Intevac Long Term Investments vs Accounts Payable Analysis

IVAC Stock  USD 2.79  0.08  2.95%   
Intevac financial indicator trend analysis is infinitely more than just investigating Intevac recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intevac is a good investment. Please check the relationship between Intevac Long Term Investments and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intevac. 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.
For information on how to trade Intevac Stock refer to our How to Trade Intevac Stock guide.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

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

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Intevac balance sheet that represents investments Intevac intends to hold for over a year. Intevac long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Intevac obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Intevac are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Intevac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intevac 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intevac. 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.
For information on how to trade Intevac Stock refer to our How to Trade Intevac Stock guide.At present, Intevac's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 2 M, whereas Discontinued Operations is projected to grow to (274.5 K).
 2021 2022 2023 2024 (projected)
Total Revenue38.5M35.8M52.7M72.6M
Interest Expense6K1.1M976.5K1.5M

Intevac fundamental ratios Correlations

-0.24-0.080.980.28-0.360.350.360.360.810.150.770.280.650.080.60.610.390.260.880.230.150.57-0.130.0-0.59
-0.240.0-0.25-0.270.270.46-0.22-0.21-0.150.41-0.12-0.17-0.66-0.350.22-0.59-0.03-0.22-0.24-0.67-0.260.01-0.670.220.77
-0.080.0-0.22-0.220.26-0.220.23-0.23-0.26-0.37-0.150.1-0.040.650.020.060.680.140.09-0.140.490.060.12-0.240.05
0.98-0.25-0.220.31-0.370.420.230.370.840.220.760.240.64-0.060.620.60.190.170.810.270.030.43-0.090.1-0.58
0.28-0.27-0.220.310.3-0.28-0.25-0.220.340.03-0.120.760.540.230.10.53-0.070.450.150.590.160.060.02-0.36-0.58
-0.360.270.26-0.370.30.06-0.47-0.980.07-0.18-0.810.26-0.420.250.26-0.42-0.070.17-0.60.260.22-0.32-0.070.140.29
0.350.46-0.220.42-0.280.06-0.27-0.130.610.280.24-0.4-0.4-0.420.73-0.41-0.15-0.30.04-0.25-0.390.01-0.170.850.44
0.36-0.220.230.23-0.25-0.47-0.270.50.0-0.010.490.030.440.26-0.070.470.71-0.030.56-0.220.10.76-0.16-0.4-0.35
0.36-0.21-0.230.37-0.22-0.98-0.130.5-0.110.230.81-0.130.48-0.21-0.30.50.12-0.150.64-0.29-0.20.35-0.03-0.27-0.33
0.81-0.15-0.260.840.340.070.610.0-0.110.140.370.20.32-0.110.820.260.060.10.420.43-0.050.30.020.4-0.37
0.150.41-0.370.220.03-0.180.28-0.010.230.140.34-0.04-0.05-0.630.250.0-0.23-0.180.12-0.27-0.390.02-0.290.10.08
0.77-0.12-0.150.76-0.12-0.810.240.490.810.370.34-0.110.54-0.210.270.530.270.040.88-0.19-0.050.49-0.18-0.08-0.4
0.28-0.170.10.240.760.26-0.40.03-0.130.2-0.04-0.110.520.380.010.580.240.280.260.490.290.21-0.08-0.59-0.58
0.65-0.66-0.040.640.54-0.42-0.40.440.480.32-0.050.540.520.320.010.970.270.320.740.430.280.370.09-0.54-0.94
0.08-0.350.65-0.060.230.25-0.420.26-0.21-0.11-0.63-0.210.380.32-0.210.320.630.490.210.140.640.280.04-0.35-0.24
0.60.220.020.620.10.260.73-0.07-0.30.820.250.270.010.01-0.210.00.12-0.040.260.11-0.070.15-0.130.44-0.04
0.61-0.590.060.60.53-0.42-0.410.470.50.260.00.530.580.970.320.00.340.210.730.340.190.380.12-0.59-0.9
0.39-0.030.680.19-0.07-0.07-0.150.710.120.06-0.230.270.240.270.630.120.340.240.54-0.210.380.77-0.14-0.37-0.19
0.26-0.220.140.170.450.17-0.3-0.03-0.150.1-0.180.040.280.320.49-0.040.210.240.310.390.830.18-0.28-0.39-0.32
0.88-0.240.090.810.15-0.60.040.560.640.420.120.880.260.740.210.260.730.540.310.010.280.64-0.21-0.32-0.6
0.23-0.67-0.140.270.590.26-0.25-0.22-0.290.43-0.27-0.190.490.430.140.110.34-0.210.390.010.37-0.210.42-0.16-0.67
0.15-0.260.490.030.160.22-0.390.1-0.2-0.05-0.39-0.050.290.280.64-0.070.190.380.830.280.370.05-0.22-0.46-0.3
0.570.010.060.430.06-0.320.010.760.350.30.020.490.210.370.280.150.380.770.180.64-0.210.05-0.32-0.26-0.25
-0.13-0.670.12-0.090.02-0.07-0.17-0.16-0.030.02-0.29-0.18-0.080.090.04-0.130.12-0.14-0.28-0.210.42-0.22-0.320.18-0.27
0.00.22-0.240.1-0.360.140.85-0.4-0.270.40.1-0.08-0.59-0.54-0.350.44-0.59-0.37-0.39-0.32-0.16-0.46-0.260.180.54
-0.590.770.05-0.58-0.580.290.44-0.35-0.33-0.370.08-0.4-0.58-0.94-0.24-0.04-0.9-0.19-0.32-0.6-0.67-0.3-0.25-0.270.54
Click cells to compare fundamentals

Intevac Account Relationship Matchups

Intevac fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets126.3M127.2M157.8M173.1M156.5M146.4M
Other Current Liab10.1M7.7M9.6M5.0M4.0M3.8M
Total Current Liabilities20.8M18.4M19.7M26.0M32.5M21.1M
Total Stockholder Equity95.8M101.6M134.0M123.5M115.5M102.9M
Property Plant And Equipment Net21.9M19.2M9.3M7.0M15.3M12.9M
Net Debt(24.4M)(34.5M)(106.2M)(89.6M)(43.5M)(41.3M)
Retained Earnings(63.8M)(62.7M)(36.1M)(53.2M)(65.4M)(62.1M)
Accounts Payable4.2M4.3M5.3M11.6M5.8M5.3M
Cash36.5M44.2M112.9M94.4M51.4M40.9M
Non Current Assets Total34.8M30.8M22.9M30.9M23.1M37.5M
Non Currrent Assets Other865K6.3M6.2M811K824K782.8K
Cash And Short Term Investments36.5M44.2M112.9M94.4M68.8M55.2M
Net Receivables28.6M28.6M14.3M15.8M18.6M19.4M
Common Stock Shares Outstanding23.3M23.7M24.3M25.2M26.1M21.6M
Liabilities And Stockholders Equity126.3M127.2M157.8M173.1M156.5M146.4M
Inventory24.9M21.7M5.8M30.0M43.8M24.9M
Other Current Assets1.5M3.8M3.7M1.9M2.1M2.0M
Other Stockholder Equity159.1M163.6M169.5M176.8M180.8M115.2M
Total Liab30.5M25.7M23.8M49.6M41.0M31.7M
Property Plant And Equipment Gross21.9M11.0M9.3M7.0M37.6M39.5M
Total Current Assets91.5M96.4M134.8M142.2M133.4M108.9M
Accumulated Other Comprehensive Income424K640K578K(193K)97K101.9K
Current Deferred Revenue4.0M33K2.1M2.4M20.8M21.8M
Non Current Liabilities Total9.7M7.3M4.0M23.6M8.5M9.9M
Intangible Assets1.5M889K274K1.1M954K906.3K
Short Term Investments16.7M14.8M10.2M25.5M17.4M22.4M
Other Assets7.1M19.8M6.2M5.2M1.00.95
Property Plant Equipment11.6M11.0M9.3M3.7M4.2M4.0M
Other Liab186K457K363K22.2M25.5M26.8M
Net Tangible Assets95.5M101.6M134.0M122.4M110.1M86.1M
Retained Earnings Total Equity(63.8M)(62.7M)(36.1M)(53.2M)(47.9M)(50.3M)
Capital Surpluse188.3M193.2M199.1M206.4M237.3M192.6M
Long Term Investments5.5M5.4M7.4M17.6M2.7M2.6M
Non Current Liabilities Other9.7M7.3M363K23.6M27.2M28.5M
Net Invested Capital95.8M101.6M134.0M123.5M115.5M116.7M

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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 Intevac offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intevac's 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 Intevac Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intevac Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intevac. 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.
For information on how to trade Intevac Stock refer to our How to Trade Intevac Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Technology Hardware, Storage & Peripherals 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 Intevac. If investors know Intevac 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 Intevac listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
41.156
Earnings Share
(0.37)
Revenue Per Share
2.463
Quarterly Revenue Growth
0.591
Return On Assets
(0.04)
The market value of Intevac is measured differently than its book value, which is the value of Intevac that is recorded on the company's balance sheet. Investors also form their own opinion of Intevac's value that differs from its market value or its book value, called intrinsic value, which is Intevac's 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 Intevac's market value can be influenced by many factors that don't directly affect Intevac's 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 Intevac's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intevac is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intevac's 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.