EMCORE Total Assets from 2010 to 2024

EMKR Stock  USD 2.98  0.01  0.34%   
EMCORE Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 145.7 M this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1996-09-30
Previous Quarter
121 M
Current Value
108.4 M
Quarterly Volatility
77 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EMCORE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EMCORE's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Interest Expense of 771.9 K or Total Revenue of 135.5 M, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.025 or PTB Ratio of 0.33. EMCORE financial statements analysis is a perfect complement when working with EMCORE Valuation or Volatility modules.
  
Check out the analysis of EMCORE Correlation against competitors.
To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.

Latest EMCORE's Total Assets Growth Pattern

Below is the plot of the Total Assets of EMCORE over the last few years. Total assets refers to the total amount of EMCORE assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in EMCORE books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. EMCORE's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EMCORE's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 143.91 M10 Years Trend
Pretty Stable
   Total Assets   
       Timeline  

EMCORE Total Assets Regression Statistics

Arithmetic Mean143,219,393
Geometric Mean131,281,650
Coefficient Of Variation29.38
Mean Deviation28,064,355
Median144,084,000
Standard Deviation42,084,955
Sample Variance1771.1T
Range170.9M
R-Value0.19
Mean Square Error1838.6T
R-Squared0.04
Significance0.50
Slope1,787,495
Total Sum of Squares24796T

EMCORE Total Assets History

2024145.7 M
2023129.5 M
2022143.9 M
2021189.1 M
2020180.8 M
2019126.2 M
2018109.6 M

Other Fundumenentals of EMCORE

EMCORE Total Assets component correlations

0.8-0.07-0.810.470.720.580.740.490.360.150.740.24-0.8-0.09-0.21-0.430.23-0.010.03-0.10.350.160.04
0.8-0.51-0.680.030.380.030.94-0.010.08-0.040.70.23-0.78-0.48-0.57-0.740.720.29-0.12-0.450.370.160.08
-0.07-0.510.010.340.290.69-0.610.480.080.59-0.120.290.20.490.870.51-0.77-0.07-0.280.32-0.18-0.440.36
-0.81-0.680.01-0.39-0.66-0.5-0.67-0.17-0.1-0.2-0.91-0.290.970.360.270.67-0.11-0.330.160.370.180.29-0.24
0.470.030.34-0.390.740.770.120.650.55-0.110.18-0.17-0.310.520.060.21-0.47-0.34-0.050.480.160.23-0.15
0.720.380.29-0.660.740.740.390.60.6-0.050.52-0.01-0.570.370.0-0.25-0.13-0.21-0.120.30.10.160.07
0.580.030.69-0.50.770.740.010.760.440.450.340.2-0.330.460.50.24-0.55-0.26-0.160.340.08-0.110.22
0.740.94-0.61-0.670.120.390.01-0.120.08-0.140.70.12-0.77-0.48-0.68-0.730.720.23-0.14-0.440.290.240.11
0.49-0.010.48-0.170.650.60.76-0.120.740.130.04-0.2-0.080.740.420.41-0.52-0.630.230.720.380.29-0.26
0.360.080.08-0.10.550.60.440.080.74-0.3-0.03-0.65-0.060.750.060.17-0.21-0.80.130.80.30.5-0.39
0.15-0.040.59-0.2-0.11-0.050.45-0.140.13-0.30.250.61-0.07-0.130.70.21-0.220.28-0.35-0.290.01-0.520.71
0.740.7-0.12-0.910.180.520.340.70.04-0.030.250.35-0.93-0.48-0.28-0.710.250.4-0.08-0.48-0.17-0.290.4
0.240.230.29-0.29-0.17-0.010.20.12-0.2-0.650.610.35-0.23-0.50.25-0.160.140.59-0.27-0.64-0.02-0.490.59
-0.8-0.780.20.97-0.31-0.57-0.33-0.77-0.08-0.06-0.07-0.93-0.230.470.450.75-0.25-0.380.10.440.130.21-0.16
-0.09-0.480.490.360.520.370.46-0.480.740.75-0.13-0.48-0.50.470.510.69-0.57-0.820.130.970.280.44-0.29
-0.21-0.570.870.270.060.00.5-0.680.420.060.7-0.280.250.450.510.68-0.62-0.2-0.160.360.01-0.290.38
-0.43-0.740.510.670.21-0.250.24-0.730.410.170.21-0.71-0.160.750.690.68-0.63-0.540.120.630.270.2-0.14
0.230.72-0.77-0.11-0.47-0.13-0.550.72-0.52-0.21-0.220.250.14-0.25-0.57-0.62-0.630.32-0.11-0.530.350.30.11
-0.010.29-0.07-0.33-0.34-0.21-0.260.23-0.63-0.80.280.40.59-0.38-0.82-0.2-0.540.32-0.36-0.87-0.3-0.560.49
0.03-0.12-0.280.16-0.05-0.12-0.16-0.140.230.13-0.35-0.08-0.270.10.13-0.160.12-0.11-0.360.30.00.4-0.68
-0.1-0.450.320.370.480.30.34-0.440.720.8-0.29-0.48-0.640.440.970.360.63-0.53-0.870.30.270.52-0.47
0.350.37-0.180.180.160.10.080.290.380.30.01-0.17-0.020.130.280.010.270.35-0.30.00.270.71-0.13
0.160.16-0.440.290.230.16-0.110.240.290.5-0.52-0.29-0.490.210.44-0.290.20.3-0.560.40.520.71-0.53
0.040.080.36-0.24-0.150.070.220.11-0.26-0.390.710.40.59-0.16-0.290.38-0.140.110.49-0.68-0.47-0.13-0.53
Click cells to compare fundamentals

About EMCORE Financial Statements

EMCORE shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although EMCORE investors may analyze each financial statement separately, they are all interrelated. The changes in EMCORE's assets and liabilities, for example, are also reflected in the revenues and expenses on on EMCORE's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets129.5 M145.7 M
Intangibles To Total Assets 0.08  0.09 

Pair Trading with EMCORE

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

Moving together with EMCORE Stock

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Moving against EMCORE Stock

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The ability to find closely correlated positions to EMCORE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EMCORE 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 EMCORE - 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 EMCORE to buy it.
The correlation of EMCORE 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 EMCORE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EMCORE 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 EMCORE 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 CorrelationCorrelation Matching

Additional Tools for EMCORE Stock Analysis

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