Vuzix Non Currrent Assets Other vs Total Assets Analysis

VUZI Stock  USD 2.31  0.18  8.45%   
Vuzix Corp financial indicator trend analysis is much more than just breaking down Vuzix Corp Cmn prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vuzix Corp Cmn is a good investment. Please check the relationship between Vuzix Corp Non Currrent Assets Other and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vuzix Corp Cmn. 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.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vuzix Corp Cmn Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vuzix Corp's Non Currrent Assets Other and Total Assets is -0.02. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Vuzix Corp Cmn, assuming nothing else is changed. The correlation between historical values of Vuzix Corp's Non Currrent Assets Other 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 Non Currrent Assets Other of Vuzix Corp Cmn 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 Non Currrent Assets Other i.e., Vuzix Corp's Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of Vuzix Corp 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 Vuzix Corp Cmn 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 Vuzix Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vuzix Corp Cmn 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vuzix Corp Cmn. 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 now, Vuzix Corp's Selling General Administrative is increasing as compared to previous years. Issuance Of Capital Stock is expected to grow at the current pace this year, while Enterprise Value Over EBITDA is projected to decrease to (2.46).
 2021 2022 2023 2024 (projected)
Total Operating Expenses42.2M43.6M50.6M53.1M
Cost Of Revenue10.7M10.4M13.9M7.7M

Vuzix Corp fundamental ratios Correlations

-0.410.620.420.990.74-0.93-0.86-0.350.910.72-0.020.910.76-0.170.93-0.470.920.92-0.120.850.93-0.260.69-0.160.92
-0.41-0.250.28-0.42-0.420.340.490.58-0.29-0.440.0-0.29-0.360.56-0.49-0.04-0.29-0.480.14-0.46-0.30.93-0.420.55-0.43
0.62-0.250.80.570.27-0.47-0.52-0.360.470.63-0.120.470.61-0.070.55-0.230.590.540.340.450.51-0.140.72-0.060.63
0.420.280.80.360.09-0.27-0.30.150.290.47-0.280.290.50.270.32-0.240.370.320.480.290.320.440.560.270.34
0.99-0.420.570.360.77-0.92-0.86-0.360.90.710.010.90.76-0.170.94-0.530.920.93-0.220.860.92-0.280.67-0.170.92
0.74-0.420.270.090.77-0.54-0.93-0.370.490.790.210.490.76-0.280.9-0.60.730.91-0.470.920.54-0.310.69-0.280.67
-0.930.34-0.47-0.27-0.92-0.540.640.3-1.0-0.41-0.01-1.0-0.490.2-0.760.38-0.87-0.740.15-0.63-0.990.24-0.380.2-0.9
-0.860.49-0.52-0.3-0.86-0.930.640.42-0.59-0.91-0.14-0.59-0.860.26-0.980.48-0.8-0.990.21-0.95-0.640.34-0.850.25-0.79
-0.350.58-0.360.15-0.36-0.370.30.42-0.28-0.32-0.35-0.28-0.190.48-0.420.16-0.36-0.40.22-0.32-0.30.56-0.310.48-0.43
0.91-0.290.470.290.90.49-1.0-0.59-0.280.370.021.00.46-0.170.72-0.380.870.7-0.130.581.0-0.190.34-0.170.9
0.72-0.440.630.470.710.79-0.41-0.91-0.320.37-0.10.370.93-0.090.87-0.40.60.880.00.910.42-0.270.99-0.080.58
-0.020.0-0.12-0.280.010.21-0.01-0.14-0.350.02-0.10.02-0.04-0.170.1-0.150.120.09-0.31-0.070.03-0.13-0.16-0.170.12
0.91-0.290.470.290.90.49-1.0-0.59-0.281.00.370.020.46-0.170.72-0.380.870.7-0.130.581.0-0.190.34-0.170.9
0.76-0.360.610.50.760.76-0.49-0.86-0.190.460.93-0.040.460.030.85-0.480.650.86-0.050.880.51-0.210.920.030.61
-0.170.56-0.070.27-0.17-0.280.20.260.48-0.17-0.09-0.17-0.170.03-0.26-0.18-0.27-0.230.05-0.15-0.180.47-0.051.0-0.36
0.93-0.490.550.320.940.9-0.76-0.98-0.420.720.870.10.720.85-0.26-0.480.861.0-0.20.950.76-0.350.82-0.250.85
-0.47-0.04-0.23-0.24-0.53-0.60.380.480.16-0.38-0.4-0.15-0.38-0.48-0.18-0.48-0.51-0.510.73-0.5-0.4-0.09-0.34-0.18-0.41
0.92-0.290.590.370.920.73-0.87-0.8-0.360.870.60.120.870.65-0.270.86-0.510.85-0.230.750.9-0.210.56-0.260.96
0.92-0.480.540.320.930.91-0.74-0.99-0.40.70.880.090.70.86-0.231.0-0.510.85-0.220.960.74-0.330.82-0.230.84
-0.120.140.340.48-0.22-0.470.150.210.22-0.130.0-0.31-0.13-0.050.05-0.20.73-0.23-0.22-0.22-0.140.230.110.04-0.16
0.85-0.460.450.290.860.92-0.63-0.95-0.320.580.91-0.070.580.88-0.150.95-0.50.750.96-0.220.62-0.290.85-0.140.7
0.93-0.30.510.320.920.54-0.99-0.64-0.31.00.420.031.00.51-0.180.76-0.40.90.74-0.140.62-0.20.39-0.180.92
-0.260.93-0.140.44-0.28-0.310.240.340.56-0.19-0.27-0.13-0.19-0.210.47-0.35-0.09-0.21-0.330.23-0.29-0.2-0.240.47-0.34
0.69-0.420.720.560.670.69-0.38-0.85-0.310.340.99-0.160.340.92-0.050.82-0.340.560.820.110.850.39-0.24-0.040.55
-0.160.55-0.060.27-0.17-0.280.20.250.48-0.17-0.08-0.17-0.170.031.0-0.25-0.18-0.26-0.230.04-0.14-0.180.47-0.04-0.35
0.92-0.430.630.340.920.67-0.9-0.79-0.430.90.580.120.90.61-0.360.85-0.410.960.84-0.160.70.92-0.340.55-0.35
Click cells to compare fundamentals

Vuzix Corp Account Relationship Matchups

Vuzix Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.4M52.5M148.5M132.3M86.1M90.5M
Other Current Liab904.6K983.0K1.4M13.2M3.4M1.8M
Total Current Liabilities2.6M3.1M4.2M15.3M5.2M5.9M
Total Stockholder Equity24.2M48.3M143.7M116.7M80.8M84.8M
Property Plant And Equipment Net6.4M4.4M6.3M4.8M8.4M8.8M
Net Debt(8.5M)(34.6M)(119.1M)(71.6M)(26.3M)(27.6M)
Retained Earnings(144.7M)(162.7M)(203.1M)(243.8M)(294.0M)(279.3M)
Accounts Payable1.1M1.5M2.1M1.2M1.6M2.1M
Cash10.6M36.1M120.2M72.6M26.6M20.3M
Non Current Assets Total9.4M7.4M11.3M41.1M44.6M46.9M
Non Currrent Assets Other2.0B2.5B491.9K631.1K(1.0)(0.95)
Cash And Short Term Investments10.6M36.1M120.2M72.6M26.6M20.3M
Net Receivables1.6M1.4M2.2M4.3M4.2M4.4M
Common Stock Total Equity33.1K45.6K63.7K63.8K57.4K88.7K
Common Stock Shares Outstanding30.3M38.1M61.1M63.7M63.4M66.6M
Liabilities And Stockholders Equity28.4M52.5M148.5M132.3M86.1M90.5M
Non Current Liabilities Total1.6M1.1M582.9K305.2K137.7K130.8K
Inventory5.7M6.1M12.2M11.3M9.0M4.8M
Other Stockholder Equity169.0M211.0M346.7M359.3M374.7M393.4M
Total Liab4.2M4.2M4.7M15.6M5.4M6.6M
Property Plant And Equipment Gross6.4M2.8M12.2M11.1M15.7M16.5M
Total Current Assets19.1M45.1M137.2M91.2M41.5M27.8M
Intangible Assets2.7M2.8M4.1M33.6M29.8M31.3M
Common Stock33.1K45.6K63.7K63.8K65.3K86.7K
Other Current Assets895.1K1.5M2.6M2.5M1.7M927.4K
Current Deferred Revenue142.5K41.2K27.8K29.1K18.8K17.9K
Property Plant Equipment6.4M2.8M5.2M3.9M4.5M3.0M
Net Tangible Assets21.5M46.7M147.6M112.9M129.8M136.3M
Other Assets350K4.0M491.9K631.1K(1.0)(0.95)
Capital Surpluse169.0M211.0M346.7M362.5M416.9M209.5M
Net Invested Capital24.2M48.3M143.7M116.7M80.8M73.2M
Net Working Capital16.4M42.0M133.0M76.0M36.3M53.8M
Capital Stock33.2K45.7K63.7K63.8K65.3K54.9K

Currently Active Assets on Macroaxis

When determining whether Vuzix Corp Cmn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vuzix Corp'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 Vuzix Corp Cmn Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vuzix Corp Cmn Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vuzix Corp Cmn. 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.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Consumer Electronics 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 Vuzix Corp. If investors know Vuzix 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 Vuzix Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.21)
Revenue Per Share
0.098
Quarterly Revenue Growth
(0.77)
Return On Assets
(0.42)
Return On Equity
(1.17)
The market value of Vuzix Corp Cmn is measured differently than its book value, which is the value of Vuzix that is recorded on the company's balance sheet. Investors also form their own opinion of Vuzix Corp's value that differs from its market value or its book value, called intrinsic value, which is Vuzix Corp'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 Vuzix Corp's market value can be influenced by many factors that don't directly affect Vuzix Corp'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 Vuzix Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vuzix Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vuzix Corp'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.