Energous Net Income vs Net Interest Income Analysis

WATT Stock

USD 1.38 0.03 2.13%

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 Net Income and its Net Interest Income 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 closely tied 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.

Net Income vs Net Interest Income

Net Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energous Net Income account and Net Interest Income. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Energous' Net Income and Net Interest Income is 0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Energous, assuming nothing else is changed. The correlation between historical values of Energous' Net Income and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Energous are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Net Income i.e., Energous' Net Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Energous financial statement analysis. It represents the amount of money remaining after all of Energous operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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 closely tied 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 Income	5.5K	411.1K	866.4K	909.8K
Interest Income	5.5K	411.1K	866.4K	909.8K

Net Interest Income Interest Income

Energous fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Other Current Assets	Property Plant And Equipment Gross	Short Term Debt	Property Plant Equipment
Total Assets		0.09	0.38	0.97	-0.98	-0.61	0.5	1.0	1.0	0.58	-0.04	0.28	0.68	0.41	1.0	0.51	0.37	0.66	-0.69	0.66	-0.1	-0.02	0.66	0.3	-0.55	0.59
Other Current Liab	0.09		0.86	-0.04	-0.05	-0.21	0.08	0.08	0.08	0.22	-0.23	0.15	0.19	0.83	0.09	0.22	-0.06	0.08	-0.14	0.05	-0.12	-0.23	0.1	0.12	-0.14	0.05
Total Current Liabilities	0.38	0.86		0.24	-0.32	-0.38	0.57	0.36	0.36	0.34	-0.28	0.54	0.38	0.98	0.37	0.32	0.29	0.47	-0.38	0.46	-0.05	-0.1	0.52	0.36	-0.39	0.42
Total Stockholder Equity	0.97	-0.04	0.24		-0.99	-0.49	0.43	0.97	0.97	0.46	-0.12	0.25	0.63	0.26	0.97	0.37	0.34	0.58	-0.63	0.58	-0.09	0.05	0.59	0.13	-0.4	0.53
Net Debt	-0.98	-0.05	-0.32	-0.99		0.49	-0.46	-0.98	-0.98	-0.46	0.15	-0.28	-0.62	-0.34	-0.98	-0.38	-0.33	-0.57	0.62	-0.58	0.07	-0.05	-0.61	-0.13	0.41	-0.53
Retained Earnings	-0.61	-0.21	-0.38	-0.49	0.49		-0.27	-0.59	-0.59	-0.95	-0.54	0.07	-0.96	-0.49	-0.59	-0.93	-0.22	-0.67	0.88	-0.6	0.43	0.64	-0.51	-0.74	0.7	-0.66
Accounts Payable	0.5	0.08	0.57	0.43	-0.46	-0.27		0.47	0.47	0.15	-0.29	0.88	0.29	0.53	0.48	0.12	0.69	0.67	-0.42	0.71	0.16	0.28	0.83	0.42	-0.5	0.66
Cash	1.0	0.08	0.36	0.97	-0.98	-0.59	0.47		1.0	0.58	-0.04	0.24	0.67	0.38	1.0	0.5	0.33	0.62	-0.67	0.62	-0.09	-0.02	0.63	0.27	-0.52	0.56
Cash And Short Term Investments	1.0	0.08	0.36	0.97	-0.98	-0.59	0.47	1.0		0.58	-0.04	0.24	0.67	0.38	1.0	0.5	0.33	0.62	-0.67	0.62	-0.09	-0.02	0.63	0.27	-0.52	0.56
Common Stock Total Equity	0.58	0.22	0.34	0.46	-0.46	-0.95	0.15	0.58	0.58		0.66	-0.22	0.89	0.42	0.58	0.99	0.01	0.53	-0.74	0.47	-0.4	-0.62	0.41	0.76	-0.63	0.63
Common Stock Shares Outstanding	-0.04	-0.23	-0.28	-0.12	0.15	-0.54	-0.29	-0.04	-0.04	0.66		-0.6	0.41	-0.2	-0.04	0.72	-0.42	0.01	-0.17	-0.05	-0.37	-0.59	-0.06	0.54	-0.32	0.2
Non Current Liabilities Total	0.28	0.15	0.54	0.25	-0.28	0.07	0.88	0.24	0.24	-0.22	-0.6		-0.01	0.5	0.25	-0.25	0.74	0.52	-0.15	0.57	0.06	0.46	0.68	0.06	-0.19	0.45
Other Stockholder Equity	0.68	0.19	0.38	0.63	-0.62	-0.96	0.29	0.67	0.67	0.89	0.41	-0.01		0.48	0.67	0.85	0.26	0.69	-0.91	0.62	-0.44	-0.58	0.54	0.59	-0.6	0.69
Total Liab	0.41	0.83	0.98	0.26	-0.34	-0.49	0.53	0.38	0.38	0.42	-0.2	0.5	0.48		0.39	0.4	0.33	0.57	-0.46	0.55	-0.18	-0.2	0.5	0.43	-0.4	0.46
Total Current Assets	1.0	0.09	0.37	0.97	-0.98	-0.59	0.48	1.0	1.0	0.58	-0.04	0.25	0.67	0.39		0.5	0.34	0.63	-0.68	0.63	-0.09	-0.02	0.64	0.28	-0.53	0.57
Common Stock	0.51	0.22	0.32	0.37	-0.38	-0.93	0.12	0.5	0.5	0.99	0.72	-0.25	0.85	0.4	0.5		-0.03	0.49	-0.68	0.43	-0.42	-0.59	0.38	0.78	-0.67	0.62
Short Long Term Debt Total	0.37	-0.06	0.29	0.34	-0.33	-0.22	0.69	0.33	0.33	0.01	-0.42	0.74	0.26	0.33	0.34	-0.03		0.76	-0.51	0.8	-0.15	0.29	0.57	0.28	-0.37	0.54
Property Plant And Equipment Net	0.66	0.08	0.47	0.58	-0.57	-0.67	0.67	0.62	0.62	0.53	0.01	0.52	0.69	0.57	0.63	0.49	0.76		-0.75	0.99	-0.35	-0.08	0.69	0.61	-0.6	0.73
Current Deferred Revenue	-0.69	-0.14	-0.38	-0.63	0.62	0.88	-0.42	-0.67	-0.67	-0.74	-0.17	-0.15	-0.91	-0.46	-0.68	-0.68	-0.51	-0.75		-0.7	0.27	0.46	-0.62	-0.55	0.66	-0.64
Non Current Assets Total	0.66	0.05	0.46	0.58	-0.58	-0.6	0.71	0.62	0.62	0.47	-0.05	0.57	0.62	0.55	0.63	0.43	0.8	0.99	-0.7		-0.3	0.04	0.69	0.59	-0.59	0.73
Non Currrent Assets Other	-0.1	-0.12	-0.05	-0.09	0.07	0.43	0.16	-0.09	-0.09	-0.4	-0.37	0.06	-0.44	-0.18	-0.09	-0.42	-0.15	-0.35	0.27	-0.3		0.35	-0.18	-0.12	0.15	-0.35
Other Assets	-0.02	-0.23	-0.1	0.05	-0.05	0.64	0.28	-0.02	-0.02	-0.62	-0.59	0.46	-0.58	-0.2	-0.02	-0.59	0.29	-0.08	0.46	0.04	0.35		0.01	-0.28	0.14	0.01
Other Current Assets	0.66	0.1	0.52	0.59	-0.61	-0.51	0.83	0.63	0.63	0.41	-0.06	0.68	0.54	0.5	0.64	0.38	0.57	0.69	-0.62	0.69	-0.18	0.01		0.38	-0.63	0.72
Property Plant And Equipment Gross	0.3	0.12	0.36	0.13	-0.13	-0.74	0.42	0.27	0.27	0.76	0.54	0.06	0.59	0.43	0.28	0.78	0.28	0.61	-0.55	0.59	-0.12	-0.28	0.38		-0.68	0.67
Short Term Debt	-0.55	-0.14	-0.39	-0.4	0.41	0.7	-0.5	-0.52	-0.52	-0.63	-0.32	-0.19	-0.6	-0.4	-0.53	-0.67	-0.37	-0.6	0.66	-0.59	0.15	0.14	-0.63	-0.68		-0.54
Property Plant Equipment	0.59	0.05	0.42	0.53	-0.53	-0.66	0.66	0.56	0.56	0.63	0.2	0.45	0.69	0.46	0.57	0.62	0.54	0.73	-0.64	0.73	-0.35	0.01	0.72	0.67	-0.54

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Energous Account Relationship Matchups

Energous fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.9M	53.1M	51.4M	29.8M	16.7M	29.1M
Other Current Liab	2.1M	1.6M	2.5M	2.2M	2.0M	2.2M
Total Current Liabilities	4.5M	3.5M	4.3M	3.8M	4.6M	4.4M
Total Stockholder Equity	19.0M	49.1M	47.0M	24.6M	11.5M	10.9M
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 Payable	1.7M	1.1M	1.2M	900.8K	1.9M	1.8M
Cash	21.7M	50.7M	49.1M	26.3M	13.9M	26.5M
Cash And Short Term Investments	21.7M	50.7M	49.1M	26.3M	13.9M	26.5M
Common Stock Total Equity	225.0	265.0	333.0	614.0	706.1	741.41
Common Stock Shares Outstanding	1.5M	2.1M	3.2M	3.9M	4.7M	4.9M
Liabilities And Stockholders Equity	24.9M	53.1M	51.4M	29.8M	16.7M	29.1M
Non Current Liabilities Total	1.4M	576.8K	40.4K	1.3M	556.9K	529.0K
Other Stockholder Equity	282.2M	344.0M	383.4M	387.3M	393.5M	234.9M
Total Liab	5.9M	4.1M	4.4M	5.1M	5.2M	4.8M
Total Current Assets	22.2M	51.4M	50.2M	27.4M	15.0M	27.4M
Common Stock	333.0	614.0	767.0	789.0	930.0	976.5
Property Plant And Equipment Net	2.7M	1.7M	1.1M	2.4M	1.7M	1.8M
Non Current Assets Total	2.7M	1.7M	1.1M	2.4M	1.7M	1.9M
Other Current Assets	450.2K	636.7K	874.9K	827.6K	539.1K	757.6K
Property Plant And Equipment Gross	2.7M	1.7M	1.1M	2.4M	5.7M	6.0M
Property Plant Equipment	626.5K	1.7M	1.1M	2.4M	2.7M	1.6M
Net Tangible Assets	19.0M	49.1M	47.0M	24.6M	28.3M	31.7M
Net Receivables	63.1K	75.9K	283.6K	143.4K	101.6K	114.3K
Retained Earnings Total Equity	(173.9M)	(224.7M)	(263.1M)	(295.0M)	(265.5M)	(278.7M)
Capital Surpluse	185.7M	243.1M	282.2M	344.0M	395.6M	219.8M
Net Invested Capital	19.0M	49.1M	47.0M	24.6M	11.5M	10.9M
Net Working Capital	17.7M	47.9M	45.9M	23.5M	10.4M	9.9M
Capital Stock	333.0	614.0	767.0	789.0	930.0	677.96

Pair Trading with Energous

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 Energous 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 Energous will appreciate offsetting losses from the drop in the long position's value.

Moving against Energous Stock

0.78	BMI	Badger Meter Financial Report 18th of July 2024	Pair Corr
0.71	DYSL	Dynasil Of	Pair Corr
0.5	WELX	Winland Holdings	Pair Corr
0.47	GIGA	Giga tronics Symbol Change	Pair Corr
0.45	GRMN	Garmin	Pair Corr

The ability to find closely correlated positions to Energous could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energous 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 Energous - 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 Energous to buy it.

The correlation of Energous 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 Energous moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energous 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 Energous 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 Energous Stock Analysis

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

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