN	Nextnav Acquisition Corp	Pair Corr

The ability to find closely correlated positions to Aeye could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aeye 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 Aeye - 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 Aeye Inc to buy it.

The correlation of Aeye 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 Aeye moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aeye Inc 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 Aeye 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.

Pair Correlation Correlation Matching

Additional Tools for Aeye Stock Analysis

When running Aeye's price analysis, check to measure Aeye'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 Aeye is operating at the current time. Most of Aeye's value examination focuses on studying past and present price action to predict the probability of Aeye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeye's price. Additionally, you may evaluate how the addition of Aeye to your portfolios can decrease your overall portfolio volatility.

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