Vuzix Other Current Assets vs Non Current Liabilities Total Analysis

VUZI Stock  USD 1.97  0.28  12.44%   
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 Other Current Assets and its Non Current Liabilities Total 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.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vuzix Corp Cmn Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vuzix Corp's Other Current Assets and Non Current Liabilities Total is -0.41. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total 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 Other Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Vuzix Corp Cmn are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., Vuzix Corp's Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Liabilities Total

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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.