Transphorm Total Current Assets vs Net Working Capital Analysis
TGAN Stock | USD 4.78 0.07 1.44% |
Transphorm Technology financial indicator trend analysis is much more than just breaking down Transphorm Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transphorm Technology is a good investment. Please check the relationship between Transphorm Technology Total Current Assets and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transphorm Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Transphorm Stock, please use our How to Invest in Transphorm Technology guide.
Total Current Assets vs Net Working Capital
Total Current Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transphorm Technology Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Transphorm Technology's Total Current Assets and Net Working Capital is 0.93. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Transphorm Technology, assuming nothing else is changed. The correlation between historical values of Transphorm Technology's Total Current Assets and Net Working Capital 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 Current Assets of Transphorm Technology are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., Transphorm Technology's Total Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Net Working Capital
Most indicators from Transphorm Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transphorm Technology 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 Transphorm Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Transphorm Stock, please use our How to Invest in Transphorm Technology guide.As of the 2nd of June 2024, Enterprise Value is likely to grow to about 181.1 M, while Selling General Administrative is likely to drop about 13.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 12.5M | 17.5M | 17.8M | 13.4M | Research Development | 6.7M | 8.9M | 11.2M | 8.9M |
Transphorm Technology fundamental ratios Correlations
Click cells to compare fundamentals
Transphorm Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Transphorm Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1.7M | 2.7M | 1.2M | 21.5M | 24.8M | 26.0M | |
Total Current Liabilities | 20.7M | 26.7M | 5.3M | 21.9M | 25.2M | 16.6M | |
Net Tangible Assets | (124.9M) | (22.2M) | 29.6M | 18.2M | 20.9M | 22.0M | |
Retained Earnings | (143.9M) | (161.8M) | (178.6M) | (209.2M) | (188.3M) | (197.7M) | |
Accounts Payable | 2.4M | 3.2M | 3.6M | 7.9M | 9.1M | 9.5M | |
Other Assets | 497K | 291K | 263K | 726K | 834.9K | 430.7K | |
Inventory | 990K | 1.6M | 6.3M | 8.4M | 9.7M | 10.2M | |
Other Stockholder Equity | 22.4M | 142.7M | 211.2M | 230.3M | 264.8M | 278.1M | |
Total Current Assets | 5.4M | 18.2M | 44.6M | 30.7M | 35.3M | 20.2M | |
Property Plant Equipment | 1.8M | 1.3M | 1.8M | 10.9M | 12.6M | 13.2M | |
Total Assets | 10.3M | 22.2M | 48.6M | 44.5M | 51.1M | 27.6M | |
Total Stockholder Equity | (122.3M) | (19.9M) | 31.4M | 19.6M | 22.6M | 23.7M | |
Net Debt | 38.8M | 20.9M | (21.3M) | (453K) | (407.7K) | (387.3K) | |
Cash | 2.9M | 14.7M | 33.4M | 15.5M | 17.9M | 14.6M | |
Cash And Short Term Investments | 2.9M | 14.7M | 33.4M | 15.5M | 17.9M | 14.6M | |
Net Receivables | 709K | 844K | 2.6M | 4.4M | 5.1M | 5.3M | |
Liabilities And Stockholders Equity | 10.3M | 22.2M | 48.6M | 44.5M | 51.1M | 27.6M | |
Total Liab | 132.5M | 42.1M | 17.3M | 24.8M | 22.4M | 34.7M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Transphorm Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Transphorm Stock, please use our How to Invest in Transphorm Technology guide.Note that the Transphorm Technology information on this page should be used as a complementary analysis to other Transphorm Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Transphorm Stock analysis
When running Transphorm Technology's price analysis, check to measure Transphorm Technology'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 Transphorm Technology is operating at the current time. Most of Transphorm Technology's value examination focuses on studying past and present price action to predict the probability of Transphorm Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transphorm Technology's price. Additionally, you may evaluate how the addition of Transphorm Technology to your portfolios can decrease your overall portfolio volatility.
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
CEOs Directory Screen CEOs from public companies around the world | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |
Is Transphorm Technology's industry 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 Transphorm Technology. If investors know Transphorm 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 Transphorm Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.70) | Revenue Per Share 0.311 | Quarterly Revenue Growth 0.039 | Return On Assets (0.46) | Return On Equity (1.44) |
The market value of Transphorm Technology is measured differently than its book value, which is the value of Transphorm that is recorded on the company's balance sheet. Investors also form their own opinion of Transphorm Technology's value that differs from its market value or its book value, called intrinsic value, which is Transphorm Technology'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 Transphorm Technology's market value can be influenced by many factors that don't directly affect Transphorm Technology'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 Transphorm Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transphorm Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transphorm Technology'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.