WiSA Total Current Assets vs Property Plant Equipment Analysis
WISA Stock | USD 2.11 0.04 1.93% |
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 Total Current Assets and its Property Plant Equipment 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.
Total Current Assets vs Property Plant Equipment
Total Current Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WiSA Technologies Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between WiSA Technologies' Total Current Assets and Property Plant Equipment is 0.13. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment 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' Total Current Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of WiSA Technologies are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., WiSA Technologies' Total Current Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Property Plant Equipment
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
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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 |
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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 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.