Microbot Total Assets vs Retained Earnings Analysis

MBOT Stock

USD 1.16 0.02 1.75%

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 Total Assets and its Retained Earnings 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microbot Medical Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Microbot Medical's Total Assets and Retained Earnings is -0.6. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings 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 Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Microbot Medical are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Microbot Medical's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 3,924 in 2024.

Microbot Medical fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Short Term Investments	Current Deferred Revenue
Total Assets		0.56	0.32	0.58	0.63	0.67	-0.73	-0.6	0.01	0.9	0.73	0.53	0.97	-0.1	-0.43	0.7	0.54	0.64	0.69	0.97	0.57	0.34	0.36	0.34	0.01	-0.21
Short Long Term Debt Total	0.56		0.71	0.86	-0.17	0.94	-0.07	-0.75	-0.04	0.6	0.67	0.09	0.45	-0.01	-0.46	0.83	0.07	0.75	0.87	0.46	0.96	0.51	0.46	0.45	-0.4	-0.27
Other Current Liab	0.32	0.71		0.9	-0.48	0.75	0.33	-0.88	0.36	0.12	0.72	0.41	0.12	0.13	-0.42	0.8	-0.08	0.87	0.86	0.15	0.61	0.32	0.64	0.65	-0.21	-0.43
Total Current Liabilities	0.58	0.86	0.9		-0.2	0.87	0.0	-0.87	0.28	0.47	0.75	0.4	0.42	0.16	-0.38	0.84	0.21	0.86	0.93	0.45	0.8	0.38	0.56	0.56	-0.31	-0.42
Total Stockholder Equity	0.63	-0.17	-0.48	-0.2		-0.06	-0.92	0.19	-0.18	0.66	0.03	0.23	0.77	-0.16	0.04	-0.09	0.63	-0.14	-0.12	0.76	-0.1	0.01	-0.22	-0.24	0.25	0.15
Property Plant And Equipment Net	0.67	0.94	0.75	0.87	-0.06		-0.14	-0.85	0.13	0.63	0.82	0.33	0.54	-0.05	-0.55	0.89	0.1	0.86	0.92	0.54	0.86	0.63	0.62	0.61	-0.23	-0.22
Net Debt	-0.73	-0.07	0.33	0.0	-0.92	-0.14		-0.06	0.02	-0.84	-0.19	-0.33	-0.83	0.24	0.18	-0.09	-0.66	0.02	-0.07	-0.82	-0.12	-0.13	0.02	0.05	-0.04	-0.16
Retained Earnings	-0.6	-0.75	-0.88	-0.87	0.19	-0.85	-0.06		-0.25	-0.36	-0.91	-0.55	-0.42	-0.03	0.54	-0.95	0.01	-1.0	-0.96	-0.43	-0.68	-0.36	-0.76	-0.76	0.14	0.49
Accounts Payable	0.01	-0.04	0.36	0.28	-0.18	0.13	0.02	-0.25		-0.04	0.34	0.65	-0.1	0.11	-0.19	0.13	-0.08	0.24	0.19	-0.09	-0.07	0.2	0.56	0.58	0.05	0.05
Cash	0.9	0.6	0.12	0.47	0.66	0.63	-0.84	-0.36	-0.04		0.52	0.32	0.92	-0.19	-0.39	0.53	0.57	0.4	0.53	0.92	0.61	0.39	0.24	0.2	-0.18	-0.02
Non Current Assets Total	0.73	0.67	0.72	0.75	0.03	0.82	-0.19	-0.91	0.34	0.52		0.66	0.57	-0.03	-0.64	0.94	0.04	0.92	0.91	0.56	0.64	0.47	0.76	0.75	-0.03	-0.3
Non Currrent Assets Other	0.53	0.09	0.41	0.4	0.23	0.33	-0.33	-0.55	0.65	0.32	0.66		0.41	-0.23	-0.55	0.47	0.37	0.56	0.47	0.43	0.04	0.2	0.75	0.74	0.13	-0.11
Cash And Short Term Investments	0.97	0.45	0.12	0.42	0.77	0.54	-0.83	-0.42	-0.1	0.92	0.57	0.41		-0.13	-0.32	0.55	0.58	0.47	0.53	0.99	0.5	0.27	0.18	0.15	0.04	-0.14
Net Receivables	-0.1	-0.01	0.13	0.16	-0.16	-0.05	0.24	-0.03	0.11	-0.19	-0.03	-0.23	-0.13		0.61	-0.02	-0.2	0.02	0.02	-0.11	0.08	-0.07	-0.22	-0.16	0.02	-0.21
Common Stock Shares Outstanding	-0.43	-0.46	-0.42	-0.38	0.04	-0.55	0.18	0.54	-0.19	-0.39	-0.64	-0.55	-0.32	0.61		-0.64	-0.09	-0.54	-0.59	-0.3	-0.41	-0.51	-0.66	-0.6	-0.07	-0.2
Non Current Liabilities Total	0.7	0.83	0.8	0.84	-0.09	0.89	-0.09	-0.95	0.13	0.53	0.94	0.47	0.55	-0.02	-0.64		0.04	0.96	0.98	0.54	0.8	0.43	0.69	0.67	-0.16	-0.39
Other Current Assets	0.54	0.07	-0.08	0.21	0.63	0.1	-0.66	0.01	-0.08	0.57	0.04	0.37	0.58	-0.2	-0.09	0.04		0.02	0.11	0.64	0.07	-0.04	-0.05	-0.08	-0.14	-0.01
Other Stockholder Equity	0.64	0.75	0.87	0.86	-0.14	0.86	0.02	-1.0	0.24	0.4	0.92	0.56	0.47	0.02	-0.54	0.96	0.02		0.96	0.48	0.68	0.36	0.76	0.76	-0.13	-0.48
Total Liab	0.69	0.87	0.86	0.93	-0.12	0.92	-0.07	-0.96	0.19	0.53	0.91	0.47	0.53	0.02	-0.59	0.98	0.11	0.96		0.54	0.83	0.43	0.67	0.66	-0.22	-0.41
Total Current Assets	0.97	0.46	0.15	0.45	0.76	0.54	-0.82	-0.43	-0.09	0.92	0.56	0.43	0.99	-0.11	-0.3	0.54	0.64	0.48	0.54		0.48	0.26	0.19	0.16	0.02	-0.15
Short Term Debt	0.57	0.96	0.61	0.8	-0.1	0.86	-0.12	-0.68	-0.07	0.61	0.64	0.04	0.5	0.08	-0.41	0.8	0.07	0.68	0.83	0.48		0.48	0.36	0.34	-0.34	-0.24
Property Plant And Equipment Gross	0.34	0.51	0.32	0.38	0.01	0.63	-0.13	-0.36	0.2	0.39	0.47	0.2	0.27	-0.07	-0.51	0.43	-0.04	0.36	0.43	0.26	0.48		0.31	0.29	0.38	0.58
Common Stock Total Equity	0.36	0.46	0.64	0.56	-0.22	0.62	0.02	-0.76	0.56	0.24	0.76	0.75	0.18	-0.22	-0.66	0.69	-0.05	0.76	0.67	0.19	0.36	0.31		1.0	-0.23	-0.25
Common Stock	0.34	0.45	0.65	0.56	-0.24	0.61	0.05	-0.76	0.58	0.2	0.75	0.74	0.15	-0.16	-0.6	0.67	-0.08	0.76	0.66	0.16	0.34	0.29	1.0		-0.24	-0.29
Short Term Investments	0.01	-0.4	-0.21	-0.31	0.25	-0.23	-0.04	0.14	0.05	-0.18	-0.03	0.13	0.04	0.02	-0.07	-0.16	-0.14	-0.13	-0.22	0.02	-0.34	0.38	-0.23	-0.24		0.58
Current Deferred Revenue	-0.21	-0.27	-0.43	-0.42	0.15	-0.22	-0.16	0.49	0.05	-0.02	-0.3	-0.11	-0.14	-0.21	-0.2	-0.39	-0.01	-0.48	-0.41	-0.15	-0.24	0.58	-0.25	-0.29	0.58

Click cells to compare fundamentals

Microbot Medical Account Relationship Matchups

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	(131K)	396K	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)	(2.3M)	(2.4M)
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	2.4M
Non Current Assets Total	1.2M	1.0M	888K	723K	406.0K	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	270K	387K	612K	152K	144.4K
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

Pair Trading with Microbot Medical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Microbot Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Microbot Medical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Microbot Stock

0.67

ABT

Abbott Laboratories Financial Report 18th of July 2024

Pair Corr

Moving against Microbot Stock

0.53	ELV	Elevance Health Financial Report 17th of July 2024	Pair Corr
0.46	BSX	Boston Scientific Corp	Pair Corr

The ability to find closely correlated positions to Microbot Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microbot Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microbot Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microbot Medical to buy it.

The correlation of Microbot Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microbot Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microbot Medical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Microbot Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC