20MICRONS Common Stock vs Short Term Investments Analysis

20MICRONS   233.55  4.55  1.99%   
20 Microns financial indicator trend analysis is way more than just evaluating 20 Microns Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 20 Microns Limited is a good investment. Please check the relationship between 20 Microns Common Stock and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 20 Microns Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Common Stock vs Short Term Investments

Common Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 20 Microns Limited Common Stock account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between 20 Microns' Common Stock and Short Term Investments is -0.12. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of 20 Microns Limited, assuming nothing else is changed. The correlation between historical values of 20 Microns' Common Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of 20 Microns Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock i.e., 20 Microns' Common Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Short Term Investments

Short Term Investments is an item under the current assets section of 20 Microns balance sheet. It contains any investments 20 Microns Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that 20 Microns Limited can easily liquidate in the marketplace.
Most indicators from 20 Microns' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 20 Microns Limited 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in 20 Microns Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of the 2nd of December 2024, Selling General Administrative is likely to drop to about 80.9 M. In addition to that, Tax Provision is likely to drop to about 120 M
 2021 2022 2023 2024 (projected)
Gross Profit2.2B3.2B2.8B1.6B
Total Revenue6.1B7.0B7.8B4.2B

20 Microns fundamental ratios Correlations

0.34-0.270.850.750.960.150.40.970.20.410.970.68-0.260.960.35-0.230.660.980.740.050.10.70.630.56-0.04
0.34-0.370.60.020.470.950.140.42-0.110.10.390.640.690.32-0.290.190.780.270.25-0.160.2-0.10.050.3-0.37
-0.27-0.37-0.05-0.3-0.35-0.38-0.02-0.30.3-0.03-0.25-0.820.07-0.27-0.110.26-0.02-0.230.310.02-0.3-0.28-0.32-0.470.19
0.850.6-0.050.430.870.490.20.860.230.180.830.510.170.860.05-0.090.940.80.760.120.130.330.520.44-0.17
0.750.02-0.30.430.67-0.150.740.680.120.760.720.56-0.590.70.44-0.270.230.780.540.05-0.050.990.580.490.03
0.960.47-0.350.870.670.330.290.990.130.290.940.73-0.10.910.28-0.280.730.90.690.040.10.60.640.56-0.03
0.150.95-0.380.49-0.150.33-0.10.28-0.12-0.140.190.510.770.17-0.350.150.710.060.06-0.060.24-0.270.030.2-0.33
0.40.14-0.020.20.740.29-0.10.280.01.00.440.33-0.280.30.120.080.160.470.49-0.21-0.180.720.120.34-0.15
0.970.42-0.30.860.680.990.280.280.260.290.940.69-0.140.910.4-0.240.710.910.70.00.130.620.620.550.01
0.2-0.110.30.230.120.13-0.120.00.260.010.1-0.12-0.160.140.710.110.140.140.150.0-0.130.150.190.00.37
0.410.1-0.030.180.760.29-0.141.00.290.010.440.34-0.340.30.170.060.120.480.48-0.2-0.190.750.140.32-0.12
0.970.39-0.250.830.720.940.190.440.940.10.440.67-0.150.90.28-0.280.680.950.80.050.140.660.530.53-0.11
0.680.64-0.820.510.560.730.510.330.69-0.120.340.67-0.030.610.2-0.120.460.640.21-0.130.210.50.440.56-0.18
-0.260.690.070.17-0.59-0.10.77-0.28-0.14-0.16-0.34-0.15-0.03-0.24-0.530.260.48-0.33-0.01-0.140.17-0.68-0.36-0.02-0.29
0.960.32-0.270.860.70.910.170.30.910.140.30.90.61-0.240.23-0.290.680.960.670.230.120.640.720.55-0.08
0.35-0.29-0.110.050.440.28-0.350.120.40.710.170.280.2-0.530.23-0.04-0.140.30.14-0.28-0.030.50.30.20.49
-0.230.190.26-0.09-0.27-0.280.150.08-0.240.110.06-0.28-0.120.26-0.29-0.040.01-0.210.0-0.540.05-0.29-0.44-0.19-0.04
0.660.78-0.020.940.230.730.710.160.710.140.120.680.460.480.68-0.140.010.590.680.060.160.110.350.41-0.26
0.980.27-0.230.80.780.90.060.470.910.140.480.950.64-0.330.960.3-0.210.590.740.090.070.720.610.54-0.08
0.740.250.310.760.540.690.060.490.70.150.480.80.21-0.010.670.140.00.680.74-0.090.080.470.240.32-0.12
0.05-0.160.020.120.050.04-0.06-0.210.00.0-0.20.05-0.13-0.140.23-0.28-0.540.060.09-0.09-0.060.050.36-0.14-0.07
0.10.2-0.30.13-0.050.10.24-0.180.13-0.13-0.190.140.210.170.12-0.030.050.160.070.08-0.06-0.08-0.340.23-0.77
0.7-0.1-0.280.330.990.6-0.270.720.620.150.750.660.5-0.680.640.5-0.290.110.720.470.05-0.080.560.450.09
0.630.05-0.320.520.580.640.030.120.620.190.140.530.44-0.360.720.3-0.440.350.610.240.36-0.340.560.540.38
0.560.3-0.470.440.490.560.20.340.550.00.320.530.56-0.020.550.2-0.190.410.540.32-0.140.230.450.54-0.23
-0.04-0.370.19-0.170.03-0.03-0.33-0.150.010.37-0.12-0.11-0.18-0.29-0.080.49-0.04-0.26-0.08-0.12-0.07-0.770.090.38-0.23
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20 Microns Account Relationship Matchups

20 Microns fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.5B5.2B4.6B5.9B3.6B
Short Long Term Debt Total1.2B1.0B1.2B829.1M1.2B1.2B
Other Current Liab(1K)139.8M109.1M135.2M201.0M187.3M
Total Current Liabilities1.8B1.9B2.1B1.5B1.9B1.4B
Total Stockholder Equity1.9B2.1B2.5B2.7B3.5B3.7B
Property Plant And Equipment Net2.1B2.0B2.1B2.0B2.3B1.6B
Net Debt1.2B983.8M1.1B700.9M731.1M1.1B
Cash61.1M40.6M127.3M128.2M487.5M511.8M
Non Current Assets Total2.3B2.2B2.4B2.5B2.6B1.8B
Non Currrent Assets Other137.3M108.2M194.4M386.7M77.9M116.2M
Cash And Short Term Investments61.3M43.8M135.4M175.3M603.0M633.2M
Net Receivables1.1B901.2M1.0B974.7M1.3B823.3M
Liabilities And Stockholders Equity4.4B4.5B5.2B4.6B5.9B3.6B
Non Current Liabilities Total739.9M499.2M574.3M436.1M461.6M591.4M
Inventory977.2M1.0B1.3B837.2M1.1B711.1M
Other Current Assets25.6M107.0M177.1M1.4B241.4M126.2M
Other Stockholder Equity(1.5B)396.5M395.1M395.0M539.3M398.2M
Total Liab2.6B2.4B2.6B1.9B2.4B2.2B
Total Current Assets2.2B2.3B2.7B2.1B3.3B1.7B
Accumulated Other Comprehensive Income(1.1B)54.5M79.6M84.4M144.3M151.5M
Intangible Assets62.6M36.5M41.7M9.5M15.0M27.2M
Current Deferred Revenue129.5M158.4M95.3M98.6M17.0M16.1M
Retained Earnings1.3B1.5B1.9B2.3B2.8B3.0B
Accounts Payable879.7M937.7M987.1M787.9M620.3M702.8M
Short Term Investments210K3.1M8.1M47.0M315K299.3K
Short Term Debt812.0M794.0M934.3M850.2M1.1B904.2M
Other Liab290.5M312.2M250.4M279.0M320.8M247.8M
Net Tangible Assets1.7B1.9B2.1B2.5B2.9B1.6B
Other Assets148.3M144.6M115.2M207.1M238.2M159.1M
Long Term Debt389.2M236.8M284.9M179.7M124.1M117.9M
Short Long Term Debt802.5M622.3M916.7M629.8M1.0B841.4M
Property Plant Equipment2.0B2.1B2.0B2.1B2.4B2.1B
Long Term Debt Total456.6M427.7M248.9M295.3M265.7M384.4M
Net Invested Capital3.1B3.0B3.7B3.5B4.7B3.7B

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Other Information on Investing in 20MICRONS Stock

Balance Sheet is a snapshot of the financial position of 20 Microns Limited at a specified time, usually calculated after every quarter, six months, or one year. 20 Microns Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 20 Microns and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 20MICRONS currently owns. An asset can also be divided into two categories, current and non-current.