Microbot Short Term Investments vs Total Current 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 Short Term Investments and its Total Current 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.

Short Term Investments vs Total Current Assets

Short Term Investments vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microbot Medical Short Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Microbot Medical's Short Term Investments and Total Current Assets is 0.02. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current 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 Short Term Investments and Total Current 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 Short Term Investments of Microbot Medical are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Investments i.e., Microbot Medical's Short Term Investments and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Microbot Medical balance sheet. It contains any investments Microbot Medical undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Microbot Medical can easily liquidate in the marketplace.

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.
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

0.560.340.580.630.67-0.73-0.60.010.90.730.530.97-0.1-0.430.70.440.640.690.970.580.340.360.340.01-0.21
0.560.720.86-0.170.94-0.07-0.75-0.040.60.680.090.45-0.01-0.460.830.010.750.870.460.950.510.460.45-0.4-0.27
0.340.720.9-0.460.770.3-0.890.350.150.730.390.150.13-0.390.8-0.110.880.860.170.610.30.630.64-0.22-0.47
0.580.860.9-0.20.870.0-0.870.280.470.750.40.420.16-0.380.840.210.860.930.450.790.380.560.56-0.31-0.42
0.63-0.17-0.46-0.2-0.06-0.920.19-0.180.660.030.230.77-0.160.04-0.090.55-0.14-0.120.76-0.090.01-0.22-0.240.250.15
0.670.940.770.87-0.06-0.14-0.850.130.630.820.330.54-0.05-0.550.890.030.860.920.540.860.630.620.61-0.23-0.22
-0.73-0.070.30.0-0.92-0.14-0.060.02-0.84-0.19-0.33-0.830.250.18-0.09-0.560.01-0.07-0.82-0.13-0.130.020.05-0.04-0.16
-0.6-0.75-0.89-0.870.19-0.85-0.06-0.25-0.36-0.91-0.55-0.42-0.030.54-0.950.06-1.0-0.96-0.43-0.67-0.36-0.76-0.760.140.49
0.01-0.040.350.28-0.180.130.02-0.25-0.040.340.65-0.10.11-0.190.13-0.050.240.19-0.09-0.080.20.560.580.050.05
0.90.60.150.470.660.63-0.84-0.36-0.040.520.320.92-0.19-0.390.530.460.40.530.920.620.390.240.2-0.18-0.02
0.730.680.730.750.030.82-0.19-0.910.340.520.660.57-0.03-0.640.94-0.030.920.910.560.640.470.760.75-0.03-0.3
0.530.090.390.40.230.33-0.33-0.550.650.320.660.41-0.23-0.550.470.30.560.470.430.030.20.750.740.13-0.11
0.970.450.150.420.770.54-0.83-0.42-0.10.920.570.41-0.13-0.320.550.480.470.530.990.510.270.180.160.04-0.14
-0.1-0.010.130.16-0.16-0.050.25-0.030.11-0.19-0.03-0.23-0.130.61-0.020.060.020.02-0.110.08-0.07-0.22-0.160.02-0.21
-0.43-0.46-0.39-0.380.04-0.550.180.54-0.19-0.39-0.64-0.55-0.320.61-0.640.1-0.54-0.59-0.3-0.4-0.51-0.66-0.6-0.07-0.2
0.70.830.80.84-0.090.89-0.09-0.950.130.530.940.470.55-0.02-0.64-0.030.960.980.540.80.430.690.67-0.16-0.39
0.440.01-0.110.210.550.03-0.560.06-0.050.46-0.030.30.480.060.1-0.03-0.030.050.550.02-0.09-0.13-0.14-0.14-0.04
0.640.750.880.86-0.140.860.01-1.00.240.40.920.560.470.02-0.540.96-0.030.960.480.680.360.760.76-0.13-0.48
0.690.870.860.93-0.120.92-0.07-0.960.190.530.910.470.530.02-0.590.980.050.960.540.830.430.670.66-0.22-0.41
0.970.460.170.450.760.54-0.82-0.43-0.090.920.560.430.99-0.11-0.30.540.550.480.540.490.260.190.160.02-0.15
0.580.950.610.79-0.090.86-0.13-0.67-0.080.620.640.030.510.08-0.40.80.020.680.830.490.480.350.34-0.34-0.25
0.340.510.30.380.010.63-0.13-0.360.20.390.470.20.27-0.07-0.510.43-0.090.360.430.260.480.310.290.380.58
0.360.460.630.56-0.220.620.02-0.760.560.240.760.750.18-0.22-0.660.69-0.130.760.670.190.350.311.0-0.23-0.25
0.340.450.640.56-0.240.610.05-0.760.580.20.750.740.16-0.16-0.60.67-0.140.760.660.160.340.291.0-0.24-0.29
0.01-0.4-0.22-0.310.25-0.23-0.040.140.05-0.18-0.030.130.040.02-0.07-0.16-0.14-0.13-0.220.02-0.340.38-0.23-0.240.58
-0.21-0.27-0.47-0.420.15-0.22-0.160.490.05-0.02-0.3-0.11-0.14-0.21-0.2-0.39-0.04-0.48-0.41-0.15-0.250.58-0.25-0.290.58
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Microbot Medical Account Relationship Matchups

Microbot Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.1M26.3M16.8M9.5M8.3M7.9M
Other Current Liab608K696K1.4M1.7M3.2M2.6M
Total Current Liabilities4.8M1.3M2.0M2.1M3.8M4.8M
Total Stockholder Equity31.5M24.3M14.4M7.3M4.5M4.3M
Property Plant And Equipment Net1.2M1.0M888K723K406K385.7K
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 Payable284K275K279K116K357K489.2K
Cash28.8M19.7M13.5M2.4M2.5M2.3M
Non Current Assets Total1.2M1.0M888K723K406K385.7K
Non Currrent Assets Other259K962K5.0K(1.0)(0.9)(0.85)
Cash And Short Term Investments31.3M24.6M15.5M8.2M6.4M6.1M
Net Receivables101K340K174K103K1.3M1.4M
Common Stock Shares Outstanding4.3M7.1M7.1M7.3M10.2M10.7M
Liabilities And Stockholders Equity37.1M26.3M16.8M9.5M8.3M7.9M
Non Current Liabilities Total760K626K402K179K40K38K
Other Current Assets7.2M265K213K609K1.5M1.5M
Other Stockholder Equity66.6M68.5M69.9M76.0M83.9M88.1M
Total Liab5.6M2.0M2.4M2.2M3.8M3.6M
Total Current Assets35.9M25.3M15.9M8.8M7.9M7.5M
Property Plant And Equipment Gross1.2M251.01.2M1.1M899K854.1K
Common Stock Total Equity406K31K72K72.064.861.56
Common Stock406K31K72K80K118K112.1K
Net Tangible Assets31.5M24.3M14.4M7.3M8.4M11.1M
Retained Earnings Total Equity(20.6M)(27.9M)(35.1M)(44.3M)(50.9M)(53.5M)
Capital Surpluse30.2M32.5M70.0M68.5M61.7M58.6M
Property Plant Equipment228K1.0M888K723K650.7K1.2M

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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.