EMCORE Common Stock Total Equity vs Other Stockholder Equity Analysis

EMKR Stock  USD 0.88  0.04  4.76%   
EMCORE financial indicator trend analysis is much more than just examining EMCORE latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EMCORE is a good investment. Please check the relationship between EMCORE Common Stock Total Equity and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCORE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.

Common Stock Total Equity vs Other Stockholder Equity

Common Stock Total Equity vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EMCORE Common Stock Total Equity account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between EMCORE's Common Stock Total Equity and Other Stockholder Equity is -0.66. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of EMCORE, assuming nothing else is changed. The correlation between historical values of EMCORE's Common Stock Total Equity and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of EMCORE are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Total Equity i.e., EMCORE's Common Stock Total Equity and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Other Stockholder Equity

Most indicators from EMCORE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EMCORE 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCORE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.At this time, EMCORE's Tax Provision is relatively stable compared to the past year. As of 06/06/2024, Issuance Of Capital Stock is likely to grow to about 41.4 M, while Selling General Administrative is likely to drop slightly above 31.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit29.7M23.4M26.9M31.1M
Total Revenue124.1M97.7M112.4M135.5M

EMCORE fundamental ratios Correlations

0.360.360.540.80.61-0.07-0.810.50.250.630.150.260.790.360.170.740.55-0.30.580.610.740.50.340.150.77
0.360.440.320.080.720.72-0.380.24-0.460.760.24-0.40.46-0.410.890.62-0.28-0.010.710.72-0.030.32-0.040.820.24
0.360.440.88-0.180.730.68-0.360.75-0.670.76-0.13-0.670.76-0.010.150.490.390.460.860.73-0.180.710.530.150.21
0.540.320.880.050.630.45-0.430.91-0.430.730.07-0.420.820.36-0.040.510.580.460.860.630.080.810.750.010.25
0.80.08-0.180.050.16-0.51-0.680.040.690.160.130.710.420.380.00.450.3-0.620.030.160.94-0.010.07-0.050.72
0.610.720.730.630.160.68-0.560.57-0.540.940.03-0.530.73-0.260.560.820.30.050.861.00.00.660.160.510.42
-0.070.720.680.45-0.510.680.00.36-0.940.70.08-0.920.34-0.480.590.38-0.150.470.690.69-0.620.480.080.59-0.16
-0.81-0.38-0.36-0.43-0.68-0.560.0-0.4-0.18-0.5-0.25-0.2-0.68-0.18-0.25-0.76-0.330.57-0.5-0.56-0.67-0.17-0.1-0.2-0.92
0.50.240.750.910.040.570.36-0.4-0.350.610.16-0.340.740.25-0.030.550.630.340.790.570.130.680.52-0.070.21
0.25-0.46-0.67-0.430.69-0.54-0.94-0.18-0.35-0.55-0.020.99-0.220.4-0.34-0.190.05-0.61-0.56-0.540.79-0.49-0.14-0.370.33
0.630.760.760.730.160.940.7-0.50.61-0.550.14-0.540.77-0.060.50.750.320.210.910.950.00.790.380.530.35
0.150.24-0.130.070.130.030.08-0.250.16-0.020.140.00.030.230.220.38-0.08-0.180.160.030.130.05-0.050.410.22
0.26-0.4-0.67-0.420.71-0.53-0.92-0.2-0.340.99-0.540.0-0.20.37-0.3-0.170.0-0.62-0.54-0.530.8-0.51-0.15-0.350.31
0.790.460.760.820.420.730.34-0.680.74-0.220.770.03-0.20.270.140.730.520.120.80.730.390.670.550.060.57
0.36-0.41-0.010.360.38-0.26-0.48-0.180.250.4-0.060.230.370.27-0.67-0.120.590.15-0.02-0.260.430.350.73-0.480.19
0.170.890.15-0.040.00.560.59-0.25-0.03-0.340.50.22-0.30.14-0.670.54-0.47-0.230.460.56-0.080.01-0.450.890.2
0.740.620.490.510.450.820.38-0.760.55-0.190.750.38-0.170.73-0.120.540.27-0.280.730.820.390.420.00.50.72
0.55-0.280.390.580.30.3-0.15-0.330.630.050.32-0.080.00.520.59-0.470.270.120.330.30.290.590.51-0.440.31
-0.3-0.010.460.46-0.620.050.470.570.34-0.610.21-0.18-0.620.120.15-0.23-0.280.120.30.05-0.610.590.61-0.13-0.66
0.580.710.860.860.030.860.69-0.50.79-0.560.910.16-0.540.8-0.020.460.730.330.30.860.010.760.430.450.33
0.610.720.730.630.161.00.69-0.560.57-0.540.950.03-0.530.73-0.260.560.820.30.050.860.00.660.160.510.42
0.74-0.03-0.180.080.940.0-0.62-0.670.130.790.00.130.80.390.43-0.080.390.29-0.610.010.0-0.120.07-0.150.72
0.50.320.710.81-0.010.660.48-0.170.68-0.490.790.05-0.510.670.350.010.420.590.590.760.66-0.120.740.130.07
0.34-0.040.530.750.070.160.08-0.10.52-0.140.38-0.05-0.150.550.73-0.450.00.510.610.430.160.070.74-0.28-0.01
0.150.820.150.01-0.050.510.59-0.2-0.07-0.370.530.41-0.350.06-0.480.890.5-0.44-0.130.450.51-0.150.13-0.280.18
0.770.240.210.250.720.42-0.16-0.920.210.330.350.220.310.570.190.20.720.31-0.660.330.420.720.07-0.010.18
Click cells to compare fundamentals

EMCORE Account Relationship Matchups

EMCORE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets126.2M180.8M189.1M142.9M128.6M145.7M
Short Long Term Debt Total21.2M13.9M39.3M34.5M31.1M40.6M
Other Current Liab11.1M9.6M8.1M13.6M12.2M10.0M
Total Current Liabilities29.1M27.8M29.2M28.8M33.1M43.0M
Total Stockholder Equity74.1M137.5M118.8M79.2M91.1M114.4M
Property Plant And Equipment Net35.6M36.0M61.1M37.1M33.4M39.5M
Net Debt(9.2M)(57.7M)13.7M8.3M7.5M7.9M
Retained Earnings(623.4M)(597.8M)(622.1M)(698.5M)(628.7M)(660.1M)
Accounts Payable16.5M16.7M12.7M9.7M11.1M18.5M
Cash30.4M71.6M25.6M26.2M30.1M35.0M
Non Current Assets Total36.1M36.5M93.9M51.9M46.7M59.5M
Non Currrent Assets Other242K225K2.4M2.6M2.3M2.2M
Cash And Short Term Investments30.4M71.6M25.6M26.2M30.1M48.7M
Net Receivables26.9M32.2M24.9M24.0M27.6M29.6M
Common Stock Shares Outstanding2.9M3.6M3.7M5.2M5.9M5.6M
Liabilities And Stockholders Equity126.2M180.8M189.1M142.9M128.6M145.7M
Non Current Liabilities Total23.0M15.5M41.0M34.8M31.3M30.6M
Inventory25.5M32.3M37.0M28.9M33.2M29.4M
Other Current Assets7.3M8.2M7.6M556K639.4K607.4K
Total Liab52.1M43.3M70.3M63.6M57.3M62.1M
Property Plant And Equipment Gross35.6M36.0M61.1M37.1M33.4M39.6M
Total Current Assets90.1M144.3M95.2M91.0M104.6M117.3M
Accumulated Other Comprehensive Income918K687K1.3M350K402.5K422.6K
Short Term Debt992K1.2M3.1M3.9M4.5M8.0M
Intangible Assets202K167K14.8M12.2M11.0M7.1M
Common Stock Total Equity734.1M739.9M744.4M782.3M899.6M635.9M
Common Stock744.4M782.3M787.3M825.1M948.9M658.3M
Other Liab2.1M2.8M2.8M4.8M4.3M2.7M
Other Assets62K242K225K2.4M2.1M3.5M
Property Plant Equipment37.2M21.1M22.5M61.1M55.0M42.6M
Current Deferred Revenue502K364K5.3M1.6M1.5M1.4M
Net Tangible Assets76.4M73.9M137.2M86.1M99.1M103.7M
Retained Earnings Total Equity(580.4M)(616.4M)(623.4M)(597.8M)(538.0M)(564.9M)
Non Current Liabilities Other23.0M15.5M106K8K7.2K6.8K

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Additional Tools for EMCORE Stock Analysis

When running EMCORE's price analysis, check to measure EMCORE'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 EMCORE is operating at the current time. Most of EMCORE's value examination focuses on studying past and present price action to predict the probability of EMCORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCORE's price. Additionally, you may evaluate how the addition of EMCORE to your portfolios can decrease your overall portfolio volatility.