Everdisplay Net Tangible Assets vs Total Stockholder Equity Analysis

688538 Stock   2.69  0.11  4.26%   
Everdisplay Optronics financial indicator trend analysis is much more than just examining Everdisplay Optronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everdisplay Optronics is a good investment. Please check the relationship between Everdisplay Optronics Net Tangible Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Everdisplay Optronics Shanghai. 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.

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everdisplay Optronics Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Everdisplay Optronics' Net Tangible Assets and Total Stockholder Equity is 0.85. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Everdisplay Optronics Shanghai, assuming nothing else is changed. The correlation between historical values of Everdisplay Optronics' Net Tangible Assets 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 Tangible Assets of Everdisplay Optronics Shanghai 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 Tangible Assets i.e., Everdisplay Optronics' Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 Everdisplay Optronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everdisplay Optronics 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 Everdisplay Optronics Shanghai. 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.
As of December 11, 2024, Selling General Administrative is expected to decline to about 50 M
 2021 2022 2023 2024 (projected)
Interest Expense169.6M310.1M523.8M298.3M
Interest Income26.3M13.2M6.2M5.9M

Everdisplay Optronics fundamental ratios Correlations

0.290.820.950.890.910.870.470.92-0.730.91-0.140.180.93-0.630.960.930.910.730.93-0.091.00.30.78-0.730.42
0.29-0.090.440.040.150.120.470.41-0.280.170.27-0.020.120.080.210.120.50.190.070.020.28-0.520.370.020.56
0.82-0.090.670.950.930.90.140.61-0.780.91-0.44-0.080.86-0.710.920.860.740.410.91-0.440.830.770.39-0.680.01
0.950.440.670.730.850.690.420.99-0.560.760.120.380.79-0.380.890.790.840.740.780.030.950.040.89-0.530.61
0.890.040.950.730.90.980.430.67-0.840.96-0.44-0.140.96-0.850.910.960.850.580.98-0.290.90.670.48-0.840.12
0.910.150.930.850.90.820.210.82-0.690.87-0.140.170.82-0.520.960.820.790.560.87-0.270.910.520.64-0.550.33
0.870.120.90.690.980.820.460.61-0.930.98-0.57-0.30.97-0.90.880.970.90.480.98-0.380.870.630.38-0.90.01
0.470.470.140.420.430.210.460.39-0.350.350.04-0.080.54-0.560.250.540.540.730.470.450.47-0.130.47-0.610.52
0.920.410.610.990.670.820.610.39-0.450.680.240.50.73-0.290.850.730.760.780.720.130.91-0.020.94-0.460.68
-0.73-0.28-0.78-0.56-0.84-0.69-0.93-0.35-0.45-0.930.70.53-0.830.83-0.79-0.83-0.9-0.19-0.840.62-0.74-0.57-0.170.790.16
0.910.170.910.760.960.870.980.350.68-0.93-0.53-0.220.95-0.810.940.950.930.440.97-0.440.910.580.44-0.830.03
-0.140.27-0.440.12-0.44-0.14-0.570.040.240.7-0.530.85-0.410.71-0.26-0.41-0.350.35-0.430.75-0.15-0.70.490.60.8
0.18-0.02-0.080.38-0.140.17-0.3-0.080.50.53-0.220.85-0.10.510.08-0.09-0.180.51-0.090.650.16-0.440.70.330.72
0.930.120.860.790.960.820.970.540.73-0.830.95-0.41-0.1-0.860.91.00.90.660.99-0.170.940.50.57-0.920.18
-0.630.08-0.71-0.38-0.85-0.52-0.9-0.56-0.290.83-0.810.710.51-0.86-0.6-0.86-0.71-0.39-0.850.27-0.64-0.66-0.120.960.2
0.960.210.920.890.910.960.880.250.85-0.790.94-0.260.080.9-0.60.90.890.540.92-0.330.960.460.64-0.670.25
0.930.120.860.790.960.820.970.540.73-0.830.95-0.41-0.091.0-0.860.90.90.660.99-0.170.940.50.57-0.920.18
0.910.50.740.840.850.790.90.540.76-0.90.93-0.35-0.180.9-0.710.890.90.510.88-0.310.910.280.55-0.770.26
0.730.190.410.740.580.560.480.730.78-0.190.440.350.510.66-0.390.540.660.510.620.60.72-0.040.88-0.530.76
0.930.070.910.780.980.870.980.470.72-0.840.97-0.43-0.090.99-0.850.920.990.880.62-0.230.940.570.54-0.890.15
-0.090.02-0.440.03-0.29-0.27-0.380.450.130.62-0.440.750.65-0.170.27-0.33-0.17-0.310.6-0.23-0.1-0.590.460.140.67
1.00.280.830.950.90.910.870.470.91-0.740.91-0.150.160.94-0.640.960.940.910.720.94-0.10.310.77-0.750.41
0.3-0.520.770.040.670.520.63-0.13-0.02-0.570.58-0.7-0.440.5-0.660.460.50.28-0.040.57-0.590.31-0.23-0.5-0.51
0.780.370.390.890.480.640.380.470.94-0.170.440.490.70.57-0.120.640.570.550.880.540.460.77-0.23-0.320.85
-0.730.02-0.68-0.53-0.84-0.55-0.9-0.61-0.460.79-0.830.60.33-0.920.96-0.67-0.92-0.77-0.53-0.890.14-0.75-0.5-0.320.06
0.420.560.010.610.120.330.010.520.680.160.030.80.720.180.20.250.180.260.760.150.670.41-0.510.850.06
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Everdisplay Optronics Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in Everdisplay Stock

Balance Sheet is a snapshot of the financial position of Everdisplay Optronics at a specified time, usually calculated after every quarter, six months, or one year. Everdisplay Optronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Everdisplay Optronics 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 Everdisplay currently owns. An asset can also be divided into two categories, current and non-current.