Energous Cash And Short Term Investments vs Property Plant And Equipment Net Analysis

WATT Stock  USD 1.53  0.01  0.65%   
Energous financial indicator trend analysis is much more than just examining Energous latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energous is a good investment. Please check the relationship between Energous Cash And Short Term Investments and its Property Plant And Equipment Net accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Energous Stock please use our How to Invest in Energous guide.

Cash And Short Term Investments vs Property Plant And Equipment Net

Cash And Short Term Investments vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energous Cash And Short Term Investments account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Energous' Cash And Short Term Investments and Property Plant And Equipment Net is 0.62. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Energous, assuming nothing else is changed. The correlation between historical values of Energous' Cash And Short Term Investments and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Energous are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash And Short Term Investments i.e., Energous' Cash And Short Term Investments and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Energous balance sheet. This account contains Energous investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Energous fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Energous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energous 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Energous Stock please use our How to Invest in Energous guide.At this time, Energous' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.21 in 2024, despite the fact that Enterprise Value is likely to grow to (3.9 M).
 2021 2022 2023 2024 (projected)
Net Interest Income5.5K411.1K866.4K909.8K
Interest Income5.5K411.1K866.4K909.8K

Energous fundamental ratios Correlations

0.090.380.97-0.98-0.610.51.01.00.58-0.040.280.680.411.00.510.370.66-0.690.66-0.1-0.020.660.3-0.550.59
0.090.86-0.04-0.05-0.210.080.080.080.22-0.230.150.190.830.090.22-0.060.08-0.140.05-0.12-0.230.10.12-0.140.05
0.380.860.24-0.32-0.380.570.360.360.34-0.280.540.380.980.370.320.290.47-0.380.46-0.05-0.10.520.36-0.390.42
0.97-0.040.24-0.99-0.490.430.970.970.46-0.120.250.630.260.970.370.340.58-0.630.58-0.090.050.590.13-0.40.53
-0.98-0.05-0.32-0.990.49-0.46-0.98-0.98-0.460.15-0.28-0.62-0.34-0.98-0.38-0.33-0.570.62-0.580.07-0.05-0.61-0.130.41-0.53
-0.61-0.21-0.38-0.490.49-0.27-0.59-0.59-0.95-0.540.07-0.96-0.49-0.59-0.93-0.22-0.670.88-0.60.430.64-0.51-0.740.7-0.66
0.50.080.570.43-0.46-0.270.470.470.15-0.290.880.290.530.480.120.690.67-0.420.710.160.280.830.42-0.50.66
1.00.080.360.97-0.98-0.590.471.00.58-0.040.240.670.381.00.50.330.62-0.670.62-0.09-0.020.630.27-0.520.56
1.00.080.360.97-0.98-0.590.471.00.58-0.040.240.670.381.00.50.330.62-0.670.62-0.09-0.020.630.27-0.520.56
0.580.220.340.46-0.46-0.950.150.580.580.66-0.220.890.420.580.990.010.53-0.740.47-0.4-0.620.410.76-0.630.63
-0.04-0.23-0.28-0.120.15-0.54-0.29-0.04-0.040.66-0.60.41-0.2-0.040.72-0.420.01-0.17-0.05-0.37-0.59-0.060.54-0.320.2
0.280.150.540.25-0.280.070.880.240.24-0.22-0.6-0.010.50.25-0.250.740.52-0.150.570.060.460.680.06-0.190.45
0.680.190.380.63-0.62-0.960.290.670.670.890.41-0.010.480.670.850.260.69-0.910.62-0.44-0.580.540.59-0.60.69
0.410.830.980.26-0.34-0.490.530.380.380.42-0.20.50.480.390.40.330.57-0.460.55-0.18-0.20.50.43-0.40.46
1.00.090.370.97-0.98-0.590.481.01.00.58-0.040.250.670.390.50.340.63-0.680.63-0.09-0.020.640.28-0.530.57
0.510.220.320.37-0.38-0.930.120.50.50.990.72-0.250.850.40.5-0.030.49-0.680.43-0.42-0.590.380.78-0.670.62
0.37-0.060.290.34-0.33-0.220.690.330.330.01-0.420.740.260.330.34-0.030.76-0.510.8-0.150.290.570.28-0.370.54
0.660.080.470.58-0.57-0.670.670.620.620.530.010.520.690.570.630.490.76-0.750.99-0.35-0.080.690.61-0.60.73
-0.69-0.14-0.38-0.630.620.88-0.42-0.67-0.67-0.74-0.17-0.15-0.91-0.46-0.68-0.68-0.51-0.75-0.70.270.46-0.62-0.550.66-0.64
0.660.050.460.58-0.58-0.60.710.620.620.47-0.050.570.620.550.630.430.80.99-0.7-0.30.040.690.59-0.590.73
-0.1-0.12-0.05-0.090.070.430.16-0.09-0.09-0.4-0.370.06-0.44-0.18-0.09-0.42-0.15-0.350.27-0.30.35-0.18-0.120.15-0.35
-0.02-0.23-0.10.05-0.050.640.28-0.02-0.02-0.62-0.590.46-0.58-0.2-0.02-0.590.29-0.080.460.040.350.01-0.280.140.01
0.660.10.520.59-0.61-0.510.830.630.630.41-0.060.680.540.50.640.380.570.69-0.620.69-0.180.010.38-0.630.72
0.30.120.360.13-0.13-0.740.420.270.270.760.540.060.590.430.280.780.280.61-0.550.59-0.12-0.280.38-0.680.67
-0.55-0.14-0.39-0.40.410.7-0.5-0.52-0.52-0.63-0.32-0.19-0.6-0.4-0.53-0.67-0.37-0.60.66-0.590.150.14-0.63-0.68-0.54
0.590.050.420.53-0.53-0.660.660.560.560.630.20.450.690.460.570.620.540.73-0.640.73-0.350.010.720.67-0.54
Click cells to compare fundamentals

Energous Account Relationship Matchups

Energous fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.9M53.1M51.4M29.8M16.7M29.1M
Other Current Liab2.1M1.6M2.5M2.2M2.0M2.2M
Total Current Liabilities4.5M3.5M4.3M3.8M4.6M4.4M
Total Stockholder Equity19.0M49.1M47.0M24.6M11.5M10.9M
Net Debt(19.6M)(49.3M)(48.4M)(24.3M)(12.7M)(13.3M)
Retained Earnings(263.1M)(295.0M)(336.4M)(362.7M)(382.0M)(362.9M)
Accounts Payable1.7M1.1M1.2M900.8K1.9M1.8M
Cash21.7M50.7M49.1M26.3M13.9M26.5M
Cash And Short Term Investments21.7M50.7M49.1M26.3M13.9M26.5M
Common Stock Total Equity225.0265.0333.0614.0706.1741.41
Common Stock Shares Outstanding1.5M2.1M3.2M3.9M4.7M4.9M
Liabilities And Stockholders Equity24.9M53.1M51.4M29.8M16.7M29.1M
Non Current Liabilities Total1.4M576.8K40.4K1.3M556.9K529.0K
Other Stockholder Equity282.2M344.0M383.4M387.3M393.5M234.9M
Total Liab5.9M4.1M4.4M5.1M5.2M4.8M
Total Current Assets22.2M51.4M50.2M27.4M15.0M27.4M
Common Stock333.0614.0767.0789.0930.0976.5
Property Plant And Equipment Net2.7M1.7M1.1M2.4M1.7M1.8M
Non Current Assets Total2.7M1.7M1.1M2.4M1.7M1.9M
Other Current Assets450.2K636.7K874.9K827.6K539.1K757.6K
Property Plant And Equipment Gross2.7M1.7M1.1M2.4M5.7M6.0M
Property Plant Equipment626.5K1.7M1.1M2.4M2.7M1.6M
Net Tangible Assets19.0M49.1M47.0M24.6M28.3M31.7M
Net Receivables63.1K75.9K283.6K143.4K101.6K114.3K
Retained Earnings Total Equity(173.9M)(224.7M)(263.1M)(295.0M)(265.5M)(278.7M)
Capital Surpluse185.7M243.1M282.2M344.0M395.6M219.8M
Net Invested Capital19.0M49.1M47.0M24.6M11.5M10.9M
Net Working Capital17.7M47.9M45.9M23.5M10.4M9.9M
Capital Stock333.0614.0767.0789.0930.0677.96

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When determining whether Energous is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energous Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energous Stock. Highlighted below are key reports to facilitate an investment decision about Energous Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Energous Stock please use our How to Invest in Energous guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is Energous' 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 Energous. If investors know Energous 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 Energous listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.15)
Revenue Per Share
0.102
Quarterly Revenue Growth
(0.49)
Return On Assets
(0.59)
Return On Equity
(1.07)
The market value of Energous is measured differently than its book value, which is the value of Energous that is recorded on the company's balance sheet. Investors also form their own opinion of Energous' value that differs from its market value or its book value, called intrinsic value, which is Energous' 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 Energous' market value can be influenced by many factors that don't directly affect Energous' 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 Energous' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energous' 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.