Microbot Cash vs Total Assets Analysis
MBOT Stock | USD 0.97 0.02 2.02% |
Microbot Medical financial indicator trend analysis is infinitely more than just investigating Microbot Medical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microbot Medical is a good investment. Please check the relationship between Microbot Medical Cash and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microbot Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Microbot Stock please use our How to Invest in Microbot Medical guide.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microbot Medical Cash account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Microbot Medical's Cash and Total Assets is 0.9. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Microbot Medical, assuming nothing else is changed. The correlation between historical values of Microbot Medical's Cash and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Microbot Medical are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Microbot Medical's Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Microbot Medical, which is listed under current asset account on Microbot Medical balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Microbot Medical customers. The amounts must be unrestricted with restricted cash listed in a different Microbot Medical account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Assets
Total assets refers to the total amount of Microbot Medical 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 Microbot Medical 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. 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.Most indicators from Microbot Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microbot Medical 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microbot Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Microbot Stock please use our How to Invest in Microbot Medical guide.At this time, Microbot Medical's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 28.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.9 M in 2024.
Microbot Medical fundamental ratios Correlations
Click cells to compare fundamentals
Microbot Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Microbot Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.1M | 26.3M | 16.8M | 9.5M | 8.3M | 7.9M | |
Other Current Liab | 608K | 696K | 1.4M | 1.7M | 3.2M | 2.6M | |
Total Current Liabilities | 4.8M | 1.3M | 2.0M | 2.1M | 3.8M | 4.8M | |
Total Stockholder Equity | 31.5M | 24.3M | 14.4M | 7.3M | 4.5M | 4.3M | |
Property Plant And Equipment Net | 1.2M | 1.0M | 888K | 723K | 406K | 385.7K | |
Net Debt | (27.9M) | (18.8M) | (12.8M) | (2.0M) | (2.2M) | (2.3M) | |
Retained Earnings | (35.1M) | (44.3M) | (55.6M) | (68.8M) | (79.5M) | (83.5M) | |
Accounts Payable | 284K | 275K | 279K | 116K | 357K | 489.2K | |
Cash | 28.8M | 19.7M | 13.5M | 2.4M | 2.5M | 2.3M | |
Non Current Assets Total | 1.2M | 1.0M | 888K | 723K | 406K | 385.7K | |
Non Currrent Assets Other | 259K | 962K | 5.0K | (1.0) | (0.9) | (0.85) | |
Cash And Short Term Investments | 31.3M | 24.6M | 15.5M | 8.2M | 6.4M | 6.1M | |
Net Receivables | 101K | 340K | 174K | 103K | 1.3M | 1.4M | |
Common Stock Shares Outstanding | 4.3M | 7.1M | 7.1M | 7.3M | 10.2M | 10.7M | |
Liabilities And Stockholders Equity | 37.1M | 26.3M | 16.8M | 9.5M | 8.3M | 7.9M | |
Non Current Liabilities Total | 760K | 626K | 402K | 179K | 40K | 38K | |
Other Current Assets | 7.2M | 265K | 213K | 609K | 1.5M | 1.5M | |
Other Stockholder Equity | 66.6M | 68.5M | 69.9M | 76.0M | 83.9M | 88.1M | |
Total Liab | 5.6M | 2.0M | 2.4M | 2.2M | 3.8M | 3.6M | |
Total Current Assets | 35.9M | 25.3M | 15.9M | 8.8M | 7.9M | 7.5M | |
Property Plant And Equipment Gross | 1.2M | 251.0 | 1.2M | 1.1M | 899K | 854.1K | |
Common Stock Total Equity | 406K | 31K | 72K | 72.0 | 64.8 | 61.56 | |
Common Stock | 406K | 31K | 72K | 80K | 118K | 112.1K | |
Net Tangible Assets | 31.5M | 24.3M | 14.4M | 7.3M | 8.4M | 11.1M | |
Retained Earnings Total Equity | (20.6M) | (27.9M) | (35.1M) | (44.3M) | (50.9M) | (53.5M) | |
Capital Surpluse | 30.2M | 32.5M | 70.0M | 68.5M | 61.7M | 58.6M | |
Property Plant Equipment | 228K | 1.0M | 888K | 723K | 650.7K | 1.2M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Microbot Stock Analysis
When running Microbot Medical's price analysis, check to measure Microbot Medical'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 Microbot Medical is operating at the current time. Most of Microbot Medical's value examination focuses on studying past and present price action to predict the probability of Microbot Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microbot Medical's price. Additionally, you may evaluate how the addition of Microbot Medical to your portfolios can decrease your overall portfolio volatility.