Everdisplay Total Current Assets vs Net Invested Capital Analysis
688538 Stock | 2.68 0.01 0.37% |
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 Total Current Assets and its Net Invested Capital 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.
Total Current Assets vs Net Invested Capital
Total Current Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everdisplay Optronics Total Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Everdisplay Optronics' Total Current Assets and Net Invested Capital is 0.77. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Invested Capital 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' Total Current Assets and Net Invested Capital 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 Everdisplay Optronics Shanghai are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Assets i.e., Everdisplay Optronics' Total Current Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 12, 2024, Selling General Administrative is expected to decline to about 50 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 169.6M | 310.1M | 523.8M | 298.3M | Interest Income | 26.3M | 13.2M | 6.2M | 5.9M |
Everdisplay Optronics fundamental ratios Correlations
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Everdisplay Optronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.